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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%
Returns
Return on equity6.6%5.1%4.5%
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×
Liquidity
Current ratio5.2×+0.2×+0.8×4.9×+0.3×+0.5×-0.2×
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-0.5×-0.1×-0.1×
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%
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×

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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.