System1 (SST) EV to EBITDA (2021 - 2025)
System1's (SST) EV to EBITDA was -2.57 for Q4 2025.
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Analysis
System1 (SST) EV to EBITDA (2021 - 2025) Analysis & Trends
Dating back to Q4 2021, System1's EV to EBITDA record includes 8 quarters.
- By year, EV to EBITDA came in at 5.29 in FY2023 and 9.22 in FY2021.
- The Q4 2025 figure ranks as the lowest quarterly EV to EBITDA in data going back to Q4 2021.
- Per Business Quant data, the three quarters before Q4 2025 came in at 0.28 (Q3 2025), -0.74 (Q2 2025) and -1.61 (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn |
| 10 | System1 | 27.60 Mn | -232.22 Mn | 24.27 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -2.57 |
| Sep 30, 2025 | 0.28 |
| Jun 30, 2025 | -0.74 |
| Mar 31, 2025 | -1.61 |
| Dec 31, 2023 | 40.64 |
| Jun 30, 2022 | 73.35 |
| Mar 31, 2022 | 61.39 |
| Dec 31, 2021 | 9.22 |
API Access
System1 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=SST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "SST", "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=SST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();