Peloton Interactive, Inc. (PTON) Financial Ratios
9 years of historical data (2017–2025) · Consumer Cyclical · Leisure
EV/EBITDA
61.70
-9% vs avg
5yr avg: 68.11
30Y Low68.1·High68.1
P/FCF
7.30
↓-13% vs avg
5yr avg: 8.36
30Y Low8.4·High58.0
P/B Ratio
↓
N/A
—
5yr avg: 12.89
30Y Low5.0·High20.8
ROE
↓
N/A
—
5yr avg: -366.5%
30Y Low-450%·High-7%
Debt/EBITDA
36.95
+0% vs avg
5yr avg: 36.95
30Y Low36.9·High36.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
PTON Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Peloton Interactive, 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 7.3x P/FCF, 13% below the 5-year average of 8.4x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.4B | $2.7B | $1.2B | $2.7B | $3.0B | $36.4B | $12.8B | — | — | — |
| Enterprise Value | $3.3B | $3.6B | $2.6B | $4.2B | $4.1B | $36.8B | $12.3B | — | — | — |
| P/E Ratio → | -19.23 | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 0.95 | 1.09 | 0.46 | 0.95 | 0.83 | 9.06 | 6.99 | — | — | — |
| P/B Ratio | — | — | — | — | 4.99 | 20.78 | 7.61 | — | — | — |
| P/FCF | 7.30 | 8.36 | — | — | — | — | 58.02 | — | — | — |
| P/OCF | 7.10 | 8.13 | — | — | — | — | 33.91 | — | — | — |
P/E links to full P/E history page with 30-year chart
PTON EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Peloton Interactive, Inc.'s enterprise value stands at 61.7x EBITDA, 9% below its 5-year average of 68.1x. The Consumer Cyclical sector median is 12.2x, placing the stock at a 406% premium 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.46 | 0.97 | 1.51 | 1.14 | 9.16 | 6.72 | — | — | — |
| EV / EBITDA | 61.70 | 68.11 | — | — | — | — | — | — | — | — |
| EV / EBIT | — | 192.80 | — | — | — | — | — | — | — | — |
| EV / FCF | — | 11.26 | — | — | — | — | 55.79 | — | — | — |
PTON Profitability
Margins and return-on-capital ratios measuring operating efficiency
Peloton Interactive, Inc. earns an operating margin of -1.5%, below the Consumer Cyclical sector average of 2.0%. Operating margins have expanded from -42.8% to -1.5% over the past 3 years, signaling improving operational efficiency.
Margins
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 50.9% | 50.9% | 44.7% | 33.1% | 19.5% | 36.2% | 45.9% | 41.9% | 43.6% | 33.8% |
| Operating Margin | -1.5% | -1.5% | -19.6% | -42.8% | -76.3% | -4.7% | -4.4% | -22.1% | -10.9% | -32.3% |
| Net Profit Margin | -4.8% | -4.8% | -20.4% | -45.1% | -78.9% | -4.7% | -3.9% | -21.4% | -11.0% | -32.5% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | -847.6% | -241.0% | -11.0% | -6.9% | -449.9% | — | -57.1% |
| ROA | -5.5% | -5.5% | -22.3% | -37.1% | -66.4% | -5.1% | -3.7% | -34.4% | -20.4% | -35.8% |
| ROIC | -3.9% | -3.9% | -37.5% | -60.5% | -106.7% | -8.5% | -7.7% | -39.1% | — | — |
| ROCE | -2.6% | -2.6% | -30.2% | -48.6% | -88.7% | -6.9% | -5.8% | -59.9% | -40.2% | -52.3% |
PTON Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Peloton Interactive, Inc. carries a Debt/EBITDA ratio of 36.9x, which is highly leveraged (674% above the sector average of 4.8x). Net debt stands at $937M ($2.0B total debt minus $1.0B cash). Interest coverage of just 0.1x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | 4.00 | 0.86 | 0.32 | 0.37 | — | 0.02 |
| Debt / EBITDA | 36.95 | 36.95 | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | — | — | — | 1.89 | 0.22 | -0.29 | -0.04 | — | -1.22 |
| Net Debt / EBITDA | 17.52 | 17.52 | — | — | — | — | — | — | — | — |
| Debt / FCF | — | 2.89 | — | — | — | — | -2.23 | — | -6.94 | — |
| Interest Coverage | 0.14 | 0.14 | -3.52 | -7.57 | -64.30 | -12.39 | -33.20 | -114.06 | -158.33 | -235.67 |
PTON Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.79x means Peloton Interactive, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 2.15x to 1.79x 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.79 | 1.79 | 1.85 | 2.15 | 2.38 | 2.27 | 2.80 | 2.00 | 1.20 | 2.85 |
| Quick Ratio | 1.53 | 1.53 | 1.37 | 1.47 | 1.38 | 1.51 | 2.48 | 1.53 | 1.05 | 2.60 |
| Cash Ratio | 1.29 | 1.29 | 1.02 | 1.07 | 1.13 | 1.29 | 2.27 | 1.30 | 0.88 | 2.44 |
| Asset Turnover | — | 1.17 | 1.24 | 1.01 | 0.89 | 0.90 | 0.61 | 1.06 | 1.60 | 1.10 |
| Inventory Turnover | 5.95 | 5.95 | 4.53 | 3.58 | 2.61 | 2.74 | 4.04 | 3.89 | 9.70 | 9.22 |
| Days Sales Outstanding | — | 14.83 | 14.00 | 12.67 | 8.52 | 6.48 | 6.92 | 7.38 | 7.89 | 6.34 |
PTON Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Peloton Interactive, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Dividends
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — | — |
| FCF Yield | 13.7% | 12.0% | — | — | — | — | 1.7% | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% | 0.0% | — | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% | 0.0% | — | — | — |
| Shares Outstanding | — | $390M | $366M | $347M | $322M | $294M | $221M | $278M | $234M | $234M |
Peer Comparison
Compare PTON 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 |
|---|---|---|---|---|---|---|---|---|---|
 PTONYou | $2B | -19.2 | 61.7 | 7.3 | 50.9% | -1.5% | — | -3.9% | 36.9 |
 FNKO | $306M | -4.4 | 38.9 | — | 32.2% | -4.9% | -31.9% | -7.5% | 20.4 |
 VNET | $2B | -65.9 | 13.7 | — | 22.0% | 7.6% | -3.2% | 2.1% | 10.0 |
 LULU | $13B | 8.4 | 4.7 | 13.8 | 56.6% | 19.9% | 34.0% | 37.4% | 0.7 |
 NKE | $54B | 20.9 | 12.7 | 16.5 | 42.7% | 8.0% | 23.3% | 16.7% | 2.4 |
 UA | $3B | -5.1 | 55.7 | — | 45.5% | -0.7% | -30.0% | -0.9% | 26.1 |
 GRMN | $45B | 27.3 | 20.9 | 33.1 | 58.7% | 25.9% | 19.8% | 22.0% | 0.1 |
 GOOGL | $4.5T | 34.0 | 29.8 | 60.8 | 59.7% | 32.1% | 35.7% | 25.1% | 0.4 |
 AAPL | $4.4T | 39.9 | 30.8 | 44.3 | 46.9% | 32.0% | 171.4% | 67.4% | 0.8 |
 AMZN | $2.6T | 34.1 | 18.5 | 341.6 | 50.3% | 11.2% | 22.3% | 14.7% | 1.0 |
 SPOT | $96B | 38.9 | 35.3 | 29.3 | 32.0% | 12.8% | 31.9% | 40.5% | 1.0 |
| Consumer Cyclical Median | — | 21.2 | 12.2 | 15.6 | 36.2% | 2.0% | 5.3% | 5.2% | 4.8 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 9 years · Updated daily
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PTON — Frequently Asked Questions
Quick answers to the most common questions about buying PTON stock.
What is Peloton Interactive, Inc.'s P/E ratio?
Peloton Interactive, Inc.'s current P/E ratio is -19.2x. This places it at the 50th percentile of its historical range.
What is Peloton Interactive, Inc.'s EV/EBITDA?
Peloton Interactive, Inc.'s current EV/EBITDA is 61.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 68.1x.
Is PTON stock overvalued?
Based on historical data, Peloton Interactive, Inc. is trading at a P/E of -19.2x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Peloton Interactive, Inc.'s profit margins?
Peloton Interactive, Inc. has 50.9% gross margin and -1.5% operating margin.
How much debt does Peloton Interactive, Inc. have?
Peloton Interactive, Inc.'s Debt/EBITDA ratio is 36.9x, indicating high leverage. A ratio above 4x may signal elevated financial risk.