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Circle Internet Group (CRCL) 10-Year Financial Performance & Capital Metrics

CRCL • • Banking & Credit
Financial ServicesCapital MarketsFinancial Technology & Blockchain ServicesDeFi & Digital Asset Products
AboutCircle Internet Group, Inc. operates as a platform, network, and market infrastructure for stablecoin and blockchain applications. The company provides a suite of stablecoins and related products that include a network utility and application platform for organizations to benefit from stablecoins and the internet financial system; and issues a U.S. dollar-denominated stablecoin. Its stablecoins network comprises circle stablecoins, tokenized funds, liquidity, payments, and developer services, as well as integration services. The company was founded in 2013 and is based in New York, New York.Show more
  • Net Interest Income $33M +19.9%
  • Total Revenue $1.68B +15.6%
  • Net Income $156M -41.8%
  • Return on Equity 15.25% -33.0%
  • Net Interest Margin 0.07% -32.0%
  • Efficiency Ratio 13.62% +25.7%
  • ROA 0.43% -41.1%
  • Equity / Assets 1.24% -78.0%
  • Book Value per Share 7.81 -64.1%
  • Tangible BV/Share 0.95 -93.4%
  • Debt/Equity 0.07 +74.2%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Efficient operations: 13.6% efficiency ratio
  • ✓Diversified revenue: 97.9% from non-interest income

✗Weaknesses

  • ✗Weak NIM of 0.1%
  • ✗Weak momentum: RS Rating 16 (bottom 16%)
  • ✗Thin capital base
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y170.3%
TTM-

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-

EPS CAGR

10Y-
5Y-
3Y-
TTM-

ROCE

10Y Avg-14.12%
5Y Avg-14.12%
3Y Avg8.34%
Latest9.94%

Peer Comparison

DeFi & Digital Asset Products
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Valuation
Per Share
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Quality & Returns
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Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
CRCLCircle Internet Group16.58B76.6035.9615.57%9.29%-5.1%1.84%0.07
SUIGSUI Group Holdings Limited155.34M1.8710.3970.07%32.72%-10.67%3.64%
DEFTDeFi Technologies Inc.424.47M1.10-10398.65%-40%-77.25%0.60
BTCSBTCS Inc.135.32M2.87-36.70204.08%-31.21%24.15%

Profit & Loss

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Net Interest Income+-3.36M-4.77M5.96M27.35M32.81M
NII Growth %--0.42%2.25%3.59%0.2%
Net Interest Margin %-----
Interest Income008.64M29.26M34.71M
Interest Expense3.36M4.77M2.68M1.91M1.91M
Loan Loss Provision19.18M106.02M519.63M1.02B1.28B
Non-Interest Income+15.44M84.88M763.41M1.42B1.64B
Non-Interest Income %-----
Total Revenue+15.44M84.88M772.05M1.45B1.68B
Revenue Growth %-4.5%8.1%0.88%0.16%
Non-Interest Expense23.79M60.18M287.85M157.16M228.32M
Efficiency Ratio-----
Operating Income+-30.89M-86.1M-38.12M269.53M167.16M
Operating Margin %-----
Operating Income Growth %--1.79%0.56%8.07%-0.38%
Pretax Income+-17.2M-503.86M-758.51M318.95M221.57M
Pretax Margin %-----
Income Tax+115K4.85M3.26M47.4M64.58M
Effective Tax Rate %-----
Net Income+3.79M-508.21M-768.85M267.56M155.67M
Net Margin %-----
Net Income Growth %--135.09%-0.51%1.35%-0.42%
Net Income (Continuing)-17.31M-508.71M-761.77M271.55M156.99M
EPS (Diluted)+0.09-11.46-16.483.962.13
EPS Growth %--135.04%-0.44%1.24%-0.46%
EPS (Basic)0.09-11.47-16.485.662.86
Diluted Shares Outstanding44.35M44.35M46.66M67.55M73.04M

Balance Sheet

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash & Short Term Investments+1000K1000K1000K1000K1000K
Cash & Due from Banks26.42M161.56M36.66B368.62M750.98M
Short Term Investments1000K01000K1000K1000K
Total Investments+15.94M28.23M8.84B330.91M129.77M
Investments Growth %-0.77%311.96%-0.96%-0.61%
Long-Term Investments2.31M28.23M86.56M178.73M115.44M
Accounts Receivables1000K1000K1000K1000K1000K
Goodwill & Intangibles+-----
Goodwill24.01M24.01M169.54M169.54M169.54M
Intangible Assets8.14M248.69M47.9M327.38M331.39M
PP&E (Net)428K1.21M7.22M4.24M18.68M
Other Assets2.96M21.96M1.62M3.56M24.17M
Total Current Assets4.14B43.57B46.25B25.31B45.16B
Total Non-Current Assets37.85M324.11M486.85M683.45M669.46M
Total Assets+4.18B43.9B46.73B26B45.83B
Asset Growth %-9.5%0.06%-0.44%0.76%
Return on Assets (ROA)0%-0.02%-0.02%0.01%0%
Accounts Payable0010.99M17.39M118.07M
Total Debt+57.17M928.16M81.89M60.27M40.72M
Net Debt30.75M766.6M-36.58B-308.36M-710.26M
Long-Term Debt44.67M904.12M78.26M58.49M40.72M
Short-Term Debt12.5M24.04M1.93M1.65M0
Other Liabilities289.12M280.57M2.69M10.08M1.16B
Total Current Liabilities4.13B43.48B45.59B24.44B44.03B
Total Non-Current Liabilities338.94M1.18B260.58M88.31M1.23B
Total Liabilities4.47B44.66B45.85B24.53B45.26B
Total Equity+-286.51M-768.41M879.16M1.47B570.53M
Equity Growth %--1.68%2.14%0.67%-0.61%
Equity / Assets (Capital Ratio)-----
Return on Equity (ROE)---13.88%0.23%0.15%
Book Value per Share-6.46-17.3318.8421.777.81
Tangible BV per Share-----
Common Stock4K5K5K6K6K
Additional Paid-in Capital91.8M113.1M1.4B1.72B1.79B
Retained Earnings-374.92M-883.35M-1.65B-1.39B-1.22B
Accumulated OCI-518K4.71M3.36M4.93M3.64M
Treasury Stock-2.88M-2.88M-2.88M-2.88M-2.88M
Preferred Stock001.13B1.13B0

Cash Flow

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-14.92M-92.33M-72.69M139.57M344.58M
Operating CF Growth %--5.19%0.21%2.92%1.47%
Net Income3.79M-508.21M-768.85M267.56M155.67M
Depreciation & Amortization4.5M3.94M13.28M34.89M50.85M
Deferred Taxes4.19M-4.73M-786K-32.89M-2.81M
Other Non-Cash Items-44.69M404.51M443.5M-65.53M-26.71M
Working Capital Changes14.13M-6.22M170.9M-172.46M117.44M
Cash from Investing+-17.93M-28.85M-8.49B8.51B186.3M
Purchase of Investments0-15.72B-102.87B-314.3M-103.58M
Sale/Maturity of Investments758K1000K1000K1000K1000K
Net Investment Activity-----
Acquisitions-11.75M-9.3M-42.46M1.63M0
Other Investing137K-1.73M-3.05M-654K-18.13M
Cash from Financing+3.53B38.72B2.58B-20.33B19.45B
Dividends Paid00000
Share Repurchases000-8.74M0
Stock Issued689K482K001.61M
Net Stock Activity-----
Debt Issuance (Net)1000K1000K000
Other Financing3.5B38.28B2.18B-20.32B19.45B
Net Change in Cash+3.49B38.6B-5.98B-11.68B19.97B
Exchange Rate Effect165K137K1000K1000K-1000K
Cash at Beginning557.87M4.05B42.65B36.67B24.99B
Cash at End4.05B42.65B36.67B24.99B44.97B
Interest Paid380K0350K253K258K
Income Taxes Paid030K7.42M81.04M75.58M
Free Cash Flow+-22.01M-100.2M-91.01M106.71M305.48M
FCF Growth %--3.55%0.09%2.17%1.86%

Banking Ratios

Metric20202021202220232024
Return on Equity (ROE)---1388.42%22.77%15.25%
Return on Assets (ROA)0.09%-2.11%-1.7%0.74%0.43%
Net Interest Margin-0.08%-0.01%0.01%0.11%0.07%
Efficiency Ratio154.06%70.91%37.28%10.84%13.62%
Equity / Assets-6.85%-1.75%1.88%5.66%1.24%
Book Value / Share-6.46-17.3318.8421.777.81
NII Growth--41.9%224.92%358.82%19.95%

Frequently Asked Questions

Valuation & Price

Circle Internet Group (CRCL) has a price-to-earnings (P/E) ratio of 36.0x. This suggests investors expect higher future growth.

Growth & Financials

Circle Internet Group (CRCL) grew revenue by 15.6% over the past year. This is strong growth.

Circle Internet Group (CRCL) reported a net loss of $154.3M for fiscal year 2024.

Dividend & Returns

Circle Internet Group (CRCL) has a return on equity (ROE) of 15.3%. This is reasonable for most industries.

Industry Metrics

Circle Internet Group (CRCL) has a net interest margin (NIM) of 0.1%. NIM has been under pressure due to interest rate environment.

Circle Internet Group (CRCL) has an efficiency ratio of 13.6%. This is excellent, indicating strong cost control.

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