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Upwork Inc. (UPWK) EV/EBITDA Ratio: 6.90x

Is Upwork Inc.’s EV/EBITDA ratio high or low?

Upwork Inc.'s EV/EBITDA ratio of 6.90x is 97% below its 3-year average of 198.63x, near the low end of its 3-year range (6.59x–1566.67x).

As of Tuesday, June 16, 2026. 49.83% below its 12-month average of 13.75x.

UPWK EV/EBITDA Ratio Chart

UPWK EV/EBITDA Ratio
6.90x-54.24% 1Y
Zoom

UPWK Average EV/EBITDA Ratio Chart

UPWK Current vs Average EV/EBITDA Ratio Chart

UPWK EV/EBITDA Ratio Metrics

EV/EBITDA RATIO

6.90x

EV/EBITDA RATIO AVG TTM

13.75x

EV/EBITDA RATIO AVG 3Y

N/A

EV/EBITDA RATIO AVG 5Y

N/A

EV/EBITDA RATIO AVG 10Y

N/A

EV/EBITDA RATIO AVG 15Y

N/A

EV/EBITDA RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

-49.83%

CURRENT VS 3Y AVG

N/A

CURRENT VS 5Y AVG

N/A

CURRENT VS 10Y AVG

N/A

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

UPWK Competitors' EV/EBITDA Ratio

NAMEMARKET CAPEV/EBITDA RATIOTTM3Y5Y
Upwork Inc. (UPWK)$1.05B6.90x13.75xN/AN/A
AIAI Holdings Corporation Class A Common Stock (AIAI)vs ›$1.04BN/AN/AN/AN/A
Kforce Inc. (KFRC)vs ›$852.55M17.64x11.50x13.60x13.14x
Ameresco, Inc. (AMRC)vs ›$1.44B14.41x14.75x17.61x20.77x
T1 Energy Inc (TE)vs ›$1.50BN/A443.58x366.94x366.94x
SCHMID Group N.V. Class A Ordinary Shares (SHMD)vs ›$295.41MN/A12.83x7.18x7.18x
Enerpac Tool Group Corp. (EPAC)vs ›$1.87B14.04x15.37x17.18x20.14x
Ampco-Pittsburgh Corporation (AP)vs ›$234.97MN/A5.93x5.85x5.64x
Preformed Line Products Company (PLPC)vs ›$1.88B26.42x15.74x10.55x8.85x
Werner Enterprises, Inc. (WERN)vs ›$2.53B10.94x7.55x7.04x6.37x

EV/EBITDA vs. its own history

At 6.9, EV/EBITDA is cheaper than usual, sitting higher than 1% of its 3-year history.

3-year low

6.6

median

21.3

3-year high

1566.7

cheaperricher

Upwork Inc. EV/EBITDA Ratio Formula & Definition

EV/EBITDA = Enterprise Value / EBITDA (TTM)

Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Upwork Inc. EV/EBITDA Ratio FAQ

What is the EV/EBITDA ratio for Upwork Inc. (UPWK)?
The EV/EBITDA ratio for UPWK stock is 6.90x.
Is Upwork Inc.'s EV/EBITDA ratio high or low?
Upwork Inc.'s EV/EBITDA ratio of 6.90x is 97% below its 3-year average of 198.63x, near the low end of its 3-year range (6.59x–1566.67x).
What is the TTM average EV/EBITDA ratio for Upwork Inc. (UPWK)?
The TTM average EV/EBITDA ratio for UPWK stock is 13.75x.

Upwork Inc. EV/EBITDA Ratio History

DATEEV/EBITDA RATIO
2026-06-156.90x
2026-06-126.91x
2026-06-116.88x
2026-06-106.97x
2026-06-097.16x
2026-06-087.20x
2026-06-057.12x
2026-06-047.10x
2026-06-036.96x
2026-06-027.29x
2026-06-017.59x
2026-05-297.16x
2026-05-286.99x
2026-05-277.02x
2026-05-266.99x
2026-05-227.15x
2026-05-216.87x
2026-05-207.04x
2026-05-196.88x
2026-05-187.11x
2026-05-156.66x
2026-05-146.59x
2026-05-136.83x
2026-05-126.80x
2026-05-117.16x
2026-05-087.16x
2026-05-078.56x
2026-05-068.44x
2026-05-058.62x
2026-05-048.79x
2026-05-018.76x
2026-04-308.65x
2026-04-298.65x
2026-04-288.68x
2026-04-278.89x
2026-04-248.87x
2026-04-238.76x
2026-04-229.44x
2026-04-219.23x
2026-04-209.24x
2026-04-179.38x
2026-04-169.21x
2026-04-159.40x
2026-04-149.21x
2026-04-139.17x
2026-04-108.90x
2026-04-098.72x
2026-04-089.21x
2026-04-079.14x
2026-04-069.43x
2026-04-029.12x
2026-04-019.31x
2026-03-319.13x
2026-03-308.83x
2026-03-279.06x
2026-03-269.32x
2026-03-259.42x
2026-03-249.28x
2026-03-239.50x
2026-03-209.39x
2026-03-199.44x
2026-03-1810.03x
2026-03-1710.23x
2026-03-169.92x
2026-03-1310.12x
2026-03-129.85x
2026-03-1110.28x
2026-03-1010.26x
2026-03-0911.01x
2026-03-0610.95x
2026-03-0510.99x
2026-03-0411.09x
2026-03-0310.85x
2026-03-0210.84x
2026-02-2711.08x
2026-02-2611.42x
2026-02-2510.73x
2026-02-2410.76x
2026-02-2310.36x
2026-02-2010.88x
2026-02-1911.00x
2026-02-1811.32x
2026-02-1710.56x
2026-02-1310.93x
2026-02-1210.83x
2026-02-1113.40x
2026-02-1014.02x
2026-02-0917.16x
2026-02-0617.28x
2026-02-0516.31x
2026-02-0415.63x
2026-02-0316.68x
2026-02-0218.17x
2026-01-3018.24x
2026-01-2919.11x
2026-01-2818.66x
2026-01-2719.36x
2026-01-2619.86x
2026-01-2320.07x
2026-01-2219.21x
2026-01-2117.95x
2026-01-2017.77x
2026-01-1618.10x
2026-01-1518.35x
2026-01-1418.30x
2026-01-1318.44x
2026-01-1218.57x
2026-01-0918.26x
2026-01-0818.58x
2026-01-0718.97x
2026-01-0618.45x
2026-01-0518.76x
2026-01-0218.08x
2025-12-3118.06x
2025-12-3017.82x
2025-12-2918.48x
2025-12-2618.96x
2025-12-2419.07x
2025-12-2318.94x
2025-12-2219.35x
2025-12-1918.74x
2025-12-1818.63x
2025-12-1718.38x
2025-12-1619.48x
2025-12-1519.43x
2025-12-1219.93x
2025-12-1119.90x
2025-12-1018.64x
2025-12-0919.08x
2025-12-0818.11x
2025-12-0518.29x
2025-12-0417.85x
2025-12-0317.98x
2025-12-0218.68x
2025-12-0118.11x
2025-11-2817.99x
2025-11-2617.85x
2025-11-2517.95x
2025-11-2416.95x
2025-11-2116.35x
2025-11-2015.73x
2025-11-1916.60x
2025-11-1815.66x
2025-11-1714.88x
2025-11-1415.13x
2025-11-1315.63x
2025-11-1215.62x
2025-11-1116.42x
2025-11-1016.11x
2025-11-0715.98x
2025-11-0614.84x
2025-11-0515.04x
2025-11-0416.20x
2025-11-0314.97x
2025-10-3115.26x
2025-10-3015.60x
2025-10-2916.13x
2025-10-2816.58x
2025-10-2715.42x
2025-10-2415.31x
2025-10-2315.42x
2025-10-2215.32x
2025-10-2115.92x
2025-10-2015.93x
2025-10-1715.50x
2025-10-1616.00x
2025-10-1516.06x
2025-10-1416.18x
2025-10-1316.33x
2025-10-1016.05x
2025-10-0916.63x
2025-10-0817.03x
2025-10-0716.32x
2025-10-0616.61x
2025-10-0316.49x
2025-10-0217.31x
2025-10-0116.89x
2025-09-3017.69x
2025-09-2918.09x
2025-09-2618.22x
2025-09-2518.36x
2025-09-2418.94x
2025-09-2318.70x
2025-09-2218.39x
2025-09-1919.07x
2025-09-1818.64x
2025-09-1717.29x
2025-09-1616.33x
2025-09-1516.04x
2025-09-1216.11x
2025-09-1115.65x
2025-09-1015.23x
2025-09-0915.31x
2025-09-0815.28x
2025-09-0515.49x
2025-09-0416.03x
2025-09-0315.73x
2025-09-0215.28x
2025-08-2914.75x
2025-08-2814.31x
2025-08-2714.20x
2025-08-2614.47x
2025-08-2514.31x
2025-08-2214.31x
2025-08-2114.19x
2025-08-2013.66x
2025-08-1913.34x
2025-08-1813.46x
2025-08-1513.28x
2025-08-1413.19x
2025-08-1313.55x
2025-08-1213.16x
2025-08-1112.92x
2025-08-0812.70x
2025-08-0713.08x
2025-08-0611.57x
2025-08-0513.11x
2025-08-0413.28x
2025-08-0112.97x
2025-07-3113.20x
2025-07-3013.31x
2025-07-2913.93x
2025-07-2814.15x
2025-07-2514.42x
2025-07-2414.55x
2025-07-2315.13x
2025-07-2215.03x
2025-07-2114.71x
2025-07-1814.55x
2025-07-1714.73x
2025-07-1614.64x
2025-07-1514.23x
2025-07-1414.26x
2025-07-1114.22x
2025-07-1014.74x
2025-07-0915.05x
2025-07-0814.83x
2025-07-0714.78x
2025-07-0314.98x
2025-07-0214.79x
2025-07-0114.86x
2025-06-3014.77x
2025-06-2714.97x
2025-06-2614.91x
2025-06-2514.71x
2025-06-2414.65x
2025-06-2314.38x
2025-06-2014.45x
2025-06-1814.71x
2025-06-1714.90x
2025-06-1615.08x
2025-06-1315.18x
2025-06-1215.86x
2025-06-1115.97x
2025-06-1016.81x
2025-06-0916.94x
2025-06-0616.85x
2025-06-0516.52x
2025-06-0416.69x
2025-06-0316.53x

Showing the most recent 260 of 652 data points. The chart above shows the full history.

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.

Palo Alto, CA
600 employees
Industrials / Staffing & Employment Services
Sector
Industrials
Industry
Staffing & Employment Services
CEO
Hayden Brown