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Operates an online secondary marketplace for buying and selling resale tickets to concerts, sports and theater events.
Operates an online secondary marketplace for buying and selling resale tickets to concerts, sports and theater events.
Charges a fee to both buyer and seller on each ticket sold, so earnings follow the number of tickets and the price at which they trade, which in turn follows demand for big concerts and games. It does not own the tickets. Viagogo bought it from eBay in 2020, and the combined group listed in 2025.
Moat: narrow (network effects, brand, installed base). Large buyer/seller liquidity and brand recognition in resale tickets versus smaller regional resale sites.
Headquarters: New York, New York, United States · Founded: 2000 · Employees: 900
Size StubHub Holdings Incorporation (STUB) is a United States Consumer Discretionary company (Internet Software/Services) with a market value of $2.35B, the 1697th largest of 3,117 United States companies the cockpit tracks. Shares closed at $6.14 on 6 Nov 2026.
Performance Over six months the shares fell 20.4%, against -1.8% for the median peer and -1.1% for the United States market (cap-weighted) — 4th lowest of 21 in its peer set.
Growth Revenue grew 7.9% over the last twelve months (peer median +4.0%); the operating margin is -64.5% (peer median 8.7%).
Valuation It trades at 17.7× forward earnings against a peer median of 12.3× (8th most expensive of 20).
Price implies For today's price to make sense, revenue must grow about -10% a year for seven years (Req g). Recent delivered growth is +118%, so the hurdle is -128 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 58.6 points below its cost of capital (14.5% WACC).
Short interest Short interest is 8.3% of the free float (15 Oct 2026).
Next results Next results expected around 10 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $1.94B | $1.75B | $1.77B | $1.37B | $1.04B |
| Revenue growth | — | -1% | +29% | +32% | — |
| Gross profit | $1.56B | $1.41B | $1.41B | $1.11B | $766M |
| EBITDA | -$1.22B | -$1.22B | $268M | $349M | -$37.7M |
| Net income | -$1.77B | -$1.91B | -$2.80M | $405M | -$261M |
| Free cash flow | $634M | $191M | $260M | $306M | -$49.2M |
| Capital expenditure | $37.6M | $34.4M | $6.38M | $5.44M | $2.31M |
| Total debt | $1.40B | $1.51B | $2.40B | $2.41B | $2.40B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| StubHub Holdings Incorporation STUB | $2.35B | -20% | +8% | -65% | 17.7× | -10.3% |
| Live Nation Entertainment LYV | $41.3B | +7% | +11% | 6% | 125.4× | 18.6% |
| CTS Eventim AG & Co. KGaA EVD.DE | $6.68B | +11% | +14% | 15% | 18.4× | 6.8% |
Peer set: Sector in the same market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | STUB | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | 0.0% | +9.0% | 9th lowest of 21 |
| 6-month return | -20.4% | -1.8% | 4th lowest of 21 |
| Distance from 52-week high | -69.1% | -27.8% | 2nd lowest of 21 |
| Revenue growth (TTM) | +7.9% | +4.0% | 5th highest of 20 |
| Operating margin | -64.5% | 8.7% | lowest of 20 |
| Forward P/E | 17.7× | 12.3× | 8th most expensive of 20 |
| Growth the price implies (Req g, 7 yrs) | -10.3% | 8.4% | least demanding of 19 |
| Growth delivered (Del g) | +117.8% | +7.8% | highest of 19 |
| Hurdle (Req g minus delivered) | -128.0 pp | +0.1 pp | least demanding of 19 |
| ROIC minus cost of capital | -58.6 pp | +0.7 pp | 2nd lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| StubHub Holdings Incorporation STUB | United States | $2.35B | -20% | +8% | -65% | 17.7× | -10.3% | +117.8% |
| PENN Entertainment PENN | United States | $2.34B | +4% | +6% | 6% | 12.3× | 15.2% | +14.2% |
| Newell Brands NWL | United States | $2.33B | +20% | +1% | 9% | 8.2× | 0.4% | -5.2% |
| LCI Industries LCII | United States | $2.38B | -18% | +4% | 7% | 11.3× | 2.0% | +8.1% |
| Lindblad Expeditions LIND | United States | $2.23B | +61% | +17% | 8% | 89.0× | 33.0% | +56.4% |
| Under Armour UA | United States | $2.23B | -19% | -3% | 1% | 83.9× | n/a | n/a |
| PHINIA PHIN | United States | $2.48B | -14% | +6% | 9% | 10.1× | 0.4% | +27.5% |
| RH RH | United States | $2.48B | -2% | +3% | 10% | 20.2× | 11.4% | +3.8% |
| Peloton Interactive PTON | United States | $2.50B | -1% | -2% | 9% | 18.7× | 7.2% | -9.5% |
| Patrick Industries PATK | United States | $2.53B | -17% | +2% | 6% | 16.8× | 9.3% | +9.7% |
| Dana DAN | United States | $2.17B | -38% | -9% | 4% | 6.1× | 8.8% | +1.1% |
| Bob's Discount Furniture BOBS | United States | $2.54B | +42% | +17% | 9% | 20.2× | 13.4% | +4.0% |
| Buckle BKE | United States | $2.16B | -20% | +6% | 22% | 10.3× | -5.2% | +7.6% |
| Bright Horizons Family Solutions BFAM | United States | $2.57B | -24% | +7% | 10% | 9.8× | 5.0% | +14.1% |
| Capri CPRI | United States | $2.12B | +11% | -14% | 3% | 9.4× | 21.3% | -3.1% |
| Kohl's KSS | United States | $2.61B | +59% | -3% | 4% | 15.3× | 0.0% | -0.5% |
| IMAX IMAX | United States | $2.61B | +35% | +15% | 23% | 18.8× | 12.2% | +24.5% |
| GigaCloud Technology GCT | United States | $2.08B | +45% | +23% | 12% | 11.1× | 8.0% | +36.2% |
| McGraw Hill MH | United States | $2.08B | -8% | 0% | 16% | 5.6× | -5.6% | +2.6% |
| QuantumScape QS | United States | $2.66B | -43% | n/a | n/a | n/a | n/a | n/a |
| Arhaus ARHS | United States | $2.01B | +118% | +5% | 7% | 26.2× | 28.4% | +22.1% |