AVNS (AVNS)
Avanos Medical, Inc.
NYSE:AVNSHealthcare · Medical - Devices
Mkt Cap-
Float44.34M
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$701.2M
Net Income-$67.9M
Total Assets$1.07B
Free Cash Flow$43.1M
Debt & Equity
Debt 14%
Equity 86%
Total Debt$129.1M
Total Equity$778.2M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:100Reverse splitMay 15, 2006100 shares → 1
Balance Sheet Details
Assets$1.07B
Liabilities$295.5M
Accounts Receivable$103.8M
Accounts Payable$55.5M
Inventory$148M
PP&E (Net)$141M
Goodwill$394.9M
Intangible Assets$117.8M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 |
| Revenue | $701.2M | $687.8M | $673.3M | $684.1M | $744.6M | $714.8M | $697.6M | $652.3M | $611.6M | $566.2M | $1.57B | $1.67B | $1.68B | $1.68B | $1.66B |
| YoY Growth | 1.9% | 2.2% | -1.6% | -8.1% | 4.2% | 2.5% | 6.9% | 6.7% | 8.0% | -64.0% | -5.8% | -0.3% | -0.4% | 1.5% | - |
| Cost of Revenue | $352.2M | $306.5M | $293.6M | $289.9M | $364.7M | $324.2M | $295.4M | $261.4M | $274.7M | $269M | $1.04B | $1.06B | $1.07B | $1.08B | $1.07B |
| Gross Profit | $349M | $381.3M | $379.7M | $394.2M | $379.9M | $390.6M | $402.2M | $390.9M | $336.9M | $297.2M | $531.6M | $608.6M | $612.2M | $602.5M | $590.8M |
| Gross Margin | 49.8% | 55.4% | 56.4% | 57.6% | 51.0% | 54.6% | 57.7% | 59.9% | 55.1% | 52.5% | 33.8% | 36.4% | 36.5% | 35.8% | 35.6% |
| Research and Development | $23.1M | $26.2M | $27.2M | $30.6M | $32.3M | $34.9M | $37.7M | $41.8M | $38.2M | $38.4M | $32.3M | $33.6M | $37.9M | $33M | $31.2M |
| Selling, General, and Administrative | $218.3M | $315.1M | $287.5M | $323.1M | $260.8M | $284.8M | $369.9M | $314.2M | $314.7M | $328.2M | $344.5M | $263.5M | $351.4M | $343M | $351.7M |
| Other | $169.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $410.6M | $341.3M | $314.7M | $352.3M | $293.1M | $319.7M | $407.6M | $356M | $352.9M | $366.6M | $376.8M | $297.1M | $389.3M | $376M | $382.9M |
| Operating Income (EBIT) | -$61.6M | $40M | $65M | $41.9M | $86.8M | $70.9M | -$5.4M | $34.9M | -$16M | -$69.4M | $154.8M | $311.5M | $222.9M | $226.5M | $207.9M |
| Operating Margin | -8.8% | 5.8% | 9.7% | 6.1% | 11.7% | 9.9% | -0.8% | 5.4% | -2.6% | -12.3% | 9.8% | 18.6% | 13.3% | 13.5% | 12.5% |
| Interest Expense | $4M | $12.2M | $15M | $10M | $3.3M | $15.6M | $15M | $26.4M | $31.6M | $32.7M | $33.1M | $6M | $100K | $800K | $200K |
| Interest Income | $3.2M | $5.1M | $2.9M | $1.2M | $200K | $1.2M | $6.7M | $7.8M | $2.5M | $600K | $300K | $2.9M | $2.6M | $2.6M | $4.1M |
| Other Income (Expense) | -$4.6M | -$443.3M | -$72.9M | -$15.2M | -$79.5M | -$131.4M | -$58.6M | -$53M | -$56.2M | -$69.8M | -$565.3M | -$220.3M | $4.9M | $3.3M | $6.7M |
| Income Before Tax (EBT) | -$66.2M | -$403.3M | -$7.9M | $26.7M | $7.3M | -$60.5M | -$64M | -$18.1M | -$72.2M | -$139.2M | -$410.5M | $91.2M | $227.8M | $229.8M | $214.6M |
| Income Tax Expense | $1.7M | -$17M | $2M | $5.2M | $1M | -$33.3M | -$18.1M | -$9.6M | -$40.1M | -$55.9M | $15.8M | $64.1M | $73.2M | $77.2M | $72.2M |
| Net Income | -$67.9M | -$392.1M | -$61.8M | $50.5M | $6.3M | -$27.2M | -$45.9M | $57.5M | $79.3M | $39.8M | -$426.3M | $27.1M | $154.6M | $152.6M | $142.4M |
| Net Income Margin | -9.7% | -57.0% | -9.2% | 7.4% | 0.8% | -3.8% | -6.6% | 8.8% | 13.0% | 7.0% | -27.1% | 1.6% | 9.2% | 9.1% | 8.6% |
| Supplementary Data | |||||||||||||||
| EPS | -1.46 | -8.53 | -1.33 | 1.08 | 0.13 | -0.57 | -0.96 | 1.22 | 1.69 | 0.85 | -9.15 | 0.58 | 3.32 | 3.28 | 3.06 |
| Diluted EPS | -1.46 | -8.53 | -1.33 | 1.07 | 0.13 | -0.57 | -0.96 | 1.22 | 1.69 | 0.85 | -9.15 | 0.58 | 3.32 | 3.28 | 3.06 |
| Weighted Average OS | 46.40M | 46.00M | 46.60M | 46.90M | 48.10M | 47.80M | 47.60M | 47.20M | 46.52M | 46.60M | 46.59M | 46.54M | 46.51M | 46.51M | 46.51M |
| EBITDA | -$23.3M | -$345.6M | $53.2M | $84.4M | $48.9M | -$2M | -$12.1M | $37M | -$600K | -$65.5M | -$312M | $182.6M | $297.1M | $288.2M | $265.9M |
| EBITDA Margin | -3.3% | -50.2% | 7.9% | 12.3% | 6.6% | -0.3% | -1.7% | 5.7% | -0.1% | -11.6% | -19.8% | 10.9% | 17.7% | 17.1% | 16.0% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $89.8M | $107.7M | $87.7M | $127.7M | $118.5M | $111.5M | $205.3M | $384.5M | $219.7M | $113.7M | $129.5M | $149M | $44.1M | $47.9M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $89.8M | $107.7M | $87.7M | $127.7M | $118.5M | $111.5M | $205.3M | $384.5M | $219.7M | $113.7M | $129.5M | $149M | $44.1M | $47.9M |
| Accounts Receivable | $103.8M | $132.8M | $142.8M | $167.9M | $131.2M | $167.9M | $163.8M | $150.5M | $203M | $188.5M | $224.7M | $233.9M | $203.3M | $183.7M |
| Inventory | $148M | $138.8M | $163.2M | $132.3M | $159.3M | $168.9M | $145.9M | $121.4M | $91.1M | $272.5M | $303.2M | $283.1M | $285.6M | $301.7M |
| Other Current Assets | $13.8M | $14.1M | $93.3M | $196.2M | $0 | $0 | $0 | $57.2M | $632.5M | $194M | $0 | $2.1M | $45.6M | $60.4M |
| Total Current Assets | $355.4M | $393.4M | $487M | $624.1M | $427.6M | $467.2M | $538.5M | $713.6M | $1.16B | $593.5M | $676M | $684.9M | $585.1M | $593.7M |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $141M | $144.8M | $144M | $146.1M | $206.7M | $223.6M | $248.5M | $154.1M | $109.9M | $260.8M | $279.5M | $277.8M | $324.9M | $325.7M |
| Goodwill | $394.9M | $455.6M | $796.1M | $760.3M | $801.6M | $802.5M | $800.9M | $783.6M | $764.7M | $1.03B | $945.2M | $1.43B | $1.43B | $1.43B |
| Intangible Assets | $117.8M | $112.3M | $239.5M | $234.2M | $141.2M | $157.7M | $184.3M | $168.2M | $148.9M | $169.8M | $82.6M | $108.3M | $141.2M | $176.8M |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2.1M | $0 | $0 |
| Deferred Tax Assets | $33.1M | $24.9M | $6.5M | $4.6M | $10M | $10M | $16.1M | $6.3M | $7.6M | $15.1M | $14.9M | $2.1M | $0 | $0 |
| Other Long-Term Assets | $31.5M | $23.2M | $19.3M | $17.6M | $16.5M | $11.8M | $11.3M | $7.6M | $4.1M | $3.6M | $2M | $30.5M | $2.7M | $3.9M |
| Total Long-Term Assets | $718.3M | $760.8M | $1.21B | $1.16B | $1.18B | $1.21B | $1.26B | $1.12B | $1.04B | $1.48B | $1.32B | $1.84B | $1.9B | $1.94B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $1.07B | $1.15B | $1.69B | $1.79B | $1.6B | $1.67B | $1.8B | $1.83B | $2.2B | $2.07B | $2B | $2.53B | $2.48B | $2.53B |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $55.5M | $54.3M | $56.3M | $67.9M | $56.4M | $67.6M | $83M | $169.9M | $171.2M | $160.6M | $163.2M | $168.7M | $118.5M | $102.2M |
| Short-Term Debt | $10.2M | $9.4M | $8.6M | $6.2M | $14.7M | $0 | $0 | $0 | $39.8M | $0 | $0 | $3.9M | $11.9M | $75.9M |
| Current Income Tax Payable | $0 | $18M | $16.7M | $21.2M | $3M | $2.7M | $3.2M | $6.5M | $6.8M | $7.2M | $15.3M | $23.4M | $12.2M | $20.7M |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $144.9M | $0 | $0 | $23.4M | $12.2M | $20.7M |
| Other Current Liabilities | $0 | $73.3M | $108.7M | $7.1M | $35.8M | $0 | $0 | $0 | $134.3M | $113.9M | $15.3M | $0 | $0 | $0 |
| Total Current Liabilities | $165.2M | $165.9M | $234.6M | $191M | $139.2M | $166.3M | $212.5M | $264.3M | $389.8M | $324.4M | $315.2M | $356M | $310.4M | $359.1M |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $90.3M | $125.3M | $159.4M | $226.3M | $130M | $180M | $248.1M | $247.7M | $541.1M | $579M | $578.1M | $632.3M | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14.6M | $0 | $0 | -$27.9M | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $6.1M | $5.5M | $23.8M | $25.4M | $11.9M | $5.7M | $0 | $4.4M | $17.8M | $35.8M | $23.8M | $27.9M | $90.5M | $96.4M |
| Other Long-Term Liabilities | $13.5M | $4.4M | $10M | $20.5M | $9.1M | $11M | $11.2M | $19.8M | $31.8M | $65.9M | $27.8M | $10.5M | $4M | $23M |
| Total Long-Term Liabilities | $130.3M | $159.8M | $221.5M | $304.7M | $193.8M | $250M | $321.9M | $271.9M | $590.7M | $644.9M | $629.7M | $680.4M | $94.5M | $119.4M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $295.5M | $325.7M | $456.1M | $495.7M | $333M | $416.3M | $534.4M | $536.2M | $980.5M | $969.3M | $944.9M | $1.04B | $404.9M | $478.5M |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $500K | $500K | $500K | $500K | $500K | $500K | $500K | $500K | $500K | $500K | $500K | $500K | $2.1B | $2.05B |
| Retained Earnings | -$779.9M | -$707M | -$314.9M | -$253.1M | -$303.6M | -$315.5M | -$288.3M | -$242.4M | -$299.9M | -$379.2M | -$419M | $7.3M | $0 | $0 |
| Comprehensive Income & Other | -$32M | -$44.6M | -$27M | -$35.8M | -$33.8M | -$28.1M | -$32M | -$33.7M | -$31.3M | -$50.1M | -$43.2M | -$19.1M | -$19.6M | $10.1M |
| Other Stockholders' Equity | $1.56B | $1.53B | $1.55B | $1.54B | $1.57B | $1.57B | $1.55B | $1.54B | $1.51B | $1.48B | $1.47B | $1.48B | -$19.6M | $10.1M |
| Total Equity | $778.2M | $828.5M | $1.24B | $1.29B | $1.27B | $1.26B | $1.27B | $1.3B | $1.22B | $1.1B | $1.06B | $1.49B | $2.08B | $2.06B |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.07B | $1.15B | $1.69B | $1.79B | $1.6B | $1.67B | $1.8B | $1.83B | $2.2B | $2.07B | $2B | $2.53B | $2.48B | $2.53B |
| Supplementary Data | ||||||||||||||
| Total Debt | $129.1M | $170.2M | $209.1M | $277M | $187.5M | $248.8M | $325.4M | $247.7M | $580.9M | $579M | $578.1M | $636.2M | $11.9M | $75.9M |
| Net Debt | $39.3M | $62.5M | $121.4M | $149.3M | $69M | $137.3M | $120.1M | -$136.8M | $361.2M | $465.3M | $448.6M | $487.2M | -$32.2M | $28M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 |
| Operating Activities | |||||||||||||||
| Net Income | -$72.9M | -$392.1M | -$61.8M | $50.5M | $5.2M | -$27.2M | -$45.9M | $57.5M | $79.3M | $39.8M | -$426.3M | $27.1M | $154.6M | $152.6M | $142.4M |
| Depreciation & Amortization | $38.9M | $45.5M | $46.1M | $47.7M | $38.3M | $42.9M | $36.9M | $33.5M | $40M | $41M | $65.4M | $85.4M | $69.2M | $57.6M | $51.1M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | -$3.4M | $25.9M | -$6.5M | $3.7M | -$6.2M | -$11.5M | $8.2M | -$35M | -$900K | -$11.6M | $3.5M |
| Stock-Based Compensation | $12.6M | $13.8M | $15.8M | $15.9M | $13.2M | $12.1M | $10.5M | $10.5M | $12.6M | $14.8M | $14.1M | $7.9M | $6M | $5.3M | $2.6M |
| Changes in Working Capital: | |||||||||||||||
| Accounts Receivable | $30.9M | -$6.6M | $39M | -$24.7M | -$10.8M | $45.8M | -$800K | $67.4M | -$15.3M | $8.4M | $9M | $15.1M | -$19.5M | $26.4M | -$20M |
| Inventory | $200K | $39M | $4.7M | -$30.9M | $17.2M | -$21.8M | -$21.3M | -$34.5M | -$16.8M | $41M | -$20.2M | -$2.9M | $14.3M | -$15.1M | -$13.1M |
| Accounts Payable | $600K | -$900K | -$14.4M | $35.4M | -$11.9M | -$18.9M | -$83.6M | -$64M | $18.8M | $6.5M | $14.7M | $4.5M | $15.1M | $8M | -$7.6M |
| Other Working Capital | -$21.9M | $3.5M | -$47.3M | -$4.1M | $31.5M | -$72.9M | $46.1M | -$112.3M | $9M | $35.7M | -$20.5M | -$3.9M | -$21.8M | -$9.7M | -$27.6M |
| Total Working Capital Change | $9.8M | $35M | -$18M | -$24.3M | $26M | -$67.8M | -$59.6M | -$143.4M | -$4.3M | $91.6M | -$17M | $12.8M | -$11.9M | $9.6M | -$68.3M |
| Other Non-Cash Items | $86.3M | $398.5M | $50.3M | $1.1M | $8M | $11.6M | -$9.9M | -$107.4M | $22.8M | $13.1M | $453.2M | $49.7M | $6.8M | -$10.9M | $8.3M |
| Net Cash from Operating | $74.7M | $100.7M | $32.4M | $90.9M | $87.3M | -$2.5M | -$74.5M | -$145.6M | $144.2M | $188.8M | $97.6M | $147.9M | $223.8M | $202.6M | $139.6M |
| Investing Activities | |||||||||||||||
| Capital Expenditures | -$31.6M | -$17.8M | -$17.8M | -$19.3M | -$21M | -$20.2M | -$50.6M | -$49.1M | -$43.2M | -$29.1M | -$70.4M | -$78.5M | -$49M | -$40.8M | -$39.7M |
| Acquisitions | -$28M | -$9.7M | $39.4M | -$116.1M | $0 | -$4M | -$57.5M | $688.6M | $100K | -$175M | $7.8M | $0 | -$2.2M | $0 | -$3.7M |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2.2M | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $49M | $0 | $0 |
| Other Investing Activities | -$1M | $0 | $0 | $0 | $0 | $0 | $0 | $754.3M | $100K | $3.2M | $7.8M | $7.8M | -$46.5M | $500K | $3.9M |
| Net Cash from Investing | -$60.6M | -$27.5M | $21.6M | -$135.4M | -$21M | -$24.2M | -$108.1M | $639.5M | -$43.1M | -$200.9M | -$62.6M | -$70.7M | -$50.9M | -$40.3M | -$39.5M |
| Financing Activities | |||||||||||||||
| Debt Repaid | $34.4M | $33.6M | $64.7M | -$103.4M | $50M | $69.8M | $200K | $339M | - | $900K | $51M | -$624.2M | $63.9M | $24.1M | -$11.8M |
| Common Stock Issuance | $700K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$3.3M | -$12.8M | -$19.1M | -$45.5M | -$11.5M | -$900K | -$3.6M | -$900K | -$2.5M | -$900K | -$1M | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$680M | $0 | $0 | $0 |
| Other Financing Activities | $0 | -$2.7M | -$10.4M | -$1.2M | $6.2M | $700K | $5.3M | $15.5M | $4.7M | $400K | $1.4M | -$595M | -$116.1M | -$109.8M | -$126.9M |
| Net Cash from Financing | -$37M | -$49.1M | -$94.2M | $56.7M | -$55.3M | -$70M | $1.5M | -$324.4M | $2.2M | -$1.4M | -$50.6M | $29.2M | -$180M | -$133.9M | -$115.1M |
| Forex Effect | $5M | -$4.1M | $200K | -$3M | -$4M | $2.9M | $1.9M | -$4.7M | $2.7M | -$2.3M | -$3.9M | -$1.5M | $3.3M | -$600K | $800K |
| Net Change in Cash | -$17.9M | $20M | -$40M | $9.2M | $7M | -$93.8M | -$179.2M | $164.8M | $106M | -$15.8M | -$19.5M | $104.9M | -$3.8M | $27.8M | -$14.2M |
| Supplementary Data | |||||||||||||||
| Operating Cash Flow | $74.7M | $100.7M | $32.4M | $90.9M | $87.3M | -$2.5M | -$74.5M | -$145.6M | $144.2M | $188.8M | $97.6M | $147.9M | $223.8M | $202.6M | $139.6M |
| Capital Expenditure | -$31.6M | -$17.8M | -$17.8M | -$19.3M | -$21M | -$20.2M | -$50.6M | -$49.1M | -$43.2M | -$29.1M | -$70.4M | -$78.5M | -$49M | -$40.8M | -$39.7M |
| Free Cash Flow | $43.1M | $82.9M | $14.6M | $71.6M | $66.3M | -$22.7M | -$125.1M | -$194.7M | $101M | $159.7M | $27.2M | $69.4M | $174.8M | $161.8M | $99.9M |
| Cash at Beginning | $107.7M | $87.7M | $127.7M | $118.5M | $111.5M | $205.3M | $384.5M | $219.7M | $113.7M | $129.5M | $149M | $44.1M | $47.9M | $20.1M | $34.3M |
| Cash at End | $89.8M | $107.7M | $87.7M | $127.7M | $118.5M | $111.5M | $205.3M | $384.5M | $219.7M | $113.7M | $129.5M | $149M | $44.1M | $47.9M | $20.1M |