Penumbra, Inc.PEN
NYSE•Healthcare•Medical Devices
Understand cash generation quality and how management allocates capital.
Free cash flow was $73.30M in the latest quarter (106.5% increase YoY). FCF margin is 5.0%. Shares outstanding increased by 1.8% year-over-year, indicating dilution (potentially from stock compensation or capital raises). Free cash flow is the lifeblood of a business — it funds dividends, buybacks, debt reduction, and reinvestment without relying on external capital.
Free cash flow, earnings quality, and capital allocation