Neptune Insurance Holdings Inc. (NP) Key Metrics
NP valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $4.03B
- Enterprise value
- $4.03B
- P/E (TTM)
- 127.7
- Forward P/E
- 41.3
- PEG ratio
- —
- Price / sales
- 22.2
- Price / book
- —
- EV / EBITDA
- 51.1
- Dividend yield
- —
- Beta
- —
NP key metrics, 2023–2025
Fiscal year ended December 31, 2025 · U.S. dollarsNP returns How much profit the business earns on the capital it uses.
NP per-share figures Results divided by the shares outstanding at year-end.
NP financial health Debt, liquidity and how easily interest is covered.
NP efficiency & capital use Working capital cycle and where the cash goes.
NP valuation history
NP returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
NP debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
NP cash returned to shareholders
NP price vs earnings per share
NP key metrics
2023–2025| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Valuation | |||
| Market capitalization | $4.03B | — | — |
| Enterprise value | $4.26B | — | — |
| P/E ratio | 107.7 | — | — |
| Price / sales | 25.2 | — | — |
| Price / free cash flow | 84.5 | — | — |
| Price / operating cash flow | 78.0 | — | — |
| EV / sales | 26.7 | — | — |
| EV / EBITDA | 56.4 | — | — |
| EV / free cash flow | 89.3 | — | — |
| Earnings yield | 0.9% | — | — |
| Free cash flow yield | 1.2% | — | — |
| Dividend yield | 4.3% | — | — |
| Shareholder yield (dividends + buybacks) | 4.3% | — | — |
| Share price at fiscal year-end | $29.16 | — | — |
| Per share | |||
| Revenue per share | $1.15 | $0.88 | $0.63 |
| Earnings per share | $0.27 | $0.26 | $0.13 |
| Operating cash flow per share | $0.37 | $0.37 | $0.14 |
| Free cash flow per share | $0.35 | $0.34 | $0.11 |
| Cash per share | $0.06 | $0.05 | $0.06 |
| Book value per share | −$1.65 | −$2.71 | −$2.87 |
| Tangible book value per share | −$1.68 | −$2.78 | −$2.94 |
| Dividends per share | $1.27 | $0.00 | $2.51 |
| Capex per share | $0.03 | $0.03 | $0.03 |
| Debt per share | $1.74 | $0.99 | $1.29 |
| Shares outstanding | 138.2M | 135.2M | 135.2M |
| Change in shares outstanding | +2.2% | 0.0% | — |
| Returns & profitability | |||
| Return on assets (ROA) | 66.0% | 77.0% | 42.9% |
| Return on tangible assets | 61.3% | 90.7% | 55.3% |
| Free cash flow margin | 29.9% | 38.7% | 17.2% |
| Income quality (OCF / net income) | 1.38 | 1.44 | 1.04 |
| Financial health | |||
| Total debt | $240.0M | $133.7M | $174.9M |
| Cash & short-term investments | $8.0M | $7.1M | $8.1M |
| Net debt | $232.0M | $126.6M | $166.7M |
| Debt / assets | 3.68 | 2.78 | 4.20 |
| Net debt / EBITDA | 3.07 | 1.89 | 3.52 |
| Current ratio | 0.99 | 0.73 | 1.03 |
| Quick ratio | 0.99 | 0.73 | 1.03 |
| Interest coverage | 4.4 | 3.9 | 2.1 |
| Working capital | −$331,000 | −$13.3M | $752,000 |
| Invested capital | $4.5M | −$239.4M | −$220.9M |
| Tangible asset value | −$231.8M | −$376.0M | −$396.9M |
| Net current asset value | −$240.3M | −$378.9M | −$399.4M |
| Graham net-net per share | −$2.00 | −$2.97 | −$3.09 |
| Capital allocation | |||
| Dividends paid | $175.0M | $0 | $339.0M |
| Share buybacks (net) | $0 | $0 | $10.0M |
| Dividend payout ratio | 467.8% | 0.0% | — |
| Dividends + buybacks / free cash flow | 366.9% | 0.0% | — |
| Capex / revenue | 2.5% | 3.1% | 4.7% |
| Capex / operating cash flow | 7.7% | 7.4% | 21.6% |
| Capex / depreciation | 1.07 | 1.23 | 1.85 |
| Stock-based compensation / revenue | 7.2% | 0.2% | 0.0% |
| SG&A / revenue | 6.3% | 6.5% | 8.1% |
| Efficiency | |||
| Days sales outstanding | 19.8 | 17.7 | 21.0 |
| Days payables outstanding | 64.1 | 77.8 | 88.9 |
| Cash conversion cycle (days) | -44.3 | -60.1 | -67.9 |
| Receivables turnover | 18.43 | 20.60 | 17.41 |
| Payables turnover | 5.70 | 4.69 | 4.11 |
| Asset turnover | 2.81 | 2.66 | 2.04 |
| Average receivables | $8.7M | $5.8M | $4.9M |
| Average payables | $9.9M | $8.5M | $7.4M |
| Intangibles / total assets | 6.5% | 20.8% | 22.4% |
Computed from NP's annual financial statements (latest annual report filed February 26, 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.
NP valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Neptune Insurance traded at 107.7 times earnings. Based on the latest twelve months, the trailing P/E is 127.7 and the forward P/E is 41.3. It ended the year with $240.0 million of debt and $8.0 million in cash and short-term investments, net debt of $232.0 million. It returned $175.0 million to shareholders: $175.0 million in dividends and $0 in share buybacks, 367% of free cash flow.
See the NP income statement, the NP chart for price history, or the NP stock overview for the latest quote and news.
NP key metrics FAQ
What is Neptune Insurance's P/E ratio?
Neptune Insurance's trailing P/E ratio is 127.7 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 41.3. At the end of fiscal 2025 it was 107.7.
What is Neptune Insurance's EV/EBITDA?
Neptune Insurance's enterprise value was 56.4 times EBITDA at the end of fiscal 2025 (enterprise value $4.3 billion, EBITDA $75.6 million); the current EV/EBITDA is 51.1.
How much debt does Neptune Insurance have?
Neptune Insurance had total debt of $240.0 million at the end of fiscal 2025 and $232.0 million of net debt (3.07 times EBITDA).
What is Neptune Insurance's dividend yield?
Neptune Insurance paid $175.0 million in dividends in fiscal 2025 ($1.27 per share), a payout ratio of 467.8%.
What is Neptune Insurance's free cash flow yield?
Neptune Insurance generated $47.7 million of free cash flow in fiscal 2025, a free cash flow yield of 1.2% on its market value at year-end ($4.0 billion).
What is Neptune Insurance's current ratio?
Neptune Insurance's current ratio was 0.99 at the end of fiscal 2025: current assets were 0.99 times current liabilities.