N-able NABL Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 77%-3.9pp | 77.1%-5.6pp | 78%-5.6pp | 79.4%-4.5pp | 80.9%-3.0pp | |
| Operating margin | 9%-4.5pp | 7.2%-10.5pp | 7.9%-11.3pp | 10.7%-7.6pp | 13.5%-4.0pp | |
| Net margin | -2%-5.5pp | -3.3%-10.0pp | -1.3%-9.4pp | 0.6%-6.6pp | 3.5%-2.8pp | |
| EBITDA margin | 17.5%-2.4pp | 15.8%-7.4pp | 16%-8.3pp | 18.1%-5.4pp | 20%-2.6pp | |
| Free cash flow margin | 14.1%-2.3pp | 14.7%+1.4pp | 14.7%-0.8pp | 15.3%-1.8pp | 16.5%+0.4pp | |
| Returns | ||||||
| Return on equity | -1.3%-3.5pp | -2.2%-6.4pp | -0.8%-6.0pp | 0.4%-4.3pp | 2.2%-1.8pp | |
| Return on assets | -0.8%-2.1pp | -1.2%-3.7pp | -0.5%-3.7pp | 0.2%-2.6pp | 1.3%-1.1pp | |
| Return on invested capital | 4.4%+1.2pp | 3.4%-1.4pp | 1.9%-3.5pp | 2.6%-2.6pp | 3.2%-1.3pp | |
| 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× | 1.2×0.0× | 1.3×-1.7× | 1.2×-1.7× | 1.2×-1.8× | |
| Quick ratio | 1.3×+0.1× | 1.2×0.0× | 1.3×-1.7× | 1.2×-1.7× | 1.2×-1.8× | |
| Cash ratio | 0.7×+0.1× | 0.6×0.0× | 0.6×-1.2× | 0.6×-1.2× | 0.6×-1.3× | |
| Leverage | ||||||
| Debt-to-equity | 0.5×+0.1× | 0.5×0.0× | 0.5×0.0× | 0.5×-0.1× | 0.5×0.0× | |
| Debt-to-assets | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | 0.3×-0.1× | |
| Net debt / EBITDA | 3.4×+0.5× | 3.9×+1.3× | 3.4×+1.6× | 3.2×+1.2× | 2.9×+0.6× | |
| Per Share | ||||||
| Book value per share | $4.26+3.4% | $4.28+6.3% | $4.32+6.1% | $4.29+10.8% | $4.12+8.7% | |
| Valuation | ||||||
| Market capitalization | $600.93M-57.7% | $1.39B-20.3% | $1.46B-39.6% | $1.45B-48.2% | $1.34B-44.0% | |
| Enterprise value | $918.78M-45.8% | $1.71B-15.8% | $1.73B-33.9% | $1.73B-42.6% | $1.62B-38.5% | |
| Price / sales | 1.1×-1.9× | 2.7×-1.0× | 2.9×-2.3× | 3×-3.2× | 2.8×-2.6× | |
| Price / book | 0.8×-1.1× | 1.7×-0.6× | 1.8×-1.4× | 1.8×-2.1× | 1.7×-1.6× | |
| EV / EBITDA | 9.9×-8.1× | 21.2×+2.4× | 21.6×-1.8× | 19.8×-8.8× | 17.2×-9.5× | |
| EV / sales | 1.7×-1.9× | 3.3×-1.0× | 3.5×-2.2× | 3.6×-3.1× | 3.4×-2.6× | |
| Free cash flow yield | 12.4%+6.9pp | 5.4%+1.8pp | 5%+2.1pp | 5.1%+2.4pp | 5.8%+2.9pp | |
| Earnings yield | -1.7%-2.9pp | -1.2%-3.0pp | -0.4%-2.0pp | 0.2%-1.0pp | 1.2%+0.1pp |
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.
