Pinterest, Inc (PINS) Key Metrics
PINS valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $12.41B
- Enterprise value
- $10.37B
- P/E (TTM)
- 64.4 10-yr median 42.7
- Forward P/E
- 8.0
- PEG ratio
- 0.24
- Price / sales
- 2.7 10-yr median 6.9
- Price / book
- 3.6 10-yr median 4.9
- EV / EBITDA
- 32.5 10-yr median 58.0
- Dividend yield
- —
- Beta
- 0.90
PINS key metrics, 2017–2025
Fiscal year ended December 31, 2025 · U.S. dollarsPINS valuation Price multiples at each fiscal year-end price.
PINS returns How much profit the business earns on the capital it uses.
PINS per-share figures Results divided by the shares outstanding at year-end.
PINS financial health Debt, liquidity and how easily interest is covered.
PINS efficiency & capital use Working capital cycle and where the cash goes.
PINS valuation history
PINS returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
PINS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
PINS cash returned to shareholders
PINS price vs earnings per share
PINS key metrics
2017–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Valuation | |||||||||
| Market capitalization | $17.81B | $20.25B | $24.99B | $16.16B | $28.21B | $39.29B | $7.84B | — | — |
| Enterprise value | $15.60B | $17.93B | $22.67B | $13.69B | $25.98B | $37.72B | $6.34B | — | — |
| P/E ratio | 42.7 | 10.9 | — | — | 89.1 | — | — | — | — |
| Price / sales | 4.2 | 5.6 | 8.2 | 5.8 | 10.9 | 23.2 | 6.9 | — | — |
| Price / book | 3.8 | 4.3 | 8.1 | 4.9 | 9.3 | 17.5 | 3.9 | — | — |
| Price / free cash flow | 14.2 | 21.5 | 41.3 | 36.7 | 37.9 | — | — | — | — |
| Price / operating cash flow | 13.9 | 21.0 | 40.8 | 34.4 | 37.5 | — | — | — | — |
| EV / sales | 3.7 | 4.9 | 7.4 | 4.9 | 10.1 | 22.3 | 5.5 | — | — |
| EV / EBITDA | 33.1 | 58.0 | — | — | 72.6 | — | — | — | — |
| EV / free cash flow | 12.5 | 19.1 | 37.5 | 31.1 | 34.9 | — | — | — | — |
| Earnings yield | 2.3% | 9.2% | −0.1% | −0.6% | 1.1% | −0.3% | −17.4% | — | — |
| Free cash flow yield | 7.0% | 4.6% | 2.4% | 2.7% | 2.6% | 0.0% | −0.4% | — | — |
| Shareholder yield (dividends + buybacks) | 5.2% | 4.9% | 3.3% | 1.0% | 0.0% | 0.1% | 6.1% | — | — |
| Share price at fiscal year-end | $25.89 | $29.00 | $37.04 | $24.28 | $36.35 | $65.90 | $18.64 | — | — |
| Per share | |||||||||
| Revenue per share | $6.14 | $5.22 | $4.53 | $4.21 | $3.32 | $2.84 | $2.72 | $1.43 | $1.05 |
| Earnings per share | $0.61 | $2.67 | −$0.05 | −$0.14 | $0.41 | −$0.22 | −$3.24 | −$0.12 | −$0.29 |
| Operating cash flow per share | $1.87 | $1.38 | $0.91 | $0.70 | $0.97 | $0.05 | $0.00 | −$0.11 | −$0.23 |
| Free cash flow per share | $1.82 | $1.35 | $0.90 | $0.66 | $0.96 | $0.02 | −$0.08 | −$0.16 | −$0.32 |
| Cash per share | $3.59 | $3.60 | $3.73 | $4.05 | $3.20 | $2.95 | $4.08 | $1.19 | $1.59 |
| Book value per share | $6.90 | $6.80 | $4.58 | $4.93 | $3.92 | $3.76 | $4.81 | $1.65 | $2.05 |
| Tangible book value per share | $6.74 | $6.50 | $4.26 | $4.74 | $3.84 | $3.74 | $4.78 | $1.62 | $2.03 |
| Capex per share | $0.05 | $0.04 | $0.01 | $0.04 | $0.01 | $0.03 | $0.08 | $0.04 | $0.09 |
| Debt per share | $0.38 | $0.27 | $0.29 | $0.34 | $0.32 | $0.31 | $0.52 | $0.29 | $0.40 |
| Shares outstanding | 687.8M | 698.4M | 674.6M | 665.7M | 776.1M | 596.3M | 420.5M | 529.3M | 448.6M |
| Change in shares outstanding | −1.5% | +3.5% | +1.3% | −14.2% | +30.2% | +41.8% | −20.6% | +18.0% | — |
| Returns & profitability | |||||||||
| Return on equity (ROE) | 8.8% | 47.5% | −1.1% | −3.0% | 12.0% | −6.0% | −94.1% | −7.0% | −14.2% |
| Return on invested capital (ROIC) | 12.0% | 11.2% | −12.5% | −9.9% | 43.7% | −18.9% | −238.0% | −15.1% | −28.3% |
| Return on assets (ROA) | 7.7% | 41.7% | −1.0% | −2.6% | 10.3% | −5.1% | −75.9% | −5.2% | −10.7% |
| Return on tangible assets | 7.7% | 36.3% | −1.1% | −2.6% | 9.1% | −4.9% | −57.2% | −5.3% | −10.8% |
| Free cash flow margin | 29.7% | 25.8% | 19.8% | 15.7% | 28.9% | 0.7% | −2.9% | −10.9% | −30.5% |
| Income quality (OCF / net income) | 3.08 | 0.52 | — | — | 2.38 | — | — | — | — |
| Financial health | |||||||||
| Total debt | $262.0M | $185.8M | $196.3M | $229.0M | $250.9M | $183.0M | $219.9M | $151.4M | $178.1M |
| Cash & short-term investments | $2.47B | $2.51B | $2.51B | $2.70B | $2.48B | $1.76B | $1.72B | $627.8M | $711.6M |
| Net debt | −$2.21B | −$2.33B | −$2.32B | −$2.47B | −$2.23B | −$1.58B | −$1.50B | −$476.4M | −$533.6M |
| Debt / equity | 0.06 | 0.04 | 0.06 | 0.07 | 0.08 | 0.08 | 0.11 | 0.17 | 0.19 |
| Debt / assets | 0.05 | 0.03 | 0.05 | 0.06 | 0.07 | 0.07 | 0.09 | 0.13 | 0.15 |
| Net debt / EBITDA | −4.68 | −7.53 | — | — | −6.23 | — | — | — | — |
| Current ratio | 7.64 | 8.75 | 10.53 | 9.08 | 12.25 | 11.51 | 11.74 | 8.20 | 11.11 |
| Quick ratio | 7.64 | 8.75 | 10.53 | 9.08 | 12.25 | 11.51 | 11.74 | 8.20 | 11.11 |
| Interest coverage | 2.9 | — | -1.2 | -6.7 | 34.6 | -224.4 | -649.9 | -75.1 | — |
| Working capital | $3.09B | $3.09B | $3.02B | $3.07B | $2.92B | $2.15B | $1.89B | $780.9M | $807.2M |
| Invested capital | $2.54B | $2.42B | $773.3M | $811.3M | $808.4M | $664.4M | $527.5M | $394.4M | $385.4M |
| Tangible asset value | $4.64B | $4.54B | $2.87B | $3.16B | $2.98B | $2.23B | $2.01B | $856.8M | $909.9M |
| Net current asset value | $2.79B | $2.89B | $2.83B | $2.87B | $2.68B | $1.99B | $1.70B | $567.0M | $592.0M |
| Graham number | $9.70 | $20.20 | — | — | $5.99 | — | — | — | — |
| Graham net-net per share | $3.56 | $3.71 | $3.83 | $3.95 | $3.19 | $3.05 | $3.77 | $0.89 | $1.16 |
| Capital allocation | |||||||||
| Share buybacks (net) | $927.0M | $990.5M | $835.0M | $161.8M | $0 | $56.9M | $475.0M | $0 | $0 |
| Dividends + buybacks / free cash flow | 74.0% | 105.4% | 138.0% | 36.8% | 0.0% | 498.0% | — | — | — |
| Capex / revenue | 0.8% | 0.7% | 0.3% | 1.0% | 0.4% | 1.0% | 3.0% | 2.9% | 8.7% |
| Capex / operating cash flow | 2.5% | 2.6% | 1.3% | 6.2% | 1.2% | 60.4% | 5,142.0% | — | — |
| Capex / depreciation | 4.59 | 1.16 | 0.37 | 0.62 | 0.33 | 0.47 | 1.22 | 1.06 | 2.55 |
| Stock-based compensation / revenue | 20.9% | 21.0% | 21.2% | 17.7% | 16.1% | 19.0% | 120.6% | 2.0% | 6.1% |
| R&D / revenue | 33.8% | 34.0% | 35.0% | 33.9% | 30.3% | 35.8% | 105.6% | 33.3% | 44.0% |
| SG&A / revenue | 38.7% | 40.5% | 46.6% | 45.6% | 36.5% | 46.1% | 84.5% | 44.6% | 47.4% |
| Efficiency | |||||||||
| Days sales outstanding | 81.8 | 82.9 | 86.3 | 86.9 | 86.2 | 94.9 | 86.0 | 86.6 | 105.4 |
| Days of inventory on hand | — | — | — | — | 0.0 | — | 0.0 | — | — |
| Days payables outstanding | 46.4 | 39.7 | 44.2 | 28.4 | 23.2 | 34.0 | 28.7 | 28.4 | 31.5 |
| Cash conversion cycle (days) | 35.4 | 43.3 | 42.1 | 58.5 | 63.0 | 60.8 | 57.2 | 58.2 | 73.9 |
| Receivables turnover | 4.46 | 4.40 | 4.23 | 4.20 | 4.24 | 3.85 | 4.25 | 4.22 | 3.46 |
| Payables turnover | 7.87 | 9.20 | 8.25 | 12.85 | 15.76 | 10.72 | 12.70 | 12.85 | 11.58 |
| Inventory turnover | — | — | — | — | 529,320,000.00 | — | 358,903,000.00 | — | — |
| Asset turnover | 0.78 | 0.82 | 0.82 | 0.76 | 0.84 | 0.68 | 0.64 | 0.63 | 0.39 |
| Average receivables | $945.6M | $828.3M | $722.3M | $667.4M | $608.5M | $440.1M | $269.1M | $179.3M | $136.6M |
| Average payables | $106.9M | $81.5M | $83.5M | $52.8M | $33.6M | $41.9M | $28.3M | $18.8M | $15.4M |
| Average inventory | — | — | — | — | $1 | — | $1 | — | — |
| Intangibles / total assets | 1.9% | 3.9% | 6.1% | 3.2% | 1.7% | 0.5% | 0.6% | 1.2% | 0.7% |
Computed from PINS's annual financial statements (latest annual report filed February 12, 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.
PINS valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Pinterest traded at 42.7 times earnings, against a 9-year median of 42.7. Based on the latest twelve months, the trailing P/E is 64.4 and the forward P/E is 8.0. Pinterest earned a return on equity of 8.8% and a return on invested capital of 12.0% in fiscal 2025. It ended the year with $262.0 million of debt and $2.5 billion in cash and short-term investments, a net cash position of $2.2 billion. It returned $927.0 million to shareholders: $0 in dividends and $927.0 million in share buybacks, 74% of free cash flow. The share count rose 53.3% from 448.6M to 687.8M over 8 years.
See the PINS income statement, the PINS chart for price history, or the PINS stock overview for the latest quote and news.
PINS key metrics FAQ
What is Pinterest's P/E ratio?
Pinterest's trailing P/E ratio is 64.4 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 8.0. At the end of fiscal 2025 it was 42.7, compared with a 9-year median of 42.7.
What is Pinterest's EV/EBITDA?
Pinterest's enterprise value was 33.1 times EBITDA at the end of fiscal 2025 (enterprise value $15.6 billion, EBITDA $471.0 million); the current EV/EBITDA is 32.5.
What is Pinterest's return on equity?
Pinterest's return on equity (ROE) was 8.8% in fiscal 2025: net income of $416.9 million on average shareholders' equity of $4.7 billion.
What is Pinterest's ROIC?
Pinterest's return on invested capital was 12.0% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Pinterest have?
Pinterest had total debt of $262.0 million at the end of fiscal 2025, a debt-to-equity ratio of 0.06 and more cash than debt.
Does Pinterest buy back its shares?
Yes. Pinterest spent $927.0 million on net share repurchases in fiscal 2025 Shares outstanding changed −1.5% over the year, to 687.8M..
What is Pinterest's free cash flow yield?
Pinterest generated $1.3 billion of free cash flow in fiscal 2025, a free cash flow yield of 7.0% on its market value at year-end ($17.8 billion).
What is Pinterest's current ratio?
Pinterest's current ratio was 7.64 at the end of fiscal 2025: current assets were 7.64 times current liabilities.