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Affirm Holdings (AFRM)
NASDAQ:AFRM
US Market
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Affirm Holdings (AFRM) Ratios

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Affirm Holdings Ratios

AFRM's free cash flow for Q4 2025 was $0.68. For the 2025 fiscal year, AFRM's free cash flow was decreased by $ and operating cash flow was $0.20. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 24Dec 23Dec 22
Liquidity Ratios
Current Ratio
54.19 65.70 47.02 20.33 9.82
Quick Ratio
54.19 65.70 47.02 20.60 10.28
Cash Ratio
7.52 8.11 6.11 4.53 3.88
Solvency Ratio
0.03 -0.05 -0.15 -0.15 -0.18
Operating Cash Flow Ratio
4.41 3.60 0.08 -0.41 -0.51
Short-Term Operating Cash Flow Coverage
3.97 0.00 0.00 0.00 0.00
Net Current Asset Value
$ 1.67B$ 1.42B$ 1.25B$ 1.28B$ 1.43B
Leverage Ratios
Debt-to-Assets Ratio
0.70 0.69 0.67 0.58 0.39
Debt-to-Equity Ratio
2.56 2.42 2.15 1.56 0.74
Debt-to-Capital Ratio
0.72 0.71 0.68 0.61 0.42
Long-Term Debt-to-Capital Ratio
0.72 0.71 0.68 0.61 0.42
Financial Leverage Ratio
3.63 3.48 3.22 2.66 1.89
Debt Service Coverage Ratio
0.92 >-0.01 -3.65 -8.39 -6.99
Interest Coverage Ratio
-0.21 -1.79 -6.56 -11.43 -6.20
Debt to Market Cap
0.28 0.71 1.19 0.80 0.18
Interest Debt Per Share
25.32 22.46 19.08 14.72 12.38
Net Debt to EBITDA
11.06 0.00 -6.79 -4.69 -1.19
Profitability Margins
Gross Profit Margin
67.51%63.62%45.01%57.28%62.11%
EBIT Margin
10.80%-7.37%-50.77%-48.55%-44.88%
EBITDA Margin
18.22%0.00%-42.29%-44.65%-42.59%
Operating Profit Margin
-2.71%-26.51%-75.62%-59.02%-37.51%
Pretax Profit Margin
1.91%-22.19%-62.30%-53.72%-49.77%
Net Profit Margin
1.62%-22.29%-62.05%-52.43%-49.50%
Continuous Operations Profit Margin
1.62%-22.29%-62.05%-52.43%-50.67%
Net Income Per EBT
84.90%100.43%99.61%97.60%99.46%
EBT Per EBIT
-70.43%83.71%82.38%91.02%132.70%
Return on Assets (ROA)
0.47%-5.44%-12.08%-10.14%-8.85%
Return on Equity (ROE)
1.80%-18.95%-38.88%-27.02%-16.69%
Return on Capital Employed (ROCE)
-0.80%-6.56%-14.99%-11.89%-7.27%
Return on Invested Capital (ROIC)
-0.66%-6.58%-14.93%-11.61%-7.23%
Return on Tangible Assets
0.49%-5.77%-13.00%-11.13%-10.06%
Earnings Yield
0.18%-5.60%-21.76%-13.90%-4.04%
Efficiency Ratios
Receivables Turnover
0.46 0.41 7.97 8.33 6.64
Payables Turnover
12.65 20.60 30.53 17.43 5.71
Inventory Turnover
0.00 0.00 873.16M -7.93 -1.92
Fixed Asset Turnover
5.45 5.17 4.96 7.87 13.93
Asset Turnover
0.29 0.24 0.19 0.19 0.18
Working Capital Turnover Ratio
0.35 0.31 0.26 0.31 0.37
Cash Conversion Cycle
770.16 882.96 33.82 -23.15 -199.08
Days of Sales Outstanding
799.02 900.68 45.78 43.81 54.94
Days of Inventory Outstanding
0.00 0.00 <0.01 -46.01 -190.11
Days of Payables Outstanding
28.86 17.72 11.96 20.94 63.91
Operating Cycle
799.02 900.68 45.78 -2.20 -135.17
Cash Flow Ratios
Operating Cash Flow Per Share
2.43 1.45 0.04 -0.40 -1.22
Free Cash Flow Per Share
1.84 0.94 -0.37 -0.80 -1.35
CapEx Per Share
0.59 0.51 0.41 0.40 0.13
Free Cash Flow to Operating Cash Flow
0.76 0.65 -8.92 1.98 1.10
Dividend Paid and CapEx Coverage Ratio
4.13 2.83 0.10 -1.02 -9.54
Capital Expenditure Coverage Ratio
4.13 2.83 0.10 -1.02 -9.54
Operating Cash Flow Coverage Ratio
0.10 0.07 <0.01 -0.03 -0.10
Operating Cash Flow to Sales Ratio
0.25 0.19 <0.01 -0.08 -0.22
Free Cash Flow Yield
2.07%3.15%-2.40%-4.43%-2.00%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
563.53 -17.85 -4.59 -7.19 -24.75
Price-to-Sales (P/S) Ratio
9.01 3.98 2.85 3.77 12.25
Price-to-Book (P/B) Ratio
9.58 3.38 1.79 1.94 4.13
Price-to-Free Cash Flow (P/FCF) Ratio
48.27 31.78 -41.69 -22.56 -49.99
Price-to-Operating Cash Flow Ratio
37.04 20.53 371.69 -44.71 -55.23
Price-to-Earnings Growth (PEG) Ratio
3.06 0.36 -0.14 0.93 -0.05
Price-to-Fair Value
9.58 3.38 1.79 1.94 4.13
Enterprise Value Multiple
60.50 0.00 -13.53 -13.13 -29.96
Enterprise Value
35.54B 14.84B 9.09B 7.91B 11.11B
EV to EBITDA
60.50 0.00 -13.53 -13.13 -29.96
EV to Sales
11.02 6.39 5.72 5.86 12.76
EV to Free Cash Flow
59.07 51.04 -83.67 -35.08 -52.05
EV to Operating Cash Flow
44.77 32.98 745.96 -69.51 -57.51
Tangible Book Value Per Share
7.71 7.05 6.63 7.10 12.61
Shareholders’ Equity Per Share
9.39 8.82 8.58 9.29 16.30
Tax and Other Ratios
Effective Tax Rate
0.15 >-0.01 <0.01 0.02 <0.01
Revenue Per Share
9.86 7.50 5.38 4.79 5.50
Net Income Per Share
0.16 -1.67 -3.34 -2.51 -2.72
Tax Burden
0.85 1.00 1.00 0.98 0.99
Interest Burden
0.18 3.01 1.23 1.11 1.11
Research & Development to Revenue
0.10 0.22 0.39 0.31 0.29
SG&A to Revenue
0.17 0.23 0.37 0.43 0.43
Stock-Based Compensation to Revenue
0.10 0.15 0.28 0.29 0.34
Income Quality
15.21 -0.87 -0.01 0.16 0.45
Currency in USD
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