Vivid Seats Inc. (SEAT) Financial Ratios
7 years of historical data (2019–2025) · Communication Services · Internet Content & Information
EV/EBITDA
↓
-2.16
↓-116% vs avg
5yr avg: 13.56
30Y Low10.3·High16.8
P/FCF
↑
N/A
—
5yr avg: 11.30
30Y Low5.1·High19.5
P/B Ratio
↓
N/A
—
5yr avg: 2.18
30Y Low1.6·High3.0
ROE
↓
-162.3%
↑-403% vs avg
5yr avg: -32.3%
30Y Low-162%·High14%
Debt/EBITDA
↓
2.24
↓-40% vs avg
5yr avg: 3.75
30Y Low2.2·High7.4
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
SEAT Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Vivid Seats Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Market Cap | $63M | $75M | $968M | $1.3B | $1.5B | $843M | $670M | — |
| Enterprise Value | $-19693105 | $-7144279 | $1.1B | $1.4B | $1.5B | $814M | $1.3B | — |
| P/E Ratio → | -0.11 | — | 82.68 | 24.31 | 20.28 | — | — | — |
| P/S Ratio | 0.11 | 0.13 | 1.25 | 1.76 | 2.42 | 1.90 | 19.10 | — |
| P/B Ratio | — | — | 1.58 | 2.14 | 3.02 | 1.98 | — | — |
| P/FCF | — | — | 19.49 | 9.34 | — | 5.08 | — | — |
| P/OCF | — | — | 17.96 | 8.53 | 100.93 | 4.80 | — | — |
P/E links to full P/E history page with 30-year chart
SEAT EV Ratios
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 |
|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | -0.01 | 1.46 | 1.99 | 2.47 | 1.84 | 35.98 | — |
| EV / EBITDA | -2.16 | -0.78 | 12.85 | 14.26 | 16.84 | 10.32 | — | — |
| EV / EBIT | — | — | 24.68 | 16.77 | 18.06 | 20.68 | — | — |
| EV / FCF | — | — | 22.79 | 10.53 | — | 4.90 | — | — |
SEAT Profitability
Margins and return-on-capital ratios measuring operating efficiency
Vivid Seats Inc. earns an operating margin of -7.3%, below the Communication Services sector average of 1.6%. Operating margins have compressed from 11.4% to -7.3% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -162.3% indicates the company is currently destroying shareholder equity.
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 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 61.0% | 61.0% | 74.0% | 74.4% | 76.6% | 79.5% | 29.6% | 77.4% |
| Operating Margin | -7.3% | -7.3% | 5.4% | 11.4% | 13.0% | 17.3% | -2041.3% | -2.1% |
| Net Profit Margin | -75.2% | -75.2% | 1.2% | 10.5% | 4.8% | -3.6% | -2207.1% | -11.5% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| ROE | -162.3% | -162.3% | 1.6% | 14.0% | 6.3% | -21.0% | -628.2% | -10.4% |
| ROA | -37.8% | -37.8% | 0.6% | 5.5% | 2.2% | -1.3% | -58.3% | -3.6% |
| ROIC | -10.3% | -10.3% | 4.2% | 9.7% | 12.9% | 16.0% | -78.4% | — |
| ROCE | -5.4% | -5.4% | 3.7% | 8.9% | 9.3% | 8.8% | -66.2% | -0.7% |
SEAT Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Vivid Seats Inc. carries a Debt/EBITDA ratio of 2.2x, which is manageable (38% below the sector average of 3.6x). The company holds a net cash position — cash of $103M exceeds total debt of $20M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | 0.66 | 0.49 | 0.59 | 1.08 | — | 1.18 |
| Debt / EBITDA | 2.24 | 2.24 | 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 | -9.03 | -9.03 | 1.86 | 1.60 | 0.35 | -0.37 | — | 6.39 |
| Debt / FCF | — | — | 3.30 | 1.18 | — | -0.18 | — | 7.90 |
| Interest Coverage | -1.76 | -1.76 | 1.98 | 6.25 | 6.38 | 0.68 | -12.47 | -0.30 |
Net cash position: cash ($103M) exceeds total debt ($20M)
SEAT Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.59x is below 1.0, meaning current liabilities exceed current assets. The current ratio has improved from 0.50x to 0.59x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.59 | 0.59 | 0.81 | 0.50 | 0.88 | 1.23 | 1.23 | 0.80 |
| Quick Ratio | 0.53 | 0.53 | 0.76 | 0.46 | 0.84 | 1.20 | 1.21 | 0.73 |
| Cash Ratio | 0.34 | 0.34 | 0.57 | 0.26 | 0.67 | 0.98 | 0.86 | 0.50 |
| Asset Turnover | — | 0.90 | 0.47 | 0.46 | 0.52 | 0.31 | 0.03 | 0.31 |
| Inventory Turnover | 12.27 | 12.27 | 10.30 | 8.67 | 10.99 | 7.70 | 3.31 | 9.17 |
| Days Sales Outstanding | — | 19.61 | 22.74 | 29.94 | 22.21 | 29.76 | 366.80 | 19.46 |
SEAT Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Vivid Seats Inc. returns 29.2% to shareholders annually primarily through share buybacks.
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 |
|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | 2.1% | 0.0% | — |
| Payout Ratio | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 1.2% | 4.1% | 4.9% | — | — | — |
| FCF Yield | — | — | 5.1% | 10.7% | — | 19.7% | — | — |
| Buyback Yield | 29.2% | 24.3% | 2.4% | 1.6% | 2.2% | 0.0% | 0.0% | — |
| Total Shareholder Yield | 29.2% | 24.3% | 2.4% | 1.6% | 2.2% | 2.1% | 0.0% | — |
| Shares Outstanding | — | $10M | $10M | $10M | $10M | $4M | $3M | $4M |
Peer Comparison
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 | $63M | -0.1 | -2.2 | — | 61.0% | -7.3% | -162.3% | -10.3% | 2.2 |
 LYV | $40B | -710.7 | 20.3 | 118.8 | 23.0% | 5.9% | 26.4% | 19.7% | 5.6 |
 EB | $436M | -41.0 | — | 24.7 | 67.6% | -8.9% | -6.0% | -187.3% | — |
 MSGS | $9B | -398.5 | 552.2 | 101.4 | 27.0% | 1.4% | — | 1.5% | 65.7 |
 MSGE | $4B | 97.8 | 24.6 | 38.3 | 43.2% | 14.3% | — | 9.3% | 6.3 |
 SPHR | $6B | -27.7 | 197.7 | — | 21.7% | -21.7% | -8.3% | -5.0% | 45.3 |
 KNTK | $3B | 17.9 | 13.0 | 43.4 | 18.4% | 9.3% | 6.0% | 1.9% | 7.1 |
 ABNB | $83B | 34.5 | 30.7 | 17.8 | 83.0% | 20.8% | 30.2% | 50.6% | 0.8 |
 UBER | $148B | 15.1 | 24.3 | 15.2 | 39.8% | 10.7% | 39.8% | 13.6% | 2.1 |
 LYFT | $5B | 2.1 | — | 4.8 | 41.5% | -3.0% | 140.8% | -6.1% | — |
 GOOGL | $4.2T | 32.3 | 28.3 | 57.7 | 59.7% | 32.1% | 35.7% | 25.1% | 0.4 |
| Communication Services Median | — | 15.3 | 9.7 | 11.2 | 48.5% | 1.6% | 2.0% | 2.6% | 3.6 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 7 years · Updated daily
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SEAT — Frequently Asked Questions
Quick answers to the most common questions about buying SEAT stock.
What is Vivid Seats Inc.'s P/E ratio?
Vivid Seats Inc.'s current P/E ratio is -0.1x. The historical average is 42.4x.
What is Vivid Seats Inc.'s EV/EBITDA?
Vivid Seats Inc.'s current EV/EBITDA is -2.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.6x.
What is Vivid Seats Inc.'s ROE?
Vivid Seats Inc.'s return on equity (ROE) is -162.3%. The historical average is -28.6%.
Is SEAT stock overvalued?
Based on historical data, Vivid Seats Inc. is trading at a P/E of -0.1x. Compare with industry peers and growth rates for a complete picture.
What are Vivid Seats Inc.'s profit margins?
Vivid Seats Inc. has 61.0% gross margin and -7.3% operating margin.
How much debt does Vivid Seats Inc. have?
Vivid Seats Inc.'s Debt/EBITDA ratio is 2.2x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.