Smith & Nephew SNATS, Inc. SNN

26.91 0.23 0.86% as of 25 Sep
Market cap
$11.2B
P/E
32.8×
Growth Flags show if company had growth for consecutive years

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 6.93%

Capital & Financial Ratios

Market Cap 11,170.00
Revenue 10,498.22
Net Income 2,019.00
Free Cash Flow 2,025.00
Net Debt 2,458.00
Current Ratio 2.14
Debt/Equity 0.62
P/E ratio 32.80
P/S ratio 1.15
P/B ratio 2.33
Past 5Y EPS Growth (7.22%)
This Y EPS Growth 7.52%
Next Y EPS Growth 8.95%
Next 5Y EPS Growth 9.42%
in millions of $

Dividends

Payout Ratio 1.50
Annual Dividend Rate 0.75
Annual Dividend Yield 2.67%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.53
0.48
0.31
2025 0.56
0.46
0.30
2024 0.75
0.46
0.29
2023 0.75
0.46
0.29
2022 0.75
0.46
0.29
2021 0.75
0.46
0.29
2020 0.75
0.46
0.29
2019 0.73
0.44
0.29
2018 0.73
0.45
0.28
2017 0.62
0.37
0.25
2016 0.63
0.38
0.25
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 302 619 557 754
Receivables 1,333 1,415 1,429 1,520
Inventory 2,395 2,387 2,117 2,113
Other — — — —
4,030 4,421 4,103 4,387
2023 2024 2025 Q'26
Payables 1,055 1,128 1,177 1,249
ST’ Debt — — — —
Other 451 340 268 229
2,271 1,531 1,595 2,051
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 2.89% 6.21% 5.73%
Cash Flow 2.24% 6.57% 40.03%
Earnings 4.31% 6.89% 40.99%
Book Value 2.92% 0.04% 0.19%

Revenue

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — 6,164
’24 — — — — 5,810
’23 — — — — 5,549
’22 — — — — 5,215
’21 — — — — 5,212
’20 — — — — 4,560
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 — 450 — — —
’25 — 396 — 1,285 1,285
’24 — 238 — 987 987
’23 — 113 — 608 608
’22 — 207 — 468 468
’21 — 363 — 877 877
’20 — 73 — 935 935
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 — 260 — — —
’25 — 269 — 890 890
’24 — 66 — 606 606
’23 — (54) — 181 181
’22 — 34 — 110 110
’21 — 188 — 469 469
’20 — (115) — 492 492
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — 1.43
’24 — — — — 0.94
’23 — — — — 0.60
’22 — — — — 0.51
’21 — — — — 1.20
’20 — — — — 1.02
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
26.97 29.76 32.22 35.39 26.07 31.55 21.78 21.53 23.65 23.69

Analyst estimates 2026–2028

Powerpack
Low Price
35.38 40.43 39.85 48.93 52.26 46.10 36.68 33.09 31.72 38.79
High Price
15,644 15,933 16,377 17,637 18,000 18,000 19,012 18,452 17,349 16,988
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
4,669 4,765 4,904 5,138 4,560 5,212 5,215 5,549 5,810 6,164
Revenue
72.76% 73.81% 73.53% 73.96% 69.39% 70.40% 70.47% 68.82% 69.64% 68.01%
Gross Margin
1,062 879 781 743 246 586 235 290 498 779
EBT
22.75% 18.45% 15.93% 14.46% 5.39% 11.24% 4.51% 5.23% 8.57% 12.64%
EBT Margin
1,062 879 781 743 246 586 235 290 498 779
Net Income
463 447 435 502 562 567 617 683 645 573
Depreciation
10.49 10.90 11.23 11.76 10.42 11.89 11.96 12.74 13.31 14.22
Revenue/Sh
1.76 1.76 1.52 1.37 1.03 1.20 0.51 0.60 0.94 1.44
Earnings/Sh
1.91 2.49 2.13 2.67 2.14 2.00 1.07 1.40 2.26 2.96
Cash Flow/Sh
(0.88) (0.86) (0.79) (0.93) (1.01) (0.93) (0.82) (0.98) (0.87) (0.91)
Capex/Sh
1.03 1.63 1.34 1.74 1.12 1.07 0.25 0.42 1.39 2.05
Free CF/Sh
8.89 10.63 11.17 11.76 12.07 12.70 12.06 11.98 12.06 12.20
Book Value/Sh
445 437 437 437 438 439 436 436 437 434
Shares
26.63 30.99 30.51 32.50 34.97 30.83 31.96 32.73 29.96 39.99
PE Ratio
2.92 3.40 2.81 2.43 1.92 1.58 1.19 1.15 1.05 1.40
PS Ratio
3.41 3.38 3.45 4.20 3.59 2.79 2.33 2.31 2.10 2.79
PB Ratio
3.24 3.67 2.97 2.62 2.09 1.74 1.42 1.34 1.30 1.65
EV/Sales
9.10 8.40 11.15 13.23 14.32 16.55 18.26 51.97 17.13 9.48
EV/FCF
849 1,090 931 1,168 935 877 468 608 987 1,285
Op' Cash Flow
(392) (376) (347) (408) (443) (408) (358) (427) (381) (395)
Capex
457 714 584 760 492 469 110 181 606 890
FCF
1,181 1,385 1,612 1,655 2,976 2,293 2,141 1,759 2,890 2,508
Working Cap'
1,564 1,423 1,301 1,975 3,353 2,848 2,712 2,319 3,258 3,177
Total Debt
1,464 1,254 936 1,698 1,591 1,558 2,362 2,017 2,639 2,620
Net Debt
3,958 4,644 4,874 5,141 5,279 5,568 5,259 5,217 5,265 5,289
Sh' Equity
10.81% 10.09% 8.33% 6.91% 4.41% 4.78% 2.14% 2.64% 4.05% 6.01%
ROA
9.23% 9.90% 9.28% 7.45% 2.68% 5.20% 3.69% 3.67% 5.20% 6.27%
ROIC
19.79% 17.83% 13.93% 11.98% 8.60% 9.66% 4.12% 5.02% 7.86% 11.84%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Dec 2014

Smith & Nephew SNATS, Inc. peers in Medical Devices

All 149 Medical Devices stocks →

Smith & Nephew SNATS, Inc. (SNN) key facts

  • Smith & Nephew SNATS, Inc. (SNN) is a Medical Devices company in the Healthcare sector, traded in the US as an ADR.
  • Smith & Nephew SNATS, Inc.’s revenue for fiscal 2025 (year ended December 2025) was GBP 6.2 billion, up 6.09% from fiscal 2024.
  • Net income was GBP 779.0 million, or GBP 1.44 per share (basic), a net margin of 10.1%.
  • As of September 25, 2026, SNN traded at $26.91, a market capitalization of $11.2 billion.
  • At that price the stock trades at 32.8× trailing-twelve-month earnings and 1.2× sales.
  • Smith & Nephew SNATS, Inc. pays an annual dividend of $0.75 per share, a yield of 2.67%, with a payout ratio of 150.0%.
  • Return on equity was 11.8% and debt-to-equity 0.62.

Source: company filings (standardised) and stockrow calculations.

Smith & Nephew SNATS, Inc. (SNN) Latest News

News by impact score

Fine-tune

23 Sep

4

Smith+Nephew launches EVOS PELVIC Plating System, the next evolution of EVOS for pelvic and acetabular fracture management, expanding the EVOS platform. The all-in-one system combines pre-contoured plates for the posterior wall, quadrilateral surface and pubic symphysis with locking and non-locking utility plates, a new pelvis-specific cannulated screw system, and specialized instruments to support exposure, reduction and plate placement. Intended to enable plate-assisted reduction and maintain reduction until union. The company says the system broadens trauma offerings, improves procedural efficiency and addresses a spectrum of injuries from simple to complex, suitable for patients from young to elderly with compromised bone. It is currently available in the United States and will be showcased at the OTA Annual Meeting in Nashville, with previews at Smith+Nephew's booth. Availability in other markets may vary. Launch extends EVOS into pelvic/acetabular trauma, potentially expanding addressable market and boosting future sales and market share.

4

Smith+Nephew launches the EVOS PELVIC Plating System at the 2026 Orthopaedic Trauma Association Annual Meeting, expanding the EVOS platform for pelvic and acetabular fracture management. The all-in-one system combines pre-contoured plates for the posterior wall, quadrilateral surface and pubic symphysis, locking and non-locking utility plates, a pelvis-specific cannulated screw system, and specialized exposure, reduction and placement instruments to streamline complex pelvic surgery. Built on EVOS’s proven track record of procedural efficiency and plate-assisted reduction, it aims to improve reduction accuracy and maintenance until union. Availability is currently US-based, with timing in other markets to vary. Surgeons can preview at booth #301 during OTA in Nashville, and visit Smith+Nephew’s Mini Surgical Suite for one-on-one discussions with the design surgeons. The launch represents a milestone in expanding the EVOS portfolio and advancing trauma care. A comprehensive pelvic/acetabular system broadens the trauma portfolio and could meaningfully influence surgeon adoption and future sales.

22 Sep

4

Smith+Nephew announced FDA 510(k) clearance for LANDMARK Total Knee System and completed the first surgeries. LANDMARK is a next-generation knee replacement designed to replicate healthy knee anatomy and natural motion, aiming for a personalized approach to total knee arthroplasty. The design emphasizes an anatomy-driven implant to leverage CORI KNEE Handheld Robotics Arthroplasty, enabling planning and balancing with a compact footprint suitable for hospitals and ambulatory surgical centers. Key features include a smooth trochlear groove for patellar tracking and a fully 3D-printed femoral component using CONCELOC Technology. First cases were performed by Dr. Steven MacDonald in London, Ontario; other surgeons involved include Dr. Steven Haas of HSS. A phased launch is planned, with broader availability across markets expected in 2027. The company will reveal LANDMARK at the AAHKS meeting in Dallas in early November. This aligns with demand for personalized knee solutions. FDA clearance and first surgeries for LANDMARK Knee with CORI robotics create a major new growth catalyst for Smith+Nephew.

21 Sep

4

Smith+Nephew will showcase its shoulder repair and reconstruction technologies at ICSES 2026 in Vancouver (Sept. 22–25). Highlights include the TENDON SEAM Rotator Cuff Repair System, which the company says provides superior load sharing and a 2x increase in repair strength with reduced gap formation versus traditional methods; the REGENETEN Bioinductive Implant, widely used since 2014 to lower retear risk and accelerate recovery; the Q-FIX KNOTLESS 2.8 All-Suture Anchor for knotless soft-tissue fixation; and CORIOGRAPH pre-op planning plus the CORI SHOULDER handheld robotics arthroplasty platform for both anatomic and reverse procedures. An ICSES evening event for CORI SHOULDER is planned. The release underscores Smith+Nephew’s ongoing differentiation strategy across orthopaedics, sports medicine, and wound management and includes its standard forward-looking statements disclaimer. Key product launches and a new handheld robotic platform strengthen Smith+Nephew's portfolio and growth prospects.

18 Sep

3

Analysts boosted fair value estimate for S.N. Nuclearelectrica (BVB:SNN) after revising growth assumptions upward. Analyst fair value increase following growth assumption changes can lift near-term stock sentiment and trading activity.

19 Aug

3

Smith & Nephew SNATS partners with Imperial College to advance surgical robotics technology. Partnership supports surgical robotics development that can influence product innovation and competitive positioning.

18 Aug

4

Smith+Nephew and Imperial College London launch a centre to accelerate innovation in surgical robotics. Partnership creates dedicated robotics innovation hub that can strengthen competitive positioning in surgical technology.

3

Smith+Nephew launches FLOW FLEXTEND COBLATION Wand for hip surgery. Product launch adds to COBLATION portfolio and may support hip procedure adoption without altering overall company trajectory.

17 Aug

3

Smith+Nephew launches FLOW FLEXTEND COBLATION Wand, delivering improved access and resection efficiency for complex hip procedures versus fixed-angle options. New wand strengthens hip procedure tools and supports incremental orthopedic product gains.

9 Aug

3 transcript

Smith & Nephew SNATS reported Q2 earnings call highlights covering financial results, operational updates, and outlook for the medical technology firm. Q2 earnings highlights deliver financial metrics and guidance that moderately shape near-term investor sentiment and operations.

4 Aug

3 transcript

Smith & Nephew (SNN) Q2 2026 earnings call discussed financial results, operational updates, and forward guidance. Quarterly earnings and guidance typically affect near-term stock movement and sentiment without major strategic shifts.

29 Jul

4

Smith+Nephew received FDA De Novo classification for its TESSA Spatial Surgery System, enabling a major advance in sports medicine via personalized planning and procedural innovation. FDA De Novo classification for TESSA introduces novel technology expected to significantly strengthen sports medicine position and growth prospects.

23 Jul

3

Smith+Nephew expands its ASC platform to support value-based care. Platform expansion aligns company operations with value-based care trends and may influence competitive positioning.

21 Jul

3

Smith+Nephew launches expanded enterprise ASC Solutions Strategy to drive growth, performance and value-based care. Expanded ASC Solutions Strategy targets growth and value-based care improvements.

16 Jul

3

Smith+Nephew launches LYNX COBLATION Wand for ENT airway surgery. New product launch expands Smith+Nephew ENT portfolio and may support competitive positioning.

15 Jul

3

Smith+Nephew introduces LYNX COBLATION Laryngeal Wand for ENT surgeons. New laryngeal wand launch may strengthen Smith+Nephew's ENT portfolio and competitive position.

9 Jul

3

New German expert consensus underscores NPWT role in cutting economic costs of postoperative wound complications for Smith & Nephew. German consensus on NPWT may boost European adoption and SNN wound care revenue modestly.

3

German experts released first risk-based recommendations endorsing sNPWT for closed surgical incisions. German sNPWT recommendations could expand Smith & Nephew product usage in European surgical markets.

8 Jun

4

Smith+Nephew announces first clinical cases with next generation CORI XT Handheld Robotics Platform for knee and shoulder arthroplasty. Next generation robotics platform launch in arthroplasty enhances competitive positioning in surgical robotics market.

1 Jun

4

Smith+Nephew launches next generation LEAF Patient Monitoring System, an innovative pressure injury prevention platform with proven clinical impact. Next-generation LEAF launch strengthens core wound care portfolio and competitive positioning in prevention technologies.

13 May

3

VEEV partners with Smith & Nephew to boost MedTech quality management, enhancing operational efficiency and compliance through advanced software solutions. Partnership enhances quality management, moderately improving operational efficiency and competitive positioning without fundamentally altering long-term trajectory.

5 May

3

Smith+Nephew to launch ALLEVYN™ COMPLETE CARE Dressing and RENASYS™ EDGE tNPWT at EWMA 2026, advancing chronic wound care solutions. Product launches enhance innovation and positioning in chronic wound care but are scheduled for 2026 with limited immediate financial impact.

24 Apr

4

Smith & Nephew's CARTIHEAL cartilage implant outperformed standard care in a 5-year clinical study. Superior 5-year data on CARTIHEAL strengthens SNN's orthopedics portfolio, likely driving approvals, sales, and investor confidence.

21 Apr

4

New 5-year data shows Smith+Nephew’s CARTIHEAL AGILI-C Cartilage Repair Implant delivers superior pain relief and functional gains versus debridement or microfracture. Superior 5-year clinical outcomes validate AGILI-C's efficacy, potentially boosting adoption, sales, and competitive edge in cartilage repair.

9 Apr

4

Smith+Nephew’s REGENETEN Bioinductive Implant halves post-operative recovery times and delivers high healing rates for partial-thickness rotator cuff tears. Strong clinical outcomes for REGENETEN implant signal significant potential for boosted orthopedic product sales and enhanced competitive positioning.

11 Mar

4

Smith & Nephew SNATS, Inc. (SNN) launched ALLEVYN COMPLETE CARE Dressing, an innovative foam dressing designed for comprehensive wound management, featuring antimicrobial properties, exudate management, and ease of use to support healing across various wound types. New product launch in core wound management segment bolsters SNN's competitive edge and revenue potential.

10 Mar

4

Smith+Nephew launched next-generation ALLEVYN COMPLETE CARE Foam Dressing, designed for high performance in wound management and pressure injury prevention. Next-generation product launch in core wound care segment boosts innovation and competitive edge.

3 Mar

4

Smith & Nephew PLC (SNN) reported strong revenue growth in Full Year 2025 earnings call highlights. Strong revenue growth in FY2025 earnings highlights major positive shift in financial performance and investor sentiment.

2 Mar

4

Smith & Nephew (SNN) Q4 earnings call highlights key financial results, strategic updates, and outlook for the medical technology firm. Q4 earnings call highlights detail financial performance and guidance that significantly shape investor expectations and stock trajectory.

3

Smith+Nephew will feature its leading rotator cuff repair portfolio, including the new Tendon Seam™ Repair System and REGENETEN◊ Bioinductive Implant, at AAOS 2026. Showcasing new rotator cuff repair innovations at AAOS 2026 positions Smith+Nephew strongly in orthopaedics but effects are moderated by conference timing and market factors.

stockrow.com/SNN · Data as of Dec 31, 2014 · For information only; not investment advice. · © 2026 stockrow.com