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	Apr '26 Apr 24, 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	4,296	1,919	513	638	463	1,060
Market Cap Growth	1260.33%	273.76%	-19.53%	37.91%	-56.34%	-18.43%
Enterprise Value	4,243	1,819	422.59	536.19	367.31	927.82
Last Close Price	77.00	37.51	10.49	13.50	10.14	23.95
PE Ratio	-	-79.81	-8.26	-15.00	-8.24	-34.21
Forward PE	244.44	137.40	-	-	-	75.67
PEG Ratio	-	-	-	-	-	1.63
PS Ratio	16.61	7.34	2.59	3.04	1.91	3.92
PB Ratio	16.74	8.46	2.37	2.51	1.71	3.51
P/TBV Ratio	16.97	8.27	2.32	2.44	1.66	3.34
P/FCF Ratio	352.90	156.05	-49.89	134.28	-12.88	-39.60
P/OCF Ratio	203.47	89.97	-217.66	63.23	-31.82	-142.38
EV/Sales Ratio	16.23	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	344.98	147.90	-41.06	112.83	-10.22	-34.67
Debt / Equity Ratio	0.15	0.15	0.05	0.04	0.05	0.05
Debt / EBITDA Ratio	-2.94	-2.94	-0.25	-0.46	-0.40	-1.17
Debt / FCF Ratio	2.94	2.94	-1.18	2.98	-0.43	-0.66
Net Debt / Equity Ratio	-0.43	-0.43	-0.41	-0.39	-0.34	-0.43
Net Debt / EBITDA Ratio	7.93	7.93	1.84	3.21	2.35	8.50
Net Debt / FCF Ratio	-7.92	-7.92	8.61	-20.77	2.58	4.82
Asset Turnover	0.89	0.89	0.69	0.66	0.69	0.82
Inventory Turnover	4.25	4.25	3.56	2.74	2.71	3.00
Quick Ratio	2.87	2.87	3.96	4.66	4.24	4.11
Current Ratio	3.79	3.79	5.67	6.73	6.69	6.06
Return on Equity (ROE)	-10.59%	-10.59%	-25.82%	-15.87%	-19.05%	-11.37%
Return on Assets (ROA)	-9.35%	-9.35%	-22.72%	-14.37%	-15.78%	-9.08%
Return on Invested Capital (ROIC)	-19.35%	-19.35%	-42.24%	-25.39%	-29.44%	-18.03%
Return on Capital Employed (ROCE)	-10.90%	-10.90%	-25.74%	-16.44%	-17.70%	-10.60%
Earnings Yield	-0.54%	-1.25%	-12.11%	-6.67%	-12.13%	-2.92%
FCF Yield	0.28%	0.64%	-2.00%	0.74%	-7.77%	-2.53%
Buyback Yield / Dilution	-4.34%	-4.34%	-3.95%	-3.70%	-5.44%	-9.84%
Total Shareholder Return	-4.34%	-4.34%	-3.95%	-3.70%	-5.44%	-9.84%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q