Remitly Global, Inc. (RELY) Financial Ratios
24 years of historical data (2002–2025) · Technology · Software - Infrastructure
EV/EBITDA
37.76
↑+50% vs avg
5yr avg: 25.12
30Y Low25.1·High25.1
P/FCF
↓
14.71
↓-16% vs avg
5yr avg: 17.50
30Y Low10.2·High24.9
P/B Ratio
↑
5.17
+11% vs avg
5yr avg: 4.66
30Y Low2.6·High6.6
ROE
↑
8.9%
↓+179% vs avg
5yr avg: -11.2%
30Y Low-294%·High101%
Debt/EBITDA
2.06
+0% vs avg
5yr avg: 2.06
30Y Low2.1·High5.0
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
RELY Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Remitly Global, Inc. trades at 66.6x earnings, 50% 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 28.3x, the stock trades at a premium of 135%. On a free-cash-flow basis, the stock trades at 14.7x P/FCF, 16% 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 | $4.4B | $3.0B | $4.4B | $3.5B | $1.9B | $1.3B | — | — | — | — | — |
| Enterprise Value | $4.0B | $2.7B | $4.0B | $3.3B | $1.6B | $855M | — | — | — | — | — |
| P/E Ratio → | 66.65 | 44.52 | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 2.66 | 1.84 | 3.48 | 3.72 | 2.94 | 2.73 | — | — | — | — | — |
| P/B Ratio | 5.17 | 3.46 | 6.60 | 6.63 | 4.00 | 2.61 | — | — | — | — | — |
| P/FCF | 14.71 | 10.16 | 24.85 | — | — | — | — | — | — | — | — |
| P/OCF | 13.38 | 9.24 | 22.59 | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
RELY EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Remitly Global, Inc.'s enterprise value stands at 37.8x EBITDA, 50% above its 5-year average of 25.1x. The Technology sector median is 16.6x, placing the stock at a 127% 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 | — | 1.64 | 3.20 | 3.53 | 2.49 | 1.86 | — | — | — | — | — |
| EV / EBITDA | 37.76 | 25.12 | — | — | — | — | — | — | — | — | — |
| EV / EBIT | 49.33 | 33.83 | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | 9.07 | 22.86 | — | — | — | — | — | — | — | — |
RELY Profitability
Margins and return-on-capital ratios measuring operating efficiency
Remitly Global, Inc. earns an operating margin of 5.0%. Operating margins have expanded from -12.1% to 5.0% over the past 3 years, signaling improving operational efficiency. ROE of 8.9% is modest. ROIC of 14.2% represents solid returns on invested capital.
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 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 57.1% | 57.1% | 59.2% | 56.4% | 50.0% | 48.3% | 47.1% | 42.1% | 4.4% | 5.3% | 6.5% |
| Operating Margin | 5.0% | 5.0% | -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% |
Return on Capital
| 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 | 14.2% | 14.2% | -8.9% | -31.9% | -66.8% | -37.3% | -69.1% | — | -73.3% | -13.2% | 5.7% |
| ROCE | 9.4% | 9.4% | -5.8% | -19.8% | -24.9% | -11.9% | -19.3% | -21.0% | -30.7% | -13.4% | 5.3% |
RELY Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Remitly Global, Inc. carries a Debt/EBITDA ratio of 2.1x, which is manageable (30% below the sector average of 2.9x). The company holds a net cash position — cash of $542M exceeds total debt of $220M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 10.4x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.25 | 0.25 | 0.02 | 0.27 | 0.02 | 0.01 | 0.49 | 0.46 | — | 10.67 | 2.22 |
| Debt / EBITDA | 2.06 | 2.06 | — | — | — | — | — | — | — | — | 4.96 |
| Net Debt / Equity | — | -0.37 | -0.53 | -0.34 | -0.61 | -0.83 | -0.57 | -1.11 | — | 9.86 | 1.97 |
| Net Debt / EBITDA | -3.02 | -3.02 | — | — | — | — | — | — | — | — | 4.40 |
| Debt / FCF | — | -1.09 | -1.99 | — | — | — | — | -105.50 | — | — | 4.19 |
| Interest Coverage | 10.41 | 10.41 | -8.33 | -46.59 | -85.77 | -29.03 | -25.41 | -30.80 | -642.00 | -1.99 | -0.22 |
Net cash position: cash ($542M) exceeds total debt ($220M)
RELY Liquidity & Efficiency
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 | 10.01 | 10.58 |
| Days Sales Outstanding | — | 63.94 | 61.51 | 153.78 | 106.89 | 53.50 | 72.06 | 85.14 | 33.21 | 25.82 | 24.60 |
RELY Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Remitly Global, Inc. returns 1.2% to shareholders annually primarily through share buybacks. The earnings yield of 1.5% (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 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.5% | 2.2% | — | — | — | — | — | — | — | — | — |
| FCF Yield | 6.8% | 9.8% | 4.0% | — | — | — | — | — | — | — | — |
| Buyback Yield | 1.2% | 1.7% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — | — | — |
| Total Shareholder Yield | 1.2% | 1.7% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — | — | — |
| Shares Outstanding | — | $218M | $195M | $181M | $168M | $61M | $152M | $21M | $29M | $29M | $29M |
Peer Comparison
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 | $4B | 66.6 | 37.8 | 14.7 | 57.1% | 5.0% | 8.9% | 14.2% | 2.1 |
 WU | $2B | 4.6 | 1.0 | 5.7 | 28.7% | 19.4% | 51.9% | 23.3% | — |
 IMXI | $421M | 13.0 | 5.5 | 26.6 | 36.0% | 11.2% | 22.1% | 25.8% | 2.5 |
 FLYW | $2B | 140.3 | 40.5 | 18.6 | 61.4% | 1.8% | 1.6% | 2.1% | — |
 PYPL | $37B | 7.8 | 5.6 | 6.7 | 46.6% | 18.3% | 25.7% | 15.0% | 1.4 |
 V | $627B | 32.0 | 25.0 | 29.0 | 80.4% | 60.0% | 52.1% | 29.2% | 1.0 |
 MA | $429B | 29.3 | 21.3 | 25.3 | 83.4% | 59.2% | 209.9% | 56.5% | 0.9 |
 GPN | $15B | 11.2 | 10.0 | 7.6 | 72.6% | 19.1% | 6.0% | 3.0% | 7.6 |
 FIS | $19B | 50.3 | 6.3 | 6.9 | 36.9% | 16.5% | 2.6% | 6.0% | 1.1 |
 FISV | $25B | 7.4 | 6.0 | 5.8 | 59.4% | 26.9% | 13.0% | 8.1% | 3.3 |
 EVTC | $2B | 11.5 | 7.7 | 11.5 | 49.7% | 20.0% | 23.0% | 10.2% | 3.7 |
| Technology Median | — | 28.3 | 16.6 | 18.8 | 48.8% | 0.2% | 1.6% | 2.7% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 21 years · Updated daily
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RELY — Frequently Asked Questions
Quick answers to the most common questions about buying RELY stock.
What is Remitly Global, Inc.'s P/E ratio?
Remitly Global, Inc.'s current P/E ratio is 66.6x. The historical average is 44.5x. This places it at the 100th percentile of its historical range.
What is Remitly Global, Inc.'s EV/EBITDA?
Remitly Global, Inc.'s current EV/EBITDA is 37.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 25.1x.
What is Remitly Global, Inc.'s ROE?
Remitly Global, Inc.'s return on equity (ROE) is 8.9%. The historical average is -16.6%.
Is RELY stock overvalued?
Based on historical data, Remitly Global, Inc. is trading at a P/E of 66.6x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Remitly Global, Inc.'s profit margins?
Remitly Global, Inc. has 57.1% gross margin and 5.0% operating margin.
How much debt does Remitly Global, Inc. have?
Remitly Global, Inc.'s Debt/EBITDA ratio is 2.1x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.