Harvard Bioscience, Inc.

HBIO Healthcare Medical Instruments & Supplies

Harvard Bioscience, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $86.6 million, down 8.06% from fiscal 2024.

Revenue
+11.1%
EPS
−28.0%
Free cash flow
−123.4%
Total debt
+5.21%

Quarter to June 2026, against a year earlier

8.55 0.06 −0.70%
Market cap
$38.5M
P/E
0.0×
Fwd P/E
−4.6×
Dividend yield
—
F-score
4/9
Altman Z
−4.01
Beneish M
−6.52
Dividend safety
n/a

Harvard Bioscience, Inc. (HBIO) EV/Sales

Alert me on EV/Sales

As of 5 November 2026, Harvard Bioscience, Inc. (HBIO) trades at a EV/Sales of 1.2×. Over the past ten years it has ranged from 0.8× (November 2016) to 17.2× (March 2015); the current reading is higher than 31% of that period. That is below the Medical Instruments & Supplies industry median of 2.8× and below the Healthcare sector median of 3.5×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 1.1× (37.79%)
FY2024 1.7× (27.35%)
FY2023 2.3× 71.84%
FY2022 1.4× (50.50%)
FY2021 2.7× 35.80%
FY2020 2.0× 45.38%
FY2019 1.4× (0.81%)
FY2018 1.4× (10.90%)
FY2017 1.6× 52.48%
FY2016 1.0× (13.18%)

Quarterly newest first

Period EV/Sales Change
Jun 2026 1.0× 5.57%
Mar 2026 1.0× (5.55%)
Dec 2025 1.1× 13.37%
Sep 2025 0.9× 1.10%
42 more quarters

Against its own ten years

Low 0.8× High 17.2×
Ten-year median 1.5×
Current reading's percentile 32

EV/Sales against peers

Company EV/Sales
DXR Daxor Corporation compare −12.5×
RVP Retractable Technologies, Inc. compare −0.7×
BNGO Bionano Genomics, Inc. compare 0.7×
POCI Precision Optics Corp. compare 1.1×
HBIO Harvard Bioscience, Inc. 1.2×
NEPH Nephros Inc. compare 1.4×
MLSS Milestone Scientific, Inc. compare 2.8×
ZTEKF Zentek Ltd. compare 259×
DAVI Davion Healthcare PLC compare —
Medical Instruments & Supplies industry median 2.8×
Healthcare sector median 3.5×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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