What is Chegg's net debt / EBITDA?

Chegg (CHGG) reported net debt / EBITDA of -2× in Q1 2024.

How has Chegg's net debt / EBITDA changed year-over-year?

Chegg's net debt / EBITDA increased by 23.8% year-over-year, from -2.7× to -2×.

What is the long-term trend for Chegg's net debt / EBITDA?

Over 3 years (2020 to 2023), Chegg's net debt / EBITDA has grown at a -27.3% compound annual growth rate (CAGR), from -4.4× to -1.7×.

What does net debt / EBITDA mean?

Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

Chegg CHGG Net debt / EBITDA

Net debt / EBITDA at other companies

GHC

Graham HoldingsGHC

3.2×-0.4×

IMM

Immersion CorporationIMMR

0.2×—

Grand Canyon EducationLOPE

0×0.0×

DuolingoDUOL

-0.5×+0.4×

Barnes & Noble EducationBNED

6.7×-3.1×

Alphabet Inc.GOOGL

——

Other financials

Income statement

See full

Revenue$63.3M-47.9%

Gross profit$37.9M-43.8%

Operating income-$1.0M+96.4%

Net income$228.0K+101%

EPS (diluted)$0.00+100%

Balance sheet

See full

Cash & equivalents$35.2M-25.3%

Total debt$17.9M-19.5%

Total equity$121.1M-34.8%

Total assets$244.1M-44.4%

Cash flow

See full

Operating cash flow$4.1M-83.3%

CapEx$1.0M-88.0%

Free cash flow$3.1M-80.7%

Valuation

See full

Market cap$113.08M-15.8%

Enterprise value$95.86M-18.1%

P/S0.4×+0.1×

Profitability

See full

Gross margin61.2%-5.4pp

Operating margin-27.9%-12.3pp

Net margin-26.9%-12.1pp

FCF margin7.9%-11.0pp

Returns & leverage

See full

Return on equity-55.9%-21.5pp

Debt / equity0.1×0.0×

Current ratio1×-0.2×

Where this comes from

Calculated from Chegg’s reported figures.

net debt/ebitda=-2×

Based on the most recent quarter.

The official record: Chegg’s 10-Q, filed May 12, 2025, on SEC EDGAR. View the filing →

Ask your AI about Chegg's net debt / ebitda.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Chegg's net debt / EBITDA?: Chegg (CHGG) reported net debt / EBITDA of -2× in Q1 2024.
How has Chegg's net debt / EBITDA changed year-over-year?: Chegg's net debt / EBITDA increased by 23.8% year-over-year, from -2.7× to -2×.
What is the long-term trend for Chegg's net debt / EBITDA?: Over 3 years (2020 to 2023), Chegg's net debt / EBITDA has grown at a -27.3% compound annual growth rate (CAGR), from -4.4× to -1.7×.
What does net debt / EBITDA mean?: Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.