Masimo Corporation

Masimo (NASDAQ: MASI) is a global medical technology company that develops and manufactures innovative noninvasive patient monitoring technologies, including medical devices and a wide array of sensors. Masimo is committed to improving patient outcomes and reducing cost of care by working with dedicated hospital staff to convert healthcare institutions around the world to Masimo SET pulse oximetry technology. We are accomplishing this goal through partnering with our patient monitoring companies and caregivers and creating innovative, cost-effective acquisition programs for Masimo SET products for the benefit of the patients. A key medical technology innovator, Masimo is responsible for the invention of award-winning noninvasive technologies that are revolutionizing patient monitoring, including Masimo SET® pulse oximetry, Masimo Rainbow Pulse CO-Oximetry and new Masimo noninvasive and continuous total hemoglobin (SpHb™) monitoring technology. The recent introduction of the first-and-only FDA-cleared technology that noninvasively and continuously measures total hemoglobin without a painful needle stick and invasive blood draw is expected to open new markets and significantly expand the company’s growth opportunities. For more than 20 years now, Masimo has been focused on a singular mission — to create noninvasive patient monitoring technologies that are more effective and reliable and to improve patient outcomes and reduce the cost of care by bringing these technologies to new sites and applications. The result is a portfolio of clinically-proven products that lead the way in innovation, performance and patient safety by giving health care providers the information they need to optimize clinical decision-making.

Type
Public
HQ
Irvine, US
Founded
1989
Size (employees)
1,243 (est)-4%
Website
masimo.com
Masimo Corporation was founded in 1989 and is headquartered in Irvine, US

Masimo Corporation Office Locations

Masimo Corporation has offices in Irvine, Washington, Cleveland, Singapore and in 27 other locations
Irvine, US (HQ)
52 Discovery
Show all (30)

Masimo Corporation Data and Metrics

Masimo Corporation Financial Metrics

Masimo Corporation's revenue was reported to be $186.3 m in Q1, 2017
USD

Revenue (Q1, 2017)

186.3 m

Gross profit (Q1, 2017)

124.1 m

Gross profit margin (Q1, 2017), %

67%

EBIT (Q1, 2017)

43.2 m

Market capitalization (17-Aug-2017)

4.9 b

Cash (01-Apr-2017)

343.8 m
Masimo Corporation's current market capitalization is $4.9 b.
USDFY, 2015FY, 2016

Revenue

630.1 m663.8 m

Revenue growth, %

7%5%

General and administrative expense

252.7 m241 m

Operating expense total

252.7 m241 m

EBIT

120.3 m103.5 m

EBIT margin, %

19%16%

Net Income

81.5 m300.7 m
USDQ2, 2014Q3, 2014Q1, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

140.9 m144.1 m154.5 m152.6 m171.2 m172.6 m167.6 m186.3 m

Cost of goods sold

47.8 m47.9 m51.4 m50.3 m57 m57.5 m57.5 m62.2 m

Gross profit

93.1 m96.2 m103.1 m102.2 m114.2 m115.1 m110.1 m124.1 m

Gross profit Margin, %

66%67%67%67%67%67%66%67%

R&D expense

13.3 m14.2 m14.9 m

General and administrative expense

61.3 m62.1 m60.8 m59.6 m62.5 m63.9 m57.8 m65.6 m

Operating expense total

74.7 m76.3 m75.7 m59.6 m62.5 m63.9 m57.8 m65.6 m

EBIT

18.4 m22.3 m27.4 m28.1 m37.3 m36.4 m36.6 m43.2 m

EBIT margin, %

13%15%18%18%22%21%22%23%

Pre tax profit

18.7 m21.7 m27.5 m

Income tax expense

4.8 m5.6 m7.7 m9.2 m10.3 m6.9 m8.3 m(1.3 m)
USDFY, 2015FY, 2016

Cash

132.3 m306 m

Inventories

62 m72.5 m

Current Assets

299.1 m507.2 m

PP&E

132.5 m136 m

Goodwill

20.4 m19.8 m

Total Assets

601.7 m820.5 m

Accounts Payable

25.9 m31.1 m

Total Debt

125.2 m71 k

Current Liabilities

132.6 m220.4 m

Total Liabilities

260.3 m

Additional Paid-in Capital

332.4 m382.3 m

Retained Earnings

288.6 m589.2 m

Total Equity

275.7 m560.2 m

Debt to Equity Ratio

0.5 x0 x

Debt to Assets Ratio

0.2 x0 x

Financial Leverage

2.2 x1.5 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

97.1 m119 m135.7 m119.4 m103.6 m139.9 m116.1 m126 m343.8 m

Inventories

58.3 m62.8 m69.6 m71.6 m73.3 m62.5 m62.3 m67 m80.3 m

Current Assets

272 m299.6 m315.5 m309.6 m297.5 m317.5 m296 m324.6 m556.3 m

PP&E

82.4 m87.6 m108.7 m122.7 m128.6 m133.3 m133 m133.2 m136.2 m

Goodwill

22.3 m21.8 m20.2 m20.4 m20.5 m20.7 m20.4 m20.3 m19.9 m

Total Assets

498.8 m532.5 m575.2 m583.6 m577.8 m621.3 m602.7 m639.5 m877.7 m

Accounts Payable

29.1 m29 m27.1 m32.5 m28.7 m25.3 m30.7 m32.2 m35 m

Current Liabilities

171.4 m240.2 m117.2 m114.3 m111.8 m119.7 m120.4 m144.3 m202.7 m

Additional Paid-in Capital

280.6 m283.6 m297 m310.5 m325.1 m338.9 m357.8 m368.5 m410.1 m

Retained Earnings

169.2 m184 m225.8 m245.1 m264.5 m316.1 m346.2 m373.9 m634.6 m

Total Equity

319.4 m284.1 m324.7 m284.1 m268.2 m268 m295.1 m333.2 m634 m

Financial Leverage

1.6 x1.9 x1.8 x2.1 x2.2 x2.3 x2 x1.9 x1.4 x
USDFY, 2015FY, 2016

Net Income

81.5 m300.7 m

Depreciation and Amortization

15.7 m16.8 m

Accounts Receivable

(9.9 m)(21.2 m)

Accounts Payable

(4.3 m)7.8 m

Cash From Operating Activities

114.2 m416.8 m

Purchases of PP&E

(50.4 m)(19.7 m)

Cash From Investing Activities

(54.6 m)(25.1 m)

Short-term Borrowings

(80 k)(75 k)

Cash From Financing Activities

(59.1 m)(216.6 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Inventories

58.3 m62.8 m69.6 m71.6 m73.3 m62.5 m62.3 m67 m80.3 m

Accounts Payable

29.1 m29 m27.1 m32.5 m28.7 m25.3 m30.7 m32.2 m35 m
Y, 2017

Financial Leverage

1.4 x

Masimo Corporation Operating Metrics

FY, 2016

Patents Issued

598

Patents Pending

315

Masimo Corporation Market Value History

Masimo Corporation Revenue Breakdown

Masimo Corporation Job Categories

Masimo Corporation Median Salaries

Source: 56 public H-1B filings from Masimo Corporation

Traffic Overview of Masimo Corporation

Masimo Corporation Online and Social Media Presence

Masimo Corporation Company Life and Culture

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