Affirm Holdings Ratios (2019-2025) | AFRM

Ratios Dec2019 Mar2020 Jun2020 Sep2020 Dec2020 Mar2021 Jun2021 Sep2021 Dec2021 Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025
Profitability
Gross Margin 94.07%94.86%96.70%87.02%80.83%74.78%76.20%76.26%60.26%55.97%53.67%54.68%52.86%63.01%67.45%70.42%72.72%76.92%79.47%79.21%84.30%90.55%90.92%91.59%
EBT Margin -34.91%-61.85%22.77%-2.21%-13.00%-124.48%-48.08%-113.76%-44.17%-15.34%-56.17%-69.53%-81.09%-54.21%-46.49%-34.39%-28.35%-23.09%-6.70%-14.08%9.56%0.68%8.17%8.89%
EBIT Margin -37.49%-58.94%25.64%-19.14%-13.12%-90.76%-43.64%-61.65%-54.35%-63.86%-76.13%-79.49%-89.98%-81.38%-54.69%-42.18%-29.12%-27.91%-11.14%-18.99%-0.50%-1.07%6.63%6.82%
EBITDA Margin -34.99%-62.55%23.07%-2.04%-12.15%-123.22%-46.37%-115.34%-43.78%-14.48%-55.26%-76.97%-78.80%-52.86%-44.65%-36.57%-25.18%-25.01%-7.49%-12.57%4.84%0.75%11.26%7.65%
Operating Margin -37.49%-58.94%25.64%-19.14%-13.12%-90.76%-43.64%-61.65%-54.35%-63.86%-76.13%-79.49%-89.98%-81.38%-54.69%-42.18%-29.12%-27.91%-11.14%-18.99%-0.50%-1.07%6.63%6.82%
Net Margin -35.02%-61.92%22.70%-2.27%-7.49%-107.15%-62.39%-113.83%-44.25%-15.42%-51.19%-69.48%-80.69%-53.99%-46.20%-34.60%-28.24%-23.25%-6.85%-14.35%9.28%0.36%7.90%8.65%
FCF Margin -507.43%-538.36%-678.29%-765.37%-756.64%-612.47%-550.26%-898.90%-818.85%-794.17%-744.86%-955.85%-824.49%-879.31%-831.90%-1,020.03%-870.52%-889.37%-886.42%-963.96%-953.31%-1,111.68%-1,009.58%
Efficiency
Assets Average 3.74B4.82B5.13B6.18B6.99B7.00B7.07B7.48B7.66B7.83B8.28B8.74B9.13B9.36B9.83B10.31B10.46B10.80B11.32B
Equity Average 1.03B2.49B2.48B2.42B2.52B2.60B2.59B2.54B2.51B2.52B2.55B2.60B2.63B2.68B2.78B2.81B2.83B2.97B3.18B
Invested Capital -0.37B-0.35B2.41B2.58B2.38B2.47B2.58B2.62B2.56B2.51B2.51B2.53B2.57B2.63B2.62B2.73B2.84B2.79B2.87B3.07B3.30B
Asset Utilization Ratio 0.200.180.190.180.180.190.200.200.200.200.210.220.230.250.260.270.290.300.31
Leverage & Solvency
Interest Coverage Ratio -4.06-9.935.03-3.22-2.22-14.28-7.31-9.91-11.08-14.32-14.28-11.47-8.22-6.06-3.87-2.83-2.03-1.78-0.77-1.27-0.04-0.080.550.58
Debt to Equity -2.23-2.340.520.460.680.640.560.620.670.750.710.850.931.041.240.671.411.431.420.530.54
Debt Ratio 0.580.300.260.240.300.230.210.230.240.240.240.270.290.300.350.190.390.380.390.150.15
Equity Ratio -0.26-0.130.500.530.440.360.370.380.360.320.330.310.310.290.290.290.280.270.280.280.29
Times Interest Earned -4.06-9.935.03-3.22-2.22-14.28-7.31-9.91-11.08-14.32-14.28-11.47-8.22-6.06-3.87-2.83-2.03-1.78-0.77-1.27-0.04-0.080.550.58
Valuation
Enterprise Value -0.27B-0.14B16.58B16.39B30.95B25.69B10.90B5.68B3.89B1.37B2.34B4.43B5.29B13.79B10.16B8.33B11.65B18.44B13.02B20.95B22.37B
Market Capitalization 18.20B17.85B32.39B28.26B13.16B6.93B5.42B2.81B3.31B5.32B6.37B14.83B11.43B9.34B12.70B19.64B14.37B22.30B23.80B
Return Ratios
Return on Sales -0.15%-0.12%-0.37%-0.51%-0.77%-0.78%-0.52%-0.52%-0.45%-0.55%-0.64%-0.62%-0.53%-0.39%-0.32%-0.22%-0.18%-0.07%-0.02%0.02%0.07%
Return on Invested Capital -0.15%-0.21%-0.28%-0.28%-0.33%-0.37%-0.44%-0.48%-0.47%-0.44%-0.36%-0.30%-0.02%0.03%
Return on Assets -0.08%-0.09%-0.14%-0.14%-0.09%-0.10%-0.09%-0.11%-0.13%-0.13%-0.11%-0.09%-0.07%-0.06%-0.05%-0.02%-0.01%0.00%0.02%
Return on Equity -0.28%-0.18%-0.30%-0.36%-0.26%-0.27%-0.25%-0.32%-0.38%-0.39%-0.36%-0.29%-0.26%-0.19%-0.16%-0.07%-0.02%0.02%0.07%