What is Vivid Seats Inc.'s return on invested capital?

Vivid Seats Inc. (SEAT) reported return on invested capital of -204.5% in Q4 2025.

How has Vivid Seats Inc.'s return on invested capital changed year-over-year?

Vivid Seats Inc.'s return on invested capital decreased by 5003.3% year-over-year, from 4.2% to -204.5%.

What does return on invested capital mean?

Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

Vivid Seats Inc. SEAT Return on invested capital

Return on invested capital at other companies

Live Nation EntertainmentLYV

37.6%—

STU

StubHub Holdings, Inc.STUB

-74.9%—

CarGurus, Inc.CARG

47.5%+17.4pp

SEG

Seaport Entertainment GroupSEG

-27.1%—

TripAdvisorTRIP

13.4%+4.3pp

LiveRamp Holdings, Inc.RAMP

14%—

Other financials

Income statement

See full

Revenue$97.5M-27.1%

Gross profit$119.2M+9.3%

Operating income$21.7M+40.3%

Net income-$14.6M-38.6%

EPS (diluted)-$1.35-43.6%

Balance sheet

See full

Cash & equivalents$143.6M-28.0%

Total debt$382.6M-0.8%

Total equity-$95.4M-125%

Total assets$691.7M-56.9%

Cash flow

See full

Operating cash flow$46.0M+282%

CapEx$23.0K-98.7%

Free cash flow$46.0M+270%

Valuation

See full

Market cap$71.64M-63.1%

Enterprise value$310.71M-28.3%

P/E0.1×—

P/S0.2×-0.2×

Profitability

See full

Net margin193.6%—

FCF margin-5.1%—

Returns & leverage

See full

Return on equity562.2%—

Debt / equity1.4×+0.2×

Current ratio0.7×-0.1×

Where this comes from

Calculated from Vivid Seats Inc.’s reported figures.

nopat/invested capital=-204.5%

Based on trailing twelve months.

The official record: Vivid Seats Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

Ask your AI about Vivid Seats Inc.'s return on invested capital.

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

Connect your AI

Claude

Questions, answered.

What is Vivid Seats Inc.'s return on invested capital?: Vivid Seats Inc. (SEAT) reported return on invested capital of -204.5% in Q4 2025.
How has Vivid Seats Inc.'s return on invested capital changed year-over-year?: Vivid Seats Inc.'s return on invested capital decreased by 5003.3% year-over-year, from 4.2% to -204.5%.
What does return on invested capital mean?: Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.