10 years of historical data (2016–2025) · Technology · Software - Application
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
Lyft, Inc. trades at 2.0x earnings, 98% below its 5-year average of 118.5x, sitting at the 0th percentile of its historical range. Compared to the Technology sector median P/E of 25.2x, the stock trades at a discount of 92%. On a free-cash-flow basis, the stock trades at 5.0x P/FCF, 30% below the 5-year average of 7.1x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $5.5B | $8.1B | $5.3B | $5.8B | $3.9B | $14.3B | $15.3B | $9.8B | — | — | — |
| Enterprise Value | $5.1B | $6.4B | $5.7B | $6.3B | $4.7B | $14.8B | $16.0B | $9.9B | — | — | — |
| P/E Ratio → | 2.03 | 2.84 | 234.12 | — | — | — | — | — | — | — | — |
| P/S Ratio | 0.88 | 1.28 | 0.92 | 1.31 | 0.95 | 4.46 | 6.49 | 2.71 | — | — | — |
| P/B Ratio | 1.77 | 2.47 | 6.96 | 10.67 | 10.06 | 10.66 | 9.15 | 3.43 | — | — | — |
| P/FCF | 4.97 | 7.25 | 6.96 | — | — | — | — | — | — | — | — |
| P/OCF | 4.75 | 6.92 | 6.28 | — | — | — | — | — | — | — | — |
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 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.02 | 0.99 | 1.42 | 1.15 | 4.62 | 6.77 | 2.74 | — | — | — |
| EV / EBITDA | — | — | 191.76 | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | 105.93 | — | — | — | — | — | — | — | — |
| EV / FCF | — | 5.77 | 7.50 | — | — | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Lyft, Inc. earns an operating margin of -3.0%. Operating margins have expanded from -10.8% to -3.0% over the past 3 years, signaling improving operational efficiency. Return on equity of 140.8% is exceptionally high, though this is partly amplified by negative book value driven by aggressive share buybacks.
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 | 41.5% | 41.5% | 42.3% | 42.2% | 40.5% | 46.9% | 38.8% | 39.8% | 42.3% | 37.8% | 18.7% |
| Operating Margin | -3.0% | -3.0% | -2.1% | -10.8% | -35.6% | -35.4% | -76.5% | -74.7% | -45.3% | -66.8% | -201.7% |
| Net Profit Margin | 45.0% | 45.0% | 0.4% | -7.7% | -38.7% | -33.1% | -74.1% | -72.0% | -42.3% | -64.9% | -198.9% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 140.8% | 140.8% | 3.5% | -73.2% | -183.2% | -70.4% | -77.4% | -111.1% | -44.1% | -42.5% | -73.0% |
| ROA | 39.3% | 39.3% | 0.5% | -7.5% | -34.0% | -22.5% | -33.8% | -55.1% | -26.9% | -32.3% | -54.7% |
| ROIC | -7.1% | -7.1% | -8.1% | -32.5% | -72.3% | -40.4% | -51.0% | -94.6% | -58.4% | -63.8% | -111.5% |
| ROCE | -6.2% | -6.2% | -7.5% | -31.4% | -79.3% | -46.7% | -61.9% | -105.9% | -46.7% | -43.4% | -73.4% |
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $1.8B exceeds total debt of $1.4B, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.41 | 0.41 | 1.53 | 1.92 | 2.73 | 0.73 | 0.59 | 0.17 | — | — | — |
| Debt / EBITDA | — | — | 39.10 | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.50 | 0.54 | 0.89 | 2.01 | 0.39 | 0.40 | 0.04 | -0.28 | -0.48 | -0.50 |
| Net Debt / EBITDA | — | — | 13.78 | — | — | — | — | — | — | — | — |
| Debt / FCF | — | -1.48 | 0.54 | — | — | — | — | — | — | — | — |
| Interest Coverage | -9.08 | -9.08 | -4.11 | -18.14 | -73.93 | -21.99 | -55.34 | — | — | — | — |
Net cash position: cash ($1.8B) exceeds total debt ($1.4B)
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.65x is below 1.0, meaning current liabilities exceed current assets — though the company's $1.8B cash position helps mitigate short-term liquidity concerns. The current ratio has declined from 0.87x to 0.65x 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 | 0.65 | 0.65 | 0.76 | 0.87 | 0.82 | 1.10 | 1.25 | 1.32 | 1.22 | 3.68 | 3.51 |
| Quick Ratio | 0.65 | 0.65 | 0.76 | 0.87 | 0.82 | 1.10 | 1.25 | 1.32 | 1.22 | 3.68 | 3.51 |
| Cash Ratio | 0.56 | 0.56 | 0.51 | 0.57 | 0.57 | 0.90 | 1.09 | 1.16 | 1.07 | 3.43 | 3.31 |
| Asset Turnover | — | 0.70 | 1.06 | 0.96 | 0.90 | 0.67 | 0.51 | 0.64 | 0.57 | 0.35 | 0.27 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | 21.12 | 25.30 | 23.82 | 21.26 | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Lyft, Inc. returns 9.0% to shareholders annually primarily through share buybacks. The earnings yield of 49.2% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
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 | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 49.2% | 35.2% | 0.4% | — | — | — | — | — | — | — | — |
| FCF Yield | 20.1% | 13.8% | 14.4% | — | — | — | — | — | — | — | — |
| Buyback Yield | 9.0% | 6.2% | 0.9% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — |
| Total Shareholder Yield | 9.0% | 6.2% | 0.9% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — |
| Shares Outstanding | — | $418M | $414M | $385M | $355M | $335M | $312M | $227M | $284M | $238M | $238M |
Compare LYFT 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 |
|---|---|---|---|---|---|---|---|---|---|
| LYFTYou | $6B | 2.0 | — | 5.0 | 41.5% | -3.0% | 140.8% | -7.1% | — |
| SOGP | $10B | -6.8 | — | — | 27.4% | -4.4% | -27.6% | — | — |
| MTCH | $7B | 13.3 | 10.6 | 7.3 | 72.8% | 25.0% | — | 23.7% | 4.1 |
| DUOL | $5B | 13.3 | 27.8 | 12.1 | 72.2% | 13.1% | 38.1% | 40.8% | 0.7 |
| LIF | $4B | -833.1 | 1860.9 | 150.2 | 75.1% | -2.1% | -1.5% | -3.1% | 0.3 |
| GRND | $2B | -15.4 | 22.0 | 22.3 | 74.6% | 26.9% | — | 34.6% | 2.8 |
| WBTN | $1B | -9.3 | — | 310.7 | 25.1% | -7.5% | -9.9% | -7.0% | — |
| RUM | $572M | -3.3 | — | — | -45.0% | -137.0% | -359.0% | — | — |
| YALA | $175M | 9.6 | -2.5 | 1.0 | 64.5% | 35.7% | 21.5% | 39.3% | 0.0 |
| MRT | $160M | -1.6 | — | — | -15.5% | -350.0% | — | -435.9% | — |
| IPM | $15M | -1.9 | — | — | 76.1% | -466.3% | -52.6% | -95.7% | — |
| 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 · 10 years · Updated daily
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Start ComparisonLyft, Inc.'s current P/E ratio is 2.0x. The historical average is 2.8x.
Lyft, Inc.'s return on equity (ROE) is 140.8%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is -53.1%.
Based on historical data, Lyft, Inc. is trading at a P/E of 2.0x. Compare with industry peers and growth rates for a complete picture.
Lyft, Inc. has 41.5% gross margin and -3.0% operating margin.