Last 47 quarters of trend data · Industrials · Construction
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
EV/EBITDA has compressed 98.4% YoY to 0.2x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | -1.08 | — | — | — | — | 21.21 | — | 28.39 | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| P/S Ratio | 1.56 | 1.41 | 1.96 | 1.56 | 1.67 | 2.00 | 4.50 | 4.00 | 3.53 | 3.28 | 2.45 | 2.84 | 2.83 |
| — | -29.4% | -56.4% | -61.0% | -52.8% | -38.9% | +83.4% | +41.0% | +24.8% | +34.8% | -1.2% | +48.9% | -61.8% | |
| P/B Ratio | 1.79 | 0.99 | 1.88 | 1.58 | 1.67 | 1.60 | 4.16 | 3.64 | 2.71 | 2.26 | 1.45 | 1.30 | 1.19 |
| — | -38.1% | -54.9% | -56.7% | -38.6% | -29.1% | +186.0% | +179.6% | +127.9% | +74.6% | -27.2% | -38.4% | -81.0% | |
| P/FCF | — | 4.28 | 24.17 | — | — | 11.78 | — | — | — | — | — | — | — |
| — | -63.7% | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBITDA | — | 0.19 | 70.04 | 191.91 | — | 11.94 | 24.23 | 18.70 | 41.90 | 41.71 | — | — | — |
| — | -98.4% | +189.1% | +926.0% | — | -71.4% | — | — | — | — | — | — | — | |
| EV / EBIT | — | — | — | — | — | 16.36 | — | 23.44 | 141.44 | 115.72 | — | — | — |
| — | — | — | — | — | -85.9% | — | — | — | — | — | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Aspen Aerogels, Inc.'s operating margin was 620.4% in Q4 2025, up 624.9 pp QoQ and up 608.4 pp YoY. This marks the 4th consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of 57.2% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin contracted 244.8% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 17.0% | -55.5% | 28.5% | 32.4% | 29.0% | 38.3% | 41.8% | 43.8% | 37.2% | 35.2% | 22.7% | 17.5% | 11.2% |
| — | -244.8% | -31.8% | -25.9% | -22.1% | +8.9% | +83.9% | +150.9% | +233.3% | +46.3% | +231.2% | +757.9% | +339.7% | |
| Operating Margin | -19.0% | 620.4% | -4.6% | -6.6% | -380.2% | 12.0% | 14.8% | 17.0% | 2.6% | 1.6% | -24.1% | -35.4% | -41.5% |
| — | +5089.9% | -130.9% | -138.9% | -14850.8% | +627.9% | +161.6% | +148.0% | +106.2% | +110.1% | +68.8% | +28.7% | +14.5% | |
| Net Margin | -143.7% | -176.4% | -8.7% | -11.6% | -382.7% | 9.2% | -11.1% | 14.3% | -1.9% | -0.6% | -21.5% | -32.0% | -36.8% |
| — | -2010.8% | +21.5% | -181.3% | -19607.0% | +1597.8% | +48.6% | +144.6% | +94.7% | +96.2% | +73.3% | +39.2% | +27.4% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -91.6% | -26.9% | -2.1% | -2.9% | -64.8% | 2.0% | -2.5% | 3.3% | -0.4% | -0.1% | -3.2% | -3.6% | -3.8% |
| — | -1430.7% | +18.5% | -187.1% | -17193.7% | +1851.5% | +19.7% | +192.1% | +90.2% | +96.2% | +81.5% | +73.9% | +69.6% | |
| ROA | -59.8% | -16.2% | -1.2% | -1.7% | -41.5% | 1.4% | -1.7% | 2.3% | -0.3% | -0.1% | -2.1% | -2.5% | -2.7% |
| — | -1298.9% | +26.4% | -172.1% | -15764.1% | +1807.9% | +20.8% | +193.3% | +90.1% | +95.8% | +73.2% | +63.9% | +64.3% | |
| ROIC | -9.5% | 72.9% | -0.8% | -1.3% | -50.2% | 1.9% | 2.2% | 2.7% | 0.4% | 0.2% | -2.5% | -3.3% | -4.5% |
| — | +3828.9% | -136.5% | -146.5% | -14146.8% | +739.4% | +188.1% | +180.7% | +108.0% | +107.5% | +80.4% | +78.7% | +74.5% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Aspen Aerogels, Inc.'s Debt/EBITDA ratio is 0.5x, down from 73.4x last quarter — comfortably within a safe range.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.61 | 0.61 | 0.49 | 0.56 | 0.57 | 0.32 | 0.40 | 0.29 | 0.30 | 0.28 | 0.33 | 0.32 | 0.28 |
| — | +90.0% | +22.4% | +92.6% | +93.1% | +12.9% | +20.9% | -8.6% | +5.8% | +6.5% | -51.4% | -57.2% | -55.7% | |
| Debt / EBITDA | — | 0.50 | 73.43 | 270.16 | — | 9.80 | 8.97 | 5.81 | 17.78 | 20.97 | — | — | — |
| — | -94.8% | +718.9% | +4553.6% | — | -53.3% | — | — | — | — | — | — | — | |
| Current Ratio | 3.90 | 3.90 | 3.94 | 3.98 | 4.22 | 3.72 | 2.93 | 3.46 | 4.01 | 3.41 | 3.27 | 3.47 | 4.30 |
| — | +4.9% | +34.5% | +15.0% | +5.2% | +9.0% | -10.3% | -0.5% | -6.7% | -27.2% | +69.4% | +16.0% | -19.9% | |
| Quick Ratio | 3.29 | 3.29 | 3.33 | 3.31 | 3.53 | 3.29 | 2.48 | 2.82 | 3.29 | 2.91 | 2.71 | 2.97 | 3.91 |
| — | -0.0% | +34.6% | +17.3% | +7.1% | +13.0% | -8.5% | -4.9% | -15.8% | -33.9% | +61.6% | +7.7% | -22.3% | |
| Interest Coverage | 0.94 | -26.03 | -0.93 | -1.67 | -151.99 | 4.17 | -3.86 | 6.81 | 0.69 | 0.82 | -5.75 | -72.09 | -60.08 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
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Aspen Aerogels, Inc.'s current P/E is -1.1x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Aspen Aerogels, Inc.'s current operating margin is -19.0%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Aspen Aerogels, Inc.'s business trajectory between earnings reports.