NETGEAR, Inc. (NTGR) Financial Ratios
24 years of historical data (2002–2025) · Technology · Communication Equipment
EV/EBITDA
↑
N/A
—
5yr avg: 19.41
30Y Low3.4·High30.5
P/FCF
↓
N/A
—
5yr avg: 6.85
30Y Low5.3·High74.4
P/B Ratio
↑
1.34
+13% vs avg
5yr avg: 1.18
30Y Low0.8·High3.4
ROE
↓
-6.3%
↑-24% vs avg
5yr avg: -5.1%
30Y Low-18%·High25%
Debt/EBITDA
↑
N/A
—
5yr avg: 0.99
30Y Low0.3·High1.6
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
NTGR Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
NETGEAR, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $630M | $709M | $827M | $428M | $525M | $906M | $1.2B | $783M | $1.7B | $1.9B | $1.8B |
| Enterprise Value | $471M | $550M | $571M | $293M | $424M | $670M | $933M | $628M | $1.5B | $1.7B | $1.6B |
| P/E Ratio → | -20.22 | — | 66.36 | — | — | 18.37 | 21.38 | 30.26 | — | 99.58 | 24.16 |
| P/S Ratio | 0.91 | 1.02 | 1.23 | 0.58 | 0.56 | 0.78 | 0.99 | 0.78 | 1.63 | 1.38 | 1.38 |
| P/B Ratio | 1.34 | 1.42 | 1.53 | 0.80 | 0.85 | 1.30 | 1.81 | 1.29 | 2.75 | 2.66 | 2.30 |
| P/FCF | — | — | 5.31 | 8.38 | — | — | 7.29 | — | — | 26.29 | 17.59 |
| P/OCF | 392.45 | 441.25 | 5.02 | 7.53 | — | — | 6.87 | 57.93 | — | 22.18 | 15.92 |
P/E links to full P/E history page with 30-year chart
NTGR EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.79 | 0.85 | 0.40 | 0.45 | 0.57 | 0.74 | 0.63 | 1.44 | 1.24 | 1.20 |
| EV / EBITDA | — | — | 30.51 | — | — | 8.32 | 9.88 | 13.77 | 26.46 | 15.93 | 10.91 |
| EV / EBIT | — | — | — | — | — | 10.05 | 12.35 | 23.98 | 39.34 | 40.85 | 13.84 |
| EV / FCF | — | — | 3.67 | 5.74 | — | — | 5.46 | — | — | 23.54 | 15.28 |
NTGR Profitability
Margins and return-on-capital ratios measuring operating efficiency
NETGEAR, Inc. earns an operating margin of -5.1%. A negative ROE of -6.3% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 36.2% | 36.2% | 29.1% | 33.6% | 26.9% | 31.3% | 29.6% | 29.5% | 32.3% | 28.1% | 31.0% |
| Operating Margin | -5.1% | -5.1% | 1.8% | -4.5% | -8.9% | 5.7% | 6.0% | 2.6% | 3.7% | 6.2% | 8.6% |
| Net Profit Margin | -4.7% | -4.7% | 1.8% | -14.1% | -7.4% | 4.2% | 4.6% | 2.6% | -0.2% | 1.4% | 5.7% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -6.3% | -6.3% | 2.3% | -18.1% | -10.5% | 7.1% | 9.0% | 4.2% | -0.4% | 2.5% | 10.1% |
| ROA | -3.9% | -3.9% | 1.5% | -11.2% | -6.6% | 4.5% | 5.7% | 2.6% | -0.2% | 1.6% | 6.8% |
| ROIC | -8.4% | -8.4% | 2.7% | -5.4% | -12.7% | 11.9% | 13.6% | 4.5% | 6.1% | 12.0% | 15.8% |
| ROCE | -6.0% | -6.0% | 2.1% | -5.3% | -11.8% | 9.0% | 10.8% | 4.0% | 5.4% | 10.7% | 14.6% |
NTGR Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $210M exceeds total debt of $51M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.10 | 0.10 | 0.06 | 0.08 | 0.07 | 0.04 | 0.05 | 0.06 | — | — | — |
| Debt / EBITDA | — | — | 1.64 | — | — | 0.35 | 0.37 | 0.76 | — | — | — |
| Net Debt / Equity | — | -0.32 | -0.47 | -0.25 | -0.16 | -0.34 | -0.45 | -0.26 | -0.32 | -0.28 | -0.30 |
| Net Debt / EBITDA | — | — | -13.66 | — | — | -2.93 | -3.30 | -3.41 | -3.49 | -1.86 | -1.65 |
| Debt / FCF | — | — | -1.64 | -2.65 | — | — | -1.82 | — | — | -2.75 | -2.31 |
| Interest Coverage | — | — | — | — | — | — | — | — | — | — | — |
Net cash position: cash ($210M) exceeds total debt ($51M)
NTGR Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
NETGEAR, Inc.'s current ratio of 2.69x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 1.99x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 2.83x to 2.69x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.69 | 2.69 | 2.81 | 2.83 | 2.41 | 2.59 | 2.45 | 2.49 | 2.23 | 2.39 | 2.70 |
| Quick Ratio | 1.99 | 1.99 | 2.20 | 1.89 | 1.55 | 1.66 | 1.98 | 1.70 | 1.60 | 1.81 | 2.00 |
| Cash Ratio | 1.29 | 1.29 | 1.51 | 1.07 | 0.66 | 0.80 | 0.97 | 0.66 | 0.71 | 0.78 | 1.03 |
| Asset Turnover | — | 0.83 | 0.79 | 0.87 | 0.91 | 1.08 | 1.13 | 1.04 | 1.01 | 1.16 | 1.12 |
| Inventory Turnover | 2.51 | 2.51 | 2.94 | 1.98 | 2.28 | 2.54 | 5.13 | 2.99 | 2.94 | 4.11 | 3.70 |
| Days Sales Outstanding | — | 74.78 | 84.62 | 91.18 | 108.62 | 81.61 | 98.01 | 101.29 | 104.68 | 66.19 | 86.24 |
NTGR Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
NETGEAR, Inc. returns 8.0% to shareholders annually primarily through share buybacks.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 1.5% | — | — | 5.4% | 4.7% | 3.3% | — | 1.0% | 4.1% |
| FCF Yield | — | — | 18.8% | 11.9% | — | — | 13.7% | — | — | 3.8% | 5.7% |
| Buyback Yield | 8.0% | 7.1% | 4.4% | 0.7% | 5.6% | 9.1% | 2.3% | 10.5% | 2.2% | 6.2% | 2.3% |
| Total Shareholder Yield | 8.0% | 7.1% | 4.4% | 0.7% | 5.6% | 9.1% | 2.3% | 10.5% | 2.2% | 6.2% | 2.3% |
| Shares Outstanding | — | $29M | $30M | $29M | $29M | $31M | $31M | $32M | $33M | $33M | $34M |
Peer Comparison
Compare NTGR 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 |
|---|---|---|---|---|---|---|---|---|---|
 NTGRYou | $630M | -20.2 | — | — | 36.2% | -5.1% | -6.3% | -8.4% | — |
 CALX | $2B | 146.0 | 60.3 | 21.2 | 56.8% | 2.1% | 2.2% | 2.1% | 0.7 |
 SMCI | $18B | 18.3 | 13.7 | 12.0 | 11.1% | 5.7% | 17.9% | 15.9% | 3.6 |
 CSCO | $471B | 46.9 | 33.6 | 35.5 | 64.9% | 20.8% | 22.1% | 13.0% | 1.9 |
 ANET | $214B | 61.7 | 53.9 | 50.2 | 64.1% | 42.8% | 31.4% | 32.8% | — |
 HPE | $63B | -1063.0 | 18.5 | 100.1 | 28.8% | 4.8% | 0.2% | 3.4% | 5.5 |
 COMM | $4B | -10.0 | 18.2 | 15.9 | 31.8% | 7.9% | — | 3.7% | 13.4 |
 QCOM | $238B | 45.1 | 17.7 | 18.6 | 55.4% | 27.9% | 23.3% | 29.1% | 1.2 |
 MRVL | $272B | 101.2 | 104.2 | 194.6 | 51.0% | 16.3% | 19.3% | 6.0% | 1.8 |
 MTSI | $30B | -536.2 | 157.0 | 154.9 | 54.9% | 13.4% | -4.4% | 6.0% | 2.8 |
 AMZN | $2.6T | 34.1 | 18.5 | 341.6 | 50.3% | 11.2% | 22.3% | 14.7% | 1.0 |
| Technology Median | — | 29.0 | 16.7 | 19.2 | 48.8% | 0.2% | 1.6% | 2.7% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 24 years · Updated daily
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NTGR — Frequently Asked Questions
Quick answers to the most common questions about buying NTGR stock.
What is NETGEAR, Inc.'s P/E ratio?
NETGEAR, Inc.'s current P/E ratio is -20.2x. The historical average is 39.3x.
What is NETGEAR, Inc.'s ROE?
NETGEAR, Inc.'s return on equity (ROE) is -6.3%. The historical average is 6.4%.
Is NTGR stock overvalued?
Based on historical data, NETGEAR, Inc. is trading at a P/E of -20.2x. Compare with industry peers and growth rates for a complete picture.
What are NETGEAR, Inc.'s profit margins?
NETGEAR, Inc. has 36.2% gross margin and -5.1% operating margin.