Recent News
On August 6, 2025 the company announced multi-year contracts for explosives and chemical trace detection deployments across airports and defense customers, collectively exceeding $27 million. On August 12, 2025 the Board approved a quarterly cash dividend of $0.05 per share payable October 3, 2025 to holders of record as of September 23, 2025. On September 2–3, 2025 Bruker commenced and priced a public offering of $600.0 million of mandatory convertible preferred stock (6.375%), with expected net proceeds intended to repay portions of the company’s term loans and revolving borrowings.
Technical Analysis
ADX sits at 27.13, indicating a strong trend environment that gives technical signals more weight for near-term price behavior; strength reads above an emerging threshold without implying direction by itself.
DI+ shows a peak-and-reverse pattern, a bearish directional shift, while DI- trends lower, which signals bullish pressure from decreasing downside dominance; this split suggests recent directional leadership lost momentum but downside conviction fell as well.
MACD equals 1.01 and climbs above its signal (0.62); the MACD trend qualifies as a bullish momentum cross and favors positive short-term momentum continuation into the coming weeks.
MRO registers 8.67 on an increasing trend. Because the MRO sits positive, price sits above WMDST’s target and faces potential mean reversion pressure toward valuation anchors despite current upside momentum.
RSI at 52.79 and rising places momentum in neutral-to-positive territory rather than overbought; the rising RSI aligns with MACD’s bullish cross and supports continued short-term upside pressure.
Price closed at $38.11 above the 12‑day EMA ($36.22), the 20‑day average ($36.12) and the 50‑day average ($33.53), while remaining below the 200‑day average ($41.41). Short‑term moving averages trending up and the super trend support at $33.94 create a tactical bias toward higher intramonth levels, while the longer-term trend still holds resistance above.
Volume presently lags short‑ and medium‑term averages (today’s volume ~1.62M versus a 10‑day average ~3.25M and 50‑day ~3.93M), which suggests lower conviction behind the current price push and increases the chance that any move may stall without heavier participation.
Fundamental Analysis
Profitability: EBIT equals $16,200,000 and EBIT margin registers 2.03%, well below the industry peer mean of 19.35% and median of 19.47%, reflecting compressed operating profitability relative to peers. Operating margin equals 3.30% and gross margin equals 44.88%, showing reasonable gross economics but thin conversion into operating profit.
Top line and earnings: Total revenue equals $797,400,000 with revenue growth year-over-year at −104.56% and quarterly revenue change at −97.26% (both expressed as percentages), while YoY earnings growth reads 27.91% and QoQ earnings growth reads 42.95%. Reported EPS equaled $0.32 versus an estimate of $0.42, producing an EPS surprise of −23.81%.
Cash flow and liquidity: Operating cash flow totaled −$127,500,000 and free cash flow equaled −$148,800,000, producing a free cash flow yield of −2.64%. Cash and short‑term investments stand at $92,000,000 while net debt equals $2,343,300,000, producing material net leverage alongside negative cash conversion into free cash flow.
Leverage and coverage: Total debt equals $2,435,300,000, debt-to-equity runs ~135.0%, and debt-to-EBITDA sits near 33.68x. Interest coverage registers ~1.03x, indicating constrained coverage and sensitivity to operating volatility.
Working capital and efficiency: The cash conversion cycle equals 266.13 days versus an industry peer mean of 129.59 days, indicating extended cash tied up in working capital. Asset turnover registers 0.13 versus an industry peer mean of 0.1177, which shows modest asset efficiency but not enough to offset working capital strain.
Valuation: Trailing P/E measures ~815.12x while forward P/E sits near 59.59x; price-to-book equals 3.13x. WMDST values the stock as over-valued, driven by elevated multiples, negative free cash flow, elevated leverage and weak cash generation despite pockets of revenue and gross-margin strength.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-06-30 |
| REPORT DATE: | 2025-08-04 |
| NEXT REPORT DATE: | 2025-11-05 |
| CASH FLOW | Begin Period Cash Flow | $ 187.7 M |
| Operating Cash Flow | $ -127.50 M | |
| Capital Expenditures | $ -21.30 M | |
| Change In Working Capital | $ -160.30 M | |
| Dividends Paid | $ -7.60 M | |
| Cash Flow Delta | $ -91.50 M | |
| End Period Cash Flow | $ 96.2 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 797.4 M | |
| Forward Revenue | $ 2.7 B | |
| COSTS | ||
| Cost Of Revenue | $ 439.5 M | |
| Depreciation | $ 56.1 M | |
| Depreciation and Amortization | $ 56.1 M | |
| Research and Development | $ 100.2 M | |
| Total Operating Expenses | $ 771.1 M | |
| PROFITABILITY | ||
| Gross Profit | $ 357.9 M | |
| EBITDA | $ 72.3 M | |
| EBIT | $ 16.2 M | |
| Operating Income | $ 26.3 M | |
| Interest Income | $ 2.9 M | |
| Interest Expense | $ 15.7 M | |
| Net Interest Income | $ -12.80 M | |
| Income Before Tax | $ 500.0 K | |
| Tax Provision | $ -3.10 M | |
| Tax Rate | 21.0 % | |
| Net Income | $ 7.6 M | |
| Net Income From Continuing Operations | $ 4.2 M | |
| EARNINGS | ||
| EPS Estimate | $ 0.42 | |
| EPS Actual | $ 0.32 | |
| EPS Difference | $ -0.10 | |
| EPS Surprise | -23.81 % | |
| Forward EPS | $ 0.68 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 6.3 B | |
| Intangible Assets | $ 2.6 B | |
| Net Tangible Assets | $ -814.80 M | |
| Total Current Assets | $ 2.2 B | |
| Cash and Short-Term Investments | $ 92.0 M | |
| Cash | $ 92.0 M | |
| Net Receivables | $ 522.6 M | |
| Inventory | $ 1.2 B | |
| Long-Term Investments | $ 799.8 M | |
| LIABILITIES | ||
| Accounts Payable | $ 243.0 M | |
| Short-Term Debt | $ 55.7 M | |
| Total Current Liabilities | $ 1.3 B | |
| Net Debt | $ 2.3 B | |
| Total Debt | $ 2.4 B | |
| Total Liabilities | $ 4.5 B | |
| EQUITY | ||
| Total Equity | $ 1.8 B | |
| Retained Earnings | $ 2.4 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 11.89 | |
| Shares Outstanding | 151.716 M | |
| Revenue Per-Share | $ 5.26 | |
| VALUATION | Market Capitalization | $ 5.6 B |
| Enterprise Value | $ 8.0 B | |
| Enterprise Multiple | 110.451 | |
| Enterprise Multiple QoQ | 13.583 % | |
| Enterprise Multiple YoY | -7.547 % | |
| Enterprise Multiple IPRWA | high: 142.585 BRKR: 110.451 median: 72.241 mean: 70.827 low: -148.838 |
|
| EV/R | 10.015 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 3.514 | |
| Asset To Liability | 1.417 | |
| Debt To Capital | 0.574 | |
| Debt To Assets | 0.384 | |
| Debt To Assets QoQ | 7.82 % | |
| Debt To Assets YoY | 8493.512 % | |
| Debt To Assets IPRWA | high: 0.847 BRKR: 0.384 median: 0.348 mean: 0.325 low: 0.051 |
|
| Debt To Equity | 1.35 | |
| Debt To Equity QoQ | 16.052 % | |
| Debt To Equity YoY | 9045.935 % | |
| Debt To Equity IPRWA | high: 1.368 BRKR: 1.35 median: 0.697 mean: 0.658 low: 0.067 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 3.128 | |
| Price To Book QoQ | -14.993 % | |
| Price To Book YoY | -45.533 % | |
| Price To Book IPRWA | high: 8.583 mean: 4.059 median: 3.432 BRKR: 3.128 low: 0.246 |
|
| Price To Earnings (P/E) | 815.119 | |
| Price To Earnings QoQ | 768.202 % | |
| Price To Earnings YoY | 524.571 % | |
| Price To Earnings IPRWA | BRKR: 815.119 high: 111.763 mean: 80.532 median: 79.394 low: -75.925 |
|
| PE/G Ratio | -14.944 | |
| Price To Sales (P/S) | 7.076 | |
| Price To Sales QoQ | -15.188 % | |
| Price To Sales YoY | -44.855 % | |
| Price To Sales IPRWA | high: 37.916 mean: 17.394 median: 15.972 BRKR: 7.076 low: 0.528 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 59.588 | |
| Forward PE/G | -1.092 | |
| Forward P/S | 2.093 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 115.385 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.13 | |
| Asset Turnover Ratio QoQ | -4.827 % | |
| Asset Turnover Ratio YoY | -15.541 % | |
| Asset Turnover Ratio IPRWA | high: 0.184 BRKR: 0.13 mean: 0.118 median: 0.108 low: 0.038 |
|
| Receivables Turnover | 1.504 | |
| Receivables Turnover Ratio QoQ | 3.526 % | |
| Receivables Turnover Ratio YoY | -7.719 % | |
| Receivables Turnover Ratio IPRWA | high: 2.963 BRKR: 1.504 mean: 1.343 median: 1.273 low: 0.962 |
|
| Inventory Turnover | 0.376 | |
| Inventory Turnover Ratio QoQ | 0.237 % | |
| Inventory Turnover Ratio YoY | 1.172 % | |
| Inventory Turnover Ratio IPRWA | high: 2.37 median: 1.196 mean: 1.043 BRKR: 0.376 low: 0.187 |
|
| Days Sales Outstanding (DSO) | 60.673 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 266.13 | |
| Cash Conversion Cycle Days QoQ | 19.43 % | |
| Cash Conversion Cycle Days YoY | -5.195 % | |
| Cash Conversion Cycle Days IPRWA | high: 303.302 BRKR: 266.13 mean: 129.589 median: 107.055 low: 51.486 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 0.978 | |
| CapEx To Revenue | -0.027 | |
| CapEx To Depreciation | -0.38 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 4.2 B | |
| Net Invested Capital | $ 4.2 B | |
| Invested Capital | $ 4.2 B | |
| Net Tangible Assets | $ -814.80 M | |
| Net Working Capital | $ 815.3 M | |
| LIQUIDITY | ||
| Cash Ratio | 0.068 | |
| Current Ratio | 1.605 | |
| Current Ratio QoQ | 2.234 % | |
| Current Ratio YoY | -2.748 % | |
| Current Ratio IPRWA | high: 12.395 mean: 2.253 median: 1.933 BRKR: 1.605 low: 0.756 |
|
| Quick Ratio | 0.701 | |
| Quick Ratio QoQ | -5.261 % | |
| Quick Ratio YoY | -6.423 % | |
| Quick Ratio IPRWA | high: 7.325 mean: 1.746 median: 1.496 low: 0.955 BRKR: 0.701 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 33.683 | |
| Cost Of Debt | 0.545 % | |
| Interest Coverage Ratio | 1.032 | |
| Interest Coverage Ratio QoQ | -64.615 % | |
| Interest Coverage Ratio YoY | -59.091 % | |
| Interest Coverage Ratio IPRWA | high: 33.857 mean: 7.334 median: 5.23 BRKR: 1.032 low: -23.105 |
|
| Operating Cash Flow Ratio | -0.018 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 54.234 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 1.0 | |
| Dividend Payout Ratio | 1.0 | |
| Dividend Rate | $ 0.05 | |
| Dividend Yield | 0.001 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 6.855 % | |
| Revenue Growth | -0.499 % | |
| Revenue Growth QoQ | -97.257 % | |
| Revenue Growth YoY | -104.559 % | |
| Revenue Growth IPRWA | high: 27.38 % mean: 5.102 % median: 4.728 % BRKR: -0.499 % low: -0.773 % |
|
| Earnings Growth | -54.545 % | |
| Earnings Growth QoQ | 42.945 % | |
| Earnings Growth YoY | 2790.567 % | |
| Earnings Growth IPRWA | high: 71.304 % mean: 7.283 % median: 4.078 % BRKR: -54.545 % low: -61.905 % |
|
| MARGINS | ||
| Gross Margin | 44.883 % | |
| Gross Margin QoQ | -8.055 % | |
| Gross Margin YoY | -6.558 % | |
| Gross Margin IPRWA | high: 89.231 % mean: 46.546 % BRKR: 44.883 % median: 40.612 % low: 3.787 % |
|
| EBIT Margin | 2.032 % | |
| EBIT Margin QoQ | -57.374 % | |
| EBIT Margin YoY | -58.916 % | |
| EBIT Margin IPRWA | high: 65.47 % median: 19.467 % mean: 19.349 % BRKR: 2.032 % low: -167.282 % |
|
| Return On Sales (ROS) | 3.298 % | |
| Return On Sales QoQ | -30.816 % | |
| Return On Sales YoY | -33.32 % | |
| Return On Sales IPRWA | high: 40.537 % median: 17.652 % mean: 17.125 % BRKR: 3.298 % low: -167.282 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ -148.80 M | |
| Free Cash Flow Yield | -2.637 % | |
| Free Cash Flow Yield QoQ | -552.316 % | |
| Free Cash Flow Yield YoY | 1051.528 % | |
| Free Cash Flow Yield IPRWA | high: 13.177 % mean: 0.655 % median: 0.637 % BRKR: -2.637 % low: -16.613 % |
|
| Free Cash Growth | -481.538 % | |
| Free Cash Growth QoQ | 545.84 % | |
| Free Cash Growth YoY | -91.941 % | |
| Free Cash Growth IPRWA | high: 98.619 % mean: -28.316 % median: -50.305 % low: -92.068 % BRKR: -481.538 % |
|
| Free Cash To Net Income | -19.579 | |
| Cash Flow Margin | -3.072 % | |
| Cash Flow To Earnings | -3.224 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.03 | |
| Return On Assets (ROA) | 0.124 % | |
| Return On Assets QoQ | -58.108 % | |
| Return On Assets YoY | -15.068 % | |
| Return On Assets IPRWA | high: 3.831 % mean: 1.752 % median: 1.615 % BRKR: 0.124 % low: -14.729 % |
|
| Return On Capital Employed (ROCE) | 0.324 % | |
| Return On Equity (ROE) | 0.004 | |
| Return On Equity QoQ | -56.054 % | |
| Return On Equity YoY | -0.941 % | |
| Return On Equity IPRWA | high: 0.104 mean: 0.036 median: 0.032 BRKR: 0.004 low: -0.217 |
|
| DuPont ROE | 0.42 % | |
| Return On Invested Capital (ROIC) | 0.302 % | |
| Return On Invested Capital QoQ | -52.441 % | |
| Return On Invested Capital YoY | -101.383 % | |
| Return On Invested Capital IPRWA | high: 5.983 % mean: 2.46 % median: 2.332 % BRKR: 0.302 % low: -17.594 % |
|