Planet Labs PBC (PL) Financial Ratios
7 years of historical data (2020–2026) · Industrials · Aerospace & Defense
EV/EBITDA
N/A
—
5yr avg: N/A
P/FCF
201.12
↑+51% vs avg
5yr avg: 133.32
30Y Low133.3·High133.3
P/B Ratio
↑
64.83
↑+538% vs avg
5yr avg: 10.16
30Y Low1.2·High40.8
ROE
↓
-78.4%
↑-104% vs avg
5yr avg: -38.5%
30Y Low-78%·High-26%
Debt/EBITDA
N/A
—
5yr avg: N/A
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
PL Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Planet Labs PBC 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 201.1x P/FCF, 51% above the 5-year average of 133.3x.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| Market Cap | $11.6B | $7.7B | $1.8B | $632M | $1.3B | $1.6B | — | — |
| Enterprise Value | $11.8B | $7.9B | $1.7B | $573M | $1.2B | $1.1B | — | — |
| P/E Ratio → | -49.61 | — | — | — | — | — | — | — |
| P/S Ratio | 37.68 | 24.98 | 7.29 | 2.86 | 6.91 | 12.19 | — | — |
| P/B Ratio | 64.83 | 40.79 | 4.04 | 1.22 | 2.30 | 2.47 | — | — |
| P/FCF | 201.12 | 133.32 | — | — | — | — | — | — |
| P/OCF | 86.29 | 57.20 | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
PL EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 25.73 | 6.87 | 2.60 | 6.08 | 8.45 | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — |
| EV / FCF | — | 137.35 | — | — | — | — | — | — |
PL Profitability
Margins and return-on-capital ratios measuring operating efficiency
Planet Labs PBC earns an operating margin of -30.9%, below the Industrials sector average of 4.9%. Operating margins have expanded from -76.9% to -30.9% over the past 3 years, signaling improving operational efficiency. A negative ROE of -78.4% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 56.1% | 56.1% | 57.2% | 51.2% | 49.2% | 36.8% | 22.8% | -7.0% |
| Operating Margin | -30.9% | -30.9% | -47.5% | -76.9% | -91.9% | -97.6% | -77.3% | -111.2% |
| Net Profit Margin | -80.2% | -80.2% | -50.4% | -63.7% | -84.7% | -104.5% | -112.3% | -129.2% |
Return on Capital
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| ROE | -78.4% | -78.4% | -25.7% | -25.7% | -26.5% | -36.3% | -78.2% | -56.8% |
| ROA | -27.7% | -27.7% | -18.4% | -19.3% | -20.6% | -22.5% | -33.3% | -34.1% |
| ROIC | -18.8% | -18.8% | -21.8% | -29.1% | -45.9% | -53.7% | -28.9% | -31.5% |
| ROCE | -16.3% | -16.3% | -22.0% | -28.4% | -26.6% | -26.1% | -30.0% | -36.5% |
PL Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Net debt stands at $232M ($462M total debt minus $230M cash).
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 2.45 | 2.45 | 0.05 | 0.05 | 0.04 | — | 1.52 | 0.26 |
| Debt / EBITDA | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | 1.23 | -0.23 | -0.11 | -0.28 | -0.76 | 0.86 | 0.16 |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — |
| Debt / FCF | — | 4.03 | — | — | — | — | — | — |
| Interest Coverage | -27.67 | -27.67 | — | — | — | -14.60 | -9.26 | -15.33 |
PL Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.65x means Planet Labs PBC can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 2.71x to 1.65x over the past 3 years.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.65 | 1.65 | 2.13 | 2.71 | 3.89 | 4.18 | 1.15 | 0.85 |
| Quick Ratio | 1.64 | 1.64 | 2.13 | 2.71 | 3.89 | 4.18 | 1.15 | 0.85 |
| Cash Ratio | 1.36 | 1.36 | 1.61 | 2.19 | 3.34 | 3.72 | 0.65 | 0.30 |
| Asset Turnover | — | 0.27 | 0.39 | 0.31 | 0.25 | 0.16 | 0.28 | 0.26 |
| Inventory Turnover | 22.11 | 22.11 | — | — | — | — | — | — |
| Days Sales Outstanding | — | 99.07 | 83.40 | 71.65 | 74.34 | 123.44 | 151.94 | 105.71 |
PL Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Planet Labs PBC does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — |
| FCF Yield | 0.5% | 0.8% | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 1.4% | 0.5% | 0.4% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 1.4% | 0.5% | 0.4% | — | — |
| Shares Outstanding | — | $308M | $292M | $280M | $267M | $262M | $43M | $43M |
Peer Comparison
Compare PL 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 |
|---|---|---|---|---|---|---|---|---|---|
 PLYou | $12B | -49.6 | — | 201.1 | 56.1% | -30.9% | -78.4% | -18.8% | — |
 BKSY | $1B | -19.4 | — | — | — | — | -74.4% | — | — |
 SATL | $958M | -39.7 | — | — | — | — | -91.7% | — | — |
 SPIR | $602B | 11.4 | — | — | 40.8% | -121.4% | 0.1% | -0.1% | — |
 ASTS | $21B | -52.7 | — | — | 53.4% | -405.7% | -18.9% | -47.1% | — |
 MNTS | $3M | -0.1 | — | — | 96.9% | -1404.1% | — | -734.0% | — |
 LHX | $56B | 35.4 | 19.3 | 21.0 | 25.7% | 10.0% | 8.2% | 5.4% | 3.1 |
 NOC | $79B | 19.2 | 16.5 | 24.0 | 19.8% | 10.2% | 26.2% | 10.2% | 3.4 |
 RKLB | $49B | -228.8 | — | — | 34.4% | -38.0% | -18.8% | -19.9% | — |
 BA | $181B | 92.7 | — | — | 4.8% | -6.1% | 289.7% | -9.5% | — |
 RTX | $238B | 35.6 | 21.0 | 30.0 | 20.1% | 10.0% | 10.4% | 6.7% | 3.1 |
| Industrials Median | — | 25.9 | 13.9 | 20.6 | 32.8% | 4.9% | 8.2% | 6.3% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonPL — Frequently Asked Questions
Quick answers to the most common questions about buying PL stock.
What is Planet Labs PBC's P/E ratio?
Planet Labs PBC's current P/E ratio is -49.6x. This places it at the 50th percentile of its historical range.
What is Planet Labs PBC's ROE?
Planet Labs PBC's return on equity (ROE) is -78.4%. The historical average is -46.8%.
Is PL stock overvalued?
Based on historical data, Planet Labs PBC is trading at a P/E of -49.6x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Planet Labs PBC's profit margins?
Planet Labs PBC has 56.1% gross margin and -30.9% operating margin.