Masimo
Financial ratios & Valuation

Forward Multiples (2025 – 2026)

202520252026
Price/Earnings ratio
49.2440.3142.05
Price/Sales ratio
3.633.313.42
Earnings per Share (EPS)
$2.98$3.64$3.49

Historical Multiples (2012 – 2023)

2012 2013 2016 2016 2017 2018 2019 2022 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
19.3928.0225.5611.1033.1930.5643.4370.3455.2675.9370.6233.19
Price/Sales ratio
2.442.983.384.805.476.899.0813.033.893.024.976.89
Price/Book Value ratio
4.425.017.735.956.176.107.2910.415.924.537.566.17
Price/Cash Flow ratio
16.0030.1218.648.0075.1724.6938.4561.00268.8165.76344.6975.17
Price/Free Cash Flow ratio
19.8139.6135.728.50385.0627.2757.1370.27-295.9966.98-376.7327.27
Price/Earnings Growth ratio
20.74-6.051.170.03-0.540.716.81-13.42-1.55-1.78-2.000.71
Dividend Yield
4.74%N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
66.14%65.56%65.06%66.76%67.04%66.98%67.08%65.23%52.00%48.99%52.01%66.98%
Operating Profit Margin
17.27%14.56%19.08%60.57%24.72%24.23%23.58%22.25%10.31%6.66%10.31%24.23%
Pretax Profit Margin
16.99%13.83%18.46%60.22%24.98%24.90%24.96%22.14%9.5%4.30%9.50%24.90%
Net Profit Margin
12.62%10.66%13.21%43.28%16.49%22.54%20.92%18.52%7.04%3.97%7.04%22.54%
Effective Tax Rate
26.10%26.41%29.94%28.12%33.98%9.46%16.20%16.30%25.80%7.49%25.81%25.81%
Return on Assets
16.56%13.30%13.84%36.64%14.45%16.75%14.05%12.16%4.46%2.67%4.46%16.75%
Return On Equity
22.80%17.88%30.24%53.66%18.61%19.97%16.80%14.81%10.71%5.97%10.67%19.97%
Return on Capital Employed
29.75%23.80%25.63%70.10%26.01%20.65%18.07%17.03%8.13%5.50%8.13%20.65%
Liquidity Ratios
Current Ratio
2.452.61N/A2.304.315.38N/AN/AN/AN/A2.075.38
Quick Ratio
1.631.721.781.973.084.685.113.871.281.211.124.68
Cash ratio
0.790.910.991.382.083.743.292.780.320.280.323.74
Days of Sales Outstanding
55.5356.0651.2557.5661.8646.6264.9372.0790.5575.0290.5561.86
Days of Inventory outstanding
103.51110.05102.86114.70133.15120.74137.01170.61187.16190.43187.17133.15
Operating Cycle
159.04166.12154.12172.27195.01167.36201.95242.68277.72265.45209.50195.01
Days of Payables Outstanding
59.0954.2442.8854.2946.8752.0164.5064.05103.4187.87103.4146.87
Cash Conversion Cycle
99.95111.87111.23117.97148.13115.34137.44178.63174.31177.5833.29115.34
Debt Ratios
Debt Ratio
0.260.000.300.00N/AN/AN/AN/A0.290.300.58N/A
Debt Equity Ratio
0.360.000.670.00N/AN/AN/AN/A0.710.671.39N/A
Long-term Debt to Capitalization
0.000.000.40N/AN/AN/AN/AN/A0.410.380.42N/A
Total Debt to Capitalization
0.000.000.400.00N/AN/AN/AN/A0.410.400.43N/A
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A8.16N/A
Cash Flow to Debt Ratio
36.05161.650.615.87KN/AN/AN/AN/A0.030.100.02N/A
Company Equity Multiplier
1.371.342.181.461.281.191.191.212.392.222.391.28
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.150.090.180.600.070.270.230.210.010.040.010.27
Free Cash Flow / Operating Cash Flow Ratio
0.800.760.520.940.190.900.670.86-0.900.06-0.910.90
Cash Flow Coverage Ratio
36.05161.650.615.87KN/AN/AN/AN/A0.030.100.02N/A
Short Term Coverage Ratio
1.37K489.341.54K5.87KN/AN/AN/AN/A1.951.790.86N/A
Dividend Payout Ratio
91.97%N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A