Upwork Statistics
Total Valuation
Upwork has a market cap or net worth of $1.52 billion. The enterprise value is $1.39 billion.
| Market Cap | 1.52B |
| Enterprise Value | 1.39B |
Important Dates
The next confirmed earnings date is Wednesday, August 7, 2024, after market close.
| Earnings Date | Aug 7, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Upwork has 132.58 million shares outstanding. The number of shares has increased by 5.66% in one year.
| Shares Outstanding | 132.58M |
| Shares Change (YoY) | +5.66% |
| Shares Change (QoQ) | +7.57% |
| Owned by Insiders (%) | 7.15% |
| Owned by Institutions (%) | 77.70% |
| Float | 123.38M |
Valuation Ratios
The trailing PE ratio is 33.65 and the forward PE ratio is 11.58. Upwork's PEG ratio is 0.62.
| PE Ratio | 33.65 |
| Forward PE | 11.58 |
| PS Ratio | 2.11 |
| Forward PS | 1.87 |
| PB Ratio | 4.35 |
| P/FCF Ratio | 53.36 |
| PEG Ratio | 0.62 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 21.87, with an EV/FCF ratio of 48.83.
| EV / Earnings | 28.82 |
| EV / Sales | 1.93 |
| EV / EBITDA | 21.87 |
| EV / EBIT | 27.99 |
| EV / FCF | 48.83 |
Financial Position
The company has a current ratio of 2.93, with a Debt / Equity ratio of 1.04.
| Current Ratio | 2.93 |
| Quick Ratio | 2.09 |
| Debt / Equity | 1.04 |
| Debt / EBITDA | 5.70 |
| Debt / FCF | 12.73 |
| Interest Coverage | -45.04 |
Financial Efficiency
Return on equity (ROE) is 14.00% and return on invested capital (ROIC) is 3.59%.
| Return on Equity (ROE) | 14.00% |
| Return on Assets (ROA) | 4.90% |
| Return on Capital (ROIC) | 3.59% |
| Revenue Per Employee | $899,019 |
| Profits Per Employee | $60,203 |
| Employee Count | 800 |
| Asset Turnover | 0.73 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Upwork has paid $2.52 million in taxes.
| Income Tax | 2.52M |
| Effective Tax Rate | 4.98% |
Stock Price Statistics
The stock price has increased by +8.23% in the last 52 weeks. The beta is 1.57, so Upwork's price volatility has been higher than the market average.
| Beta (5Y) | 1.57 |
| 52-Week Price Change | +8.23% |
| 50-Day Moving Average | 11.07 |
| 200-Day Moving Average | 12.51 |
| Relative Strength Index (RSI) | 55.62 |
| Average Volume (20 Days) | 1,865,695 |
Short Selling Information
The latest short interest is 12.76 million, so 9.62% of the outstanding shares have been sold short.
| Short Interest | 12.76M |
| Short Previous Month | 14.81M |
| Short % of Shares Out | 9.62% |
| Short % of Float | 10.34% |
| Short Ratio (days to cover) | 6.85 |
Income Statement
In the last 12 months, Upwork had revenue of $719.22 million and earned $48.16 million in profits. Earnings per share was $0.34.
| Revenue | 719.22M |
| Gross Profit | 545.00M |
| Operating Income | 26.83M |
| Pretax Income | 50.69M |
| Net Income | 48.16M |
| EBITDA | 63.47M |
| EBIT | 49.59M |
| Earnings Per Share (EPS) | $0.34 |
Balance Sheet
The company has $490.61 million in cash and $361.86 million in debt, giving a net cash position of $128.75 million or $0.97 per share.
| Cash & Cash Equivalents | 490.61M |
| Total Debt | 361.86M |
| Net Cash | 128.75M |
| Net Cash Per Share | $0.97 |
| Equity (Book Value) | 348.88M |
| Book Value Per Share | 2.63 |
| Working Capital | 558.53M |
Cash Flow
In the last 12 months, operating cash flow was $41.58 million and capital expenditures -$13.16 million, giving a free cash flow of $28.42 million.
| Operating Cash Flow | 41.58M |
| Capital Expenditures | -13.16M |
| Free Cash Flow | 28.42M |
| FCF Per Share | $0.21 |
Margins
Gross margin is 75.78%, with operating and profit margins of 3.73% and 6.70%.
| Gross Margin | 75.78% |
| Operating Margin | 3.73% |
| Pretax Margin | 7.05% |
| Profit Margin | 6.70% |
| EBITDA Margin | 8.83% |
| EBIT Margin | 6.89% |
| FCF Margin | 3.95% |
Dividends & Yields
Upwork does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -5.66% |
| Shareholder Yield | -5.66% |
| Earnings Yield | 3.18% |
| FCF Yield | 1.87% |
Analyst Forecast
The average price target for Upwork is $17.20, which is 50.35% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $17.20 |
| Price Target Difference | 50.35% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 10 |
| Revenue Growth Forecast (5Y) | 12.61% |
| EPS Growth Forecast (5Y) | 127.65% |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
Upwork has an Altman Z-Score of 2.56 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.56 |
| Piotroski F-Score | 6 |