LeMaitre Vascular, Inc.

NasdaqGM:LMAT Stock Report

Market Cap: US$1.9b

LeMaitre Vascular Management

Management criteria checks 4/4

LeMaitre Vascular's CEO is George LeMaitre, appointed in Jun 1992, has a tenure of 34.17 years. total yearly compensation is $3.78M, comprised of 21.3% salary and 78.7% bonuses, including company stock and options. directly owns 6.4% of the company’s shares, worth $120.50M. The average tenure of the management team and the board of directors is 10.1 years and 23.6 years respectively.

Key information

George LeMaitre

Chief executive officer

US$3.8m

Total compensation

CEO salary percentage21.33%
CEO tenure34.2yrs
CEO ownership6.4%
Management average tenure10.1yrs
Board average tenure23.6yrs

Recent management updates

Recent updates

Seeking Alpha Aug 13

LeMaitre Vascular: 31% Drawdown On $0.02 Guidance Cut

Summary LeMaitre Vascular remains a Buy after a 31% pullback, though I have trimmed my price target to $95-$100 for year-end 2027. The Q2 2026 miss was tied to currency, export blockages, and tissue shortages. Not underlying demand. Organic sales grew 10%, and margins hit record highs. Artegraft, now 21% of sales, is LMAT’s largest and fastest-growing product. It is the main factor behind margin expansion and international growth prospects. Valuation reset to 29x forward earnings appears overdone given 11% organic growth guidance, the balance sheet, and expanding biologics mix. Read the full article on Seeking Alpha
Narrative Update Aug 11

LMAT: Future Cash Returns May Support Post Selloff Entry And Premium P/E

LeMaitre Vascular's analyst price target has been revised from $118.75 to $110.00 as analysts factor in a slightly higher discount rate, more moderate revenue growth and profit margin expectations, and a lower assumed future P/E multiple, while also highlighting recent price volatility as an opportunity to reassess the stock's risk and reward profile. Analyst Commentary Recent Street research on LeMaitre Vascular reflects a mix of optimism about long term potential and caution around nearer term execution and valuation.
Analysis Article Aug 07

LeMaitre Vascular, Inc. Just Missed Earnings - But Analysts Have Updated Their Models

One of the biggest stories of last week was how LeMaitre Vascular, Inc. ( NASDAQ:LMAT ) shares plunged 21% in the week...
New Narrative Aug 07

Global Expansion Risks And Supply Constraints Will Shape A Cautious Yet Constructive Outlook

Catalysts About LeMaitre Vascular LeMaitre Vascular develops, manufactures and sells devices and tissues for vascular and cardiac surgery worldwide. What are the underlying business or industry changes driving this perspective?
Analysis Article Jun 20

LeMaitre Vascular (LMAT) Stock Could Be 20.9% Undervalued on Its International Growth Narrative

LeMaitre Vascular (LMAT) is back in focus after recent share price moves, with the stock last closing at US$93.95. Investors are weighing this level against the company’s fundamentals and recent return profile. See our latest analysis for LeMaitre Vascular. Recent momentum in LeMaitre Vascular has been mixed, with a 1-day share price return of 1.89% and a year to date share price return of 17.19%, while the 1-year total shareholder return stands at 15.94% and the 5-year total shareholder...
Narrative Update Jun 11

LMAT: Future Cash Returns May Support Raised 2026 Guidance And Premium P/E

Analysts have lifted their price target on LeMaitre Vascular by $25, citing updated assumptions around the discount rate, long term revenue growth, profit margins, and future P/E as key drivers of their revised view. Analyst Commentary Recent research updates on LeMaitre Vascular show a cluster of price target increases and a neutral initiation, providing a mix of both optimistic and cautious viewpoints on the stock.
Narrative Update May 28

LMAT: Future Cash Returns May Support Raised Earnings Guidance And Premium P/E

LeMaitre Vascular's analyst price target has been updated to $118.75 from $111.22, as analysts factor in revised fair value assumptions, a slightly lower discount rate, modestly adjusted revenue growth expectations, and a higher projected P/E multiple supported by recent research updates from multiple firms. Analyst Commentary Recent research updates show a cluster of higher price targets for LeMaitre Vascular, alongside at least one more neutral stance, giving you a mix of optimistic and cautious views to weigh.
Narrative Update Apr 27

LMAT: Future Cash Returns And Operating Leverage May Sustain Current Premium

Narrative Update on LeMaitre Vascular The updated analyst price target for LeMaitre Vascular moves to $117 from $108. This reflects analysts' focus on recent double digit organic growth, margin expansion, strong cash flow, and better than expected Q4 results with operating leverage.
Narrative Update Apr 13

LMAT: Future Margin Discipline And Cash Returns May Support Current Premium

Narrative Update on LeMaitre Vascular The updated analyst price target for LeMaitre Vascular now reflects a modestly higher fair value estimate of about $111.22. This is supported by Street research that highlights continued double digit organic sales growth, material margin expansion, strong cash flow and operating leverage in the wake of better than expected Q4 results and guidance.
Narrative Update Mar 29

LMAT: Future Cash Returns And Margin Discipline May Sustain Current Premium

Narrative Update Analysts have raised LeMaitre Vascular's price targets by $10 to $12, now in a $105 to $117 range. They cite double digit organic revenue growth, margin expansion, strong cash flow, better than expected Q4 results, and operating leverage.
Narrative Update Mar 14

LMAT: Future Margin Execution And Capital Returns May Support Current Premium

Narrative Update on LeMaitre Vascular Our analyst fair value estimate for LeMaitre Vascular has been lifted from $109.22 to $111.00, reflecting updated price targets from $95 to $105 and from $108 to $117 as analysts point to double digit organic growth, margin expansion, and operating leverage following better than expected Q4 results and guidance. Analyst Commentary Recent price target increases to $105 and $117 signal that bullish analysts are incorporating stronger fundamentals into their models following the latest Q4 print and guidance.
Narrative Update Feb 28

LMAT: Future Margin Gains And Capital Returns May Sustain Current Premium

Analysts have increased their implied fair value estimate for LeMaitre Vascular by about $4 to roughly $109, citing recent price target increases to $105 and $117 that they attribute to double-digit organic sales growth, margin expansion and operating leverage. Analyst Commentary Bullish Takeaways Bullish analysts point to double digit organic sales growth as a key support for their higher fair value views, seeing current revenue trends as consistent with a premium valuation versus slower growing peers.
Analysis Article Feb 06

Here's Why LeMaitre Vascular (NASDAQ:LMAT) Has Caught The Eye Of Investors

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Jan 03

LeMaitre Vascular, Inc.'s (NASDAQ:LMAT) Shares May Have Run Too Fast Too Soon

With a price-to-earnings (or "P/E") ratio of 34.1x LeMaitre Vascular, Inc. ( NASDAQ:LMAT ) may be sending very bearish...
Analysis Article Oct 26

Investors Met With Slowing Returns on Capital At LeMaitre Vascular (NASDAQ:LMAT)

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
Analysis Article Aug 30

Here's Why LeMaitre Vascular (NASDAQ:LMAT) Has Caught The Eye Of Investors

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Aug 06

LeMaitre Vascular, Inc. (NASDAQ:LMAT) Shares Could Be 25% Above Their Intrinsic Value Estimate

Key Insights LeMaitre Vascular's estimated fair value is US$68.59 based on 2 Stage Free Cash Flow to Equity Current...
Analysis Article Jul 18

Is LeMaitre Vascular (NASDAQ:LMAT) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jun 18

Earnings Not Telling The Story For LeMaitre Vascular, Inc. (NASDAQ:LMAT)

LeMaitre Vascular, Inc.'s ( NASDAQ:LMAT ) price-to-earnings (or "P/E") ratio of 40.5x might make it look like a strong...
Analysis Article Apr 24

Should You Be Adding LeMaitre Vascular (NASDAQ:LMAT) To Your Watchlist Today?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Apr 12

Does LeMaitre Vascular (NASDAQ:LMAT) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Mar 31

LeMaitre Vascular (NASDAQ:LMAT) Will Want To Turn Around Its Return Trends

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
Analysis Article Mar 11

LeMaitre Vascular's (NASDAQ:LMAT) Shareholders Will Receive A Bigger Dividend Than Last Year

LeMaitre Vascular, Inc.'s ( NASDAQ:LMAT ) dividend will be increasing from last year's payment of the same period to...
Analysis Article Mar 02

Earnings Update: Here's Why Analysts Just Lifted Their LeMaitre Vascular, Inc. (NASDAQ:LMAT) Price Target To US$105

Shareholders might have noticed that LeMaitre Vascular, Inc. ( NASDAQ:LMAT ) filed its yearly result this time last...
Analysis Article Feb 04

When Should You Buy LeMaitre Vascular, Inc. (NASDAQ:LMAT)?

While LeMaitre Vascular, Inc. ( NASDAQ:LMAT ) might not have the largest market cap around , it received a lot of...
Analysis Article Jan 22

We Ran A Stock Scan For Earnings Growth And LeMaitre Vascular (NASDAQ:LMAT) Passed With Ease

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Seeking Alpha Jan 15

LeMaitre Vascular: Losing Steam

Summary LeMaitre Vascular, Inc. has seen a 65% stock rise over 12 months but trades at high valuations with decelerating growth projections. Q3 results showed strong performance with 46% profit growth and 15.7% revenue increase, driven by grafts, patches, and carotid shunts. The stock has dipped some 15% recently. Buy the dip? An analysis around LeMaitre Vascular follows in the paragraphs below. Read the full article on Seeking Alpha
Analysis Article Jan 09

A Look At The Fair Value Of LeMaitre Vascular, Inc. (NASDAQ:LMAT)

Key Insights LeMaitre Vascular's estimated fair value is US$96.24 based on 2 Stage Free Cash Flow to Equity Current...
Analysis Article Dec 22

LeMaitre Vascular (NASDAQ:LMAT) Has More To Do To Multiply In Value Going Forward

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Nov 24

LeMaitre Vascular, Inc.'s (NASDAQ:LMAT) 26% Price Boost Is Out Of Tune With Earnings

LeMaitre Vascular, Inc. ( NASDAQ:LMAT ) shares have had a really impressive month, gaining 26% after a shaky period...
Seeking Alpha Nov 03

LeMaitre Vascular: The Market Is Catching On To This Dividend Growth Story

Summary LeMaitre continues to expand in the peripheral vascular disease market, with recent revenue gains driven by premium pricing and international growth. Its strong dividend growth of 14.3% this year and double-digit CAGR over the past five years are particularly appealing. With a high-margin, low-competition niche and accelerating geographic expansion, LeMaitre remains well-positioned for sustained growth. Read the full article on Seeking Alpha
Analysis Article Nov 02

LeMaitre Vascular, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

As you might know, LeMaitre Vascular, Inc. ( NASDAQ:LMAT ) just kicked off its latest quarterly results with some very...
Analysis Article Oct 08

Is LeMaitre Vascular, Inc. (NASDAQ:LMAT) Potentially Undervalued?

While LeMaitre Vascular, Inc. ( NASDAQ:LMAT ) might not have the largest market cap around , it saw a double-digit...
Analysis Article Sep 17

Investors Met With Slowing Returns on Capital At LeMaitre Vascular (NASDAQ:LMAT)

To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
User avatar
New Narrative Sep 11

Expanding Market Reach And Calculated Acquisitions Set To Fuel Robust Revenue And Earnings Growth

Expansion in North America and new regulatory approvals in Europe and Asia-Pacific indicate potential revenue growth from increased market share and customer reach.
Analysis Article Sep 04

LeMaitre Vascular, Inc.'s (NASDAQ:LMAT) Price In Tune With Earnings

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 17x, you may...
Analysis Article Aug 22

If EPS Growth Is Important To You, LeMaitre Vascular (NASDAQ:LMAT) Presents An Opportunity

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Seeking Alpha Jul 23

LeMaitre Vascular: A Small Cap With Best-In-Industry Growth

Summary I outline why LeMaitre Vascular is my top choice in the Health Care Equipment industry and one of the best small caps in the sector. LeMaitre has shown incredible revenue and EPS growth since its IPO and also offers a well-supported, fast-growing dividend. Despite a seemingly high valuation, further growth is expected. Read the full article on Seeking Alpha
Analysis Article Jul 12

Is LeMaitre Vascular, Inc. (NASDAQ:LMAT) Worth US$85.0 Based On Its Intrinsic Value?

Key Insights LeMaitre Vascular's estimated fair value is US$70.02 based on 2 Stage Free Cash Flow to Equity Current...
Analysis Article Jun 18

Is There Now An Opportunity In LeMaitre Vascular, Inc. (NASDAQ:LMAT)?

LeMaitre Vascular, Inc. ( NASDAQ:LMAT ), might not be a large cap stock, but it led the NASDAQGM gainers with a...
Analysis Article Jun 05

Return Trends At LeMaitre Vascular (NASDAQ:LMAT) Aren't Appealing

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
Analysis Article May 02

LeMaitre Vascular, Inc.'s (NASDAQ:LMAT) Popularity With Investors Is Clear

With a price-to-earnings (or "P/E") ratio of 49.8x LeMaitre Vascular, Inc. ( NASDAQ:LMAT ) may be sending very bearish...
Analysis Article Apr 04

Is Now The Time To Put LeMaitre Vascular (NASDAQ:LMAT) On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

CEO Compensation Analysis

How has George LeMaitre's remuneration changed compared to LeMaitre Vascular's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

US$66m

Mar 31 2026n/an/a

US$62m

Dec 31 2025US$4mUS$806k

US$58m

Sep 30 2025n/an/a

US$53m

Jun 30 2025n/an/a

US$47m

Mar 31 2025n/an/a

US$45m

Dec 31 2024US$3mUS$622k

US$44m

Sep 30 2024n/an/a

US$41m

Jun 30 2024n/an/a

US$38m

Mar 31 2024n/an/a

US$34m

Dec 31 2023US$2mUS$593k

US$30m

Sep 30 2023n/an/a

US$27m

Jun 30 2023n/an/a

US$25m

Mar 31 2023n/an/a

US$21m

Dec 31 2022US$2mUS$568k

US$21m

Sep 30 2022n/an/a

US$21m

Jun 30 2022n/an/a

US$22m

Mar 31 2022n/an/a

US$27m

Dec 31 2021US$2mUS$473k

US$27m

Sep 30 2021n/an/a

US$28m

Jun 30 2021n/an/a

US$29m

Mar 31 2021n/an/a

US$24m

Dec 31 2020US$1mUS$311k

US$21m

Sep 30 2020n/an/a

US$19m

Jun 30 2020n/an/a

US$16m

Mar 31 2020n/an/a

US$18m

Dec 31 2019US$1mUS$438k

US$18m

Compensation vs Market: George's total compensation ($USD3.78M) is about average for companies of similar size in the US market ($USD5.15M).

Compensation vs Earnings: George's compensation has been consistent with company performance over the past year.


CEO

George LeMaitre (61 yo)

34.2yrs
Tenure
US$3,780,990
Compensation

Mr. George W. LeMaitre has been Chief Executive Officer of Lemaitre Vascular, Inc. since June 1992 and has been its Chairman since 2004. Mr. LeMaitre served as the President of Lemaitre Vascular from June...


Leadership Team

NamePositionTenureCompensationOwnership
George LeMaitre
Chairman & CEO34.2yrsUS$3.78m6.4%
$ 120.5m
David Roberts
President & Director19.1yrsUS$1.27m0.029%
$ 550.4k
Dorian LeBlanc
Chief Financial Officer1.4yrsUS$1.18m0.00088%
$ 16.6k
Trent Kamke
Senior Vice President of Operations21.6yrsUS$959.32k0.016%
$ 308.6k
George LeMaitre
Founder and Chairman of Scientific Advisory Board43.6yrsUS$138.40kno data
Laurie Churchill
Chief Legal Officerless than a yearno datano data
Kimberly Cieslak
Vice President of Marketing23.6yrsno datano data
Daniel Mumford
Senior Director of Human Resources6.6yrsno datano data
Jonathan Ngau
Senior Vice President of Information Technology2.3yrsno datano data
Maik Helmers
Senior Vice President of Sales – Central Europe2.3yrsno datano data
Ryan Connelly
Senior Vice President of Advanced Manufacturing Engineering3.6yrsno datano data
Andrew Hodgkinson
Senior Vice President of Clinical13.6yrsno datano data
10.1yrs
Average Tenure
52.5yo
Average Age

Experienced Management: LMAT's management team is seasoned and experienced (10.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
George LeMaitre
Chairman & CEO34.2yrsUS$3.78m6.4%
$ 120.5m
David Roberts
President & Director25.3yrsUS$1.27m0.029%
$ 550.4k
George LeMaitre
Founder and Chairman of Scientific Advisory Boardno dataUS$138.40kno data
Lawrence Jasinski
Independent Director23.6yrsUS$259.00k0.016%
$ 307.1k
Thomas Naslund
Member of Scientific Advisory Boardno datano datano data
Steven Kagan
Member of Scientific Advisory Boardno datano datano data
Alan Dardik
Member of Scientific Advisory Boardno datano datano data
William Jordan
Member of Scientific Advisory Boardno datano datano data
C. McBee
Member of Scientific Advisory Boardno datano datano data
John O'Connor
Independent Director17.9yrsUS$254.50k0.27%
$ 5.0m
Frank Criado
Member of Advisory Boardno datano datano data
Martha Shadan
Independent Director3.9yrsUS$235.50k0.0063%
$ 118.6k
23.6yrs
Average Tenure
70yo
Average Age

Experienced Board: LMAT's board of directors are seasoned and experienced ( 23.6 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/21 03:25
End of Day Share Price 2026/08/20 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

LeMaitre Vascular, Inc. is covered by 19 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael PetuskyBarrington Research Associates, Inc.
Jan WaldBenchmark Company
Raymond MyersBenchmark Company