Stocktoria

Axogen, Inc. AXGN

Nasdaq · stock · Electromedical & Electrotherapeutic Apparatus · website · IPO 1986-12-17

Axogen, Inc. statistics & valuation

Market cap$2.4B
P / S10.6×
P / B18.5×
Net margin-7.0%
Return on equity-12.2%
FCF margin-1.3%
Net debt$12.8M
Enterprise value USD$2.4B
Earnings yield EBIT/EV-0.3%
Return on capital-4%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
-35.10% -17.30% -26.70% -27.30% -21.20% -21.20% -20.90% -13.70% -5.30% -7.00% 2016201720182019202020212022202320242025
Gross margin (%)
84.30% 84.60% 84.60% 83.70% 80.80% 82.00% 78.50% 76.60% 75.80% 74.30% 2016201720182019202020212022202320242025
Operating margin (%)
-19.80% -13.20% -24.40% -29.40% -20.60% -20.00% -21.40% -13.50% -1.80% -3.50% 2016201720182019202020212022202320242025
Return on equity (%)
-96.60% -41.50% -15.20% -22.00% -19.30% -24.00% -28.70% -22.70% -9.60% -12.20% 2016201720182019202020212022202320242025
Shares outstanding
33.0M 34.4M 38.9M 39.6M 40.6M 41.7M 42.4M 43.1M 44.3M 47.2M 2016201720182019202020212022202320242025
Net debt ($)
-$9.7M -$16.7M -$24.3M -$35.7M -$16.7M $12.1M $30.4M $15.6M $19.9M $12.8M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
-31.10% -17.70% -14.00% -18.80% -11.80% -13.00% -14.80% -11.00% -4.90% -7.10% 2016201720182019202020212022202320242025
Free cash flow margin (%)
-29.60% -17.10% -28.80% -23.00% -28.10% -32.40% -26.10% -12.30% 0.80% -1.30% 2016201720182019202020212022202320242025
Debt / equity (×)
1.36× 0.79× 0.00× 0.00× 0.26× 0.40× 0.45× 0.49× 0.46× 0.38× 2016201720182019202020212022202320242025
EPS ($)
-$0.74 -$0.60 -$0.65 -$0.69 -$0.51 -$0.23 -$0.34 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin74.3%75.8%76.6%78.5%82.0%80.8%83.7%84.6%84.6%84.3%
Operating margin-3.5%-1.8%-13.5%-21.4%-20.0%-20.6%-29.4%-24.4%-13.2%-19.8%
Net margin-7.0%-5.3%-13.7%-20.9%-21.2%-21.2%-27.3%-26.7%-17.3%-35.1%
FCF margin-1.3%0.8%-12.3%-26.1%-32.4%-28.1%-23.0%-28.8%-17.1%-29.6%
Return on assets-7.1%-4.9%-11.0%-14.8%-13.0%-11.8%-18.8%-14.0%-17.7%-31.1%
Return on equity-12.2%-9.6%-22.7%-28.7%-24.0%-19.3%-22.0%-15.2%-41.5%-96.6%
Debt / equity0.38×0.46×0.49×0.45×0.40×0.26×0.00×0.00×0.79×1.36×
Current ratio5.113.242.894.135.236.366.4711.574.063.97

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.