Stocktoria

Vericel Corp VCEL

Nasdaq · stock · Biological Products, (No Diagnostic Substances) · website · IPO 1997-02-04 · LEI

Vericel Corp statistics & valuation

Market cap$2.0B
P / E118.9×
P / S7.1×
P / B5.5×
P / FCF79.4×
Net margin6.0%
Return on equity4.7%
FCF margin9.0%
Return on capital2.5%
Graham number -84.4%$7.00

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($7.00); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
-36.00% -27.00% -9.00% -8.20% 2.30% -4.80% -10.20% -1.60% 4.40% 6.00% 2016201720182019202020212022202320242025
Gross margin (%)
47.90% 52.50% 64.60% 68.10% 67.80% 67.90% 66.80% 68.60% 72.60% 74.40% 2016201720182019202020212022202320242025
Operating margin (%)
-35.40% -23.40% -4.30% -9.50% 1.90% -5.00% -10.40% -3.30% 1.90% 4.00% 2016201720182019202020212022202320242025
Return on equity (%)
-79.20% -76.70% -8.00% -8.70% 2.10% -4.40% -8.70% -1.40% 3.50% 4.70% 2016201720182019202020212022202320242025
Shares outstanding
31.6M 35.9M 43.6M 44.9M 47.3M 46.9M 47.3M 47.8M 51.7M 52.2M 2016201720182019202020212022202320242025
Net debt ($)
$9.3M -$10.0M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
-40.30% -31.70% -6.90% -6.30% 1.40% -3.10% -6.10% -0.90% 2.40% 3.40% 2016201720182019202020212022202320242025
Free cash flow margin (%)
-39.20% -23.00% -3.40% -8.30% 12.00% 13.50% 6.10% 7.70% -2.40% 9.00% 2016201720182019202020212022202320242025
Debt / equity (×)
0.38× 0.75× 2016201720182019202020212022202320242025
EPS ($)
-$0.20 -$0.22 $0.06 -$0.16 -$0.35 -$0.07 $0.20 $0.32 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 margin74.4%72.6%68.6%66.8%67.9%67.8%68.1%64.6%52.5%47.9%
Operating margin4.0%1.9%-3.3%-10.4%-5.0%1.9%-9.5%-4.3%-23.4%-35.4%
Net margin6.0%4.4%-1.6%-10.2%-4.8%2.3%-8.2%-9.0%-27.0%-36.0%
FCF margin9.0%-2.4%7.7%6.1%13.5%12.0%-8.3%-3.4%-23.0%-39.2%
Return on assets3.4%2.4%-0.9%-6.1%-3.1%1.4%-6.3%-6.9%-31.7%-40.3%
Return on equity4.7%3.5%-1.4%-8.7%-4.4%2.1%-8.7%-8.0%-76.7%-79.2%
Debt / equity————————0.75×0.38×
Current ratio5.034.234.494.996.085.505.647.623.863.48

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