Peloton Interactive, Inc. (PTON) Key Metrics
PTON valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $2.29B
- Enterprise value
- $2.60B
- P/E (TTM)
- 37.3
- Forward P/E
- 4.3
- PEG ratio
- —
- Price / sales
- 0.9 10-yr median 1.1
- Price / book
- 100.2 10-yr median 7.6
- EV / EBITDA
- 10.7
- Dividend yield
- —
- Beta
- 2.55
PTON key metrics, FY2017–FY2026
Fiscal year ended June 30, 2026 · U.S. dollarsPTON valuation Price multiples at each fiscal year-end price.
PTON returns How much profit the business earns on the capital it uses.
PTON per-share figures Results divided by the shares outstanding at year-end.
PTON financial health Debt, liquidity and how easily interest is covered.
PTON efficiency & capital use Working capital cycle and where the cash goes.
PTON valuation history
PTON returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
PTON debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
PTON cash returned to shareholders
PTON price vs earnings per share
PTON key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $3.08B | $2.71B | $1.24B | $2.67B | $2.96B | $36.45B | $12.76B | — | — | — |
| Enterprise value | $4.74B | $3.64B | $2.62B | $4.22B | $4.08B | $36.35B | $11.55B | — | — | — |
| P/E ratio | 48.7 | — | — | — | — | — | — | — | — | — |
| Price / sales | 1.3 | 1.1 | 0.5 | 1.0 | 0.8 | 9.1 | 7.0 | — | — | — |
| Price / book | — | — | — | — | 5.0 | 20.8 | 7.6 | — | — | — |
| Price / free cash flow | 8.2 | 8.4 | — | — | — | — | 58.0 | — | — | — |
| Price / operating cash flow | 7.9 | 8.1 | — | — | — | — | 33.9 | — | — | — |
| EV / sales | 1.9 | 1.5 | 1.0 | 1.5 | 1.1 | 9.0 | 6.3 | — | — | — |
| EV / EBITDA | 20.1 | 33.6 | — | — | — | — | — | — | — | — |
| EV / free cash flow | 12.5 | 11.3 | — | — | — | — | 52.5 | — | — | — |
| Earnings yield | 2.1% | −4.4% | −44.7% | −47.3% | −95.6% | −0.5% | −0.6% | — | — | — |
| Free cash flow yield | 12.3% | 12.0% | −6.9% | −17.6% | −79.7% | −1.3% | 1.7% | — | — | — |
| Dividend yield | — | — | — | — | — | 0.1% | — | — | — | — |
| Shareholder yield (dividends + buybacks) | 0.1% | — | — | — | — | 0.2% | 0.0% | — | — | — |
| Share price at fiscal year-end | $5.91 | $6.94 | $3.38 | $7.69 | $9.18 | $124.02 | $57.77 | — | — | — |
| Per share | ||||||||||
| Revenue per share | $4.69 | $6.39 | $7.39 | $8.08 | $11.11 | $13.68 | $8.26 | $3.29 | $1.86 | $0.94 |
| Earnings per share | $0.12 | −$0.30 | −$1.51 | −$3.64 | −$8.77 | −$0.64 | −$0.32 | −$0.70 | −$0.21 | −$0.30 |
| Operating cash flow per share | $0.74 | $0.85 | −$0.18 | −$1.12 | −$6.27 | −$0.82 | $1.70 | −$0.39 | $0.21 | −$0.08 |
| Free cash flow per share | $0.72 | $0.83 | −$0.23 | −$1.36 | −$7.31 | −$1.67 | $1.00 | −$0.69 | $0.09 | −$0.12 |
| Cash per share | $0.10 | $2.67 | $1.91 | $2.35 | $3.89 | $5.47 | $7.94 | $1.36 | $0.64 | $0.66 |
| Book value per share | −$0.27 | −$1.06 | −$1.42 | −$0.85 | $1.84 | $5.97 | $7.59 | $1.45 | −$1.35 | $0.53 |
| Tangible book value per share | −$0.37 | −$1.18 | −$1.57 | −$1.04 | $1.58 | $4.41 | $7.35 | $1.36 | −$1.47 | $0.53 |
| Dividends per share | — | — | — | — | — | $0.07 | — | — | — | — |
| Capex per share | $0.02 | $0.02 | $0.05 | $0.24 | $1.05 | $0.86 | $0.71 | $0.30 | $0.12 | $0.04 |
| Debt per share | $3.28 | $5.07 | $5.69 | $6.82 | $7.36 | $5.15 | $2.47 | $0.53 | $0.22 | $0.01 |
| Shares outstanding | 521.2M | 390.0M | 365.5M | 346.7M | 322.4M | 293.9M | 221.0M | 277.8M | 233.6M | 233.6M |
| Change in shares outstanding | +33.6% | +6.7% | +5.4% | +7.5% | +9.7% | +33.0% | −20.5% | +18.9% | 0.0% | — |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | — | — | — | — | −241.0% | −11.0% | −6.9% | −449.9% | — | −57.1% |
| Return on invested capital (ROIC) | 18.2% | −4.1% | −39.5% | −63.8% | −128.1% | −13.9% | −19.9% | — | — | — |
| Return on assets (ROA) | 3.0% | −5.5% | −22.3% | −37.1% | −66.4% | −5.1% | −3.7% | −34.4% | −20.4% | −35.8% |
| Return on tangible assets | 3.2% | −5.7% | −25.9% | −46.7% | −71.7% | −4.7% | −2.4% | −23.3% | −19.8% | −35.8% |
| Free cash flow margin | 15.4% | 13.0% | −3.2% | −16.8% | −65.8% | −12.2% | 12.0% | −20.9% | 5.0% | −13.2% |
| Income quality (OCF / net income) | 6.13 | — | — | — | — | — | — | — | — | — |
| Financial health | ||||||||||
| Total debt | $1.71B | $1.98B | $2.08B | $2.36B | $2.37B | $1.51B | $545.1M | $147.1M | $51.4M | $3.1M |
| Cash & short-term investments | $49.8M | $1.04B | $697.6M | $813.9M | $1.25B | $1.61B | $1.75B | $378.1M | $150.6M | $155.0M |
| Net debt | $1.66B | $937.1M | $1.38B | $1.55B | $1.12B | −$94.7M | −$1.21B | −$231.0M | −$99.2M | −$151.9M |
| Debt / equity | — | — | — | — | 4.00 | 0.86 | 0.32 | 0.37 | — | 0.02 |
| Debt / assets | 0.83 | 0.93 | 0.95 | 0.85 | 0.59 | 0.34 | 0.18 | 0.17 | 0.19 | 0.02 |
| Net debt / EBITDA | 7.03 | 8.63 | — | — | — | — | — | — | — | — |
| Current ratio | 2.84 | 1.79 | 1.85 | 2.15 | 2.38 | 2.27 | 2.80 | 2.00 | 1.20 | 2.85 |
| Quick ratio | 2.68 | 1.53 | 1.37 | 1.47 | 1.38 | 1.51 | 2.48 | 1.53 | 1.05 | 2.60 |
| Interest coverage | 1.5 | -0.3 | -4.7 | -12.3 | -63.6 | -12.7 | -40.4 | -118.9 | -158.3 | -235.7 |
| Working capital | $964.4M | $633.7M | $580.8M | $877.7M | $1.53B | $1.58B | $1.39B | $290.9M | $33.6M | $117.5M |
| Invested capital | $1.52B | $523.4M | $861.9M | $1.25B | $1.71B | $1.66B | $468.1M | $171.5M | −$414.8M | −$27.3M |
| Tangible asset value | −$195.4M | −$460.6M | −$575.3M | −$361.9M | $510.5M | $1.30B | $1.62B | $378.7M | −$344.3M | $124.6M |
| Net current asset value | −$706.2M | −$1.10B | −$1.44B | −$1.43B | −$801.0M | $86.6M | $854.8M | $119.7M | −$383.0M | $107.0M |
| Graham net-net per share | −$3.92 | −$3.39 | −$4.83 | −$5.53 | −$4.86 | −$2.05 | $2.71 | −$0.01 | −$1.78 | $0.39 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | — | — | $21.7M | — | — | — | — |
| Share buybacks (net) | $2.2M | — | — | — | — | $53.9M | $0 | $130.3M | $0 | $170.0M |
| Dividends + buybacks / free cash flow | 0.6% | — | — | — | — | — | 0.0% | — | 0.0% | — |
| Capex / revenue | 0.4% | 0.4% | 0.7% | 2.9% | 9.4% | 6.3% | 8.6% | 9.1% | 6.4% | 4.7% |
| Capex / operating cash flow | 2.6% | 2.8% | — | — | — | — | 41.6% | — | 56.3% | — |
| Capex / depreciation | 0.17 | 0.10 | 0.18 | 0.66 | 2.36 | 3.95 | 3.89 | 3.82 | 4.24 | 2.76 |
| Stock-based compensation / revenue | 8.1% | 9.2% | 11.5% | 14.5% | 9.2% | 4.8% | 4.9% | 9.8% | 2.0% | 4.7% |
| R&D / revenue | 9.9% | 9.4% | 11.3% | 11.4% | 10.0% | 6.2% | 4.9% | 6.0% | 5.4% | 5.9% |
| SG&A / revenue | 33.5% | 38.1% | 48.1% | 48.0% | 53.2% | 34.6% | 45.4% | 58.0% | 49.1% | 60.2% |
| Efficiency | ||||||||||
| Days sales outstanding | 13.7 | 15.0 | 13.6 | 11.8 | 7.9 | 4.8 | 5.3 | 5.6 | 5.5 | 6.3 |
| Days of inventory on hand | 45.2 | 79.9 | 104.2 | 158.5 | 129.2 | 84.0 | 70.4 | 55.6 | 30.5 | 39.6 |
| Days payables outstanding | 18.9 | 22.7 | 19.8 | 16.5 | 28.9 | 35.6 | 42.1 | 41.3 | 27.1 | 21.2 |
| Cash conversion cycle (days) | 39.9 | 72.2 | 98.0 | 153.8 | 108.2 | 53.2 | 33.6 | 19.9 | 8.9 | 24.8 |
| Receivables turnover | 26.63 | 24.32 | 26.90 | 30.98 | 46.22 | 75.88 | 68.77 | 65.59 | 65.91 | 57.53 |
| Payables turnover | 19.29 | 16.07 | 18.44 | 22.10 | 12.61 | 10.27 | 8.67 | 8.83 | 13.45 | 17.23 |
| Inventory turnover | 8.08 | 4.57 | 3.50 | 2.30 | 2.83 | 4.35 | 5.19 | 6.56 | 11.97 | 9.22 |
| Asset turnover | 1.17 | 1.16 | 1.09 | 0.82 | 0.84 | 1.08 | 0.95 | 1.61 | 1.85 | 1.10 |
| Average receivables | $91.8M | $102.4M | $100.4M | $90.4M | $77.5M | $53.0M | $26.6M | $13.9M | $6.6M | $3.8M |
| Average payables | $60.1M | $76.0M | $81.0M | $84.8M | $228.7M | $250.1M | $114.0M | $60.1M | $18.2M | $8.4M |
| Average inventory | $143.4M | $267.6M | $426.1M | $813.5M | $1.02B | $590.8M | $190.6M | $81.0M | $20.5M | $15.7M |
| Intangibles / total assets | 2.7% | 2.2% | 2.6% | 2.4% | 2.0% | 10.2% | 1.8% | 2.8% | 10.6% | 0.0% |
Computed from PTON's annual financial statements (latest annual report filed August 6, 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.
PTON valuation and financial ratios
At the end of fiscal 2026 (June 30, 2026), Peloton Interactive traded at 48.7 times earnings. Based on the latest twelve months, the trailing P/E is 37.3 and the forward P/E is 4.3. Peloton Interactive earned a return on invested capital of 18.2% in fiscal 2026. It ended the year with $1.7 billion of debt and $49.8 million in cash and short-term investments, net debt of $1.7 billion. It returned $2.2 million to shareholders: $0 in dividends and $2.2 million in share buybacks, 1% of free cash flow. The share count rose 123.1% from 233.6M to 521.2M over 9 years.
See the PTON income statement, the PTON chart for price history, or the PTON stock overview for the latest quote and news.
PTON key metrics FAQ
What is Peloton Interactive's P/E ratio?
Peloton Interactive's trailing P/E ratio is 37.3 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 4.3. At the end of fiscal 2026 it was 48.7.
What is Peloton Interactive's EV/EBITDA?
Peloton Interactive's enterprise value was 20.1 times EBITDA at the end of fiscal 2026 (enterprise value $4.7 billion, EBITDA $236.1 million); the current EV/EBITDA is 10.7.
What is Peloton Interactive's ROIC?
Peloton Interactive's return on invested capital was 18.2% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Peloton Interactive have?
Peloton Interactive had total debt of $1.7 billion at the end of fiscal 2026 and $1.7 billion of net debt (7.03 times EBITDA).
Does Peloton Interactive buy back its shares?
Yes. Peloton Interactive spent $2.2 million on net share repurchases in fiscal 2026 Shares outstanding changed +33.6% over the year, to 521.2M..
What is Peloton Interactive's free cash flow yield?
Peloton Interactive generated $377.7 million of free cash flow in fiscal 2026, a free cash flow yield of 12.3% on its market value at year-end ($3.1 billion).
What is Peloton Interactive's current ratio?
Peloton Interactive's current ratio was 2.84 at the end of fiscal 2026: current assets were 2.84 times current liabilities.