Futu Holdings (FUTU) EBITDA Margin (2018 - 2025)
Futu Holdings (FUTU) posted quarterly EBITDA Margin of 124.07% for Q4 2025, up 4405.0% year-over-year from 2.75% in Q4 2024, and up 18.22% on a QoQ basis from 104.95% in Q3 2025.
Futu Holdings (FUTU) EBITDA Margin (2018 - 2025) Analysis & Trends
Futu Holdings (FUTU) has reported EBITDA Margin for 8 consecutive years, with 124.07% the latest figure, recorded in Q4 2025.
- In Q4 2025, EBITDA Margin rose 4405.0% year-over-year to 124.07%; the TTM figure through Dec 2025 stood at 109.74% (up 2317.0% YoY), while the FY2025 annual figure was 50.79%, up 1228.0% from the prior year.
- EBITDA Margin came in at 124.07% for Q4 2025 at Futu Holdings, up from 104.95% in the prior quarter.
- The five-year high for EBITDA Margin was 124.07% in Q4 2025, with the low at 55.99% in Q2 2022.
- Average EBITDA Margin over 5 years is 89.27%, with a median of 92.32% recorded in 2022.
- Across the five-year window, EBITDA Margin surged 5707 bps in 2023 and tumbled 2781 bps in 2024, its largest moves.
- Year by year, EBITDA Margin stood at 63.69% in 2021, then surged by 44 bps to 91.7% in 2022, then rose by 16 bps to 105.97% in 2023, then slipped by 24 bps to 80.02% in 2024, then jumped by 55 bps to 124.07% in 2025.
- According to Business Quant data, EBITDA Margin over the past three periods registered 124.07%, 104.95%, and 112.47% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 95.15% |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 136.81% |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 61.80% |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 124.07% |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 28.49% |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 11.84% |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 47.66% |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 110.52% |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -176.07% |
| 10 | Evercore | 13.30 Bn | 11.58 Bn | 1.38 Bn | 23.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 124.07% |
| Sep 30, 2025 | 104.95% |
| Jun 30, 2025 | 112.47% |
| Mar 31, 2025 | 95.57% |
| Dec 31, 2024 | 80.02% |
| Sep 30, 2024 | 94.14% |
| Jun 30, 2024 | 82.94% |
| Mar 31, 2024 | 92.94% |
| Dec 31, 2023 | 105.97% |
| Sep 30, 2023 | 105.71% |
| Jun 30, 2023 | 99.69% |
| Mar 31, 2023 | 120.75% |
| Dec 31, 2022 | 91.70% |
| Sep 30, 2022 | 67.50% |
| Jun 30, 2022 | 55.99% |
| Mar 31, 2022 | 63.68% |
| Dec 31, 2021 | 63.69% |
| Sep 30, 2021 | 68.17% |
| Jun 30, 2021 | 68.11% |
| Mar 31, 2021 | 87.23% |