Natera Inc

Natera Inc

NTRA · NASDAQ · Healthcare / Diagnostics & Research

319.09USD-3.85 (-1.19%)

Price History

Full chart

Market Stats

Previous Close322.94
Open324.98
Day Range312.09 – 324.98
52-Week Range181.00 – 437.41
Volume1.68M
Market Cap52.43B
P/E (TTM)0.00
Forward P/E5000.00
EPS-1.12
Dividend Yield0.00%
Beta1.51
50-Day Avg380.81
200-Day Avg269.01

About

Natera, Inc., a diagnostics company, engages in the development and commercialization of molecular testing services worldwide. It offers Signatera, a personalized ctDNA blood test for MRD assessment, early recurrence monitoring, and evaluation of treatment response in patients previously diagnosed with cancer; Latitude, a blood-based MRD test for colorectal cancer; Altera, a tissue based comprehensive genomic profiling test; and Empower, a hereditary cancer screening test. The company also provides Panorama, a non-invasive prenatal test; Horizon, a carrier screening test; Fetal Focus, a single-gene NIPT, or sgNIPT, that screens for 21 single-gene inherited conditions; and Vistara, a single-gene NIPT, which screens for 25 single-gene conditions. In addition, it offers Anora, which tests and analyzes miscarriage tissue from women who have experienced one or more pregnancy losses; Empower, a hereditary cancer screening test; Prospera, a test to assess active rejection in patients who have undergone solid organ transplantation; Renasight, a kidney gene panel test; and Constellation software, a cloud-based distribution model. Further, the company provides NateraCore, a platform to support the patient and provider experience; phlebotomy services; and EMR integration services. The company serves independent laboratories, national and regional reference laboratories, medical centers and physician practices for its screening tests, research laboratories, and pharmaceutical companies through its direct sales force and laboratory distribution partners, as well as Constellation licensees under its cloud-based distribution model. It has a partnership agreement with BGI Genomics Co., Ltd. to develop, manufacture, and commercialize NGS-based genetic testing assays for clinical and commercial use. The company was formerly known as Gene Security Network, LLC and changed its name to Natera, Inc. in January 2012. Natera, Inc. was founded in 2003 and is headquartered in Austin, Texas.

Company Details

  • SectorHealthcare
  • IndustryDiagnostics & Research
  • CEOMr. Steven Leonard Chapman
  • Employees6.13K
  • Headquarters13011 McCallen Pass, Austin, TX, United States, 78753, USA
  • Websitehttps://www.natera.com

Leadership

  • Dr. Matthew Rabinowitz Ph.D.Co-Founder & Executive Chairman · b. 1973
  • Mr. Steven Leonard ChapmanCEO & Director · b. 1979
  • Mr. John FeskoPresident & Chief Business Officer · b. 1979
  • Mr. Michael B. Brophy M.B.A.Chief Financial Officer · b. 1980
  • Mr. Solomon Moshkevich M.B.A.President of Clinical Diagnostics · b. 1982
  • Mr. Jonathan Sheena M.Eng.Co-Founder & Director · b. 1973
  • Ms. Olesya A. Anisimova CPAChief Accounting Officer
  • Mr. Rishi KackerChief Technology Officer
  • Mr. Eric A. Evans Ph.D.Chief Scientific Officer
  • Mr. Daniel Rabinowitz L.L.M.Secretary & Chief Legal Officer · b. 1969

Financials

Income Statement

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue14.25M55.17M159.29M190.35M217.07M210.94M257.65M302.33M391.00M625.49M820.22M1.08B1.70B2.31B
Growth (%)-+287.16%+188.72%+19.50%+14.04%-2.83%+22.15%+17.34%+29.33%+59.97%+31.13%+31.99%+56.75%+35.90%
Cost of Revenue11.15M37.27M78.40M112.84M135.57M139.60M166.06M175.47M203.62M318.42M456.26M589.83M673.75M810.63M
Gross Profit3.10M17.90M80.89M77.51M81.50M71.34M91.60M126.86M187.38M307.07M363.97M492.74M1.02B1.50B
Gross Margin21.74%32.44%50.78%40.72%37.54%33.82%35.55%41.96%47.92%49.09%44.37%45.52%60.30%64.85%
Operating Expense22.31M43.16M80.23M137.35M177.99M205.37M206.23M243.15M403.66M775.24M905.01M938.99M1.25B1.81B
Operating Income-19.21M-25.27M665.00K-59.84M-96.49M-134.03M-114.63M-116.29M-216.28M-468.17M-541.04M-446.25M-222.29M-309.91M
Operating Margin-134.84%-45.80%0.42%-31.43%-44.45%-63.54%-44.49%-38.46%-55.31%-74.85%-65.96%-41.22%-13.10%-13.44%
EBITDA-18.49M-22.74M4.21M-61.23M-93.37M-125.82M-107.13M-104.41M-205.95M-451.54M-520.80M-397.80M-148.08M-220.54M
EBITDA Margin-129.77%-41.22%2.65%-32.17%-43.01%-59.65%-41.58%-34.53%-52.67%-72.19%-63.50%-36.75%-8.73%-9.56%
Net Income-76.17M-37.11M-5.15M-70.28M-95.77M-136.31M-128.15M-124.83M-229.74M-471.72M-547.80M-434.80M-190.43M-208.16M
Net Income Margin-534.53%-67.26%-3.23%-36.92%-44.12%-64.62%-49.74%-41.29%-58.76%-75.42%-66.79%-40.16%-11.22%-9.03%
R&D6.98M11.55M17.29M27.71M41.86M50.06M51.35M51.36M100.03M264.21M316.42M320.68M404.14M624.11M
R&D as % of Total Revenue48.98%20.93%10.86%14.56%19.28%23.73%19.93%16.99%25.58%42.24%38.58%29.62%23.82%27.06%
Interest Expense-11.94M4.22M3.50M533.00K4.21M10.48M10.69M15.08M8.30M9.32M12.64M10.69M4.07M
Interest Expense % of Total Revenue-21.64%2.65%1.84%0.25%2.00%4.07%3.54%3.86%1.33%1.14%1.17%0.63%0.18%

Balance Sheet

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets13.29M59.72M123.62M265.24M210.68M214.61M268.17M582.66M932.15M1.24B1.39B1.44B1.66B2.51B
Total Liabilities138.90M231.23M294.96M80.47M104.20M189.20M236.01M303.94M445.92M583.18M688.73M676.37M465.31M795.62M
Total Equity-125.61M-171.51M-171.34M184.76M106.48M25.42M32.16M278.71M486.24M653.30M705.74M765.33M1.20B1.71B
Cash5.76M30.50M87.18M28.95M15.26M12.62M46.41M61.93M48.67M84.39M466.09M642.10M945.59M1.08B
Total Debt131.75M24.31M26.81M42.09M49.62M123.18M123.51M155.81M281.09M397.23M446.22M441.99M187.12M214.38M
Net Debt125.99M-6.19M-60.36M13.14M34.37M110.56M77.10M93.89M232.43M312.85M-19.87M-200.10M-758.47M-861.76M

Cash Flow

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-14.90M-24.13M10.49M-37.83M-74.05M-97.83M-70.58M-63.44M-182.51M-335.24M-431.50M-246.96M135.66M215.30M
Investing Cash Flow-4.59M-8.24M-9.94M-210.68M47.03M13.78M-5.16M-266.35M-331.46M-205.19M330.34M168.50M137.62M-132.21M
Financing Cash Flow53.00K57.13M56.13M190.28M13.18M80.37M113.72M340.77M500.85M576.19M482.64M254.46M30.20M47.46M
Capital Expenditure4.59M8.24M9.96M7.85M23.14M9.87M3.88M4.97M19.60M41.03M47.70M39.20M66.42M106.19M
Free Cash Flow-19.49M-32.38M533.00K-45.68M-97.04M-106.66M-74.46M-68.41M-202.12M-376.27M-479.20M-286.15M69.24M109.11M
Dividends Paid---02.59M0--7.11M-30.00M---
FCF to OCF130.77%134.17%5.08%120.75%131.04%109.03%105.50%107.83%110.74%112.24%111.05%115.87%51.04%50.68%
Dividend Paid to FCF---0.00%-2.67%0.00%---3.52%--6.26%---

Earnings

Report DateAug 12, 2015Nov 12, 2015Mar 8, 2016May 10, 2016Aug 4, 2016Nov 9, 2016Mar 8, 2017May 9, 2017Aug 8, 2017Nov 8, 2017Mar 13, 2018May 8, 2018Aug 8, 2018Nov 8, 2018Mar 12, 2019May 9, 2019Aug 7, 2019Nov 6, 2019Feb 26, 2020May 6, 2020Aug 5, 2020Nov 5, 2020Feb 25, 2021May 6, 2021Aug 5, 2021Nov 4, 2021Feb 24, 2022May 5, 2022Aug 4, 2022Nov 8, 2022Feb 28, 2023May 9, 2023Aug 3, 2023Nov 8, 2023Feb 28, 2024May 9, 2024Aug 8, 2024Nov 12, 2024Feb 26, 2025May 8, 2025Aug 7, 2025Nov 6, 2025Feb 26, 2026May 7, 2026Aug 6, 2026Nov 5, 2026
EPS Estimate-0.44-0.42-0.64-0.45-0.46-0.56-0.61-0.67-0.54-0.48-0.47-0.62-0.57-0.48-0.52-0.60-0.56-0.55-0.55-0.52-0.60-0.70-0.62-1.03-1.20-1.33-1.31-1.52-1.50-1.44-1.42-1.16-1.10-0.97-0.71-0.71-0.68-0.59-0.35-0.66-0.60-0.35-0.46-0.55-0.47-0.17
EPS Actual-0.34-0.39-0.15-0.17-0.46-0.50-0.73-0.70-0.52-0.51-0.85-0.61-0.55-0.49-0.51-0.54-0.48-0.53-0.44-0.45-0.68-0.72-0.92-0.74-1.32-1.63-1.48-1.45-1.50-1.25-1.37-1.23-0.97-0.95-0.64-0.56-0.30-0.26-0.41-0.50-0.74-0.640.35-0.60-0.47-0.39
Surprise22.73%7.14%76.56%62.22%0.00%10.71%-19.67%-4.48%3.70%-6.25%-80.85%1.61%3.51%-2.08%1.92%10.00%14.29%3.64%20.00%13.46%-13.33%-2.86%-48.39%28.16%-10.00%-22.56%-12.98%4.61%0.00%13.19%3.52%-6.03%11.82%2.06%9.86%21.13%55.88%55.93%-18.29%24.24%-23.33%-82.86%176.09%-9.09%0.00%-129.41%
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap52.43B
Enterprise Value51.58B
Trailing P/E0.00
Forward P/E5000.00
PEG Ratio0.00
Price / Sales18.03
Price / Book30.94
EPS-1.12
Book Value12.95
Revenue (TTM)2.91B
Gross Profit (TTM)1.89B
EBITDA-187.94M
Profit Margin-5.66%
Operating Margin-8.61%
Return on Equity-10.55%
Return on Assets-7.12%
Shares Outstanding144.14M
Shares Float140.97M
Beta1.51
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 23 analystsTarget 416.39
  • Strong Buy
    17
  • Buy
    4
  • Hold
    2

Ownership Breakdown

Institutions
96.54%
Insiders
2.72%
Retail / Other
0.74%

Top Institutional Holders

  • JPMorgan Chase & Co
    12.87M8.93%
  • BlackRock Inc
    10.91M7.57%
  • T. Rowe Price Associates, Inc.
    9.02M6.26%
  • Vanguard Capital Management, LLC
    6.23M4.32%
  • Vanguard Portfolio Management, LLC
    5.78M4.01%
  • FMR Inc
    5.45M3.78%
  • Wellington Management Company LLP
    4.04M2.80%
  • State Street Corp
    3.66M2.54%
  • Duquesne Family Office LLC
    3.19M2.21%
  • Geode Capital Management, LLC
    2.75M1.91%
  • Franklin Templeton Inc
    2.73M1.89%
  • Castle Hook Partners LP
    2.60M1.80%
  • Coatue Management LLC
    2.51M1.74%
  • AQR Capital Management LLC
    2.34M1.63%
  • Farallon Capital Management, L.L.C.
    2.22M1.54%
  • Massachusetts Financial Services Company
    1.97M1.37%

Top Fund Holders

  • JPMorgan Large Cap Growth I
    6.02M4.18%
  • Vanguard MStar Total Stk Mkt Idx Invest
    4.35M3.02%
  • Vanguard Small Cap Index
    3.08M2.14%
  • Fidelity Contrafund
    2.03M1.41%