Smith & Nephew plc (LON:SN)

Smith & Nephew Ratios and Metrics

Market cap in millions GBP. Fiscal year is January - December.

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 6, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Capitalization	9,718	10,513	8,646	9,385	9,647	11,364
Market Cap Growth	-19.14%	21.59%	-7.88%	-2.71%	-15.11%	-14.01%
Enterprise Value	12,011	12,538	11,088	11,628	11,623	12,943
Last Close Price	11.61	12.06	9.42	9.97	9.97	11.30

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 6, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	20.86	22.64	26.27	45.45	52.12	29.37
Forward PE	13.72	15.14	13.18	15.24	15.96	19.09
PS Ratio	2.04	2.30	1.86	2.15	2.23	2.95
PB Ratio	2.48	2.68	2.06	2.29	2.21	2.76
P/TBV Ratio	15.38	10.89	8.97	10.72	11.72	13.03
P/FCF Ratio	15.02	16.61	17.86	66.05	105.67	32.81
P/OCF Ratio	9.59	11.01	10.97	19.66	24.84	17.55
PEG Ratio	1.48	1.05	1.22	1.32	1.83	1.54

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 6, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
EV/Sales Ratio	2.52	2.74	2.39	2.67	2.69	3.36
EV/EBITDA Ratio	10.24	12.63	10.40	12.20	12.18	14.38
EV/EBIT Ratio	15.64	19.24	15.67	19.99	21.28	24.62
EV/FCF Ratio	18.57	19.81	22.91	81.83	127.31	37.37

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 6, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Debt / Equity Ratio	0.73	0.63	0.63	0.59	0.55	0.60
Debt / EBITDA Ratio	2.65	2.40	2.39	2.43	2.38	2.62
Debt / FCF Ratio	4.43	3.91	5.48	17.04	26.11	7.12
Net Debt / Equity Ratio	0.59	0.52	0.51	0.53	0.48	0.37
Net Debt / EBITDA Ratio	2.19	2.07	2.02	2.29	2.19	1.68
Net Debt / FCF Ratio	3.55	3.25	4.46	15.37	22.93	4.37
Asset Turnover	0.58	0.59	0.57	0.56	0.50	0.48
Inventory Turnover	0.87	0.87	0.72	0.72	0.75	0.86
Quick Ratio	1.11	1.17	1.22	0.67	0.89	1.16
Current Ratio	2.14	2.57	2.89	1.78	2.25	2.08
Return on Equity (ROE)	11.85%	11.84%	7.86%	5.02%	4.12%	9.66%
Return on Assets (ROA)	5.16%	5.27%	5.45%	4.64%	3.94%	4.06%
Return on Invested Capital (ROIC)	8.69%	8.78%	9.18%	8.52%	8.11%	8.59%
Return on Capital Employed (ROCE)	10.00%	9.90%	10.00%	9.60%	8.00%	8.10%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 6, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Earnings Yield	4.79%	4.42%	3.81%	2.20%	1.92%	3.40%
FCF Yield	6.66%	6.02%	5.60%	1.51%	0.95%	3.05%
Dividend Yield	2.52%	2.35%	3.03%	2.73%	2.81%	2.14%
Payout Ratio	52.44%	52.80%	79.37%	124.33%	146.64%	62.79%
Buyback Yield / Dilution	1.79%	0.34%	-0.34%	0.11%	0.57%	-0.11%
Total Shareholder Return	4.31%	2.69%	2.68%	2.85%	3.38%	2.03%

Data Source: S&P Global Market Intelligence Last updated: Aug 4, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Nov 7, 2026

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