Vivid Seats (SEAT) EV to EBITDA (2021 - 2025)
Vivid Seats' EV to EBITDA came in at 10.92 for Q1 2025, down 36.3% from 17.13 a year earlier and down 54.9% from the prior quarter.
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Analysis
Vivid Seats (SEAT) EV to EBITDA (2021 - 2025) Analysis & Trends
Over the trailing twelve months to Mar 31, 2025, Vivid Seats reported EV to EBITDA of -0.16; for FY2024, it came in at 24.18, down 21.9% from FY2023.
- EV to EBITDA has declined in each of the last three years.
- Going back by year, EV to EBITDA was 30.97 in FY2023 (-24.2%), 40.87 in FY2022 (-36.7%) and 64.51 in FY2021.
- The five-year range for quarterly EV to EBITDA is 9.86 (Q3 2024) to 64.51 (Q4 2021).
- Year-over-year, EV to EBITDA has declined for ten consecutive quarters, with an average decline of 23.1% over the last eight quarters.
- Over the past five years, the year-over-year decline in EV to EBITDA ranged from 9.1% (Q2 2023) to 38.6% (Q1 2023).
- Business Quant data shows SEAT's EV to EBITDA at 24.18 (Q4 2024), 9.86 (Q3 2024) and 15.89 (Q2 2024) in the three quarters before Q1 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,142.52 Bn | 3,900.05 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,882.44 Bn | 1,584.96 Bn | 49.47 Bn |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 250.25 Bn | 68.12 Bn | 15.11 Bn |
| 5 | Shopify | 192.03 Bn | 169.21 Bn | 1.71 Bn |
| 6 | Uber Technologies | 141.56 Bn | 113.53 Bn | 6.38 Bn |
| 7 | Booking Holdings | 121.98 Bn | 55.03 Bn | - |
| 8 | PDD Holdings | 110.31 Bn | -141.62 Bn | 9.45 Bn |
| 9 | AppLovin | 102.49 Bn | 92.52 Bn | 1.70 Bn |
| 10 | Vivid Seats | 61.61 Mn | -469.15 Mn | 91.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2025 | 10.92 |
| Dec 31, 2024 | 24.18 |
| Sep 30, 2024 | 9.86 |
| Jun 30, 2024 | 15.89 |
| Mar 31, 2024 | 17.13 |
| Dec 31, 2023 | 30.97 |
| Sep 30, 2023 | 15.55 |
| Jun 30, 2023 | 19.34 |
| Mar 31, 2023 | 19.96 |
| Dec 31, 2022 | 40.87 |
| Sep 30, 2022 | 20.62 |
| Jun 30, 2022 | 21.27 |
| Mar 31, 2022 | 32.53 |
| Dec 31, 2021 | 64.51 |
API Access
Vivid Seats EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=SEAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "SEAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=SEAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();