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Yelp YELP Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin90%-0.2pp90.3%-0.2pp90.5%-0.2pp90.6%-0.2pp90.9%-0.4pp
Operating margin12.4%-0.2pp12.6%-0.3pp12.9%+0.3pp12.6%+0.8pp11.8%+1.1pp
Net margin9.5%-0.5pp9.9%-0.3pp10.2%0.0pp10.3%+0.3pp10%+0.5pp
Returns
Return on equity20.4%+0.4pp20%-0.4pp20.4%+0.2pp20.1%+0.4pp19.7%+1.9pp
Return on invested capital21.3%+1.2pp20.2%+0.2pp20%+1.6pp18.4%+0.6pp17.8%+2.4pp
Efficiency
Asset turnover1.5×0.0×1.5×0.0×1.5×0.0×1.5×0.0×1.5×0.0×
Liquidity
Current ratio1.7×-1.3×0.0×-0.3×3.3×+0.4×2.9×-0.4×
Leverage
Debt-to-equity0.0×0.0×0.0×0.0×0.0×
Net debt / EBITDA-0.4×+0.1×-0.4×-0.1×-0.4×-0.1×-0.2×+0.1×-0.4×-0.1×
Per Share
Book value per share$10.63-2.7%$10.92-4.3%$11.42+0.5%$11.36+5.1%$10.81+2.6%
Valuation
Market capitalization$1.28B-41.6%$1.87B-5.0%$1.97B-10.3%$2.19B-8.9%$2.41B-5.5%
Price / earnings9.3×-6.1×12.8×-0.3×13.1×-1.6×14.7×-2.1×16.8×-2.3×
Price / sales0.9×-0.7×1.3×-0.1×1.3×-0.2×1.5×-0.2×1.7×-0.1×
Price / book-1.0×2.6×-0.1×2.7×-0.3×2.9×-0.4×3.3×-0.1×
EV / EBITDA5.1×-4.9×7.5×-0.4×7.9×-1.5×9.4×-1.6×11×-2.1×

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Questions, answered.

What are Yelp's profit margins?
Yelp (YELP) runs a 90.0% gross margin and a 12.4% operating margin, with a 9.5% 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.