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Artivion, Inc. AORT R2K

Healthcare · Medical Devices · United States
https://artivion.com

Artivion, Inc. manufactures, processes, and distributes medical devices and implantable human tissues worldwide. The company offers On-X prosthetic aortic and mitral heart valves; On-X ascending aortic prosthesis; CarbonAid CO2 diffusion catheters; Chord-X ePTFE sutures; pyrolytic carbon coating services; E-vita Open NEO, a hybrid stent graft; Arcevo, an LSA hybrid stent graft system; AMDS hybrid prosthesis; and NEXUS ONE, an endovascular stent graft system. It also provides NEXUS DUO, an aortic arch system; NEXUS TRE, a custom-made three branch graft; E-vita thoracic 3G, a stent graft system; E-xtra Design Engineering, a range of stent graft systems for the treatment of aortic vascular diseases, such as TAAA and Artivex; E-nside, a multibranch stent graft system; E-tegra, an AAA stent graft system; E-ventus BX and Tuva BX balloon-expandable peripheral stent grafts; and E-liac, a stent graft used to treat aneurysmal iliac arteries. In addition, the company offers synthetic vascular grafts that are used in open aortic and peripheral vascular surgical procedures; BioGlue, a surgical sealant; CryoValve SG pulmonary heart valve; CryoPatch SG pulmonary cardiac patch; SynerGraft, a decellularization technology; vascular preservation services; and PhotoFix, a bovine pericardial patch fixated. It markets its products and preservation services primarily to physicians through a direct sales team to hospitals and other healthcare facilities. The company was formerly known as CryoLife, Inc. and changed its name to Artivion, Inc. in January 2022. Artivion, Inc. was incorporated in 1984 and is headquartered in Kennesaw, Georgia.

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$22.19
-24.98% 1Y

Market & Price

Market Cap
$1.08B
Current Price
$22.19
High / Low (52W)
$47.63 / $22.19
Beta
1.40

Valuation

Stock P/E
88.76
Industry PE
23.65
Forward P/E
28.69
PEG Ratio
643.75
Book Value
$9.29
Price to Book
2.39
P/S
2.35
EV/EBITDA
20.84
Dividend Yield
-

Profitability & Returns

ROCE
5.28%
ROE
3.14%
ROA
2.84%
Profit Margin
2.55%
Op Margin
5.18%
EPS (Latest Qtr)
$0.03
EPS (TTM)
$0.25

Balance Sheet & Liquidity

Debt/Equity
0.57
Quick Ratio
1.74
Current Ratio
3.86
Debt
$258.16M
Total Assets
$884.80M
Current Assets
$358.08M
Working Capital
$256.53M

Ownership

Promoter Holding
4.64%
Chg in Prom Hold
-0.00%
FII / Inst Holding
93.50%
Chg in FII Hold
0.05%

Financial Snapshot

Enterprise Value
$1.28B
Total Revenue (TTM)
$458.69M
EBITDA
$61.40M
Free Cash Flow
$-7.29M
Operating Cash Flow
$57.99M
Shares Outstanding
48.54M
Gross Margin
64.55%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
12.04%
Profit 5Y
50.30%
Revenue (YoY)
17.50%
Earnings (YoY)
-

PROS

  • Compounding revenue at 12.0% over 5 years.
  • Profit CAGR of 50.3% over 5 years.

CONS

  • Trading at a high P/E of 88.8.
  • Trading 53.4% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Healthcare).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 AORT Artivion, Inc. R2K 22.19 88.76 $1.08B - 5.28% 3.14% 12.04% 50.30%
2 LLY Eli Lilly and Company SPX 1,105.00 39.21 $985.37B 0.63% 38.44% 107.46% 31.69% 48.96%
3 JNJ Johnson & Johnson SPX 225.33 26.11 $542.42B 2.38% 23.13% 26.42% 5.60% 14.32%
4 UNH UnitedHealth Group Incorporated SPX 380.31 28.66 $345.38B 2.32% 9.60% 12.18% 11.35% -15.69%
5 MRK Merck & Co., Inc. SPX 118.72 33.44 $293.22B 2.86% 20.66% 18.94% 3.12% 7.93%
6 TMO Thermo Fisher Scientific Inc. SPX 492.51 27.11 $183.03B 0.38% 9.17% 13.52% -0.27% -1.19%
7 AMGN Amgen Inc. NDXSPX 336.79 23.42 $181.77B 2.99% 18.02% 101.32% 11.77% 5.58%
8 GILD Gilead Sciences, Inc. NDXSPX 134.43 18.29 $166.90B 2.44% 22.92% 43.36% 2.57% 22.83%
9 ISRG Intuitive Surgical, Inc. NDXSPXAI 424.64 51.53 $150.39B - 15.96% 17.23% 17.39% 29.26%
Ad space

Quarterly Results

Figures in USD.

Metric Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue -------45.06M47.82M44.00M-61.95M68.50M64.60M-67.50M71.14M67.88M-66.43M53.77M65.13M71.09M76.15M72.21M77.21M80.34M76.84M83.23M89.25M87.85M97.43M98.02M--98.98M112.97M113.39M115.99M116.34M
Cost of Revenue -----------------------------------35.40M39.86M38.99M42.85M40.89M
Gross Profit 21.55M22.98M26.52M27.62M30.30M29.78M31.20M29.51M32.91M29.86M36.36M39.23M45.85M42.71M45.19M44.27M46.97M45.22M46.55M44.17M35.89M43.13M47.84M50.51M47.79M50.72M52.17M48.74M53.73M58.08M56.27M62.95M63.32M--63.58M73.11M74.39M73.14M75.45M
Operating Expenses -----------------------------------61.43M64.73M65.36M65.96M69.66M
Operating Income -457.00K2.53M-6.65M4.59M5.48M-2.55M4.79M829.00K--3.49M5.41M4.62M-2.21M6.50M4.70M--1.19M-1.92M3.63M1.45M1.32M14.69M1.64M4.54M-4.11M-3.86M7.67M-1.24M25.31M6.51M--2.15M8.38M9.04M7.18M5.79M
EBITDA -----------------------------------10.81M16.29M18.89M17.82M12.05M
Interest Expense -----------------------------------7.66M7.27M6.12M5.53M5.37M
Pretax Income ------------------------------------2.29M3.48M7.06M6.54M339.00K
Tax Provision ------------------------------------1.79M2.14M554.00K4.11M-1.08M
Net Income -502.00K2.15M2.64M2.54M2.35M2.99M2.90M2.22M3.16M1.32M-3.01M-3.85M226.00K1.56M-776.00K-297.00K2.83M-134.00K-681.00K-6.67M-3.69M-2.87M-3.14M-2.18M10.58M-3.39M-4.26M-13.71M-13.53M-3.38M-9.80M7.53M-2.12M---505.00K1.34M6.50M2.43M1.42M
Diluted EPS -0.020.070.090.080.070.090.090.060.090.04-0.09-0.110.010.04-0.02-0.010.070.00-0.02-0.18-0.10-0.08-0.08-0.060.26-0.08-0.11-0.34-0.33-0.08-0.240.18-0.05---0.010.030.130.050.03
R&D Expense 2.68M2.96M-2.61M3.28M3.71M-4.09M4.73M4.28M-5.37M5.72M5.22M-5.55M5.84M6.26M-6.36M5.52M5.75M7.75M8.36M9.97M10.13M8.65M11.80M7.22M7.42M6.42M6.95M7.50M6.61M-6.73M7.06M8.08M-8.84M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue -------180.38M189.70M262.84M276.22M253.23M-313.79M354.00M388.54M441.33M
Cost of Revenue -------------111.27M124.83M139.76M157.10M
Gross Profit 69.77M68.37M75.84M85.02M90.39M91.29M90.72M118.90M128.64M172.98M183.01M167.78M-202.52M229.18M248.78M284.23M
Operating Expenses -------------196.32M237.68M209.91M257.48M
Operating Income 14.50M9.87M11.64M12.61M13.82M8.84M5.35M21.82M7.97M9.31M17.04M2.44M-6.20M-8.51M38.87M26.75M
EBITDA -------------25.68M26.79M50.97M63.82M
Interest Expense -------------18.22M25.30M34.28M26.58M
Pretax Income --------------14.98M-21.59M-7.51M14.78M
Tax Provision -------------4.21M9.10M5.84M5.01M
Net Income 8.68M3.94M7.37M7.95M16.17M7.32M4.00M10.78M3.70M-2.84M1.72M-16.68M--19.19M-30.69M-13.36M9.77M
Diluted EPS 0.300.140.260.280.570.250.140.320.11-0.080.05-0.44-0.38-0.48-0.75-0.32-
R&D Expense 5.25M5.92M6.90M7.26M8.45M8.70M10.44M13.45M19.46M23.10M22.96M24.21M35.55M38.88M28.71M28.45M30.99M

Compounded Sales Growth

5 Years:12.04%
1 Year:17.50%

Compounded Profit Growth

5 Years:50.30%
1 Year:-

Stock Price Performance

1 Year:-24.98%
6 Months:-52.62%
3 Months:-42.36%
1 Month:-35.94%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --137.44M147.86M157.16M174.68M176.16M181.18M316.14M589.69M571.09M605.65M789.40M-762.80M792.40M789.10M884.80M
Current Assets --------------247.33M280.67M290.08M358.08M
Cash & Equivalents 17.20M30.12M35.50M21.70M13.01M37.64M33.38M37.59M56.64M39.98M41.49M33.77M61.41M-39.35M58.94M53.46M64.91M
Inventory --------------74.48M81.98M79.77M92.43M
Receivables --------------61.82M71.80M79.46M89.76M
Total Liabilities --23.50M26.33M29.04M29.94M27.47M25.93M107.16M312.63M296.02M319.96M460.69M-478.47M510.62M512.90M436.56M
Current Liabilities --19.33M21.46M21.43M20.72M20.63M19.61M30.10M42.94M34.52M45.20M60.47M-49.67M57.86M66.82M101.56M
Long Term Debt --------67.01M218.24M215.72M214.57M290.47M-306.50M305.53M314.15M215.11M
Total Debt --------------356.83M358.34M362.26M257.61M
Total Equity 98.37M110.45M113.94M121.54M128.11M144.75M148.69M155.25M208.98M277.06M275.07M285.70M328.71M-284.33M281.78M276.20M448.23M
Shares Outstanding --------------41.83M42.57M43.43M49.33M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 16.57M20.84M16.75M18.99M--11.44M19.72M10.80M9.88M15.83M12.37M--5.15M18.82M22.24M39.88M
Investing Cash Flow -4.38M-10.73M-27.72M-22.92M---4.49M-78.91M-171.05M-6.71M-23.94M-73.13M--10.71M-502.00K-28.19M-42.04M
Financing Cash Flow 707.00K-4.72M-2.85M-4.71M---2.81M73.43M143.25M-2.56M-1.49M93.61M--1.64M865.00K2.20M11.28M
Capital Expenditure -1.69M-2.12M-2.54M-3.07M-4.34M-4.31M-3.49M-6.20M-6.63M-5.79M-8.07M-7.33M--10.71M-9.75M-11.19M-39.04M
Free Cash Flow 14.88M18.72M14.21M15.92M--7.95M13.52M4.17M4.09M7.75M5.04M--15.87M9.07M11.05M839.00K
Net Change in Cash --------------17.51M19.19M-3.75M9.12M
Share Buybacks 330.00K5.88M3.06M3.31M1.52M5.59M-----------
Dividends Paid ---1.37M2.97M3.29M3.41M----------

Ratios (Annual)

Figures in %.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -------65.9%67.8%65.8%66.3%66.3%-64.5%64.7%64.0%64.4%
Operating Margin % -------12.1%4.2%3.5%6.2%1.0%-2.0%-2.4%10.0%6.1%
Net Margin % -------6.0%2.0%-1.1%0.6%-6.6%--6.1%-8.7%-3.4%2.2%
ROE % 7.9%3.5%6.1%6.2%11.2%4.9%2.6%5.2%1.3%-1.0%0.6%-5.1%--6.7%-10.9%-4.8%2.2%
ROCE % -8.4%9.2%9.3%9.0%5.7%3.3%7.6%1.5%1.7%3.0%0.3%-0.9%-1.2%5.4%3.4%

Shareholding Pattern

Insiders
4.64%
Institutions
93.50%
Public Float
98.05%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 13.34% 6.47M $143.68M
2 FMR, LLC 5.32% 2.58M $57.33M
3 Nomura Asset Management International Inc 5.06% 2.46M $54.50M
4 Morgan Stanley 4.67% 2.27M $50.36M
5 Vanguard Capital Management LLC 4.02% 1.95M $43.32M
6 State Street Corporation 3.47% 1.68M $37.33M
7 Perceptive Advisors Llc 3.37% 1.64M $36.33M
8 Fred Alger Management, LLC 2.49% 1.21M $26.81M
9 Juniper Investment Company, LLC 2.45% 1.19M $26.39M
10 Conestoga Capital Advisors, LLC 2.42% 1.18M $26.08M

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