Natera (NTRA) Enterprise Value (2015 - 2026)
Natera's Enterprise Value came in at $37.88 billion for Q2 2026, up 71.5% from $22.09 billion a year earlier and up 38.0% from the prior quarter.
Natera (NTRA) Enterprise Value (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Natera reported Enterprise Value of $34.66 billion, up 80.5% year-over-year; for FY2025, it came in at $30.93 billion, up 54.4% from FY2024.
- Enterprise Value has increased in each of the last three years, with a five-year compound annual growth rate of 31.6% (FY2020 to FY2025).
- Going back by year, Enterprise Value was $20.03 billion in FY2024 (+202.9%), $6.61 billion in FY2023 (+85.2%), $3.57 billion in FY2022 (-55.2%) and $7.97 billion in FY2021 (+1.6%).
- The Q2 2026 figure represents the highest quarterly Enterprise Value in data going back to Q3 2015.
- Year-over-year, Enterprise Value has increased for 14 consecutive quarters, with growth averaging 102.3% over the last eight quarters.
- The fastest year-over-year change in Enterprise Value over five years came in Q3 2024 (growth of 242.8%), and the weakest in Q2 2022 (a decline of 70.5%).
- Business Quant data shows NTRA's Enterprise Value at $27.45 billion (Q1 2026), $30.93 billion (Q4 2025) and $21.1 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 103.25 Bn | 99.26 Bn | - |
| 2 | Natera | 56.95 Bn | 52.63 Bn | 485.19 Mn |
| 3 | Labcorp Holdings | 26.02 Bn | 23.76 Bn | 1.11 Bn |
| 4 | Quest Diagnostics | 25.98 Bn | 24.11 Bn | 1.03 Bn |
| 5 | Tenet Healthcare | 22.79 Bn | 11.79 Bn | - |
| 6 | Guardant Health | 21.61 Bn | 17.68 Bn | 219.03 Mn |
| 7 | BrightSpring Health Services | 12.99 Bn | 11.32 Bn | 492.75 Mn |
| 8 | Fresenius Medical Care AG | 12.45 Bn | 4.40 Bn | 1.52 Bn |
| 9 | Encompass Health | 12.43 Bn | 12.09 Bn | - |
| 10 | Tempus AI | 12.39 Bn | 9.42 Bn | 246.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.88 Bn |
| Mar 31, 2026 | 27.45 Bn |
| Dec 31, 2025 | 30.93 Bn |
| Sep 30, 2025 | 21.10 Bn |
| Jun 30, 2025 | 22.09 Bn |
| Mar 31, 2025 | 18.23 Bn |
| Dec 31, 2024 | 20.03 Bn |
| Sep 30, 2024 | 14.84 Bn |
| Jun 30, 2024 | 12.47 Bn |
| Mar 31, 2024 | 10.30 Bn |
| Dec 31, 2023 | 6.61 Bn |
| Sep 30, 2023 | 4.33 Bn |
| Jun 30, 2023 | 4.81 Bn |
| Mar 31, 2023 | 5.48 Bn |
| Dec 31, 2022 | 3.57 Bn |
| Sep 30, 2022 | 3.74 Bn |
| Jun 30, 2022 | 2.80 Bn |
| Mar 31, 2022 | 3.16 Bn |
| Dec 31, 2021 | 7.97 Bn |
| Sep 30, 2021 | 9.51 Bn |
Natera Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=NTRA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "NTRA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=NTRA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();