Yelp annual debt-to-equity ratio
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2025
Yelp Debt-to-Equity Ratio Growth & History (YELP)
Yelp's debt-to-equity ratio was 0.03 for fiscal 2025.
View full Yelp company overviewYelp annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.03 | −0.02 | −39.66% |
| 2024 | 2024-12-31 | 0.06 | −0.06 | −50.20% |
| 2023 | 2023-12-31 | 0.12 | −0.06 | −34.51% |
| 2022 | 2022-12-31 | 0.18 | −0.05 | −20.56% |
| 2021 | 2021-12-31 | 0.22 | −0.01 | −4.38% |
| 2020 | 2020-12-31 | 0.23 | −0.07 | −23.88% |
| 2019 | 2019-12-31 | 0.31 | 0.31 | — |
| 2018 | 2018-12-31 | 0.00 | — | — |
| 2016 | 2016-12-31 | 0.02 | 0.00 | +25.56% |
| 2015 | 2015-12-31 | 0.02 | 0.00 | +34.36% |
| 2014 | 2014-12-31 | 0.01 | 0.00 | +38.20% |
| 2013 | 2013-12-31 | 0.01 | −0.00 | −20.10% |
| 2012 | 2012-12-31 | 0.01 | — | — |
Yelp quarterly debt-to-equity ratio
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Q2.14
Q3.14
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Q3.15
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Q1.25
Q2.25
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.04 | −0.00 | −11.75% |
| Q1 2026 | 2026-03-31 | 0.04 | −0.01 | −14.20% |
| Q4 2025 | 2025-12-31 | 0.03 | −0.02 | −39.66% |
| Q3 2025 | 2025-09-30 | 0.04 | −0.04 | −48.75% |
| Q2 2025 | 2025-06-30 | 0.04 | −0.05 | −55.45% |
| Q1 2025 | 2025-03-31 | 0.05 | −0.06 | −57.05% |
| Q4 2024 | 2024-12-31 | 0.06 | −0.06 | −50.20% |
| Q3 2024 | 2024-09-30 | 0.07 | −0.06 | −43.98% |
| Q2 2024 | 2024-06-30 | 0.09 | −0.06 | −38.54% |
| Q1 2024 | 2024-03-31 | 0.11 | −0.06 | −35.06% |
| Q4 2023 | 2023-12-31 | 0.12 | −0.06 | −34.51% |
| Q3 2023 | 2023-09-30 | 0.13 | −0.06 | −32.54% |
| Q2 2023 | 2023-06-30 | 0.15 | −0.05 | −26.85% |
| Q1 2023 | 2023-03-31 | 0.17 | −0.05 | −24.59% |
| Q4 2022 | 2022-12-31 | 0.18 | −0.05 | −20.56% |
| Q3 2022 | 2022-09-30 | 0.19 | −0.03 | −15.29% |
| Q2 2022 | 2022-06-30 | 0.20 | −0.02 | −9.85% |
| Q1 2022 | 2022-03-31 | 0.22 | −0.02 | −8.49% |
| Q4 2021 | 2021-12-31 | 0.22 | −0.01 | −4.38% |
| Q3 2021 | 2021-09-30 | 0.23 | −0.03 | −11.42% |
| Q2 2021 | 2021-06-30 | 0.23 | −0.06 | −19.76% |
| Q1 2021 | 2021-03-31 | 0.24 | −0.07 | −23.20% |
| Q4 2020 | 2020-12-31 | 0.23 | −0.07 | −23.88% |
| Q3 2020 | 2020-09-30 | 0.26 | −0.09 | −25.69% |
| Q2 2020 | 2020-06-30 | 0.28 | −0.06 | −16.82% |
| Q1 2020 | 2020-03-31 | 0.31 | 0.05 | +17.29% |
| Q4 2019 | 2019-12-31 | 0.31 | 0.31 | — |
| Q3 2019 | 2019-09-30 | 0.35 | — | — |
| Q2 2019 | 2019-06-30 | 0.34 | — | — |
| Q1 2019 | 2019-03-31 | 0.27 | — | — |
| Q4 2018 | 2018-12-31 | 0.00 | — | — |
| Q4 2016 | 2016-12-31 | 0.02 | 0.00 | +25.56% |
| Q1 2016 | 2016-03-31 | 0.02 | 0.00 | +5.44% |
| Q4 2015 | 2015-12-31 | 0.02 | 0.00 | +34.36% |
| Q3 2015 | 2015-09-30 | 0.02 | 0.01 | +42.16% |
| Q2 2015 | 2015-06-30 | 0.02 | 0.01 | +56.73% |
| Q1 2015 | 2015-03-31 | 0.02 | 0.01 | +55.97% |
| Q4 2014 | 2014-12-31 | 0.01 | 0.00 | +38.20% |
| Q3 2014 | 2014-09-30 | 0.01 | 0.01 | +219.05% |
| Q2 2014 | 2014-06-30 | 0.01 | 0.01 | +212.58% |
| Q1 2014 | 2014-03-31 | 0.01 | 0.01 | +218.47% |
| Q4 2013 | 2013-12-31 | 0.01 | −0.00 | −20.10% |
| Q3 2013 | 2013-09-30 | 0.00 | 0.00 | +28974.29% |
| Q2 2013 | 2013-06-30 | 0.00 | 0.00 | +27632.99% |
| Q1 2013 | 2013-03-31 | 0.00 | 0.00 | +16927.74% |
| Q4 2012 | 2012-12-31 | 0.01 | — | — |
| Q3 2012 | 2012-09-30 | 0.00 | — | — |
| Q2 2012 | 2012-06-30 | 0.00 | — | — |
| Q1 2012 | 2012-03-31 | 0.00 | — | — |
Yelp debt-to-equity ratio trends
Over the last five fiscal years, Yelp's debt-to-equity ratio decreased from 0.23 to 0.03, a change of −0.20. The latest reported quarter, Q2 2026, shows 0.04.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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