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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

Bread Financial Holdings, Inc. (BFH) Quarterly Financial Ratios

Last 47 quarters of trend data · Financial Services · Financial - Credit Services

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Bread Financial Holdings, Inc.'s quarterly P/E stands at 3.5x, down 98.8% year-over-year — suggesting improving earnings relative to price.

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
P/E Ratio →12.883.524.864.50109.04303.444.203.459.472.518.260.83—
—-98.8%+15.5%+30.6%+1051.9%+12002.3%-49.1%+313.0%—-14.2%-78.6%-75.0%—
P/S Ratio0.640.560.590.520.670.500.470.370.330.340.340.250.38
—+13.1%+23.8%+39.2%+104.5%+44.7%+38.9%+48.8%-14.9%-1.9%-25.5%-63.8%-96.5%
P/B Ratio1.170.800.850.811.010.780.710.610.560.600.580.560.83
—+2.4%+20.7%+32.6%+80.1%+30.3%+22.3%+9.1%-32.5%-8.5%-29.0%-54.8%-48.0%
P/FCF1.641.111.281.581.611.261.191.080.660.691.150.980.97
—-11.9%+7.2%+46.8%+142.6%+81.9%+3.8%+9.7%-32.1%+5.3%-44.5%-33.3%-63.7%
EV / EBITDA10.75-1.304.013.89—14.353.623.2220.742.586.101.04—
—-109.0%+10.7%+21.0%—+457.0%-40.7%+209.6%—-42.6%-81.8%-79.8%—
EV / EBIT13.28-1.424.494.31—22.254.083.6148.392.848.581.09—
—-106.4%+10.0%+19.3%—+683.2%-52.4%+229.9%—-45.2%-91.1%-80.1%—

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Bread Financial Holdings, Inc.'s operating margin was 16.6% in Q3 2025, up 1.5 pp QoQ and up 13.3 pp YoY. The trailing four-quarter average of 11.5% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 13.3% YoY, indicating pricing power or improving input costs.

Margins

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Gross Margin50.9%56.9%57.0%56.4%43.9%50.2%55.0%54.1%42.6%58.2%53.2%78.5%27.8%
—+13.3%+3.6%+4.3%+3.1%-13.7%+3.3%-31.1%+53.5%-4.8%+5.3%+7.4%-96.8%
Operating Margin7.9%16.6%15.1%16.5%-2.3%3.3%15.3%15.2%1.4%18.0%7.4%42.2%-16.9%
—+407.4%-0.7%+8.6%-262.8%-81.8%+105.2%-64.0%+108.5%+7.0%+368.8%+41.3%+0.1%
Net Margin5.8%15.9%12.1%11.5%0.6%0.2%11.3%10.8%3.4%13.7%4.1%30.1%-10.9%
—+9636.2%+7.3%+6.8%-82.3%-98.8%+171.7%-64.0%+131.4%+14.6%+248.8%+44.9%-146.8%

Return on Capital

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
ROE9.3%5.8%4.5%4.5%0.2%0.1%4.3%4.5%1.5%6.1%1.8%18.3%-5.7%
—+9004.9%+4.0%+0.1%-84.7%-99.0%+143.6%-75.3%+125.9%+6.5%+233.3%+89.4%-807.1%
ROA1.2%0.9%0.6%0.6%0.0%0.0%0.6%0.6%0.2%0.8%0.2%1.9%-0.6%
—+9391.2%+5.1%+3.4%-83.7%-98.9%+171.7%-69.3%+134.0%+29.3%+292.7%+95.2%-807.3%
ROIC3.3%2.0%1.7%1.7%-0.2%0.4%1.7%1.8%0.2%2.3%0.9%5.3%-1.7%
—+428.0%-3.2%-0.7%-241.0%-83.5%+101.6%-66.9%+110.5%+47.9%+570.9%+119.6%-1591.4%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Bread Financial Holdings, Inc.'s Debt/EBITDA ratio is 17.6x, down from 21.7x last quarter — elevated, raising questions about debt serviceability. Debt/Equity has declined for 4 consecutive quarters, reflecting a deleveraging trend.

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Debt / Equity1.861.141.341.671.861.471.501.531.861.471.721.803.59
—-22.5%-11.0%+8.8%-0.1%-0.1%-12.7%-14.7%-48.1%-40.4%-47.5%-39.8%-1.1%
Debt / EBITDA12.0717.6121.6823.49—73.9423.4222.05129.5217.0338.837.27—
—-76.2%-7.4%+6.5%—+334.2%-39.7%+203.4%—-37.4%-76.0%-65.4%—
Current Ratio0.29—0.300.320.290.280.33—13.150.260.26—0.29
——-8.5%—-97.8%+10.1%+26.3%—+4504.1%—-12.3%—-83.1%
Quick Ratio0.29—0.300.320.290.280.33—13.150.260.26—0.29
——-8.5%—-97.8%+10.1%+26.3%—+4504.1%—-12.3%—-83.1%
Interest Coverage0.400.930.790.88-0.120.170.750.760.081.030.422.93-1.07
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 47 years · Updated daily

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Frequently Asked Questions

What is Bread Financial Holdings, Inc.'s quarterly P/E ratio trend?

Bread Financial Holdings, Inc.'s current P/E is 12.9x. The average P/E over the last 4 quarters is 30.5x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Bread Financial Holdings, Inc.'s margins change by quarter?

Bread Financial Holdings, Inc.'s current operating margin is 7.9%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at BFH quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Bread Financial Holdings, Inc.'s business trajectory between earnings reports.

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