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Vericel VCEL Ratios & Valuation

Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Profitability
Gross margin74.6%+1.1pp74.8%+2.3pp74.4%+1.9pp73.8%+2.3pp73.5%+3.1pp
Operating margin6%+5.5pp5.4%+6.6pp4%+2.1pp2.7%0.5%
Net margin7.9%+5.1pp7.3%+6.1pp6%+1.6pp5.1%2.9%
Returns
Return on equity7.2%+4.6pp6.6%+5.5pp5.1%+1.1pp4.5%2.6%
Return on invested capital5.5%+5.1pp4.8%+5.8pp3.2%+1.5pp2.3%0.4%
Efficiency
Asset turnover0.7×0.0×0.6×0.0×0.6×0.0×0.6×0.0×0.6×0.0×
Liquidity
Current ratio+0.1×5.2×+0.2×+0.8×4.9×+0.3×+0.5×
Leverage
Debt-to-equity0.3×-0.1×0.3×-0.1×0.3×-0.1×0.3×-0.1×0.3×-0.1×
Net debt / EBITDA-1×-3.1×-0.5×-5.5×-0.1×-1.6×-0.1×2.1×
Per Share
Book value per share$7.07+16.1%$7.02+18.5%$6.80+20.4%$6.20+18.2%$6.09+22.1%
Valuation
Market capitalization$2.31B+29.1%$1.64B-26.8%$1.82B-32.8%$1.59B-23.3%$2.18B-2.2%
Price / earnings95.3×-156×76.3×-675×110.3×-151×121.4×307×
Price / sales7.5×+0.4×5.6×-3.8×6.6×-4.8×6.1×-3.0×8.8×-1.6×
Price / book6.2×+0.4×4.6×-3.0×5.1×-4.1×4.9×-3.1×7.1×-2.1×
EV / EBITDA73.1×-117×58.2×-506×80.5×-191×93.1×231.6×

FAQ

What are Vericel's profit margins?
Vericel (VCEL) runs a 74.6% gross margin and a 6.0% operating margin, with a 7.9% net margin.
Where do Vericel's ratios come from?
Every ratio is computed from Vericel's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.