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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 - 2026)

Natera filings provide 12 years of Operating Margin readings, the most recent being 3.42% for Q4 2025.

  • On a quarterly basis, Operating Margin fell 2815.0% to 3.42% in Q4 2025 year-over-year; TTM through Dec 2025 was 13.44%, a 1109.0% decrease, with the full-year FY2025 number at 13.44%, down 1109.0% from a year prior.
  • Operating Margin hit 3.42% in Q4 2025 for Natera, up from 16.48% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 86.93% in Q4 2023 to a low of 94.99% in Q3 2021.
  • Median Operating Margin over the past 5 years was 41.37% (2023), compared with a mean of 34.42%.
  • Biggest five-year swings in Operating Margin: soared 15219bps in 2023 and later crashed -6221bps in 2024.
  • Natera's Operating Margin 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.
  • The last three reported values for Operating Margin were 3.42% (Q4 2025), 16.48% (Q3 2025), and 20.19% (Q2 2025) per Business Quant data.