Saturday 17 October 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. In the quarter to June 2026, revenue grew 11.6%, EPS grew 57.7% and free cash flow fell 25.2%, each against the same quarter a year earlier. Revenue growth for ten consecutive years.
27.42
0.61
−2.18%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to June
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend | 2027e | 2028e | 2029e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 3.68 | 4.60 | 4.75 | 6.92 | 8.98 | 8.75 | 8.80 | 9.81 | 17.73 | 23.01 |
Analyst estimates 2027–2029 Powerpack |
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| High | 7.96 | 7.33 | 10.99 | 19.73 | 13.85 | 13.46 | 13.84 | 31.31 | 35.56 | 47.40 | |||||
| People | |||||||||||||||
| People | Employees | 115 | 132 | 119 | 120 | 132 | 156 | 170 | 174 | 180 | 197 | ||||
| Revenue/emp, $m | 0.22 | 0.21 | 0.26 | 0.27 | 0.27 | 0.27 | 0.28 | 0.31 | 0.36 | 0.37 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 26 | 28 | 31 | 32 | 36 | 42 | 48 | 55 | 64 | 74 | ||||
| Gross margin, % | 79.53 | 76.92 | 76.19 | 77.61 | 76.36 | 75.47 | 75.98 | 76.26 | 78.08 | 78.54 | |||||
| EBT | 4 | 3 | 3 | 5 | 3 | 3 | 4 | 7 | 10 | 14 | |||||
| EBT margin, % | 13.61 | 9.65 | 9.33 | 16.13 | 8.86 | 7.19 | 8.50 | 12.86 | 16.07 | 19.46 | |||||
| Net income | 2 | 2 | 2 | 4 | 2 | 2 | 3 | 5 | 8 | 11 | |||||
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
| 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 | ||||
| Earnings | 0.27 | 0.23 | 0.24 | 0.50 | 0.28 | 0.27 | 0.37 | 0.60 | 0.89 | 1.37 | |||||
| Cash flow | 0.15 | 0.30 | 0.31 | 0.50 | 0.36 | (0.08) | 0.16 | 1.06 | 1.35 | 1.17 | |||||
| Capex | (0.08) | (0.07) | (0.17) | (0.12) | (0.05) | (0.18) | (0.20) | (0.05) | (0.04) | (0.16) | |||||
| Free cash flow | 0.06 | 0.23 | 0.14 | 0.38 | 0.31 | (0.26) | (0.05) | 1.01 | 1.31 | 1.01 | |||||
| Book value | 2.33 | 2.75 | 3.10 | 3.60 | 3.78 | 4.03 | 4.45 | 5.20 | 5.11 | 6.53 | |||||
| Shares, m | 8 | 8 | 8 | 8 | 9 | 8 | 8 | 9 | 8 | 8 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 20.48 | 23.48 | 22.04 | 31.41 | 40.32 | 34.43 | 28.18 | 23.58 | 24.99 | 30.88 | ||||
| P/S | 1.75 | 1.57 | 1.40 | 3.98 | 2.70 | 1.96 | 1.89 | 2.21 | 2.90 | 4.74 | |||||
| P/B | 2.37 | 1.96 | 1.71 | 4.28 | 2.98 | 2.39 | 2.41 | 2.72 | 4.30 | 6.48 | |||||
| EV/Sales | 1.58 | 1.38 | 1.19 | 3.70 | 2.40 | 1.79 | 1.76 | 1.94 | 2.68 | 4.48 | |||||
| EV/FCF | 80.86 | 20.88 | 30.95 | 37.28 | 32.69 | (33.76) | (210.50) | 12.25 | 15.49 | 39.49 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 1 | 2 | 3 | 4 | 3 | (1) | 1 | 9 | 11 | 10 | ||||
| Capex | (1) | (1) | (1) | (1) | 0 | (2) | (2) | 0 | 0 | (1) | |||||
| Free cash flow | 1 | 2 | 1 | 3 | 3 | (2) | 0 | 9 | 11 | 8 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 16 | 18 | 21 | 25 | 27 | 27 | 30 | 36 | 35 | 45 | ||||
| Total debt | 1 | 1 | 0 | 0 | 0 | 0 | 0 | — | — | — | |||||
| Net debt | (4) | (6) | (8) | (10) | (12) | (8) | (7) | (16) | (15) | (20) | |||||
| Shareholders’ equity | 19 | 23 | 26 | 30 | 32 | 34 | 38 | 45 | 43 | 54 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 10.22 | 7.26 | 6.97 | 13.28 | 6.71 | 5.87 | 7.26 | 10.51 | 14.22 | 18.82 | ||||
| ROIC | 15.24 | 10.44 | 9.85 | 16.12 | 9.56 | 7.14 | 8.27 | 14.45 | 21.62 | 25.87 | |||||
| ROE | 12.59 | 8.79 | 8.20 | 14.86 | 7.54 | 6.92 | 8.81 | 12.53 | 17.18 | 23.26 | |||||
Negative figures in brackets.
Fiscal years to Jun 2026 · latest quarter Jun 2026
Charts ten years each
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 |
|---|---|---|---|---|---|---|---|---|---|
| QSI Quantum-Si Incorporated | $286.7M | — (loss-making) | — (loss-making) | −41.79% (below 0%: shrinking) | n/m | +9.75% (above 0%: growing) | 50.00% | (7,450.29%) | Compare |
| INFU InfuSystems Holdings, Inc. | $277.2M | 31.7× | 21.7× | +2.59% (above 0%: growing) | +33.33% (above 0%: growing) | −66.54% (below 0%: shrinking) | 57.98% | 11.24% | Compare |
| TMCI Treace Medical Concepts, Inc. | $267.9M | — (loss-making) | — (loss-making) | −4.24% (below 0%: shrinking) | n/m | +11.74% (above 0%: growing) | 78.47% | (32.96%) | Compare |
| CATX Perspective Therapeutics, Inc. | $267.1M | — (loss-making) | — (loss-making) | −72.07% (below 0%: shrinking) | n/m | −66.09% (below 0%: shrinking) | 100.00% | (36,120.99%) | Compare |
| LAB Standard BioTools Inc. | $258.5M | 2.9× | — (loss-making) | −7.62% (below 0%: shrinking) | n/m | +52.76% (above 0%: growing) | 52.40% | (126.28%) | Compare |
| TLSI TriSalus Life Sciences, Inc. | $240.1M | — (loss-making) | — (loss-making) | +1.73% (above 0%: growing) | n/m | −41.29% (below 0%: shrinking) | 86.78% | (86.03%) | Compare |
| ELMD Electromed, Inc. | $232.3M | 20.0× | 25.5× | +11.64% (above 0%: growing) | +57.69% (above 0%: growing) | −25.15% (below 0%: shrinking) | 78.71% | 19.70% | |
| PROF Profound Medical | $230.5M | — (loss-making) | — (loss-making) | +12.30% (above 0%: growing) | n/m | +17.51% (above 0%: growing) | 78.41% | (445.67%) | Compare |
| RXST RxSight, Inc. | $194.2M | — (loss-making) | — (loss-making) | +0.31% (above 0%: growing) | n/m | −94.39% (below 0%: shrinking) | 76.72% | (40.81%) | Compare |
| Median of peers | $262.8M | — | — | −1.96% | — | −15.77% | 77.57% | (106.15%) |
Electromed, Inc. (ELMD) key facts
- Strength: Electromed, Inc.’s revenue for fiscal 2026 (year ended June 2026) was $73.8 million, up 15.3% from fiscal 2025.
- Electromed, Inc. (ELMD) is a Medical Devices company in the Healthcare sector, listed on NYSE American.
- As of October 16, 2026, ELMD traded at $27.42, a market capitalization of $232.3 million.
- Return on equity was 23.3% and debt-to-equity 0.00.
- Its Piotroski F-score is 8 out of 9 and its Altman Z-score is 20.30 (safe zone) for fiscal 2026.
Electromed, Inc. (ELMD) Latest News
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