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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Natera (NTRA) Operating Margin (2016 - 2025)

Natera's Operating Margin history spans 12 years, with the latest figure at 3.42% for Q4 2025.

  • For the quarter ending Q4 2025, Operating Margin fell 2815.0% year-over-year to 3.42%, compared with a TTM value of 13.44% through Dec 2025, down 1109.0%, and an annual FY2025 reading of 13.44%, down 1109.0% over the prior year.
  • Operating Margin for Q4 2025 was 3.42% at Natera, up from 16.48% in the prior quarter.
  • The five-year high for Operating Margin was 86.93% in Q4 2023, with the low at 94.99% in Q3 2021.
  • Average Operating Margin over 5 years is 34.42%, with a median of 41.37% recorded in 2023.
  • Year-over-year, Operating Margin soared 15219bps in 2023 and then crashed -6221bps in 2024.
  • Tracing NTRA's Operating Margin over 5 years: stood at 80.72% in 2021, then rose by 19bps to 65.26% in 2022, then skyrocketed by 233bps to 86.93% in 2023, then plummeted by -72bps to 24.73% in 2024, then tumbled by -114bps to 3.42% in 2025.
  • Per Business Quant, the three most recent readings for NTRA's Operating Margin are 3.42% (Q4 2025), 16.48% (Q3 2025), and 20.19% (Q2 2025).