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$319.26
+24.04% 1Y
Mkt Cap$12.58B
P/E78.25
P/B8.17
52W High$359.40
52W Low$225.54
Book Value$38.86
EPS (TTM)$4.08

Company Overview

Penumbra, Inc., together with its subsidiaries, designs, develops, manufactures, and markets medical devices in the United States and internationally. It offers computer-assisted vacuum thrombectomy; peripheral thrombectomy products, including the Indigo System for power aspiration of thrombus in the body; Lightning Flash, a mechanical thrombectomy system; Lightning Bolt 7, an arterial thrombectomy system; and CAT RX. It also provides access products, including guide catheters and the Penumbra distal delivery catheters under the Neuron, Neuron MAX, BENCHMARK, BMX, DDC, Access25; MIDWAY, and PX SLIM brands; Penumbra System, an integrated mechanical thrombectomy system comprising reperfusion catheters and separators, the 3D Revascularization device, aspiration tubing, aspiration pump, and other components and accessories under the Penumbra RED, SENDit, JET, ACE, BMX, Max, 3D Revascularization Device, and Penumbra ENGINE brands; and neuro embolization coiling systems that include the Penumbra Coil 400, for the treatment of aneurysms and other complex lesions, detachable coils of neurovascular lesions under the Penumbra SMART COIL, SwiftSET, and Penumbra SwiftPAC Coil brands; and POD400 and PAC400 brands. In addition, it provides peripheral embolization products, such as Ruby Embolization Platform, which consists of detachable coils for peripheral applications; Ruby LP and XL Embolization Platform; Penumbra LANTERN Delivery Microcatheter, a low-profile microcatheter with a high-flow lumen; POD (Penumbra Occlusion Device) System, a single device solution; Packing Coil LP; and Packing Coil, a complementary device for use in other peripheral embolization products. Further, it offers neurosurgical tools comprising the Artemis Neuro Evacuation Device for surgical removal of fluid and tissue from the ventricles and cerebrum. It sells its products through direct sales organizations and distributors. The company was incorporated in 2004 and is based in Alameda, California.

Why Investors Should Care

Consistent Profit Growth

Net profit has compounded at 40.9% per year over the last five years.

Steady Revenue Expansion

Revenue has grown at a 28.5% CAGR over the past five years.

Conservative Balance Sheet

Carries low leverage with a debt-to-equity ratio of 0.14.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Dec 2025 Revenue of $1.40B (+17.5% YoY); net profit $177.69M.
  • Trailing 12 Months Year-on-year growth — revenue +14.9%, earnings -23.5%.
  • 5-Year Trend Long-term compounding — revenue CAGR 28.5%, profit CAGR 40.9%.

Growth & Price Performance

Compounded Sales Growth

5 Years:28.52%
1 Year:14.90%

Compounded Profit Growth

5 Years:40.87%
1 Year:-23.50%

Stock Price Performance

1 Year:+24.04%
6 Months:-5.99%
3 Months:-0.25%
1 Month:-1.66%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bearish
52-Week Range 70% of range
$225.54 $359.40
Trend Signals
  • Price vs 50-DMABelow
  • Price vs 200-DMABelow
  • RSI (14)39.60 · Neutral
Price Performance
1M-1.66%
3M-0.25%
6M-5.99%
1Y+24.04%
Valuation vs Sector

P/E of 78.25 is above the sector median of 24.83 — pricier than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Compounding revenue at 28.5% over 5 years.
  • Profit CAGR of 40.9% over 5 years.
  • Generates positive free cash flow.

CONS

  • Trading at a high P/E of 78.2.
  • In a downtrend (50-DMA below 200-DMA).

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

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Valuation

Stock P/E
78.25
Industry PE
24.83
Forward P/E
52.07
PEG Ratio
3.59
Book Value
$38.86
Price to Book
8.17
P/S
8.31
EV/EBITDA
59.06
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
28.52%
Profit 5Y
40.87%
Revenue (YoY)
14.90%
Earnings (YoY)
-23.50%

Profitability & Returns

ROCE
11.52%
ROE
11.37%
ROA
6.42%
Profit Margin
10.67%
Op Margin
10.52%
Gross Margin
67.84%
EPS (Latest Qtr)
$0.88
EPS (TTM)
$4.08

Balance Sheet & Liquidity

Debt/Equity
0.14
Quick Ratio
3.63
Current Ratio
5.75
Debt
$212.71M
Total Assets
$1.97B
Current Assets
$1.34B
Working Capital
$1.03B

Ownership

Promoter Holding
2.90%
Chg in Prom Hold
0.01%
FII / Inst Holding
88.36%
Chg in FII Hold
-0.01%

Financial Snapshot

Enterprise Value
$12.58B
Total Revenue (TTM)
$1.50B
EBITDA
$204.28M
Free Cash Flow
$161.10M
Operating Cash Flow
$277.80M
Shares Outstanding
39.39M
Gross Margin
67.84%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Healthcare).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 PEN Penumbra, Inc. R3KPHARMA 319.26 78.25 $12.58B 0.00% 11.52% 11.37% 28.52% 40.87%
2 LLY Eli Lilly and Company SPXR3KPHARMA 1,123.91 37.80 $1.00T 0.60% - 102.29% 7.20% 11.41%
3 JNJ Johnson & Johnson SPXR3KPHARMA 269.12 31.22 $648.55B 1.98% 14.88% 25.74% 2.43% 4.76%
4 ABBV AbbVie Inc. SPXR3KPHARMA 248.78 70.48 $439.62B 2.78% 10.47% -129.24% 1.75% -29.06%
5 MRK Merck & Co., Inc. SPXR3KPHARMA 148.46 118.77 $366.28B 2.31% - 6.96% 5.64% 10.01%
6 UNH UnitedHealth Group Incorporated SPXR3KPHARMA 400.84 25.74 $359.79B 2.47% 9.74% 14.15% 10.40% 5.43%
7 NVS Novartis AG PHARMA 137.70 20.80 $261.73B 3.36% 21.09% 30.35% 9.25% 26.22%
8 AZN AstraZeneca PLC NDXPHARMA 160.04 23.99 $248.20B 2.00% 15.97% 21.96% 9.82% 45.96%
9 TMO Thermo Fisher Scientific Inc. SPXR3KPHARMA 603.02 32.49 $222.97B 0.29% 8.14% 13.51% 8.81% 12.95%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue --73.21M80.59M83.91M-102.70M109.64M111.81M-128.44M134.20M139.50M-137.33M105.11M151.08M-169.20M184.26M190.12M-203.90M208.34M213.68M-241.40M261.50M270.95M-278.65M299.40M301.04M-324.14M339.45M354.69M385.38M374.76M390.05M
Cost of Revenue -----------------------------------115.44M114.27M123.26M121.35M125.10M
Gross Profit 42.87M46.58M47.71M50.93M54.78M63.73M66.56M72.25M75.01M78.71M83.91M93.93M96.00M98.13M88.01M64.93M90.92M94.31M111.34M118.69M119.91M125.45M127.42M134.03M135.33M138.43M151.07M166.86M177.72M186.99M181.14M162.83M200.31M-215.88M224.01M240.42M262.13M253.41M264.94M
Operating Expenses -----------------------------------183.18M191.58M202.90M215.18M223.91M
Operating Income -1.36M--2.05M-1.33M683.00K-4.04M9.28M-20.85M-11.15M12.80M12.98M-610.00K-17.65M-20.16M-13.46M10.31M8.78M--4.05M-139.00K5.43M-8.01M17.89M12.62M-12.10M-80.96M35.36M-40.35M40.83M48.84M59.23M38.23M41.04M
EBITDA -----------------------------------51.14M55.15M68.43M46.58M52.11M
Interest Expense -----------------------------------319.00K338.00K333.00K317.00K311.00K
Pretax Income -----------------------------------45.31M52.33M63.63M41.69M46.19M
Tax Provision -----------------------------------40.00K6.47M16.29M9.10M11.38M
Net Income 11.91M-2.40M-3.11M-1.56M238.00K9.08M5.49M13.38M-18.93M6.66M10.70M16.59M11.48M9.69M1.43M-11.96M-8.81M3.65M11.84M9.23M8.85M-24.63M79.00K-3.69M-2.27M3.88M8.56M18.96M9.21M54.22M11.00M-60.20M29.53M-39.22M45.27M45.85M47.34M32.58M34.81M
Diluted EPS 0.35-0.08-0.10-0.050.010.250.150.37-0.550.180.300.460.320.270.04-0.34-0.240.100.320.250.24-0.660.00-0.10-0.060.100.220.480.231.380.28-1.550.75-1.001.151.171.200.820.88
R&D Expense 6.50M-7.03M8.09M8.13M-8.01M8.19M9.09M-11.67M13.46M13.73M-12.95M22.73M34.92M-18.08M17.74M16.73M-20.56M19.56M21.32M-19.99M21.54M------------

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 88.85M125.51M186.09M263.32M333.76M444.94M547.40M560.41M-847.13M1.06B1.19B1.40B
Cost of Revenue ---------311.93M375.88M439.62M461.23M
Gross Profit 57.88M82.84M124.06M170.83M217.14M292.53M371.96M338.18M-535.21M682.64M755.00M942.44M
Operating Expenses ---------529.12M590.88M668.77M753.19M
Operating Income -1.13M3.01M4.18M-1.35M1.17M-852.00K47.51M-38.94M-6.08M91.77M86.22M189.25M
EBITDA ---------29.96M108.65M45.99M223.91M
Interest Expense ---------1.75M1.74M1.42M1.31M
Pretax Income ---------3.89M79.65M20.87M205.12M
Tax Provision ---------5.89M-11.30M6.86M27.44M
Net Income 4.10M2.25M2.37M14.81M4.66M6.60M48.46M-15.70M--2.00M90.95M14.01M177.69M
Diluted EPS 0.14-0.180.080.440.130.181.34-0.44--0.052.320.364.52
R&D Expense 14.08M15.57M18.03M23.88M31.66M36.16M-------

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2012Dec 2013Dec 2014Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Dec 2017Dec 2018Jan 2019Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --121.38M263.85M275.12M283.94M306.49M308.25M476.67M515.01M557.86M665.90M822.98M-1.37B1.56B1.53B1.83B
Current Assets --------------755.70M915.40M951.12M1.22B
Cash & Equivalents 7.43M4.13M3.29M19.55M---13.24M50.64M67.85M-72.78M69.67M-69.86M167.49M324.40M186.90M
Inventory --------------334.01M388.02M406.74M431.55M
Receivables --------------203.38M201.77M167.67M190.02M
Total Liabilities --22.28M31.33M37.07M36.39M42.88M41.71M76.26M92.59M135.44M180.29M185.19M-372.03M377.36M382.25M398.92M
Current Liabilities --20.82M28.15M---35.80M51.58M66.06M69.54M91.05M105.93M-144.93M151.14M158.34M183.13M
Long Term Debt ------------------
Total Debt --------------235.77M234.34M223.39M219.70M
Total Equity -12.75M-8.06M-12.37M232.52M238.05M247.56M263.60M266.55M400.41M422.24M-485.89M641.50M-998.86M1.18B1.15B1.43B
Shares Outstanding --------------38.11M38.68M38.49M39.23M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -3.40M-6.39M-20.69M-12.81M12.69M28.81M26.65M-33.24M--55.66M97.33M168.48M238.66M
Investing Cash Flow -1.25M-37.00M-85.82M687.00K-77.65M-385.00K-12.71M-104.15M-54.79M-16.08M77.62M-404.59M
Financing Cash Flow 2.18M42.90M122.83M7.13M104.36M-9.81M-8.96M134.92M-11.62M16.20M-87.01M26.53M
Capital Expenditure -798.00K-3.89M-5.47M-13.63M-12.53M-9.60M-22.11M-24.76M--19.30M-15.21M-21.18M-63.73M
Free Cash Flow -4.19M-10.28M-26.16M-26.44M159.00K19.20M4.54M-58.00M--74.96M82.12M147.30M174.93M
Net Change in Cash ---------10.75M97.46M159.10M-139.40M
Share Buybacks ---------00100.39M0

Ratios (Annual)

Figures in %.

Metric Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % 65.1%66.0%66.7%64.9%65.1%65.7%68.0%60.3%-63.2%64.5%63.2%67.1%
Operating Margin % -1.3%2.4%2.2%-0.5%0.3%-0.2%8.7%-6.9%-0.7%8.7%7.2%13.5%
Net Margin % 4.6%1.8%1.3%5.6%1.4%1.5%8.9%-2.8%--0.2%8.6%1.2%12.7%
ROE % -50.8%-18.1%1.0%5.6%1.2%1.6%10.0%-2.4%--0.2%7.7%1.2%12.4%
ROCE % -3.0%1.8%-0.5%0.3%-0.2%8.3%-5.4%-0.5%6.5%6.3%11.5%

Shareholding Pattern

Insiders
2.90%
Institutions
88.36%
Public Float
91.00%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 10.91% 4.30M $1.36B
2 HBK Investments L P 4.67% 1.84M $583.91M
3 Vanguard Capital Management LLC 4.34% 1.71M $543.06M
4 Vanguard Portfolio Management LLC 4.23% 1.67M $529.53M
5 State Street Corporation 3.16% 1.24M $394.86M
6 ExodusPoint Capital Management, LP 2.77% 1.09M $346.32M
7 Balyasny Asset Management LP 2.77% 1.09M $346.24M
8 JPMORGAN CHASE & CO 2.72% 1.07M $340.29M
9 Goldman Sachs Group Inc 2.15% 847.10K $269.04M
10 Arrowstreet Capital, Limited Partnership 2.12% 834.90K $265.17M

Analyst View

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Latest News

Recent headlines for PEN

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PEN — Frequently Asked Questions

What is the current share price of Penumbra, Inc. (PEN)?

As of 2026-09-19 21:16 PDT, Penumbra, Inc. (PEN) trades at $319.26 on NYSE. Its 52-week range is $225.54 to $359.40.

What is the market capitalisation of PEN?

Penumbra, Inc. (PEN) has a market capitalisation of $12.58B on NYSE.

What is the P/E ratio of PEN?

PEN trades at a trailing price-to-earnings (P/E) ratio of 78.25. The industry average P/E is 24.83. Its price-to-book (P/B) ratio is 8.17.

What is the return on equity (ROE) of PEN?

PEN has a return on equity (ROE) of 11.37%. Its return on capital employed (ROCE) is 11.52%.

Is PEN a good stock to buy?

This page provides a data-driven analysis of Penumbra, Inc. (PEN), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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