SES AI SES Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 53.8%-9.3pp | 63.1%— | —— | —— | |
| Operating margin | -393.4%+4,962pp | -5,355.3%— | —— | —— | |
| Net margin | -347.8%+4,563pp | -4,911%— | —— | —— | |
| EBITDA margin | -344.4%+4,604pp | -4,948%— | —— | —— | |
| Free cash flow margin | -291.5%+3,546pp | -3,837.8%— | —— | —— | |
| Returns | |||||
| Return on equity | -29.6%+1.8pp | -31.4%-17.2pp | -14.2%— | —— | |
| Return on assets | -24.2%+3.0pp | -27.2%-14.6pp | -12.6%+3.5pp | -16.1%+16.1pp | |
| Return on invested capital | -46.6%+2.2pp | -48.9%-22.1pp | -26.8%— | —— | |
| Efficiency | |||||
| Asset turnover | 0.1×+0.1× | 0×— | —— | —— | |
| Inventory turnover | 3.6×+1.7× | 2×— | —— | —— | |
| Liquidity | |||||
| Current ratio | 9×-3.2× | 12.1×-5.0× | 17.1×-3.4× | 20.5×+5.0× | |
| Quick ratio | 8.7×-3.4× | 12.1×-5.0× | 17.1×-3.4× | 20.5×+5.0× | |
| Cash ratio | 1.2×-4.4× | 5.6×+1.4× | 4.2×-1.3× | 5.5×+5.5× | |
| Leverage | |||||
| Debt-to-equity | 0×0.0× | 0×0.0× | 0×0.0× | 0×— | |
| Debt-to-assets | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Interest coverage | -8.8×-1.6× | -7.3×-2.6× | -4.7×+8.2× | -12.8×+116× | |
| Per Share | |||||
| Book value per share | $0.65-25.0% | $0.86-24.1% | $1.14-16.1% | $1.36+194% | |
| Valuation | |||||
| Market capitalization | $325.08M+5.5% | $789.68M+22.7% | $643.66M-41.6% | $1.1B-54.9% | |
| Enterprise value | $285.86M+9.3% | $671.45M+17.4% | $571.71M-43.2% | $1.01B-59.0% | |
| Price / sales | 14.8×-27.2× | 387.1×— | —— | —— | |
| Price / book | 1.6×+0.5× | 2.8×+1.0× | 1.8×-1.0× | 2.8×— | |
| EV / sales | 13×-22.7× | 329.1×— | —— | —— | |
| Free cash flow yield | -17.7%+10.3pp | -9.9%+1.3pp | -11.2%-5.7pp | -5.5%-4.0pp | |
| Earnings yield | -22.4%+9.1pp | -12.7%-4.4pp | -8.3%-3.7pp | -4.6%-3.3pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are SES AI's profit margins?
- SES AI (SES) runs a 36.3% gross margin and a -352.3% operating margin, with a -331.7% net margin.
- Where do SES AI's ratios come from?
- Every ratio is computed from SES AI'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.
