COMP <GO>

YELP vs V // GROSS PROFIT MARGIN

Yelp Inc. (NYSE) VS. Visa Inc. (NYSE) • 15-METRIC TALLY: YELP 2 — V 9

■ METRIC PARITY

LAST: $18.96 (+2.93%) • MKT CAP: $1.03B

gross-margins

—

LAST: $410.54 (+2.48%) • MKT CAP: $733.53B

gross-margins

—

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (YELP VS. V) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	YELP	V	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin ACTIVE	—	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	29.50%	32.30%	-2.80	V	/roic <GO>
EV/EBITDA & P/E Valuation	3.6x	28.9x	-25.30	YELP	/valuation <GO>
Free Cash Flow Yield	—	2.90%	—	TIE	/fcf-yield <GO>
Operating Margin	12.60%	60.00%	-47.40	V	/operating-margins <GO>
Net Profit Margin	9.90%	50.10%	-40.20	V	/net-margins <GO>
Revenue Growth (YoY)	3.70%	11.30%	-7.60	V	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.63%	-0.63	V	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	3.20	9.09	-5.89	V	/balance-sheet <GO>
Piotroski F-Score Quality	6/9	9/9	-3.00	V	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	46.9	65.6	-18.75	V	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	1.06	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	6.6x	34.0x	-27.40	YELP	/forward-pe <GO>
Enterprise Scale & Market Cap	$1.03B	$733.53B	-$732.51B	V	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	YELP REV	V REV	YELP GROSS %	V GROSS %	YELP FCF	V FCF
FY 2025	$1.46B	$40.00B	—	—	$323.7M	$21.26B
FY 2024	$1.41B	$35.93B	—	—	$248.5M	$18.33B
FY 2023	$1.34B	$32.65B	—	—	$306.3M	$19.29B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

YELP // BETA —

V // BETA 1.06