Owlet, Inc. (OWLT) Key Metrics

NYSE: OWLTValuation, returns, debt and efficiency ratios over 7 years.

OWLT valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$120.1M
Enterprise value
$152.1M
P/E (TTM)
—
Forward P/E
—
PEG ratio
—
Price / sales
1.0
10-yr median 0.9
Price / book
6.1
EV / EBITDA
—
Dividend yield
—
Beta
1.91

OWLT key metrics, 2019–2025

Fiscal year ended December 31, 2025 · U.S. dollars

OWLT valuation Price multiples at each fiscal year-end price.

Price / sales+350.6%
2.9
2025 · hover or tap a bar for each year
2022: 0.92023: 0.8 (−10.0%)2024: 0.6 (−21.6%)2025: 2.9 (+350.6%)
20192025
Free cash flow yield+20.5 pts
−3.7%
2025 · hover or tap a bar for each year
2022: −133.3%2023: −54.0% (+79.3 pts)2024: −24.2% (+29.8 pts)2025: −3.7% (+20.5 pts)
20192025

OWLT valuation history

Fiscal year-endToday7-year median

OWLT returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

OWLT debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

OWLT price vs earnings per share

Share price at year-endEPS (right axis)

OWLT key metrics

2019–2025
Owlet, Inc. key metrics by fiscal year
2025202420232022202120202019
Valuation
Market capitalization$302.0M$49.5M$43.7M$62.2M———
Enterprise value$279.6M$41.1M$43.5M$69.3M———
Price / sales2.90.60.80.9———
Price / book8.5——————
EV / sales2.60.50.81.0———
Earnings yield−13.1%−25.3%−75.3%−127.5%———
Free cash flow yield−3.7%−24.2%−54.0%−133.3%———
Share price at fiscal year-end$16.19$4.45$5.28$7.83$37.38$142.38—
Per share
Revenue per share$5.67$7.02$6.53$8.70———
Earnings per share−$2.13−$1.13−$3.98−$9.98———
Operating cash flow per share−$0.58−$1.01−$2.84−$10.24———
Free cash flow per share−$0.59−$1.08−$2.85−$10.43———
Cash per share$1.90$1.82$2.00$1.41———
Book value per share$1.90−$1.90−$3.59−$1.34———
Tangible book value per share$1.82−$1.99−$3.85−$1.63———
Capex per share$0.01$0.07$0.01$0.20———
Debt per share$0.70$1.07$1.98$2.30———
Shares outstanding18.7M11.1M8.3M8.0M———
Change in shares outstanding+67.7%+34.4%+4.1%————
Returns & profitability
Return on equity (ROE)−556.8%———−417.2%——
Return on assets (ROA)−58.7%−26.8%−64.4%−80.1%−79.6%−30.8%−63.3%
Return on tangible assets−47.1%−25.8%−78.5%−142.2%−51.8%−26.6%−64.7%
Free cash flow margin−10.5%−15.3%−43.7%−119.9%−56.1%−1.6%−35.4%
Financial health
Total debt$13.0M$11.9M$16.4M$18.3M$16.5M$28.8M$22.3M
Cash & short-term investments$35.5M$20.2M$16.6M$11.2M$95.1M$17.0M$11.7M
Net debt−$22.5M−$8.4M−$171,999$7.1M−$78.5M$11.8M$10.5M
Debt / equity0.37———0.30——
Debt / assets0.150.240.370.320.120.720.79
Current ratio1.851.270.890.771.970.801.03
Quick ratio1.510.980.740.491.710.630.83
Interest coverage-2.4-12.4-9.0-76.6-2.0-5.1—
Working capital$37.7M$9.7M−$5.1M−$15.3M$66.7M−$9.7M$678,000
Invested capital$12.9M−$29.5M−$29.8M−$3.6M−$23.3M−$9.0M−$153,000
Tangible asset value$34.0M−$22.1M−$31.9M−$12.9M$53.5M−$21.4M−$11.3M
Net current asset value$31.7M−$24.6M−$33.9M−$17.5M$51.0M−$23.3M−$13.3M
Graham net-net per share$0.54−$3.24−$5.26−$4.56———
Capital allocation
Capex / revenue0.3%1.0%0.1%2.3%2.7%1.4%3.1%
Capex / depreciation0.460.550.030.591.781.212.87
Stock-based compensation / revenue8.8%11.1%18.4%18.6%5.6%1.4%1.2%
R&D / revenue13.3%12.6%19.2%40.3%28.3%13.9%21.3%
SG&A / revenue45.1%63.7%75.7%115.7%91.5%43.0%57.2%
Efficiency
Days sales outstanding60.561.0101.169.750.544.356.9
Days of inventory on hand90.380.1145.2145.1115.959.066.0
Days payables outstanding81.4117.6256.2231.4197.5113.1110.1
Cash conversion cycle (days)69.423.6-9.8-16.6-31.2-9.812.8
Receivables turnover6.035.983.615.247.238.256.41
Payables turnover4.483.101.421.581.853.233.32
Inventory turnover4.044.552.512.513.156.195.53
Asset turnover1.561.671.060.700.842.211.77
Average receivables$17.5M$13.1M$15.0M$13.2M$10.5M$9.1M$7.8M
Average payables$11.6M$12.5M$22.1M$29.1M$22.1M$12.2M$8.1M
Average inventory$12.9M$8.5M$12.5M$18.2M$12.9M$6.4M$4.9M
Intangibles / total assets1.6%2.0%5.0%4.0%1.2%1.5%2.2%

Computed from OWLT's annual financial statements (latest annual report filed March 9, 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.

OWLT valuation and financial ratios

Owlet earned a return on equity of −556.8% in fiscal 2025. It ended the year with $13.0 million of debt and $35.5 million in cash and short-term investments, a net cash position of $22.5 million.

See the OWLT income statement, the OWLT chart for price history, or the OWLT stock overview for the latest quote and news.

OWLT key metrics FAQ

What is Owlet's return on equity?

Owlet's return on equity (ROE) was −556.8% in fiscal 2025: net income of -$39.7 million on average shareholders' equity of $7.1 million.

How much debt does Owlet have?

Owlet had total debt of $13.0 million at the end of fiscal 2025, a debt-to-equity ratio of 0.37 and more cash than debt.

What is Owlet's free cash flow yield?

Owlet generated -$11.1 million of free cash flow in fiscal 2025, a free cash flow yield of −3.7% on its market value at year-end ($302.0 million).

What is Owlet's current ratio?

Owlet's current ratio was 1.85 at the end of fiscal 2025: current assets were 1.85 times current liabilities.

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