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Smith & Nephew plc

SNNHealthcareNASDAQ

Medical Devices

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Financials · Annual
Revenue
$6.16B
+6.1% YoY
Net Income
$625.0M
+51.7% YoY
EBITDA
$1.53B
+25.5% YoY
Free Cash Flow
$876.6M

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About Smith & Nephew plc

Headquartered within the healthcare sector, Smith & Nephew plc focuses on Medical Devices services and products. Smith & Nephew plc, together with its subsidiaries, develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally. The company carries a $12.63B market cap, placing it firmly in the large-cap category. The company operates in three segments: Orthopaedics, Sports Medicine & ENT, and Advanced Wound Management.

Key stats
Market Cap$12.63B
P/E (TTM)20.76
Fwd P/E13.62
EPS$1.43
Beta0.67
52W Change+1.8%
Dividend Yield2.63%
ROE11.8%
Analysis

Smith & Nephew plc carries $3.33B in total debt against $557.0M in cash reserves — debt is roughly 6.0x the cash position. Managing this leverage effectively will be important for long-term financial stability. Free cash flow comes in at $876.6M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 11.8% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 5.3% suggests reasonable efficiency in deploying the company's asset base. Revenue has been uneven over recent years, ranging from $5.21B to $6.16B.

With a beta below 0.7, Smith & Nephew plc typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Smith & Nephew plc's trajectory.

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