Smith & Nephew

Makes Truclear, a product that removes polyps, fibroids and other abnormal tissue from the uterus.

Launch date

1856

Employees

Market cap

Enterprise valuation

$16.7b (Public information from Sep 2024)

Company register number 00324357

Watford England (HQ)

http://global.smith-nephew.com

https://twitter.com/smithnephewplc https://www.facebook.com/smithnephewplc https://www.linkedin.com/company/smith-&-nephew

Revenues, earnings & profits over time

USD	2020	2021	2022	2023	2024	2025	2026
Revenues	4.6b	5.2b	5.2b	5.5b	5.8b	6.1b	6.4b
% growth	(11 %)	14 %	-	6 %	5 %	5 %	5 %
EBITDA	904m	1.2b	943m	1.2b	1.4b	1.6b	1.7b
% EBITDA margin	20 %	22 %	18 %	21 %	25 %	26 %	27 %
Profit	448m	524m	223m	263m	462m	640m	764m
% profit margin	10 %	10 %	4 %	5 %	8 %	10 %	12 %
EV / revenue	4.4x	3.4x	2.7x	2.7x	2.8x	2.6x	2.4x
EV / EBITDA	22.1x	14.9x	15.0x	12.4x	11.1x	9.9x	9.0x
R&D budget	307m	356m	345m	299m	-	-	-
R&D % of revenue	7 %	7 %	7 %	5 %	-	-	-

Source: Dealroom estimates

Date	Investors	Amount	Round
Nov 1999	N/A	N/A	IPO
May 2016	Medtronic	$350m Valuation: $350m 0.3x EV/LTM EBITDA	Acquisition
Aug 2023*	Yousif Capital Management	$204k	Post IPO Equity
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.

By Country

United States 12 Israel 2 United Kingdom 2 Germany 1 India 1 Brazil 1

By Industry

Health 14 Robotics 1 Semiconductors 1 Hosting 1

By Round

ACQUISITION 14 SERIES B 4 SERIES C 2 EARLY VC 2

ACQUISITION by Smith & Nephew Jun 2019

ACQUISITION by Smith & Nephew Nov 2023

ACQUISITION by Stryker Mar 2019

ACQUISITION by Smith & Nephew Feb 2014

Rotation Medical

ACQUISITION by Smith & Nephew Oct 2017

Kalypto Medical

ACQUISITION by Smith & Nephew May 2012

Michelson Diagnostics

ACQUISITION by Smith & Nephew Apr 2012

Blue Belt Technologies

ACQUISITION by Smith & Nephew Nov 2015