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Ondas, Inc. ONDS Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin39.7%+34.9pp4.8%-35.9pp40.7%-11.5pp52.2%+14.5pp
Operating margin-115.1%+366pp-481.1%-228pp-253.2%+3,013pp-3,266%-2,648pp
Net margin-260.7%+268pp-528.4%-243pp-285.8%+3,160pp-3,445.3%-2,928pp
EBITDA margin-113.2%+316pp-428.8%-207pp-221.4%+2,864pp-3,084.9%-2,518pp
Free cash flow margin-80.4%+408pp-488%-270pp-218.1%+1,703pp-1,921.3%-1,308pp
Returns
Return on equity-58.2%+94.7pp-152.9%-54.7pp-98.2%-12.2pp-85.9%-62.3pp
Return on assets-21.3%+16.4pp-37.7%+9.5pp-47.2%+20.8pp-68%-47.4pp
Efficiency
Asset turnover0.1×0.0×0.1×-0.1×0.2×+0.1×0.0×
Inventory turnover1.9×+0.8×1.1×-3.1×4.3×+3.7×0.6×-0.9×
Liquidity
Current ratio4.8×+3.9×0.9×+0.3×0.7×-0.9×1.6×-8.1×
Quick ratio4.7×+3.9×0.7×+0.1×0.6×-0.9×1.5×-7.9×
Cash ratio4.2×+3.6×0.6×+0.2×0.4×-0.9×1.3×-7.5×
Leverage
Debt-to-equity-2.3×2.3×+1.2×1.1×+0.4×0.8×+0.8×
Debt-to-assets-0.3×0.3×-0.1×0.4×-0.1×0.5×+0.5×
Interest coverage-8.9×+0.7×-9.6×-0.1×-9.5×+9.0×-18.5×+12.8×
Per Share
Book value per share$1.97+732%$0.24-62.2%$0.63-54.4%$1.38-58.0%
Valuation
Market capitalization$3.71B+1,594%$218.75M+145%$89.22M+30.8%$68.19M-75.1%
Enterprise value$3.13B+1,277%$227.12M+102%$112.18M+32.7%$84.51M-63.9%
Price / sales73×+42.6×30.4×+24.7×5.7×-26.4×32.1×-62.1×
Price / book8.5×-4.7×13.2×+10.5×2.7×+1.5×1.2×-1.3×
EV / sales61.6×+30.1×31.6×+24.4×7.1×-32.6×39.8×-40.7×
Free cash flow yield-1.1%+14.9pp-16%+22.3pp-38.4%+21.5pp-59.9%-53.4pp
Earnings yield-3.6%+13.8pp-17.4%+32.9pp-50.3%+57.1pp-107.4%-102pp

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Questions, answered.

What are Ondas, Inc. 's profit margins?
Ondas, Inc. (ONDS) runs a 44.8% gross margin and a -93.9% operating margin, with a 253.3% net margin.
Where do Ondas, Inc. 's ratios come from?
Every ratio is computed from Ondas, 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.