Last 48 quarters of trend data · Communication Services · Internet Content & Information
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Yelp Inc.'s quarterly P/E stands at 20.6x, down 19.8% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 41.2% YoY to 7.5x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 10.03 | 20.62 | 12.45 | 13.00 | 12.79 | 25.72 | 15.60 | 15.66 | 17.11 | 49.25 | 31.99 | 13.16 | 43.35 |
| — | -19.8% | -20.2% | -17.0% | -25.2% | -47.8% | -51.2% | +19.0% | -60.5% | — | +31.0% | -79.8% | -31.3% | |
| P/S Ratio | 0.84 | 1.02 | 1.31 | 1.37 | 1.52 | 1.74 | 1.82 | 1.68 | 1.82 | 2.14 | 2.53 | 2.22 | 1.92 |
| — | -41.6% | -28.0% | -18.7% | -16.6% | -18.7% | -28.1% | -24.1% | -5.2% | +24.7% | +59.7% | +11.1% | +13.7% | |
| P/B Ratio | 2.06 | 2.33 | 2.65 | 2.81 | 3.02 | 3.42 | 3.54 | 3.28 | 3.54 | 3.94 | 4.62 | 4.14 | 3.66 |
| — | -32.0% | -25.0% | -14.4% | -14.8% | -13.1% | -23.5% | -20.7% | -3.3% | +29.5% | +67.7% | +17.8% | +30.0% | |
| P/FCF | 3.83 | 8.13 | 6.58 | 4.33 | 12.50 | 7.13 | 10.97 | 6.55 | 21.62 | 10.80 | 11.83 | 7.71 | 16.06 |
| — | +14.1% | -40.0% | -34.0% | -42.2% | -34.0% | -7.3% | -15.0% | +34.6% | +34.5% | -21.2% | -19.9% | -66.8% | |
| EV / EBITDA | 4.32 | 7.48 | 6.93 | 7.09 | 7.93 | 12.73 | 8.94 | 9.29 | 11.38 | 26.27 | 19.95 | 11.98 | 16.35 |
| — | -41.2% | -22.5% | -23.7% | -30.3% | -51.5% | -55.2% | -22.4% | -30.4% | -35.4% | +97.9% | -30.4% | +65.0% | |
| EV / EBIT | 5.74 | 11.60 | 8.29 | 7.96 | 8.83 | 19.56 | 11.50 | 11.89 | 15.21 | 58.57 | 32.35 | 17.02 | 32.41 |
| — | -40.7% | -27.9% | -33.0% | -41.9% | -66.6% | -64.5% | -30.1% | -53.1% | — | +143.0% | -59.7% | +18.6% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Yelp Inc.'s operating margin was 9.0% in Q1 2026, down 4.6 pp QoQ and up 0.8 pp YoY. This marks the 4th consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 12.8% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin contracted 6.0% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 90.3% | 84.9% | 90.0% | 90.3% | 90.4% | 90.3% | 90.8% | 91.0% | 91.4% | 91.8% | 91.3% | 91.8% | 91.0% |
| — | -6.0% | -0.9% | -0.7% | -1.1% | -1.6% | -0.6% | -0.8% | +0.4% | +0.1% | +0.6% | +0.5% | +0.1% | |
| Operating Margin | 12.6% | 9.0% | 13.6% | 14.1% | 14.4% | 8.2% | 14.8% | 12.9% | 11.1% | 3.4% | 7.3% | 12.1% | 5.6% |
| — | +9.8% | -8.0% | +8.6% | +29.2% | +143.7% | +102.0% | +6.7% | +100.3% | +259.9% | -32.4% | +179.2% | +3.8% | |
| Net Margin | 9.9% | 4.9% | 10.5% | 10.5% | 11.9% | 6.8% | 11.7% | 10.7% | 10.7% | 4.3% | 8.0% | 16.9% | 4.4% |
| — | -27.9% | -10.0% | -2.0% | +11.7% | +59.9% | +45.7% | -36.8% | +143.9% | +1228.3% | +22.8% | +472.1% | +63.0% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 20.0% | 2.6% | 5.2% | 5.3% | 6.0% | 3.3% | 5.7% | 5.2% | 5.2% | 1.9% | 3.7% | 8.0% | 2.1% |
| — | -20.2% | -8.0% | +2.0% | +14.6% | +72.3% | +54.6% | -35.2% | +150.3% | +1254.7% | +29.0% | +526.7% | +87.8% | |
| ROA | 15.0% | 1.8% | 3.9% | 4.0% | 4.5% | 2.5% | 4.3% | 4.0% | 3.9% | 1.4% | 2.7% | 5.7% | 1.4% |
| — | -27.4% | -9.8% | +1.0% | +15.5% | +75.8% | +60.2% | -30.1% | +171.0% | +1319.4% | +36.3% | +537.0% | +85.1% | |
| ROIC | 25.1% | 4.0% | 6.9% | 7.2% | 7.1% | 4.0% | 7.3% | 6.5% | 5.7% | 1.6% | 3.6% | 5.8% | 2.6% |
| — | +1.3% | -5.5% | +10.7% | +26.3% | +143.0% | +104.3% | +10.7% | +116.4% | +276.1% | -26.3% | +175.7% | -6.1% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Yelp Inc.'s Debt/EBITDA ratio is 3.1x, up from 0.7x last quarter — at a moderate level that warrants monitoring. The current ratio has weakened 39.9% YoY to 1.74x, tightening the short-term liquidity position. Debt/Equity has risen for 3 consecutive quarters, indicating increasing financial leverage that investors should watch closely.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.06 | 0.25 | 0.06 | 0.04 | 0.04 | 0.05 | 0.06 | 0.07 | 0.09 | 0.11 | 0.12 | 0.13 | 0.15 |
| — | +433.3% | +2.7% | -48.7% | -55.4% | -57.1% | -50.2% | -44.0% | -38.5% | -35.1% | -34.5% | -32.5% | -26.9% | |
| Debt / EBITDA | 0.17 | 3.06 | 0.69 | 0.42 | 0.47 | 0.74 | 0.63 | 0.90 | 1.27 | 3.09 | 2.15 | 1.62 | 2.85 |
| — | +313.8% | +9.2% | -53.6% | -63.4% | -76.1% | -70.8% | -44.2% | -55.4% | -67.7% | -24.9% | -60.6% | -14.3% | |
| Current Ratio | 2.99 | 1.74 | 2.99 | 2.99 | 3.27 | 2.89 | 3.34 | 3.46 | 3.69 | 3.17 | 3.55 | 3.30 | 2.73 |
| — | -39.9% | -10.3% | -13.7% | -11.4% | -8.8% | -6.0% | +5.0% | +35.5% | +6.9% | +8.9% | +5.6% | -19.7% | |
| Quick Ratio | 2.99 | 1.74 | 2.99 | 2.99 | 3.27 | 2.89 | 3.34 | 3.46 | 3.69 | 3.17 | 3.55 | 3.30 | 2.73 |
| — | -39.9% | -10.3% | -13.7% | -11.4% | -8.8% | -6.0% | +5.0% | +35.5% | +6.9% | +8.9% | +5.6% | -19.7% | |
| Interest Coverage | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying YELP stock.
Yelp Inc.'s current P/E is 10.0x. The average P/E over the last 4 quarters is 14.7x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Yelp Inc.'s current operating margin is 12.6%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Yelp Inc.'s business trajectory between earnings reports.