📊 ITGR Key Takeaways
Is ITGR a Good Investment? Thesis Analysis
Integer Holdings demonstrates solid financial health with strong liquidity (3.32x current ratio) and manageable leverage (0.68x debt/equity), supported by healthy operating cash flow of $196.1M. However, the company faces concerning profitability headwinds with net income declining 14.3% YoY despite 8.0% revenue growth, indicating operational margin compression and execution challenges that need resolution.
Why Buy ITGR? Key Strengths
- Strong balance sheet with 3.32x current ratio and 2.23x quick ratio indicating excellent short-term liquidity
- Solid interest coverage of 15.1x provides significant debt service cushion and financial flexibility
- Positive free cash flow of $105.1M with 5.7% FCF margin demonstrates underlying business cash generation capability
- Medical device sector provides resilient end-market demand with long-term demographic tailwinds
ITGR Investment Risks to Consider
- Net income declined 14.3% YoY while revenue grew only 8.0%, signaling margin compression and operational efficiency deterioration
- Low net margin of 5.5% and ROE of 5.9% indicate limited profitability relative to capital employed
- Modest cash position of $17.2M relative to $1.2B long-term debt limits strategic flexibility despite reasonable leverage ratios
- Significant insider activity (21 Form 4 filings in 90 days) warrants monitoring for potential insider concerns or reorganization
Key Metrics to Watch
- Operating margin trend - critical to understand if 11.9% margin is stabilizing or continuing to decline
- Revenue growth sustainability - ability to maintain 8%+ growth while recovering profitability
- Free cash flow conversion - ensure FCF margin does not deteriorate further from 5.7% level
- Gross margin evolution - 27.0% gross margin should be analyzed for competitive or cost pressures
ITGR Financial Metrics
💡 AI Analyst Insight
Strong liquidity with a 3.32x current ratio provides a solid financial cushion.
ITGR Profitability Ratios
ITGR vs Healthcare Sector
How Integer Holdings Corp compares to Healthcare sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is ITGR Overvalued or Undervalued?
Based on fundamental analysis, Integer Holdings Corp shows some fundamental concerns relative to the Healthcare sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
ITGR Balance Sheet & Liquidity
ITGR 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: Integer Holdings Corp's revenue has grown significantly by 47% over the 5-year period, indicating strong business expansion. The most recent EPS of $2.69 reflects profitable operations.
ITGR Growth Metrics (YoY)
ITGR Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $431.4M | $35.4M | $0.99 |
| Q2 2025 | $427.9M | $14.5M | $0.41 |
| Q1 2025 | $407.8M | $20.5M | $0.59 |
| Q3 2024 | $396.8M | $27.3M | $0.81 |
| Q2 2024 | $400.0M | $24.0M | $0.71 |
| Q1 2024 | $378.8M | $13.1M | $0.39 |
| Q3 2023 | $342.7M | $16.1M | $0.48 |
| Q2 2023 | $350.1M | $20.8M | $0.62 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
ITGR Capital Allocation
ITGR SEC 10-K & 10-Q Filing Analysis
Access official SEC EDGAR filings for Integer Holdings Corp (CIK: 0001114483)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| Mar 25, 2026 | 4 | xslF345X06/wk-form4_1774489129.xml | View → |
| Mar 25, 2026 | 4 | xslF345X06/wk-form4_1774489125.xml | View → |
| Mar 25, 2026 | 4 | xslF345X06/wk-form4_1774489120.xml | View → |
| Mar 25, 2026 | 4 | xslF345X06/wk-form4_1774489111.xml | View → |
| Mar 17, 2026 | 4 | xslF345X05/wk-form4_1773782147.xml | View → |
❓ Frequently Asked Questions about ITGR
What is the AI rating for ITGR?
Integer Holdings Corp (ITGR) has an AI rating of HOLD with 62% confidence, based on fundamental analysis of SEC EDGAR filings.
What are ITGR's key strengths?
Claude: Strong balance sheet with 3.32x current ratio and 2.23x quick ratio indicating excellent short-term liquidity. Solid interest coverage of 15.1x provides significant debt service cushion and financial flexibility.
What are the risks of investing in ITGR?
Claude: Net income declined 14.3% YoY while revenue grew only 8.0%, signaling margin compression and operational efficiency deterioration. Low net margin of 5.5% and ROE of 5.9% indicate limited profitability relative to capital employed.
What is ITGR's revenue and growth?
Integer Holdings Corp reported revenue of $1.9B.
Does ITGR pay dividends?
Integer Holdings Corp does not currently pay dividends.
Where can I find ITGR SEC filings?
Official SEC filings for Integer Holdings Corp (CIK: 0001114483) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is ITGR's EPS?
Integer Holdings Corp has a diluted EPS of $2.89.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is ITGR a good stock to buy right now?
Based on our AI fundamental analysis in March 2026, Integer Holdings Corp has a HOLD rating with 62% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is ITGR stock overvalued or undervalued?
Valuation metrics for ITGR: ROE of 5.9% (sector avg: 15%), net margin of 5.5% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy ITGR stock in 2026?
Our dual AI analysis gives Integer Holdings Corp a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is ITGR's free cash flow?
Integer Holdings Corp's operating cash flow is $196.1M, with capital expenditures of $91.0M. FCF margin is 5.7%.
How does ITGR compare to other Healthcare stocks?
Vs Healthcare sector averages: Net margin 5.5% (avg: 12%), ROE 5.9% (avg: 15%), current ratio 3.32 (avg: 2).