Upwork Statistics
Total Valuation
Upwork has a market cap or net worth of $1.54 billion. The enterprise value is $1.36 billion.
| Market Cap | 1.54B |
| Enterprise Value | 1.36B |
Important Dates
The next confirmed earnings date is Wednesday, May 1, 2024, after market close.
| Earnings Date | May 1, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Upwork has 137.39 million shares outstanding. The number of shares has increased by 4.28% in one year.
| Shares Outstanding | 137.39M |
| Shares Change (YoY) | +4.28% |
| Shares Change (QoQ) | +0.49% |
| Owned by Insiders (%) | 8.37% |
| Owned by Institutions (%) | 81.48% |
| Float | 125.97M |
Valuation Ratios
The trailing PE ratio is 187.17 and the forward PE ratio is 13.77. Upwork's PEG ratio is 0.62.
| PE Ratio | 187.17 |
| Forward PE | 13.77 |
| PS Ratio | 2.24 |
| Forward PS | 1.96 |
| PB Ratio | 4.05 |
| P/FCF Ratio | 111.24 |
| PEG Ratio | 0.62 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 22.00, with an EV/FCF ratio of 97.69.
| EV / Earnings | 28.90 |
| EV / Sales | 1.97 |
| EV / EBITDA | 22.00 |
| EV / EBIT | 27.72 |
| EV / FCF | 97.69 |
Financial Position
The company has a current ratio of 3.02, with a Debt / Equity ratio of 0.95.
| Current Ratio | 3.02 |
| Quick Ratio | 2.23 |
| Debt / Equity | 0.95 |
| Debt / EBITDA | 5.88 |
| Debt / FCF | 26.11 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 14.20% and return on invested capital (ROIC) is -1.45%.
| Return on Equity (ROE) | 14.20% |
| Return on Assets (ROA) | 4.90% |
| Return on Capital (ROIC) | -1.45% |
| Revenue Per Employee | $861,420 |
| Profits Per Employee | $58,609 |
| Employee Count | 800 |
| Asset Turnover | 0.72 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Upwork has paid $1.99 million in taxes.
| Income Tax | 1.99M |
| Effective Tax Rate | 4.07% |
Stock Price Statistics
The stock price has increased by +7.16% in the last 52 weeks. The beta is 1.67, so Upwork's price volatility has been higher than the market average.
| Beta (1Y) | 1.67 |
| 52-Week Price Change | +7.16% |
| 50-Day Moving Average | 12.68 |
| 200-Day Moving Average | 12.90 |
| Relative Strength Index (RSI) | 31.88 |
| Average Volume (30 Days) | 2,054,124 |
Short Selling Information
The latest short interest is 10.30 million, so 7.50% of the outstanding shares have been sold short.
| Short Interest | 10.30M |
| Short Previous Month | 9.33M |
| Short % of Shares Out | 7.50% |
| Short % of Float | 8.18% |
| Short Ratio (days to cover) | 5.25 |
Income Statement
In the last 12 months, Upwork had revenue of $689.14 million and earned $46.89 million in profits. Earnings per share was $0.06.
| Revenue | 689.14M |
| Gross Profit | 518.69M |
| Operating Income | -11.26M |
| Pretax Income | 48.88M |
| Net Income | 46.89M |
| EBITDA | 61.60M |
| EBIT | 48.88M |
| Earnings Per Share (EPS) | $0.06 |
Balance Sheet
The company has $550.10 million in cash and $362.18 million in debt, giving a net cash position of $187.92 million or $1.37 per share.
| Cash & Cash Equivalents | 550.10M |
| Total Debt | 362.18M |
| Net Cash | 187.92M |
| Net Cash Per Share | $1.37 |
| Equity / Book Value | 381.08M |
| Book Value Per Share | 2.77 |
| Working Capital | 590.37M |
Cash Flow
In the last 12 months, operating cash flow was $27.22 million and capital expenditures -$13.35 million, giving a free cash flow of $13.87 million.
| Operating Cash Flow | 27.22M |
| Capital Expenditures | -13.35M |
| Free Cash Flow | 13.87M |
| FCF Per Share | $0.10 |
Margins
Gross margin is 75.27%, with operating and profit margins of -1.63% and 6.80%.
| Gross Margin | 75.27% |
| Operating Margin | -1.63% |
| Pretax Margin | 7.09% |
| Profit Margin | 6.80% |
| EBITDA Margin | 8.94% |
| EBIT Margin | 7.09% |
| FCF Margin | 2.01% |
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 | -4.28% |
| Shareholder Yield | -4.28% |
| Earnings Yield | 3.04% |
| FCF Yield | 0.90% |
Analyst Forecast
The average price target for Upwork is $16.73, which is 48.98% higher than the current price. The consensus rating is "Buy".
| Price Target | $16.73 |
| Price Target Difference | 48.98% |
| Analyst Consensus | Buy |
| Analyst Count | 12 |
| Revenue Growth Forecast (5Y) | 15.44% |
| EPS Growth Forecast (5Y) | 123.58% |
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 2.52 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.52 |
| Piotroski F-Score | 6 |