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Yelp YELP Return on invested capital

Return on invested capital at other companies

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3.1%-0.2pp
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-15.5%-4.1pp
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8.9%+8.7pp
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Other financials

Income statement

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Revenue$375.5M+1.4%
Gross profit$333.7M-0.4%
Operating income$43.7M-17.9%
Net income$31.7M-28.2%
EPS (diluted)$0.57-14.9%

Balance sheet

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Cash & equivalents$94.1M+9.7%
Total debt$23.3M-23.8%
Total equity$644.5M-13.6%
Total assets$990.6M+1.1%

Cash flow

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Operating cash flow$75.8M+30.7%
CapEx$14.7M+13.2%
Free cash flow$61.1M+35.7%

Valuation

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Market cap$1.41B-26.9%
Enterprise value$1.33B-28.5%
P/E11.1×-1.8×
P/S-0.4×

Profitability

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Gross margin89.6%-1.0pp
Operating margin11.7%-0.9pp
Net margin8.6%-1.7pp
FCF margin20.2%+0.6pp

Returns & leverage

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Return on equity18.2%-1.9pp
Debt / equity0.0×
Current ratio1.7×-1.5×

Where this comes from

Calculated from Yelp’s reported figures.

Based on trailing twelve months.

The source filing: Yelp’s 10-Q, filed August 7, 2026. Open the filing →

Filed
Aug 7, 2026, 4:16 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001345016-26-000066

FAQ

What is Yelp's return on invested capital?
Yelp (YELP) reported return on invested capital of 18.8% in Q2 2026.
How has Yelp's return on invested capital changed year-over-year?
Yelp's return on invested capital increased by 1.9% year-over-year, from 18.4% to 18.8%.
What is the long-term trend for Yelp's return on invested capital?
Over 4 years (2021 to 2025), Yelp's return on invested capital has grown at a 54.9% compound annual growth rate (CAGR), from 3.5% to 20.2%.
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.

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