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LeMaitre Vascular

LMAT

LeMaitre is a global medical technology company specializing in the development, manufacturing, and marketing of devices and human tissue cryopreservation services for the treatment of peripheral vascular, end-stage renal, and cardiovascular diseases.

Market cap
$2.26B+22.1%
Revenue$256.3M+13.3%
Net income$62.4M+38.2%
Free cash flow$79.1M+92.4%
EPS (diluted)$2.71+37.6%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 4, 2026 (In 6 days)
Revenue estimate$71.5M
EPS estimate$0.81

Financials

Q1 2026

Income statement

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Revenue$66.6M+11.2%
Gross profit$48.4M+16.8%
Operating income$17.8M+40.8%
Net income$15.7M+42.4%
EPS (diluted)$0.68+41.7%

Balance sheet

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Cash & equivalents$26.9M+6.0%
Total debt$20.9M+20.6%
Total equity$406.6M+17.0%
Total assets$629.5M+13.2%

Cash flow

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Operating cash flow$15.1M+67.0%
CapEx$2.8M+101%
Free cash flow$12.3M+60.8%

Valuation & ratios

Valuation

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Market cap$2.26B+22.1%
Enterprise value$2.25B+21.6%
P/E36.2×-3.3×
P/S8.8×+0.9×

Profitability

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Gross margin72.4%+3.6pp
Operating margin28.5%+5.1pp
Net margin24.3%+4.4pp
FCF margin30.9%+12.7pp

Returns & leverage

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Return on equity16.5%+2.8pp
Debt / equity0.1×0.0×
Current ratio14.3×-2.2×

Competitors

Profile

LeMaitre is a global medical technology company specializing in the development, manufacturing, and marketing of devices and human tissue cryopreservation services for the treatment of peripheral vascular, end-stage renal, and cardiovascular diseases. The company primarily serves vascular surgeons through a niche-focused strategy, targeting low-rivalry market segments with high-quality, branded products. Its business model emphasizes a direct sales force and a robust acquisition strategy to expand its portfolio of surgical tools and biologic implants.

Competitive position

LeMaitre maintains a leading position in niche, low-rivalry vascular surgery segments by focusing on specialized tools for open surgical procedures rather than high-competition endovascular markets.

GeographiesUnited States, Europe, Canada, Asia Pacific
Customer segmentsVascular Surgeons, Cardiac Surgeons, Hospitals, Specialty Clinics
Business modelManufacturing, Direct-to-Hospital Sales, Service-based (Cryopreservation)
SuppliersTissue Procurement Organizations, Raw Material Suppliers (Polyester, ePTFE, Latex), Sterilization Service Providers, Contract Manufacturers (Andramed GmbH)
CustomersHospitals, Surgical Centers, Independent Medical Distributors
Listed2006
Employees630.0
CEOGeorge W. LeMaitre
FilingsSEC EDGAR

Questions, answered.

What is LeMaitre Vascular's market cap?
LeMaitre Vascular (LMAT) has a market capitalization of $2.3B and trades on NASDAQ.
What is LeMaitre Vascular's revenue and profitability?
LeMaitre Vascular generated $256.3M in trailing twelve-month revenue with net income of $62.4M, representing a net margin of 24.3%. Gross margin stands at 72.4%, with free cash flow of $79.1M. These figures are based on the Q1 2026 filing.
Who are LeMaitre Vascular's competitors?
LeMaitre Vascular's key competitors include Artivion, Medtronic, Merit Medical Systems Inc, and others. These companies compete in similar markets and product categories.
Who does LeMaitre Vascular partner with?
LeMaitre Vascular's notable partners include Elutia Inc., Andramed GmbH, Emergo Group.
What subsidiaries does LeMaitre Vascular have?
LeMaitre Vascular's subsidiaries include RestoreFlow, Artegraft.
Where is LeMaitre Vascular headquartered?
LeMaitre Vascular is headquartered in United States of America and employs approximately 630 people. It has been publicly traded since 2006.