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Yelp YELP Ratios & Valuation

Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Profitability
Gross margin89.6%-1.0pp90%-0.8pp90.3%-1.0pp90.5%-0.9pp90.6%-0.9pp
Operating margin11.7%-0.9pp12.4%+0.6pp12.6%+1.9pp12.9%+4.1pp12.6%+4.0pp
Net margin8.6%-1.7pp9.5%-0.5pp9.9%+0.5pp10.2%+1.8pp10.3%+0.3pp
Returns
Return on equity18.2%-1.9pp20.4%+0.7pp20%+2.2pp20.4%+4.4pp20.1%+1.0pp
Return on invested capital18.8%+0.4pp21.3%+3.6pp20.2%+4.8pp20%+7.1pp18.4%+3.8pp
Efficiency
Asset turnover1.5×0.0×1.5×0.0×1.5×+0.1×1.5×+0.1×1.5×+0.1×
Liquidity
Current ratio1.7×-1.5×1.7×-1.2×-0.3×-0.5×3.3×-0.4×
Leverage
Debt-to-equity0.0×0.0×0.0×0.0×-0.1×
Net debt / EBITDA-0.3×-0.1×-0.4×0.0×-0.4×-0.2×-0.4×-0.1×-0.2×-0.2×
Per Share
Book value per share$11.57+1.8%$10.63-1.7%$10.92+3.7%$11.42+6.8%$11.36+8.9%
Valuation
Market capitalization$1.38B-26.9%$1.47B-38.9%$1.87B-26.6%$1.97B-17.3%$2.19B-13.4%
Price / earnings10.9×-1.7×10.6×-6.2×12.8×-6.3×13.1×-7.0×14.7×-3.7×
Price / sales0.9×-0.4×-0.7×1.3×-0.5×1.3×-0.4×1.5×-0.3×
Price / book2.2×-0.4×2.3×-1.0×2.6×-0.8×2.7×-0.5×2.9×-0.5×
EV / EBITDA5.7×-2.4×5.9×-5.1×7.5×-5.6×7.9×-6.5×9.4×-6.6×

FAQ

What are Yelp's profit margins?
Yelp (YELP) runs a 89.6% gross margin and a 11.7% operating margin, with a 8.6% net margin.
Where do Yelp's ratios come from?
Every ratio is computed from Yelp's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.