TransMedics Group, Inc.
TMDX Healthcare Medical Devices
TransMedics Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $605.5 million, up 37.1% from fiscal 2024.
- Revenue
- +41.2%
- EPS
- −31.0%
- Free cash flow
- −55.4%
- Total debt
- −89.3%
Quarter to September 2026, against a year earlier
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TransMedics Group, Inc. (TMDX) P/B ratio
As of 5 November 2026, TransMedics Group, Inc. (TMDX) trades at a P/B ratio of 4.3×. Over the past ten years it has ranged from 0.0× (June 2019) to 30.9× (June 2024); the current reading is higher than 11% of that period. That is above the Medical Devices industry median of 2.5× and above the Healthcare sector median of 2.3×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 8.7× | (3.56%) |
| FY2024 | 9.1× | (50.21%) |
| FY2023 | 18.2× | 102.05% |
| FY2022 | 9.0× | 15.52% |
| FY2021 | 7.8× | 64.81% |
| FY2020 | 4.7× | (4.24%) |
| FY2019 | 4.9× | — |
| FY2018 | 0.0× | — |
| FY2017 | 0.0× | — |
| FY2016 | 0.0× | — |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Sep 2026 | 5.3× | 18.57% |
| Jun 2026 | 4.4× | (35.92%) |
| Mar 2026 | 6.9× | (20.84%) |
| Dec 2025 | 8.7× | (18.88%) |
| 31 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| NEOG Neogen Corporation compare | 1.2× |
| INSP Inspire Medical Systems, Inc. compare | 2.3× |
| TMDX TransMedics Group, Inc. | 4.3× |
| NVCR NovoCure Limited compare | 4.5× |
| UFPT UFP Technologies, Inc. compare | 5.0× |
| AXGN AxoGen, Inc. compare | 5.4× |
| ALMR Alamar Biosciences, Inc. compare | 6.2× |
| BFLY Butterfly Network, Inc. compare | 8.8× |
| ESTA Establishment Labs Holdings Inc. compare | 89.6× |
| Medical Devices industry median | 2.5× |
| Healthcare sector median | 2.3× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on TMDX
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement