Upstart Holdings, Inc. Financial Ratios — UPST Stock

Profitability (USD)

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	- -	- -	24.46	-14.69	-36.72	-20.27	7.49
Return on Assets (%)	- -	- -	-0.09	1.37	11.79	-5.79	-12.15	-5.87	2.01
Return on Capital (%)	- -	- -	- -	2.8	- -	- -	- -	- -	2.26
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	-15.91	-11.74	-3.04	2.68	15.8	-13.02	-47.24	-20.42	5.31
Profit Margin (%)	-13.87	-12.89	-0.29	2.69	16	-12.97	-47.26	-20.45	5.23
Net Income to Common Margin (%)	-13.87	-12.89	-0.29	- -	16	-12.97	-47.26	-20.45	5.23
Effective Tax Rate (%)	- -	- -	- -	6.24	- -	- -	- -	- -	1.34
Dvd Payout Ratio (%)	- -	- -	- -	740.47	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	- -	24.46	-14.69	-36.72	-20.27	7.49

Credit (USD)

Credit Ratios API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	- -	128	136	82	796	1,087	1,103	1,452	1,850
ST Debt	- -	49	85	40	48	336	387	196	97
LT Debt	- -	79	51	42	748	751	715	1,257	1,753
Total Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	- -	-10.32	-15.94	62.91	44.33	34.73	31.5	26.75	26.85
Long-Term Debt/Equity (%)	- -	- -	- -	13.84	92.65	111.64	112.6	198.48	219.45
Long-Term Debt/Capital (%)	- -	107.35	69.04	10.87	46.65	42.66	41.16	60.26	66.17
Long-Term Debt/Total Assets (%)	- -	12.21	12.98	8.71	41.08	38.78	35.46	53.1	58.93
Total Debt/Equity (%)	- -	-234.42	-219.93	27.33	98.6	161.68	173.58	229.38	231.63
Total Debt/Capital (%)	- -	174.39	183.38	21.46	49.65	61.79	63.45	69.64	69.85
Total Debt/Total Assets (%)	- -	19.84	34.48	17.19	43.71	56.15	54.67	61.36	62.2
Net Debt to Equity	- -	-98.52	-109.89	-65.33	-37.12	82.38	104.38	96.11	146.68
Net Debt/Capital (%)	- -	-6,674.47	292.66	-158.76	-49.28	41.74	48.73	47.1	58.83
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	- -	-10.32	-15.94	62.91	44.33	34.73	31.5	26.75	26.85
Long-Term Debt/Equity (%)	- -	- -	- -	13.84	92.65	111.64	112.6	198.48	219.45
Long-Term Debt/Capital (%)	- -	107.35	69.04	10.87	46.65	42.66	41.16	60.26	66.17
Long-Term Debt/Total Assets (%)	- -	12.21	12.98	8.71	41.08	38.78	35.46	53.1	58.93
Total Debt/Equity (%)	- -	-234.42	-219.93	27.33	98.6	161.68	173.58	229.38	231.63
Total Debt/Capital (%)	- -	174.39	183.38	21.46	49.65	61.79	63.45	69.64	69.85
Total Debt/Total Assets (%)	- -	19.84	34.48	17.19	43.71	56.15	54.67	61.36	62.2
CFO/Total Liabilities	- -	7.19	6.94	8.87	16.61	-52.06	-8.08	10.75	-6.79
CFO/CapEx	- -	340.12	7.89	11.58	19.98	-74.55	-73.16	222.62	-425.72
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	- -	- -

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	- -	30.01	22.23	25.21	16.4	11.66	14.18	- -
Days Sales Outstanding	- -	- -	12.16	16.42	14.48	22.26	31.3	25.75	- -
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	- -	1,957	4,017	6,433	4,347
- Cash & Cash Equivalents	- -	74	51	259	995	432	377	794	657
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	12	1	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	128	136	82	796	1,087	1,103	1,452	1,850
Enterprise Value	- -	- -	- -	- -	- -	2,611	4,743	7,092	5,540
Total Capital	- -	73	74	382	1,603	1,760	1,738	2,086	2,649
Total Debt/Capital (%)	- -	174.39	183.38	21.46	49.65	61.79	63.45	69.64	69.85
Total Debt / EV	- -	- -	- -	- -	- -	0.42	0.23	0.2	0.33
EV/Sales	- -	- -	- -	- -	- -	3.12	9.33	11.28	5.41
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	- -	- -	- -	1,993	3,898	6,156	4,766
Diluted Enterprise Value	- -	- -	- -	- -	- -	2,648	4,624	6,815	5,959
EV per Share	- -	- -	- -	- -	- -	6.87	11.74	16.22	12.08
TTM Sales	56	96	163	222	847	838	508	629	1,024
TTM EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	- -	- -	- -	16	- -	- -	- -	- -	-148
TTM Free Cash Flow to Firm	- -	- -	- -	14	- -	- -	- -	- -	-148

Multiples (USD)

Valuation Multiples API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	- -	- -	-2.99	-34.42	33.19	-32.19
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	- -	- -	- -	- -	- -	2,611	4,743	7,092	5,540
Low Price	- -	- -	- -	- -	- -	4.72	4.79	5.23	7.29
EV/Sales	- -	- -	- -	- -	- -	3.12	9.33	11.28	5.41
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	79.44
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	102.4
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	182.24
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	61.08
Price/Book Value	- -	- -	- -	- -	- -	2.91	6.32	10.16	5.44
Price/Book Value Average	- -	- -	- -	- -	- -	5.22	7.26	6.62	7.01
Price/Book Value High	- -	- -	- -	- -	- -	8.87	18.75	13.87	12.48
Price/Book Value Low	- -	- -	- -	- -	- -	2.67	3.04	3.61	4.18
Price/Tangible Book Value	- -	- -	- -	- -	- -	3.32	7.21	11.55	6.01
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	5.95	8.28	7.53	7.74
Price/Tangible Book Value High	- -	- -	- -	- -	- -	10.11	21.4	15.78	13.78
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	3.04	3.47	4.11	4.62
Price/Sales	- -	- -	- -	- -	- -	2.38	7.67	9.79	4.16
Price/Sales Average	- -	- -	- -	- -	- -	4.27	8.81	6.38	5.36
Price/Sales High	- -	- -	- -	- -	- -	7.25	22.75	13.37	9.54
Price/Sales Low	- -	- -	- -	- -	- -	2.18	3.69	3.48	3.2
Price/Cash Flow	- -	- -	- -	- -	- -	-3.03	-34.89	33.04	-28.82
Price/Cash Flow Average	- -	- -	- -	- -	- -	-5.44	-40.06	21.52	-37.15
Price/Cash Flow High	- -	- -	- -	- -	- -	-9.23	-103.49	45.11	-66.13
Price/Cash Flow Low	- -	- -	- -	- -	- -	-2.78	-16.79	11.75	-22.16
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	-5.36	-39.52	21.61	-41.49
Price/Free Cash Flow High	- -	- -	- -	- -	- -	-9.11	-102.09	45.31	-73.85
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	-2.74	-16.57	11.81	-24.75
EV/Sales Average	- -	- -	- -	- -	- -	4.97	10.51	7.71	6.64
EV/Sales High	- -	- -	- -	- -	- -	7.9	24.88	15.02	10.9
EV/Sales Low	- -	- -	- -	- -	- -	2.92	5.23	4.69	4.43
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	- -	- -	- -	- -	- -	5.15	9.95	14.71	9.48
High Price	- -	- -	- -	- -	- -	15.68	29.5	20.08	21.74
Enterprise Value Average	- -	- -	- -	- -	- -	4,165	5,338	4,848	6,796
Enterprise Value High	- -	- -	- -	- -	- -	6,617	12,640	9,442	11,165
Enterprise Value Low	- -	- -	- -	- -	- -	2,449	2,659	2,947	4,535

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	291	339	339	343	391	380	404	437	459
Diluted Weighted Avg Shares	335	66	67	82	443	387	392	419	503
Basic Weighted Avg Shares	291	66	67	82	365	387	392	419	449
Revenue per Share	0.19	1.45	2.43	2.71	2.32	2.16	1.3	1.5	2.28
EBITDA per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	-0.03	-0.19	-0.01	- -	0.37	-0.28	-0.61	-0.31	0.12
Basic EPS from Cont Ops	-0.03	-0.17	-0.07	0.07	0.37	-0.28	-0.61	-0.31	0.12
Diluted EPS, GAAP	-0.02	-0.19	-0.01	- -	0.31	-0.28	-0.61	-0.31	0.11
Diluted EPS from Cont Ops	-0.03	-0.17	-0.07	0.07	0.31	-0.28	-0.61	-0.31	0.11
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	0.04	0.76	0.47	0.19	0.46	-1.7	-0.29	0.45	-0.33
Free Cash Flow per Basic Share	0.04	0.76	0.41	0.18	0.44	-1.72	-0.29	0.44	-0.33
Cash & Equivalents per Share	- -	0.22	0.15	0.75	2.54	1.14	0.93	1.81	1.43
Book Value per Share	- -	-0.2	-0.18	0.88	2.06	1.77	1.57	1.45	1.74
Tangible Book Value per Share	- -	-0.2	-0.18	0.88	1.84	1.55	1.38	1.27	1.58