Stocks · Health care · Surgical & Medical Instruments & Apparatus

Orthofix Medical Inc.

OFIX Clue Score58
United States Fiscal year ends December CIK 0000884624
$9.17 +1.89% Close, 9 Oct 2026
Price $9.17 −74.90% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue409.8Operating income21.1Net income3.1EPS, diluted0.17Fiscal year 2017Revenue433.8 +5.9%Operating income40.8Net income6.2 +103.6%EPS, diluted0.34Fiscal year 2018Revenue453.0 +4.4%Operating income30.1Net income13.8 +121.9%EPS, diluted0.72Fiscal year 2019Revenue460.0 +1.5%Operating income−18.8Net income−28.5 −306.1%EPS, diluted−1.51Fiscal year 2020Revenue406.6 −11.6%Operating income−6.3Net income2.5EPS, diluted0.13Fiscal year 2021Revenue464.5 +14.2%Operating income−8.3Net income−38.4 −1,624.8%EPS, diluted−1.95Fiscal year 2022Revenue460.7 −0.8%Operating income−13.3Net income−19.7EPS, diluted−0.98Fiscal year 2023Revenue746.6 +62.1%Operating income−139.1Net income−151.4EPS, diluted−4.12Fiscal year 2024Revenue799.5 +7.1%Operating income−84.6Net income−126.0EPS, diluted−3.30Fiscal year 2025Revenue822.3 +2.9%Operating income−81.4Net income−92.2EPS, diluted−2.33
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 409.8 433.8 453.0 460.0 406.6 464.5 460.7 746.6 799.5 822.3
Growth +5.9% +4.4% +1.5% −11.6% +14.2% −0.8% +62.1% +7.1% +2.9%
Operating income 21.1 40.8 30.1 −18.8 −6.3 −8.3 −13.3 −139.1 −84.6 −81.4
Net income 3.1 6.2 13.8 −28.5 2.5 −38.4 −19.7 −151.4 −126.0 −92.2
Growth +103.6% +121.9% −306.1% −1,624.8%
EPS, diluted 0.17 0.34 0.72 −1.51 0.13 −1.95 −0.98 −4.12 −3.30 −2.33

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin78.6%Operating margin5.1%Net margin0.7%Free cash flow margin10.4%Fiscal year 2017Gross margin78.6%Operating margin9.4%Net margin1.4%Free cash flow margin5.6%Fiscal year 2018Gross margin78.7%Operating margin6.6%Net margin3.0%Free cash flow margin8.0%Fiscal year 2019Gross margin78.1%Operating margin−4.1%Net margin−6.2%Free cash flow margin2.8%Fiscal year 2020Gross margin74.9%Operating margin−1.5%Net margin0.6%Free cash flow margin14.5%Fiscal year 2021Gross margin75.3%Operating margin−1.8%Net margin−8.3%Free cash flow margin0.1%Fiscal year 2022Gross margin73.2%Operating margin−2.9%Net margin−4.3%Free cash flow margin−7.1%Fiscal year 2023Gross margin65.1%Operating margin−18.6%Net margin−20.3%Free cash flow margin−14.2%Fiscal year 2024Gross margin68.3%Operating margin−10.6%Net margin−15.8%Free cash flow margin−1.1%Fiscal year 2025Gross margin68.8%Operating margin−9.9%Net margin−11.2%Free cash flow margin−0.2%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 78.6% 78.6% 78.7% 78.1% 74.9% 75.3% 73.2% 65.1% 68.3% 68.8%
Operating margin 5.1% 9.4% 6.6% −4.1% −1.5% −1.8% −2.9% −18.6% −10.6% −9.9%
Net margin 0.7% 1.4% 3.0% −6.2% 0.6% −8.3% −4.3% −20.3% −15.8% −11.2%
Free cash flow margin 10.4% 5.6% 8.0% 2.8% 14.5% 0.1% −7.1% −14.2% −1.1% −0.2%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow59.1Capital expenditure−16.4Free cash flow42.6Buybacks−63.4Fiscal year 2017Operating cash flow39.0Capital expenditure−14.7Free cash flow24.3 −43.0%Fiscal year 2018Operating cash flow49.9Capital expenditure−13.6Free cash flow36.3 +49.4%Fiscal year 2019Operating cash flow32.0Capital expenditure−19.0Free cash flow13.0 −64.1%Fiscal year 2020Operating cash flow74.3Capital expenditure−15.5Free cash flow58.8 +351.0%Fiscal year 2021Operating cash flow18.5Capital expenditure−17.8Free cash flow0.7 −98.8%Fiscal year 2022Operating cash flow−11.5Capital expenditure−21.4Free cash flow−32.9 −4,868.4%Fiscal year 2023Operating cash flow−45.8Capital expenditure−60.3Free cash flow−106.0Fiscal year 2024Operating cash flow25.8Capital expenditure−34.9Free cash flow−9.1Fiscal year 2025Operating cash flow33.3Capital expenditure−34.6Free cash flow−1.3
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 59.1 39.0 49.9 32.0 74.3 18.5 −11.5 −45.8 25.8 33.3
Capital expenditure −16.4 −14.7 −13.6 −19.0 −15.5 −17.8 −21.4 −60.3 −34.9 −34.6
Free cash flow 42.6 24.3 36.3 13.0 58.8 0.7 −32.9 −106.0 −9.1 −1.3
Growth −43.0% +49.4% −64.1% +351.0% −98.8% −4,868.4%
Buybacks −63.4 n/a n/a n/a n/a n/a n/a n/a n/a n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash39.6Shareholders’ equity263.5Fiscal year 2017Cash81.2Shareholders’ equity296.6Fiscal year 2018Cash69.6Shareholders’ equity335.4Fiscal year 2019Cash69.7Shareholders’ equity327.6Fiscal year 2020Cash96.3Shareholders’ equity356.9Fiscal year 2021Cash87.8Shareholders’ equity336.9Fiscal year 2022Cash50.7Shareholders’ equity336.9Fiscal year 2023Cash33.1Total debt94.4Net cash (debt)−61.3Shareholders’ equity598.7Debt to equity0.16Fiscal year 2024Cash83.2Total debt157.0Net cash (debt)−73.8Shareholders’ equity503.1Debt to equity0.31Fiscal year 2025Cash82.0Total debt157.4Net cash (debt)−75.4Shareholders’ equity450.0Debt to equity0.35
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 39.6 81.2 69.6 69.7 96.3 87.8 50.7 33.1 83.2 82.0
Total debt n/a n/a n/a n/a n/a n/a n/a 94.4 157.0 157.4
Net cash (debt) n/a n/a n/a n/a n/a n/a n/a −61.3 −73.8 −75.4
Shareholders’ equity 263.5 296.6 335.4 327.6 356.9 336.9 336.9 598.7 503.1 450.0
Debt to equity n/a n/a n/a n/a n/a n/a n/a 0.16 0.31 0.35

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023† 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
409.8 433.8 453.0 460.0 406.6 464.5 460.7 746.6 799.5 822.3
Growth +5.9% +4.4% +1.5% −11.6% +14.2% −0.8% +62.1% +7.1% +2.9%
87.9 93.0 96.6 100.6 101.9 114.9 123.5 260.4 253.6 256.3
321.9 340.8 356.4 359.3 304.7 349.6 337.2 486.3 545.9 566.0
Growth +5.9% +4.6% +0.8% −15.2% +14.7% −3.5% +44.2% +12.3% +3.7%
28.8 29.7 33.2 34.6 39.1 49.6 49.1 80.2 73.6 65.8
76.4 71.9 83.3 85.6 67.9 69.4 308.8 530.4 532.5 554.3
21.1 40.8 30.1 −18.8 −6.3 −8.3 −13.3 −139.1 −84.6 −81.4
Growth +93.7% −26.3% −162.4%
19.0 36.4 22.9 −27.0 −0.4 −13.5 −17.7 −148.7 −123.9 −90.8
15.5 29.1 9.1 1.4 −2.9 24.9 2.0 2.7 2.1 1.4
3.1 6.2 13.8 −28.5 2.5 −38.4 −19.7 −151.4 −126.0 −92.2
Growth +103.6% +121.9% −306.1% −1,624.8%
Per share
0.17 0.34 0.73 −1.51 0.13 −1.95 −0.98 −4.12 −3.30 −2.33
0.17 0.34 0.72 −1.51 0.13 −1.95 −0.98 −4.12 −3.30 −2.33
Growth +100.0% +111.8% −309.7% −1,600.0%
18.1 18.1 18.5 18.9 19.3 19.7 20.1 36.7 38.1 39.6
18.5 18.5 18.9 18.9 19.4 19.7 20.1 36.7 38.1 39.6
Growth +0.2% +2.2% −0.0% +2.6% +1.5% +1.8% +83.2% +3.8% +3.9%

† The diluted share count jumps at 2023, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 15.1% a year over five years.
  • Operating margin is down 8.4 points on five years ago, at -9.9%.
  • A net loss in 6 of 10 years on file.