Latest Ratios: P/E Ratio -3.8x · EV/EBITDA N/A · ROE -97.6%. (2019–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Market Cap | $54M | $43M | $51M | $62M | $66M | $846M | — | — |
| Enterprise Value | $66M | $55M | $54M | $65M | $66M | $858M | — | — |
| P/E Ratio → | -3.76 | — | — | — | — | — | — | — |
| P/S Ratio | 0.31 | 0.25 | 0.25 | 0.24 | 0.21 | 2.20 | — | — |
| P/B Ratio | 6.43 | 5.53 | 3.17 | 3.40 | 2.49 | 26.74 | — | — |
| P/FCF | — | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
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 |
|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.32 | 0.27 | 0.25 | 0.21 | 2.24 | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
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 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 53.7% | 53.7% | 53.8% | 53.0% | 48.1% | 49.1% | 48.3% | 35.8% |
| Operating Margin | -4.7% | -4.7% | -6.0% | -13.6% | -43.8% | -33.6% | -18.3% | -70.0% |
| Net Profit Margin | -6.7% | -6.7% | -13.5% | -16.7% | -27.3% | -35.4% | -19.8% | -69.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| ROE | -97.6% | -97.6% | -159.7% | -193.6% | -301.6% | -151.1% | -98.0% | — |
| ROA | -19.8% | -19.8% | -25.4% | -26.6% | -49.2% | -60.1% | -40.4% | -184.1% |
| ROIC | -31.7% | -31.7% | -46.1% | -110.6% | -300.7% | -262.0% | -736.2% | — |
| ROCE | -25.6% | -25.6% | -16.0% | -30.4% | -122.7% | -80.6% | -63.3% | -4514.9% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 2.63 | 2.63 | 1.36 | 4.94 | 3.06 | 2.86 | 0.39 | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | 1.54 | 0.15 | 0.17 | 0.00 | 0.38 | -0.80 | — |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — |
| Interest Coverage | -6.63 | -6.63 | -1.14 | -1.69 | -8.05 | -25.11 | -11.88 | -77.68 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.25 | 1.25 | 1.66 | 3.54 | 2.47 | 2.04 | 3.61 | 0.83 |
| Quick Ratio | 0.59 | 0.59 | 0.95 | 2.72 | 1.70 | 1.25 | 2.87 | 0.48 |
| Cash Ratio | 0.31 | 0.31 | 0.73 | 2.47 | 1.41 | 1.13 | 2.80 | 0.44 |
| Asset Turnover | — | 3.27 | 3.13 | 1.72 | 1.85 | 2.10 | 1.35 | 2.66 |
| Inventory Turnover | 4.37 | 4.37 | 4.86 | 4.24 | 3.78 | 3.58 | 4.04 | 5.04 |
| Days Sales Outstanding | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
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 |
|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Shares Outstanding | — | $39M | $37M | $35M | $33M | $17M | $11M | $12M |
Imminent liquidity insolvency
As reported in recent financial filings, Grove's P/S ratio of 0.31 suggests the market is pricing the company as a distressed asset rather than a growth-oriented consumer brand, reflecting deep skepticism regarding its ability to achieve sustainable profitability amidst a persistent -14.6% year-over-year revenue contraction.
The current valuation multiple represents a significant discount to established CPG peers, implying that investors are assigning little to no terminal value to the company's proprietary DTC platform. This pricing suggests that the market views the ongoing omnichannel pivot as a defensive necessity rather than a catalyst for multiple expansion.
Based on historical financial data, Grove's ROIC has remained consistently negative, bottoming out at -30.3% in 2024Q4 and showing only marginal improvement to -3.9% in 2026Q1, which indicates that the company is currently destroying shareholder capital rather than compounding it through its core business operations.
The persistent inability to generate positive returns on invested capital highlights a structural mismatch between the company's high-cost logistics infrastructure and its current revenue scale. Investors should monitor whether the shift toward wholesale distribution can eventually drive asset efficiency, though current trends suggest that capital remains trapped in underperforming operational segments.
According to recent quarterly reports, Grove's cash conversion cycle has remained elevated, with inventory days outstanding reaching 110 days in 2026Q1, suggesting that the company is struggling to optimize its supply chain and manage inventory turnover effectively as it transitions away from its legacy DTC model.
The high inventory duration relative to historical norms implies that the company may be holding excess stock that is not moving through retail channels as quickly as anticipated. This inefficiency ties up critical liquidity, further exacerbating the company's already precarious cash position and limiting its operational flexibility.
As indicated by the company's financial statements, the debt-to-equity ratio has surged to 2.68 in 2026Q1, a significant escalation that reflects a capital structure increasingly reliant on debt to bridge the gap between persistent operating losses and the company's dwindling cash reserves.
The negative interest coverage ratio of -6.55 underscores the severity of the company's debt service burden, which appears unsustainable without a fundamental improvement in operating margins. This leverage profile leaves the company with virtually no margin for error, potentially forcing management to seek dilutive financing to avoid default.
While Grove's gross margin of 53.69% appears robust compared to traditional CPG peers, this metric is frequently misapplied as a proxy for earning power, as it fails to account for the massive fulfillment and customer acquisition costs required to sustain the company's unique DTC-to-omnichannel business model.
Analysts should prioritize operating margin and free cash flow over gross margin, as the latter obscures the high variable costs inherent in the company's logistics network. Relying on gross margin alone risks overestimating the company's ability to reach break-even, as it ignores the structural overhead that currently prevents the business from achieving true profitability.
Includes 30+ ratios · 7 years · Updated daily
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Quick answers to the most common questions about buying GROV stock.
Grove Collaborative Holdings, Inc.'s current P/E ratio is -3.8x. This places it at the 50th percentile of its historical range.
Grove Collaborative Holdings, Inc.'s return on equity (ROE) is -97.6%. The historical average is -166.9%.
Based on historical data, Grove Collaborative Holdings, Inc. is trading at a P/E of -3.8x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Grove Collaborative Holdings, Inc. has 53.7% gross margin and -4.7% operating margin.