Tearsheet

Owens & Minor (OMI)


Market Price (11/6/2025): $3.29 | Market Cap: $254.3 Mil
Sector: Health Care | Industry: Health Care Distributors

Owens & Minor (OMI)


Market Price (11/6/2025): $3.29
Market Cap: $254.3 Mil
Sector: Health Care
Industry: Health Care Distributors

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 92%
Weak multi-year price returns
2Y Excs Rtn is -137%, 3Y Excs Rtn is -156%
Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 836%
1 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -47%
  Not cash flow generative
FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -2.8%
2   Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -522%
0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 92%
1 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -47%
2 Weak multi-year price returns
2Y Excs Rtn is -137%, 3Y Excs Rtn is -156%
3 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 836%
4 Not cash flow generative
FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -2.8%
5 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -522%

Market Valuation & Key Metrics

OMI Stock


Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
OMI Return424%61%-55%-1%-32%-74%-35%
Peers Return11%20%27%16%9%36%189%
S&P 500 Return16%27%-19%24%23%16%110%

Monthly Win Rates [3]
OMI Win Rate83%67%25%42%50%20% 
Peers Win Rate40%45%50%50%45%54% 
S&P 500 Win Rate58%75%42%67%75%70% 

Max Drawdowns [4]
OMI Max Drawdown-20%-6%-65%-38%-39%-74% 
Peers Max Drawdown-17%-5%-4%-11%-4%-2% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: MCK, CAH, HSIC, EMPG, COR. See OMI Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 11/5/2025 (YTD)

How Low Can It Go

Unique KeyEventOMIS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-75.1%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven302.3%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-42.7%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven74.5%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven18 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-93.3%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven1396.0%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven604 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-37.8%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven60.7%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven756 days1480 days

Compare to MCK, CAH, HSIC, EMPG, COR


In The Past

Owens & Minor's stock fell -75.1% during the 2022 Inflation Shock from a high on 6/8/2021. A -75.1% loss requires a 302.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Owens & Minor (OMI)

Better Bets than Owens & Minor (OMI)

Latest Trefis Analyses

Trade Ideas

Select past ideas related to OMI. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
GDRX_10312025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG10312025GDRXGoodRxDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
-1.2%-1.2%-3.3%
DXCM_10312025_Monopoly_xInd_xCD_Getting_Cheaper10312025DXCMDexComMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
1.8%1.8%0.0%
ACHC_10242025_Dip_Buyer_ValueBuy10242025ACHCAcadia HealthcareDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-11.6%-11.6%-11.7%
PBH_10102025_Dip_Buyer_ValueBuy10102025PBHPrestige Consumer HealthcareDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-1.9%-1.9%-1.9%
REGN_10032025_Dip_Buyer_ValueBuy10032025REGNRegeneron PharmaceuticalsDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
7.4%7.4%-7.0%
OMI_6302024_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG06302024OMIOwens & MinorDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
-4.1%-32.6%-53.9%
OMI_3312023_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG03312023OMIOwens & MinorDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
11.1%90.4%-6.9%
OMI_9302022_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG09302022OMIOwens & MinorDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
-39.6%-32.9%-49.8%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
GDRX_10312025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG10312025GDRXGoodRxDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
-1.2%-1.2%-3.3%
DXCM_10312025_Monopoly_xInd_xCD_Getting_Cheaper10312025DXCMDexComMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
1.8%1.8%0.0%
ACHC_10242025_Dip_Buyer_ValueBuy10242025ACHCAcadia HealthcareDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-11.6%-11.6%-11.7%
PBH_10102025_Dip_Buyer_ValueBuy10102025PBHPrestige Consumer HealthcareDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-1.9%-1.9%-1.9%
REGN_10032025_Dip_Buyer_ValueBuy10032025REGNRegeneron PharmaceuticalsDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
7.4%7.4%-7.0%
OMI_6302024_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG06302024OMIOwens & MinorDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
-4.1%-32.6%-53.9%
OMI_3312023_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG03312023OMIOwens & MinorDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
11.1%90.4%-6.9%
OMI_9302022_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG09302022OMIOwens & MinorDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
-39.6%-32.9%-49.8%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Owens & Minor

Financials

OMIMCKCAHHSICEMPGCORMedian
NameOwens & .McKesson Cardinal.Henry Sc.Empro Cencora  
Mkt Price3.35844.26196.7972.01-354.00196.79
Mkt Cap0.3105.446.88.7-68.646.8
Rev LTM12,727377,595222,57812,938-316,654222,578
Op Inc LTM3354,7482,322764-3,7132,322
FCF LTM-3625,6661,850356-1,1421,142
FCF 3Y Avg474,4632,488455-2,5882,488
CFO LTM-996,5472,397535-1,7421,742
CFO 3Y Avg2735,1943,001644-3,1013,001

Growth & Margins

OMIMCKCAHHSICEMPGCORMedian
NameOwens & .McKesson Cardinal.Henry Sc.Empro Cencora  
Rev Chg LTM92.4%20.3%-1.9%3.5%-11.6%11.6%
Rev Chg 3Y Avg20.2%12.2%7.3%0.9%-10.3%10.3%
Rev Chg Q1.5%23.4%0.5%5.2%-8.7%5.2%
QoQ Delta Rev Chg LTM0.1%5.2%0.1%1.3%-2.1%1.3%
Op Mgn LTM2.6%1.3%1.0%5.9%-1.2%1.3%
Op Mgn 3Y Avg2.8%1.4%1.0%5.7%-1.1%1.4%
QoQ Delta Op Mgn LTM-0.0%-0.1%0.0%-0.1%-0.0%-0.0%
CFO/Rev LTM-0.8%1.7%1.1%4.1%-0.6%1.1%
CFO/Rev 3Y Avg3.1%1.6%1.4%5.1%-1.1%1.6%
FCF/Rev LTM-2.8%1.5%0.8%2.8%-0.4%0.8%
FCF/Rev 3Y Avg0.7%1.4%1.1%3.6%-0.9%1.1%

Valuation

OMIMCKCAHHSICEMPGCORMedian
NameOwens & .McKesson Cardinal.Henry Sc.Empro Cencora  
Mkt Cap0.3105.446.88.7-68.646.8
P/S0.00.30.20.7-0.20.2
P/EBIT-0.923.120.212.9-23.420.2
P/E-0.233.330.022.1-36.230.0
P/CFO-2.616.119.516.2-39.416.2
Total Yield-517.7%3.3%4.4%4.5%-3.4%3.4%
Dividend Yield0.0%0.3%1.1%0.0%-0.6%0.3%
FCF Yield 3Y Avg-19.0%6.1%9.2%5.0%-5.9%5.9%
D/E8.50.10.20.4-0.10.2
Net D/E8.40.10.10.4-0.10.1

Returns

OMIMCKCAHHSICEMPGCORMedian
NameOwens & .McKesson Cardinal.Henry Sc.Empro Cencora  
1M Rtn-27.8%13.9%26.8%9.0%-16.0%13.9%
3M Rtn-47.9%20.1%26.1%8.6%-25.0%20.1%
6M Rtn-56.8%17.1%29.0%8.2%-16.7%16.7%
12M Rtn-71.6%61.4%76.4%4.4%-52.6%52.6%
3Y Rtn-82.5%115.8%162.1%-0.9%-126.2%115.8%
1M Excs Rtn-30.8%11.3%24.4%9.8%-13.5%11.3%
3M Excs Rtn-54.1%20.2%21.5%2.1%-20.2%20.2%
6M Excs Rtn-77.5%-3.6%8.3%-12.5%--4.0%-4.0%
12M Excs Rtn-93.6%42.5%53.3%-16.3%-33.7%33.7%
3Y Excs Rtn-155.8%44.3%99.1%-70.3%-57.0%44.3%

Financials

Segment Financials

Assets by Segment

$ Mil20242023202220212020
Patient Direct2,4902,507469  
Products & Healthcare Services2,3602,8103,012  
Cash and cash equivalents24369568367
Global Products   1,135931
Global Solutions   2,1172,205
Discontinued operations    440
Total5,0935,3863,5373,3363,643


Price Behavior

Short Interest

Short Interest: As Of Date10152025
Short Interest: Shares Quantity8,415,055
Short Interest: % Change Since 93020257.9%
Average Daily Volume1,889,962
Days-to-Cover Short Interest4.45
Basic Shares Quantity77,288,000
Short % of Basic Shares10.9%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
10/30/2025-20.0%  
8/11/2025-34.7%-19.9%-22.0%
5/8/2025-9.9%-9.8%3.2%
2/3/2025-35.2%-39.3%-31.8%
11/4/2024-10.2%-3.4%7.3%
7/23/20247.6%0.8%2.1%
5/3/2024-25.7%-25.0%-28.5%
2/20/20241.6%11.6%19.1%
...
SUMMARY STATS   
# Positive8812
# Negative141410
Median Positive7.2%12.7%13.7%
Median Negative-12.9%-17.4%-20.5%
Max Positive29.2%29.8%46.3%
Max Negative-35.2%-39.3%-33.7%

SEC Filings

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Report DateFiling DateFiling
93020251031202510-Q 9/30/2025
6302025811202510-Q 6/30/2025
3312025508202510-Q 3/31/2025
12312024228202510-K 12/31/2024
93020241104202410-Q 9/30/2024
6302024802202410-Q 6/30/2024
3312024503202410-Q 3/31/2024
12312023220202410-K 12/31/2023
93020231103202310-Q 9/30/2023
6302023804202310-Q 6/30/2023
3312023505202310-Q 3/31/2023
12312022228202310-K 12/31/2022
93020221102202210-Q 9/30/2022
6302022803202210-Q 6/30/2022
3312022504202210-Q 3/31/2022
12312021223202210-K 12/31/2021

Insider Activity

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