LeMaitre Vascular (LMAT) Balance Sheet: Assets & Liabilities

LeMaitre Vascular (LMAT) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), LeMaitre Vascular reported total assets of $615.69M and total liabilities of $222.17M. Shareholders' equity was $393.52M, up 16.7% from $337.29M a year earlier. Total debt stood at $185.59M against $359.12M in cash and short-term investments, a net cash position of $173.53M. That puts debt-to-equity at 0.47, compared with 0.51 a year earlier.

LeMaitre Vascular Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for LeMaitre Vascular, Inc. (LMAT) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	28.24	25.61	24.27	19.13	13.86	26.76	11.79	26.32	19.10
Short-Term Investments	330.88	274.11	80.81	63.56	56.10	0.21	20.90	21.67	22.56
Cash & Short-Term Investments	359.12	299.72	105.07	82.69	69.96	26.98	32.68	47.99	41.66
Accounts Receivable	33.61	30.06	25.06	22.04	19.63	19.55	16.57	15.72	15.00
Inventory	70.42	55.94	52.33	45.28	40.65	45.12	34.63	25.57	21.05
Other Current Assets	5.08	7.48	12.13	6.73	9.65	2.62	8.21	4.74	5.21
Total Current Assets	468.23	402.19	194.60	161.73	139.88	94.26	92.09	94.02	80.31
Non-Current Assets
Property, Plant & Equipment (Net)	42.76	41.57	39.78	33.54	32.13	31.10	30.06	14.10	12.38
Goodwill	65.95	65.95	65.95	65.95	65.95	65.95	39.95	29.87	23.84
Intangible Assets	33.09	35.82	41.71	46.53	52.71	58.91	24.89	13.69	8.23
Other Non-Current Assets	4.91	4.87	3.74	0.99	0.57	0.21	0.26	0.19	0.18
Total Non-Current Assets	147.46	149.63	152.18	148.74	152.92	158.55	96.25	59.07	46.01
Total Assets	615.69	551.82	346.78	310.48	292.80	252.81	188.34	153.09	126.32
Current Liabilities
Accounts Payable	3.65	1.76	3.73	2.90	2.34	2.39	2.60	1.73	1.54
Short-Term Debt	2.94	2.68	2.47	1.89	1.87	2.50	1.76	0.00	0.00
Current Portion of Long-Term Debt	-	-	-	-	-	2.50	-	-	-
Accrued Liabilities	29.41	8.98	23.65	8.75	5.55	15.13	-	-	-
Deferred Revenue	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.55	0.00
Other Current Liabilities	29.73	1.43	9.93	0.57	6.82	0.77	6.94	6.57	4.45
Total Current Liabilities	36.32	30.61	29.88	25.33	21.81	25.15	20.85	19.76	13.19
Non-Current Liabilities
Long-Term Debt	182.65	167.77	16.62	14.71	14.07	35.53	13.96	0.00	0.00
Deferred Tax Liabilities	1.74	0.09	0.11	0.07	0.07	0.13	1.18	0.48	2.18
Other Non-Current Liabilities	1.47	0.26	2.27	1.53	2.70	4.64	4.22	2.61	1.19
Total Non-Current Liabilities	185.85	183.92	19.00	16.95	16.84	55.09	19.35	3.10	3.36
Total Liabilities	222.17	214.53	48.88	42.28	38.65	80.24	40.20	22.85	16.55
Stockholders' Equity
Common Stock	0.24	0.24	0.24	0.24	0.24	0.22	0.22	0.21	0.21
Retained Earnings	184.72	145.09	115.43	97.77	88.13	70.55	57.03	45.83	28.33
Accumulated Other Comprehensive Income	-2.41	-6.18	-4.63	-6.03	-3.44	-1.53	-4.01	-3.90	-2.29
Treasury Stock	17.44	15.62	13.90	13.05	12.40	-	-	-	-
Additional Paid-in Capital	210.97	213.76	186.86	189.27	169.23	103.32	94.90	88.09	83.52
Shares Outstanding	22.77	22.55	22.33	22.09	21.92	-	-	-	-
Total Stockholders' Equity	393.52	337.29	297.90	268.20	254.15	172.57	148.14	130.24	109.77
Total Liabilities & Equity	615.69	551.82	346.78	310.48	292.80	252.81	188.34	153.09	126.32

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About LeMaitre Vascular Balance Sheet

How much debt does LeMaitre Vascular have?

LeMaitre Vascular had total debt of $185.59M as of Dec 31, 2025, against $359.12M in cash and short-term investments. Its debt-to-equity ratio was 0.47. Total debt was $170.45M a year earlier.

What are LeMaitre Vascular's total assets?

LeMaitre Vascular reported total assets of $615.69M as of Dec 31, 2025, up 11.6% from $551.82M a year earlier. Total liabilities were $222.17M.

What is LeMaitre Vascular's shareholders' equity?

LeMaitre Vascular's shareholders' equity was $393.52M as of Dec 31, 2025, or about $17.28 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition