Neptune Insurance Holdings Inc. (NP) Financial Ratios
3 years of historical data (2023–2025) · Technology · Software - Application
EV/EBITDA
37.31
↓-27% vs avg
5yr avg: 50.97
30Y Low51.0·High51.0
P/FCF
60.51
↓-28% vs avg
5yr avg: 84.47
30Y Low84.5·High84.5
P/B Ratio
N/A
—
5yr avg: N/A
ROE
N/A
—
5yr avg: N/A
Debt/EBITDA
↓
2.87
+2% vs avg
5yr avg: 2.80
30Y Low1.9·High3.7
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
NP Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Neptune Insurance Holdings Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 60.5x P/FCF, 28% below the 5-year average of 84.5x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Market Cap | $2.9B | $4.0B | — | — |
| Enterprise Value | $3.1B | $4.3B | — | — |
| P/E Ratio → | -152.35 | — | — | — |
| P/S Ratio | 18.09 | 25.25 | — | — |
| P/B Ratio | — | — | — | — |
| P/FCF | 60.51 | 84.47 | — | — |
| P/OCF | 55.86 | 77.97 | — | — |
P/E links to full P/E history page with 30-year chart
NP EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Neptune Insurance Holdings Inc.'s enterprise value stands at 37.3x EBITDA, 27% below its 5-year average of 51.0x. The Technology sector median is 17.5x, placing the stock at a 114% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| EV / Revenue | — | 26.70 | — | — |
| EV / EBITDA | 37.31 | 50.97 | — | — |
| EV / EBIT | 39.04 | 59.27 | — | — |
| EV / FCF | — | 89.33 | — | — |
NP Profitability
Margins and return-on-capital ratios measuring operating efficiency
Neptune Insurance Holdings Inc. earns an operating margin of 50.1%. Operating margins have compressed from 53.5% to 50.1% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROIC of 1340.1% represents excellent returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Gross Margin | 64.6% | 64.6% | 66.4% | 64.2% |
| Operating Margin | 50.1% | 50.1% | 57.4% | 53.5% |
| Net Profit Margin | 23.4% | 23.4% | 29.0% | 21.1% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| ROE | — | — | — | — |
| ROA | 66.0% | 66.0% | 77.0% | 42.9% |
| ROIC | 1340.1% | 1340.1% | — | — |
| ROCE | 1321.0% | 1321.0% | 1127.1% | 361.7% |
NP Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Neptune Insurance Holdings Inc. carries a Debt/EBITDA ratio of 2.9x, which is moderately leveraged (roughly in line with the sector average of 2.9x). Net debt stands at $232M ($240M total debt minus $8M cash). Interest coverage of 3.9x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Debt / Equity | — | — | — | — |
| Debt / EBITDA | 2.87 | 2.87 | 1.87 | 3.67 |
| Net Debt / Equity | — | — | — | — |
| Net Debt / EBITDA | 2.78 | 2.78 | 1.77 | 3.50 |
| Debt / FCF | — | 4.86 | 2.74 | 11.41 |
| Interest Coverage | 3.94 | 3.94 | 3.65 | 2.12 |
NP Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.99x is below 1.0, meaning current liabilities exceed current assets.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Current Ratio | 0.99 | 0.99 | 0.73 | 1.03 |
| Quick Ratio | 0.99 | 0.99 | 0.73 | 1.03 |
| Cash Ratio | 0.15 | 0.15 | 0.15 | 0.28 |
| Asset Turnover | — | 2.44 | 2.48 | 2.04 |
| Inventory Turnover | — | — | — | — |
| Days Sales Outstanding | — | — | 20.52 | 20.97 |
NP Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Neptune Insurance Holdings Inc. returns 4.2% to shareholders annually primarily through dividends. The payout ratio exceeds 100% at 467.8%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Dividend Yield | 4.2% | 4.3% | — | — |
| Payout Ratio | 467.8% | 467.8% | — | 1895.5% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Earnings Yield | — | — | — | — |
| FCF Yield | 1.7% | 1.2% | — | — |
| Buyback Yield | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 4.2% | 4.3% | — | — |
| Shares Outstanding | — | $138M | $9M | $9M |
Peer Comparison
Compare NP with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 NPYou | $3B | -152.3 | 37.3 | 60.5 | 64.6% | 50.1% | — | 1340.1% | 2.9 |
 HCI | $2B | 6.1 | 1.9 | 4.5 | 73.2% | 47.7% | 37.8% | 675.0% | 0.2 |
 UPC | $2M | -0.0 | — | — | 35.3% | -16.3% | -7.2% | -7.8% | — |
 HRTG | $861M | 4.4 | 1.5 | 4.9 | 63.0% | 30.6% | 49.1% | 1539.6% | 0.4 |
 ALL | $55B | 5.6 | 4.5 | 5.6 | 33.2% | 19.8% | 39.6% | 29.8% | 0.5 |
 TRV | $65B | 10.9 | 8.6 | — | 44.3% | 16.0% | 20.7% | 15.3% | 1.1 |
 CB | $125B | 12.5 | 10.9 | 8.6 | 29.4% | 21.8% | 13.9% | 10.8% | 1.7 |
 PGR | $115B | 13.6 | 11.0 | 7.7 | 27.7% | 14.2% | 37.0% | 27.0% | 0.6 |
 CINF | $25B | 10.7 | 7.8 | 8.2 | 50.1% | 23.6% | 16.0% | 15.3% | 0.3 |
 AFG | $11B | 13.1 | 9.5 | 7.8 | 46.3% | 13.1% | 18.1% | 16.3% | 1.6 |
 RNR | $13B | 5.3 | 3.4 | 3.5 | 40.7% | 31.5% | 14.6% | 16.0% | 0.6 |
| Technology Median | — | 27.7 | 17.5 | 19.2 | 48.5% | -0.6% | 2.4% | 2.9% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonNP — Frequently Asked Questions
Quick answers to the most common questions about buying NP stock.
What is Neptune Insurance Holdings Inc.'s P/E ratio?
Neptune Insurance Holdings Inc.'s current P/E ratio is -152.3x. This places it at the 50th percentile of its historical range.
What is Neptune Insurance Holdings Inc.'s EV/EBITDA?
Neptune Insurance Holdings Inc.'s current EV/EBITDA is 37.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 51.0x.
Is NP stock overvalued?
Based on historical data, Neptune Insurance Holdings Inc. is trading at a P/E of -152.3x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Neptune Insurance Holdings Inc.'s dividend yield?
Neptune Insurance Holdings Inc.'s current dividend yield is 4.16% with a payout ratio of 467.8%.
What are Neptune Insurance Holdings Inc.'s profit margins?
Neptune Insurance Holdings Inc. has 64.6% gross margin and 50.1% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Neptune Insurance Holdings Inc. have?
Neptune Insurance Holdings Inc.'s Debt/EBITDA ratio is 2.9x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.