Advantage Solutions Inc (ADV) Key Metrics
ADV valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $372.6M
- Enterprise value
- $1.87B
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 0.1 10-yr median 0.3
- Price / book
- 1.1 10-yr median 1.0
- EV / EBITDA
- 27.6 10-yr median 10.6
- Dividend yield
- —
- Beta
- 2.19
ADV key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsADV valuation Price multiples at each fiscal year-end price.
ADV returns How much profit the business earns on the capital it uses.
ADV per-share figures Results divided by the shares outstanding at year-end.
ADV financial health Debt, liquidity and how easily interest is covered.
ADV efficiency & capital use Working capital cycle and where the cash goes.
ADV valuation history
ADV returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
ADV debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
ADV cash returned to shareholders
ADV price vs earnings per share
ADV key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $285.6M | $938.8M | $1.17B | $662.9M | $2.57B | $2.94B | — | — | — | — |
| Enterprise value | $58.0M | $2.47B | $2.96B | $2.66B | $4.51B | $4.90B | — | — | — | — |
| P/E ratio | — | — | — | — | 47.2 | — | — | — | — | — |
| Price / sales | 0.1 | 0.3 | 0.3 | 0.2 | 0.7 | 0.9 | — | — | — | — |
| Price / book | 0.5 | 1.3 | 1.1 | 0.6 | 1.0 | 1.2 | — | — | — | — |
| Price / free cash flow | 5.2 | 24.9 | 6.3 | 9.2 | 27.2 | 9.3 | — | — | — | — |
| Price / operating cash flow | 4.6 | 10.1 | 5.1 | 6.3 | 20.4 | 8.5 | — | — | — | — |
| EV / sales | 0.0 | 0.7 | 0.8 | 0.7 | 1.3 | 1.6 | — | — | — | — |
| EV / EBITDA | 0.8 | — | 11.6 | — | 9.6 | 16.8 | — | — | — | — |
| EV / free cash flow | 1.1 | 65.5 | 15.8 | 37.1 | 47.6 | 15.6 | — | — | — | — |
| Earnings yield | −79.7% | −34.8% | −5.4% | −208.3% | 2.1% | −6.0% | — | — | — | — |
| Free cash flow yield | 19.3% | 4.0% | 16.0% | 10.8% | 3.7% | 10.7% | — | — | — | — |
| Dividend yield | — | — | — | — | 2.5% | — | — | — | — | — |
| Shareholder yield (dividends + buybacks) | 0.3% | 3.6% | 0.5% | 0.0% | 3.0% | 0.0% | — | — | — | — |
| Share price at fiscal year-end | $22.00 | $73.00 | $90.50 | $52.00 | $200.50 | $329.25 | — | — | — | — |
| Per share | ||||||||||
| Revenue per share | $272.88 | $277.31 | $301.24 | $286.05 | $280.55 | $353.41 | $464.42 | $454.92 | $296.56 | $257.70 |
| Earnings per share | −$17.54 | −$25.42 | −$4.89 | −$108.30 | $4.24 | −$19.69 | −$2.60 | −$142.00 | $47.41 | $3.94 |
| Operating cash flow per share | $4.74 | $7.24 | $17.65 | $8.21 | $9.81 | $38.72 | $18.57 | $15.50 | $8.61 | $20.17 |
| Free cash flow per share | $4.24 | $2.94 | $14.44 | $5.62 | $7.38 | $35.25 | $12.14 | $9.72 | $4.33 | $15.91 |
| Cash per share | $18.55 | $15.96 | $9.33 | $9.47 | $12.82 | $22.88 | $22.60 | $17.37 | — | $4.94 |
| Book value per share | $42.67 | $58.22 | $85.38 | $88.17 | $193.40 | $271.23 | $193.59 | $195.39 | — | $208.85 |
| Tangible book value per share | −$67.70 | −$82.49 | −$89.34 | −$130.34 | −$156.56 | −$245.75 | −$385.21 | −$403.96 | — | −$440.87 |
| Dividends per share | — | — | — | — | $5.03 | — | — | — | — | — |
| Capex per share | $0.50 | $4.30 | $3.21 | $2.59 | $2.43 | $3.47 | $6.43 | $5.79 | $4.29 | $4.26 |
| Debt per share | $1.02 | $135.13 | $147.52 | $165.90 | $163.87 | $242.21 | $408.36 | $394.19 | — | $330.78 |
| Shares outstanding | 13.0M | 12.9M | 12.9M | 12.7M | 12.8M | 8.9M | 8.2M | 8.2M | 8.2M | 8.2M |
| Change in shares outstanding | +0.9% | −0.7% | +1.6% | −0.7% | +43.8% | +9.6% | 0.0% | 0.0% | 0.0% | 0.0% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −35.0% | −35.3% | −5.7% | −76.5% | 2.2% | −8.8% | −1.3% | −72.7% | — | 1.9% |
| Return on invested capital (ROIC) | 1.0% | −9.0% | 1.2% | −31.3% | 3.3% | 1.2% | 3.6% | −18.5% | — | 3.0% |
| Return on assets (ROA) | −7.7% | −9.5% | −1.6% | −27.3% | 0.9% | −3.0% | −0.4% | −19.3% | — | 0.5% |
| Return on tangible assets | −16.7% | −25.2% | −4.2% | −93.5% | 4.0% | −15.1% | −1.6% | −104.2% | — | 4.9% |
| Free cash flow margin | 1.6% | 1.1% | 4.8% | 2.0% | 2.6% | 10.0% | 2.6% | 2.1% | 1.5% | 6.2% |
| Income quality (OCF / net income) | — | — | — | — | 2.31 | — | — | — | 0.18 | 5.11 |
| Financial health | ||||||||||
| Total debt | $13.2M | $1.74B | $1.91B | $2.11B | $2.10B | $2.16B | $3.33B | $3.21B | — | $2.70B |
| Cash & short-term investments | $240.8M | $205.2M | $120.8M | $120.7M | $164.6M | $204.3M | $184.2M | $141.6M | — | $40.3M |
| Net debt | −$227.6M | $1.53B | $1.79B | $1.99B | $1.94B | $1.96B | $3.14B | $3.07B | — | $2.66B |
| Debt / equity | 0.02 | 2.32 | 1.73 | 1.88 | 0.85 | 0.89 | 2.11 | 2.02 | — | 1.58 |
| Debt / assets | 0.00 | 0.56 | 0.51 | 0.50 | 0.36 | 0.37 | 0.55 | 0.54 | — | 0.45 |
| Net debt / EBITDA | −3.00 | — | 7.00 | — | 4.13 | 6.70 | 7.05 | — | — | 6.69 |
| Current ratio | 2.25 | 1.98 | 1.87 | 1.93 | 1.71 | 1.56 | 1.84 | 1.86 | — | 1.51 |
| Quick ratio | 2.23 | 1.96 | 1.81 | 1.80 | 1.60 | 1.49 | 1.79 | 1.82 | — | 1.50 |
| Interest coverage | 0.1 | -2.0 | 0.3 | -14.3 | 1.7 | 0.3 | 0.9 | -4.7 | — | 1.3 |
| Working capital | $540.0M | $450.7M | $470.7M | $556.3M | $458.8M | $324.8M | $434.4M | $401.3M | — | $166.3M |
| Invested capital | $326.4M | $2.28B | $2.89B | $3.12B | $4.42B | $4.38B | $4.72B | $4.66B | — | $4.36B |
| Tangible asset value | −$878.9M | −$1.06B | −$1.16B | −$1.56B | −$1.91B | −$2.10B | −$3.05B | −$3.22B | — | −$3.56B |
| Net current asset value | −$1.27B | −$1.45B | −$1.66B | −$1.88B | −$2.17B | −$2.36B | −$3.39B | −$3.46B | — | −$3.72B |
| Graham number | — | — | — | — | $135.90 | — | — | — | — | $136.15 |
| Graham net-net per share | −$119.35 | −$129.78 | −$157.30 | −$173.43 | −$192.27 | −$290.52 | −$444.77 | −$453.12 | — | −$472.96 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | — | $64.6M | — | — | — | — | — |
| Share buybacks (net) | $869,000 | $34.1M | $6.4M | $0 | $12.6M | $0 | $0 | — | — | — |
| Dividend payout ratio | — | — | — | — | 118.6% | — | — | — | — | — |
| Dividends + buybacks / free cash flow | 1.6% | 90.2% | 3.4% | 0.0% | 81.4% | 0.0% | 0.0% | — | — | — |
| Capex / revenue | 0.2% | 1.6% | 1.1% | 0.9% | 0.9% | 1.0% | 1.4% | 1.3% | 1.4% | 1.7% |
| Capex / operating cash flow | 10.5% | 59.4% | 18.2% | 31.5% | 24.7% | 9.0% | 34.6% | 37.3% | 49.8% | 21.1% |
| Capex / depreciation | 0.03 | 0.27 | 0.20 | 0.15 | 0.13 | 0.13 | 0.23 | 0.21 | 0.19 | 0.20 |
| Stock-based compensation / revenue | −0.0% | 0.0% | 0.9% | 0.8% | 0.7% | 2.8% | 0.0% | −0.2% | 0.2% | 0.2% |
| SG&A / revenue | 7.8% | 9.1% | 6.6% | 5.2% | 8.5% | 17.5% | 4.6% | 4.1% | — | 4.6% |
| Efficiency | ||||||||||
| Days sales outstanding | 63.6 | 67.0 | 72.7 | 84.4 | 70.3 | 74.0 | 64.6 | 63.4 | — | 66.4 |
| Days of inventory on hand | 0.8 | 2.3 | 5.8 | 8.6 | 7.1 | 5.0 | 2.4 | 1.9 | — | 0.9 |
| Days payables outstanding | 19.2 | 19.8 | 23.2 | 29.6 | 26.2 | 25.1 | 19.4 | 18.5 | — | 18.7 |
| Cash conversion cycle (days) | 45.2 | 49.5 | 55.3 | 63.4 | 51.3 | 53.8 | 47.5 | 46.8 | — | 48.6 |
| Receivables turnover | 5.74 | 5.45 | 5.02 | 4.32 | 5.19 | 4.93 | 5.65 | 5.76 | — | 5.50 |
| Payables turnover | 19.00 | 18.46 | 15.72 | 12.33 | 13.95 | 14.54 | 18.78 | 19.74 | — | 19.48 |
| Inventory turnover | 439.96 | 161.89 | 63.24 | 42.60 | 51.60 | 73.58 | 151.87 | 188.45 | — | 414.43 |
| Asset turnover | 1.20 | 1.04 | 0.97 | 0.72 | 0.62 | 0.54 | 0.63 | 0.62 | — | 0.35 |
| Average receivables | $617.2M | $655.0M | $776.8M | $843.6M | $694.2M | $639.6M | $669.4M | $643.8M | — | $382.1M |
| Average payables | $160.4M | $165.7M | $217.2M | $257.4M | $212.4M | $175.4M | $168.4M | $157.5M | — | $82.7M |
| Average inventory | $6.9M | $18.9M | $54.0M | $74.5M | $57.4M | $34.7M | $20.8M | $16.5M | — | $3.9M |
| Intangibles / total assets | 51.3% | 58.3% | 59.9% | 65.3% | 76.8% | 79.9% | 78.5% | 81.5% | — | 89.0% |
Computed from ADV's annual financial statements (latest annual report filed March 3, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
ADV valuation and financial ratios
Advantage Solutions earned a return on equity of −35.0% and a return on invested capital of 1.0% in fiscal 2025. It ended the year with $13.2 million of debt and $240.8 million in cash and short-term investments, a net cash position of $227.6 million. It returned $0.9 million to shareholders: $0 in dividends and $0.9 million in share buybacks, 2% of free cash flow. The share count rose 59.3% from 8.2M to 13.0M over 9 years.
See the ADV income statement, the ADV chart for price history, or the ADV stock overview for the latest quote and news.
ADV key metrics FAQ
What is Advantage Solutions's EV/EBITDA?
Advantage Solutions's enterprise value was 0.8 times EBITDA at the end of fiscal 2025 (enterprise value $58.0 million, EBITDA $75.9 million); the current EV/EBITDA is 27.6.
What is Advantage Solutions's return on equity?
Advantage Solutions's return on equity (ROE) was −35.0% in fiscal 2025: net income of -$227.7 million on average shareholders' equity of $651.3 million.
What is Advantage Solutions's ROIC?
Advantage Solutions's return on invested capital was 1.0% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Advantage Solutions have?
Advantage Solutions had total debt of $13.2 million at the end of fiscal 2025, a debt-to-equity ratio of 0.02 and more cash than debt.
Does Advantage Solutions buy back its shares?
Yes. Advantage Solutions spent $0.9 million on net share repurchases in fiscal 2025 Shares outstanding changed +0.9% over the year, to 13.0M..
What is Advantage Solutions's free cash flow yield?
Advantage Solutions generated $55.1 million of free cash flow in fiscal 2025, a free cash flow yield of 19.3% on its market value at year-end ($285.6 million).
What is Advantage Solutions's current ratio?
Advantage Solutions's current ratio was 2.25 at the end of fiscal 2025: current assets were 2.25 times current liabilities.