Xponential Fitness, Inc. (XPOF) Financial Ratios
8 years of historical data (2018–2025) · Consumer Cyclical · Leisure
EV/EBITDA
↓
8.14
↓-52% vs avg
5yr avg: 16.92
30Y Low8.5·High25.1
P/FCF
↓
10.30
↓-68% vs avg
5yr avg: 32.44
30Y Low11.6·High61.8
P/B Ratio
N/A
—
5yr avg: N/A
ROE
N/A
—
5yr avg: N/A
30Y Low-87%·High-68%
Debt/EBITDA
↓
5.73
↓-12% vs avg
5yr avg: 6.51
30Y Low5.7·High11.8
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
XPOF Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Xponential Fitness, 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 10.3x P/FCF, 68% below the 5-year average of 32.4x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $255M | $286M | $430M | $512M | $580M | $488M | — | — | — |
| Enterprise Value | $746M | $777M | $793M | $891M | $718M | $599M | — | — | — |
| P/E Ratio → | -4.65 | — | — | — | — | — | — | — | — |
| P/S Ratio | 0.81 | 0.91 | 1.34 | 1.61 | 2.38 | 3.15 | — | — | — |
| P/B Ratio | — | — | — | — | — | — | — | — | — |
| P/FCF | 10.30 | 11.58 | 61.80 | 21.78 | 16.14 | 50.92 | — | — | — |
| P/OCF | 9.00 | 10.12 | 36.86 | 15.65 | 11.14 | 33.80 | — | — | — |
P/E links to full P/E history page with 30-year chart
XPOF EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Xponential Fitness, Inc.'s enterprise value stands at 8.1x EBITDA, 52% below its 5-year average of 16.9x. The Consumer Cyclical sector median is 12.2x, placing the stock at a 33% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.47 | 2.48 | 2.80 | 2.95 | 3.86 | — | — | — |
| EV / EBITDA | 8.14 | 8.49 | — | 17.20 | 25.09 | — | — | — | — |
| EV / EBIT | 9.38 | 9.77 | — | 16.52 | 24.18 | 228.40 | — | — | — |
| EV / FCF | — | 31.43 | 113.92 | 37.90 | 20.00 | 62.45 | — | — | — |
XPOF Profitability
Margins and return-on-capital ratios measuring operating efficiency
Xponential Fitness, Inc. earns an operating margin of 25.3%, significantly above the Consumer Cyclical sector average of 2.0%. Operating margins have expanded from 11.0% to 25.3% over the past 3 years, signaling improving operational efficiency. ROIC of 69.7% represents excellent returns on invested capital versus a sector median of 5.2%.
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 |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 75.6% | 75.6% | 81.4% | 69.0% | 66.2% | 65.0% | 61.3% | 57.1% | 50.5% |
| Operating Margin | 25.3% | 25.3% | -16.7% | 11.0% | 5.5% | -19.9% | 7.3% | -16.3% | -61.1% |
| Net Profit Margin | -10.7% | -10.7% | -20.3% | -1.3% | 0.5% | -12.1% | -12.8% | -28.8% | -71.7% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | — | — | — | -86.8% | -83.6% | -68.3% |
| ROA | -9.0% | -9.0% | -13.9% | -0.8% | 0.3% | -5.1% | -4.2% | -11.9% | -14.2% |
| ROIC | 69.7% | 69.7% | -23.5% | 23.7% | — | -60.5% | 3.4% | -8.7% | -14.0% |
| ROCE | 30.3% | 30.3% | -14.7% | 8.2% | 3.5% | -10.0% | 2.9% | -8.1% | -14.4% |
XPOF Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Xponential Fitness, Inc. carries a Debt/EBITDA ratio of 5.7x, which is highly leveraged (20% above the sector average of 4.8x). Net debt stands at $491M ($525M total debt minus $34M cash). Interest coverage of just 1.6x 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 |
|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | — | 38.49 | 5.74 | 2.29 |
| Debt / EBITDA | 5.73 | 5.73 | — | 7.85 | 5.95 | — | 11.83 | — | — |
| Net Debt / Equity | — | — | — | — | — | — | 36.11 | 5.39 | 2.11 |
| Net Debt / EBITDA | 5.36 | 5.36 | — | 7.32 | 4.83 | — | 11.10 | — | — |
| Debt / FCF | — | 19.85 | 52.12 | 16.12 | 3.85 | 11.53 | — | — | — |
| Interest Coverage | 1.62 | 1.62 | -1.14 | 1.39 | 2.28 | 0.11 | -0.04 | -1.30 | -5.78 |
XPOF Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.82x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 1.05x to 0.82x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.82 | 0.82 | 0.78 | 1.05 | 1.18 | 0.78 | 0.60 | 0.56 | 0.52 |
| Quick Ratio | 0.80 | 0.80 | 0.69 | 0.89 | 1.03 | 0.67 | 0.48 | 0.48 | 0.42 |
| Cash Ratio | 0.29 | 0.29 | 0.15 | 0.30 | 0.44 | 0.32 | 0.21 | 0.17 | 0.24 |
| Asset Turnover | — | 0.91 | 0.79 | 0.60 | 0.50 | 0.37 | 0.33 | 0.40 | 0.20 |
| Inventory Turnover | 34.55 | 34.55 | 5.94 | 6.70 | 7.57 | 7.84 | 6.69 | 11.61 | 6.48 |
| Days Sales Outstanding | — | 41.62 | 36.38 | 37.83 | 40.63 | 32.94 | 17.79 | 30.47 | 27.27 |
XPOF Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Xponential Fitness, Inc. returns 2.4% to shareholders annually primarily through dividends.
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 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.4% | 2.0% | 1.3% | 1.4% | 2.8% | 2.2% | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — |
| FCF Yield | 9.7% | 8.6% | 1.6% | 4.6% | 6.2% | 2.0% | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 9.8% | 0.0% | 31.4% | — | — | — |
| Total Shareholder Yield | 2.4% | 2.0% | 1.3% | 11.2% | 2.8% | 33.6% | — | — | — |
| Shares Outstanding | — | $35M | $32M | $40M | $25M | $24M | $23M | $23M | $23M |
Peer Comparison
Compare XPOF 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 |
|---|---|---|---|---|---|---|---|---|---|
 XPOFYou | $255M | -4.6 | 8.1 | 10.3 | 75.6% | 25.3% | — | 69.7% | 5.7 |
 PLNT | $4B | 20.2 | 7.8 | 16.5 | 82.6% | 29.8% | — | 35.2% | 0.8 |
 PTON | $2B | -19.2 | 61.7 | 7.3 | 50.9% | -1.5% | — | -3.9% | 36.9 |
 VNET | $2B | -65.9 | 13.7 | — | 22.0% | 7.6% | -3.2% | 2.1% | 10.0 |
 BFAM | $4B | 19.1 | 12.6 | 13.7 | 23.6% | 10.7% | 14.8% | 8.0% | 4.3 |
 MNRO | $467M | 565.5 | 12.2 | 12.0 | 35.0% | 1.3% | 0.4% | 1.1% | 6.3 |
 FAT | $3M | -0.0 | — | — | 25.4% | -8.8% | — | -3.8% | — |
 DENN | $322M | 15.2 | 12.1 | 350.6 | 73.4% | 10.0% | — | 9.7% | 6.8 |
 JACK | $244M | -3.0 | 82.4 | 3.3 | 28.7% | -1.2% | — | -0.6% | 77.6 |
 WING | $4B | 26.1 | 25.3 | 41.7 | 82.6% | 27.6% | — | 46.0% | 6.1 |
 NKE | $54B | 20.9 | 12.7 | 16.5 | 42.7% | 8.0% | 23.3% | 16.7% | 2.4 |
| 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 · 8 years · Updated daily
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XPOF — Frequently Asked Questions
Quick answers to the most common questions about buying XPOF stock.
What is Xponential Fitness, Inc.'s P/E ratio?
Xponential Fitness, Inc.'s current P/E ratio is -4.6x. This places it at the 50th percentile of its historical range.
What is Xponential Fitness, Inc.'s EV/EBITDA?
Xponential Fitness, Inc.'s current EV/EBITDA is 8.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 16.9x.
Is XPOF stock overvalued?
Based on historical data, Xponential Fitness, Inc. is trading at a P/E of -4.6x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Xponential Fitness, Inc.'s dividend yield?
Xponential Fitness, Inc.'s current dividend yield is 2.40%.
What are Xponential Fitness, Inc.'s profit margins?
Xponential Fitness, Inc. has 75.6% gross margin and 25.3% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Xponential Fitness, Inc. have?
Xponential Fitness, Inc.'s Debt/EBITDA ratio is 5.7x, indicating high leverage. A ratio above 4x may signal elevated financial risk.