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Upwork Inc. (UPWK) EV/FCF Ratio: 5.33x

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

Upwork Inc.'s EV/FCF ratio of 5.33x is 97% below its 5-year average of 193.68x, near the low end of its 5-year range (5.12x–893.89x).

As of Wednesday, June 17, 2026. 53.45% below its 12-month average of 11.45x.

UPWK EV/FCF Ratio Chart

UPWK EV/FCF Ratio
5.33x-58.49% 1Y
Zoom

UPWK Average EV/FCF Ratio Chart

UPWK Current vs Average EV/FCF Ratio Chart

UPWK EV/FCF Ratio Metrics

EV/FCF RATIO

5.33x

EV/FCF RATIO AVG TTM

11.45x

EV/FCF RATIO AVG 3Y

26.45x

EV/FCF RATIO AVG 5Y

55.19x

EV/FCF RATIO AVG 10Y

N/A

EV/FCF RATIO AVG 15Y

N/A

EV/FCF RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

-53.45%

CURRENT VS 3Y AVG

-79.85%

CURRENT VS 5Y AVG

-90.34%

CURRENT VS 10Y AVG

N/A

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

UPWK Competitors' EV/FCF Ratio

NAMEMARKET CAPEV/FCF RATIOTTM3Y5Y
Upwork Inc. (UPWK)$1.02B5.33x11.45x26.45x55.19x
AIAI Holdings Corporation Class A Common Stock (AIAI)vs ›$1.08BN/AN/AN/AN/A
Kforce Inc. (KFRC)vs ›$833.11M21.00x13.05x15.76x16.09x
Ameresco, Inc. (AMRC)vs ›$1.45BN/A20.19x23.54x23.54x
T1 Energy Inc (TE)vs ›$1.57B78.29x73.60x73.60x73.60x
SCHMID Group N.V. Class A Ordinary Shares (SHMD)vs ›$266.56M149.07x128.09x112.62x112.62x
Preformed Line Products Company (PLPC)vs ›$1.81B51.88x30.15x20.98x21.01x
Ampco-Pittsburgh Corporation (AP)vs ›$221.15MN/A108.85x108.85x58.18x
Enerpac Tool Group Corp. (EPAC)vs ›$1.90B17.79x23.67x28.88x33.83x
Werner Enterprises, Inc. (WERN)vs ›$2.39BN/A530.79x208.71x208.71x

Cash Flow Valuation Comparison

EV/FCF

5.3x

P/FCF

5.1x

FCF Yield

19.61%

Formula: EV/FCF = Enterprise Value / Free Cash Flow

EV/FCF vs P/FCF:

  • EV/FCF accounts for debt and cash through enterprise value
  • P/FCF only considers equity value
  • EV/FCF can be compared across companies with different debt levels
  • Both measure how the market values cash generation

Upwork Inc. EV/FCF Ratio Formula & Definition

EV/FCF = Enterprise Value / Free Cash Flow (TTM)

Enterprise value to free cash flow compares total company value to the cash the business generates after capital expenditures.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Upwork Inc. EV/FCF Ratio FAQ

What is the EV/FCF ratio for Upwork Inc. (UPWK)?
The EV/FCF ratio for UPWK stock is 5.33x.
Is Upwork Inc.'s EV/FCF ratio high or low?
Upwork Inc.'s EV/FCF ratio of 5.33x is 97% below its 5-year average of 193.68x, near the low end of its 5-year range (5.12x–893.89x).
What is the TTM average EV/FCF ratio for Upwork Inc. (UPWK)?
The TTM average EV/FCF ratio for UPWK stock is 11.45x.
What is the 3Y average EV/FCF ratio for Upwork Inc. (UPWK)?
The 3Y average EV/FCF ratio for UPWK stock is 26.45x.
What is the 5Y average EV/FCF ratio for Upwork Inc. (UPWK)?
The 5Y average EV/FCF ratio for UPWK stock is 55.19x.

Upwork Inc. EV/FCF Ratio History

DATEEV/FCF RATIO
2026-06-165.33x
2026-06-155.36x
2026-06-125.37x
2026-06-115.35x
2026-06-105.42x
2026-06-095.57x
2026-06-085.60x
2026-06-055.53x
2026-06-045.52x
2026-06-035.41x
2026-06-025.67x
2026-06-015.90x
2026-05-295.57x
2026-05-285.43x
2026-05-275.46x
2026-05-265.43x
2026-05-225.56x
2026-05-215.34x
2026-05-205.47x
2026-05-195.34x
2026-05-185.53x
2026-05-155.17x
2026-05-145.12x
2026-05-135.31x
2026-05-125.28x
2026-05-115.56x
2026-05-085.57x
2026-05-076.65x
2026-05-066.37x
2026-05-056.51x
2026-05-046.63x
2026-05-016.62x
2026-04-306.53x
2026-04-296.53x
2026-04-286.55x
2026-04-276.71x
2026-04-246.70x
2026-04-236.61x
2026-04-227.12x
2026-04-216.97x
2026-04-206.97x
2026-04-177.08x
2026-04-166.96x
2026-04-157.10x
2026-04-146.96x
2026-04-136.93x
2026-04-106.72x
2026-04-096.59x
2026-04-086.96x
2026-04-076.90x
2026-04-067.12x
2026-04-026.88x
2026-04-017.03x
2026-03-316.90x
2026-03-306.66x
2026-03-276.84x
2026-03-267.03x
2026-03-257.11x
2026-03-247.01x
2026-03-237.17x
2026-03-207.09x
2026-03-197.13x
2026-03-187.57x
2026-03-177.73x
2026-03-167.49x
2026-03-137.64x
2026-03-127.43x
2026-03-117.76x
2026-03-107.74x
2026-03-098.31x
2026-03-068.26x
2026-03-058.30x
2026-03-048.37x
2026-03-038.19x
2026-03-028.18x
2026-02-278.36x
2026-02-268.62x
2026-02-258.10x
2026-02-248.13x
2026-02-237.82x
2026-02-208.21x
2026-02-198.30x
2026-02-188.55x
2026-02-177.97x
2026-02-138.25x
2026-02-128.18x
2026-02-1112.20x
2026-02-1012.77x
2026-02-0915.63x
2026-02-0615.74x
2026-02-0514.85x
2026-02-0414.24x
2026-02-0315.20x
2026-02-0216.55x
2026-01-3016.62x
2026-01-2917.41x
2026-01-2817.00x
2026-01-2717.63x
2026-01-2618.09x
2026-01-2318.28x
2026-01-2217.50x
2026-01-2116.35x
2026-01-2016.19x
2026-01-1616.49x
2026-01-1516.71x
2026-01-1416.67x
2026-01-1316.79x
2026-01-1216.91x
2026-01-0916.63x
2026-01-0816.93x
2026-01-0717.28x
2026-01-0616.81x
2026-01-0517.09x
2026-01-0216.47x
2025-12-3116.45x
2025-12-3016.23x
2025-12-2916.83x
2025-12-2617.27x
2025-12-2417.37x
2025-12-2317.25x
2025-12-2217.62x
2025-12-1917.07x
2025-12-1816.97x
2025-12-1716.75x
2025-12-1617.74x
2025-12-1517.70x
2025-12-1218.15x
2025-12-1118.13x
2025-12-1016.98x
2025-12-0917.38x
2025-12-0816.50x
2025-12-0516.66x
2025-12-0416.26x
2025-12-0316.38x
2025-12-0217.02x
2025-12-0116.50x
2025-11-2816.39x
2025-11-2616.26x
2025-11-2516.35x
2025-11-2415.44x
2025-11-2114.89x
2025-11-2014.33x
2025-11-1915.13x
2025-11-1814.26x
2025-11-1713.55x
2025-11-1413.78x
2025-11-1314.24x
2025-11-1214.23x
2025-11-1114.96x
2025-11-1014.68x
2025-11-0714.56x
2025-11-0613.52x
2025-11-0513.70x
2025-11-0414.76x
2025-11-0311.80x
2025-10-3112.03x
2025-10-3012.30x
2025-10-2912.71x
2025-10-2813.07x
2025-10-2712.16x
2025-10-2412.07x
2025-10-2312.16x
2025-10-2212.08x
2025-10-2112.55x
2025-10-2012.56x
2025-10-1712.22x
2025-10-1612.61x
2025-10-1512.66x
2025-10-1412.76x
2025-10-1312.87x
2025-10-1012.65x
2025-10-0913.11x
2025-10-0813.43x
2025-10-0712.87x
2025-10-0613.09x
2025-10-0313.00x
2025-10-0213.64x
2025-10-0113.32x
2025-09-3013.94x
2025-09-2914.26x
2025-09-2614.37x
2025-09-2514.48x
2025-09-2414.93x
2025-09-2314.74x
2025-09-2214.50x
2025-09-1915.04x
2025-09-1814.69x
2025-09-1713.63x
2025-09-1612.87x
2025-09-1512.65x
2025-09-1212.70x
2025-09-1112.34x
2025-09-1012.01x
2025-09-0912.07x
2025-09-0812.04x
2025-09-0512.21x
2025-09-0412.64x
2025-09-0312.40x
2025-09-0212.04x
2025-08-2911.63x
2025-08-2811.28x
2025-08-2711.20x
2025-08-2611.41x
2025-08-2511.28x
2025-08-2211.28x
2025-08-2111.19x
2025-08-2010.77x
2025-08-1910.51x
2025-08-1810.61x
2025-08-1510.47x
2025-08-1410.40x
2025-08-1310.68x
2025-08-1210.37x
2025-08-1110.18x
2025-08-0810.01x
2025-08-0710.31x
2025-08-069.12x
2025-08-0511.17x
2025-08-0411.31x
2025-08-0111.05x
2025-07-3111.24x
2025-07-3011.34x
2025-07-2911.87x
2025-07-2812.06x
2025-07-2512.28x
2025-07-2412.39x
2025-07-2312.89x
2025-07-2212.80x
2025-07-2112.53x
2025-07-1812.39x
2025-07-1712.55x
2025-07-1612.47x
2025-07-1512.12x
2025-07-1412.15x
2025-07-1112.11x
2025-07-1012.55x
2025-07-0912.82x
2025-07-0812.64x
2025-07-0712.59x
2025-07-0312.76x
2025-07-0212.60x
2025-07-0112.65x
2025-06-3012.58x
2025-06-2712.75x
2025-06-2612.70x
2025-06-2512.53x
2025-06-2412.48x
2025-06-2312.25x
2025-06-2012.31x
2025-06-1812.53x
2025-06-1712.69x
2025-06-1612.84x
2025-06-1312.93x
2025-06-1213.51x
2025-06-1113.60x
2025-06-1014.32x
2025-06-0914.43x
2025-06-0614.36x
2025-06-0514.07x
2025-06-0414.22x

Showing the most recent 260 of 1,266 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