LMAT (LeMaitre Vascular) Gross Profit: $185.5 Mil (TTM As of Mar. 2026)

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LMAT LeMaitre Vascular Inc LMAT
100 GF Score
Price $81.45
GF Value $95.26
Valuation Modestly Undervalued
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What is LeMaitre Vascular Gross Profit?

LeMaitre Vascular LMAT +0.78% 100 Gross Profit is $185.5 Mil as of Mar. 2026. GuruFocus rates LMAT with a GF Score™ of 100/100 and a GF Value™ of $95.26 (Modestly Undervalued).

LeMaitre Vascular's gross profit for the three months ended in Mar. 2026 was $48.4 Mil. LeMaitre Vascular's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was $185.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. LeMaitre Vascular's gross profit for the three months ended in Mar. 2026 was $48.4 Mil. LeMaitre Vascular's Revenue for the three months ended in Mar. 2026 was $66.6 Mil. Therefore, LeMaitre Vascular's Gross Margin % for the quarter that ended in Mar. 2026 was 72.72%.

LeMaitre Vascular had a gross margin of 72.72% for the quarter that ended in Mar. 2026 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of LeMaitre Vascular was 72.90%. The lowest was 64.89%. And the median was 68.38%.


LeMaitre Vascular  (NAS:LMAT) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

LeMaitre Vascular had a gross margin of 72.72% for the quarter that ended in Mar. 2026 => Durable competitive advantage


LeMaitre Vascular Gross Profit Related Terms


LeMaitre Vascular Gross Profit Historical Data

* Premium members only.

The historical data trend for LeMaitre Vascular's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

LeMaitre Vascular Gross Profit Chart

LeMaitre Vascular Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 101.38 104.90 127.05 150.90 178.54

LeMaitre Vascular Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.42 44.97 45.96 46.19 48.40

LMAT vs PLSE, XRAY, ATRC: Gross Profit Comparison

For the Medical Instruments & Supplies subindustry, LeMaitre Vascular's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


LeMaitre Vascular Gross Profit vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, LeMaitre Vascular's Gross Profit distribution charts can be found below:

* The bar in red indicates where LeMaitre Vascular's Gross Profit falls into.


LMAT
100GF Score
LeMaitre Vascular Inc LMAT
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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LeMaitre Vascular Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

LeMaitre Vascular's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=249.602 - 71.063
=178.5

LeMaitre Vascular's Gross Profit for the quarter that ended in Mar. 2026 is calculated as

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=66.551 - 18.155
=48.4

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $185.5 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

LeMaitre Vascular's Gross Margin % for the quarter that ended in Mar. 2026 is calculated as

Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=48.4 / 66.551
=72.72 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $185.5 Mil mean?
LeMaitre Vascular (LMAT) has a Gross Profit of $185.5 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on LeMaitre Vascular and its competitors.
Is LeMaitre Vascular's Gross Profit too high?
LeMaitre Vascular's current Gross Profit is $185.5 Mil. Overall, LeMaitre Vascular has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LeMaitre Vascular's Gross Profit compare to PLSE and XRAY?
LeMaitre Vascular's Gross Profit of $185.5 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Medical Devices & Instruments company?
A good Gross Profit depends on the Medical Devices & Instruments industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on LeMaitre Vascular and its competitors. LeMaitre Vascular's current Gross Profit is $185.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LeMaitre Vascular stock overvalued right now?
Based on GuruFocus' analysis, LeMaitre Vascular (LMAT) is currently considered Modestly Undervalued. The stock's GF Value™ is $95.26, compared to a current price of $81.45 — trading 14.5% below its estimated fair value. The current Gross Profit is $185.5 Mil. LeMaitre Vascular's overall GF Score™ is 100/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For LeMaitre Vascular (LMAT), the current Gross Profit is $185.5 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is LeMaitre Vascular (LMAT) Overvalued in 2026?

Based on GuruFocus' analysis, LeMaitre Vascular stock appears to be undervalued. The current stock price of $81.45 is trading 14.5% below its estimated GF Value™ of $95.26. GuruFocus considers LeMaitre Vascular to be Modestly Undervalued.

Key valuation signals for LMAT:

  • Gross Profit: $185.5 Mil
  • GF Value™: $95.26 vs. price of $81.45 (14.5% below fair value)
  • GF Score™: 100/100

No single metric tells the full story. See the LMAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LeMaitre Vascular Business Description

Other Exchanges LHU:Germany
Address 63 Second Avenue, Burlington, MA, USA, 01803
LeMaitre Vascular Inc is a provider of medical devices and human tissue cryopreservation services mainly used in the treatment of peripheral vascular disease, end-stage renal disease, and cardiovascular disease. The company develops, manufactures, and markets vascular devices to address the needs of vascular surgeons and, to a lesser extent, other specialties such as cardiac surgeons, general surgeons, and neurosurgeons. Its diversified portfolio consists of branded products used in arteries and veins that are well known to vascular surgeons. It operates across the Americas, Europe, the Middle East and Africa, and Asia Pacific, with the majority of its revenue generated from the Americas.
100GF Score

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Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$81.45
Price
$95.26
GF Value