Arlo Technologies, Inc. (ARLO) Key Metrics
ARLO valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $1.31B
- Enterprise value
- $1.33B
- P/E (TTM)
- 43.4
- Forward P/E
- 13.8
- PEG ratio
- 0.55
- Price / sales
- 2.2 10-yr median 1.8
- Price / book
- 9.3 10-yr median 6.1
- EV / EBITDA
- 59.4
- Dividend yield
- —
- Beta
- 1.60
ARLO key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsARLO valuation Price multiples at each fiscal year-end price.
ARLO returns How much profit the business earns on the capital it uses.
ARLO per-share figures Results divided by the shares outstanding at year-end.
ARLO financial health Debt, liquidity and how easily interest is covered.
ARLO efficiency & capital use Working capital cycle and where the cash goes.
ARLO valuation history
ARLO returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
ARLO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
ARLO cash returned to shareholders
ARLO price vs earnings per share
ARLO key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $1.54B | $1.10B | $883.0M | $306.0M | $867.4M | $608.3M | $316.1M | $671.0M | — | — |
| Enterprise value | $1.38B | $970.6M | $763.5M | $215.7M | $717.7M | $431.6M | $92.3M | $491.5M | — | — |
| P/E ratio | 103.2 | — | — | — | — | — | — | — | — | — |
| Price / sales | 2.9 | 2.2 | 1.8 | 0.6 | 2.0 | 1.7 | 0.9 | 1.4 | — | — |
| Price / book | 12.1 | 10.9 | 8.6 | 3.5 | 7.7 | 4.5 | 1.6 | 2.4 | — | — |
| Price / free cash flow | 23.0 | 22.7 | 24.9 | — | — | — | 126.1 | — | — | — |
| Price / operating cash flow | 19.6 | 21.5 | 23.1 | — | — | — | 34.5 | — | — | — |
| EV / sales | 2.6 | 1.9 | 1.6 | 0.4 | 1.6 | 1.2 | 0.2 | 1.0 | — | — |
| EV / EBITDA | 70.5 | — | — | — | — | — | — | — | — | — |
| EV / free cash flow | 20.6 | 20.0 | 21.5 | — | — | — | 36.8 | — | — | — |
| Earnings yield | 1.0% | −2.8% | −2.5% | −18.5% | −6.5% | −16.6% | −27.2% | −10.2% | — | — |
| Free cash flow yield | 4.3% | 4.4% | 4.0% | −15.7% | −2.9% | −8.3% | 0.8% | −5.9% | — | — |
| Shareholder yield (dividends + buybacks) | 3.0% | 0.4% | 2.7% | 5.9% | 1.5% | 0.8% | 0.6% | 0.0% | — | — |
| Share price at fiscal year-end | $13.99 | $11.19 | $9.52 | $3.51 | $10.49 | $7.79 | $4.21 | $9.98 | — | — |
| Per share | ||||||||||
| Revenue per share | $4.80 | $5.18 | $5.30 | $5.63 | $5.26 | $4.57 | $4.93 | $7.02 | $5.10 | $2.54 |
| Earnings per share | $0.14 | −$0.31 | −$0.24 | −$0.65 | −$0.68 | −$1.30 | −$1.14 | −$1.02 | $0.09 | −$0.19 |
| Operating cash flow per share | $0.71 | $0.52 | $0.41 | −$0.53 | −$0.28 | −$0.60 | $0.12 | −$0.26 | −$0.54 | −$0.45 |
| Free cash flow per share | $0.61 | $0.49 | $0.38 | −$0.55 | −$0.31 | −$0.65 | $0.03 | −$0.59 | −$0.59 | −$0.48 |
| Cash per share | $1.51 | $1.54 | $1.47 | $1.30 | $2.13 | $2.64 | $3.42 | $2.99 | $0.00 | $0.00 |
| Book value per share | $1.16 | $1.02 | $1.11 | $1.01 | $1.36 | $1.71 | $2.71 | $4.11 | $1.72 | $1.01 |
| Tangible book value per share | $1.06 | $0.91 | $0.99 | $0.88 | $1.23 | $1.57 | $2.54 | $3.84 | $1.45 | $0.70 |
| Capex per share | $0.11 | $0.03 | $0.03 | $0.02 | $0.03 | $0.05 | $0.09 | $0.32 | $0.05 | $0.02 |
| Debt per share | $0.06 | $0.19 | $0.18 | $0.27 | $0.32 | $0.38 | $0.44 | $0.32 | — | — |
| Shares outstanding | 110.2M | 98.6M | 92.8M | 87.2M | 82.7M | 78.1M | 75.1M | 67.2M | 72.7M | 72.7M |
| Change in shares outstanding | +11.7% | +6.3% | +6.4% | +5.4% | +5.9% | +4.0% | +11.7% | −7.5% | 0.0% | — |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 13.1% | −29.9% | −23.1% | −56.5% | −45.5% | −60.1% | −35.8% | −34.0% | 6.6% | −18.8% |
| Return on invested capital (ROIC) | — | — | — | — | — | — | — | −48.1% | 4.9% | −14.2% |
| Return on assets (ROA) | 4.9% | −10.4% | −7.9% | −18.3% | −14.7% | −21.2% | −15.1% | −15.8% | 3.1% | −8.7% |
| Return on tangible assets | 5.0% | −10.6% | −8.0% | −21.7% | −16.7% | −25.1% | −16.2% | −11.8% | 2.6% | −10.1% |
| Free cash flow margin | 12.6% | 9.5% | 7.2% | −9.8% | −5.9% | −14.1% | 0.7% | −8.3% | −11.5% | −18.7% |
| Income quality (OCF / net income) | 5.27 | — | — | — | — | — | — | — | −5.95 | — |
| Financial health | ||||||||||
| Total debt | $6.7M | $18.4M | $17.0M | $23.5M | $26.1M | $29.4M | $32.9M | $21.6M | — | — |
| Cash & short-term investments | $166.4M | $151.5M | $136.5M | $113.7M | $175.7M | $206.1M | $256.7M | $201.0M | $108,000 | $220,000 |
| Net debt | −$159.7M | −$133.1M | −$119.5M | −$90.3M | −$149.7M | −$176.7M | −$223.8M | −$179.4M | −$108,000 | −$220,000 |
| Debt / equity | 0.05 | 0.18 | 0.16 | 0.27 | 0.23 | 0.22 | 0.16 | 0.08 | — | — |
| Debt / assets | 0.02 | 0.06 | 0.06 | 0.09 | 0.08 | 0.07 | 0.06 | 0.04 | — | — |
| Net debt / EBITDA | −8.15 | — | — | — | — | — | — | — | −0.01 | — |
| Current ratio | 1.51 | 1.49 | 1.55 | 1.43 | 1.44 | 1.50 | 1.60 | 1.88 | 1.86 | 1.70 |
| Quick ratio | 1.27 | 1.26 | 1.31 | 1.15 | 1.26 | 1.23 | 1.36 | 1.42 | 1.23 | 1.09 |
| Interest coverage | — | — | — | -61.4 | -3.6 | -24.2 | -1.3 | — | — | — |
| Working capital | $88.1M | $85.8M | $89.1M | $70.5M | $92.7M | $119.2M | $175.7M | $240.6M | $112.9M | $55.0M |
| Invested capital | −$31.8M | −$32.2M | −$16.2M | −$2.6M | −$37.0M | −$42.9M | −$20.4M | $97.2M | $125.3M | $73.0M |
| Tangible asset value | $116.8M | $89.9M | $92.2M | $76.7M | $101.6M | $122.7M | $191.0M | $258.1M | $105.4M | $51.3M |
| Net current asset value | $77.8M | $65.1M | $68.3M | $48.3M | $68.8M | $76.3M | $130.2M | $196.1M | $99.4M | $47.8M |
| Graham number | $1.88 | — | — | — | — | — | — | — | $1.87 | — |
| Graham net-net per share | $0.31 | $0.18 | $0.24 | $0.02 | $0.24 | $0.21 | $0.63 | $1.16 | $0.21 | $0.00 |
| Capital allocation | ||||||||||
| Share buybacks (net) | $45.6M | $4.4M | $23.6M | $18.2M | $13.2M | $4.8M | $1.9M | $0 | — | — |
| Dividends + buybacks / free cash flow | 68.2% | 9.1% | 66.7% | — | — | — | 74.8% | — | — | — |
| Capex / revenue | 2.2% | 0.5% | 0.6% | 0.4% | 0.5% | 1.1% | 1.8% | 4.6% | 1.0% | 0.8% |
| Capex / operating cash flow | 15.0% | 5.2% | 7.4% | — | — | — | 72.7% | — | — | — |
| Capex / depreciation | 3.01 | 0.84 | 0.61 | 0.42 | 0.38 | 0.38 | 0.62 | 4.08 | 0.96 | 0.70 |
| Stock-based compensation / revenue | 11.8% | 13.4% | 9.8% | 9.9% | 8.7% | 9.9% | 6.2% | 1.9% | 0.7% | 0.8% |
| R&D / revenue | 13.9% | 14.3% | 14.0% | 13.2% | 13.6% | 16.8% | 18.8% | 12.5% | 9.4% | 13.2% |
| SG&A / revenue | 28.5% | 28.5% | 24.9% | 25.7% | 22.6% | 28.0% | 28.3% | 17.1% | 13.3% | 14.5% |
| Efficiency | ||||||||||
| Days sales outstanding | 33.4 | 43.8 | 48.8 | 54.2 | 65.9 | 104.7 | 150.9 | 130.0 | 117.9 | 161.8 |
| Days of inventory on hand | 50.4 | 44.6 | 47.9 | 43.7 | 57.5 | 80.6 | 105.6 | 101.7 | 85.3 | 118.8 |
| Days payables outstanding | 65.6 | 67.1 | 60.5 | 70.2 | 81.6 | 105.1 | 106.0 | 50.5 | 27.3 | 52.6 |
| Cash conversion cycle (days) | 18.2 | 21.3 | 36.2 | 27.7 | 41.8 | 80.2 | 150.5 | 181.2 | 175.9 | 228.0 |
| Receivables turnover | 10.91 | 8.33 | 7.48 | 6.74 | 5.54 | 3.49 | 2.42 | 2.81 | 3.09 | 2.26 |
| Payables turnover | 5.56 | 5.44 | 6.03 | 5.20 | 4.47 | 3.47 | 3.44 | 7.22 | 13.36 | 6.94 |
| Inventory turnover | 7.25 | 8.18 | 7.62 | 8.34 | 6.35 | 4.53 | 3.46 | 3.59 | 4.28 | 3.07 |
| Asset turnover | 1.74 | 1.75 | 1.76 | 1.58 | 1.14 | 0.75 | 0.65 | 1.09 | 1.73 | 1.16 |
| Average receivables | $48.5M | $61.3M | $65.7M | $72.8M | $78.6M | $102.5M | $153.0M | $168.1M | $119.8M | $81.8M |
| Average payables | $53.3M | $59.5M | $53.7M | $68.1M | $73.1M | $86.9M | $97.1M | $51.6M | $20.9M | $21.1M |
| Average inventory | $40.9M | $39.5M | $42.5M | $42.5M | $51.5M | $66.7M | $96.7M | $103.9M | $65.3M | $47.7M |
| Intangibles / total assets | 3.6% | 3.7% | 3.9% | 4.1% | 3.2% | 2.7% | 2.3% | 3.1% | 7.4% | 13.8% |
Computed from ARLO's annual financial statements (latest annual report filed February 27, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
ARLO valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Arlo Technologies traded at 103.2 times earnings. Based on the latest twelve months, the trailing P/E is 43.4 and the forward P/E is 13.8. Arlo Technologies earned a return on equity of 13.1% in fiscal 2025. It ended the year with $6.7 million of debt and $166.4 million in cash and short-term investments, a net cash position of $159.7 million. It returned $45.6 million to shareholders: $0 in dividends and $45.6 million in share buybacks, 68% of free cash flow. The share count rose 51.5% from 72.7M to 110.2M over 9 years.
See the ARLO income statement, the ARLO chart for price history, or the ARLO stock overview for the latest quote and news.
ARLO key metrics FAQ
What is Arlo Technologies's P/E ratio?
Arlo Technologies's trailing P/E ratio is 43.4 based on the last twelve months of earnings (as of October 17, 2026), and its forward P/E is 13.8. At the end of fiscal 2025 it was 103.2.
What is Arlo Technologies's EV/EBITDA?
Arlo Technologies's enterprise value was 70.5 times EBITDA at the end of fiscal 2025 (enterprise value $1.4 billion, EBITDA $19.6 million); the current EV/EBITDA is 59.4.
What is Arlo Technologies's return on equity?
Arlo Technologies's return on equity (ROE) was 13.1% in fiscal 2025: net income of $14.9 million on average shareholders' equity of $114.4 million.
How much debt does Arlo Technologies have?
Arlo Technologies had total debt of $6.7 million at the end of fiscal 2025, a debt-to-equity ratio of 0.05 and more cash than debt.
Does Arlo Technologies buy back its shares?
Yes. Arlo Technologies spent $45.6 million on net share repurchases in fiscal 2025 Shares outstanding changed +11.7% over the year, to 110.2M..
What is Arlo Technologies's free cash flow yield?
Arlo Technologies generated $66.9 million of free cash flow in fiscal 2025, a free cash flow yield of 4.3% on its market value at year-end ($1.5 billion).
What is Arlo Technologies's current ratio?
Arlo Technologies's current ratio was 1.51 at the end of fiscal 2025: current assets were 1.51 times current liabilities.