AtriCure
Financial ratios & Valuation

Forward Multiples (2025 – 2027)

202520262027
Price/Earnings ratio
-58.43-77.42-84.52
Price/Sales ratio
3.102.742.21
Earnings per Share (EPS)
$-0.60$-0.45$-0.42

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-32.47-23.13-18.55-21.96-49.34-34.72-48.6962.42-43.68-54.29-41.25-49.34
Price/Sales ratio
4.894.853.983.385.175.2911.3511.426.144.135.805.17
Price/Book Value ratio
3.973.373.673.664.184.945.686.474.443.544.194.18
Price/Cash Flow ratio
-24.37-80.28-40.91-66.04-250.07-77.28-118.02-227.39-91.68368.59-86.57-250.07
Price/Free Cash Flow ratio
-17.08-19.77-27.11-38.53-100.46-43.65-93.32-133.15-52.02-44.05-49.12-100.46
Price/Earnings Growth ratio
-3.63-0.39-2.241.041.95-0.67-2.28-0.310.221.530.210.21
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
70.49%71.57%71.62%72.21%72.96%73.79%72.29%75.04%74.44%75.23%74.44%72.96%
Operating Profit Margin
-15.22%-20.59%-20.07%-14.29%-8.49%-14.35%-21.41%-17.24%-12.91%-6.68%-12.91%-12.91%
Pretax Profit Margin
-15.05%-20.94%-21.46%-15.38%-10.37%-15.16%-23.26%18.36%-13.98%-7.47%-13.98%-15.16%
Net Profit Margin
-15.08%-20.97%-21.49%-15.39%-10.48%-15.24%-23.31%18.29%-14.06%-7.62%-14.06%-15.24%
Effective Tax Rate
-0.20%-0.13%-0.12%-0.05%-1.08%-0.56%-0.23%0.37%-0.58%-1.98%-0.58%-1.08%
Return on Assets
-10.23%-9.96%-12.06%-10.04%-5.92%-6.30%-6.73%8.15%-7.93%-4.95%-7.93%-6.30%
Return On Equity
-12.23%-14.57%-19.79%-16.68%-8.47%-14.22%-11.67%10.37%-10.17%-6.52%-10.17%-14.22%
Return on Capital Employed
-12.32%-11.06%-12.57%-10.59%-5.41%-6.52%-6.64%-8.46%-8.09%-4.94%-8.09%-6.52%
Liquidity Ratios
Current Ratio
3.642.362.972.574.342.866.24N/AN/AN/A3.682.86
Quick Ratio
3.091.802.361.873.782.275.522.782.892.652.802.80
Cash ratio
1.100.750.830.680.800.570.850.770.991.130.990.80
Days of Sales Outstanding
59.6454.5949.6348.2245.6044.3540.9043.9347.1647.9947.1645.60
Days of Inventory outstanding
164.13174.77146.47168.77150.55177.53223.41207.71198.54250.64198.54150.55
Operating Cycle
223.77229.36196.10216.99196.16221.89264.32251.64245.71298.64210.17196.16
Days of Payables Outstanding
87.73126.1288.5293.4564.6790.2281.2399.1386.01100.9786.0164.67
Cash Conversion Cycle
136.03103.24107.58123.54131.48131.66183.08152.50159.69197.6610.11131.66
Debt Ratios
Debt Ratio
0.000.000.090.090.110.110.080.090.100.100.210.11
Debt Equity Ratio
0.000.000.150.150.160.250.140.120.120.130.280.16
Long-term Debt to Capitalization
0.00N/A0.120.130.120.190.110.100.110.110.130.12
Total Debt to Capitalization
0.000.000.130.130.130.200.120.100.110.11N/A0.20
Interest Coverage Ratio
-53.63-91.50-17.28-11.03-3.71-8.05-9.05N/AN/AN/A-8.55-8.05
Cash Flow to Debt Ratio
-291.89-17.42-0.59-0.36-0.10-0.25-0.33-0.23-0.370.07N/A-0.10
Company Equity Multiplier
1.191.461.641.661.432.251.731.271.281.311.282.25
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
-0.20-0.06-0.09-0.05-0.02-0.06-0.09-0.05-0.060.01-0.06-0.06
Free Cash Flow / Operating Cash Flow Ratio
1.424.061.501.712.481.771.261.701.76-8.361.761.77
Cash Flow Coverage Ratio
-291.89-17.42-0.59-0.36-0.10-0.25-0.33-0.23-0.370.07N/A-0.10
Short Term Coverage Ratio
N/A-17.42-8.95-15.94-0.88-7.12-2.98N/A-10.351.77N/A-0.88
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A