Yelp (YELP) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Yelp

NYSE•Communication Services•Internet Content & Information

$21.03-0.80(-0.04%)Market open

Market Cap

$1.12B

P/E

8.9x

P/S

0.8x

P/B

1.7x

Yelp Inc. operates a platform that connects consumers with local businesses in the United States and internationally. Its platform covers various categories, including restaurants, shopping, beauty and fitness, health, and other categories, as well as home, local, auto, professional, pets, events, real estate, and financial services. It provides free and paid advertising products to businesses, which include cost-per-click advertising and multi-location Ad products, RepairPal network, and business listing pages. The company also offers Yelp Connect that provides advertisers with a channel to market new offerings, such as new menu items and specials, and communicate business updates to customers; Yelp Guaranteed that provides limited coverage to consumers who hire a yelp guaranteed business through request-a-quote in the event; Nearby Jobs solutions; Yelp Guest Manager, a subscription-based suite of front-of-house management tools for restaurants, nightlife, and certain other venues, which include online reservations, a waitlist management solution, as well as through hostless kiosks, and seating and server rotation management tools; Yelp Fusion Insights program that offers business owners local analytics and insights; and Yelp Fusion, which offers free access to basic information through publicly available APIs and paid access to content and data for consumer-facing enterprise use. In addition, it provides content licensing and consumer-interactive tools. Further, the company offers its products directly through its sales force; indirectly through partners; and online through its website and business app, as well as non-advertising partner arrangements. It has partnership with DOORDASH to provide consumers with a service to place food orders for pickup and delivery. The company was formerly known as Yelp! Inc. and changed its name to Yelp Inc. in November 2005. Yelp Inc. was incorporated in 2004 and is based in San Francisco, California.

How this company scores

GoodMetricSide Score: 67/100

Strongest: Cash & Earnings Quality (21/25); weakest: Growth (11/25).

Profitability17/25

Growth11/25

Balance Sheet & Red Flags18/25

Cash & Earnings Quality21/25

Strengths

High ROELow leverageCash-backed earningsConsistent free cash flow

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 8.9x5y range 8.9x – 74.7x

Currently below its 20-quarter median.

P/S · 0.8x5y range 0.8x – 2.8x

Currently below its 20-quarter median.

P/B · 1.7x5y range 1.7x – 4.3x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Margin Pressure

Watch

Operating margins declined 6.9% — watch for continued compression, which may signal competitive or cost pressure.

Price & Volume

Market Cap $1.12B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $1.47B
Q. Revenue: $375.52M
TTM EBITDA: $232.53M
TTM Op. Income: $172.80M
Q. Op. Income: $43.73M
TTM Net Income: $126.51M
Q. Net Income: $31.65M
EPS: $0.57
Shares Out.: $55.30M

$1.47B in TTM revenue grew 1.5% YoY, reaching $375.52M last quarter. TTM EBITDA of $232.53M and TTM operating income of $172.80M show growth is flowing through to the bottom line. TTM net income of $126.51M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 2 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 16.5%
Op. Margin: 11.6%
Net Margin: 8.4%

Op. margin of 11.6% is down 2.7% YoY — costs are rising relative to revenue. Net margin at 8.4% Over the past year, operating margin is down 19% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 8.9x
P/S Ratio: 0.8x
P/B Ratio: 1.7x

At 8.9x P/E, the stock trades below typical market levels. P/S of 0.8x and P/B of 1.7x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has fallen for 7 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $990.57M
Cash: $94.14M
Long-Term Debt: $100.00M
Book Value: $644.53M
D/E Ratio: 0.2
Debt/EBITDA: 1.6

With $990.57M in assets and $100.00M in long-term debt, D/E is 0.2and book value is $644.53M — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is up 0% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $75.82M
TTM Free Cash Flow: $297.43M
FCF Margin: 20.2%
FCF / Net Income: 2.4

TTM FCF of $297.43M on $75.82M in operating cash flow. The FCF / Net Income ratio of 2.4x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 4% — an improving trend.