LeMaitre Vascular, Inc.

LeMaitre Vascular, Inc.

LMAT
LeMaitre Vascular, Inc.US flagNASDAQ Global Market
80.67
USD
+0.18
- -
1.84BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4.21
4.28
4.41
4.82
5.32
5.43
5.92
6.39
7.3
7.36
8.71
9.79
11.03
11.53
Basic EPS, GAAP
0.21
0.24
0.44
0.57
0.91
1.18
0.91
1.05
1.27
0.94
1.36
1.96
2.55
2.89
Free Cash Flow per Basic Share
0.16
0.26
0.51
0.76
0.87
0.85
0.53
1.57
1.43
1.01
1.33
1.66
3.29
3.24
Dividend per Share
0.12
0.14
0.16
0.18
0.22
0.28
0.34
0.38
0.44
0.5
0.56
0.64
0.8
0.9
Book Value per Share
3.63
3.93
4.25
4.71
5.7
6.64
7.35
8.41
11.59
12.14
13.34
14.96
17.28
18.38
Tangible Book Value per Share
2.27
2.52
2.93
2.91
4.03
4.42
4.13
2.33
6.18
7.05
8.52
10.44
12.93
14.16
Basic Weighted Avg Shares
15
17
18
18
19
19
20
20
21
22
22
22
23
23
Sales/Revenue/Turnover
65
71
78
89
101
106
117
129
154
162
193
220
250
262
Operating Margin (%)
7
9.98
14.23
18.32
20.92
19.64
18.07
21.89
23.59
18.52
19.22
23.77
27.21
29.46
Depreciation Expense
3
3
3
4
4
4
5
8
11
9
10
10
10
11
Net Income, GAAP
3
4
8
11
17
23
18
21
27
21
30
44
58
66
Effective Tax Rate (%)
26.02
38.05
32.09
34.8
18.62
19.34
17.27
22.43
21.52
24.93
23.74
22.57
23.21
22.5
Profit Margin (%)
4.96
5.51
9.9
11.88
17.03
21.73
15.3
16.4
17.42
12.77
15.56
20.03
23.13
25.02
Working Capital
32
39
48
49
67
74
71
69
118
136
165
372
432
458
LT Debt
- -
- -
- -
- -
- -
- -
14
50
14
15
17
183
183
187
Total Equity
57
68
78
88
110
130
148
173
254
268
298
337
394
420
Return on Invested Capital (%)
5.6
6.51
9.62
11.98
16.33
13
11.18
10.7
11.04
7.81
9.08
9.33
9.19
10.14
Return on Capital (%)
5.87
6.28
10.62
12.82
17.43
19.12
12.2
11.37
11.52
7.44
10.01
10.52
11.2
12.03
Return on Common Equity (%)
5.85
6.28
10.62
12.81
17.41
19.12
12.88
13.23
12.61
7.9
10.64
13.87
15.8
16.77

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3
3
3
LT Borrowings
169
169
169
LT Finance Leases
14
18
18
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
23
23
23
Market Capitalization
1,847
2,494
2,194

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
468
478
488
Cash, Cash Equivalents & STI
359
367
376
Accounts Receivable, Net
34
36
36
Inventories
58
58
58
Total Current Liabilities
36
33
30
Payables & Accruals
33
29
26
ST Debt
3
3
3
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
18.04%
18.75%
16.67%
Free Cash Flow
36.72%
25.56%
100.39%
Net Income, GAAP
25.55%
25.35%
31.1%
Sales/Revenue/Turnover
12.39%
14.18%
13.53%
Total Cash Common Dividend
20.46%
18.75%
25.95%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
53
56
55
56
220
2025
60
64
61
64
250
2026
67
70
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.44
0.53
0.5
0.5
1.96
2025
0.49
0.61
0.77
0.69
2.55
2026
0.69
0.75
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.16
0.16
0.16
0.16
0.64
2025
0.2
0.2
0.2
0.2
0.8
2026
0.25
0.25
- -
- -
- -

Company Description

CEO
George W. LeMaitre
Full Time Employees
651
Sector
Healthcare
Industry
Medical - Instruments & Supplies
Address
63 Second Avenue Burlington MA United States of America 01803
IPO Date
Oct 19, 2006
Business
LeMaitre Vascular, Inc. develops, manufactures, and markets disposable and implantable medical devices and human tissue cryopreservation services for the treatment of peripheral vascular disease worldwide. The company offers a diversified portfolio of products including valvulotomes to disrupt valves in saphenous veins for arterial bypass; embolectomy and thrombectomy catheters to remove arterial and venous clots; occlusion and perfusion catheters to control and deliver blood flow; carotid shunts to maintain cerebral blood flow during surgery; vascular grafts such as LifeSpan expanded polytetrafluoroethylene grafts, biosynthetic grafts for lower extremity bypass and dialysis access, and Artegraft bovine carotid artery biologic grafts; biologic patches including XenoSure, VascuCel, and CardioCel for vessel and cardiac repair; allografts for vascular reconstruction and cryopreservation services; phlebectomy systems for varicose vein treatment; angioscopes for vessel visualization; radiopaque tape; and vessel closure systems using titanium clips. LeMaitre Vascular sells directly to hospitals in over 25 countries across North America, Europe, the Middle East, Africa, and Asia-Pacific through more than 160 sales representatives and distributors in 90 countries; it was founded in 1983 and is headquartered in Burlington, Massachusetts. Recent developments include strong organic sales growth of 15% in 2025 with raised full-year revenue guidance to $251 million, driven by 27% expansion in catheters and grafts and 23% growth in EMEA; receipt of MDR CE Mark approval for Artegraft enabling accelerated European market penetration for EVAR applications; a 26% surge in Q4 2024 operating income from Artegraft integration and operational efficiencies boosting gross margins to 70%; and a 25% increase in quarterly dividend to $0.20 per share in early 2025.

Company News

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