Enovis Corp (ENOV)

Enovis Corporation, a medical technology company, focuses on developing clinically differentiated solutions in the United States and internationally. It operates through two segments: Prevention and Recovery, and Reconstructive segments. The Prevention and Recovery segment offers rigid and soft orthopedic bracing, hot and cold therapy, bone growth stimulators, vascular therapy systems and compression garments, electrical stimulators for pain management, and physical therapy products which are used by orthopedic specialists, surgeons, primary care physicians, pain management specialists, physical therapists, podiatrists, chiropractors, athletic trainers, and other healthcare professionals to treat patients with musculoskeletal conditions. The Reconstructive segment develops, manufactures, markets, and distributes surgical solutions that restore mobility and improve patient outcomes, which includes a range of differentiated implants, instrumentation, and enabling technologies used in elective and non-elective joint replacement, limb reconstruction, and foot and ankle procedures; and products for the hip, knee, shoulder, elbow, extremity reconstruction and fixation, foot, ankle, and finger, as well as surgical productivity tools. It also manufactures and distributes a range of products which are used for reconstructive surgery, rehabilitation, pain management, and physical therapy. The company distributes its products through independent distributors, direct salespeople, and patients. The company was formerly known as Colfax Corporation. Enovis Corporation was founded in 1995 and is headquartered in Lewisville, Texas.

Symbol
ENOV
Exchange
NYSE
Sector
Healthcare
Industry
Medical Devices
Market cap
$1.05B
52 week range
17.3 - 34.28

Valuation

Share price
$18.24 (close of 2026-09-23)
P/E (TTM)
-0.95x
Price to book
0.71x
Price to free cash flow
16.52x
Enterprise value
$2.41B
Book value per share
$25.65

Price performance

PeriodChange
1 day+1.11%
5 days+1.67%
1 month-30.01%
3 months-13.76%
6 months-18.97%
Year to date-31.53%
1 year-41.46%
3 years-64.69%
5 years-76.96%
10 years-63.99%
All time-49.53%

Profitability and growth

Return on equity
-79.39%
Return on invested capital
-39.65%
Return on assets
-30.89%
Return on capital employed
-34.74%
Gross margin
59.84%
Net margin
-52.69%
EBITDA margin
9.78%
Revenue growth
6.66%
Net income growth
-43.48%
Free cash flow growth
129.63%

Cash flow and balance sheet

Free cash flow yield (TTM)
6.05%
Current ratio
1.98x
Net debt to EBITDA
-1.84x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$2.25B
Cost of revenue
$902.79M
Gross profit
$1.35B
EBITDA
$219.89M
Net income
$-1.18B
Research and development
$120.33M
Interest expense
$34.82M

Income statement by year

Period endRevenueGross profitNet income
2025-12-31$2.25B$1.35B$-1.18B
2024-12-31$2.11B$1.18B$-825.49M
2023-12-31$1.71B$990.78M$-33.26M
2022-12-31$1.56B$869.38M$-13.29M
2021-12-31$1.43B$777.67M$71.66M
2020-12-31$1.12B$603.64M$42.63M
2019-12-31$3.33B$1.40B$-527.65M
2018-12-31$2.19B$729.38M$140.20M
2017-12-31$1.94B$671.58M$151.09M
2016-12-31$3.19B$992.38M$128.11M

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3159.84%-52.69%-79.39%-39.65%
2024-12-3156.02%-39.17%-32.19%-19.79%
2023-12-3158.04%-1.95%-0.97%-1.34%
2022-12-3155.62%-0.85%-0.39%-1.89%
2021-12-3154.53%5.02%1.54%-0.71%
2020-12-3153.86%3.80%1.19%-0.57%
2019-12-3142.11%-15.86%-15.12%3.00%
2018-12-3133.26%6.39%4.03%3.30%
2017-12-3134.67%7.80%4.05%3.04%
2016-12-3131.15%4.02%4.14%4.43%

Cash and debt by year

Period endCashDebt
2025-12-31$36.39M$1.26B
2024-12-31$48.17M$1.31B
2023-12-31$36.19M$466.16M
2022-12-31$24.30M$40.00M
2021-12-31$680.25M$2.08B
2020-12-31$97.07M$2.20B
2019-12-31$109.63M$2.28B
2018-12-31$77.15M$1.19B
2017-12-31$411.63M$1.06B
2016-12-31$208.81M$1.29B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$19.92M$32.92M
2024-12-31$-67.21M$29.66M
2023-12-31$12.77M$34.06M
2022-12-31$-161.31M$38.95M
2021-12-31$251.86M$35.35M
2020-12-31$187.15M$28.91M
2019-12-31$5.55M$21.96M
2018-12-31$156.72M$25.10M
2017-12-31$150.00M$21.55M
2016-12-31$183.72M$19.02M

Investor relations

Next earnings report

Next confirmed report
2026-11-05
Consensus EPS estimate
$0.64

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-06Jun/2026$0.79
2026-05-07--
2026-02-26--
2025-11-06--
2025-08-07--
2025-05-08--
2025-02-26--
2025-02-20--

Filings and sources

Company website
enovis.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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