CART (Maplebear) EV-to-EBIT: 18.64 (As of Jul. 07, 2026) — Near Median


CART Maplebear Inc CART
63 GF Score
Price $48.09
GF Value $43.74
Valuation Fairly Valued
! 3 Warning Signs
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What is Maplebear EV-to-EBIT?

Maplebear CART +1.54% 63 EV-to-EBIT is 18.64 as of Jul. 07, 2026, which is 4% above its 10-year median of 17.86. GuruFocus rates CART with a GF Score™ of 63/100 and a GF Value™ of $43.74 (Fairly Valued). The stock has 3 warning signs investors should review. Among 868 Retail - Cyclical companies, Maplebear ranks worse than 66.13% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Maplebear's Enterprise Value is $10,644 Mil. Maplebear's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $571 Mil. Therefore, Maplebear's EV-to-EBIT for today is 18.64.

The historical rank and industry rank for Maplebear's EV-to-EBIT or its related term are showing as below:

CART' s EV-to-EBIT Range Over the Past 10 Years
Min: -4.81   Med: 17.86   Max: 31.92
Current: 18.64

During the past 6 years, the highest EV-to-EBIT of Maplebear was 31.92. The lowest was -4.81. And the median was 17.86.

CART's EV-to-EBIT is ranked worse than
66.13% of 868 companies
in the Retail - Cyclical industry
Industry Median: 13.47 vs CART: 18.64

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Maplebear's Enterprise Value for the quarter that ended in Mar. 2026 was $8,211 Mil. Maplebear's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $571 Mil. Maplebear's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.95%.


Maplebear  (NAS:CART) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Maplebear's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=571/8211.1566
=6.95 %

Maplebear's Enterprise Value for the quarter that ended in Mar. 2026 was $8,211 Mil.
Maplebear's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $571 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Maplebear EV-to-EBIT Related Terms


Maplebear EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Maplebear's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Maplebear EV-to-EBIT Chart

Maplebear Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial 0.00 0.00 -2.06 19.36 20.63

Maplebear Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.48 19.69 14.51 20.63 14.38

CART vs W, CHWY, ETSY: EV-to-EBIT Comparison

For the Internet Retail subindustry, Maplebear's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Maplebear EV-to-EBIT vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Maplebear's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Maplebear's EV-to-EBIT falls into.


CART
63GF Score
Maplebear Inc CART
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Maplebear EV-to-EBIT Calculation

Maplebear's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=10644.234/571
=18.64

Maplebear's current Enterprise Value is $10,644 Mil.
Maplebear's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $571 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 18.64 mean?
Maplebear (CART) has a EV-to-EBIT of 18.64 as of Jul. 07, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Maplebear and its competitors. This is near median its historical median of 17.86. According to the industry distribution chart, Maplebear ranks #574 out of 868 companies in the Retail - Cyclical industry, placing it in the top 66.1%.
Is Maplebear's EV-to-EBIT too high?
Maplebear's current EV-to-EBIT of 18.64 is near median its 10-year median of 17.86. The Retail - Cyclical industry median EV-to-EBIT is 13.47. Maplebear's value of 18.64 is 38.4% above this industry median. Based on the distribution chart, Maplebear ranks #574 out of 868 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Maplebear has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maplebear's EV-to-EBIT compare to W and CHWY?
According to the Retail - Cyclical industry distribution chart, Maplebear ranks #574 out of 868 companies for EV-to-EBIT. This places Maplebear in the lower half of its industry. The industry median EV-to-EBIT is 13.47. Maplebear's value of 18.64 is 38.4% above this benchmark. While the company's 10-year median is 17.86 vs. the industry median of 13.47, Maplebear has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Retail - Cyclical company?
The median EV-to-EBIT among Retail - Cyclical companies is 13.47, based on 868 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Maplebear's current EV-to-EBIT of 18.64 is 38.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Maplebear and its competitors. For the Retail - Cyclical industry, the median EV-to-EBIT is 13.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maplebear's current EV-to-EBIT is 18.64, which is near median its own 10-year median of 17.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maplebear stock overvalued right now?
Based on GuruFocus' analysis, Maplebear (CART) is currently considered Fairly Valued. The stock's GF Value™ is $43.74, compared to a current price of $48.09 — trading 9.9% above its estimated fair value. The current EV-to-EBIT is 18.64, which is near median its 10-year median of 17.86 and 38.4% above the Retail - Cyclical industry median of 13.47. Maplebear's overall GF Score™ is 63/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Maplebear (CART), the current EV-to-EBIT is 18.64 as of Jul. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Maplebear (CART) Overvalued in 2026?

Based on GuruFocus' analysis, Maplebear stock appears to be overvalued. The current stock price of $48.09 is trading 9.9% above its estimated GF Value™ of $43.74. GuruFocus considers Maplebear to be Fairly Valued.

Key valuation signals for CART:

  • EV-to-EBIT: 18.64 (near median its 10-year median of 17.86)
  • GF Value™: $43.74 vs. price of $48.09 (9.9% above fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 38.4% above the Retail - Cyclical median (#574 of 868)

No single metric tells the full story. See the CART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maplebear Business Description

Address 50 Beale Street, Suite 600, San Francisco, CA, USA, 94105
Maplebear (Instacart) is a grocery-focused delivery marketplace that connects national and regional grocers with consumers and couriers, and consumers with their favorite stores. Its app provides on-demand convenience for consumers, allows couriers to earn income, and helps grocers to scale their business through digital channels. The marketplace gathers valuable consumer behavior data, attracting consumer-packaged-goods advertisers that seek to reach consumers at the point of purchase. With approximately 600,000 shoppers and 1,800 retail partners, Instacart delivers to about 98% of households in the United States and Canada.
63GF Score

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EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$48.09
Price
$43.74
GF Value