What are Trupanion's profit margins?

Trupanion (TRUP) runs a 16.3% gross margin and a 1.4% operating margin, with a 1.7% net margin.

Where do Trupanion's ratios come from?

Every ratio is computed from Trupanion'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.

Trupanion TRUP Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	16.3%+1.6pp	16.1%+2.1pp	15.6%+2.3pp	15.3%+2.7pp	14.7%+2.5pp
Operating margin	1.4%+1.7pp	1%+1.7pp	0.5%+1.3pp	0.2%+1.4pp	-0.4%+1.6pp
Net margin	1.7%—	1.4%—	——	——	——
EBITDA margin	2.4%+1.6pp	2.1%+1.5pp	1.6%+1.1pp	1.4%+1.4pp	0.9%+1.7pp
Free cash flow margin	5.1%+1.0pp	5.2%+2.2pp	5.1%+2.7pp	4.5%+2.5pp	4%+3.0pp
Returns
Return on equity	7.1%—	5.5%—	——	——	——
Return on assets	2.9%—	2.3%—	——	——	——
Return on invested capital	6.1%+8.1pp	4.1%+8.0pp	2.3%+6.0pp	0.9%+6.4pp	-2%+6.8pp
Efficiency
Asset turnover	1.7×+0.1×	1.7×+0.1×	1.7×+0.1×	1.7×+0.1×	1.6×+0.1×
Liquidity
Current ratio	1.7×0.0×	1.7×0.0×	1.7×+0.1×	1.7×+0.1×	1.7×+0.1×
Quick ratio	1.7×0.0×	1.7×0.0×	1.7×+0.1×	1.7×+0.1×	1.7×+0.1×
Cash ratio	0.4×-0.1×	0.4×-0.2×	0.5×0.0×	0.4×0.0×	0.6×+0.1×
Leverage
Debt-to-equity	0.3×-0.1×	0.3×-0.1×	0.3×-0.1×	0.3×-0.1×	0.4×0.0×
Debt-to-assets	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.2×0.0×
Net debt / EBITDA	-2.1×+4.8×	-1.5×+9.1×	-3.3×+2.3×	-2.7×—	-6.8×—
Interest coverage	1.6×+2.0×	1×+1.7×	0.5×+1.2×	0.2×+1.3×	-0.4×+1.3×
Per Share
Book value per share	$9.04+15.9%	$8.81+15.0%	$8.46+13.2%	$8.20+12.9%	$7.80+7.8%
Valuation
Market capitalization	$1.04B-56.5%	$1.61B-20.9%	$1.86B+5.3%	$2.42B+96.0%	$1.58B+36.8%
Enterprise value	$968.57M-58.3%	$1.57B-20.4%	$1.79B+3.0%	$2.37B+94.9%	$1.51B+34.9%
Price / earnings	40.4×—	83.1×—	——	——	——
Price / sales	0.7×-1.1×	1.1×-0.5×	1.3×-0.1×	1.8×+0.8×	1.2×+0.2×
Price / book	2.6×-4.5×	4.2×-2.1×	5×-0.5×	6.8×+2.8×	4.7×+0.9×
EV / EBITDA	27×-179×	52.9×-246×	79.7×-224×	126.9×—	133.6×—
EV / sales	0.7×-1.1×	1.1×-0.4×	1.3×-0.1×	1.7×+0.7×	1.1×+0.2×
Free cash flow yield	7.2%+5.0pp	4.7%+2.8pp	3.9%+2.1pp	2.5%+0.6pp	3.4%+2.3pp
Earnings yield	2.5%—	1.2%—	——	——	——

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about Trupanion.

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

What are Trupanion's profit margins?: Trupanion (TRUP) runs a 16.3% gross margin and a 1.4% operating margin, with a 1.7% net margin.
Where do Trupanion's ratios come from?: Every ratio is computed from Trupanion'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.