SNN financial statements
The full income statement, balance sheet, and cash-flow statement for Smith & Nephew SNATS Inc. (SNN), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 6.16B+6.1% | 5.81B+4.7% | 5.55B+6.4% | 5.21B+0.1% | 5.21B+14.3% | |
| 4.19B+3.6% | 4.05B+5.9% | 3.82B+3.9% | 3.67B+0.2% | 3.67B+16.0% | ||
| Cost of revenue | 1.97B+11.8% | 1.76B+2.0% | 1.73B+12.3% | 1.54B-0.2% | 1.54B+10.5% | |
| Research & development | 296M+2.4% | 289M-14.7% | 339M-1.7% | 345M-3.1% | 356M+16.0% | |
| Operating income | 794M+20.9% | 657M+54.6% | 425M-5.6% | 450M-24.1% | 593M+101.0% | |
| Pre-tax income | 779M+56.4% | 498M+71.7% | 290M+23.4% | 235M-59.9% | 586M+138.2% | |
| Income tax | 154M+79.1% | 86.0M+218.5% | 27.0M+125.0% | 12.0M-80.6% | 62.0M+130.7% | |
| Net income | 625M+51.7% | 412M+56.7% | 263M+17.9% | 223M-57.4% | 524M+17.0% | |
| $1.43+52.3% | $0.94+56.1% | $0.60+18.0% | $0.51-57.3% | $1.19+16.6% | ||
| EPS (basic) | $1.44+52.8% | $0.94+56.3% | $0.60+18.4% | $0.51-57.4% | $1.20+16.6% | |
| Weighted-avg shares (basic) | 434M-0.7% | 437M+0.2% | 436M-0.1% | 436M-0.6% | 439M+0.2% | |
| Weighted-avg shares (diluted) | 437M-0.3% | 438M+0.3% | 437M+0.0% | 437M-0.6% | 439M+0.1% | |
| Dividends per share | $0.75+0.9% | $0.75-0.0% | $0.75-0.0% | $0.75+0.2% | $0.74+0.3% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 4.10B-7.2% | 4.42B+9.7% | 4.03B+4.5% | 3.86B-12.8% | 4.42B-5.1% | ||
| Cash & equivalents | 557M-10.0% | 619M+105.0% | 302M-13.7% | 350M-72.8% | 1.28B-26.6% | |
| Accounts receivable | 1.41B+2.3% | 1.38B+6.2% | 1.30B+2.8% | 1.26B+6.8% | 1.18B+6.1% | |
| Inventory | 2.12B-11.3% | 2.39B-0.3% | 2.40B+8.6% | 2.21B+19.6% | 1.84B+9.0% | |
| 10.5B+1.0% | 10.4B+3.7% | 9.99B+0.2% | 9.97B-8.7% | 10.9B-0.8% | ||
| Property, plant & equipment | — | — | — | 1.46B-3.8% | 1.51B+4.4% | |
| Goodwill | 3.11B+2.7% | 3.03B+1.1% | 2.99B-1.3% | 3.03B+1.4% | 2.99B+2.1% | |
| Total non-current assets | 6.35B+7.1% | 5.93B-0.4% | 5.96B-2.5% | 6.11B-5.9% | 6.50B+2.3% | |
| 1.59B+4.2% | 1.53B-32.6% | 2.27B+32.4% | 1.72B-19.5% | 2.13B+26.2% | ||
| Short-term & current debt | 83.0M+4050.0% | 2.00M-99.7% | 710M+539.6% | 111M-74.5% | 435M+55.9% | |
| Total liabilities | 5.17B+1.6% | 5.09B+6.7% | 4.77B+1.3% | 4.71B-12.1% | 5.35B-6.6% | |
| 5.29B+0.5% | 5.26B+0.9% | 5.22B-0.8% | 5.26B-5.5% | 5.57B+5.5% | ||
| Total equity incl. non-controlling | 5.29B+0.5% | 5.26B+0.9% | 5.22B-0.8% | 5.26B-5.5% | 5.57B+5.5% | |
| Shares outstanding (cover) | 439M+0.0% | 439M+0.0% | 439M+0.0% | 439M-0.9% | 443M+0.0% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.28B+30.2% | 987M+62.3% | 608M+29.9% | 468M-46.6% | 877M-6.2% | ||
| Intangible amortization | 239M+3.9% | 230M+4.1% | 221M-3.5% | 229M-3.4% | 237M+1.3% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt issued | 43.0M-95.7% | 1.00B+206.7% | 326M-32.8% | 485M | 0.00-100.0% | |
| Long-term debt repaid | 90.0M-87.2% | 705M+366.9% | 151M-68.1% | 474M+77.5% | 267M-33.3% | |
| Common stock issued | 0.00 | 0.00 | 0.00-100.0% | 1.00M-50.0% | 2.00M+0.0% | |
| Common stock repurchased | 502M | 0.00 | 0.00-100.0% | 158M | 0.00-100.0% | |
| Dividends paid | 330M+0.9% | 327M+0.0% | 327M+0.0% | 327M-0.6% | 329M+0.3% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 28.8B+33.5% | 21.6B-9.9% | 23.9B+0.6% | 23.8B-22.3% | 30.6B-17.9% | |
| P/E | 46.1×-12.0% | 52.4×-51.2% | 107.4×+136.4% | 45.4×-22.3% | 58.5×-29.8% | |
| P/S | 4.7×+25.8% | 3.7×-19.1% | 4.6×+0.5% | 4.6×-22.3% | 5.9×-28.1% | |
| P/B | 5.4×+32.9% | 4.1×-10.0% | 4.6×+6.5% | 4.3×-22.3% | 5.5×-22.1% | |
| Earnings yield | 2.2%+13.6% | 1.9%+105.0% | 0.93%-57.7% | 2.2%+28.7% | 1.7%+42.4% | |
| Dividend yield | 2.3%-24.4% | 3.0%+11.0% | 2.7%-1.4% | 2.8%+29.1% | 2.1%+22.1% | |
| Source filing | 20-F | 20-F | 20-F | 20-F | 20-F |
About this data
Source: SNN’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all SNN filings on SEC EDGAR → Not investment advice.