Capital One Financial Corporation (COF) Financial Ratios
30 years of historical data (1996–2025) · Financial Services · Financial - Credit Services
EV/EBITDA
↑
15.02
↑+91% vs avg
5yr avg: 7.85
30Y Low4.4·High29.5
P/FCF
↓
4.58
+14% vs avg
5yr avg: 4.00
30Y Low1.5·High13.5
P/B Ratio
↑
0.92
-6% vs avg
5yr avg: 0.98
30Y Low0.5·High7.0
ROE
↓
2.8%
↑-73% vs avg
5yr avg: 10.6%
30Y Low-0%·High27%
Debt/EBITDA
↑
6.76
↑+45% vs avg
5yr avg: 4.65
30Y Low2.2·High25.4
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
COF Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Capital One Financial Corporation trades at 48.0x earnings, 147% above its 5-year average of 19.4x, sitting at the 93rd percentile of its historical range. Compared to the Financial Services sector median P/E of 13.4x, the stock trades at a premium of 259%. On a free-cash-flow basis, the stock trades at 4.6x P/FCF, 14% above the 5-year average of 4.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $119.7B | $131.2B | $68.4B | $50.3B | $36.6B | $64.4B | $45.4B | $48.4B | $36.5B | $48.7B | $44.5B |
| Enterprise Value | $113.3B | $124.8B | $70.7B | $56.8B | $54.4B | $85.8B | $45.4B | $90.6B | $82.2B | $94.9B | $95.0B |
| P/E Ratio → | 47.99 | 60.14 | 15.39 | 10.97 | 5.19 | 5.39 | 19.08 | 9.31 | 6.07 | 28.53 | 12.66 |
| P/S Ratio | 1.73 | 1.89 | 1.27 | 1.02 | 0.95 | 2.01 | 1.43 | 1.43 | 1.15 | 1.62 | 1.62 |
| P/B Ratio | 0.92 | 1.15 | 1.13 | 0.87 | 0.70 | 1.06 | 0.75 | 0.83 | 0.71 | 1.00 | 0.94 |
| P/FCF | 4.58 | 5.02 | 4.03 | 2.56 | 2.84 | 5.55 | 2.84 | 3.07 | 3.02 | 3.70 | 4.02 |
| P/OCF | 4.32 | 4.73 | 3.77 | 2.44 | 2.65 | 5.24 | 2.72 | 2.91 | 2.81 | 3.43 | 3.75 |
P/E links to full P/E history page with 30-year chart
COF EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Capital One Financial Corporation's enterprise value stands at 15.0x EBITDA, 91% above its 5-year average of 7.8x. The Financial Services sector median is 11.5x, placing the stock at a 31% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.80 | 1.31 | 1.15 | 1.42 | 2.68 | 1.43 | 2.68 | 2.58 | 3.16 | 3.45 |
| EV / EBITDA | 15.02 | 16.54 | 7.73 | 6.13 | 4.37 | 4.45 | 6.77 | 8.88 | 8.47 | 11.96 | 12.01 |
| EV / EBIT | 49.67 | 54.69 | 11.97 | 9.40 | 5.89 | 5.43 | 14.17 | 13.19 | 11.24 | 17.28 | 17.32 |
| EV / FCF | — | 4.77 | 4.17 | 2.90 | 4.23 | 7.39 | 2.84 | 5.75 | 6.79 | 7.21 | 8.58 |
COF Profitability
Margins and return-on-capital ratios measuring operating efficiency
Capital One Financial Corporation earns an operating margin of 3.3%, below the Financial Services sector average of 21.4%. Operating margins have compressed from 12.2% to 3.3% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 2.8% is modest, trailing the sector median of 9.5%. ROIC of 1.3% represents below-average returns on invested capital versus a sector median of 5.7%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 47.3% | 47.3% | 50.8% | 53.3% | 74.0% | 101.1% | 57.7% | 66.2% | 68.1% | 65.6% | 69.2% |
| Operating Margin | 3.3% | 3.3% | 11.0% | 12.2% | 24.1% | 49.4% | 10.1% | 20.4% | 23.0% | 18.3% | 19.9% |
| Net Profit Margin | 3.5% | 3.5% | 8.8% | 9.9% | 19.2% | 38.7% | 8.6% | 16.4% | 18.9% | 6.6% | 13.6% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 2.8% | 2.8% | 8.0% | 8.8% | 13.0% | 20.4% | 4.6% | 10.1% | 12.0% | 4.1% | 7.9% |
| ROA | 0.4% | 0.4% | 1.0% | 1.0% | 1.7% | 2.9% | 0.7% | 1.5% | 1.6% | 0.5% | 1.1% |
| ROIC | 1.3% | 1.3% | 4.1% | 4.3% | 6.7% | 11.6% | 2.2% | 4.6% | 5.0% | 3.8% | 3.8% |
| ROCE | 1.4% | 1.4% | 4.6% | 4.8% | 7.7% | 13.4% | 2.7% | 5.9% | 6.5% | 5.1% | 5.6% |
COF Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Capital One Financial Corporation carries a Debt/EBITDA ratio of 6.8x, which is highly leveraged (64% above the sector average of 4.1x). The company holds a net cash position — cash of $57.4B exceeds total debt of $51.0B, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of just 0.1x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.45 | 0.45 | 0.75 | 0.86 | 0.93 | 0.71 | 0.67 | 0.96 | 1.14 | 1.24 | 1.27 |
| Debt / EBITDA | 6.76 | 6.76 | 4.98 | 5.38 | 3.92 | 2.23 | 6.05 | 5.45 | 6.06 | 7.60 | 7.65 |
| Net Debt / Equity | — | -0.06 | 0.04 | 0.11 | 0.34 | 0.35 | 0.00 | 0.73 | 0.88 | 0.95 | 1.06 |
| Net Debt / EBITDA | -0.85 | -0.85 | 0.25 | 0.71 | 1.44 | 1.11 | 0.00 | 4.14 | 4.71 | 5.83 | 6.38 |
| Debt / FCF | — | -0.25 | 0.14 | 0.33 | 1.39 | 1.84 | 0.00 | 2.68 | 3.78 | 3.51 | 4.56 |
| Interest Coverage | 0.14 | 0.14 | 0.40 | 0.48 | 2.24 | 9.89 | 1.03 | 1.33 | 1.70 | 1.99 | 2.72 |
Net cash position: cash ($57.4B) exceeds total debt ($51.0B)
COF Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.15x is below 1.0, meaning current liabilities exceed current assets — though the company's $57.4B cash position helps mitigate short-term liquidity concerns. The current ratio has declined from 0.36x to 0.15x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.15 | 0.15 | 0.14 | 0.36 | 0.33 | 0.38 | 0.46 | 0.35 | 0.23 | 0.21 | 0.20 |
| Quick Ratio | 0.15 | 0.15 | 0.14 | 0.36 | 0.33 | 0.38 | 0.46 | 0.35 | 0.23 | 0.21 | 0.20 |
| Cash Ratio | 0.12 | 0.12 | 0.12 | 0.12 | 0.09 | 0.07 | 0.13 | 0.05 | 0.05 | 0.06 | 0.04 |
| Asset Turnover | — | 0.10 | 0.11 | 0.10 | 0.08 | 0.07 | 0.08 | 0.09 | 0.09 | 0.08 | 0.08 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
COF Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Capital One Financial Corporation returns 5.1% to shareholders annually — split between a 1.7% dividend yield and 3.4% buyback yield. The payout ratio of 72.1% is elevated — while still covered by earnings, there is limited headroom for dividend increases. The earnings yield of 2.1% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.7% | 1.3% | 1.4% | 1.9% | 2.6% | 1.8% | 1.0% | 1.6% | 2.1% | 1.6% | 1.8% |
| Payout Ratio | 72.1% | 72.1% | 19.6% | 19.1% | 12.9% | 9.3% | 16.9% | 13.6% | 12.9% | 39.4% | 21.6% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.1% | 1.7% | 6.5% | 9.1% | 19.3% | 18.6% | 5.2% | 10.7% | 16.5% | 3.5% | 7.9% |
| FCF Yield | 21.8% | 19.9% | 24.8% | 39.0% | 35.2% | 18.0% | 35.2% | 32.6% | 33.1% | 27.1% | 24.9% |
| Buyback Yield | 3.4% | 3.1% | 1.1% | 1.4% | 13.5% | 15.1% | 3.9% | 5.1% | 6.3% | 0.5% | 8.2% |
| Total Shareholder Yield | 5.1% | 4.5% | 2.4% | 3.3% | 16.1% | 16.8% | 4.9% | 6.7% | 8.4% | 2.1% | 10.1% |
| Shares Outstanding | — | $541M | $384M | $383M | $393M | $444M | $459M | $470M | $483M | $489M | $510M |
Peer Comparison
Compare COF 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 |
|---|---|---|---|---|---|---|---|---|---|
 COFYou | $120B | 48.0 | 15.0 | 4.6 | 47.3% | 3.3% | 2.8% | 1.3% | 6.8 |
 SYF | $26B | 8.1 | 5.1 | 2.7 | 51.0% | 24.2% | 21.3% | 10.8% | 3.0 |
 AXP | $221B | 20.9 | 14.8 | 13.8 | 83.2% | 17.1% | 34.0% | 12.0% | 3.7 |
 BAC | $408B | 14.0 | 14.8 | 32.3 | 55.4% | 18.5% | 10.2% | 3.2% | 10.0 |
 JPM | $849B | 15.9 | 13.6 | — | 58.6% | 27.7% | 17.4% | 5.4% | 9.0 |
 C | $223B | 21.4 | 25.1 | — | 41.7% | 10.0% | 6.1% | 1.6% | 27.7 |
 WFC | $249B | 15.0 | 10.6 | 81.9 | 62.2% | 18.6% | 10.7% | 3.7% | 9.1 |
 ALLY | $14B | 18.7 | 12.9 | — | 52.0% | 8.6% | 5.8% | 2.2% | 11.1 |
 NAVI | $821M | -10.8 | 17.8 | 1.9 | 87.0% | 77.1% | -3.2% | 3.8% | 18.3 |
 OMF | $7B | 8.5 | 22.0 | 2.1 | 47.6% | 16.0% | 23.8% | 3.0% | 17.6 |
 CACC | $6B | 14.4 | 10.1 | 5.3 | 98.7% | 47.6% | 25.9% | 10.4% | 5.6 |
| Financial Services Median | — | 13.4 | 11.5 | 10.7 | 62.9% | 21.4% | 9.5% | 5.7% | 4.1 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 30 years · Updated daily
Full COF Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
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Side-by-side business, growth, and profitability comparison vs Synchrony Financial.
Start ComparisonCOF — Frequently Asked Questions
Quick answers to the most common questions about buying COF stock.
What is Capital One Financial Corporation's P/E ratio?
Capital One Financial Corporation's current P/E ratio is 48.0x. The historical average is 16.8x. This places it at the 93th percentile of its historical range.
What is Capital One Financial Corporation's EV/EBITDA?
Capital One Financial Corporation's current EV/EBITDA is 15.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.4x.
What is Capital One Financial Corporation's ROE?
Capital One Financial Corporation's return on equity (ROE) is 2.8%. The historical average is 13.5%.
Is COF stock overvalued?
Based on historical data, Capital One Financial Corporation is trading at a P/E of 48.0x. This is at the 93th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Capital One Financial Corporation's dividend yield?
Capital One Financial Corporation's current dividend yield is 1.69% with a payout ratio of 72.1%.
What are Capital One Financial Corporation's profit margins?
Capital One Financial Corporation has 47.3% gross margin and 3.3% operating margin.
How much debt does Capital One Financial Corporation have?
Capital One Financial Corporation's Debt/EBITDA ratio is 6.8x, indicating high leverage. A ratio above 4x may signal elevated financial risk.