Upwork Inc. (UPWK) Debt to Equity Ratio: 0.60
Is Upwork Inc.’s debt to equity ratio high or low?
Upwork Inc.'s debt to equity ratio of 0.60 is 48% below its 5-year average of 1.15, near the low end of its 5-year range (0.12–2.34).
As of Tuesday, June 16, 2026. 3.23% below its 12-month average of 0.62.
UPWK Debt to Equity Ratio Chart
UPWK Average Debt to Equity Ratio Chart
UPWK Current vs Average Debt to Equity Ratio Chart
UPWK Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
0.60
DEBT TO EQUITY RATIO AVG TTM
0.62
DEBT TO EQUITY RATIO AVG 3Y
1.14
DEBT TO EQUITY RATIO AVG 5Y
1.15
DEBT TO EQUITY RATIO AVG 10Y
N/A
DEBT TO EQUITY RATIO AVG 15Y
N/A
DEBT TO EQUITY RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-3.23%
CURRENT VS 3Y AVG
-47.25%
CURRENT VS 5Y AVG
-47.98%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
UPWK Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Upwork Inc. (UPWK) | $1.05B | 0.60 | 0.62 | 1.14 | 1.15 |
| AIAI Holdings Corporation Class A Common Stock (AIAI)vs › | $1.04B | N/A | N/A | N/A | N/A |
| Kforce Inc. (KFRC)vs › | $852.55M | 0.67 | 0.49 | 0.40 | 0.48 |
| Ameresco, Inc. (AMRC)vs › | $1.44B | 1.80 | 1.74 | 1.58 | 1.47 |
| T1 Energy Inc (TE)vs › | $1.50B | 1.02 | 2.01 | 1.01 | 0.93 |
| SCHMID Group N.V. Class A Ordinary Shares (SHMD)vs › | $295.41M | -0.99 | 0.74 | 0.74 | 0.74 |
| Enerpac Tool Group Corp. (EPAC)vs › | $1.87B | 0.53 | 0.55 | 0.67 | 0.68 |
| Ampco-Pittsburgh Corporation (AP)vs › | $234.97M | 4.24 | 3.25 | 2.43 | 1.82 |
| Preformed Line Products Company (PLPC)vs › | $1.88B | 0.10 | 0.10 | 0.16 | 0.18 |
| Werner Enterprises, Inc. (WERN)vs › | $2.53B | 0.55 | 0.52 | 0.50 | 0.42 |
Financial Health
Debt/Equity
0.60
Current Ratio
1.46
Upwork Inc. Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Upwork Inc. Debt to Equity Ratio FAQ
- What is the debt to equity ratio for Upwork Inc. (UPWK)?
- The debt to equity ratio for UPWK stock is 0.60.
- Is Upwork Inc.'s debt to equity ratio high or low?
- Upwork Inc.'s debt to equity ratio of 0.60 is 48% below its 5-year average of 1.15, near the low end of its 5-year range (0.12–2.34).
- What is the TTM average debt to equity ratio for Upwork Inc. (UPWK)?
- The TTM average debt to equity ratio for UPWK stock is 0.62.
- What is the 3Y average debt to equity ratio for Upwork Inc. (UPWK)?
- The 3Y average debt to equity ratio for UPWK stock is 1.14.
- What is the 5Y average debt to equity ratio for Upwork Inc. (UPWK)?
- The 5Y average debt to equity ratio for UPWK stock is 1.15.
Upwork Inc. Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2025-12-31 | 0.60 |
| 2024-12-31 | 0.64 |
| 2023-12-31 | 0.97 |
| 2022-12-31 | 2.34 |
| 2021-12-31 | 2.25 |
| 2020-12-31 | 0.12 |
| 2019-12-31 | 0.16 |
| 2018-12-31 | 0.10 |
Related Metrics
About Upwork Inc.
Upwork Inc., operating alongside its subsidiaries, provides a leading online work marketplace that connects businesses globally with independent professionals and agencies, spanning the United States, India, the Philippines, and other international markets. The platform grants clients access to a vast and diverse pool of talent, covering a wide array of specializations. These include key areas like sales and marketing, customer service, data science and analytics, creative design, and various aspects of web, mobile, and software development. Beyond talent acquisition, the marketplace also streamlines key operational workflows for businesses, such as sourcing candidates, managing outreach, and facilitating contract agreements. To support effective remote collaborations, Upwork offers a suite of functionalities, including robust communication and collaboration tools, simplified invoicing directly through the platform, and comprehensive payment protection. Upwork's marketplace offerings encompass various service tiers, such as Upwork Basic, Plus, Enterprise, and Payroll solutions, alongside managed and internet escrow agency services. Originally incorporated in 2013 and initially known as Elance-oDesk, Inc., the company rebranded to Upwork Inc. in May 2015. It maintains its headquarters in San Francisco, California.
- Sector
- Industrials
- Industry
- Staffing & Employment Services
- CEO
- Hayden Brown