WisdomTree, Inc. (WT) Financial Ratios
30 years of historical data (1996–2025) · Financial Services · Asset Management
EV/EBITDA
↑
18.95
↑+40% vs avg
5yr avg: 13.52
30Y Low11.6·High53.1
P/FCF
↑
18.27
↑+43% vs avg
5yr avg: 12.81
30Y Low11.8·High76.5
P/B Ratio
↑
6.25
↑+96% vs avg
5yr avg: 3.19
30Y Low1.0·High31.7
ROE
↑
26.8%
↓+32% vs avg
5yr avg: 20.3%
30Y Low-311%·High64%
Debt/EBITDA
↑
5.37
↑+29% vs avg
5yr avg: 4.17
30Y Low0.0·High5.4
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
WT Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
WisdomTree, Inc. trades at 23.8x earnings, 24% above its 5-year average of 19.2x, sitting at the 38th percentile of its historical range. Compared to the Financial Services sector median P/E of 14.0x, the stock trades at a premium of 70%. On a free-cash-flow basis, the stock trades at 18.3x P/FCF, 43% above the 5-year average of 12.8x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.7B | $1.8B | $1.6B | $1.0B | $781M | $888M | $795M | $735M | $1.1B | $1.7B | $1.5B |
| Enterprise Value | $3.4B | $2.4B | $1.9B | $1.2B | $972M | $1.1B | $909M | $859M | $1.2B | $1.7B | $1.4B |
| P/E Ratio → | 23.77 | 16.25 | 31.82 | 10.83 | 17.58 | 19.74 | — | — | 28.91 | 62.75 | 58.63 |
| P/S Ratio | 5.52 | 3.58 | 3.66 | 2.94 | 2.59 | 2.92 | 3.18 | 2.76 | 3.84 | 7.48 | 6.90 |
| P/B Ratio | 6.25 | 4.27 | 3.92 | 1.89 | 2.56 | 3.29 | 2.99 | 2.00 | 2.22 | 23.33 | 30.08 |
| P/FCF | 18.27 | 11.84 | 13.83 | 12.29 | 14.23 | 11.83 | 17.05 | 15.71 | 28.17 | 37.04 | 28.04 |
| P/OCF | 18.25 | 11.82 | 13.81 | 11.97 | 14.18 | 11.79 | 16.88 | 15.69 | 28.12 | 35.19 | 27.50 |
P/E links to full P/E history page with 30-year chart
WT EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
WisdomTree, Inc.'s enterprise value stands at 18.9x EBITDA, 40% above its 5-year average of 13.5x. The Financial Services sector median is 11.2x, placing the stock at a 70% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 4.88 | 4.44 | 3.35 | 3.22 | 3.50 | 3.64 | 3.22 | 4.27 | 7.25 | 6.48 |
| EV / EBITDA | 18.95 | 13.55 | 13.53 | 13.06 | 15.85 | 11.62 | 15.34 | 14.87 | 18.70 | 32.77 | 21.91 |
| EV / EBIT | 19.36 | 13.48 | 16.61 | 8.72 | 17.70 | 15.45 | — | 75.57 | 19.83 | 28.43 | 25.53 |
| EV / FCF | — | 16.16 | 16.76 | 14.05 | 17.71 | 14.21 | 19.48 | 18.35 | 31.29 | 35.90 | 26.35 |
WT Profitability
Margins and return-on-capital ratios measuring operating efficiency
WisdomTree, Inc. earns an operating margin of 35.3%, significantly above the Financial Services sector average of 20.0%. Operating margins have expanded from 25.1% to 35.3% over the past 3 years, signaling improving operational efficiency. ROE of 26.8% indicates solid capital efficiency, compared to the sector median of 8.9%. ROIC of 11.4% represents solid returns on invested capital versus a sector median of 5.3%.
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 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 72.1% | 72.1% | 71.6% | 48.2% | 46.0% | 51.7% | 47.4% | 47.3% | 52.1% | 45.8% | 52.3% |
| Operating Margin | 35.3% | 35.3% | 32.1% | 25.1% | 19.9% | 29.3% | 22.0% | 20.1% | 22.4% | 21.5% | 29.0% |
| Net Profit Margin | 22.1% | 22.1% | 15.6% | 29.4% | 16.8% | 16.4% | -14.3% | -3.9% | 13.4% | 11.9% | 11.9% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 26.8% | 26.8% | 14.2% | 24.2% | 17.6% | 18.6% | -11.3% | -2.5% | 13.4% | 44.1% | 18.4% |
| ROA | 8.6% | 8.6% | 6.7% | 10.4% | 4.9% | 5.1% | -3.9% | -1.1% | 6.3% | 10.8% | 9.6% |
| ROIC | 11.4% | 11.4% | 11.9% | 9.1% | 7.4% | 12.8% | 8.1% | 6.5% | 12.3% | 58.2% | 33.3% |
| ROCE | 16.2% | 16.2% | 15.6% | 10.1% | 6.5% | 10.0% | 6.6% | 6.3% | 11.8% | 24.4% | 28.3% |
WT Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
WisdomTree, Inc. carries a Debt/EBITDA ratio of 5.4x, which is highly leveraged (28% above the sector average of 4.2x). Net debt stands at $645M ($957M total debt minus $312M cash). Interest coverage of 5.9x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 2.31 | 2.31 | 1.28 | 0.51 | 1.06 | 1.18 | 0.70 | 0.54 | 0.41 | 0.02 | 0.03 |
| Debt / EBITDA | 5.37 | 5.37 | 3.65 | 3.07 | 5.26 | 3.48 | 3.16 | 3.44 | 3.11 | 0.04 | 0.02 |
| Net Debt / Equity | — | 1.56 | 0.83 | 0.27 | 0.62 | 0.66 | 0.43 | 0.34 | 0.25 | -0.72 | -1.82 |
| Net Debt / EBITDA | 3.62 | 3.62 | 2.36 | 1.63 | 3.11 | 1.95 | 1.92 | 2.14 | 1.87 | -1.04 | -1.41 |
| Debt / FCF | — | 4.32 | 2.93 | 1.75 | 3.47 | 2.38 | 2.44 | 2.64 | 3.12 | -1.14 | -1.70 |
| Interest Coverage | 5.88 | 5.88 | 6.04 | 8.81 | 3.67 | 5.60 | -2.64 | 1.01 | 7.41 | — | — |
WT Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.75x means WisdomTree, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 2.23x to 1.75x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.75 | 1.75 | 2.92 | 2.23 | 1.98 | 3.63 | 1.92 | 1.56 | 1.88 | 2.69 | 3.97 |
| Quick Ratio | 1.75 | 1.75 | 2.92 | 2.23 | 1.98 | 3.63 | 1.92 | 1.56 | 1.88 | 2.69 | 3.97 |
| Cash Ratio | 1.11 | 1.11 | 1.66 | 1.25 | 0.89 | 1.68 | 0.99 | 0.95 | 1.24 | 0.94 | 2.08 |
| Asset Turnover | — | 0.33 | 0.41 | 0.37 | 0.29 | 0.29 | 0.28 | 0.29 | 0.30 | 0.90 | 0.88 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
WT Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
WisdomTree, Inc. returns 4.4% to shareholders annually — split between a 0.7% dividend yield and 3.8% buyback yield. The payout ratio of 15.9% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 4.2% (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 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.7% | 1.0% | 1.2% | 2.0% | 2.5% | 2.2% | 2.5% | 2.8% | 1.8% | 2.6% | 2.9% |
| Payout Ratio | 15.9% | 15.9% | 28.5% | 19.6% | 38.2% | 39.1% | — | — | 52.5% | 161.0% | 166.9% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.2% | 6.2% | 3.1% | 9.2% | 5.7% | 5.1% | — | — | 3.5% | 1.6% | 1.7% |
| FCF Yield | 5.5% | 8.4% | 7.2% | 8.1% | 7.0% | 8.5% | 5.9% | 6.4% | 3.5% | 2.7% | 3.6% |
| Buyback Yield | 3.8% | 5.8% | 4.0% | 0.3% | 0.4% | 3.9% | 3.9% | 0.3% | 0.3% | 0.5% | 2.6% |
| Total Shareholder Yield | 4.4% | 6.8% | 5.2% | 2.3% | 2.9% | 6.1% | 6.5% | 3.1% | 2.1% | 3.0% | 5.5% |
| Shares Outstanding | — | $145M | $149M | $148M | $143M | $145M | $149M | $152M | $158M | $136M | $136M |
Peer Comparison
Compare WT 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 |
|---|---|---|---|---|---|---|---|---|---|
 WTYou | $3B | 23.8 | 18.9 | 18.3 | 72.1% | 35.3% | 26.8% | 11.4% | 5.4 |
 GROW | $40M | -127.2 | — | — | 41.7% | -35.3% | -0.7% | -4.7% | — |
 DHIL | $473M | 9.8 | 110.4 | — | 96.0% | 38.4% | 28.8% | 1.3% | 103.4 |
 MORN | $6B | 17.3 | 9.4 | 13.2 | 61.0% | 21.5% | 26.3% | 15.3% | 2.0 |
 ARES | $37B | 58.1 | 25.4 | 11.7 | 74.8% | 27.2% | 6.8% | 6.1% | 7.4 |
 BEN | $17B | 35.7 | 23.4 | 18.5 | 80.3% | 6.9% | 3.7% | 1.6% | 11.7 |
 IVZ | $12B | -16.2 | 16.0 | 8.0 | 43.2% | -10.9% | -2.0% | -2.3% | 8.2 |
 AMG | $9B | 14.9 | 11.7 | 8.9 | 86.0% | 31.8% | 15.8% | 8.1% | 2.8 |
 VRTS | $926M | 6.9 | 16.1 | — | 74.9% | 17.4% | 13.5% | 3.0% | 13.9 |
 CNNE | $733M | -1.5 | — | — | 12.7% | -28.2% | -36.6% | -5.7% | — |
 BLK | $153B | 27.7 | 20.2 | 42.9 | 55.5% | 29.1% | 10.0% | 7.5% | 1.9 |
| Financial Services Median | — | 14.0 | 11.2 | 11.3 | 64.0% | 20.0% | 8.9% | 5.3% | 4.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 22 years · Updated daily
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WT — Frequently Asked Questions
Quick answers to the most common questions about buying WT stock.
What is WisdomTree, Inc.'s P/E ratio?
WisdomTree, Inc.'s current P/E ratio is 23.8x. The historical average is 33.4x. This places it at the 38th percentile of its historical range.
What is WisdomTree, Inc.'s EV/EBITDA?
WisdomTree, Inc.'s current EV/EBITDA is 18.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 22.2x.
What is WisdomTree, Inc.'s ROE?
WisdomTree, Inc.'s return on equity (ROE) is 26.8%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is -17.1%.
Is WT stock overvalued?
Based on historical data, WisdomTree, Inc. is trading at a P/E of 23.8x. This is at the 38th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is WisdomTree, Inc.'s dividend yield?
WisdomTree, Inc.'s current dividend yield is 0.67% with a payout ratio of 15.9%.
What are WisdomTree, Inc.'s profit margins?
WisdomTree, Inc. has 72.1% gross margin and 35.3% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does WisdomTree, Inc. have?
WisdomTree, Inc.'s Debt/EBITDA ratio is 5.4x, indicating high leverage. A ratio above 4x may signal elevated financial risk.