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OverviewAnalysisPriceRevenueEarningsP/ERatiosDividendTargets

Capital One Financial Corporation (COF) 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.

Capital One Financial Corporation's quarterly P/E stands at 18.6x, up 11.3% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 27.3% YoY to 9.9x, reflecting rising market expectations or slowing EBITDA growth.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
P/E Ratio →47.9918.5911.00—12.9916.708.4925.0811.8919.635.457.7710.41
—+11.3%+29.6%—+9.3%-14.9%+55.7%+222.9%+14.3%+155.9%+4.1%+54.2%+84.8%
P/S Ratio1.731.951.711.641.281.241.041.001.090.960.730.870.80
—+57.6%+64.7%+63.6%+17.8%+29.5%+43.5%+15.2%+35.5%+17.9%-18.1%-25.1%-49.1%
P/B Ratio0.921.351.190.971.081.120.910.920.990.860.690.770.68
—+19.8%+30.8%+5.8%+9.7%+30.2%+31.7%+19.2%+46.3%+27.4%-0.5%+0.4%-29.7%
P/FCF4.584.273.884.753.998.172.342.235.171.831.353.333.35
—-47.8%+65.9%+112.6%-22.8%+345.3%+72.6%-33.0%+54.3%+61.9%-61.0%-10.0%—
EV / EBITDA15.029.905.32—6.107.774.759.525.918.203.386.174.06
—+27.3%+11.9%—+3.4%-5.2%+40.6%+54.5%+45.6%+46.2%-39.2%+5.5%-15.5%
EV / EBIT49.6717.477.54—8.9712.116.4821.398.9215.224.687.328.42
—+44.2%+16.3%—+0.6%-20.4%+38.5%+192.0%+5.9%+75.5%-37.2%-4.0%+36.5%

Profitability

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

Capital One Financial Corporation's operating margin was 10.7% in Q4 2025, down 11.4 pp QoQ and up 0.1 pp YoY. The trailing four-quarter average of 2.4% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 4.9% YoY, indicating pricing power or improving input costs.

Margins

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Gross Margin47.3%57.4%64.3%7.0%56.9%54.7%54.6%42.4%51.3%50.6%55.3%54.1%53.2%
—+4.9%+17.8%-83.5%+10.9%+8.0%-1.2%-21.6%-3.6%-15.9%-22.5%-33.4%-39.2%
Operating Margin3.3%10.7%22.1%-36.1%12.9%10.6%16.1%4.9%12.1%7.1%17.3%14.3%10.1%
—+1.3%+37.5%-836.3%+6.7%+48.9%-7.3%-65.7%+19.2%-49.4%-20.7%-50.8%-70.5%
Net Margin3.5%10.9%16.1%-26.1%10.5%7.9%12.9%4.5%9.8%5.4%14.0%11.9%8.4%
—+37.1%+25.0%-679.2%+7.1%+47.6%-7.8%-62.1%+16.8%-52.0%-17.5%-48.6%-70.2%

Return on Capital

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
ROE2.8%1.9%2.8%-4.9%2.3%1.8%2.9%1.0%2.2%1.3%3.3%2.6%1.8%
—+5.9%-3.4%-575.4%+2.2%+40.2%-11.1%-60.7%+23.4%-47.0%+1.8%-29.2%-56.3%
ROA0.4%0.3%0.5%-0.7%0.3%0.2%0.4%0.1%0.3%0.1%0.4%0.3%0.2%
—+42.9%+31.4%-697.6%+7.1%+51.1%-3.5%-59.2%+28.7%-45.7%-0.5%-34.4%-62.7%
ROIC1.3%1.0%2.0%-3.3%1.2%1.0%1.5%0.5%1.1%0.7%1.6%1.2%0.9%
—-4.7%+31.1%-825.0%+11.6%+51.0%-5.0%-63.4%+28.9%-40.8%+6.5%-30.7%-60.3%

Leverage & Debt

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

Capital One Financial Corporation's Debt/EBITDA ratio is 13.8x, up from 8.3x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 7.3% YoY to 0.15x, strengthening the short-term liquidity position. Debt/Equity has declined for 8 consecutive quarters, reflecting a deleveraging trend.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Debt / Equity0.450.450.450.470.660.750.780.830.870.860.920.920.89
—-40.1%-42.3%-42.6%-24.5%-12.7%-14.6%-10.2%-2.4%-7.4%-14.5%-16.5%+10.9%
Debt / EBITDA6.7613.778.28—16.4420.0416.3132.8021.0928.8216.0224.4820.21
—-31.3%-49.2%—-22.0%-30.5%+1.8%+34.0%+4.4%+41.1%-14.0%+39.1%+68.6%
Current Ratio0.150.150.130.140.150.140.160.150.160.360.140.130.14
—+7.3%-15.9%-5.2%-5.8%-61.8%+10.9%+14.3%+13.0%+8.7%+70.9%+51.4%+29.2%
Quick Ratio0.150.150.130.140.150.140.160.150.160.360.140.130.14
—+7.3%-15.9%-5.2%-5.8%-61.8%+10.9%+14.3%+13.0%+8.7%+70.9%+51.4%+29.2%
Interest Coverage0.140.501.01-1.550.510.400.590.170.430.260.640.570.45
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 47 years · Updated daily

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COF — Frequently Asked Questions

Quick answers to the most common questions about buying COF stock.

What is Capital One Financial Corporation's quarterly P/E ratio trend?

Capital One Financial Corporation's current P/E is 48.0x. The average P/E over the last 3 quarters is 14.2x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Capital One Financial Corporation's margins change by quarter?

Capital One Financial Corporation's current operating margin is 3.3%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at COF 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 Capital One Financial Corporation's business trajectory between earnings reports.

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