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Cochlear Limited

COH.AXHealthcareASX

Medical Devices

PriceMA150MA200
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Financials · Annual
Revenue
$2.34B
+4.8% YoY
Net Income
$388.9M
+9.0% YoY
EBITDA
$619.9M
+7.1% YoY
Free Cash Flow
$104.1M

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Daily timeframe
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About Cochlear Limited

Cochlear Limited provides implantable hearing solutions for children and adults worldwide. At a $6.20B market cap, Cochlear Limited ranks as a mid-cap company within healthcare. The company offers cochlear implant systems, sound processor upgrades, bone conduction systems, and other products.

Key stats
Market Cap$6.20B
P/E (TTM)17.99
Fwd P/E18.24
EPS$5.27
Beta0.24
52W Change-64.1%
Dividend Yield4.44%
ROE18.1%
Analysis

The company holds $187.1M in cash, though total debt stands at $242.2M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Annual free cash flow of $104.1M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 18.1%, which is strong for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Return on assets of 11.3% further supports the picture of efficient asset utilization. Revenue has grown from $1.65B (2022) to $2.34B (2025), reflecting a 42% increase over the period.

With a beta below 0.7, Cochlear Limited typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing COH.AX.

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