Cardlytics, Inc. (CDLX) Financial Ratios
11 years of historical data (2015–2025) · Communication Services · Advertising Agencies
EV/EBITDA
N/A
—
5yr avg: N/A
P/FCF
3.43
↓-51% vs avg
5yr avg: 6.93
30Y Low6.9·High6.9
P/B Ratio
↓
N/A
—
5yr avg: 2.26
30Y Low0.9·High24.7
ROE
↓
-326.0%
↑-126% vs avg
5yr avg: -144.4%
30Y Low-326%·High-18%
Debt/EBITDA
N/A
—
5yr avg: N/A
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
CDLX Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Cardlytics, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 3.4x P/FCF, 51% below the 5-year average of 6.9x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $30M | $61M | $179M | $336M | $193M | $2.1B | $3.9B | $1.5B | $206M | — | — |
| Enterprise Value | $197M | $228M | $335M | $510M | $307M | $2.1B | $3.8B | $1.4B | $214M | — | — |
| P/E Ratio → | -0.27 | — | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 0.13 | 0.26 | 0.64 | 1.09 | 0.65 | 7.97 | 20.79 | 7.09 | 1.37 | — | — |
| P/B Ratio | — | — | 2.56 | 2.49 | 0.91 | 3.08 | 24.72 | 10.42 | 3.97 | — | — |
| P/FCF | 3.43 | 6.93 | — | — | — | — | — | 3415.73 | — | — | — |
| P/OCF | 3.25 | 6.57 | — | — | — | — | — | 130.28 | — | — | — |
P/E links to full P/E history page with 30-year chart
CDLX EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.98 | 1.21 | 1.65 | 1.03 | 7.83 | 20.23 | 6.60 | 1.42 | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | 25.84 | — | — | — | — | — | 3176.78 | — | — | — |
CDLX Profitability
Margins and return-on-capital ratios measuring operating efficiency
Cardlytics, Inc. earns an operating margin of -20.2%, below the Communication Services sector average of 1.6%. Operating margins have expanded from -43.9% to -20.2% over the past 3 years, signaling improving operational efficiency. A negative ROE of -326.0% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 45.0% | 45.0% | 43.4% | 42.2% | 37.7% | 38.7% | 33.9% | 37.8% | 36.3% | 38.4% | 35.8% |
| Operating Margin | -20.2% | -20.2% | -70.2% | -43.9% | -153.3% | -45.9% | -28.9% | -8.2% | -27.2% | -13.1% | -49.8% |
| Net Profit Margin | -44.4% | -44.4% | -68.0% | -43.6% | -155.8% | -48.1% | -29.7% | -8.1% | -35.2% | -15.1% | -67.1% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -326.0% | -326.0% | -184.9% | -77.8% | -103.1% | -30.3% | -36.9% | -17.6% | -102.1% | — | — |
| ROA | -30.5% | -30.5% | -39.2% | -21.3% | -47.6% | -15.2% | -17.1% | -9.1% | -41.7% | -20.9% | -89.5% |
| ROIC | -18.3% | -18.3% | -54.8% | -32.1% | -70.1% | -26.0% | -89.0% | -26.5% | — | — | — |
| ROCE | -20.9% | -20.9% | -60.5% | -32.1% | -66.4% | -19.2% | -22.1% | -14.0% | -51.0% | -32.3% | -180.6% |
CDLX Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Net debt stands at $167M ($215M total debt minus $49M cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | 3.17 | 1.97 | 1.11 | 0.29 | 1.20 | 0.00 | 0.90 | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | — | 2.23 | 1.29 | 0.54 | -0.05 | -0.67 | -0.73 | 0.14 | — | — |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Debt / FCF | — | 18.91 | — | — | — | — | — | -238.95 | — | — | — |
| Interest Coverage | -8.74 | -8.74 | -20.26 | -20.79 | -116.21 | -9.63 | -15.02 | -12.05 | -15.25 | -1.37 | -4.92 |
CDLX Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.75x means Cardlytics, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 1.31x to 1.75x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.75 | 1.75 | 1.19 | 1.31 | 1.00 | 1.10 | 4.74 | 2.50 | 2.40 | 1.77 | 1.73 |
| Quick Ratio | 1.75 | 1.75 | 1.19 | 1.31 | 1.00 | 1.10 | 4.74 | 2.50 | 2.01 | 1.77 | 1.72 |
| Cash Ratio | 0.62 | 0.62 | 0.44 | 0.54 | 0.49 | 0.71 | 3.61 | 1.33 | 0.76 | 0.50 | 0.58 |
| Asset Turnover | — | 0.82 | 0.71 | 0.54 | 0.43 | 0.21 | 0.44 | 0.94 | 0.98 | 1.29 | 1.30 |
| Inventory Turnover | — | — | — | — | — | — | — | — | 4.74 | — | 557.02 |
| Days Sales Outstanding | — | 133.40 | 140.40 | 148.74 | 146.81 | 160.12 | 169.04 | 148.06 | 146.65 | 143.48 | 141.75 |
CDLX Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Cardlytics, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — | — | — |
| FCF Yield | 29.2% | 14.4% | — | — | — | — | — | 0.0% | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 20.7% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 20.7% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Shares Outstanding | — | $5M | $5M | $4M | $3M | $3M | $3M | $2M | $2M | $2M | $1M |
Peer Comparison
Compare CDLX with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 CDLXYou | $30M | -0.3 | — | 3.4 | 45.0% | -20.2% | -326.0% | -18.3% | — |
 PERI | $351M | -44.8 | 73.9 | 9.2 | 30.5% | -3.1% | -1.1% | -1.7% | 10.3 |
 MGNI | $3B | 18.8 | 15.1 | 15.5 | 62.7% | 13.7% | 17.1% | 9.5% | 1.8 |
 APPS | $1B | -26.1 | — | 92.9 | 48.6% | 6.0% | -21.8% | 4.8% | — |
 ACMR | $7B | 80.2 | 54.2 | — | 44.4% | 12.1% | 6.2% | 7.0% | 2.4 |
 IAS | $2B | 45.0 | 13.7 | 22.4 | 78.5% | 11.4% | 3.9% | 4.6% | 0.5 |
 TTD | $9B | 20.3 | 12.0 | 10.9 | 78.6% | 20.3% | 16.3% | 21.3% | 0.6 |
 CRTO | $876M | 6.6 | 2.1 | 4.2 | 54.0% | 10.4% | 12.8% | 16.1% | 0.5 |
 PUBM | $528M | -36.5 | 16.1 | 7.9 | 63.6% | -6.1% | -5.4% | -6.8% | 1.7 |
 DV | $2B | 34.4 | 10.5 | 9.2 | 82.2% | 10.6% | 4.6% | 6.4% | 0.7 |
 KLAR | $7B | -23.8 | — | — | 35.3% | -6.5% | -11.9% | -760.0% | — |
| Communication Services Median | — | 15.3 | 9.6 | 11.4 | 48.5% | 1.6% | 2.0% | 2.6% | 3.6 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 11 years · Updated daily
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CDLX — Frequently Asked Questions
Quick answers to the most common questions about buying CDLX stock.
What is Cardlytics, Inc.'s P/E ratio?
Cardlytics, Inc.'s current P/E ratio is -0.3x. This places it at the 50th percentile of its historical range.
What is Cardlytics, Inc.'s ROE?
Cardlytics, Inc.'s return on equity (ROE) is -326.0%. The historical average is -109.8%.
Is CDLX stock overvalued?
Based on historical data, Cardlytics, Inc. is trading at a P/E of -0.3x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Cardlytics, Inc.'s profit margins?
Cardlytics, Inc. has 45.0% gross margin and -20.2% operating margin.