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Smith & Nephew plc (SNN) Stock: Price, Forecast & Analyst Target

Smith & Nephew plc (SNN) — MoonshotScore 87/100 (Exceptional band), calculated Oct 5, 2026. Price $26.97 (+2.08%), as of the Oct 5, 2026 trading session; market cap $11.3B. Expected results Feb 23, 2027.

Educational signal · not a buy or sell recommendation · How to read this

Market value / cash and short-term investments: 14.99× (market value Oct 5, 2026; cash Jun 27, 2026) · expected results Feb 23, 2027

$26.97 +$0.55 (+2.08%) Market Cap $11.3B

Smith & Nephew plc · SNN · NYSE · Healthcare · Medical - Devices

Research dated 2026-09-13: Smith & Nephew supplies healthcare providers with joint implants, trauma systems, arthroscopy equipment, ear, nose and throat solutions, and advanced wound products; it is a procedural medical-device platform, not merely a maker of replacement joints. Product launches must now offset competitive pressure in the United States while higher profit becomes dependable cash generation.

Price as of Oct 5, 2026

Key Statistics

87 of 100

MoonshotScore v2 · Smith & Nephew (SNN)

Exceptional
Business Quality Elite (92)
Financial Safety Okay (54)
Valuation Fair (78)
Growth Durability Compounding (91)
Momentum Quiet (45)
Why this rating? Method, drivers & history

Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.

  • Business Quality — Is this a genuinely good business?
  • Financial Safety — Could this blow up on me?
  • Valuation — Am I paying a fair price?
  • Growth Durability — Is the growth real and likely to last?
  • Momentum — Is the market already moving on this?
The ten-second read ·

Elite quality and elite growth, at a cheap price, though the balance sheet is only middling. Business Quality: Elite; Financial Safety: Okay; Valuation: Fair; Growth Durability: Compounding; Momentum: Quiet.

  • quarterly revenue $3.10B (Q2 FY2026, quarter ended Jun 27, 2026)
  • EPS beat 4 of 8
  • Altman Z 3.76 · Piotroski F 8

Helping: business quality, an attractive price, durable growth

What has the MoonshotScore done over time?

MoonshotScore snapshots recorded for SNN (30 recorded, newest six shown)
RecordedScoreBand
86Exceptional
86Exceptional
86Exceptional
87Exceptional
87Exceptional
87Exceptional

The score was 87 in the stored Oct 4, 2026 snapshot and remains 87 in the current publication computed Oct 5, 2026 (0); the largest pillar moves were Momentum -1; the pillar moves offset under the sector-relative weighting, so the headline score is unchanged.

Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.

Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →

Price & valuation

Dates shown where recorded
MeasureValueAs of
Latest provided price$26.97
Change on the day+2.08%
52-week range$26.12 – $37.51
Market capitalisation$11.3B
Price / earnings (trailing)17.54
Shares traded on the day1.4M
Beta (volatility vs the S&P 500)0.69
Dividends per share (last 12 months)$0.79
Dividend yield (last 12 months)3.01%

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Sep 5, 2025 to Oct 5, 2026: low $26, high $38, latest $27. 2 reported quarters marked, 2 above and 0 below the recorded estimate. 1 other dated event marked. $38 $26 high $38 Mar 2, 2026 · Earnings results · reported above the recorded estimate · close $371Aug 4, 2026 · Earnings call · management outlook · no recorded estimate to compare · close $302Aug 4, 2026 · Earnings results · reported above the recorded estimate · close $303 Sep 5, 2025 Oct 5, 2026 · $27 $38Sep 5, 2025$37Sep 19, 2025$36Oct 3, 2025$36Oct 17, 2025$37Oct 31, 2025$33Nov 14, 2025$33Nov 28, 2025$33Dec 12, 2025$33Dec 26, 2025$34Jan 9, 2026$33Jan 23, 2026$35Feb 6, 2026$36Feb 20, 2026$34Mar 6, 2026$32Mar 20, 2026$32Apr 2, 2026$34Apr 17, 2026$31May 1, 2026$30May 15, 2026$30May 29, 2026$31Jun 12, 2026$30Jun 26, 2026$31Jul 10, 2026$31Jul 24, 2026$30Aug 7, 2026$29Aug 21, 2026$29Sep 4, 2026$28Sep 18, 2026$26Oct 2, 2026

Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.

Events behind the price

  • · Earnings results · above the recorded estimate
  • · Earnings call · management outlook
  • · Earnings results · above the recorded estimate

Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.

Upcoming events

As of

Dated events ahead, in order, not to scaleNov 6, 2026, Dividend payment date; Feb 23, 2027, Next results due. Spacing is order only and carries no duration.Oct 5, 20261Nov 6, 20262Feb 23, 2027
  1. Dividend payment dateCompany record
  2. Next results dueProvider estimate

Management outlook

  • Now taking into account revenue performance, we now expect underlying revenue growth of around 4% for 2026.

    Deepak Nath · Statement from

  • We are seeing the impact of competitor launches in the U.S., but we expect growth to strengthen in the second half as we launch EVOS, Pelvic and ramp up TRIGEN MAX.

    John Rogers · Statement from

Chronological order, not a duration scale. Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.

Read management statements

Other perspectives

Council score for Smith & Nephew (SNN): perspectives

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

9-Factor Breakdown

Revenue Growth Neutral
Gross Margin Strong
Operating Leverage Neutral
Cash Runway Strong
R&D Intensity Weak
Insider Activity Moderate
Trading Liquidity Neutral
Price Momentum Moderate
News Sentiment Neutral

Legends Council

6 lenses, 0 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated) Ray Dalio Favorable read
Griffin-style lens (simulated) Ken Griffin Unfavorable read
Simons-style lens (simulated) Jim Simons Favorable read
Englander-style lens (simulated) Izzy Englander Favorable read
Klarman-style lens (simulated) Seth Klarman Neutral read
Moon AI lens (model) Favorable read

Read on: Sep 9, 2026 · older than the 27 hours refresh window; not a current reading

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Moderate
Margin of Safety Undervalued
Profit Margin Neutral
Revenue Growth Neutral
Debt/Equity Weak
ROE Neutral
Gross Margin Strong

Read on: Apr 29, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

On Apr 29, 2026, the Munger lens read the price at that time as undervalued against its own estimate of value.

Readings on this page are from Oct 6, 2026, except a card that shows its own read date.

Watch the SNN film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is Smith & Nephew (SNN), and what does it report?

Short answer · as of

Smith & Nephew plc, together with its subsidiaries, develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally.

Research dated 2026-09-13.

Demand comes from procedures and wound treatment: healthcare providers buy implants and fracture-stabilization systems, instruments and visualization equipment for minimally invasive surgery, and products used across acute, chronic and postoperative wounds.

Reported sales place orthopaedics, sports medicine, and ear, nose and throat products in a combined category, with Advanced Wound Management reported separately. Most revenue comes from the combined category, so consolidated growth primarily reflects surgical devices even though wound care remains a meaningful business.

Sources (as of 2026-09-13): Business description; Revenue by segment; Sector / industry (provider taxonomy)

2 · Latest results

What do the latest results show for Smith & Nephew (SNN)?

Short answer · as of

The most recent reported quarter, Q2 FY2026, carried revenue of $3.10B.

Research dated 2026-09-13.

Annual revenue and net income have advanced across recent reporting periods, and the latest comparable-period figures continued that pattern. Revenue rose, gross profit and operating profit increased, and net income edged higher, although revenue was below the immediately preceding period. Reported earnings have also cleared estimates lately after earlier misses.

Management attributes current pressure in the United States to competitor launches and expects EVOS, Pelvic, and TRIGEN MAX to strengthen growth as their rollouts progress. That is a management expectation rather than an explanation already established by the reported results.

Sources (as of 2026-09-13): Annual revenue and net result (USD millions); Quarterly income statement (USD thousands); Reported versus estimated, last 8 quarters; Management outlook — dated call excerpts

Where is operating spending going?

Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.

Latest quarter · revenue
$3.10B Jun 27, 2026
Latest quarter · R&D
$150.00M Jun 27, 2026
Latest quarter · SG&A
$1.60B Jun 27, 2026
Latest quarter · FMP standardized operating result
$448.00M Jun 27, 2026
Where is operating spending going? — FMP standardized evidence
Period endRevenueR&DSG&AFMP standardized operating result
Jun 27, 2026$3.10B$150.00M$1.60B$448.00M
Dec 31, 2025$3.20B$203.00M$1.52B$365.00M
Jun 30, 2025$2.96B$143.00M$1.52B$429.00M
Dec 31, 2024$2.98B$206.00M$1.40B$329.00M

USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.

Did results meet expectations?

Reported earnings and revenue alongside the estimates recorded by the provider.

Latest report · revenue
$3.10B Aug 4, 2026
Latest report · revenue estimate
$1.64B Aug 4, 2026
Latest report · revenue vs estimate
Above estimate Aug 4, 2026
Latest report · EPS vs estimate
Above estimate Aug 4, 2026
Did results meet expectations? — reported evidence
Report dateRevenue · reportedRevenue · estimateEPS · reportedEPS · estimate
Aug 4, 2026$3.10B$1.64B$0.9460$0.9390
Mar 2, 2026$3.20B$2.77B$1.1800$1.1600
Aug 5, 2025$2.96B$1.53B$0.8580$0.7900
Feb 25, 2025$2.98B$2.96B$0.9380$0.9200

Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter
PeriodRevenueNet incomeEPS
Q2 FY2026$3.10B$303M$0.70 (diluted)
Q4 FY2025$3.20B$332M$0.76 (diluted)
Q2 FY2025$2.96B$293M$0.68 (diluted)
Q4 FY2024$2.98B$198M$0.46 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for Smith & Nephew (SNN)?

Short answer

Cash and short-term investments were $754.00M at the Jun 27, 2026 balance-sheet date. Operating cash flow was $450.00M for the quarter ended Jun 27, 2026, meaning operations generated cash. These figures do not establish a cash runway.

Research dated 2026-09-13.

Operating cash flow has stayed positive throughout the displayed series, and recent generation remained above capital spending. Cash and short-term investments have also recovered to the highest point in that series, while liquidity ratios and quality screens indicate a sound near-term financial footing.

Debt still substantially exceeds cash and investments, leaving Smith & Nephew dependent on continued cash conversion rather than balance-sheet cash alone. Competitive pressure that slows surgical-device growth, or weaker working-capital performance while restructuring costs rise, would reduce the cash available for debt service and distributions.

Sources (as of 2026-09-13): Operating cash flow by quarter (USD millions); Cash, investments and debt; Cash and investment components; Cash and short-term investments over time (USD millions); Cash against market value; Trailing twelve-month ratio set; Distress and quality screens; Management outlook — dated call excerpts

How much cash does the business generate or use?

Quarterly operating cash flow shows cash generated or used by operations.

Latest quarter · operating cash flow
$450.00M Jun 27, 2026
Previous quarter · operating cash flow
$889.00M Dec 31, 2025
How much cash does the business generate or use? — reported evidence
Period endOperating cash flowCapital expenditure (reported)
Jun 27, 2026$450.00M−$190.00M
Dec 31, 2025$889.00M−$294.00M
Jun 30, 2025$396.00M−$139.00M
Dec 31, 2024$749.00M−$209.00M

Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.

USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.

4 · What to check next?

What should you watch next at Smith & Nephew (SNN)?

Short answer · as of

The next earnings report is expected on Feb 23, 2027.

Research dated 2026-09-13.

The scheduled earnings update needs to pair continued revenue expansion with evidence that EVOS, Pelvic, and TRIGEN MAX are gaining traction against competitor launches in the United States. Consensus estimates assume further sales and earnings growth, raising the importance of execution in the combined surgical-device portfolio.

Cash conversion deserves equal attention. Management expects profit growth and working-capital discipline to support free cash flow despite a temporary increase in restructuring costs; operating cash flow, capital spending, and the cash balance will show whether that bridge is holding. Recent broker downgrades add context to the execution test without determining its outcome.

Sources (as of 2026-09-13): Next earnings report; Analyst revenue and earnings estimates (average); Management outlook — dated call excerpts; Operating cash flow by quarter (USD millions); Cash and short-term investments over time (USD millions); Analyst actions, most recent per firm

What management is planning

Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.

  1. Now taking into account revenue performance, we now expect underlying revenue growth of around 4% for 2026.

    Deepak Nath ·

  2. We are seeing the impact of competitor launches in the U.S., but we expect growth to strengthen in the second half as we launch EVOS, Pelvic and ramp up TRIGEN MAX.

    John Rogers ·

  3. We continue to expect free cash flow in 2026 of around $800 million, driven by profit growth and continued focus on working capital, offset by a modest temporary increase in restructuring costs.

    John Rogers ·

What the records here don't tell us

  • No insider Form 4 transaction falls inside the window this page reads.

Checked against the records this page reads, on the dates shown above.

5 · Peer comparison

How does Smith & Nephew compare with its peers?

Short answer

Smith & Nephew's score ranks tied for 5th of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.

Research dated 2026-09-13.

Compared with a device maker concentrated on joint reconstruction, Smith & Nephew reaches further across the procedure: implants and trauma hardware sit alongside arthroscopy tools, visualization systems, tissue-resection equipment, and ear, nose and throat products. Advanced Wound Management adds exposure to wound dressings, bioactive products, negative-pressure therapy, and hydrosurgery.

That breadth can spread demand across surgical and wound-care settings, but the reporting structure combines several surgical franchises into a large category. Investors therefore see less divisional detail than the product range itself might suggest.

Sources (as of 2026-09-13): Business description; Revenue by segment

Peer set — price, market value and MoonshotScore
CompanyPriceMarket valueScore
Globus Medical, Inc. (GMED) Same industry, near in market value$76.57 Oct 5, 2026$10.4B96 5-pillar Oct 5, 2026
Penumbra, Inc. (PEN) Same industry, near in market value$317.11 Oct 5, 2026$12.5B95 5-pillar Oct 5, 2026
Neurocrine Biosciences, Inc. (NBIX) Named competitor$144.21 Oct 5, 2026$14.5B92 5-pillar Oct 5, 2026
Medpace Holdings, Inc. (MEDP) Named competitor$620.51 Oct 5, 2026$16.7B92 5-pillar Oct 5, 2026
Smith & Nephew (SNN) — this page$26.97$11.3B87
STERIS plc (STE) Same industry, near in market value$211.07 Oct 5, 2026$20.3B87 5-pillar Oct 5, 2026
Align Technology, Inc. (ALGN) Same industry, near in market value$140.65 Oct 5, 2026$9.98B83 5-pillar Oct 5, 2026
Insulet Corporation (PODD) Same industry, near in market value$135.62 Oct 5, 2026$9.09B83 5-pillar Oct 5, 2026
Zimmer Biomet Holdings, Inc. (ZBH) Same industry, near in market value$91.57 Oct 5, 2026$17.7B80 5-pillar Oct 5, 2026
Koninklijke Philips N.V. (PHG) Same industry, near in market value$23.91 Oct 5, 2026$23.4B74 5-pillar Oct 5, 2026
Royalty Pharma plc (RPRX) Named competitor$56.66 Oct 5, 2026$25.3B73 5-pillar Oct 5, 2026
Centene Corporation (CNC) Named competitor$64.30 Oct 5, 2026$31.8B71 5-pillar Oct 5, 2026
Bruker Corporation (BRKR) Same industry, near in market value$63.86 Oct 5, 2026$9.63B59 5-pillar Oct 5, 2026

Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.

Screen more Healthcare stocks

The records behind this page

Analyst targets & estimates

What analysts have on file

Price target, low to high
$30.00 – $33.88
Consensus target
$31.91
Median target
$31.85

Consensus record · Captured .

Measured against a quoted price of $26.97 (as of Oct 5, 2026).

Who holds the shares?

Institutional ownership reported through 13F filings.

Institutional ownership
8.5% Period end Jun 30, 2026
Previous quarter · ownership
7.4% Prior to period end Jun 30, 2026
Reporting holders
295 Period end Jun 30, 2026
Previous quarter · holders
280 Prior to period end Jun 30, 2026
Who holds the shares? — reported evidence
Holders in provider snapshotShares
River Road Asset Management, LLC3,221,876
Goldman Sachs Group INC3,069,598
Brandes Investment Partners, LP2,148,731
Dimensional Fund Advisors LP1,837,261
Lmr Partners Llp1,767,872

Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.

What has been published about Smith & Nephew (SNN)?

Read these with our analysis →

What Investors Ask About Smith & Nephew (SNN) — Healthcare

Research dated 2026-09-13; the answers below are from that research, and the full attribution is under Sources. The last 2 questions are answered from this page's own dated data, not from the research.

What does Smith & Nephew sell beyond hip and knee implants?

The portfolio includes trauma and extremities systems, arthroscopy instruments and visualization equipment, tissue-resection devices, ear, nose and throat solutions, wound dressings, bioactive products, negative-pressure therapy, and hydrosurgery systems.

Sources (as of 2026-09-13): Business description

Why do EVOS, Pelvic, and TRIGEN MAX matter to Smith & Nephew?

Management has tied these launches and product ramps to an expected improvement in United States growth after competitor launches pressured performance. Their commercial progress is therefore a direct test of the stated recovery mechanism.

Sources (as of 2026-09-13): Management outlook — dated call excerpts

How important is Advanced Wound Management to Smith & Nephew?

Advanced Wound Management is a substantial but smaller revenue stream than the combined orthopaedics, sports medicine, and ear, nose and throat category. It broadens the company beyond implants through wound care, bioactives, regenerative products, and treatment devices.

Sources (as of 2026-09-13): Revenue by segment; Business description

Can Smith & Nephew operating cash flow support its dividend and debt load?

Recent operating cash flow has covered capital spending, and distributions have continued, but debt remains well above cash and investments. Ongoing support therefore depends on sustained cash conversion, including the working-capital improvement management expects.

Sources (as of 2026-09-13): Operating cash flow by quarter (USD millions); Cash, investments and debt; Cash against market value; Recent dividends paid; Next scheduled dividend; Management outlook — dated call excerpts

What is the SNN stock price today?

The last price recorded on this page for Smith & Nephew plc (SNN) is $26.97, as of the Oct 5, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

What is the SNN price target?

The analyst consensus price target for Smith & Nephew plc (SNN) is $31.91 (range $30.00 to $33.88, median $31.85), per FMP data captured Oct 5, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Research written by Codex (gpt-5.6-sol) on 2026-09-13. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources (as of 2026-09-13): Legal name; Business description; Annual revenue and net result (USD millions); Operating cash flow by quarter (USD millions); Management outlook — dated call excerpts

Sources — records for every figure on this page (85 figures)

The 85 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 2 facts from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
prod.outlookManagement outlook — call excerptsDeepak Nath (Aug 4, 2026): Now taking into account revenue performance, we now expect underlying revenue growth of around 4% for 2026. John Rogers (Aug 4, 2026): We are seeing the impact of competitor launches in the U.S., but we expect growth to strengthen in the second half as we launch EVOS, Pelvic and ramp up TRIGEN MAX. John Rogers (Aug 4, 2026): We continue to expect free cash flow in 2026 of around $800 million, driven by profit growth and continued focus on working capital, offset by a modest temporary increase in restructuring costs.OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.
id.hqSEC filing business addressBuilding 5, Croxley Park, Hatters Lane, Watford, Hertfordshire, WD18 8YEOFFICIALSEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "Building 5 Croxley Park Hatters Lane, Watford, HRT, WD18 8YE, GB".

FMP — 73 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.nextNext earnings dateFeb 23, 2027FMPFinancial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it.
px.lastLatest provided price$26.97FMPFinancial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-05T18:50:03.000Z.
px.changeChange on the day+2.08%FMPFinancial Modeling Prep (FMP) · quote
px.mcapMarket capitalisation$11.3BFMPFinancial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-05. FMP quote timestamp: 2026-10-05T18:50:03.000Z. Captured from FMP at 2026-10-05T18:50:10.511Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
px.change_absChange on the day, in dollars+$0.55FMPFinancial Modeling Prep (FMP) · quote
fin.q_revenueRevenue, Q2 FY2026$3.10BFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
px.pePrice / earnings (trailing)17.54FMPFinancial Modeling Prep (FMP) · quote
px.volumeShares traded on the day1.4MFMPFinancial Modeling Prep (FMP) · quote
px.betaBeta0.69FMPFinancial Modeling Prep (FMP) company profile
id.business_summaryBusiness description (FMP excerpt)Smith & Nephew plc, together with its subsidiaries, develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally.FMPFinancial Modeling Prep (FMP) company profile — Deterministic excerpt derived from id.description; source and date describe the input fact, not a new provider observation
id.ceoChief executiveDeepak S. NathFMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
id.employeesEmployees18,362FMPFinancial Modeling Prep (FMP) employee count, from the company's filing
fin.annualRevenue and net result by fiscal year5 fiscal years, FY2021 through FY2025: FY2021 revenue $5.21B, net result $524.00M; FY2022 revenue $5.21B, net result $223.00M; FY2023 revenue $5.55B, net result $263.00M; FY2024 revenue $5.81B, net result $412.00M; FY2025 revenue $6.16B, net result $625.00MFMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
fin.rev_mixReported revenue segmentsAdvanced Wound Management $1.79B · Orthopaedics, Sports Medicine and Ear Nose and Throat $4.37BFMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
fin.gross_marginGross margin (trailing twelve months)68.2%FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.q_table.depth.2026-06-27.revenue_kRevenue — period end 2026-06-27$3.10BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-27.rd_kR&D — period end 2026-06-27$150.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-27.sga_kSG&A — period end 2026-06-27$1.60BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-27.operating_result_kFMP standardized operating result — period end 2026-06-27$448.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.revenue_kRevenue — period end 2025-12-31$3.20BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.rd_kR&D — period end 2025-12-31$203.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.sga_kSG&A — period end 2025-12-31$1.52BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.operating_result_kFMP standardized operating result — period end 2025-12-31$365.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-06-30.revenue_kRevenue — period end 2025-06-30$2.96BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-06-30.rd_kR&D — period end 2025-06-30$143.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-06-30.sga_kSG&A — period end 2025-06-30$1.52BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-06-30.operating_result_kFMP standardized operating result — period end 2025-06-30$429.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2024-12-31.revenue_kRevenue — period end 2024-12-31$2.98BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2024-12-31.rd_kR&D — period end 2024-12-31$206.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2024-12-31.sga_kSG&A — period end 2024-12-31$1.40BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2024-12-31.operating_result_kFMP standardized operating result — period end 2024-12-31$329.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
earn.history.depth.2026-08-04.revenue_actualRevenue · reported — report date 2026-08-04$3.10BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-04.revenue_estimatedRevenue · estimate — report date 2026-08-04$1.64BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-04.eps_actualEPS · reported — report date 2026-08-04$0.9460Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-04.eps_estimatedEPS · estimate — report date 2026-08-04$0.9390Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-03-02.revenue_actualRevenue · reported — report date 2026-03-02$3.20BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-03-02.revenue_estimatedRevenue · estimate — report date 2026-03-02$2.77BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-03-02.eps_actualEPS · reported — report date 2026-03-02$1.1800Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-03-02.eps_estimatedEPS · estimate — report date 2026-03-02$1.1600Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-08-05.revenue_actualRevenue · reported — report date 2025-08-05$2.96BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-08-05.revenue_estimatedRevenue · estimate — report date 2025-08-05$1.53BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-08-05.eps_actualEPS · reported — report date 2025-08-05$0.8580Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-08-05.eps_estimatedEPS · estimate — report date 2025-08-05$0.7900Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-02-25.revenue_actualRevenue · reported — report date 2025-02-25$2.98BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-02-25.revenue_estimatedRevenue · estimate — report date 2025-02-25$2.96BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-02-25.eps_actualEPS · reported — report date 2025-02-25$0.9380Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-02-25.eps_estimatedEPS · estimate — report date 2025-02-25$0.9200Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
fin.q_tableQuarterly income statement4 quarters through Q2 FY2026FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed
fin.cash_investmentsCash and short-term investments$754.00MFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review.
fin.opcf_latestLatest-quarter operating cash flow$450.00MFMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-06-27. Negative operating cash flow means cash used. This figure is not a cash-runway estimate.
fin.long_term_investmentsLong-term investments (classification unverified)$151.00MFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.total_debtTotal debt$3.79BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.price_to_bookPrice to book value2.15×FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.opcf.depth.2026-06-27.operating_cash_flow_mOperating cash flow — period end 2026-06-27$450.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.operating_cash_flow_mOperating cash flow — period end 2025-12-31$889.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-06-27.capex_mCapital expenditure (reported) — period end 2026-06-27−$190.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.capex_mCapital expenditure (reported) — period end 2025-12-31−$294.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-06-30.operating_cash_flow_mOperating cash flow — period end 2025-06-30$396.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-06-30.capex_mCapital expenditure (reported) — period end 2025-06-30−$139.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2024-12-31.operating_cash_flow_mOperating cash flow — period end 2024-12-31$749.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2024-12-31.capex_mCapital expenditure (reported) — period end 2024-12-31−$209.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
earn.pt_rangeAnalyst price target, low to high$30.00 – $33.88FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_consensusConsensus analyst price target$31.91FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_medianMedian analyst price target$31.85FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
own.institutions.depth.ownership_pctInstitutional ownership8.5%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.ownership_pct_previous_quarterPrevious quarter · ownership7.4%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.institutions.depth.holdersReporting holders295FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.holders_previous_quarterPrevious quarter · holders280FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.top_holders.depth.holder_0.sharesRiver Road Asset Management, LLC — shares in provider snapshot3,221,876FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_1.sharesGoldman Sachs Group INC — shares in provider snapshot3,069,598FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_2.sharesBrandes Investment Partners, LP — shares in provider snapshot2,148,731FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_3.sharesDimensional Fund Advisors LP — shares in provider snapshot1,837,261FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_4.sharesLmr Partners Llp — shares in provider snapshot1,767,872FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.

UNRECORDED — 3 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.historyReported versus estimated, recent quartersEPS beat 4 of 8UNRECORDEDStored earnings-history observation — Captured 2026-08-28 · Expired observation
fin.scoresDistress and quality screensAltman Z 3.76 · Piotroski F 8UNRECORDEDStored financial-scores observation — Captured 2026-10-04 · Expired observation
px.range5252-week range$26.12 – $37.51UNRECORDEDStored company-profile observation — Captured 2026-10-03

COMPUTED — 5 facts from our arithmetic, formula restated

COMPUTED facts used on this page
Fact IDFactValue as shownAs ofTierSource
fin.mcap_to_cashMarket value per dollar of cash and short-term investments14.99×—COMPUTEDComputed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $754.00M at Jun 27, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-05. Balance-sheet reference date: 2026-06-27. The inputs do not establish a single common source date for this ratio.
div.ttm_per_shareDividends per share, last 12 months (split-adjusted)$0.79COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history — Sum of 2 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-05, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate.
div.ttm_yieldDividend yield, last 12 months3.01%COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate.
earn.history.depth.2026-08-04.revenue_actual.comparisonLatest report · revenue vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($3.10B) with the recorded estimate ($1.64B) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.
earn.history.depth.2026-08-04.eps_actual.comparisonLatest report · EPS vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($0.9460) with the recorded estimate ($0.9390) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.

OURS — 2 facts from Stock Expert AI's own score and rank

OURS facts used on this page
Fact IDFactValue as shownAs ofTierSource
ours.moonshotMoonshotScore v287 of 100 · Exceptional · pillars 92 / 54 / 78 / 91 / 45OURSStock Expert AI MoonshotScore v2 engine
ours.moonshot_changeMoonshotScore movement87 (stored snapshot Oct 4, 2026) → 87 (current publication computed Oct 5, 2026) (0)OURSStock Expert AI current score publication and immutable score snapshots

Fact-family notes

  1. Quarterly statement note. Source series as of 2026-06-27. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs: fin.q_table.depth.2026-06-27.revenue_k, fin.q_table.depth.2026-06-27.rd_k, fin.q_table.depth.2026-06-27.sga_k, fin.q_table.depth.2026-06-27.operating_result_k, fin.q_table.depth.2025-12-31.revenue_k, fin.q_table.depth.2025-12-31.rd_k, fin.q_table.depth.2025-12-31.sga_k, fin.q_table.depth.2025-12-31.operating_result_k, fin.q_table.depth.2025-06-30.revenue_k, fin.q_table.depth.2025-06-30.rd_k, fin.q_table.depth.2025-06-30.sga_k, fin.q_table.depth.2025-06-30.operating_result_k, fin.q_table.depth.2024-12-31.revenue_k, fin.q_table.depth.2024-12-31.rd_k, fin.q_table.depth.2024-12-31.sga_k, fin.q_table.depth.2024-12-31.operating_result_k.
  2. Earnings-history note. Source series as of 2026-08-04. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs: earn.history.depth.2026-08-04.revenue_actual, earn.history.depth.2026-08-04.revenue_estimated, earn.history.depth.2026-08-04.revenue_actual.comparison, earn.history.depth.2026-08-04.eps_actual.comparison, earn.history.depth.2026-08-04.eps_actual, earn.history.depth.2026-08-04.eps_estimated, earn.history.depth.2026-03-02.revenue_actual, earn.history.depth.2026-03-02.revenue_estimated, earn.history.depth.2026-03-02.eps_actual, earn.history.depth.2026-03-02.eps_estimated, earn.history.depth.2025-08-05.revenue_actual, earn.history.depth.2025-08-05.revenue_estimated, earn.history.depth.2025-08-05.eps_actual, earn.history.depth.2025-08-05.eps_estimated, earn.history.depth.2025-02-25.revenue_actual, earn.history.depth.2025-02-25.revenue_estimated, earn.history.depth.2025-02-25.eps_actual, earn.history.depth.2025-02-25.eps_estimated.
  3. Cash-flow note. Source series as of 2026-06-27. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs: fin.opcf.depth.2026-06-27.operating_cash_flow_m, fin.opcf.depth.2025-12-31.operating_cash_flow_m, fin.opcf.depth.2026-06-27.capex_m, fin.opcf.depth.2025-12-31.capex_m, fin.opcf.depth.2025-06-30.operating_cash_flow_m, fin.opcf.depth.2025-06-30.capex_m, fin.opcf.depth.2024-12-31.operating_cash_flow_m, fin.opcf.depth.2024-12-31.capex_m.
Published
Research standards
Methodology · Editorial policy · Corrections

Sources used for research written 2026-09-13

Historical evidence preserved with this analysis. Current figures are listed separately above.

EvidenceCaptured valueSource dateSource typeSource
Legal name
SMITH & NEPHEW PLC

Our market-data provider lists the name as "Smith & Nephew plc"; the filer's own record is used here.

2026-09-13OFFICIALSEC EDGAR filer record
Business description
Smith & Nephew plc, together with its subsidiaries, develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally. The company operates in three segments: Orthopaedics, Sports Medicine & ENT, and Advanced Wound Management. It offers knee implant products for knee replacement procedures; hip implants for revision procedures; trauma and extremities products that include internal and external devices used in the stabilization of severe fractures and deformity correction procedures; and other reconstruction products. The company also provides sports medicine joint repair products comprise instruments, technologies, and implants to perform minimally invasive surgery, as well as treating soft tissue injuries and degenerative conditions of the shoulder, knee, hip, and small joints. In addition, it provides arthroscopic enabling technologies comprising fluid management equipment for surgical access, cameras, digital image capture, scopes, light sources, and monitors to assist with visualization inside the joints, radio frequency, electromechanical and mechanical tissue resection devices, and hand instruments for removing damaged tissue; and ear, nose, and throat solutions. Further, the company offers advanced wound care products for the treatment and prevention of acute and chronic wounds, leg, diabetic and pressure ulcers, burns, and post-operative wounds; advanced wound bioactives, such as biologics and other bioactive technologies for debridement and dermal repair/regeneration, and regenerative medicine products, including skin, bone graft, and articular cartilage substitutes; and advanced wound devices, such as traditional and single-use negative pressure wound therapy, and hydrosurgery systems. It serves the healthcare providers. Smith & Nephew plc was founded in 1856 and is headquartered in Watford, the United Kingdom.
2026-09-13FMPFinancial Modeling Prep (FMP) company profile
Annual revenue and net result (USD millions)
Captured record · 5 entries
  • FY2025 — R&D: $346.00M, Revenue: $6.16B, Period end: 2025-12-31, Net result: $625.00M
  • FY2024 — R&D: $343.00M, Revenue: $5.81B, Period end: 2024-12-31, Net result: $412.00M
  • FY2023 — R&D: $339.00M, Revenue: $5.55B, Period end: 2023-12-31, Net result: $263.00M
  • FY2022 — R&D: $345.00M, Revenue: $5.21B, Period end: 2022-12-31, Net result: $223.00M
  • FY2021 — R&D: $356.00M, Revenue: $5.21B, Period end: 2021-12-31, Net result: $524.00M
2025-12-31FMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
Operating cash flow by quarter (USD millions)
Captured record · 8 entries
  • Quarter ended 2026-06-27 — Capital expenditure: -$190.00M, Operating cash flow: $450.00M
  • Quarter ended 2025-12-31 — Capital expenditure: -$294.00M, Operating cash flow: $889.00M
  • Quarter ended 2025-06-30 — Capital expenditure: -$139.00M, Operating cash flow: $396.00M
  • Quarter ended 2024-12-31 — Capital expenditure: -$209.00M, Operating cash flow: $749.00M
  • Quarter ended 2024-06-29 — Capital expenditure: -$172.00M, Operating cash flow: $238.00M
  • Quarter ended 2023-12-31 — Capital expenditure: -$260.00M, Operating cash flow: $495.00M
  • Quarter ended 2023-06-30 — Capital expenditure: -$167.00M, Operating cash flow: $113.00M
  • Quarter ended 2022-12-31 — Capital expenditure: -$185.00M, Operating cash flow: $261.00M
2026-06-27FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements
Management outlook — dated call excerpts
Captured record · 3 entries
  • Call of 2026-08-04 — Quote: Now taking into account revenue performance, we now expect underlying revenue growth of around 4% for 2026., Speaker: Deepak Nath
  • Call of 2026-08-04 — Quote: We are seeing the impact of competitor launches in the U.S., but we expect growth to strengthen in the second half as we launch EVOS, Pelvic and ramp up TRIGEN MAX., Speaker: John Rogers
  • Call of 2026-08-04 — Quote: We continue to expect free cash flow in 2026 of around $800 million, driven by profit growth and continued focus on working capital, offset by a modest temporary increase in restructuring costs., Speaker: John Rogers

Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.

2026-08-04OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP)
Revenue by segment
Advanced Wound Management: $1.79B; Orthopaedics, Sports Medicine and Ear Nose and Throat: $4.37B
2025-12-31FMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
Sector / industry (provider taxonomy)
Healthcare / Medical - Devices

The company's SEC filings classify it under SIC 3842 — Orthopedic, Prosthetic & Surgical Appliances & Supplies.

2026-09-13FMPFinancial Modeling Prep (FMP) company profile
Quarterly income statement (USD thousands)
Captured record · 8 entries
  • Quarter ended 2026-06-27 — EPS: $0.7 per share, R&D: $150.00M, SG&A: $1.60B, EPS basic: $0.72 per share, EPS basis: diluted, Revenue: $3.10B, EPS diluted: $0.7 per share, Net result: $303.00M, Gross profit: $2.20B, Operating result: $448.00M
  • Quarter ended 2025-12-31 — EPS: $0.76 per share, R&D: $203.00M, SG&A: $1.52B, EPS basic: $0.78 per share, EPS basis: diluted, Revenue: $3.20B, EPS diluted: $0.76 per share, Net result: $332.00M, Gross profit: $2.12B, Operating result: $365.00M
  • Quarter ended 2025-06-30 — EPS: $0.68 per share, R&D: $143.00M, SG&A: $1.52B, EPS basic: $0.68 per share, EPS basis: diluted, Revenue: $2.96B, EPS diluted: $0.68 per share, Net result: $293.00M, Gross profit: $2.09B, Operating result: $429.00M
  • Quarter ended 2024-12-31 — EPS: $0.46 per share, R&D: $206.00M, SG&A: $1.40B, EPS basic: $0.46 per share, EPS basis: diluted, Revenue: $2.98B, EPS diluted: $0.46 per share, Net result: $198.00M, Gross profit: $2.10B, Operating result: $329.00M
  • Quarter ended 2024-06-29 — EPS: $0.5 per share, R&D: $137.00M, SG&A: $1.51B, EPS basic: $0.5 per share, EPS basis: diluted, Revenue: $2.83B, EPS diluted: $0.5 per share, Net result: $214.00M, Gross profit: $1.97B, Operating result: $328.00M
  • Quarter ended 2023-12-31 — EPS: $0.21 per share, R&D: $219.00M, SG&A: $1.38B, EPS basic: $0.21 per share, EPS basis: diluted, Revenue: $2.81B, EPS diluted: $0.21 per share, Net result: $91.00M, Gross profit: $2.00B, Operating result: $150.00M
  • Quarter ended 2023-06-30 — EPS: $0.39 per share, R&D: $166.00M, SG&A: $1.46B, EPS basic: $0.39 per share, EPS basis: diluted, Revenue: $2.73B, EPS diluted: $0.39 per share, Net result: $172.00M, Gross profit: $1.90B, Operating result: $275.00M
  • Quarter ended 2022-12-31 — EPS: $0.11 per share, R&D: $222.00M, SG&A: $1.30B, EPS basic: $0.11 per share, EPS basis: diluted, Revenue: $2.62B, EPS diluted: $0.11 per share, Net result: $46.00M, Gross profit: $1.87B, Operating result: $208.00M
2026-06-27FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements
Reported versus estimated, last 8 quarters
Captured record · 8 entries
  • Reported 2026-08-04 — EPS actual: $0.946 per share, EPS estimated: $0.939 per share, Revenue actual: $3.10B, Revenue estimated: $1.64B
  • Reported 2026-03-02 — EPS actual: $1.18 per share, EPS estimated: $1.16 per share, Revenue actual: $3.20B, Revenue estimated: $2.77B
  • Reported 2025-08-05 — EPS actual: $0.858 per share, EPS estimated: $0.79 per share, Revenue actual: $2.96B, Revenue estimated: $1.53B
  • Reported 2025-02-25 — EPS actual: $0.938 per share, EPS estimated: $0.92 per share, Revenue actual: $2.98B, Revenue estimated: $2.96B
  • Reported 2024-10-31 — EPS actual: $0.5 per share, EPS estimated: $0.8 per share, Revenue actual: $2.83B, Revenue estimated: $1.41B
  • Reported 2024-08-01 — EPS actual: $0.752 per share, EPS estimated: $0.786 per share, Revenue actual: $2.83B, Revenue estimated: $2.83B
  • Reported 2023-08-03 — EPS actual: $0.698 per share, EPS estimated: $0.732 per share, Revenue actual: $2.73B, Revenue estimated: $2.72B
  • Reported 2023-02-21 — EPS actual: $0.87 per share, EPS estimated: $0.73 per share, Revenue actual: $2.62B, Revenue estimated: $2.60B
2026-08-04FMPFinancial Modeling Prep (FMP) earnings
Cash, investments and debt
Total debt: $3.79B; Liquidity basis: cash and short-term investments; Total liabilities: $5.83B; Cash and short-term investments: $754.00M; Cash and investments: $905.00M; Long-term investments: $151.00M; Long-term investments classification: unclassified

Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.

2026-06-27FMPFinancial Modeling Prep (FMP), from the company's balance sheet
Cash and investment components
Total basis: cash short and long-term investments; Total: $905.00M; Cash and short-term investments: $754.00M; Long-term investments: $151.00M; Long-term investments classification: unclassified

Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures.

2026-06-27COMPUTEDComputed from the balance sheet
Cash and short-term investments over time (USD millions)
Captured record · 8 entries
  • 2026-06-27 — Amount: $754.00M, Cash basis: cash and short-term investments
  • 2025-12-31 — Amount: $557.00M, Cash basis: cash and short-term investments
  • 2025-06-30 — Amount: $675.40M, Cash basis: cash and short-term investments
  • 2024-12-31 — Amount: $619.00M, Cash basis: cash and short-term investments
  • 2024-06-29 — Amount: $568.00M, Cash basis: cash and short-term investments
  • 2023-12-31 — Amount: $302.00M, Cash basis: cash and short-term investments
  • 2023-06-30 — Amount: $190.00M, Cash basis: cash and short-term investments
  • 2022-12-31 — Amount: $350.00M, Cash basis: cash and short-term investments
2026-06-27FMPFinancial Modeling Prep (FMP), from the company's quarterly balance sheets
Cash against market value
As of: 2026-06-27; Cash basis: cash and short-term investments; Net cash: -$3.03B; Total debt: $3.79B; Cash and investments: $754.00M

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them.

2026-06-27COMPUTEDComputed from the balance sheet and the latest market capitalization
Trailing twelve-month ratio set
Quick ratio: 1.11; Current ratio: 2.14; Debt to equity: 0.73; Net margin: 10.1%; Gross margin: 68.2%; Operating margin: 16.7%; Return on assets: 5.8%; Return on equity: 12.2%

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero.

2026-09-13FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm
Distress and quality screens
Altman Z-score: 3.82; Piotroski F-score: 8

Altman Z below 1.8 is the conventional distress zone. The screen is built for manufacturers and industrials; for banks, insurers and property companies it is not a meaningful reading.

2026-09-13FMPFinancial Modeling Prep (FMP) financial scores
Next earnings report
Date: 2027-02-23; EPS estimate: $1.21 per share; Revenue estimate: $3.32B

The date is our provider's estimate until the company confirms it.

2026-09-13FMPFinancial Modeling Prep (FMP) earnings calendar
Analyst revenue and earnings estimates (average)
Captured record · 4 entries
  • FY2027 — EPS average: $2.4 per share, Revenue average: $6.81B, Revenue low: $6.77B, Revenue high: $6.84B, Analysts (revenue): 10
  • FY2028 — EPS average: $2.69 per share, Revenue average: $7.18B, Revenue low: $7.12B, Revenue high: $7.28B, Analysts (revenue): 4
  • FY2029 — EPS average: $2.86 per share, Revenue average: $7.63B, Revenue low: $7.55B, Revenue high: $7.73B, Analysts (revenue): 5
  • FY2030 — EPS average: $2.98 per share, Revenue average: $8.04B, Revenue low: $7.96B, Revenue high: $8.15B, Analysts (revenue): 5
2026-09-13FMPFinancial Modeling Prep (FMP) analyst estimates
Analyst actions, most recent per firm
Captured record · 10 entries
  • 2026-08-06 — Firm: JP Morgan, Action: downgrade, Rating: Neutral, Previous rating: Overweight
  • 2026-08-05 — Firm: Barclays, Action: downgrade, Rating: Underweight, Previous rating: Equal Weight
  • 2026-05-11 — Firm: Canaccord Genuity, Action: maintain, Rating: Hold, Previous rating: Hold
  • 2025-10-14 — Firm: Bernstein, Action: downgrade, Rating: Market Perform, Previous rating: Outperform
  • 2025-03-12 — Firm: UBS, Action: downgrade, Rating: Neutral, Previous rating: Buy
  • 2022-03-04 — Firm: Redburn Partners, Action: upgrade, Rating: Neutral, Previous rating: Sell
  • 2020-05-07 — Firm: CFRA, Action: maintain, Rating: Hold, Previous rating: Hold
  • 2018-05-04 — Firm: Deutsche Bank, Action: downgrade, Rating: Sell, Previous rating: Hold
  • 2018-03-26 — Firm: HSBC, Action: upgrade, Rating: Buy, Previous rating: Hold
  • 2017-12-11 — Firm: Morgan Stanley, Action: downgrade, Rating: Equal Weight, Previous rating: Overweight

One row per firm — the firm's most recent action in our feed. Other data vendors may carry firms ours does not.

2026-08-06FMPFinancial Modeling Prep (FMP) analyst grades
Recent dividends paid
Captured record · 4 entries
  • Ex date: 2026-03-27, Payment date: 2026-05-27, Amount per share: $0.48
  • Ex date: 2025-10-03, Payment date: 2025-11-07, Amount per share: $0.3
  • Ex date: 2025-03-28, Payment date: 2025-05-28, Amount per share: $0.46
  • Ex date: 2024-10-04, Payment date: 2024-11-08, Amount per share: $0.29

Declared amounts per share on their ex-dates. A single payment does not establish an annual rate, and a special dividend is not separated here.

2026-03-27FMPFinancial Modeling Prep (FMP) dividend history
Next scheduled dividend
Ex date: 2026-10-02; Declared on: 2026-08-04; Record date: 2026-10-02; Payment date: 2026-11-06; Amount per share: $0.31

Amount is per share as declared, before any withholding. Owning the share before the ex-date is what carries entitlement.

2026-08-04FMPFinancial Modeling Prep (FMP) dividend calendar
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.