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Tenon Medical, Inc. TNON

Nasdaq · stock · Surgical & Medical Instruments & Apparatus · website · IPO 2022-04-27

Tenon Medical, Inc. statistics & valuation

P / S1.5×
P / B1.2×
Net margin-318.4%
FCF margin-279.4%
Return on capital-169.5%

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 (%)
-4405.00% -2737.60% -532.10% -417.20% -318.40% 20212022202320242025
Gross margin (%)
65.60% -92.80% 42.40% 52.20% 59.80% 20212022202320242025
Operating margin (%)
-4038.10% -2709.80% -537.10% -420.10% -324.30% 20212022202320242025
Return on equity (%)
-302.60% -2002.70% -229.00% -249.10% 20212022202320242025
Shares outstanding
989954 1.1M 325039 3.1M 10.9M 20212022202320242025
Net debt ($)
20212022202320242025
Share buybacks ($)
20212022202320242025
Return on assets (%)
-76.00% -170.60% -245.60% -138.90% -116.70% 20212022202320242025
Free cash flow margin (%)
-2746.20% -1862.80% -428.40% -307.10% -279.40% 20212022202320242025
Debt / equity (×)
20212022202320242025
EPS ($)
-$7.81 -$23.62 -$68.64 -$11.26 -$1.70 20212022202320242025

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)

RatioFY2025FY2024FY2023FY2022FY2021
Gross margin59.8%52.2%42.4%-92.8%65.6%
Operating margin-324.3%-420.1%-537.1%-2709.8%-4038.1%
Net margin-318.4%-417.2%-532.1%-2737.6%-4405.0%
FCF margin-279.4%-307.1%-428.4%-1862.8%-2746.2%
Return on assets-116.7%-138.9%-245.6%-170.6%-76.0%
Return on equity-249.1%-229.0%-2002.7%-302.6%34.3%
Current ratio2.114.391.243.690.50

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