Stock Analysis
Maplebear Inc. Common StockCART
P/E 23.98×· 3Y range 17.91–34.61×· 44th percentile of history
Sector: Technology · Industry: Services-Business Services, Nec
AnalystsBuy40 analystsP/E 24.0× sits at the 44th percentile of its 3.07460643394935-year history.
Cash covers 2500% of debt · Q2 2026.
PMP Verdict
High quality, fairly valued
Strengths
- Financial Health100
- Profitability77
Risks
- Growth45
Strong fundamentals at a reasonable valuation.
Market context
-2.5% today· Z 1.9σ
Bull Case
- ✓Altman Z 6.9 — safe-zone balance sheet
- ✓ROE 19.1% — efficient capital deployment
- ✓Revenue CAGR 19.5% — durable top-line growth
What's happening with CART
Profile
Strong financial health and profitability; growth and moat lag behind.
How is each axis scored?
- Valuation69/100 · Moderate
- P/E vs own history (44th pct)12/25
- FCF yield (10.0%)25/25
- P/S (2.9x)20/25
- EV/EBIT (18.6x)12/25
- Growth45/100 · Weak
- Revenue CAGR (19.5%)20/25
- Net income CAGR (n/a)0/25
- EPS CAGR 5Y (n/a)0/25
- Fwd implied growth (49.5%)25/25
- Profitability77/100 · Strong
- ROIC (27.3%)25/25
- ROE (19.1%)20/25
- Net margin (12.0%)20/25
- Operating margin (14.8%)12/25
- Financial Health100/100 · Strong
- Altman Z (6.89)25/25
- Current ratio (2.28)25/25
- Interest coverage (no interest expense)25/25
- Net cash / debt (Net cash)25/25
- Quality65/100 · Moderate
- Piotroski F (6/9)15/25
- Beneish M (-3.39)25/25
- FCF conversion (244%)25/25
- Margin stability (σ 29.8%)0/25
- Moat49/100 · Weak
- ROIC >12% years (2/5 yrs)6/25
- Median gross margin (73.7%)25/25
- FCF-positive years (4/5 yrs)18/25
- Worst-year net margin (worst -53.3%)0/25
Risk Flags
- ⚠SBC 10.0% of revenue — real dilution cost
- ⚠2 loss-making years in recent history
About Maplebear Inc. Common Stock
Maplebear (Instacart) is a grocery-focused delivery marketplace that connects national and regional grocers with consumers and couriers, and consumers with their favorite stores. Show more
Its app provides on-demand convenience for consumers, lets couriers earn income, and helps grocers scale 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 2,200 retail partners, Instacart delivers to about 98% of households in the United States and Canada.
Headquarters: SAN FRANCISCO, CA · Employees: 3,600 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
69BP/E (TTM)23.9xB
Grade B: FairPrice / TTM EPS (own statements) — vs own 3Y history: 17.9x–34.6x · 44th pct
P/FCF10.1xA
Grade A: CheapPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield10.0%A
Grade A: ValueTTM (OCF − CapEx) / Market Cap — vs own 3Y history: 2.7%–12.0% · 92nd pct
P/S (TTM)2.95xB
Grade B: FairPrice / TTM Revenue (own statements) — vs own 3Y history: 2.4x–6.5x · 28th pct
EV/EBIT18.6xC
Grade C: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 3Y history: 14.7x–36.9x · 39th pct
EV/Sales2.8xB
Grade B: FairEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E16.0xB
Grade B: FairPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio4.67xC
Grade C: ExpensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio0.84A
Grade A: CheapFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
77B+ROIC27.3%A
Grade A: MoatNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE19.1%C
Grade C: AverageReturn on Equity. Neg. equity = heavy buybacks
ROA12.6%A
Grade A: StrongReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin12.0%A
Grade A: HighNet Income / Revenue
Operating Margin14.8%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin72.6%A
Grade A: PremiumGross Profit / Revenue
FCF Margin29.5%A
Grade A: HighFCF / Revenue
True FCF Margin19.4%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
45D+Revenue CAGR19.5%A
Grade A: HighCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR—
Compound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)—
Compound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth49.5%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)—
Share count change over 5Y
SBC / Net Income83.4%D
Grade D: HighStock-based comp/Net income. >30% = dilution risk
SBC / Revenue10.0%D
Grade D: HighTTM stock-based comp / TTM Revenue
Financial Health
100A+Altman Z-Score6.89A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio2.28xA
Grade A: HighCurrent Assets/Liabilities
Quick Ratio2.09xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage—
EBIT/Interest. >10 Strong
Debt RepaymentNet CashA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBITNet CashA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity0.01xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt25.00xA
Grade A: CoveredCash covers how much of total debt. >1 = could repay all debt from cash
Quality
65BPiotroski F-Score6/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-3.39A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion244.5%A
Grade A: StrongFCF / Net Income
Margin Stability29.8%D
Grade D: VolatileEBIT margin std deviation. Lower = stable
Capex / Revenue1.4%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover1.05xA
Grade A: HighRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Fong Morgan Filed | Fong Morgan | Option exercise | -18390 | |
Fong Morgan Filed | Fong Morgan | SellOpen market sale | -773 | |
Fong Morgan Filed | Fong Morgan | SellOpen market sale | -17617 | |
Fong Morgan Filed | Fong Morgan | Option exercise | +18.4K | |
BLACKWOOD-KAPRAL LISA Filed | BLACKWOOD-KAPRAL LISA | SellOpen market sale | -3017 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Laughton Mary Beth Filed | Laughton Mary Beth | SellOpen market sale | -10236 | |
Fong Morgan Filed | Fong Morgan | Option exercise | -18390 | |
Fong Morgan Filed | Fong Morgan | SellOpen market sale | -4299 |
Option exercise (M) rows report a derivative leg, not an open-market sale — a paired negative entry is the option position being consumed.
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
49D+ROIC >12% Years2/5 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)73.7%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years4/5 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor-53.3%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$2.08
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$3.65
Cash & short-term investments per share (Finnhub)
Book Value / Share$10.83
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$34.00M
Total debt obligations (short + long term)
Cash & Equiv.$850.00M
Cash and short-term investments
Net Debt$-816.00MA
Grade A: Net CashTotal Debt minus Cash. Negative = Net Cash position
Total Equity$2.52B
Shareholders' equity (book value)
Asset / Liability3.55xA
Grade A: SolidTotal Assets / Total Liabilities
Market
Market Cap$11.77B
Current Market Capitalization
Beta0.84B
Grade B: MarketPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Maplebear Inc. Common Stock (CART)
CART is down 2.54% at the last close. Piotroski F-Score of 6/9 indicates mixed fundamentals for Maplebear Inc. Common Stock. Altman Z-Score of 6.89 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk. Beneish M-Score of -3.39 suggests a low likelihood of earnings manipulation.
- Revenue has compounded at roughly 20% annually — a strong growth profile.
- Maplebear Inc. Common Stock converts about 29% of revenue into free cash flow — strong cash generation.
- Company is effectively debt-free after netting cash.
- Maplebear Inc. Common Stock posted a net loss in 2 of 5 available completed fiscal years (2021–2025).
See how CART ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all CART moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 13 | Regular | 49.76 | +4.02% | 2.16 |
| Oct 13 | After-hours | 50.04 | +4.62% | 2.48 |
| Sep 23 | Pre-market | 46.49 | +4.68% | 2.26 |
Frequently Asked Questions about CART
What is the current Maplebear Inc. Common Stock (CART) stock price?
CART is trading at $49.83 at the last market close, down 2.54% on the session. PreMarketPrice tracks CART pre-market, intraday and after-hours prices.
Is CART stock a buy right now?
PreMarketPrice's quantitative model rates Maplebear Inc. Common Stock's financial health at 100/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is CART stock overvalued?
Maplebear Inc. Common Stock trades at a trailing P/E of 23.9 and our valuation score rates it 69/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Maplebear Inc. Common Stock report earnings?
No confirmed earnings date is currently scheduled for CART. The Earnings section lists recent reports and updates as dates are announced.
What sector does Maplebear Inc. Common Stock operate in?
Maplebear Inc. Common Stock operates in the Technology sector, within the Services-Business Services, Nec industry. The Related Stocks section lists sector peers for comparison.
What does Maplebear Inc. Common Stock do?
Maplebear (Instacart) is a grocery-focused delivery marketplace that connects national and regional grocers with consumers and couriers, and consumers with their favorite stores.
About Maplebear Inc. Common Stock (CART) Stock
Maplebear Inc. Common Stock (CART) is a US-listed stock operating in the Technology sector, specifically the Services-Business Services, Nec industry. As of the latest update, Maplebear Inc. Common Stock is trading at $49.83, down 2.54% on the day with a market capitalization of $11.8 billion. The financial health score for CART is 100/100, which indicates excellent financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for CART stock.
CART Stock Analysis & Key Metrics
On PreMarketPrice, you can track Maplebear Inc. Common Stock (CART) across multiple dimensions:
- Pre-market price & movement: Real-time CART stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for CART with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Maplebear Inc. Common Stock across multiple reporting periods.
- Financial health score: A composite score of 100/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for CART.
- Sector peers: Compare CART against 6 other technology stocks on key financial metrics.
Is CART a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Maplebear Inc. Common Stock (CART) as an investment. The financial health score of 100/100 suggests excellent financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Maplebear Inc. Common Stock (CART) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.