Ubiquiti Inc. (UI) Financial Ratios
17 years of historical data (2009–2025) · Technology · Communication Equipment
EV/EBITDA
↑
37.29
↑+45% vs avg
5yr avg: 25.67
30Y Low8.7·High33.7
P/FCF
↑
50.77
↑+53% vs avg
5yr avg: 33.11
30Y Low12.5·High42.9
P/B Ratio
↓
47.68
↓-98% vs avg
5yr avg: 2474.36
30Y Low6.8·High94.8
ROE
↓
186.5%
↑-98% vs avg
5yr avg: 7799.9%
30Y Low34%·High368%
Debt/EBITDA
↓
0.35
↓-73% vs avg
5yr avg: 1.27
30Y Low0.2·High2.0
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
UI Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Ubiquiti Inc. trades at 44.8x earnings, 41% above its 5-year average of 31.7x, sitting at the 100th percentile of its historical range. Compared to the Technology sector median P/E of 29.3x, the stock trades at a premium of 53%. On a free-cash-flow basis, the stock trades at 50.8x P/FCF, 53% above the 5-year average of 33.1x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $31.9B | $24.9B | $8.8B | $10.6B | $15.3B | $19.7B | $11.4B | $9.4B | $6.6B | $4.3B | $3.3B |
| Enterprise Value | $32.0B | $25.1B | $9.4B | $11.6B | $16.0B | $20.0B | $12.0B | $9.7B | $6.5B | $4.0B | $3.0B |
| P/E Ratio → | 44.76 | 35.00 | 25.16 | 26.08 | 40.49 | 31.92 | 30.10 | 29.16 | 33.75 | 16.82 | 15.53 |
| P/S Ratio | 12.38 | 9.68 | 4.57 | 5.47 | 9.06 | 10.37 | 8.90 | 8.10 | 6.53 | 5.00 | 4.98 |
| P/B Ratio | 47.68 | 37.29 | 92.64 | — | — | 7293.14 | — | 94.84 | 21.02 | 7.19 | 7.53 |
| P/FCF | 50.77 | 39.72 | 16.63 | — | 42.94 | 33.16 | 26.62 | 37.73 | 20.55 | 41.28 | 17.34 |
| P/OCF | 49.77 | 38.93 | 16.26 | — | 41.38 | 32.16 | 24.85 | 36.32 | 19.99 | 38.62 | 16.79 |
P/E links to full P/E history page with 30-year chart
UI EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Ubiquiti Inc.'s enterprise value stands at 37.3x EBITDA, 45% above its 5-year average of 25.7x. The Technology sector median is 16.8x, placing the stock at a 122% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 9.74 | 4.89 | 6.00 | 9.48 | 10.52 | 9.32 | 8.33 | 6.35 | 4.60 | 4.46 |
| EV / EBITDA | 37.29 | 29.21 | 18.21 | 20.77 | 33.70 | 26.46 | 24.64 | 24.07 | 19.36 | 13.39 | 11.95 |
| EV / EBIT | 38.27 | 29.97 | 18.91 | 21.39 | 34.69 | 26.89 | 25.03 | 24.53 | 19.79 | 13.73 | 12.27 |
| EV / FCF | — | 39.95 | 17.82 | — | 44.95 | 33.63 | 27.86 | 38.76 | 19.99 | 37.97 | 15.52 |
UI Profitability
Margins and return-on-capital ratios measuring operating efficiency
Ubiquiti Inc. earns an operating margin of 32.5%. Operating margins have expanded from 28.1% to 32.5% over the past 3 years, signaling improving operational efficiency. Return on equity of 186.5% is exceptionally high, though this is partly amplified by negative book value driven by aggressive share buybacks. ROIC of 81.4% 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 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 43.4% | 43.4% | 38.4% | 39.2% | 39.6% | 48.1% | 47.3% | 46.3% | 43.6% | 45.7% | 48.7% |
| Operating Margin | 32.5% | 32.5% | 25.9% | 28.1% | 27.3% | 39.1% | 37.2% | 33.9% | 32.1% | 33.5% | 36.3% |
| Net Profit Margin | 27.7% | 27.7% | 18.1% | 21.0% | 22.4% | 32.5% | 29.6% | 27.8% | 19.3% | 29.8% | 32.1% |
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 | 186.5% | 186.5% | 368.1% | — | — | 22844.9% | — | 155.5% | 42.8% | 49.4% | 49.5% |
| ROA | 54.3% | 54.3% | 27.3% | 36.2% | 43.6% | 75.7% | 47.1% | 34.0% | 19.7% | 30.0% | 31.7% |
| ROIC | 81.4% | 81.4% | 45.8% | 65.8% | 111.9% | 211.9% | 120.2% | 120.6% | 126.1% | 125.3% | 218.6% |
| ROCE | 102.9% | 102.9% | 51.9% | 68.6% | 80.5% | 136.5% | 81.8% | 49.1% | 36.6% | 37.8% | 40.8% |
UI Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Ubiquiti Inc. carries a Debt/EBITDA ratio of 0.3x, which is very conservative (88% below the sector average of 2.9x). Net debt stands at $148M ($297M total debt minus $150M cash). Interest coverage of 27.3x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.45 | 0.45 | 7.97 | — | — | 197.22 | — | 4.99 | 1.54 | 0.43 | 0.46 |
| Debt / EBITDA | 0.35 | 0.35 | 1.46 | 2.03 | 1.79 | 0.71 | 1.40 | 1.23 | 1.45 | 0.86 | 0.82 |
| Net Debt / Equity | — | 0.22 | 6.64 | — | — | 104.81 | — | 2.59 | -0.58 | -0.58 | -0.79 |
| Net Debt / EBITDA | 0.17 | 0.17 | 1.22 | 1.82 | 1.51 | 0.37 | 1.10 | 0.64 | -0.55 | -1.17 | -1.40 |
| Debt / FCF | — | 0.24 | 1.19 | — | 2.01 | 0.48 | 1.25 | 1.03 | -0.56 | -3.32 | -1.82 |
| Interest Coverage | 27.30 | 27.30 | 6.64 | 9.35 | 25.95 | 49.71 | 17.08 | 30.79 | 27.21 | 61.17 | 114.45 |
UI Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.65x means Ubiquiti Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 0.70x 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 3.32x to 1.65x 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 | 1.65 | 1.65 | 3.22 | 3.32 | 2.00 | 2.51 | 2.22 | 4.21 | 8.87 | 9.82 | 8.01 |
| Quick Ratio | 0.70 | 0.70 | 1.59 | 1.22 | 1.15 | 1.67 | 1.14 | 2.73 | 7.96 | 8.35 | 7.39 |
| Cash Ratio | 0.21 | 0.21 | 0.44 | 0.33 | 0.44 | 0.91 | 0.54 | 1.72 | 5.90 | 6.24 | 6.06 |
| Asset Turnover | — | 1.75 | 1.67 | 1.38 | 2.00 | 2.13 | 1.74 | 1.33 | 0.99 | 0.89 | 0.89 |
| Inventory Turnover | 2.16 | 2.16 | 2.57 | 1.60 | 3.89 | 4.22 | 2.37 | 2.36 | 5.61 | 3.31 | 5.98 |
| Days Sales Outstanding | — | 35.94 | 32.88 | 31.56 | 25.81 | 33.13 | 40.40 | 49.03 | 62.64 | 59.29 | 45.35 |
UI Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Ubiquiti Inc. returns 0.5% to shareholders annually — split between a 0.5% dividend yield and 0.0% buyback yield. The payout ratio of 20.4% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 2.2% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
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 | 0.5% | 0.6% | 1.6% | 1.4% | 1.0% | 0.5% | 0.7% | 0.8% | — | — | — |
| Payout Ratio | 20.4% | 20.4% | 41.5% | 35.6% | 39.1% | 16.4% | 20.7% | 22.1% | — | — | — |
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 | 2.2% | 2.9% | 4.0% | 3.8% | 2.5% | 3.1% | 3.3% | 3.4% | 3.0% | 5.9% | 6.4% |
| FCF Yield | 2.0% | 2.5% | 6.0% | — | 2.3% | 3.0% | 3.8% | 2.7% | 4.9% | 2.4% | 5.8% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 4.0% | 1.1% | 6.1% | 5.0% | 6.7% | 2.4% | 5.8% |
| Total Shareholder Yield | 0.5% | 0.6% | 1.7% | 1.4% | 5.0% | 1.6% | 6.8% | 5.7% | 6.7% | 2.4% | 5.8% |
| Shares Outstanding | — | $61M | $60M | $60M | $62M | $63M | $66M | $72M | $78M | $83M | $86M |
Peer Comparison
Compare UI 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 |
|---|---|---|---|---|---|---|---|---|---|
 UIYou | $32B | 44.8 | 37.3 | 50.8 | 43.4% | 32.5% | 186.5% | 81.4% | 0.3 |
 NTGR | $625M | -20.0 | — | — | 36.2% | -5.1% | -6.3% | -8.4% | — |
 CIEN | $68B | 564.1 | 151.5 | 102.0 | 42.0% | 6.5% | 4.4% | 6.9% | 3.5 |
 CALX | $2B | 136.8 | 56.3 | 19.9 | 56.8% | 2.1% | 2.2% | 2.1% | 0.7 |
 ARLO | $1B | 89.5 | 122.1 | 20.3 | 44.0% | 1.1% | 13.1% | 35.9% | 0.7 |
 SLAB | $7B | -110.3 | — | 109.5 | 58.2% | -9.0% | -6.0% | -6.8% | — |
 CSCO | $448B | 44.6 | 32.0 | 33.7 | 64.9% | 20.8% | 22.1% | 13.0% | 1.9 |
 HPE | $58B | -980.0 | 17.4 | 92.3 | 28.8% | 4.8% | 0.2% | 3.4% | 5.5 |
 ANET | $198B | 57.3 | 50.0 | 46.7 | 64.1% | 42.8% | 31.4% | 32.8% | — |
 EXTR | $4B | -562.8 | 117.6 | 33.5 | 62.2% | 1.5% | -16.4% | 14.4% | 6.2 |
 COMM | $4B | -10.0 | 18.2 | 15.9 | 31.8% | 7.9% | — | 3.7% | 13.4 |
| Technology Median | — | 29.3 | 16.8 | 19.5 | 49.1% | -0.0% | 1.8% | 2.6% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 17 years · Updated daily
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UI — Frequently Asked Questions
Quick answers to the most common questions about buying UI stock.
What is Ubiquiti Inc.'s P/E ratio?
Ubiquiti Inc.'s current P/E ratio is 44.8x. The historical average is 26.8x. This places it at the 100th percentile of its historical range.
What is Ubiquiti Inc.'s EV/EBITDA?
Ubiquiti 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 20.1x.
What is Ubiquiti Inc.'s ROE?
Ubiquiti Inc.'s return on equity (ROE) is 186.5%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 118.2%.
Is UI stock overvalued?
Based on historical data, Ubiquiti Inc. is trading at a P/E of 44.8x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Ubiquiti Inc.'s dividend yield?
Ubiquiti Inc.'s current dividend yield is 0.46% with a payout ratio of 20.4%.
What are Ubiquiti Inc.'s profit margins?
Ubiquiti Inc. has 43.4% gross margin and 32.5% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Ubiquiti Inc. have?
Ubiquiti Inc.'s Debt/EBITDA ratio is 0.3x, indicating low leverage. A ratio below 2x is generally considered financially healthy.