KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Upwork (UPWK) Equity Ratio (2017 - 2026)

Upwork has reported Equity Ratio over the past 9 years, most recently at 0.49 for Q4 2025.

  • For Q4 2025, Equity Ratio rose 2.13% year-over-year to 0.49; the TTM value through Dec 2025 reached 0.49, up 2.13%, while the annual FY2025 figure was 0.49, 2.13% up from the prior year.
  • Equity Ratio for Q4 2025 was 0.49 at Upwork, up from 0.48 in the prior quarter.
  • Over five years, Equity Ratio peaked at 0.55 in Q1 2021 and troughed at 0.22 in Q3 2022.
  • A 5-year average of 0.37 and a median of 0.36 in 2023 define the central range for Equity Ratio.
  • Biggest five-year swings in Equity Ratio: tumbled 58.46% in 2022 and later soared 59.42% in 2023.
  • Year by year, Equity Ratio stood at 0.24 in 2021, then decreased by 4.03% to 0.23 in 2022, then surged by 59.42% to 0.37 in 2023, then grew by 29.3% to 0.47 in 2024, then rose by 2.13% to 0.49 in 2025.
  • Business Quant data shows Equity Ratio for UPWK at 0.49 in Q4 2025, 0.48 in Q3 2025, and 0.48 in Q2 2025.