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Guardant Health GH Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin64.9%+0.4pp64.5%+0.7pp63.8%+0.9pp62.8%+1.5pp61.3%+0.6pp
Operating margin-41.4%+3.1pp-44.5%+4.5pp-49%+6.6pp-55.6%+3.2pp-58.8%+1.2pp
Net margin-40.1%+2.3pp-42.4%+1.8pp-44.2%+5.7pp-49.9%+3.9pp-53.8%+5.2pp
EBITDA margin-37.8%+2.7pp-40.5%+4.1pp-44.6%+6.0pp-50.6%+2.8pp-53.4%+0.9pp
Free cash flow margin-22%+1.8pp-23.7%+5.3pp-29.1%+3.7pp-32.8%+6.6pp-39.4%-2.2pp
Returns
Return on assets-26.6%-2.8pp-23.8%+4.5pp-28.3%-0.2pp-28.1%-0.8pp-27.3%-0.7pp
Return on invested capital-132.8%-81.0pp-51.8%
Efficiency
Asset turnover0.7×+0.1×0.6×-0.1×0.6×+0.1×0.6×+0.1×0.5×+0.1×
Inventory turnover4.7×+0.3×4.4×+0.4×-0.1×4.1×-0.2×4.3×-0.1×
Liquidity
Current ratio4.7×-0.2×4.8×+1.3×3.5×-0.2×3.7×-0.4×4.1×-0.6×
Quick ratio4.4×-0.2×4.6×+1.4×3.1×-0.2×3.4×-0.4×3.8×-0.6×
Cash ratio3.8×+2.2×1.6×-1.3×2.9×-0.2×3.1×-0.5×3.6×+0.8×
Leverage
Debt-to-assets0.9×0.0×0.8×-0.2×0.0×0.0×+0.1×
Interest coverage-100.5×+11.7×-112.2×+19.4×-131.6×+18.7×-150.3×+16.5×-166.8×+5.0×
Per Share
Book value per share-$1.38-74.1%-$0.79+72.1%-$2.84-15.4%-$2.46-21.6%-$2.02-78.0%
Valuation
Market capitalization$12.12B-8.7%$13.27B+70.3%$7.79B+25.8%$6.19B+17.8%$5.26B+39.3%
Enterprise value$12.72B-12.2%$14.49B+71.9%$8.43B+24.1%$6.79B+17.9%$5.76B+28.6%
Price / sales11.2×-2.3×13.5×+4.9×8.6×+1.2×7.5×+0.7×6.8×+1.7×
EV / sales11.8×-3.0×14.8×+5.4×9.3×+1.1×8.2×+0.8×7.4×+1.4×
Free cash flow yield-2%-0.2pp-1.8%+1.6pp-3.4%+1.0pp-4.4%+1.4pp-5.8%+1.5pp
Earnings yield-3.6%-0.4pp-3.1%+2.0pp-5.1%+1.6pp-6.7%+1.2pp-7.9%+3.6pp

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Questions, answered.

What are Guardant Health's profit margins?
Guardant Health (GH) runs a 64.9% gross margin and a -41.4% operating margin, with a -40.1% net margin.
Where do Guardant Health's ratios come from?
Every ratio is computed from Guardant Health'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.