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TREACE MEDICAL CONCEPTS, INC. TMCI

Nasdaq · stock · Surgical & Medical Instruments & Apparatus · website · IPO 2021-04-23

TREACE MEDICAL CONCEPTS, INC. statistics & valuation

Market cap$289.3M
P / S1.4×
P / B3.3×
Net margin-27.7%
Return on equity-67.6%
FCF margin-13.9%
Net debt$44.9M
Enterprise value USD$334.2M
Earnings yield EBIT/EV-16.2%
Return on capital-33.9%

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 (%)
-6.40% -21.80% -30.20% -26.50% -26.60% -27.70% 202020212022202320242025
Gross margin (%)
78.30% 82.10% 82.00% 81.20% 80.40% 79.80% 202020212022202320242025
Operating margin (%)
1.50% -17.50% -24.60% -27.50% -26.60% -25.50% 202020212022202320242025
Return on equity (%)
-472.70% -22.10% -70.70% -35.90% -49.40% -67.60% 202020212022202320242025
Shares outstanding
37.1M 54.2M 55.6M 61.7M 62.1M 63.3M 202020212022202320242025
Net debt ($)
$12.9M -$76.5M $33.2M $40.0M $42.0M $44.9M 202020212022202320242025
Share buybacks ($)
202020212022202320242025
Return on assets (%)
-8.80% -14.60% -26.90% -19.70% -25.70% -31.00% 202020212022202320242025
Free cash flow margin (%)
-9.70% -21.10% -32.10% -24.60% -23.30% -13.90% 202020212022202320242025
Debt / equity (×)
39.92× 0.32× 0.87× 0.38× 0.47× 0.64× 202020212022202320242025
EPS ($)
-$0.12 -$0.43 -$0.77 -$0.81 -$0.90 -$0.93 202020212022202320242025

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)

RatioFY2025FY2024FY2023FY2022FY2021FY2020
Gross margin79.8%80.4%81.2%82.0%82.1%78.3%
Operating margin-25.5%-26.6%-27.5%-24.6%-17.5%1.5%
Net margin-27.7%-26.6%-26.5%-30.2%-21.8%-6.4%
FCF margin-13.9%-23.3%-24.6%-32.1%-21.1%-9.7%
Return on assets-31.0%-25.7%-19.7%-26.9%-14.6%-8.8%
Return on equity-67.6%-49.4%-35.9%-70.7%-22.1%-472.7%
Debt / equity0.64×0.47×0.38×0.87×0.32×39.92×
Current ratio4.314.624.404.417.583.53

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