Upstart Holdings Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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 Cap	2,433	4,287	5,755	3,527	1,074	12,658
Market Cap Growth	-46.50%	-25.51%	63.15%	228.36%	-91.51%	323.68%
Enterprise Value	3,672	5,485	6,419	4,262	1,739	12,467
Last Close Price	25.65	43.73	61.57	40.86	13.22	151.30
PE Ratio	56.57	97.18	-42.76	-14.24	-10.09	105.80
Forward PE	11.31	19.68	292.91	-	-	72.48
PEG Ratio	0.28	2.23	2.23	2.23	-	0.41
PS Ratio	2.26	4.11	9.04	6.87	1.28	14.92
PB Ratio	3.15	5.37	9.09	5.55	1.60	15.68
P/TBV Ratio	3.36	5.89	8.70	5.39	1.63	17.77
P/FCF Ratio	-	-28.95	31.02	-31.15	-1.61	79.15
P/OCF Ratio	-	-29.02	30.89	-31.58	-1.63	75.19
EV/Sales Ratio	3.41	5.25	10.08	8.30	2.06	14.69
EV/EBITDA Ratio	37.04	81.30	-42.14	-18.40	-17.33	84.00
EV/EBIT Ratio	49.42	128.66	-37.13	-16.61	-15.27	88.49
EV/FCF Ratio	-	-37.04	34.60	-37.64	-2.61	77.95
Debt / Equity Ratio	2.32	2.32	2.29	1.74	1.62	0.99
Debt / EBITDA Ratio	27.43	27.43	-9.54	-4.76	-10.83	5.36
Debt / FCF Ratio	-12.50	-12.50	7.83	-9.74	-1.63	4.98
Net Debt / Equity Ratio	1.50	1.50	1.05	1.16	0.99	-0.24
Net Debt / EBITDA Ratio	17.76	17.76	-4.36	-3.17	-6.62	-1.29
Net Debt / FCF Ratio	-8.09	-8.09	3.58	-6.48	-1.00	-1.19
Asset Turnover	0.39	0.39	0.29	0.26	0.45	0.74
Quick Ratio	2.00	2.00	2.80	1.32	2.39	4.53
Current Ratio	3.25	3.25	3.47	1.68	3.02	5.47
Return on Equity (ROE)	7.49%	7.49%	-20.27%	-36.72%	-14.69%	24.46%
Return on Assets (ROA)	1.57%	1.57%	-7.90%	-12.98%	-6.04%	12.42%
Return on Invested Capital (ROIC)	2.34%	2.34%	-11.50%	-17.15%	-10.54%	31.68%
Return on Capital Employed (ROCE)	1.80%	1.80%	-9.04%	-14.67%	-6.77%	14.19%
Earnings Yield	2.20%	1.03%	-2.34%	-7.02%	-9.91%	0.95%
FCF Yield	-6.09%	-3.45%	3.22%	-3.21%	-62.06%	1.26%
Buyback Yield / Dilution	-20.17%	-20.17%	-6.79%	-1.20%	12.66%	-441.14%
Total Shareholder Return	-20.17%	-20.17%	-6.79%	-1.20%	12.66%	-441.14%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q