Vocera Communications Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Vocera Communications Inc (VCRA) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Vocera Communications Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 234M vs 1,282M combined for tracked competitors (15.4% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+12.3% annualized vs trailing 12 months), vs decelerating (-12.4%) for its tracked peer group.
- Growth: Vocera Communications Inc generated 16.2% revenue growth year over year in Q4 2021, vs 16.0% for its tracked competitors combined.
- Profitability: Its -1.0% net margin compares with 4.8% for the peer group.
- Peer revenue share: Vocera Communications Inc accounted for 19.0% of combined revenue among its tracked peer group, up from 18.9% a year earlier.
- Peer differentiation: Revenue per employee of $0.40M compares with $0.44M for the peer group (0.9x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
VCRA Sales vs. its Competitors, Q4 2021
Vocera Communications Inc reported revenue growth of 16.23 % year on year in Q4 2021, above its competitors' combined revenue growth of 16.03 %.
With a net margin of -1.00 %, Vocera Communications Inc reported lower profitability than its competitors (4.75 %).
Vocera Communications Inc generated 18.97 % of the combined sales of its peer group, up from 18.94 % a year earlier.
Vocera Communications Inc vs. its Competitors, Q4 2021
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Vocera Communications Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Vocera Communications Inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (1) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (7) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Vocera Communications Inc's competitor groups requires a Commercial License.
For context: the Communications Equipment industry grew revenue 4.4% year over year, combined, vs 16.2% for Vocera Communications Inc. Vocera Communications Inc's share of combined industry revenue moved from 0.09% to 0.10%, a gain of 0.01 percentage points.
Vocera Communications Inc's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Vocera Communications Inc | No | Yes | Yes | No |
| Competitors combined (1) | ||||
| High-Confidence Competitors (1) | ||||
| Similar Growth & Profitability (8) | 75.00 % (6 of 8) | 100.00 % (8 of 8) | 87.50 % (7 of 8) | 12.50 % (1 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
VCRA Stock Performance relative to its Competitors
VCRA Stock Performance relative to High-Confidence Competitors
VCRA Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Extreme Networks Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Vocera Communications Inc's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Vocera Communications Inc's Comment on Competition and Industry Peers
At this time, the primary alternative to our system consists of a combination of traditional communication methods utilizing wired phones, wireless in-building phones, smartphones, pagers and overhead paging systems.
The most significant alternative with which we compete for sales in the hospital are in-building wireless telephones and smartphone applications. While we compete with the providers of these wireless phones in making sales to hospitals, they do not at this time purport to contain the system intelligence, integrated workflow and convenience of our communication and workflow solutions. The market for in-building wireless phones is dominated by large communications companies such as Cisco Systems, Ascom and Spectralink.
We believe that the use of mobile smartphone apps for healthcare will continue
to expand in our target market and may represent a source of competition but
this trend also represents an opportunity to expand our communication solutions
with our smartphone applications, which enable all members of the patients
care team to connect to our software platform and participate as users on our
Communication system.
We believe that the primary competitive factors at work in our market include:
comprehensiveness of the solution and the features provided and the ability
to purchase the complete solution from a single vendor
product performance and reliability
the initial cost and ongoing cost of ownership
customer service and support capabilities
We may face increased competition in the future, including from large, multinational companies with significant resources. Potential competitors may have existing relationships with purchasers of other products and services within the hospital, which may enhance their ability to gain a foothold in our market. In addition, the continuing expansion of our communication and workflow collaboration capabilities, may introduce us to a broader set of competitors. These competitors may include companies that provide clinical workflow solutions, enterprise software, cloud-based solutions and electronic health records.
Publicly Traded Peers of Vocera Communications Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Vocera Communications Inc | 2,713.76 | 234.19 |
| Extreme Networks Inc | 2,834.37 | 1,282.20 |
| SUBTOTAL | 5,548.13 | 1,516.39 |
Sources: Vocera Communications Inc's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Vocera Communications Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Vocera Communications Inc's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Cisco Systems | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for Vocera Communications Inc's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
Vocera Communications Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Vocera Communications Inc | Product 50.46 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Vocera Communications Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Vocera Communications Inc | 2,714 | 396,924 | -14,398 |
| Extreme Networks Inc | 2,834 | 443,055 | 14,554 |
| PEERS TOTAL | 2,834 | 443,055 | 14,554 |
Vocera Communications Inc's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Extreme Networks Inc | US 44.89 % |
Source: revenue geography as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Vocera Communications Inc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Communications Equipment industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (36 companies).| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 66.12 % | 45.57 % (avg) | +20.5 pp |
| Operating Margin | -1.74 % | industry median | -1.5 pp |
| EBITDA Margin | 2.30 % | 5.39 % (avg) | -3.1 pp |
| Capital Intensity (Capex / Revenue) | 1.64 % | 4.21 % (avg) | -2.6 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Vocera Communications Inc's Valuation vs Competitive Position
Valuation multiples vs the Communications Equipment industry average (36 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | - | 40.9x | - |
| EV / EBITDA | 404.5x | 22.9x | +381.7x |
| P/B | 14.8x | 4.7x | +10.2x |
| Return on Equity | -5.63 % | industry aggregate | -19.09 % |
| Return on Invested Capital | -0.74 % | -0.46 % (avg) | -0.28 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Vocera Communications Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | -6.90 % | 9.08 % | 22.68 % | 27.29 % | 10.51 % | 0.48 % | 9.93 % | 18.02 % |
| Operating Margin | -29.43 % | -16.14 % | -13.28 % | -8.63 % | -3.51 % | -7.82 % | -2.06 % | -1.74 % |
| Return on Invested Capital | -11.70 % | -7.63 % | -7.73 % | -6.19 % | -1.59 % | -3.15 % | -0.86 % | -0.74 % |
| P/E | - | - | - | - | - | - | - | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Vocera Communications Inc's Strategic Group Map
Every company in Vocera Communications Inc's industry and named-competitor list, plotted by trailing 12-month revenue growth and operating margin. Vocera Communications Inc is shown in red; its closest peers by combined growth, margin and ROIC (the Similar Growth & Profitability group above) are labeled.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Vocera Communications Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 1.64 % vs industry average 4.21 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Vocera Communications Inc's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Vocera Communications Inc's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Vocera Communications Inc's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Vocera Communications Inc falls in the Low attractiveness / High strength cell: Selective.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Vocera Communications Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Latest-quarter revenue run-rate is accelerating (+12.3% annualized vs trailing 12 months).
Weaknesses
- Return on equity 19.1 points below the industry aggregate.
Opportunities
No rule matched.
Threats
- Tracked peer group's revenue run-rate is broadly decelerating (-12.4% annualized).
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Vocera Communications Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Vocera Communications Inc | 0.65 | 3.43 | 1.67 |
| Extreme Networks Inc | 0.37 | 0.92 | 2.42 |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Vocera Communications Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Vocera Communications Inc | Q4 2021 | +16.2 % | - |
| Extreme Networks Inc | Q2 2026 | +10.2 % | - |
| PEERS TOTAL | +11.2 % | - |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Vocera Communications Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Vocera Communications Inc | Q4 2021 | +16.7 % | +40.3 % |
| Extreme Networks Inc | Q2 2026 | +8.5 % | +14.0 % |
Vocera Communications Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Vocera Communications Inc | - | - | - |
| Extreme Networks Inc | 3.62% | 7.23% | 55.84% |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Vocera Communications Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Vocera Communications Inc | - | 11.59 |
| Extreme Networks Inc | 67.74 | 2.21 |
| PEERS AVERAGE | 165.01 | 3.66 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.