System1 (SST) EV to FCF (2021 - 2025)
System1's EV to FCF came in at 0.99 for Q3 2025.
Analysis
System1 (SST) EV to FCF (2021 - 2025) Analysis & Trends
Over the trailing twelve months to Sep 30, 2025, System1 reported EV to FCF of -22.72; for FY2021, it was 9.83.
- The Q3 2025 figure represents the highest quarterly EV to FCF since Q2 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,180.92 Bn | 3,938.44 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,847.76 Bn | 1,550.28 Bn | 49.47 Bn |
| 3 | Netflix | 289.73 Bn | 249.92 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 249.81 Bn | 67.68 Bn | 15.11 Bn |
| 5 | Shopify | 192.08 Bn | 169.26 Bn | 1.71 Bn |
| 6 | Uber Technologies | 139.76 Bn | 111.74 Bn | 6.38 Bn |
| 7 | Booking Holdings | 122.41 Bn | 55.46 Bn | - |
| 8 | PDD Holdings | 110.94 Bn | -140.99 Bn | 9.45 Bn |
| 9 | Spotify Technology | 100.32 Bn | 57.56 Bn | 1.86 Bn |
| 10 | System1 | 26.68 Mn | -233.14 Mn | 24.27 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 0.99 |
| Jun 30, 2025 | -1.49 |
| Jun 30, 2023 | 56.35 |
| Mar 31, 2023 | 22.06 |
| Sep 30, 2022 | 54.23 |
| Jun 30, 2022 | 45.39 |
| Mar 31, 2022 | 109.46 |
| Dec 31, 2021 | 9.83 |
| Sep 30, 2021 | 18.64 |
| Jun 30, 2021 | 27.23 |
| Mar 31, 2021 | 76.89 |
API Access
System1 EV to FCF 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-fcf&ticker=SST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=SST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();