iRhythm Technologies, Inc.IRTC

$104.65+2.86 (+2.81%)
NASDAQHealthcare24:00 UTC

Company snapshot

Market Cap
$3B
Mid-cap
+575%
2016 — today
10-Year Price
+319%
2016 — today
52-Week Range
$101.79$189.25
Current $104.65· 3%

iRhythm Technologies, Inc. is a digital healthcare enterprise dedicated to offering portable electrocardiogram (ECG) monitoring solutions to individuals in the United States who face the risk of cardiac arrhythmias. Its primary offering, the Zio service, provides a comprehensive ambulatory cardiac monitoring system. This system ingeniously combines a wireless, patch-based, and wearable biosensor—specifically embodied in products like the Zio XT and AT monitors—with a sophisticated cloud-based data analysis platform. These single-use biosensors precisely record a patient's heartbeats and ECG data, thereby enabling medical professionals to effectively oversee patient heart health and accurately diagnose arrhythmias. Furthermore, iRhythm maintains a strategic development partnership with Verily Life Sciences LLC, focused on pioneering future atrial fibrillation screening, detection, and monitoring innovations. Founded in 2006, the company maintains its corporate headquarters in San Francisco, California.

Valuation in context

P/E ratio
-121.7
N/A
Not meaningful — company is unprofitable
P/B ratio
21.1
Above average
Pricier than usual over the last 10 years
EV / EBITDA
308.9
Near historic low
Near historic low — last 10 years
FCF Yield
0.6%
Near historic high
Near historic highs — last 10 years
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