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Establishment Labs ESTA Return on invested capital

Return on invested capital at other companies

Johnson & Johnson logo
Johnson & JohnsonJNJ
20.6%+0.3pp
AbbVie logo
AbbVieABBV
17.1%
Globus Medical logo
Globus MedicalGMED
11.9%+5.0pp
Solventum logo
SolventumSOLV
17.1%+9.7pp
Medtronic logo
MedtronicMDT
6.7%+0.1pp
Novanta logo
NovantaNOVT
5.9%-2.3pp

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
FCF margin-18.1%-6.6pp

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 return on invested capital?
Establishment Labs (ESTA) reported return on invested capital of -14.5% in Q1 2026.
How has Establishment Labs's return on invested capital changed year-over-year?
Establishment Labs's return on invested capital increased by 53.2% year-over-year, from -31% to -14.5%.
What is the long-term trend for Establishment Labs's return on invested capital?
Over 5 years (2020 to 2025), Establishment Labs's return on invested capital has grown at a -19.5% compound annual growth rate (CAGR), from -59.6% to -20.1%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.