Five9, Inc. (FIVN) Key Metrics
FIVN valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $2.41B
- Enterprise value
- $2.97B
- P/E (TTM)
- 46.7
- Forward P/E
- 9.9
- PEG ratio
- 0.28
- Price / sales
- 2.0 10-yr median 6.5
- Price / book
- 3.6 10-yr median 19.0
- EV / EBITDA
- 19.7 10-yr median 135.7
- Dividend yield
- —
- Beta
- 1.54
FIVN key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsFIVN valuation Price multiples at each fiscal year-end price.
FIVN returns How much profit the business earns on the capital it uses.
FIVN per-share figures Results divided by the shares outstanding at year-end.
FIVN financial health Debt, liquidity and how easily interest is covered.
FIVN efficiency & capital use Working capital cycle and where the cash goes.
FIVN valuation history
FIVN returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
FIVN debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
FIVN cash returned to shareholders
FIVN price vs earnings per share
FIVN key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $1.75B | $3.03B | $5.67B | $4.74B | $9.27B | $11.19B | $3.96B | $2.54B | $1.37B | $742.7M |
| Enterprise value | $1.90B | $3.25B | $5.73B | $4.92B | $9.63B | $11.24B | $3.86B | $2.46B | $1.34B | $730.4M |
| P/E ratio | 44.3 | — | — | — | — | — | — | — | — | — |
| Price / sales | 1.5 | 2.9 | 6.2 | 6.1 | 15.2 | 25.7 | 12.1 | 9.9 | 6.8 | 4.6 |
| Price / book | 2.2 | 4.9 | 10.5 | 15.3 | 43.9 | 40.1 | 20.2 | 17.8 | 29.2 | 24.5 |
| Price / free cash flow | 8.7 | 38.5 | 58.1 | 145.1 | — | 303.4 | 123.7 | 86.5 | 161.7 | 130.1 |
| Price / operating cash flow | 7.7 | 21.1 | 44.0 | 53.4 | 319.7 | 166.2 | 77.3 | 65.7 | 123.1 | 108.6 |
| EV / sales | 1.6 | 3.1 | 6.3 | 6.3 | 15.8 | 25.8 | 11.8 | 9.5 | 6.7 | 4.5 |
| EV / EBITDA | 15.7 | 59.2 | — | — | — | 773.0 | 135.7 | 119.2 | 436.1 | 888.6 |
| EV / free cash flow | 9.4 | 41.4 | 58.7 | 150.5 | — | 304.7 | 120.7 | 83.6 | 159.0 | 128.0 |
| Earnings yield | 2.3% | −0.4% | −1.4% | −2.0% | −0.6% | −0.4% | −0.1% | −0.0% | −0.7% | −1.6% |
| Free cash flow yield | 11.5% | 2.6% | 1.7% | 0.7% | −0.1% | 0.3% | 0.8% | 1.2% | 0.6% | 0.8% |
| Dividend yield | — | — | — | — | — | — | — | 10.2% | 0.0% | 0.0% |
| Shareholder yield (dividends + buybacks) | 2.9% | — | 0.1% | 0.0% | 0.0% | 0.0% | 0.0% | 10.2% | 0.0% | 0.0% |
| Share price at fiscal year-end | $20.05 | $40.64 | $78.69 | $67.86 | $137.32 | $174.40 | $65.58 | $43.72 | $24.88 | $14.19 |
| Per share | ||||||||||
| Revenue per share | $13.20 | $13.99 | $12.64 | $11.14 | $9.03 | $6.78 | $5.43 | $4.44 | $3.64 | $3.10 |
| Earnings per share | $0.45 | −$0.17 | −$1.13 | −$1.35 | −$0.79 | −$0.66 | −$0.08 | −$0.00 | −$0.16 | −$0.23 |
| Operating cash flow per share | $2.60 | $1.92 | $1.79 | $1.27 | $0.43 | $1.05 | $0.85 | $0.67 | $0.20 | $0.13 |
| Free cash flow per share | $2.31 | $1.05 | $1.35 | $0.47 | −$0.20 | $0.57 | $0.53 | $0.51 | $0.15 | $0.11 |
| Cash per share | $8.01 | $13.50 | $10.14 | $8.79 | $6.96 | $9.41 | $5.30 | $5.02 | $1.25 | $1.11 |
| Book value per share | $9.03 | $8.35 | $7.47 | $4.43 | $3.13 | $4.35 | $3.25 | $2.46 | $0.85 | $0.58 |
| Tangible book value per share | $4.23 | $2.57 | $3.78 | $1.66 | $0.09 | $0.97 | $2.80 | $2.24 | $0.62 | $0.32 |
| Dividends per share | — | — | — | — | — | — | — | $4.46 | $0.00 | $0.00 |
| Capex per share | $0.29 | $0.87 | $0.43 | $0.80 | $0.63 | $0.47 | $0.32 | $0.16 | $0.05 | $0.02 |
| Debt per share | $9.73 | $16.55 | $11.02 | $11.31 | $12.23 | $10.18 | $3.70 | $3.58 | $0.85 | $0.87 |
| Shares outstanding | 87.0M | 74.5M | 72.0M | 69.9M | 67.5M | 64.2M | 60.4M | 58.1M | 54.9M | 52.3M |
| Change in shares outstanding | +16.8% | +3.4% | +3.0% | +3.6% | +5.2% | +6.3% | +4.0% | +5.7% | +5.0% | +4.4% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 5.6% | −2.2% | −19.3% | −36.3% | −21.6% | −17.7% | −2.7% | −0.2% | −23.2% | −41.9% |
| Return on invested capital (ROIC) | 3.2% | −5.6% | −14.3% | −13.1% | −9.9% | −4.5% | 3.3% | 8.4% | −21.2% | −31.9% |
| Return on assets (ROA) | 2.1% | −0.7% | −6.0% | −7.8% | −4.7% | −5.4% | −1.0% | −0.1% | −7.7% | −11.6% |
| Return on tangible assets | 2.9% | −0.8% | −6.7% | −9.0% | −5.4% | −5.0% | −1.0% | −0.1% | −7.8% | −12.9% |
| Free cash flow margin | 17.5% | 7.5% | 10.7% | 4.2% | −2.2% | 8.5% | 9.8% | 11.4% | 4.2% | 3.5% |
| Income quality (OCF / net income) | 5.74 | — | — | — | — | — | — | — | — | — |
| Financial health | ||||||||||
| Total debt | $847.2M | $1.23B | $793.9M | $790.6M | $825.5M | $653.2M | $223.3M | $207.9M | $46.7M | $45.8M |
| Cash & short-term investments | $696.9M | $1.01B | $730.3M | $614.3M | $469.9M | $603.5M | $319.9M | $291.8M | $68.9M | $58.1M |
| Net debt | $150.3M | $227.2M | $63.6M | $176.3M | $355.7M | $49.7M | −$96.6M | −$83.9M | −$22.2M | −$12.3M |
| Debt / equity | 1.08 | 1.98 | 1.48 | 2.55 | 3.91 | 2.34 | 1.14 | 1.46 | 1.00 | 1.51 |
| Debt / assets | 0.47 | 0.60 | 0.53 | 0.64 | 0.69 | 0.61 | 0.46 | 0.53 | 0.36 | 0.44 |
| Net debt / EBITDA | 1.24 | 4.13 | — | — | — | 3.42 | −3.40 | −4.07 | −7.20 | −14.99 |
| Current ratio | 4.09 | 1.95 | 5.53 | 5.16 | 3.92 | 6.65 | 5.78 | 6.96 | 2.35 | 2.20 |
| Quick ratio | 4.09 | 2.00 | 5.53 | 4.85 | 3.55 | 6.35 | 5.49 | 6.65 | 2.29 | 2.20 |
| Interest coverage | 2.3 | -3.5 | -12.9 | -11.7 | -7.0 | -0.4 | 0.2 | 0.7 | -1.6 | -1.5 |
| Working capital | $658.0M | $606.9M | $756.8M | $627.9M | $459.7M | $585.6M | $315.3M | $286.0M | $53.3M | $40.9M |
| Invested capital | $936.1M | $849.4M | $601.7M | $486.3M | $566.8M | $328.8M | $99.8M | $58.8M | $24.6M | $18.0M |
| Tangible asset value | $368.4M | $191.1M | $272.4M | $116.4M | $5.8M | $62.1M | $169.1M | $130.3M | $34.0M | $17.0M |
| Net current asset value | −$133.2M | −$180.5M | −$32.4M | −$155.8M | −$364.6M | −$95.5M | $95.4M | $82.1M | $11.5M | $100,000 |
| Graham number | $9.59 | — | — | — | — | — | — | — | — | — |
| Graham net-net per share | −$2.37 | −$4.68 | −$2.08 | −$3.27 | −$6.20 | −$1.99 | $1.20 | $1.14 | $0.06 | −$0.12 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | — | — | — | — | $258.8M | $0 | $0 |
| Share buybacks (net) | $50.0M | — | $3.3M | $0 | $0 | $0 | $0 | $260,000 | $0 | $0 |
| Dividends + buybacks / free cash flow | 24.8% | — | 3.4% | 0.0% | — | 0.0% | 0.0% | 882.2% | 0.0% | 0.0% |
| Capex / revenue | 2.2% | 6.2% | 3.4% | 7.2% | 6.9% | 7.0% | 5.9% | 3.6% | 1.3% | 0.7% |
| Capex / operating cash flow | 11.0% | 45.1% | 24.2% | 63.2% | 145.6% | 45.2% | 37.5% | 24.0% | 23.9% | 16.5% |
| Capex / depreciation | 0.40 | 1.22 | 0.64 | 1.26 | 0.89 | 0.99 | 1.01 | 0.90 | 0.32 | 0.13 |
| Stock-based compensation / revenue | 12.9% | 16.0% | 22.7% | 22.1% | 17.8% | 14.9% | 12.8% | 11.1% | 7.7% | 5.9% |
| R&D / revenue | 13.3% | 16.0% | 17.2% | 18.2% | 17.5% | 15.8% | 13.8% | 13.3% | 13.5% | 14.7% |
| SG&A / revenue | 39.0% | 41.4% | 46.1% | 45.9% | 47.2% | 45.6% | 44.2% | 43.6% | 47.8% | 48.0% |
| Efficiency | ||||||||||
| Days sales outstanding | 40.9 | 39.2 | 38.6 | 41.5 | 40.8 | 37.1 | 35.4 | 31.3 | 30.0 | 27.5 |
| Days of inventory on hand | — | -13.4 | 19.9 | 51.9 | 59.9 | 51.2 | 45.4 | 30.1 | 5.4 | 0.0 |
| Days payables outstanding | 19.7 | 19.4 | 20.3 | 21.9 | 25.3 | 27.6 | 23.3 | 19.8 | 16.8 | 16.2 |
| Cash conversion cycle (days) | 21.2 | 6.4 | 38.2 | 71.5 | 75.4 | 60.7 | 57.5 | 41.5 | 18.5 | 11.3 |
| Receivables turnover | 8.93 | 9.31 | 9.46 | 8.79 | 8.94 | 9.83 | 10.31 | 11.67 | 12.16 | 13.26 |
| Payables turnover | 18.52 | 18.84 | 18.02 | 16.65 | 14.40 | 13.21 | 15.67 | 18.41 | 21.70 | 22.56 |
| Inventory turnover | — | — | 18.32 | 7.04 | 6.09 | 7.13 | 8.04 | 12.14 | 68.20 | 66,934,000.00 |
| Asset turnover | 0.60 | 0.59 | 0.66 | 0.64 | 0.54 | 0.56 | 0.75 | 0.99 | 1.72 | 1.59 |
| Average receivables | $128.7M | $112.0M | $96.2M | $88.6M | $68.2M | $44.3M | $31.8M | $22.1M | $16.5M | $12.2M |
| Average payables | $28.1M | $25.3M | $24.0M | $22.1M | $18.8M | $13.7M | $8.6M | $5.7M | $3.8M | $3.0M |
| Average inventory | — | −$17.6M | $23.6M | $52.2M | $44.5M | $25.3M | $16.7M | $8.6M | $1.2M | $1 |
| Intangibles / total assets | 23.3% | 21.0% | 17.8% | 15.6% | 17.2% | 20.4% | 5.7% | 3.1% | 10.0% | 12.7% |
Computed from FIVN's annual financial statements (latest annual report filed February 20, 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.
FIVN valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Five9 traded at 44.3 times earnings. Based on the latest twelve months, the trailing P/E is 46.7 and the forward P/E is 9.9. Five9 earned a return on equity of 5.6% and a return on invested capital of 3.2% in fiscal 2025. It ended the year with $847.2 million of debt and $696.9 million in cash and short-term investments, net debt of $150.3 million. It returned $50.0 million to shareholders: $0 in dividends and $50.0 million in share buybacks, 25% of free cash flow. The share count rose 66.3% from 52.3M to 87.0M over 9 years.
See the FIVN income statement, the FIVN chart for price history, or the FIVN stock overview for the latest quote and news.
FIVN key metrics FAQ
What is Five9's P/E ratio?
Five9's trailing P/E ratio is 46.7 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 9.9. At the end of fiscal 2025 it was 44.3.
What is Five9's EV/EBITDA?
Five9's enterprise value was 15.7 times EBITDA at the end of fiscal 2025 (enterprise value $1.9 billion, EBITDA $120.8 million); the current EV/EBITDA is 19.7.
What is Five9's return on equity?
Five9's return on equity (ROE) was 5.6% in fiscal 2025: net income of $39.4 million on average shareholders' equity of $704.0 million.
What is Five9's ROIC?
Five9's return on invested capital was 3.2% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Five9 have?
Five9 had total debt of $847.2 million at the end of fiscal 2025, a debt-to-equity ratio of 1.08 and $150.3 million of net debt (1.24 times EBITDA).
Does Five9 buy back its shares?
Yes. Five9 spent $50.0 million on net share repurchases in fiscal 2025 Shares outstanding changed +16.8% over the year, to 87.0M..
What is Five9's free cash flow yield?
Five9 generated $201.2 million of free cash flow in fiscal 2025, a free cash flow yield of 11.5% on its market value at year-end ($1.7 billion).
What is Five9's current ratio?
Five9's current ratio was 4.09 at the end of fiscal 2025: current assets were 4.09 times current liabilities.