Artivion (AORT) Financials

$23.02 -0.12 (-0.50%)

Closing price 04/15/2025 03:59 PM Eastern

Extended Trading

$24.25 +1.24 (+5.37%)

As of 04/15/2025 05:48 PM Eastern

Annual Income Statements for Artivion

This table shows Artivion's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	7.32	4.01	122	3.70	-2.84	1.72	-17	-15	-19	-31	-13
Consolidated Net Income / (Loss)	7.32	4.01	11	3.70	-2.84	1.72	-17	-15	-19	-31	-13
Net Income / (Loss) Continuing Operations	7.32	4.01	122	3.70	-2.84	1.72	-17	-15	-19	-31	-13
Total Pre-Tax Income	8.70	5.87	18	3.56	-6.39	1.64	-17	-15	-15	-22	-7.51
Total Operating Income	8.84	5.35	22	7.97	9.31	17	2.44	8.12	6.20	5.74	39
Total Gross Profit	91	91	238	129	173	183	168	198	203	229	249
Total Revenue	145	146	180	190	263	276	253	299	314	354	389
Operating Revenue	145	146	180	190	263	276	253	299	314	354	389
Total Cost of Revenue	53	55	-57	61	90	93	85	101	111	125	140
Operating Cost of Revenue	53	55	180	61	90	93	85	101	111	125	140
Total Operating Expenses	82	85	105	121	164	166	165	189	196	223	210
Selling, General & Admin Expense	74	75	92	101	141	143	141	170	157	209	181
Research & Development Expense	8.70	10	13	19	23	23	24	36	39	29	28
Other Special Charges / (Income)	-	-	-	-	-	-	-	-16	0.00	-14	0.00
Total Other Income / (Expense), net	-0.14	0.51	-3.41	-4.41	-16	-15	-20	-23	-21	-27	-46
Interest Expense	0.18	-0.06	3.04	4.88	16	15	17	17	18	25	38
Interest & Investment Income	0.58	0.94	0.07	0.21	0.23	0.74	0.22	0.08	0.15	1.08	1.47
Other Income / (Expense), net	-0.54	-0.48	-0.44	0.26	-0.14	-1.25	-3.13	-6.14	-3.11	-3.11	-9.91
Income Tax Expense	1.38	1.86	7.63	-0.14	-3.55	-0.08	-0.49	0.01	4.21	9.10	5.85
Basic Earnings per Share	$0.26	$0.14	$0.33	$0.11	($0.08)	$0.05	($0.44)	($0.38)	($0.48)	($0.75)	($0.32)
Weighted Average Basic Shares Outstanding	27.38M	27.74M	31.86M	33.01M	36.41M	37.12M	37.86M	38.98M	40.03M	40.74M	41.68M
Diluted Earnings per Share	$0.25	$0.14	$0.32	$0.11	($0.08)	$0.05	($0.44)	($0.38)	($0.48)	($0.75)	($0.32)
Weighted Average Diluted Shares Outstanding	28.31M	28.54M	32.82M	34.16M	36.41M	37.86M	37.86M	38.98M	40.03M	40.74M	41.68M
Weighted Average Basic & Diluted Shares Outstanding	28.20M	28.60M	32.70M	33.70M	35.50M	39.08M	38.96M	40.12M	40.56M	41.23M	42.05M

This table shows Artivion's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	-14	2.17	-14	-3.38	-9.80	-3.98	7.53	-2.12	-2.29	-16
Consolidated Net Income / (Loss)	-14	2.17	-14	-3.38	-9.80	-3.98	7.53	-2.12	-2.29	-16
Net Income / (Loss) Continuing Operations	-14	2.17	-14	-3.38	-9.80	-3.98	7.53	-2.12	-2.29	-16
Total Pre-Tax Income	-13	3.28	-8.92	-2.66	-9.42	-0.59	13	-2.43	-1.27	-17
Total Operating Income	-4.11	4.13	-3.86	7.68	-1.24	3.17	25	6.51	4.39	2.67
Total Gross Profit	49	51	54	58	56	61	63	63	61	62
Total Revenue	77	79	83	89	88	94	97	98	96	97
Operating Revenue	77	79	83	89	88	94	97	98	96	97
Total Cost of Revenue	28	29	30	31	32	33	34	35	35	36
Operating Cost of Revenue	28	29	30	31	32	33	34	35	35	36
Total Operating Expenses	53	47	58	50	58	58	38	57	57	59
Selling, General & Admin Expense	41	38	50	57	51	50	31	49	50	51
Research & Development Expense	12	8.30	7.22	7.42	6.42	7.65	6.95	7.50	6.61	7.40
Total Other Income / (Expense), net	-8.43	-0.85	-5.06	-10	-8.18	-3.76	-13	-8.93	-5.65	-19
Interest Expense	4.81	5.37	6.10	6.36	6.60	6.24	11	8.30	8.41	9.74
Interest & Investment Income	0.04	0.06	0.08	0.27	0.34	0.40	0.37	0.35	0.37	0.37
Other Income / (Expense), net	-3.66	4.46	0.96	-4.24	-1.91	2.08	-1.41	-0.98	2.39	-9.90
Income Tax Expense	1.18	1.11	4.61	0.73	0.38	3.38	5.25	-0.31	1.02	-0.12
Basic Earnings per Share	($0.34)	$0.05	($0.33)	($0.08)	($0.24)	($0.10)	$0.18	($0.05)	($0.05)	($0.40)
Weighted Average Basic Shares Outstanding	40.12M	40.03M	40.43M	40.76M	40.88M	40.74M	41.29M	41.68M	41.84M	41.68M
Diluted Earnings per Share	($0.34)	$0.05	($0.33)	($0.08)	($0.24)	($0.10)	$0.18	($0.05)	($0.05)	($0.40)
Weighted Average Diluted Shares Outstanding	40.12M	40.03M	40.43M	40.76M	40.88M	40.74M	47.89M	41.68M	41.84M	41.68M
Weighted Average Basic & Diluted Shares Outstanding	40.33M	40.56M	40.88M	41.04M	41.05M	41.23M	41.73M	41.89M	41.92M	42.05M

This table details how cash moves in and out of Artivion's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	-4.27	4.21	14	-17	1.48	-7.94	28	-6.95	-16	20	-5.48
Net Cash From Operating Activities	8.12	11	20	11	9.88	16	12	-2.59	-5.15	19	22
Net Cash From Continuing Operating Activities	8.12	11	20	11	9.88	16	12	-2.59	-5.15	19	22
Net Income / (Loss) Continuing Operations	7.32	4.01	11	3.70	-2.84	1.72	-17	-15	-19	-31	-13
Consolidated Net Income / (Loss)	7.32	4.01	11	3.70	-2.84	1.72	-17	-15	-19	-31	-13
Depreciation Expense	6.03	5.86	8.38	9.75	18	18	21	24	22	23	24
Non-Cash Adjustments To Reconcile Net Income	3.11	5.81	0.05	9.71	9.12	17	26	17	25	18	41
Changes in Operating Assets and Liabilities, net	-8.34	-4.23	0.51	-12	-14	-22	-18	-29	-34	8.73	-30
Net Cash From Investing Activities	-5.35	-4.49	-79	-171	-6.72	-24	-73	5.66	-11	-0.50	-28
Net Cash From Continuing Investing Activities	-5.35	-4.49	-79	-171	-6.72	-24	-73	5.66	-11	-0.50	-28
Purchase of Property, Plant & Equipment	-4.31	-3.49	-6.20	-6.63	-5.79	-8.07	-7.33	-13	-11	-9.75	-11
Sale of Property, Plant & Equipment	-	-	-	-	-	0.00	0.00	19	0.00	14	0.00
Other Investing Activities, net	-1.00	-0.61	-0.13	-0.09	-0.93	-0.87	-5.52	-0.25	0.00	-5.00	-17
Net Cash From Financing Activities	-6.95	-2.81	73	143	-2.56	-1.49	94	-12	-1.64	0.87	2.20
Net Cash From Continuing Financing Activities	-6.95	-2.81	73	143	-2.56	-1.49	94	-12	-1.64	0.87	2.20
Repayment of Debt	-	-	-3.70	-83	-4.32	-3.51	-40	-5.87	-3.21	-6.09	-216
Issuance of Debt	0.74	0.46	76	225	0.00	0.00	130	-	0.00	0.00	213
Issuance of Common Equity	2.68	1.53	2.20	3.13	3.85	4.76	2.43	3.76	3.37	3.96	5.73
Other Financing Activities, net	-1.48	-1.39	-0.70	-1.61	-2.10	-2.74	0.82	-10	-1.80	3.00	0.00
Effect of Exchange Rate Changes	-0.08	0.07	-	-	-	-	-5.19	2.20	-	0.40	-1.73

This table details how cash moves in and out of Artivion's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-2.81	1.78	-8.58	18	4.71	5.46	-7.82	3.90	1.15	-2.71
Net Cash From Operating Activities	3.98	-0.22	-6.15	6.91	7.23	11	-5.49	6.14	11	10
Net Cash From Continuing Operating Activities	3.98	-0.22	-6.15	6.91	7.23	11	-5.49	6.14	11	10
Net Income / (Loss) Continuing Operations	-14	2.17	-14	-3.38	-9.80	-3.98	7.53	-2.12	-2.29	-16
Consolidated Net Income / (Loss)	-14	2.17	-14	-3.38	-9.80	-3.98	7.53	-2.12	-2.29	-16
Depreciation Expense	5.52	5.43	5.73	5.77	5.76	5.82	5.91	5.89	6.11	6.30
Non-Cash Adjustments To Reconcile Net Income	6.46	6.00	7.02	-1.50	7.22	4.98	10	7.55	7.58	16
Changes in Operating Assets and Liabilities, net	5.71	-14	-5.38	6.03	4.06	4.02	-29	-5.18	0.05	4.74
Net Cash From Investing Activities	-3.05	-2.67	-2.84	7.08	-2.07	-2.67	-3.61	-2.51	-11	-11
Net Cash From Continuing Investing Activities	-3.05	-2.67	-2.84	7.08	-2.07	-2.67	-3.61	-2.51	-11	-11
Purchase of Property, Plant & Equipment	-2.87	-3.79	-2.84	-2.17	-2.07	-2.67	-3.61	-2.51	-3.64	-1.43
Other Investing Activities, net	-0.18	1.12	-	-	-	-	-	-	-7.00	-10
Net Cash From Financing Activities	0.25	-0.86	1.17	2.23	-0.91	-1.63	0.74	-0.18	1.47	0.17
Net Cash From Continuing Financing Activities	0.25	-0.86	1.17	2.23	-0.91	-1.63	0.74	-0.18	1.47	0.17
Repayment of Debt	-0.72	-0.88	-1.41	-1.33	-1.80	-1.56	-223	-0.24	-0.23	7.23
Issuance of Debt	-	-	0.00	-	-	-	220	-	-	-7.50
Issuance of Common Equity	1.03	0.02	2.58	-	0.89	0.49	3.53	0.06	1.70	0.44
Effect of Exchange Rate Changes	-3.99	-	-	-	0.45	-1.08	0.55	0.46	-1.14	-1.60

This table presents Artivion's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	176	181	316	590	571	606	789	793	763	792	789
Total Current Assets	106	110	147	179	179	187	235	248	247	281	290
Cash & Equivalents	33	38	57	40	41	34	61	55	39	59	53
Accounts Receivable	23	27	30	51	51	56	49	58	70	74	86
Inventories, net	13	15	26	47	45	53	73	77	74	82	80
Prepaid Expenses	4.76	5.19	2.82	4.73	6.85	12	14	15	18	16	19
Other Current Assets	25	25	31	36	33	33	37	43	46	50	52
Plant, Property, & Equipment, net	12	11	19	34	31	32	33	38	39	38	36
Total Noncurrent Assets	58	60	150	377	361	386	522	508	477	473	463
Goodwill	11	11	78	188	189	187	260	250	244	247	241
Intangible Assets	21	20	67	179	160	158	227	201	183	172	156
Noncurrent Deferred & Refundable Income Taxes	16	18	-	1.61	4.11	5.48	1.45	2.36	1.31	1.09	1.07
Other Noncurrent Operating Assets	4.82	5.58	5.47	7.49	7.92	36	33	54	49	53	64
Total Liabilities & Shareholders' Equity	176	181	316	590	571	606	789	793	763	792	789
Total Liabilities	27	26	107	313	296	320	461	492	478	511	513
Total Current Liabilities	21	20	30	43	35	45	60	45	50	58	67
Short-Term Debt	-	-	4.56	1.30	1.16	1.16	18	1.63	1.61	1.45	0.20
Accounts Payable	4.50	4.59	5.74	9.77	7.55	9.80	9.62	10	12	13	18
Accrued Expenses	7.67	7.29	9.86	15	11	11	11	11	14	12	14
Current Deferred & Payable Income Tax Liabilities	0.05	-	0.00	4.02	2.25	2.98	2.81	3.63	2.64	3.84	2.93
Current Employee Benefit Liabilities	5.41	6.34	8.82	10	11	12	10	13	14	19	18
Other Current Liabilities	3.01	1.39	1.12	2.43	2.33	7.90	9.13	4.76	5.13	6.37	5.67
Other Current Nonoperating Liabilities	-	-	-	-	-	-	-	-	-	2.28	8.17
Total Noncurrent Liabilities	6.85	6.32	77	270	262	275	400	447	429	453	446
Long-Term Debt	-	-	67	218	216	215	290	307	306	306	314
Capital Lease Obligations	-	-	0.01	6.86	5.94	5.42	5.30	4.37	3.64	3.41	2.83
Noncurrent Deferred & Payable Income Tax Liabilities	-	-	0.01	30	27	26	35	29	24	22	20
Noncurrent Employee Benefit Liabilities	1.92	1.93	2.60	3.39	3.25	4.43	5.52	5.95	5.47	6.76	7.98
Other Noncurrent Operating Liabilities	3.28	2.66	5.07	7.89	6.87	24	64	101	89	115	101
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	149	155	209	277	275	286	329	301	284	282	276
Total Preferred & Common Equity	149	155	209	277	275	286	329	301	284	282	276
Preferred Stock	-	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	149	155	209	277	275	286	329	301	284	282	276
Common Stock	136	143	187	250	261	272	317	323	338	356	377
Retained Earnings	23	23	34	38	35	37	20	1.98	-17	-48	-61
Treasury Stock	-9.48	-11	-12	-13	-15	-	-15	-15	-15	-15	-15
Accumulated Other Comprehensive Income / (Loss)	-0.12	-0.08	-0.43	1.86	-6.07	-8.59	6.74	-9.89	-22	-12	-25

This table presents Artivion's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	743	757	778	775	784	790	803
Total Current Assets	238	241	264	267	277	285	288
Cash & Equivalents	38	31	49	53	51	55	56
Accounts Receivable	65	67	69	68	77	79	78
Inventories, net	73	76	78	79	82	81	84
Prepaid Expenses	17	20	19	17	17	20	19
Other Current Assets	45	47	48	49	50	51	50
Plant, Property, & Equipment, net	36	39	38	37	38	37	38
Total Noncurrent Assets	468	478	476	470	469	467	477
Goodwill	235	246	246	243	245	244	249
Intangible Assets	179	181	177	172	168	164	165
Noncurrent Deferred & Refundable Income Taxes	6.10	2.37	3.95	3.71	0.67	3.31	1.46
Other Noncurrent Operating Assets	48	49	49	52	56	55	62
Total Liabilities & Shareholders' Equity	743	757	778	775	784	790	803
Total Liabilities	488	477	495	503	489	494	498
Total Current Liabilities	46	44	56	55	46	51	153
Short-Term Debt	1.56	1.62	1.56	1.55	0.27	0.27	100
Accounts Payable	11	9.47	10	11	10	12	11
Accrued Expenses	12	12	12	12	17	18	17
Current Deferred & Payable Income Tax Liabilities	5.29	6.91	11	9.39	2.09	1.73	3.52
Current Employee Benefit Liabilities	11	9.03	13	14	11	14	15
Other Current Liabilities	4.95	5.10	8.67	7.55	4.91	4.90	5.89
Total Noncurrent Liabilities	442	433	439	448	443	444	346
Long-Term Debt	307	306	306	306	313	313	214
Capital Lease Obligations	3.45	3.58	3.45	3.27	3.27	3.20	3.19
Noncurrent Deferred & Payable Income Tax Liabilities	34	24	19	20	22	22	19
Noncurrent Employee Benefit Liabilities	5.08	6.13	6.54	6.46	7.45	7.46	7.93
Other Noncurrent Operating Liabilities	92	93	104	113	97	98	102
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	255	280	283	272	295	295	305
Total Preferred & Common Equity	255	280	283	272	295	295	305
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	255	280	283	272	295	295	305
Common Stock	334	343	347	352	364	368	374
Retained Earnings	-19	-31	-34	-44	-40	-42	-45
Treasury Stock	-15	-15	-15	-15	-15	-15	-15
Accumulated Other Comprehensive Income / (Loss)	-45	-18	-16	-21	-14	-16	-9.53

This table displays calculated financial ratios and metrics derived from Artivion's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	2.76%	0.87%	23.63%	5.17%	38.55%	5.09%	-8.32%	18.01%	5.00%	12.82%	9.76%
EBITDA Growth	-12.96%	-25.08%	177.34%	-39.61%	51.69%	25.10%	-41.31%	29.67%	-1.63%	0.69%	106.79%
EBIT Growth	-21.84%	-41.31%	339.08%	-61.51%	11.43%	72.20%	-104.39%	385.86%	56.13%	-14.78%	998.82%
NOPAT Growth	-22.51%	-50.86%	249.54%	-35.10%	-21.37%	173.53%	-90.42%	232.53%	-23.60%	-7.40%	577.01%
Net Income Growth	-54.72%	-45.30%	169.11%	-65.63%	-176.67%	160.56%	-1,069.88%	11.08%	-29.38%	-59.91%	56.47%
EPS Growth	-56.14%	-44.00%	128.57%	-65.63%	-172.73%	162.50%	-980.00%	13.64%	-26.32%	-56.25%	57.33%
Operating Cash Flow Growth	-51.60%	40.95%	72.34%	-45.22%	-8.53%	60.18%	-21.85%	-120.90%	-99.34%	465.32%	18.12%
Free Cash Flow Firm Growth	-102.02%	627.53%	-8,007.48%	-134.41%	105.87%	-93.17%	-11,524.68%	125.14%	-74.35%	269.70%	-42.01%
Invested Capital Growth	7.54%	2.20%	99.61%	107.27%	-1.52%	3.71%	22.77%	-3.61%	-0.44%	-3.81%	2.35%
Revenue Q/Q Growth	1.19%	1.88%	2.96%	4.29%	6.04%	-20.04%	37.71%	4.00%	0.00%	4.20%	0.95%
EBITDA Q/Q Growth	9.47%	41.76%	2.68%	-16.69%	16.11%	10.58%	1.94%	-55.71%	339.88%	-10.26%	-18.43%
EBIT Q/Q Growth	15.43%	230.84%	-0.16%	-35.49%	35.17%	20.27%	-188.75%	-94.29%	109.20%	-55.82%	-30.13%
NOPAT Q/Q Growth	1.18%	37.97%	71.62%	-60.63%	46.92%	57.33%	-41.29%	-81.05%	185.32%	-14.30%	790.00%
Net Income Q/Q Growth	-49.75%	27.35%	2.48%	-61.45%	44.00%	5.85%	-19.97%	-920.46%	53.71%	-25.03%	-1,469.80%
EPS Q/Q Growth	-51.92%	55.56%	-5.88%	-59.26%	42.86%	25.00%	-18.92%	-1,050.00%	53.40%	-25.00%	-1,500.00%
Operating Cash Flow Q/Q Growth	-7.73%	-22.75%	22.56%	9.44%	85.14%	-37.41%	55.02%	-220.29%	-22.11%	142.28%	-3.05%
Free Cash Flow Firm Q/Q Growth	-112.68%	-79.94%	6.73%	-4,405.99%	106.21%	-93.57%	-14.08%	211.08%	-82.55%	435.05%	136.16%
Invested Capital Q/Q Growth	-1.52%	3.98%	1.13%	95.71%	-0.80%	3.57%	5.10%	-2.48%	5.20%	1.19%	-3.12%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	63.12%	62.18%	131.83%	67.81%	65.81%	66.26%	66.26%	66.09%	64.54%	64.74%	64.03%
EBITDA Margin	9.90%	7.36%	16.50%	9.48%	10.37%	12.35%	7.91%	8.69%	8.14%	7.26%	13.68%
Operating Margin	6.11%	3.67%	12.10%	4.20%	3.54%	6.17%	0.96%	2.72%	1.98%	1.62%	10.01%
EBIT Margin	5.74%	3.34%	11.85%	4.34%	3.49%	5.72%	-0.27%	0.66%	0.99%	0.74%	7.45%
Profit (Net Income) Margin	5.06%	2.75%	5.98%	1.95%	-1.08%	0.62%	-6.59%	-4.96%	-6.12%	-8.67%	-3.44%
Tax Burden Percent	84.13%	68.25%	58.54%	104.02%	44.44%	104.62%	97.14%	100.05%	128.08%	142.18%	177.79%
Interest Burden Percent	104.88%	120.49%	86.11%	43.27%	-69.69%	10.41%	2,478.21%	-748.46%	-484.45%	-818.89%	-25.94%
Effective Tax Rate	15.87%	31.75%	41.46%	-4.02%	0.00%	-4.62%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	7.04%	3.30%	7.62%	2.42%	1.42%	3.84%	0.32%	1.00%	0.78%	0.74%	5.02%
ROIC Less NNEP Spread (ROIC-NNEP)	7.32%	2.45%	21.30%	-2.17%	-3.69%	-4.93%	-8.07%	-7.05%	-8.09%	-12.46%	-10.41%
Return on Net Nonoperating Assets (RNNOA)	-2.05%	-0.67%	-1.71%	-0.89%	-2.45%	-3.23%	-5.75%	-5.71%	-7.34%	-11.58%	-9.81%
Return on Equity (ROE)	4.99%	2.64%	5.92%	1.52%	-1.03%	0.61%	-5.43%	-4.71%	-6.56%	-10.84%	-4.79%
Cash Return on Invested Capital (CROIC)	-0.22%	1.13%	-58.87%	-67.41%	2.95%	0.20%	-20.12%	4.67%	1.22%	4.62%	2.70%
Operating Return on Assets (OROA)	4.73%	2.73%	8.60%	1.82%	1.58%	2.68%	-0.10%	0.25%	0.40%	0.34%	3.66%
Return on Assets (ROA)	4.17%	2.24%	4.33%	0.82%	-0.49%	0.29%	-2.39%	-1.87%	-2.47%	-3.95%	-1.69%
Return on Common Equity (ROCE)	4.99%	2.64%	5.92%	1.52%	-1.03%	0.61%	-5.43%	-4.71%	-6.56%	-10.84%	-4.79%
Return on Equity Simple (ROE_SIMPLE)	4.92%	2.58%	5.16%	1.34%	-1.03%	0.60%	-5.07%	-4.93%	-6.75%	-10.89%	-4.84%
Net Operating Profit after Tax (NOPAT)	7.44	3.65	13	8.29	6.52	18	1.71	5.68	4.34	4.02	27
NOPAT Margin	5.14%	2.50%	7.08%	4.37%	2.48%	6.45%	0.67%	1.90%	1.38%	1.14%	7.00%
Net Nonoperating Expense Percent (NNEP)	-0.28%	0.85%	-13.68%	4.59%	5.11%	8.77%	8.39%	8.05%	8.87%	13.19%	15.44%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	0.73%	0.68%	4.59%
Cost of Revenue to Revenue	36.88%	37.82%	-31.83%	32.19%	34.19%	33.74%	33.74%	33.91%	35.46%	35.26%	35.97%
SG&A Expenses to Revenue	50.99%	51.36%	50.75%	53.35%	53.48%	51.77%	55.74%	56.81%	50.17%	59.03%	46.70%
R&D to Revenue	6.01%	7.15%	7.45%	10.26%	8.79%	8.31%	9.56%	11.89%	12.39%	8.11%	7.32%
Operating Expenses to Revenue	57.01%	58.51%	58.21%	63.61%	62.27%	60.09%	65.29%	63.38%	62.57%	63.12%	54.03%
Earnings before Interest and Taxes (EBIT)	8.30	4.87	21	8.23	9.17	16	-0.69	1.98	3.09	2.64	29
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	14	11	30	18	27	34	20	26	26	26	53
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.10	1.98	3.01	2.31	3.81	3.56	2.79	2.66	1.72	2.60	4.34
Price to Tangible Book Value (P/TBV)	2.70	2.47	9.82	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	2.16	2.10	3.49	3.38	3.99	3.68	3.62	2.68	1.56	2.07	3.08
Price to Earnings (P/E)	42.74	76.59	5.17	172.98	0.00	590.68	0.00	0.00	0.00	0.00	0.00
Dividend Yield	1.05%	1.11%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	2.34%	1.31%	19.36%	0.58%	0.00%	0.17%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	2.55	2.40	2.88	1.79	2.70	2.55	2.01	1.89	1.37	1.84	2.67
Enterprise Value to Revenue (EV/Rev)	1.93	1.84	3.57	4.36	4.68	4.35	4.62	3.54	2.43	2.78	3.76
Enterprise Value to EBITDA (EV/EBITDA)	19.46	25.00	21.61	45.97	45.10	35.26	58.39	40.79	29.81	38.32	27.50
Enterprise Value to EBIT (EV/EBIT)	33.59	55.10	30.08	100.41	134.09	76.17	0.00	534.50	246.10	373.82	50.48
Enterprise Value to NOPAT (EV/NOPAT)	37.48	73.43	50.36	99.68	188.65	67.46	684.06	186.35	175.36	245.16	53.73
Enterprise Value to Operating Cash Flow (EV/OCF)	34.33	23.45	32.62	76.49	124.45	76.00	94.50	0.00	0.00	52.35	65.76
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	215.14	0.00	0.00	90.67	1,297.79	0.00	39.78	111.50	39.04	99.91
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.34	0.82	0.81	0.77	0.95	1.04	1.10	1.10	1.15
Long-Term Debt to Equity	0.00	0.00	0.32	0.81	0.81	0.77	0.90	1.04	1.09	1.10	1.15
Financial Leverage	-0.28	-0.27	-0.08	0.41	0.66	0.66	0.71	0.81	0.91	0.93	0.94
Leverage Ratio	1.20	1.18	1.37	1.86	2.10	2.10	2.27	2.51	2.66	2.75	2.83
Compound Leverage Factor	1.25	1.42	1.18	0.81	-1.47	0.22	56.27	-18.82	-12.88	-22.50	-0.74
Debt to Total Capital	0.00%	0.00%	25.51%	44.97%	44.75%	43.63%	48.81%	51.04%	52.30%	52.42%	53.45%
Short-Term Debt to Total Capital	0.00%	0.00%	1.63%	0.26%	0.23%	0.23%	2.74%	0.27%	0.27%	0.25%	0.03%
Long-Term Debt to Total Capital	0.00%	0.00%	23.89%	44.71%	44.52%	43.40%	46.06%	50.77%	52.03%	52.17%	53.42%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	74.49%	55.03%	55.25%	56.37%	51.19%	48.96%	47.70%	47.58%	46.55%
Debt to EBITDA	0.00	0.00	2.40	12.59	8.17	6.48	15.65	12.08	12.21	12.07	5.97
Net Debt to EBITDA	0.00	0.00	0.48	10.33	6.62	5.48	12.56	9.96	10.67	9.78	4.96
Long-Term Debt to EBITDA	0.00	0.00	2.25	12.52	8.13	6.45	14.77	12.01	12.15	12.02	5.96
Debt to NOPAT	0.00	0.00	5.60	27.31	34.18	12.40	183.41	55.17	71.82	77.22	11.66
Net Debt to NOPAT	0.00	0.00	1.12	22.39	27.70	10.48	147.15	45.49	62.75	62.56	9.69
Long-Term Debt to NOPAT	0.00	0.00	5.25	27.15	34.01	12.34	173.10	54.89	71.45	76.86	11.65
Altman Z-Score	8.57	8.77	4.91	1.96	3.03	2.81	1.81	1.67	1.32	1.57	2.25
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	5.14	5.59	4.89	4.18	5.19	4.15	3.88	5.51	4.98	4.85	4.34
Quick Ratio	2.73	3.28	2.88	2.13	2.69	1.98	1.82	2.52	2.19	2.30	2.09
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-0.24	1.25	-99	-231	14	0.93	-106	27	6.83	25	15
Operating Cash Flow to CapEx	188.35%	327.85%	318.15%	162.89%	170.77%	196.07%	168.79%	0.00%	-48.09%	0.00%	198.75%
Free Cash Flow to Firm to Interest Expense	-1.35	0.00	-32.41	-47.36	0.86	0.06	-6.34	1.58	0.37	1.00	0.39
Operating Cash Flow to Interest Expense	46.39	0.00	6.48	2.21	0.63	1.06	0.74	-0.15	-0.28	0.74	0.59
Operating Cash Flow Less CapEx to Interest Expense	21.76	0.00	4.44	0.85	0.26	0.52	0.30	0.20	-0.87	0.92	0.29
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.82	0.82	0.73	0.42	0.45	0.47	0.36	0.38	0.40	0.46	0.49
Accounts Receivable Turnover	7.03	5.89	6.36	4.65	5.11	5.15	4.84	5.59	4.91	4.93	4.86
Inventory Turnover	4.74	4.03	0.00	1.67	1.95	1.89	1.36	1.35	1.47	1.60	1.73
Fixed Asset Turnover	11.97	12.42	12.03	7.28	8.14	8.74	7.76	8.47	8.24	9.19	10.39
Accounts Payable Turnover	12.36	12.14	0.00	7.87	10.38	10.75	8.80	10.12	9.93	9.86	8.93
Days Sales Outstanding (DSO)	51.95	61.96	57.44	78.44	71.43	70.89	75.39	65.26	74.26	74.09	75.17
Days Inventory Outstanding (DIO)	77.00	90.56	0.00	218.12	187.18	192.96	269.36	270.19	248.41	228.74	211.21
Days Payable Outstanding (DPO)	29.54	30.05	0.00	46.36	35.16	33.96	41.48	36.06	36.74	37.02	40.86
Cash Conversion Cycle (CCC)	99.41	122.47	57.44	250.20	223.45	229.89	303.28	299.40	285.93	265.81	245.52
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	109	112	223	463	456	473	580	559	557	536	548
Invested Capital Turnover	1.37	1.32	1.08	0.55	0.57	0.60	0.48	0.52	0.56	0.65	0.72
Increase / (Decrease) in Invested Capital	7.67	2.41	111	239	-7.04	17	108	-21	-2.49	-21	13
Enterprise Value (EV)	279	268	643	826	1,230	1,203	1,169	1,059	761	985	1,462
Market Capitalization	313	307	629	641	1,049	1,016	917	800	489	734	1,198
Book Value per Share	$5.32	$5.46	$6.36	$8.28	$7.44	$7.62	$8.46	$7.65	$7.05	$6.86	$6.59
Tangible Book Value per Share	$4.15	$4.36	$1.95	($2.71)	($2.00)	($1.57)	($4.08)	($3.83)	($3.52)	($3.36)	($2.89)
Total Capital	149	155	281	503	498	507	642	614	596	592	593
Total Debt	0.00	0.00	72	226	223	221	313	313	312	310	317
Total Long-Term Debt	0.00	0.00	67	225	222	220	296	312	310	309	317
Net Debt	-34	-38	14	186	181	187	251	258	272	251	264
Capital Expenditures (CapEx)	4.31	3.49	6.20	6.63	5.79	8.07	7.33	-5.91	11	-4.50	11
Debt-free, Cash-free Net Working Capital (DFCFNWC)	51	52	64	97	104	109	130	149	160	165	170
Debt-free Net Working Capital (DFNWC)	85	90	122	138	146	143	192	204	199	224	223
Net Working Capital (NWC)	85	90	117	136	145	142	174	203	198	223	223
Net Nonoperating Expense (NNE)	0.11	-0.35	1.99	4.59	9.36	16	18	21	24	35	41
Net Nonoperating Obligations (NNO)	-39	-43	14	186	181	187	251	258	272	254	272
Total Depreciation and Amortization (D&A)	6.03	5.86	8.38	9.75	18	18	21	24	22	23	24
Debt-free, Cash-free Net Working Capital to Revenue	35.36%	35.39%	35.68%	51.07%	39.40%	39.48%	51.25%	49.98%	50.96%	46.70%	43.75%
Debt-free Net Working Capital to Revenue	59.04%	61.73%	67.46%	72.55%	55.47%	51.90%	75.72%	68.39%	63.50%	63.35%	57.51%
Net Working Capital to Revenue	59.04%	61.73%	64.94%	71.87%	55.03%	51.48%	68.76%	67.84%	62.99%	62.94%	57.46%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.26	$0.14	$0.33	$0.11	($0.08)	$0.05	($0.44)	($0.38)	($0.48)	($0.75)	($0.32)
Adjusted Weighted Average Basic Shares Outstanding	27.38M	27.74M	31.86M	33.01M	36.41M	37.12M	37.86M	38.98M	40.03M	40.74M	41.68M
Adjusted Diluted Earnings per Share	$0.25	$0.14	$0.32	$0.11	($0.08)	$0.05	($0.44)	($0.38)	($0.48)	($0.75)	($0.32)
Adjusted Weighted Average Diluted Shares Outstanding	28.31M	28.54M	32.82M	34.16M	36.41M	37.86M	37.86M	38.98M	40.03M	40.74M	41.68M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	28.21M	32.25M	32.98M	36.49M	37.02M	39.08M	38.96M	40.12M	40.56M	41.23M	42.05M
Normalized Net Operating Profit after Tax (NOPAT)	7.44	3.65	13	5.58	6.52	12	1.71	-5.46	4.34	-5.96	27
Normalized NOPAT Margin	5.14%	2.50%	7.08%	2.94%	2.48%	4.32%	0.67%	-1.83%	1.38%	-1.68%	7.00%
Pre Tax Income Margin	6.02%	4.02%	10.21%	1.88%	-2.43%	0.60%	-6.78%	-4.96%	-4.78%	-6.10%	-1.93%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	47.42	0.00	7.03	1.69	0.58	1.06	-0.04	0.12	0.17	0.10	0.76
NOPAT to Interest Expense	42.49	0.00	4.20	1.70	0.41	1.20	0.10	0.34	0.24	0.16	0.72
EBIT Less CapEx to Interest Expense	22.79	0.00	4.99	0.33	0.21	0.52	-0.48	0.47	-0.42	0.28	0.47
NOPAT Less CapEx to Interest Expense	17.86	0.00	2.16	0.34	0.05	0.66	-0.34	0.69	-0.35	0.34	0.42
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	45.00%	85.09%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	121.32%	85.09%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Artivion's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	6.41%	0.01%	7.79%	11.09%	14.34%	17.98%	17.06%	9.82%	9.02%	3.88%
EBITDA Growth	-106.62%	163.21%	-61.59%	44.06%	215.84%	-20.99%	951.16%	24.06%	394.74%	-108.48%
EBIT Growth	-127.79%	130.52%	-292.81%	345.40%	59.38%	-38.80%	924.78%	60.86%	314.68%	-237.66%
NOPAT Growth	-114.69%	141.82%	-336.00%	69.02%	69.70%	-18.77%	651.97%	-15.22%	452.65%	-15.86%
Net Income Growth	-229.59%	110.79%	-299.29%	20.59%	28.53%	-283.26%	155.67%	37.29%	76.66%	-314.67%
EPS Growth	-230.77%	110.00%	-312.50%	27.27%	29.41%	-300.00%	154.55%	37.50%	79.17%	-300.00%
Operating Cash Flow Growth	236.68%	-130.31%	-929.10%	183.10%	81.89%	5,094.47%	10.74%	-11.20%	58.39%	-6.45%
Free Cash Flow Firm Growth	2,317.21%	-63.74%	-141.06%	-49.40%	-102.04%	349.07%	457.47%	-153.04%	-3,865.64%	-145.69%
Invested Capital Growth	-7.71%	-0.44%	0.27%	-1.55%	-0.01%	-3.81%	-0.04%	2.19%	6.90%	2.35%
Revenue Q/Q Growth	-4.36%	3.33%	4.83%	7.24%	-1.57%	6.62%	4.02%	0.60%	-2.29%	1.60%
EBITDA Q/Q Growth	-135.20%	723.31%	-79.76%	224.44%	-71.70%	325.15%	169.27%	-61.71%	12.86%	-107.29%
EBIT Q/Q Growth	-1,107.39%	210.54%	-133.75%	218.50%	-191.88%	266.56%	354.84%	-76.89%	22.61%	-206.81%
NOPAT Q/Q Growth	-190.42%	195.11%	-198.87%	298.78%	-116.21%	354.98%	571.86%	-69.47%	-32.58%	-39.16%
Net Income Q/Q Growth	-221.98%	115.82%	-723.88%	75.01%	-189.80%	59.44%	289.51%	-128.16%	-7.87%	-620.41%
EPS Q/Q Growth	-209.09%	114.71%	-760.00%	75.76%	-200.00%	58.33%	280.00%	-127.78%	0.00%	-700.00%
Operating Cash Flow Q/Q Growth	147.82%	-105.46%	-2,735.94%	212.27%	4.68%	49.86%	-150.68%	211.69%	86.72%	-11.49%
Free Cash Flow Firm Q/Q Growth	49.92%	-87.37%	-181.11%	429.44%	-106.05%	2,877.84%	-41.16%	-148.88%	-352.31%	68.00%
Invested Capital Q/Q Growth	-4.37%	5.20%	0.70%	-2.81%	-2.87%	1.19%	5.10%	-0.64%	1.60%	-3.12%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	63.44%	64.09%	64.55%	65.08%	64.05%	65.22%	64.61%	64.60%	63.70%	63.20%
EBITDA Margin	-2.93%	17.65%	3.41%	10.31%	2.96%	11.82%	30.60%	11.65%	13.45%	-0.97%
Operating Margin	-5.34%	5.20%	-4.64%	8.60%	-1.42%	3.39%	25.98%	6.64%	4.58%	2.74%
EBIT Margin	-10.11%	10.81%	-3.48%	3.85%	-3.59%	5.61%	24.53%	5.64%	7.07%	-7.43%
Profit (Net Income) Margin	-17.85%	2.73%	-16.26%	-3.79%	-11.16%	-4.24%	7.73%	-2.16%	-2.39%	-16.94%
Tax Burden Percent	109.42%	66.19%	151.72%	127.29%	104.06%	672.59%	58.94%	87.39%	180.73%	99.28%
Interest Burden Percent	161.35%	38.17%	307.76%	-77.37%	298.54%	-11.25%	53.47%	-43.94%	-18.69%	229.50%
Effective Tax Rate	0.00%	33.81%	0.00%	0.00%	0.00%	0.00%	41.06%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-2.13%	1.94%	-1.85%	3.60%	-0.64%	1.54%	10.06%	3.18%	2.25%	1.38%
ROIC Less NNEP Spread (ROIC-NNEP)	-6.17%	1.72%	-5.85%	0.33%	-4.00%	-0.82%	7.35%	0.63%	0.19%	-5.61%
Return on Net Nonoperating Assets (RNNOA)	-5.84%	1.56%	-5.49%	0.31%	-4.03%	-0.76%	6.99%	0.57%	0.17%	-5.28%
Return on Equity (ROE)	-7.97%	3.50%	-7.35%	3.91%	-4.67%	0.78%	17.04%	3.75%	2.42%	-3.90%
Cash Return on Invested Capital (CROIC)	7.09%	1.22%	-0.19%	2.05%	0.89%	4.62%	-525.87%	-151.13%	-7.39%	2.70%
Operating Return on Assets (OROA)	-4.06%	4.36%	-1.45%	1.64%	-1.61%	2.55%	11.72%	2.71%	3.45%	-3.65%
Return on Assets (ROA)	-7.17%	1.10%	-6.76%	-1.61%	-5.00%	-1.93%	3.69%	-1.04%	-1.17%	-8.32%
Return on Common Equity (ROCE)	-7.97%	3.50%	-7.35%	3.91%	-4.67%	0.78%	17.04%	3.75%	2.42%	-3.90%
Return on Equity Simple (ROE_SIMPLE)	-16.25%	0.00%	-10.48%	-10.07%	-9.03%	0.00%	-3.26%	-2.83%	-0.28%	0.00%
Net Operating Profit after Tax (NOPAT)	-2.87	2.73	-2.70	5.37	-0.87	2.22	15	4.55	3.07	1.87
NOPAT Margin	-3.74%	3.44%	-3.25%	6.02%	-0.99%	2.37%	15.31%	4.65%	3.21%	1.92%
Net Nonoperating Expense Percent (NNEP)	4.04%	0.21%	3.99%	3.28%	3.36%	2.36%	2.70%	2.55%	2.07%	6.98%
Return On Investment Capital (ROIC_SIMPLE)	-	0.46%	-	-	-	0.38%	-	-	-	0.31%
Cost of Revenue to Revenue	36.56%	35.91%	35.45%	34.92%	35.95%	34.78%	35.39%	35.40%	36.30%	36.80%
SG&A Expenses to Revenue	53.43%	48.43%	60.51%	64.13%	58.16%	53.68%	31.50%	50.32%	52.22%	52.85%
R&D to Revenue	15.36%	10.46%	8.68%	8.31%	7.31%	8.16%	7.13%	7.65%	6.90%	7.61%
Operating Expenses to Revenue	68.78%	58.89%	69.19%	56.48%	65.47%	61.84%	38.63%	57.97%	59.12%	60.46%
Earnings before Interest and Taxes (EBIT)	-7.77	8.59	-2.90	3.43	-3.16	5.26	24	5.52	6.77	-7.23
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-2.25	14	2.84	9.20	2.60	11	30	11	13	-0.94
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.19	1.72	1.90	2.49	2.29	2.60	2.94	3.63	3.66	4.34
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.78	1.56	1.66	2.14	1.83	2.07	2.36	2.84	2.90	3.08
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.57	1.37	1.45	1.77	1.66	1.84	2.02	2.39	2.43	2.67
Enterprise Value to Revenue (EV/Rev)	2.65	2.43	2.54	2.94	2.59	2.78	3.08	3.53	3.58	3.76
Enterprise Value to EBITDA (EV/EBITDA)	0.00	29.81	38.69	40.54	30.69	38.32	21.52	24.27	21.11	27.50
Enterprise Value to EBIT (EV/EBIT)	0.00	246.10	0.00	712.17	147.37	373.82	38.52	42.26	33.20	50.48
Enterprise Value to NOPAT (EV/NOPAT)	0.00	175.36	1,647.72	359.19	187.50	245.16	0.00	0.00	0.00	53.73
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	213.78	113.18	52.35	58.20	71.20	60.00	65.76
Enterprise Value to Free Cash Flow (EV/FCFF)	21.27	111.50	0.00	85.69	186.43	39.04	0.00	0.00	0.00	99.91
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.22	1.10	1.11	1.10	1.14	1.10	1.07	1.07	1.04	1.15
Long-Term Debt to Equity	1.22	1.09	1.11	1.10	1.14	1.10	1.07	1.07	0.71	1.15
Financial Leverage	0.95	0.91	0.94	0.95	1.01	0.93	0.95	0.91	0.90	0.94
Leverage Ratio	2.76	2.66	2.67	2.74	2.88	2.75	2.68	2.71	2.74	2.83
Compound Leverage Factor	4.45	1.02	8.20	-2.12	8.60	-0.31	1.43	-1.19	-0.51	6.50
Debt to Total Capital	54.99%	52.30%	52.67%	52.41%	53.32%	52.42%	51.76%	51.77%	51.00%	53.45%
Short-Term Debt to Total Capital	0.28%	0.27%	0.27%	0.26%	0.27%	0.25%	0.04%	0.04%	16.03%	0.03%
Long-Term Debt to Total Capital	54.72%	52.03%	52.39%	52.15%	53.06%	52.17%	51.72%	51.73%	34.97%	53.42%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	45.01%	47.70%	47.33%	47.59%	46.68%	47.58%	48.24%	48.23%	49.00%	46.55%
Debt to EBITDA	-29.28	12.21	14.84	13.07	10.84	12.07	6.01	5.77	4.87	5.97
Net Debt to EBITDA	-25.75	10.67	13.38	11.02	8.98	9.78	5.04	4.77	4.00	4.96
Long-Term Debt to EBITDA	-29.13	12.15	14.76	13.01	10.79	12.02	6.00	5.76	3.34	5.96
Debt to NOPAT	-61.26	71.82	632.06	115.80	66.25	77.22	-0.11	-0.39	-80.42	11.66
Net Debt to NOPAT	-53.88	62.75	569.62	97.65	54.84	62.56	-0.09	-0.32	-66.18	9.69
Long-Term Debt to NOPAT	-60.96	71.45	628.78	115.22	65.92	76.86	-0.11	-0.39	-55.14	11.65
Altman Z-Score	1.35	1.34	1.33	1.55	1.42	1.58	1.92	2.08	1.97	2.10
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	5.17	4.98	5.47	4.69	4.86	4.85	6.04	5.63	1.88	4.34
Quick Ratio	2.23	2.19	2.22	2.10	2.22	2.30	2.79	2.65	0.88	2.09
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	41	5.22	-4.23	14	-0.84	23	15	-7.40	-33	-11
Operating Cash Flow to CapEx	138.58%	-5.72%	-216.46%	318.09%	349.71%	406.07%	-152.12%	244.13%	314.78%	711.51%
Free Cash Flow to Firm to Interest Expense	8.60	0.97	-0.69	2.19	-0.13	3.75	1.32	-0.89	-3.98	-1.10
Operating Cash Flow to Interest Expense	0.83	-0.04	-1.01	1.09	1.10	1.74	-0.48	0.74	1.36	1.04
Operating Cash Flow Less CapEx to Interest Expense	0.23	-0.75	-1.48	0.75	0.78	1.31	-0.79	0.44	0.93	0.89
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.40	0.40	0.42	0.43	0.45	0.46	0.48	0.48	0.49	0.49
Accounts Receivable Turnover	5.22	4.91	5.06	4.88	5.10	4.93	5.14	5.09	5.26	4.86
Inventory Turnover	1.46	1.47	1.50	1.54	1.59	1.60	1.64	1.67	1.68	1.73
Fixed Asset Turnover	8.57	8.24	8.40	8.81	9.22	9.19	9.63	9.94	10.17	10.39
Accounts Payable Turnover	10.94	9.93	12.22	11.17	11.21	9.86	13.08	12.02	12.43	8.93
Days Sales Outstanding (DSO)	69.92	74.26	72.07	74.84	71.61	74.09	71.02	71.75	69.34	75.17
Days Inventory Outstanding (DIO)	249.37	248.41	243.52	237.75	229.46	228.74	222.12	217.98	217.78	211.21
Days Payable Outstanding (DPO)	33.36	36.74	29.87	32.68	32.55	37.02	27.91	30.36	29.36	40.86
Cash Conversion Cycle (CCC)	285.92	285.93	285.72	279.91	268.52	265.81	265.23	259.37	257.76	245.52
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	529	557	561	545	529	536	560	557	566	548
Invested Capital Turnover	0.57	0.56	0.57	0.60	0.64	0.65	0.66	0.68	0.70	0.72
Increase / (Decrease) in Invested Capital	-44	-2.49	1.53	-8.58	-0.03	-21	-0.22	12	37	13
Enterprise Value (EV)	832	761	812	965	879	985	1,134	1,332	1,376	1,462
Market Capitalization	558	489	531	703	622	734	869	1,070	1,115	1,198
Book Value per Share	$6.33	$7.05	$6.90	$6.91	$6.63	$6.86	$7.14	$7.07	$7.27	$6.59
Tangible Book Value per Share	($3.94)	($3.52)	($3.61)	($3.43)	($3.49)	($3.36)	($2.86)	($2.72)	($2.59)	($2.89)
Total Capital	567	596	591	594	583	592	612	612	622	593
Total Debt	312	312	311	311	311	310	317	317	317	317
Total Long-Term Debt	310	310	310	310	309	309	316	316	217	317
Net Debt	274	272	281	262	257	251	265	262	261	264
Capital Expenditures (CapEx)	2.87	3.79	2.84	2.17	2.07	2.67	3.61	2.51	3.64	1.43
Debt-free, Cash-free Net Working Capital (DFCFNWC)	156	160	168	160	160	165	180	180	179	170
Debt-free Net Working Capital (DFNWC)	194	199	198	209	214	224	231	235	235	223
Net Working Capital (NWC)	192	198	197	208	212	223	231	234	135	223
Net Nonoperating Expense (NNE)	11	0.56	11	8.75	8.93	6.20	7.39	6.68	5.36	18
Net Nonoperating Obligations (NNO)	274	272	281	262	257	254	265	262	261	272
Total Depreciation and Amortization (D&A)	5.52	5.43	5.73	5.77	5.76	5.82	5.91	5.89	6.11	6.30
Debt-free, Cash-free Net Working Capital to Revenue	49.71%	50.96%	52.40%	48.81%	47.16%	46.70%	48.91%	47.65%	46.41%	43.75%
Debt-free Net Working Capital to Revenue	61.69%	63.50%	62.02%	63.65%	62.90%	63.35%	62.80%	62.25%	61.01%	57.51%
Net Working Capital to Revenue	61.19%	62.99%	61.51%	63.18%	62.45%	62.94%	62.72%	62.17%	35.11%	57.46%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.34)	$0.05	($0.33)	($0.08)	($0.24)	($0.10)	$0.18	($0.05)	($0.05)	($0.40)
Adjusted Weighted Average Basic Shares Outstanding	40.12M	40.03M	40.43M	40.76M	40.88M	40.74M	41.29M	41.68M	41.84M	41.68M
Adjusted Diluted Earnings per Share	($0.34)	$0.05	($0.33)	($0.08)	($0.24)	($0.10)	$0.18	($0.05)	($0.05)	($0.40)
Adjusted Weighted Average Diluted Shares Outstanding	40.12M	40.03M	40.43M	40.76M	40.88M	40.74M	47.89M	41.68M	41.84M	41.68M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	40.33M	40.56M	40.88M	41.04M	41.05M	41.23M	41.73M	41.89M	41.92M	42.05M
Normalized Net Operating Profit after Tax (NOPAT)	-2.87	2.73	-2.70	-4.60	-0.87	2.22	15	4.55	3.07	1.87
Normalized NOPAT Margin	-3.74%	3.44%	-3.25%	-5.16%	-0.99%	2.37%	15.31%	4.65%	3.21%	1.92%
Pre Tax Income Margin	-16.31%	4.13%	-10.72%	-2.98%	-10.72%	-0.63%	13.12%	-2.48%	-1.32%	-17.06%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-1.62	1.60	-0.48	0.54	-0.48	0.84	2.08	0.67	0.81	-0.74
NOPAT to Interest Expense	-0.60	0.51	-0.44	0.85	-0.13	0.36	1.30	0.55	0.37	0.19
EBIT Less CapEx to Interest Expense	-2.21	0.89	-0.94	0.20	-0.79	0.41	1.77	0.36	0.37	-0.89
NOPAT Less CapEx to Interest Expense	-1.20	-0.20	-0.91	0.50	-0.45	-0.07	0.98	0.25	-0.07	0.05
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About Artivion's Financials

When does Artivion's financial year end?

According to the most recent income statement we have on file, Artivion's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Artivion's net income changed over the last 10 years?

Artivion's net income appears to be on an upward trend, with a most recent value of -$13.36 million in 2024, falling from $7.32 million in 2014. The previous period was -$30.69 million in 2023.

What is Artivion's operating income?

Artivion's total operating income in 2024 was $38.87 million, based on the following breakdown:

Total Gross Profit: $248.78 million
Total Operating Expenses: $209.91 million

How has Artivion revenue changed over the last 10 years?

Over the last 10 years, Artivion's total revenue changed from $144.64 million in 2014 to $388.54 million in 2024, a change of 168.6%.

How much debt does Artivion have?

Artivion's total liabilities were at $512.90 million at the end of 2024, a 0.4% increase from 2023, and a 1,767.0% increase since 2014.

How much cash does Artivion have?

In the past 10 years, Artivion's cash and equivalents has ranged from $33.38 million in 2014 to $61.41 million in 2020, and is currently $53.46 million as of their latest financial filing in 2024.

How has Artivion's book value per share changed over the last 10 years?

Over the last 10 years, Artivion's book value per share changed from 5.32 in 2014 to 6.59 in 2024, a change of 23.8%.

Remove Ads

Related Companies

This page (NYSE:AORT) was last updated on 4/16/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Artivion (AORT) Financials

Frequently Asked Questions About Artivion's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Artivion (AORT) Financials

Annual Income Statements for Artivion

Quarterly Income Statements for Artivion

Annual Cash Flow Statements for Artivion

Quarterly Cash Flow Statements for Artivion

Annual Balance Sheets for Artivion

Quarterly Balance Sheets for Artivion

Annual Metrics and Ratios for Artivion

Quarterly Metrics and Ratios for Artivion

Frequently Asked Questions About Artivion's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools