Stocktoria
Natera, Inc. NTRA
Nasdaq · XNAS · stock · Services-Medical Laboratories · website · IPO 2015-07-02
Chart by TradingView
3/9
Piotroski F — financial health
0.87
Altman Z″ — distress risk · distress
—
Dividend payout · no dividend
Valuation · market cap as of 2026-06-29
Market cap$37.5B
P / S16.3×
P / B21.9×
P / FCF343.8×
Financials & ratios (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Financials | |||||
| Revenue | $2.3B | $1.7B | $1.1B | $820.2M | $625.5M |
| Operating income | -$309.9M | -$222.3M | -$446.2M | -$541.0M | -$468.2M |
| Net income | -$208.2M | -$190.4M | -$434.8M | -$547.8M | -$471.7M |
| Operating cash flow | $215.3M | $135.7M | -$247.0M | -$431.5M | -$335.2M |
| Free cash flow | $109.1M | $69.2M | -$286.2M | -$479.2M | -$376.3M |
| Total assets | $2.4B | $1.7B | $1.4B | $1.4B | $1.2B |
| Total liabilities | $685.9M | $465.3M | $676.4M | $688.7M | $583.2M |
| Shareholders' equity | $1.7B | $1.2B | $765.3M | $705.7M | $653.3M |
| Ratios | |||||
| Operating margin | -13.4% | -13.1% | -41.2% | -66.0% | -74.8% |
| Net margin | -9.0% | -11.2% | -40.2% | -66.8% | -75.4% |
| FCF margin | 4.7% | 4.1% | -26.4% | -58.4% | -60.2% |
| Return on assets | -8.7% | -11.5% | -30.2% | -39.3% | -38.1% |
| Return on equity | -12.2% | -15.9% | -56.8% | -77.6% | -72.2% |
| Debt / equity | — | — | 0.37× | 0.40× | 0.43× |
| Current ratio | 3.39 | 4.00 | 4.10 | 3.90 | 4.99 |
| Revenue growth | 35.9% | 56.7% | 32.0% | 31.1% | 60.0% |
Notable holders (13F)
| Investor | Shares | Value |
|---|---|---|
| COATUE MANAGEMENT LLC | 2,541,842 | $508.3M |
| ARK Investment Management LLC | 684,255 | $136.8M |
| Point72 Asset Management, L.P. | 444,199 | $88.8M |
| RENAISSANCE TECHNOLOGIES LLC | 197,500 | $39.5M |
| Bridgewater Associates, LP | 25,237 | $5.0M |
| Duquesne Family Office LLC | 3,063,606 | $612,691 |
Why these scores methodology →
Piotroski F-score: 3/9
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″: 0.87 (distress)
- Working capital / assets 0.44
- Retained earnings / assets -1.157
- EBIT / assets -0.129
- Equity / liabilities 2.496
Sector peers
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Source: SEC EDGAR filings · CIK 0001604821 · as of 2025-12-31. Figures are facts from filings plus Stocktoria's own computed scores — not investment advice.