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Companies / Health Care / LeMaitre Vascular, Inc.
LMAT

LeMaitre Vascular, Inc.

Health CareSurgical & Medical Instruments
Ticker LMATBURLINGTON, MAFiscal year ends DecemberBook value per share $17.15Diluted shares 24.5M

LeMaitre Vascular, Inc. is a global provider of medical devices and human tissue cryopreservation services primarily used in the treatment of peripheral vascular disease, end-stage renal disease, and cardiovascular disease. The company develops, manufactures, and markets vascular devices targeting vascular surgeons… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$249.60MFY2025
+13.5% year over year
Last 12 mo $262.43M
27.21%FY2025
+3.4 percentage points
Last 12 mo 29.46%
$57.73MFY2025
+31.1% year over year
Last 12 mo $65.67M
14.67%FY2025
+1.6 percentage points
Last 12 mo 15.62%
Cash & financing
$81.25MFY2025
+84.1% year over year
Last 12 mo $82.98M
$74.47MFY2025
+100.4% year over year
Last 12 mo $73.83M
0.43FY2025
Was 0.50× a year earlier
Last 12 mo 0.40
22.9MFY2025
+0.7% year over year
Last 12 mo 24.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What LeMaitre Vascular, Inc. does

In the company’s own words

LeMaitre Vascular, Inc. is a global provider of medical devices and human tissue cryopreservation services primarily used in the treatment of peripheral vascular disease, end-stage renal disease, and cardiovascular disease. The company develops, manufactures, and markets vascular devices targeting vascular surgeons and adjacent specialties including cardiac surgeons, general surgeons, and neurosurgeons. Founded in 1983 by vascular surgeon George D. LeMaitre, the company has grown through 25 complementary acquisitions combined with internal research and development.

LeMaitre's diversified portfolio comprises six product categories with twenty-four distinct product types, including biologic patches, vascular grafts, embolectomy catheters, carotid shunts, closure systems, and valve cutters. The company's biologic offerings, representing 53 percent of sales, include XenoSure patches, CardioCel and VascuCel patches, Artegraft bovine carotid arteries, Omniflow II biosynthetic grafts, and RestoreFlow allograft cryopreservation services. No single product type exceeds 20 percent of revenues. The company estimates the worldwide market for peripheral vascular devices exceeds nine billion dollars, with its addressable market approximately one billion dollars.

The company operates through a direct sales force comprising 160 sales representatives and export managers across North America, Europe, and Asia Pacific, generating approximately 95 percent of net sales through direct-to-hospital channels. Headquarters are located in Burlington, Massachusetts, with primary manufacturing facilities there, plus specialized operations in North Brunswick, New Jersey for Artegraft production and Fox River Grove, Illinois for RestoreFlow allograft processing. Additional regional offices span Europe and Asia Pacific.

LeMaitre competes in niche segments under 400 million dollars in annual worldwide revenue, emphasizing differentiated features, consistent quality, and availability. The company's strategy focuses on direct sales force expansion, acquisition of complementary products, and obtaining regulatory approvals in new geographies. The company maintains ISO 13485 certification at its medical device manufacturing facilities and AATB accreditation for tissue processing operations. Visit www.lemaitre.com for additional information.

Company details
Sector
Health Care
Industry (SIC)
Surgical & Medical Instruments
Headquarters
BURLINGTON, MA
Fiscal year end
December
CIK
1158895
SIC
3841

Financial performance, year by year

Fiscal 2013–2025 · USD
$-26.24M$52.49M$131.22M$209.95M$288.68M2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns LeMaitre Vascular, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

308
funds hold it
0 of 35
superinvestors hold it
$1.12B
held by funds, at market
49.7%
of shares held by funds
1
bond issues held by funds

Largest fund holders · LeMaitre Vascular, Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.11%of fund net assets
First Trust SMID Cap Rising Dividend Achievers ETF
SDVY · First Trust Exchange-Traded Fund VI
0.83%of fund net assets
CONESTOGA SMALL CAP FUND
CCASX · Conestoga Funds
4.08%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.07%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

LeMaitre Vascular, Inc.’s bonds, as funds hold them

Funds report holding 1 issues of LeMaitre Vascular, Inc.’s debt, $25.08M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 2.50%, maturing 2030 to 2030.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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