Webull Corporation Class A Ordinary Shares (BULL) Financial Ratios
3 years of historical data (2022–2024) · Technology · Software - Application
EV/EBITDA
N/A
—
5yr avg: N/A
P/FCF
17.60
—
5yr avg: N/A
P/B Ratio
5.54
—
5yr avg: N/A
ROE
↓
-3.9%
↑-266% vs avg
5yr avg: 2.3%
30Y Low-4%·High10%
Debt/EBITDA
↑
N/A
—
5yr avg: 0.36
30Y Low0.2·High0.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
BULL Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Webull Corporation Class A Ordinary Shares currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 17.6x P/FCF.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Market Cap | $3.2B | — | — | — |
| Enterprise Value | $3.0B | — | — | — |
| P/E Ratio → | -6.48 | — | — | — |
| P/S Ratio | 8.25 | — | — | — |
| P/B Ratio | 5.54 | — | — | — |
| P/FCF | 17.60 | — | — | — |
| P/OCF | 17.37 | — | — | — |
P/E links to full P/E history page with 30-year chart
BULL EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| EV / Revenue | — | — | — | — |
| EV / EBITDA | — | — | — | — |
| EV / EBIT | — | — | — | — |
| EV / FCF | — | — | — | — |
BULL Profitability
Margins and return-on-capital ratios measuring operating efficiency
Webull Corporation Class A Ordinary Shares earns an operating margin of -3.7%. Operating margins have compressed from 17.7% to -3.7% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -3.9% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Gross Margin | 79.7% | 79.7% | 83.0% | 84.6% |
| Operating Margin | -3.7% | -3.7% | 5.9% | 17.7% |
| Net Profit Margin | -5.8% | -5.8% | 1.6% | 12.9% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ROE | -3.9% | -3.9% | 1.1% | 9.8% |
| ROA | -1.4% | -1.4% | 0.5% | 4.6% |
| ROIC | -3.9% | -3.9% | 11.5% | 54.3% |
| ROCE | -2.4% | -2.4% | 4.1% | 13.0% |
BULL Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $271M exceeds total debt of $15M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Debt / Equity | 0.03 | 0.03 | 0.02 | 0.03 |
| Debt / EBITDA | — | — | 0.47 | 0.24 |
| Net Debt / Equity | — | -0.42 | -0.64 | -0.82 |
| Net Debt / EBITDA | — | — | -12.99 | -5.81 |
| Debt / FCF | — | -1.40 | -0.77 | — |
| Interest Coverage | -116.90 | -116.90 | — | — |
Net cash position: cash ($271M) exceeds total debt ($15M)
BULL Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.34x means Webull Corporation Class A Ordinary Shares can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 1.82x to 1.34x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Current Ratio | 1.34 | 1.34 | 1.74 | 1.82 |
| Quick Ratio | 1.34 | 1.34 | 1.74 | 1.82 |
| Cash Ratio | 0.26 | 0.26 | 0.61 | 0.78 |
| Asset Turnover | — | 0.19 | 0.31 | 0.36 |
| Inventory Turnover | — | — | — | — |
| Days Sales Outstanding | — | 554.35 | 95.03 | 55.97 |
BULL Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Webull Corporation Class A Ordinary Shares does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Dividend Yield | — | — | — | — |
| Payout Ratio | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Earnings Yield | — | — | — | — |
| FCF Yield | 5.7% | — | — | — |
| Buyback Yield | 0.0% | — | — | — |
| Total Shareholder Yield | 0.0% | — | — | — |
| Shares Outstanding | — | $459M | $459M | $459M |
Peer Comparison
Compare BULL with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 BULLYou | $3B | -6.5 | — | 17.6 | 79.7% | -3.7% | -3.9% | -3.9% | — |
 HOOD | $71B | 38.6 | 37.8 | 43.9 | 83.3% | 46.8% | 22.0% | 7.9% | 7.1 |
 FUTU | $60B | 33.9 | 68.4 | 15.2 | 82.0% | 48.7% | 20.7% | 14.8% | 1.3 |
 TIGR | $676M | 19.3 | 3.1 | 0.8 | 65.0% | 35.6% | 10.5% | 13.8% | 1.2 |
 IBKR | $39B | 39.2 | 3.8 | 2.5 | 89.8% | 86.0% | 5.3% | 24.7% | 0.0 |
 MKTX | $6B | 20.4 | 12.0 | 14.7 | 68.9% | 41.7% | 20.4% | 18.0% | 0.2 |
 SCHW | $164B | 30.8 | 18.3 | 79.9 | 75.4% | 29.6% | 13.3% | 6.0% | 4.9 |
 AMTD | $7M | 0.2 | 6.9 | 1.4 | 45.2% | 48.2% | 3.4% | 1.2% | 8.6 |
 LPL | $5B | 29.2 | 3.6 | 6.6 | 13.1% | 2.0% | 2.8% | 2.0% | 2.5 |
 RJF | $31B | 15.5 | 5.2 | 14.0 | 88.2% | 28.7% | 17.7% | 20.9% | 1.0 |
 NDAQ | $51B | 28.9 | 20.2 | 25.5 | 47.9% | 28.4% | 15.3% | 8.1% | 3.3 |
| Technology Median | — | 27.5 | 17.4 | 19.8 | 48.6% | -0.5% | 2.4% | 2.9% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Quick answers to the most common questions about buying BULL stock.
What is Webull Corporation Class A Ordinary Shares's P/E ratio?
Webull Corporation Class A Ordinary Shares's current P/E ratio is -6.5x. This places it at the 50th percentile of its historical range.
What is Webull Corporation Class A Ordinary Shares's ROE?
Webull Corporation Class A Ordinary Shares's return on equity (ROE) is -3.9%. The historical average is 2.3%.
Is BULL stock overvalued?
Based on historical data, Webull Corporation Class A Ordinary Shares is trading at a P/E of -6.5x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Webull Corporation Class A Ordinary Shares's profit margins?
Webull Corporation Class A Ordinary Shares has 79.7% gross margin and -3.7% operating margin.