Heartflow, Inc. (HTFL) intrinsic value & 10-year financials
Heartflow, Inc. (HTFL) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 4 fiscal years revenue grew 42.1% a year to $176.0M, with an average return on invested capital of 12.5%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $48.29
- Market cap
- $1.8B
- Revenue (FY2025)
- $176.0M
- Revenue growth (4-yr CAGR)
- 42.1%
- ROIC (10-yr avg)
- 12.5%
- Free cash flow (FY2025)
- -$59.0M
HTFL 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $176.0M | -$116.8M | -$3.17 | -$59.0M | -36.4% | 20.6% |
| FY2024 | $125.8M | -$96.4M | -$2.57 | -$73.4M | -48.7% | 6.9% |
| FY2023 | $87.2M | -$95.7M | -$3.62 | -$82.5M | -83.6% | 9.9% |
| FY2022 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Heartflow, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Heartflow, Inc. returns on capital have been average, hovering around 12.5% ROIC over the decade.
Heartflow, Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Heartflow, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-105.29 per share.