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Heartflow, Inc. Common Stock (HTFL) 10-Year Financial Performance & Capital Metrics

HTFL • • Industrial / General
HealthcareHealthcare ITMedical Imaging & DiagnosticsCardiac & Neurological Imaging
AboutHeartFlow, Inc., a medical technology company, provides non-invasive solutions for diagnosing and managing coronary artery diseases worldwide. Its HeartFlow Platform uses AI and computational fluid dynamics to creates a personalized 3D model of a patient's heart from a single coronary computed tomography angiography, a specialized type of scan that provides detailed images of the heart's arteries. The company's platform provides insights on blood flow, stenosis, and plaque volume and composition by overcoming the limitations of traditional non-invasive imaging tests. The company was founded in 2007 and is headquartered in Mountain View, California.Show more
  • Revenue $126M +44.3%
  • EBITDA -$53M +18.7%
  • Net Income -$96M -0.8%
  • EPS (Diluted) -1.49 +23.2%
  • Gross Margin 75.07% +12.7%
  • EBITDA Margin -42.2% +43.7%
  • Operating Margin -48.66% +41.8%
  • Net Margin -76.65% +30.2%
  • ROE -
  • ROIC -
  • Debt/Equity -
  • Interest Coverage -2.69 +8.9%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Efficient asset utilization: 1.1x turnover

✗Weaknesses

  • ✗Negative free cash flow

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y-
TTM-

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-

EPS CAGR

10Y-
5Y-
3Y-
TTM-

ROCE

10Y Avg-49.74%
5Y Avg-49.74%
3Y Avg-49.74%
Latest-51.59%

Peer Comparison

Cardiac & Neurological Imaging
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
HTFLHeartflow, Inc. Common Stock3.08B36.12-24.2444.32%-73.71%-44.52%

Profit & Loss

Dec 2023Dec 2024
Sales/Revenue+87.17M125.81M
Revenue Growth %-0.44%
Cost of Goods Sold+29.12M31.36M
COGS % of Revenue0.33%0.25%
Gross Profit+58.05M94.45M
Gross Margin %0.67%0.75%
Gross Profit Growth %-0.63%
Operating Expenses+130.97M155.67M
OpEx % of Revenue1.5%1.24%
Selling, General & Admin95.11M112.15M
SG&A % of Revenue1.09%0.89%
Research & Development35.85M43.52M
R&D % of Revenue0.41%0.35%
Other Operating Expenses00
Operating Income+-72.91M-61.22M
Operating Margin %-0.84%-0.49%
Operating Income Growth %-0.16%
EBITDA+-65.33M-53.09M
EBITDA Margin %-0.75%-0.42%
EBITDA Growth %-0.19%
D&A (Non-Cash Add-back)7.59M8.13M
EBIT-70.41M-73.61M
Net Interest Income+-19.24M-18.7M
Interest Income5.46M4.07M
Interest Expense24.69M22.77M
Other Income/Expense-22.19M-35.15M
Pretax Income+-95.11M-96.37M
Pretax Margin %-1.09%-0.77%
Income Tax+547K53K
Effective Tax Rate %1.01%1%
Net Income+-95.66M-96.43M
Net Margin %-1.1%-0.77%
Net Income Growth %--0.01%
Net Income (Continuing)-95.66M-96.43M
Discontinued Operations00
Minority Interest00
EPS (Diluted)+-1.94-1.49
EPS Growth %-0.23%
EPS (Basic)-1.94-1.49
Diluted Shares Outstanding63.86M63.06M
Basic Shares Outstanding63.86M63.06M
Dividend Payout Ratio--

Balance Sheet

Dec 2023Dec 2024
Total Current Assets+148.45M82.29M
Cash & Short-Term Investments122.77M51.37M
Cash Only122.77M51.37M
Short-Term Investments00
Accounts Receivable22.5M27.09M
Days Sales Outstanding94.278.6
Inventory00
Days Inventory Outstanding--
Other Current Assets598K812K
Total Non-Current Assets+36.6M36.42M
Property, Plant & Equipment22.93M19.96M
Fixed Asset Turnover3.80x6.30x
Goodwill00
Intangible Assets7.95M7.77M
Long-Term Investments00
Other Non-Current Assets5.72M8.69M
Total Assets+185.05M118.7M
Asset Turnover0.47x1.06x
Asset Growth %--0.36%
Total Current Liabilities+32.81M33.6M
Accounts Payable2.89M2.87M
Days Payables Outstanding36.1833.41
Short-Term Debt00
Deferred Revenue (Current)1000K1000K
Other Current Liabilities3.51M2.45M
Current Ratio4.52x2.45x
Quick Ratio4.52x2.45x
Cash Conversion Cycle--
Total Non-Current Liabilities+929.8M944.58M
Long-Term Debt134.01M136.43M
Capital Lease Obligations21.45M18.54M
Deferred Tax Liabilities00
Other Non-Current Liabilities774.34M789.62M
Total Liabilities962.62M978.19M
Total Debt+160.6M160.38M
Net Debt37.83M109.02M
Debt / Equity--
Debt / EBITDA--
Net Debt / EBITDA--
Interest Coverage-2.95x-2.69x
Total Equity+-777.56M-859.48M
Equity Growth %--0.11%
Book Value per Share-12.18-13.63
Total Shareholders' Equity-777.56M-859.48M
Common Stock5K6K
Retained Earnings-874.53M-970.96M
Treasury Stock00
Accumulated OCI-501K-772K
Minority Interest00

Cash Flow

Dec 2023Dec 2024
Cash from Operations+-76.43M-69M
Operating CF Margin %-0.88%-0.55%
Operating CF Growth %-0.1%
Net Income-95.66M-96.43M
Depreciation & Amortization7.59M8.13M
Stock-Based Compensation11.87M10.21M
Deferred Taxes00
Other Non-Cash Items8.3M19.96M
Working Capital Changes-8.54M-10.88M
Change in Receivables-9.35M-3.85M
Change in Inventory00
Change in Payables-623K-327K
Cash from Investing+-6.11M-4.36M
Capital Expenditures-6.11M-4.36M
CapEx % of Revenue0.07%0.03%
Acquisitions--
Investments--
Other Investing00
Cash from Financing+169.32M2.24M
Debt Issued (Net)--
Equity Issued (Net)--
Dividends Paid00
Share Repurchases--
Other Financing589K2.24M
Net Change in Cash--
Free Cash Flow+-82.54M-73.36M
FCF Margin %-0.95%-0.58%
FCF Growth %-0.11%
FCF per Share-1.29-1.16
FCF Conversion (FCF/Net Income)0.80x0.72x
Interest Paid20.8M19.16M
Taxes Paid405K0

Key Ratios

Metric20232024
Gross Margin66.59%75.07%
Net Margin-109.73%-76.65%
Interest Coverage-2.95x-2.69x
FCF Conversion0.80x0.72x
Revenue Growth-44.32%

Frequently Asked Questions

Growth & Financials

Heartflow, Inc. Common Stock (HTFL) reported $153.7M in revenue for fiscal year 2024. This represents a 76% increase from $87.2M in 2023.

Heartflow, Inc. Common Stock (HTFL) grew revenue by 44.3% over the past year. This is strong growth.

Heartflow, Inc. Common Stock (HTFL) reported a net loss of $113.3M for fiscal year 2024.

Dividend & Returns

Heartflow, Inc. Common Stock (HTFL) had negative free cash flow of $70.4M in fiscal year 2024, likely due to heavy capital investments.

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