UiPath Inc. (PATH) Financial Ratios
7 years of historical data (2020–2026) · Technology · Software - Infrastructure
EV/EBITDA
66.62
↓-14% vs avg
5yr avg: 77.76
30Y Low77.8·High77.8
P/FCF
↓
17.01
↓-43% vs avg
5yr avg: 29.98
30Y Low19.5·High44.4
P/B Ratio
↓
2.80
↓-51% vs avg
5yr avg: 5.74
30Y Low3.3·High10.3
ROE
↑
14.4%
↓+228% vs avg
5yr avg: -11.2%
30Y Low-264%·High14%
Debt/EBITDA
0.91
+0% vs avg
5yr avg: 0.91
30Y Low0.9·High0.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
PATH Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
UiPath Inc. trades at 20.6x earnings, 15% below its 5-year average of 24.2x, sitting at the 0th percentile of its historical range. Compared to the Technology sector median P/E of 26.7x, the stock trades at a discount of 23%. On a free-cash-flow basis, the stock trades at 17.0x P/FCF, 43% below the 5-year average of 30.0x.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| Market Cap | $6.0B | $6.9B | $8.0B | $13.0B | $8.4B | $19.8B | — | — |
| Enterprise Value | $5.2B | $6.1B | $7.2B | $12.0B | $7.1B | $18.1B | — | — |
| P/E Ratio → | 20.58 | 24.21 | — | — | — | — | — | — |
| P/S Ratio | 3.72 | 4.26 | 5.57 | 9.91 | 7.95 | 22.16 | — | — |
| P/B Ratio | 2.80 | 3.29 | 4.31 | 6.43 | 4.38 | 10.29 | — | — |
| P/FCF | 17.01 | 19.48 | 26.05 | 44.41 | — | — | — | — |
| P/OCF | 16.14 | 18.48 | 24.84 | 43.32 | — | — | — | — |
P/E links to full P/E history page with 30-year chart
PATH EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
UiPath Inc.'s enterprise value stands at 66.6x EBITDA, 14% below its 5-year average of 77.8x. The Technology sector median is 17.5x, placing the stock at a 281% premium on an enterprise-value basis.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.76 | 5.01 | 9.15 | 6.69 | 20.23 | — | — |
| EV / EBITDA | 66.62 | 77.76 | — | — | — | — | — | — |
| EV / EBIT | 85.16 | 99.41 | — | — | — | — | — | — |
| EV / FCF | — | 17.21 | 23.43 | 41.00 | — | — | — | — |
PATH Profitability
Margins and return-on-capital ratios measuring operating efficiency
UiPath Inc. earns an operating margin of 3.8%. Operating margins have expanded from -12.6% to 3.8% over the past 3 years, signaling improving operational efficiency. ROE of 14.4% is modest. ROIC of 3.9% represents below-average returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 83.2% | 83.2% | 82.7% | 85.0% | 83.0% | 81.1% | 89.2% | 82.3% |
| Operating Margin | 3.8% | 3.8% | -11.4% | -12.6% | -32.9% | -56.1% | -18.2% | -153.9% |
| Net Profit Margin | 17.5% | 17.5% | -5.2% | -6.9% | -31.0% | -58.9% | -15.2% | -154.7% |
Return on Capital
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| ROE | 14.4% | 14.4% | -3.8% | -4.6% | -17.1% | -44.9% | -30.0% | -264.1% |
| ROA | 9.3% | 9.3% | -2.5% | -3.2% | -12.4% | -30.6% | -13.4% | -102.3% |
| ROIC | 3.9% | 3.9% | -11.8% | -15.4% | -66.5% | -263.4% | -231.8% | — |
| ROCE | 2.8% | 2.8% | -7.5% | -7.6% | -16.8% | -39.3% | -28.6% | -191.9% |
PATH Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
UiPath Inc. carries a Debt/EBITDA ratio of 0.9x, which is very conservative (68% below the sector average of 2.9x). The company holds a net cash position — cash of $871M exceeds total debt of $71M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.03 | 0.03 | 0.04 | 0.03 | 0.03 | 0.03 | 0.05 | 0.13 |
| Debt / EBITDA | 0.91 | 0.91 | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.38 | -0.43 | -0.49 | -0.70 | -0.89 | -0.81 | -1.05 |
| Net Debt / EBITDA | -10.27 | -10.27 | — | — | — | — | — | — |
| Debt / FCF | — | -2.27 | -2.62 | -3.41 | — | — | -12.99 | — |
| Interest Coverage | — | — | — | — | — | — | — | — |
Net cash position: cash ($871M) exceeds total debt ($71M)
PATH Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
UiPath Inc.'s current ratio of 2.48x 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 3.63x to 2.48x over the past 3 years.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.48 | 2.48 | 2.93 | 3.63 | 3.74 | 4.32 | 2.01 | 1.68 |
| Quick Ratio | 2.48 | 2.48 | 2.93 | 3.63 | 3.74 | 4.32 | 2.01 | 1.68 |
| Cash Ratio | 1.63 | 1.63 | 2.04 | 2.64 | 2.80 | 3.54 | 1.26 | 0.97 |
| Asset Turnover | — | 0.51 | 0.50 | 0.44 | 0.39 | 0.35 | 0.70 | 0.66 |
| Inventory Turnover | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 131.60 | 138.44 | 146.16 | 154.12 | 137.82 | 130.76 | 128.47 |
PATH Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
UiPath Inc. returns 5.5% to shareholders annually primarily through share buybacks. The earnings yield of 4.9% (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 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.9% | 4.1% | — | — | — | — | — | — |
| FCF Yield | 5.9% | 5.1% | 3.8% | 2.3% | — | — | — | — |
| Buyback Yield | 5.5% | 4.8% | 4.9% | 0.8% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 5.5% | 4.8% | 4.9% | 0.8% | 0.0% | 0.0% | — | — |
| Shares Outstanding | — | $545M | $560M | $564M | $548M | $541M | $519M | $519M |
Peer Comparison
Compare PATH 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 |
|---|---|---|---|---|---|---|---|---|---|
 PATHYou | $6B | 20.6 | 66.6 | 17.0 | 83.2% | 3.8% | 14.4% | 3.9% | 0.9 |
 APPN | $2B | 1136.0 | 3014.1 | 28.2 | 72.5% | 0.1% | — | 0.3% | 476.4 |
 PEGA | $6B | 17.3 | 21.1 | 12.7 | 75.9% | 15.1% | 57.3% | 27.2% | 0.3 |
 NICE | $8B | 12.8 | 8.7 | 11.0 | 66.4% | 22.2% | 16.5% | 13.5% | 0.2 |
 NOW | $95B | 55.1 | 37.0 | 20.8 | 77.5% | 13.7% | 15.5% | 12.4% | 1.3 |
 MSFT | $3.1T | 30.2 | 19.3 | 42.7 | 68.8% | 45.6% | 33.3% | 24.9% | 0.7 |
 IBM | $215B | 20.5 | 17.5 | 18.6 | 59.5% | 15.3% | 35.2% | 9.8% | 4.4 |
 ORCL | $533B | 42.7 | 26.3 | — | 70.5% | 30.8% | 82.4% | 12.8% | 4.4 |
 SAP | $201B | 24.5 | 15.4 | 21.6 | 73.8% | 26.7% | 15.5% | 16.0% | 0.7 |
 WDAY | $34B | 50.0 | 24.3 | 12.2 | 75.7% | 10.7% | 8.2% | 8.5% | 0.6 |
 CRM | $180B | 24.0 | 20.1 | 12.5 | 77.7% | 21.5% | 12.4% | 10.9% | 0.8 |
| Technology Median | — | 26.7 | 17.5 | 19.5 | 48.9% | -0.6% | 2.5% | 3.0% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 7 years · Updated daily
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Start ComparisonPATH — Frequently Asked Questions
Quick answers to the most common questions about buying PATH stock.
What is UiPath Inc.'s P/E ratio?
UiPath Inc.'s current P/E ratio is 20.6x. The historical average is 24.2x.
What is UiPath Inc.'s EV/EBITDA?
UiPath Inc.'s current EV/EBITDA is 66.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 77.8x.
What is UiPath Inc.'s ROE?
UiPath Inc.'s return on equity (ROE) is 14.4%. The historical average is -50.0%.
Is PATH stock overvalued?
Based on historical data, UiPath Inc. is trading at a P/E of 20.6x. Compare with industry peers and growth rates for a complete picture.
What are UiPath Inc.'s profit margins?
UiPath Inc. has 83.2% gross margin and 3.8% operating margin.
How much debt does UiPath Inc. have?
UiPath Inc.'s Debt/EBITDA ratio is 0.9x, indicating low leverage. A ratio below 2x is generally considered financially healthy.