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LMAT LeMaitre Vascular Inc

NASDAQ
Health Care
Health Care

$81.46

▼ 2.0%

Updated Oct 16, 2:25 PM ET

Report Card

LMAT at a glance — five pillars scored 0–100 from real filed financials.

How the 0–100 rating is calculated
Value
—
Growth
—
Profitability
52
Health
94
Dividends
—

Overall: not rated yet. This stock's fundamentals ratios aren't loaded, so only the pillars its filings support are scored.

Key Metrics

Market Cap

—

P/E

—

Forward P/E (est.)

—

ROE

—

Revenue Growth

—

EPS Growth

—

Profit Margin

—

FCF Yield

—

Debt / Equity

—

ROIC

13.0%

Interest Coverage

13.1x

Current Ratio

16.31x

Dividend Yield

—

Implied Growth (rev. DCF)

—

Rating Score

Not rated

Business Overview

Research

LeMaitre Vascular Inc (LMAT) is a NASDAQ-listed company in the Health Care industry, within the Health Care sector.

In its latest reported year it generated about $249.60M in revenue and $57.73M in net profit.

Our model hasn't rated LMAT yet because its fundamentals ratios (P/E, margins, returns on capital, leverage) aren't loaded. Any financial history below comes straight from its SEC filings and refreshes automatically.

Economic Moat

Evidence of durable competitive advantage in the filed financials (10 years of history).

Profit margins and economic moats, explained
Wide moat signalsMoat evidence score: 85/100

The filed history looks like a business competitors struggle to attack: high and steady margins, revenue that grows through cycles, and strong returns on capital.

Gross margin level100/100

68.6% average over the last 3 years

Gross margin stability71/100

±2.4 pts around 68.1% across 10 years

Revenue durability100/100

grew in 9 of the last 9 year-over-year periods

Free-cash-flow consistency100/100

positive in 10 of 10 years

Return on invested capital40/100

13.0% latest fiscal year

A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.

Revenue Growth

Research
How to read an income statement

4Y CAGR

12.8%

Revenue moved from $89.15M in 2016 to $249.60M in 2025, a 12.1% compound annual growth rate. The most recent year was roughly steady year over year. Slower, mature growth is common for established businesses.

1/1 checks passedROIC above 10%

Gross Margin

71.5%

Operating Margin

27.2%

Net Margin

23.1%

ROE

—

Debt Analysis

Research
2/2 checks passedInterest covered 3×+Short-term bills covered

Total Debt

—

Net Debt

—

Net Debt / EBITDA

—

Debt / Equity

—

Leverage: debt-to-equity is n/a, and operating profit covers interest about 13.1x, with a current ratio of 16.3x. Detailed balance-sheet leverage is limited for this name.

Cash Flow Analysis

Research

Operating CF

$81.25M

Free Cash Flow

$74.47M

FCF Margin

29.8%

In the latest year LeMaitre Vascular Inc produced about $81.25M of operating cash flow and $74.47M of free cash flow after capital spending. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.

Dividend Safety

Can the payout survive a bad year? Scored from filed cash flow, earnings coverage, and the raise/cut record.

What to look for in a dividend stock
SafeSafety score: 100/100

The payout is comfortably covered by cash the business actually generates, with a raise habit behind it.

Per share (latest FY)

$0.80

Total paid (latest FY)

$18.11M

History on record

10 years

Free-cash-flow coverage100/100

dividend uses 24% of free cash flow

Earnings payout ratio100/100

31% of net income paid out

Raise streak100/100

total dividends increased 9 years in a row

Cut history100/100

no cuts in the last 10 years on record

Coverage uses the latest fiscal year as filed with the SEC; the streak counts total dollars paid (per-share figures can carry split artifacts). Educational information, not income advice.

Valuation Analysis

Research
What is a reasonable P/E ratio?
0/1 checks passedTrading below DCF fair value

P/E

—

P/S

—

P/B

—

EV / EBITDA

—

LMAT trades at n/a trailing earnings. Its valuation ratios aren't loaded yet, so there is no P/E to judge here.

DCF Fair Value (Educational)

A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.

How this DCF estimate is calculated

DCF fair value / share

$55.91

Current price

$81.46

-31% · Above fair-value estimate

Starting FCF (latest 10-K)

$74.47M

Growth, years 1–5

4.0%

Fade to terminal, years 6–10

2.5%

Discount rate

9.0%

PV of 10-yr free cash flow$575.55M
PV of terminal value$703.00M
Estimated equity value$1.28B
Shares outstanding23M

Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.

Metrics vs. Sector Range

Where LMAT sits versus the Health Care companies we cover.

TTM P/E
——
Forward P/E
——
P/S ratio
——
Revenue growth
——
EPS growth
——
Gross margin
71.5%Average
Net margin
——
ROE
——

Bands show the middle half (25th–75th percentile) of the 83 Health Care companies in our coverage that have fundamentals data — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.

Sector Peer Comparison

How LMAT stacks up against its Health Care peers — valuation, profitability, and growth versus the sector median.

LMAT doesn't have a model rating yet (its fundamentals ratios aren't loaded), so it isn't ranked against the 83 rated Health Care companies we cover.

P/E vs sector

—

median 26.1x

ROE vs sector

—

median 14.1%

Growth vs sector

—

median 7.6%

Sector rank

—

not rated yet

CompanyP/ERev Gr.Rating
LMATThis stock——Not rated
EHC17.3x10.1%Favorable· 65
GMED18.5x23.5%Strong· 77
FMS11.6x-0.7%Neutral· 53
MOH62.7x7.7%Weak· 28
SNN20.3x6.1%Neutral· 56
PEN73.3x17.3%Neutral· 52
THC10.3x6.6%Favorable· 60
Health Care median26.1x7.6%52/100

Valuation vs. quality map

sector medianEHCGMEDFMSMOHSNNPENTHCP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Health Care companies by sub-industry and size, preferring ones with full data. Sector medians and rank use the 83 rated companies among the 324 Health Care stocks we cover. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

What drives this projection, and its limits

2030 scenario price range (Base Case)

$44.26 – $73.77

vs. $81.46 today · implied CAGR -11% – -2%

Metric20262027202820292030
Revenue$269.57M$291.14M$314.43M$339.58M$366.75M
Net income$62.00M$66.96M$72.32M$78.10M$84.35M
EPS$2.71$2.93$3.16$3.42$3.69
Share price (low)$32.53$35.14$37.95$40.98$44.26
Share price (high)$54.22$58.56$63.24$68.30$73.77
CAGR (low–high)-60% / -33%-34% / -15%-22% / -8%-16% / -4%-11% / -2%

Educational scenario model, not a forecast or investment advice. It starts from the latest annual revenue in SEC filings. By default, growth is trailing revenue growth (held between 3% and 45% a year), the net margin is the latest one (held between 3% and 50%, so a loss-making company is modeled with a small profit), and the Base case P/E runs from 60% to 100% of today's. Carrying recent growth forward five years can miss badly in either direction. Outputs are only as good as the assumptions. Growth, margin or P/E data is missing for this stock, so some starting values above are placeholders rather than measurements.

Key Risks

Research

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Analyst Ratings

What 14 Wall Street analysts covering LMAT recommend (September 2026). Consensus is a useful sanity check — not a substitute for your own homework.

Buy
consensus · score 4.0 / 5 across 14 analysts
Strong Buy 5Buy 4Hold 5Sell 0Strong Sell 0

Latest SEC Filings

LMAT's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen. How to read a 10-K

LMAT — frequently asked questions

Is LMAT a good stock to buy?

We don't give buy or sell advice. Review LeMaitre Vascular Inc's fundamentals, valuation, and 5-year financials on this page, then make your own decision — and consider a licensed professional.

Where does LMAT's data come from?

Live price data plus the annual financials in LeMaitre Vascular Inc's SEC filings, refreshed automatically. Its fundamentals ratios aren't loaded yet, which is why it has no model rating.

How is the 5-year projection for LMAT calculated?

It's a scenario model. It starts from the latest annual revenue and net margin in SEC filings, grows revenue at an assumed rate (trailing revenue growth by default), and applies a P/E range built around today's multiple to show the resulting share-price range. When a stock has no growth or P/E data, the starting values are placeholders. It's a tool for thinking, not a prediction.

Is this LMAT analysis financial advice?

No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell LMAT. Always do your own research and consider a licensed professional.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.