Nu Holdings Ltd. (NU) Financial Ratios
8 years of historical data (2018–2025) · Financial Services · Banks - Diversified
EV/EBITDA
↑
13.05
+6% vs avg
5yr avg: 12.36
30Y Low0.4·High18.2
P/FCF
↓
17.62
↓-38% vs avg
5yr avg: 28.28
30Y Low22.8·High37.2
P/B Ratio
↓
5.51
↓-19% vs avg
5yr avg: 6.76
30Y Low3.9·High9.7
ROE
↑
30.2%
↓+144% vs avg
5yr avg: 12.4%
30Y Low-33%·High30%
Debt/EBITDA
↑
1.31
↑+121% vs avg
5yr avg: 0.59
30Y Low0.0·High1.3
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
NU Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Nu Holdings Ltd. trades at 21.9x earnings, 30% below its 5-year average of 31.5x, sitting at the 0th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.6x, the stock trades at a premium of 61%. On a free-cash-flow basis, the stock trades at 17.6x P/FCF, 38% below the 5-year average of 28.3x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $61.6B | $82.1B | $50.6B | $40.5B | $19.0B | $43.2B | — | — | — |
| Enterprise Value | $51.8B | $72.4B | $37.9B | $28.3B | $12.9B | $40.9B | — | — | — |
| P/E Ratio → | 21.91 | 28.86 | 25.90 | 39.67 | — | — | — | — | — |
| P/S Ratio | 3.88 | 5.17 | 4.56 | 5.28 | 4.21 | 28.59 | — | — | — |
| P/B Ratio | 5.51 | 7.26 | 6.62 | 6.32 | 3.89 | 9.73 | — | — | — |
| P/FCF | 17.62 | 23.52 | 22.77 | 37.15 | 29.68 | — | — | — | — |
| P/OCF | 17.59 | 23.47 | 21.11 | 31.96 | 25.19 | — | — | — | — |
P/E links to full P/E history page with 30-year chart
NU EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Nu Holdings Ltd.'s enterprise value stands at 13.1x EBITDA, 6% above its 5-year average of 12.4x. The Financial Services sector median is 11.4x, placing the stock at a 15% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 4.56 | 3.41 | 3.68 | 2.87 | 27.03 | — | — | — |
| EV / EBITDA | 13.05 | 18.24 | 13.19 | 17.64 | 0.37 | — | — | — | — |
| EV / EBIT | 13.38 | 18.69 | 13.56 | 18.36 | — | — | — | — | — |
| EV / FCF | — | 20.71 | 17.04 | 25.95 | 20.19 | — | — | — | — |
NU Profitability
Margins and return-on-capital ratios measuring operating efficiency
Nu Holdings Ltd. earns an operating margin of 24.4%, above the Financial Services sector average of 20.3%. Operating margins have expanded from 20.1% to 24.4% over the past 3 years, signaling improving operational efficiency. Return on equity of 30.2% is exceptionally high — well above the sector median of 9.0%. ROIC of 23.1% represents excellent returns on invested capital versus a sector median of 5.5%.
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 |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 44.8% | 44.8% | 45.9% | 43.6% | 34.7% | 43.9% | 33.1% | 39.3% | 35.3% |
| Operating Margin | 24.4% | 24.4% | 25.2% | 20.1% | -6.8% | -11.3% | -33.6% | -27.6% | -13.2% |
| Net Profit Margin | 18.1% | 18.1% | 17.8% | 13.4% | -8.1% | -10.9% | -29.8% | -19.7% | -11.3% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| ROE | 30.2% | 30.2% | 28.1% | 18.2% | -7.8% | -6.8% | -32.7% | -20.4% | -9.6% |
| ROA | 4.6% | 4.6% | 4.2% | 2.8% | -1.5% | -1.1% | -2.0% | -1.9% | -1.0% |
| ROIC | 23.1% | 23.1% | 26.0% | 17.4% | -4.5% | -4.9% | -18.6% | -14.4% | -6.1% |
| ROCE | 29.6% | 29.6% | 27.4% | 19.1% | -5.2% | -5.6% | -20.1% | -16.9% | -7.0% |
NU Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Nu Holdings Ltd. carries a Debt/EBITDA ratio of 1.3x, which is manageable (69% below the sector average of 4.3x). The company holds a net cash position — cash of $15.0B exceeds total debt of $5.2B, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of just 0.8x 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 |
|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.46 | 0.46 | 0.12 | 0.18 | 0.16 | 0.04 | 0.43 | 0.53 | 0.39 |
| Debt / EBITDA | 1.31 | 1.31 | 0.31 | 0.73 | 0.02 | — | — | — | — |
| Net Debt / Equity | — | -0.86 | -1.67 | -1.90 | -1.24 | -0.53 | -0.95 | -0.19 | -0.29 |
| Net Debt / EBITDA | -2.47 | -2.47 | -4.44 | -7.62 | -0.17 | — | — | — | — |
| Debt / FCF | — | -2.80 | -5.73 | -11.20 | -9.49 | — | -0.43 | -0.43 | — |
| Interest Coverage | 0.85 | 0.85 | 0.99 | 0.76 | -0.20 | -0.46 | -0.90 | -1.18 | -0.74 |
Net cash position: cash ($15.0B) exceeds total debt ($5.2B)
NU Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.59x is below 1.0, meaning current liabilities exceed current assets — though the company's $15.0B cash position helps mitigate short-term liquidity concerns. The current ratio has declined from 1.08x to 0.59x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.59 | 0.59 | 0.96 | 1.08 | 1.12 | 1.07 | 0.58 | 0.71 | 0.87 |
| Quick Ratio | 0.59 | 0.59 | 0.96 | 1.08 | 1.12 | 1.07 | 0.58 | 0.71 | 0.87 |
| Cash Ratio | 0.25 | 0.25 | 0.35 | 0.39 | 0.30 | 0.17 | 0.06 | 0.08 | 0.09 |
| Asset Turnover | — | 0.21 | 0.22 | 0.18 | 0.15 | 0.08 | 0.06 | 0.07 | 0.09 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — |
NU Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Nu Holdings Ltd. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 4.6% (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 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.6% | 3.5% | 3.9% | 2.5% | — | — | — | — | — |
| FCF Yield | 5.7% | 4.3% | 4.4% | 2.7% | 3.4% | — | — | — | — |
| Buyback Yield | 0.0% | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 0.0% | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $4.9B | $4.9B | $4.9B | $4.7B | $4.6B | $4.6B | $4.6B | $4.6B |
Peer Comparison
Compare NU 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 |
|---|---|---|---|---|---|---|---|---|---|
 NUYou | $62B | 21.9 | 13.1 | 17.6 | 44.8% | 24.4% | 30.2% | 23.1% | 1.3 |
 SOFI | $23B | 45.9 | 26.0 | — | 75.1% | 11.0% | 5.7% | 3.6% | 2.4 |
 AFRM | $25B | 492.8 | 225.8 | 40.9 | 67.5% | -2.7% | 1.8% | -0.7% | 57.0 |
 UPST | $3B | 72.1 | 54.3 | — | 95.2% | 5.1% | 7.5% | 1.7% | 23.4 |
 LC | $2B | 16.7 | 3.3 | — | 64.7% | 25.0% | 9.5% | 17.3% | 0.0 |
 DAVE | $4B | 23.2 | 87.7 | 14.6 | 79.8% | 8.0% | 73.1% | 11.1% | 1.6 |
 PYPL | $37B | 7.9 | 5.6 | 6.7 | 46.6% | 18.3% | 25.7% | 15.0% | 1.4 |
 MA | $434B | 29.6 | 21.5 | 25.6 | 83.4% | 59.2% | 209.9% | 56.5% | 0.9 |
 V | $628B | 32.1 | 25.1 | 29.1 | 80.4% | 60.0% | 52.1% | 29.2% | 1.0 |
 GPN | $16B | 11.5 | 10.1 | 7.8 | 72.6% | 19.1% | 6.0% | 3.0% | 7.6 |
 STNE | $3B | 6.6 | 3.1 | — | 76.2% | 51.4% | 19.6% | 24.7% | 2.1 |
| Financial Services Median | — | 13.6 | 11.4 | 11.1 | 64.1% | 20.3% | 9.0% | 5.5% | 4.3 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 8 years · Updated daily
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NU — Frequently Asked Questions
Quick answers to the most common questions about buying NU stock.
What is Nu Holdings Ltd.'s P/E ratio?
Nu Holdings Ltd.'s current P/E ratio is 21.9x. The historical average is 31.5x.
What is Nu Holdings Ltd.'s EV/EBITDA?
Nu Holdings Ltd.'s current EV/EBITDA is 13.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 12.4x.
What is Nu Holdings Ltd.'s ROE?
Nu Holdings Ltd.'s return on equity (ROE) is 30.2%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is -0.1%.
Is NU stock overvalued?
Based on historical data, Nu Holdings Ltd. is trading at a P/E of 21.9x. Compare with industry peers and growth rates for a complete picture.
What are Nu Holdings Ltd.'s profit margins?
Nu Holdings Ltd. has 44.8% gross margin and 24.4% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Nu Holdings Ltd. have?
Nu Holdings Ltd.'s Debt/EBITDA ratio is 1.3x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.