Natera 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 13, 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	27,973	32,002	20,998	7,491	4,469	8,885
Market Cap Growth	35.25%	52.41%	180.32%	67.61%	-49.70%	3.55%
Enterprise Value	27,125	31,125	20,207	7,042	4,009	8,362
Last Close Price	195.32	229.09	158.30	62.64	40.17	93.39
PE Ratio	-	-150.72	-103.46	-16.57	-7.21	-17.93
PS Ratio	11.18	13.88	12.37	6.92	5.45	14.21
PB Ratio	15.72	18.69	17.57	9.79	6.33	13.60
P/TBV Ratio	15.23	18.29	16.52	9.41	5.60	12.95
P/FCF Ratio	267.66	-	303.26	-26.18	-9.33	-23.61
P/OCF Ratio	132.56	-	154.78	-30.33	-10.36	-26.50
EV/Sales Ratio	10.85	13.50	11.91	6.50	4.89	13.37
EV/EBITDA Ratio	-	-100.43	-105.61	-16.68	-7.65	-18.30
EV/EBIT Ratio	-	-100.43	-90.90	-15.78	-7.41	-17.86
EV/FCF Ratio	259.54	-	291.83	-24.61	-8.37	-22.22
Debt / Equity Ratio	0.13	0.12	0.15	0.56	0.62	0.60
Debt / EBITDA Ratio	-0.69	-0.64	-0.92	-1.02	-0.84	-0.86
Debt / FCF Ratio	-	-	2.56	-1.50	-0.91	-1.04
Net Debt / Equity Ratio	-0.49	-0.51	-0.66	-0.59	-0.65	-0.80
Net Debt / EBITDA Ratio	2.66	2.83	4.14	1.06	0.88	1.15
Net Debt / FCF Ratio	-	-	-11.43	1.57	0.96	1.39
Asset Turnover	1.00	1.14	1.09	0.76	0.62	0.58
Inventory Turnover	-	36.34	15.76	15.49	14.64	13.57
Quick Ratio	1.95	2.44	3.73	3.77	3.68	4.73
Current Ratio	2.96	3.39	4.00	4.10	3.90	4.99
Return on Equity (ROE)	-12.98%	-14.32%	-19.42%	-59.11%	-80.62%	-82.79%
Return on Assets (ROA)	-10.23%	-11.86%	-14.38%	-31.49%	-41.20%	-43.23%
Return on Invested Capital (ROIC)	-24.25%	-33.05%	-55.71%	-141.94%	-247.95%	-365.82%
Return on Capital Employed (ROCE)	-16.16%	-18.93%	-18.14%	-40.23%	-51.49%	-53.49%
Earnings Yield	-0.81%	-0.66%	-0.97%	-6.03%	-13.87%	-5.58%
FCF Yield	0.37%	0.00%	0.33%	-3.82%	-10.72%	-4.23%
Buyback Yield / Dilution	-7.96%	-9.62%	-8.45%	-16.86%	-8.67%	-11.78%
Total Shareholder Return	-7.96%	-9.62%	-8.45%	-16.86%	-8.67%	-11.78%

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q