15 years of revenue, profit, cash flow and balance-sheet history through FY2026,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 15.6% per year over the past 5 years.
Net income has grown faster than revenue (36.8% vs 15.6% per year).
Operating margin has expanded, at 18.8% in the latest year.
Free cash flow has grown 24.7% per year over the past 5 years.
Financial health
Total debt has grown slower than revenue (-7.2% vs 15.6% per year).
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
2026
$74M
$11M
78.5%
18.8%
20.9%
17.1%
$8M
—
$20M
2025
$64M
$8M
78.1%
15.1%
17.4%
14.0%
$11M
—
$15M
2024
$55M
$5M
76.3%
12.0%
11.6%
9.9%
$9M
—
$16M
2023
$48M
$3M
76.0%
8.3%
8.4%
6.9%
-$333000
—
$7M
2022
$42M
$2M
75.5%
7.1%
6.7%
5.6%
-$2M
—
$8M
2021
$36M
$2M
76.4%
8.8%
7.3%
6.4%
$3M
—
$12M
2020
$32M
$4M
77.6%
15.8%
13.8%
12.5%
$3M
—
$10M
2019
$31M
$2M
76.2%
9.0%
7.7%
6.7%
$1M
—
—
2018
$28M
$2M
76.9%
9.6%
8.1%
6.7%
$2M
—
—
2017
—
$2M
—
—
11.2%
9.7%
$572358
$1M
—
2016
—
$2M
—
—
13.5%
10.8%
$2M
$1M
—
2015
—
$1M
—
—
7.8%
6.3%
—
$1M
$4M
2014
—
-$1M
—
—
-10.1%
-8.2%
—
$1M
$2M
2013
—
-$1M
—
—
-9.5%
-7.6%
—
$1M
$503564
2012
—
$186606
—
—
1.2%
0.9%
-$2M
$2M
$2M
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
$19M
$3M
78.7%
19.7%
6.3%
5.1%
$3M
—
$20M
Mar '26
$19M
$3M
78.8%
20.3%
6.1%
5.0%
$3M
—
$17M
Dec '25
$19M
$3M
78.4%
19.2%
6.1%
5.0%
$2M
—
$14M
Sep '25
$17M
$2M
78.1%
15.8%
4.8%
4.0%
-$83000
—
$14M
Jun '25
$17M
$2M
78.3%
17.5%
5.1%
4.1%
$4M
—
$15M
Mar '25
$16M
$2M
78.0%
13.6%
4.3%
3.6%
$2M
—
$15M
Dec '24
$16M
$2M
77.7%
15.6%
4.5%
3.8%
$3M
—
$16M
Sep '24
$15M
$1M
78.3%
13.2%
3.6%
3.0%
$2M
—
$14M
Jun '24
$15M
$2M
76.2%
15.7%
4.1%
3.5%
$4M
—
$16M
Mar '24
$14M
$1M
74.8%
13.3%
3.5%
3.1%
$1M
—
$12M
Dec '23
$14M
$2M
77.0%
16.5%
4.1%
3.6%
$3M
—
$10M
Sep '23
$12M
$155000
77.1%
1.2%
0.4%
0.4%
-$353000
—
$7M
Jun '23
$14M
$1M
76.8%
11.0%
2.7%
2.3%
$572000
—
$7M
Mar '23
$12M
$1M
75.0%
9.9%
3.0%
2.5%
$112000
—
$7M
Dec '22
$12M
$977000
74.0%
10.9%
2.8%
2.4%
$918000
—
$7M
Sep '22
$11M
$81000
78.2%
0.4%
0.2%
0.2%
-$2M
—
$6M
Jun '22
$11M
$383000
72.0%
4.4%
1.1%
0.9%
-$1M
—
$8M
Mar '22
$10M
$645000
76.4%
8.5%
1.9%
1.7%
-$310000
—
$10M
Dec '21
$10M
$838000
76.9%
10.5%
2.5%
2.2%
$184000
—
—
Sep '21
$10M
$439000
77.0%
5.4%
1.3%
1.2%
-$801000
—
—
Valuation over time
How the market has priced ELMD 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 37.7× (Mar '23) to 19.9× (Nov '26).
The price-to-sales ratio has risen from 2.1× (Mar '23) to 3.0× (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is ELMD growing its revenue and profit?
Over the past 5 years, Electromed, Inc.'s revenue has grown 15.6% per year, and net income grown 36.8% per year. These are computed facts, not advice.
How much debt does ELMD have?
As of FY2026, Electromed, Inc. reported — of total debt against $20M of cash.
What is ELMD's profit margin?
In FY2026, gross margin was 78.5%, operating margin 18.8%, and net margin 15.3%.
What is ELMD's P/E ratio?
Electromed, Inc.'s P/E (TTM) is 19.85 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the ELMD stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 19.9× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.