Vericel (VCEL) Financials

$39.55

$-0.47 (-1.17%)

As on 21-Sep-2026 16:00EDT

Market cap

$2,049 Mln

Revenue (TTM)

$306 Mln

P/E Ratio

83.4

P/B Ratio

5.5

Div. Yield

0 %

Annual
Quarterly

Income Statement ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Operating Revenue	306.30	276.26	237.22	197.52	164.37	156.18
Cost of Revenue	77.92	70.66	65.12	61.94	54.58	50.16
Gross Profit	228.38	205.60	172.11	135.58	109.79	106.03
Operating Expenses	210.15	194.56	167.59	142.04	126.85	113.88
Operating Profit (EBIT)	18.24	11.04	4.52	-6.46	-17.06	-7.85
Other Income	--	--	--	--	1.44	0.28
Profit before Tax	25.08	17.38	10.51	-2.37	-15.99	-7.58
Provision for Tax	0.86	0.86	0.15	0.81	0.72	-0.11
Profit after Tax (Net Income)	24.22	16.52	10.36	-3.18	-16.71	-7.47
Minority Interest	--	--	--	--	--	--
Consolidated Profit	--	--	--	--	-16.71	-7.47

Liabilities ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Shareholder's Funds	370.04	354.64	291.97	225.95	192.27	170.46
Minority Interest	--	--	--	--	--	--
Non-Current Liabilities	80.29	84.18	90.47	81.96	43.27	47.19
Current Liabilities	52.53	49.15	50.29	45.75	37.46	26.05
Total Liabilities	555.40	487.97	432.72	353.66	273.00	243.71

Assets ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Non-Current Assets	238.14	240.53	219.95	148.03	86.14	85.24
Current Assets	264.73	247.44	212.78	205.63	186.87	158.46
Total Assets	555.40	487.97	432.72	353.66	273.00	243.71
Total Debt*	92.54	98.27	98.85	88.04	47.57	50.18
Net Current Assets	212.20	198.29	162.49	159.88	149.40	132.41

Cashflow ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Cash From Operating Activities	--	51.91	58.16	35.31	17.69	29.04
Cash Flow from Investing Activities	--	-43.94	-79.03	-3.13	-36.21	-3.50
Cash from Financing Activities	--	7.07	19.05	3.62	1.05	9.17
Net Cash Inflow / Outflow	--	--	--	--	-17.47	34.71

Financials Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Adjusted EPS ($)	0.46	0.32	0.20	-0.06	-0.34	-0.15
Cash EPS ($)	--	0.54	0.30	0.03	-0.26	-0.09
Adjusted Book Value ($)	--	6.81	5.59	4.47	3.91	3.41
Dividend per Share ($)	--	--	--	--	--	--
Cash Flow per Share ($)	--	1.00	1.11	0.70	0.36	0.58
Free Cash Flow per Share ($)	--	0.48	-0.11	0.15	0.21	0.42

Profitability Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
ROCE (%)	--	3.92	2.94	-1.15	-7.26	-3.66
ROE (%)	6.68	5.11	4.00	-1.52	-9.21	-4.90
ROA (%)	4.69	3.59	2.64	-1.02	-6.47	-3.33
EBIT Margin (%)	8.39	6.85	4.69	-0.90	-9.50	-4.85
Net Margin (%)	7.91	5.98	4.37	-1.61	-10.08	-4.78
Cash Profit Margin (%)	0.00	--	--	--	--	--

Growth Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Revenue Growth (%)	22.95	0.16	0.20	0.20	0.05	0.26
EBIT Growth (%)	226.56	70.20	729.19	88.68	-106.15	-348.46
Net Profit Growth (%)	240.80	59.41	425.64	80.96	-123.65	-360.86
EPS Growth (%)	271.58	0.60	4.15	0.81	-1.27	-3.51
Book Value Growth (%)	19.29	--	--	--	--	--

Valuation Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Price / Earnings	83.38	113.52	276.67	-565.28	-77.56	-262.70
Price / Book Value	5.54	5.29	9.82	7.96	6.74	11.51
Dividend Yield (%)	--	--	--	--	--	--
EV/EBITDA	51.27	60.60	171.37	620.54	-105.15	-413.91
Close Price ($)	44.49	36.01	54.91	35.61	26.34	39.30
High Price ($)	46.62	63.00	61.49	39.90	43.97	68.94
Low Price ($)	28.95	29.24	32.31	23.39	17.30	30.03
Market Cap ($ Cr)	2,049.29	--	--	--	--	--

Solvency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debt to Equity	--	0.28	0.34	0.39	0.25	0.29
Short term debt to equity ratio	0.04	0.04	0.03	0.03	0.02	0.02
Current Ratio	5.04	5.03	4.23	4.49	4.99	6.08
Quick Ratio	4.69	4.68	3.89	4.21	4.56	5.57
Interest Coverage	40.19	12.17	18.12	-2.95	-42.68	-1,894.50

Operating Efficiency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debtors to sales (%)	24.72	30.64	25.87	29.54	28.31	23.97
Asset Turnover	0.59	0.60	0.60	0.63	0.64	0.70
Receivable days	--	96.52	92.17	96.99	93.31	84.12
Inventory Days	--	90.29	85.43	85.72	98.27	82.78
Payable days	--	102.54	129.56	115.81	86.82	57.42
Cash Conversion Cycle	--	84.26	48.04	66.90	104.75	109.48

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.