Klarna Group plc (KLAR) Financial Ratios
9 years of historical data (2016–2024) · Technology · Software - Infrastructure
EV/EBITDA
45.61
—
5yr avg: N/A
P/FCF
10.25
—
5yr avg: N/A
P/B Ratio
2.38
—
5yr avg: N/A
ROE
↑
0.1%
↓+101% vs avg
5yr avg: -19.6%
30Y Low-41%·High10%
Debt/EBITDA
11.63
+0% vs avg
5yr avg: 11.63
30Y Low4.7·High17.8
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
KLAR Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Klarna Group plc trades at 2197.0x earnings, sitting at the 50th percentile of its historical range. Compared to the Technology sector median P/E of 27.7x, the stock trades at a premium of 7837%. On a free-cash-flow basis, the stock trades at 10.2x P/FCF.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $5.6B | — | — | — | — | — | — | — | — | — |
| Enterprise Value | $3.1B | — | — | — | — | — | — | — | — | — |
| P/E Ratio → | 2197.01 | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 2.08 | — | — | — | — | — | — | — | — | — |
| P/B Ratio | 2.38 | — | — | — | — | — | — | — | — | — |
| P/FCF | 10.25 | — | — | — | — | — | — | — | — | — |
| P/OCF | 9.46 | — | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
KLAR EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Klarna Group plc's enterprise value stands at 45.6x EBITDA. The Technology sector median is 17.5x, placing the stock at a 161% premium on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | — | — | — | — | — | — | — | — | — |
| EV / EBITDA | 45.61 | — | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — | — | — |
KLAR Profitability
Margins and return-on-capital ratios measuring operating efficiency
Klarna Group plc earns an operating margin of -4.5%. Operating margins have expanded from -51.9% to -4.5% over the past 3 years, signaling improving operational efficiency. ROE of 0.1% is modest.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 77.7% | 77.7% | 75.4% | 72.5% | 63.2% | 71.7% | 70.4% | 82.7% | 84.3% | 83.8% |
| Operating Margin | -4.5% | -4.5% | -14.7% | -51.9% | -45.0% | -14.0% | -13.1% | 2.6% | 11.6% | 4.7% |
| Net Profit Margin | 0.1% | 0.1% | -11.3% | -55.0% | -47.9% | -11.5% | -10.9% | 1.7% | 7.7% | 3.2% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 0.1% | 0.1% | -11.0% | -41.3% | -34.8% | -11.1% | -11.7% | 2.2% | 10.2% | 4.1% |
| ROA | 0.0% | 0.0% | -1.9% | -8.7% | -8.0% | -2.6% | -2.5% | 0.4% | 2.3% | 0.9% |
| ROIC | -218.7% | -218.7% | -28.6% | -40.1% | -25.2% | -6.4% | -5.1% | 1.5% | 7.5% | 3.3% |
| ROCE | -3.0% | -3.0% | -7.3% | -17.1% | -14.7% | -6.2% | -5.5% | 1.2% | 6.0% | 2.4% |
KLAR Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Klarna Group plc carries a Debt/EBITDA ratio of 11.6x, which is highly leveraged (298% above the sector average of 2.9x). The company holds a net cash position — cash of $3.2B exceeds total debt of $791M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.35 | 0.35 | 0.21 | 0.27 | 0.47 | 0.56 | 1.22 | 0.83 | 0.63 | 0.38 |
| Debt / EBITDA | 11.63 | 11.63 | — | — | — | — | — | 17.79 | 4.68 | 4.87 |
| Net Debt / Equity | — | -1.09 | -0.87 | -0.39 | -0.17 | 0.21 | 1.21 | 0.83 | 0.63 | 0.38 |
| Net Debt / EBITDA | -36.06 | -36.06 | — | — | — | — | — | 17.79 | 4.68 | 4.87 |
| Debt / FCF | — | -4.52 | -2.65 | -3.92 | — | 1.88 | — | 5.98 | — | 2.57 |
| Interest Coverage | -0.24 | -0.24 | -1.09 | -6.67 | — | — | — | — | — | — |
Net cash position: cash ($3.2B) exceeds total debt ($791M)
KLAR Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.21x means Klarna Group plc can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 1.55x to 1.21x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.21 | 1.21 | 1.13 | 1.55 | 1.87 | 1.81 | 1.86 | 2.05 | 2.17 | 2.12 |
| Quick Ratio | 1.21 | 1.21 | 1.13 | 1.55 | 1.87 | 1.81 | 1.86 | 2.05 | 2.17 | 2.12 |
| Cash Ratio | 0.39 | 0.39 | 0.24 | 0.38 | 0.50 | 0.33 | 0.14 | 0.24 | 0.23 | 0.19 |
| Asset Turnover | — | 0.19 | 0.16 | 0.16 | 0.14 | 0.18 | 0.20 | 0.21 | 0.24 | 0.29 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 1029.58 | 1492.01 | 1410.70 | — | — | — | — | — | — |
KLAR Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Klarna Group plc does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 0.0% (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 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 0.0% | — | — | — | — | — | — | — | — | — |
| FCF Yield | 9.8% | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 0.0% | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $364M | $362M | $336M | $0 | $0 | $0 | $0 | $0 | $0 |
Peer Comparison
Compare KLAR 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 |
|---|---|---|---|---|---|---|---|---|---|
 KLARYou | $6B | 2197.0 | 45.6 | 10.2 | 77.7% | -4.5% | 0.1% | -218.7% | 11.6 |
 AFRM | $22B | 449.1 | 210.0 | 37.3 | 67.5% | -2.7% | 1.8% | -0.7% | 57.0 |
 SEZL | $3B | 26.8 | 19.3 | 16.1 | 85.4% | 39.3% | 103.3% | 52.7% | 0.8 |
 PAYX | $34B | 20.6 | 15.4 | 19.2 | 72.4% | 39.6% | 41.8% | 30.9% | 2.1 |
 FOUR | $4B | 43.4 | 9.5 | 7.6 | 34.2% | 8.4% | 8.0% | 6.3% | 5.9 |
 PYPL | $41B | 8.5 | 6.1 | 7.3 | 46.6% | 18.3% | 25.7% | 15.0% | 1.4 |
 SOFI | $20B | 41.0 | 22.8 | — | 75.1% | 11.0% | 5.7% | 3.6% | 2.4 |
 UPST | $3B | 64.4 | 50.1 | — | 95.2% | 5.1% | 7.5% | 1.7% | 23.4 |
 LC | $2B | 14.5 | 2.6 | — | 64.7% | 25.0% | 9.5% | 17.3% | 0.0 |
 V | $616B | 31.5 | 24.6 | 28.6 | 80.4% | 60.0% | 52.1% | 29.2% | 1.0 |
 MA | $443B | 30.3 | 22.0 | 26.2 | 83.4% | 59.2% | 209.9% | 56.5% | 0.9 |
| Technology Median | — | 27.7 | 17.5 | 19.2 | 48.5% | -0.6% | 2.4% | 2.9% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
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Start ComparisonKLAR — Frequently Asked Questions
Quick answers to the most common questions about buying KLAR stock.
What is Klarna Group plc's P/E ratio?
Klarna Group plc's current P/E ratio is 2197.0x. This places it at the 50th percentile of its historical range.
What is Klarna Group plc's EV/EBITDA?
Klarna Group plc's current EV/EBITDA is 45.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA.
What is Klarna Group plc's ROE?
Klarna Group plc's return on equity (ROE) is 0.1%. The historical average is -10.4%.
Is KLAR stock overvalued?
Based on historical data, Klarna Group plc is trading at a P/E of 2197.0x. 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 Klarna Group plc's profit margins?
Klarna Group plc has 77.7% gross margin and -4.5% operating margin.
How much debt does Klarna Group plc have?
Klarna Group plc's Debt/EBITDA ratio is 11.6x, indicating high leverage. A ratio above 4x may signal elevated financial risk.