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OneSpan OSPN Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin73.8%+2.0pp71.8%+4.7pp67.1%-0.8pp67.8%+1.2pp
Operating margin19.9%+1.5pp18.4%+30.7pp-12.3%+0.1pp-12.4%-0.2pp
Net margin30%+6.5pp23.5%+36.1pp-12.7%-6.1pp-6.6%+7.7pp
EBITDA margin24.1%+2.2pp21.9%+31.4pp-9.5%-0.4pp-9.2%-1.1pp
Free cash flow margin20.8%+1.7pp19.1%+29.0pp-9.9%
Returns
Return on equity30.1%-0.6pp30.7%+47.2pp-16.4%-9.6pp-6.8%+6.0pp
Return on assets19.8%+1.6pp18.2%+27.7pp-9.5%-5.3pp-4.3%+4.3pp
Return on invested capital27.8%-6.3pp34.1%+58.0pp-23.9%-4.9pp-19%-4.2pp
Efficiency
Asset turnover0.7×-0.1×0.8×0.0×0.8×+0.1×0.6×0.0×
Inventory turnover+0.8×5.2×-0.4×5.6×-0.7×6.3×+0.2×
Liquidity
Current ratio1.5×-0.1×1.6×+0.3×1.3×-0.5×1.8×-0.3×
Quick ratio1.4×-0.1×1.5×+0.3×1.1×-0.5×1.7×-0.3×
Cash ratio0.6×-0.1×0.8×+0.4×0.4×-0.5×0.9×+0.2×
Leverage
Debt-to-equity0.0×0.0×0.1×0.0×0.1×0.0×
Debt-to-assets0.0×0.0×0.0×0.0×
Net debt / EBITDA-1.1×+0.3×-1.4×
Interest coverage24.4×-0.4×24.8×+38.6×-13.8×+31.8×-45.6×
Per Share
Book value per share$6.99+28.6%$5.44+37.3%$3.96-21.8%$5.06-8.7%
Valuation
Market capitalization$501.6M-14.2%$704.35M+65.4%$425.76M-4.7%$446.55M-33.4%
Enterprise value$459.8M-5.9%$630.31M+61.2%$391.08M+8.7%$359.87M-41.8%
Price / earnings7.2×-2.9×12.3×
Price / sales-0.4×2.9×+1.1×1.8×-0.2×-1.1×
Price / book1.8×-0.7×3.3×+0.6×2.7×+0.5×2.2×-0.9×
EV / EBITDA-0.6×11.9×
EV / sales1.9×-0.1×2.6×+0.9×1.7×0.0×1.6×-1.2×
Free cash flow yield9.5%+0.9pp6.6%+12.0pp-5.5%
Earnings yield13.9%+4.0pp8.1%+15.1pp-7%-3.8pp-3.2%+1.3pp
Dividend yield3.8%+3.0pp0%0%
PEG ratio0.4×

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Questions, answered.

What are OneSpan's profit margins?
OneSpan (OSPN) runs a 73.6% gross margin and a 18.8% operating margin, with a 28.5% net margin.
Where do OneSpan's ratios come from?
Every ratio is computed from OneSpan'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.