Yelp YELP Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 90%-0.2pp | 90.3%-0.2pp | 90.5%-0.2pp | 90.6%-0.2pp | 90.9%-0.4pp | |
| Operating margin | 12.4%-0.2pp | 12.6%-0.3pp | 12.9%+0.3pp | 12.6%+0.8pp | 11.8%+1.1pp | |
| Net margin | 9.5%-0.5pp | 9.9%-0.3pp | 10.2%0.0pp | 10.3%+0.3pp | 10%+0.5pp | |
| Returns | ||||||
| Return on equity | 20.4%+0.4pp | 20%-0.4pp | 20.4%+0.2pp | 20.1%+0.4pp | 19.7%+1.9pp | |
| Return on invested capital | 21.3%+1.2pp | 20.2%+0.2pp | 20%+1.6pp | 18.4%+0.6pp | 17.8%+2.4pp | |
| Efficiency | ||||||
| Asset turnover | 1.5×0.0× | 1.5×0.0× | 1.5×0.0× | 1.5×0.0× | 1.5×0.0× | |
| Liquidity | ||||||
| Current ratio | 1.7×-1.3× | 3×0.0× | 3×-0.3× | 3.3×+0.4× | 2.9×-0.4× | |
| Leverage | ||||||
| Debt-to-equity | 0×0.0× | 0×0.0× | 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 / earnings | 9.3×-6.1× | 12.8×-0.3× | 13.1×-1.6× | 14.7×-2.1× | 16.8×-2.3× | |
| Price / sales | 0.9×-0.7× | 1.3×-0.1× | 1.3×-0.2× | 1.5×-0.2× | 1.7×-0.1× | |
| Price / book | 2×-1.0× | 2.6×-0.1× | 2.7×-0.3× | 2.9×-0.4× | 3.3×-0.1× | |
| EV / EBITDA | 5.1×-4.9× | 7.5×-0.4× | 7.9×-1.5× | 9.4×-1.6× | 11×-2.1× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
