Momentus Inc. (MNTS) Key Metrics
MNTS valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $57.3M
- Enterprise value
- −$6.8M
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 14.9
- Price / book
- 0.8
- EV / EBITDA
- —
- Dividend yield
- —
- Beta
- 2.44
MNTS key metrics, 2018–2025
Fiscal year ended December 31, 2025 · U.S. dollarsMNTS returns How much profit the business earns on the capital it uses.
MNTS financial health Debt, liquidity and how easily interest is covered.
MNTS efficiency & capital use Working capital cycle and where the cash goes.
MNTS returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
MNTS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
MNTS cash returned to shareholders
MNTS key metrics
2018–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||
| Share price at fiscal year-end | $4.87 | $141.61 | $432.50 | $9,750.00 | $52,250.00 | $224,500.00 | — | — |
| Returns & profitability | ||||||||
| Return on equity (ROE) | −655.6% | — | −329.8% | −112.0% | — | — | 0.1% | −144.6% |
| Return on invested capital (ROIC) | −352.1% | — | — | — | — | −32.5% | −0.2% | −529.7% |
| Return on assets (ROA) | −121.7% | −228.4% | −121.9% | −68.6% | 108.6% | −291.7% | 0.1% | −124.0% |
| Return on tangible assets | −76.2% | −360.3% | −339.4% | −103.6% | 65.1% | −852.5% | 0.0% | −126.2% |
| Free cash flow margin | — | −787.7% | — | — | — | — | — | — |
| Income quality (OCF / net income) | — | — | — | — | −0.72 | — | −5.72 | — |
| Financial health | ||||||||
| Total debt | $11.3M | $6.0M | $8.4M | $21.3M | $29.4M | $314.8M | — | — |
| Cash & short-term investments | $12.8M | $1.6M | $2.1M | $61.1M | $160.0M | $23.0M | $1.1M | $3.8M |
| Net debt | −$1.5M | $4.4M | $6.3M | −$39.8M | −$130.7M | $291.8M | −$1.1M | −$3.8M |
| Debt / equity | 0.66 | — | 2.64 | 0.55 | 0.22 | — | — | — |
| Debt / assets | 0.28 | 0.60 | 0.41 | 0.23 | 0.16 | 8.67 | — | — |
| Net debt / EBITDA | — | — | — | — | −0.96 | — | −3.49 | — |
| Current ratio | 1.39 | 0.30 | 0.97 | 1.76 | 4.37 | 3.78 | 6.97 | 16.14 |
| Quick ratio | 1.39 | 0.30 | 0.64 | 1.74 | 4.37 | 3.78 | 6.97 | 16.14 |
| Interest coverage | -40.3 | -75.1 | -29.2 | -17.3 | -7.0 | -73.8 | — | — |
| Working capital | $6.2M | −$10.5M | −$378,000 | $33.0M | $130.8M | $20.3M | $1.2M | $4.4M |
| Invested capital | $15.6M | −$3.4M | $9.5M | −$1.2M | $1.2M | $2.3M | $166.0M | $550,686 |
| Tangible asset value | $16.9M | −$8.1M | $2.8M | $38.3M | $131.5M | −$289.8M | $166.9M | $4.6M |
| Net current asset value | −$897,000 | −$13.2M | −$6.7M | $22.5M | $115.7M | −$298.2M | −$5.7M | $4.4M |
| Capital allocation | ||||||||
| Dividends paid | — | — | — | — | $56.2M | — | — | — |
| Share buybacks (net) | $1,000 | $4,000 | $10.1M | $331,000 | $40.2M | $0 | — | — |
| Dividend payout ratio | — | — | — | — | 46.6% | — | — | — |
| Capex / revenue | 1.1% | 1.9% | 4.3% | 256.5% | 936.4% | 438.6% | — | — |
| Capex / depreciation | 0.01 | 0.02 | 0.07 | 0.34 | 2.83 | 2.71 | 8.63 | 5.75 |
| Stock-based compensation / revenue | 294.9% | 307.1% | 274.5% | 3,872.9% | 5,591.5% | 759.2% | — | — |
| R&D / revenue | 827.9% | 462.7% | 1,112.0% | 13,953.5% | 15,551.8% | 6,224.1% | — | — |
| SG&A / revenue | 1,727.3% | 1,038.3% | 1,311.1% | 16,664.5% | 14,819.7% | 3,272.6% | — | — |
| Efficiency | ||||||||
| Days sales outstanding | 228.0 | 119.7 | 242.2 | 4,882.9 | — | — | — | — |
| Days of inventory on hand | — | — | 999.4 | 14,136.7 | — | — | — | — |
| Days payables outstanding | 1,159.6 | 736.8 | 1,076.6 | 29,129.8 | -5,101.9 | 1,268.9 | — | — |
| Cash conversion cycle (days) | -931.5 | -617.0 | 165.0 | -10,110.1 | — | — | — | — |
| Receivables turnover | 1.60 | 3.05 | 1.51 | 0.07 | — | — | 0.00 | — |
| Payables turnover | 0.31 | 0.50 | 0.34 | 0.01 | −0.07 | 0.29 | — | — |
| Inventory turnover | — | — | 0.37 | 0.03 | — | — | — | — |
| Asset turnover | 0.04 | 0.14 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Average receivables | $693,500 | $693,500 | $2.0M | $4.0M | — | — | $166,932 | — |
| Average payables | $4.8M | $4.2M | $2.5M | $2.1M | $1.9M | $1.3M | $428,583 | $161,556 |
| Average inventory | — | — | $2.3M | $1.0M | — | — | — | — |
| Intangibles / total assets | 0.5% | 2.5% | 1.7% | 0.4% | 0.2% | 0.8% | 0.1% | 1.7% |
Computed from MNTS'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.
MNTS valuation and financial ratios
Momentus earned a return on equity of −655.6% and a return on invested capital of −352.1% in fiscal 2025. It ended the year with $11.3 million of debt and $12.8 million in cash and short-term investments, a net cash position of $1.5 million. It returned $0.0 million to shareholders: $0 in dividends and $0.0 million in share buybacks.
See the MNTS income statement, the MNTS chart for price history, or the MNTS stock overview for the latest quote and news.
MNTS key metrics FAQ
What is Momentus's return on equity?
Momentus's return on equity (ROE) was −655.6% in fiscal 2025: net income of -$30.6 million on average shareholders' equity of $4.7 million.
What is Momentus's ROIC?
Momentus's return on invested capital was −352.1% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Momentus have?
Momentus had total debt of $11.3 million at the end of fiscal 2025, a debt-to-equity ratio of 0.66 and more cash than debt.
Does Momentus buy back its shares?
Yes. Momentus spent $0.0 million on net share repurchases in fiscal 2025.
What is Momentus's current ratio?
Momentus's current ratio was 1.39 at the end of fiscal 2025: current assets were 1.39 times current liabilities.