30 years of historical data (1996–2025) · 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
Match Group, Inc. trades at 13.3x earnings, 70% below its 5-year average of 44.3x, sitting at the 27th percentile of its historical range. Compared to the Technology sector median P/E of 25.2x, the stock trades at a discount of 47%. On a free-cash-flow basis, the stock trades at 7.3x P/FCF, 66% below the 5-year average of 21.1x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $7.5B | $8.5B | $9.1B | $10.7B | $12.2B | $40.3B | $38.7B | $17.0B | $8.8B | $5.8B | $3.0B |
| Enterprise Value | $10.4B | $11.4B | $12.0B | $13.7B | $15.5B | $43.4B | $41.8B | $19.4B | $8.9B | $6.1B | $3.2B |
| P/E Ratio → | 13.28 | 13.57 | 16.19 | 16.15 | 33.46 | 142.20 | 229.08 | 43.22 | 14.02 | 21.30 | — |
| P/S Ratio | 2.14 | 2.43 | 2.62 | 3.18 | 3.84 | 13.51 | 16.19 | 8.28 | 2.06 | 1.74 | 0.94 |
| P/B Ratio | — | — | — | — | — | — | — | 4.31 | 2.43 | 1.93 | 1.45 |
| P/FCF | 7.29 | 8.28 | 10.35 | 12.91 | 25.70 | 48.42 | 50.94 | 21.19 | 9.73 | 16.90 | 13.78 |
| P/OCF | 6.90 | 7.84 | 9.79 | 11.94 | 23.30 | 44.18 | 48.25 | 18.10 | 8.89 | 13.84 | 10.10 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
Match Group, Inc.'s enterprise value stands at 10.6x EBITDA, 54% below its 5-year average of 22.9x. The Technology sector median is 15.7x, placing the stock at a 32% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.27 | 3.45 | 4.07 | 4.86 | 14.56 | 17.48 | 9.47 | 2.09 | 1.85 | 1.03 |
| EV / EBITDA | 10.64 | 11.67 | 13.19 | 13.33 | 27.77 | 48.63 | 53.13 | 23.49 | 11.90 | 20.10 | 27.24 |
| EV / EBIT | 11.92 | 12.78 | 13.90 | 14.61 | 29.66 | 112.32 | 54.90 | 30.18 | 16.00 | 35.57 | 115.17 |
| EV / FCF | — | 11.16 | 13.62 | 16.50 | 32.55 | 52.17 | 55.03 | 24.23 | 9.87 | 17.96 | 15.06 |
Margins and return-on-capital ratios measuring operating efficiency
Match Group, Inc. earns an operating margin of 25.0%. Operating margins have compressed from 27.3% to 25.0% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROIC of 23.7% represents excellent returns on invested capital.
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 | 72.8% | 72.8% | 71.5% | 71.6% | 69.9% | 71.9% | 73.4% | 74.3% | 78.6% | 80.3% | 75.9% |
| Operating Margin | 25.0% | 25.0% | 23.7% | 27.3% | 16.2% | 28.5% | 31.2% | 31.5% | 13.3% | 5.7% | -1.0% |
| Net Profit Margin | 17.6% | 17.6% | 15.8% | 19.4% | 11.4% | 9.3% | 6.8% | 21.0% | 14.7% | 9.2% | -1.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | — | — | — | 12.8% | 11.4% | 19.0% | 12.1% | -1.9% |
| ROA | 13.7% | 13.7% | 12.3% | 15.0% | 7.8% | 6.8% | 2.8% | 5.7% | 9.8% | 5.8% | -0.8% |
| ROIC | 23.7% | 23.7% | 21.4% | 23.4% | 13.3% | 27.7% | 13.9% | 9.6% | 11.9% | 5.0% | -1.0% |
| ROCE | 23.7% | 23.7% | 20.9% | 24.1% | 13.7% | 26.4% | 15.1% | 9.7% | 10.2% | 4.2% | -0.8% |
Solvency and debt-coverage ratios — lower is generally safer
Match Group, Inc. carries a Debt/EBITDA ratio of 4.1x, which is highly leveraged (37% above the sector average of 3.0x). Net debt stands at $2.9B ($4.0B total debt minus $1.0B cash). Interest coverage of 5.9x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | — | — | 0.74 | 0.62 | 0.67 | 0.78 |
| Debt / EBITDA | 4.06 | 4.06 | 4.23 | 3.74 | 6.87 | 4.40 | 4.88 | 3.51 | 3.02 | 6.54 | 13.53 |
| Net Debt / Equity | — | — | — | — | — | — | — | 0.62 | 0.04 | 0.12 | 0.13 |
| Net Debt / EBITDA | 3.01 | 3.01 | 3.17 | 2.90 | 5.84 | 3.49 | 3.94 | 2.95 | 0.17 | 1.19 | 2.31 |
| Debt / FCF | — | 2.88 | 3.27 | 3.59 | 6.85 | 3.74 | 4.08 | 3.04 | 0.14 | 1.06 | 1.28 |
| Interest Coverage | 5.91 | 5.91 | 5.14 | 5.73 | 3.54 | 6.53 | 5.71 | 4.59 | 5.17 | 1.79 | -0.30 |
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.42x means Match Group, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 2.39x to 1.42x 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 | 1.42 | 1.42 | 2.54 | 2.39 | 1.59 | 1.04 | 2.04 | 3.67 | 3.13 | 2.66 | 2.58 |
| Quick Ratio | 1.42 | 1.42 | 2.54 | 2.39 | 1.59 | 1.04 | 2.04 | 3.67 | 3.13 | 2.66 | 2.58 |
| Cash Ratio | 1.02 | 1.02 | 1.77 | 1.63 | 1.04 | 0.71 | 1.48 | 0.46 | 2.55 | 2.05 | 1.99 |
| Asset Turnover | — | 0.78 | 0.78 | 0.75 | 0.76 | 0.59 | 0.78 | 0.25 | 0.62 | 0.56 | 0.68 |
| Inventory Turnover | 10.16 | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 31.77 | 34.09 | 32.40 | 21.97 | 23.06 | 20.91 | 20.72 | 30.75 | 37.22 | 30.40 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Match Group, Inc. returns 12.8% to shareholders annually — split between a 2.2% dividend yield and 10.6% buyback yield. The payout ratio of 30.4% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 7.5% (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 | 2.2% | 2.2% | — | — | — | — | — | — | 1.2% | — | — |
| Payout Ratio | 30.4% | 30.4% | — | — | — | — | — | — | 16.8% | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 7.5% | 7.4% | 6.2% | 6.2% | 3.0% | 0.7% | 0.4% | 2.3% | 7.1% | 4.7% | — |
| FCF Yield | 13.7% | 12.1% | 9.7% | 7.7% | 3.9% | 2.1% | 2.0% | 4.7% | 10.3% | 5.9% | 7.3% |
| Buyback Yield | 10.6% | 9.3% | 8.2% | 5.1% | 3.9% | 0.0% | 0.3% | 1.3% | 1.5% | 1.0% | 10.5% |
| Total Shareholder Yield | 12.8% | 11.5% | 8.2% | 5.1% | 3.9% | 0.0% | 0.3% | 1.3% | 2.7% | 1.0% | 10.5% |
| Shares Outstanding | — | $262M | $279M | $293M | $295M | $305M | $256M | $207M | $205M | $184M | $173M |
Compare MTCH 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 |
|---|---|---|---|---|---|---|---|---|---|
| MTCHYou | $7B | 13.3 | 10.6 | 7.3 | 72.8% | 25.0% | — | 23.7% | 4.1 |
| SOGP | $10B | -6.8 | — | — | 27.4% | -4.4% | -27.6% | — | — |
| LYFT | $6B | 2.0 | — | 5.0 | 41.5% | -3.0% | 140.8% | -7.1% | — |
| 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 · 30 years · Updated daily
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Start ComparisonMatch Group, Inc.'s current P/E ratio is 13.3x. The historical average is 24.1x. This places it at the 27th percentile of its historical range.
Match Group, Inc.'s current EV/EBITDA is 10.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 12.6x.
Based on historical data, Match Group, Inc. is trading at a P/E of 13.3x. This is at the 27th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Match Group, Inc.'s current dividend yield is 2.25% with a payout ratio of 30.4%.
Match Group, Inc. has 72.8% gross margin and 25.0% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Match Group, Inc.'s Debt/EBITDA ratio is 4.1x, indicating high leverage. A ratio above 4x may signal elevated financial risk.