RideNow Group, Inc. (RDNW) Key Metrics
RDNW valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $187.6M
- Enterprise value
- $800.2M
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 0.2 10-yr median 0.1
- Price / book
- 2.5 10-yr median 1.4
- EV / EBITDA
- 16.4 10-yr median 17.6
- Dividend yield
- —
- Beta
- 1.29
RDNW key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsRDNW valuation Price multiples at each fiscal year-end price.
Price / sales+22.0%
0.2
2025 · hover or tap a bar for each year
20162025
EV / EBITDA−11.3%
17.6
2025 · hover or tap a bar for each year
20162025
Free cash flow yield−56.9 pts
−6.4%
2025 · hover or tap a bar for each year
20162025
RDNW returns How much profit the business earns on the capital it uses.
Return on invested capital+6.2 pts
4.6%
2025 · hover or tap a bar for each year
20162025
Return on assets+2.0 pts
−7.3%
2025 · hover or tap a bar for each year
20162025
Free cash flow margin−9.3 pts
−1.2%
2025 · hover or tap a bar for each year
20162025
Asset turnover+5.4%
1.52
2025 · hover or tap a bar for each year
20162025
RDNW per-share figures Results divided by the shares outstanding at year-end.
Revenue per share−16.7%
$28.49
2025 · hover or tap a bar for each year
20162025
Earnings per share
−$1.38
2025 · hover or tap a bar for each year
20162025
Free cash flow per share
−$0.35
2025 · hover or tap a bar for each year
20162025
Book value per share
−$0.33
2025 · hover or tap a bar for each year
20162025
Shares outstanding+7.4%
38.0M
2025 · hover or tap a bar for each year
20162025
RDNW financial health Debt, liquidity and how easily interest is covered.
Net debt−$55.9M
$524.5M
2025 · hover or tap a bar for each year
20162025
Net debt / EBITDA−2.34
12.58
2025 · hover or tap a bar for each year
20162025
Current ratio−1.4%
1.13
2025 · hover or tap a bar for each year
20162025
Interest coverage
0.6
2025 · hover or tap a bar for each year
20162025
Debt / assets−6.7%
0.82
2025 · hover or tap a bar for each year
20162025
RDNW efficiency & capital use Working capital cycle and where the cash goes.
Days sales outstanding−2 days
10 days
2025 · hover or tap a bar for each year
20162025
Days of inventory−5 days
115 days
2025 · hover or tap a bar for each year
20162025
Days payables outstanding+17 days
19 days
2025 · hover or tap a bar for each year
20162025
Cash conversion cycle−24 days
105 days
2025 · hover or tap a bar for each year
20162025
Capex / revenue+0.3 pts
0.5%
2025 · hover or tap a bar for each year
20162025
RDNW valuation history
Fiscal year-endToday10-year median
RDNW returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
RDNW debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
RDNW price vs earnings per share
Share price at year-endEPS (right axis)
RDNW key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $209.8M | $192.1M | $144.4M | $102.7M | — | — | — | — | — | — |
| Enterprise value | $734.3M | $772.5M | $857.1M | $804.9M | — | — | — | — | — | — |
| Price / sales | 0.2 | 0.2 | 0.1 | 0.1 | — | — | — | — | — | — |
| Price / book | — | 5.2 | 1.4 | 0.5 | — | — | — | — | — | — |
| Price / free cash flow | — | 2.0 | — | — | — | — | — | — | — | — |
| Price / operating cash flow | — | 1.9 | — | — | — | — | — | — | — | — |
| EV / sales | 0.7 | 0.6 | 0.6 | 0.6 | — | — | — | — | — | — |
| EV / EBITDA | 17.6 | 19.9 | — | 9.1 | — | — | — | — | — | — |
| EV / free cash flow | — | 8.0 | — | — | — | — | — | — | — | — |
| Earnings yield | −25.0% | −40.9% | −149.2% | −254.7% | — | — | — | — | — | — |
| Free cash flow yield | −6.4% | 50.5% | −53.9% | −30.7% | — | — | — | — | — | — |
| Share price at fiscal year-end | $5.52 | $5.43 | $8.14 | $6.47 | $41.52 | $30.20 | $16.52 | $107.60 | $103.90 | — |
| Per share | ||||||||||
| Revenue per share | $28.49 | $34.18 | $77.02 | $91.92 | — | — | — | — | — | — |
| Earnings per share | −$1.38 | −$2.22 | −$12.15 | −$16.48 | — | — | — | — | — | — |
| Operating cash flow per share | −$0.20 | $2.81 | −$3.49 | −$1.19 | — | — | — | — | — | — |
| Free cash flow per share | −$0.35 | $2.74 | −$4.39 | −$1.99 | — | — | — | — | — | — |
| Cash per share | $0.78 | $2.41 | $3.32 | $2.95 | — | — | — | — | — | — |
| Book value per share | −$0.33 | $1.04 | $5.95 | $12.98 | — | — | — | — | — | — |
| Tangible book value per share | −$3.67 | −$3.54 | −$5.51 | −$3.94 | — | — | — | — | — | — |
| Capex per share | $0.15 | $0.07 | $0.89 | $0.80 | — | — | — | — | — | — |
| Debt per share | $14.58 | $18.82 | $43.49 | $47.19 | — | — | — | — | — | — |
| Shares outstanding | 38.0M | 35.4M | 17.7M | 15.9M | — | — | — | — | — | — |
| Change in shares outstanding | +7.4% | +99.4% | +11.8% | — | — | — | — | — | — | — |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | — | −110.5% | −138.3% | −82.1% | −4.5% | −286.4% | −239.6% | −111.5% | −110.9% | −47.7% |
| Return on invested capital (ROIC) | 4.6% | −1.6% | −6.4% | 5.7% | −2.1% | −23.3% | −31.3% | −38.2% | −168.5% | — |
| Return on assets (ROA) | −7.3% | −9.3% | −22.1% | −25.2% | −1.7% | −26.3% | −47.1% | −39.6% | −87.7% | −32.0% |
| Return on tangible assets | −9.6% | −13.2% | −29.8% | −34.5% | −2.0% | −50.0% | −60.6% | −30.4% | −52.8% | −16.6% |
| Free cash flow margin | −1.2% | 8.0% | −5.7% | −2.2% | −4.9% | 3.6% | −5.1% | −16.4% | −147.2% | — |
| Financial health | ||||||||||
| Total debt | $554.0M | $665.7M | $771.6M | $749.0M | $522.4M | $59.1M | $88.7M | $67.3M | $2.5M | $1,282 |
| Cash & short-term investments | $29.5M | $85.3M | $58.9M | $46.8M | $49.0M | $1.5M | $49,660 | $9.1M | $9.2M | $1.4M |
| Net debt | $524.5M | $580.4M | $712.7M | $702.2M | $473.4M | $57.6M | $88.7M | $58.2M | −$6.6M | −$1.3M |
| Debt / equity | — | 18.14 | 7.31 | 3.64 | 1.21 | 12.93 | 6.89 | 2.19 | 0.18 | 0.00 |
| Debt / assets | 0.82 | 0.88 | 0.83 | 0.73 | 0.50 | 0.77 | 0.78 | 0.62 | 0.14 | 0.00 |
| Net debt / EBITDA | 12.58 | 14.92 | — | 7.93 | — | — | — | — | — | — |
| Current ratio | 1.13 | 1.14 | 1.22 | 1.48 | 1.64 | 1.06 | 1.00 | 1.12 | 5.62 | 6.17 |
| Quick ratio | 0.26 | 0.40 | 0.34 | 0.44 | 0.54 | 0.46 | 0.22 | 0.37 | 4.38 | 6.17 |
| Interest coverage | 0.6 | -0.2 | -0.9 | 1.3 | -0.8 | -3.7 | -5.3 | -13.1 | -13.4 | -18.2 |
| Working capital | $38.2M | $47.0M | $85.8M | $149.1M | $117.7M | $2.3M | $105,785 | $8.2M | $10.6M | $1.1M |
| Invested capital | $512.0M | $617.1M | $818.3M | $908.2M | $904.7M | $62.2M | $101.6M | $89.0M | $7.7M | −$255,857 |
| Tangible asset value | −$139.5M | −$125.2M | −$97.7M | −$62.5M | −$131.7M | −$22.4M | −$14.0M | $4.6M | $12.5M | $1.0M |
| Net current asset value | −$351.4M | −$347.1M | −$339.9M | −$360.4M | −$312.4M | −$34.7M | −$26.7M | −$569,695 | $9.1M | $1.0M |
| Graham net-net per share | −$13.32 | −$13.85 | −$31.02 | −$37.28 | — | — | — | — | — | — |
| Capital allocation | ||||||||||
| Capex / revenue | 0.5% | 0.2% | 1.2% | 0.9% | 1.0% | 0.6% | 0.4% | 1.4% | 15.5% | — |
| Capex / operating cash flow | — | 2.4% | — | — | — | 13.5% | — | — | — | — |
| Capex / depreciation | 0.64 | 0.17 | 0.72 | 0.55 | 1.57 | 1.08 | 1.79 | 2.20 | 1.69 | 23.96 |
| Stock-based compensation / revenue | 0.2% | 0.4% | 0.9% | 0.6% | 3.1% | 0.7% | 0.5% | 1.1% | 6.9% | — |
| R&D / revenue | 0.1% | 0.1% | 0.4% | 0.2% | 0.2% | 0.3% | 0.3% | 0.7% | 6.2% | — |
| SG&A / revenue | 23.5% | 22.6% | 25.0% | 24.1% | 17.3% | 12.5% | 10.0% | 21.7% | 97.6% | — |
| Efficiency | ||||||||||
| Days sales outstanding | 10.0 | 12.2 | 10.5 | 8.5 | 9.7 | 7.8 | 3.7 | 10.6 | 28.8 | — |
| Days of inventory on hand | 114.5 | 119.9 | 121.7 | 71.5 | 52.4 | 37.3 | 25.3 | 69.9 | 147.2 | — |
| Days payables outstanding | 19.2 | 2.6 | 3.8 | 3.2 | 4.1 | 7.6 | 3.8 | 10.9 | 34.1 | 21,890.4 |
| Cash conversion cycle (days) | 105.3 | 129.5 | 128.4 | 76.8 | 58.0 | 37.6 | 25.2 | 69.5 | 141.9 | — |
| Receivables turnover | 36.45 | 29.93 | 34.90 | 42.80 | 37.71 | 46.55 | 99.20 | 34.59 | 12.66 | — |
| Payables turnover | 19.01 | 138.74 | 96.78 | 113.01 | 89.57 | 47.97 | 97.18 | 33.35 | 10.70 | 0.02 |
| Inventory turnover | 3.19 | 3.04 | 3.00 | 5.11 | 6.96 | 9.77 | 14.42 | 5.23 | 2.48 | — |
| Asset turnover | 1.52 | 1.44 | 1.40 | 1.41 | 1.67 | 4.37 | 7.56 | 2.46 | 0.75 | 0.00 |
| Average receivables | $29.7M | $40.4M | $39.1M | $34.1M | $24.8M | $8.9M | $8.5M | $4.5M | $577,107 | — |
| Average payables | $41.8M | $6.5M | $10.4M | $11.9M | $8.7M | $8.0M | $8.1M | $4.3M | $656,706 | $113,950 |
| Average inventory | $249.0M | $294.1M | $335.5M | $262.6M | $111.5M | $39.4M | $54.8M | $27.5M | $2.8M | — |
| Intangibles / total assets | 18.9% | 21.4% | 21.9% | 26.1% | 53.9% | 35.0% | 23.8% | 24.1% | 10.5% | 3.3% |
Computed from RDNW's annual financial statements (latest annual report filed March 13, 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.
RDNW valuation and financial ratios
RideNow earned a return on invested capital of 4.6% in fiscal 2025. It ended the year with $554.0 million of debt and $29.5 million in cash and short-term investments, net debt of $524.5 million.
See the RDNW income statement, the RDNW chart for price history, or the RDNW stock overview for the latest quote and news.
RDNW key metrics FAQ
What is RideNow's EV/EBITDA?
RideNow's enterprise value was 17.6 times EBITDA at the end of fiscal 2025 (enterprise value $734.3 million, EBITDA $41.7 million); the current EV/EBITDA is 16.4.
What is RideNow's ROIC?
RideNow's return on invested capital was 4.6% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does RideNow have?
RideNow had total debt of $554.0 million at the end of fiscal 2025 and $524.5 million of net debt (12.58 times EBITDA).
What is RideNow's free cash flow yield?
RideNow generated -$13.4 million of free cash flow in fiscal 2025, a free cash flow yield of −6.4% on its market value at year-end ($209.8 million).
What is RideNow's current ratio?
RideNow's current ratio was 1.13 at the end of fiscal 2025: current assets were 1.13 times current liabilities.