Full Truck Alliance (YMM) EV to EBITDA (2021 - 2026)
Full Truck Alliance's (YMM) quarterly EV to EBITDA came in at 30.36 in Q2 2026, down 53.52% year-over-year from 65.31 in Q2 2025, and down 35.06% quarter-over-quarter from 46.75 in Q1 2026.
Analysis
Full Truck Alliance (YMM) EV to EBITDA (2021 - 2026) Analysis & Trends
Full Truck Alliance has disclosed EV to EBITDA across 6 years of filings, most recently posting 30.36 for Q2 2026.
- In Q2 2026, EV to EBITDA fell 53.52% year-over-year to 30.36; the TTM figure through Jun 2026 stood at 10.69 (down 43.61% YoY), while the FY2025 annual figure was 16.1, down 41.58% from the prior year.
- EV to EBITDA came in at 30.36 for Q2 2026 at Full Truck Alliance, down from 46.75 in the prior quarter.
- In the past five years, EV to EBITDA ranged from a high of 184.97 in Q1 2023 to a low of 10305.61 in Q4 2022.
- Average EV to EBITDA over 5 years is 547.61, with a median of 66.21 recorded in 2024.
- The largest YoY upside for EV to EBITDA was 658.56% in 2022 against a maximum downside of 64375.48% in 2022.
- Over 5 years, EV to EBITDA stood at 10305.61 in 2022, then soared by 101.55% to 160.21 in 2023, then tumbled by 49.1% to 81.55 in 2024, then declined by 22.98% to 62.81 in 2025, then tumbled by 51.67% to 30.36 in 2026.
- Per Business Quant data, the three most recent EV to EBITDA figures were 30.36 in Q2 2026, 46.75 in Q1 2026, and 62.81 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alibaba Group Holding | 262.96 Bn | 227.70 Bn | 15.11 Bn |
| 2 | Booking Holdings | 145.23 Bn | 128.02 Bn | 4.98 Bn |
| 3 | PDD Holdings | 117.02 Bn | 86.74 Bn | 9.45 Bn |
| 4 | Airbnb | 107.34 Bn | 95.28 Bn | 2.98 Bn |
| 5 | Mercadolibre | 100.30 Bn | 85.10 Bn | 4.16 Bn |
| 6 | Ebay | 46.02 Bn | 42.71 Bn | 2.30 Bn |
| 7 | Expedia | 34.12 Bn | 26.99 Bn | 3.91 Bn |
| 8 | Maplebear | 11.90 Bn | 11.05 Bn | 751.00 Mn |
| 9 | Full Truck Alliance | 8.08 Bn | 7.12 Bn | - |
| 10 | Etsy | 7.07 Bn | 5.94 Bn | 484.05 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.36 |
| Mar 31, 2026 | 46.75 |
| Dec 31, 2025 | 62.81 |
| Sep 30, 2025 | 104.04 |
| Jun 30, 2025 | 65.31 |
| Mar 31, 2025 | 64.95 |
| Dec 31, 2024 | 81.55 |
| Sep 30, 2024 | 51.05 |
| Jun 30, 2024 | 67.11 |
| Mar 31, 2024 | 97.25 |
| Dec 31, 2023 | 160.21 |
| Sep 30, 2023 | 141.50 |
| Jun 30, 2023 | 70.71 |
| Mar 31, 2023 | 184.97 |
| Dec 31, 2022 | -10,305.61 |
| Sep 30, 2022 | 171.53 |
| Jun 30, 2022 | -868.18 |
| Mar 31, 2022 | -83.29 |
| Dec 31, 2021 | -39.86 |
| Sep 30, 2021 | 22.61 |