# Lemaitre Vascular Inc. (LMAT)

**Exchange:** NASDAQ  
**Sector:** Healthcare  
**Market cap:** $2.09B  
**Price:** $92.33 (-0.01%)

> LeMaitre Vascular Inc. develops, manufactures, and markets specialized medical devices and implants designed for vascular surgery and the treatment of peripheral vascular disease. The company offers a comprehensive portfolio of products across six key categories: aortic, arteriovenous access, cardiac, carotid, lower extremity, and neuro applications. Its product lines include allografts—cryopreserved human tissue grafts used in vascular reconstruction—embolectomy catheters for removing blood clots from arteries, thrombectomy catheters for venous thrombi removal, and various synthetic and biologic grafts and patches. LeMaitre also provides human tissue cryopreservation services. The company distributes its products globally through direct sales to hospitals in over 25 countries and through distributors in more than 70 countries across North America, Europe, and Asia-Pacific. Founded in 1986 and headquartered in Burlington, Massachusetts, LeMaitre serves vascular surgeons performing both open surgical procedures and minimally invasive interventions, with the majority of its revenue generated from the United States market.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $250M | $179M | $68M | $58M | $2.52 |
| 2024 | $220M | $151M | $52M | $44M | $1.93 |
| 2023 | $193M | $127M | $37M | $30M | $1.34 |
| 2022 | $162M | $105M | $30M | $21M | $0.93 |
| 2021 | $154M | $101M | $36M | $27M | $1.25 |
| 2020 | $129M | $85M | $28M | $21M | $1.04 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $616M | $222M | $394M | $28M | $183M |
| 2024 | $552M | $215M | $337M | $26M | $183M |
| 2023 | $347M | $49M | $298M | $24M | $17M |
| 2022 | $310M | $42M | $268M | $19M | $15M |
| 2021 | $293M | $39M | $254M | $14M | $14M |
| 2020 | $253M | $80M | $173M | $27M | $50M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $73M | -$7M | $74M |
| 2024 | $42M | -$7M | $37M |
| 2023 | $37M | -$7M | $29M |
| 2022 | $24M | -$2M | $22M |
| 2021 | $33M | -$5M | $30M |
| 2020 | $33M | -$959,000 | $32M |

Source: [CompaniesByCap](https://companiesbycap.com/company/LMAT)