Robinhood Markets, Inc. (HOOD) Financial Ratios
7 years of historical data (2019–2025) · Financial Services · Financial - Capital Markets
EV/EBITDA
↑
36.94
↓-13% vs avg
5yr avg: 42.70
30Y Low32.6·High52.8
P/FCF
↑
42.75
+16% vs avg
5yr avg: 36.91
30Y Low9.8·High64.0
P/B Ratio
↑
7.73
↑+89% vs avg
5yr avg: 4.08
30Y Low1.0·High11.4
ROE
↑
22.0%
↓+232% vs avg
5yr avg: -16.6%
30Y Low-102%·High22%
Debt/EBITDA
↑
7.07
+3% vs avg
5yr avg: 6.83
30Y Low6.6·High7.1
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
HOOD Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Robinhood Markets, Inc. trades at 37.6x earnings, roughly in line with its 5-year average of 39.5x, sitting at the 50th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.3x, the stock trades at a premium of 182%. On a free-cash-flow basis, the stock trades at 42.8x P/FCF, 16% above the 5-year average of 36.9x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Market Cap | $69.4B | $103.9B | $33.8B | $11.3B | $7.2B | $15.3B | — | — |
| Enterprise Value | $80.5B | $115.1B | $36.9B | $10.1B | $2.6B | $12.7B | — | — |
| P/E Ratio → | 37.58 | 55.17 | 23.88 | — | — | — | — | — |
| P/S Ratio | 15.51 | 23.23 | 11.44 | 6.09 | 5.27 | 8.45 | — | — |
| P/B Ratio | 7.73 | 11.36 | 4.24 | 1.69 | 1.03 | 2.10 | — | — |
| P/FCF | 42.75 | 64.03 | — | 9.78 | — | — | — | — |
| P/OCF | 42.36 | 63.44 | — | 9.61 | — | — | — | — |
P/E links to full P/E history page with 30-year chart
HOOD EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Robinhood Markets, Inc.'s enterprise value stands at 36.9x EBITDA, 13% below its 5-year average of 42.7x. The Financial Services sector median is 11.4x, placing the stock at a 224% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 25.72 | 12.50 | 5.39 | 1.95 | 7.02 | — | — |
| EV / EBITDA | 36.94 | 52.78 | 32.62 | — | — | — | — | — |
| EV / EBIT | 38.46 | 54.95 | 35.00 | — | — | — | — | — |
| EV / FCF | — | 70.89 | — | 8.67 | — | — | — | — |
HOOD Profitability
Margins and return-on-capital ratios measuring operating efficiency
Robinhood Markets, Inc. earns an operating margin of 46.8%, significantly above the Financial Services sector average of 21.4%. Operating margins have expanded from -28.7% to 46.8% over the past 3 years, signaling improving operational efficiency. ROE of 22.0% indicates solid capital efficiency, compared to the sector median of 9.5%. ROIC of 7.9% represents adequate 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 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 83.3% | 83.3% | 79.4% | 92.2% | 56.7% | 72.0% | 75.3% | 66.4% |
| Operating Margin | 46.8% | 46.8% | 35.7% | -28.7% | -71.1% | -90.4% | 1.4% | -38.5% |
| Net Profit Margin | 42.1% | 42.1% | 47.8% | -29.0% | -75.7% | -203.1% | 0.7% | -38.4% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| ROE | 22.0% | 22.0% | 19.2% | -7.9% | -14.4% | -101.9% | — | — |
| ROA | 5.9% | 5.9% | 6.4% | -2.6% | -4.8% | -24.0% | 0.1% | -2.7% |
| ROIC | 7.9% | 7.9% | 6.2% | -4.2% | -7.3% | -19.2% | 0.8% | -13.9% |
| ROCE | 24.0% | 24.0% | 14.2% | -7.7% | -13.3% | -34.2% | 0.9% | -12.7% |
HOOD Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Robinhood Markets, Inc. carries a Debt/EBITDA ratio of 7.1x, which is highly leveraged (71% above the sector average of 4.1x). Net debt stands at $11.1B ($15.4B total debt minus $4.3B cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.68 | 1.68 | 0.94 | 0.53 | 0.26 | 0.50 | — | — |
| Debt / EBITDA | 7.07 | 7.07 | 6.60 | — | — | — | 83.53 | — |
| Net Debt / Equity | — | 1.22 | 0.39 | -0.19 | -0.65 | -0.36 | — | — |
| Net Debt / EBITDA | 5.11 | 5.11 | 2.77 | — | — | — | 22.54 | — |
| Debt / FCF | — | 6.87 | — | -1.11 | — | — | 0.28 | 0.02 |
| Interest Coverage | — | — | 43.92 | -23.30 | -40.25 | -81.17 | — | — |
HOOD Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.00x means Robinhood Markets, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 1.58x to 1.00x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.00 | 1.00 | 1.39 | 1.58 | 1.41 | 1.56 | 1.23 | 1.25 |
| Quick Ratio | 1.00 | 1.00 | 1.39 | 1.58 | 1.41 | 1.56 | 1.23 | 1.25 |
| Cash Ratio | 0.15 | 0.15 | 0.24 | 0.45 | 0.39 | 0.51 | 0.16 | 0.21 |
| Asset Turnover | — | 0.12 | 0.11 | 0.11 | 0.06 | 0.09 | 0.09 | 0.07 |
| Inventory Turnover | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — |
HOOD Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Robinhood Markets, Inc. returns 0.9% to shareholders annually primarily through share buybacks. The earnings yield of 2.7% (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 |
|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.7% | 1.8% | 4.2% | — | — | — | — | — |
| FCF Yield | 2.3% | 1.6% | — | 10.2% | — | — | — | — |
| Buyback Yield | 0.9% | 0.6% | 0.8% | 5.4% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 0.9% | 0.6% | 0.8% | 5.4% | 0.0% | 0.0% | — | — |
| Shares Outstanding | — | $919M | $906M | $891M | $879M | $864M | $850M | $850M |
Peer Comparison
Compare HOOD 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 |
|---|---|---|---|---|---|---|---|---|---|
 HOODYou | $69B | 37.6 | 36.9 | 42.8 | 83.3% | 46.8% | 22.0% | 7.9% | 7.1 |
 SCHW | $164B | 30.9 | 18.3 | 80.1 | 75.4% | 29.6% | 13.3% | 6.0% | 4.9 |
 IBKR | $37B | 37.8 | 3.6 | 2.4 | 89.8% | 86.0% | 5.3% | 24.7% | 0.0 |
 AMTD | $8M | 0.3 | 6.9 | 1.5 | 45.2% | 48.2% | 3.4% | 1.2% | 8.6 |
 SFM | $7B | 14.8 | 9.1 | 15.8 | 37.1% | 7.8% | 38.4% | 17.8% | 2.0 |
 SOFI | $20B | 41.1 | 22.8 | — | 75.1% | 11.0% | 5.7% | 3.6% | 2.4 |
 MKTX | $6B | 20.8 | 12.2 | 15.0 | 68.9% | 41.7% | 20.4% | 18.0% | 0.2 |
 LPLA | $26B | 30.0 | 11.1 | — | 25.6% | 13.4% | 20.9% | 16.1% | 2.5 |
 RJF | $31B | 15.4 | 5.1 | 13.9 | 88.2% | 28.7% | 17.7% | 20.9% | 1.0 |
 FUTU | $56B | 31.7 | 64.0 | 14.2 | 82.0% | 48.7% | 20.7% | 14.8% | 1.3 |
 NDAQ | $51B | 28.8 | 20.1 | 25.4 | 47.9% | 28.4% | 15.3% | 8.1% | 3.3 |
| Financial Services Median | — | 13.3 | 11.4 | 10.6 | 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 · 7 years · Updated daily
Full HOOD Stock Analysis
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Start ComparisonHOOD — Frequently Asked Questions
Quick answers to the most common questions about buying HOOD stock.
What is Robinhood Markets, Inc.'s P/E ratio?
Robinhood Markets, Inc.'s current P/E ratio is 37.6x. The historical average is 39.5x. This places it at the 50th percentile of its historical range.
What is Robinhood Markets, Inc.'s EV/EBITDA?
Robinhood Markets, Inc.'s current EV/EBITDA is 36.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 42.7x.
What is Robinhood Markets, Inc.'s ROE?
Robinhood Markets, Inc.'s return on equity (ROE) is 22.0%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is -16.6%.
Is HOOD stock overvalued?
Based on historical data, Robinhood Markets, Inc. is trading at a P/E of 37.6x. 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 Robinhood Markets, Inc.'s profit margins?
Robinhood Markets, Inc. has 83.3% gross margin and 46.8% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Robinhood Markets, Inc. have?
Robinhood Markets, Inc.'s Debt/EBITDA ratio is 7.1x, indicating high leverage. A ratio above 4x may signal elevated financial risk.