Yelp (YELP) Financials

$33.91 +0.07 (+0.21%)

Closing price 03:59 PM Eastern

Extended Trading

$33.76 -0.15 (-0.45%)

As of 04:08 PM Eastern

Annual Income Statements for Yelp

This table shows Yelp's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	-33	-1.71	153	55	41	-19	40	36	99	133
Consolidated Net Income / (Loss)	-33	-1.71	153	55	41	-19	40	36	99	133
Net Income / (Loss) Continuing Operations	-33	-1.71	153	55	41	-19	40	36	99	133
Total Pre-Tax Income	-21	-0.33	184	40	50	-35	34	67	105	183
Total Operating Income	-21	-2.02	180	26	36	-39	32	58	79	151
Total Gross Profit	499	656	780	885	952	816	954	1,088	1,337	1,288
Total Revenue	550	716	851	943	1,014	873	1,032	1,194	1,337	1,412
Operating Revenue	550	716	851	943	1,014	873	1,032	1,194	1,337	1,412
Total Cost of Revenue	51	60	71	58	62	57	78	106	0.00	124
Operating Cost of Revenue	51	60	71	58	62	57	78	106	-	124
Total Operating Expenses	520	658	601	859	916	855	922	1,029	1,258	1,137
Selling, General & Admin Expense	81	100	110	121	136	130	136	164	212	185
Marketing Expense	302	380	437	483	500	437	454	515	557	586
Research & Development Expense	108	139	176	212	230	233	276	306	333	326
Depreciation Expense	30	35	41	43	49	51	56	45	42	40
Total Other Income / (Expense), net	0.39	1.69	4.86	14	14	3.67	2.20	8.43	26	32
Other Income / (Expense), net	0.39	1.69	4.86	14	14	3.67	2.20	8.43	26	32
Income Tax Expense	12	1.39	31	-15	8.89	-16	-5.95	30	5.91	50
Basic Earnings per Share	($0.44)	($0.02)	$1.87	$0.66	$0.55	($0.27)	$0.53	$0.51	$1.43	$1.97
Weighted Average Basic Shares Outstanding	74.68M	77.19M	81.60M	83.57M	74.63M	73.01M	74.22M	70.87M	69.22M	67.42M
Diluted Earnings per Share	($0.44)	($0.02)	$1.76	$0.62	$0.52	($0.27)	$0.50	$0.50	$1.35	$1.88
Weighted Average Diluted Shares Outstanding	74.68M	77.19M	87.17M	88.71M	77.97M	73.01M	78.62M	73.40M	73.60M	70.61M
Weighted Average Basic & Diluted Shares Outstanding	74.80M	77.80M	81.80M	82.03M	71.84M	74.93M	71.10M	69.54M	68.28M	65.03M

This table shows Yelp's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	9.11	20	-1.18	15	58	27	14	38	38	42
Consolidated Net Income / (Loss)	9.11	20	-1.18	15	58	27	14	38	38	42
Net Income / (Loss) Continuing Operations	9.11	20	-1.18	15	58	27	14	38	38	42
Total Pre-Tax Income	16	37	-1.38	25	48	34	19	50	54	60
Total Operating Income	13	33	-6.59	19	42	25	11	40	47	53
Total Gross Profit	282	281	286	307	317	427	305	326	328	329
Total Revenue	309	309	312	337	345	342	333	357	360	362
Operating Revenue	309	309	312	337	345	342	333	357	360	362
Total Cost of Revenue	27	28	26	30	28	-85	27	31	32	33
Operating Cost of Revenue	27	28	26	30	28	-	27	31	32	33
Total Operating Expenses	269	247	293	288	275	402	294	287	281	275
Selling, General & Admin Expense	48	38	47	53	46	67	45	45	50	45
Marketing Expense	133	126	147	139	138	132	148	150	145	143
Research & Development Expense	76	72	88	85	81	78	91	82	78	75
Depreciation Expense	11	11	11	11	10	10	9.93	9.59	9.33	12
Total Other Income / (Expense), net	2.69	3.48	5.21	5.90	6.15	8.78	7.72	10	7.23	6.64
Other Income / (Expense), net	2.69	3.48	5.21	5.90	6.15	8.78	7.72	10	7.23	6.64
Income Tax Expense	7.01	17	-0.20	9.91	-10	6.38	4.79	12	15	18
Basic Earnings per Share	$0.13	$0.28	($0.02)	$0.21	$0.84	$0.40	$0.21	$0.56	$0.57	$0.63
Weighted Average Basic Shares Outstanding	70.63M	70.87M	69.82M	69.26M	69.03M	69.22M	68.56M	67.82M	67.22M	67.42M
Diluted Earnings per Share	$0.13	$0.27	($0.02)	$0.21	$0.79	$0.37	$0.20	$0.54	$0.56	$0.58
Weighted Average Diluted Shares Outstanding	72.66M	73.40M	69.82M	71.24M	73.57M	73.60M	72.25M	70.44M	69.16M	70.61M
Weighted Average Basic & Diluted Shares Outstanding	69.70M	69.54M	68.84M	68.71M	68.47M	68.28M	67.46M	66.91M	65.82M	65.03M

This table details how cash moves in and out of Yelp's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	-76	101	276	-212	-163	404	-116	-174	6.86	-96
Net Cash From Operating Activities	57	127	168	160	205	177	213	192	306	286
Net Cash From Continuing Operating Activities	57	127	168	160	205	177	213	192	306	286
Net Income / (Loss) Continuing Operations	-33	-1.71	153	55	41	-19	40	36	99	133
Consolidated Net Income / (Loss)	-33	-1.71	153	55	41	-19	40	36	99	133
Depreciation Expense	30	35	41	43	49	51	56	45	42	40
Amortization Expense	-	-	-	-	-	16	54	52	52	40
Non-Cash Adjustments To Reconcile Net Income	91	107	-42	139	144	199	125	192	238	210
Changes in Operating Assets and Liabilities, net	-31	-13	16	-77	-29	-70	-62	-132	-125	-137
Net Cash From Investing Activities	-159	-55	81	-164	124	248	-28	-126	-55	-77
Net Cash From Continuing Investing Activities	-159	-55	81	-164	124	248	-28	-126	-55	-77
Purchase of Property, Plant & Equipment	-43	-37	-30	-45	-38	-32	-28	-32	-27	-37
Acquisitions	-73	0.00	-51	0.00	0.00	-6.13	-	0.00	0.00	-66
Purchase of Investments	-246	-283	-355	-751	-541	-97	0.00	-127	-148	-97
Sale and/or Maturity of Investments	203	266	264	632	674	384	0.00	33	120	123
Other Investing Activities, net	0.89	-0.09	0.16	0.25	29	0.33	0.63	0.09	0.20	-0.01
Net Cash From Financing Activities	26	30	27	-208	-492	-21	-300	-238	-247	-304
Net Cash From Continuing Financing Activities	26	30	27	-208	-492	-21	-300	-238	-247	-304
Repayment of Debt	-	-	-	0.00	0.00	-0.43	0.00	0.00	-1.11	0.00
Repurchase of Common Equity	-0.48	0.00	-13	-187	-481	-24	-263	-200	-200	-251
Issuance of Common Equity	21	30	41	30	32	27	25	23	40	21
Other Financing Activities, net	5.76	0.00	-1.20	-50	-43	-24	-63	-61	-85	-73
Effect of Exchange Rate Changes	-0.82	-	-	-	-	0.21	-	-	2.05	-1.07
Cash Income Taxes Paid	0.35	0.81	0.53	29	6.91	0.21	2.52	50	31	58

This table details how cash moves in and out of Yelp's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-90	-25	-17	-19	35	8.55	-18	-43	9.18	-44
Net Cash From Operating Activities	70	44	74	48	105	79	73	40	102	71
Net Cash From Continuing Operating Activities	70	44	74	48	105	79	73	40	102	71
Net Income / (Loss) Continuing Operations	9.11	20	-1.18	15	58	27	14	38	38	42
Consolidated Net Income / (Loss)	9.11	20	-1.18	15	58	27	14	38	38	42
Depreciation Expense	11	11	11	11	10	10	9.93	9.59	9.33	12
Amortization Expense	13	13	14	14	13	11	10	9.97	9.98	9.98
Non-Cash Adjustments To Reconcile Net Income	45	73	57	30	46	104	45	44	76	45
Changes in Operating Assets and Liabilities, net	-8.63	-73	-5.62	-22	-23	-74	-5.88	-62	-31	-38
Net Cash From Investing Activities	-97	-15	-37	-9.61	0.42	-8.22	-6.40	-17	-11	-43
Net Cash From Continuing Investing Activities	-97	-15	-37	-9.61	0.42	-8.22	-6.40	-17	-11	-43
Purchase of Property, Plant & Equipment	-5.61	-12	-7.52	-7.64	-5.70	-6.00	-6.99	-9.59	-9.76	-11
Purchase of Investments	-93	-34	-53	-29	-33	-33	-25	-31	-36	-5.05
Sale and/or Maturity of Investments	1.65	31	23	27	39	31	25	24	34	40
Other Investing Activities, net	0.02	0.05	0.04	0.11	0.01	0.04	0.11	0.13	0.03	-0.28
Net Cash From Financing Activities	-61	-56	-55	-58	-70	-64	-84	-67	-83	-71
Net Cash From Continuing Financing Activities	-61	-56	-55	-58	-70	-64	-84	-67	-83	-71
Repurchase of Common Equity	-50	-50	-50	-50	-50	-50	-63	-60	-66	-63
Issuance of Common Equity	5.12	7.35	15	11	2.86	11	0.55	13	-	7.35
Other Financing Activities, net	-16	-13	-19	-19	-23	-24	-22	-19	-17	-15
Effect of Exchange Rate Changes	-	-	0.44	-	-	-	-	-	-	-1.65
Cash Income Taxes Paid	16	10	-0.18	8.41	0.57	22	0.15	20	15	22

This table presents Yelp's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	755	885	1,226	1,176	1,071	1,155	1,051	1,016	1,015	984
Total Current Assets	443	561	913	860	533	713	645	596	624	517
Cash & Equivalents	172	272	548	333	170	596	480	306	314	217
Short-Term Investments	199	207	273	423	242	-	0.00	94	127	101
Accounts Receivable	53	69	76	87	107	88	107	132	146	155
Prepaid Expenses	20	13	16	17	14	28	58	63	37	44
Plant, Property, & Equipment, net	80	92	104	115	111	102	84	77	69	76
Total Noncurrent Assets	232	232	209	200	426	341	322	343	322	391
Goodwill	172	171	108	106	105	109	105	102	104	131
Intangible Assets	39	33	17	13	10	14	11	9.00	7.64	59
Other Noncurrent Operating Assets	3.70	11	40	59	236	217	206	231	210	201
Total Liabilities & Shareholders' Equity	755	885	1,226	1,176	1,071	1,155	1,051	1,016	1,015	984
Total Liabilities	62	78	117	100	316	300	299	306	265	240
Total Current Liabilities	50	60	86	65	134	143	164	183	176	155
Accounts Payable	3.39	20	9.03	61	72	88	120	138	133	131
Current Deferred Revenue	2.93	3.31	3.47	3.84	4.32	4.11	4.16	5.20	3.82	2.97
Other Current Liabilities	-	-	-	-	58	51	40	40	39	21
Total Noncurrent Liabilities	12	18	31	35	182	157	135	123	89	85
Other Noncurrent Operating Liabilities	-	18	31	-	182	157	135	123	89	85
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	694	807	1,109	1,076	755	855	751	710	750	744
Total Preferred & Common Equity	694	807	1,109	1,076	755	855	751	710	750	744
Total Common Equity	694	807	1,109	1,076	755	855	751	710	750	744
Common Stock	774	893	1,038	1,139	1,260	1,398	1,523	1,650	1,787	1,904
Retained Earnings	-67	-70	79	-53	-493	-534	-760	-924	-1,025	-1,140
Treasury Stock	-	0.00	-0.05	-	0.00	-2.96	-	0.00	-0.28	-3.91
Accumulated Other Comprehensive Income / (Loss)	-14	-16	-8.44	-11	-12	-6.81	-11	-16	-12	-15

This table presents Yelp's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	1,030	1,022	1,033	1,027	993	965	980
Total Current Assets	623	592	588	626	607	584	590
Cash & Equivalents	331	289	270	305	296	252	262
Short-Term Investments	91	125	127	121	125	132	135
Accounts Receivable	127	140	152	160	148	154	155
Prepaid Expenses	74	37	39	40	38	45	38
Plant, Property, & Equipment, net	79	77	76	72	68	71	74
Total Noncurrent Assets	329	353	370	329	318	311	316
Goodwill	98	103	103	102	103	102	104
Intangible Assets	9.34	8.66	8.32	7.98	7.31	6.97	6.64
Other Noncurrent Operating Assets	220	241	259	219	208	201	205
Total Liabilities & Shareholders' Equity	1,030	1,022	1,033	1,027	993	965	980
Total Liabilities	329	318	325	288	272	230	241
Total Current Liabilities	199	199	216	190	191	158	170
Accounts Payable	151	153	172	144	145	118	135
Current Deferred Revenue	8.40	7.41	5.41	7.06	6.99	5.23	7.60
Other Current Liabilities	40	39	38	39	39	35	28
Total Noncurrent Liabilities	130	118	109	98	80	72	70
Other Noncurrent Operating Liabilities	130	118	109	98	80	72	70
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	701	704	709	740	722	735	740
Total Preferred & Common Equity	701	704	709	740	722	735	740
Total Common Equity	701	704	709	740	722	735	740
Common Stock	1,616	1,693	1,733	1,757	1,810	1,849	1,874
Retained Earnings	-894	-975	-1,010	-1,002	-1,065	-1,098	-1,121
Treasury Stock	-	-0.04	-0.16	-0.27	-8.33	-0.81	-2.91
Accumulated Other Comprehensive Income / (Loss)	-21	-14	-14	-15	-14	-14	-11

This table displays calculated financial ratios and metrics derived from Yelp's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	45.60%	30.26%	18.82%	10.80%	7.58%	-13.93%	18.20%	15.67%	12.03%	5.61%
EBITDA Growth	-70.34%	304.11%	544.44%	-63.31%	19.70%	-68.28%	355.90%	13.89%	22.12%	32.06%
EBIT Growth	-285.62%	98.44%	56,690.80%	-78.31%	24.40%	-170.58%	195.99%	98.05%	57.36%	74.11%
NOPAT Growth	-141.74%	90.53%	10,634.74%	-75.95%	-18.59%	-193.10%	236.53%	-14.34%	134.87%	47.02%
Net Income Growth	-190.20%	94.80%	9,041.85%	-63.82%	-26.14%	-147.51%	304.24%	-8.38%	172.85%	33.96%
EPS Growth	-191.67%	95.45%	8,900.00%	-64.77%	-16.13%	-151.92%	285.19%	0.00%	170.00%	39.26%
Operating Cash Flow Growth	-0.98%	121.23%	32.11%	-4.45%	27.84%	-13.71%	20.35%	-9.57%	59.26%	-6.68%
Free Cash Flow Firm Growth	-304.16%	104.12%	3,170.11%	-124.61%	278.72%	-118.98%	230.93%	-127.21%	1,289.15%	-110.83%
Invested Capital Growth	83.68%	-2.51%	-21.41%	36.42%	-19.70%	-3.44%	5.25%	14.06%	-0.50%	38.27%
Revenue Q/Q Growth	8.67%	6.56%	2.61%	2.65%	2.54%	-3.92%	4.05%	3.08%	2.55%	1.41%
EBITDA Q/Q Growth	-59.39%	133.92%	244.83%	-64.95%	4.94%	52.69%	79.10%	-10.86%	-2.54%	10.99%
EBIT Q/Q Growth	-220.40%	98.28%	651.65%	-79.51%	7.28%	-18.11%	18.85%	33.20%	-2.84%	16.77%
NOPAT Q/Q Growth	-208.19%	89.86%	659.32%	-76.81%	-35.30%	-8.89%	6.06%	-9.29%	0.42%	18.72%
Net Income Q/Q Growth	-249.16%	95.13%	562.03%	-66.34%	-40.22%	46.10%	5.59%	-7.73%	7.90%	12.55%
EPS Q/Q Growth	-257.14%	95.65%	528.57%	-67.20%	-23.53%	25.00%	2.04%	-5.66%	8.00%	12.57%
Operating Cash Flow Q/Q Growth	-20.79%	48.21%	-3.14%	2.82%	5.92%	-3.91%	-1.57%	-0.23%	12.78%	-2.79%
Free Cash Flow Firm Q/Q Growth	25.27%	213.67%	103.66%	-146.32%	84.62%	-222.25%	139.59%	-210.98%	91.97%	-113.12%
Invested Capital Q/Q Growth	-1.78%	-1.78%	6.12%	23.29%	1.33%	15.17%	8.99%	11.25%	-1.55%	24.39%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	90.72%	91.57%	91.71%	93.86%	93.85%	93.45%	92.43%	91.14%	100.00%	91.24%
EBITDA Margin	1.58%	4.89%	26.52%	8.78%	9.77%	3.60%	13.89%	13.68%	14.91%	18.65%
Operating Margin	-3.88%	-0.28%	21.11%	2.75%	3.50%	-4.44%	3.05%	4.89%	5.91%	10.70%
EBIT Margin	-3.81%	-0.05%	21.68%	4.24%	4.91%	-4.02%	3.27%	5.60%	7.86%	12.96%
Profit (Net Income) Margin	-5.99%	-0.24%	17.98%	5.87%	4.03%	-2.23%	3.84%	3.05%	7.42%	9.41%
Tax Burden Percent	157.13%	524.85%	82.93%	138.35%	82.14%	55.30%	117.66%	54.43%	94.38%	72.61%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	0.00%	0.00%	17.07%	-38.35%	17.86%	0.00%	-17.66%	45.57%	5.62%	27.39%
Return on Invested Capital (ROIC)	-6.07%	-0.45%	53.75%	12.43%	9.73%	-10.34%	14.00%	10.93%	24.15%	29.88%
ROIC Less NNEP Spread (ROIC-NNEP)	-1.52%	-0.38%	53.16%	10.00%	7.82%	-11.77%	13.52%	9.89%	18.31%	23.77%
Return on Net Nonoperating Assets (RNNOA)	0.94%	0.22%	-37.78%	-7.36%	-5.26%	7.93%	-9.06%	-5.96%	-10.56%	-12.09%
Return on Equity (ROE)	-5.13%	-0.23%	15.97%	5.07%	4.47%	-2.41%	4.94%	4.97%	13.59%	17.79%
Cash Return on Invested Capital (CROIC)	-65.07%	2.10%	77.73%	-18.38%	31.58%	-6.85%	8.89%	-2.20%	24.65%	-2.25%
Operating Return on Assets (OROA)	-3.02%	-0.04%	17.48%	3.33%	4.43%	-3.16%	3.06%	6.46%	10.35%	18.31%
Return on Assets (ROA)	-4.75%	-0.21%	14.50%	4.61%	3.64%	-1.75%	3.60%	3.52%	9.77%	13.30%
Return on Common Equity (ROCE)	-5.13%	-0.23%	15.97%	5.07%	4.47%	-2.41%	4.94%	4.97%	13.59%	17.79%
Return on Equity Simple (ROE_SIMPLE)	-4.74%	-0.21%	13.80%	5.15%	5.41%	-2.27%	5.28%	5.12%	13.23%	17.86%
Net Operating Profit after Tax (NOPAT)	-15	-1.41	149	36	29	-27	37	32	75	110
NOPAT Margin	-2.72%	-0.20%	17.51%	3.80%	2.88%	-3.11%	3.59%	2.66%	5.58%	7.77%
Net Nonoperating Expense Percent (NNEP)	-4.55%	-0.07%	0.59%	2.43%	1.90%	1.43%	0.48%	1.04%	5.84%	6.10%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	4.47%	9.95%	14.74%
Cost of Revenue to Revenue	9.28%	8.43%	8.29%	6.14%	6.15%	6.55%	7.57%	8.86%	0.00%	8.76%
SG&A Expenses to Revenue	14.71%	14.03%	12.89%	12.79%	13.42%	14.94%	13.16%	13.75%	15.89%	13.10%
R&D to Revenue	19.61%	19.35%	20.66%	22.52%	22.72%	26.64%	26.79%	25.60%	24.87%	23.09%
Operating Expenses to Revenue	94.60%	91.85%	70.60%	91.11%	90.34%	97.89%	89.38%	86.25%	94.09%	80.54%
Earnings before Interest and Taxes (EBIT)	-21	-0.33	184	40	50	-35	34	67	105	183
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	8.67	35	226	83	99	31	143	163	199	263
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.13	3.71	3.14	2.70	3.24	2.83	3.52	2.68	4.32	3.42
Price to Tangible Book Value (P/TBV)	4.51	4.95	3.54	3.04	3.82	3.30	4.16	3.18	5.08	4.60
Price to Revenue (P/Rev)	3.95	4.18	4.09	3.08	2.41	2.77	2.56	1.60	2.42	1.80
Price to Earnings (P/E)	0.00	0.00	22.73	52.52	59.81	0.00	66.70	52.43	32.69	19.17
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	4.40%	1.90%	1.67%	0.00%	1.50%	1.91%	3.06%	5.22%
Enterprise Value to Invested Capital (EV/IC)	5.70	8.09	10.79	6.57	7.41	7.06	7.98	4.86	9.09	5.23
Enterprise Value to Revenue (EV/Rev)	3.30	3.51	3.09	2.32	1.95	2.09	2.10	1.26	2.09	1.58
Enterprise Value to EBITDA (EV/EBITDA)	209.43	71.73	11.66	26.40	19.97	57.93	15.11	9.22	14.04	8.47
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	14.27	54.65	39.77	0.00	64.25	22.54	26.65	12.18
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	17.67	61.02	67.85	0.00	58.43	47.39	37.54	20.33
Enterprise Value to Operating Cash Flow (EV/OCF)	31.64	19.80	15.70	13.65	9.67	10.31	10.19	7.83	9.14	7.80
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	381.36	12.22	0.00	20.90	0.00	92.04	0.00	36.77	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.02	0.00	0.00	0.03	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.02	0.00	0.00	0.03	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.62	-0.58	-0.71	-0.74	-0.67	-0.67	-0.67	-0.60	-0.58	-0.51
Leverage Ratio	1.08	1.09	1.10	1.10	1.23	1.38	1.37	1.41	1.39	1.34
Compound Leverage Factor	1.08	1.09	1.10	1.10	1.23	1.38	1.37	1.41	1.39	1.34
Debt to Total Capital	1.70%	0.00%	0.00%	3.16%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	1.70%	0.00%	0.00%	3.16%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	98.30%	100.00%	100.00%	96.84%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	1.39	0.00	0.00	0.42	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	-41.40	0.00	0.00	-8.70	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	1.39	0.00	0.00	0.42	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	-0.81	0.00	0.00	0.98	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	24.04	0.00	0.00	-20.12	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	-0.81	0.00	0.00	0.98	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	22.24	24.38	19.94	19.10	5.55	5.43	5.93	4.35	8.11	7.25
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	8.91	9.29	10.60	13.25	3.98	4.98	3.93	3.26	3.55	3.34
Quick Ratio	8.51	9.08	10.41	12.99	3.87	4.78	3.58	2.91	3.34	3.05
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-160	6.59	215	-53	95	-18	24	-6.40	76	-8.25
Operating Cash Flow to CapEx	133.83%	341.27%	554.30%	356.19%	545.77%	552.16%	751.91%	601.36%	1,140.84%	765.30%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.79	0.87	0.81	0.79	0.90	0.78	0.94	1.16	1.32	1.41
Accounts Receivable Turnover	12.44	11.79	11.74	11.53	10.45	8.94	10.54	9.98	9.62	9.37
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	7.68	8.28	8.68	8.63	8.99	8.21	11.12	14.82	18.33	19.56
Accounts Payable Turnover	21.32	5.08	4.80	1.65	0.94	0.71	0.75	0.82	0.00	0.94
Days Sales Outstanding (DSO)	29.33	30.96	31.08	31.65	34.93	40.82	34.62	36.59	37.95	38.96
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	17.12	71.78	76.06	221.05	390.08	510.91	484.61	444.70	0.00	389.73
Cash Conversion Cycle (CCC)	12.21	-40.82	-44.98	-189.40	-355.14	-470.10	-449.99	-408.11	37.95	-350.77
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	318	310	244	333	267	258	272	310	308	426
Invested Capital Turnover	2.24	2.28	3.07	3.27	3.38	3.32	3.90	4.11	4.33	3.85
Increase / (Decrease) in Invested Capital	145	-8.00	-66	89	-66	-9.18	14	38	-1.56	118
Enterprise Value (EV)	1,815	2,512	2,632	2,186	1,979	1,822	2,166	1,505	2,800	2,229
Market Capitalization	2,174	2,992	3,478	2,907	2,445	2,417	2,646	1,906	3,242	2,547
Book Value per Share	$9.19	$10.29	$13.38	$12.95	$10.75	$11.55	$10.29	$10.19	$10.95	$11.30
Tangible Book Value per Share	$6.39	$7.70	$11.87	$11.51	$9.12	$9.89	$8.70	$8.59	$9.32	$8.42
Total Capital	706	807	1,109	1,111	755	855	751	710	750	744
Total Debt	12	0.00	0.00	35	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	12	0.00	0.00	35	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-359	-480	-846	-721	-466	-596	-480	-401	-441	-318
Capital Expenditures (CapEx)	43	37	30	45	38	32	28	32	27	37
Debt-free, Cash-free Net Working Capital (DFCFNWC)	23	21	5.71	40	-13	-26	0.88	13	6.96	44
Debt-free Net Working Capital (DFNWC)	394	501	827	795	399	570	481	413	448	362
Net Working Capital (NWC)	394	501	827	795	399	570	481	413	448	362
Net Nonoperating Expense (NNE)	18	0.30	-4.03	-20	-12	-7.73	-2.59	-4.59	-25	-23
Net Nonoperating Obligations (NNO)	-375	-497	-865	-743	-488	-597	-480	-401	-441	-318
Total Depreciation and Amortization (D&A)	30	35	41	43	49	67	110	96	94	80
Debt-free, Cash-free Net Working Capital to Revenue	4.13%	2.97%	0.67%	4.19%	-1.29%	-3.00%	0.09%	1.05%	0.52%	3.12%
Debt-free Net Working Capital to Revenue	71.58%	69.94%	97.19%	84.36%	39.36%	65.26%	46.58%	34.62%	33.53%	25.63%
Net Working Capital to Revenue	71.58%	69.94%	97.19%	84.36%	39.36%	65.26%	46.58%	34.62%	33.53%	25.63%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.44)	($0.06)	$1.87	$0.66	$0.55	($0.27)	$0.53	$0.51	$1.43	$1.97
Adjusted Weighted Average Basic Shares Outstanding	74.68M	77.19M	81.60M	83.57M	74.63M	73.01M	74.22M	70.87M	69.22M	67.42M
Adjusted Diluted Earnings per Share	($0.44)	($0.06)	$1.75	$0.62	$0.52	($0.27)	$0.50	$0.50	$1.35	$1.88
Adjusted Weighted Average Diluted Shares Outstanding	74.68M	77.19M	87.17M	88.71M	77.97M	73.01M	78.62M	73.40M	73.60M	70.61M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	76.06M	79.60M	83.47M	82.03M	71.84M	74.93M	71.10M	69.54M	68.28M	65.03M
Normalized Net Operating Profit after Tax (NOPAT)	-15	1.00	149	18	29	-24	22	32	75	110
Normalized NOPAT Margin	-2.72%	0.14%	17.54%	1.92%	2.88%	-2.80%	2.14%	2.66%	5.58%	7.77%
Pre Tax Income Margin	-3.81%	-0.05%	21.68%	4.24%	4.91%	-4.02%	3.27%	5.60%	7.86%	12.96%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-1.47%	0.00%	8.21%	338.54%	1,176.61%	-125.60%	662.77%	550.27%	201.67%	189.07%

This table displays calculated financial ratios and metrics derived from Yelp's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	14.76%	13.06%	12.95%	12.79%	11.73%	10.76%	6.50%	5.90%	4.41%	5.72%
EBITDA Growth	5.96%	-24.66%	92.19%	-1.60%	76.31%	-8.56%	68.57%	42.00%	2.03%	46.93%
EBIT Growth	-26.67%	82.31%	61.02%	42.20%	198.03%	-8.33%	1,477.53%	103.20%	12.19%	77.77%
NOPAT Growth	-57.36%	-18.81%	-47.82%	51.49%	568.98%	11.21%	281.79%	169.51%	-34.43%	85.10%
Net Income Growth	-49.58%	-13.13%	-28.74%	83.91%	539.17%	36.04%	1,301.53%	158.24%	-33.97%	54.05%
EPS Growth	-43.48%	-10.00%	-100.00%	90.91%	507.69%	37.04%	1,100.00%	157.14%	-29.11%	56.76%
Operating Cash Flow Growth	18.72%	-1.00%	23.94%	161.92%	50.65%	78.02%	-1.87%	-17.33%	-2.44%	-10.35%
Free Cash Flow Firm Growth	-194.90%	-323.06%	-52.12%	91.42%	174.55%	209.69%	92.05%	-131.66%	-76.72%	-467.80%
Invested Capital Growth	11.74%	14.06%	12.19%	5.08%	12.43%	-0.50%	3.88%	12.55%	9.43%	38.27%
Revenue Q/Q Growth	3.35%	0.07%	1.08%	7.90%	2.37%	-0.80%	-2.81%	7.29%	0.93%	0.45%
EBITDA Q/Q Growth	-18.35%	49.30%	-62.03%	112.57%	46.31%	-22.57%	-30.00%	79.06%	5.12%	11.51%
EBIT Q/Q Growth	-7.00%	128.74%	-103.73%	1,892.00%	94.91%	-29.64%	-43.95%	164.34%	7.62%	11.48%
NOPAT Q/Q Growth	2.59%	140.47%	-125.27%	342.98%	353.05%	-60.03%	-58.69%	260.23%	10.22%	12.84%
Net Income Q/Q Growth	13.72%	121.18%	-105.85%	1,350.34%	295.25%	-52.92%	-48.35%	168.73%	1.06%	9.83%
EPS Q/Q Growth	18.18%	107.69%	-107.41%	1,150.00%	276.19%	-53.16%	-45.95%	170.00%	3.70%	3.57%
Operating Cash Flow Q/Q Growth	279.75%	-36.11%	66.94%	-35.34%	118.42%	-24.50%	-7.98%	-45.52%	157.75%	-30.62%
Free Cash Flow Firm Q/Q Growth	51.65%	8.00%	-81.23%	89.35%	520.03%	35.35%	-113.13%	-210.27%	142.21%	-2,238.42%
Invested Capital Q/Q Growth	-6.07%	11.25%	-6.38%	7.42%	0.50%	-1.55%	-2.26%	16.39%	-2.29%	24.39%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	91.32%	90.79%	91.66%	91.05%	91.78%	124.71%	91.78%	91.41%	91.01%	90.81%
EBITDA Margin	13.17%	19.65%	7.38%	14.54%	20.79%	16.22%	11.69%	19.50%	20.31%	22.55%
Operating Margin	4.35%	10.80%	-2.11%	5.56%	12.13%	7.31%	3.37%	11.13%	12.95%	14.76%
EBIT Margin	5.22%	11.93%	-0.44%	7.31%	13.92%	9.87%	5.69%	14.02%	14.95%	16.60%
Profit (Net Income) Margin	2.95%	6.52%	-0.38%	4.37%	16.87%	8.00%	4.25%	10.65%	10.67%	11.66%
Tax Burden Percent	56.52%	54.65%	85.67%	59.78%	121.22%	81.11%	74.73%	75.97%	71.34%	70.29%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	43.48%	45.35%	0.00%	40.22%	-21.22%	18.89%	25.27%	24.03%	28.66%	29.71%
Return on Invested Capital (ROIC)	10.78%	24.24%	-6.62%	13.86%	64.85%	25.65%	11.57%	35.19%	39.24%	39.91%
ROIC Less NNEP Spread (ROIC-NNEP)	10.46%	23.81%	-7.40%	13.00%	63.09%	23.96%	10.19%	33.19%	37.99%	38.68%
Return on Net Nonoperating Assets (RNNOA)	-6.74%	-14.34%	4.56%	-7.46%	-37.20%	-13.82%	-5.96%	-17.97%	-21.15%	-19.67%
Return on Equity (ROE)	4.04%	9.90%	-2.06%	6.40%	27.65%	11.83%	5.60%	17.22%	18.09%	20.24%
Cash Return on Invested Capital (CROIC)	2.19%	-2.20%	-0.75%	5.94%	13.42%	24.65%	26.11%	20.72%	19.18%	-2.25%
Operating Return on Assets (OROA)	5.73%	13.78%	-0.52%	9.01%	17.64%	13.00%	7.67%	19.33%	20.74%	23.45%
Return on Assets (ROA)	3.24%	7.53%	-0.45%	5.39%	21.38%	10.54%	5.73%	14.69%	14.80%	16.49%
Return on Common Equity (ROCE)	4.04%	9.90%	-2.06%	6.40%	27.65%	11.83%	5.60%	17.22%	18.09%	20.24%
Return on Equity Simple (ROE_SIMPLE)	5.62%	0.00%	5.12%	6.04%	12.43%	0.00%	15.86%	18.74%	15.96%	0.00%
Net Operating Profit after Tax (NOPAT)	7.59	18	-4.61	11	51	20	8.38	30	33	38
NOPAT Margin	2.46%	5.90%	-1.48%	3.32%	14.71%	5.93%	2.52%	8.46%	9.24%	10.38%
Net Nonoperating Expense Percent (NNEP)	0.32%	0.43%	0.78%	0.86%	1.76%	1.69%	1.38%	2.01%	1.25%	1.23%
Return On Investment Capital (ROIC_SIMPLE)	-	2.57%	-	-	-	2.71%	-	-	-	5.05%
Cost of Revenue to Revenue	8.68%	9.21%	8.34%	8.95%	8.22%	-24.71%	8.22%	8.59%	8.99%	9.19%
SG&A Expenses to Revenue	15.66%	12.28%	14.89%	15.84%	13.24%	19.52%	13.59%	12.50%	13.77%	12.57%
R&D to Revenue	24.54%	23.37%	28.23%	25.22%	23.48%	22.88%	27.42%	22.99%	21.58%	20.70%
Operating Expenses to Revenue	86.98%	79.99%	93.77%	85.49%	79.65%	117.41%	88.41%	80.27%	78.07%	76.05%
Earnings before Interest and Taxes (EBIT)	16	37	-1.38	25	48	34	19	50	54	60
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	41	61	23	49	72	56	39	70	73	82
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.40	2.68	3.03	3.54	3.86	4.32	3.74	3.39	3.17	3.42
Price to Tangible Book Value (P/TBV)	4.01	3.18	3.60	4.20	4.54	5.08	4.41	3.98	3.73	4.60
Price to Revenue (P/Rev)	2.06	1.60	1.74	1.98	2.19	2.42	1.99	1.81	1.69	1.80
Price to Earnings (P/E)	60.49	52.43	59.17	58.56	31.09	32.69	23.56	18.09	19.89	19.17
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	1.65%	1.91%	1.69%	1.71%	3.22%	3.06%	4.24%	5.53%	5.03%	5.22%
Enterprise Value to Invested Capital (EV/IC)	7.04	4.86	5.94	6.77	7.77	9.09	7.56	6.01	5.69	5.23
Enterprise Value to Revenue (EV/Rev)	1.69	1.26	1.40	1.66	1.86	2.09	1.68	1.53	1.40	1.58
Enterprise Value to EBITDA (EV/EBITDA)	10.71	9.22	9.87	12.15	11.88	14.04	10.58	8.94	8.22	8.47
Enterprise Value to EBIT (EV/EBIT)	39.12	22.54	24.96	27.67	22.48	26.65	18.16	13.97	12.45	12.18
Enterprise Value to NOPAT (EV/NOPAT)	56.01	47.39	58.47	63.72	32.73	37.54	25.75	19.57	21.11	20.33
Enterprise Value to Operating Cash Flow (EV/OCF)	10.17	7.83	8.33	8.93	8.95	9.14	7.47	7.11	6.63	7.80
Enterprise Value to Free Cash Flow (EV/FCFF)	339.82	0.00	0.00	116.82	61.28	36.77	29.50	30.73	31.02	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.64	-0.60	-0.62	-0.57	-0.59	-0.58	-0.59	-0.54	-0.56	-0.51
Leverage Ratio	1.42	1.41	1.45	1.44	1.43	1.39	1.41	1.38	1.36	1.34
Compound Leverage Factor	1.42	1.41	1.45	1.44	1.43	1.39	1.41	1.38	1.36	1.34
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	4.80	4.25	4.36	5.00	6.53	7.88	6.39	7.05	6.37	6.83
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.13	3.26	2.97	2.73	3.30	3.55	3.17	3.69	3.46	3.34
Quick Ratio	2.75	2.91	2.78	2.55	3.09	3.34	2.97	3.41	3.24	3.05
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-22	-20	-36	-3.84	16	22	-2.87	-8.90	3.76	-80
Operating Cash Flow to CapEx	1,241.60%	374.51%	987.55%	628.78%	1,840.60%	1,320.16%	1,042.72%	413.99%	1,047.81%	644.62%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.10	1.16	1.19	1.23	1.27	1.32	1.35	1.38	1.39	1.41
Accounts Receivable Turnover	9.94	9.98	9.75	9.17	9.09	9.62	9.42	9.02	8.85	9.37
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	13.53	14.82	15.36	16.07	17.26	18.33	18.71	18.84	19.03	19.56
Accounts Payable Turnover	0.79	0.82	0.72	0.73	0.77	0.00	0.78	0.80	0.86	0.94
Days Sales Outstanding (DSO)	36.74	36.59	37.44	39.79	40.15	37.95	38.73	40.48	41.25	38.96
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	463.54	444.70	503.93	498.35	475.54	0.00	470.45	455.60	423.65	389.73
Cash Conversion Cycle (CCC)	-426.80	-408.11	-466.50	-458.57	-435.38	37.95	-431.72	-415.12	-382.40	-350.77
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	278	310	290	311	313	308	301	351	343	426
Invested Capital Turnover	4.39	4.11	4.48	4.17	4.41	4.33	4.59	4.16	4.25	3.85
Increase / (Decrease) in Invested Capital	29	38	31	15	35	-1.56	11	39	30	118
Enterprise Value (EV)	1,961	1,505	1,721	2,109	2,431	2,800	2,277	2,108	1,950	2,229
Market Capitalization	2,383	1,906	2,135	2,506	2,858	3,242	2,698	2,493	2,347	2,547
Book Value per Share	$9.98	$10.19	$10.13	$10.29	$10.76	$10.95	$10.53	$10.90	$11.05	$11.30
Tangible Book Value per Share	$8.45	$8.59	$8.52	$8.67	$9.16	$9.32	$8.92	$9.28	$9.39	$8.42
Total Capital	701	710	704	709	740	750	722	735	740	744
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-422	-401	-414	-397	-427	-441	-421	-385	-397	-318
Capital Expenditures (CapEx)	5.61	12	7.52	7.64	5.70	6.00	6.99	9.59	9.76	11
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1.88	13	-22	-25	9.68	6.96	-5.19	41	23	44
Debt-free Net Working Capital (DFNWC)	424	413	392	372	436	448	416	426	420	362
Net Working Capital (NWC)	424	413	392	372	436	448	416	426	420	362
Net Nonoperating Expense (NNE)	-1.52	-1.90	-3.43	-3.53	-7.46	-7.12	-5.77	-7.84	-5.16	-4.67
Net Nonoperating Obligations (NNO)	-423	-401	-414	-397	-427	-441	-421	-385	-397	-318
Total Depreciation and Amortization (D&A)	25	24	24	24	24	22	20	20	19	22
Debt-free, Cash-free Net Working Capital to Revenue	0.16%	1.05%	-1.78%	-1.99%	0.74%	0.52%	-0.38%	2.96%	1.64%	3.12%
Debt-free Net Working Capital to Revenue	36.60%	34.62%	31.91%	29.35%	33.46%	33.53%	30.62%	30.90%	30.15%	25.63%
Net Working Capital to Revenue	36.60%	34.62%	31.91%	29.35%	33.46%	33.53%	30.62%	30.90%	30.15%	25.63%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.13	$0.28	($0.02)	$0.21	$0.84	$0.40	$0.21	$0.56	$0.57	$0.63
Adjusted Weighted Average Basic Shares Outstanding	70.63M	70.87M	69.82M	69.26M	69.03M	69.22M	68.56M	67.82M	67.22M	67.42M
Adjusted Diluted Earnings per Share	$0.13	$0.27	($0.02)	$0.21	$0.79	$0.37	$0.20	$0.54	$0.56	$0.58
Adjusted Weighted Average Diluted Shares Outstanding	72.66M	73.40M	69.82M	71.24M	73.57M	73.60M	72.25M	70.44M	69.16M	70.61M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	69.70M	69.54M	68.84M	68.71M	68.47M	68.28M	67.46M	66.91M	65.82M	65.03M
Normalized Net Operating Profit after Tax (NOPAT)	7.59	18	-4.61	11	29	20	8.38	30	33	38
Normalized NOPAT Margin	2.46%	5.90%	-1.48%	3.32%	8.49%	5.93%	2.52%	8.46%	9.24%	10.38%
Pre Tax Income Margin	5.22%	11.93%	-0.44%	7.31%	13.92%	9.87%	5.69%	14.02%	14.95%	16.60%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	596.83%	550.27%	554.26%	467.25%	217.60%	201.67%	185.58%	161.57%	201.97%	189.07%

Frequently Asked Questions About Yelp's Financials

When does Yelp's fiscal year end?

According to the most recent income statement we have on file, Yelp's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Yelp's net income changed over the last 9 years?

Yelp's net income appears to be on an upward trend, with a most recent value of $132.85 million in 2024, falling from -$32.90 million in 2015. The previous period was $99.17 million in 2023.

What is Yelp's operating income?

Yelp's total operating income in 2024 was $151.05 million, based on the following breakdown:

Total Gross Profit: $1.29 billion
Total Operating Expenses: $1.14 billion

How has Yelp revenue changed over the last 9 years?

Over the last 9 years, Yelp's total revenue changed from $549.71 million in 2015 to $1.41 billion in 2024, a change of 156.9%.

How much debt does Yelp have?

Yelp's total liabilities were at $239.60 million at the end of 2024, a 9.7% decrease from 2023, and a 287.7% increase since 2015.

How much cash does Yelp have?

In the past 9 years, Yelp's cash and equivalents has ranged from $170.28 million in 2019 to $595.88 million in 2020, and is currently $217.33 million as of their latest financial filing in 2024.

How has Yelp's book value per share changed over the last 9 years?

Over the last 9 years, Yelp's book value per share changed from 9.19 in 2015 to 11.30 in 2024, a change of 23.0%.

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This page (NYSE:YELP) was last updated on 4/15/2025 by MarketBeat.com Staff

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Yelp (YELP) Financials

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