Stocktoria

Ondas Inc. ONDS

Nasdaq · stock · Radio & Tv Broadcasting & Communications Equipment · website · IPO 2018-02-01 · LEI

Ondas Inc. statistics & valuation

Market cap$4.1B
P / S80.3×
P / B9.2×
Net margin-260.7%
Return on equity-29.9%
FCF margin-80.4%
Return on capital-5.9%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
-1101.40% -6365.80% -6052.20% -622.90% -516.90% -3445.30% -285.80% -528.40% -260.70% 2016201720182019202020212022202320242025
Gross margin (%)
70.90% 79.30% 75.30% 42.90% 37.70% 52.20% 40.70% 4.80% 39.70% 2016201720182019202020212022202320242025
Operating margin (%)
-872.60% -4439.10% -4798.00% -532.60% -618.30% -3266.00% -253.20% -481.10% -115.10% 2016201720182019202020212022202320242025
Return on equity (%)
-89.40% -13.40% -125.80% -135.30% -229.20% -29.90% 2016201720182019202020212022202320242025
Shares outstanding
3.0M 16.8M 50.5M 19.8M 26.5M 41.0M 44.1M 61.9M 93.2M 380.8M 2016201720182019202020212022202320242025
Net debt ($)
-$1.7M -$25.2M -$40.5M -$29.7M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
-611.00% -421.10% -454.50% -454.80% -47.30% -12.80% -74.80% -48.70% -34.70% -11.70% 2016201720182019202020212022202320242025
Free cash flow margin (%)
-4768.50% -4601.50% -348.60% -613.00% -1921.30% -218.10% -488.00% -80.40% 2016201720182019202020212022202320242025
Debt / equity (×)
0.06× 0.00× 0.02× 2016201720182019202020212022202320242025
EPS ($)
-$0.44 -$1.73 -$0.88 -$0.61 -$0.62 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin39.7%4.8%40.7%52.2%37.7%42.9%75.3%79.3%70.9%—
Operating margin-115.1%-481.1%-253.2%-3266.0%-618.3%-532.6%-4798.0%-4439.1%-872.6%—
Net margin-260.7%-528.4%-285.8%-3445.3%-516.9%-622.9%-6052.2%-6365.8%-1101.4%—
FCF margin-80.4%-488.0%-218.1%-1921.3%-613.0%-348.6%-4601.5%-4768.5%——
Return on assets-11.7%-34.7%-48.7%-74.8%-12.8%-47.3%-454.8%-454.5%-421.1%-611.0%
Return on equity-29.9%-229.2%-135.3%-125.8%-13.4%-89.4%156.0%81.3%38.2%0.7%
Debt / equity—0.02×——0.00×0.06×-0.04×———
Current ratio4.840.940.661.589.662.230.210.120.12—

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.