Stock Analysis on Net

Twitter Inc. (NYSE:TWTR)

This company has been moved to the archive! The financial data has not been updated since July 26, 2022.

Common Stock Valuation Ratios (Price Multiples) 
Quarterly Data

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Historical Valuation Ratios (Summary)

Twitter Inc., historical price multiples (quarterly data)

Microsoft Excel
Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Price to earnings (P/E) 167.74 141.83 17.39 20.69 14.47 13.89 22.97 19.57 24.75 102.91 1,592.79
Price to operating profit (P/OP) 139.64 510.79 2,149.42 83.03 82.78 55.14 69.87 64.98 52.03 72.30 87.45 149.95 633.05
Price to sales (P/S) 5.76 7.16 5.71 9.13 12.25 11.17 15.42 9.58 8.66 6.33 8.77 6.90 9.93 9.69 7.75 9.00 8.82 9.02 10.04
Price to book value (P/BV) 5.07 6.36 3.97 6.11 7.07 5.70 7.19 4.21 3.76 2.50 3.48 2.75 3.92 4.33 3.47 3.99 4.27 4.43 4.86 3.17 2.52 2.84

Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

Valuation ratio Description The company
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Twitter Inc. P/S ratio increased from Q4 2021 to Q1 2022 but then slightly decreased from Q1 2022 to Q2 2022 not reaching Q4 2021 level.
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Twitter Inc. P/BV ratio increased from Q4 2021 to Q1 2022 but then slightly decreased from Q1 2022 to Q2 2022 not reaching Q4 2021 level.

Price to Earnings (P/E)

Twitter Inc., historical P/E calculation (quarterly data)

Microsoft Excel
Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
No. shares of common stock outstanding1 765,246,152 764,180,688 800,641,166 799,609,869 797,966,577 798,126,631 798,152,488 795,349,591 790,948,953 784,629,121 782,287,089 776,356,684 773,017,657 768,631,304 766,824,550 761,250,269 757,845,929 752,666,518 750,904,551 742,793,573 737,893,225 730,833,073
Selected Financial Data (US$)
Net income (loss) (in thousands) (270,007) 513,286 181,694 (536,757) 65,649 68,005 222,116 28,659 (1,378,005) (8,396) 118,773 36,522 1,119,560 190,804 255,303 789,179 100,117 60,997 91,079 (21,095) (116,488) (61,559)
Earnings per share (EPS)2 -0.15 0.29 -0.28 -0.23 0.48 -1.33 -1.42 -1.56 -1.56 1.61 1.87 2.06 3.05 1.74 1.57 1.37 0.30 0.02 -0.14 0.00 0.00 0.00
Share price1, 3 39.34 49.14 36.24 54.81 68.33 55.22 71.79 41.36 36.39 28.07 38.77 29.86 42.31 39.91 30.76 33.86 31.38 30.67 32.66 20.61 16.18 18.24
Valuation Ratio
P/E ratio4 167.74 141.83 17.39 20.69 14.47 13.89 22.97 19.57 24.75 102.91 1,592.79
Benchmarks
P/E Ratio, Competitors5
Alphabet Inc. 20.58 20.32 25.74 27.53 28.90 31.05 34.65 30.70 31.99 26.52 28.96
Comcast Corp. 12.39 13.00 16.01 16.37 21.39 22.12 22.37 19.10 17.33 14.74 15.39
Meta Platforms Inc. 12.84 14.91 16.44 21.80 25.93 27.69 25.89 29.65 30.73 27.83 32.31
Netflix Inc. 19.54 19.36 33.56 57.28 51.57 60.01 86.39 76.39 82.63 85.48 80.66
Walt Disney Co. 72.29 86.97 137.89 289.34 33.92 25.19 23.96

Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Data adjusted for splits and stock dividends.

2 Q2 2022 Calculation
EPS = (Net income (loss)Q2 2022 + Net income (loss)Q1 2022 + Net income (loss)Q4 2021 + Net income (loss)Q3 2021) ÷ No. shares of common stock outstanding
= (-270,007,000 + 513,286,000 + 181,694,000 + -536,757,000) ÷ 765,246,152 = -0.15

3 Closing price as at the filing date of Twitter Inc. Quarterly or Annual Report.

4 Q2 2022 Calculation
P/E ratio = Share price ÷ EPS
= 39.34 ÷ -0.15 =

5 Click competitor name to see calculations.


Price to Operating Profit (P/OP)

Twitter Inc., historical P/OP calculation (quarterly data)

Microsoft Excel
Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
No. shares of common stock outstanding1 765,246,152 764,180,688 800,641,166 799,609,869 797,966,577 798,126,631 798,152,488 795,349,591 790,948,953 784,629,121 782,287,089 776,356,684 773,017,657 768,631,304 766,824,550 761,250,269 757,845,929 752,666,518 750,904,551 742,793,573 737,893,225 730,833,073
Selected Financial Data (US$)
Income (loss) from operations (in thousands) (343,762) (127,833) 167,375 (742,548) 30,252 52,182 251,924 56,107 (273,930) (7,443) 152,884 44,145 75,686 93,658 206,908 91,868 79,624 74,925 110,098 7,279 (38,359) (40,278)
Operating profit per share2 -1.37 -0.88 -0.62 -0.51 0.49 0.11 0.03 -0.09 -0.11 0.34 0.47 0.54 0.61 0.61 0.59 0.47 0.36 0.20 0.05 0.00 0.00 0.00
Share price1, 3 39.34 49.14 36.24 54.81 68.33 55.22 71.79 41.36 36.39 28.07 38.77 29.86 42.31 39.91 30.76 33.86 31.38 30.67 32.66 20.61 16.18 18.24
Valuation Ratio
P/OP ratio4 139.64 510.79 2,149.42 83.03 82.78 55.14 69.87 64.98 52.03 72.30 87.45 149.95 633.05
Benchmarks
P/OP Ratio, Competitors5
Alphabet Inc. 17.97 18.39 24.86 26.82 29.02 32.10 33.85 31.47 30.75 25.72 29.05
Comcast Corp. 7.83 8.75 10.89 11.91 14.39 14.66 13.47 10.47 9.93 8.26 9.51
Meta Platforms Inc. 10.83 12.68 13.84 18.71 22.67 24.49 23.10 26.06 25.90 21.96 24.90
Netflix Inc. 16.77 15.62 27.71 44.39 37.28 40.38 52.02 52.42 59.01 61.48 57.82
Walt Disney Co. 35.31 53.03 91.54 197.21 242.78 21.67 26.30 24.82

Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Data adjusted for splits and stock dividends.

2 Q2 2022 Calculation
Operating profit per share = (Income (loss) from operationsQ2 2022 + Income (loss) from operationsQ1 2022 + Income (loss) from operationsQ4 2021 + Income (loss) from operationsQ3 2021) ÷ No. shares of common stock outstanding
= (-343,762,000 + -127,833,000 + 167,375,000 + -742,548,000) ÷ 765,246,152 = -1.37

3 Closing price as at the filing date of Twitter Inc. Quarterly or Annual Report.

4 Q2 2022 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 39.34 ÷ -1.37 =

5 Click competitor name to see calculations.


Price to Sales (P/S)

Twitter Inc., historical P/S calculation (quarterly data)

Microsoft Excel
Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
No. shares of common stock outstanding1 765,246,152 764,180,688 800,641,166 799,609,869 797,966,577 798,126,631 798,152,488 795,349,591 790,948,953 784,629,121 782,287,089 776,356,684 773,017,657 768,631,304 766,824,550 761,250,269 757,845,929 752,666,518 750,904,551 742,793,573 737,893,225 730,833,073
Selected Financial Data (US$)
Revenue (in thousands) 1,176,660 1,200,984 1,567,220 1,283,817 1,190,427 1,036,018 1,289,041 936,233 683,438 807,637 1,007,341 823,717 841,381 786,890 908,836 758,111 710,541 664,871 731,560 589,633 573,855 548,251
Sales per share2 6.83 6.86 6.34 6.00 5.58 4.94 4.66 4.32 4.20 4.44 4.42 4.33 4.26 4.12 3.97 3.76 3.56 3.40 3.25 0.00 0.00 0.00
Share price1, 3 39.34 49.14 36.24 54.81 68.33 55.22 71.79 41.36 36.39 28.07 38.77 29.86 42.31 39.91 30.76 33.86 31.38 30.67 32.66 20.61 16.18 18.24
Valuation Ratio
P/S ratio4 5.76 7.16 5.71 9.13 12.25 11.17 15.42 9.58 8.66 6.33 8.77 6.90 9.93 9.69 7.75 9.00 8.82 9.02 10.04
Benchmarks
P/S Ratio, Competitors5
Alphabet Inc. 5.33 5.60 7.60 8.13 8.26 8.11 7.65 6.39 6.08 5.49 6.14
Comcast Corp. 1.43 1.55 1.95 2.08 2.45 2.49 2.28 1.89 1.89 1.58 1.84
Meta Platforms Inc. 3.62 4.65 5.49 7.82 9.64 9.90 8.78 9.49 9.62 7.95 8.45
Netflix Inc. 3.21 3.19 5.78 10.10 8.21 8.55 9.54 9.00 9.79 8.91 7.47
Walt Disney Co. 2.50 3.67 4.08 5.12 5.55 5.70 4.13 3.04 2.33 3.48 3.81

Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Data adjusted for splits and stock dividends.

2 Q2 2022 Calculation
Sales per share = (RevenueQ2 2022 + RevenueQ1 2022 + RevenueQ4 2021 + RevenueQ3 2021) ÷ No. shares of common stock outstanding
= (1,176,660,000 + 1,200,984,000 + 1,567,220,000 + 1,283,817,000) ÷ 765,246,152 = 6.83

3 Closing price as at the filing date of Twitter Inc. Quarterly or Annual Report.

4 Q2 2022 Calculation
P/S ratio = Share price ÷ Sales per share
= 39.34 ÷ 6.83 = 5.76

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Twitter Inc. P/S ratio increased from Q4 2021 to Q1 2022 but then slightly decreased from Q1 2022 to Q2 2022 not reaching Q4 2021 level.

Price to Book Value (P/BV)

Twitter Inc., historical P/BV calculation (quarterly data)

Microsoft Excel
Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
No. shares of common stock outstanding1 765,246,152 764,180,688 800,641,166 799,609,869 797,966,577 798,126,631 798,152,488 795,349,591 790,948,953 784,629,121 782,287,089 776,356,684 773,017,657 768,631,304 766,824,550 761,250,269 757,845,929 752,666,518 750,904,551 742,793,573 737,893,225 730,833,073
Selected Financial Data (US$)
Stockholders’ equity (in thousands) 5,932,481 5,904,916 7,307,199 7,172,631 7,716,128 7,736,650 7,970,082 7,812,088 7,658,055 8,795,627 8,704,386 8,415,642 8,344,814 7,088,819 6,805,594 6,452,572 5,570,904 5,210,436 5,047,218 4,829,406 4,728,896 4,690,376
Book value per share (BVPS)2 7.75 7.73 9.13 8.97 9.67 9.69 9.99 9.82 9.68 11.21 11.13 10.84 10.80 9.22 8.88 8.48 7.35 6.92 6.72 6.50 6.41 6.42
Share price1, 3 39.34 49.14 36.24 54.81 68.33 55.22 71.79 41.36 36.39 28.07 38.77 29.86 42.31 39.91 30.76 33.86 31.38 30.67 32.66 20.61 16.18 18.24
Valuation Ratio
P/BV ratio4 5.07 6.36 3.97 6.11 7.07 5.70 7.19 4.21 3.76 2.50 3.48 2.75 3.92 4.33 3.47 3.99 4.27 4.43 4.86 3.17 2.52 2.84
Benchmarks
P/BV Ratio, Competitors5
Alphabet Inc. 5.80 5.96 7.78 7.95 7.66 6.93 6.27 5.15 4.87 4.50 4.94 4.47 4.51 4.50
Comcast Corp. 1.90 1.97 2.36 2.48 2.81 2.80 2.61 2.29 2.39 2.11 2.43 2.61 2.64 2.60
Meta Platforms Inc. 3.43 4.52 5.18 6.59 7.31 6.99 5.88 6.37 6.54 5.54 5.91 5.81 6.45 6.38
Netflix Inc. 5.22 5.53 10.83 18.89 16.34 17.51 21.56 20.75 23.74 22.69 19.86 17.58 22.60 27.62
Walt Disney Co. 2.11 2.98 3.11 3.76 3.79 4.12 3.23 2.47 2.02 2.91 2.98 2.82 2.70 3.34

Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Data adjusted for splits and stock dividends.

2 Q2 2022 Calculation
BVPS = Stockholders’ equity ÷ No. shares of common stock outstanding
= 5,932,481,000 ÷ 765,246,152 = 7.75

3 Closing price as at the filing date of Twitter Inc. Quarterly or Annual Report.

4 Q2 2022 Calculation
P/BV ratio = Share price ÷ BVPS
= 39.34 ÷ 7.75 = 5.07

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Twitter Inc. P/BV ratio increased from Q4 2021 to Q1 2022 but then slightly decreased from Q1 2022 to Q2 2022 not reaching Q4 2021 level.