Stratasys Ltd. (SSYS) Key Metrics

NASDAQ: SSYSValuation, returns, debt and efficiency ratios over 10 years.

SSYS valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$607.9M
Enterprise value
$525.8M
P/E (TTM)
—
Forward P/E
30.1
PEG ratio
2.06
Price / sales
1.1
10-yr median 1.5
Price / book
0.9
10-yr median 0.9
EV / EBITDA
494.8
10-yr median 18.2
Dividend yield
—
Beta
1.99

SSYS key metrics, 2016–2025

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

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

Price / sales+16.8%
1.3
2025 · hover or tap a bar for each year
2016: 1.3 (−25.7%)2017: 1.6 (+22.3%)2018: 1.5 (−7.7%)2019: 1.7 (+18.2%)2020: 2.2 (+26.6%)2021: 2.6 (+17.2%)2022: 1.2 (−52.7%)2023: 1.6 (+29.1%)2024: 1.1 (−29.6%)2025: 1.3 (+16.8%)
20162025
Price / book+5.8%
0.8
2025 · hover or tap a bar for each year
2016: 0.8 (−24.9%)2017: 0.9 (+21.9%)2018: 0.8 (−9.2%)2019: 0.9 (+11.9%)2020: 1.5 (+58.0%)2021: 1.6 (+8.5%)2022: 0.8 (−49.4%)2023: 1.1 (+34.8%)2024: 0.8 (−28.3%)2025: 0.8 (+5.8%)
20162025
Free cash flow yield−0.2 pts
−1.0%
2025 · hover or tap a bar for each year
2016: 1.7% (+10.7 pts)2017: 3.6% (+1.9 pts)2018: 4.0% (+0.4 pts)2019: −3.3% (−7.3 pts)2020: −0.1% (+3.2 pts)2021: 0.6% (+0.7 pts)2022: −12.1% (−12.7 pts)2023: −7.8% (+4.2 pts)2024: −0.8% (+7.0 pts)2025: −1.0% (−0.2 pts)
20162025

SSYS valuation history

Fiscal year-endToday10-year median

SSYS returns on capital

ROEROICROA

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

SSYS debt vs cash

Total debtCash & short-term investments

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

SSYS cash returned to shareholders

DividendsBuybacksFree cash flow

SSYS price vs earnings per share

Share price at year-endEPS (right axis)

SSYS key metrics

2016–2025
Stratasys Ltd. key metrics by fiscal year
2025202420232022202120202019201820172016
Valuation
Market capitalization$708.3M$629.9M$980.6M$788.6M$1.55B$1.14B$1.10B$968.1M$1.06B$869.7M
Enterprise value$490.3M$511.3M$836.6M$478.6M$1.07B$860.7M$797.4M$599.4M$753.4M$603.7M
Price / sales1.31.11.61.22.62.21.71.51.61.3
Price / book0.80.81.10.81.61.50.90.80.90.8
Price / free cash flow————171.3——24.927.858.6
Price / operating cash flow46.880.5——43.440.9—15.217.114.0
EV / sales0.90.91.30.71.81.71.30.91.10.9
EV / EBITDA———13.2——18.211.420.997.9
EV / free cash flow————117.6——15.419.840.7
Earnings yield−14.7%−19.1%−12.6%−3.7%−4.0%−39.0%−1.0%−1.1%−3.8%−8.9%
Free cash flow yield−1.0%−0.8%−7.8%−12.1%0.6%−0.1%−3.3%4.0%3.6%1.7%
Shareholder yield (dividends + buybacks)0.0%0.3%0.0%0.0%——0.0%0.0%0.0%0.0%
Share price at fiscal year-end$8.68$8.89$14.28$11.86$24.49$20.72$20.23$18.01$19.96$16.54
Per share
Revenue per share$6.75$8.08$9.14$9.80$9.57$9.48$11.72$12.34$12.62$12.79
Earnings per share−$1.28−$1.70−$1.79−$0.44−$0.98−$8.08−$0.20−$0.20−$0.75−$1.47
Operating cash flow per share$0.19$0.11−$0.90−$1.13$0.56$0.51−$0.21$1.19$1.17$1.18
Free cash flow per share−$0.09−$0.07−$1.12−$1.43$0.14−$0.02−$0.67$0.72$0.72$0.28
Cash per share$3.00$2.13$2.37$4.93$7.91$5.45$5.93$7.36$6.34$5.55
Book value per share$10.33$11.19$12.89$14.43$15.06$13.83$21.33$21.25$21.38$21.60
Tangible book value per share$7.91$8.29$9.57$11.63$11.64$10.78$12.61$12.07$11.39$10.89
Capex per share$0.27$0.18$0.22$0.30$0.42$0.53$0.47$0.46$0.45$0.90
Debt per share$0.32$0.45$0.27$0.27$0.24$0.40$0.40$0.50$0.61$0.49
Shares outstanding81.6M70.9M68.7M66.5M63.5M54.9M54.3M53.8M53.0M52.6M
Change in shares outstanding+15.2%+3.2%+3.3%+4.8%+15.6%+1.2%+0.9%+1.5%+0.7%+1.9%
Returns & profitability
Return on equity (ROE)−12.7%−14.3%−13.3%−3.0%−7.2%−46.3%−0.9%−1.0%−3.5%−6.6%
Return on invested capital (ROIC)−7.1%−9.6%−10.0%−8.1%−13.2%−53.8%−0.7%−0.9%−2.8%−7.3%
Return on assets (ROA)−9.9%−11.1%−10.3%−2.3%−5.5%−37.4%−0.8%−0.8%−2.9%−5.6%
Return on tangible assets−11.9%−14.6%−13.6%−2.7%−5.8%−53.9%−1.2%−1.2%−4.7%−9.6%
Free cash flow margin−1.3%−0.9%−12.2%−14.6%1.5%−0.2%−5.7%5.9%5.7%2.2%
Financial health
Total debt$26.5M$32.1M$18.7M$17.8M$15.0M$21.8M$21.7M$27.1M$32.3M$26.0M
Cash & short-term investments$244.5M$150.7M$162.6M$327.8M$502.2M$299.1M$321.8M$395.8M$336.0M$292.0M
Net debt−$218.0M−$118.6M−$143.9M−$310.0M−$487.2M−$277.2M−$300.0M−$368.7M−$303.7M−$266.0M
Debt / equity0.030.040.020.020.020.030.020.020.030.02
Debt / assets0.020.030.020.010.010.020.020.020.020.02
Net debt / EBITDA———−8.55——−6.85−7.04−8.41−43.16
Current ratio3.573.073.173.323.804.244.123.893.773.36
Quick ratio2.681.992.082.403.193.243.073.193.062.65
Interest coverage—-31.4—-30.5-15.9-67.3-1.7———
Working capital$418.9M$345.7M$383.7M$489.6M$590.2M$428.3M$499.2M$508.4M$451.6M$388.4M
Invested capital$624.9M$674.4M$740.9M$649.4M$468.8M$482.1M$857.1M$773.4M$828.8M$869.8M
Tangible asset value$645.5M$587.7M$657.0M$773.1M$738.6M$592.3M$684.8M$649.0M$603.3M$572.9M
Net current asset value$351.1M$276.2M$311.0M$399.9M$479.5M$330.1M$435.3M$438.0M$367.7M$323.0M
Graham net-net per share$2.53$1.67$2.02$3.51$5.40$3.90$5.19$5.86$4.75$4.01
Capital allocation
Share buybacks (net)$0$2.0M$0$0——$0$0$0$0
Dividends + buybacks / free cash flow———————0.0%0.0%0.0%
Capex / revenue4.0%2.2%2.4%3.0%4.4%5.6%4.0%3.7%3.6%7.0%
Capex / operating cash flow146.0%162.5%——74.7%104.4%—38.9%38.5%76.0%
Capex / depreciation0.510.280.310.330.480.590.500.410.360.51
Stock-based compensation / revenue4.4%4.5%5.0%5.1%5.1%3.9%3.2%2.4%2.7%3.1%
R&D / revenue14.0%17.3%15.0%14.3%14.5%16.1%14.8%14.9%14.4%14.5%
SG&A / revenue40.4%41.6%40.8%37.0%41.3%39.4%33.8%35.4%38.5%42.7%
Efficiency
Days sales outstanding103.8103.692.176.870.883.677.776.571.166.1
Days of inventory on hand203.3215.5195.9157.3137.1181.7161.3129.2123.2123.9
Days payables outstanding55.053.160.660.836.332.045.146.342.741.1
Cash conversion cycle (days)252.0266.1227.4173.3171.6233.4193.9159.4151.6149.0
Receivables turnover3.523.523.964.755.164.374.704.775.145.52
Payables turnover6.636.886.026.0110.0711.428.097.898.568.88
Inventory turnover1.801.691.862.322.662.012.262.832.962.95
Asset turnover0.520.530.520.510.540.440.460.480.490.48
Average receivables$156.7M$162.5M$158.4M$137.1M$117.7M$119.3M$135.4M$139.0M$130.1M$121.8M
Average payables$44.0M$45.9M$59.9M$62.4M$34.5M$26.4M$40.8M$42.9M$40.4M$40.0M
Average inventory$162.5M$186.4M$193.5M$161.6M$130.4M$150.1M$146.0M$119.6M$116.6M$120.6M
Intangibles / total assets18.4%19.9%20.1%14.8%17.0%16.9%34.2%35.5%38.4%41.2%

Computed from SSYS's annual financial statements (latest annual report filed March 5, 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.

SSYS valuation and financial ratios

Stratasys earned a return on equity of −12.7% and a return on invested capital of −7.1% in fiscal 2025. It ended the year with $26.5 million of debt and $244.5 million in cash and short-term investments, a net cash position of $218.0 million. The share count rose 55.2% from 52.6M to 81.6M over 9 years.

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

SSYS key metrics FAQ

What is Stratasys's return on equity?

Stratasys's return on equity (ROE) was −12.7% in fiscal 2025: net income of -$104.3 million on average shareholders' equity of $817.9 million.

What is Stratasys's ROIC?

Stratasys's return on invested capital was −7.1% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does Stratasys have?

Stratasys had total debt of $26.5 million at the end of fiscal 2025, a debt-to-equity ratio of 0.03 and more cash than debt.

What is Stratasys's free cash flow yield?

Stratasys generated -$7.0 million of free cash flow in fiscal 2025, a free cash flow yield of −1.0% on its market value at year-end ($708.3 million).

What is Stratasys's current ratio?

Stratasys's current ratio was 3.57 at the end of fiscal 2025: current assets were 3.57 times current liabilities.

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