Omnicell, Inc. (OMCL) Stock

Omnicell, Inc. (OMCL) is a Technology stock trading at $35.48 (as of 2026-08-20), with a market capitalization of $1.61B and a trailing P/E of 104.5. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Omnicell, together with its subsidiaries, provides automated medication and supply management and adherence-related tools for healthcare facilities, hospitals, pharmacies, and related organizations in the United States and internationally. Its offerings include point-of-care dispensing systems, central pharmacy automation, interface and integration software, and supporting inventory and workflow management capabilities.

Understand Omnicell, Inc.: how it makes money

Omnicell provides medication management solutions for healthcare systems and pharmacies, including automated dispensing hardware and related interface and integration software, and it makes money from product sales plus service and advanced services sold alongside its installed base.

Profit stability is linked to having both product revenue tied to XT Series installations and a recurring service stream reflected in Annual Recurring Revenue.

Revenue by segment (latest quarter)
Product$0.2B
Service$0.1B

Business quality (Weak): The available data points to a two-part model (products plus services) with recurring revenue and retention measures, but the segment breakdown is based on GAAP product and service revenue only, and peer context is not provided.

Valuation: At 91× earnings, OMCL trades 187% above the Tech Hardware average (32×). Note: one-time items can distort reported P/E.

Bull case

  • Recurring economics: Annual Recurring Revenue is provided as an operating metric (0.64 USD_B), which suggests the installed base supports ongoing revenue beyond one-time equipment purchases.
  • Retention and installed base longevity indicators: Customer Retention is listed as a key metric (99.0 percent), and the Point of Care Installed Base XT Series Replacement Cycle is provided (55.0 percent), both pointing to ongoing customer and equipment usage.
  • Service mix supports resilience: Service revenue is meaningful versus product revenue in the latest quarter, with Product Revenue (GAAP) at 0.17 B and Service Revenue (GAAP) at 0.14 B.

Bear case

  • Dependence on ongoing service delivery: Because the company combines product sales with a recurring service component (captured by Annual Recurring Revenue), any slowdown in retention or renewal dynamics could pressure the recurring stream.
  • Customer concentration risk: The company discloses Long-Term Sole Source Partnerships (Top 300) at 152 (count) and Health System Partners at 151 (count), which may imply a degree of concentration in a finite partner set.
  • Margins could be pressured: Operating margin is shown at 5.4 percent (with gross margin at 45.3 percent), so operating costs relative to revenue are a key sensitivity area if revenue mix or service economics change.
Valuation — source: SEC EDGAR (first-party)
Price$35.48
Market Cap$1.61B
P/E Ratio104.5
EV / EBITDA13.3
Price / Book1.28
Price / Sales1.37
FCF Yield10.3%
DCF Value (model)$5.57
DCF Upside vs Price-84.3%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$1.18B
Net Margin0.2%
Revenue Growth (YoY)6.5%
EPS Growth (YoY)-85.2%
FCF Growth (YoY)-42.6%
Financial Health — source: SEC EDGAR
Altman Z-Score2.31 (grey)
Valuation vs Sector & Industry
Stock P/E104.5
Sector P/E (Technology)33.9
Industry P/E (Computers)32.1
vs Sector208.1%
vs Industry225.8%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($251.55M)
Institutional Holders Tracked10
Congressional Trades (recent)1
Company
SectorTechnology
IndustryComputers
CEORandall A. Lipps
Employees3,620
CountryUS
IPO Date2001-08-09

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OMCL earnings history · OMCL institutional & insider holders · OMCL KPIs & operating metrics · OMCL financials · OMCL investor presentations & press releases · OMCL SEC filings · OMCL 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.