OverviewSuggest Edit

Integer Holdings (formerly known as Greatbatch) is a medical device outsource manufacturing company serving the cardiac, neuromodulation, orthopedics, vascular, and advanced surgical, and non-medical power solutions markets. The company also develops batteries for high-end niche applications in energy, military, and environmental markets. Its major brands include Greatbatch Medical, Lake Region Medical, and Electrochem.

TypePublic
Founded1940
HQPlano, TX, US
Websiteinteger.net
Employee Ratings3.7

Latest Updates

Employees (est.) (Dec 2020)7,500(-9%)
Job Openings365
Revenue (FY, 2020)$1.1 B(-14%)
Share Price (Sept 2021)$89.7(+3%)
Cybersecurity ratingBMore

Key People/Management at Integer Holdings

Joseph W. Dziedzic

Joseph W. Dziedzic

President & CEO
Jason Garland

Jason Garland

Executive Vice President, Chief Financial Officer
Joseph Flanagan

Joseph Flanagan

Executive Vice President, Quality & Regulatory Affairs
Kirk Thor

Kirk Thor

Executive Vice President, Chief Human Resources Officer
William B. Summers

William B. Summers

Board Member
Joel Becker

Joel Becker

President, Cardiac Rhythm Management & Neuromodulation
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Integer Holdings Office Locations

Integer Holdings has offices in Plano, Alden, Beaverton, Chaska and in 15 other locations
Plano, TX, US (HQ)
5830 Granite Pkwy #1150
Alden, NY, US
11900 Walden Ave
Beaverton, OR, US
9305 SW Nimbus Ave
Chaska, MN, US
340 Lake Hazeltine Dr
Clarence, NY, US
10000 Wehrle Dr
El Paso, TX, US
31c Butterfield Trail Blvd
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Integer Holdings Financials and Metrics

Integer Holdings Revenue

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Integer Holdings's revenue was reported to be $1.07 b in FY, 2020 which is a 14.7% decrease from the previous period.
USD

Revenue (Q1, 2021)

290.5m

Gross profit (Q1, 2021)

84.5m

Gross profit margin (Q1, 2021), %

29.1%

Net income (Q1, 2021)

21.5m

EBIT (Q1, 2021)

34.6m

Market capitalization (22-Sept-2021)

3.0b

Closing stock price (22-Sept-2021)

89.7

Cash (2-Apr-2021)

28.4m

EV

3.6b
Integer Holdings's current market capitalization is $3 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

1.2b1.3b1.1b

Revenue growth, %

(17%)4%(15%)

Cost of goods sold

852.3m903.1m787.7m

Gross profit

362.7m355.0m285.7m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

381.7m314.5m305.1m314.7m314.2m303.6m328.4m240.1m235.9m290.5m

Cost of goods sold

286.0m215.7m213.2m226.1m217.2m210.2m231.7m182.3m178.0m206.0m

Gross profit

95.8m98.8m91.9m88.6m97.0m93.4m96.7m57.9m57.9m84.5m

Gross profit Margin, %

25%31%30%28%31%31%29%24%25%29%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

25.6m13.5m49.2m

Accounts Receivable

185.5m192.0m156.2m

Prepaid Expenses

15.1m17.9m15.9m

Inventories

190.1m167.3m149.3m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

168.0m96.3m77.3m

Depreciation and Amortization

89.0m77.9m79.3m

Inventories

(16.1m)3.7m18.4m

Accounts Payable

(94.0k)1.9m(9.1m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

8.1m28.1m142.2m21.7m54.7m85.3m31.1m31.5m61.8m21.5m

Depreciation and Amortization

26.3m48.6m68.4m19.7m38.5m57.4m19.5m39.1m59.0m20.3m

Inventories

(11.4m)(20.9m)(19.7m)8.6m2.8m(8.6m)(4.4m)(5.9m)10.3m(5.2m)

Accounts Payable

22.5m8.9m10.5m15.4m16.3m17.8m18.5m(5.9m)(5.2m)11.4m
USDQ1, 2018

Debt/Equity

1.7 x

Debt/Assets

0.5 x

Financial Leverage

3.1 x
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Integer Holdings Operating Metrics

Integer Holdings's Backlog was reported to be $308m in FY, 2019.
FY, 2016FY, 2017FY, 2018FY, 2019

Backlog

$489 m$268 m$308 m

Facilities

462728

Patents Issued

1.02 k983695617

Patents Pending

245296
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Integer Holdings Acquisitions / Subsidiaries

Company NameDateDeal Size
Inomec LtdFebruary 20, 2020
Accellent LLC
Brivant Limited
Centro de Construcción de Cardioestimuladores del Uruguay SA
Electrochem Solutions
Greatbatch Ltd.
Greatbatch MCSO
Greatbatch Medical
Greatbatch Medical SA
Greatbatch Netherlands B.V.
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Integer Holdings Revenue Breakdown

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Integer Holdings revenue breakdown by business segment: 32.3% from Cardiac & Neuromodulation, 11.3% from Advanced Surgical, Orthopedics & Portable Medical, 53.1% from Cardio & Vascular and 3.3% from Other

Integer Holdings revenue breakdown by geographic segment: 5.5% from Costa Rica, 55.6% from United States, 30.0% from Rest of World and 8.9% from Puerto Rico

Integer Holdings Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

SecurityScorecard logo

Integer Holdings Online and Social Media Presence

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Integer Holdings News and Updates

Integer Holdings Corporation Reports Second Quarter 2021 Results

~ Strong sales and profit growth vs. last year ~~ Increased 2021 outlook ~

Integer Holdings Corporation Reports First Quarter 2021 Results

~ Sales and profit at high end of guidance ~~ Strong cash flow from operations ~~ Increased 2021 outlook ~

Integer Holdings Corporation Reports Results for Fourth Quarter and Full Year 2020

~ Strong 4Q sequential sales and profit increase ~~ 4Q sales at the high end of guidance, profit above guidance ~ ~ Strong cash management … reduced net total debt by $123 million in 2020 ~

Integer Appoints Sheila Antrum, Cheryl Capps and Tyrone Jeffers to Board of Directors

Integer Holdings Corporation (NYSE: ITGR), a leading medical device outsource (MDO) manufacturer, today announced that it has elected Sheila Antrum, Cheryl Capps and Alvin (Tyrone) Jeffers to its Board of Directors

Integer Schedules Fourth Quarter and Full-Year 2020 Earnings Release and Conference Call for February 18, 2021

Integer Holdings Corporation (NYSE:ITGR) announced today that it plans to release financial and operational results for fourth quarter and full-year 2020, at 8 a.m. Eastern Time (ET) on Thursday, February 18, 2021. Following the release, Integer management will host a webcast at 9 a.m. ET to discuss…

Integer’s Alden, N.Y. Location Breaks Ground on Building Expansion

Integer Holdings Corporation (NYSE: ITGR), a leading medical device outsource (MDO) manufacturer, today announced that its Alden, N.Y., facility recently broke ground on an expansion to accommodate new equipment that will substantially increase the plant’s production capacity of rechargeable Xcellio…
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Integer Holdings Frequently Asked Questions

  • When was Integer Holdings founded?

    Integer Holdings was founded in 1940.

  • Who are Integer Holdings key executives?

    Integer Holdings's key executives are Joseph W. Dziedzic, Jason Garland and Joseph Flanagan.

  • How many employees does Integer Holdings have?

    Integer Holdings has 7,500 employees.

  • What is Integer Holdings revenue?

    Latest Integer Holdings annual revenue is $1.1 b.

  • What is Integer Holdings revenue per employee?

    Latest Integer Holdings revenue per employee is $143.1 k.

  • Who are Integer Holdings competitors?

    Competitors of Integer Holdings include LISI Group, ConvaTec and Smith & Nephew.

  • Where is Integer Holdings headquarters?

    Integer Holdings headquarters is located at 5830 Granite Pkwy #1150, Plano.

  • Where are Integer Holdings offices?

    Integer Holdings has offices in Plano, Alden, Beaverton, Chaska and in 15 other locations.

  • How many offices does Integer Holdings have?

    Integer Holdings has 21 offices.