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Lyft, Inc. (LYFT) 10-Year Financial Performance & Capital Metrics

LYFT • • Industrial / General
TechnologyApplication SoftwareArtificial Intelligence & AnalyticsAI Analytics Platforms
AboutLyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. The company operates multimodal transportation networks that offer riders personalized and on-demand access to various mobility options. It provides Ridesharing Marketplace, which connects drivers with riders; Express Drive, a flexible car rentals program for drivers; Lyft Rentals that provides vehicles for long-distance trips; and a network of shared bikes and scooters in various cities to address the needs of riders for short trips. The company also integrates third-party public transit data into the Lyft app to offer riders various transportation options. In addition, it offers access to autonomous vehicles; centralized tools and enterprise transportation solutions, such as concierge transportation solutions for organizations; Lyft Pink subscription plans; Lyft Pass commuter programs; first-mile and last-mile services; and university safe rides programs. The company was formerly known as Zimride, Inc. and changed its name to Lyft, Inc. in April 2013. Lyft, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.Show more
  • Revenue $5.79B +31.4%
  • EBITDA $30M +108.3%
  • Net Income $23M +106.7%
  • EPS (Diluted) 0.06 +106.3%
  • Gross Margin 42.31% +0.2%
  • EBITDA Margin 0.52% +106.4%
  • Operating Margin -2.06% +81.0%
  • Net Margin 0.39% +105.1%
  • ROE 3.48% +104.8%
  • ROIC -7.79% +76.0%
  • Debt/Equity 1.64 -14.8%
  • Interest Coverage -4.11 +77.3%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Efficient asset utilization: 1.1x turnover

✗Weaknesses

  • ✗Expensive at 10.4x book value

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y9.86%
3Y21.72%
TTM14.9%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM330.92%

EPS CAGR

10Y-
5Y-
3Y-
TTM326.14%

ROCE

10Y Avg-55.15%
5Y Avg-45.36%
3Y Avg-39.41%
Latest-7.53%

Peer Comparison

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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
LYFTLyft, Inc.7.69B19.25349.3631.39%2.4%26.3%9.97%1.64
DDOGDatadog, Inc.40.84B125.50246.0826.12%3.32%3.1%2.05%0.68
MNDYmonday.com Ltd.7.18B139.22224.5533.21%5.58%5.13%4.12%0.10
PEGAPegasystems Inc.9.77B57.54104.624.51%16.05%46.57%3.46%0.94
SAPSAP SE287.77B247.1093.259.51%19.41%13.94%1.54%0.23
TYLTyler Technologies, Inc.19.07B443.1473.259.53%13.72%8.75%3.17%0.19
FICOFair Isaac Corporation38.48B1623.1861.1615.91%32.75%2%
DSGXThe Descartes Systems Group Inc.7.56B87.9353.6213.63%22.1%10%2.81%0.01

Profit & Loss

Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+343.3M1.06B2.16B3.62B2.36B3.21B4.1B4.4B5.79B
Revenue Growth %-2.09%1.03%0.68%-0.35%0.36%0.28%0.08%0.31%
Cost of Goods Sold+279.01M659.53M1.24B2.18B1.45B1.7B2.44B2.54B3.34B
COGS % of Revenue0.81%0.62%0.58%0.6%0.61%0.53%0.59%0.58%0.58%
Gross Profit+64.29M400.35M913.22M1.44B917.16M1.51B1.66B1.86B2.45B
Gross Margin %0.19%0.38%0.42%0.4%0.39%0.47%0.41%0.42%0.42%
Gross Profit Growth %-5.23%1.28%0.58%-0.36%0.64%0.1%0.12%0.32%
Operating Expenses+756.89M1.11B1.89B4.14B2.73B2.64B3.12B2.34B2.57B
OpEx % of Revenue2.2%1.05%0.88%1.15%1.15%0.82%0.76%0.53%0.44%
Selling, General & Admin594.31M788.46M1.25B2B1.36B1.33B1.82B1.35B1.73B
SG&A % of Revenue1.73%0.74%0.58%0.55%0.58%0.41%0.44%0.31%0.3%
Research & Development64.7M136.65M300.84M1.51B909.13M911.95M856.78M555.92M397.07M
R&D % of Revenue0.19%0.13%0.14%0.42%0.38%0.28%0.21%0.13%0.07%
Other Operating Expenses97.88M183.51M338.4M636.12M453.96M402.23M443.85M427.24M443.82M
Operating Income+-692.6M-708.27M-977.71M-2.7B-1.81B-1.14B-1.46B-475.6M-118.91M
Operating Margin %-2.02%-0.67%-0.45%-0.75%-0.76%-0.35%-0.36%-0.11%-0.02%
Operating Income Growth %--0.02%-0.38%-1.76%0.33%0.37%-0.29%0.67%0.75%
EBITDA+-692.08M-705.66M-958.96M-2.59B-1.65B-995.87M-1.3B-359.09M29.98M
EBITDA Margin %-2.02%-0.67%-0.44%-0.72%-0.7%-0.31%-0.32%-0.08%0.01%
EBITDA Growth %--0.02%-0.36%-1.71%0.36%0.4%-0.31%0.72%1.08%
D&A (Non-Cash Add-back)527K2.61M18.75M108.43M157.35M139.35M154.8M116.51M148.89M
EBIT-692.6M-708.27M-910.6M-2.6B-1.76B-999.28M-1.56B-305.48M54.27M
Net Interest Income+6.96M20.24M66.46M102.51M10.98M-42.56M27.41M119.5M137.38M
Interest Income6.96M20.24M66.46M102.51M43.65M9.07M47.14M145.73M166.3M
Interest Expense000032.68M51.63M19.73M26.22M28.92M
Other Income/Expense10.21M20.53M67.11M102.59M10.99M84.3M-119.72M143.9M144.26M
Pretax Income+-682.39M-687.75M-910.6M-2.6B-1.8B-1.05B-1.58B-331.7M25.35M
Pretax Margin %-1.99%-0.65%-0.42%-0.72%-0.76%-0.33%-0.39%-0.08%0%
Income Tax+401K556K738K2.36M-44.53M11.22M5.87M8.62M2.57M
Effective Tax Rate %1%1%1%1%0.98%1.01%1%1.03%0.9%
Net Income+-682.79M-688.3M-911.34M-2.6B-1.75B-1.06B-1.58B-340.32M22.78M
Net Margin %-1.99%-0.65%-0.42%-0.72%-0.74%-0.33%-0.39%-0.08%0%
Net Income Growth %--0.01%-0.32%-1.86%0.33%0.39%-0.49%0.79%1.07%
Net Income (Continuing)-682.79M-688.3M-911.34M-2.6B-1.75B-1.06B-1.58B-340.32M22.78M
Discontinued Operations000000000
Minority Interest04.28B0000000
EPS (Diluted)+-2.87-2.89-3.21-11.44-5.61-3.02-4.47-0.880.06
EPS Growth %--0.01%-0.11%-2.56%0.51%0.46%-0.48%0.8%1.06%
EPS (Basic)-2.87-2.89-3.21-11.44-5.61-3.02-4.47-0.880.06
Diluted Shares Outstanding237.95M237.95M284.15M227.5M312.18M334.72M354.73M385.33M413.65M
Basic Shares Outstanding237.95M237.95M284.15M227.5M312.18M334.72M354.73M385.33M409.18M
Dividend Payout Ratio---------

Balance Sheet

Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+1.08B2.56B2.32B3.25B2.59B2.78B2.58B2.58B2.95B
Cash & Short-Term Investments1.01B2.39B2.04B2.85B2.25B2.25B1.8B1.69B1.98B
Cash Only469.24M1.11B517.69M358.32M319.73M457.32M281.09M558.64M759.32M
Short-Term Investments543.1M1.28B1.52B2.49B1.93B1.8B1.52B1.13B1.23B
Accounts Receivable00000000334.8M
Days Sales Outstanding--------21.12
Inventory000000000
Days Inventory Outstanding---------
Other Current Assets000000786.07M892.24M631.29M
Total Non-Current Assets+173.9M453.03M1.44B2.44B2.08B2B1.97B1.99B2.48B
Property, Plant & Equipment9.55M14.21M109.26M629.86M589.05M521.61M448.62M564.05M593.26M
Fixed Asset Turnover35.96x74.60x19.74x5.74x4.01x6.15x9.13x7.81x9.75x
Goodwill00152.09M158.72M182.69M180.52M261.58M257.79M251.38M
Intangible Assets04.35M117.73M82.92M65.84M50.77M76.21M59.52M42.78M
Long-Term Investments163.93M360.88M863.71M010M80.41M26.39M39.87M42.52M
Other Non-Current Assets416K434.48M1.06B1.57B1.24B1.16B1.16B1.07B1.55B
Total Assets+1.25B3.02B3.76B5.69B4.68B4.77B4.56B4.56B5.44B
Asset Turnover0.27x0.35x0.57x0.64x0.51x0.67x0.90x0.96x1.06x
Asset Growth %-1.42%0.25%0.51%-0.18%0.02%-0.05%0%0.19%
Total Current Liabilities+306.01M696.82M1.9B2.45B2.07B2.52B3.13B2.96B3.88B
Accounts Payable46.19M66.87M32.34M38.84M84.11M129.54M107.8M72.28M97.7M
Days Payables Outstanding60.4337.019.496.5121.2127.7816.1510.3710.68
Short-Term Debt000035.76M56.26M36.29M25.8M429.08M
Deferred Revenue (Current)000001000K000
Other Current Liabilities257.53M135.74M361.11M1.6B1.18B1.31B1.68B1.62B440.15M
Current Ratio3.51x3.68x1.22x1.32x1.25x1.10x0.82x0.87x0.76x
Quick Ratio3.51x3.68x1.22x1.32x1.25x1.10x0.82x0.87x0.76x
Cash Conversion Cycle---------
Total Non-Current Liabilities+7.92M4.3B30.46M385.93M928.33M916.31M1.04B1.06B787.31M
Long-Term Debt0000644.24M655.17M803.21M839.36M565.97M
Capital Lease Obligations000382.08M265.8M210.23M176.36M134.1M206.43M
Deferred Tax Liabilities000000000
Other Non-Current Liabilities7.92M4.3B30.46M3.86M18.29M50.91M55.64M87.92M14.92M
Total Liabilities313.94M5B1.93B2.84B3B3.43B4.17B4.02B4.67B
Total Debt+000476.28M995.09M975.43M1.06B1.04B1.26B
Net Debt-469.24M-1.11B-517.69M117.96M675.36M518.11M780.56M483.18M498.61M
Debt / Equity---0.17x0.59x0.73x2.73x1.92x1.64x
Debt / EBITDA--------41.96x
Net Debt / EBITDA--------16.63x
Interest Coverage-----55.34x-21.99x-73.93x-18.14x-4.11x
Total Equity+935.04M2.3B1.83B2.85B1.68B1.34B388.67M541.52M767.02M
Equity Growth %-1.46%-0.2%0.56%-0.41%-0.2%-0.71%0.39%0.42%
Book Value per Share3.939.696.4512.555.374.011.101.411.85
Total Shareholders' Equity935.04M-1.98B1.83B2.85B1.68B1.34B388.67M541.52M767.02M
Common Stock003K3K3K3K4K4K4K
Retained Earnings-1.35B-2.03B-3.63B-5.55B-7.3B-8.36B-9.94B-10.28B-10.26B
Treasury Stock000000000
Accumulated OCI-93K-1.01M133K2.73M-473K-2.51M-5.75M-4.95M-10.1M
Minority Interest04.28B0000000

Cash Flow

Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-487.16M-393.53M-280.67M-105.7M-1.38B-101.72M-237.28M-98.24M849.74M
Operating CF Margin %-1.42%-0.37%-0.13%-0.03%-0.58%-0.03%-0.06%-0.02%0.15%
Operating CF Growth %-0.19%0.29%0.62%-12.05%0.93%-1.33%0.59%9.65%
Net Income-682.79M-688.3M-911.34M-2.6B-1.75B-1.06B-1.58B-340.32M22.78M
Depreciation & Amortization527K2.61M18.75M108.43M157.35M139.35M154.8M116.51M148.89M
Stock-Based Compensation9.39M9.55M8.58M1.6B565.81M724.56M750.77M484.53M330.92M
Deferred Taxes-1.42M0-23.13M-2.15M-46.32M0000
Other Non-Cash Items-1.18M-4.59M989K-875K33.17M-72.26M81.18M-80.67M-104.71M
Working Capital Changes188.3M287.21M625.48M791.82M-336.05M168.78M360.48M-278.3M451.85M
Change in Receivables000000000
Change in Inventory000000000
Change in Payables24.89M21.38M-40.81M5.07M44.49M47.08M-27.21M-41.08M21.71M
Cash from Investing+-407.85M-991.43M-1.04B-1.61B740.43M267.01M186.04M599.75M-517.98M
Capital Expenditures-8.82M-12.02M-70.87M-178.09M-93.64M-79.18M-114.97M-149.82M-83.47M
CapEx % of Revenue0.03%0.01%0.03%0.05%0.04%0.02%0.03%0.03%0.01%
Acquisitions---------
Investments---------
Other Investing-399.03M-4.49M-717.49M7.13M30.89M40.54M129.84M98.09M99.08M
Cash from Financing+775.38M2.05B852.24M1.57B512.57M-72.47M-87.5M-122.08M-155.87M
Debt Issued (Net)---------
Equity Issued (Net)---------
Dividends Paid000000000
Share Repurchases---------
Other Financing1.3M3.67M9.58M-909.83M-129.18M7.52M14.92M-17.12M-85.05M
Net Change in Cash---------
Free Cash Flow+-495.98M-405.55M-351.54M-283.79M-1.47B-180.9M-352.25M-248.06M766.27M
FCF Margin %-1.44%-0.38%-0.16%-0.08%-0.62%-0.06%-0.09%-0.06%0.13%
FCF Growth %-0.18%0.13%0.19%-4.19%0.88%-0.95%0.3%4.09%
FCF per Share-2.08-1.70-1.24-1.25-4.72-0.54-0.99-0.641.85
FCF Conversion (FCF/Net Income)0.71x0.57x0.31x0.04x0.79x0.10x0.15x0.29x37.30x
Interest Paid000012.54M16.52M16.75M20.18M28.3M
Taxes Paid00326K819K4.04M5.87M10.72M9.43M11.21M

Key Ratios

Metric201620172018201920202021202220232024
Return on Equity (ROE)-73.02%-42.49%-44.06%-111.05%-77.38%-70.4%-183.19%-73.17%3.48%
Return on Invested Capital (ROIC)-111.52%-63.83%-58.36%-94.56%-50.95%-40.44%-72.26%-32.52%-7.79%
Gross Margin18.73%37.77%42.34%39.81%38.79%46.94%40.52%42.23%42.31%
Net Margin-198.89%-64.94%-42.26%-71.97%-74.13%-33.11%-38.69%-7.73%0.39%
Debt / Equity---0.17x0.59x0.73x2.73x1.92x1.64x
Interest Coverage-----55.34x-21.99x-73.93x-18.14x-4.11x
FCF Conversion0.71x0.57x0.31x0.04x0.79x0.10x0.15x0.29x37.30x
Revenue Growth-208.73%103.48%67.67%-34.6%35.68%27.64%7.53%31.39%

Frequently Asked Questions

Valuation & Price

Lyft, Inc. (LYFT) has a price-to-earnings (P/E) ratio of 349.4x. This suggests investors expect higher future growth.

Growth & Financials

Lyft, Inc. (LYFT) reported $6.27B in revenue for fiscal year 2024. This represents a 1728% increase from $343.3M in 2016.

Lyft, Inc. (LYFT) grew revenue by 31.4% over the past year. This is strong growth.

Yes, Lyft, Inc. (LYFT) is profitable, generating $150.7M in net income for fiscal year 2024 (0.4% net margin).

Dividend & Returns

Lyft, Inc. (LYFT) has a return on equity (ROE) of 3.5%. This is below average, suggesting room for improvement.

Lyft, Inc. (LYFT) generated $1.03B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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