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Establishment Labs ESTA Free cash flow margin

Free cash flow margin at other companies

Johnson & Johnson logo
Johnson & JohnsonJNJ
18.5%-4.3pp
AbbVie logo
AbbVieABBV
31.8%+5.0pp
Globus Medical logo
Globus MedicalGMED
19.7%-1.1pp
Solventum logo
SolventumSOLV
4.6%-13.9pp
Envista Holdings Corporation logo
Envista Holdings CorporationNVST
7.8%-2.9pp
Stryker logo
StrykerSYK
18.1%+2.7pp

Other financials

Income statement

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Revenue$59.9M+44.7%
Gross profit$42.3M+52.2%
Operating income-$6.5M+61.6%
Net income-$13.4M+35.4%
EPS (diluted)-$0.45+35.7%

Balance sheet

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Cash & equivalents$68.1M-1.6%
Total debt$252.7M+12.0%
Total equity$14.8M-61.7%
Total assets$351.0M+5.3%

Cash flow

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Operating cash flow-$4.3M+79.2%
CapEx$1.9M+146%
Free cash flow-$6.2M+71.3%

Valuation

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Market cap$2.56B+41.4%
Enterprise value$2.75B+38.7%
P/S11.2×+0.5×

Profitability

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Gross margin70.1%+3.7pp
Operating margin-12.4%-4.8pp
Net margin-19.1%-7.4pp

Returns & leverage

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Return on equity-164%-17.8pp
Debt / equity17.1×+11.2×
Current ratio-0.4×

Where this comes from

Calculated from Establishment Labs’s reported figures.

Based on trailing twelve months.

The official record: Establishment Labs’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Establishment Labs's free cash flow margin?
Establishment Labs (ESTA) reported free cash flow margin of -18.1% in Q1 2026.
How has Establishment Labs's free cash flow margin changed year-over-year?
Establishment Labs's free cash flow margin increased by 56.9% year-over-year, from -42.1% to -18.1%.
What is the long-term trend for Establishment Labs's free cash flow margin?
Over 4 years (2021 to 2025), Establishment Labs's free cash flow margin has grown at a 3.3% compound annual growth rate (CAGR), from -23.6% to -27%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.