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	Apr '26 Apr 22, 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	29,449	31,618	20,998	7,491	4,469	8,885
Market Cap Growth	57.56%	50.58%	180.32%	67.61%	-49.70%	3.55%
Enterprise Value	28,587	30,740	20,207	7,042	4,009	8,362
Last Close Price	207.78	229.09	158.30	62.64	40.17	93.39
PE Ratio	-	-150.72	-103.46	-16.57	-7.21	-17.93
PS Ratio	12.77	13.71	12.37	6.92	5.45	14.21
PB Ratio	16.95	18.46	17.57	9.79	6.33	13.60
P/TBV Ratio	16.58	18.29	16.52	9.41	5.60	12.95
P/FCF Ratio	269.89	-	303.26	-26.18	-9.33	-23.61
P/OCF Ratio	136.78	-	154.78	-30.33	-10.36	-26.50
EV/Sales Ratio	12.40	13.33	11.91	6.50	4.89	13.37
EV/EBITDA Ratio	-	-99.19	-105.61	-16.68	-7.65	-18.30
EV/EBIT Ratio	-	-99.19	-90.90	-15.78	-7.41	-17.86
EV/FCF Ratio	262.00	-	291.83	-24.61	-8.37	-22.22
Debt / Equity Ratio	0.12	0.12	0.15	0.56	0.62	0.60
Debt / EBITDA Ratio	-0.64	-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	-0.51	-0.51	-0.66	-0.59	-0.65	-0.80
Net Debt / EBITDA Ratio	2.83	2.83	4.14	1.06	0.88	1.15
Net Debt / FCF Ratio	-	-	-11.43	1.57	0.96	1.39
Asset Turnover	1.14	1.14	1.09	0.76	0.62	0.58
Inventory Turnover	14.36	14.36	15.76	15.49	14.64	13.57
Quick Ratio	3.11	3.11	3.73	3.77	3.68	4.73
Current Ratio	3.39	3.39	4.00	4.10	3.90	4.99
Return on Equity (ROE)	-14.32%	-14.32%	-19.42%	-59.11%	-80.62%	-82.79%
Return on Assets (ROA)	-11.86%	-11.86%	-14.38%	-31.49%	-41.20%	-43.23%
Return on Invested Capital (ROIC)	-33.05%	-33.05%	-55.71%	-141.94%	-247.95%	-365.82%
Return on Capital Employed (ROCE)	-18.93%	-18.93%	-18.14%	-40.23%	-51.49%	-53.49%
Earnings Yield	-0.71%	-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	-9.62%	-9.62%	-8.45%	-16.86%	-8.67%	-11.78%
Total Shareholder Return	-9.62%	-9.62%	-8.45%	-16.86%	-8.67%	-11.78%

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

SEC Filings: 10-K · 10-Q