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Pagaya Technologies Ltd (PGY) Ratios
Pagaya Technologies Ltd Ratios
PGY's free cash flow for Q3 2026 was $45.77M. For the 2026 fiscal year, PGY's free cash flow was decreased by $-3.28M and operating cash flow was $49.05M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 11.06 | 1.80 | 4.05 | 3.28 | 8.60 |
| Quick Ratio | 11.06 | 1.80 | 4.05 | 3.28 | 8.60 |
| Cash Ratio | 1.79 | 0.96 | 2.49 | 2.42 | 6.65 |
| Solvency Ratio | 0.11 | -0.44 | -0.20 | -1.06 | -0.85 |
| Operating Cash Flow Ratio | 1.82 | 0.34 | 0.13 | -0.31 | 1.74 |
| Short-Term Operating Cash Flow Coverage | 0.00 | 0.52 | 0.25 | -0.65 | 0.00 |
| Net Current Asset Value | $ 463.99M | $ -498.05M | $ -239.22M | $ 140.16M | $ 140.68M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.56 | 0.53 | 0.34 | 0.20 | 0.06 |
| Debt-to-Equity Ratio | 1.79 | 2.09 | 0.74 | 0.38 | 0.12 |
| Debt-to-Capital Ratio | 0.64 | 0.68 | 0.42 | 0.28 | 0.11 |
| Long-Term Debt-to-Capital Ratio | 0.63 | 0.61 | 0.37 | 0.14 | 0.11 |
| Financial Leverage Ratio | 3.22 | 3.95 | 2.16 | 1.89 | 1.91 |
| Debt Service Coverage Ratio | 0.00 | 0.34 | -1.59 | -5.26 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt to Market Cap | 0.50 | 0.98 | 0.36 | 0.27 | 0.02 |
| Interest Debt Per Share | 10.96 | 9.61 | 6.87 | 5.55 | 2.33 |
| Net Debt to EBITDA | 7.63 | 7.26 | -5.08 | 0.32 | 4.53 |
| Profitability Margins | |||||
| Gross Profit Margin | 40.61% | 40.51% | 34.14% | 34.19% | 47.89% |
| EBIT Margin | 4.09% | 3.90% | -8.23% | -45.96% | -7.74% |
| EBITDA Margin | 6.48% | 6.76% | -5.76% | -45.04% | -7.56% |
| Operating Profit Margin | 17.74% | 6.65% | -3.16% | -36.69% | -1.30% |
| Pretax Profit Margin | 4.09% | -41.92% | -23.44% | -40.32% | -13.83% |
| Net Profit Margin | 6.45% | -39.96% | -16.62% | -44.11% | -20.44% |
| Continuous Operations Profit Margin | 5.66% | -44.37% | -25.46% | -42.71% | -15.59% |
| Net Income Per EBT | 157.65% | 95.32% | 70.89% | 109.39% | 147.86% |
| EBT Per EBIT | 23.07% | -630.04% | 742.49% | 109.89% | 1061.25% |
| Return on Assets (ROA) | 5.26% | -31.09% | -10.63% | -28.93% | -15.44% |
| Return on Equity (ROE) | 16.96% | -122.95% | -22.95% | -54.62% | -29.56% |
| Return on Capital Employed (ROCE) | 15.82% | 6.10% | -2.15% | -27.43% | -1.03% |
| Return on Invested Capital (ROIC) | 15.45% | 5.44% | -2.07% | -25.47% | -1.03% |
| Return on Tangible Assets | 5.37% | -31.98% | -10.75% | -28.93% | -15.44% |
| Earnings Yield | 4.97% | -60.96% | -12.92% | -53.11% | -4.70% |
| Efficiency Ratios | |||||
| Receivables Turnover | 6.44 | 7.88 | 8.84 | 11.57 | 13.23 |
| Payables Turnover | 190.58 | 85.48 | 395.76 | 259.39 | 20.06 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Asset Turnover | 20.75 | 13.42 | 7.94 | 7.39 | 58.30 |
| Asset Turnover | 0.82 | 0.78 | 0.64 | 0.66 | 0.76 |
| Working Capital Turnover Ratio | 1.71 | 5.23 | 2.97 | 2.69 | 3.07 |
| Cash Conversion Cycle | 54.75 | 42.02 | 40.37 | 30.13 | 9.39 |
| Days of Sales Outstanding | 56.66 | 46.29 | 41.29 | 31.54 | 27.59 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Payables Outstanding | 1.92 | 4.27 | 0.92 | 1.41 | 18.19 |
| Operating Cycle | 56.66 | 46.29 | 41.29 | 31.54 | 27.59 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 3.05 | 0.94 | 0.16 | -1.05 | 3.06 |
| Free Cash Flow Per Share | 2.87 | 0.61 | -0.18 | -1.63 | 2.65 |
| Dividend Paid and CapEx Coverage Ratio | 17.16 | 2.86 | 0.47 | -1.79 | 7.52 |
| Capital Expenditure Coverage Ratio | 17.16 | 2.86 | 0.47 | -1.79 | 7.52 |
| Operating Cash Flow Coverage Ratio | 0.28 | 0.10 | 0.02 | -0.19 | 1.31 |
| Operating Cash Flow to Sales Ratio | 0.19 | 0.07 | 0.01 | -0.06 | 0.11 |
| Free Cash Flow Yield | 13.73% | 6.57% | -1.07% | -10.96% | 2.23% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 21.11 | -1.64 | -7.74 | -1.88 | -21.28 |
| Price-to-Sales (P/S) Ratio | 1.30 | 0.66 | 1.29 | 0.83 | 4.35 |
| Price-to-Book (P/B) Ratio | 3.41 | 2.02 | 1.78 | 1.03 | 6.29 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 7.29 | 15.21 | -93.66 | -9.12 | 44.91 |
| Price-to-Operating Cash Flow Ratio | 6.86 | 9.90 | 103.78 | -14.23 | 38.94 |
| Price-to-Earnings Growth (PEG) Ratio | -0.18 | -0.01 | 0.11 | -0.02 | 0.04 |
| Enterprise Value Multiple | 27.67 | 16.96 | -27.41 | -1.53 | -52.99 |
| Enterprise Value | 2.26B | 1.15B | 1.22B | 471.68M | 1.79B |
| EV to EBITDA | 27.67 | 16.96 | -27.41 | -1.53 | -52.99 |
| EV to Sales | 1.79 | 1.15 | 1.58 | 0.69 | 4.01 |
| EV to Free Cash Flow | 10.06 | 26.60 | -114.96 | -7.56 | 41.37 |
| EV to Operating Cash Flow | 9.47 | 17.31 | 127.39 | -11.79 | 35.87 |
| Tangible Book Value Per Share | 6.70 | 5.72 | 10.87 | 20.01 | 29.76 |
| Shareholders’ Equity Per Share | 6.13 | 4.61 | 9.33 | 14.47 | 18.94 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | -0.38 | -0.06 | -0.09 | -0.06 | -0.13 |
| Revenue Per Share | 16.10 | 14.17 | 12.88 | 17.92 | 27.39 |
| Net Income Per Share | 1.04 | -5.66 | -2.14 | -7.90 | -5.60 |
| Tax Burden | 1.58 | 0.95 | 0.71 | 1.09 | 1.48 |
| Interest Burden | 1.00 | -10.76 | 2.85 | 0.88 | 1.79 |
| Research & Development to Revenue | 0.06 | 0.08 | 0.10 | 0.22 | 0.15 |
| SG&A to Revenue | 0.17 | 0.29 | 0.26 | 0.43 | 0.30 |
| Stock-Based Compensation to Revenue | 0.04 | 0.06 | 0.09 | 0.00 | 0.15 |
| Income Quality | 3.34 | -0.15 | -0.05 | 0.13 | -0.72 |
Currency in USD