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OPRXOptimizeRx Corporation
$6.29$118M
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  4. Financial Ratios

OptimizeRx Corporation (OPRX) Financial Ratios

Latest Ratios: P/E Ratio 23.3x · EV/EBITDA 7.4x · ROE 4.2%. (2007–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

OPRX Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$118M$233M$89M$245M$299M$1.1B$462M$137M$130M$46M$24M
Enterprise Value$121M$236M$109M$268M$281M$1.0B$452M$119M$121M$41M$17M
P/E Ratio →23.3045.41———2902.34——574.35——
P/S Ratio1.082.130.973.434.7817.9310.675.596.143.813.10
P/B Ratio0.931.820.761.942.378.369.253.067.057.443.08
P/FCF6.3312.4818.61—28.704577.39——185.50——
P/OCF6.3112.4518.18—28.041513.36——164.20——

P/E links to full P/E history page with 30-year chart

OPRX EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—2.151.183.754.5016.5510.434.855.723.392.20
EV / EBITDA7.3714.38———436.03——244.09——
EV / EBIT10.0119.54———2809.20——153.87——
EV / FCF—12.6322.76—26.984225.97——172.80——

OPRX Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin63.3%63.3%64.5%60.0%62.4%58.1%55.7%62.8%57.6%49.1%56.0%
Operating Margin11.0%11.0%-14.9%-36.9%-19.7%0.6%-4.9%-15.0%0.8%-17.6%-20.4%
Net Profit Margin4.7%4.7%-21.8%-24.6%-18.3%0.6%-5.1%-12.8%1.1%-17.3%-19.9%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE4.2%4.2%-16.5%-13.9%-8.9%0.4%-4.7%-9.9%1.8%-30.0%-18.4%
ROA2.9%2.9%-11.3%-11.0%-8.3%0.4%-3.8%-7.7%1.3%-19.8%-12.9%
ROIC6.8%6.8%-7.2%-15.4%-11.9%0.6%-4.8%-15.3%2.5%-170.4%-156.8%
ROCE7.8%7.8%-8.6%-18.1%-9.5%0.4%-4.2%-10.4%1.3%-30.4%-18.9%

OPRX Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity0.200.200.280.290.000.000.010.01———
Debt / EBITDA1.591.59———0.14—————
Net Debt / Equity—0.020.170.18-0.14-0.64-0.20-0.41-0.48-0.82-0.90
Net Debt / EBITDA0.170.17———-36.26——-17.95——
Debt / FCF—0.154.15—-1.73-351.42——-12.71——
Interest Coverage2.282.28-2.15-16.31———————

OPRX Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio3.043.042.893.0411.7412.293.284.443.772.492.78
Quick Ratio3.043.042.893.0411.7412.293.284.443.772.492.78
Cash Ratio1.101.100.720.778.839.041.053.092.111.451.92
Asset Turnover—0.620.540.390.460.430.720.430.851.240.68
Inventory Turnover———————————
Days Sales Outstanding—125.92151.39190.30129.49147.69150.72110.07111.15103.26144.11

OPRX Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield———————————
Payout Ratio———————————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield4.3%2.2%———0.0%——0.2%——
FCF Yield15.8%8.0%5.4%—3.5%0.0%——0.5%——
Buyback Yield0.0%0.0%1.0%3.1%6.7%0.0%0.0%0.0%0.0%0.8%3.4%
Total Shareholder Yield0.0%0.0%1.0%3.1%6.7%0.0%0.0%0.0%0.0%0.8%3.4%
Shares Outstanding—$19M$18M$17M$18M$18M$15M$13M$12M$10M$10M

Key Metrics

Growth RegimeMixed
ProfitabilityStrained
Balance SheetAdequate
Cash FlowMixed
Top Statement Risk

EHR partner dependency risk

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Market Pricing Reflects Execution Skepticism

As reported in recent financial data, OPRX trades at an EV/EBITDA of 6.03x and a P/S of 0.88x, suggesting that the market is pricing the firm as a commoditized marketing service rather than a high-growth healthcare data analytics platform, despite its unique EHR integration positioning.

The current forward P/E of 5.44x implies that investors are heavily discounting future earnings, likely due to the historical volatility in profitability and the reliance on campaign-based revenue. This valuation gap compared to peers like Doximity suggests that the market requires further evidence of sustained, non-transactional revenue growth before re-rating the stock.

Capital Efficiency Remains Highly Volatile

Based on quarterly filings, ROIC has fluctuated significantly, reaching a peak of 5.1% in 2025Q4 before declining to 0.2% in 2026Q1, indicating that the company has struggled to consistently compound capital while navigating the integration of recent acquisitions and shifting pharmaceutical marketing spend.

The erratic nature of ROIC suggests that the company's core business model is highly sensitive to operational scale and the timing of campaign launches. Investors should monitor whether the shift toward Dynamic Audience Activation can stabilize these returns by reducing the reliance on low-margin, transactional messaging programs.

Working Capital Cycles Impede Liquidity

According to recent SEC filings, the company's DSO has remained elevated, peaking at 160 days in 2026Q1, which highlights significant friction in the collection process and suggests that the firm lacks sufficient leverage over its pharmaceutical clients to accelerate cash conversion cycles.

The lack of consistent DIO and CCC data makes it difficult to assess inventory-like risks, but the high DSO relative to historical norms warrants concern regarding the quality of receivables. This inefficiency in working capital management appears to be a structural drag on the company's ability to self-fund its growth initiatives.

Liquidity Buffers Mask Operational Fragility

As indicated by the 2026Q1 current ratio of 5.37, the company maintains a robust short-term liquidity position, yet this figure appears largely driven by working capital timing rather than a consistent accumulation of cash reserves from core operational activities.

While the current ratio provides a comfortable cushion against immediate obligations, the underlying volatility in net margins suggests that this liquidity could be rapidly depleted during periods of sustained operational underperformance. The company's reliance on EHR partnerships means that any shift in payment terms could quickly impair this seemingly strong liquidity profile.

Misapplication of Traditional Marketing Multiples

The most commonly misapplied metric for OPRX is the P/S ratio, which obscures the company's transition from a transactional messaging provider to a data-driven clinical decision support platform, thereby leading to an undervaluation of its proprietary EHR integration moat.

Analysts often treat OPRX as a commodity marketing firm, but this ignores the high-barrier nature of its point-of-prescribe positioning. A more appropriate framework would involve adjusting for the gross-versus-net revenue reporting of EHR distribution fees to better reflect the true underlying scale and margin potential of the business.

Download Financial Ratios Data

Includes 30+ ratios · 19 years · Updated daily

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OPRX — Frequently Asked Questions

Quick answers to the most common questions about buying OPRX stock.

What is OptimizeRx Corporation's P/E ratio?

OptimizeRx Corporation's current P/E ratio is 23.3x. The historical average is 45.4x.

What is OptimizeRx Corporation's EV/EBITDA?

OptimizeRx Corporation's current EV/EBITDA is 7.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 49.8x.

What is OptimizeRx Corporation's ROE?

OptimizeRx Corporation's return on equity (ROE) is 4.2%. The historical average is -58.8%.

Is OPRX stock overvalued?

Based on historical data, OptimizeRx Corporation is trading at a P/E of 23.3x. Compare with industry peers and growth rates for a complete picture.

What are OptimizeRx Corporation's profit margins?

OptimizeRx Corporation has 63.3% gross margin and 11.0% operating margin. Operating margin between 10-20% is typical for established companies.

How much debt does OptimizeRx Corporation have?

OptimizeRx Corporation's Debt/EBITDA ratio is 1.6x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.