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TRUPANION, INC. TRUP

Nasdaq · stock · Hospital & Medical Service Plans · website · IPO 2014-07-18 · LEI

TRUPANION, INC. statistics & valuation

Market cap$1.1B
P / S0.8×
P / B2.9×
P / FCF14.7×
FCF margin5.2%
Net cash$36.2M
Net debt / EBITDA-1.2×
Enterprise value USD$1.1B
EV / EBITDA36×
Earnings yield EBIT/EV1.3%
Return on capital2.7%
Graham number -68.8%$9.45

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($9.45); a green figure means the price is below it.

Profitability & efficiency

Gross margin (%)
17.70% 17.70% 16.90% 16.90% 2016201720182019202020212022202320242025
Operating margin (%)
-3.60% -1.10% -0.30% -0.50% -1.00% -5.00% -4.80% -3.70% -0.70% 1.00% 2016201720182019202020212022202320242025
Return on equity (%)
2016201720182019202020212022202320242025
Shares outstanding
29.5M 30.1M 34.0M 34.9M 39.5M 40.5M 41.0M 41.9M 42.5M 43.6M 2016201720182019202020212022202320242025
Net debt ($)
-$18.9M -$16.4M -$13.7M -$3.1M -$139.9M -$87.4M $2.7M -$19.9M -$32.8M -$36.2M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
2016201720182019202020212022202320242025
Free cash flow margin (%)
1.60% 2.70% -14.60% 2.80% 2.80% -0.70% -2.80% 0.00% 3.00% 5.20% 2016201720182019202020212022202320242025
Debt / equity (×)
0.11× 0.19× 0.10× 0.19× 0.00× 0.00× 0.22× 0.42× 0.39× 0.27× 2016201720182019202020212022202320242025
EPS ($)
-$0.16 -$0.89 -$1.10 -$1.08 -$0.23 $0.45 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 margin——————16.9%16.9%17.7%17.7%
Operating margin1.0%-0.7%-3.7%-4.8%-5.0%-1.0%-0.5%-0.3%-1.1%-3.6%
FCF margin5.2%3.0%0.0%-2.8%-0.7%2.8%2.8%-14.6%2.7%1.6%
Debt / equity0.27×0.39×0.42×0.22×0.00×0.00×0.19×0.10×0.19×0.11×
Current ratio1.691.711.631.621.752.241.731.871.892.15

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