15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 11.8% per year over the past 5 years.
Operating margin has expanded, at 7.6% in the latest year.
Free cash flow has declined 30.1% per year over the past 5 years.
Financial health
Total debt ($215M) exceeds cash ($65M); net debt is $150M.
Total debt has grown slower than revenue (-5.9% vs 11.8% per year).
Operating income covered interest expense 1.3× in the latest year.
Total debt is 3.8× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$441M
$10M
64.4%
7.6%
2.2%
1.1%
$839000
$215M
$65M
2024
$389M
-$13M
64.0%
10.0%
-4.8%
-1.7%
$11M
$314M
$53M
2023
$354M
-$31M
64.7%
1.6%
-10.9%
-3.9%
$9M
$307M
$59M
2022
$314M
-$19M
64.5%
2.0%
-6.7%
-2.5%
-$16M
$308M
$39M
2021
$299M
-$15M
66.1%
2.7%
-4.9%
-1.9%
-$16M
$309M
$55M
2020
$253M
-$17M
66.3%
1.0%
-5.1%
-2.1%
$5M
$292M
$61M
2019
$276M
$2M
66.3%
6.2%
0.6%
0.3%
$8M
$216M
$34M
2018
$263M
-$3M
65.8%
3.5%
-1.0%
-0.5%
$4M
$217M
$41M
2017
$190M
$4M
67.8%
4.2%
1.3%
0.6%
$4M
$219M
$40M
2016
$180M
$11M
65.9%
12.1%
5.2%
3.4%
$14M
$72M
$57M
2015
—
$4M
—
—
2.6%
2.2%
$8M
—
$38M
2014
—
$7M
—
—
4.9%
4.2%
—
—
$33M
2013
—
$16M
—
—
11.2%
9.3%
—
—
$38M
2012
—
$8M
—
—
6.2%
5.1%
$16M
—
$13M
2011
—
$7M
—
—
6.1%
5.0%
$14M
—
$22M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$126M
-$14M
64.0%
-6.7%
-3.0%
-1.3%
-$12M
$363M
$77M
Mar '26
$116M
$1M
64.9%
5.0%
0.3%
0.2%
-$7M
$215M
$56M
Dec '25
$116M
$2M
63.1%
9.2%
0.5%
0.3%
-$8M
$215M
$65M
Sep '25
$113M
$7M
65.6%
11.1%
1.5%
0.8%
$18M
$215M
$73M
Jun '25
$113M
$1M
64.7%
7.4%
0.3%
0.2%
$12M
$216M
$53M
Mar '25
$99M
-$505000
64.2%
2.2%
-0.2%
-0.1%
-$21M
$315M
$38M
Dec '24
$97M
-$16M
63.2%
2.7%
-6.0%
-2.1%
$9M
$314M
$53M
Sep '24
$96M
-$2M
63.7%
4.6%
-0.8%
-0.3%
$8M
$314M
$56M
Jun '24
$98M
-$2M
64.6%
6.6%
-0.7%
-0.3%
$4M
$314M
$55M
Mar '24
$97M
$8M
64.6%
26.0%
2.6%
1.0%
-$9M
$313M
$51M
Dec '23
$94M
-$4M
65.2%
3.4%
-1.4%
-0.5%
$8M
$307M
$59M
Sep '23
$88M
-$10M
64.0%
-1.4%
-3.6%
-1.3%
$5M
$307M
$53M
Jun '23
$89M
-$3M
65.1%
8.6%
-1.2%
-0.4%
$5M
$308M
$49M
Mar '23
$83M
-$14M
64.6%
-4.6%
-4.8%
-1.8%
-$9M
$308M
$31M
Dec '22
$79M
$2M
64.1%
5.2%
0.8%
0.3%
-$2M
$308M
$39M
Sep '22
$77M
-$14M
63.4%
-5.3%
-5.4%
-1.8%
$1M
$308M
$38M
Jun '22
$80M
-$4M
64.9%
5.7%
-1.5%
-0.6%
-$10M
$309M
$40M
Mar '22
$77M
-$3M
65.7%
2.1%
-1.1%
-0.4%
-$3M
$309M
$51M
Dec '21
$79M
-$20M
64.7%
-11.8%
-6.7%
-2.5%
-$2M
$309M
$55M
Sep '21
$72M
$11M
66.2%
20.3%
3.4%
1.3%
-$6M
$309M
$65M
Valuation over time
How the market has priced AORT against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 227.8× (Dec '25) to 127.9× (Sep '26).
The price-to-sales ratio has risen from 2.0× (Mar '23) to 2.8× (Sep '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is AORT growing its revenue and profit?
Over the past 5 years, Artivion, Inc.'s revenue has grown 11.8% per year. These are computed facts, not advice.
How much debt does AORT have?
As of FY2025, Artivion, Inc. reported $215M of total debt against $65M of cash; operating income covered interest expense 1.3×.
What is AORT's profit margin?
In FY2025, gross margin was 64.4%, operating margin 7.6%, and net margin 2.2%.
What is AORT's P/E ratio?
As of Sep '26, Artivion, Inc. traded at a price-to-earnings ratio of about 127.9× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.