Question 1

What is Reddit's EV/EBITDA ratio?

Accepted Answer

Reddit (RDDT) EV/EBITDA ratio is 44.0× as of July 22, 2026. The ratio is calculated by dividing enterprise value by trailing twelve-month EBITDA, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the EV/EBITDA ratio calculated?

Accepted Answer

EV/EBITDA = Enterprise Value ÷ Trailing Twelve-Month (TTM) EBITDA, where Enterprise Value = Market Capitalisation + Total Debt − Cash & Short-Term Investments. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the EV/EBITDA ratio?

Accepted Answer

The EV/EBITDA ratio (the enterprise multiple) compares enterprise value (EV) to trailing twelve-month (TTM) EBITDA. EV is calculated as market capitalisation + total debt − cash & short-term investments. Because EV/EBITDA is capital-structure-neutral and ignores non-cash depreciation and amortisation, it is the standard multiple used in M&A and for cross-company or cross-border comparisons. Note: this calculation uses a simplified EV (minority interest and preferred equity excluded due to data availability), consistent with most public financial-data providers.

Question 4

What is a good EV/EBITDA ratio for Reddit?

Accepted Answer

Mature, cash-generative businesses commonly trade in the 8–12× EV/EBITDA range; higher-growth, asset-light companies often trade at 15–25×+. EV/EBITDA is most useful for comparing companies with different capital structures (debt levels) or tax regimes. For Reddit specifically, the relevant sector benchmark is the current sector median of 11.1×.

Question 5

Is Reddit's EV/EBITDA ratio high or low?

Accepted Answer

Reddit's EV/EBITDA ratio of 44.0× is below its own 5-year average of 94.0× and above the sector median of 11.1×. That places the current reading at the 10th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Reddit's historical EV/EBITDA ratio range?

Accepted Answer

In the available daily series, Reddit (RDDT) EV/EBITDA ratio has ranged from a low of 35.9× in 2026 to a high of 213.2× in 2025. The 5-year average is 94.0× and the 5-year median is 114.1×.

Question 7

What was Reddit's EV/EBITDA ratio in 2025?

Accepted Answer

Reddit (RDDT) EV/EBITDA ratio at the end of 2025 was 75.7×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month EBITDA figure available at that date.

Question 8

Why does Reddit's EV/EBITDA ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (enterprise value, which tracks share price plus net debt) and the denominator (EBITDA). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$43.7B	$545M	75.7×	—	Dec 31, 2025
2024	$29.5B	-$470M	—	—	Dec 31, 2024
2023	$8.24B	-$73.3M	—	—	Dec 31, 2023
2022	$8.24B	-$150M	—	—	Dec 31, 2022
2021	$8.24B	-$125M	—	—	Dec 31, 2021


DoorDash (DASH)	35.1×
Roku (ROKU)	28.8×
Pinterest (PINS)	26.2×
Spotify (SPOT)	26.1×
Live Nation Entertainment (LYV)	23.2×
Omnicom Group (OMC)	19.8×
TKO Group Holdings (TKO)	12.9×
Meta (META)	12.8×
T-Mobile US (TMUS)	12.4×
News (NWSA)	11.2×
John Wiley & Sons (WLY)	11.0×
Walt Disney (DIS)	10.4×
Netflix (NFLX)	9.9×
Match Group (MTCH)	9.6×
Fox (FOXA)	9.0×
Verizon (VZ)	8.2×
Warner Bros. Discovery (WBD)	7.7×
Charter Communications (CHTR)	6.0×
Telephone and Data Systems (TDS)	5.1×
Comcast (CMCSA)	4.2×
Versant Media Group, Inc. Class A (VSNT)	3.2×

EV/EBITDA for Reddit (RDDT) 2025-2026

EV/EBITDA daily chart for Reddit (RDDT)

Historical EV/EBITDA for Reddit (RDDT) from 2021 to 2025

About EV/EBITDA at Reddit (RDDT)

Reddit EV/EBITDA by Year

Reddit EV/EBITDA 2025: 75.7×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

Reddit (RDDT) Key Financials