Company / Working Capital
Natera, Inc. Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$1.1B
FY2025
5-year range
$874.2M / $1.1B
FY2021-FY2025
Trend
+2.3%
vs FY2024
Sector context
#33 of 160
Health Care
What the data says
Natera, Inc.'s working capital of $1.1B is higher than 79% of companies in the Health Care sector (FY2025). Working Capital has increased for 8 consecutive years, from $75M in FY2017 to $1.1B in FY2025.
Based on SEC 10-K filings.
$1.1B in FY2025 with a 5-year CAGR of +9.7%. Top quartile in the Health Care sector.
Improved from $951M to $1.1B over the past 2 years.
Health Care sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- +5.4%
- 5-Year CAGR
- +9.7%
- 10-Year CAGR
- -
Sector benchmark
Top 21% in Health CareTop 21% of 160This company $1.1B Sector average $757.1M
▼
+39.4% above sector average
Key checks
Key Insights
- Natera, Inc.'s working capital has grown for 8 consecutive years.
- 5-year CAGR of +9.7%, indicating consistent growth.
- In FY2025, working capital increased 2.3% year-over-year.
- Ranks #33 out of 160 companies in the Health Care sector.
Company context
Key Data Points
- Altman Z-Score 0.94 (distress zone, below 1.8 threshold)
- Negative profit margin: -11.2%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.1B | +2.3% |
| FY2024 | $1.0B | +8.5% |
| FY2023 | $951.3M | +5.5% |
| FY2022 | $901.3M | +3.1% |
| FY2021 | $874.2M | +31.7% |
| FY2020 | $663.6M | +93.3% |
| FY2019 | $343.3M | +171.3% |
| FY2018 | $126.5M | +68.6% |
| FY2017 | $75.1M | -3.4% |
| FY2016 | $77.7M | -54.4% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026