6 years of historical data (2019–2024) · Communication Services · Internet Content & Information
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
Vivid Seats Inc. trades at 5.3x earnings, 87% below its 5-year average of 42.4x, sitting at the 0th percentile of its historical range. Compared to the Communication Services sector median P/E of 15.1x, the stock trades at a discount of 65%. On a free-cash-flow basis, the stock trades at 0.5x P/FCF, 96% below the 5-year average of 11.3x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Market Cap | $23M | $968M | $1.3B | $1.5B | $843M | $670M | — |
| Enterprise Value | $187M | $1.1B | $1.4B | $1.5B | $814M | $1.3B | — |
| P/E Ratio → | 5.32 | 82.68 | 24.31 | 20.28 | — | — | — |
| P/S Ratio | 0.03 | 1.25 | 1.76 | 2.42 | 1.90 | 19.10 | — |
| P/B Ratio | 0.10 | 1.58 | 2.14 | 3.02 | 1.98 | — | — |
| P/FCF | 0.46 | 19.49 | 9.34 | — | 5.08 | — | — |
| P/OCF | 0.42 | 17.96 | 8.53 | 100.93 | 4.80 | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
Vivid Seats Inc.'s enterprise value stands at 2.1x EBITDA, 84% below its 5-year average of 13.6x. The Communication Services sector median is 7.5x, placing the stock at a 72% discount on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.46 | 1.99 | 2.47 | 1.84 | 35.98 | — |
| EV / EBITDA | 2.12 | 12.85 | 14.26 | 16.84 | 10.32 | — | — |
| EV / EBIT | 4.43 | 24.68 | 16.77 | 18.06 | 20.68 | — | — |
| EV / FCF | — | 22.79 | 10.53 | — | 4.90 | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Vivid Seats Inc. earns an operating margin of 5.4%. Operating margins have compressed from 13.0% to 5.4% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 1.6% is modest. ROIC of 4.2% represents below-average returns on invested capital.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Gross Margin | 74.0% | 74.0% | 74.4% | 76.6% | 79.5% | 29.6% | 77.4% |
| Operating Margin | 5.4% | 5.4% | 11.4% | 13.0% | 17.3% | -2041.3% | -2.1% |
| Net Profit Margin | 1.2% | 1.2% | 10.5% | 4.8% | -4.3% | -2207.1% | -11.5% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| ROE | 1.6% | 1.6% | 14.0% | 6.3% | -24.9% | -628.2% | -10.4% |
| ROA | 0.6% | 0.6% | 5.5% | 2.2% | -1.5% | -58.3% | -3.6% |
| ROIC | 4.2% | 4.2% | 9.7% | 12.9% | 16.0% | -78.4% | — |
| ROCE | 3.7% | 3.7% | 8.9% | 9.3% | 8.8% | -66.2% | -0.7% |
Solvency and debt-coverage ratios — lower is generally safer
Vivid Seats Inc. carries a Debt/EBITDA ratio of 4.6x, which is highly leveraged (33% above the sector average of 3.5x). Net debt stands at $164M ($408M total debt minus $243M cash). Interest coverage of just 1.8x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.66 | 0.66 | 0.49 | 0.59 | 1.08 | — | 1.18 |
| Debt / EBITDA | 4.62 | 4.62 | 2.87 | 3.21 | 5.83 | — | 7.37 |
| Net Debt / Equity | — | 0.27 | 0.27 | 0.06 | -0.07 | — | 1.02 |
| Net Debt / EBITDA | 1.86 | 1.86 | 1.60 | 0.35 | -0.37 | — | 6.39 |
| Debt / FCF | — | 3.30 | 1.18 | — | -0.18 | — | 7.90 |
| Interest Coverage | 1.82 | 1.82 | 6.02 | 6.07 | 1.32 | -12.46 | -0.24 |
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.81x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 0.88x to 0.81x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Current Ratio | 0.81 | 0.81 | 0.50 | 0.88 | 1.23 | 1.23 | 0.80 |
| Quick Ratio | 0.76 | 0.76 | 0.46 | 0.84 | 1.20 | 1.21 | 0.73 |
| Cash Ratio | 0.57 | 0.57 | 0.26 | 0.67 | 0.98 | 0.86 | 0.50 |
| Asset Turnover | — | 0.47 | 0.46 | 0.52 | 0.31 | 0.03 | 0.31 |
| Inventory Turnover | 10.30 | 10.30 | 8.67 | 10.99 | 7.70 | 3.31 | 9.17 |
| Days Sales Outstanding | — | 22.74 | 29.94 | 22.21 | 29.76 | 366.80 | 19.46 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Vivid Seats Inc. returns 100.0% to shareholders annually primarily through share buybacks. The earnings yield of 18.8% (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 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | 2.1% | 0.0% | — |
| Payout Ratio | — | — | — | — | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Earnings Yield | 18.8% | 1.2% | 4.1% | 4.9% | — | — | — |
| FCF Yield | 100.0% | 5.1% | 10.7% | — | 19.7% | — | — |
| Buyback Yield | 100.0% | 2.4% | 1.6% | 2.2% | 0.0% | 0.0% | — |
| Total Shareholder Yield | 100.0% | 2.4% | 1.6% | 2.2% | 2.1% | 0.0% | — |
| Shares Outstanding | — | $10M | $10M | $10M | $4M | $3M | $4M |
Compare SEAT 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 |
|---|---|---|---|---|---|---|---|---|---|
| SEATYou | $23M | 5.3 | 2.1 | 0.5 | 74.0% | 5.4% | 1.6% | 4.2% | 4.6 |
| ZG | $11B | 497.8 | — | 45.8 | 74.1% | -1.3% | 0.5% | -0.6% | — |
| Z | $11B | 495.8 | — | 45.7 | 74.1% | -1.3% | 0.5% | -0.6% | — |
| ATHM | $9B | 9.9 | 49.3 | 51.1 | 78.9% | 14.3% | 7.1% | 3.4% | 0.1 |
| SSTK | $690M | 13.4 | 3.2 | 5.6 | 58.9% | 11.1% | 8.3% | 13.1% | 0.7 |
| GRPN | $644M | -8.4 | 16.8 | 16.1 | 90.2% | 1.8% | -15974.8% | 8.1% | 6.4 |
| TC | $621M | -1.2 | — | — | 68.3% | -182.9% | — | — | — |
| FVRR | $388M | 19.3 | 19.6 | 3.7 | 80.7% | -0.3% | 5.4% | -0.2% | 0.4 |
| CCG | $345M | -7.7 | — | — | 4.6% | -1.9% | -16.7% | -22.8% | — |
| GETY | $321M | 8.2 | 6.4 | 5.3 | 73.1% | 19.2% | 5.6% | 6.9% | 5.6 |
| TRUE | $226M | -7.5 | — | — | 85.0% | -21.2% | -22.3% | -97.7% | — |
| Communication Services Median | — | 15.1 | 7.5 | 10.5 | 51.2% | -0.7% | 2.4% | 1.7% | 3.5 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 6 years · Updated daily
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorSee our Bear / Base / Bull DCF models and intrinsic value estimates.
View ValuationSee how SEAT stacks up against sector leader Zillow Group, Inc. Class A.
Start ComparisonVivid Seats Inc.'s current P/E ratio is 5.3x. The historical average is 42.4x.
Vivid Seats Inc.'s current EV/EBITDA is 2.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.6x.
Vivid Seats Inc.'s return on equity (ROE) is 1.6%. The historical average is -2.7%.
Based on historical data, Vivid Seats Inc. is trading at a P/E of 5.3x. Compare with industry peers and growth rates for a complete picture.
Vivid Seats Inc. has 74.0% gross margin and 5.4% operating margin.
Vivid Seats Inc.'s Debt/EBITDA ratio is 4.6x, indicating high leverage. A ratio above 4x may signal elevated financial risk.