Clear Secure, Inc. (YOU) Financial Ratios
7 years of historical data (2019–2025) · Technology · Software - Application
EV/EBITDA
↓
23.61
↓-20% vs avg
5yr avg: 29.36
30Y Low15.0·High46.9
P/FCF
↓
15.46
↓-29% vs avg
5yr avg: 21.83
30Y Low9.5·High59.6
P/B Ratio
↑
25.09
↑+167% vs avg
5yr avg: 9.38
30Y Low4.4·High16.7
ROE
↑
49.4%
↓+182% vs avg
5yr avg: 17.5%
30Y Low-36%·High56%
Debt/EBITDA
↓
N/A
—
5yr avg: 1.93
30Y Low0.8·High3.0
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
YOU Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Clear Secure, Inc. trades at 47.1x earnings, 23% above its 5-year average of 38.3x, sitting at the 67th percentile of its historical range. Compared to the Technology sector median P/E of 28.3x, the stock trades at a premium of 66%. On a free-cash-flow basis, the stock trades at 15.5x P/FCF, 29% below the 5-year average of 21.8x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Market Cap | $5.3B | $3.4B | $3.8B | $1.9B | $2.3B | $2.4B | — | — |
| Enterprise Value | $5.2B | $3.3B | $3.9B | $2.0B | $2.3B | $2.1B | — | — |
| P/E Ratio → | 47.08 | 31.32 | 17.08 | 66.61 | — | — | — | — |
| P/S Ratio | 5.89 | 3.79 | 5.00 | 3.08 | 5.15 | 9.57 | — | — |
| P/B Ratio | 25.09 | 16.70 | 16.18 | 5.12 | 4.41 | 4.50 | — | — |
| P/FCF | 15.46 | 9.94 | 13.57 | 9.51 | 16.51 | 59.63 | — | — |
| P/OCF | 14.24 | 9.16 | 13.02 | 8.41 | 13.38 | 34.85 | — | — |
P/E links to full P/E history page with 30-year chart
YOU EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Clear Secure, Inc.'s enterprise value stands at 23.6x EBITDA, 20% below its 5-year average of 29.4x. The Technology sector median is 16.5x, placing the stock at a 43% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.69 | 5.07 | 3.20 | 5.36 | 8.46 | — | — |
| EV / EBITDA | 23.61 | 15.05 | 26.08 | 46.94 | — | — | — | — |
| EV / EBIT | 27.99 | 16.14 | 31.69 | 97.40 | — | — | — | — |
| EV / FCF | — | 9.70 | 13.76 | 9.86 | 17.18 | 52.75 | — | — |
YOU Profitability
Margins and return-on-capital ratios measuring operating efficiency
Clear Secure, Inc. earns an operating margin of 20.7%. Operating margins have expanded from 3.3% to 20.7% over the past 3 years, signaling improving operational efficiency. Return on equity of 49.4% is exceptionally high. ROIC of 68.1% 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 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 85.8% | 85.8% | 63.5% | 62.3% | 63.2% | 58.7% | 68.1% | 52.0% |
| Operating Margin | 20.7% | 20.7% | 16.0% | 3.3% | -29.5% | -45.3% | -8.2% | -29.2% |
| Net Profit Margin | 12.1% | 12.1% | 22.0% | 4.6% | -15.0% | -14.2% | -4.0% | -28.2% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| ROE | 49.4% | 49.4% | 55.9% | 6.4% | -12.5% | -11.6% | -7.9% | -35.7% |
| ROA | 8.7% | 8.7% | 15.2% | 2.7% | -7.1% | -6.9% | -3.4% | -17.0% |
| ROIC | 68.1% | 68.1% | 25.3% | 2.9% | -22.5% | -76.5% | — | — |
| ROCE | 34.0% | 34.0% | 23.6% | 3.6% | -21.7% | -36.2% | -15.7% | -36.2% |
YOU Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $86M exceeds total debt of $0, 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 | — | — | 0.51 | 0.34 | 0.25 | — | — | — |
| Debt / EBITDA | — | — | 0.81 | 3.05 | — | — | — | — |
| Net Debt / Equity | — | -0.42 | 0.23 | 0.19 | 0.18 | -0.52 | -1.41 | -1.41 |
| Net Debt / EBITDA | -0.39 | -0.39 | 0.36 | 1.66 | — | — | — | — |
| Debt / FCF | — | -0.25 | 0.19 | 0.35 | 0.67 | -6.88 | — | -153.87 |
| Interest Coverage | — | — | — | — | — | -329.32 | — | — |
Net cash position: cash ($86M) exceeds total debt ($0)
YOU Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.01x means Clear Secure, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 1.39x to 1.01x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.01 | 1.01 | 1.03 | 1.39 | 1.87 | 2.47 | 1.17 | 1.60 |
| Quick Ratio | 1.01 | 1.01 | 1.03 | 1.39 | 1.87 | 2.47 | 1.17 | 1.60 |
| Cash Ratio | 0.92 | 0.92 | 0.95 | 1.31 | 1.77 | 2.33 | 1.05 | 1.51 |
| Asset Turnover | — | 0.69 | 0.64 | 0.59 | 0.42 | 0.31 | 0.99 | 0.60 |
| Inventory Turnover | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 0.78 | 0.24 | 0.31 | 0.98 | 7.66 | 1.44 | 2.11 |
YOU Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Clear Secure, Inc. returns 4.2% to shareholders annually — split between a 1.8% dividend yield and 2.4% buyback yield. The payout ratio of 84.2% is elevated — while still covered by earnings, there is limited headroom for dividend increases. The earnings yield of 2.1% (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 |
|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.8% | 2.7% | 2.4% | 6.6% | 1.7% | — | — | — |
| Payout Ratio | 84.2% | 84.2% | 55.0% | 445.4% | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.1% | 3.2% | 5.9% | 1.5% | — | — | — | — |
| FCF Yield | 6.5% | 10.1% | 7.4% | 10.5% | 6.1% | 1.7% | — | — |
| Buyback Yield | 2.4% | 3.7% | 7.1% | 3.7% | 0.2% | 0.5% | — | — |
| Total Shareholder Yield | 4.2% | 6.4% | 9.5% | 10.3% | 1.9% | 0.5% | — | — |
| Shares Outstanding | — | $97M | $145M | $92M | $82M | $77M | $65M | $73M |
Peer Comparison
Compare YOU 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 |
|---|---|---|---|---|---|---|---|---|---|
 YOUYou | $5B | 47.1 | 23.6 | 15.5 | 85.8% | 20.7% | 49.4% | 68.1% | — |
 OSIS | $4B | 24.7 | 15.8 | 63.3 | 34.3% | 12.7% | 16.5% | 11.5% | 2.6 |
 CGNX | $11B | 94.1 | 54.3 | 45.1 | 66.9% | 16.3% | 7.6% | 9.0% | 0.4 |
 IDCC | $7B | 23.7 | 12.9 | 13.6 | 80.3% | 55.3% | 41.5% | 40.9% | 0.9 |
 IIIV | $441M | 35.6 | 12.0 | 117.4 | 55.7% | 1.9% | 3.5% | 0.6% | 0.2 |
 EVTC | $2B | 11.6 | 7.8 | 11.6 | 49.7% | 20.0% | 23.0% | 10.2% | 3.7 |
 TASK | $423M | 4.3 | 2.5 | 5.7 | 32.6% | 11.9% | 18.6% | 16.3% | 1.5 |
 RELY | $4B | 65.8 | 37.2 | 14.5 | 57.1% | 5.0% | 8.9% | 14.2% | 2.1 |
 DAL | $57B | 11.3 | 8.9 | 14.8 | 22.8% | 9.2% | 27.8% | 12.0% | 2.6 |
 UAL | $39B | 11.9 | 8.4 | 15.4 | 64.1% | 8.0% | 24.0% | 9.1% | 4.1 |
 AAL | $11B | 94.9 | 13.1 | — | 19.2% | 2.7% | — | 3.5% | 10.5 |
| Technology Median | — | 28.3 | 16.5 | 19.0 | 49.0% | -0.2% | 1.7% | 2.6% | 2.9 |
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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YOU — Frequently Asked Questions
Quick answers to the most common questions about buying YOU stock.
What is Clear Secure, Inc.'s P/E ratio?
Clear Secure, Inc.'s current P/E ratio is 47.1x. The historical average is 38.3x. This places it at the 67th percentile of its historical range.
What is Clear Secure, Inc.'s EV/EBITDA?
Clear Secure, Inc.'s current EV/EBITDA is 23.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 29.4x.
What is Clear Secure, Inc.'s ROE?
Clear Secure, Inc.'s return on equity (ROE) is 49.4%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 6.3%.
Is YOU stock overvalued?
Based on historical data, Clear Secure, Inc. is trading at a P/E of 47.1x. This is at the 67th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Clear Secure, Inc.'s dividend yield?
Clear Secure, Inc.'s current dividend yield is 1.79% with a payout ratio of 84.2%.
What are Clear Secure, Inc.'s profit margins?
Clear Secure, Inc. has 85.8% gross margin and 20.7% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.