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A10 Networks ATEN Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin79.3%-1.0pp80.4%-0.6pp80.9%+1.2pp79.7%+1.1pp
Operating margin16.2%-0.6pp16.8%+1.4pp15.4%-3.6pp18.9%+5.6pp
Net margin14.5%-4.7pp19.2%+3.3pp15.9%-0.9pp16.7%-21.2pp
EBITDA margin21.3%+0.2pp21.1%+2.0pp19.1%-2.5pp21.6%+4.7pp
Free cash flow margin22.3%-7.6pp29.9%+16.4pp13.5%-6.2pp19.7%+1.8pp
Returns
Return on equity19%-3.8pp22.8%+2.3pp20.6%-3.5pp24.1%-34.4pp
Return on assets7.9%-4.3pp12.2%+1.7pp10.5%-1.8pp12.3%-15.4pp
Return on invested capital14.7%-12.8pp27.5%+0.6pp26.9%-10.0pp36.9%+5.8pp
Efficiency
Asset turnover0.5×-0.1×0.6×0.0×0.7×-0.1×0.7×0.0×
Inventory turnover+0.7×2.3×0.0×2.2×-0.5×2.7×+0.2×
Liquidity
Current ratio3.6×+1.1×2.5×0.0×2.4×+0.3×2.2×-0.3×
Quick ratio3.4×+1.1×2.3×+0.1×2.2×+0.2×-0.2×
Cash ratio0.5×-0.2×0.8×-0.1×0.9×+0.3×0.6×-0.1×
Leverage
Debt-to-equity1.1×+1.0×0.1×0.0×0.1×0.0×0.1×0.0×
Debt-to-assets0.4×+0.3×0.0×0.0×0.1×0.0×
Net debt / EBITDA2.5×+4.0×-1.5×+0.2×-1.7×-0.9×-0.8×+0.5×
Per Share
Book value per share$2.87-6.6%$3.08+11.9%$2.75+18.2%$2.33-10.8%
Valuation
Market capitalization$1.27B-6.6%$1.36B+39.1%$976.4M-20.1%$1.22B-5.0%
Enterprise value$1.43B+11.8%$1.27B+42.3%$895.98M-23.8%$1.18B-4.5%
Price / earnings30.1×+3.0×27.1×+2.7×24.4×-1.6×26×+12.5×
Price / sales4.4×-0.8×5.2×+1.3×3.9×-0.5×4.4×-0.8×
Price / book+0.1×5.9×+1.2×4.7×-2.1×6.7×+0.6×
EV / EBITDA23×-0.1×23.1×+4.4×18.7×-0.8×19.4×-9.6×
EV / sales4.9×0.0×4.9×+1.3×3.6×-0.6×4.2×-0.7×
Free cash flow yield5.1%-0.7pp5.8%+2.3pp3.5%-1.0pp4.5%+1.0pp
Earnings yield3.3%-0.4pp3.7%-0.4pp4.1%+0.3pp3.8%-3.5pp
Dividend yield1.4%+0.1pp1.3%-0.5pp1.8%+0.5pp1.3%+1.0pp

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Questions, answered.

What are A10 Networks's profit margins?
A10 Networks (ATEN) runs a 79.3% gross margin and a 17.2% operating margin, with a 14.9% net margin.
Where do A10 Networks's ratios come from?
Every ratio is computed from A10 Networks's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.