Orthofix

OverviewSuggest Edit

Headquartered in Lewisville, TX, the company has four strategic business units that include BioStim, Biologics, Extremity Fixation and Spine Fixation. Our products are distributed in more than 70 countries around the world via Orthofix sales representatives, distributors and subsidiaries.

Founded in Verona, Italy in 1980, Orthofix has approximately 900 employees around the world who are dedicated to the development, manufacturing and distribution of orthopedic and spine products and regenerative tissue forms. Many of our innovative product offerings were cultivated through affiliations with surgeons and premiere health care organizations. Orthofix is proud to collaborate on research and development activities with leading clinical organizations such as the Musculoskeletal Transplant Foundation (MTF) and the Texas Scottish Rite Hospital for Children.

TypePublic
Founded1980
HQZ.a.i., ITMap
Websiteorthofix.com
Employee Ratings2.8More
View Jobs (40)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2018)954(+12%)
Job Openings40
Revenue (FY, 2018)$453 M(+5%)
Share Price (Jun 2019)$52.8 (+3%)

Key People/Management at Orthofix

Brad Mason

Brad Mason

President and Chief Executive Officer
Doug Rice

Doug Rice

Chief Financial Officer ​
Jill Mason

Jill Mason

​Chief Ethics and Compliance Officer​
James Ryaby

James Ryaby

​ Chief Scientific Officer​
Brad Niemann

Brad Niemann

President, Global Orthofix Spine
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Orthofix Office Locations

Orthofix has offices in Z.a.i., Sona, San Juan, Willemstad and in 5 other locations
Z.a.i., IT (HQ)
9 Via delle Nazioni
Sona, IT
7 Via della Filanda
São Paulo, BR
1212 R. Alves Guimarães
Willemstad, CW
A. de Veerstraat
Arcueil, FR
28 Villa Baudran
Ottobrunn, DE
5 Siemensstraße
Show all (9)

Orthofix Financials and Metrics

Orthofix Revenue

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Orthofix's revenue was reported to be $453.04 m in FY, 2018
USD

Revenue (Q2, 2019)

115.9m

Gross profit (Q2, 2019)

90.0m

Gross profit margin (Q2, 2019), %

77.7%

Net income (Q2, 2019)

(547.0k)

EBIT (Q2, 2019)

451.0k

Market capitalization (10-Jun-2019)

1.0b

Closing stock price (10-Jun-2019)

52.8

Cash (30-Jun-2019)

52.1m
Orthofix's current market capitalization is $1 b.
Annual
USDFY, 2012FY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

447.6m400.5m396.5m409.8m433.8m453.0m

Cost of goods sold

98.3m102.3m86.5m87.9m93.0m96.6m

Gross profit

349.3m298.2m310.0m321.9m340.8m356.4m

Gross profit Margin, %

78%74%78%79%79%79%
Quarterly
USDQ1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

103.4m98.3m92.7m101.3m101.0m101.0m89.8m101.0m101.2m98.7m104.1m98.5m102.7m108.9m105.2m108.7m111.5m111.7m109.1m115.9m

Cost of goods sold

25.6m20.2m23.9m22.6m25.4m25.3m19.3m21.9m23.9m22.1m22.5m19.9m22.6m23.2m23.7m24.1m22.8m24.0m23.7m25.8m

Gross profit

77.8m78.0m68.8m78.7m75.6m75.7m70.4m79.0m77.3m76.5m81.6m78.6m80.2m85.8m81.5m84.6m88.7m87.7m85.4m90.0m

Gross profit Margin, %

75%79%74%78%75%75%78%78%76%78%78%80%78%79%77%78%80%78%78%78%
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Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

31.1m30.5m36.8m63.7m39.6m81.2m69.6m

Accounts Receivable

2.8m

Inventories

83.4m90.6m59.8m57.6m63.3m81.3m76.8m

Current Assets

310.6m280.2m256.4m212.3m194.4m251.8m244.6m
Quarterly
USDQ1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

33.7m27.4m22.2m26.7m28.9m29.8m29.8m55.9m63.7m39.8m40.5m46.8m41.7m44.3m53.9m77.1m45.7m53.8m46.7m52.1m

Inventories

84.7m94.9m100.2m92.8m70.9m64.3m56.7m59.2m57.8m59.8m61.3m65.0m66.3m75.9m80.1m77.7m81.7m79.9m79.1m79.1m

Current Assets

312.6m296.4m281.8m278.4m292.7m270.3m235.0m235.2m245.5m174.0m178.0m185.2m186.8m198.6m213.4m263.1m237.4m245.0m224.3m232.8m

PP&E

54.1m55.2m55.8m52.5m51.1m49.6m46.7m50.0m51.5m53.6m52.5m51.9m48.0m46.7m46.7m44.0m44.4m43.6m63.7m64.4m
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Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

42.8m(25.5m)(8.5m)(2.8m)3.1m6.2m13.8m

Depreciation and Amortization

20.6m22.7m2.3m20.9m20.8m20.1m18.7m

Inventories

(2.5m)(6.6m)8.1m3.1m(5.3m)(15.6m)9.7m

Accounts Payable

4.6m(2.3m)(6.5m)3.0m(1.8m)2.3m(170.0k)
Quarterly
USDQ1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

4.5m2.2m(17.6m)(782.0k)(683.0k)452.0k(8.4m)3.6m(1.4m)3.9m(7.4m)9.9m(2.7m)1.2m4.7m5.2m6.2m4.9m897.0k350.0k

Depreciation and Amortization

5.0m10.2m15.5m6.0m661.0k508.0k405.0k5.1m10.4m15.4m4.4m8.9m13.7m5.7m11.9m

Inventories

(2.1m)(12.9m)(11.6m)(1.7m)70.9m64.3m56.7m59.2m57.8m59.8m61.3m65.0m(2.7m)(11.1m)(14.7m)1.7m5.3m6.9m(2.5m)(2.4m)

Accounts Payable

(7.2m)(3.5m)(8.0m)(6.7m)15.7m13.2m16.3m17.2m17.0m13.5m13.7m14.4m1.0m(950.0k)(2.2m)(4.5m)(3.8m)(2.8m)1.9m1.6m
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USDY, 2019

Financial Leverage

1.4 x
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Orthofix Online and Social Media Presence

Orthofix's Trends

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Orthofix News and Updates

August 01, 2018

Andrew Dubowski Joins Ortho Consulting Group

BASINGSTOKE, England, August 1, 2018 /PRNewswire/ -- Ortho Consulting Group is delighted to announce that Andrew Dubowski has joined our team as Head of International Business Development. Andrew joins the team bringing a wealth of Orthopaedic knowledge with over 20 years in the health...
July 18, 2018

Electromagnetic Therapy Device Market 2018 Global Analysis By Key Players – Orthofix Holdings, BEMER, Dolphin MPS, Curatronic, Swiss Bionic Solutions, ORIN

WiseGuyReports.Com Publish a New Market Research Report On –“ Electromagnetic Therapy Device Market 2018 Global Analysis By Key Players – Orthofix Holdings, BEMER, Dolphin MPS, Curatronic, Swiss Bionic Solutions, ORIN”. Posted via Industry Today. Follow us on Twitter @IndustryToday
April 30, 2018

Orthofix International's (OFIX) CEO Brad Mason on Q1 2018 Results - Earnings Call Transcript

January 23, 2018

Spinal Fusion Market with Current Trends Analysis 2021

Spinal fusion is a surgical procedure to fuse two or more vertebrae to restrict their movement. The procedure is recommended to eliminate the pain caused by incorrect movement of vertebrae. Posted via Industry Today. Follow us on Twitter @IndustryToday
November 21, 2017

Electromagnetic Therapy Device Market: Global Industry Analysis and Opportunity and Forecast 2017 to 2023

Electromagnetic Therapy Device Market 2017 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023 Posted via Industry Today. Follow us on Twitter @IndustryToday
September 15, 2017

Bone Screw System Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

The key factor that is contributing to the growth of the bone screw systems market is the rise in the number of people that are suffering from trauma and orthopedic diseases. Posted via Industry Today. Follow us on Twitter @IndustryToday
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 Orthofix Frequently Asked Questions

  • When was Orthofix founded?

    Orthofix was founded in 1980.

  • Who are Orthofix key executives?

    Orthofix's key executives are Brad Mason, Doug Rice and Jill Mason.

  • How many employees does Orthofix have?

    Orthofix has 954 employees.

  • What is Orthofix revenue?

    Latest Orthofix annual revenue is $453 m.

  • What is Orthofix revenue per employee?

    Latest Orthofix revenue per employee is $474.9 k.

  • Who are Orthofix competitors?

    Competitors of Orthofix include Zimmer Biomet, NuVasive and Globus Medical.

  • Where is Orthofix headquarters?

    Orthofix headquarters is located at 9 Via delle Nazioni, Z.a.i..

  • Where are Orthofix offices?

    Orthofix has offices in Z.a.i., Sona, San Juan, Willemstad and in 5 other locations.

  • How many offices does Orthofix have?

    Orthofix has 9 offices.