The Cooper Companies, Inc.

COO Healthcare Medical Instruments & Supplies

The Cooper Companies, Inc.’s revenue for fiscal 2025 (year ended October 2025) was $4.1 billion, up 5.06% from fiscal 2024.

Revenue
+0.56%
EPS
+357.1%
Free cash flow
+66.0%
Total debt
+2.66%

Quarter to July 2026, against a year earlier

63.44 0.98 −1.52%
Market cap
$12.1B
P/E
21.7×
Fwd P/E
17.5×
Dividend yield
—
F-score
5/9
Altman Z
3.48
Beneish M
−2.50
Dividend safety
n/a

Revenue by segment Fiscal 2025

  • CooperVision
  • CooperSurgical

Every year since 2009 →

Insider Decisions last twelve months

Bought, $m 3.18
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy 5 — — — — — — — — 4 — —
Sell — — — — — — — — — — — —
Insider Ownership 2.10%

Capital & Financial Ratios $m

Size
Market Cap 12,080.00
Revenue ttm 4,236.90
Net income ttm 570.30
Free cash flow ttm 678.00
Net debt Q 2,389.50
Valuation
P/E 21.65
Forward P/E 17.50
Price / sales 2.89
Forward P/S Powerpack
Price / FCF 18.06
Price / book 1.47
Financial health
Current ratio Q 1.22
Debt / equity Q 0.31 (at or below 0.5: strong)
Interest coverage Q 10.33
Growth
Revenue growth Q +0.56% (above 0%: growing)
Operating income growth Q +26.35% (above 0%: growing)
EPS, this year +9.96%
EPS, next year A +3.32%
Revenue, next year A +3.58%
EPS, past 5 yrs +9.23%
EPS, next 5 yrs A +7.25%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 14.37%
10-year low 10-year high
P/S against its own 10 years 2.31%
10-year low 10-year high
P/B against its own 10 years 2.27%
10-year low 10-year high
EV/Sales against its own 10 years 2.38%
10-year low 10-year high
EV/FCF against its own 10 years 1.47%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—
Growth, 2017–25
−100.0%/yr
  1. 0.02 ’17
  2. 0.02 ’18 +0
  3. 0.02 ’19 +0
  4. 0.02 ’20 +0
  5. 0.02 ’21 +0
  6. 0.02 ’22 +0
  7. 0.02 ’23 +0
  8. 0.00 ’24 −100
  9. 0.00 ’25
paid change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 121 108 111 155
Receivables 610 717 829 789
Inventory 736 803 846 912
Other — — — —
1,705 1,952 2,106 2,282
2023 2024 2025 Q'26
Payables 262 261 300 251
ST’ Debt 45 33 48 628
Other 363 424 426 367
969 1,023 1,113 1,867

Compound Annual Growth %

10y 5y 3y
Sales 8.58% 10.98% 7.35%
Cash Flow 7.37% 10.35% 4.76%
Earnings 6.30% 9.48% (0.95%)
Book Value 11.91% 16.59% 4.72%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Jan Apr Jul Oct Year
’26 0.66 (0.40) 2.24 — —
’25 0.52 0.44 0.49 0.43 1.87
’24 0.41 0.44 0.52 0.58 1.96
’23 0.43 0.20 0.43 0.43 1.48
’22 0.48 0.64 0.50 0.33 1.94
’21 10.58 0.59 3.09 0.55 14.79
’20 0.46 0.06 0.28 0.41 1.20
Fiscal quarters ending in the months shown.

Revenue $m

Jan Apr Jul Oct Year
’26 1,024 1,082 1,066 — —
’25 965 1,002 1,060 1,065 4,092
’24 932 943 1,003 1,018 3,895
’23 859 877 930 927 3,593
’22 787 830 843 848 3,308
’21 681 720 763 759 2,923
’20 646 525 578 682 2,431
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Jan Apr Jul Oct Year
’26 261 183 342 — —
’25 191 96 261 248 796
’24 123 111 208 268 709
’23 167 124 143 174 608
’22 166 132 264 131 692
’21 148 193 224 175 739
’20 130 26 113 218 487
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Jan Apr Jul Oct Year
’26 159 96 273 — —
’25 101 18 165 150 434
’24 5 37 119 128 288
’23 84 51 52 29 215
’22 109 88 217 36 450
’21 92 143 180 110 524
’20 61 (63) 68 111 176
Fiscal quarters ending in the months shown.

Valuation

The price implies free cash flow after share-based pay growing 13.3% a year for ten years. It grew 3.0% a year over the last ten.

Implied
13.3%
10 years, reported
3.0%
Open the model

Target Price Range

Analyst price targets

Recommendation Rating

2.4
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to October

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jul ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 1,967 2,139 2,533 2,653 2,431 2,923 3,308 3,593 3,895 4,092 4,237 +8.5% 4,239 4,409 4,620 +4.1%
Gross margin, % 59.65 63.85 64.45 66.21 63.14 66.92 64.67 65.62 66.64 65.54 65.93 +5.9 pt
EBT 296 394 332 477 267 492 475 413 582 567 462 +7.5%
EBT margin, % 15.03 18.42 13.10 17.99 10.96 16.82 14.37 11.49 14.95 13.84 10.91 (1.2) pt
Net income 275 373 140 467 238 2,945 386 294 392 375 570 +3.5%
Per share, $
Per share, $ Revenue 10.14 10.94 12.90 13.43 12.38 14.85 16.76 18.16 19.58 20.55 21.95 +8.2%
Earnings 1.40 1.88 0.70 2.33 1.20 14.79 1.94 1.48 1.96 1.87 2.93 +3.3%
Cash flow 2.63 3.03 3.41 3.61 2.48 3.75 3.51 3.07 3.57 4.00 5.35 +4.8%
Capex (0.79) (0.65) (0.99) (1.48) (1.58) (1.09) (1.23) (1.98) (2.12) (1.82) (1.84) +9.8%
Free cash flow 1.84 2.38 2.42 2.13 0.90 2.66 2.28 1.09 1.45 2.18 3.51 +1.9%
Book value 13.90 16.24 16.84 18.36 19.47 35.27 36.35 38.16 40.64 41.38 43.15 +12.9%
Shares, m 194 196 196 198 196 197 197 198 199 199 196 +0.3%
Valuation, ×
Valuation, × P/E 31.49 31.95 92.92 31.16 66.64 7.12 35.23 52.75 53.68 37.19 21.65 44.0
P/S 4.34 5.49 5.01 5.42 6.47 7.10 4.08 4.29 5.35 3.40 2.89 5.1
P/B 3.17 3.70 3.83 3.96 4.11 2.99 1.88 2.04 2.58 1.69 1.47 3.0
EV/Sales 4.97 6.00 5.78 6.07 7.16 7.58 4.87 4.97 5.98 3.99 3.45 5.7
EV/FCF 27.37 27.52 30.78 38.26 98.84 42.25 35.78 83.13 80.86 37.62 21.58 50.2
Cash, $m
Cash, $m Operating cash flow 510 594 669 713 487 739 692 608 709 796 1,033 +5.1%
Capex (153) (127) (194) (292) (310) (214) (242) (392) (421) (362) (355) +10.1%
Free cash flow 357 466 475 421 176 524 450 215 288 434 678 +2.2%
Balance, $m
Balance, $m Working capital 394 557 554 53 270 733 253 736 929 994 415 +10.8%
Net debt 1,233 1,084 1,945 1,737 1,677 1,385 2,625 2,448 2,476 2,395 2,390 +7.7%
Shareholders’ equity 2,696 3,176 3,308 3,629 3,825 6,942 7,175 7,551 8,084 8,239 8,328 +13.2%
Returns, %
Returns, % ROA 6.13 7.99 2.55 7.54 3.66 36.03 3.66 2.54 3.27 3.03 4.55 (3.1) pt
ROIC 5.16 6.30 4.80 6.37 3.54 3.80 3.24 3.33 4.18 4.01 3.17 (1.2) pt
ROE 10.20 12.70 4.32 13.46 6.40 54.70 5.47 4.00 5.02 4.59 6.84 (5.6) pt
People
People Employees 10,600 11,800 12,000 12,000 12,000 12,000 14,000 15,000 16,000 15,000 — +3.9%
Revenue/emp, $m 0.19 0.18 0.21 0.22 0.20 0.24 0.24 0.24 0.24 0.27 — +4.4%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Oct 2025 · latest quarter Jul 2026

Business profile

Updated

The Cooper Companies is a medical-device company founded in 1958 and headquartered in San Ramon. Albert G. White III is President and Chief Executive Officer. The company sells products in more than 130 countries through two businesses: CooperVision and CooperSurgical.

CooperVision makes contact lenses for people who need vision correction. Its lenses address ordinary near- and farsightedness as well as astigmatism, presbyopia and myopia. The range includes daily disposable, two-week and monthly lenses, with spherical, toric and multifocal designs. It also sells products for myopia management and specialty eyecare, including orthokeratology and scleral lenses.

Where the money comes from and where it goes Fiscal 2025

Fiscal 2025: revenue by segment, and margins
CooperVision 2,744 67.05%
CooperSurgical 1,349 32.95%
Gross margin 65.54%
Operating margin 16.69%
Pre-tax margin 13.84%

Revenue by segment since 2009

The Cooper Companies, Inc. vs peers in Medical Instruments & Supplies (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
SOLV Solventum Corporation $14.8B 97.3× 47.7× −7.01% (below 0%: shrinking) n/m +561.90% (above 0%: growing) 0.00% 0.00% Compare
BAX Baxter International Inc. $13.3B — (loss-making) 21.3× +4.97% (above 0%: growing) n/m +255.56% (above 0%: growing) 33.40% 7.56% Compare
COO The Cooper Companies, Inc. $12.1B 21.7× 17.5× +0.56% (above 0%: growing) +357.14% (above 0%: growing) +65.96% (above 0%: growing) 66.77% 20.82%
ALGN Align Technology, Inc. $11.3B 23.1× 20.4× +1.92% (above 0%: growing) +143.87% (above 0%: growing) +8.26% (above 0%: growing) 68.73% 16.67% Compare
RGEN Repligen Corporation $10.8B — (loss-making) — (loss-making) +10.86% (above 0%: growing) n/m −11.46% (below 0%: shrinking) 53.02% (14.12%) Compare
AVTR Avantor, Inc. $10.3B 30.3× 34.8× +4.59% (above 0%: growing) n/m −9.03% (below 0%: shrinking) 31.49% 8.21% Compare
ATR AptarGroup, Inc. $9.1B 34.6× 25.9× +6.03% (above 0%: growing) −73.85% (below 0%: shrinking) −16.86% (below 0%: shrinking) 36.59% 13.25% Compare
BLCO Bausch + Lomb Corporation $7.1B — (loss-making) 749× +7.34% (above 0%: growing) n/m +182.54% (above 0%: growing) 64.65% 11.27% Compare
TFX Teleflex Incorporated $6.5B — (loss-making) 37.4× +28.88% (above 0%: growing) −17.33% (below 0%: shrinking) +220.14% (above 0%: growing) 58.16% 12.77% Compare
Median of peers $10.5B 32.4× 34.8× +5.50% −17.33% +95.40% 44.81% 9.74%

All 53 Medical Instruments & Supplies stocks →

From the latest earnings call

Updated

  • Al White said CooperVision’s U.S. revenue outlook reflects channel-inventory reductions, while U.S. consumption continued at a mid-single-digit rate.
  • Brian Andrews said the company is expanding commercial investment while targeting $2.2 billion of cumulative free cash flow across fiscal 2026 through 2028.

Largest institutional holders 13F, quarter to 30 June 2026

Held by institutions 107.38%
Held by the ten largest 48.73%
Holder Shares Stake Change
Vanguard 23.47m 12.04% +25.48k
BlackRock 15.03m 7.71% −1.59m
T. Rowe Price 13.01m 6.67% −1.44m
State Street 8.89m 4.56% +124.22k
BROWNING WEST LP 7.20m 3.69% +215.90k
UBS 6.48m 3.32% +515.74k
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 5.43m 2.78% −1.19m
Geode Capital Management 5.36m 2.75% +48.29k
Franklin Templeton 5.20m 2.67% +206.07k
GENERATION INVESTMENT MANAGEMENT LLP 4.97m 2.55% +369.28k
13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.

Pay and ownership Proxy statement filed 24 February 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 16.05m 1.77m 67.09
2024 15.43m 39.83m 100.46
2023 13.49m 22.31m 74.80
2022 11.74m (9.23m) 65.59
2021 10.99m 36.21m 100.00

Ownership

Directors and executive officers, together 2.08%
The Vanguard Group, Inc.100 Vanguard Blvd.Malvern, PA 11.57%
BlackRock, Inc.50 Hudson YardsNew York, NY 7.10%
Capital World Investors333 South Hope Street, 5.50%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

The Cooper Companies, Inc. (COO) Latest News

30 Oct

27 Oct

Impact 3 · · StockStory

23 Oct

20 Oct

Impact 3 · · StockStory

COO metrics, ten years each

stockrow.com/COO · Data as of Jul 31, 2026 · For information only; not investment advice. · © 2026 stockrow.com