Financial Analysis
Filing-based analysis. Market pricing is not included. Fundamentals from SEC filings; economic data from FRED and the BLS. About our data
Filing evidence summary
Mixed evidenceCoverage 5/5 core metricsOperating margin changed -13.2 percentage points from the prior annual period.
Backward-looking filed evidence under visible rules - not a rating, forecast or investment advice. Missing data is never scored.
Evidence signals
- Operating margin compressed
Operating margin changed -13.2 percentage points from the prior annual period.
Why this surfaced
Direction threshold: more than +1 percentage point constructive; below -1 point caution. Period end 2025-12-31.
- 3 filing risk checks flagged
Flagged areas: Solvency & liquidity.
Why this surfaced
The full financial analysis shows each value, threshold, and sector limitation.
- Revenue expanded
Latest reported annual revenue changed +6.7% from the prior reported annual observation.
Why this surfaced
Direction threshold: above +2% constructive; below -2% caution; otherwise monitor. This is not labeled one-year growth when filing periods have a gap. Period end 2025-12-31.
- Free cash flow turned positive
Latest reported free cash flow was $20M.
Why this surfaced
Free cash flow = operating cash flow minus capital expenditures; positive is supporting evidence, not a valuation conclusion. Period end 2025-12-31.
Core trend metrics
Hover a tile for its exact definition; the Statements tab carries per-cell filing citations.
Where to look next
Risk checks
- Solvency & liquidity
Financial movement
- Cash→ flat
- Long-term debt→ flat
- Inventory→ flat
- Receivables→ flat
- Current assets→ flat
Source & freshness
- Source
- SEC EDGAR XBRL
- Fetched
- 2026-09-06
- Latest period end
- 2025-12-31
- Filings
- EDGAR ↗
Reported segment mix
figures as filed · share of the filed sum · change vs the prior period in the same filing- Prevention And Recovery$1.14B50.6%+3.6% yoy
- Reconstructive Segment$1.11B49.4%+10.0% yoy
Members sum to the consolidated $2.25B for this period.
- United States$1.3B57.6%+4.0% yoy
- Foreign$953M42.4%+10.5% yoy
Members sum to the consolidated $2.25B for this period.
- Reconstructive Segment$317M53.8%+10.8% yoy
- Prevention And Recovery Segment$272M46.2%-0.2% yoy
Change is against the same quarter a year earlier, as reported in the same 10-Q.
Source: SEC DERA Financial Statement and Notes data sets. Dimensional XBRL facts on the business-segment, product/service and geographic axes; the engine keeps the accession of every figure. Descriptive and educational, not advice.
Peer percentiles
latest fiscal year ending 2025-12-31 · among 4,104 US-listed filers · 318 in Healthcare| Metric | Value | vs all filers | vs sector |
|---|---|---|---|
Revenue latest fiscal-year revenue as filed | $2.2B | 68thof 3,301 top third | 74thof 291 top third |
Revenue growth latest fiscal-year revenue vs the prior fiscal year | 6.7% | 51stof 3,135 middle third | 42ndof 277 middle third |
Gross margin gross profit ÷ revenue | 59.8% | 76thof 1,603 top third | 61stof 212 middle third |
Operating margin operating income ÷ revenue | -50.0% | 20thof 2,819 bottom third | 26thof 280 bottom third |
Net margin net income ÷ revenue | -52.7% | 18thof 3,263 bottom third | 25thof 290 bottom third |
Free-cash-flow margin (operating cash flow − |capex|) ÷ revenue | 0.9% | 37thof 2,679 middle third | 49thof 261 middle third |
Return on equity net income ÷ stockholders' equity (positive equity only) | -79.5% | 14thof 3,577 bottom third | 24thof 291 bottom third |
Interest coverage operating income ÷ interest expense (interest expense > 0) | -32.3× | 13thof 819 bottom third | 23rdof 76 bottom third |
Stock comp ÷ revenue stock-based compensation ÷ revenue · lower is ranked higher | 1.5% | 58thof 2,895 middle third | 70thof 272 top third |
Days sales outstanding receivables ÷ revenue × 365 · lower is ranked higher | 72 days | 25thof 2,398 bottom third | 25thof 266 bottom third |
Net debt ÷ operating cash flow net debt ÷ operating cash flow (OCF > 0) · lower is ranked higher | 5.8× | 22ndof 1,547 bottom third | 19thof 116 bottom third |
Cash-flow accrual ratio (net income − operating cash flow) ÷ average total assets · lower is ranked higher | -32.8% | 96thof 3,291 top third | 95thof 243 top third |
Balance-sheet accrual ratio change in net operating assets ÷ average net operating assets · lower is ranked higher | -33.1% | 88thof 2,805 top third | 87thof 213 top third |
Each filer's latest fiscal year as stored by the nightly crawl; fiscal year ends differ across the universe. A metric ranks only filers for which it is computable from filed facts. Ties split; a rank reads "better than N% of filers" in the metric's own direction. Descriptive and educational, not a rating.
Earnings quality
latest fiscal year ending 2025-12-31 · accruals and cash conversion as filedPer fiscal year from filed facts: cash conversion = operating cash flow / net income (net income > 0); cash-flow accrual ratio = (net income - operating cash flow) / average total assets; balance-sheet accrual ratio = change in net operating assets / average net operating assets, NOA = (assets - cash) - (liabilities - debt). Descriptive; a missing input yields a missing ratio. High accrual ratios and cash conversion well below one are the measures the accruals literature associates with less persistent earnings; they are screens to read the cash-flow statement with, not conclusions. The per-year series is part of Pro risk analysis.
Point-in-time ledger
first-reported vs latest filing · periods since 2020-01-01 · 34 changed periods, 20 largest shown| Line item | Period | First reported | Latest filing | Change | Filings |
|---|---|---|---|---|---|
| Depreciation and amortization DepreciationDepletionAndAmortization | quarter 2024-03-29 | $6.43M 10-Q 2024-05-02 | $73.4M 10-Q 2025-05-08 | +1041.4% | first · latest |
| Stock-based compensation ShareBasedCompensation | quarter 2024-03-29 | $1.25M 10-Q 2024-05-02 | $6.43M 10-Q 2025-05-08 | +416.6% | first · latest |
| Operating income OperatingIncomeLoss | quarter 2022-04-01 | $53.1M 10-Q 2022-05-10 | -$30.6M 10-Q 2023-05-04 | -157.7% | first · latest |
| Operating income OperatingIncomeLoss | fiscal year 2020-12-31 | $162M 10-K 2021-02-18 | -$66.2M 10-K 2023-03-01 | -140.8% | first · latest · 3 filings carry it |
| Operating income OperatingIncomeLoss | quarter 2021-10-01 | $64M 10-Q 2021-11-04 | -$16.1M 10-Q 2022-11-02 | -125.2% | first · latest |
| Operating income OperatingIncomeLoss | fiscal year 2021-12-31 | $257M 10-K 2022-02-22 | -$62.8M 10-K 2024-02-22 | -124.5% | first · latest · 3 filings carry it |
| Operating income OperatingIncomeLoss | quarter 2021-07-02 | $75.9M 10-Q 2021-07-28 | -$10.4M 10-Q 2022-08-04 | -113.6% | first · latest |
| Stock-based compensation ShareBasedCompensation | quarter 2023-03-31 | $7.61M 10-Q 2023-05-04 | $838K 10-Q 2024-05-02 | -89.0% | first · latest |
| Depreciation and amortization DepreciationDepletionAndAmortization | quarter 2023-03-31 | $52M 10-Q 2023-05-04 | $7.61M 10-Q 2024-05-02 | -85.4% | first · latest |
| Interest expense InterestExpense | quarter 2021-10-01 | $13.5M 10-Q 2021-11-04 | $4.12M 10-Q 2022-11-02 | -69.6% | first · latest |
| Interest expense InterestExpense | quarter 2021-07-02 | $17.8M 10-Q 2021-07-28 | $5.69M 10-Q 2022-08-04 | -68.0% | first · latest |
| Revenue RevenueFromContractWithCustomerExcludingAssessedTax | quarter 2021-04-02 | $879M 10-Q 2021-04-29 | $311M 10-K 2023-03-01 | -64.6% | first · latest · 3 filings carry it |
| Revenue RevenueFromContractWithCustomerExcludingAssessedTax | quarter 2021-07-02 | $986M 10-Q 2021-07-28 | $356M 10-K 2023-03-01 | -63.9% | first · latest · 3 filings carry it |
| Revenue RevenueFromContractWithCustomerExcludingAssessedTax | fiscal year 2020-12-31 | $3.07B 10-K 2021-02-18 | $1.12B 10-K 2023-03-01 | -63.5% | first · latest · 3 filings carry it |
| Revenue RevenueFromContractWithCustomerExcludingAssessedTax | quarter 2022-04-01 | $1.02B 10-Q 2022-05-10 | $375M 10-Q 2023-05-04 | -63.3% | first · latest · 3 filings carry it |
| Revenue RevenueFromContractWithCustomerExcludingAssessedTax | fiscal year 2021-12-31 | $3.85B 10-K 2022-02-22 | $1.43B 10-K 2024-02-22 | -63.0% | first · latest · 3 filings carry it |
| Revenue RevenueFromContractWithCustomerExcludingAssessedTax | quarter 2021-10-01 | $966M 10-Q 2021-11-04 | $360M 10-K 2023-03-01 | -62.7% | first · latest · 3 filings carry it |
| Receivables AccountsReceivableNetCurrent | balance at 2021-12-31 | $639M 10-K 2022-02-22 | $255M 10-K 2023-03-01 | -60.1% | first · latest · 5 filings carry it |
| Interest expense InterestExpense | fiscal year 2021-12-31 | $72.6M 10-K 2022-02-22 | $29.1M 10-K 2024-02-22 | -59.9% | first · latest · 3 filings carry it |
| Gross profit GrossProfit | quarter 2021-04-02 | $371M 10-Q 2021-04-29 | $171M 10-K 2023-03-01 | -53.8% | first · latest · 3 filings carry it |
10 share-count periods re-presented for a stock split (1-for-3) are listed apart from restatements and not counted above.
First filing reporting each period vs the latest filing carrying it (10-K and 10-Q only, periods since 2020, the extractor's winning tag per concept); a change under 0.5% is treated as rounding. A change can be a restatement, a reclassification or a re-tagging in a later comparative column; the two filings are linked so the reader can see which. Descriptive, not a verdict.
Notes by disclosure type
Not available for ENOV yet: no footnote text blocks on file for this filer in the ingested DERA files.
Fundamentals from SEC EDGAR. Scores, the DCF, and every model shown are educational analysis, not investment advice or price predictions.