Grindr Inc. (GRND) Key Metrics
GRND valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $2.45B
- Enterprise value
- $3.07B
- P/E (TTM)
- 30.0 10-yr median 305.9
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 4.8 10-yr median 5.9
- Price / book
- — 10-yr median 55.5
- EV / EBITDA
- 20.2 10-yr median 24.5
- Dividend yield
- —
- Beta
- 0.19
GRND key metrics, 2019–2025
Fiscal year ended December 31, 2025 · U.S. dollarsGRND valuation Price multiples at each fiscal year-end price.
GRND returns How much profit the business earns on the capital it uses.
GRND per-share figures Results divided by the shares outstanding at year-end.
GRND financial health Debt, liquidity and how easily interest is covered.
GRND efficiency & capital use Working capital cycle and where the cash goes.
GRND valuation history
GRND returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
GRND debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
GRND cash returned to shareholders
GRND price vs earnings per share
GRND key metrics
2019–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Valuation | |||||||
| Market capitalization | $2.61B | $3.14B | $1.53B | $740.1M | $1.55B | — | — |
| Enterprise value | $2.92B | $3.37B | $1.85B | $1.10B | $1.67B | — | — |
| P/E ratio | 27.5 | — | — | 868.7 | 305.9 | — | — |
| Price / sales | 5.9 | 9.1 | 5.9 | 3.8 | 10.6 | — | — |
| Price / book | 55.5 | — | — | 182.7 | 5.9 | — | — |
| Price / free cash flow | 18.5 | 33.4 | 47.9 | 16.4 | 50.6 | — | — |
| Price / operating cash flow | 18.4 | 33.0 | 42.3 | 14.6 | 45.0 | — | — |
| EV / sales | 6.6 | 9.8 | 7.1 | 5.6 | 11.5 | — | — |
| EV / EBITDA | 20.1 | 30.4 | 86.6 | 15.9 | 24.5 | — | — |
| EV / free cash flow | 20.7 | 35.9 | 57.8 | 24.3 | 54.5 | — | — |
| Earnings yield | 3.6% | −4.2% | −3.6% | 0.1% | 0.3% | — | — |
| Free cash flow yield | 5.4% | 3.0% | 2.1% | 6.1% | 2.0% | — | — |
| Dividend yield | — | — | 7.6% | 26.5% | 12.7% | — | — |
| Shareholder yield (dividends + buybacks) | 17.3% | 0.0% | 7.6% | 26.5% | 12.7% | — | — |
| Share price at fiscal year-end | $13.54 | $17.84 | $8.78 | $4.65 | $10.13 | — | — |
| Per share | |||||||
| Revenue per share | $2.28 | $1.96 | $1.49 | $1.23 | $0.95 | — | $0.71 |
| Earnings per share | $0.49 | −$0.74 | −$0.32 | $0.01 | $0.03 | — | $0.05 |
| Operating cash flow per share | $0.73 | $0.54 | $0.21 | $0.32 | $0.23 | — | $0.25 |
| Free cash flow per share | $0.73 | $0.53 | $0.18 | $0.28 | $0.20 | — | $0.23 |
| Cash per share | $0.45 | $0.34 | $0.16 | $0.05 | $0.10 | — | — |
| Book value per share | $0.24 | −$0.75 | −$0.11 | $0.03 | $1.72 | — | — |
| Tangible book value per share | −$1.60 | −$2.76 | −$2.20 | −$2.41 | −$0.91 | — | — |
| Dividends per share | — | — | $0.67 | $1.23 | $1.28 | — | $1.28 |
| Capex per share | $0.00 | $0.01 | $0.02 | $0.04 | $0.02 | — | $0.02 |
| Debt per share | $2.08 | $1.67 | $1.98 | $2.30 | $0.90 | — | — |
| Shares outstanding | 192.6M | 175.9M | 174.2M | 159.2M | 152.9M | — | 152.9M |
| Change in shares outstanding | +9.5% | +1.0% | +9.4% | +4.1% | — | — | — |
| Returns & profitability | |||||||
| Return on equity (ROE) | — | — | — | 0.6% | 1.9% | −5.1% | — |
| Return on invested capital (ROIC) | 43.5% | 36.4% | 13.3% | 2.8% | 4.8% | −0.2% | — |
| Return on assets (ROA) | 18.8% | −28.4% | −12.6% | 0.2% | 1.1% | −2.6% | — |
| Return on tangible assets | 53.7% | −105.0% | −70.5% | 1.7% | 10.6% | −20.8% | — |
| Free cash flow margin | 32.0% | 27.3% | 12.3% | 23.1% | 21.0% | 24.5% | 32.7% |
| Income quality (OCF / net income) | 1.49 | — | — | 59.44 | 6.80 | — | 4.93 |
| Financial health | |||||||
| Total debt | $400.6M | $293.9M | $344.2M | $365.3M | $137.1M | $193.9M | — |
| Cash & short-term investments | $87.0M | $59.2M | $27.6M | $8.7M | $15.8M | $41.4M | — |
| Net debt | $313.5M | $234.8M | $316.6M | $356.6M | $121.3M | $152.5M | — |
| Debt / equity | 8.52 | — | — | 90.16 | 0.52 | 0.76 | — |
| Debt / assets | 0.75 | 0.61 | 0.77 | 0.83 | 0.30 | 0.39 | — |
| Net debt / EBITDA | 2.16 | 2.12 | 14.86 | 5.17 | 1.78 | 5.65 | — |
| Current ratio | 1.96 | 1.73 | 1.18 | 0.70 | 1.47 | 0.72 | — |
| Quick ratio | 1.96 | 1.73 | 1.19 | 0.51 | 1.24 | 0.65 | — |
| Interest coverage | 7.2 | 3.6 | 1.2 | 0.4 | 1.3 | — | 266.0 |
| Working capital | $81.1M | $49.2M | $11.1M | −$18.7M | $14.0M | −$23.0M | — |
| Invested capital | $360.5M | $103.2M | $298.3M | $360.7M | $384.6M | $408.8M | — |
| Tangible asset value | −$307.5M | −$485.9M | −$383.8M | −$383.6M | −$138.7M | −$184.7M | — |
| Net current asset value | −$318.0M | −$493.7M | −$391.1M | −$391.6M | −$142.6M | −$189.0M | — |
| Graham number | $1.64 | — | — | $0.06 | $1.13 | — | — |
| Graham net-net per share | −$1.80 | −$2.92 | −$2.35 | −$2.53 | −$0.99 | — | — |
| Capital allocation | |||||||
| Dividends paid | — | — | $116.8M | $196.3M | $196.3M | $196.3M | $196.3M |
| Share buybacks (net) | $450.5M | $0 | $0 | $0 | — | — | — |
| Dividends + buybacks / free cash flow | 320.0% | 0.0% | 365.9% | 435.7% | 640.8% | 767.1% | 552.8% |
| Capex / revenue | 0.2% | 0.3% | 1.6% | 2.9% | 2.6% | 0.4% | 2.3% |
| Capex / operating cash flow | 0.5% | 1.0% | 11.7% | 11.0% | 11.0% | 1.8% | 6.5% |
| Capex / depreciation | 0.08 | 0.06 | 0.16 | 0.15 | 0.09 | 0.02 | 0.09 |
| Stock-based compensation / revenue | 12.4% | 10.8% | 6.1% | 14.6% | 1.8% | 1.2% | 6.2% |
| R&D / revenue | 11.1% | 10.6% | 11.3% | 9.2% | 7.5% | 14.7% | 10.5% |
| SG&A / revenue | 32.6% | 32.9% | 31.0% | 38.6% | 21.0% | 29.9% | 30.0% |
| Efficiency | |||||||
| Days sales outstanding | 49.0 | 45.3 | 40.7 | 40.8 | 41.3 | 41.3 | — |
| Days of inventory on hand | — | — | 30.7 | 67.0 | 59.1 | 60.0 | — |
| Days payables outstanding | 7.4 | 14.1 | 24.2 | 28.0 | 14.8 | 6.9 | — |
| Cash conversion cycle (days) | 41.6 | 31.2 | 47.1 | 79.8 | 85.6 | 94.5 | — |
| Receivables turnover | 7.45 | 8.05 | 8.97 | 8.95 | 8.84 | 8.83 | — |
| Payables turnover | 49.23 | 25.81 | 15.06 | 13.03 | 24.67 | 53.08 | — |
| Inventory turnover | — | — | — | 5.44 | 6.17 | 6.08 | — |
| Asset turnover | 0.87 | 0.75 | 0.59 | 0.44 | 0.31 | 0.21 | — |
| Average receivables | $59.1M | $42.8M | $28.9M | $21.8M | $16.5M | $11.8M | — |
| Average payables | $2.5M | $3.4M | $4.5M | $3.9M | $1.5M | $592,000 | — |
| Average inventory | — | — | $5.7M | $9.4M | $6.1M | $5.2M | — |
| Intangibles / total assets | 66.8% | 74.0% | 82.2% | 88.3% | 89.4% | 87.5% | — |
Computed from GRND's annual financial statements (latest annual report filed March 2, 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.
GRND valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Grindr traded at 27.5 times earnings, against a 7-year median of 305.9. Based on the latest twelve months, the trailing P/E is 30.0. Grindr earned a return on invested capital of 43.5% in fiscal 2025. It ended the year with $400.6 million of debt and $87.0 million in cash and short-term investments, net debt of $313.5 million. It returned $450.5 million to shareholders: $0 in dividends and $450.5 million in share buybacks, 320% of free cash flow. The share count rose 26.0% from 152.9M to 192.6M over 6 years.
See the GRND income statement, the GRND chart for price history, or the GRND stock overview for the latest quote and news.
GRND key metrics FAQ
What is Grindr's P/E ratio?
Grindr's trailing P/E ratio is 30.0 based on the last twelve months of earnings (as of October 17, 2026). At the end of fiscal 2025 it was 27.5, compared with a 7-year median of 305.9.
What is Grindr's EV/EBITDA?
Grindr's enterprise value was 20.1 times EBITDA at the end of fiscal 2025 (enterprise value $2.9 billion, EBITDA $145.1 million); the current EV/EBITDA is 20.2.
What is Grindr's ROIC?
Grindr's return on invested capital was 43.5% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Grindr have?
Grindr had total debt of $400.6 million at the end of fiscal 2025, a debt-to-equity ratio of 8.52 and $313.5 million of net debt (2.16 times EBITDA).
Does Grindr buy back its shares?
Yes. Grindr spent $450.5 million on net share repurchases in fiscal 2025 Shares outstanding changed +9.5% over the year, to 192.6M..
What is Grindr's free cash flow yield?
Grindr generated $140.8 million of free cash flow in fiscal 2025, a free cash flow yield of 5.4% on its market value at year-end ($2.6 billion).
What is Grindr's current ratio?
Grindr's current ratio was 1.96 at the end of fiscal 2025: current assets were 1.96 times current liabilities.