Latest Ratios: P/E Ratio -12.9x · EV/EBITDA 34.0x · ROE N/A. (2009–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.0B | $710M | $476M | $401M | $259M | $776M | $1.1B | $1.4B | $1.8B | $2.9B | $1.9B |
| Enterprise Value | $1.1B | $763M | $500M | $538M | $324M | $692M | $794M | $977M | $1.2B | $2.3B | $1.3B |
| P/E Ratio → | -12.91 | — | — | — | — | 6.29 | — | — | — | 255.00 | — |
| P/S Ratio | 2.05 | 1.42 | 0.97 | 0.78 | 0.43 | 0.80 | 0.77 | 0.61 | 0.69 | 1.02 | 0.61 |
| P/B Ratio | — | — | 11.59 | — | 29.22 | 3.69 | 10.09 | 3.43 | 4.74 | 11.51 | 7.22 |
| P/FCF | 20.45 | 14.23 | 11.91 | — | — | — | — | 6249.34 | 17.62 | 38.72 | 41.76 |
| P/OCF | 15.81 | 11.00 | 8.51 | — | — | — | — | 19.02 | 9.50 | 21.46 | 16.34 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.53 | 1.02 | 1.05 | 0.54 | 0.72 | 0.56 | 0.44 | 0.46 | 0.79 | 0.41 |
| EV / EBITDA | 34.01 | 24.18 | 12.60 | 16.33 | — | 10.15 | — | 6.71 | 7.08 | 13.47 | 48.88 |
| EV / EBIT | 82.85 | 58.91 | — | — | — | 6.57 | — | 97.10 | 52.45 | 39.65 | — |
| EV / FCF | — | 15.30 | 12.51 | — | — | — | — | 4502.22 | 11.69 | 30.10 | 27.90 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 89.0% | 89.0% | 90.2% | 87.5% | 87.3% | 76.2% | 47.8% | 53.5% | 50.1% | 46.9% | 43.2% |
| Operating Margin | 2.6% | 2.6% | 1.8% | -3.5% | -28.0% | -0.5% | -19.6% | 1.8% | 2.0% | 1.0% | -3.5% |
| Net Profit Margin | -16.8% | -16.8% | -12.0% | -10.8% | -39.7% | 12.3% | -20.3% | -1.0% | -0.4% | 0.5% | -6.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | -15974.8% | — | -216.8% | 74.6% | -114.5% | -5.8% | -3.5% | 5.4% | -52.9% |
| ROA | -13.0% | -13.0% | -10.0% | -8.1% | -24.4% | 9.2% | -19.2% | -1.4% | -0.7% | 0.8% | -10.9% |
| ROIC | 25.5% | 25.5% | 8.1% | -16.0% | -125.8% | -2.8% | — | 187.5% | — | — | — |
| ROCE | 4.4% | 4.4% | 3.5% | -7.9% | -42.6% | -0.9% | -44.8% | 5.5% | 8.8% | 5.4% | -19.2% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | 6.16 | — | 39.15 | 1.97 | 5.18 | 0.94 | 0.60 | 0.93 | 0.86 |
| Debt / EBITDA | 11.08 | 11.08 | 6.37 | 8.46 | — | 6.08 | — | 2.55 | 1.36 | 1.40 | 8.71 |
| Net Debt / Equity | — | — | 0.59 | — | 7.39 | -0.40 | -2.72 | -0.96 | -1.59 | -2.56 | -2.40 |
| Net Debt / EBITDA | 1.70 | 1.70 | 0.61 | 4.16 | — | -1.24 | — | -2.60 | -3.59 | -3.86 | -24.30 |
| Debt / FCF | — | 1.07 | 0.60 | — | — | — | — | -1747.12 | -5.92 | -8.63 | -13.87 |
| Interest Coverage | 0.91 | 0.91 | -2.56 | -1.76 | -12.35 | 6.12 | -7.86 | 0.43 | 1.05 | 2.75 | -9.78 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.98 | 0.98 | 1.03 | 0.69 | 0.69 | 0.93 | 0.99 | 1.08 | 1.04 | 0.95 | 0.90 |
| Quick Ratio | 0.98 | 0.98 | 1.03 | 0.69 | 0.69 | 0.93 | 0.99 | 1.05 | 1.01 | 0.92 | 0.87 |
| Cash Ratio | 0.77 | 0.77 | 0.75 | 0.38 | 0.53 | 0.79 | 0.91 | 0.91 | 0.88 | 0.78 | 0.71 |
| Asset Turnover | — | 0.74 | 0.80 | 0.90 | 0.76 | 0.84 | 1.00 | 1.40 | 1.61 | 1.70 | 1.78 |
| Inventory Turnover | — | — | — | — | — | — | 577.79 | 40.62 | 39.01 | 59.15 | 57.55 |
| Days Sales Outstanding | — | 18.89 | 27.30 | 39.50 | 31.48 | 16.78 | 12.48 | 9.83 | 10.55 | 13.94 | 10.30 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | 15.9% | — | — | — | 0.4% | — |
| FCF Yield | 4.9% | 7.0% | 8.4% | — | — | — | — | 0.0% | 5.7% | 2.6% | 2.4% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 2.3% | 2.6% | 0.0% | 3.4% | 0.5% | 2.1% | 8.6% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 2.3% | 2.6% | 0.0% | 3.4% | 0.5% | 2.1% | 8.6% |
| Shares Outstanding | — | $40M | $39M | $31M | $30M | $34M | $29M | $28M | $28M | $28M | $29M |
Negative equity and leverage
According to current market data, Groupon trades at a P/S of 1.72 and an EV/EBITDA of 28.90, suggesting that investors are pricing the company as a distressed asset rather than a growth-oriented technology entity, given the lack of a meaningful forward P/E or positive earnings trajectory.
The elevated EV/EBITDA multiple relative to the company's stagnant growth profile implies that the market is heavily discounting the potential for a successful turnaround. Investors should monitor whether the current valuation reflects a terminal decline or if the latent value of the merchant network warrants a higher multiple upon successful platform modernization.
Based on reported financial statements, Groupon's ROIC has exhibited extreme volatility, swinging from a peak of 27.5% in 2025Q4 to -13.3% in 2026Q1, which indicates that the company is struggling to consistently compound capital in its core marketplace operations amidst ongoing restructuring efforts.
The wide variance in returns on invested capital suggests that the business model is highly sensitive to operational execution and seasonal shifts in consumer demand. This inconsistency makes it difficult to assess the company's long-term ability to generate value above its cost of capital, warranting further investigation into the sustainability of its current merchant acquisition strategy.
As reported in recent filings, Groupon's asset turnover remains low at approximately 0.20, while the DPO has fluctuated significantly, reaching 1019 days in 2026Q1, which highlights the company's heavy reliance on managing merchant payment cycles to maintain its liquidity position during periods of stagnant revenue growth.
The extreme length of the DPO suggests that the company may be leveraging its merchant relationships to manage cash flow, a practice that could potentially strain supply quality if merchants perceive the payment terms as overly burdensome. Analysts should monitor whether these efficiency metrics are a result of strategic working capital management or a symptom of underlying operational friction.
According to recent balance sheet data, Groupon's leverage profile is increasingly strained, with the debt-to-EBITDA ratio reaching 360.31 in 2026Q1, indicating that the company's ability to service its debt is highly precarious and dependent on achieving significant improvements in operating profitability.
The lack of positive equity combined with high debt-to-EBITDA levels suggests that the company has limited room for error in its turnaround strategy. Investors should monitor the interest coverage ratio, which has turned negative, as it signals that the company may face significant refinancing risks if operational performance does not stabilize.
As noted in institutional research, the most commonly misapplied metric for Groupon is its 90% gross margin, which, based on reported figures, obscures the company's true earning power by reflecting only the net commission rather than the total transaction value processed through the platform.
Relying on gross margin as a proxy for profitability is misleading because it ignores the high fixed costs and marketing spend required to sustain the marketplace. Analysts should instead focus on contribution profit and operating margins to better understand the company's ability to convert its transactional volume into sustainable bottom-line earnings.
Includes 30+ ratios · 17 years · Updated daily
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Quick answers to the most common questions about buying GRPN stock.
Groupon, Inc.'s current P/E ratio is -12.9x. The historical average is 54.3x.
Groupon, Inc.'s current EV/EBITDA is 34.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 20.8x.
Based on historical data, Groupon, Inc. is trading at a P/E of -12.9x. Compare with industry peers and growth rates for a complete picture.
Groupon, Inc. has 89.0% gross margin and 2.6% operating margin.
Groupon, Inc.'s Debt/EBITDA ratio is 11.1x, indicating high leverage. A ratio above 4x may signal elevated financial risk.