F

Revvity, Inc. — Earnings Quality Grade F

RVTY · Healthcare

Major red flags

Revenue
$2.9B
2025
Net Income
$241M
2025
Gross Margin
54.8%
Free Cash Flow
$509M
01

Screening Summary

12
Passed
3
Watch
2
Failed
-2.45
M-Score
02

Financial Trends

Revenue & Net Income ($B)

Margins (%)

03

18-Point Screening

01

Revenue Quality

!
A1DSO Change

DSO increased by 11 days

!
A2AR vs Revenue Growth

AR growth 17.8% exceeds revenue growth 3.7%

A3Revenue vs CFFO

Revenue 3.7%, CFFO -7.2%. Cash follows revenue

02

Expense Quality

B1Inventory vs COGS

Inventory 3.2% vs COGS 6.1%. Normal

B2CapEx vs Revenue

CapEx growth -15.1% vs revenue 3.7%. Normal

B3SG&A Ratio

SG&A/Gross Profit = 63.4%. Normal

B4Gross Margin

Gross margin 54.8%, change -1.0pp. Stable

03

Cash Flow Quality

C1CFFO vs Net Income

CFFO/NI = 2.42. Profits backed by cash

C2Free Cash Flow

FCF $0.5B, FCF/NI = 2.11

C3Accruals Ratio

Accruals ratio = -2.8%. Low accruals

C4Cash vs Debt

Cash $0.9B covers only 27% of debt $3.4B

04

Balance Sheet Health

D1Goodwill + Intangibles

Goodwill+Intangibles $9.0B = 124% of equity. Over 50%

!
D2Leverage

Debt/EBITDA = 4.4x (>4x). Financial stress

D3Soft Asset Growth

Other assets 12.2% vs revenue 3.7%. Normal

D4Asset Impairment

No write-off data

05

Acquisition Risk

E1Serial Acquirer FCF

FCF after acquisitions positive

E2Goodwill Surge

Goodwill+Intangibles change -2% YoY. Normal

06

Manipulation Score

F1Beneish M-Score

M-Score = -2.45 (< -2.22). Unlikely manipulator

04

Beneish M-Score

Manipulation Probability-2.45
-4.0 Clean-2.22 Grey-1.78 Danger0
1.136
DSRI
AR growing faster than revenue?
1.019
GMI
Gross margin declining?
1.007
AQI
Asset quality deteriorating?
1.037
SGI
Revenue growth rate
1.028
DEPI
Depreciation slowing?
0.963
SGAI
SG&A ratio changing?
-0.0281
TATA
Accruals level
1.061
LVGI
Leverage increasing?
05

Altman Z-Score

3.86
Safe Zone
0 Distress1.102.605.0+ Safe
0.0747
Liquidity
0.4975
Cumulative profit
0.0296
Operating efficiency
1.4742
Leverage

Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-09

Revvity, Inc. (RVTY) Earnings Quality Grade F — EarningsGrade