CorMedix Inc.: stock overview

CRMDNASDAQHealthcare · Pharmaceutical Preparations

Price

$4.66

November 13, 2026Market cap $368M

What Ploutos Investor adds for CorMedix

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See the plans
  • The full history: 13 fiscal years, from 2012
  • The estimated fair value, with its range and its certainty
  • The full analysis, 18 a month
  • More questions to the chat on its filings
  • Excel with every year
  • An email when it reports, changes its dividend or an officer buys

Sign in with a free account to see the last 5 fiscal years.

Notes on these figures

  • Earnings per share here are the last twelve months' earnings over today's shares, so they agree with the P/E. The number of shares changed a lot during the year, so they differ from the earnings per share the company filed, which use the year's average number of shares.

In short

CorMedix had revenue of $412M over the last 12 months and net income of $64M, a net margin of 15.5%. Revenue grew by 319.8% a year on average over the last 5 years. At $4.66 the shares trade at a P/E of 5.8. It holds more cash than debt, by $355M. It pays no dividend.

From its SEC filings (latest fiscal year to December 31, 2025) and the price of November 13, 2026.

Its SEC filings
Market cap
$368M
79.05M shares
P/E
5.8
Revenue, 12 months
$412M
+319.8% a year over 5 years
Net margin
15.5%
2025: 52.3%, above 97% of its industry

Worth knowing

What a holder would want to hear from the company's SEC filings of the last three years. Each with its filing, without comment.

3 fiscal years in figures

Each fiscal year's figures as the company filed them, and the share price at its end.

2022–2025 fiscal years

+6,803.3% a year over 2 years

  • 202510-K
    Revenue$312M
  • 202410-K
    Revenue$43M
  • 202210-K
    Revenue$65.4K

Fiscal years in figures

CRMD's revenue, profit, cash flow and dividend with each year-end price, from 2012 to 2021, 10 more fiscal years

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Key figures

The company's current figures in five groups. Each term is explained behind its ⓘ.

Valuation

Market cap 
$368M
Enterprise value 
$13M
P/E 
5.8
EV / EBIT 
0.1
EV / Revenue 
0.0
P/B 
0.8
FCF yield 
83.6%
Earnings yield 
17.3%

Profitability

Gross margin 
77.5%
Operating margin 
38.6%
Net margin 
15.5%
ROIC 
27.3%
ROIC, 5-year average 
-24.2%
ROE 
14.9%

Growth

Revenue, yearly change 
+617.0%
EPS, yearly change 
–
FCF, yearly change 
–
Revenue, average a year 
+319.8%

The yearly change compares FY2025 with FY2024.

Balance sheet

Cash 
$355M
Total debt 
$144.6K
Net cash 
$355M
Net debt / EBITDA 
-2.2x
Interest cover 
57.2x
Current ratio 
2.43

Balance sheet of September 30, 2026.

Returns to shareholders

Dividend yield 
0.00%
Buybacks 
–
Total returned 
0.00%
Shares, yearly change 
+21.3%
Valuation against its own pastEach fiscal year's P/E, P/FCF and P/B beside today's, and the DCF calculator for the company.Valuation

Against its industry

Where its margins and returns stood in fiscal 2025 among the SEC filers of its industry (SIC code 28).

Gross margin

88.5%

Above 98% of the 141 companies in its industry, and 99% of all.

Operating margin

48.2%

Above 99% of the 285 companies in its industry, and 98% of all.

Net margin

52.3%

Above 97% of the 302 companies in its industry, and 98% of all.

ROE

40.2%

Above 94% of the 267 companies in its industry, and 95% of all.

ROA

19.7%

Above 92% of the 313 companies in its industry, and 97% of all.

Revenue growth

617.0%

Above 99% of the 292 companies in its industry, and 100% of all.

From the yearly figures every company files with the SEC, for those with revenue of at least $25 million. The industry is the first two digits of the SIC code.

The company at the SEC

How it is registered and when its fiscal year ends.

Name at the SEC
CorMedix Inc.
Exchange
NASDAQ
Industry (SIC)
2834 · Pharmaceutical Preparations
Fiscal year ends
December 31
Latest annual report
December 31, 2025
Reporting currency
USD
Shares
79.05M

Other companies: Healthcare

The largest companies of the same sector, each with its own page.

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The full analysis

What do CorMedix's filings show?

These are CorMedix's figures. The full Ploutos AI analysis reads everything the company has filed and shows what stands behind it, with a source for every figure.

  • A fair value range built from the filings
  • Earnings quality, debt and red flags
  • Insider and institutional moves
  • The case for and the case against

Questions about CRMD

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What is CRMD's market cap?

CorMedix Inc.'s market cap is $368M, at a price of $4.66 on November 13, 2026 and 79.05M shares.

What is CRMD's P/E?

CRMD's P/E is 5.8, on earnings per share of $0.81 over the last 12 months.

How much revenue does CRMD have?

CorMedix had revenue of $412M over the last 12 months. Over the last 5 years it changed by +319.8% a year on average.

Does CRMD pay a dividend?

No. CorMedix paid no regular dividend over the last 12 months.

Where do the figures come from?

From CorMedix Inc.'s SEC filings (10-K and 10-Q) and the share price. They hold no analyst estimates and no score, and they are not a recommendation.

Related pages

The other pages on US stocks, free to read. On the company pages, the last three fiscal years are open to everyone, five with a free account, and every year with Ploutos Investor.

The figures come from the company's SEC filings and the share price, and describe what it has reported. They are not a score or a fair value.