11 years of historical data (2015–2025) · 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
Snap 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 18.0x P/FCF, 94% below the 5-year average of 297.4x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $7.9B | $13.9B | $17.9B | $27.3B | $14.4B | $73.3B | $72.9B | $22.5B | $7.2B | $17.0B | — |
| Enterprise Value | $11.5B | $17.6B | $21.1B | $29.9B | $17.1B | $74.0B | $74.3B | $23.2B | $6.8B | $16.7B | — |
| P/E Ratio → | -17.22 | — | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 1.33 | 2.34 | 3.33 | 5.93 | 3.13 | 17.81 | 29.08 | 13.09 | 6.07 | 20.65 | — |
| P/B Ratio | 3.51 | 6.09 | 7.29 | 11.31 | 5.58 | 19.34 | 31.28 | 9.94 | 3.10 | 5.69 | — |
| P/FCF | 18.00 | 31.76 | 81.72 | 784.61 | 260.26 | 328.78 | — | — | — | — | — |
| P/OCF | 11.99 | 21.16 | 43.22 | 110.74 | 77.97 | 250.34 | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
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 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.96 | 3.93 | 6.48 | 3.73 | 17.96 | 29.66 | 13.51 | 5.74 | 20.27 | — |
| EV / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | 40.15 | 96.35 | 858.32 | 310.02 | 331.64 | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Snap Inc. earns an operating margin of -9.0%, below the Communication Services sector average of 1.6%. Operating margins have expanded from -30.4% to -9.0% over the past 3 years, signaling improving operational efficiency. A negative ROE of -19.5% indicates the company is currently destroying shareholder equity.
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 | 55.0% | 55.0% | 53.9% | 54.1% | 60.6% | 57.5% | 52.8% | 47.8% | 32.3% | 13.0% | -11.7% |
| Operating Margin | -9.0% | -9.0% | -14.7% | -30.4% | -30.3% | -17.1% | -34.4% | -64.3% | -107.5% | -422.5% | -128.7% |
| Net Profit Margin | -7.8% | -7.8% | -13.0% | -28.7% | -31.1% | -11.9% | -37.7% | -60.3% | -106.4% | -417.6% | -127.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -19.5% | -19.5% | -28.7% | -53.0% | -44.9% | -15.9% | -41.2% | -45.2% | -47.4% | -152.7% | -45.1% |
| ROA | -5.9% | -5.9% | -8.8% | -16.5% | -18.4% | -7.8% | -20.9% | -30.7% | -40.9% | -133.9% | -38.7% |
| ROIC | -6.9% | -6.9% | -11.1% | -20.3% | -21.4% | -12.8% | -19.1% | -33.8% | -41.4% | -128.8% | -51.3% |
| ROCE | -8.1% | -8.1% | -11.6% | -20.5% | -20.7% | -12.7% | -21.9% | -37.2% | -46.2% | -150.2% | -44.3% |
Solvency and debt-coverage ratios — lower is generally safer
Net debt stands at $3.7B ($4.7B total debt minus $1.0B cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 2.06 | 2.06 | 1.73 | 1.80 | 1.62 | 0.69 | 0.86 | 0.55 | — | 0.01 | 0.01 |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | 1.61 | 1.30 | 1.06 | 1.07 | 0.17 | 0.63 | 0.32 | -0.17 | -0.11 | -0.09 |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Debt / FCF | — | 8.40 | 14.62 | 73.71 | 49.76 | 2.86 | — | — | — | — | — |
| Interest Coverage | -3.70 | -3.70 | -30.19 | -57.77 | -64.27 | -25.84 | -8.53 | -40.34 | -320.87 | -1001.14 | -365.38 |
Short-term solvency ratios and asset-utilisation metrics
Snap Inc.'s current ratio of 3.56x 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 4.39x to 3.56x 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 | 3.56 | 3.56 | 3.95 | 4.39 | 4.32 | 5.70 | 5.00 | 5.29 | 5.73 | 6.84 | 7.53 |
| Quick Ratio | 3.56 | 3.56 | 3.95 | 4.39 | 4.32 | 5.70 | 5.00 | 5.29 | 5.73 | 6.84 | 7.53 |
| Cash Ratio | 2.29 | 2.29 | 2.72 | 3.12 | 3.24 | 4.34 | 3.80 | 4.23 | 4.37 | 5.90 | 6.30 |
| Asset Turnover | — | 0.77 | 0.68 | 0.58 | 0.57 | 0.55 | 0.50 | 0.43 | 0.43 | 0.24 | 0.23 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 84.44 | 91.80 | 101.29 | 93.84 | 94.76 | 108.38 | 104.72 | 109.76 | 123.65 | 146.78 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Snap Inc. returns 34.9% to shareholders annually primarily through share buybacks.
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 | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — | — | — |
| FCF Yield | 5.6% | 3.1% | 1.2% | 0.1% | 0.4% | 0.3% | — | — | — | — | — |
| Buyback Yield | 34.9% | 19.8% | 1.7% | 0.7% | 7.0% | 0.0% | 0.0% | 0.0% | 0.0% | 2.3% | — |
| Total Shareholder Yield | 34.9% | 19.8% | 1.7% | 0.7% | 7.0% | 0.0% | 0.0% | 0.0% | 0.0% | 2.3% | — |
| Shares Outstanding | — | $1.7B | $1.7B | $1.6B | $1.6B | $1.6B | $1.5B | $1.4B | $1.3B | $1.2B | $1.2B |
Compare SNAP 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 |
|---|---|---|---|---|---|---|---|---|---|
| $8B | -17.2 | — | 18.0 | 55.0% | -9.0% | -19.5% | -6.9% | — | |
| $1.5T | 24.6 | 14.8 | 31.7 | 82.0% | 41.4% | 30.2% | 27.6% | 0.8 | |
| $13B | 33.3 | 37.0 | 10.8 | 80.1% | 7.6% | 8.8% | 6.1% | 0.8 | |
| $33B | 66.7 | 71.0 | 48.9 | 91.2% | 20.1% | 20.9% | 18.4% | 0.1 | |
| $345M | -0.4 | 2.7 | 1.4 | 68.3% | 26.3% | -69.6% | 13.4% | 2.1 | |
| $4.5T | 34.0 | 29.8 | 60.8 | 59.7% | 32.1% | 35.7% | 25.1% | 0.4 | |
| $8B | 14.9 | 11.4 | 8.1 | 72.8% | 25.0% | — | 23.7% | 4.1 | |
| $3B | -32.1 | 14.2 | 70.9 | 66.8% | -4.1% | -1.9% | -1.2% | 5.5 | |
| $9B | 20.3 | 12.0 | 10.9 | 78.6% | 20.3% | 16.3% | 21.3% | 0.6 | |
| $3B | 18.8 | 15.1 | 15.5 | 62.7% | 13.7% | 17.1% | 9.5% | 1.8 | |
| $2B | 34.4 | 10.5 | 9.2 | 82.2% | 10.6% | 4.6% | 6.4% | 0.7 | |
| Communication Services Median | — | 15.3 | 9.6 | 11.4 | 48.5% | 1.6% | 2.0% | 2.6% | 3.6 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Includes 30+ ratios · 11 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying SNAP stock.
Snap Inc.'s current P/E ratio is -17.2x. This places it at the 50th percentile of its historical range.
Snap Inc.'s return on equity (ROE) is -19.5%. The historical average is -49.3%.
Based on historical data, Snap Inc. is trading at a P/E of -17.2x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Snap Inc. has 55.0% gross margin and -9.0% operating margin.