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	Jul '26 Jul 14, 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	39,049	32,002	20,998	7,491	4,469	8,885
Market Cap Growth	70.05%	52.41%	180.32%	67.61%	-49.70%	3.55%
Enterprise Value	38,201	31,125	20,207	7,042	4,009	8,362
Last Close Price	272.66	229.09	158.30	62.64	40.17	93.39
PS Ratio	15.61	13.88	12.37	6.92	5.45	14.21
PB Ratio	21.94	18.69	17.57	9.79	6.33	13.60
P/TBV Ratio	29.80	26.15	16.52	9.41	5.60	12.95
P/FCF Ratio	373.64	-	303.26	-	-	-
P/OCF Ratio	185.05	-	154.78	-	-	-
EV/Sales Ratio	15.27	13.50	11.91	6.50	4.89	13.37
EV/FCF Ratio	365.53	-	291.83	-	-	-
Debt / Equity Ratio	0.13	0.12	0.15	0.56	0.62	0.60
Debt / FCF Ratio	-	-	2.56	-	-	-
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)	-29.37%	-38.84%	-61.90%	-158.72%	-288.14%	-613.42%
Return on Capital Employed (ROCE)	-16.16%	-18.93%	-18.14%	-40.23%	-51.49%	-53.49%
FCF Yield	0.27%	0.00%	0.33%	-	-	-
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%

SEC Filings: 10-K · 10-Q