Reddit, Inc.

Reddit, Inc.

RDDT
Reddit, Inc.US flagNew York Stock Exchange
169.42
USD
+0.29
- -
32.61BMarket Cap

Total Valuation

Reddit, Inc. carries a market capitalization of 32.61B, placing it among publicly traded companies globally. Its enterprise value stands at 22.66B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap32.61B
Enterprise Value22.66B

Share Statistics

Reddit, Inc. currently has 192.41M shares outstanding.

Shares Outstanding192.41M
Owned by Insiders (%)N/A
Owned by Institutions (%)N/A

Valuation Ratios

Reddit, Inc. trades at a trailing price-to-earnings ratio of 35.92. The price-to-sales ratio is 10.27, and the price-to-book ratio stands at -54.41.

PE Ratio35.92
PS Ratio10.27
PB Ratio-54.41
P/TBV Ratio8.13
P/FCF Ratio30.81
P/OCF Ratio29.03

Enterprise Valuation

On an enterprise value basis, Reddit, Inc. trades at an EV/EBITDA multiple of 35.57 and an EV/FCF ratio of 25.69. The EV/Sales ratio of 9.16 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 36.50 provides insight into valuation relative to core operating earnings.

EV / Sales9.16
EV / EBITDA35.57
EV / EBIT36.50
EV / FCF25.69

Financial Position

Reddit, Inc. maintains a current ratio of 12.73, meaning it holds 12.7x the short-term assets needed to cover near-term liabilities.

Current Ratio12.73
Quick Ratio12.39
Debt / Equity0.67
Debt / EBITDA0.03
Interest CoverageN/A

Financial Efficiency

Return on Equity (ROE)N/A
Return on Assets (ROA)23.90
Return on Invested Capital (ROIC)22.73
Return on Capital Employed (ROCE)N/A
Revenue Per EmployeeN/A
Employee CountN/A
Inventory TurnoverN/A

Taxes

Over the trailing twelve months, Reddit, Inc. has paid 2.44M in income taxes, reflecting an effective tax rate of 0.34.

Income Tax2.44M
Effective Tax Rate0.34

Stock Price Statistics

Reddit, Inc.'s stock has gained approximately 52.82338% over the past 52 weeks. The 50-day moving average sits at 152.04, while the 200-day moving average is 190.79.

Beta (5Y)N/A
52-Week Price Change52.82338%
50-Day Moving Average152.04
200-Day Moving Average190.79
Average Volume (20 Days)N/A

Income Statement

Over the trailing twelve months, Reddit, Inc. generated 2.47B in revenue and converted that into 707.54M in net income, yielding earnings per share of 3.50. EBITDA reached 637.19M, while operating income came in at 620.99M.

Revenue2.47B
Gross Profit2.26B
Operating Income620.99M
Pretax Income709.98M
Net Income707.54M
EBITDA637.19M
EBIT620.99M
Earnings Per Share (EPS)3.50

Balance Sheet

Reddit, Inc. holds 2.77B in cash and equivalents against 21.29M in total debt, resulting in a net debt position of -1.37B. Total book value stands at -467.12M, with working capital of 3.12B providing operational flexibility.

Cash & Cash Equivalents2.77B
Total Debt21.29M
Net Debt-1.37B
Equity (Book Value)-467.12M
Book Value Per Share-2.47
Working Capital3.12B

Cash Flow

Reddit, Inc. produced 875.55M in operating cash flow over the past twelve months. After subtracting -6.82M in capital expenditures, free cash flow totaled 868.73M - equivalent to 4.60 per share.

Operating Cash Flow875.55M
Capital Expenditures-6.82M
Free Cash Flow868.73M
FCF Per Share4.60

Margins

Reddit, Inc. operates with a gross margin of 91.37, reflecting its pricing power and cost economics. The operating margin of 25.11 and net profit margin of 28.60 provide insight into operational efficiency.

Gross Margin91.37
Operating Margin25.11
Pretax Margin28.70
Profit Margin28.60
EBITDA Margin25.76

Dividends & Yields

Dividend Per ShareN/A
Dividend YieldN/A
Payout RatioN/A
Shareholder Yield0.28
FCF Yield3.25

Scores

Reddit, Inc. posts an Altman Z-Score of 52.29, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score52.29