24 years of historical data (2002–2025) · Technology · Software - Infrastructure
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Remitly Global, Inc. trades at 53.9x earnings, 21% above its 5-year average of 44.5x, sitting at the 100th percentile of its historical range. Compared to the Technology sector median P/E of 25.2x, the stock trades at a premium of 114%. On a free-cash-flow basis, the stock trades at 11.8x P/FCF, 32% below the 5-year average of 17.5x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $3.5B | $3.0B | $4.4B | $3.5B | $1.9B | $1.3B | — | — | — | — | — |
| Enterprise Value | $3.1B | $2.7B | $4.0B | $3.3B | $1.6B | $855M | — | — | — | — | — |
| P/E Ratio → | 53.87 | 44.52 | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 2.14 | 1.84 | 3.48 | 3.72 | 2.94 | 2.73 | — | — | — | — | — |
| P/B Ratio | 4.18 | 3.46 | 6.60 | 6.63 | 4.00 | 2.61 | — | — | — | — | — |
| P/FCF | 11.82 | 10.16 | 24.85 | — | — | — | — | — | — | — | — |
| P/OCF | 10.75 | 9.24 | 22.59 | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
Remitly Global, Inc.'s enterprise value stands at 30.7x EBITDA, 19% above its 5-year average of 25.9x. The Technology sector median is 15.7x, placing the stock at a 95% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.62 | 3.20 | 3.53 | 2.49 | 1.86 | — | — | — | — | — |
| EV / EBITDA | 30.69 | 25.87 | — | — | — | — | — | — | — | — | — |
| EV / EBIT | 40.60 | — | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | 8.97 | 22.86 | — | — | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Remitly Global, Inc. earns an operating margin of 4.7%. Operating margins have expanded from -12.1% to 4.7% over the past 3 years, signaling improving operational efficiency. ROE of 8.9% is modest. ROIC of 14.0% represents solid returns on invested capital.
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 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | — | — | 59.2% | 56.4% | 50.0% | 48.3% | 47.1% | 42.1% | 4.4% | 5.3% | 6.5% |
| Operating Margin | 4.7% | 4.7% | -3.1% | -12.1% | -18.5% | -8.7% | -11.4% | -40.0% | -9.6% | -5.5% | 1.5% |
| Net Profit Margin | 4.2% | 4.2% | -2.9% | -12.5% | -17.4% | -8.5% | -12.7% | -40.6% | -9.0% | -8.3% | -2.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 8.9% | 8.9% | -6.2% | -23.3% | -23.7% | -11.8% | -22.3% | -293.9% | — | -117.9% | -27.9% |
| ROA | 5.5% | 5.5% | -3.6% | -13.6% | -17.3% | -7.8% | -10.4% | -12.0% | -19.5% | -15.3% | -7.7% |
| ROIC | 14.0% | 14.0% | -8.9% | -31.9% | -66.8% | -37.3% | -69.1% | — | -73.3% | -13.2% | 5.7% |
| ROCE | 8.9% | 8.9% | -5.8% | -19.8% | -24.9% | -11.9% | -19.3% | -21.0% | -30.7% | -13.4% | 5.3% |
Solvency and debt-coverage ratios — lower is generally safer
Remitly Global, Inc. carries a Debt/EBITDA ratio of 1.9x, which is manageable (37% below the sector average of 3.0x). The company holds a net cash position — cash of $542M exceeds total debt of $192M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.22 | 0.22 | 0.02 | 0.27 | 0.02 | 0.01 | 0.49 | 0.46 | — | 10.67 | 2.22 |
| Debt / EBITDA | 1.87 | 1.87 | — | — | — | — | — | — | — | — | 4.96 |
| Net Debt / Equity | — | -0.40 | -0.53 | -0.34 | -0.61 | -0.83 | -0.57 | -1.11 | — | 9.86 | 1.97 |
| Net Debt / EBITDA | -3.42 | -3.42 | — | — | — | — | — | — | — | — | 4.40 |
| Debt / FCF | — | -1.18 | -1.99 | — | — | — | — | -105.50 | — | — | 4.19 |
| Interest Coverage | — | — | -12.06 | -48.55 | -92.96 | -31.63 | -24.54 | -31.47 | -646.50 | -1.98 | 0.52 |
Net cash position: cash ($542M) exceeds total debt ($192M)
Short-term solvency ratios and asset-utilisation metrics
Remitly Global, Inc.'s current ratio of 3.30x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 2.54x to 3.30x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.30 | 3.30 | 2.73 | 2.54 | 3.20 | 4.29 | 1.90 | 1.72 | 1.32 | 1.74 | 1.75 |
| Quick Ratio | 3.30 | 3.30 | 2.73 | 2.54 | 3.20 | 4.29 | 1.90 | 1.72 | 0.85 | 1.02 | 1.10 |
| Cash Ratio | 2.08 | 2.08 | 1.12 | 0.88 | 1.44 | 2.85 | 1.03 | 1.26 | 0.14 | 0.17 | 0.23 |
| Asset Turnover | — | 1.12 | 1.25 | 0.91 | 0.94 | 0.73 | 0.71 | 0.48 | 2.27 | 1.94 | 1.63 |
| Inventory Turnover | 12.00 | — | — | — | — | — | — | — | 12.00 | 10.01 | 10.58 |
| Days Sales Outstanding | — | — | 61.51 | 153.78 | 106.89 | 53.50 | 72.06 | 85.14 | 33.21 | 25.82 | 24.60 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Remitly Global, Inc. returns 0.7% to shareholders annually primarily through share buybacks. The earnings yield of 1.9% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
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 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.9% | 2.2% | — | — | — | — | — | — | — | — | — |
| FCF Yield | 8.5% | 9.8% | 4.0% | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.7% | 0.8% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — | — | — |
| Total Shareholder Yield | 0.7% | 0.8% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — | — | — |
| Shares Outstanding | — | $218M | $195M | $181M | $168M | $61M | $152M | $21M | $29M | $29M | $29M |
Compare RELY 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 |
|---|---|---|---|---|---|---|---|---|---|
| RELYYou | $3B | 53.9 | 30.7 | 11.8 | — | 4.7% | 8.9% | 14.0% | 1.9 |
| XYZ | $38B | 30.3 | 22.9 | 15.8 | 42.8% | 7.1% | 6.0% | 6.4% | 4.3 |
| CPAY | $23B | 23.3 | 13.7 | 12.9 | 78.1% | 45.0% | 31.2% | 14.7% | 3.7 |
| AFRM | $15B | 313.2 | 158.0 | 25.4 | 67.5% | -2.7% | 1.8% | -0.7% | 57.0 |
| TOST | $14B | 48.8 | 34.9 | 23.5 | 25.8% | 5.0% | 18.6% | 30.8% | 0.1 |
| KSPI | $13B | 6.5 | 5.0 | 13.8 | 62.3% | 50.4% | 77.7% | 113.5% | 0.2 |
| WEX | $5B | 19.9 | 8.9 | 15.3 | 60.5% | 26.1% | 18.7% | 10.2% | 4.4 |
| KLAR | $5B | 2023.9 | 39.2 | 9.4 | 77.7% | -4.5% | 0.1% | -218.7% | 11.6 |
| BLSH | $5B | -5.2 | — | — | 0.0% | -0.0% | -26.8% | -2.3% | — |
| STNE | $4B | -17.3 | — | — | 27.9% | -30.9% | -13.1% | -7.2% | — |
| ACIW | $4B | 18.4 | 11.1 | 13.2 | 49.0% | 18.7% | 15.4% | 11.4% | 2.0 |
| Technology Median | — | 25.2 | 15.7 | 17.3 | 49.8% | -0.9% | 1.1% | 2.9% | 3.0 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 21 years · Updated daily
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Start ComparisonRemitly Global, Inc.'s current P/E ratio is 53.9x. The historical average is 44.5x. This places it at the 100th percentile of its historical range.
Remitly Global, Inc.'s current EV/EBITDA is 30.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 25.9x.
Remitly Global, Inc.'s return on equity (ROE) is 8.9%. The historical average is -16.6%.
Based on historical data, Remitly Global, Inc. is trading at a P/E of 53.9x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Remitly Global, Inc. has 4.7% operating margin.
Remitly Global, Inc.'s Debt/EBITDA ratio is 1.9x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.