Last 33 quarters of trend data · Communication Services · Internet Content & Information
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Opera Limited's quarterly P/E stands at 19.4x, up 0.5% year-over-year.
| 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 → | 13.88 | 19.40 | 27.79 | 19.92 | 14.80 | 19.31 | 15.95 | 23.25 | 2.40 | 15.65 | 33.12 | 14.13 | 7.15 |
| — | +0.5% | +74.2% | -14.3% | +517.4% | +23.4% | -51.8% | +64.6% | -66.5% | +15.4% | — | — | — | |
| P/S Ratio | 2.33 | 2.32 | 2.99 | 2.52 | 2.91 | 2.81 | 2.86 | 3.46 | 2.61 | 2.50 | 4.82 | 2.65 | 1.55 |
| — | -17.3% | +4.5% | -27.3% | +11.3% | +12.0% | -40.7% | +30.8% | +69.1% | +72.8% | +196.5% | +10.7% | -44.8% | |
| P/B Ratio | 1.19 | 1.49 | 1.79 | 1.55 | 1.80 | 1.52 | 1.36 | 1.56 | 1.28 | 1.25 | 2.22 | 1.11 | 0.67 |
| — | -1.9% | +31.4% | -1.1% | +40.6% | +20.9% | -38.8% | +41.4% | +91.6% | +152.0% | +334.4% | +62.0% | -16.5% | |
| P/FCF | 15.06 | 15.67 | 14.11 | 23.42 | 21.49 | 11.23 | 21.69 | 32.70 | 11.96 | 16.08 | 31.83 | 9.47 | 7.01 |
| — | +39.6% | -35.0% | -28.4% | +79.7% | -30.2% | -31.9% | +245.4% | +70.7% | +106.5% | — | -30.8% | -43.9% | |
| EV / EBITDA | 9.30 | 11.93 | 17.40 | 13.17 | 12.37 | 11.76 | 11.17 | 14.69 | 11.65 | 12.35 | 27.13 | 12.17 | 8.32 |
| — | +1.4% | +55.8% | -10.3% | +6.2% | -4.8% | -58.8% | +20.6% | +40.0% | +190.8% | +329.9% | -58.0% | -61.7% | |
| EV / EBIT | 10.87 | 14.31 | 22.00 | 16.06 | 11.57 | 14.03 | 13.00 | 16.96 | 13.89 | 13.89 | 29.20 | 11.04 | — |
| — | +2.0% | +69.3% | -5.3% | -16.7% | +1.0% | -55.5% | +53.7% | — | +222.6% | +318.1% | -91.4% | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Opera Limited's operating margin was 14.7% in Q3 2025, up 2.1 pp QoQ and down 4.1 pp YoY. Gross margin contracted 10.6% YoY, suggesting cost inflation or competitive pricing pressure.
| 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 | 72.4% | 65.4% | 64.4% | 64.5% | 67.2% | 73.1% | 74.8% | 76.4% | 56.5% | 75.4% | 76.0% | 80.6% | 80.3% |
| — | -10.6% | -13.9% | -15.6% | +19.0% | -3.0% | -1.6% | -5.2% | -29.7% | -7.5% | -10.3% | -9.2% | -13.1% | |
| Operating Margin | 19.2% | 14.7% | 12.7% | 14.8% | 18.9% | 18.8% | 20.0% | 19.2% | 18.0% | 15.7% | 13.3% | 16.0% | 13.6% |
| — | -21.7% | -36.7% | -23.2% | +5.1% | +20.1% | +50.2% | +19.9% | +32.7% | -17.3% | -7.8% | +754.8% | +160.4% | |
| Net Margin | 16.8% | 12.3% | 11.0% | 12.8% | 19.7% | 14.6% | 17.6% | 14.6% | 95.1% | 16.4% | 14.4% | 17.8% | 21.7% |
| — | -15.8% | -37.7% | -12.1% | -79.3% | -11.2% | +22.3% | -18.1% | +337.5% | +49.2% | +291.8% | +234.9% | +114.0% |
| 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 | 8.7% | 2.0% | 1.7% | 2.0% | 3.1% | 2.0% | 2.1% | 1.6% | 12.4% | 2.1% | 1.6% | 1.8% | 2.2% |
| — | +0.0% | -21.4% | +20.1% | -74.9% | -5.0% | +28.9% | -9.4% | +455.6% | +117.5% | +380.0% | +292.0% | +121.1% | |
| ROA | 7.8% | 1.7% | 1.5% | 1.7% | 2.8% | 1.8% | 1.9% | 1.5% | 11.2% | 1.9% | 1.5% | 1.6% | 2.1% |
| — | -1.5% | -22.9% | +17.9% | -75.3% | -4.6% | +29.4% | -10.5% | +447.1% | +110.8% | +371.2% | +289.4% | +121.1% | |
| ROIC | 8.3% | 2.0% | 1.6% | 1.9% | 2.5% | 2.1% | 2.0% | 1.8% | 1.9% | 1.6% | 1.3% | 1.3% | 1.2% |
| — | -5.0% | -18.4% | +7.6% | +30.9% | +29.1% | +57.3% | +35.3% | +65.0% | +13.9% | +31.1% | +1078.8% | +309.2% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Opera Limited's Debt/EBITDA ratio is 0.3x, down from 0.4x last quarter — comfortably within a safe range. The current ratio has improved 9.6% YoY to 2.31x, strengthening the short-term liquidity position.
| 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 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| — | -5.3% | -3.0% | -13.6% | -11.1% | -5.0% | +6.3% | +42.5% | +30.0% | +161.5% | +190.7% | +80.9% | -33.8% | |
| Debt / EBITDA | 0.09 | 0.32 | 0.43 | 0.37 | 0.30 | 0.33 | 0.37 | 0.47 | 0.45 | 0.44 | 0.51 | 0.40 | 0.47 |
| — | -1.2% | +14.7% | -20.9% | -32.9% | -25.5% | -26.5% | +18.0% | -5.5% | +118.8% | +121.3% | -57.2% | -70.8% | |
| Current Ratio | 2.29 | 2.31 | 2.43 | 2.17 | 2.29 | 2.10 | 2.51 | 2.10 | 2.56 | 4.69 | 4.30 | 5.16 | 5.29 |
| — | +9.6% | -3.4% | +3.1% | -10.4% | -55.2% | -41.6% | -59.3% | -51.6% | -16.4% | -40.8% | -29.0% | -30.8% | |
| Quick Ratio | 2.29 | 2.31 | 2.43 | 2.17 | 2.29 | 2.10 | 2.51 | 2.10 | 2.56 | 4.69 | 4.30 | 5.16 | 5.29 |
| — | +9.6% | -3.4% | +3.1% | -10.4% | -55.2% | -41.6% | -59.3% | -51.6% | -16.4% | -40.8% | -29.0% | -30.8% | |
| Interest Coverage | 174.08 | 194.58 | 81.21 | 175.63 | 281.21 | 198.16 | 126.84 | 137.85 | 5.93 | 174.76 | 156.69 | 37.50 | 0.36 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 33 years · Updated daily
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Start ComparisonOpera Limited's current P/E is 13.9x. The average P/E over the last 4 quarters is 20.5x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Opera Limited's current operating margin is 19.2%. Margins have been compressing 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 Opera Limited's business trajectory between earnings reports.