Yelp Inc. (YELP) Financial Ratios
16 years of historical data (2010–2025) · Communication Services · Internet Content & Information
EV/EBITDA
↓
6.67
↓-55% vs avg
5yr avg: 14.68
30Y Low7.3·High88.0
P/FCF
↓
5.61
↓-51% vs avg
5yr avg: 11.51
30Y Low6.1·High155.3
P/B Ratio
↓
2.68
↓-25% vs avg
5yr avg: 3.54
30Y Low2.8·High9.3
ROE
↑
20.0%
↓+63% vs avg
5yr avg: 12.3%
30Y Low-327%·High20%
Debt/EBITDA
↓
0.17
↓-72% vs avg
5yr avg: 0.62
30Y Low0.2·High16.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
YELP Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Yelp Inc. trades at 13.0x earnings, 67% below its 5-year average of 39.3x, sitting at the 0th percentile of its historical range. Compared to the Communication Services sector median P/E of 15.0x, the stock trades at a discount of 13%. On a free-cash-flow basis, the stock trades at 5.6x P/FCF, 51% below the 5-year average of 11.5x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.8B | $2.0B | $2.7B | $3.5B | $2.0B | $2.8B | $2.4B | $2.7B | $3.1B | $3.7B | $2.9B |
| Enterprise Value | $1.6B | $1.8B | $2.6B | $3.3B | $1.8B | $2.5B | $2.0B | $2.8B | $2.8B | $3.1B | $2.7B |
| P/E Ratio → | 13.04 | 13.57 | 20.59 | 35.07 | 54.68 | 72.48 | — | 66.98 | 56.44 | 23.98 | — |
| P/S Ratio | 1.24 | 1.35 | 1.94 | 2.61 | 1.68 | 2.76 | 2.73 | 2.68 | 3.29 | 4.32 | 4.13 |
| P/B Ratio | 2.68 | 2.78 | 3.67 | 4.65 | 2.83 | 3.79 | 2.79 | 3.60 | 2.89 | 3.33 | 3.65 |
| P/FCF | 5.61 | 6.12 | 11.00 | 12.47 | 12.52 | 15.45 | 17.21 | 16.24 | 26.94 | 26.62 | 32.87 |
| P/OCF | 4.88 | 5.33 | 9.56 | 11.38 | 10.44 | 13.40 | 13.50 | 13.26 | 19.38 | 21.82 | 23.19 |
P/E links to full P/E history page with 30-year chart
YELP EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Yelp Inc.'s enterprise value stands at 6.7x EBITDA, 55% below its 5-year average of 14.7x. The Communication Services sector median is 8.4x, placing the stock at a 21% discount 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 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.23 | 1.81 | 2.44 | 1.53 | 2.46 | 2.28 | 2.74 | 2.94 | 3.67 | 3.75 |
| EV / EBITDA | 6.67 | 7.35 | 12.39 | 21.82 | 11.80 | 20.05 | 168.38 | 32.73 | 40.33 | 14.09 | 87.95 |
| EV / EBIT | 8.85 | 8.84 | 16.94 | 41.21 | 27.36 | 80.44 | — | 78.22 | 107.01 | 191.81 | — |
| EV / FCF | — | 5.59 | 10.30 | 11.66 | 11.39 | 13.76 | 14.36 | 16.61 | 24.05 | 22.63 | 29.83 |
YELP Profitability
Margins and return-on-capital ratios measuring operating efficiency
Yelp Inc. earns an operating margin of 12.6%. Operating margins have expanded from 5.9% to 12.6% over the past 3 years, signaling improving operational efficiency. ROE of 20.0% indicates solid capital efficiency. ROIC of 25.1% represents excellent returns on invested capital.
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 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 90.3% | 90.3% | 91.2% | 91.5% | 91.1% | 92.4% | 93.4% | 93.8% | 93.9% | 91.7% | 91.5% |
| Operating Margin | 12.6% | 12.6% | 10.7% | 5.9% | 4.9% | 3.1% | -4.4% | 3.5% | 2.7% | 21.2% | -0.7% |
| Net Profit Margin | 9.9% | 9.9% | 9.4% | 7.4% | 3.0% | 3.8% | -2.2% | 4.0% | 5.9% | 18.1% | -0.7% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 20.0% | 20.0% | 17.8% | 13.6% | 5.0% | 4.9% | -2.4% | 4.5% | 5.1% | 16.0% | -0.6% |
| ROA | 15.0% | 15.0% | 13.3% | 9.8% | 3.5% | 3.6% | -1.7% | 3.6% | 4.6% | 14.5% | -0.6% |
| ROIC | 25.1% | 25.1% | 20.7% | 11.3% | 9.0% | 5.3% | -4.6% | 3.4% | 3.0% | 24.8% | -0.7% |
| ROCE | 22.9% | 22.9% | 18.1% | 9.5% | 6.8% | 3.3% | -4.0% | 3.5% | 2.3% | 18.4% | -0.7% |
YELP Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Yelp Inc. carries a Debt/EBITDA ratio of 0.2x, which is very conservative (95% below the sector average of 3.5x). The company holds a net cash position — cash of $216M exceeds total debt of $42M, 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 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.06 | 0.06 | 0.06 | 0.12 | 0.18 | 0.22 | 0.23 | 0.31 | — | — | — |
| Debt / EBITDA | 0.17 | 0.17 | 0.21 | 0.58 | 0.82 | 1.33 | 16.94 | 2.74 | — | — | — |
| Net Debt / Equity | — | -0.24 | -0.23 | -0.30 | -0.25 | -0.41 | -0.46 | 0.08 | -0.31 | -0.50 | -0.34 |
| Net Debt / EBITDA | -0.71 | -0.71 | -0.84 | -1.52 | -1.16 | -2.46 | -33.50 | 0.73 | -4.84 | -2.48 | -8.96 |
| Debt / FCF | — | -0.54 | -0.70 | -0.81 | -1.12 | -1.69 | -2.86 | 0.37 | -2.89 | -3.99 | -3.04 |
| Interest Coverage | — | — | — | — | — | — | — | — | — | — | — |
Net cash position: cash ($216M) exceeds total debt ($42M)
YELP Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Yelp Inc.'s current ratio of 2.99x 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 3.55x to 2.99x 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 | 2.99 | 2.99 | 3.34 | 3.55 | 3.26 | 3.93 | 4.98 | 3.98 | 13.25 | 10.60 | 9.29 |
| Quick Ratio | 2.99 | 2.99 | 3.34 | 3.55 | 3.26 | 3.93 | 4.98 | 3.98 | 13.25 | 10.60 | 9.29 |
| Cash Ratio | 1.86 | 1.86 | 2.12 | 2.54 | 2.25 | 2.99 | 4.24 | 3.07 | 11.65 | 9.53 | 7.94 |
| Asset Turnover | — | 1.53 | 1.44 | 1.32 | 1.17 | 0.98 | 0.76 | 0.95 | 0.80 | 0.70 | 0.81 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 38.18 | 40.15 | 39.90 | 49.92 | 48.19 | 36.96 | 38.45 | 33.80 | 32.83 | 35.18 |
YELP Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Yelp Inc. returns 16.1% to shareholders annually primarily through share buybacks. The earnings yield of 7.7% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
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 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 7.7% | 7.4% | 4.9% | 2.9% | 1.8% | 1.4% | — | 1.5% | 1.8% | 4.2% | — |
| FCF Yield | 17.8% | 16.3% | 9.1% | 8.0% | 8.0% | 6.5% | 5.8% | 6.2% | 3.7% | 3.8% | 3.0% |
| Buyback Yield | 16.1% | 14.8% | 9.2% | 5.7% | 10.0% | 9.2% | 1.0% | 17.7% | 6.0% | 0.3% | 0.0% |
| Total Shareholder Yield | 16.1% | 14.8% | 9.2% | 5.7% | 10.0% | 9.2% | 1.0% | 17.7% | 6.0% | 0.3% | 0.0% |
| Shares Outstanding | — | $65M | $71M | $74M | $73M | $79M | $73M | $78M | $89M | $87M | $77M |
Peer Comparison
Compare YELP 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 |
|---|---|---|---|---|---|---|---|---|---|
 YELPYou | $2B | 13.0 | 6.7 | 5.6 | 90.3% | 12.6% | 20.0% | 25.1% | 0.2 |
 ANGI | $297M | 7.9 | 3.9 | 6.5 | 90.8% | 7.6% | 4.4% | 5.0% | 4.0 |
 IAC | $3B | -31.1 | 13.9 | 69.1 | 66.8% | -4.1% | -1.9% | -1.2% | 5.5 |
 TRIP | $1B | 36.4 | 8.7 | 7.9 | 62.0% | 4.2% | 5.0% | 7.4% | 7.2 |
 GOOGL | $4.7T | 35.9 | 31.5 | 64.1 | 59.7% | 32.1% | 35.7% | 25.1% | 0.4 |
 OPEN | $5B | -3.1 | — | 4.8 | 8.0% | -6.6% | -151.3% | -16.6% | — |
 REZI | $6B | -10.7 | 10.7 | — | 29.4% | 8.1% | -16.9% | 9.0% | 3.9 |
 DASH | $72B | 78.0 | 48.0 | 32.9 | 50.9% | 5.3% | 10.5% | 8.2% | 2.2 |
 UBER | $152B | 15.5 | 25.0 | 15.5 | 39.8% | 10.7% | 39.8% | 13.6% | 2.1 |
 ABNB | $85B | 34.7 | 31.6 | 18.3 | 83.0% | 20.8% | 30.2% | 51.0% | 0.8 |
 META | $1.5T | 25.8 | 15.5 | 33.2 | 82.0% | 41.4% | 30.2% | 27.6% | 0.8 |
| Communication Services Median | — | 15.0 | 8.4 | 11.8 | 49.1% | 1.0% | 2.4% | 3.3% | 3.5 |
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Includes 30+ ratios · 16 years · Updated daily
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Start ComparisonYELP — Frequently Asked Questions
Quick answers to the most common questions about buying YELP stock.
What is Yelp Inc.'s P/E ratio?
Yelp Inc.'s current P/E ratio is 13.0x. The historical average is 50.9x.
What is Yelp Inc.'s EV/EBITDA?
Yelp Inc.'s current EV/EBITDA is 6.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 27.6x.
What is Yelp Inc.'s ROE?
Yelp Inc.'s return on equity (ROE) is 20.0%. The historical average is -17.6%.
Is YELP stock overvalued?
Based on historical data, Yelp Inc. is trading at a P/E of 13.0x. Compare with industry peers and growth rates for a complete picture.
What are Yelp Inc.'s profit margins?
Yelp Inc. has 90.3% gross margin and 12.6% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Yelp Inc. have?
Yelp Inc.'s Debt/EBITDA ratio is 0.2x, indicating low leverage. A ratio below 2x is generally considered financially healthy.