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MASIMasimo Corporation
$179.95$9.4B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
MASI logo

Masimo Corporation

MASI
NASDAQ · Medical Instruments
$179.95
At close - Aug 7, 4:00 PM EDT - USD
Market Cap$9.42B
P/E-64.3x
52W High$179.99
Volume-
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q1

Consumer Integration Volatility Strains Core Profitability

Masimo faces a complex transition as it attempts to reconcile its high-margin clinical monitoring business with the lower-margin consumer audio segment, leading to significant earnings volatility and margin compression. While the company has successfully reduc...

GrowthMixed
ProfitabilityStrained
ValuationExpensive
TechnicalsStrong
Explore valuation models
MARKET ACTION

MASI price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

10/12 Beats

EPS beat 10 of last 12 quarters

02

Valuation risk

-295% Peers

P/E is 295% below peer median

03

Market leadership

RS 68 · Avg

Average momentum (RS Rating: 68)

04

Strong Uptrend

Strong Trend

Price > 20DMA > 50DMA > 200DMA

Next CatalystEstimated earnings · Aug 5
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue growth remains inconsistent, evidenced by a 27.10% year-over-year contraction and gross margins that have struggled to recover from a 40.7% low in 2024Q4.

Analyst Consensus-2.2% target
Buy(23 analysts)
14 Buy9 Hold0 Sell

The Bull Case

Upside Catalysts

Innovative medical technology

Masimo develops and manufactures innovative noninvasive patient monitoring technologies and medical devices, positioning it as a leader in healthcare innovation.

Strong earnings growth

Wall Street expects Masimo to deliver $1.41 per share for Q1 2026, representing a 3.68% growth compared to the previous year, indicating strong financial performance.

Acquisition by Danaher

Masimo's acquisition by Danaher is seen as a bullish catalyst, with the deal set to close imminently and likely to drive investor interest and market outperformance.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
MASI+41.25%
S&P 500 (^GSPC)+12.39%
1-Year Return
MASI+28.21%
S&P 500 (^GSPC)+15.77%
3-Year Return
MASI+96.95%
S&P 500 (^GSPC)+85.65%
5-Year Return
MASI-36.81%
S&P 500 (^GSPC)+69.14%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
-64.3x
Forward P/E
32.7x
EV/EBITDA50th %ile
28.0x
FCF YieldCash Flow
2.1%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-64.3x
73.6x
0th· Low
EV/EBITDA
28.0x
30.4x
50th· Fair
Price/FCF
47.6x
62.7x
33rd· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$38.32-78.7%
Base (Fair)$77.78-56.8%
Bull$98.23-45.4%
$38.32 Bear$77.78 Base$98.23 Bull
Current Market Price: $179.95
Trades at a 131.4% premium to Base DCF ($77.78)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$1.53B-27.1% YoY
Net income
-$152M+50.3% YoY
Free cash flow
$198M+36.1% YoY
Operating margin
20.5%+33.2 pts YoY
ROIC (TTM)16.5%
Avg ROIC 5Y-
ROE (TTM)-17.1%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate10/12 (83%)
Revenue Beat Rate9/12 (75%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026Latest
May 5, 2026
$1.43+1.4%
vs $1.41
$400M+0.2%
vs $399M
Q1 2026
Feb 26, 2026
$0.18-87.8%
vs $1.48
$413M+1.1%
vs $408M
Q4 2025
Nov 4, 2025
$1.32+10.9%
vs $1.19
$372M-8.9%
vs $408M
Q3 2025
Aug 5, 2025
$1.33+8.1%
vs $1.23
$371M+0.5%
vs $369M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
04

Compare before deciding

Benchmark MASI against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Masimo Corporation (MASI)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
MASI logoMASIMasimo CorporationCurrent
$179.95$9.42B-64.27-27.1%-9.92%-17.09%—
PODD logoPODDInsulet Corp.
$136.49$9.45B39.2230.73%12.29%26.69%—
HOLX logoHOLXHologic, Inc.
$76.01$16.97B30.531.74%13.18%11.01%—
NVCR logoNVCRNovocure Ltd
$16.25$1.88B-13.328.28%-21.25%-44%—
ITGR logoITGRInteger Holdings Corporation
$126.32$4.29B43.717.57%6.97%7.43%—
ICUI logoICUIICU Medical, Inc.
$163.32$4.08B5555.10-6.38%1.39%1.41%—

Compare MASI vs Peers

Masimo Corporation (MASI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs PODD

Most directly comparable listed peer for MASI.

Scale Benchmark

vs AAPL

Larger-name benchmark to compare MASI against a more recognizable public peer.

Peer Set

Compare Top 5

vs PODD, HOLX, NVCR, ITGR

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

MASI SEC Filings & Documents

Masimo Corporation (MASI) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jun 10, 2026·SEC

Material company update

May 4, 2026·SEC

Material company update

Apr 23, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 27, 2026·SEC

FY 2025

Feb 25, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

May 5, 2026·SEC

FY 2025

Nov 4, 2025·SEC

FY 2025

Aug 5, 2025·SEC

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MASI Frequently Asked Questions

Masimo Corporation (MASI) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Masimo Corporation's revenue?

Masimo Corporation (MASI) reported $1.56B in revenue for fiscal year 2025. This represents a 91576% increase from $1.7M in 1998.

How fast is Masimo Corporation growing?

Masimo Corporation (MASI) saw revenue decline by 27.1% over the past year.

Is MASI profitable?

Yes, Masimo Corporation (MASI) is profitable, generating $76.3M in net income for fiscal year 2025 (-9.9% net margin).

Dividend & Returns
What is MASI's return on equity?

Masimo Corporation (MASI) has a return on equity (ROE) of -17.1%. Negative ROE indicates the company is unprofitable.

What is Masimo Corporation's free cash flow?

Masimo Corporation (MASI) generated $208.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in MASI back in 1998?

Total return calculator · dividends reinvested · 28+ years of data

See returns →