Friday 6 November 2026
Export ELMD’s income statement to Excel — free account
Electromed, Inc.
ELMD Healthcare Medical Devices
Electromed, Inc.’s revenue for fiscal 2026 (year ended June 2026) was $73.8 million, up 15.3% from fiscal 2025.
- Revenue
- +11.6%
- EPS
- +57.7%
- Free cash flow
- −25.2%
Quarter to June 2026, against a year earlier
27.00
0.23
+0.86%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to June
| Ten-year view | Analyst estimates Powerpack | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend | 10 yrs | 2027e | 2028e | 2029e | Next 3/yr |
| Income, $m | |||||||||||||||||
| Income, $m | Revenue | 26 | 28 | 31 | 32 | 36 | 42 | 48 | 55 | 64 | 74 | +12.4% | 83 | 92 | 103 | +11.8% | |
| Gross margin, % | 79.53 | 76.92 | 76.19 | 77.61 | 76.36 | 75.47 | 75.98 | 76.26 | 78.08 | 78.54 | (1.0) pt | ||||||
| EBT | 4 | 3 | 3 | 5 | 3 | 3 | 4 | 7 | 10 | 14 | +16.9% | ||||||
| EBT margin, % | 13.61 | 9.65 | 9.33 | 16.13 | 8.86 | 7.19 | 8.50 | 12.86 | 16.07 | 19.46 | +5.9 pt | ||||||
| Net income | 2 | 2 | 2 | 4 | 2 | 2 | 3 | 5 | 8 | 11 | +19.8% | ||||||
| Per share, $ | |||||||||||||||||
| Per share, $ | Revenue | 3.17 | 3.45 | 3.77 | 3.86 | 4.17 | 4.92 | 5.68 | 6.39 | 7.57 | 8.93 | +12.2% | |||||
| Earnings | 0.27 | 0.23 | 0.24 | 0.50 | 0.28 | 0.27 | 0.37 | 0.60 | 0.89 | 1.37 | +19.8% | ||||||
| Cash flow | 0.15 | 0.30 | 0.31 | 0.50 | 0.36 | (0.08) | 0.16 | 1.06 | 1.35 | 1.17 | +26.0% | ||||||
| Capex | (0.08) | (0.07) | (0.17) | (0.12) | (0.05) | (0.18) | (0.20) | (0.05) | (0.04) | (0.16) | +7.2% | ||||||
| Free cash flow | 0.06 | 0.23 | 0.14 | 0.38 | 0.31 | (0.26) | (0.05) | 1.01 | 1.31 | 1.01 | +36.5% | ||||||
| Book value | 2.33 | 2.75 | 3.10 | 3.60 | 3.78 | 4.03 | 4.45 | 5.20 | 5.11 | 6.53 | +12.1% | ||||||
| Shares, m | 8 | 8 | 8 | 8 | 9 | 8 | 8 | 9 | 8 | 8 | +0.1% | ||||||
| Valuation, × | |||||||||||||||||
| Valuation, × | P/E | 20.48 | 23.48 | 22.04 | 31.41 | 40.32 | 34.43 | 28.18 | 23.58 | 24.99 | 30.88 | 28.0 | |||||
| P/S | 1.75 | 1.57 | 1.40 | 3.98 | 2.70 | 1.96 | 1.89 | 2.21 | 2.90 | 4.74 | 2.5 | ||||||
| P/B | 2.37 | 1.96 | 1.71 | 4.28 | 2.98 | 2.39 | 2.41 | 2.72 | 4.30 | 6.48 | 3.2 | ||||||
| EV/Sales | 1.58 | 1.38 | 1.19 | 3.70 | 2.40 | 1.79 | 1.76 | 1.94 | 2.68 | 4.48 | 2.3 | ||||||
| EV/FCF | 80.86 | 20.88 | 30.95 | 37.28 | 32.69 | (33.76) | (210.50) | 12.25 | 15.49 | 39.49 | 2.6 | ||||||
| Cash, $m | |||||||||||||||||
| Cash, $m | Operating cash flow | 1 | 2 | 3 | 4 | 3 | (1) | 1 | 9 | 11 | 10 | +26.2% | |||||
| Capex | (1) | (1) | (1) | (1) | 0 | (2) | (2) | 0 | 0 | (1) | +7.3% | ||||||
| Free cash flow | 1 | 2 | 1 | 3 | 3 | (2) | 0 | 9 | 11 | 8 | +36.6% | ||||||
| Balance, $m | |||||||||||||||||
| Balance, $m | Working capital | 16 | 18 | 21 | 25 | 27 | 27 | 30 | 36 | 35 | 45 | +12.5% | |||||
| Net debt | (4) | (6) | (8) | (10) | (12) | (8) | (7) | (16) | (15) | (20) | +18.5% | ||||||
| Shareholders’ equity | 19 | 23 | 26 | 30 | 32 | 34 | 38 | 45 | 43 | 54 | +12.3% | ||||||
| Returns, % | |||||||||||||||||
| Returns, % | ROA | 10.22 | 7.26 | 6.97 | 13.28 | 6.71 | 5.87 | 7.26 | 10.51 | 14.22 | 18.82 | +8.6 pt | |||||
| ROIC | 15.24 | 10.44 | 9.85 | 16.12 | 9.56 | 7.14 | 8.27 | 14.45 | 21.62 | 25.87 | +10.6 pt | ||||||
| ROE | 12.59 | 8.79 | 8.20 | 14.86 | 7.54 | 6.92 | 8.81 | 12.53 | 17.18 | 23.26 | +10.7 pt | ||||||
| People | |||||||||||||||||
| People | Employees | 115 | 132 | 119 | 120 | 132 | 156 | 170 | 174 | 180 | 197 | +6.2% | |||||
| Revenue/emp, $m | 0.22 | 0.21 | 0.26 | 0.27 | 0.27 | 0.27 | 0.28 | 0.31 | 0.36 | 0.37 | +5.8% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Jun 2026 · latest quarter Jun 2026
Electromed, Inc. vs peers in Medical Devices (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 |
|---|---|---|---|---|---|---|---|---|---|
| INFU InfuSystems Holdings, Inc. | $270.1M | 32.0× | 33.0× | +2.59% (above 0%: growing) | +33.33% (above 0%: growing) | −66.54% (below 0%: shrinking) | 57.98% | 11.24% | Compare |
| QSI Quantum-Si Incorporated | $256.1M | — (loss-making) | — (loss-making) | −61.59% (below 0%: shrinking) | n/m | +37.48% (above 0%: growing) | 34.91% | (11,215.09%) | Compare |
| PROF Profound Medical | $251.3M | — (loss-making) | — (loss-making) | +85.86% (above 0%: growing) | n/m | +47.93% (above 0%: growing) | 78.13% | (79.56%) | Compare |
| LAB Standard BioTools Inc. | $245.7M | 1.8× | — (loss-making) | −0.85% (below 0%: shrinking) | n/m | +73.32% (above 0%: growing) | 55.86% | (101.98%) | Compare |
| ELMD Electromed, Inc. | $221.8M | 19.4× | 18.6× | +11.64% (above 0%: growing) | +57.69% (above 0%: growing) | −25.15% (below 0%: shrinking) | 78.71% | 19.70% | |
| TLSI TriSalus Life Sciences, Inc. | $217.4M | — (loss-making) | — (loss-making) | +1.73% (above 0%: growing) | n/m | −41.29% (below 0%: shrinking) | 86.78% | (86.03%) | Compare |
| RXST RxSight, Inc. | $190.4M | — (loss-making) | — (loss-making) | −18.97% (below 0%: shrinking) | n/m | +2,591.06% (above 0%: growing) | 73.62% | (75.32%) | Compare |
| STIM Neuronetics, Inc. | $185.2M | — (loss-making) | — (loss-making) | +12.51% (above 0%: growing) | n/m | +237.71% (above 0%: growing) | 52.17% | 1.29% | Compare |
| INGN Inogen, Inc | $179.7M | — (loss-making) | — (loss-making) | +3.04% (above 0%: growing) | n/m | −51.15% (below 0%: shrinking) | 45.51% | (5.36%) | Compare |
| Median of peers | $231.5M | — | — | +2.16% | — | +42.71% | 56.92% | (77.44%) |
Pay and ownership Proxy statement filed 29 September 2026
Chief executive’s pay
| Year | Total pay | Actually paid | $100 invested |
|---|---|---|---|
| 2026 | 1.81m | 4.27m | 394.96 |
| 2025 | 1.49m | 4.85m | 205.32 |
| 2024 | 3.00m | 4.40m | 140.34 |
Ownership
Directors and executive officers, together
11.00%
Stephen H. Craney
7.20%
Dr. George H. Winn
6.00%
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