Market Cap
US$10.6b
Last Updated
2020/06/04 05:05 UTC
Data Sources
Company Financials +
Executive Summary
Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada.
Rewards
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Adequate balance sheet with limited growth.
Similar Companies
Share Price & News
How has Lyft's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LYFT's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
8.5%
LYFT
1.4%
US Transportation
2.4%
US Market
1 Year Return
-44.1%
LYFT
-5.5%
US Transportation
9.2%
US Market
Return vs Industry: LYFT underperformed the US Transportation industry which returned -5.5% over the past year.
Return vs Market: LYFT underperformed the US Market which returned 9.2% over the past year.
Shareholder returns
| LYFT | Industry | Market | |
|---|---|---|---|
| 7 Day | 8.5% | 1.4% | 2.4% |
| 30 Day | 29.1% | 15.8% | 10.2% |
| 90 Day | -4.4% | 10.1% | 3.4% |
| 1 Year | -44.1%-44.1% | -4.2%-5.5% | 11.6%9.2% |
| 3 Year | n/a | 52.2%44.4% | 33.7%24.9% |
| 5 Year | n/a | 87.5%70.5% | 59.7%41.8% |
Price Volatility Vs. Market
How volatile is Lyft's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Lyft undervalued compared to its fair value and its price relative to the market?
4.05x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: LYFT ($34.44) is trading above our estimate of fair value ($11.38)
Significantly Below Fair Value: LYFT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LYFT is unprofitable, so we can't compare its PE Ratio to the Transportation industry average.
PE vs Market: LYFT is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LYFT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LYFT is overvalued based on its PB Ratio (4.1x) compared to the US Transportation industry average (2.4x).
Next Steps
Future Growth
How is Lyft forecast to perform in the next 1 to 3 years based on estimates from 36 analysts?
27.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LYFT is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: LYFT is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: LYFT is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: LYFT's revenue (23.7% per year) is forecast to grow faster than the US market (8.8% per year).
High Growth Revenue: LYFT's revenue (23.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LYFT is forecast to be unprofitable in 3 years.
Next Steps
Past Performance
How has Lyft performed over the past 5 years?
-36.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LYFT is currently unprofitable.
Growing Profit Margin: LYFT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LYFT is unprofitable, and losses have increased over the past 5 years at a rate of -36.5% per year.
Accelerating Growth: Unable to compare LYFT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LYFT is unprofitable, making it difficult to compare its past year earnings growth to the Transportation industry (-11.5%).
Return on Equity
High ROE: LYFT has a negative Return on Equity (-71.4%), as it is currently unprofitable.
Next Steps
Financial Health
How is Lyft's financial position?
Financial Position Analysis
Short Term Liabilities: LYFT's short term assets ($3.1B) exceed its short term liabilities ($2.6B).
Long Term Liabilities: LYFT's short term assets ($3.1B) exceed its long term liabilities ($413.1M).
Debt to Equity History and Analysis
Debt Level: LYFT's debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if LYFT's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: LYFT has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if LYFT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is Lyft's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LYFT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LYFT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if LYFT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LYFT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LYFT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.6yrs
Average management tenure
CEO
Logan Green (35yo)
8.42yrs
Tenure
US$801,564
Compensation
Mr. Logan D. Green is a Co-Founder of Lyft Inc. and has been its Chief Executive Officer and Director since 2012. Prior to founding Zimride, Mr. Green created the first car-share program at UC Santa Barbar ...
CEO Compensation Analysis
Compensation vs Market: Logan's total compensation ($USD801.56K) is below average for companies of similar size in the US market ($USD11.58M).
Compensation vs Earnings: Logan's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 8.42yrs | US$801.56k | 2.22% $234.5m | |
| Co-Founder | 1.42yrs | US$2.01m | 1.41% $149.0m | |
| Chief Financial Officer | 5.58yrs | US$9.57m | 0.32% $33.7m | |
| General Counsel & Secretary | 7.58yrs | US$5.99m | 0.093% $9.8m | |
| Chief Accounting Officer | 0.92yr | no data | 0.023% $2.5m | |
| Head of Investor Relations | no data | no data | no data | |
| Vice President of Corporate Development & Investor Relations | no data | no data | no data | |
| Chief Strategy Officer | 3.67yrs | no data | no data | |
| VP and Head of Communications & Public Relations | no data | no data | no data | |
| Chief Policy Officer | 1.67yrs | no data | no data |
5.6yrs
Average Tenure
42yo
Average Age
Experienced Management: LYFT's management team is seasoned and experienced (5.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 8.42yrs | US$801.56k | 2.22% $234.5m | |
| Co-Founder | 1.42yrs | US$2.01m | 1.41% $149.0m | |
| Independent Director | 2.58yrs | US$309.45k | 0.0011% $115.2k | |
| Independent Director | 2.08yrs | US$309.45k | 0.0048% $506.1k | |
| Independent Director | 4yrs | US$296.89k | 0.028% $3.0m | |
| Independent Director | 2.92yrs | US$301.84k | 0.0062% $650.9k | |
| Independent Director | 5.25yrs | US$290.42k | 0.0011% $115.2k | |
| Independent Chairman | 1.42yrs | US$342.56k | 0.46% $48.6m | |
| Independent Director | 4yrs | US$298.80k | 0.015% $1.6m |
2.9yrs
Average Tenure
53yo
Average Age
Experienced Board: LYFT's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.6%.
Top Shareholders
Company Information
Lyft, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Lyft, Inc.
- Ticker: LYFT
- Exchange: NasdaqGS
- Founded: 2007
- Industry: Trucking
- Sector: Transportation
- Market Cap: US$10.567b
- Shares outstanding: 306.81m
- Website: https://www.lyft.com
Number of Employees
Location
- Lyft, Inc.
- 185 Berry Street
- Suite 5000
- San Francisco
- California
- 94107
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| LY0 | DB (Deutsche Boerse AG) | Yes | Class A Common Stock | DE | EUR | Mar 2019 |
| LYFT | WBAG (Wiener Boerse AG) | Yes | Class A Common Stock | AT | EUR | Mar 2019 |
| LYFT | NasdaqGS (Nasdaq Global Select) | Yes | Class A Common Stock | US | USD | Mar 2019 |
| LYFT * | BMV (Bolsa Mexicana de Valores) | Yes | Class A Common Stock | MX | MXN | Mar 2019 |
| 0A2O | LSE (London Stock Exchange) | Yes | Class A Common Stock | GB | USD | Mar 2019 |
Biography
Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. The company offers riders, personalized and on-demand access to various transportation options. It provides Ridesharing Marketplace, which enable drivers to provide their transportation services to riders. The company also offers a network of shared bikes and scooters in various cities to address the needs of riders for shorter routes; Express Drive program, a flexible car rentals program that connects drivers who need access to a car with third-party rental car companies; and concierge for organizations to manage the transportation needs of their customers and employees. In addition, it integrates third-party public transit data into the Lyft app to offer riders various transportation options; offers various enterprise programs, including monthly ride credits for daily commutes, supplementing public transit by providing rides for the first and last leg of commute trips, late-night rides home, and shuttle replacement rides; and provides transportation solutions that can be customized for events, such as recruiting events, conferences, celebrations, meetings, and company retreats. The company was formerly known as Zimride, Inc. and changed its name to Lyft, Inc. in April 2013. Lyft, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/04 05:05 |
| End of Day Share Price | 2020/06/03 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.