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InMode stock: key metrics
INMDInMode had an operating margin of 23% and a return on invested capital (ROIC) of 56.7% in fiscal 2025.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2016 | 75.5% | 2.9% | 1.5% |
| 2017 | 83.1% | 16.7% | 16.5% |
| 2018 | 85.0% | 23.5% | 22.3% |
| 2019 | 87.1% | 38.1% | 39.1% |
| 2020 | 85.0% | 35.3% | 36.4% |
| 2021 | 85.0% | 46.8% | 46.1% |
| 2022 | 83.8% | 43.6% | 35.6% |
| 2023 | 83.6% | 39.8% | 40.2% |
| 2024 | 80.3% | 28.5% | 45.9% |
| 2025 | 78.5% | 23.0% | 25.3% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2016 | 3.8% | 3.7% | 2.0% |
| 2017 | 45.3% | 45.9% | 22.4% |
| 2018 | 51.7% | 57.3% | 27.6% |
| 2019 | 34.7% | 49.5% | 28.0% |
| 2020 | 29.5% | 32.1% | 25.4% |
| 2021 | 39.7% | 47.8% | 34.5% |
| 2022 | 29.1% | 32.1% | 25.1% |
| 2023 | 25.1% | 26.2% | 22.9% |
| 2024 | 25.8% | 132.4% | 23.1% |
| 2025 | 13.7% | 56.7% | 12.2% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 18 Oct 2026)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.