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Utah Medical Products's revenue is $40.9 million.

What is Utah Medical Products's revenue?

Utah Medical Products's annual revenue is $40.9M. Zippia's data science team found the following key financial metrics about Utah Medical Products after extensive research and analysis.
  • Utah Medical Products's revenue growth from 2010 to 2024 is 62.82%.
  • Utah Medical Products has 173 employees, and the revenue per employee ratio is $236,433.
  • Utah Medical Products's peak quarterly revenue was $13.6M in 2022(q4).
  • Utah Medical Products peak revenue was $52.3M in 2022.
  • Utah Medical Products annual revenue for 2023 was 50.2M, -3.93% growth from 2022.
  • Utah Medical Products annual revenue for 2024 was 40.9M, -18.56% growth from 2023.

On this page

Most recent quarter revenue
$9.2M (Q4'2024)
Company most recent quarter revenue
Peak revenue
$52.3M (2022)
Company peak revenue
Revenue / employee
$236,434
Company revenue / employee

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Most recent quarter revenue
$9.2M (Q4'2024)
Company most recent quarter revenue
Peak revenue
$52.3M (2022)
Company peak revenue
Revenue / employee
$236,434
Company revenue / employee

Utah Medical Products historical revenue

Utah Medical Products's peak revenue was $52.3M in 2022. The peak quarterly revenue was $13.6M in 2022(q4).

Utah Medical Products's revenue increased from $25.1m in 2010 to $40.9M currently. That's a 62.82% change in annual revenue.

Utah Medical Products annual revenue

$52M
$42M
$31M
$21M
$10M
$0
2019
2020
2021
2022
2023
2024

Utah Medical Products annual revenue over time

Fiscal year / yearUtah Medical Products revenue
2010$25.1M
2011$37.9M
2012$41.6M
2013$40.5M
2014$41.3M
2015$40.2M
2016$39.3M
2017$41.4M
2018$42.0M
2019$46.9M
2020$42.2M
2021$49.1M
2022$52.3M
2023$50.2M
2024$40.9M

How accurately did Utah Medical Products' revenue projections match actual performance?

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Utah Medical Products annual growth

Utah Medical Products saw the greatest revenue growth in 2011, when revenue increased by 50.71%.

Utah Medical Products had the lowest revenue growth in 2020, when revenue changed by -10.08%.

Utah Medical Products annual growth rate over time

YearUtah Medical Products growth
2011
51%
2012
10%
2013
-3%
2014
2%
2015
-3%
2016
-2%
2017
5%
2018
1%
2019
12%
2020
-10%
2021
16%
2022
7%
2023
-4%
2024
-19%

Utah Medical Products quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$14M
$11M
$8M
$5M
$3M
$0
2020
2021
2022
2023
2024

Utah Medical Products quarterly growth rate over time

YearQ1Q2Q3Q4
2011-$10.4M$10.8M$9.9M
2012$11.2M$10.0M$10.5M$9.8M
2013$10.4M$10.0M$10.0M$10.1M
2014$9.8M$10.5M$10.7M$10.2M
2015$10.2M$10.4M$9.9M$9.6M
2016$10.3M$10.5M$9.7M$8.9M
2017$10.3M$10.8M$10.1M$10.2M
2018$10.9M$11.0M$10.4M$9.8M
2019$10.7M$11.8M$12.5M$11.8M
2020$10.9M$8.8M$10.5M$12.0M
2021$11.0M$12.6M$12.6M$12.9M
2022$12.3M$13.4M$13.0M$13.6M
2023$12.5M$12.9M$12.5M$12.3M
2024$11.3M$10.4M$10.0M$9.2M

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Utah Medical Products financial information

CEOKevin Leighton Cornwell
IndustryPharmaceuticals, Biotechnology & Life Sciences
Company TypePublic
Employees Number173
Date Founded1978
HeadquartersMidvale, Utah
Number of Locations1
Revenue$40.9M
Net Income$16,473,000
Gross Proft$24.1M (2024)
PE Ratio26.06
Tax Rate0.2%
Market Capitalization$361.6M
Total Assets$123,874,000
TickerUTMD

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Utah Medical Products competitors

Utah Medical Products's top competitor, Medtronic, earned an annual revenue of $17.0B.

Utah Medical Products's smallest competitor is Osteomed with revenue of $1.4M last year.

Utah Medical Products revenue FAQs

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Zippia gives an in-depth look into the details of Utah Medical Products, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Utah Medical Products. The employee data is based on information from people who have self-reported their past or current employments at Utah Medical Products. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Utah Medical Products. The data presented on this page does not represent the view of Utah Medical Products and its employees or that of Zippia.

Utah Medical Products may also be known as or be related to UTAH MEDICAL PRODUCTS INC, Utah Medical Products, Utah Medical Products Inc and Utah Medical Products, Inc.