Ibotta, Inc. (IBTA) Key Metrics
IBTA valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $1.11B
- Enterprise value
- $834.1M
- P/E (TTM)
- —
- Forward P/E
- 24.7
- PEG ratio
- —
- Price / sales
- 3.2
- Price / book
- 3.4
- EV / EBITDA
- —
- Dividend yield
- —
- Beta
- −0.28
IBTA key metrics, 2022–2025
Fiscal year ended December 31, 2025 · U.S. dollarsIBTA valuation Price multiples at each fiscal year-end price.
IBTA returns How much profit the business earns on the capital it uses.
IBTA per-share figures Results divided by the shares outstanding at year-end.
IBTA financial health Debt, liquidity and how easily interest is covered.
IBTA efficiency & capital use Working capital cycle and where the cash goes.
IBTA valuation history
IBTA returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
IBTA debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
IBTA cash returned to shareholders
IBTA price vs earnings per share
IBTA key metrics
2022–2025| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Valuation | ||||
| Market capitalization | $684.2M | $1.75B | — | — |
| Enterprise value | $523.1M | $1.40B | — | — |
| P/E ratio | 191.4 | 25.4 | — | — |
| Price / sales | 2.0 | 4.8 | — | — |
| Price / book | 2.4 | 3.8 | — | — |
| Price / free cash flow | 9.1 | 16.5 | — | — |
| Price / operating cash flow | 7.2 | 15.1 | — | — |
| EV / sales | 1.5 | 3.8 | — | — |
| EV / EBITDA | 28.8 | 43.0 | — | — |
| EV / free cash flow | 7.0 | 13.2 | — | — |
| Earnings yield | 0.5% | 3.9% | — | — |
| Free cash flow yield | 11.0% | 6.0% | — | — |
| Shareholder yield (dividends + buybacks) | 34.1% | 1.8% | — | — |
| Share price at fiscal year-end | $22.73 | $65.08 | — | — |
| Per share | ||||
| Revenue per share | $11.37 | $13.67 | $10.58 | $6.97 |
| Earnings per share | $0.12 | $2.56 | $1.26 | −$1.81 |
| Operating cash flow per share | $3.17 | $4.32 | $0.75 | −$1.87 |
| Free cash flow per share | $2.49 | $3.94 | $0.48 | −$2.14 |
| Cash per share | $6.20 | $13.00 | $2.07 | $1.50 |
| Book value per share | $9.56 | $17.02 | $0.92 | −$1.15 |
| Tangible book value per share | $8.75 | $16.42 | $0.48 | −$1.44 |
| Capex per share | $0.67 | $0.38 | $0.27 | $0.27 |
| Debt per share | $0.85 | $0.06 | $2.13 | $2.02 |
| Shares outstanding | 30.1M | 26.9M | 30.2M | 30.2M |
| Change in shares outstanding | +12.1% | −11.2% | 0.0% | — |
| Returns & profitability | ||||
| Return on equity (ROE) | 1.0% | 28.3% | — | — |
| Return on invested capital (ROIC) | 0.7% | 40.1% | 919.1% | — |
| Return on assets (ROA) | 0.6% | 13.8% | 14.8% | −28.1% |
| Return on tangible assets | 0.7% | 10.4% | 12.4% | −29.4% |
| Free cash flow margin | 21.9% | 28.8% | 4.5% | −30.7% |
| Income quality (OCF / net income) | 26.65 | 1.69 | 0.60 | — |
| Financial health | ||||
| Total debt | $25.5M | $1.5M | $64.4M | $61.1M |
| Cash & short-term investments | $186.6M | $349.3M | $62.6M | $45.5M |
| Net debt | −$161.1M | −$347.7M | $1.9M | $15.6M |
| Debt / equity | 0.09 | 0.00 | 2.31 | — |
| Debt / assets | 0.05 | 0.00 | 0.20 | 0.31 |
| Net debt / EBITDA | −8.87 | −10.67 | 0.03 | — |
| Current ratio | 1.96 | 2.85 | 1.51 | 1.21 |
| Quick ratio | 1.96 | 2.85 | 1.51 | 1.21 |
| Interest coverage | — | — | 8.1 | -7.6 |
| Working capital | $200.2M | $377.6M | $100.2M | $30.6M |
| Invested capital | $126.5M | $109.5M | $29.8M | −$19.2M |
| Tangible asset value | $263.5M | $441.1M | $14.4M | −$43.5M |
| Net current asset value | $169.7M | $360.6M | $6.5M | −$55.4M |
| Graham number | $5.05 | $31.31 | $5.12 | — |
| Graham net-net per share | $3.48 | $10.94 | −$1.97 | −$3.08 |
| Capital allocation | ||||
| Share buybacks (net) | $233.0M | $31.3M | $0 | $0 |
| Dividends + buybacks / free cash flow | 310.7% | 29.6% | 0.0% | — |
| Capex / revenue | 5.9% | 2.8% | 2.6% | 3.9% |
| Capex / operating cash flow | 21.3% | 8.8% | 36.2% | — |
| Capex / depreciation | 2.44 | 1.26 | 1.23 | 1.31 |
| Stock-based compensation / revenue | 12.9% | 12.8% | 2.2% | 3.1% |
| R&D / revenue | 17.8% | 17.2% | 15.6% | 20.2% |
| SG&A / revenue | 60.5% | 60.4% | 52.0% | 75.6% |
| Efficiency | ||||
| Days sales outstanding | 229.0 | 222.3 | 198.4 | 210.6 |
| Days of inventory on hand | — | — | 0.0 | 0.0 |
| Days payables outstanding | 43.8 | 58.6 | 56.7 | 43.5 |
| Cash conversion cycle (days) | 185.2 | 163.7 | 141.8 | 167.1 |
| Receivables turnover | 1.59 | 1.64 | 1.84 | 1.73 |
| Payables turnover | 8.33 | 6.23 | 6.44 | 8.40 |
| Inventory turnover | — | — | 47,653,000.00 | 49,224,000.00 |
| Asset turnover | 0.57 | 0.74 | 1.24 | 1.08 |
| Average receivables | $214.8M | $223.7M | $174.0M | $121.6M |
| Average payables | $9.0M | $8.0M | $7.4M | $5.9M |
| Average inventory | — | — | $1 | $1 |
| Intangibles / total assets | 4.6% | 2.4% | 4.2% | 4.5% |
Computed from IBTA's annual financial statements (latest annual report filed February 25, 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.
IBTA valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Ibotta traded at 191.4 times earnings. Ibotta earned a return on equity of 1.0% and a return on invested capital of 0.7% in fiscal 2025. It ended the year with $25.5 million of debt and $186.6 million in cash and short-term investments, a net cash position of $161.1 million. It returned $233.0 million to shareholders: $0 in dividends and $233.0 million in share buybacks, 311% of free cash flow.
See the IBTA income statement, the IBTA chart for price history, or the IBTA stock overview for the latest quote and news.
IBTA key metrics FAQ
What is Ibotta's P/E ratio?
Ibotta traded at 191.4 times earnings at the end of fiscal 2025.
What is Ibotta's EV/EBITDA?
Ibotta's enterprise value was 28.8 times EBITDA at the end of fiscal 2025 (enterprise value $523.1 million, EBITDA $18.2 million).
What is Ibotta's return on equity?
Ibotta's return on equity (ROE) was 1.0% in fiscal 2025: net income of $3.6 million on average shareholders' equity of $372.5 million.
What is Ibotta's ROIC?
Ibotta's return on invested capital was 0.7% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Ibotta have?
Ibotta had total debt of $25.5 million at the end of fiscal 2025, a debt-to-equity ratio of 0.09 and more cash than debt.
Does Ibotta buy back its shares?
Yes. Ibotta spent $233.0 million on net share repurchases in fiscal 2025 Shares outstanding changed +12.1% over the year, to 30.1M..
What is Ibotta's free cash flow yield?
Ibotta generated $75.0 million of free cash flow in fiscal 2025, a free cash flow yield of 11.0% on its market value at year-end ($684.2 million).
What is Ibotta's current ratio?
Ibotta's current ratio was 1.96 at the end of fiscal 2025: current assets were 1.96 times current liabilities.