SequelSEC

Enovis CORP ENOV

Orthopedic, Prosthetic & Surgical Appliances & Supplies · CIK 0001420800 · Fiscal year ends 1231

Revenue
$2.25B
Fiscal year ended 2025-12-31
Operating income
-$1.12B
Fiscal year ended 2025-12-31
Free cash flow
$19.92M
Fiscal year ended 2025-12-31

Valuation, from the filing

Public float$1.91BMarket value of stock held by non-affiliates, as stated on the cover page for 2025-07-04
Float per share$33.37Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / revenue0.8×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity1.3×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-07-04, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

Valuation over time

81.9× earnings today, against a median of 23.2× across 5 years on record. Above its own history.

Float measuredPublic floatFloat / net income
2021-07-02$5.87B81.9×
2020-07-03$2.82B66.2×
2018-06-28$2.91B20.7×
2017-06-30$3.51B23.2×
2016-07-01$2.34B18.3×

Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.

How this compares in its industry

Percentile among the Orthopedic, Prosthetic & Surgical Appliances & Supplies filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
CapEx / revenue8.8%90th
SBC / revenue1.5%21th
R&D / revenue5.4%28th
Net margin-52.7%38th
Operating margin-50.0%38th
Current ratio2.02x39th
FCF margin0.9%60th
Long-term debt / equity0.85x56th
Gross margin59.8%52th
Revenue YoY growth6.7%50th

Enovis CORP (ENOV) reported revenue of $2.25B and net income of -$1.18B for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Enovis CORP’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Orthopedic, Prosthetic & Surgical Appliances & Supplies.

Income

Enovis CORP income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$2.25B$2.11B$1.71B$1.56B$1.43B$1.12B$3.33B$2.19B$1.94B$3.19B
Cost of revenue$902.79M$926.87M$716.42M$693.72M$648.51M$517.06M$1.93B$1.46B$1.27B$2.19B
Gross profit$1.35B$1.18B$990.78M$869.38M$777.68M$603.64M$1.40B$729.38M$671.58M$992.38M
Operating income-$1.12B-$775.72M-$65.71M-$71.18M-$62.80M-$66.18M$203.61M$151.54M$135.60M$236.85M
Net income-$1.18B-$825.49M-$33.26M-$13.29M$71.66M$42.62M-$527.65M$140.20M$151.09M$128.11M
Research & development$120.33M$91.30M$75.33M$60.83M$49.09M$34.27MUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 57.07Mshares 55.28Mshares 54.49Mshares 54.07Mshares 51.14Mshares 45.59Mshares 136.67Mshares 120.80Mshares 124.00Mshares 123.20M
Pretax income-$1.16B-$822.92M-$67.13M-$2.07M-$121.78M-$119.01M$50.49M$92.36M$48.56M$206.52M
Income tax expense$22.29M$4.49M-$13.29M$36.12M-$19.53M-$44.58M$31.63M-$29.51M$2.48M$51.77M
Diluted EPS$-20.75$-14.93$-0.61$-0.25$1.40$0.93$-3.89$1.16$1.22$1.04
Selling, general & administrative$1.07B$1.03B$830.30M$772.91M$665.78M$515.47M$1.13B$548.76M$500.65M$696.80M
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

Enovis CORP balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Cash & equivalents$36.39M$48.17M$36.19M$24.30M$680.25M$97.07M$109.63M$77.15M$262.02M$208.81M
Total assets$3.83B$4.72B$4.51B$4.27B$8.52B$7.35B$7.39B$6.62B$6.71B$6.34B
Current assets$1.21B$1.15B$896.52M$795.02M$2.30B$1.36B$1.40B$1.96B$2.07B$1.74B
Total liabilities$2.34B$2.15B$1.09B$823.45M$3.85B$3.76B$3.90B$3.14B$2.98B$3.25B
Current liabilities$598.47M$529.00M$369.61M$565.20M$1.02B$811.66M$857.31M$1.20B$1.10B$1.06B
Total equity incl. NCI$1.49B$2.56B$3.42B$3.45B$4.66B$3.59B$3.49B$3.48B$3.73B$3.09B
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Inventory$584.38M$547.12M$468.83M$426.64M$356.23M$564.82M$571.56M$359.66M$429.63M$364.97M
Accounts receivable$442.79M$407.03M$291.48M$267.38M$254.96M$517.01M$561.86M$386.59M$970.20M$838.80M
Goodwill$718.30M$1.69B$2.06B$1.98B$1.93B$1.76B$3.20B$1.50B$1.43B$2.35B
Long-term debt$1.26B$1.31B$466.16M$40.00M$2.08B$2.20B$2.28B$1.19B$1.06B$1.29B
Accounts payable$187.53M$179.10M$132.48M$135.63M$155.21M$330.25M$359.78M$291.23M$587.13M$515.52M

Cash flow

Enovis CORP cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Operating cash flow$217.29M$113.50M$134.99M-$55.86M$356.10M$301.94M$130.95M$226.37M$218.77M$246.97M
Capital expenditures$197.38M$180.71M$122.22M$105.45M$104.24M$114.78M$125.40M$69.65M$68.76M$63.25M
Investing cash flow-$179.37M-$955.47M-$242.47M-$176.39M-$320.48M-$175.08M-$1.63B-$167.85M$89.88M-$81.99M
Financing cash flow-$52.40M$846.82M$127.80M-$465.13M$584.91M-$131.65M$1.37B-$47.15M-$280.45M-$145.22M
Net change in cash-$11.78M$3.34M$20.54M-$695.08M$618.30M-$8.56M-$135.39M-$17.00M$40.29M$24.26M
Stock-based compensation$32.92M$29.66M$34.06M$38.96M$35.35M$28.91M$21.96M$25.10M$21.55M$19.02M
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchases$3.50M$4.77M$0$0Unavailable$0$0$200.00M$0$20.81M
Depreciation & amortization$1.34B$927.83M$217.11M$202.96M$186.99M$167.90M$215.61M$81.21M$72.69M$128.83M

Derived

Enovis CORP derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Free cash flow$19.92M-$67.21M$12.76M-$161.31M$251.86M$187.15M$5.55M$156.72M$150.00M$183.72M
Gross margin59.8%56.0%58.0%55.6%54.5%53.9%42.1%33.3%34.7%31.2%
Operating margin-50.0%-36.8%-3.8%-4.6%-4.4%-5.9%6.1%6.9%7.0%7.4%
FCF margin0.9%-3.2%0.7%-10.3%17.7%16.7%0.2%7.1%7.7%5.8%
SBC / revenue1.5%1.4%2.0%2.5%2.5%2.6%0.7%1.1%1.1%0.6%
Current ratio2.02x2.17x2.43x1.41x2.25x1.68x1.64x1.63x1.89x1.64x
Revenue YoY growth6.7%23.5%9.2%9.6%27.3%-66.3%51.7%13.2%-39.2%Unavailable
Net margin-52.7%-39.2%-1.9%-0.9%5.0%3.8%-15.9%6.4%7.8%4.0%
R&D / revenue5.4%4.3%4.4%3.9%3.4%3.1%UnavailableUnavailableUnavailableUnavailable
CapEx / revenue8.8%8.6%7.2%6.7%7.3%10.2%3.8%3.2%3.5%2.0%
Long-term debt / equity0.85xUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable62.6%-31.9%5.1%25.1%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open ENOV in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-06View SEC filing
10-Q · Filed 2026-05-07View SEC filing
10-K · Filed 2026-02-26View SEC filing
10-Q · Filed 2025-11-06View SEC filing
10-Q · Filed 2025-08-07View SEC filing
10-Q · Filed 2025-05-08View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.