Bruker Corporation

BRKRUS

Bruker Corporation stands as a prominent global developer, manufacturer, and distributor of cutting-edge scientific instruments, alongside comprehensive analytical and diagnostic solutions. Its operations are structured across three distinct segments: Bruker Scientific Instruments (BSI) Life Science, BSI NANO, and Bruker Energy & Supercon Technologies. The company's extensive portfolio for life sciences encompasses a variety of advanced tools, including single and multi-modality systems, sophisticated mass spectrometry platforms, and critical diagnostic solutions. These diagnostics feature the acclaimed MALDI Biotyper for swift pathogen identification, various molecular diagnostic kits (such as genotype and fluorotype offerings), DNA test strips, and fluorescence-based polymerase chain reaction (PCR) technology, notably including SARS-CoV-2 testing solutions for COVID-19 diagnosis and Fluorotyper-SARS-CoV-2 plus kits. Beyond life science, Bruker delivers a wide array of specialized instruments for research, analysis, and process control. This includes portable analytical and bioanalytical detection systems, a full range of X-ray instruments (from analytical tools for electron microscopes to handheld, portable, and mobile X-ray fluorescence spectrometry devices), and sophisticated atomic force microscopy (AFM) instrumentation for non-contact nanometer resolution topography. Furthermore, it supplies automated X-ray metrology, automated AFM defect-detection, and equipment for photomask repair and cleaning. The company also excels in advanced optical fluorescence microscopy and provides critical products and services supporting multi-omics research for drug and biomarker discovery. Within its energy sector, Bruker is a key provider of superconducting materials, particularly metallic low-temperature superconductors, and develops complex tools and devices utilizing these materials, alongside other high-technology tools like synchrotron and beamline instrumentation. Reflecting its commitment to innovation, Bruker Corporation collaborates with Newomics Inc. on an LC-MS platform specifically tailored for drug discovery applications. Established in 1991, the corporation maintains its headquarters in Billerica, Massachusetts.

Founded1991IPO year2000As of2026-08-04
Market Cap
$7.83B
Enterprise Value
$9.47B
EV / LTM Revenue
2.8x
EV / NTM Revenue
2.6x
Trading multiples

Enterprise value over trailing (LTM) vs. forward (NTM) fundamentals. Click an LTM cell to chart it.

LTM
trailing
NTM
forward
Revenue
2.6x
Gross Profit
5.5x
EBITDA
15.0x
Classification
Sector
Medical Devices & Diagnostics
Sub-sector
Life-Science Instruments & Consumables
Listing
BRKR
Country
US
Historical valuation & fundamentals

EV / LTM Revenue

Annual financials & analyst forecasts

$MCY2021CY2022CY2023CY2024CY2025CY2026ECY2027E
Revenue YoY5%17%14%2%4%4%
Revenue$2.42B$2.53B$2.96B$3.37B$3.44B$3.59B$3.74B
Gross Profit$1.21B$1.31B$1.51B$1.65B$1.58B
Gross Profit Margin50.2%51.6%51.0%49.0%45.9%
EBITDA$506M$542M$679M$439M$303M$615M$641M
EBITDA Margin20.9%21.4%22.9%13.0%8.8%17.1%17.1%
EBIT$420M$436M$437M$253M$191M$450M$469M
Net Income$277M$297M$427M$113M($9M)$321M$370M
Free Cash Flow$190M$145M$243M$136M$43M
FCF Margin7.9%5.7%8.2%4.0%1.3%
Short-Term Debt$112M$19M$121M$33M$52M
Long-Term Debt$1.22B$1.20B$1.16B$2.06B$1.69B
Cash & Cash Equivalents$1.07B$646M$488M$183M$299M
Net Debt$266M$574M$793M$1.91B$1.45B
Net Debt / EBITDA0.5x1.1x1.2x4.4x4.8x
Rule of 4010.4%25.3%17.6%3.3%
Figures in $M. True calendar years (Jan–Dec) built from quarterly data — income & cash-flow lines summed across the four quarters, balance sheet as of year-end. E columns are calendarized analyst consensus — gross profit, cash flow and balance-sheet lines are not estimated. Net debt = short-term debt + long-term debt − cash & cash equivalents; Rule of 40 = YoY revenue growth + FCF margin.