Last 47 quarters of trend data · Financial Services · Financial - Capital Markets
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
| Metric | TTM | Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 68.92 | 62.73 | 278.62 | 24.34 | 68.31 | 73.03 | — | 25.33 | 12.53 | 33.07 | 11.17 | 12.36 | 10.86 | 17.42 | 19.53 | 13.86 | 27.90 | 10.76 | — | 20.15 | 4.52 |
| — | -14.1% | — | -3.9% | +444.9% | +120.8% | — | +104.9% | +15.4% | +89.9% | -42.8% | -10.8% | -61.1% | +61.8% | — | -31.2% | +516.8% | -38.5% | — | +13.1% | -69.8% | |
| P/S Ratio | 6.23 | 3.60 | 6.91 | 3.81 | 6.14 | 5.42 | 6.47 | 4.44 | 3.75 | 3.87 | 3.00 | 3.98 | 4.45 | 5.49 | 7.00 | 9.71 | 5.48 | 4.98 | — | 9.77 | 3.11 |
| — | -33.5% | +6.8% | -14.2% | +63.8% | +40.1% | +116.1% | +11.6% | -15.8% | -29.5% | -57.2% | -59.0% | -18.8% | +10.1% | — | -0.7% | +76.6% | -43.5% | — | -2.1% | -42.4% | |
| P/B Ratio | 7.10 | 5.21 | 5.96 | 5.33 | 8.61 | 7.26 | 6.64 | 6.27 | 4.54 | 3.94 | 3.64 | 4.60 | 5.49 | 5.80 | 5.56 | 5.08 | 4.70 | 4.35 | 6.49 | 6.98 | 6.88 |
| — | -28.2% | -10.2% | -14.9% | +89.9% | +84.0% | +82.4% | +36.3% | -17.4% | -32.1% | -34.6% | -9.5% | +16.8% | +33.4% | -14.3% | -27.2% | -31.6% | -62.7% | -42.6% | -47.5% | -13.8% | |
| P/FCF | — | — | — | 2.85 | 5.76 | 4.95 | 1.56 | — | — | 1.37 | 3.52 | — | — | — | — | — | 3.21 | — | 3.83 | — | 4.78 |
| — | — | — | — | — | +261.9% | -55.8% | — | — | — | — | — | — | — | — | — | -32.8% | — | -37.6% | — | — | |
| EV / EBITDA | 15.97 | 5.20 | 15.71 | 10.49 | 17.28 | 16.72 | — | 10.92 | 8.08 | 9.28 | 7.09 | 7.54 | 6.77 | 9.57 | 9.26 | 9.68 | 7.72 | 7.82 | — | 14.78 | 3.47 |
| — | -68.9% | — | -3.9% | +113.8% | +80.3% | — | +44.8% | +19.4% | -3.0% | -23.4% | -22.1% | -12.3% | +22.3% | — | -34.5% | +122.7% | -38.7% | — | +13.8% | -61.7% | |
| EV / EBIT | 16.74 | 5.20 | 14.52 | 9.85 | 17.62 | 16.46 | — | 10.94 | 7.95 | 8.92 | 7.05 | 7.63 | 6.76 | 9.56 | 9.06 | 9.90 | 7.75 | 7.90 | — | 14.86 | 3.50 |
| — | -68.4% | — | -10.0% | +121.7% | +84.5% | — | +43.5% | +17.6% | -6.7% | -22.2% | -22.9% | -12.8% | +21.0% | — | -33.4% | +121.3% | -38.9% | — | +11.3% | -62.3% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
| Metric | TTM | Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 72.2% | 77.2% | 76.4% | 57.6% | 52.5% | 48.1% | 37.4% | 52.1% | 55.9% | 57.9% | 67.6% | 70.1% | 74.9% | 73.9% | 50.6% | 59.4% | 69.5% | 67.3% | 176.1% | 83.4% | 88.6% |
| — | +60.4% | +104.4% | +10.4% | -6.1% | -16.8% | -44.7% | -25.6% | -25.5% | -21.6% | +33.7% | +18.0% | +7.9% | +9.8% | -71.3% | -28.7% | -21.6% | -8.9% | +115.5% | +8.8% | +24.3% | |
| Operating Margin | 32.6% | 61.9% | 32.0% | 32.5% | 30.1% | 27.7% | -3.3% | 39.1% | 48.3% | 40.1% | 48.0% | 55.9% | 64.0% | 56.4% | 62.0% | 73.7% | 58.7% | 53.4% | 418.2% | 60.6% | 81.8% |
| — | +123.6% | +1079.1% | -16.9% | -37.8% | -30.9% | -106.8% | -30.1% | -24.4% | -29.0% | -22.5% | -24.1% | +9.0% | +5.7% | -85.2% | +21.6% | -28.2% | -8.0% | +575.3% | -4.5% | +73.9% | |
| Net Margin | 7.0% | 4.3% | 1.7% | 12.4% | 7.3% | 5.8% | -32.0% | 13.6% | 22.6% | 7.8% | 19.4% | 22.3% | 27.5% | 21.7% | 24.0% | 44.5% | 15.1% | 35.4% | 498.5% | 41.3% | 65.1% |
| — | -25.4% | +105.3% | -8.8% | -67.8% | -26.0% | -264.7% | -39.2% | -17.7% | -64.0% | -19.0% | -49.8% | +82.2% | -38.6% | -95.2% | +7.7% | -76.8% | -20.7% | +1101.0% | -23.6% | +91.6% |
| Metric | TTM | Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 11.3% | 2.1% | 0.6% | 5.8% | 3.2% | 2.5% | -11.5% | 6.2% | 9.5% | 3.0% | 8.6% | 9.9% | 13.3% | 8.5% | 7.6% | 9.6% | 4.3% | 10.6% | -15.7% | 9.0% | 47.2% |
| — | -15.9% | +104.8% | -6.0% | -66.7% | -16.1% | -233.5% | -37.2% | -28.7% | -65.2% | +14.1% | +2.3% | +211.4% | -19.4% | +148.0% | +6.8% | -90.9% | -41.9% | -175.3% | -57.3% | +236.9% | |
| ROA | 1.3% | 0.2% | 0.1% | 0.7% | 0.4% | 0.3% | -1.5% | 0.9% | 1.3% | 0.4% | 1.2% | 1.3% | 1.7% | 1.2% | 1.1% | 1.2% | 0.6% | 1.7% | -3.0% | 2.0% | 8.9% |
| — | -24.9% | +104.2% | -23.1% | -70.8% | -24.3% | -223.9% | -34.0% | -21.7% | -65.0% | +15.0% | +6.7% | +176.7% | -32.6% | +134.7% | -37.4% | -93.1% | -33.7% | -203.4% | -40.5% | +323.6% | |
| ROIC | 15.3% | 8.4% | 3.0% | 4.7% | 4.1% | 3.5% | -0.3% | 4.2% | 4.5% | 3.2% | 4.2% | 4.5% | 5.6% | 4.5% | 4.9% | 4.3% | 4.4% | 4.3% | -3.9% | 4.4% | 19.3% |
| — | +136.7% | +1090.0% | +13.1% | -8.6% | +10.3% | -107.3% | -8.0% | -19.1% | -29.1% | -14.7% | +5.7% | +25.5% | +5.0% | +224.0% | -1.9% | -77.1% | -38.6% | -138.5% | -47.7% | +192.2% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
| Metric | TTM | Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.57 | 1.82 | 1.57 | 1.56 | 1.30 | 1.45 | 1.61 | 2.15 | 2.29 | 2.48 | 2.63 | 3.07 | 3.12 | 3.24 | 2.09 | 1.90 | 1.69 | 1.94 | 1.62 | 1.41 | 1.13 |
| — | +25.2% | -2.5% | -27.3% | -43.1% | -41.6% | -38.8% | -30.1% | -26.7% | -23.3% | +26.1% | +61.7% | +84.4% | +67.2% | +28.7% | +34.2% | +49.5% | +23.6% | +7.8% | +38.5% | -24.3% | |
| Debt / EBITDA | 3.12 | 6.14 | 14.32 | 10.44 | 9.57 | 11.76 | — | 11.78 | 11.60 | 15.87 | 12.86 | 13.00 | 10.43 | 14.89 | 11.20 | 12.25 | 10.20 | 12.64 | — | 11.06 | 2.36 |
| — | -47.8% | — | -11.4% | -17.6% | -25.9% | — | -9.3% | +11.3% | +6.6% | +14.8% | +6.1% | +2.3% | +17.8% | — | +10.7% | +331.8% | +77.0% | — | +140.9% | -69.7% | |
| Current Ratio | 1.35 | 0.76 | 1.35 | 1.26 | 1.26 | 1.27 | 1.32 | 1.35 | 1.32 | 1.30 | 1.34 | 1.33 | 1.26 | 1.26 | 1.36 | 1.26 | 1.24 | 1.24 | 1.27 | 1.35 | 1.32 |
| — | -40.2% | +2.3% | -6.8% | -5.0% | -2.5% | -1.6% | +1.2% | +5.2% | +3.3% | -1.8% | +5.6% | +1.4% | +1.7% | +7.1% | -6.3% | -5.9% | +1.7% | +8.7% | +8.4% | +2.6% | |
| Quick Ratio | 1.35 | 0.76 | 1.35 | 1.26 | 1.26 | 1.27 | 1.32 | 1.35 | 1.32 | 1.30 | 1.34 | 1.33 | 1.26 | 1.26 | 1.36 | 1.26 | 1.24 | 1.24 | 1.27 | 1.35 | 1.32 |
| — | -40.2% | +2.3% | -6.8% | -5.0% | -2.5% | -1.6% | +1.2% | +5.2% | +3.3% | -1.8% | +5.6% | +1.4% | +1.7% | +7.1% | -6.3% | -5.9% | +1.7% | +8.7% | +8.4% | +2.6% | |
| Interest Coverage | 1.46 | 2.56 | 1.21 | 1.73 | 1.59 | 1.36 | -0.16 | 1.75 | 2.03 | 1.29 | 1.77 | 1.85 | 1.97 | 1.89 | 1.93 | 1.99 | 2.51 | 2.30 | -3.39 | 4.08 | 15.42 |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
High-probability breakout stocks crossing their pivot across 5 pattern engines.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying FRHC stock.
Freedom Holding Corp.'s current P/E is 68.9x. The average P/E over the last 4 quarters is 108.5x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Freedom Holding Corp.'s current operating margin is 32.6%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
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 Freedom Holding Corp.'s business trajectory between earnings reports.