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Haemonetics Corp Mass Financials

HAE
Source SEC Filings (10-K/10-Q) Updated Dec 27, 2025 Currency USD FYE March

This page shows Haemonetics Corp Mass (HAE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 52 / 100
Financial Profile 52/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
58

Haemonetics Corp Mass has an operating margin of 16.3%, meaning the company retains $16 of operating profit per $100 of revenue. This results in a moderate score of 58/100, indicating healthy but not exceptional operating efficiency. This is up from 12.6% the prior year.

Growth
40

Haemonetics Corp Mass's revenue grew a modest 4.0% year-over-year to $1.4B. This slow but positive growth earns a score of 40/100.

Leverage
79

Haemonetics Corp Mass carries a low D/E ratio of 1.12, meaning only $1.12 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 79/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
28

Haemonetics Corp Mass's current ratio of 1.62 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 28/100, which could limit financial flexibility.

Cash Flow
51

Haemonetics Corp Mass has a free cash flow margin of 10.5%, earning a moderate score of 51/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
57

Haemonetics Corp Mass's ROE of 20.4% shows moderate profitability relative to equity, earning a score of 57/100. This is up from 12.3% the prior year.

Altman Z-Score Grey Zone
2.20

Haemonetics Corp Mass scores 2.20, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.

Piotroski F-Score Neutral
6/9

Haemonetics Corp Mass passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed
1.08x

For every $1 of reported earnings, Haemonetics Corp Mass generates $1.08 in operating cash flow ($181.7M OCF vs $167.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe
6.2x

Haemonetics Corp Mass earns $6.2 in operating income for every $1 of interest expense ($221.8M vs $35.9M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue
$1.4B
YoY+4.0%
5Y CAGR+6.6%
10Y CAGR+4.1%

Haemonetics Corp Mass generated $1.4B in revenue in fiscal year 2025. This represents an increase of 4.0% from the prior year.

EBITDA
$337.4M
YoY+28.7%
5Y CAGR+9.6%
10Y CAGR+10.3%

Haemonetics Corp Mass's EBITDA was $337.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 28.7% from the prior year.

Net Income
$167.7M
YoY+42.6%
5Y CAGR+17.0%
10Y CAGR+25.8%

Haemonetics Corp Mass reported $167.7M in net income in fiscal year 2025. This represents an increase of 42.6% from the prior year.

EPS (Diluted)
$3.31
YoY+44.5%
5Y CAGR+17.5%
10Y CAGR+26.3%

Haemonetics Corp Mass earned $3.31 per diluted share (EPS) in fiscal year 2025. This represents an increase of 44.5% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$142.4M
YoY-0.8%
5Y CAGR+5.4%
10Y CAGR+39.9%

Haemonetics Corp Mass generated $142.4M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 0.8% from the prior year.

Cash & Debt
$306.8M
YoY+71.6%
5Y CAGR+17.4%
10Y CAGR+6.7%

Haemonetics Corp Mass held $306.8M in cash against $921.2M in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
48M
YoY-5.2%
5Y CAGR-0.9%
10Y CAGR-0.7%

Haemonetics Corp Mass had 48M shares outstanding in fiscal year 2025. This represents a decrease of 5.2% from the prior year.

Margins & Returns

Gross Margin
55.0%
YoY+2.2pp
5Y CAGR+6.0pp
10Y CAGR+7.3pp

Haemonetics Corp Mass's gross margin was 55.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 2.2 percentage points from the prior year.

Operating Margin
16.3%
YoY+3.7pp
5Y CAGR+5.8pp
10Y CAGR+11.9pp

Haemonetics Corp Mass's operating margin was 16.3% in fiscal year 2025, reflecting core business profitability. This is up 3.7 percentage points from the prior year.

Net Margin
12.3%
YoY+3.3pp
5Y CAGR+4.6pp
10Y CAGR+10.5pp

Haemonetics Corp Mass's net profit margin was 12.3% in fiscal year 2025, showing the share of revenue converted to profit. This is up 3.3 percentage points from the prior year.

Return on Equity
20.4%
YoY+8.2pp
5Y CAGR+7.4pp
10Y CAGR+18.4pp

Haemonetics Corp Mass's ROE was 20.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 8.2 percentage points from the prior year.

Capital Allocation

R&D Spending
$62.7M
YoY+15.2%
5Y CAGR+15.2%
10Y CAGR+1.5%

Haemonetics Corp Mass invested $62.7M in research and development in fiscal year 2025. This represents an increase of 15.2% from the prior year.

Share Buybacks
$225.0M
5Y CAGR+5.2%
10Y CAGR+19.1%

Haemonetics Corp Mass spent $225.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures
$39.3M
YoY+3.0%
5Y CAGR-4.2%
10Y CAGR-10.7%

Haemonetics Corp Mass invested $39.3M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 3.0% from the prior year.

HAE Income Statement

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Revenue $339.0M+3.6% $327.3M+1.8% $321.4M-2.8% $330.6M-5.1% $348.5M+0.9% $345.5M+2.8% $336.2M-2.1% $343.3M
Cost of Revenue $136.6M+3.0% $132.6M+2.6% $129.2M-6.1% $137.5M-11.3% $155.0M-1.9% $158.1M-2.0% $161.2M-3.7% $167.4M
Gross Profit $202.4M+3.9% $194.7M+1.3% $192.2M-0.4% $193.1M-0.3% $193.5M+3.3% $187.4M+7.2% $174.9M-0.6% $175.9M
R&D Expenses $14.2M-4.6% $14.9M-8.5% $16.3M-11.2% $18.3M+15.6% $15.8M+12.0% $14.1M-2.1% $14.4M-8.9% $15.9M
SG&A Expenses $109.2M+7.4% $101.6M-8.2% $110.7M-3.8% $115.1M+8.2% $106.5M-0.5% $106.9M-1.2% $108.2M-2.7% $111.3M
Operating Income $67.4M+15.2% $58.5M+8.6% $53.9M-24.5% $71.3M+20.8% $59.0M+14.2% $51.7M+30.0% $39.8M+32.8% $29.9M
Interest Expense N/A N/A N/A N/A N/A N/A N/A N/A
Income Tax $15.2M+20.9% $12.6M+13.1% $11.1M-12.7% $12.8M+2.7% $12.4M+14.3% $10.9M+30.4% $8.3M+173.7% $3.0M
Net Income $44.7M+15.7% $38.7M+13.7% $34.0M-41.3% $58.0M+54.6% $37.5M+10.8% $33.8M-11.8% $38.4M+88.4% $20.4M
EPS (Diluted) $0.95+17.3% $0.81+15.7% $0.70 N/A $0.74+12.1% $0.66-10.8% $0.74 N/A

HAE Balance Sheet

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Total Assets $2.5B+2.0% $2.4B-0.8% $2.5B+0.5% $2.5B-3.2% $2.5B+0.2% $2.5B-0.6% $2.5B+15.7% $2.2B
Current Assets $943.7M+4.9% $899.7M-1.5% $913.2M-2.3% $935.0M-7.0% $1.0B+5.2% $955.9M-2.3% $978.6M+27.3% $768.9M
Cash & Equivalents $363.4M+22.6% $296.4M+1.2% $292.9M-4.5% $306.8M-4.4% $320.8M+7.2% $299.3M-13.1% $344.4M+92.6% $178.8M
Inventory $321.2M-4.5% $336.2M-6.7% $360.5M-1.3% $365.1M+1.5% $359.6M-5.9% $382.1M+2.2% $373.8M+17.8% $317.2M
Accounts Receivable $195.7M-5.5% $207.1M+3.1% $200.8M-0.9% $202.7M-4.4% $211.9M-0.7% $213.5M+6.0% $201.5M-2.5% $206.6M
Goodwill $606.8M+0.1% $606.1M-0.2% $607.3M+0.5% $604.3M-0.2% $605.3M-1.8% $616.2M+0.5% $613.3M+8.5% $565.1M
Total Liabilities $1.6B-0.9% $1.6B+0.8% $1.6B-3.1% $1.6B+0.4% $1.6B-1.3% $1.6B+0.7% $1.6B+32.4% $1.2B
Current Liabilities $539.9M-1.5% $548.3M+3.2% $531.4M-8.1% $578.1M+128.3% $253.2M-7.6% $273.9M+5.3% $260.1M-13.4% $300.4M
Long-Term Debt $920.0M0.0% $920.4M0.0% $920.8M0.0% $921.2M-24.5% $1.2B0.0% $1.2B+0.1% $1.2B+52.8% $797.6M
Total Equity $911.5M+7.3% $849.2M-3.8% $882.3M+7.5% $820.8M-9.5% $906.9M+3.2% $878.9M-2.9% $905.4M-5.7% $960.0M
Retained Earnings $381.1M+13.3% $336.3M-5.5% $356.0M+1.1% $352.2M-10.2% $392.2M+6.4% $368.5M-4.7% $386.6M+7.3% $360.5M

HAE Cash Flow Statement

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Operating Cash Flow $93.6M-16.0% $111.3M+540.0% $17.4M-85.1% $116.6M+166.3% $43.8M-10.4% $48.8M+278.0% -$27.4M-142.8% $64.1M
Capital Expenditures $6.3M+26.6% $5.0M+33.6% $3.8M-76.0% $15.6M+83.0% $8.5M-9.4% $9.4M+66.8% $5.7M-15.4% $6.7M
Free Cash Flow $87.2M-18.0% $106.3M+679.3% $13.6M-86.5% $100.9M+186.5% $35.2M-10.6% $39.4M+219.1% -$33.1M-157.6% $57.4M
Investing Cash Flow -$29.5M+3.3% -$30.5M+7.7% -$33.0M-282.9% $18.0M+203.9% -$17.4M+25.7% -$23.4M+83.2% -$139.2M-966.2% -$13.1M
Financing Cash Flow $2.0M+102.7% -$76.6M-3034.8% -$2.4M+98.4% -$151.4M-11074.6% $1.4M+101.8% -$74.8M-122.4% $333.7M+625.5% -$63.5M
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks $0 N/A N/A $150.0M $0 N/A N/A $0

HAE Financial Ratios

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Gross Margin 59.7%+0.2pp 59.5%-0.3pp 59.8%+1.4pp 58.4%+2.9pp 55.5%+1.3pp 54.3%+2.2pp 52.0%+0.8pp 51.2%
Operating Margin 19.9%+2.0pp 17.9%+1.1pp 16.8%-4.8pp 21.6%+4.6pp 16.9%+2.0pp 15.0%+3.1pp 11.8%+3.1pp 8.7%
Net Margin 13.2%+1.4pp 11.8%+1.2pp 10.6%-7.0pp 17.5%+6.8pp 10.8%+1.0pp 9.8%-1.6pp 11.4%+5.5pp 5.9%
Return on Equity 4.9%+0.3pp 4.6%+0.7pp 3.9%-3.2pp 7.1%+2.9pp 4.1%+0.3pp 3.9%-0.4pp 4.2%+2.1pp 2.1%
Return on Assets 1.8%+0.2pp 1.6%+0.2pp 1.4%-1.0pp 2.4%+0.9pp 1.5%+0.1pp 1.3%-0.2pp 1.5%+0.6pp 0.9%
Current Ratio 1.75+0.1 1.64-0.1 1.72+0.1 1.62-2.4 3.97+0.5 3.49-0.3 3.76+1.2 2.56
Debt-to-Equity 1.01-0.1 1.08+0.0 1.04-0.1 1.12-0.2 1.34-0.0 1.39+0.0 1.35+0.5 0.83
FCF Margin 25.7%-6.8pp 32.5%+28.2pp 4.2%-26.3pp 30.5%+20.4pp 10.1%-1.3pp 11.4%+21.2pp -9.8%-26.6pp 16.7%

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Frequently Asked Questions

Haemonetics Corp Mass (HAE) reported $1.4B in total revenue for fiscal year 2025. This represents a 4.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Haemonetics Corp Mass (HAE) revenue grew by 4% year-over-year, from $1.3B to $1.4B in fiscal year 2025.

Yes, Haemonetics Corp Mass (HAE) reported a net income of $167.7M in fiscal year 2025, with a net profit margin of 12.3%.

Haemonetics Corp Mass (HAE) reported diluted earnings per share of $3.31 for fiscal year 2025. This represents a 44.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Haemonetics Corp Mass (HAE) had EBITDA of $337.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Haemonetics Corp Mass (HAE) had $306.8M in cash and equivalents against $921.2M in long-term debt.

Haemonetics Corp Mass (HAE) had a gross margin of 55.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Haemonetics Corp Mass (HAE) had an operating margin of 16.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Haemonetics Corp Mass (HAE) had a net profit margin of 12.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Haemonetics Corp Mass (HAE) has a return on equity of 20.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Haemonetics Corp Mass (HAE) generated $142.4M in free cash flow during fiscal year 2025. This represents a -0.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Haemonetics Corp Mass (HAE) generated $181.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Haemonetics Corp Mass (HAE) had $2.5B in total assets as of fiscal year 2025, including both current and long-term assets.

Haemonetics Corp Mass (HAE) invested $39.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Haemonetics Corp Mass (HAE) invested $62.7M in research and development during fiscal year 2025.

Yes, Haemonetics Corp Mass (HAE) spent $225.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Haemonetics Corp Mass (HAE) had 48M shares outstanding as of fiscal year 2025.

Haemonetics Corp Mass (HAE) had a current ratio of 1.62 as of fiscal year 2025, which is generally considered healthy.

Haemonetics Corp Mass (HAE) had a debt-to-equity ratio of 1.12 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Haemonetics Corp Mass (HAE) had a return on assets of 6.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Haemonetics Corp Mass (HAE) has an Altman Z-Score of 2.20, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Haemonetics Corp Mass (HAE) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Haemonetics Corp Mass (HAE) has an earnings quality ratio of 1.08x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Haemonetics Corp Mass (HAE) has an interest coverage ratio of 6.2x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Haemonetics Corp Mass (HAE) scores 52 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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