# Tenable Holdings Inc. (TENB) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Consumer Cyclical / Internet & Direct Marketing Retail. Price $34.25, market value $3.8 billion.

## Valuation
- **P/E (trailing): 570.8×**. Tenable Holdings Inc. trades at 570.8× trailing earnings. The Consumer Cyclical median in the September 2026 study was 19.5×. Forward P/E is 15.7×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 4.86**. A PEG of 4.86 means the P/E is high relative to expected earnings growth; the price already assumes a lot.
- **Price / sales: 3.6×**. Each dollar of revenue is priced at 3.6×.
- **Price / book: 19.1×**. The shares trade at 19.1× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: 7.0%** (5-yr avg 4.2%). Free cash flow equals 7.0% of the market value, above its five-year average of 4.2%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 0.2%**. The inverse of the P/E: 0.2% of the price is earned each year.

## Profitability
- **Gross margin: 78.1%**. Tenable Holdings Inc. keeps 78.1% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 3.6%**. 3.6% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: -3.6%**. The company reported a net loss over the last twelve months.
- **Return on equity: -11.1%**. Return on equity is negative because earnings are negative.
- **Return on assets: 0.4%**. Each dollar of assets produces 0.4% of profit.

## Growth
- **Revenue growth (1 yr): 11.0%** (3-yr 13.5%/yr, 5-yr 17.8%/yr). Revenue grew 11.0% over the last year, against 17.8% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 3.2%**. Earnings per share rose 3.2%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 27.9%/yr**. Free cash flow has compounded at 27.9% a year over three years.

## Financial health
- **Current ratio: 0.95** (quick 0.95). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 2.38**. A Z-score of 2.38 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Tenable Holdings Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (20 analysts). 20 analysts cover Tenable Holdings Inc.; the consensus is buy, with an average price target of $35.35 (+3% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 12.7%** (YTD 45.6%, 3-mo 23.0%). The shares are up 12.7% over twelve months including dividends.
- **From 52-week high: -21.6%** (117.7% above the low). Trading 22% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 46**. An RSI of 46 is neutral.
- **Beta (1 yr): 1.19** (volatility 54%). Beta of 1.19 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=TENB · Page: https://foliofundamentals.com/stocks/tenb

Not investment advice.