Upwork Ratios and Metrics

Market cap in millions MXN. Fiscal year is January - December.

Millions MXN. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 26, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	29,752	46,621	45,539	34,217	26,747	89,802
Market Cap Growth	-35.24%	2.38%	33.09%	27.93%	-70.22%	7.10%
Enterprise Value	24,506	41,724	40,711	31,067	24,929	87,507
Last Close Price	326.93	370.00	355.00	186.00	255.00	690.00
PE Ratio	14.32	22.44	10.14	43.17	-	-
PS Ratio	2.10	3.29	2.84	2.94	2.22	8.71
PB Ratio	2.62	4.11	3.80	5.31	5.51	16.88
P/TBV Ratio	3.72	5.83	4.95	7.79	10.50	31.00
P/FCF Ratio	6.82	10.68	14.57	38.91	133.79	446.58
P/OCF Ratio	6.66	10.43	14.23	38.40	119.27	404.25
EV/Sales Ratio	1.79	2.94	2.54	2.67	2.07	8.49
EV/EBITDA Ratio	9.60	15.94	21.99	-	-	-
EV/EBIT Ratio	10.54	17.33	23.22	-	-	-
EV/FCF Ratio	5.61	9.56	13.02	35.33	124.70	435.16
Debt / Equity Ratio	0.59	0.59	0.64	0.96	2.34	2.25
Debt / EBITDA Ratio	2.53	2.53	3.98	-	-	-
Debt / FCF Ratio	1.53	1.53	2.46	7.00	56.78	59.58
Net Debt / Equity Ratio	-0.48	-0.48	-0.44	-0.49	-0.42	-0.39
Net Debt / EBITDA Ratio	-2.07	-2.07	-2.85	22.36	1.17	2.44
Net Debt / FCF Ratio	-1.24	-1.24	-1.69	-3.57	-10.21	-10.24
Asset Turnover	0.63	0.63	0.68	0.65	0.57	0.62
Quick Ratio	1.15	1.15	2.60	2.23	3.03	3.22
Current Ratio	1.46	1.46	3.39	3.02	3.76	3.98
Return on Equity (ROE)	19.15%	19.15%	45.08%	14.89%	-35.36%	-20.13%
Return on Assets (ROA)	6.66%	6.66%	4.68%	-0.66%	-5.36%	-3.53%
Return on Invested Capital (ROIC)	29.43%	30.95%	32.51%	-6.36%	-61.07%	-28.09%
Return on Capital Employed (ROCE)	20.60%	20.60%	8.90%	-1.50%	-11.10%	-5.40%
Earnings Yield	6.98%	4.46%	9.87%	2.32%	-6.55%	-1.28%
FCF Yield	14.67%	9.36%	6.87%	2.57%	0.75%	0.22%
Buyback Yield / Dilution	1.74%	1.74%	-4.29%	-5.17%	-2.64%	-7.13%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.