5 years of historical data (2021–2025) · Technology · Software - Infrastructure
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Klaviyo, 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 12.8x P/FCF, 79% below the 5-year average of 59.5x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Market Cap | $2.8B | $9.4B | $11.0B | $6.7B | — | — |
| Enterprise Value | $1.8B | $8.5B | $10.2B | $6.1B | — | — |
| P/E Ratio → | -158.27 | — | — | — | — | — |
| P/S Ratio | 2.26 | 7.65 | 11.72 | 9.67 | — | — |
| P/B Ratio | 4.23 | 7.89 | 10.62 | 7.38 | — | — |
| P/FCF | 12.77 | 43.33 | 73.85 | 61.33 | — | — |
| P/OCF | 12.77 | 43.33 | 66.19 | 56.53 | — | — |
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 |
|---|---|---|---|---|---|---|
| EV / Revenue | — | 6.89 | 10.83 | 8.68 | — | — |
| EV / EBITDA | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — |
| EV / FCF | — | 39.00 | 68.28 | 55.09 | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Klaviyo, Inc. earns an operating margin of -5.5%. Operating margins have expanded from -47.4% to -5.5% over the past 3 years, signaling improving operational efficiency. A negative ROE of -2.8% indicates the company is currently destroying shareholder equity.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Gross Margin | 74.7% | 74.7% | 76.4% | 74.5% | 72.9% | 70.9% |
| Operating Margin | -5.5% | -5.5% | -9.0% | -47.4% | -11.6% | -27.3% |
| Net Profit Margin | -2.6% | -2.6% | -4.9% | -44.2% | -10.4% | -27.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| ROE | -2.8% | -2.8% | -4.7% | -33.7% | — | — |
| ROA | -2.2% | -2.2% | -3.9% | -35.9% | -9.0% | -17.1% |
| ROIC | -22.2% | -22.2% | -29.1% | -108.9% | — | — |
| ROCE | -5.7% | -5.7% | -8.3% | -44.0% | -11.8% | -20.4% |
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $1.1B exceeds total debt of $121M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Debt / Equity | 0.10 | 0.10 | 0.05 | 0.06 | — | — |
| Debt / EBITDA | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.79 | -0.80 | -0.75 | — | — |
| Net Debt / EBITDA | — | — | — | — | — | — |
| Debt / FCF | — | -4.33 | -5.57 | -6.24 | — | — |
| Interest Coverage | — | — | — | — | — | -9904.13 |
Net cash position: cash ($1.1B) exceeds total debt ($121M)
Short-term solvency ratios and asset-utilisation metrics
Klaviyo, Inc.'s current ratio of 4.27x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has declined from 6.15x to 4.27x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Current Ratio | 4.27 | 4.27 | 4.90 | 6.15 | 5.03 | 4.63 |
| Quick Ratio | 4.27 | 4.27 | 4.90 | 6.15 | 5.03 | 4.63 |
| Cash Ratio | 3.77 | 3.77 | 4.41 | 5.65 | 4.54 | 4.26 |
| Asset Turnover | — | 0.78 | 0.74 | 0.64 | 0.75 | 0.63 |
| Inventory Turnover | — | — | — | — | — | — |
| Days Sales Outstanding | — | 17.96 | 16.78 | 12.07 | 8.28 | 7.90 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Klaviyo, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — |
| FCF Yield | 7.8% | 2.3% | 1.4% | 1.6% | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Shares Outstanding | — | $291M | $266M | $243M | $252M | $252M |
Compare KVYO 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 |
|---|---|---|---|---|---|---|---|---|---|
| KVYOYou | $3B | -158.3 | — | 12.8 | 74.7% | -5.5% | -2.8% | -22.2% | — |
| PLTR | $313B | 217.8 | 216.8 | 149.2 | 82.4% | 31.6% | 25.8% | 22.3% | 0.2 |
| MDB | $27B | -189.9 | — | 221.5 | 73.3% | -10.8% | -6.7% | -8.6% | — |
| IOT | $8B | -103.2 | — | 70.0 | 76.1% | -15.2% | -15.6% | -15.8% | — |
| CLBT | $3B | 43.0 | 40.3 | 20.3 | 84.2% | 14.0% | 19.1% | 18.5% | 0.3 |
| TDC | $3B | 27.1 | 10.2 | 10.8 | 60.5% | 11.9% | 85.1% | 54.2% | 1.9 |
| AVPT | $2B | 71.9 | 49.1 | 25.6 | 74.1% | 7.9% | 9.4% | 1143.3% | 0.3 |
| RAMP | $2B | -2245.5 | 59.2 | 11.1 | 71.0% | 0.7% | -0.1% | 0.7% | 1.6 |
| CFLT | $2B | -35.7 | — | 24.8 | 74.3% | -32.6% | -27.7% | -15.8% | — |
| CGNT | $511M | -41.7 | 50.9 | 15.2 | 70.4% | -1.5% | -5.6% | -2.5% | 4.2 |
| VERI | $200M | -2.9 | — | — | 70.6% | -95.2% | -144.9% | -52.8% | — |
| Technology Median | — | 25.2 | 15.7 | 17.3 | 49.8% | -0.9% | 1.1% | 2.9% | 3.0 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 5 years · Updated daily
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Start ComparisonKlaviyo, Inc.'s current P/E ratio is -158.3x. This places it at the 50th percentile of its historical range.
Klaviyo, Inc.'s return on equity (ROE) is -2.8%. The historical average is -13.8%.
Based on historical data, Klaviyo, Inc. is trading at a P/E of -158.3x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Klaviyo, Inc. has 74.7% gross margin and -5.5% operating margin.