Last 47 quarters of trend data · Technology · Software - Application
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Materialise N.V.'s quarterly P/E stands at 40.5x, up 52.4% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 25.7% YoY to 8.4x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 19.09 | 40.46 | 415.44 | — | 35.70 | 26.55 | 19.06 | 21.57 | — | 19.61 | — | 33.25 | — |
| — | +52.4% | +2079.2% | — | — | +35.4% | — | -35.1% | — | -82.4% | — | -98.4% | — | |
| P/S Ratio | 0.97 | 1.13 | 1.29 | 1.09 | 1.58 | 1.18 | 1.08 | 1.23 | 1.49 | 1.35 | 1.97 | 1.86 | 2.07 |
| — | -4.3% | +19.7% | -10.7% | +6.7% | -12.6% | -45.4% | -34.1% | -28.3% | -50.3% | -43.2% | -65.5% | -61.7% | |
| P/B Ratio | 1.04 | 1.40 | 1.34 | 1.17 | 1.68 | 1.31 | 1.22 | 1.30 | 1.48 | 1.37 | 2.19 | 2.10 | 2.13 |
| — | +6.5% | +9.9% | -10.1% | +12.9% | -4.4% | -44.3% | -38.1% | -30.2% | -48.8% | -36.2% | -57.0% | -60.1% | |
| P/FCF | 50.98 | 17.30 | — | 9.22 | — | — | — | 10.93 | — | 14.34 | — | 15.77 | — |
| — | — | — | -15.6% | — | — | — | -30.7% | — | — | — | -58.0% | — | |
| EV / EBITDA | 6.33 | 8.37 | 8.56 | 9.20 | 20.51 | 6.66 | 6.27 | 7.57 | 18.73 | 8.18 | 23.30 | 10.33 | 29.59 |
| — | +25.7% | +36.6% | +21.5% | +9.5% | -18.6% | -73.1% | -26.8% | -36.7% | -44.9% | -45.0% | -78.7% | -4.1% | |
| EV / EBIT | 20.98 | 20.21 | 18.21 | 22.55 | — | 12.98 | 9.10 | 12.40 | — | 12.33 | 24.31 | 18.25 | — |
| — | +55.7% | +100.1% | +81.8% | — | +5.3% | -62.6% | -32.0% | — | -65.2% | — | -99.7% | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Materialise N.V.'s operating margin was 3.8% in Q3 2025, down 0.4 pp QoQ and down 2.5 pp YoY. The trailing four-quarter average of 1.7% lags the current quarter, suggesting the recent improvement is above-trend.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 56.5% | 56.8% | 58.3% | 55.3% | 55.4% | 57.2% | 57.0% | 56.5% | 57.5% | 56.0% | 57.2% | 55.9% | 56.9% |
| — | -0.7% | +2.2% | -2.0% | -3.7% | +2.1% | -0.2% | +1.0% | +1.1% | +1.5% | +3.6% | +2.5% | -4.9% | |
| Operating Margin | 3.5% | 3.8% | 4.2% | 0.9% | -1.9% | 6.3% | 5.5% | 4.1% | -1.7% | 3.9% | -0.9% | 7.6% | -2.5% |
| — | -39.4% | -23.8% | -78.7% | -13.3% | +62.1% | +699.8% | -46.5% | +31.3% | -43.5% | +50.7% | +8100.9% | -136.3% | |
| Net Margin | 5.0% | 2.8% | 0.3% | -0.8% | 4.4% | 4.4% | 5.6% | 5.6% | -0.8% | 6.7% | -0.8% | 5.6% | -7.3% |
| — | -37.1% | -94.6% | -114.2% | +648.0% | -33.6% | +849.4% | -0.1% | +88.9% | +174.0% | -148.4% | +2132.3% | -188.3% |
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 5.5% | 0.9% | 0.1% | -0.2% | 1.2% | 1.2% | 1.6% | 1.4% | -0.2% | 1.7% | -0.2% | 1.6% | -1.9% |
| — | -30.3% | -95.0% | -115.0% | +653.9% | -27.3% | +868.2% | -8.1% | +88.9% | +183.6% | -154.3% | +2796.5% | -187.1% | |
| ROA | 3.4% | 0.5% | 0.1% | -0.1% | 0.7% | 0.8% | 1.0% | 0.9% | -0.1% | 1.0% | -0.1% | 0.9% | -1.1% |
| — | -31.2% | -94.9% | -115.7% | +680.1% | -24.0% | +911.7% | -1.8% | +88.2% | +197.3% | -155.8% | +2800.7% | -188.0% | |
| ROIC | 3.9% | 1.2% | 1.1% | 0.2% | -0.5% | 1.8% | 1.6% | 1.1% | -0.5% | 1.0% | -0.3% | 2.2% | -0.7% |
| — | -33.3% | -32.3% | -78.2% | -10.6% | +74.3% | +718.1% | -50.4% | +30.5% | -43.7% | +48.4% | +9088.5% | -128.9% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Materialise N.V.'s Debt/EBITDA ratio is 7.6x, up from 6.8x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 30.9% YoY to 2.37x, strengthening the short-term liquidity position. Debt/Equity has risen for 3 consecutive quarters, indicating increasing financial leverage that investors should watch closely.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.17 | 0.26 | 0.22 | 0.15 | 0.17 | 0.21 | 0.24 | 0.25 | 0.27 | 0.28 | 0.31 | 0.32 | 0.35 |
| — | +19.1% | -9.7% | -41.1% | -39.0% | -23.3% | -23.2% | -22.9% | -23.1% | -21.1% | -19.4% | -19.3% | -17.0% | |
| Debt / EBITDA | 1.32 | 7.60 | 6.79 | 6.01 | 9.53 | 5.42 | 6.37 | 7.44 | 16.75 | 8.45 | 15.12 | 7.34 | 22.44 |
| — | +40.2% | +6.7% | -19.2% | -43.1% | -35.8% | -57.9% | +1.4% | -25.4% | -4.1% | -28.3% | -56.9% | +109.4% | |
| Current Ratio | 1.86 | 2.37 | 2.16 | 1.88 | 1.86 | 1.81 | 1.84 | 1.91 | 1.92 | 2.15 | 2.11 | 2.03 | 2.00 |
| — | +30.9% | +17.5% | -1.2% | -3.1% | -15.7% | -12.7% | -6.1% | -3.8% | +2.6% | -7.2% | -15.7% | -28.2% | |
| Quick Ratio | 1.70 | 2.20 | 2.00 | 1.72 | 1.70 | 1.65 | 1.68 | 1.75 | 1.76 | 1.97 | 1.94 | 1.88 | 1.85 |
| — | +33.2% | +19.6% | -1.5% | -3.6% | -16.2% | -13.8% | -7.1% | -4.7% | +1.3% | -8.8% | -17.4% | -30.6% | |
| Interest Coverage | 5.72 | 4.34 | 0.68 | 0.21 | — | 2.34 | 2.46 | 3.24 | -4.29 | 1.50 | -0.89 | 3.63 | -0.37 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
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Start ComparisonMaterialise N.V.'s current P/E is 19.1x. The average P/E over the last 3 quarters is 163.9x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Materialise N.V.'s current operating margin is 3.5%. 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 Materialise N.V.'s business trajectory between earnings reports.