Skip to content

Lightpath Technologies LPTH Ratios & Valuation

Q3 '26Q2 '26Q1 '26Q4 '25Q3 '25
Profitability
Net margin-37.4%+6.1pp-43.5%-6.6pp-36.8%+3.2pp-40%-9.7pp-30.2%-1.7pp
Free cash flow margin-16.4%-4.5pp-11.9%+8.7pp-20.6%+5.2pp-25.8%-6.5pp-19.3%-8.0pp
Returns
Return on equity-44.8%-0.9pp-43.8%+19.6pp-63.5%+1.4pp-64.9%-22.0pp-42.9%-12.5pp
Return on assets-20.8%+2.8pp-23.6%+0.2pp-23.8%-0.8pp-23%-7.4pp-15.5%+2.9pp
Efficiency
Asset turnover0.6×0.0×0.5×-0.1×0.6×+0.1×0.6×+0.1×0.5×-0.1×
Liquidity
Current ratio3.9×-0.1×+2.0×+0.3×1.7×-0.6×2.3×+0.8×
Quick ratio3.2×-0.2×3.4×+2.2×1.3×+0.3×0.9×-0.4×1.3×+0.4×
Cash ratio2.6×-0.4×+2.4×0.6×+0.4×0.3×-0.2×0.5×+0.2×
Leverage
Debt-to-equity0.1×0.0×0.1×-0.6×0.7×+0.1×0.7×-0.2×0.9×+0.6×
Debt-to-assets0.1×0.0×0.1×-0.1×0.2×0.0×0.1×0.0×0.2×0.0×
Valuation
Market capitalization$816.26M+548%$491.73M+38.8%$354.23M+159%$136.85M+61.6%$84.69M-39.5%
Enterprise value$772.4M+480%$428.38M+19.6%$358.15M+152%$142.39M+53.8%$92.56M-36.8%
Price / sales13×+9.3×9.3×+1.2×8.1×+4.4×3.7×+1.2×2.5×-1.8×
Price / book9.6×+1.2×6.3×-10.2×16.5×+7.8×8.7×+3.4×5.4×+0.1×
EV / sales12.9×+8.8×8.1×-0.1×8.2×+4.3×3.8×+1.1×2.8×-1.8×
Free cash flow yield-1.2%+3.7pp-1.3%+1.3pp-2.6%+4.5pp-7%+0.7pp-7.7%-5.1pp
Earnings yield-2.7%+5.0pp-4.7%-0.1pp-4.6%+6.3pp-10.9%+1.1pp-12%-5.4pp

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

What are Lightpath Technologies's profit margins?
Lightpath Technologies (LPTH) runs a 26.8% gross margin and a -29.5% operating margin, with a -37.4% net margin.
Where do Lightpath Technologies's ratios come from?
Every ratio is computed from Lightpath Technologies'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.