Skip to main content
Homepage
Full 18-step deep-dive · ~20–30 min · a member feature.
No report run on this ticker yet Only preliminary foundational data below
For AI assistants & researchers — machine-readable summary of this page

What this page is: Delvantic's full research page for Integer Holdings Corporation (ITGR) — AI-driven forensic equity research: mechanical valuation models (DCF, EPV, anchored-PE, scenario) plus three independent AI lenses (Quality / Value / Sentiment). Everything below is rendered server-side; you are not missing content that requires JavaScript. All scores are predictions and research opinions, not financial advice.

Page map (sections in order; each card carries a stable reference-name attribute you can cite):

  • profile-header / price-overview — company profile, live quote, market cap
  • extended-analysisthe core: three AI lens reads with findings, scores, and the analyst memo
  • future-predictions — our forward price-band predictions
  • market-narrative / ai-findings / gpt-critique — narrative context, cross-model findings, and an adversarial critique of our own analysis (near the end of the document)
  • Members-only sections (render as login gates for anonymous readers): price-history, income-trend, key-metrics, financials (statement tables), insider-trading. The analysis above is public; the raw data tables require a free account.

More for machine readers: site briefing at /llms.txt · any ticker resolves at delvantic.com/stock/TICKER · raw inputs are public-company filings and market data (via licensed data feeds); every model, score, lens read, and prediction on this page is Delvantic's own analysis.

Integer Holdings Corporation

ITGR NYSE GICS Category PDF
Healthcare · Medical Devices
Plano, TX 75024, United States integer.net Updated Aug 3, 2:41am
Price
$121.21
Market Cap
$4.1B
Employees
11,000
Beta
0.64
Avg Volume
553,577
CEO
Mr. Payman Khales

Integer Holdings Corporation is one of the largest medical device contract development and manufacturing organizations (CDMOs) in the world. It serves the cardio and vascular, neuromodulation, and cardiac rhythm management markets by providing industry-leading engineering and manufacturing solutions to original equipment manufacturers and medical device companies. As a strategic partner, Integer Holdings Corporation advances customer goals through high-quality products, innovative components, and a commitment to service and quality. The company operates under prominent brands including Greatbatch Medical and Lake Region Medical, focusing on complex medical device components essential for patient care worldwide. It also develops batteries for nonmedical applications in energy, military, and environmental markets. Integer Holdings Corporation plays a vital role in the medical device industry by enabling innovation and production efficiency for OEMs across these specialized sectors. Founded in 1970 and headquartered in Plano, Texas, it maintains strong long-term customer relationships and a diversified portfolio in high-growth medical markets.

Runs with full report
Earnings Schedule
Checked daily · calendar updated Aug 3
No upcoming print on the calendar yet — companies typically confirm a few weeks ahead. Last print was Jun 16, 2026.
EPS surprise history — vs analyst consensus · 4 prints of vendor history
+12.3%
Apr '26
+5.1%
Apr '26
+0.8%
Apr '26
+1.2%
Jun '26
Print date EPS est. EPS actual Revenue est. Revenue actual
Jun 16, 2026 $1.65 $1.67 +1.2%
Apr 30, 2026 $1.19 $1.20 +0.8%
Apr 18, 2026 $0.39 $0.41 +5.1%
Apr 8, 2026 $0.57 $0.64 +12.3%

Green = beat the estimate, red = missed. An earnings print is the fastest way a thesis changes — our designations should be re-read after each one.

Recent SEC Filings
Filed Form Document
Jul 10, 2026 3 View
Jul 10, 2026 4 View
Jul 1, 2026 4 View
Jul 1, 2026 4 View
Jun 26, 2026 8-K View
May 22, 2026 4 View
May 22, 2026 4 View
May 22, 2026 4 View
May 22, 2026 4 View
May 22, 2026 4 View
May 22, 2026 4 View
May 22, 2026 4 View

Filings link to the SEC’s EDGAR system. Annual/quarterly reports (10-K, 10-Q, 20-F) carry the full story; 8-K/6-K current reports are the fastest signal that something material happened.

Price Overview
Last updated: Aug 3, 2026 2:41am (just now)
Current data · timestamped when a report runs
$121.21
Change · Aug 3
+20.35 (+20.18%)
Day Range
$99.52 – $123.50
52-Week Range
$62.00 – $123.50
50-Day MA
$93.80
200-Day MA
$85.02
Volume
2,609,000.00
Share Structure
Outstanding 34,070,093.00
Float 33,459,438.00
Free Float 98.2%
High free float — 98.2% of shares trade freely, ~1.8% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Last updated: Aug 3, 2026 2:41am (just now)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Aug 3, 2026 2:41am (just now)
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
TD Twelve Data statement HEX SEC filing
P/E Ratio (Price per dollar of earnings)
HEX
Stock Price / EPS (Diluted)
41.94
Stock Price: $121.21
EPS (Diluted): 2.89
P/B Ratio (Price vs net asset value)
HEX
Stock Price / Book Value Per Share
2.47
Stock Price: $121.21
Total Equity: $1.75B
Shares: 35,594,000
EV/EBITDA (Total value vs operating profit)
HEX
Enterprise Value / EBITDA
15.01
Market Cap: $4.12B
Total Debt: $1.19B
Cash: $17.16M
EBITDA: $351.93M
Enterprise Value (Takeover price (cap + debt - cash))
HEX
Market Cap + Total Debt - Cash
$5.3B
Market Cap: $4.12B
Total Debt: $1.19B
Cash: $17.16M
Gross Margin (Revenue left after direct costs)
HEX
Gross Profit / Revenue
27.0%
Gross Profit: $500.39M
Revenue: $1.85B
Operating Margin (Revenue left after all operations)
HEX
Operating Income / Revenue
11.9%
Operating Income: $221.26M
Revenue: $1.85B
Net Margin (Revenue left as actual profit)
HEX
Net Income / Revenue
5.5%
Net Income: $102.81M
Revenue: $1.85B
ROE (Profit from shareholder equity)
HEX
Net Income / Total Equity
5.9%
Net Income: $102.81M
Total Equity: $1.75B
ROIC (Profit from all invested capital)
HEX
NOPAT / Invested Capital
6.2%
Operating Income: $221.26M
Tax Rate: 18.0%
Equity: $1.75B
Total Debt: $1.19B
Cash: $17.16M
Current Ratio (Can it pay short-term bills)
HEX
Current Assets / Current Liabilities
3.32
Current Assets: $770.10M
Current Liabilities: $232.04M
Debt/Equity (Leverage — debt vs equity)
HEX
Total Debt / Total Equity
0.68
Short-Term Debt: $0.00
Long-Term Debt: $1.19B
Total Debt: $1.19B
Total Equity: $1.75B
Rev/Share (Top-line per share)
HEX
Revenue / Shares Outstanding
$52.08
Revenue: $1.85B
Shares: 35,594,000
Book Value/Share (Net assets per share)
HEX
(Total Assets - Total Liabilities) / Shares
$49.07
Total Equity: $1.75B
Shares: 35,594,000
FCF/Share (Real cash generated per share)
HEX
(Operating Cash Flow + CapEx) / Shares
$2.95
Operating CF: $196.15M
CapEx: -$91.03M
Shares: 35,594,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
TD
Last Annual Dividend / Stock Price
Last Dividend: $0.00
Stock Price: $121.21
Payout Ratio (Earnings paid out as dividends)
HEX
Dividends Paid / Net Income
Dividends Paid: N/A
Net Income: $102.81M
Dividends paid not available in cash flow statement
Income Statement (Annual)
Last updated: Aug 3, 2026 2:41am (just now)
Metric 2021 2022 2023 2024 2025
Revenue $1.2B $1.4B $1.6B $1.7B $1.9B
Cost of Revenue $884.1M $1.0B $1.2B $1.3B $1.4B
Gross Profit $337.0M $359.0M $418.3M $459.0M $500.4M
Operating Expenses $201.3M $237.7M $251.0M $250.8M $279.1M
Operating Income $135.7M $121.3M $167.3M $208.2M $221.3M
Net Income $96.8M $66.4M $90.7M $119.9M $102.8M
EBITDA $217.1M $213.3M $266.2M $319.3M $351.9M
EPS $2.93 $2.00 $2.72 $3.57 $2.96
EPS (Diluted) $2.91 $1.99 $2.69 $3.36 $2.89
Balance Sheet (Annual)
Last updated: Aug 3, 2026 2:41am (just now)
Metric 2021 2022 2023 2024 2025
Cash & Equivalents $24.3M $23.7M $46.5M $17.2M
Total Current Assets $453.0M $558.3M $617.7M $671.1M $770.1M
Total Assets $2.6B $2.8B $2.9B $3.1B $3.4B
Current Liabilities $159.6M $223.8M $221.0M $227.2M $232.0M
Long-Term Debt $812.9M $907.1M $959.9M $980.2M $1.2B
Total Liabilities $1.2B $1.4B $1.4B $1.5B $1.7B
Total Equity $1.4B $1.4B $1.5B $1.6B $1.7B
Retained Earnings $614.3M $680.7M $771.4M $891.2M $994.1M
Cash Flow (Annual)
Last updated: Aug 3, 2026 2:41am (just now)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow $156.7M $116.4M $180.2M $205.2M $196.1M
Capital Expenditure -$53.5M -$74.7M -$119.9M -$105.4M -$91.0M
Free Cash Flow $103.2M $41.7M $60.3M $99.8M $105.1M
Acquisitions (net) -$218.0M -$126.6M -$43.6M -$138.5M -$178.9M
Net Debt Issued / (Repaid) $818.3M $0 $70.3M $-6,000 $309.8M
Dividends Paid
Stock Buybacks $0 $0 -$50.0M
Net Change in Cash -$31.3M $6.4M $-598,000 $22.9M -$29.4M
Growth Trends (YoY %)
Last updated: Aug 3, 2026 2:41am (just now)
Metric 2022 2023 2024 2025
Revenue Growth +12.7% +16.0% +7.5% +8.0%
Gross Profit Growth +6.5% +16.5% +9.7% +9.0%
Operating Income Growth -10.6% +37.9% +24.4% +6.3%
Net Income Growth -31.4% +36.6% +32.3% -14.3%
EBITDA Growth -1.7% +24.8% +19.9% +10.2%
Industry Benchmarks
Compares ITGR against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Narrative Economics
The story the market is telling about this stock — the intangible X-factor (founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for ITGR — it's generated by the pipeline (market-narrative step).
Claude Reading
Claude Opus reviews the pipeline's raw data + every prior verdict, then writes an independent take.
No AI findings yet for ITGR — they're generated by the pipeline (ai-findings step) when a report is run on this ticker.
GPT Reading
GPT reads the identical raw briefing blind — one of the Big-3 independent readings — and commits to its own verdict.
No GPT reading yet for ITGR — it's generated by the pipeline (gpt-critique step) after the other Big-3 seats, when a report is run on this ticker.
Grok Reading
Grok (xAI) reads the identical raw briefing blind — one of the Big-3 independent readings — and commits to its own verdict.
No Grok reading yet for ITGR — it's generated by the pipeline (grok-critique step) alongside the other Big-3 seats, when a report is run on this ticker.
Advanced Analysis Forensic deep-dive · three lenses
A separate, manually-run forensic pipeline (dilution, earnings quality, liquidity → two scored lenses → the play). Hasn't been run for this ticker yet.
Character & Durability Scorecard
Ten long-horizon business-character traits the Quality / Value / Sentiment lenses don’t break out, scored 1–10.
No scorecard yet for ITGR — the ten traits are scored by the pipeline (ext-scorecard step) when a report is run on this ticker.
Community AI Feedback
No community reviews yet for ITGR. Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
My Notes personal — only you see this
Data via Financial Modeling Prep · Cached for performance · twelvedata
v1.1.501 · 34413680 · 2026-07-31 16:46:48