SmartRent, Inc. (SMRT) Financial Ratios
7 years of historical data (2019–2025) · Technology · Software - Application
EV/EBITDA
N/A
—
5yr avg: N/A
P/FCF
N/A
—
5yr avg: 289.96
P/B Ratio
↓
0.90
↓-56% vs avg
5yr avg: 2.04
30Y Low1.2·High4.2
ROE
↑
-23.2%
-20% vs avg
5yr avg: -19.4%
30Y Low-212%·High-10%
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.
SMRT Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
SmartRent, 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 |
|---|---|---|---|---|---|---|---|---|
| Market Cap | $212M | $383M | $349M | $640M | $475M | $1.9B | — | — |
| Enterprise Value | $115M | $286M | $213M | $426M | $265M | $1.4B | — | — |
| P/E Ratio → | -3.44 | — | — | — | — | — | — | — |
| P/S Ratio | 1.39 | 2.52 | 1.99 | 2.70 | 2.83 | 16.96 | — | — |
| P/B Ratio | 0.90 | 1.65 | 1.20 | 1.87 | 1.30 | 4.17 | — | — |
| P/FCF | — | — | — | 289.96 | — | — | — | — |
| P/OCF | — | — | — | 107.04 | — | — | — | — |
P/E links to full P/E history page with 30-year chart
SMRT 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 |
|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.88 | 1.22 | 1.80 | 1.58 | 13.07 | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | 193.08 | — | — | — | — |
SMRT Profitability
Margins and return-on-capital ratios measuring operating efficiency
SmartRent, Inc. earns an operating margin of -24.7%. Operating margins have compressed from -18.2% to -24.7% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -23.2% 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 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 32.7% | 32.7% | 34.5% | 20.9% | 0.8% | -9.1% | -8.2% | -2.9% |
| Operating Margin | -24.7% | -24.7% | -23.9% | -18.2% | -62.1% | -64.8% | -68.0% | -67.4% |
| Net Profit Margin | -39.8% | -39.8% | -19.2% | -14.6% | -57.4% | -65.0% | -70.6% | -92.4% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| ROE | -23.2% | -23.2% | -10.6% | -9.8% | -23.7% | -29.8% | -212.3% | -1883.5% |
| ROA | -16.3% | -16.3% | -7.2% | -6.5% | -16.9% | -21.1% | -49.1% | -70.5% |
| ROIC | -19.6% | -19.6% | -22.2% | -22.9% | -90.7% | -595.6% | — | — |
| ROCE | -12.4% | -12.4% | -11.3% | -10.5% | -22.2% | -24.7% | -73.5% | -93.4% |
SMRT Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $105M exceeds total debt of $7M, 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 |
|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.03 | 0.03 | 0.02 | 0.00 | — | — | 0.15 | 9.95 |
| Debt / EBITDA | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.42 | -0.47 | -0.62 | -0.58 | -0.96 | -1.02 | -2.10 |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | -96.88 | — | — | — | — |
| Interest Coverage | -99.68 | -99.68 | — | — | — | -287.76 | -65.12 | — |
Net cash position: cash ($105M) exceeds total debt ($7M)
SMRT Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
SmartRent, Inc.'s current ratio of 3.13x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 2.69x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 2.90x to 3.13x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.13 | 3.13 | 3.63 | 2.90 | 2.85 | 7.60 | 2.67 | 1.89 |
| Quick Ratio | 2.69 | 2.69 | 3.13 | 2.55 | 2.28 | 7.13 | 2.13 | 1.59 |
| Cash Ratio | 1.74 | 1.74 | 2.01 | 1.83 | 1.58 | 6.11 | 1.18 | 1.01 |
| Asset Turnover | — | 0.47 | 0.42 | 0.46 | 0.30 | 0.19 | 0.51 | 0.76 |
| Inventory Turnover | 3.84 | 3.84 | 3.25 | 4.51 | 2.20 | 3.63 | 3.22 | 5.93 |
| Days Sales Outstanding | — | 113.58 | 123.76 | 95.40 | 135.81 | 150.06 | 144.43 | 68.97 |
SMRT Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
SmartRent, Inc. returns 2.3% 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 |
|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | 0.3% | — | — | — | — |
| Buyback Yield | 2.3% | 1.3% | 8.2% | 0.0% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 2.3% | 1.3% | 8.2% | 0.0% | 0.0% | 0.0% | — | — |
| Shares Outstanding | — | $190M | $199M | $201M | $196M | $194M | $10M | $921000 |
Peer Comparison
Compare SMRT 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 |
|---|---|---|---|---|---|---|---|---|---|
 SMRTYou | $212M | -3.4 | — | — | 32.7% | -24.7% | -23.2% | -19.6% | — |
 ARLO | $1B | 94.4 | 129.6 | 21.5 | 44.0% | 1.1% | 13.1% | 35.9% | 0.7 |
 OPEN | $3B | -2.5 | — | 3.2 | 7.0% | -6.2% | -151.3% | -15.8% | — |
 REZI | $5B | -8.3 | 8.6 | — | 27.8% | 8.6% | -16.9% | 9.5% | 3.8 |
 APPF | $5B | 37.2 | 29.4 | 21.7 | 61.3% | 16.1% | 26.5% | 22.4% | 0.4 |
 RHP | $8B | 33.2 | 15.3 | 34.0 | 9.9% | 18.9% | 22.7% | 8.2% | 5.6 |
 REAL | $4B | -18.2 | 428.9 | 194.8 | 69.8% | -3.5% | — | — | 51.1 |
 AMT | $82B | 32.7 | 18.1 | 21.7 | 73.7% | 45.8% | 25.3% | 6.9% | 6.5 |
 EQIX | $110B | 81.1 | 33.5 | — | 51.3% | 20.0% | 9.7% | 4.3% | 5.8 |
 ZBRA | $12B | 30.0 | 14.6 | 14.1 | 45.9% | 14.8% | 11.7% | 10.6% | 2.9 |
 CSCO | $479B | 47.7 | 34.1 | 36.0 | 64.9% | 20.8% | 22.1% | 13.0% | 1.9 |
| Technology Median | — | 28.3 | 16.6 | 18.8 | 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 · 7 years · Updated daily
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SMRT — Frequently Asked Questions
Quick answers to the most common questions about buying SMRT stock.
What is SmartRent, Inc.'s P/E ratio?
SmartRent, Inc.'s current P/E ratio is -3.4x. This places it at the 50th percentile of its historical range.
What is SmartRent, Inc.'s ROE?
SmartRent, Inc.'s return on equity (ROE) is -23.2%. The historical average is -51.6%.
Is SMRT stock overvalued?
Based on historical data, SmartRent, Inc. is trading at a P/E of -3.4x. 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 SmartRent, Inc.'s profit margins?
SmartRent, Inc. has 32.7% gross margin and -24.7% operating margin.