Upwork Statistics
Total Valuation
Upwork has a market cap or net worth of $2.14 billion. The enterprise value is $1.91 billion.
| Market Cap | 2.14B |
| Enterprise Value | 1.91B |
Important Dates
The next estimated earnings date is Wednesday, February 12, 2025, after market close.
| Earnings Date | Feb 12, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
Upwork has 133.67 million shares outstanding. The number of shares has increased by 5.17% in one year.
| Current Share Class | 133.67M |
| Shares Outstanding | 133.67M |
| Shares Change (YoY) | +5.17% |
| Shares Change (QoQ) | +0.74% |
| Owned by Insiders (%) | 7.23% |
| Owned by Institutions (%) | 74.70% |
| Float | 116.67M |
Valuation Ratios
The trailing PE ratio is 25.81 and the forward PE ratio is 13.96.
| PE Ratio | 25.81 |
| Forward PE | 13.96 |
| PS Ratio | 2.82 |
| Forward PS | 2.74 |
| PB Ratio | 5.20 |
| P/TBV Ratio | 7.36 |
| P/FCF Ratio | 15.57 |
| P/OCF Ratio | 15.33 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 29.90, with an EV/FCF ratio of 13.89.
| EV / Earnings | 22.27 |
| EV / Sales | 2.51 |
| EV / EBITDA | 29.90 |
| EV / EBIT | 31.82 |
| EV / FCF | 13.89 |
Financial Position
The company has a current ratio of 3.18, with a Debt / Equity ratio of 0.90.
| Current Ratio | 3.18 |
| Quick Ratio | 2.36 |
| Debt / Equity | 0.90 |
| Debt / EBITDA | 5.42 |
| Debt / FCF | 2.68 |
| Interest Coverage | 85.79 |
Financial Efficiency
Return on equity (ROE) is 22.75% and return on invested capital (ROIC) is 5.03%.
| Return on Equity (ROE) | 22.75% |
| Return on Assets (ROA) | 3.71% |
| Return on Capital (ROIC) | 5.03% |
| Revenue Per Employee | $952,220 |
| Profits Per Employee | $107,243 |
| Employee Count | 800 |
| Asset Turnover | 0.75 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Upwork has paid $2.08 million in taxes.
| Income Tax | 2.08M |
| Effective Tax Rate | 2.37% |
Stock Price Statistics
The stock price has increased by +10.40% in the last 52 weeks. The beta is 1.59, so Upwork's price volatility has been higher than the market average.
| Beta (5Y) | 1.59 |
| 52-Week Price Change | +10.40% |
| 50-Day Moving Average | 16.38 |
| 200-Day Moving Average | 12.33 |
| Relative Strength Index (RSI) | 47.20 |
| Average Volume (20 Days) | 1,781,445 |
Short Selling Information
The latest short interest is 12.36 million, so 9.24% of the outstanding shares have been sold short.
| Short Interest | 12.36M |
| Short Previous Month | 11.94M |
| Short % of Shares Out | 9.24% |
| Short % of Float | 10.59% |
| Short Ratio (days to cover) | 7.23 |
Income Statement
In the last 12 months, Upwork had revenue of $761.78 million and earned $85.79 million in profits. Earnings per share was $0.62.
| Revenue | 761.78M |
| Gross Profit | 584.46M |
| Operating Income | 60.05M |
| Pretax Income | 76.22M |
| Net Income | 85.79M |
| EBITDA | 63.90M |
| EBIT | 60.05M |
| Earnings Per Share (EPS) | $0.62 |
Balance Sheet
The company has $601.18 million in cash and $369.46 million in debt, giving a net cash position of $231.72 million or $1.73 per share.
| Cash & Cash Equivalents | 601.18M |
| Total Debt | 369.46M |
| Net Cash | 231.72M |
| Net Cash Per Share | $1.73 |
| Equity (Book Value) | 411.17M |
| Book Value Per Share | 3.08 |
| Working Capital | 619.85M |
Cash Flow
In the last 12 months, operating cash flow was $139.74 million and capital expenditures -$2.11 million, giving a free cash flow of $137.62 million.
| Operating Cash Flow | 139.74M |
| Capital Expenditures | -2.11M |
| Free Cash Flow | 137.62M |
| FCF Per Share | $1.03 |
Margins
Gross margin is 76.72%, with operating and profit margins of 7.88% and 11.26%.
| Gross Margin | 76.72% |
| Operating Margin | 7.88% |
| Pretax Margin | 11.54% |
| Profit Margin | 11.26% |
| EBITDA Margin | 8.39% |
| EBIT Margin | 7.88% |
| FCF Margin | 18.07% |
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 | -5.17% |
| Shareholder Yield | -5.17% |
| Earnings Yield | 4.00% |
| FCF Yield | 6.42% |
Analyst Forecast
The average price target for Upwork is $18.09, which is 12.85% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $18.09 |
| Price Target Difference | 12.85% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 11 |
| Revenue Growth Forecast (5Y) | 8.38% |
| EPS Growth Forecast (5Y) | 76.04% |
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 2.8 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.8 |
| Piotroski F-Score | 6 |