Insulet Corp. (PODD) intrinsic value & 10-year financials
Insulet Corp. (PODD) has a Graham intrinsic value of $115.59 per share. At $141.10 on Oct 17, 2026, the stock trades 22% above that value. Over the last 10 fiscal years revenue grew 24.9% a year to $2.7B, with an average return on invested capital of 7.7%.
- Graham intrinsic value
- $115.59
- Share price (Oct 17, 2026)
- $141.10
- Price vs Graham value
- 22% above
- Market cap
- $10.1B
- Revenue (FY2025)
- $2.7B
- Revenue growth (10-yr CAGR)
- 24.9%
- ROIC (10-yr avg)
- 7.7%
- Free cash flow (FY2025)
- $377.7M
PODD 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $2.7B | $247.1M | $3.48 | $377.7M | 17.5% | 20.4% |
| FY2024 | $2.1B | $418.3M | $5.78 | $305.4M | 14.9% | 20.0% |
| FY2023 | $1.7B | $206.3M | $2.94 | $70.1M | 13.0% | 16.1% |
| FY2022 | $1.1B | $4.6M | $0.07 | -$3.9M | 3.6% | 1.7% |
| FY2021 | $1.1B | $16.8M | $0.24 | -$180.0M | 11.5% | 11.5% |
| FY2020 | $904.4M | $6.8M | $0.10 | -$45.0M | 5.7% | 4.7% |
| FY2019 | $738.2M | $11.6M | $0.19 | -$65.3M | 6.8% | 5.5% |
| FY2018 | $563.8M | $3.3M | $0.05 | -$126.5M | 4.9% | 3.0% |
| FY2017 | $463.8M | -$26.8M | -$0.46 | -$36.0M | -1.6% | -2.1% |
| FY2016 | $367.0M | -$28.9M | -$0.48 | -$6.2M | -2.9% | -4.1% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Insulet Corporation is a consistent compounder, expanding top-line revenue at 24.9% annually over the past decade.
Insulet Corporation has historically struggled to out-earn its cost of capital, averaging just 7.7% ROIC.
Insulet Corporation has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Insulet Corporation is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $115.59 per share.