Does SEMrush Stock Lead the Pack?

SEMR: SEMrush logo
SEMR
SEMrush

SEMrush (SEMR) stock has significantly underperformed over the past year, falling 17%, contrasting with a modest decline of 5% for peer Autodesk (ADSK). A closer look reveals strong revenue growth of 0.22, outpacing ADSK’s 0.13, yet SEMR grapples with a negative operating margin (-0.002) and PE ratio (-1363.66), indicating unprofitability unlike ADSK’s robust 0.229 margin and 59.46 PE. Despite a decent free cash flow margin (0.073), SEMR’s challenge lies in translating growth into consistent earnings, limiting its valuation upside.

  • SEMR’s ~0% operating margin, lowest among peers (ADSK 22.9%), signals profitability struggles or a heavy investment phase.
  • SEMR’s 22.2% LTM revenue growth, outpacing ADSK but behind HIT, reflects robust market capture amid competition.
  • SEMR’s -16.7% stock decline and -1363.7 PE show investor concern over profitability despite growth, underperforming ADSK.

Here’s how SEMrush stacks up across size, valuation, and profitability versus key peers.

  SEMR ADSK HIT
Market Cap ($ Bil) 1.7 62.0 0.1
Revenue ($ Bil) 0.4 6.6 0.0
PE Ratio -1,363.7 59.5 56.1
LTM Revenue Growth 22.2% 13.8% 29.7%
LTM Operating Margin -0.2% 22.9% 5.0%
LTM FCF Margin 7.4% 28.0% 4.9%
12M Market Return -16.7% -4.6%  

For more details on SEMrush, read Buy or Sell SEMR Stock. Below we compare SEMR’s growth, margin, and valuation with peers across years

Revenue Growth Comparison

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  LTM 2025 2024 2023 2022
SEMR 22.2% 22.5% 21.0% 35.3%
ADSK 13.8% 11.5% 9.8% 14.1%  
HIT 29.7% 1.8% 231.9%

Operating Margin Comparison

  LTM 2025 2024 2023 2022
SEMR -0.2% 2.2% -2.1% -9.9%
ADSK 22.9% 22.3% 20.5% 19.8%  
HIT 5.0% 5.1% 17.7% 3.6%

PE Ratio Comparison

  LTM 2025 2024 2023 2022
SEMR -1363.7 210.4 2050.3 -33.9
ADSK 59.5 57.1 57.5 49.0  
HIT 56.1 414.0

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