Company Analysis

Embecta Corp. (EMBC)

Nasdaq: EMBC · Surgical & Medical Instruments & Apparatus · Wilmington, DE · filing with the SEC since 2021
Grade5.0
◀ Past 5.2● Present 6.2▶ Future 3.2
1 est.

The grade of Embecta Corp.

Nine metrics read from its own filings, by tense
Headline grade
5.0/10
◀ Past5.230% of the headline
● Present6.240% of the headline
▶ Future3.230% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.2/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
5.5/10

Has it survived what it has been through?

1 warning event since 2021; the latest 2024-11-29.

weight 33% of this tense · 55th percentile among 121 sector filers · read for itself

From the record

Embecta Corp.'s filings since 2021 show 1 warning event: a late-report notice (Form NT 10-K or NT 10-Q, the latest 2024-11-29) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.2/10

What has it actually done, year after year?

-0.1% a year over 6 filed years; profitable in 6 of 6.

weight 45% of this tense · 42nd percentile among 105 sector filers · read for its customers

From the record

Embecta Corp.'s 6 filed years say what it did: revenue went from $1.1 billion in fiscal 2020 to $1.1 billion in fiscal 2025, down 0.1% a year; it rose in 2 of 5 years; the deepest fall was 7% from fiscal 2021 to fiscal 2025; net income was positive in 6 of 6 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-0.1%bottom 13% of its family
  • the share of years revenue rosebottom 8% of its family
  • the share of filed years with a profittop 6% of its family
  • the deepest fall from a revenue peak7.3%top 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
6.8/10

How has it treated the people who own it?

Share count grew 0.8% a year. 35% of cash flow returned. Insiders: 1 sales, 4 purchases.

weight 22% of this tense · 68th percentile among 40 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-09-30, Embecta Corp.'s diluted share count grew about 0.8% a year, and dividends and buybacks returned about 35% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 1 sale and 4 purchases of their own stock on the open market in the year to 2026-09-30, buying about $558 thousand (their Form 4 filings).

What it rests on

  • the share count over the yearstop 22% of its family
  • cash returned against operating cash flowtop 43% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.2/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
5.2/10

Is it financially healthy right now?

Leverage 160%: owes 160¢ per asset dollar.

weight 45% of this tense · 52nd percentile among 120 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-09-30, Embecta Corp.'s shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned about 62 cents per dollar of everything the company owns. Leverage: it owed about 160 cents per dollar of assets, and net share issuance: its share count grew 1.0% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 3% of its family
  • gross profit against assetstop 17% of its family
  • the share count against the year beforetop 30% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.1/10

How strong is its position in its industry?

top 39% of 109 in its family; net margin 8.8%.

weight 33% of this tense · 61st percentile among 109 sector filers · read for its customers

From the record

Embecta Corp.'s standing among 109 graded names in its industry family: revenue of $1.1 billion in fiscal 2025 ranks in the top 18% by size; a net margin of 8.8% ranks in the top 20%; revenue growth of -1.5% a year over the last 3 filed years ranks in the bottom 21% (its annual reports).

What it rests on

  • revenue against the family$1.08Btop 18% of its family
  • net margin8.8%top 20% of its family
  • three-year revenue growth-1.5%bottom 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
8.3/10

What are the people in charge doing?

SI estimate 8.3/10, confidence 35 of 100 (one part).

weight 22% of this tense · 83rd percentile among 108 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the top 17% of 108 in its family; the record of its people begins on 2022-02-10 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 4.8 years and cannot see past it; a floor under five years is not read as years in charge.
What the record cannot read
The record of its people begins on 2022-02-10 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 4.8 years and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
one part: officer and director changes on Form 8-K, against the people in charge, the one part on file, ranked among 108 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Embecta Corp.'s leadership is put at 8.3 of 10 with a confidence of 35 of 100, because read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the top 17% of 108 in its family; the record of its people begins on 2022-02-10 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 4.8 years and cannot see past it; a floor under five years is not read as years in charge. A filing that carries the missing parts replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

3.2/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
3.9/10

How much room does it have to grow?

bottom 39% of 104 in its family for room to expand.

weight 45% of this tense · 39th percentile among 104 sector filers · read for itself

From the record

Embecta Corp.'s room to grow, from the newest filed statements (fiscal 2025): cash of $229 million against debt of $1.4 billion leaves -106.3% of its assets as net cash, bottom 1% of its family; cash from operations less capital spending is 16.9% of revenue (top 13%); a gross margin of 62.6% (top 45%); research spending of 3.5% of revenue (bottom 14%) (its annual report).

What it rests on

  • cash less debt against assets-106.3%bottom 1% of its family
  • cash from operations less capital spending against revenue16.9%top 13% of its family
  • gross margin62.6%top 45% of its family
  • research spending against revenue3.5%bottom 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
2.2/10

What could actually drive growth from here?

bottom 22% of 105 in its family for growth drivers.

weight 33% of this tense · 22nd percentile among 105 sector filers · read for its customers

From the record

Embecta Corp.'s growth drivers, from the filed years to fiscal 2025: revenue grew -1.5% a year over the last three filed years against -0.1% over all 6, slowing (bottom 44% of its family); the newest year grew -3.8% (bottom 18%); research spending grew -17.7% a year (bottom 7%); capital spending grew -26.7% a year (bottom 21%) (its annual reports). Embecta Corp. reported 5 product lines in fiscal 2025: Pen Needles at $784 million (73%), Safety at $138 million (13%), Syringes at $125 million (12%), and 2 more; 3 of 5 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-1.4 points a yearbottom 44% of its family
  • the newest year's revenue growth-3.8%bottom 18% of its family
  • three-year growth of research spending-17.7%bottom 7% of its family
  • three-year growth of capital spending-26.7%bottom 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
3.2/10

Did its newest year beat what its own record pointed to?

bottom 32% of 88 in its family for expectations against reality.

weight 22% of this tense · 32nd percentile among 88 sector filers · read for its shareholders

From the record

Embecta Corp.'s newest year against its own record: revenue of $1.1 billion in fiscal 2025 came in 3.5% below the $1.1 billion its prior three years' pace pointed to (bottom 48% of its family); net income of $95 million against a prior three-year average of $124 million (bottom 27%); a net margin of 8.8% against 11% before (bottom 22%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-3.5%bottom 48% of its family
  • net income against the prior three years' average-23%bottom 27% of its family
  • net margin against its prior average-2.2 pointsbottom 22% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton EMBC · research, not advice