Ibotta, Inc. (IBTA) Financial Ratios
4 years of historical data (2022–2025) · Technology · Software - Application
EV/EBITDA
↑
88.24
↑+93% vs avg
5yr avg: 45.64
30Y Low38.9·High52.4
P/FCF
↓
13.89
+8% vs avg
5yr avg: 12.83
30Y Low9.1·High16.5
P/B Ratio
↓
3.84
↑+24% vs avg
5yr avg: 3.10
30Y Low2.4·High3.8
ROE
↓
1.0%
↑-98% vs avg
5yr avg: 55.3%
30Y Low1%·High136%
Debt/EBITDA
↑
2.56
↑+43% vs avg
5yr avg: 1.79
30Y Low1.0·High2.6
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
IBTA Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Ibotta, Inc. trades at 305.9x earnings, 185% above its 5-year average of 107.4x, sitting at the 100th percentile of its historical range. Compared to the Technology sector median P/E of 27.7x, the stock trades at a premium of 1005%. On a free-cash-flow basis, the stock trades at 13.9x P/FCF, 8% above the 5-year average of 12.8x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Market Cap | $1.0B | $684M | $1.7B | — | — |
| Enterprise Value | $880M | $523M | $1.4B | — | — |
| P/E Ratio → | 305.92 | 189.42 | 25.42 | — | — |
| P/S Ratio | 3.04 | 2.00 | 4.76 | — | — |
| P/B Ratio | 3.84 | 2.38 | 3.82 | — | — |
| P/FCF | 13.89 | 9.12 | 16.54 | — | — |
| P/OCF | 10.93 | 7.18 | 15.08 | — | — |
P/E links to full P/E history page with 30-year chart
IBTA EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Ibotta, Inc.'s enterprise value stands at 88.2x EBITDA, 93% above its 5-year average of 45.6x. The Technology sector median is 17.5x, placing the stock at a 406% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| EV / Revenue | — | 1.53 | 3.81 | — | — |
| EV / EBITDA | 88.24 | 52.44 | 38.85 | — | — |
| EV / EBIT | 531.87 | 316.06 | 57.10 | — | — |
| EV / FCF | — | 6.98 | 13.23 | — | — |
IBTA Profitability
Margins and return-on-capital ratios measuring operating efficiency
Ibotta, Inc. earns an operating margin of 0.5%. Operating margins have compressed from 17.5% to 0.5% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 1.0% is modest. ROIC of 1.1% represents below-average returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Gross Margin | 78.1% | 78.1% | 86.4% | 85.1% | 76.6% |
| Operating Margin | 0.5% | 0.5% | 7.6% | 17.5% | -19.1% |
| Net Profit Margin | 1.0% | 1.0% | 18.7% | 11.9% | -26.0% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| ROE | 1.0% | 1.0% | 28.3% | 136.5% | — |
| ROA | 0.6% | 0.6% | 13.8% | 14.8% | -28.1% |
| ROIC | 1.1% | 1.1% | 30.4% | 219.7% | -358.2% |
| ROCE | 0.4% | 0.4% | 9.4% | 64.8% | -78.8% |
IBTA Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Ibotta, Inc. carries a Debt/EBITDA ratio of 2.6x, which is moderately leveraged (13% below the sector average of 2.9x). The company holds a net cash position — cash of $187M exceeds total debt of $26M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Debt / Equity | 0.09 | 0.09 | — | 2.31 | — |
| Debt / EBITDA | 2.56 | 2.56 | — | 1.03 | — |
| Net Debt / Equity | — | -0.56 | -0.76 | 0.07 | — |
| Net Debt / EBITDA | -16.15 | -16.15 | -9.70 | 0.03 | — |
| Debt / FCF | — | -2.15 | -3.30 | 0.13 | — |
| Interest Coverage | — | — | — | 8.13 | -7.59 |
Net cash position: cash ($187M) exceeds total debt ($26M)
IBTA Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.96x means Ibotta, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 1.51x to 1.96x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Current Ratio | 1.96 | 1.96 | 2.85 | 1.51 | 1.21 |
| Quick Ratio | 1.96 | 1.96 | 2.85 | 1.51 | 1.21 |
| Cash Ratio | 0.90 | 0.90 | 1.71 | 0.32 | 0.32 |
| Asset Turnover | — | 0.65 | 0.54 | 1.00 | 1.08 |
| Inventory Turnover | — | — | — | — | — |
| Days Sales Outstanding | — | 222.49 | 219.53 | 258.25 | 210.58 |
IBTA Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Ibotta, Inc. returns 22.4% to shareholders annually primarily through share buybacks. The earnings yield of 0.3% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Earnings Yield | 0.3% | 0.5% | 3.9% | — | — |
| FCF Yield | 7.2% | 11.0% | 6.0% | — | — |
| Buyback Yield | 22.4% | 34.1% | 1.8% | — | — |
| Total Shareholder Yield | 22.4% | 34.1% | 1.8% | — | — |
| Shares Outstanding | — | $30M | $27M | $30M | $30M |
Peer Comparison
Compare IBTA 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 |
|---|---|---|---|---|---|---|---|---|---|
 IBTAYou | $1B | 305.9 | 88.2 | 13.9 | 78.1% | 0.5% | 1.0% | 1.1% | 2.6 |
 DSGX | $6B | 38.4 | 18.1 | 23.7 | 65.9% | 32.3% | 11.2% | 14.9% | 0.0 |
 CDLX | $43M | -0.4 | — | 4.9 | 45.0% | -20.2% | -326.0% | -18.3% | — |
 PERI | $483M | -56.7 | 106.0 | 12.7 | 30.5% | -3.1% | -1.1% | -1.7% | 10.3 |
 ACMR | $4B | 43.2 | 27.5 | — | 44.4% | 12.1% | 6.2% | 7.0% | 2.4 |
 MAPS | $18M | 18.7 | -1.3 | 0.7 | 94.9% | 0.4% | 1.6% | 0.6% | 1.9 |
 PRCH | $1B | -348.1 | 27.5 | 23.7 | 70.5% | 7.6% | 68.4% | 9.9% | 6.9 |
 TPVG | $243M | 4.9 | 9.1 | — | 83.5% | 77.9% | 14.1% | 7.2% | 6.2 |
 KR | $42B | 43.1 | 10.9 | 12.5 | 21.0% | 1.3% | 14.3% | 5.0% | 4.2 |
 WMT | $1.0T | 47.7 | 24.8 | 25.0 | 24.9% | 4.2% | 22.2% | 14.7% | 1.5 |
 COST | $449B | 55.6 | 34.6 | 57.2 | 12.8% | 3.8% | 30.7% | 34.5% | 0.6 |
| Technology Median | — | 27.7 | 17.5 | 19.2 | 48.5% | -0.6% | 2.4% | 2.9% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonIBTA — Frequently Asked Questions
Quick answers to the most common questions about buying IBTA stock.
What is Ibotta, Inc.'s P/E ratio?
Ibotta, Inc.'s current P/E ratio is 305.9x. The historical average is 107.4x. This places it at the 100th percentile of its historical range.
What is Ibotta, Inc.'s EV/EBITDA?
Ibotta, Inc.'s current EV/EBITDA is 88.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 45.6x.
What is Ibotta, Inc.'s ROE?
Ibotta, Inc.'s return on equity (ROE) is 1.0%. The historical average is 55.3%.
Is IBTA stock overvalued?
Based on historical data, Ibotta, Inc. is trading at a P/E of 305.9x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Ibotta, Inc.'s profit margins?
Ibotta, Inc. has 78.1% gross margin and 0.5% operating margin.
How much debt does Ibotta, Inc. have?
Ibotta, Inc.'s Debt/EBITDA ratio is 2.6x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.