Penumbra (PEN) FCF Margin (2014 - 2026)
Penumbra (PEN) recorded FCF Margin of 6.44% in Q3 2026, down 5.41 percentage points from 11.85% a year earlier and down 1.91 percentage points from the prior quarter.
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Analysis
Penumbra (PEN) FCF Margin (2014 - 2026) Analysis & Trends
On a TTM basis, Penumbra's FCF Margin came in at 12.84% as of Sep 30, 2026, up 1.39 percentage points year-over-year; for FY2025, it came in at 12.46%, up 0.13 percentage points from FY2024.
- Annual FCF Margin has increased for three straight years, with a five-year change of +22.81 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 12.33% in FY2024 (+4.57 pp), 7.76% in FY2023 (+16.61 pp), -8.85% in FY2022 (-7.29 pp) and -1.56% in FY2021 (+8.79 pp).
- The Q3 2026 figure is the lowest quarterly FCF Margin since Q2 2024.
- On a year-over-year basis, FCF Margin rose in four of the last eight quarters, with an average year-over-year change of +0.74 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 26.00 percentage points in Q2 2023, against a drop of 25.13 percentage points in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 8.34% (Q2 2026), 19.56% (Q1 2026) and 17.66% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 17.41% |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 9.41% |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 24.89% |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 36.44% |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 13.22% |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 18.77% |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 16.89% |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 29.54% |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 11.25% |
| 10 | Penumbra | 12.67 Bn | 10.17 Bn | 280.30 Mn | 6.44% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.44% |
| Jun 30, 2026 | 8.34% |
| Mar 31, 2026 | 19.56% |
| Dec 31, 2025 | 17.66% |
| Sep 30, 2025 | 11.85% |
| Jun 30, 2025 | 8.65% |
| Mar 31, 2025 | 10.95% |
| Dec 31, 2024 | 14.50% |
| Sep 30, 2024 | 16.95% |
| Jun 30, 2024 | 6.04% |
| Mar 31, 2024 | 11.65% |
| Dec 31, 2023 | 11.46% |
| Sep 30, 2023 | 10.15% |
| Jun 30, 2023 | 4.88% |
| Mar 31, 2023 | 3.83% |
| Dec 31, 2022 | -1.01% |
| Sep 30, 2022 | -9.01% |
| Jun 30, 2022 | -21.12% |
| Mar 31, 2022 | -4.65% |
| Dec 31, 2021 | -8.51% |
API Access
Penumbra FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=PEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "PEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=PEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();