Tearsheet

Yelp (YELP)


Market Price (9/16/2025): $31.25 | Market Cap: $2.0 Bil
Sector: Communication Services | Industry: Interactive Media & Services

Yelp (YELP)


Market Price (9/16/2025): $31.25
Market Cap: $2.0 Bil
Sector: Communication Services
Industry: Interactive Media & Services

Investment Highlights

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.4%, FCF Yield is 14%
Weak multi-year price returns
2Y Excs Rtn is -76%, 3Y Excs Rtn is -74%
 
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -14%
  
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 23%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 20%
  
3 Low stock price volatility
Vol 12M is 32%
  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.4%, FCF Yield is 14%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -14%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 23%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 20%
3 Low stock price volatility
Vol 12M is 32%
4 Weak multi-year price returns
2Y Excs Rtn is -76%, 3Y Excs Rtn is -74%

Market Valuation

 9/16/252024202320222021
Share Price CYE$31.25$38.70$47.34$27.34$36.24
Market Cap CYE ($ Bil)2.02.63.31.92.6
Total Debt ($ Bil)0.00.00.10.10.2
Total Cash ($ Bil)0.30.30.40.40.5
Enterprise Value ($ Bil)1.72.63.42.02.8
Valuation Ratios     
P/S TTM1.41.92.51.62.6
P/EBIT TTM11.017.341.533.285.3
P/E TTM13.419.633.053.367.8
Sector Ratios     
P/S TTM (Sector)1.21.01.11.22.0
P/EBIT TTM (Sector)1.10.8-0.11.13.2
P/E TTM (Sector)-0.6-0.6-0.6-0.31.7
 9/16/2520242023
Share Price CYE$31.25$38.70$47.34
Market Cap CYE ($ Bil)2.02.63.3
Total Debt ($ Bil)0.00.00.1
Total Cash ($ Bil)0.30.30.4
Enterprise Value ($ Bil)1.72.63.4
Valuation Ratios   
P/S TTM1.41.92.5
P/EBIT TTM11.017.341.5
P/E TTM13.419.633.0
Sector Ratios   
P/S TTM (Sector)1.21.01.1
P/EBIT TTM (Sector)1.10.8-0.1
P/E TTM (Sector)-0.6-0.6-0.6

Business Description

Yelp Inc. operates a platform that connects consumers with local businesses in the United States and internationally. The company's platform covers various local business categories, including restaurants, shopping, beauty and fitness, health, and other categories, as well as home, local, auto, professional, pets, events, real estate, and financial services. Show more

Price Returns Compared

Expand for Detailed View

 202020212022202320242025Total [1]
Returns
YELP Return-6%11%-25%73%-18%-19%-11%
Peers Return64%9%-37%80%18%26%201%
S&P 500 Return16%27%-19%24%23%12%104%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: GOOGL, META, BKNG, PINS, TRIP. See YELP Returns vs. Peers.
[3] 2025 data is for the year up to 9/15/2025 (YTD)

Interactive Breakdown

Yelp Interactive Breakdown Analysis

Latest Trefis Analyses

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Yelp

Financials

YELPGOOGLMETABKNGPINSTRIPMedian
NameYelp Alphabet Meta Pla.Booking PinterestTripadvi. 
Mkt Price31.48251.61764.705,559.8336.2618.86143.94
Mkt Cap2.03,050.01,932.4180.724.52.4102.6
Rev LTM1,451371,399170,35925,0253,9061,87014,465
Op Inc LTM183121,37073,1168,2202161434,218
FCF LTM28566,72852,3119,2401,0471715,144
FCF 3Y Avg25266,20339,9607,7317421644,236
CFO LTM329133,70896,1089,5781,0732585,326
CFO 3Y Avg287112,63674,2898,1097622344,435

Growth & Margins

YELPGOOGLMETABKNGPINSTRIPMedian
NameYelp Alphabet Meta Pla.Booking PinterestTripadvi. 
Rev Chg LTM5.4%13.1%19.4%11.7%17.0%3.0%12.4%
Rev Chg 3Y Avg9.1%10.2%13.0%19.9%12.9%16.1%13.0%
Rev Chg Q3.7%13.8%16.1%16.0%16.9%6.4%14.9%
QoQ Delta Rev Chg LTM0.9%3.2%3.6%3.9%3.8%1.7%3.4%
Op Mgn LTM12.6%32.7%42.9%32.8%5.5%7.6%22.6%
Op Mgn 3Y Avg8.6%29.4%34.6%30.8%-1.4%6.9%19.0%
QoQ Delta Op Mgn LTM0.8%0.0%0.7%0.4%0.2%1.1%0.5%
CFO/Rev LTM22.7%36.0%56.4%38.3%27.5%13.8%31.7%
CFO/Rev 3Y Avg21.0%34.1%51.0%36.3%21.9%13.2%28.0%
FCF/Rev LTM19.6%18.0%30.7%36.9%26.8%9.1%23.2%
FCF/Rev 3Y Avg18.4%20.3%26.9%34.6%21.3%9.3%20.8%

Valuation

YELPGOOGLMETABKNGPINSTRIPMedian
NameYelp Alphabet Meta Pla.Booking PinterestTripadvi. 
Mkt Cap2.03,050.01,932.4180.724.52.4102.6
P/S1.48.211.37.26.31.36.8
P/EBIT11.021.825.523.1113.716.322.5
P/E13.526.429.037.512.736.327.7
P/CFO6.122.820.118.922.99.119.5
Total Yield7.4%4.1%3.7%3.3%7.8%2.8%3.9%
Dividend Yield0.0%0.3%0.3%0.7%0.0%0.0%0.1%
FCF Yield 3Y Avg10.6%3.5%3.0%5.7%3.0%8.0%4.6%
D/E0.00.00.00.10.00.50.0
Net D/E-0.1-0.0-0.00.0-0.10.0-0.0

Returns

YELPGOOGLMETABKNGPINSTRIPMedian
NameYelp Alphabet Meta Pla.Booking PinterestTripadvi. 
1M Rtn1.5%23.5%-2.6%2.1%1.3%7.0%1.8%
3M Rtn-11.6%42.5%8.9%3.7%3.0%40.9%6.3%
6M Rtn-10.3%53.5%26.5%22.3%13.1%30.5%24.4%
12M Rtn-8.6%60.5%46.3%42.4%25.6%39.6%41.0%
3Y Rtn-7.4%146.4%425.6%200.6%45.5%-22.7%96.0%
1M Excs Rtn-1.2%21.8%-4.5%-0.7%-2.5%2.3%-1.0%
3M Excs Rtn-21.8%33.5%1.4%-5.6%-3.5%31.1%-1.1%
6M Excs Rtn-27.5%35.0%8.6%7.6%-3.8%19.0%8.1%
12M Excs Rtn-24.4%48.1%30.8%27.2%5.0%22.4%24.8%
3Y Excs Rtn-74.3%68.6%309.3%130.8%-14.0%-88.2%27.3%

Financials

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Advertising1,2771,134985836977
Other6159332225
Transactions  131512
Total1,3371,1941,0328731,014


Price Behavior

Short Interest

Short Interest: As Of Date8292025
Short Interest: Shares Quantity4,933,010
Short Interest: % Change Since 81520252.7%
Average Daily Volume887,652
Days-to-Cover Short Interest5.56
Basic Shares Quantity64,145,000
Short % of Basic Shares7.7%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/7/2025-9.2%-8.9%-7.1%
5/8/20259.1%10.6%3.6%
2/13/2025-7.9%-11.9%-13.5%
11/7/2024-1.2%0.2%8.6%
8/8/2024-0.1%1.8%-0.1%
5/9/2024-7.1%-4.1%-8.1%
2/15/2024-14.4%-19.0%-14.5%
11/2/20234.5%1.8%3.8%
...
SUMMARY STATS   
# Positive121112
# Negative121312
Median Positive4.8%4.3%6.3%
Median Negative-5.8%-8.9%-10.5%
Max Positive18.4%26.2%44.7%
Max Negative-17.9%-19.0%-51.6%

SEC Filings

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Report DateFiling DateFiling
6302025808202510-Q 6/30/2025
3312025509202510-Q 3/31/2025
12312024227202510-K 12/31/2024
93020241108202410-Q 9/30/2024
6302024809202410-Q 6/30/2024
3312024510202410-Q 3/31/2024
12312023227202410-K 12/31/2023
93020231103202310-Q 9/30/2023
6302023807202310-Q 6/30/2023
3312023505202310-Q 3/31/2023
12312022224202310-K 12/31/2022
93020221104202210-Q 9/30/2022
6302022805202210-Q 6/30/2022
3312022506202210-Q 3/31/2022
12312021228202210-K 12/31/2021
93020211105202110-Q 9/30/2021

Insider Activity

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 OwnerTitleFiling DateActionPriceSharesTransacted
Value
Value of
Held Shares
Form
0Schwarzbach David AChief Financial Officer8272025Sell31.4310,000314,2895,663,362Form
1Amara CarmenChief People Officer8252025Sell32.331,50048,4952,766,349Form
2Saldanha CraigChief Product Officer8252025Sell32.331,00032,3306,624,417Form
3Nachman Joseph RChief Operating Officer8062025Sell33.747,000236,1498,213,134Form
4Saldanha CraigChief Product Officer7232025Sell35.231,00035,2307,494,126Form