Natera, Inc.

NTRA Healthcare Diagnostics & Research

Natera, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.3 billion, up 35.9% from fiscal 2024.

Revenue
+34.1%
EPS
+34.4%
Free cash flow
−85.8%
Total debt
−0.06%

Quarter to September 2026, against a year earlier

316.48 47.28 −13.00%
Market cap
$52.4B
P/E
0.0×
Fwd P/E
−289×
Dividend yield
—
F-score
6/9
Altman Z
26.84
Beneish M
−2.17
Dividend safety
n/a

Natera, Inc. (NTRA) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Natera, Inc. (NTRA) trades at a price to free cash flow of 1,004×. Over the past ten years it has ranged from 0.0× (December 2024) to 1,197× (October 2026); the current reading is higher than 99% of that period. That is above the Diagnostics & Research industry median of 33.5× and above the Healthcare sector median of 21.1×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 287× 0.67%
FY2024 285× —
FY2023 0.0× —
FY2022 0.0× —
FY2021 0.0× —
FY2020 0.0× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 1,135× 145.68%
Jun 2026 462× 70.59%
Mar 2026 271× (5.67%)
Dec 2025 287× 37.87%
43 more quarters

Against its own ten years

Low 0.0× High 1,197×
Ten-year median 0.0×
Current reading's percentile 99

Price to free cash flow against peers

Company Price to free cash flow
DGX Quest Diagnostics Incorporated compare 20.3×
IQV IQVIA Holdings Inc. compare 21.0×
LH Labcorp Holdings Inc. compare 25.4×
ILMN Illumina, Inc. compare 30.4×
A Agilent Technologies, Inc. compare 38.2×
MTD Mettler-Toledo International, Inc. compare 39.1×
IDXX IDEXX Laboratories, Inc. compare 40.6×
WAT Waters Corporation compare 173×
NTRA Natera, Inc. 1,004×
Diagnostics & Research industry median 33.5×
Healthcare sector median 21.1×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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