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Similarweb Ltd. (SMWB) 10-Year Financial Performance & Capital Metrics

SMWB • • Industrial / General
Communication ServicesInternet ServicesDigital Advertising & Marketing TechnologyAnalytics & Measurement Tools
AboutSimilarweb Ltd. provides a platform for digital intelligence in the United States, Europe, Asia Pacific, the United Kingdom, Israel, and internationally. It offers digital research intelligence solutions that allow senior leaders, strategy, business intelligence, and consumer insights teams to benchmark performance against competitors and market leaders, analyze trends in the market, conduct deeper research into specific companies, and analyze audience behavior; and digital marketing solutions, which enable marketing leaders, search engine optimization, and content managers, pay-per-click, performance marketers, affiliate marketers, and media buyers to understand their competitors' online acquisition strategies in each marketing channel. The company also provides shopper intelligence solutions that allows digital commerce leadership, and category and product managers to analyze a view of their customers' digital journeys, monitor consumer demand, increase brand visibility in the search process, and optimize category and product level conversion in the purchase process; and sales intelligence solutions, which enables sales management and operations, sales representatives, and account management teams to access relevant buying signals and digital insights of their customers in to generate leads quickly. In addition, it offers investor intelligence solution that allows portfolio managers, investment professionals, data scientists, and research analysts to access an end-to-end view of market, sector or company performance to ideate and monitor investment opportunities, forecast market performance, and perform due diligence. The company serves retail, consumer packaged goods, travel, consumer finance, business-to-business software, and logistics companies; and consultancies, marketing and advertising agencies, media and publishers, payment processors, and institutional investors. Similarweb Ltd. was incorporated in 2009 and is headquartered in Tel Aviv, Israel.Show more
  • Revenue $250M +14.6%
  • EBITDA $864K +104.7%
  • Net Income -$11M +61.0%
  • EPS (Diluted) -0.14 +63.2%
  • Gross Margin 78.07% -0.4%
  • EBITDA Margin 0.35% +104.1%
  • Operating Margin -3.87% +70.7%
  • Net Margin -4.58% +66.0%
  • ROE -53.22% +66.0%
  • ROIC -99.22% +32.2%
  • Debt/Equity 1.44 -66.7%
  • Interest Coverage -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong 5Y sales CAGR of 28.8%
  • ✓Efficient asset utilization: 1.0x turnover

✗Weaknesses

  • ✗Weak momentum: RS Rating 16 (bottom 16%)
  • ✗Trading more than 30% below 52-week high
  • ✗Expensive at 18.8x 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-
5Y28.77%
3Y21.99%
TTM14.25%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-226.72%

EPS CAGR

10Y-
5Y-
3Y-
TTM-209.19%

ROCE

10Y Avg-81.65%
5Y Avg-81.65%
3Y Avg-58.43%
Latest-16.03%

Peer Comparison

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Technical
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Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
SCORcomScore, Inc.43.24M8.62-0.56-4.12%-2.75%-5.46%39.99%
LCFYLocafy Limited5.63M3.13-1.30-22.85%-71.77%-68.17%0.16
NNNextNav Inc.2.01B14.93-17.7746.79%-27.72%-156.48%1.43
SMWBSimilarweb Ltd.542.71M6.29-44.9314.63%-11.2%-123.37%5.06%1.44

Profit & Loss

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+70.59M93.49M137.67M193.23M218.02M249.91M
Revenue Growth %-0.32%0.47%0.4%0.13%0.15%
Cost of Goods Sold+20.51M21.42M31.75M53.27M47.09M54.81M
COGS % of Revenue0.29%0.23%0.23%0.28%0.22%0.22%
Gross Profit+50.08M72.07M105.92M139.96M170.93M195.1M
Gross Margin %0.71%0.77%0.77%0.72%0.78%0.78%
Gross Profit Growth %-0.44%0.47%0.32%0.22%0.14%
Operating Expenses+66.19M91.74M172.02M227.82M199.74M204.76M
OpEx % of Revenue0.94%0.98%1.25%1.18%0.92%0.82%
Selling, General & Admin49.98M69.66M127.45M167.91M143.58M149.17M
SG&A % of Revenue0.71%0.75%0.93%0.87%0.66%0.6%
Research & Development16.21M22.09M45.24M59.9M56.16M55.6M
R&D % of Revenue0.23%0.24%0.33%0.31%0.26%0.22%
Other Operating Expenses00-667K290K00
Operating Income+-16.11M-19.67M-66.11M-87.86M-28.81M-9.66M
Operating Margin %-0.23%-0.21%-0.48%-0.45%-0.13%-0.04%
Operating Income Growth %--0.22%-2.36%-0.33%0.67%0.66%
EBITDA+-14.34M-17.71M-63.8M-77.27M-18.55M864K
EBITDA Margin %-0.2%-0.19%-0.46%-0.4%-0.09%0%
EBITDA Growth %--0.24%-2.6%-0.21%0.76%1.05%
D&A (Non-Cash Add-back)1.78M1.96M2.3M10.58M10.26M10.53M
EBIT-16.11M-19.67M-65.91M-87.86M-28.81M-9.66M
Net Interest Income+-1.14M-1.68M-1.89M4.75M815K134K
Interest Income0004.75M815K134K
Interest Expense1.14M1.68M1.89M000
Other Income/Expense-1.14M-1.68M-1.89M4.71M941K134K
Pretax Income+-17.25M-21.36M-68M-83.14M-27.87M-9.53M
Pretax Margin %-0.24%-0.23%-0.49%-0.43%-0.13%-0.04%
Income Tax+458K640K981K516K1.51M1.93M
Effective Tax Rate %1.03%1.03%1.01%1.01%1.05%1.2%
Net Income+-17.71M-22M-68.98M-83.66M-29.37M-11.46M
Net Margin %-0.25%-0.24%-0.5%-0.43%-0.13%-0.05%
Net Income Growth %--0.24%-2.14%-0.21%0.65%0.61%
Net Income (Continuing)-17.71M-22M-68.98M-83.66M-29.37M-11.46M
Discontinued Operations000000
Minority Interest000000
EPS (Diluted)+-1.32-0.33-1.30-1.10-0.38-0.14
EPS Growth %-0.75%-2.94%0.15%0.65%0.63%
EPS (Basic)-1.32-0.33-0.92-1.10-0.38-0.14
Diluted Shares Outstanding13.43M66.12M74.86M75.72M77.75M82.07M
Basic Shares Outstanding13.43M66.12M74.86M75.72M77.75M82.07M
Dividend Payout Ratio------

Balance Sheet

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+33M88.25M187.69M142.18M146.38M141.36M
Cash & Short-Term Investments7.48M53.94M128.88M77.81M71.73M63.87M
Cash Only7.03M23.94M128.88M77.81M71.73M63.87M
Short-Term Investments447K30M0000
Accounts Receivable19.21M25.75M32.05M39.19M49.29M51.7M
Days Sales Outstanding99.33100.5284.9674.0282.5275.5
Inventory00000222K
Days Inventory Outstanding-----1.48
Other Current Assets5.45M7.4M23.91M21.68M22.59M22.61M
Total Non-Current Assets+12.96M15.39M39.31M103.86M92.63M101.56M
Property, Plant & Equipment6.92M6.09M6.36M72.65M64.64M60.31M
Fixed Asset Turnover10.20x15.35x21.66x2.66x3.37x4.14x
Goodwill2.87M2.87M11.32M12.87M12.87M25.27M
Intangible Assets0011.62M9.56M4.79M5.58M
Long-Term Investments000000
Other Non-Current Assets3.18M6.43M10.02M8.79M10.34M10.39M
Total Assets+45.96M103.63M227M246.04M239.01M242.91M
Asset Turnover1.54x0.90x0.61x0.79x0.91x1.03x
Asset Growth %-1.25%1.19%0.08%-0.03%0.02%
Total Current Liabilities+75.49M109.11M134.15M180.93M184.19M177.19M
Accounts Payable3.05M4.35M11.3M7.14M8.42M12.4M
Days Payables Outstanding54.3474.12129.9348.9565.2882.59
Short-Term Debt16.85M26.85M025M25M0
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K
Other Current Liabilities8.48M13.74M22.24M346K23.26M29K
Current Ratio0.44x0.81x1.40x0.79x0.79x0.80x
Quick Ratio0.44x0.81x1.40x0.79x0.79x0.80x
Cash Conversion Cycle------5.61
Total Non-Current Liabilities+3.68M3.77M7.94M43.16M39.28M38.21M
Long-Term Debt000000
Capital Lease Obligations00040.08M35.33M32.81M
Deferred Tax Liabilities000000
Other Non-Current Liabilities3.47M3.03M5.86M2.11M3.07M4.23M
Total Liabilities79.17M112.88M142.09M224.09M223.47M215.4M
Total Debt+16.85M26.85M074.17M67.42M39.73M
Net Debt9.82M2.91M-128.88M-3.64M-4.31M-24.14M
Debt / Equity---3.38x4.34x1.44x
Debt / EBITDA-----45.99x
Net Debt / EBITDA------27.94x
Interest Coverage-14.17x-11.70x-34.96x---
Total Equity+-33.21M-9.25M84.91M21.95M15.55M27.51M
Equity Growth %-0.72%10.18%-0.74%-0.29%0.77%
Book Value per Share-2.47-0.141.130.290.200.34
Total Shareholders' Equity-33.21M-9.25M84.91M21.95M15.55M27.51M
Common Stock37K42K205K210K216K227K
Retained Earnings-148.26M-171.09M-240.06M-323.73M-353.1M-364.56M
Treasury Stock000000
Accumulated OCI149K76K160K-367K872K388K
Minority Interest000000

Cash Flow

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-9.69M-3.76M-27.63M-46.06M-3.04M30.17M
Operating CF Margin %-0.14%-0.04%-0.2%-0.24%-0.01%0.12%
Operating CF Growth %-0.61%-6.35%-0.67%0.93%10.93%
Net Income-17.71M-22M-68.98M-83.66M-29.37M-11.46M
Depreciation & Amortization1.78M1.96M3.17M10.58M10.26M10.53M
Stock-Based Compensation2M4.8M11.17M16.99M18.13M17.61M
Deferred Taxes000000
Other Non-Cash Items-435K113K-31K950K1.59M591K
Working Capital Changes4.67M11.36M27.05M9.07M-3.64M12.9M
Change in Receivables-6.01M-6.62M-5.13M-6.88M-9.73M-2.13M
Change in Inventory000000
Change in Payables-189K1.29M6.63M-4.28M1.25M3.6M
Cash from Investing+479K-30.76M7.36M-33.01M-2.59M-18.7M
Capital Expenditures-284K-748K-2.31M-28.26M-1.56M-1.43M
CapEx % of Revenue0%0.01%0.02%0.15%0.01%0.01%
Acquisitions------
Investments------
Other Investing763K-30.01M-10.82M-1.26M-1.03M-1.86M
Cash from Financing+10.39M51.23M125.25M29.12M1.19M-18.84M
Debt Issued (Net)------
Equity Issued (Net)------
Dividends Paid000000
Share Repurchases------
Other Financing589K1.44M1.22M4.12M1.19M6.16M
Net Change in Cash------
Free Cash Flow+-11.5M-4.89M-30.74M-77.24M-5.42M27.44M
FCF Margin %-0.16%-0.05%-0.22%-0.4%-0.02%0.11%
FCF Growth %-0.57%-5.28%-1.51%0.93%6.06%
FCF per Share-0.86-0.07-0.41-1.02-0.070.33
FCF Conversion (FCF/Net Income)0.55x0.17x0.40x0.55x0.10x-2.63x
Interest Paid879K1.15M531K000
Taxes Paid326K190K468K485K1.88M1.17M

Key Ratios

Metric201920202021202220232024
Return on Equity (ROE)---182.33%-156.57%-156.66%-53.22%
Return on Invested Capital (ROIC)----359.93%-146.25%-99.22%
Gross Margin70.94%77.09%76.94%72.43%78.4%78.07%
Net Margin-25.08%-23.53%-50.11%-43.3%-13.47%-4.58%
Debt / Equity---3.38x4.34x1.44x
Interest Coverage-14.17x-11.70x-34.96x---
FCF Conversion0.55x0.17x0.40x0.55x0.10x-2.63x
Revenue Growth-32.44%47.26%40.36%12.83%14.63%

Revenue by Geography

2021202220232024
UNITED STATES61.1M90.87M103.53M120.52M
UNITED STATES Growth-48.72%13.93%16.42%
Europe29.76M38.36M41.78M46.43M
Europe Growth-28.92%8.90%11.13%
Asia Pacific21.56M30.29M33.95M38.76M
Asia Pacific Growth-40.48%12.10%14.16%
Other Geographic Region8.48M11.56M13.51M17.27M
Other Geographic Region Growth-36.24%16.83%27.91%
ISRAEL2.13M3.13M3.55M4.22M
ISRAEL Growth-47.11%13.49%18.87%

Frequently Asked Questions

Growth & Financials

Similarweb Ltd. (SMWB) reported $275.4M in revenue for fiscal year 2024. This represents a 290% increase from $70.6M in 2019.

Similarweb Ltd. (SMWB) grew revenue by 14.6% over the past year. This is steady growth.

Similarweb Ltd. (SMWB) reported a net loss of $30.9M for fiscal year 2024.

Dividend & Returns

Similarweb Ltd. (SMWB) has a return on equity (ROE) of -53.2%. Negative ROE indicates the company is unprofitable.

Similarweb Ltd. (SMWB) generated $12.7M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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