nLIGHT Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 15, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	4,265	1,919	513	638	463	1,060
Market Cap Growth	992.77%	273.76%	-19.53%	37.91%	-56.34%	-18.43%
Enterprise Value	3,968	1,819	422.59	536.19	367.31	927.82
Last Close Price	75.61	37.51	10.49	13.50	10.14	23.95
PE Ratio	-	-79.81	-8.26	-15.00	-8.24	-34.21
Forward PE	161.70	137.40	-	-	-	75.67
PEG Ratio	-	-	-	-	-	1.63
PS Ratio	14.72	7.34	2.59	3.04	1.91	3.92
PB Ratio	9.94	8.46	2.37	2.51	1.71	3.51
P/TBV Ratio	9.28	8.27	2.32	2.44	1.66	3.34
P/FCF Ratio	192.39	156.05	-49.89	134.28	-12.88	-39.60
P/OCF Ratio	137.44	89.97	-217.66	63.23	-31.82	-142.38
EV/Sales Ratio	13.69	6.96	2.13	2.55	1.52	3.43
EV/EBITDA Ratio	-	-147.96	-8.80	-17.44	-9.32	-61.21
EV/EBIT Ratio	-	-68.51	-6.44	-11.47	-6.67	-30.71
EV/FCF Ratio	178.99	147.90	-41.06	112.83	-10.22	-34.67
Debt / Equity Ratio	0.08	0.15	0.05	0.04	0.05	0.05
Debt / EBITDA Ratio	-9.61	-2.94	-0.25	-0.46	-0.40	-1.17
Debt / FCF Ratio	1.61	2.94	-1.18	2.98	-0.43	-0.66
Net Debt / Equity Ratio	-0.69	-0.43	-0.41	-0.39	-0.34	-0.43
Net Debt / EBITDA Ratio	80.21	7.93	1.84	3.21	2.35	8.50
Net Debt / FCF Ratio	-13.40	-7.92	8.61	-20.77	2.58	4.82
Asset Turnover	0.70	0.89	0.69	0.66	0.69	0.82
Inventory Turnover	4.46	4.25	3.56	2.74	2.71	3.00
Quick Ratio	6.04	2.87	3.96	4.66	4.24	4.11
Current Ratio	7.07	3.79	5.67	6.73	6.69	6.06
Return on Equity (ROE)	-4.49%	-10.59%	-25.82%	-15.87%	-19.05%	-11.37%
Return on Assets (ROA)	-4.44%	-9.35%	-22.72%	-14.37%	-15.78%	-9.08%
Return on Invested Capital (ROIC)	-12.77%	-19.35%	-42.24%	-25.39%	-29.44%	-18.03%
Return on Capital Employed (ROCE)	-5.02%	-10.90%	-25.74%	-16.44%	-17.70%	-10.60%
Earnings Yield	-0.35%	-1.25%	-12.11%	-6.67%	-12.13%	-2.92%
FCF Yield	0.52%	0.64%	-2.00%	0.74%	-7.77%	-2.53%
Buyback Yield / Dilution	-5.94%	-4.34%	-3.95%	-3.70%	-5.44%	-9.84%
Total Shareholder Return	-5.94%	-4.34%	-3.95%	-3.70%	-5.44%	-9.84%

Updated May 8, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q