Stem STEM Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 39.5%+1.1pp | 38.4%+17.5pp | 20.9%+3.5pp | 17.4%+1.8pp | 15.6%+23.3pp | |
| Operating margin | -31.9%+3.7pp | -35.6%+21.6pp | -57.3%+87.6pp | -144.9%+378pp | -522.7%+57.9pp | |
| EBITDA margin | -2.8%+4.0pp | -6.9%+23.2pp | -30.1%+86.0pp | -116.1%+377pp | -492.9%+56.6pp | |
| Free cash flow margin | -6.5%-10.9pp | 4.4%+14.1pp | -9.7%+14.0pp | -23.7%-5.5pp | -18.2%+7.3pp | |
| Efficiency | ||||||
| Asset turnover | 0.4×0.0× | 0.4×+0.1× | 0.4×+0.1× | 0.3×+0.1× | 0.2×0.0× | |
| Inventory turnover | 12.7×+0.3× | 12.4×+5.8× | 6.7×-0.1× | 6.8×-0.9× | 7.7×-0.6× | |
| Liquidity | ||||||
| Current ratio | 0.8×-0.1× | 0.9×+0.1× | 0.8×-0.1× | 0.9×0.0× | 0.9×-0.1× | |
| Quick ratio | 0.8×-0.1× | 0.9×+0.1× | 0.8×-0.1× | 0.8×0.0× | 0.8×-0.1× | |
| Cash ratio | 0.4×-0.1× | 0.5×+0.1× | 0.4×0.0× | 0.4×-0.1× | 0.5×+0.1× | |
| Leverage | ||||||
| Debt-to-assets | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Interest coverage | -1.8×+0.5× | -2.3×+2.4× | -4.7×+8.3× | -13.1×+31.3× | -44.3×+1.6× | |
| Per Share | ||||||
| Book value per share | -$31.26-6.4% | -$29.38-4.4% | -$28.14-11.5% | -$25.24+50.5% | -$50.94-3.2% | |
| Valuation | ||||||
| Market capitalization | $69.95M+26.0% | $126.27M-14.1% | $146.95M+150% | $58.81M+2.3% | $57.5M-41.4% | |
| Enterprise value | $42.58M+72.6% | $88.43M-21.5% | $112.7M+304% | $27.88M+189% | $9.66M-82.8% | |
| Price / sales | 0.5×+0.1× | 0.8×-0.1× | 0.9×+0.5× | 0.4×0.0× | 0.4×-0.3× | |
| EV / sales | 0.3×+0.1× | 0.6×-0.1× | 0.7×+0.5× | 0.2×+0.1× | 0.1×-0.3× | |
| Free cash flow yield | -14.2%+52.0pp | 5.4%+16.4pp | -10.9%+51.9pp | -62.9%-14.8pp | -48.1%-10.5pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Stem's profit margins?
- Stem (STEM) runs a 39.5% gross margin and a -31.9% operating margin, with a 62.2% net margin.
- Where do Stem's ratios come from?
- Every ratio is computed from Stem'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.
