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Vericel VCEL Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin74.8%+2.3pp74.4%+1.9pp73.8%+2.3pp73.5%+3.1pp72.5%+3.0pp
Operating margin5.4%4%2.7%
Net margin7.3%6%5.1%
EBITDA margin9.6%8.2%6.6%
Returns
Return on equity6.6%5.1%4.5%
Return on assets4.7%3.6%3.1%
Return on invested capital4.8%3.2%2.3%
Efficiency
Asset turnover0.6×0.0×0.6×0.0×0.6×0.0×0.6×0.0×0.6×-0.1×
Inventory turnover4.1×-0.1×-0.2×-0.6×4.2×-0.2×4.3×-0.1×
Liquidity
Current ratio5.2×+0.2×+0.8×4.9×+0.3×+0.5×-0.2×
Quick ratio4.8×+0.2×4.7×+0.8×4.5×+0.2×4.6×+0.4×4.6×-0.3×
Cash ratio2.3×+0.3×+0.3×2.2×+0.5×+0.2×+0.1×
Leverage
Debt-to-equity0.3×-0.1×0.3×-0.1×0.3×-0.1×0.3×-0.1×0.3×-0.1×
Debt-to-assets0.2×0.0×0.2×0.0×0.2×0.0×0.2×0.0×0.2×0.0×
Net debt / EBITDA-0.5×-0.1×-0.1×
Interest coverage24.8×17.5×11.4×
Per Share
Book value per share$7.02+18.5%$6.80+20.4%$6.20+18.2%$6.09+22.1%$5.92+21.9%
Valuation
Market capitalization$1.64B-26.8%$1.82B-32.8%$1.59B-23.3%$2.18B-2.2%$2.24B-11.1%
Enterprise value$1.62B-28.0%$1.82B-33.3%$1.59B-24.4%$2.2B-2.1%$2.26B-11.1%
Price / earnings76.3×110.3×121.4×
Price / sales5.6×-3.8×6.6×-4.8×6.1×-3.0×8.8×-1.6×9.4×-2.7×
Price / book4.6×-3.0×5.1×-4.1×4.9×-3.1×7.1×-2.1×7.6×-3.2×
EV / EBITDA58.2×80.5×93.1×
EV / sales5.6×-3.9×6.6×-4.9×6.1×-3.1×8.8×-1.6×9.5×-2.8×
Earnings yield1.3%0.9%0.8%

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Questions, answered.

What are Vericel's profit margins?
Vericel (VCEL) runs a 74.8% gross margin and a 5.4% operating margin, with a 7.3% 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.