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HARVARD BIOSCIENCE INC HBIO

Nasdaq · stock · Laboratory Analytical Instruments · website · IPO 2013-10-21 · LEI

HARVARD BIOSCIENCE INC statistics & valuation

Market cap$27.2M
P / S0.3×
P / B2.0×
P / FCF5.0×
Net margin-65.5%
FCF margin6.3%
Net debt$27.3M
Enterprise value USD$54.5M
Earnings yield EBIT/EV-89.1%
Return on capital-83.6%

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 (%)
-1.10% -2.40% -4.00% -7.60% -0.20% -8.40% -3.00% -13.20% -65.50% 2017201820192020202120222023202420252025
Gross margin (%)
50.60% 52.30% 55.40% 56.80% 56.90% 53.70% 58.90% 58.20% 57.70% 2017201820192020202120222023202420252025
Operating margin (%)
-0.80% 0.80% 0.30% 0.20% 1.70% -6.10% 1.70% -6.60% -56.10% 2017201820192020202120222023202420252025
Return on equity (%)
-1.10% -3.50% -5.70% -10.20% -0.30% -13.20% -4.70% -19.60% -88.30% -412.80% 2017201820192020202120222023202420252025
Shares outstanding
35.0M 37.4M 38.2M 39.4M 41.1M 42.1M 43.4M 44.1M 44.6M 44.4M 2017201820192020202120222023202420252025
Net debt ($)
$6.2M $52.6M $45.5M $39.7M $40.5M $42.3M $32.7M $32.8M $27.1M $27.3M 2017201820192020202120222023202420252025
Share buybacks ($)
2017201820192020202120222023202420252025
Return on assets (%)
-0.80% -1.70% -2.80% -5.00% -0.20% -6.50% -2.50% -9.80% -15.90% -70.80% 2017201820192020202120222023202420252025
Free cash flow margin (%)
0.20% 1.60% 5.90% 8.00% 0.10% -0.40% 10.90% -1.30% 6.30% 2017201820192020202120222023202420252025
Debt / equity (×)
0.15× 0.73× 0.66× 0.63× 0.58× 0.65× 0.51× 0.58× 2.41× 2.61× 2017201820192020202120222023202420252025
EPS ($)
-$0.02 -$0.08 -$0.12 -$0.23 -$0.08 -$0.28 -$1.28 2017201820192020202120222023202420252025

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)

RatioFY2025FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Gross margin57.7%—58.2%58.9%53.7%56.9%56.8%55.4%52.3%50.6%
Operating margin-56.1%—-6.6%1.7%-6.1%1.7%0.2%0.3%0.8%-0.8%
Net margin-65.5%—-13.2%-3.0%-8.4%-0.2%-7.6%-4.0%-2.4%-1.1%
FCF margin6.3%—-1.3%10.9%-0.4%0.1%8.0%5.9%1.6%0.2%
Return on assets-70.8%-15.9%-9.8%-2.5%-6.5%-0.2%-5.0%-2.8%-1.7%-0.8%
Return on equity-412.8%-88.3%-19.6%-4.7%-13.2%-0.3%-10.2%-5.7%-3.5%-1.1%
Debt / equity2.61×2.41×0.58×0.51×0.65×0.58×0.63×0.66×0.73×0.15×
Current ratio2.200.810.821.852.202.432.462.122.273.39

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