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 2.1x 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 29.0x, the stock trades at a discount of 93%. On a free-cash-flow basis, the stock trades at 4.9x P/FCF, 32% 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 | $5.4B | $8.1B | $5.3B | $5.8B | $3.9B | $14.3B | $15.3B | $9.8B | — | — | — |
| Enterprise Value | $5.6B | $8.2B | $5.7B | $6.3B | $4.7B | $14.8B | $16.0B | $9.9B | — | — | — |
| P/E Ratio → | 2.10 | 2.84 | 234.12 | — | — | — | — | — | — | — | — |
| P/S Ratio | 0.86 | 1.28 | 0.92 | 1.31 | 0.95 | 4.46 | 6.49 | 2.71 | — | — | — |
| P/B Ratio | 1.82 | 2.47 | 6.96 | 10.67 | 10.06 | 10.66 | 9.15 | 3.43 | — | — | — |
| P/FCF | 4.86 | 7.25 | 6.96 | — | — | — | — | — | — | — | — |
| P/OCF | 4.64 | 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 | — | 1.30 | 0.99 | 1.42 | 1.15 | 4.62 | 6.77 | 2.74 | — | — | — |
| EV / EBITDA | — | — | 191.76 | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | 105.93 | — | — | — | — | — | — | — | — |
| EV / FCF | — | 7.38 | 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 | -6.1% | -6.1% | -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
Net debt stands at $145M ($1.3B total debt minus $1.1B 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 | 0.39 | 0.39 | 1.53 | 1.92 | 2.73 | 0.73 | 0.59 | 0.17 | — | — | — |
| Debt / EBITDA | — | — | 39.10 | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | 0.04 | 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 | — | 0.13 | 0.54 | — | — | — | — | — | — | — | — |
| Interest Coverage | -1.57 | -1.57 | 1.88 | -11.65 | -78.99 | -19.35 | -54.00 | — | — | — | — |
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 $1.1B 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 | 0.41 | 0.41 | 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 9.2% to shareholders annually primarily through share buybacks. The earnings yield of 47.7% (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 | 47.7% | 35.2% | 0.4% | — | — | — | — | — | — | — | — |
| FCF Yield | 20.6% | 13.8% | 14.4% | — | — | — | — | — | — | — | — |
| Buyback Yield | 9.2% | 6.2% | 0.9% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — |
| Total Shareholder Yield | 9.2% | 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 |
|---|---|---|---|---|---|---|---|---|---|
| $5B | 2.1 | — | 4.9 | 41.5% | -3.0% | 140.8% | -6.1% | — | |
| $148B | 15.1 | 24.4 | 15.2 | 39.8% | 10.7% | 39.8% | 13.6% | 2.1 | |
| $14B | 56.0 | 33.8 | 105.8 | 43.2% | 6.0% | 4.1% | 3.3% | 5.4 | |
| $50M | -0.6 | — | — | 35.8% | -49.3% | -112.3% | -82.0% | — | |
| $8B | 69.5 | 55.1 | 105.3 | 73.8% | 4.5% | 25.2% | 8.6% | 7.9 | |
| $4B | -5.6 | — | — | — | -243100.0% | -41.8% | -89.6% | — | |
| $10B | -8.8 | — | — | -30.1% | -1346.9% | -80.1% | -54.7% | — | |
| $4.5T | 34.0 | 29.8 | 60.8 | 59.7% | 32.1% | 35.7% | 25.1% | 0.4 | |
| $4.4T | 39.9 | 30.8 | 44.3 | 46.9% | 32.0% | 171.4% | 67.4% | 0.8 | |
| $71B | 24.2 | 10.3 | 6.5 | 10.9% | 1.6% | 4.2% | 1.3% | 7.4 | |
| $55B | -6.8 | 23.4 | 4.4 | 12.2% | 1.4% | -20.2% | 1.0% | 19.7 | |
| Technology Median | — | 29.0 | 16.7 | 19.2 | 48.8% | 0.2% | 1.6% | 2.7% | 2.9 |
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Includes 30+ ratios · 10 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying LYFT stock.
Lyft, Inc.'s current P/E ratio is 2.1x. 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 2.1x. Compare with industry peers and growth rates for a complete picture.
Lyft, Inc. has 41.5% gross margin and -3.0% operating margin.