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N-able NABL Ratios & Valuation

Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Profitability
Gross margin76.5%-2.8pp76.8%-4.0pp76.9%-5.7pp77.9%-5.7pp79.3%-4.5pp
Operating margin9.5%-1.2pp8.3%-5.2pp6.7%-10.9pp7.6%-11.5pp10.7%-7.4pp
Net margin-1.3%-2.0pp-2.5%-6.0pp-3.7%-10.3pp-1.5%-9.6pp0.7%-6.3pp
Returns
Return on equity-0.9%-1.3pp-1.7%-3.9pp-2.4%-6.6pp-1%-6.1pp0.4%-4.1pp
Return on invested capital2.3%-0.3pp2%-1.2pp3.1%-1.6pp1.9%-3.5pp2.6%-2.4pp
Efficiency
Asset turnover0.4×0.0×0.4×0.0×0.4×0.0×0.4×0.0×0.4×0.0×
Liquidity
Current ratio1.3×+0.1×1.2×0.0×1.2×-0.1×1.3×-1.7×1.2×-1.7×
Leverage
Debt-to-equity0.5×+0.1×0.5×+0.1×0.5×+0.1×0.5×0.0×0.5×-0.1×
Net debt / EBITDA3.4×+0.2×3.6×+0.6×4.1×+1.4×3.4×+1.6×3.2×+1.1×
Per Share
Book value per share$4.25-0.6%$4.25+3.1%$4.30+6.6%$4.32+6.3%$4.28+10.6%
Valuation
Market capitalization$940.01M-30.8%$879.72M-34.3%$1.39B-20.3%$1.46B-39.6%$1.45B-48.2%
Price / sales1.8×-1.0×1.7×-1.2×2.7×-1.0×2.9×-2.3×-3.2×
Price / book1.2×-0.5×1.1×-0.6×1.7×-0.6×1.8×-1.4×1.8×-2.1×
EV / EBITDA13.2×-5.5×13.5×-3.7×21.9×+3.0×22×-1.5×19.8×-9.2×

FAQ

What are N-able's profit margins?
N-able (NABL) runs a 76.5% gross margin and a 9.5% operating margin, with a -1.3% net margin.
Where do N-able's ratios come from?
Every ratio is computed from N-able'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.