Qfin Holdings, Inc. (QFIN) Financial Ratios
9 years of historical data (2016–2024) · Financial Services · Financial - Credit Services
EV/EBITDA
↑
3.01
↑+656% vs avg
5yr avg: 0.40
30Y Low0.1·High0.4
P/FCF
↑
2.79
↑+450% vs avg
5yr avg: 0.51
30Y Low0.3·High5.7
P/B Ratio
↑
0.57
↑+193% vs avg
5yr avg: 0.19
30Y Low0.1·High0.4
ROE
↓
27.1%
-16% vs avg
5yr avg: 32.1%
30Y Low21%·High47%
Debt/EBITDA
↑
0.22
↑+90% vs avg
5yr avg: 0.11
30Y Low0.0·High3.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
QFIN Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Qfin Holdings, Inc. trades at 2.2x earnings, 207% above its 5-year average of 0.7x, sitting at the 100th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.3x, the stock trades at a discount of 84%. On a free-cash-flow basis, the stock trades at 2.8x P/FCF, 450% above the 5-year average of 0.5x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $3.8B | $5.8B | $2.6B | $3.3B | $3.7B | $1.8B | $1.5B | $1.6B | — | — |
| Enterprise Value | $3.4B | $3.0B | $-649182253 | $-3737435568 | $-2008179773 | $-2395297247 | $-417018574 | $127M | — | — |
| P/E Ratio → | 2.16 | 0.92 | 0.61 | 0.80 | 0.65 | 0.55 | 0.59 | — | — | — |
| P/S Ratio | 1.49 | 0.34 | 0.16 | 0.20 | 0.22 | 0.13 | 0.20 | 0.42 | — | — |
| P/B Ratio | 0.57 | 0.24 | 0.12 | 0.17 | 0.24 | 0.19 | 0.20 | 0.35 | — | — |
| P/FCF | 2.79 | 0.63 | 0.37 | 0.56 | 0.64 | 0.34 | 0.50 | 5.69 | — | — |
| P/OCF | 2.75 | 0.62 | 0.37 | 0.55 | 0.64 | 0.34 | 0.49 | 5.51 | — | — |
P/E links to full P/E history page with 30-year chart
QFIN EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Qfin Holdings, Inc.'s enterprise value stands at 3.0x EBITDA, 656% above its 5-year average of 0.4x. The Financial Services sector median is 11.4x, placing the stock at a 74% discount 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 | — | 0.18 | -0.04 | -0.23 | -0.12 | -0.18 | -0.06 | 0.03 | — | — |
| EV / EBITDA | 3.01 | 0.40 | -0.13 | -0.82 | -0.29 | -0.63 | -0.14 | 0.08 | — | — |
| EV / EBIT | 3.04 | 0.38 | -0.08 | -0.42 | -0.20 | -0.28 | -0.14 | 0.08 | — | — |
| EV / FCF | — | 0.33 | -0.09 | -0.63 | -0.35 | -0.45 | -0.14 | 0.46 | — | — |
QFIN Profitability
Margins and return-on-capital ratios measuring operating efficiency
Qfin Holdings, Inc. earns an operating margin of 43.9%, significantly above the Financial Services sector average of 21.4%. Operating margins have expanded from 27.0% to 43.9% over the past 3 years, signaling improving operational efficiency. ROE of 27.1% indicates solid capital efficiency, compared to the sector median of 9.5%. ROIC of 23.1% represents excellent 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 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 61.8% | 61.8% | 64.1% | 70.7% | 77.2% | 76.4% | 87.1% | 93.2% | 90.2% | -694.8% |
| Operating Margin | 43.9% | 43.9% | 29.8% | 27.0% | 40.8% | 27.9% | 41.4% | 44.6% | 32.6% | -1727.6% |
| Net Profit Margin | 36.5% | 36.5% | 26.3% | 24.3% | 34.8% | 25.8% | 34.9% | 32.0% | 25.2% | -1249.5% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 27.1% | 27.1% | 20.9% | 23.6% | 46.8% | 41.9% | 42.9% | 46.1% | 46.3% | — |
| ROA | 13.3% | 13.3% | 9.9% | 10.9% | 20.0% | 15.6% | 18.1% | 22.8% | 10.3% | -55.5% |
| ROIC | 23.1% | 23.1% | 17.3% | 19.3% | 40.2% | 33.2% | 37.4% | 41.9% | 20.8% | -93.4% |
| ROCE | 35.6% | 35.6% | 18.7% | 12.4% | 24.2% | 17.4% | 22.1% | 32.9% | 13.6% | -84.5% |
QFIN Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Qfin Holdings, Inc. carries a Debt/EBITDA ratio of 0.2x, which is very conservative (95% below the sector average of 4.1x). The company holds a net cash position — cash of $4.5B exceeds total debt of $1.7B, 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 | 0.07 | 0.07 | 0.04 | 0.01 | 0.03 | 0.02 | 0.03 | 0.00 | 1.02 | — |
| Debt / EBITDA | 0.22 | 0.22 | 0.19 | 0.05 | 0.06 | 0.06 | 0.07 | 0.01 | 3.49 | — |
| Net Debt / Equity | — | -0.12 | -0.15 | -0.37 | -0.37 | -0.44 | -0.26 | -0.33 | -0.64 | — |
| Net Debt / EBITDA | -0.37 | -0.37 | -0.66 | -1.54 | -0.83 | -1.10 | -0.63 | -0.87 | -2.19 | — |
| Debt / FCF | — | -0.30 | -0.46 | -1.19 | -0.99 | -0.79 | -0.64 | -5.23 | — | — |
| Interest Coverage | — | — | — | — | — | — | 71.15 | 23.17 | 14.76 | — |
Net cash position: cash ($4.5B) exceeds total debt ($1.7B)
QFIN Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Qfin Holdings, Inc.'s current ratio of 2.45x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has declined from 104.07x to 2.45x 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 | 2.45 | 2.45 | 1.31 | 104.07 | 12.15 | 22.56 | 15.07 | 17.71 | 30.49 | 9.70 |
| Quick Ratio | 2.45 | 2.45 | 1.31 | 104.07 | 12.15 | 22.56 | 15.07 | 17.71 | 30.49 | 9.70 |
| Cash Ratio | 0.25 | 0.25 | 0.12 | 47.77 | 4.69 | 7.87 | 3.97 | 4.37 | 10.96 | 0.76 |
| Asset Turnover | — | 0.36 | 0.36 | 0.41 | 0.50 | 0.56 | 0.35 | 0.51 | 0.21 | 0.04 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — |
QFIN Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Qfin Holdings, Inc. returns 20.8% to shareholders annually — split between a 9.2% dividend yield and 11.6% buyback yield. The payout ratio of 20.2% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 46.4% (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 | 9.2% | 21.7% | 36.2% | 30.2% | — | — | — | — | — | — |
| Payout Ratio | 20.2% | 20.2% | 22.0% | 24.6% | — | — | — | — | — | — |
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 | 46.4% | 109.2% | 164.8% | 124.9% | 154.9% | 182.6% | 170.0% | — | — | — |
| FCF Yield | 35.8% | 157.8% | 270.7% | 179.8% | 156.4% | 293.8% | 200.5% | 17.6% | — | — |
| Buyback Yield | 11.6% | 51.1% | 24.5% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 20.8% | 72.7% | 60.7% | 30.2% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Shares Outstanding | — | $152M | $164M | $161M | $161M | $153M | $150M | $101M | $144M | $198M |
Peer Comparison
Compare QFIN 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 |
|---|---|---|---|---|---|---|---|---|---|
 QFINYou | $4B | 2.2 | 3.0 | 2.8 | 61.8% | 43.9% | 27.1% | 23.1% | 0.2 |
 LX | $148M | 2.2 | 1.7 | 1.2 | 35.4% | 16.1% | 10.8% | 11.0% | 2.2 |
 FINV | $3B | 3.8 | 5.7 | 6.9 | 79.3% | 19.4% | 16.2% | 12.9% | 0.0 |
 CNF | $1M | -0.0 | — | 0.1 | 87.0% | -11.2% | -12.0% | -0.6% | — |
 UPST | $3B | 69.3 | 52.8 | — | 95.2% | 5.1% | 7.5% | 1.7% | 23.4 |
 LC | $2B | 14.8 | 2.7 | — | 64.7% | 25.0% | 9.5% | 17.3% | 0.0 |
 SOFI | $20B | 41.1 | 22.8 | — | 75.1% | 11.0% | 5.7% | 3.6% | 2.4 |
 AFRM | $22B | 445.4 | 208.7 | 37.0 | 67.5% | -2.7% | 1.8% | -0.7% | 57.0 |
 CACC | $5B | 14.0 | 10.0 | 5.2 | 98.7% | 47.6% | 25.9% | 10.4% | 5.6 |
 OMF | $6B | 8.4 | 21.9 | 2.1 | 47.6% | 16.0% | 23.8% | 3.0% | 17.6 |
 BIDU | $44B | 13.1 | 9.9 | 23.0 | 50.3% | 16.0% | 8.7% | 4.8% | 2.2 |
| 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 →
Download Financial Ratios Data
Includes 30+ ratios · 9 years · Updated daily
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Start ComparisonQFIN — Frequently Asked Questions
Quick answers to the most common questions about buying QFIN stock.
What is Qfin Holdings, Inc.'s P/E ratio?
Qfin Holdings, Inc.'s current P/E ratio is 2.2x. The historical average is 0.7x. This places it at the 100th percentile of its historical range.
What is Qfin Holdings, Inc.'s EV/EBITDA?
Qfin Holdings, Inc.'s current EV/EBITDA is 3.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 0.2x.
What is Qfin Holdings, Inc.'s ROE?
Qfin Holdings, Inc.'s return on equity (ROE) is 27.1%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 37.0%.
Is QFIN stock overvalued?
Based on historical data, Qfin Holdings, Inc. is trading at a P/E of 2.2x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Qfin Holdings, Inc.'s dividend yield?
Qfin Holdings, Inc.'s current dividend yield is 9.21% with a payout ratio of 20.2%.
What are Qfin Holdings, Inc.'s profit margins?
Qfin Holdings, Inc. has 61.8% gross margin and 43.9% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Qfin Holdings, Inc. have?
Qfin Holdings, Inc.'s Debt/EBITDA ratio is 0.2x, indicating low leverage. A ratio below 2x is generally considered financially healthy.