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HARVARD BIOSCIENCE INC

HBIO

$8.46 ▼ -0.21 (-2.48%) at close

18 Visible periods

32 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Poor

Bearish

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Analytical Summary

HARVARD BIOSCIENCE INC faces fundamental challenges with weakness in Profit Margin (%) and Debt to Equity. The fundamentals warrant careful consideration of downside risks.

Market Cap $375.5M

Dividend Yield —

Revenue Growth -8.1% ↗

Op. Margin -56.1% ↘

ROIC -96.8% ↘

FCF / Share $0.12 ↗

Trailing P/E —

Price / Book 27.6x

FCF Yield 1.5%

Debt / Equity 2.61

info Valuation on last close. End-of-day price, Nov 5, 2026.

18-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$86.55M

↓ -8.1% —

Net Income Profit after all expenses

$-56.70M

↓ -357.1% —

Operating Margin Operating profit as % of sales

-56.1%

↓ -750.7% 5th

FCF / Share Free cash flow per share

$0.12

↑ +545.7% —

Long-Term Debt Long-term obligations

$35.87M

↓ -2.9% —

trending_up

Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Debt to EquityDebt to Equity is concerning (bottom quartile)
Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile

Health Breakdown

Profitability →

Financial Health ↑

Cash Quality ↑

Financial view

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Revenue Growth YoY (%)	-8.1% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-261%)	-16.1% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-423%)	-1.0% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-119%)	-4.7% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-194%)	16.5% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+229%)	-12.1% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-342%)	-3.8% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-176%)	56.0% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1020%)	-25.9% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-619%)	-3.8% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-176%)	0.0% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-100%)	3.3% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-34%)	-5.4% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-208%)	2.1% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-58%)	0.6% Caution Caution Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-87%)	26.1% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+422%)	—	—
EPS Growth YoY (%)	-357.1% Weak ↑ Weak Improving Year-over-year change in earnings per share Optimal: > 10%	-250.0% Weak ↑ Weak Improving Year-over-year change in earnings per share Optimal: > 10%	65.2% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	-2200.0% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—	-50.0% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-300.0% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	84.6% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	77.2% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	N/M	N/M	N/M	-38.5% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-80.3% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	175.0% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	-357.1% Weak ↑ Weak Improving Year-over-year change in net income	-263.3% Weak ↑ Weak Improving Year-over-year change in net income	64.1% Excellent ↑ Excellent Improving Year-over-year change in net income	-3204.2% Weak ↓ Weak Declining Year-over-year change in net income	96.3% Excellent ↑ Excellent Improving Year-over-year change in net income	-66.6% Weak ↑ Weak Improving Year-over-year change in net income	-60.4% Weak ↓ Weak Declining Year-over-year change in net income	-237.8% Weak ↓ Weak Declining Year-over-year change in net income	79.9% Excellent Excellent Year-over-year change in net income	77.4% Excellent Excellent Year-over-year change in net income	N/M	N/M	N/M	-37.8% Weak ↓ Weak Declining Year-over-year change in net income	-80.0% Weak Weak Year-over-year change in net income	162.9% Excellent Excellent Year-over-year change in net income	—	—
FCF Growth YoY (%)	N/M	N/M	N/M	N/M	-99.2% Weak ↓ Weak Declining Year-over-year change in free cash flow	17.2% Good ↓ Good Declining Year-over-year change in free cash flow	246.9% Excellent ↓ Excellent Declining Year-over-year change in free cash flow	983.5% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-96.9% Weak ↓ Weak Declining Year-over-year change in free cash flow	649.7% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-84.5% Weak ↓ Weak Declining Year-over-year change in free cash flow	1.2% Caution ↑ Caution Improving Year-over-year change in free cash flow	-52.3% Weak ↓ Weak Declining Year-over-year change in free cash flow	19.8% Good ↑ Good Improving Year-over-year change in free cash flow	-44.9% Weak Weak Year-over-year change in free cash flow	-23.8% Weak Weak Year-over-year change in free cash flow	—	—
Revenue CAGR 3Y (%)	-8.6% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-7.5% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	3.2% Caution ↑ Caution Improving Compound annual revenue growth over 3 years	-0.8% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-0.5% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	9.7% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	3.6% Caution ↑ Caution Improving Compound annual revenue growth over 3 years	3.6% Caution ↑ Caution Improving Compound annual revenue growth over 3 years	-10.7% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-0.2% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-0.8% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-0.1% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-0.9% Weak Weak Compound annual revenue growth over 3 years	9.0% Fair Fair Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	-3.3% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-4.1% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-1.5% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	7.9% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	2.6% Caution ↑ Caution Improving Compound annual revenue growth over 5 years	-1.2% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	1.3% Caution ↑ Caution Improving Compound annual revenue growth over 5 years	2.8% Caution ↑ Caution Improving Compound annual revenue growth over 5 years	-7.0% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-0.8% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	0.1% Weak Weak Compound annual revenue growth over 5 years	4.8% Fair Fair Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	—	—	—	—	—	—	—	—	—	—	—	-18.6% Weak Weak Compound annual EPS growth over 3 years	—	-30.7% Weak Weak Compound annual EPS growth over 3 years	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Operating Margin (%) (%)	-56.1% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-568%)	-6.6% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-155%)	1.7% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-86%)	-6.1% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-151%)	1.7% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-86%)	0.2% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-98%)	0.3% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-97%)	0.8% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-93%)	-0.8% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-107%)	-2.9% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-124%)	-1.6% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-113%)	6.1% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-49%)	1.5% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-88%)	2.8% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-76%)	5.6% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-53%)	9.4% Caution Caution Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-21%)	9.4% Caution Caution Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-22%)	—
Effective Tax Rate (%) (%)	1.2% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-6.3% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-33.6% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-3.7% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-105.7% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	-7.1% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—	—	—	—	—	—	—	—	—
Profit Margin (%) (%)	-65.5% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-919%)	-13.2% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-265%)	-3.0% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-138%)	-8.4% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-205%)	-0.2% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-103%)	-7.6% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-196%)	-4.0% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-150%)	-2.4% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-130%)	-1.1% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-114%)	-4.1% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-152%)	-17.5% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-319%)	2.2% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-73%)	-1.7% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-122%)	2.1% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-73%)	3.5% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-56%)	17.6% Good Good Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+120%)	8.4% Caution Caution Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+5%)	—
FCF Margin (%) (%)	6.3% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	-1.3% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	10.9% Fair ↑ Fair Improving Free cash flow as a percentage of revenue Optimal: > 10%	-0.4% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	0.1% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	8.0% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	5.9% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	1.6% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	0.2% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	5.2% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	0.6% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	4.0% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	3.9% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	7.3% Caution ↓ Caution Declining Free cash flow as a percentage of revenue Optimal: > 10%	6.1% Caution ↓ Caution Declining Free cash flow as a percentage of revenue Optimal: > 10%	11.4% Fair Fair Free cash flow as a percentage of revenue Optimal: > 10%	19.2% Good Good Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	-0.10x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.10x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-3.58x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.05x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-0.23x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-1.05x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-1.46x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-0.65x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-0.19x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-1.25x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-0.04x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.85x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	-2.22x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	3.40x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	1.74x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.65x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	2.28x Excellent Excellent Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Return on Invested Capital (%)	-96.8% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-6.6% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	2.3% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-6.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	3.2% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	0.2% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	0.2% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	0.5% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-0.6% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-2.8% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-1.4% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	4.5% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	1.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	2.1% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	4.3% Caution ↓ Caution Declining Return earned on debt + equity capital invested Optimal: > 10%	7.5% Fair Fair Return earned on debt + equity capital invested Optimal: > 10%	8.5% Fair Fair Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-60.7% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-4.9% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	1.4% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-4.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	1.3% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	0.1% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	0.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	0.6% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-0.6% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-2.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-1.4% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	4.9% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	1.1% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	2.4% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	4.8% Caution Caution Operating profit relative to total assets Optimal: > 10%	8.2% Fair Fair Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	—	-19.6% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-231%)	-4.7% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-131%)	-13.2% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-188%)	-0.3% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-102%)	-10.2% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-168%)	-5.7% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-138%)	-3.5% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-124%)	-1.1% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-107%)	-6.0% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-140%)	-24.5% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-264%)	2.5% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-84%)	-1.9% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-113%)	2.3% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-85%)	4.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-73%)	21.1% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+40%)	9.6% Caution Caution Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-36%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Debt to Equity (x)	2.61x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+273%)	0.58x Good → Good Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-17%)	0.50x Good ↓ Good Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-29%)	0.65x Fair → Fair Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-7%)	0.58x Good ↓ Good Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-17%)	0.63x Fair ↑ Fair Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-11%)	0.66x Fair ↑ Fair Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-6%)	0.73x Fair ↑ Fair Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: At sector avg	0.11x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-84%)	0.19x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-73%)	0.24x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-65%)	0.22x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-68%)	0.26x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-63%)	0.12x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-82%)	0.17x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-76%)	0.20x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-71%)	—	—
Interest Coverage (x)	-13.49x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-1.94x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	0.50x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-3.00x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	1.31x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	0.05x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	0.07x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	0.20x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-0.89x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-4.67x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-2.01x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	6.68x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	1.61x Caution ↓ Caution Declining Operating income divided by interest expense Optimal: > 5x	5.42x Good ↓ Good Declining Operating income divided by interest expense Optimal: > 5x	8.08x Good ↓ Good Declining Operating income divided by interest expense Optimal: > 5x	15.09x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	29.08x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$27.26M	$32.85M	$32.28M	$42.32M	$40.51M	$39.69M	$45.48M	$52.62M	$3.79M	$8.25M	$12.16M	$7.32M	$-1.02M	$-7.73M	$-1.62M	$-1.70M	$-16.59M	$-13.70M
Debt / EBITDA (x)	-0.77x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-8.24x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	10.86x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-8.54x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	12.56x Weak ↓ Weak Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	22.40x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	22.77x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	17.84x Weak ↓ Weak Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	13.17x Weak ↓ Weak Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-9.45x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	590.62x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.73x Fair ↓ Fair Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	8.73x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.76x Good ↑ Good Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.57x Good Good Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.58x Good Good Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Revenue per Share (USD)	$1.95	$2.16	$2.65	$2.74	$2.95	$2.64	$3.07	$3.31	$2.23	$3.06	$3.23	$3.38	$3.46	$3.86	$3.83	$3.73	$2.89	—
Basic EPS, GAAP (USD)	$-1.28	$-0.28	$-0.08	$-0.23	$-0.01	—	$-0.12	$-0.08	$-0.02	$-0.13	$-0.57	$0.07	$-0.06	$0.08	$0.13	$0.66	$0.24	—
Free Cash Flow per Share (USD)	$0.12	$-0.03	$0.29	$-0.01	$0.00	$0.21	$0.18	$0.05	$0.00	$0.16	$0.02	$0.14	$0.13	$0.28	$0.23	$0.42	$0.56	—
Book Value per Share (USD)	$0.31	$1.44	$1.68	$1.72	$2.03	$1.95	$2.14	$2.21	$2.31	$2.10	$2.28	$2.93	$2.99	$3.55	$3.35	$3.19	$2.54	—
Tangible Book Value per Share (USD)	$-0.08	$-0.09	$-0.00	$-0.12	$-0.04	$-0.38	$-0.37	$-0.54	$1.27	$0.99	$1.10	$1.71	$1.83	$2.32	$2.15	$2.01	$2.54	—
Basic Weighted Avg Shares (shares)	44.39M	43.54M	42.42M	41.41M	40.34M	38.64M	37.81M	36.45M	34.75M	34.21M	33.59M	32.17M	30.38M	28.80M	28.45M	28.97M	29.65M	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Working Capital (USD)	$26.27M	$-9.84M	$22.50M	$27.88M	$36.27M	$30.65M	$28.26M	$32.34M	$33.49M	$30.87M	$31.14M	$38.96M	$44.66M	$49.07M	$48.00M	$47.27M	—	—
LT Debt (USD)	$35.87M	$36.96M	$36.56M	$46.82M	$48.33M	$48.01M	$53.82M	$60.80M	$8.98M	$13.85M	$18.90M	$21.45M	$24.75M	$12.95M	$16.30M	$18.01M	—	—
Total Equity (USD)	$13.73M	$63.34M	$73.07M	$72.22M	$83.40M	$76.68M	$81.69M	$82.72M	$80.90M	$72.20M	$77.60M	$95.47M	$94.48M	$104.21M	$95.50M	$90.25M	$75.26M	$66.72M

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Sales/Revenue/Turnover (USD)	$86.55M	$94.14M	$112.25M	$113.33M	$118.90M	$102.10M	$116.18M	$120.77M	$77.41M	$104.52M	$108.66M	$108.66M	$105.17M	$111.17M	$108.86M	$108.18M	$85.77M	—
Depreciation Expense (USD)	$1.74M	$1.73M	$1.47M	$1.45M	$1.78M	$1.92M	$1.99M	$2.42M	$1.32M	$1.53M	$1.75M	$1.25M	$1.30M	$4.21M	$4.33M	$1.20M	$1.20M	—
Net Income, GAAP (USD)	$-56.70M	$-12.40M	$-3.42M	$-9.52M	$-288.00K	$-7.81M	$-4.69M	$-2.92M	$-865.00K	$-4.31M	$-19.04M	$2.35M	$-1.83M	$2.37M	$3.81M	$19.02M	$7.23M	—
Operating Cash Flow (USD)	$6.73M	$1.44M	$14.03M	$1.15M	$1.26M	$9.33M	$8.04M	$2.88M	$1.06M	$5.38M	$705.00K	$4.35M	$4.06M	$8.06M	$6.65M	$12.29M	$16.51M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 5 days ago 18 years · 68 quarters

HARVARD BIOSCIENCE INC

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