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Cooper Companies (COO)

Health Care · $12.2B market cap · SEC CIK 0000711404

$63.57 ▼−0.56% on the day close of Nov 10, 2026
38 Screens poorly
ahead of 38% of the S&P 500 · #35 of 59 in Health Care

Next reports on Dec 2, 2026, after the close, with analysts expecting $1.08 in earnings per share.

52-week range $51.01 to $89.83. 29% below its 52-week high and 25% above its low.

The case for COO

The case against

What the score is made of

Each factor is half a curve over reported figures and half a rank among the other Health Care companies (momentum is judged against fixed thresholds only), and the five are blended by weight. The score is where that blend places it in the S&P 500. It describes the last filing and the current price. It is not a forecast.

Valuewhat you pay for the earnings and cash, against the growth you get55
Growthhow fast revenue and earnings are moving, this year and over five69
Profitabilityhow much of the revenue becomes profit, and how much of that is cash57
Momentumhow the price has behaved lately30
Stabilityhow violently it moves, what it owes and what it pays you44

The financials

Revenue growth

Is the business growing? Slowly

Last 12 months+4.7%
Over 5 years+11.0% a year
FY2025 revenue$4.1B (+5%)

Free cash flow

Is it generating real cash? Yes

FY2025 free cash flow$434M
Of revenue11%
Of profit116%

Profit margins

Is profitability improving? Yes, improving

Gross margin66%
Operating margin13%
Net margin, FY24 → FY25 → now10.1% → 9.2% → 13.5%

Debt vs. cash

Is the balance sheet healthy? Mostly, with some debt to carry

Cash$111M
Long-term debt$2.5B
Net debt$2.3B
Years to repay3.1 yrs

Valuation

Is the stock price reasonable? Yes, about fair

P/E21.3×
Fair P/E for its growth21×
P/FCF28.0×
Forward P/E12.7×
EV / EBITDA19.7×

At 21.3× earnings it trades close to the 21× that 8% a year of growth would justify. At 28.0× free cash flow it trades above that same mark.

The financials, five years deep

Pulled from Cooper Companies's XBRL filings on SEC EDGAR. Italic rows are worked out from the others.

FY2025FY2024FY2023FY2022FY2021
Revenue growth
Revenue$4.1B$3.9B$3.6B$3.3B$2.9B
Change on the year+5%+8%+9%+13%—
Free cash flow
Free cash flow$434M$288M$215M$450M$524M
Of revenue11%7%6%14%18%
Profit margins
Gross margin65.5%66.6%65.6%64.7%66.9%
Operating margin16.7%18.1%14.8%15.3%17.3%
Net margin9.2%10.1%8.2%11.7%100.8%
Debt vs. cash
Cash$111M$108M$121M$138M$95.9M
Long-term debt$2.5B$2.5B$2.5B$2.3B$1.4B
Net cash (debt)−$2.3B−$2.4B−$2.4B−$2.2B−$1.3B

What Cooper Companies says it does

OVERVIEW The Cooper Companies, Inc. (Cooper, we or the Company), is a leading global medical device company focused on helping people experience life's beautiful moments. Headquartered in San Ramon, California, Cooper sells products in over 130 countries and positively impacts over fifty million lives each year. Cooper operates through two business segments, CooperVision and CooperSurgical. Our two business segments elevate standards of care with products and services in the fields of vision, fertility and women’s health. For financial information relating to these business segments, refer to Note 12. Business Segment Information in Item 8. Financial Statements and Supplementary Data of this Annual Report. CooperVision is a global manufacturer providing products for contact lens wearers. CooperVision develops, manufactures and markets a broad range of single-use, two-week and monthly contact lenses, featuring advanced materials and…

Risk factors COO lists in its 10-K

Filings

Open COO in the deck

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