Masimo Corporation logo MASI - Masimo Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 14
HOLD 9
SELL 0
STRONG
SELL
0
| PRICE TARGET: $187.50 DETAILS
HIGH: $200.00
LOW: $180.00
MEDIAN: $185.00
CONSENSUS: $187.50
UPSIDE: 4.86%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 1999 1998
Revenue
Revenue 1,526.9 2,094.4 2,048.1 2,035.8 1,239.2 1,143.7 937.8 858.3 790.2 712.9 630.1 586.6 547.2 493.2 439.0 405.4 349.1 307.1 256.3 224.3 107.9 69.4 46.7 38.8 6.7 1.7
Cost of Revenue 581.7 1,090 1,044.6 977 430.8 400.7 308.7 283.4 268.2 234.6 220.1 195.9 188.4 167.0 144.9 119.8 100.3 89.5 73.6 61.6 42.7 0 22.4 18.6 6.4 3
Gross Profit 945.2 1,004.4 1,003.5 1,058.8 808.4 743 629.2 574.9 522.0 478.3 410.0 390.8 358.8 326.3 294.1 285.6 248.8 217.6 182.7 162.7 65.2 0 24.3 20.2 0.3 (1.3)
Operating Expenses
R&D Expenses 126.4 222.8 175.2 191.4 137.2 118.7 93.3 81.0 65.2 57.7 56.6 56.6 55.6 47.1 38.4 36 31.7 25.5 23.0 24.9 8.5 0 4.6 4.4 6 3.1
SG&A Expenses 506 743.8 664 657.4 395.4 369 314.7 285.4 273.0 254.7 252.7 241.0 215.5 193.9 169.2 174.1 134.9 120.8 91.2 91.5 43.1 0 21.9 14.6 7.8 3.9
Other Expenses 0 304.5 27.8 0 0 (0.5) 0 0.4 0 (270) (19.6) (10.3) 8.0 0 0 (30.7) 82.2 71.3 68.5 46.3 13.5 69.4 (2.2) 1.2 0 0
Operating Expenses 632.4 1,271.1 867 848.8 532.6 487.2 408.0 366.8 338.2 42.4 289.7 287.3 279.1 241.0 207.6 179.4 248.8 217.6 182.7 162.7 65.2 69.4 24.3 20.2 13.8 7
Operating Income
Operating Income 312.8 (266.7) 136.5 210 275.8 255.8 221.2 208.0 183.8 435.9 120.2 103.5 79.7 85.2 86.5 106.2 82.2 71.3 66.9 308.9 11.8 69.4 (6.5) 0.1 (12.9) (7.5)
Interest Expense 33.2 43.6 50.3 25.7 0.3 0.3 0.3 0.7 0.7 0 0 0 17.4 1.1 0.3 0 0.1 0.2 0 0 9.0 0 0.4 0.3 0.3 0.4
Interest Income 3.4 4.8 3 1.8 0.9 5.5 13.9 8.2 3.0 0 0 0 0 0 0 0 0.2 2.3 0 0 0 0 0 0 0 0
Profitability
EBITDA 344.6 (158.7) 236.7 355.2 310.3 293.3 258.0 235.6 206.5 182.8 116.3 106 99.1 94.6 93.9 82.1 88.2 78.9 72.2 312.6 14.8 69.4 (6.5) 0.1 (11.3) (7)
EBIT 305.8 (261.7) 138.4 219.1 274.7 264 234.5 214.5 186.5 165.9 100.6 93.2 87.7 85.2 86.5 75.5 82.2 73.1 66.9 308.9 11.8 69.4 (6.5) 0.1 (12.9) (7.5)
Income Before Tax 272.6 (305.3) 88.1 193.4 274.4 263.7 234.2 213.8 185.8 433.5 116.3 102.0 75.7 83.8 86.5 107.6 82.2 72.4 68.1 314.4 7.4 0 (6.9) (0.2) (13.2) (7.9)
Income Tax Expense 64.9 (0.4) 6.6 49.9 44.8 23.4 38.0 20.2 61.0 122.4 34.8 27.7 20.0 21.9 22.5 34.2 28.2 40.5 25.9 132.6 (26.0) 0 0.0 0.0 0.3 0.4
Net Income (151.5) (304.9) 81.5 143.5 229.6 240.3 196.2 193.5 131.6 300.7 83.3 72.5 58.4 62.3 63.7 73.5 53.2 31.9 42.3 181.8 33.4 (3.8) (6.9) (0.2) (13.5) (8.3)
Per Share Data
EPS (Basic) -2.83 -5.72 1.54 2.68 4.16 4.39 3.67 3.45 2.42 6.28 1.62 1.33 1.03 1.08 1.07 1.25 0.92 0.57 0.71 3.79 0.98 -0.11 -0.20 -0.01 -0.26 -0.16
EPS (Diluted) -2.80 -5.72 1.51 2.60 3.98 4.14 3.44 3.45 2.23 5.85 1.55 1.30 1.02 1.07 1.05 1.21 0.88 0.53 0.60 3.04 0.42 -0.12 -0.21 -0.01 -0.26 -0.16
Shares Outstanding 53.6 53.3 52.8 53.6 55.2 54.7 53.4 56.0 51.5 49.5 51.3 54.7 56.7 57.4 59.7 58.8 57.6 56.3 54.7 16.3 34.1 34.1 34.1 34.1 52.8 52.8
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2003 2002 1999 1998
Current Assets
Cash & Cash Equivalents 152.3 177.6 163 202.9 745.3 641.4 567.7 552.5 315.3 306.0 132.1 146.9 11.1 7.8 14.5 11.6
Short-Term Investments 0 0 0 0 0 0 120 0 0 0 57.0 0 0 0 0 0
Net Receivables 366.6 489.3 421 505.1 244.7 181.4 166.8 120.4 135.3 109.5 50.4 42.1 0 0 1.3 0.3
Inventory 380.3 459.2 545 501 201.4 216.0 115.9 94.7 92.3 72.5 31.6 27.4 0 0 3.6 2
Other Current Assets 26.8 24.4 10.5 6 6.7 10.9 4.8 8.5 2.9 5.1 12.9 11.1 (11.1) (7.8) 0.3 0.5
Total Current Assets 926 1,225.8 1,231.9 1,308.6 1,238.5 1,101.2 996.1 789.3 559.7 507.2 289.4 232.2 0 0 19.7 14.4
Non-Current Assets
Property, Plant & Equipment 355.1 456 483.5 472.1 303.3 306.2 239.1 166.0 164.1 136.0 11.7 13.0 0 0 3.4 2.7
Goodwill 101 96.7 407.7 445.4 100.3 103.2 22.4 23.3 20.6 19.8 0.4 0.4 0 0 0 0
Intangible Assets 52.1 558.2 652.3 722.6 72.5 73.9 27.3 27.9 27.1 29.4 9.8 7.4 0 0 0.9 0.8
Long-Term Investments 71.3 8.6 9.9 13.8 13.8 8.0 6.5 1.2 1.2 0.2 0 0 0 0 0 0
Other Non-Current Assets 79.2 136.8 149 145.6 105.6 80.7 69.0 125.9 112.7 89.0 33.5 31.5 0 0 0.2 0
Total Non-Current Assets 772.9 1,399.9 1,809.6 1,902 648.1 611.4 400.1 365.5 345.7 313.3 67.0 61.1 0 0 4.5 3.5
Total Assets 1,698.9 2,625.7 3,041.5 3,210.6 1,887 1,712.6 1,396.1 1,154.8 905.4 820.5 356.3 293.3 40.4 32.6 24.2 17.9
Current Liabilities
Account Payables 103 252.8 251.5 276.8 75.6 64.1 54.5 40.4 33.8 34.3 16.7 15.9 0 0 1.2 0.5
Short-Term Debt 14.4 37.3 34.3 15.1 0 0 0 0 0 0.1 0 0.4 0 0 0 0
Deferred Revenue 73.2 46.8 37.4 36 29.9 29.0 11.8 32.1 32.1 38.2 14.6 17.2 0 0 0 0
Other Current Liabilities 181 93.2 69.3 95.4 75.5 75.7 56.4 51.4 41.9 43.2 0 0 0 0 1.9 1.5
Total Current Liabilities 371.6 617.7 563.8 630 267.7 233.8 172.2 147.6 151.6 220.4 59.4 65.6 0 0 3.1 2
Non-Current Liabilities
Long-Term Debt 518 727.9 871.7 941.6 0 0 0 0 0 0 0 0 0 0 1.6 1
Deferred Tax Liabilities 26.4 100.1 111.7 163.6 5.1 6.2 3.1 3.0 9.9 0.3 0 0 0 0 0 0
Other Non-Current Liabilities 11.8 41.2 57.3 58.1 32.5 36.5 37.1 35.6 41.6 14.2 6.8 7.8 0 0 0.4 0.2
Total Non-Current Liabilities 606.1 956.1 1,112.9 1,241.7 69.1 71.1 56.0 39.2 51.8 39.9 7.2 8.2 0 0 2 1.2
Total Liabilities 977.7 1,573.8 1,676.7 1,871.7 336.8 304.9 228.3 185.8 181.4 260.3 66.7 73.8 155.8 132.8 5.1 3.2
Stockholders' Equity
Common Stock 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0 0 0 0
Retained Earnings 1,339.4 1,490.9 1,795.8 1,714.3 1,570.8 1,341.2 1,100.5 931.1 738.0 589.2 94.1 40.9 0 0 (49.2) (31.9)
Accumulated Other Comprehensive Income (12.5) (108.2) (45.3) 11.5 (5.5) 1.4 (6.7) (6.2) (2.9) (7.0) 0.1 (0.0) 0 0 1.8 2.8
Total Stockholders' Equity 721.2 1,051.9 1,364.8 1,338.9 1,550.2 1,407.6 1,167.9 969.1 724.0 560.2 288.7 219.4 (115.4) (100.2) 19.1 14.7
Total Liabilities & Equity 1,698.9 2,625.7 3,041.5 3,210.6 1,887 1,712.6 1,396.1 1,154.8 905.4 820.5 356.3 293.3 40.4 32.6 24.2 17.9
Debt Metrics
Total Debt 559.3 846.1 970 1,028.8 32.7 34.3 20.5 0 0 0.1 0.2 0.6 0 0 2.4 1.5
Net Debt 407 668.5 807 825.9 (712.6) (607.1) (547.2) (552.5) (315.3) (305.9) (131.8) (146.3) (11.1) (7.8) (12.1) (10.1)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 1999 1998
Operating Activities
Net Income (151.5) (304.9) 81.5 143.5 229.6 240.3 196.2 193.5 131.6 300.7 33.4 (3.8) (13.2) (7.9)
Depreciation & Amortization 38.8 103 98.3 136.1 35.6 29.3 23.5 21.1 20.1 16.8 3.0 2.3 1.6 0.5
Stock-Based Compensation 35.8 41.5 7 47.7 44.7 42.2 39.2 27.4 17.2 12.5 0 0 0 0
Change in Working Capital (89.9) (10.7) (70.9) (261.8) (31.5) (96.4) (32.4) 7.2 (146.0) 80.8 (8.6) 0 (16.6) 4.2
Other Non-Cash Items 372.2 405.7 13.8 3.2 1.3 0.7 1.0 (1.5) 11.2 0.6 1.6 (3.6) 15.4 (4.6)
Operating Cash Flow 217.2 196.4 94.1 29.4 264.6 211.1 221.6 239.5 58.1 416.8 4.5 (5.1) (12.8) (7.8)
Investing Activities
Capital Expenditure (19.4) (51.1) (87.7) (56.3) (34.9) (79.9) (72.5) (22.7) (46.8) (24.4) (6.4) (3.3) (2.1) (1)
Acquisitions 0 0 7.5 (999.7) 0 (116.1) 0 (3.9) 0 (0.8) (2.0) 0 0 0
Purchases of Investments 0 0 0 0 0 0 (280) 0 (1.1) (0.2) 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 120 160 0 0 0 0 0 0 0
Other Investing Activities 294.5 (31.2) (44.7) (5.2) (12) (14.2) (9.3) 0.5 (4.2) (0.8) 0.1 (0.5) 0.1 0
Investing Cash Flow 275.1 (51.2) (81.2) (1,057.7) (37.5) (82.8) (197.7) (26.2) (47.9) (25.1) (8.3) (3.8) (2) (1)
Financing Activities
Net Debt Issuance (207.8) (139) (51.2) 948.5 0 0 0 0 0 (185) 5.1 9.4 0 0
Stock Repurchased (363.7) 0 0 (401.5) (128.9) (110.5) (37.6) (18.5) (66.3) (68.2) 0 0.1 16.8 3.1
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (20.6) (11.8) (12.9) (34.7) (16.7) (2.2) (0.1) (0.5) (0.1) (0.7) 0 0.0 17.7 2.9
Financing Cash Flow (520.7) (125.6) (57.1) 520.4 (122.4) (54.3) (9.3) 25.8 (4.1) (216.6) 6.2 9.5 17.7 2.9
Cash Position
Net Change in Cash 26 13.2 (41.4) (538.8) 103.4 76.9 15.4 237.2 7.3 173.7 2.4 0.7 2.9 (5.9)
Cash at Beginning 126.3 168.2 209.6 748.4 645 568.1 552.6 315.5 308.2 132.3 11.8 552.5 11.6 0
Cash at End 152.3 181.4 168.2 209.6 748.4 645 568.1 552.6 315.5 306.0 14.2 553.2 14.5 (5.9)
Free Cash Flow 197.8 145.3 6.4 (26.9) 229.7 131.2 149.2 216.8 11.3 392.5 (1.9) (8.4) (14.9) (8.8)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 1999 1998
Income Statement
Revenue 1,526.9 2,094.4 2,048.1 2,035.8 1,239.2 1,143.7 937.8 858.3 790.2 712.9 630.1 586.6 547.2 493.2 439.0 405.4 349.1 307.1 256.3 224.3 107.9 69.4 46.7 38.8 6.7 1.7
Gross Profit 945.2 1,004.4 1,003.5 1,058.8 808.4 743 629.2 574.9 522.0 478.3 410.0 390.8 358.8 326.3 294.1 285.6 248.8 217.6 182.7 162.7 65.2 0 24.3 20.2 0.3 (1.3)
Operating Income 312.8 (266.7) 136.5 210 275.8 255.8 221.2 208.0 183.8 435.9 120.2 103.5 79.7 85.2 86.5 106.2 82.2 71.3 66.9 308.9 11.8 69.4 (6.5) 0.1 (12.9) (7.5)
Net Income (151.5) (304.9) 81.5 143.5 229.6 240.3 196.2 193.5 131.6 300.7 83.3 72.5 58.4 62.3 63.7 73.5 53.2 31.9 42.3 181.8 33.4 (3.8) (6.9) (0.2) (13.5) (8.3)
EPS (Diluted) -2.80 -5.72 1.51 2.60 3.98 4.14 3.44 3.45 2.23 5.85 1.55 1.30 1.02 1.07 1.05 1.21 0.88 0.53 0.60 3.04 0.42 -0.12 -0.21 -0.01 -0.26 -0.16
Balance Sheet
Cash & Equivalents 152.3 177.6 163 202.9 745.3 641.4 567.7 552.5 315.3 306.0 132.1 146.9 11.1 7.8 14.5 11.6
Total Assets 1,698.9 2,625.7 3,041.5 3,210.6 1,887 1,712.6 1,396.1 1,154.8 905.4 820.5 356.3 293.3 40.4 32.6 24.2 17.9
Total Debt 559.3 846.1 970 1,028.8 32.7 34.3 20.5 0 0 0.1 0.2 0.6 0 0 2.4 1.5
Stockholders' Equity 721.2 1,051.9 1,364.8 1,338.9 1,550.2 1,407.6 1,167.9 969.1 724.0 560.2 288.7 219.4 (115.4) (100.2) 19.1 14.7
Cash Flow
Operating Cash Flow 217.2 196.4 94.1 29.4 264.6 211.1 221.6 239.5 58.1 416.8 4.5 (5.1) (12.8) (7.8)
Capital Expenditure (19.4) (51.1) (87.7) (56.3) (34.9) (79.9) (72.5) (22.7) (46.8) (24.4) (6.4) (3.3) (2.1) (1)
Free Cash Flow 197.8 145.3 6.4 (26.9) 229.7 131.2 149.2 216.8 11.3 392.5 (1.9) (8.4) (14.9) (8.8)