Azenta, Inc. (AZTA) Key Metrics
AZTA valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $1.49B
- Enterprise value
- $1.22B
- P/E (TTM)
- — 10-yr median 52.7
- Forward P/E
- 29.1
- PEG ratio
- 0.53
- Price / sales
- 2.4 10-yr median 4.3
- Price / book
- 1.0 10-yr median 2.0
- EV / EBITDA
- 37.1 10-yr median 35.7
- Dividend yield
- —
- Beta
- 1.52
AZTA key metrics, FY2016–FY2025
Fiscal year ended September 30, 2025 · U.S. dollarsAZTA valuation Price multiples at each fiscal year-end price.
Price / sales−50.6%
2.2
FY2025 · hover or tap a bar for each year
FY2016FY2025
Price / book−47.6%
0.8
FY2025 · hover or tap a bar for each year
FY2016FY2025
EV / EBITDA−34.0%
20.1
FY2025 · hover or tap a bar for each year
FY2016FY2025
Price / free cash flow−83.5%
34.4
FY2025 · hover or tap a bar for each year
FY2016FY2025
Free cash flow yield+2.4 pts
2.9%
FY2025 · hover or tap a bar for each year
FY2016FY2025
AZTA returns How much profit the business earns on the capital it uses.
Return on equity+4.5 pts
−3.2%
FY2025 · hover or tap a bar for each year
FY2016FY2025
Return on invested capital+1.0 pts
−0.6%
FY2025 · hover or tap a bar for each year
FY2016FY2025
Return on assets+3.9 pts
−2.7%
FY2025 · hover or tap a bar for each year
FY2016FY2025
Free cash flow margin+4.3 pts
6.5%
FY2025 · hover or tap a bar for each year
FY2016FY2025
Asset turnover+24.1%
0.29
FY2025 · hover or tap a bar for each year
FY2016FY2025
AZTA per-share figures Results divided by the shares outstanding at year-end.
Revenue per share+20.0%
$12.94
FY2025 · hover or tap a bar for each year
FY2016FY2025
Earnings per share
−$1.21
FY2025 · hover or tap a bar for each year
FY2016FY2025
Free cash flow per share+259.5%
$0.84
FY2025 · hover or tap a bar for each year
FY2016FY2025
Book value per share+13.1%
$37.63
FY2025 · hover or tap a bar for each year
FY2016FY2025
Shares outstanding−13.7%
45.9M
FY2025 · hover or tap a bar for each year
FY2016FY2025
AZTA financial health Debt, liquidity and how easily interest is covered.
Debt / equity+61.1%
0.06
FY2025 · hover or tap a bar for each year
FY2016FY2025
Net debt+$161.7M
−$229.7M
FY2025 · hover or tap a bar for each year
FY2016FY2025
Net debt / EBITDA+1.22
−4.25
FY2025 · hover or tap a bar for each year
FY2016FY2025
Current ratio−26.7%
2.98
FY2025 · hover or tap a bar for each year
FY2016FY2025
Debt / assets+60.4%
0.05
FY2025 · hover or tap a bar for each year
FY2016FY2025
AZTA efficiency & capital use Working capital cycle and where the cash goes.
Days sales outstanding+6 days
111 days
FY2025 · hover or tap a bar for each year
FY2016FY2025
Days of inventory−32 days
107 days
FY2025 · hover or tap a bar for each year
FY2016FY2025
Days payables outstanding0 days
46 days
FY2025 · hover or tap a bar for each year
FY2016FY2025
Cash conversion cycle−26 days
172 days
FY2025 · hover or tap a bar for each year
FY2016FY2025
Capex / revenue−0.8 pts
5.7%
FY2025 · hover or tap a bar for each year
FY2016FY2025
Dividends + buybacks / FCF
0.0%
FY2025 · hover or tap a bar for each year
FY2016FY2025
AZTA valuation history
Fiscal year-endToday10-year median
AZTA returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
AZTA debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
AZTA cash returned to shareholders
DividendsBuybacksFree cash flow
AZTA price vs earnings per share
Share price at year-endEPS (right axis)
AZTA key metrics
FY2016–FY2025| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $1.32B | $2.58B | $3.33B | $3.21B | $7.62B | $3.42B | $2.68B | $2.48B | $2.14B | $932.4M |
| Enterprise value | $1.09B | $2.18B | $2.37B | $1.69B | $7.49B | $3.20B | $2.40B | $2.44B | $2.05B | $854.8M |
| P/E ratio | — | — | — | — | 68.8 | 52.7 | 93.0 | 21.3 | 34.2 | — |
| Price / sales | 2.2 | 4.5 | 5.0 | 5.8 | 14.8 | 8.8 | 3.4 | 3.9 | 4.1 | 1.7 |
| Price / book | 0.8 | 1.5 | 1.3 | 1.0 | 5.7 | 2.8 | 2.4 | 3.5 | 3.5 | 1.7 |
| Price / free cash flow | 34.4 | 208.5 | — | — | 78.5 | — | 40.0 | 40.6 | 25.7 | 34.9 |
| Price / operating cash flow | 18.3 | 51.8 | 570.0 | — | 50.9 | 90.2 | 29.5 | 33.6 | 22.2 | 23.6 |
| EV / sales | 1.8 | 3.8 | 3.6 | 3.0 | 14.6 | 8.2 | 3.1 | 3.9 | 3.9 | 1.5 |
| EV / EBITDA | 20.1 | 30.5 | 42.9 | 34.9 | 753.3 | 113.8 | 27.8 | 36.5 | 48.7 | 26.6 |
| EV / free cash flow | 28.4 | 176.9 | — | — | 77.2 | — | 35.7 | 39.8 | 24.6 | 32.0 |
| Earnings yield | −4.2% | −6.4% | −0.4% | −13.4% | 1.5% | 1.9% | 1.1% | 4.7% | 2.9% | −7.5% |
| Free cash flow yield | 2.9% | 0.5% | −1.0% | −16.9% | 1.3% | −0.1% | 2.5% | 2.5% | 3.9% | 2.9% |
| Dividend yield | — | 0.0% | 0.0% | 0.2% | 0.4% | 0.9% | 1.1% | 1.1% | 1.3% | 2.9% |
| Shareholder yield (dividends + buybacks) | 0.0% | 25.7% | 25.2% | 0.2% | 0.4% | 0.9% | 1.1% | 1.1% | 1.3% | 2.9% |
| Share price at fiscal year-end | $28.72 | $48.44 | $50.19 | $42.86 | $102.35 | $46.26 | $37.03 | $35.03 | $30.36 | $13.61 |
| Per share | ||||||||||
| Revenue per share | $12.94 | $10.78 | $10.04 | $7.42 | $6.90 | $5.26 | $10.79 | $8.90 | $7.48 | $8.18 |
| Earnings per share | −$1.21 | −$3.10 | −$0.22 | −$5.73 | $1.49 | $0.88 | $0.40 | $1.64 | $0.89 | −$1.01 |
| Operating cash flow per share | $1.57 | $0.94 | $0.09 | −$6.22 | $2.01 | $0.51 | $1.26 | $1.04 | $1.37 | $0.58 |
| Free cash flow per share | $0.84 | $0.23 | −$0.51 | −$7.26 | $1.30 | −$0.03 | $0.93 | $0.86 | $1.18 | $0.39 |
| Cash per share | $7.43 | $8.69 | $15.36 | $20.96 | $3.06 | $4.00 | $4.64 | $3.44 | $1.44 | $1.24 |
| Book value per share | $37.63 | $33.27 | $38.25 | $44.91 | $17.80 | $16.43 | $15.74 | $10.12 | $8.62 | $8.08 |
| Tangible book value per share | $20.11 | $15.60 | $21.97 | $35.67 | $8.99 | $6.69 | $5.52 | $5.10 | $4.12 | $3.94 |
| Dividends per share | — | $0.00 | $0.00 | $0.10 | $0.40 | $0.40 | $0.40 | $0.40 | $0.40 | $0.40 |
| Capex per share | $0.74 | $0.70 | $0.60 | $1.03 | $0.71 | $0.54 | $0.33 | $0.18 | $0.18 | $0.19 |
| Debt per share | $2.42 | $1.33 | $0.91 | $0.66 | $1.27 | $1.11 | $0.71 | $2.76 | $0.16 | $0.11 |
| Shares outstanding | 45.9M | 53.2M | 66.3M | 74.9M | 74.5M | 73.8M | 72.4M | 70.9M | 70.5M | 68.5M |
| Change in shares outstanding | −13.7% | −19.7% | −11.5% | +0.6% | +0.8% | +2.0% | +2.0% | +0.6% | +2.9% | −0.1% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −3.2% | −7.7% | −0.5% | −18.3% | 8.7% | 5.5% | 3.1% | 17.6% | 10.8% | −11.7% |
| Return on invested capital (ROIC) | −0.6% | −1.6% | −3.8% | −1.3% | 0.3% | −2.3% | 7.2% | 5.8% | 2.8% | 2.0% |
| Return on assets (ROA) | −2.7% | −6.6% | −0.4% | −15.5% | 6.6% | 4.2% | 2.2% | 12.5% | 8.6% | −9.6% |
| Return on tangible assets | −4.4% | −14.2% | −0.8% | −14.2% | 9.5% | 7.7% | 3.7% | 15.7% | 13.9% | −17.3% |
| Free cash flow margin | 6.5% | 2.2% | −5.1% | −97.8% | 18.9% | −0.5% | 8.6% | 9.7% | 15.8% | 4.8% |
| Income quality (OCF / net income) | — | — | — | — | 1.35 | 0.58 | 3.15 | 0.63 | 1.54 | — |
| Financial health | ||||||||||
| Total debt | $111.2M | $70.7M | $60.4M | $49.2M | $94.8M | $82.3M | $51.1M | $196.1M | $11.4M | $7.6M |
| Cash & short-term investments | $340.9M | $462.1M | $1.02B | $1.57B | $227.5M | $295.7M | $335.8M | $244.0M | $101.7M | $85.1M |
| Net debt | −$229.7M | −$391.4M | −$957.3M | −$1.52B | −$132.7M | −$213.4M | −$284.6M | −$47.9M | −$90.2M | −$77.6M |
| Debt / equity | 0.06 | 0.04 | 0.02 | 0.01 | 0.07 | 0.07 | 0.04 | 0.27 | 0.02 | 0.01 |
| Debt / assets | 0.05 | 0.03 | 0.02 | 0.01 | 0.05 | 0.05 | 0.03 | 0.18 | 0.01 | 0.01 |
| Net debt / EBITDA | −4.25 | −5.47 | −17.36 | −31.45 | −13.35 | −7.58 | −3.30 | −0.72 | −2.14 | −2.41 |
| Current ratio | 2.98 | 4.07 | 6.73 | 10.67 | 2.25 | 3.08 | 2.37 | 3.42 | 2.40 | 2.50 |
| Quick ratio | 2.66 | 3.50 | 6.12 | 10.30 | 2.08 | 2.53 | 2.01 | 2.83 | 1.67 | 1.73 |
| Interest coverage | — | — | -172.0 | -5.2 | 1.8 | -9.3 | 2.5 | 3.6 | 44.5 | 124.1 |
| Working capital | $470.7M | $628.0M | $1.21B | $2.23B | $432.3M | $438.3M | $375.2M | $399.4M | $205.2M | $179.5M |
| Invested capital | $1.50B | $1.38B | $1.58B | $1.84B | $1.19B | $1.00B | $854.7M | $669.9M | $517.4M | $476.1M |
| Tangible asset value | $924.7M | $829.5M | $1.46B | $2.67B | $669.4M | $493.8M | $399.5M | $362.0M | $290.5M | $269.7M |
| Net current asset value | $377.6M | $501.7M | $1.07B | $2.11B | $283.2M | $303.9M | $270.4M | $186.6M | $193.0M | $167.1M |
| Graham number | — | — | — | — | $24.41 | $18.02 | $11.87 | $19.34 | $13.13 | — |
| Graham net-net per share | $4.13 | $5.98 | $12.80 | $18.46 | −$1.97 | $1.07 | $1.82 | $0.12 | $0.94 | $1.15 |
| Capital allocation | ||||||||||
| Dividends paid | — | $0 | $0 | $7.5M | $29.7M | $29.5M | $28.9M | $28.3M | $27.9M | $27.5M |
| Share buybacks (net) | $0 | $661.7M | $838.5M | $0 | $0 | $0 | $0 | $0 | — | — |
| Dividend payout ratio | — | — | — | — | 26.8% | 45.5% | 100.3% | 24.3% | 44.6% | — |
| Dividends + buybacks / free cash flow | 0.0% | — | — | — | 30.6% | — | 43.1% | 46.2% | 33.5% | 103.0% |
| Capex / revenue | 5.7% | 6.5% | 5.9% | 13.9% | 10.3% | 10.3% | 3.1% | 2.0% | 2.4% | 2.3% |
| Capex / operating cash flow | 46.9% | 75.2% | 676.0% | — | 35.2% | 105.4% | 26.3% | 17.3% | 13.4% | 32.5% |
| Capex / depreciation | 0.55 | 0.41 | 0.46 | 1.44 | 0.81 | 0.61 | 0.44 | 0.34 | 0.46 | 0.46 |
| Stock-based compensation / revenue | 3.5% | 2.5% | 1.4% | 1.9% | 5.3% | 4.2% | 2.6% | 3.1% | 3.3% | 2.1% |
| R&D / revenue | 5.1% | 5.5% | 5.1% | 5.0% | 4.4% | 4.1% | 7.2% | 7.4% | 7.6% | 9.2% |
| SG&A / revenue | 44.0% | 52.8% | 47.6% | 45.4% | 49.1% | 62.1% | 27.1% | 26.4% | — | — |
| Efficiency | ||||||||||
| Days sales outstanding | 111.2 | 104.8 | 87.9 | 93.2 | 76.3 | 122.3 | 68.0 | 63.2 | 69.1 | 62.8 |
| Days of inventory on hand | 107.3 | 139.4 | 90.3 | 82.0 | 106.9 | 160.5 | 73.3 | 91.7 | 106.2 | 94.5 |
| Days payables outstanding | 46.3 | 45.9 | 31.5 | 45.5 | 41.5 | 63.4 | 38.7 | 42.3 | 48.2 | 42.1 |
| Cash conversion cycle (days) | 172.2 | 198.2 | 146.8 | 129.7 | 141.6 | 219.4 | 102.6 | 112.6 | 127.2 | 115.2 |
| Receivables turnover | 3.28 | 3.48 | 4.15 | 3.92 | 4.79 | 2.98 | 5.37 | 5.78 | 5.28 | 5.81 |
| Payables turnover | 7.88 | 7.95 | 11.60 | 8.02 | 8.79 | 5.76 | 9.43 | 8.63 | 7.58 | 8.67 |
| Inventory turnover | 3.40 | 2.62 | 4.04 | 4.45 | 3.41 | 2.27 | 4.98 | 3.98 | 3.44 | 3.86 |
| Asset turnover | 0.29 | 0.23 | 0.20 | 0.20 | 0.30 | 0.25 | 0.60 | 0.68 | 0.73 | 0.78 |
| Average receivables | $181.0M | $164.6M | $160.1M | $141.8M | $107.3M | $130.2M | $145.4M | $109.3M | $99.9M | $96.4M |
| Average payables | $41.1M | $40.1M | $37.2M | $40.5M | $34.0M | $42.3M | $51.8M | $46.9M | $45.1M | $43.0M |
| Average inventory | $95.1M | $121.7M | $106.9M | $73.0M | $87.6M | $107.1M | $98.2M | $101.7M | $99.5M | $96.6M |
| Intangibles / total assets | 39.0% | 44.7% | 37.4% | 18.6% | 36.0% | 46.2% | 48.8% | 32.5% | 41.4% | 41.4% |
Computed from AZTA's annual financial statements (latest annual report filed December 4, 2025) 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.
AZTA valuation and financial ratios
Azenta earned a return on equity of −3.2% and a return on invested capital of −0.6% in fiscal 2025. It ended the year with $111.2 million of debt and $340.9 million in cash and short-term investments, a net cash position of $229.7 million. The share count fell 33.0% from 68.5M to 45.9M over 9 years.
See the AZTA income statement, the AZTA chart for price history, or the AZTA stock overview for the latest quote and news.
AZTA key metrics FAQ
What is Azenta's EV/EBITDA?
Azenta's enterprise value was 20.1 times EBITDA at the end of fiscal 2025 (enterprise value $1.1 billion, EBITDA $54.1 million); the current EV/EBITDA is 37.1.
What is Azenta's return on equity?
Azenta's return on equity (ROE) was −3.2% in fiscal 2025: net income of -$55.8 million on average shareholders' equity of $1.7 billion.
What is Azenta's ROIC?
Azenta's return on invested capital was −0.6% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Azenta have?
Azenta had total debt of $111.2 million at the end of fiscal 2025, a debt-to-equity ratio of 0.06 and more cash than debt.
What is Azenta's free cash flow yield?
Azenta generated $38.3 million of free cash flow in fiscal 2025, a free cash flow yield of 2.9% on its market value at year-end ($1.3 billion).
What is Azenta's current ratio?
Azenta's current ratio was 2.98 at the end of fiscal 2025: current assets were 2.98 times current liabilities.