OMCLOMNICELL, INC.

Electronic Computers

Revenue: $1.2B; 6.5% YoY
Operating margin: 0.4%; 1337% YoY
EBITDA: $84M; 1.7% YoY
Market cap: $1.7B
Employees: 3,580; $331K revenue each
Net debt / EBITDA: -3.5×; −$292M net debt
AI in 10-K: 10.2; mentions per 10K words

Takeover score 3 of 13

Fixable underperformance 1 of 7

TSR below peersYes
4 of 5 years
3+ of last 5 years
High CEO pay despite TSRNo
$8M median
Median CEO pay ≥ $15M while TSR trails
Earnings not backed by cashNo
62× net income
Cash flow under 80% of net income
Dilutive SBCNo
4% of revenue
Over 10% of revenue
Payouts exceed cash flowNo
61% of cash flow
Buybacks + dividends over cash flow
Goodwill-heavyNo
37% of assets
Over 40% of assets
Shareholder dissentNo
88% lowest support
Any vote under 80% support

Buyer economics 2 of 4

Low revenue per employeeNo
$331K · 30th pct
Bottom quartile of its SIC industry
Quiet on AINo
10.2 per 10K words · 93rd pct
Bottom quartile of AI mentions in 10-Ks
Net cashYes
Net cash · 3.5× EBITDA
More cash than debt, positive EBITDA
Buyout-sizedYes
$1.7B market cap
Market cap $500M–$5B

Catalysts 0 of 2

Active 13DNo
0 filings
Active-intent 13D in 18 months
Net insider sellingNo
−$3M net
Net sales over $10M in 12 months

Financials

Metric	FY2021	FY2022	FY2023	FY2024	FY2025	YoY	Trend
Revenue	$1.1B	$1.3B	$1.1B	$1.1B	$1.2B	6.5%
Operating income	$90M	−$2M	−$35M	$337K	$5M	1431%
Net income	$78M	$6M	−$20M	$13M	$2M	84%
Operating cash flow	$232M	$78M	$181M	$188M	$127M	32%
Capex	$29M	$48M	$41M	$36M	$40M	11%
Stock-based comp	$53M	$68M	$55M	$39M	$45M	13%
Buybacks	$0	$52M	$0	$0	$78M

Deal filings

None.

13D filers

None on file.

Insider trading

Open-market buys, 12 mo: $0 · 0
Open-market sells, 12 mo: $3M · 11
Net: −$3M

Pay vs performance

Year	CEO total comp	Comp actually paid	TSR (indexed)	Peer TSR
FY2025	$8M	$2M	38	81
FY2024	$8M	$15M	37	66
FY2023	$11M	$4M	31	68
FY2022	$8M	−$13M	42	68
FY2021	$8M	$23M	150	90