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Penumbra PEN Free cash flow yield

Free cash flow yield at other companies

Johnson & Johnson logo
Johnson & JohnsonJNJ
3%-2.1pp
Stryker logo
StrykerSYK
3.6%+1.1pp
Medtronic logo
MedtronicMDT
5.2%+0.4pp
Boston Scientific logo
Boston ScientificBSX
3.7%+1.7pp

Other financials

Income statement

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Revenue$374.8M+15.6%
Gross profit$253.4M+17.4%
Operating income$38.2M-5.2%
Net income$32.6M-16.9%
EPS (diluted)$0.82-18.0%

Balance sheet

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Cash & equivalents$241.3M-35.8%
Total debt$216.2M-2.0%
Total equity$1.5B+21.5%
Total assets$1.9B+19.2%

Cash flow

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Operating cash flow$87.0M+77.6%
CapEx$13.7M+1.5%
Free cash flow$73.3M+106%

Valuation

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Market cap$12.48B+25.1%
Enterprise value$12.45B+26.8%
P/E72.9×-163×
P/S8.6×+0.5×

Profitability

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Gross margin67.4%+3.7pp
Operating margin12.9%+9.8pp
Net margin11.8%+8.4pp
FCF margin14.6%+2.5pp

Returns & leverage

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Return on equity12.7%+9.2pp
Debt / equity0.1×0.0×
Current ratio-0.3×

Where this comes from

Calculated from Penumbra’s reported figures.

Based on trailing twelve months.

The official record: Penumbra’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Penumbra's free cash flow yield?
Penumbra (PEN) reported free cash flow yield of 1.7% in Q1 2026.
How has Penumbra's free cash flow yield changed year-over-year?
Penumbra's free cash flow yield increased by 13.1% year-over-year, from 1.5% to 1.7%.
What is the long-term trend for Penumbra's free cash flow yield?
Over 5 years (2020 to 2025), Penumbra's free cash flow yield has grown at a 10.1% compound annual growth rate (CAGR), from -0.9% to 1.4%.
What does free cash flow yield mean?
The spendable cash the business throws off each year as a percentage of its market price.
How do you interpret free cash flow yield?
Higher yield can mean better value — you pay less for each dollar of cash generated. A useful sanity check against earnings-based multiples, which non-cash items can distort.
How does free cash flow yield compare across companies?
Comparable across cash-generative companies; less meaningful for firms in heavy-investment phases with temporarily negative FCF.