Latch, Inc. (LTCH) Key Metrics
LTCH valuation today
Trailing 12 months · as of October 21, 2026- Market cap
- $29.7M
- Enterprise value
- $10.1M
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 0.4 10-yr median 8.2
- Price / book
- 0.3 10-yr median 0.4
- EV / EBITDA
- —
- Dividend yield
- —
- Beta
- 1.29
LTCH key metrics, 2019–2025
Fiscal year ended December 31, 2025 · U.S. dollarsLTCH valuation Price multiples at each fiscal year-end price.
LTCH returns How much profit the business earns on the capital it uses.
LTCH per-share figures Results divided by the shares outstanding at year-end.
LTCH financial health Debt, liquidity and how easily interest is covered.
LTCH efficiency & capital use Working capital cycle and where the cash goes.
LTCH valuation history
LTCH returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
LTCH debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
LTCH cash returned to shareholders
LTCH price vs earnings per share
LTCH key metrics
2019–2025| 2025 | 2024 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Valuation | |||||
| Market capitalization | $24.1M | $20.7M | $655.5M | $1.43B | — |
| Enterprise value | −$5.9M | −$136.8M | $375.1M | $1.43B | — |
| Price / sales | 0.3 | 0.5 | 15.8 | 79.2 | — |
| Price / book | 0.4 | 0.1 | 1.7 | — | — |
| EV / sales | -0.1 | -3.0 | 9.1 | 79.0 | — |
| Earnings yield | −223.1% | −519.8% | −25.4% | −4.6% | — |
| Free cash flow yield | −149.3% | −318.6% | −17.5% | −4.1% | — |
| Dividend yield | — | — | 0.0% | — | — |
| Shareholder yield (dividends + buybacks) | — | 0.0% | 0.3% | 0.0% | — |
| Share price at fiscal year-end | $0.15 | $0.13 | $7.58 | $10.12 | — |
| Per share | |||||
| Revenue per share | $0.44 | $0.28 | $0.48 | $0.13 | $0.11 |
| Earnings per share | −$0.34 | −$0.68 | −$1.92 | −$0.47 | −$0.36 |
| Operating cash flow per share | −$0.22 | −$0.41 | −$1.22 | −$0.38 | −$0.34 |
| Free cash flow per share | −$0.22 | −$0.41 | −$1.33 | −$0.42 | −$0.36 |
| Cash per share | $0.22 | $1.13 | $3.28 | $0.43 | $0.38 |
| Book value per share | $0.36 | $1.06 | $4.37 | −$1.09 | $0.42 |
| Tangible book value per share | $0.26 | $0.81 | $4.21 | −$1.14 | $0.40 |
| Dividends per share | — | — | $0.00 | — | — |
| Capex per share | $0.00 | $0.00 | $0.10 | $0.04 | $0.03 |
| Debt per share | $0.03 | $0.14 | $0.04 | $0.40 | — |
| Shares outstanding | 160.4M | 159.1M | 86.5M | 141.3M | 141.3M |
| Change in shares outstanding | +0.8% | +84.0% | −38.8% | 0.0% | — |
| Returns & profitability | |||||
| Return on equity (ROE) | −47.3% | −39.3% | −149.0% | — | −83.9% |
| Return on invested capital (ROIC) | −131.5% | −150.7% | — | — | −698.9% |
| Return on assets (ROA) | −26.8% | −28.8% | −61.4% | −80.9% | −68.3% |
| Return on tangible assets | −59.1% | −42.2% | −37.9% | −80.3% | −71.5% |
| Free cash flow margin | −51.3% | −146.6% | −277.3% | −327.3% | −345.2% |
| Financial health | |||||
| Total debt | $4.6M | $22.0M | $3.4M | $57.2M | — |
| Cash & short-term investments | $34.6M | $179.5M | $283.8M | $60.5M | $54.2M |
| Net debt | −$30.0M | −$157.5M | −$280.4M | −$3.3M | −$54.2M |
| Debt / equity | 0.08 | 0.13 | 0.01 | — | — |
| Debt / assets | 0.04 | 0.07 | 0.01 | 0.64 | — |
| Current ratio | 2.30 | 2.51 | 8.16 | 6.78 | 8.98 |
| Quick ratio | 1.76 | 2.34 | 7.87 | 6.08 | 8.18 |
| Interest coverage | -11.0 | -17.9 | -19.1 | -18.3 | -35.8 |
| Working capital | $36.7M | $142.5M | $291.8M | $68.5M | $61.3M |
| Invested capital | $28.0M | $11.6M | $97.2M | −$157.6M | $5.6M |
| Tangible asset value | $42.1M | $129.3M | $364.2M | −$161.7M | $62.6M |
| Net current asset value | $16.1M | $111.6M | $257.9M | −$163.5M | $61.3M |
| Graham net-net per share | $0.01 | $0.50 | $2.71 | −$1.22 | $0.39 |
| Capital allocation | |||||
| Dividends paid | — | — | $1,799 | — | — |
| Share buybacks (net) | — | $3,394 | $1.8M | $0 | — |
| Capex / revenue | 0.1% | 0.7% | 21.3% | 30.3% | 25.3% |
| Capex / depreciation | 0.01 | 0.05 | 2.72 | 3.96 | 5.21 |
| Stock-based compensation / revenue | 0.8% | 40.4% | 72.3% | 8.4% | 23.7% |
| R&D / revenue | 26.2% | 68.6% | 110.9% | 140.2% | 123.2% |
| SG&A / revenue | 34.3% | 158.4% | 234.0% | 182.3% | 189.6% |
| Efficiency | |||||
| Days sales outstanding | 85.8 | 197.1 | 149.4 | 154.1 | 172.3 |
| Days of inventory on hand | 119.6 | 129.7 | 82.5 | 130.3 | 129.8 |
| Days payables outstanding | 30.4 | 45.5 | 41.3 | 67.8 | 80.0 |
| Cash conversion cycle (days) | 175.0 | 281.3 | 190.7 | 216.6 | 222.2 |
| Receivables turnover | 4.26 | 1.85 | 2.44 | 2.37 | 2.12 |
| Payables turnover | 12.00 | 8.03 | 8.84 | 5.38 | 4.56 |
| Inventory turnover | 3.05 | 2.81 | 4.42 | 2.80 | 2.81 |
| Asset turnover | 0.35 | 0.12 | 0.15 | 0.22 | 0.20 |
| Average receivables | $16.5M | $24.3M | $16.9M | $7.6M | $7.0M |
| Average payables | $4.0M | $4.9M | $5.0M | $3.8M | $3.8M |
| Average inventory | $15.9M | $14.1M | $10.0M | $7.2M | $6.2M |
| Intangibles / total assets | 14.9% | 13.5% | 2.9% | 8.3% | 4.5% |
Computed from LTCH's annual financial statements (latest annual report filed March 31, 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.
LTCH valuation and financial ratios
Latch earned a return on equity of −47.3% and a return on invested capital of −131.5% in fiscal 2025. It ended the year with $4.6 million of debt and $34.6 million in cash and short-term investments, a net cash position of $30.0 million. The share count rose 13.5% from 141.3M to 160.4M over 4 years.
See the LTCH income statement, the LTCH chart for price history, or the LTCH stock overview for the latest quote and news.
LTCH key metrics FAQ
What is Latch's return on equity?
Latch's return on equity (ROE) was −47.3% in fiscal 2025: net income of -$53.7 million on average shareholders' equity of $113.6 million.
What is Latch's ROIC?
Latch's return on invested capital was −131.5% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Latch have?
Latch had total debt of $4.6 million at the end of fiscal 2025, a debt-to-equity ratio of 0.08 and more cash than debt.
What is Latch's free cash flow yield?
Latch generated -$36.0 million of free cash flow in fiscal 2025, a free cash flow yield of −149.3% on its market value at year-end ($24.1 million).
What is Latch's current ratio?
Latch's current ratio was 2.30 at the end of fiscal 2025: current assets were 2.30 times current liabilities.