TRUP

Trupanion, Inc.

Financial Services · $1.0B market cap

Verdict

We can't put a fair value on TRUP right now. It's valued like a bank, but its return on tangible equity (or its tangible book value) isn't positive, so there's nothing to base a value on.

Business quality

3 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth—?
Equity per share growth18.7% a year✓
Sales growth27.4% a year✓
Free cash flow growth29.9% a year✓
Return on invested capital-2.5%✗

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Superinvestors

2 of the investors we track hold TRUP. In Q2 2026, 1 sold out. Who we track

Moves in Q2 2026

Sold out: Lee Ainslie

About Trupanion, Inc.

Trupanion, Inc. provides monthly subscription-based medical insurance for canine and feline companions across the United States, Canada, Puerto Rico, and Australia. The company's operations are divided into two main categories: Subscription Business and Other Business, serving both pet owners and veterinary professionals. Founded in 2000, the Seattle, Washington-headquartered firm was previously known as…

Insurance - Property & Casualty

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works