LivaNova PLC (LIVN) Key Metrics
LIVN valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $4.26B
- Enterprise value
- $4.09B
- P/E (TTM)
- 23.0
- Forward P/E
- 16.0
- PEG ratio
- 0.93
- Price / sales
- 2.9 10-yr median 3.1
- Price / book
- 3.2 10-yr median 2.5
- EV / EBITDA
- 20.0 10-yr median 30.3
- Dividend yield
- —
- Beta
- 0.88
LIVN key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsLIVN valuation Price multiples at each fiscal year-end price.
LIVN returns How much profit the business earns on the capital it uses.
LIVN per-share figures Results divided by the shares outstanding at year-end.
LIVN financial health Debt, liquidity and how easily interest is covered.
LIVN efficiency & capital use Working capital cycle and where the cash goes.
LIVN valuation history
LIVN returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
LIVN debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
LIVN cash returned to shareholders
LIVN price vs earnings per share
LIVN key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $3.35B | $2.53B | $2.80B | $2.97B | $4.43B | $3.22B | $3.65B | $4.44B | $3.88B | $2.20B |
| Enterprise value | $3.19B | $2.78B | $3.18B | $3.34B | $4.51B | $3.67B | $3.98B | $4.56B | $3.93B | $2.28B |
| P/E ratio | — | 40.0 | 159.9 | — | — | — | — | — | — | — |
| Price / sales | 2.4 | 2.0 | 2.4 | 2.9 | 4.3 | 3.4 | 3.4 | 4.0 | 3.8 | 1.8 |
| Price / book | 2.8 | 1.9 | 2.2 | 2.5 | 3.4 | 2.9 | 2.6 | 3.0 | 2.1 | 1.3 |
| Price / free cash flow | 19.4 | 18.6 | 70.2 | 68.5 | 57.4 | — | — | 53.8 | 67.8 | 41.5 |
| Price / operating cash flow | 13.2 | 13.8 | 37.4 | 42.5 | 43.2 | — | — | 36.8 | 42.5 | 24.4 |
| EV / sales | 2.3 | 2.2 | 2.8 | 3.3 | 4.4 | 3.9 | 3.7 | 4.1 | 3.9 | 1.9 |
| EV / EBITDA | — | 13.7 | 82.6 | 108.0 | — | 180.7 | 30.3 | — | 19.7 | 18.8 |
| EV / free cash flow | 18.4 | 20.4 | 79.6 | 76.9 | 58.5 | — | — | 55.2 | 68.7 | 43.1 |
| Earnings yield | −7.2% | 2.5% | 0.6% | −2.9% | −3.1% | −10.8% | −4.3% | −4.3% | −0.6% | −2.9% |
| Free cash flow yield | 5.2% | 5.4% | 1.4% | 1.5% | 1.7% | −3.6% | −3.2% | 1.9% | 1.5% | 2.4% |
| Dividend yield | — | — | — | — | — | — | 0.1% | — | 0.0% | 0.0% |
| Shareholder yield (dividends + buybacks) | 0.1% | 0.3% | 0.3% | 0.3% | 0.3% | 0.2% | 0.3% | 1.4% | 0.1% | 2.5% |
| Share price at fiscal year-end | $61.53 | $46.31 | $51.74 | $55.54 | $87.43 | $66.21 | $75.43 | $91.47 | $79.92 | $44.97 |
| Per share | ||||||||||
| Revenue per share | $25.47 | $22.97 | $21.28 | $19.10 | $20.45 | $19.23 | $22.42 | $22.83 | $20.87 | $24.82 |
| Earnings per share | −$4.45 | $1.16 | $0.32 | −$1.61 | −$2.68 | −$7.18 | −$3.26 | −$3.91 | −$0.52 | −$1.28 |
| Operating cash flow per share | $4.67 | $3.35 | $1.38 | $1.31 | $2.03 | −$1.63 | −$1.89 | $2.48 | $1.88 | $1.84 |
| Free cash flow per share | $3.18 | $2.49 | $0.74 | $0.81 | $1.52 | −$2.35 | −$2.40 | $1.70 | $1.18 | $1.08 |
| Cash per share | $11.66 | $7.86 | $4.92 | $4.00 | $4.11 | $5.20 | $1.26 | $0.97 | $1.93 | $0.81 |
| Book value per share | $22.02 | $24.19 | $23.57 | $22.57 | $25.57 | $22.83 | $28.62 | $31.01 | $37.43 | $34.91 |
| Tangible book value per share | $3.25 | $6.10 | $4.31 | $1.31 | −$0.09 | −$5.16 | −$2.89 | −$4.61 | $10.22 | $8.30 |
| Dividends per share | — | — | — | — | — | — | $0.10 | — | $0.00 | $0.00 |
| Capex per share | $1.49 | $0.86 | $0.65 | $0.50 | $0.50 | $0.72 | $0.51 | $0.78 | $0.70 | $0.76 |
| Debt per share | $8.68 | $12.40 | $11.81 | $10.85 | $5.66 | $14.59 | $8.17 | $3.47 | $3.01 | $2.51 |
| Shares outstanding | 54.5M | 54.6M | 54.2M | 53.5M | 50.6M | 48.6M | 48.3M | 48.5M | 48.5M | 48.9M |
| Change in shares outstanding | −0.1% | +0.7% | +1.3% | +5.7% | +4.2% | +0.5% | −0.3% | −0.0% | −0.8% | +83.7% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −19.2% | 4.9% | 1.4% | −6.9% | −11.3% | −28.0% | −10.9% | −11.4% | −1.4% | −3.6% |
| Return on invested capital (ROIC) | 12.1% | 5.7% | −3.4% | −4.1% | −0.0% | −13.2% | −8.1% | −11.2% | 3.1% | −1.2% |
| Return on assets (ROA) | −9.5% | 2.6% | 0.7% | −3.8% | −5.9% | −14.5% | −6.4% | −7.5% | −1.0% | −2.6% |
| Return on tangible assets | −15.3% | 4.2% | 1.3% | −7.5% | −15.1% | −33.5% | −17.7% | −23.0% | −2.1% | −6.0% |
| Free cash flow margin | 12.5% | 10.8% | 3.5% | 4.2% | 7.4% | −12.2% | −10.7% | 7.5% | 5.7% | 4.4% |
| Income quality (OCF / net income) | — | 2.89 | 4.27 | — | — | — | — | — | — | — |
| Financial health | ||||||||||
| Total debt | $473.3M | $676.8M | $640.4M | $580.4M | $286.7M | $709.1M | $394.9M | $168.3M | $146.0M | $122.9M |
| Cash & short-term investments | $635.6M | $428.9M | $266.5M | $214.2M | $208.0M | $252.8M | $61.1M | $47.2M | $93.6M | $39.8M |
| Net debt | −$162.3M | $247.9M | $373.9M | $366.3M | $78.7M | $456.3M | $333.7M | $121.1M | $52.4M | $83.1M |
| Debt / equity | 0.39 | 0.51 | 0.50 | 0.48 | 0.22 | 0.64 | 0.29 | 0.11 | 0.08 | 0.07 |
| Debt / assets | 0.18 | 0.27 | 0.26 | 0.25 | 0.13 | 0.30 | 0.16 | 0.07 | 0.06 | 0.05 |
| Net debt / EBITDA | — | 1.22 | 9.72 | 11.85 | — | 22.45 | 2.54 | — | 0.26 | 0.69 |
| Current ratio | 1.36 | 2.87 | 2.95 | 2.98 | 0.97 | 2.29 | 1.07 | 1.07 | 2.14 | 1.96 |
| Quick ratio | 1.16 | 2.50 | 2.51 | 2.54 | 0.82 | 1.92 | 0.75 | 0.76 | 1.79 | 1.38 |
| Interest coverage | 4.0 | 2.0 | -1.2 | -1.6 | -0.0 | -6.7 | -11.4 | -25.3 | 12.3 | -2.6 |
| Working capital | $293.5M | $735.1M | $653.2M | $588.7M | −$17.8M | $399.0M | $36.9M | $36.6M | $463.9M | $303.3M |
| Invested capital | $1.04B | $1.57B | $1.65B | $1.57B | $1.37B | $1.57B | $1.72B | $1.62B | $1.87B | $1.79B |
| Tangible asset value | $177.2M | $333.0M | $233.5M | $70.3M | −$4.6M | −$250.7M | −$139.6M | −$223.5M | $495.7M | $406.0M |
| Net current asset value | −$304.5M | −$58.9M | −$163.8M | −$201.0M | −$227.1M | −$582.7M | −$478.6M | −$512.7M | $181.3M | −$15.6M |
| Graham number | — | $25.11 | $13.10 | — | — | — | — | — | — | — |
| Graham net-net per share | −$9.65 | −$9.45 | −$11.99 | −$12.10 | −$9.44 | −$17.31 | −$14.29 | −$15.05 | −$6.35 | −$6.08 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | — | — | — | $4.8M | — | $0 | $0 |
| Share buybacks (net) | $4.4M | $8.4M | $7.5M | $8.7M | $12.9M | $5.6M | $7.1M | $61.6M | $4.1M | $54.8M |
| Dividends + buybacks / free cash flow | 2.6% | 6.2% | 18.8% | 20.0% | 16.8% | — | — | 74.7% | 7.1% | 103.3% |
| Capex / revenue | 5.8% | 3.8% | 3.0% | 2.6% | 2.5% | 3.7% | 2.3% | 3.4% | 3.4% | 3.1% |
| Capex / operating cash flow | 31.9% | 25.7% | 46.7% | 37.9% | 24.8% | — | — | 31.5% | 37.3% | 41.2% |
| Capex / depreciation | 1.93 | 0.92 | 0.57 | 0.46 | 0.37 | 0.43 | 0.30 | 0.54 | 0.49 | 0.44 |
| Stock-based compensation / revenue | 2.6% | 2.7% | 3.2% | 4.4% | 3.9% | 3.8% | 3.0% | 2.4% | 1.9% | 1.6% |
| R&D / revenue | 13.4% | 14.6% | 16.8% | 15.2% | 17.7% | 16.4% | 18.2% | 13.2% | 10.8% | 10.1% |
| SG&A / revenue | 39.5% | 42.0% | 43.7% | 45.9% | 45.6% | 45.8% | 46.7% | 41.8% | 37.8% | 29.4% |
| Efficiency | ||||||||||
| Days sales outstanding | 57.8 | 63.9 | 68.0 | 78.2 | 71.9 | 86.6 | 86.6 | 89.4 | 101.3 | 82.4 |
| Days of inventory on hand | 127.1 | 140.9 | 132.4 | 136.5 | 122.5 | 150.2 | 160.9 | 146.0 | 166.0 | 141.8 |
| Days payables outstanding | 68.0 | 71.8 | 74.1 | 82.6 | 78.5 | 85.8 | 82.3 | 79.7 | 90.5 | 72.6 |
| Cash conversion cycle (days) | 117.0 | 133.0 | 126.3 | 132.1 | 116.0 | 151.1 | 165.1 | 155.7 | 176.7 | 151.7 |
| Receivables turnover | 6.31 | 5.71 | 5.37 | 4.67 | 5.07 | 4.21 | 4.21 | 4.08 | 3.60 | 4.43 |
| Payables turnover | 5.37 | 5.08 | 4.93 | 4.42 | 4.65 | 4.26 | 4.43 | 4.58 | 4.03 | 5.03 |
| Inventory turnover | 2.87 | 2.59 | 2.76 | 2.67 | 2.98 | 2.43 | 2.27 | 2.50 | 2.20 | 2.57 |
| Asset turnover | 0.54 | 0.51 | 0.49 | 0.45 | 0.45 | 0.39 | 0.44 | 0.44 | 0.42 | 0.50 |
| Average receivables | $219.9M | $219.4M | $214.9M | $218.9M | $204.1M | $221.8M | $257.2M | $271.2M | $281.0M | $274.0M |
| Average payables | $83.5M | $75.3M | $77.6M | $71.2M | $70.8M | $79.8M | $81.3M | $81.3M | $89.5M | $101.3M |
| Average inventory | $156.1M | $147.7M | $138.6M | $117.6M | $110.6M | $139.7M | $158.8M | $149.0M | $164.0M | $198.0M |
| Intangibles / total assets | 39.2% | 39.4% | 43.0% | 49.6% | 59.0% | 56.7% | 63.2% | 67.7% | 52.7% | 55.5% |
Computed from LIVN's annual financial statements (latest annual report filed February 25, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
LIVN valuation and financial ratios
Based on the latest twelve months, the trailing P/E is 23.0 and the forward P/E is 16.0. LivaNova earned a return on equity of −19.2% and a return on invested capital of 12.1% in fiscal 2025. It ended the year with $473.3 million of debt and $635.6 million in cash and short-term investments, a net cash position of $162.3 million. It returned $4.4 million to shareholders: $0 in dividends and $4.4 million in share buybacks, 3% of free cash flow. The share count rose 11.5% from 48.9M to 54.5M over 9 years.
See the LIVN income statement, the LIVN chart for price history, or the LIVN stock overview for the latest quote and news.
LIVN key metrics FAQ
What is LivaNova's P/E ratio?
LivaNova's trailing P/E ratio is 23.0 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 16.0. At the end of fiscal 2025 it was —.
What is LivaNova's return on equity?
LivaNova's return on equity (ROE) was −19.2% in fiscal 2025: net income of -$242.5 million on average shareholders' equity of $1.3 billion.
What is LivaNova's ROIC?
LivaNova's return on invested capital was 12.1% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does LivaNova have?
LivaNova had total debt of $473.3 million at the end of fiscal 2025, a debt-to-equity ratio of 0.39 and more cash than debt.
Does LivaNova buy back its shares?
Yes. LivaNova spent $4.4 million on net share repurchases in fiscal 2025 Shares outstanding changed −0.1% over the year, to 54.5M..
What is LivaNova's free cash flow yield?
LivaNova generated $173.2 million of free cash flow in fiscal 2025, a free cash flow yield of 5.2% on its market value at year-end ($3.4 billion).
What is LivaNova's current ratio?
LivaNova's current ratio was 1.36 at the end of fiscal 2025: current assets were 1.36 times current liabilities.