(ITGR) Integer Holdings - Ratings and Ratios

Integer Holdings Corp (NYSE:ITGR) is a leading medical device outsource manufacturer with a global footprint, operating in the United States, Puerto Rico, Costa Rica, and other international locations. The company is structured into two primary segments: Medical and Non-Medical, each catering to distinct markets and applications.

In the Medical segment, Integer specializes in producing a wide array of devices and components for various medical procedures. This includes products for interventional cardiology, structural heart, heart failure, and peripheral vascular applications, among others. The company is a key supplier of cardiac rhythm management products such as pacemakers, defibrillators, and heart failure therapies. Additionally, it manufactures neuromodulation devices like spinal cord stimulators, which are critical for treating chronic pain and movement disorders.

Integer also provides essential components such as non-rechargeable batteries, feedthroughs, and machined components, which are vital for the functionality and reliability of medical devices. The company’s expertise in power management systems extends beyond medical applications, with solutions tailored for energy, military, and environmental markets.

Outside of its medical focus, Integer serves the Non-Medical segment by offering advanced manufacturing services for industries requiring high-precision components. This includes arthroscopic, laparoscopic, and general surgery devices, as well as orthopedic instruments used in hip, knee, and spine surgeries. The company’s diverse product portfolio underscores its ability to adapt to evolving market demands.

Integer’s customer base includes some of the largest multi-national medical device manufacturers, highlighting its role as a trusted partner in the industry. The company’s long history, dating back to its founding in 1970 as Greatbatch, Inc., reflects its deep expertise and innovation in medical technology. The rebranding to Integer Holdings Corporation in 2016 marked a strategic shift to better align with its expanded capabilities and market focus.

From a financial perspective, Integer Holdings Corp offers an interesting profile for investors. With a market capitalization of approximately $4.65 billion, the company operates with a trailing P/E ratio of 41.64 and a forward P/E