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Artivion, Inc.

AORT

Healthcare · 24.61 -2.3% today

You’ve read what changed. Here’s whether the market is confirming it.

Isolated · not yet confirmedMarket checked 10 Sept, 15:55 GMT-4

Market read

Artivion, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 11 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 16 directly disclosed connections are confirming.

Company-2.3% todayVolume comparison unavailable
Market group0 of 11 activeHealthcare Real Estate · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
  • AORT's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if AORT's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Healthcare · Medical Devices

No new filing conclusion is available. 0 of 11 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 16 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • AORT's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations319
Usable filing statements146
Verified relationships12
Evidence supporting the case
  • Latest annual revenue changed +13.6% year over year.
  • Net margin changed +5.7 percentage points in the latest annual period.
  • Operating cash flow covered net income at 4.08x in the latest annual period.
  • Foreign exchange has repeated favorable evidence across 3 filings.
Evidence challenging the case
  • Operating margin changed -2.4 percentage points in the latest annual period.
  • Diluted shares increased 13.2% in the latest annual period.
  • Credit and interest rates has repeated adverse evidence across 4 filings.
Questions before a position
  • P/E is 141% above the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 64% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 10, 2026

24.61
6m-36.1%12m-43.7%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$298.8M+18.0%$-0.38+3.0%
2022-12-31$313.8M+5.0%$-0.48+2.7%
2023-12-31$354.0M+12.8%$-0.75+1.8%
2024-12-31$388.5M+9.8%$-0.32+2.3%
2025-12-31$441.3M+13.6%$0.21+13.2%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesnegative · 4 filings
Interest expense for the three months ended March 31, 2026 decreased primarily due to lower variable interest rates on our credit facilities and reduced interest expense as a result of the settlement of the Convertible Senior Notes.
10-Q · May 8, 2026
Demand and volumemixed · 4 filings
Seasonality Historically, we believe the demand for most of our aortic stent grafts is seasonal, with a decline in demand generally occurring in the third quarter primarily due to the summer holiday season in Europe.
10-Q · May 8, 2026
Pricing and mixmixed · 4 filings
Gross margin as a percentage of total revenues was positively impacted by a favorable product mix and favorable pricing of certain products and tissues shipped, partially offset by unfavorable costs of certain products shipped during the three months ended Ma…
10-Q · May 8, 2026
Foreign exchangepositive · 3 filings
27 Table of Contents The increase in gross margin for the three months ended March 31, 2026, as compared to the three months ended March 31, 2025, was primarily due to a favorable mix of certain products and tissues shipped, an increase in the average sales p…
10-Q · May 8, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 2.6× · EV/sales 3.0×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

24.61-2.3% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for AORT. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for AORT. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind AORT

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

BAXBaxter International Inc.supplierFeb 18, 2026

We began to manufacture and supply PerClot ® hemostatic powder (“PerClot”) during the second quarter of 2023 (as part of our Transitional Manufacturing and Supply Agreement with Baxter International, Inc.).

ABTAbbott LaboratoriescompetitorMay 8, 2026

On-X heart valves compete primarily with mechanical valves from Abbott Laboratories, Medtronic, plc.

Depended on by

LMATLeMaitre Vascular, Inc.competitorFeb 26, 2026

Notable larger competitors include Abbott; Baxter; Artivion; Becton Dickinson; Edwards Lifesciences; Getinge; LifeNet Health; Terumo; and W.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 15 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

AORT is currently a Early Follower in the organic co-movement group Healthcare Real Estate. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for AORT; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.