Envista Holdings Corp
NVST · Dental Equipment & Supplies · 162.7M shares · +5%/yr ↑ dilution · EDGAR filings ↗
Reference price $30.00 · est. market cap ~$4.9B — last insider sale, 2026-02-10 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C64Envista Holdings — dental-products maker, net loss but cash-generative.
Strengths
- Operating margin 8% (69th pct), free cash flow 79th, strong cash (88th)
Risks
- Net loss (impairments); ROE 1.5% (48th)
- Soft dental-equipment demand; turnaround execution
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Customer concentration~53% of revenue from one customer/distributor — During 2025, 53% of our sales were derived from customers outside the U
- Strong balance sheetStrong balance sheet — $1.2B cash & investments
- China exposureIt is difficult to predict what further trade-related actions governments may take, which may include trade restrictions and additional or increased tariffs and export controls imposed on short notice
- Insider sellingInsider selling — 2 open-market sale(s) by 1 insider(s) (~$290,250, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
54.7%
Operating margin
7.9%
Net margin
1.7%
Return on equity
1.5%
Return on assets
0.8%
ROIC
3.7%
Revenue growth (QoQ)
-6.0%
Debt / equity
0.5×
Net debt / EBITDA
0.7×
Current ratio
2.4×
Free cash flow
$230M
EBITDA
$332M
Tangible book value
$121M
Cash & investments
$1.2B
Stock comp / revenue
1.4%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-25 | Keel Paul A | Tax withheld | 13K | $23.43 |
| 2026-05-19 | Huennekens R Scott | Grant | 13K | — |
| 2026-05-19 | GALLAHUE KIERAN | Grant | 9.3K | — |
| 2026-05-19 | Raskas Daniel | Grant | 9.3K | — |
| 2026-05-19 | TSINGOS CHRISTINE A | Grant | 9.3K | — |
| 2026-05-19 | Carruthers Wendy | Grant | 9.3K | — |
| 2026-05-19 | Jain Vivek | Grant | 9.3K | — |
| 2026-05-19 | Pierce James Andrew | Grant | 9.3K | — |
| 2026-02-25 | Kaabi Faez C | Grant | 14K | — |
| 2026-02-25 | Reis Mischa | Tax withheld | 3.0K | $29.59 |
| 2026-02-25 | Reis Mischa | Grant | 5.9K | — |
| 2026-02-25 | Nance Mark E | Tax withheld | 3.4K | $29.59 |
| 2026-02-25 | Nance Mark E | Grant | 13K | — |
| 2026-02-25 | Keel Paul A | Tax withheld | 12K | $29.59 |
| 2026-02-25 | Keel Paul A | Grant | 49K | — |
| 2026-02-25 | Hammes Eric D. | Tax withheld | 2.0K | $29.59 |
| 2026-02-25 | Hammes Eric D. | Grant | 16K | — |
| 2026-02-25 | Acurio Veronica | Tax withheld | 1.4K | $29.59 |
| 2026-02-25 | Acurio Veronica | Grant | 7.6K | — |
| 2026-02-25 | Nilsson Stefan | Tax withheld | 182 | $29.59 |
| 2026-02-25 | Nilsson Stefan | Grant | 7.6K | — |
| 2026-02-25 | Befidi Robert | Tax withheld | 2.2K | $29.59 |
| 2026-02-25 | Befidi Robert | Grant | 7.6K | — |
| 2026-02-25 | Kaabi Faez C | Tax withheld | 5.0K | $29.59 |
| 2026-02-10 | Reis Mischa | Sell | 5.6K | $30.00 |
| 2026-02-10 | Reis Mischa | Option exercise | 4.0K | $19.04 |
| 2026-02-10 | Reis Mischa | Sell | 4.0K | $30.00 |
| 2026-02-10 | Reis Mischa | Option exercise | 5.6K | $15.97 |
| 2025-11-01 | Keel Paul A | Tax withheld | 54K | $20.35 |
| 2025-08-25 | Nilsson Stefan | Tax withheld | 804 | $21.12 |
| 2025-08-25 | Befidi Robert | Tax withheld | 3.5K | $21.12 |
| 2025-08-25 | Acurio Veronica | Tax withheld | 5.4K | $21.12 |
| 2025-08-25 | Hammes Eric D. | Tax withheld | 7.7K | $21.12 |
| 2025-08-25 | Reis Mischa | Sell | 15K | $21.60 |
| 2025-07-14 | Pierce James Andrew | Grant | 9.2K | — |
| 2025-06-10 | Huennekens R Scott | Grant | 14K | — |
| 2025-06-10 | GALLAHUE KIERAN | Grant | 10K | — |
| 2025-06-10 | Raskas Daniel | Grant | 10K | — |
| 2025-06-10 | Jain Vivek | Grant | 10K | — |
| 2025-06-10 | Carruthers Wendy | Grant | 10K | — |
| 2025-06-10 | TSINGOS CHRISTINE A | Grant | 10K | — |
| 2025-06-10 | Hulit Barbara B. | Grant | 10K | — |
| 2025-05-25 | Keel Paul A | Tax withheld | 13K | $16.72 |
| 2025-02-26 | Reis Mischa | Grant | 8.5K | — |
| 2025-02-25 | Kaabi Faez C | Grant | 9.7K | — |
| 2025-02-25 | Reis Mischa | Tax withheld | 3.8K | $20.66 |
| 2025-02-25 | Keel Paul A | Grant | 66K | — |
| 2025-02-25 | Acurio Veronica | Grant | 10K | — |
| 2025-02-25 | Nilsson Stefan | Grant | 10K | — |
| 2025-02-25 | Befidi Robert | Tax withheld | 1.1K | $20.66 |
| 2025-02-25 | Befidi Robert | Grant | 10K | — |
| 2025-02-25 | Hammes Eric D. | Grant | 16K | — |
| 2025-02-25 | Nance Mark E | Tax withheld | 3.7K | $20.66 |
| 2025-02-25 | Nance Mark E | Grant | 18K | — |
| 2025-02-25 | Kaabi Faez C | Tax withheld | 4.3K | $20.66 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-03 | Exec/director changeExhibits | filing ↗ |
| 2026-05-21 | Shareholder voteExhibits | filing ↗ |
| 2026-05-06 | ResultsReg FDExhibits | filing ↗ |
| 2026-02-05 | ResultsReg FDExhibits | filing ↗ |
| 2025-10-29 | ResultsReg FDExhibits | filing ↗ |
| 2025-10-29 | Reg FDExhibits | filing ↗ |
| 2025-09-17 | Exec/director changeExhibits | filing ↗ |
| 2025-07-31 | ResultsReg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-03 | 2026-05-28 | 0001757073-26-000051 ↗ |
| 8-K | 2026-05-21 | 2026-05-19 | 0001757073-26-000043 ↗ |
| 10-Q | 2026-05-06 | 2026-04-03 | 0001757073-26-000042 ↗ |
| 8-K | 2026-05-06 | 2026-05-06 | 0001757073-26-000040 ↗ |
| 10-K | 2026-02-12 | 2025-12-31 | 0001757073-26-000011 ↗ |
| 8-K | 2026-02-05 | 2026-02-05 | 0001757073-26-000005 ↗ |
| 10-Q | 2025-10-30 | 2025-09-26 | 0001757073-25-000058 ↗ |
| 8-K | 2025-10-29 | 2025-10-29 | 0001757073-25-000055 ↗ |
| 8-K | 2025-10-29 | 2025-10-29 | 0001757073-25-000053 ↗ |
| 8-K | 2025-09-17 | 2025-09-15 | 0001757073-25-000050 ↗ |
| 10-Q | 2025-07-31 | 2025-06-27 | 0001757073-25-000044 ↗ |
| 8-K | 2025-07-31 | 2025-07-31 | 0001757073-25-000042 ↗ |