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OneSpan OSPN Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin73.6%+1.5pp73.8%+2.0pp73.9%+3.3pp73.9%+4.5pp72.1%+3.7pp
Operating margin18.8%-1.1pp19.9%+1.5pp19.8%+5.6pp21.1%+13.5pp19.8%+22.5pp
Net margin28.5%+4.4pp30%+6.5pp24.1%+12.4pp24.9%+18.3pp24%+27.3pp
EBITDA margin23.3%0.0pp24.1%+2.2pp23.7%+6.2pp24.7%+14.0pp23.3%+23.0pp
Free cash flow margin19.5%-1.3pp20.8%+1.7pp21.3%+6.7pp22.7%20.8%
Returns
Return on equity27.8%-1.1pp30.1%-0.6pp26.9%+11.4pp28.5%+19.5pp28.9%+33.2pp
Return on assets19.5%+0.5pp19.8%+1.6pp18.4%+8.3pp18.6%+13.0pp19%+21.7pp
Return on invested capital25.3%-13.6pp27.8%-6.3pp33.2%+9.0pp35.9%+23.2pp38.8%+45.1pp
Efficiency
Asset turnover0.7×-0.1×0.7×-0.1×0.8×-0.1×0.7×-0.1×0.8×0.0×
Inventory turnover6.4×+1.2×+0.8×5.2×+0.1×5.2×-0.3×5.3×+0.2×
Liquidity
Current ratio1.3×-0.7×1.5×-0.1×1.7×0.0×1.8×+0.2×+0.5×
Quick ratio1.2×-0.7×1.4×-0.1×1.6×0.0×1.7×+0.3×1.8×+0.5×
Cash ratio0.5×-0.7×0.6×-0.1×0.0×+0.3×1.2×+0.5×
Leverage
Debt-to-equity0.0×0.0×0.0×0.0×0.0×
Debt-to-assets0.0×0.0×0.0×0.0×0.0×
Net debt / EBITDA-0.7×+1.0×-1.1×+0.3×-1.3×-1.4×-1.7×
Interest coverage36.2×+16.2×24.4×-0.4×20.1×-0.9×19.5×+7.9×20×+23.9×
Per Share
Book value per share$7.15+20.7%$6.99+28.6%$6.15+24.7%$6.22+35.8%$5.92+33.3%
Valuation
Market capitalization$501.6M-14.2%$488.27M-30.7%$608.98M-5.2%$604.81M+24.0%$582.18M+31.5%
Enterprise value$459.8M-5.9%$426.17M-32.4%$532.2M-7.3%$521.33M+20.4%$485.7M+26.6%
Price / earnings7.2×-2.9×6.7×10.5×10.1×10×
Price / sales-0.4×-0.9×2.5×-0.1×2.5×+0.5×2.4×+0.6×
Price / book1.8×-0.7×1.8×-1.5×2.6×-0.7×2.5×-0.2×2.5×-0.1×
EV / EBITDA-0.6×7.3×-4.6×9.3×8.8×8.6×
EV / sales1.9×-0.1×1.8×-0.8×2.2×-0.1×2.2×+0.4×+0.4×
Free cash flow yield9.5%+0.9pp10.3%+3.8pp8.4%+2.9pp9%8.6%
Earnings yield13.9%+4.0pp14.9%+6.8pp9.5%+5.1pp9.9%+6.6pp10%+11.8pp
Dividend yield3.8%+3.0pp3.8%2.3%1.5%0.8%
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.