Haemonetics Corporation (HAE) Stock

Haemonetics Corporation (HAE) is a Healthcare stock trading at $106.35 (as of 2026-08-20), with a market capitalization of $4.84B and a trailing P/E of 32.2. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Haemonetics Corporation, a healthcare company, provides medical products and solutions. It operates through three segments: Plasma, Blood Center, and Hospital. The company offers automated plasma collection devices, related disposables, and software, including NexSys PCS and PCS2 plasmapheresis equipment and related disposables and intravenous solutions, as well as integrated information technology platforms for plasma customers to manage their donors, operations, and supply chain; and NexLynk DMS donor management system. It also provides automated blood component and manual whole blood collection systems, such as MCS brand apheresis equipment to collect specific blood components from the donor; disposable whole blood collection and component storage sets; SafeTrace Tx blood bank information system; and BloodTrack blood management software, a suite of blood management and bedside transfusion solutions that combines software with hardware components, as well as an extension of the hospital's blood bank information system. In addition, the company offers hospital products comprising TEG, ClotPro, and HAS hemostasis analyzer systems that provide a comprehensive assessment of a patient's overall hemostasis; TEG Manager software, which connects various TEG analyzers throughout the hospital, providing clinicians remote access to active and historical test results that inform treatment decisions; and Cell Saver Elite +, an autologous blood recovery system for cardiovascular, orthopedic, trauma, transplant, vascular, obstetrical, and gynecological surgeries. It markets and sells its products through direct sales force, independent distributors, and sales representatives. Haemonetics Corporation was founded in 1971 and is headquartered in Boston, Massachusetts.

Understand Haemonetics Corporation: how it makes money

Haemonetics provides medical products and solutions for plasma and blood collection, including automated plasma collection devices, related disposables, and donor management software, plus hospital products, and it makes money by selling these devices, disposables, and software solutions to plasma customers and hospitals.

Haemonetics combines automated collection equipment with related disposables and software platforms for plasma customers, plus hospital offerings, so sales come from a mix of devices, disposables, and IT-enabled solutions across its Plasma, Blood Center, and Hospital segments.

Revenue by segment (latest quarter)
Plasma$0.1B
Blood Ctr$0.1B
Hospital$0.1B

Business quality (Mixed): The company has a straightforward three-segment structure (Plasma, Blood Center, Hospital) and reports both gross margin and operating margin, while its most visible operating measures are concentrated in plasma-related revenue and market-position metrics.

Valuation: At 36× earnings, HAE trades 12% above the Medical Equipment average (32×). Note: one-time items can distort reported P/E.

Bull case

  • Large exposure to Plasma and Hospital: Segment revenue candidates show Hospital at 0.14B and Plasma at 0.13B, making them the biggest parts of the reported segment mix.
  • Plasma-focused market-position indicators: Operational KPIs provided include Plasma DMS Software Market Share United States at 80% and North America Disposables Share of Plasma Revenue at 85%.
  • Strong profitability snapshot in the provided period: For the period ended 2025-12-27, gross margin is 59.7% and operating margin is 19.9%.

Bear case

  • Some organic revenue decline metrics are flagged: Provided operating metrics include Whole Blood Organic Revenue Decline of 6.0 percent, Cell Salvage Organic Revenue Decline of -5.0 percent, and A3C Revenue Decline of 3.0 percent.
  • Key plasma-related share metrics may signal competitive sensitivity: The provided KPIs include Plasma DMS Software Market Share United States at 80% and North America Disposables Share of Plasma Revenue at 85%, which could change if competitive dynamics shift.
  • Revenue mix includes smaller or zeroed product lines: The segment candidate list includes Whole Blood Revenue at 0.0, indicating limited contribution from that specific category in the provided breakdown.
Valuation — source: SEC EDGAR (first-party)
Price$106.35
Market Cap$4.84B
P/E Ratio32.2
EV / EBITDA16.6
Price / Book5.78
Price / Sales3.65
FCF Yield8.0%
DCF Value (model)$4.07
DCF Upside vs Price-96.2%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$1.33B
Net Margin7.3%
Revenue Growth (YoY)-2.0%
EPS Growth (YoY)-38.1%
FCF Growth (YoY)82.8%
Financial Health — source: SEC EDGAR
Altman Z-Score3.03 (safe)
Piotroski F-Score7/9 (strong)
Valuation vs Sector & Industry
Stock P/E32.2
Sector P/E (Healthcare)21.6
Industry P/E (Medical Equipment)32.9
vs Sector48.9%
vs Industry-2.2%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($381.60M)
Institutional Holders Tracked10
Congressional Trades (recent)3
Company
SectorHealthcare
IndustryMedical Equipment
CEOChristopher A. Simon
Employees3,657
CountryUS
IPO Date1991-05-10

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HAE earnings history · HAE institutional & insider holders · HAE KPIs & operating metrics · HAE financials · HAE investor presentations & press releases · HAE SEC filings · HAE peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.