N-able NABL Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 77%-0.1pp | 77.1%-0.9pp | 78%-1.3pp | 79.4%-1.5pp | 80.9%-1.8pp | |
| Operating margin | 9%+1.8pp | 7.2%-0.8pp | 7.9%-2.8pp | 10.7%-2.8pp | 13.5%-4.1pp | |
| Net margin | -2%+1.3pp | -3.3%-2.0pp | -1.3%-1.9pp | 0.6%-2.9pp | 3.5%-3.2pp | |
| Returns | ||||||
| Return on equity | -1.3%+0.8pp | -2.2%-1.4pp | -0.8%-1.2pp | 0.4%-1.8pp | 2.2%-2.0pp | |
| Return on invested capital | 4.4%+1.0pp | 3.4%+1.5pp | 1.9%-0.6pp | 2.6%-0.6pp | 3.2%-1.6pp | |
| Efficiency | ||||||
| Asset turnover | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | |
| Liquidity | ||||||
| Current ratio | 1.3×+0.1× | 1.2×-0.1× | 1.3×0.0× | 1.2×0.0× | 1.2×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 0.5×0.0× | 0.5×+0.1× | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | |
| Net debt / EBITDA | 3.4×-0.5× | 3.9×+0.6× | 3.4×+0.2× | 3.2×+0.2× | 2.9×+0.3× | |
| Per Share | ||||||
| Book value per share | $4.26-0.6% | $4.28-0.8% | $4.32+0.7% | $4.29+4.1% | $4.12+2.2% | |
| Valuation | ||||||
| Market capitalization | $600.93M-57.7% | $1.39B-4.5% | $1.46B+0.5% | $1.45B+8.4% | $1.34B-23.4% | |
| Price / sales | 1.1×-1.9× | 2.7×-0.2× | 2.9×-0.1× | 3×+0.2× | 2.8×-0.9× | |
| Price / book | 0.8×-1.1× | 1.7×-0.1× | 1.8×0.0× | 1.8×+0.1× | 1.7×-0.6× | |
| EV / EBITDA | 9.9×-8.1× | 21.2×-0.4× | 21.6×+1.8× | 19.8×+2.7× | 17.2×-1.6× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are N-able's profit margins?
- N-able (NABL) runs a 77.0% gross margin and a 9.0% operating margin, with a -2.0% 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.
