Latest Ratios: P/E Ratio -459.3x · EV/EBITDA 34.4x · ROE 68.4%. (2018–2025 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 |
|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.6B | $947M | $490M | $296M | $183M | $1.5B | $1.2B | — | — |
| Enterprise Value | $2.0B | $1.3B | $726M | $473M | $412M | $1.6B | $1.0B | — | — |
| P/E Ratio → | -459.26 | — | — | — | — | — | — | — | — |
| P/S Ratio | 3.37 | 1.96 | 1.12 | 0.69 | 0.66 | 7.61 | 16.08 | — | — |
| P/B Ratio | 68.92 | 42.29 | — | — | 2.31 | 6.74 | 10.83 | — | — |
| P/FCF | 31.27 | 18.18 | — | 12.41 | — | — | — | — | — |
| P/OCF | 24.51 | 14.25 | — | 8.72 | — | — | — | — | — |
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 |
|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.67 | 1.66 | 1.10 | 1.49 | 8.13 | 14.03 | — | — |
| EV / EBITDA | 34.41 | 22.49 | — | — | — | — | — | — | — |
| EV / EBIT | 53.80 | 16.43 | 61.42 | — | — | — | — | — | — |
| EV / FCF | — | 24.71 | — | 19.85 | — | — | — | — | — |
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 |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 70.5% | 70.5% | 48.5% | 48.8% | 61.0% | 69.5% | 75.7% | 72.3% | 71.7% |
| Operating Margin | 7.6% | 7.6% | -14.7% | -44.2% | -64.2% | -43.3% | -58.4% | -113.6% | -91.0% |
| Net Profit Margin | 3.2% | 3.2% | -7.5% | -31.1% | -56.7% | -55.4% | -74.7% | -133.2% | -92.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| ROE | 68.4% | 68.4% | — | -613.4% | -105.6% | -65.7% | -228.2% | — | — |
| ROA | 1.9% | 1.9% | -3.8% | -13.7% | -15.0% | -16.3% | -34.1% | -196.7% | -88.2% |
| ROIC | 9.9% | 9.9% | -28.9% | -63.4% | -42.3% | -45.0% | — | -649.0% | -157.8% |
| ROCE | 6.5% | 6.5% | -15.4% | -39.2% | -29.3% | -18.3% | -37.1% | — | — |
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 |
|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 17.55 | 17.55 | — | — | 5.60 | 1.92 | 0.45 | — | — |
| Debt / EBITDA | 6.87 | 6.87 | — | — | — | — | — | — | — |
| Net Debt / Equity | — | 15.17 | — | — | 2.89 | 0.47 | -1.38 | — | — |
| Net Debt / EBITDA | 5.94 | 5.94 | — | — | — | — | — | — | — |
| Debt / FCF | — | 6.52 | — | 7.44 | — | — | — | — | — |
| Interest Coverage | 1.52 | 1.52 | 0.28 | -3.19 | -16.85 | -19.30 | -2.78 | -13.47 | — |
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 |
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.30 | 1.30 | 0.88 | 1.04 | 1.18 | 1.67 | 6.80 | 0.18 | 0.13 |
| Quick Ratio | 1.30 | 1.30 | 0.88 | 1.04 | 1.18 | 1.67 | 6.80 | 0.18 | 0.13 |
| Cash Ratio | 0.97 | 0.97 | 0.46 | 0.64 | 0.49 | 0.89 | 6.18 | 0.07 | 0.06 |
| Asset Turnover | — | 0.60 | 0.54 | 0.48 | 0.26 | 0.19 | 0.27 | 1.60 | 0.96 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 8.55 | 92.87 | 91.50 | 429.22 | 487.82 | 21.55 | 22.16 | 16.52 |
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 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | 2.6% | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — |
| FCF Yield | 3.2% | 5.5% | — | 8.1% | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 1.9% | 1.0% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 1.9% | 1.0% | 0.0% | 2.6% | — | — |
| Shares Outstanding | — | $104M | $100M | $96M | $97M | $94M | $81M | $22M | $19M |
Insurance underwriting volatility
As reported in recent financial filings, Porch Group trades at a price-to-sales multiple of 3.15, a valuation that appears to struggle with the company's inconsistent profitability and the inherent volatility of its dual-segment business model compared to more stable vertical software peers.
The absence of a meaningful P/E ratio suggests that investors are currently prioritizing top-line revenue potential over near-term earnings, likely due to the company's history of net losses. This valuation approach warrants caution, as it may fail to account for the capital-intensive nature of the insurance segment which often requires significant cash reserves.
Based on historical data, Porch Group's ROIC has fluctuated wildly, ranging from a negative 46.3% in 2024Q2 to a positive 12.2% in 2024Q4, indicating that the company has yet to establish a consistent track record of compounding returns on its invested capital.
The extreme volatility in returns suggests that the company's capital allocation strategy is heavily influenced by non-recurring integration costs and insurance underwriting outcomes. Investors should monitor whether management can stabilize these returns as the business shifts toward a more capital-light reciprocal exchange model.
According to quarterly reports, the company's days sales outstanding has shown significant variance, peaking at 108 days in 2024Q4, which suggests that the conversion of software and insurance leads into actual cash remains a primary operational bottleneck for the firm.
The lack of a stable cash conversion cycle highlights the difficulty in managing receivables across disparate business lines. This inefficiency may indicate that the company lacks sufficient leverage over its customer base or that the insurance segment's payment terms are creating persistent drag on liquidity.
As indicated by the company's latest balance sheet, the debt-to-equity ratio reached 17.55 in 2025Q4, reflecting a capital structure that appears increasingly fragile given the company's reliance on debt to navigate the current cyclical downturn in the residential real estate market.
The high leverage ratio, combined with inconsistent interest coverage, suggests that the company may face significant refinancing risks if market conditions do not improve. This level of indebtedness limits management's ability to pivot strategy without potentially diluting existing shareholders or incurring further high-cost debt.
Investors frequently misapply standard SaaS valuation multiples to Porch Group, failing to recognize that the company's insurance segment introduces underwriting risks that are fundamentally incompatible with the predictable, high-margin recurring revenue models typically associated with pure-play software companies.
Using EV/Sales as the primary valuation metric obscures the underlying volatility of the insurance loss reserves, which can retroactively impact earnings. A more appropriate analysis would involve a sum-of-the-parts valuation that separates the software business from the insurance carrier, adjusting for the capital requirements of each.
Includes 30+ ratios · 8 years · Updated daily
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Quick answers to the most common questions about buying PRCH stock.
Porch Group, Inc.'s current P/E ratio is -459.3x. This places it at the 50th percentile of its historical range.
Porch Group, Inc.'s current EV/EBITDA is 34.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 22.5x.
Porch Group, Inc.'s return on equity (ROE) is 68.4%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is -82.8%.
Based on historical data, Porch Group, Inc. is trading at a P/E of -459.3x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Porch Group, Inc. has 70.5% gross margin and 7.6% operating margin.
Porch Group, Inc.'s Debt/EBITDA ratio is 6.9x, indicating high leverage. A ratio above 4x may signal elevated financial risk.