Weibo Corporation (WB) Key Metrics

NASDAQ: WBValuation, returns, debt and efficiency ratios over 10 years.

WB valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$1.59B
Enterprise value
$859.6M
P/E (TTM)
5.4
10-yr median 22.5
Forward P/E
6.9
PEG ratio
4.85
Price / sales
0.9
10-yr median 4.3
Price / book
0.4
10-yr median 2.7
EV / EBITDA
1.4
10-yr median 14.6
Dividend yield
6.04%
$0.61 a year
Beta
0.14

WB key metrics, 2016–2025

Fiscal year ended December 31, 2025 · U.S. dollars

WB valuation Price multiples at each fiscal year-end price.

P/E ratio−27.6%
6.1
2025 · hover or tap a bar for each year
2016: 83.8 (−31.5%)2017: 66.1 (−21.0%)2018: 23.8 (−64.0%)2019: 21.2 (−10.8%)2020: 29.8 (+40.4%)2021: 16.7 (−44.1%)2022: 52.8 (+217.3%)2023: 7.7 (−85.5%)2024: 8.4 (+9.8%)2025: 6.1 (−27.6%)
20162025
Price / sales+7.9%
1.6
2025 · hover or tap a bar for each year
2016: 13.8 (+55.2%)2017: 20.3 (+46.9%)2018: 7.9 (−61.0%)2019: 5.9 (−24.9%)2020: 5.5 (−7.0%)2021: 3.2 (−42.8%)2022: 2.5 (−22.1%)2023: 1.5 (−39.3%)2024: 1.4 (−3.3%)2025: 1.6 (+7.9%)
20162025
Price / book−3.7%
0.7
2025 · hover or tap a bar for each year
2016: 12.0 (+75.5%)2017: 19.5 (+62.5%)2018: 7.8 (−60.1%)2019: 4.6 (−40.9%)2020: 3.3 (−27.9%)2021: 2.0 (−40.2%)2022: 1.4 (−31.6%)2023: 0.8 (−43.0%)2024: 0.7 (−5.9%)2025: 0.7 (−3.7%)
20162025
EV / EBITDA−5.5%
3.3
2025 · hover or tap a bar for each year
2016: 56.9 (−15.1%)2017: 51.9 (−8.8%)2018: 18.5 (−64.3%)2019: 14.8 (−20.2%)2020: 17.6 (+19.3%)2021: 9.5 (−46.0%)2022: 14.4 (+51.8%)2023: 3.0 (−79.0%)2024: 3.5 (+15.2%)2025: 3.3 (−5.5%)
20162025
Price / free cash flow+31.4%
5.8
2025 · hover or tap a bar for each year
2016: 40.6 (+63.4%)2017: 45.0 (+10.8%)2018: 29.6 (−34.2%)2019: 17.2 (−41.8%)2020: 13.2 (−23.3%)2021: 11.0 (−16.4%)2022: 12.3 (+11.5%)2023: 4.1 (−66.4%)2024: 4.4 (+6.0%)2025: 5.8 (+31.4%)
20162025
Free cash flow yield−5.5 pts
17.4%
2025 · hover or tap a bar for each year
2016: 2.5% (−1.6 pts)2017: 2.2% (−0.2 pts)2018: 3.4% (+1.2 pts)2019: 5.8% (+2.4 pts)2020: 7.6% (+1.8 pts)2021: 9.1% (+1.5 pts)2022: 8.1% (−0.9 pts)2023: 24.2% (+16.1 pts)2024: 22.8% (−1.4 pts)2025: 17.4% (−5.5 pts)
20162025

WB valuation history

Fiscal year-endToday10-year median

WB returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

WB debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

WB cash returned to shareholders

DividendsBuybacksFree cash flow

WB price vs earnings per share

Share price at year-endEPS (right axis)

WB key metrics

2016–2025
Weibo Corporation key metrics by fiscal year
2025202420232022202120202019201820172016
Valuation
Market capitalization$2.74B$2.53B$2.63B$4.52B$7.13B$9.33B$10.49B$13.60B$23.32B$9.05B
Enterprise value$2.25B$2.09B$2.11B$3.84B$6.49B$8.27B$9.78B$13.03B$22.65B$8.81B
P/E ratio6.18.47.752.816.729.821.223.866.183.8
Price / sales1.61.41.52.53.25.55.97.920.313.8
Price / book0.70.70.81.42.03.34.67.819.512.0
Price / free cash flow5.84.44.112.311.013.217.229.645.040.6
Price / operating cash flow5.34.03.98.08.812.616.627.943.238.3
EV / sales1.31.21.22.12.94.95.57.619.713.4
EV / EBITDA3.33.53.014.49.517.614.818.551.956.9
EV / free cash flow4.73.63.310.410.011.716.028.343.739.5
Earnings yield16.4%11.9%13.0%1.9%6.0%3.4%4.7%4.2%1.5%1.2%
Free cash flow yield17.4%22.8%24.2%8.1%9.1%7.6%5.8%3.4%2.2%2.5%
Dividend yield7.1%7.7%7.6%0.0%0.0%—————
Shareholder yield (dividends + buybacks)7.1%7.7%7.6%1.5%0.0%0.0%0.0%0.0%0.0%0.0%
Share price at fiscal year-end$10.22$9.55$10.95$19.12$30.98$40.99$46.35$58.43$103.46$40.60
Per share
Revenue per share$6.56$6.62$7.33$7.77$9.80$7.42$7.80$7.39$5.10$2.94
Earnings per share$1.68$1.13$1.43$0.36$1.86$1.38$2.18$2.46$1.56$0.48
Operating cash flow per share$1.93$2.41$2.80$2.39$3.54$3.26$2.79$2.10$2.39$1.06
Free cash flow per share$1.78$2.18$2.65$1.55$2.81$3.11$2.69$1.98$2.30$1.00
Cash per share$8.96$8.86$13.44$13.41$13.62$15.36$10.62$7.85$7.95$1.78
Book value per share$14.60$13.13$14.16$14.09$15.61$12.35$10.08$7.51$5.30$3.38
Tangible book value per share$13.61$12.11$12.91$13.05$14.32$11.44$9.87$7.30$5.24$3.33
Dividends per share$0.73$0.73$0.83$0.00$0.00—————
Capex per share$0.16$0.23$0.15$0.83$0.73$0.15$0.10$0.12$0.09$0.06
Debt per share$7.10$7.18$11.27$10.52$10.84$10.70$7.45$5.41$4.98$0.71
Shares outstanding268.6M265.2M240.0M236.4M230.2M227.6M226.4M232.7M225.4M222.9M
Change in shares outstanding+1.3%+10.5%+1.5%+2.7%+1.1%+0.5%−2.7%+3.2%+1.1%+2.3%
Returns & profitability
Return on equity (ROE)12.2%8.7%10.2%2.5%13.4%12.3%24.5%38.9%36.2%15.7%
Return on invested capital (ROIC)11.0%12.3%12.2%13.1%22.2%25.6%35.6%61.1%65.7%33.8%
Return on assets (ROA)6.6%4.4%4.8%1.2%6.2%5.6%12.2%19.6%19.6%11.5%
Return on tangible assets6.6%4.8%4.9%1.2%5.9%5.1%10.4%17.7%13.8%10.5%
Free cash flow margin27.1%33.0%36.1%20.0%28.6%41.8%34.5%26.7%45.1%34.0%
Income quality (OCF / net income)1.152.131.966.591.902.371.280.851.532.19
Financial health
Total debt$1.91B$1.91B$2.71B$2.49B$2.49B$2.44B$1.69B$1.26B$1.12B$158.9M
Cash & short-term investments$2.41B$2.35B$3.23B$3.17B$3.13B$3.50B$2.40B$1.83B$1.79B$396.0M
Net debt−$499.1M−$445.0M−$520.1M−$684.2M−$639.8M−$1.06B−$717.3M−$566.3M−$669.4M−$237.0M
Debt / equity0.490.550.800.750.690.870.740.720.940.21
Debt / assets0.270.290.370.350.330.380.350.380.440.15
Net debt / EBITDA−0.73−0.74−0.75−2.57−0.94−2.26−1.08−0.80−1.53−1.53
Current ratio3.393.612.513.732.225.044.543.924.222.15
Quick ratio3.393.612.503.732.225.044.543.924.222.15
Interest coverage5.74.73.96.79.88.820.039.697.116.1
Working capital$2.52B$2.52B$2.72B$3.33B$2.64B$3.88B$2.84B$1.84B$1.56B$319.1M
Invested capital$3.42B$3.04B$2.88B$2.65B$2.95B$1.75B$1.56B$1.18B$525.4M$516.2M
Tangible asset value$3.74B$3.31B$3.22B$3.15B$3.39B$2.68B$2.24B$1.70B$1.18B$746.0M
Net current asset value$493.2M$566.2M$750.0M$813.3M$971.3M$1.39B$1.11B$942.6M$681.3M$317.7M
Graham number$23.47$18.30$21.33$10.71$25.56$19.56$22.26$20.38$13.66$6.07
Graham net-net per share$0.51$0.71$1.45$1.58$2.11$4.30$2.15$2.67$2.51$0.98
Capital allocation
Dividends paid$195.6M$194.4M$200.1M$0$0—————
Share buybacks (net)—$0$0$66.1M$0$0$0$0$0$0
Dividend payout ratio43.5%64.6%58.4%0.0%0.0%—————
Dividends + buybacks / free cash flow41.0%33.6%31.5%18.0%0.0%0.0%0.0%0.0%0.0%0.0%
Capex / revenue2.4%3.5%2.1%10.7%7.4%2.1%1.2%1.6%1.8%2.0%
Capex / operating cash flow8.2%9.6%5.5%34.9%20.6%4.7%3.4%5.8%3.8%5.6%
Capex / depreciation0.580.860.512.972.740.970.741.431.330.95
Stock-based compensation / revenue2.4%4.0%5.7%6.1%3.9%4.0%3.5%2.4%4.2%5.6%
R&D / revenue18.5%17.6%19.0%22.6%19.1%19.2%16.1%14.5%16.8%23.5%
SG&A / revenue31.0%33.2%32.9%28.9%32.1%33.0%31.5%33.2%27.6%28.9%
Efficiency
Days sales outstanding217.9227.4251.2281.3227.9221.3127.965.651.070.9
Days of inventory on hand——6.90.00.0——0.0—0.0
Days payables outstanding175.8158.0157.3163.4156.9166.5138.7170.0145.295.3
Cash conversion cycle (days)42.169.4100.9117.971.154.7-10.9-104.5-94.2-24.4
Receivables turnover1.681.601.451.301.601.652.855.577.165.15
Payables turnover2.082.312.322.232.332.192.632.152.513.83
Inventory turnover——52.75400,585,000.00403,841,000.00——277,648,000.00—171,231,000.00
Asset turnover0.260.250.240.250.330.300.440.590.640.70
Average receivables$1.05B$1.09B$1.21B$1.42B$1.41B$1.02B$618.9M$308.6M$160.5M$127.4M
Average payables$203.7M$160.0M$161.3M$179.3M$173.6M$137.9M$125.0M$129.3M$92.0M$44.7M
Average inventory——$7.1M$1$1——$1—$1
Intangibles / total assets3.7%4.2%4.1%3.4%4.0%3.3%1.0%1.5%0.5%1.1%

Computed from WB's annual financial statements (latest annual report filed April 23, 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.

WB valuation and financial ratios

At the end of fiscal 2025 (December 31, 2025), Weibo traded at 6.1 times earnings, against a 10-year median of 22.5. Based on the latest twelve months, the trailing P/E is 5.4 and the forward P/E is 6.9. Weibo earned a return on equity of 12.2% and a return on invested capital of 11.0% in fiscal 2025. It ended the year with $1.9 billion of debt and $2.4 billion in cash and short-term investments, a net cash position of $499.1 million. It returned $195.6 million to shareholders: $195.6 million in dividends and $0 in share buybacks, 41% of free cash flow. The share count rose 20.5% from 222.9M to 268.6M over 9 years.

See the WB income statement, the WB chart for price history, or the WB stock overview for the latest quote and news.

WB key metrics FAQ

What is Weibo's P/E ratio?

Weibo's trailing P/E ratio is 5.4 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 6.9. At the end of fiscal 2025 it was 6.1, compared with a 10-year median of 22.5.

What is Weibo's EV/EBITDA?

Weibo's enterprise value was 3.3 times EBITDA at the end of fiscal 2025 (enterprise value $2.2 billion, EBITDA $680.4 million); the current EV/EBITDA is 1.4.

What is Weibo's return on equity?

Weibo's return on equity (ROE) was 12.2% in fiscal 2025: net income of $450.2 million on average shareholders' equity of $3.7 billion.

What is Weibo's ROIC?

Weibo's return on invested capital was 11.0% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does Weibo have?

Weibo had total debt of $1.9 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.49 and more cash than debt.

What is Weibo's dividend yield?

Weibo's forward dividend yield is 6.04%. Weibo paid $195.6 million in dividends in fiscal 2025 ($0.73 per share), a payout ratio of 43.5%.

What is Weibo's free cash flow yield?

Weibo generated $477.1 million of free cash flow in fiscal 2025, a free cash flow yield of 17.4% on its market value at year-end ($2.7 billion).

What is Weibo's current ratio?

Weibo's current ratio was 3.39 at the end of fiscal 2025: current assets were 3.39 times current liabilities.

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