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Natera, Inc. NTRA Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Operating margin-13%-0.6pp-13.4%-0.3pp-16.6%-0.8pp-14.9%+8.1pp-12.4%+19.2pp
Returns
Return on invested capital-46.7%+4.8pp-48.1%-3.8pp-80.8%-33.3pp-63.9%-8.7pp-51.5%+17.2pp
Efficiency
Asset turnover1.2×0.0×1.1×0.0×1.2×+0.2×1.2×+0.2×1.1×+0.3×
Liquidity
Current ratio-0.9×3.4×-0.6×3.3×-1.1×3.7×-0.4×3.9×-0.2×
Leverage
Debt-to-equity0.1×0.0×0.1×0.0×0.2×-0.4×0.2×-0.4×0.2×-0.4×
Per Share
Book value per share$12.54+36.3%$12.52+30.7%$9.13+28.6%$9.14+34.2%$9.20+40.0%
Valuation
Market capitalization$28.34B+48.3%$31.95B+52.9%$22.09B+41.7%$23.47B+79.4%$19.12B+75.2%
Price / sales11.3×+0.9×13.9×+1.5×10.4×+0.3×11.9×+2.3×10.4×+1.4×
Price / book16×+0.6×18.7×+1.2×17.6×-0.1×18.8×+3.2×15.4×+1.7×

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Questions, answered.

What are Natera, Inc.'s profit margins?
Natera, Inc. (NTRA) runs a 42.9% gross margin and a -13.0% operating margin, with a -14.6% net margin.
Where do Natera, Inc.'s ratios come from?
Every ratio is computed from Natera, Inc.'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.