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Utah Med Prods Financials

UTMD
Source SEC Filings (10-K/10-Q) Updated Mar 27, 2026 Currency USD FYE March

This page shows Utah Med Prods (UTMD) 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 74 / 100
Financial Profile 74/100

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

Profitability
88

Utah Med Prods has an operating margin of 29.6%, meaning the company retains $30 of operating profit per $100 of revenue. This strong profitability earns a score of 88/100, reflecting efficient cost management and pricing power. This is down from 33.2% the prior year.

Growth
24

Utah Med Prods's revenue declined 5.8% year-over-year, from $40.9M to $38.5M. This contraction results in a growth score of 24/100.

Leverage
100

Utah Med Prods carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
100

With a current ratio of 37.62, Utah Med Prods holds $37.62 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.

Cash Flow
100

Utah Med Prods converts 37.2% of revenue into free cash flow ($14.3M). This strong cash generation earns a score of 100/100.

Returns
32

Utah Med Prods's ROE of 9.5% shows moderate profitability relative to equity, earning a score of 32/100. This is down from 11.8% the prior year.

Altman Z-Score Safe
39.87

Utah Med Prods scores 39.87, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($201.0M) relative to total liabilities ($3.3M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Piotroski F-Score Neutral
5/9

Utah Med Prods passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed
1.30x

For every $1 of reported earnings, Utah Med Prods generates $1.30 in operating cash flow ($14.7M OCF vs $11.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue
$38.5M
YoY-5.8%
5Y CAGR-1.8%
10Y CAGR-0.4%

Utah Med Prods generated $38.5M in revenue in fiscal year 2025. This represents a decrease of 5.8% from the prior year.

EBITDA
$14.4M
YoY-12.4%
5Y CAGR-7.2%
10Y CAGR-1.2%

Utah Med Prods's EBITDA was $14.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 12.4% from the prior year.

Net Income
$11.3M
YoY-18.7%
5Y CAGR+0.9%
10Y CAGR-0.5%

Utah Med Prods reported $11.3M in net income in fiscal year 2025. This represents a decrease of 18.7% from the prior year.

EPS (Diluted)
$3.48
YoY-12.1%
5Y CAGR+3.4%

Utah Med Prods earned $3.48 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 12.1% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$14.3M
YoY-1.9%
5Y CAGR-5.8%
10Y CAGR+0.5%

Utah Med Prods generated $14.3M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 1.9% from the prior year.

Cash & Debt
$85.8M
YoY+3.4%
5Y CAGR+10.7%
10Y CAGR+13.9%

Utah Med Prods held $85.8M in cash against $225K in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
3M
YoY-4.5%
5Y CAGR-2.7%

Utah Med Prods had 3M shares outstanding in fiscal year 2025. This represents a decrease of 4.5% from the prior year.

Margins & Returns

Gross Margin
57.1%
YoY-1.9pp
5Y CAGR-3.4pp
10Y CAGR-3.1pp

Utah Med Prods's gross margin was 57.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 1.9 percentage points from the prior year.

Operating Margin
29.6%
YoY-3.6pp
5Y CAGR-2.9pp
10Y CAGR-9.4pp

Utah Med Prods's operating margin was 29.6% in fiscal year 2025, reflecting core business profitability. This is down 3.6 percentage points from the prior year.

Net Margin
29.3%
YoY-4.6pp
5Y CAGR+3.7pp
10Y CAGR-0.2pp

Utah Med Prods's net profit margin was 29.3% in fiscal year 2025, showing the share of revenue converted to profit. This is down 4.6 percentage points from the prior year.

Return on Equity
9.5%
YoY-2.3pp
5Y CAGR-1.0pp
10Y CAGR-7.5pp

Utah Med Prods's ROE was 9.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 2.3 percentage points from the prior year.

Capital Allocation

R&D Spending
$668K
YoY-17.8%
5Y CAGR+6.6%
10Y CAGR+2.5%

Utah Med Prods invested $668K in research and development in fiscal year 2025. This represents a decrease of 17.8% from the prior year.

Share Buybacks
$8.4M
YoY-58.2%
5Y CAGR+3.7%

Utah Med Prods spent $8.4M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 58.2% from the prior year.

Capital Expenditures
$371K
YoY+61.3%
5Y CAGR-15.5%
10Y CAGR+7.7%

Utah Med Prods invested $371K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 61.3% from the prior year.

UTMD Income Statement

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Revenue $9.8M-1.4% $10.0M+2.5% $9.7M+6.0% $9.2M-8.5% $10.0M-3.8% $10.4M-8.3% $11.3M-8.1% $12.3M
Cost of Revenue $4.2M-3.4% $4.4M+4.5% $4.2M N/A $4.2M+1.4% $4.1M-9.3% $4.6M N/A
Gross Profit $5.6M+0.2% $5.6M+1.0% $5.5M+4.0% $5.3M-8.3% $5.8M-7.2% $6.3M-7.6% $6.8M-4.7% $7.1M
R&D Expenses $167K+23.7% $135K-12.3% $154K N/A $172K-32.5% $255K-4.1% $266K N/A
SG&A Expenses $2.8M+24.8% $2.3M+1.5% $2.2M N/A $2.3M-10.7% $2.6M-2.2% $2.6M N/A
Operating Income $2.6M-18.3% $3.2M+1.4% $3.2M N/A $3.3M-2.8% $3.4M-11.5% $3.9M N/A
Interest Expense N/A N/A N/A N/A N/A N/A N/A N/A
Income Tax $678K-14.0% $788K-3.5% $817K N/A $616K-18.7% $758K-10.0% $842K N/A
Net Income $2.6M-13.7% $3.0M+0.2% $3.0M+4.8% $2.9M-18.6% $3.6M+3.2% $3.5M-12.7% $4.0M-7.7% $4.3M
EPS (Diluted) $0.82-12.8% $0.94+2.2% $0.92+7.0% $0.86-15.7% $1.02+4.1% $0.98-10.1% $1.09-7.6% $1.18

UTMD Balance Sheet

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Total Assets $122.0M+1.0% $120.8M-1.4% $122.5M0.0% $122.5M-5.5% $129.7M-0.3% $130.0M-4.0% $135.4M0.0% $135.5M
Current Assets $96.5M+2.3% $94.4M-2.1% $96.4M+0.1% $96.3M-5.2% $101.7M-0.7% $102.3M-4.5% $107.1M+0.8% $106.3M
Cash & Equivalents $84.3M+2.5% $82.2M-1.4% $83.3M+0.4% $83.0M-6.2% $88.5M-0.9% $89.2M-4.9% $93.8M+1.0% $92.9M
Inventory $8.1M-1.4% $8.2M-4.8% $8.6M-1.9% $8.8M-3.2% $9.1M+0.5% $9.1M-2.0% $9.2M-3.6% $9.6M
Accounts Receivable $3.7M+2.6% $3.6M-7.9% $3.9M-3.7% $4.1M+10.1% $3.7M+1.4% $3.7M+2.1% $3.6M+5.9% $3.4M
Goodwill $14.1M-1.0% $14.2M+3.1% $13.8M+1.4% $13.6M-3.2% $14.0M+2.8% $13.6M0.0% $13.6M-0.4% $13.7M
Total Liabilities $3.7M+13.9% $3.3M-40.3% $5.5M+7.1% $5.1M-7.0% $5.5M-8.1% $6.0M-22.3% $7.7M+7.8% $7.1M
Current Liabilities $3.0M+33.6% $2.3M-47.9% $4.3M+15.1% $3.8M+9.4% $3.4M-12.8% $3.9M-28.0% $5.5M+16.2% $4.7M
Long-Term Debt N/A N/A $269K $0 N/A N/A N/A $0
Total Equity $118.3M+0.6% $117.5M+0.4% $117.0M-0.3% $117.4M-5.5% $124.2M+0.1% $124.1M-2.9% $127.7M-0.4% $128.3M
Retained Earnings $128.0M+0.9% $126.9M-1.0% $128.2M-0.8% $129.3M-3.5% $134.1M-1.0% $135.3M-2.6% $139.0M+0.5% $138.3M

UTMD Cash Flow Statement

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Operating Cash Flow $3.9M+35.0% $2.9M-35.6% $4.5M+52.0% $2.9M-23.8% $3.9M+39.6% $2.8M-47.6% $5.3M-1.1% $5.3M
Capital Expenditures $27K-47.1% $51K-72.3% $184K+1944.4% $9K-89.9% $89K-19.1% $110K+400.0% $22K-75.6% $90K
Free Cash Flow $3.9M+36.5% $2.8M-34.1% $4.3M+46.2% $2.9M-22.3% $3.8M+42.0% $2.7M-49.5% $5.3M+0.2% $5.2M
Investing Cash Flow -$27K+47.1% -$51K+72.3% -$184K-1944.4% -$9K+89.9% -$89K+22.6% -$115K-2400.0% $5K+105.6% -$90K
Financing Cash Flow -$1.6M+63.4% -$4.5M-5.9% -$4.2M+45.3% -$7.7M-57.5% -$4.9M+31.6% -$7.2M-80.5% -$4.0M-271.9% -$1.1M
Dividends Paid $988K-1.3% $1.0M-1.6% $1.0M-2.0% $1.0M-1.3% $1.1M-2.7% $1.1M-0.7% $1.1M+1.7% $1.1M
Share Buybacks $653K-81.3% $3.5M+8.3% $3.2M-52.0% $6.7M+73.5% $3.9M-39.6% $6.4M+114.1% $3.0M $0

UTMD Financial Ratios

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Gross Margin 57.1%+0.9pp 56.2%-0.8pp 57.0%-1.1pp 58.1%+0.1pp 58.0%-2.1pp 60.1%+0.5pp 59.7%+2.1pp 57.6%
Operating Margin 26.6%-5.5pp 32.1%-0.4pp 32.5% N/A 33.4%+0.4pp 33.1%-1.2pp 34.2% N/A
Net Margin 26.8%-3.8pp 30.6%-0.7pp 31.3%-0.4pp 31.7%-3.9pp 35.6%+2.4pp 33.2%-1.7pp 34.9%+0.1pp 34.8%
Return on Equity 2.2%-0.4pp 2.6%0.0pp 2.6%+0.1pp 2.5%-0.4pp 2.9%+0.1pp 2.8%-0.3pp 3.1%-0.2pp 3.3%
Return on Assets 2.2%-0.4pp 2.5%+0.0pp 2.5%+0.1pp 2.4%-0.4pp 2.8%+0.1pp 2.7%-0.3pp 2.9%-0.2pp 3.2%
Current Ratio 32.06-9.8 41.87+19.6 22.29-3.3 25.64-4.0 29.59+3.6 25.98+6.4 19.57-3.0 22.56
Debt-to-Equity 0.030.0 0.03+0.0 0.000.0 0.00-0.0 0.040.0 0.05-0.0 0.06+0.1 0.00
FCF Margin 39.3%+10.9pp 28.3%-15.7pp 44.1%+12.1pp 32.0%-5.7pp 37.6%+12.2pp 25.5%-20.8pp 46.3%+3.8pp 42.5%

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Frequently Asked Questions

Utah Med Prods (UTMD) reported $38.5M in total revenue for fiscal year 2025. This represents a -5.8% 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.

Utah Med Prods (UTMD) revenue declined by 5.8% year-over-year, from $40.9M to $38.5M in fiscal year 2025.

Yes, Utah Med Prods (UTMD) reported a net income of $11.3M in fiscal year 2025, with a net profit margin of 29.3%.

Utah Med Prods (UTMD) reported diluted earnings per share of $3.48 for fiscal year 2025. This represents a -12.1% 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.

Utah Med Prods (UTMD) had EBITDA of $14.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Utah Med Prods (UTMD) had $85.8M in cash and equivalents against $225K in long-term debt.

Utah Med Prods (UTMD) had a gross margin of 57.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Utah Med Prods (UTMD) had an operating margin of 29.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Utah Med Prods (UTMD) had a net profit margin of 29.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Utah Med Prods (UTMD) has a return on equity of 9.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Utah Med Prods (UTMD) generated $14.3M in free cash flow during fiscal year 2025. This represents a -1.9% 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.

Utah Med Prods (UTMD) generated $14.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Utah Med Prods (UTMD) had $122.5M in total assets as of fiscal year 2025, including both current and long-term assets.

Utah Med Prods (UTMD) invested $371K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Utah Med Prods (UTMD) invested $668K in research and development during fiscal year 2025.

Yes, Utah Med Prods (UTMD) spent $8.4M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Utah Med Prods (UTMD) had 3M shares outstanding as of fiscal year 2025.

Utah Med Prods (UTMD) had a current ratio of 37.62 as of fiscal year 2025, which is generally considered healthy.

Utah Med Prods (UTMD) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Utah Med Prods (UTMD) had a return on assets of 9.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Utah Med Prods (UTMD) has an Altman Z-Score of 39.87, placing it in the Safe Zone (low bankruptcy 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.

Utah Med Prods (UTMD) has a Piotroski F-Score of 5 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.

Utah Med Prods (UTMD) has an earnings quality ratio of 1.30x, 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.

Utah Med Prods (UTMD) scores 74 out of 100 on our Financial Profile, indicating strong 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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