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Yelp Valuation Multiples
Discover revenue and EBITDA valuation multiples for Yelp and similar public comparables like Upwork, SMZDM.com, Moltiply Group, Ziff Davis and more.
Yelp Overview
About Yelp
Yelp Inc operates in the online content market based in the United States. It provides a web-based platform and mobile application to bridge the gap between businesses and consumers. The platform assists consumers through product reviews, tips, photos and videos thereby enabling them in making better buying decisions and posting their feedbacks. Its products and services includes Advertising Products and Business Page Products. In addition, it also lets the buyers directly transact with businesses directly through its platform. Yelp generates revenue mainly from the sale of advertising on its website and mobile app to businesses. The company generates majority of the revenue from United States.
Founded
2004
HQ

Employees
5.1K
Website
Financials (LTM)
EV
$1B
Yelp Financials
Yelp reported last 12-month revenue of $1B and EBITDA of $356M.
In the same LTM period, Yelp generated $1B in gross profit, $356M in EBITDA, and $141M in net income.
Revenue (LTM)
Yelp P&L
In the most recent fiscal year, Yelp reported revenue of $1B and EBITDA of $369M.
Yelp expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $1B | XXX | $1B | XXX | XXX | XXX |
| Gross Profit | $1B | XXX | $1B | XXX | XXX | XXX |
| Gross Margin | 90% | XXX | 90% | XXX | XXX | XXX |
| EBITDA | $356M | XXX | $369M | XXX | XXX | XXX |
| EBITDA Margin | 24% | XXX | 25% | XXX | XXX | XXX |
| EBIT Margin | 12% | XXX | 13% | XXX | XXX | XXX |
| Net Profit | $141M | XXX | $146M | XXX | XXX | XXX |
| Net Margin | 10% | XXX | 10% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Yelp Stock Performance
Yelp has current market cap of $2B, and enterprise value of $1B.
Market Cap Evolution
Yelp's stock price is $25.78.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $1B | $2B | 1.3% | XXX | XXX | XXX | $2.45 |
Benchmark Trading Valuation Multiples by Industry
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Start Free TrialYelp Valuation Multiples
Yelp trades at 0.8x EV/Revenue multiple, and 3.5x EV/EBITDA.
EV / Revenue (LTM)
Yelp Financial Valuation Multiples
As of April 14, 2026, Yelp has market cap of $2B and EV of $1B.
Equity research analysts estimate Yelp's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Yelp has a P/E ratio of 10.9x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV/Revenue | 0.8x | XXX | 0.8x | XXX | XXX | XXX |
| EV/EBITDA | 3.5x | XXX | 3.3x | XXX | XXX | XXX |
| EV/EBIT | 7.0x | XXX | 6.7x | XXX | XXX | XXX |
| EV/Gross Profit | 0.9x | XXX | 0.9x | XXX | XXX | XXX |
| P/E | 10.9x | XXX | 10.5x | XXX | XXX | XXX |
| EV/FCF | 4.1x | XXX | 3.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Yelp Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Yelp Margins & Growth Rates
Yelp's revenue in the last 12 month grew by 1%.
Yelp's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.2M for the same period.
Yelp's rule of 40 is 22% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Yelp's rule of X is 23% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Yelp Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 1% | XXX | 0% | XXX | XXX | XXX |
| EBITDA Margin | 24% | XXX | 25% | XXX | XXX | XXX |
| EBITDA Growth | (9%) | XXX | (13%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 22% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 23% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 40% | XXX | 40% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 11% | XXX | 12% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 19% | XXX | 21% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 78% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Yelp Public Comps
See public comps and valuation multiples for other Consumer Marketplaces and Lead Generation comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Yelp | XXX | XXX | XXX | XXX | XXX | XXX |
| Upwork | XXX | XXX | XXX | XXX | XXX | XXX |
| SMZDM.com | XXX | XXX | XXX | XXX | XXX | XXX |
| Moltiply Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Ziff Davis | XXX | XXX | XXX | XXX | XXX | XXX |
| BuySell Technologies | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Yelp M&A Activity
Yelp acquired XXX companies to date.
Last acquisition by Yelp was on XXXXXXXX, XXXXX. Yelp acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Yelp
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialYelp Investment Activity
Yelp invested in XXX companies to date.
Yelp made its latest investment on XXXXXXXX, XXXXX. Yelp invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Yelp
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Yelp
| When was Yelp founded? | Yelp was founded in 2004. |
| Where is Yelp headquartered? | Yelp is headquartered in United States. |
| How many employees does Yelp have? | As of today, Yelp has over 5K employees. |
| Who is the CEO of Yelp? | Yelp's CEO is Jeremy Stoppelman. |
| Is Yelp publicly listed? | Yes, Yelp is a public company listed on NYSE. |
| What is the stock symbol of Yelp? | Yelp trades under YELP ticker. |
| When did Yelp go public? | Yelp went public in 2012. |
| Who are competitors of Yelp? | Yelp main competitors are Upwork, SMZDM.com, Moltiply Group, Ziff Davis. |
| What is the current market cap of Yelp? | Yelp's current market cap is $2B. |
| What is the current revenue of Yelp? | Yelp's last 12 months revenue is $1B. |
| What is the current revenue growth of Yelp? | Yelp revenue growth (NTM/LTM) is 1%. |
| What is the current EV/Revenue multiple of Yelp? | Current revenue multiple of Yelp is 0.8x. |
| Is Yelp profitable? | Yes, Yelp is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Yelp? | Yelp's last 12 months EBITDA is $356M. |
| What is Yelp's EBITDA margin? | Yelp's last 12 months EBITDA margin is 24%. |
| What is the current EV/EBITDA multiple of Yelp? | Current EBITDA multiple of Yelp is 3.5x. |
| What is the current FCF of Yelp? | Yelp's last 12 months FCF is $300M. |
| What is Yelp's FCF margin? | Yelp's last 12 months FCF margin is 20%. |
| What is the current EV/FCF multiple of Yelp? | Current FCF multiple of Yelp is 4.1x. |
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