StockData
Clear Secure, Inc. logo

Clear Secure, Inc. (YOU) stock analysis

YOUNYSEServices-Prepackaged SoftwareFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 4, 2026Score 13/3037% above fair value
$55.41−0.33 (-0.59%)

Close on Nov 11, 2026Market cap $7.50BP/E –Yield –

StockData Score

Prices as of Nov 11, 2026How the score works

Value0Growth3Performance4Health5Dividend1

Mixed13 of 30 checks passed

Clear Secure passes 13 of the 30 checks behind our score; 11 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.

Valuation
0/6
Growth
3/6
Past performance
4/6
Financial health
5/6
Dividend
1/6

What stands out

  • Return on equity over 15%

    Return on equity was 129% over the last twelve months and averaged 22.3% over five years.

  • No debt

    Clear Secure has no borrowings on its latest balance sheet.

  • Revenue growing 10%+ a year

    Revenue grew 27.2% a year over the last three fiscal years.

  • Interest well covered

    No meaningful interest expense to cover.

What to watch

  • Margin of safety under 20%

    The price is 36.7% above fair value, so there is no margin of safety.

  • Trading above fair value

    The share price of $55.41 is above our fair value estimate of $40.52.

  • P/B above the industry

    Clear Secure's price-to-book of 62.36 is above the Computer Programming, Data Processing, and Other Computer Related Services median of 3.32.

  • Short-term assets don't cover short-term debts

    Current assets are 0.99 times current liabilities.

Valuation0/6

  • P/E against its history

    Not enough price and earnings history to compare.

  • P/E against the industry

    Needs positive earnings and enough profitable companies in the industry.

  • EV/EBITDA against its history

    Needs positive EBITDA and price history.

  • P/B above the industry

    Clear Secure's price-to-book of 62.36 is above the Computer Programming, Data Processing, and Other Computer Related Services median of 3.32.

  • Trading above fair value

    The share price of $55.41 is above our fair value estimate of $40.52.

  • Margin of safety under 20%

    The price is 36.7% above fair value, so there is no margin of safety.

Growth3/6

  • Revenue growing 10%+ a year

    Revenue grew 27.2% a year over the last three fiscal years.

  • EPS growth over 3 years

    Needs positive EPS three years ago and today.

  • Earnings acceleration

    Needs positive net income now, a year ago and five years ago.

  • Growing faster than the industry

    Revenue grew 22.9% over the last twelve months; the Computer Programming, Data Processing, and Other Computer Related Services median is 9.6%.

  • Guidance raised

    Clear Secure raised its Full Year 2026 Free Cash Flow outlook on Aug 5, 2026.

  • Gross margin trend

    This company does not report gross profit.

Past performance4/6

  • Return on equity over 15%

    Return on equity was 129% over the last twelve months and averaged 22.3% over five years.

  • Return on invested capital

    Needs operating income and invested capital.

  • Return on equity above the industry

    Clear Secure's return on equity of 129% is above the Computer Programming, Data Processing, and Other Computer Related Services median of -1.2%.

  • Earnings over 5 years

    Needs positive net income five years ago and in the latest year.

  • Net margin above its 5-year average

    Net margin was 16.2% over the last twelve months, against a 5-year average of 1.9%.

  • Net margin above the industry

    Clear Secure's net margin of 16.2% is above the Computer Programming, Data Processing, and Other Computer Related Services median of -4.8%.

Financial health5/6

  • No debt

    Clear Secure has no borrowings on its latest balance sheet.

  • Debt not rising

    With no debt today, leverage cannot have risen.

  • Debt covered by cash flow

    There is no debt to cover.

  • Interest well covered

    No meaningful interest expense to cover.

  • Short-term assets don't cover short-term debts

    Current assets are 0.99 times current liabilities.

  • Low bankruptcy risk

    The Altman Z-score is 5.68; above 3 is the safe zone and below 1.8 the distress zone.

Dividend1/6

  • Pays a dividend

    Clear Secure paid dividends worth 1.4% of the share price over the last twelve months.

  • Yield below Treasuries

    The 1.4% yield is below the 4.4% on a 1-year Treasury.

  • Yield below the top quarter

    The top quarter of US dividend payers yield 3.8% or more; Clear Secure yields 1.4%.

  • Dividend stability

    Fewer than five years of dividend history.

  • Earnings cover

    Needs dividends paid and net income.

  • Cash-flow cover

    Needs dividends paid and free cash flow.

Scores of similar companies

Fair value

How we estimate it

Our estimate per share

$40.52

The share price is 37% above this estimate.

20%+ below
Near fair value
20%+ above
$55.41Price$40.52Fair value
MethodMultiple usedOwn 5Y medianIndustry medianValue per shareWeight
EV/EBITDA18.8×–18.8×$48.6070%
Earnings power9.4% cost of equity––$21.6630%
Fair value$40.52100%

Valuation over time

Using the earnings and balance sheet published at each date, not today's.

An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.

Market risk

From the past year of daily prices.

Liquidity

Low risk

Average value traded per day
$76.19M
Value traded per 1% price move
$46.31M

Downside

Medium risk

Typical loss in a bad month
21.0%
Volatility (annualized)
64%
Sharpe ratio, 1 year
0.73
Beta to the S&P 500 (5Y)
0.91

Typical bad-month loss, week by week

25%: high

Margins

Share of revenue, fiscal years 2018 to 2025

Operating margin

20.7%+28.9 pts over 5 years

Net margin

12.1%

See a number that looks wrong?