Smith & Nephew

SN. · LSE · GBp

989.00 GBpChange from previous close: +0.67%Absolute change: +6.60 GBp

Close · October 2, 2026

At a glance

Revenue growth
+6.09%
2025 vs 2024
Net income growth
+51.70%
2025 vs 2024
Net margin
10.1%
2024: 7.1%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Cash flow · Annual
Item20252024202320222021
Operating cash flow1,285987608468—
Depreciation and amortization574555527548—
Capital expenditure-433-381-427-358—
Investing cash flow-406-569-448-472—
Financing cash flow-955-86.0-200-926—
Dividends paid-330-327-327-327—
Share repurchases-5020.00.0-158—
Debt issued43.01,000326485—
Debt repaid-129-705-151-881—
Effect of exchange rates12.0-15.0-4.0-11.0—
Net change in cash-76.0332-40.0-930—
Free cash flow852606181110—