Amalgamated Financial Corp. (AMAL) Key Metrics
AMAL valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $1.41B
- Enterprise value
- $1.26B
- P/E (TTM)
- 12.7 10-yr median 9.6
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 4.2 10-yr median 2.4
- Price / book
- 1.7 10-yr median 1.3
- EV / EBITDA
- —
- Dividend yield
- 1.44% $0.68 a year
- Beta
- 0.81
AMAL key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsAMAL valuation Price multiples at each fiscal year-end price.
AMAL returns How much profit the business earns on the capital it uses.
AMAL per-share figures Results divided by the shares outstanding at year-end.
AMAL financial health Debt, liquidity and how easily interest is covered.
AMAL efficiency & capital use Working capital cycle and where the cash goes.
AMAL valuation history
AMAL returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
AMAL debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
AMAL cash returned to shareholders
AMAL price vs earnings per share
AMAL key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $969.6M | $1.04B | $829.3M | $718.7M | $528.5M | $429.1M | $626.4M | $597.3M | — | — |
| Enterprise value | $1.01B | −$320.2M | −$408.7M | −$458.8M | −$1.78B | −$1.10B | −$583.5M | −$565.8M | — | — |
| P/E ratio | 9.3 | 9.7 | 9.4 | 8.8 | 10.0 | 9.3 | 13.3 | 13.4 | — | — |
| Price / sales | 2.1 | 2.4 | 2.2 | 2.5 | 2.5 | 1.9 | 2.9 | 3.1 | — | — |
| Price / book | 1.2 | 1.5 | 1.4 | 1.4 | 0.9 | 0.8 | 1.3 | 1.4 | — | — |
| Price / free cash flow | 7.2 | 8.5 | 7.2 | 4.9 | 7.8 | 6.7 | 7.6 | 20.2 | — | — |
| Price / operating cash flow | 7.1 | 8.3 | 7.1 | 4.9 | 7.5 | 6.5 | 7.5 | 19.3 | — | — |
| EV / sales | 2.2 | -0.7 | -1.1 | -1.6 | -8.5 | -4.9 | -2.7 | -2.9 | — | — |
| EV / EBITDA | 6.9 | — | — | — | — | — | — | — | — | — |
| EV / free cash flow | 7.5 | — | — | — | — | — | — | — | — | — |
| Earnings yield | 10.8% | 10.3% | 10.6% | 11.3% | 10.0% | 10.8% | 7.5% | 7.5% | — | — |
| Free cash flow yield | 13.9% | 11.8% | 14.0% | 20.3% | 12.9% | 15.0% | 13.2% | 5.0% | — | — |
| Dividend yield | 1.8% | 1.4% | 1.5% | 1.6% | 1.9% | 2.3% | 1.3% | 0.3% | — | — |
| Shareholder yield (dividends + buybacks) | 5.4% | 1.5% | 2.5% | 3.3% | 2.4% | 4.0% | 2.2% | 1.5% | — | — |
| Share price at fiscal year-end | $32.03 | $33.47 | $26.94 | $23.04 | $16.77 | $13.74 | $19.45 | $19.50 | — | — |
| Per share | ||||||||||
| Revenue per share | $15.03 | $14.07 | $12.42 | $9.14 | $6.62 | $7.16 | $6.68 | $6.28 | $5.26 | $5.30 |
| Earnings per share | $3.45 | $3.44 | $2.86 | $2.61 | $1.68 | $1.48 | $1.47 | $1.46 | $0.19 | $0.35 |
| Operating cash flow per share | $4.49 | $4.01 | $3.81 | $4.72 | $2.24 | $2.11 | $2.59 | $1.01 | $0.75 | $0.28 |
| Free cash flow per share | $4.44 | $3.95 | $3.76 | $4.67 | $2.16 | $2.05 | $2.57 | $0.97 | $0.69 | −$0.14 |
| Cash per share | $1.76 | $54.62 | $51.12 | $60.14 | $77.55 | $50.55 | $41.84 | $41.00 | $33.36 | $4.70 |
| Book value per share | $26.24 | $22.87 | $19.01 | $16.31 | $17.89 | $17.15 | $15.23 | $14.34 | $10.83 | $11.40 |
| Tangible book value per share | $25.79 | $22.41 | $18.52 | $15.80 | $17.35 | $16.57 | $14.62 | $13.65 | $10.83 | $11.40 |
| Dividends per share | $0.57 | $0.46 | $0.40 | $0.36 | $0.32 | $0.32 | $0.26 | $0.06 | $0.01 | $0.01 |
| Capex per share | $0.05 | $0.06 | $0.05 | $0.05 | $0.08 | $0.05 | $0.02 | $0.05 | $0.06 | $0.42 |
| Debt per share | $3.11 | $10.80 | $10.90 | $22.39 | $4.19 | $1.70 | $4.27 | $3.03 | $23.87 | $21.36 |
| Shares outstanding | 30.3M | 30.9M | 30.8M | 31.2M | 31.5M | 31.2M | 32.2M | 30.6M | 31.8M | 29.9M |
| Change in shares outstanding | −2.1% | +0.5% | −1.3% | −1.0% | +0.9% | −3.0% | +5.1% | −3.6% | +6.2% | −5.8% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 13.9% | 16.5% | 16.1% | 15.2% | 9.6% | 9.0% | 10.2% | 11.4% | 1.8% | 3.1% |
| Return on invested capital (ROIC) | 111.5% | — | — | — | — | — | — | — | 2.2% | 1.9% |
| Return on assets (ROA) | 1.2% | 1.3% | 1.1% | 1.1% | 0.8% | 0.8% | 0.9% | 1.0% | 0.2% | 0.3% |
| Return on tangible assets | 1.2% | 1.3% | 1.1% | 1.0% | 0.7% | 0.8% | 0.9% | 1.0% | 0.2% | 0.3% |
| Free cash flow margin | 29.5% | 28.1% | 30.3% | 51.1% | 32.6% | 28.7% | 38.4% | 15.4% | 13.2% | −2.6% |
| Income quality (OCF / net income) | 1.30 | 1.17 | 1.33 | 1.81 | 1.33 | 1.42 | 1.77 | 0.69 | 3.92 | 0.79 |
| Financial health | ||||||||||
| Total debt | $94.1M | $334.1M | $335.6M | $698.5M | $132.0M | $53.2M | $137.4M | $92.9M | $758.4M | $638.9M |
| Cash & short-term investments | $53.2M | $1.69B | $1.57B | $1.88B | $2.44B | $1.58B | $1.35B | $1.26B | $1.06B | $140.6M |
| Net debt | $40.9M | −$1.36B | −$1.24B | −$1.18B | −$2.31B | −$1.53B | −$1.21B | −$1.16B | −$301.4M | $498.2M |
| Debt / equity | 0.12 | 0.47 | 0.57 | 1.37 | 0.23 | 0.10 | 0.28 | 0.21 | 2.20 | 1.87 |
| Debt / assets | 0.01 | 0.04 | 0.04 | 0.09 | 0.02 | 0.01 | 0.03 | 0.02 | 0.19 | 0.16 |
| Net debt / EBITDA | 0.28 | −8.98 | −9.44 | −9.94 | −30.59 | −21.95 | −17.24 | −20.96 | −12.21 | 33.16 |
| Current ratio | 12.77 | 0.24 | 0.23 | 0.29 | 0.39 | 0.30 | 0.29 | 0.31 | 0.33 | 0.07 |
| Quick ratio | 12.77 | 0.24 | 0.87 | 0.31 | 0.48 | 0.35 | 0.33 | 0.31 | 0.32 | 0.07 |
| Interest coverage | 1.1 | 1.2 | 1.3 | 5.8 | 11.4 | 5.9 | 3.3 | 3.5 | 1.1 | 0.7 |
| Working capital | $109.0M | −$5.43B | −$5.38B | −$4.68B | −$3.88B | −$3.74B | −$3.27B | −$2.83B | −$2.22B | −$2.07B |
| Invested capital | $835.4M | −$648.0M | −$652.8M | −$668.7M | −$1.75B | −$989.8M | −$719.5M | −$723.9M | $42.7M | $839.2M |
| Tangible asset value | $780.6M | $693.2M | $570.2M | $492.9M | $546.8M | $517.5M | $470.9M | $418.3M | $344.1M | $341.1M |
| Net current asset value | −$7.96B | −$5.80B | −$5.76B | −$5.42B | −$4.04B | −$3.84B | −$3.47B | −$2.98B | −$2.63B | −$3.54B |
| Graham number | $45.14 | $42.08 | $34.96 | $30.96 | $26.00 | $23.89 | $22.41 | $21.69 | $6.84 | $9.51 |
| Graham net-net per share | −$263.39 | −$187.92 | −$259.99 | −$176.27 | −$138.14 | −$127.01 | −$110.06 | −$97.24 | −$82.52 | −$118.97 |
| Capital allocation | ||||||||||
| Dividends paid | $17.2M | $14.2M | $12.3M | $11.2M | $10.0M | $10.0M | $8.3M | $1.9M | $394,000 | $394,000 |
| Share buybacks (net) | $35.2M | $1.3M | $8.3M | $12.5M | $2.9M | $7.0M | $5.8M | $7.0M | $0 | $2.1M |
| Dividend payout ratio | 16.5% | 13.4% | 14.0% | 13.8% | 18.8% | 21.6% | 17.6% | 4.3% | 6.5% | 3.7% |
| Dividends + buybacks / free cash flow | 39.0% | 12.7% | 17.8% | 16.3% | 18.9% | 26.5% | 17.0% | 30.1% | 1.8% | — |
| Capex / revenue | 0.3% | 0.4% | 0.4% | 0.6% | 1.1% | 0.7% | 0.3% | 0.7% | 1.1% | 7.9% |
| Capex / operating cash flow | 1.0% | 1.4% | 1.3% | 1.1% | 3.4% | 2.5% | 0.9% | 4.6% | 7.8% | 149.9% |
| Capex / depreciation | 0.20 | 0.33 | 0.23 | 0.36 | 0.49 | 0.21 | 0.13 | 0.28 | 0.38 | 2.89 |
| Stock-based compensation / revenue | 1.5% | 1.3% | 1.2% | 0.9% | 0.9% | 1.1% | 1.1% | 0.5% | 2.2% | — |
| SG&A / revenue | 26.8% | 23.2% | 24.6% | 28.6% | 36.2% | 34.0% | 39.1% | 44.8% | 45.7% | 17.0% |
| Efficiency | ||||||||||
| Days sales outstanding | 50.7 | 48.9 | 46.2 | 45.0 | 46.1 | 35.1 | 28.4 | 24.3 | 24.4 | — |
| Days of inventory on hand | — | — | -7,544.6 | -4,078.1 | -26,129.4 | -1,982.0 | -1,115.2 | 197.9 | 129.3 | 48.7 |
| Days payables outstanding | — | — | — | 70,238.9 | 359,617.7 | 51,638.6 | 68,938.3 | 95,942.4 | 24,171.2 | 45.8 |
| Cash conversion cycle (days) | — | — | — | -74,272.1 | -385,700.9 | -53,585.5 | -70,025.1 | -95,720.2 | -24,017.5 | — |
| Receivables turnover | 7.21 | 7.46 | 7.89 | 8.12 | 7.91 | 10.39 | 12.85 | 15.04 | 14.96 | — |
| Payables turnover | — | — | — | 0.01 | 0.00 | 0.01 | 0.01 | 0.00 | 0.02 | 7.97 |
| Inventory turnover | — | — | — | — | — | — | — | 1.84 | 2.82 | 7.49 |
| Asset turnover | 0.05 | 0.05 | 0.05 | 0.04 | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Average receivables | $63.1M | $58.3M | $48.5M | $35.1M | $26.4M | $21.5M | $16.7M | $12.8M | $11.2M | — |
| Average payables | — | — | — | $6.48B | $5.85B | $4.99B | $4.37B | $3.67B | $1.62B | $2.9M |
| Average inventory | — | — | −$2.30B | −$376.0M | −$424.9M | −$191.5M | −$70.7M | $7.6M | $8.7M | $3.1M |
| Intangibles / total assets | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% | 0.3% | 0.4% | 0.4% | 0.0% | 0.0% |
Computed from AMAL's annual financial statements (latest annual report filed March 5, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
AMAL valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Amalgamated Financial traded at 9.3 times earnings, against a 10-year median of 9.6. Based on the latest twelve months, the trailing P/E is 12.7. Amalgamated Financial earned a return on equity of 13.9% and a return on invested capital of 111.5% in fiscal 2025. It ended the year with $94.1 million of debt and $53.2 million in cash and short-term investments, net debt of $40.9 million. It returned $52.4 million to shareholders: $17.2 million in dividends and $35.2 million in share buybacks, 39% of free cash flow.
See the AMAL income statement, the AMAL chart for price history, or the AMAL stock overview for the latest quote and news.
AMAL key metrics FAQ
What is Amalgamated Financial's P/E ratio?
Amalgamated Financial's trailing P/E ratio is 12.7 based on the last twelve months of earnings (as of October 17, 2026). At the end of fiscal 2025 it was 9.3, compared with a 10-year median of 9.6.
What is Amalgamated Financial's EV/EBITDA?
Amalgamated Financial's enterprise value was 6.9 times EBITDA at the end of fiscal 2025 (enterprise value $1.0 billion, EBITDA $147.0 million).
What is Amalgamated Financial's return on equity?
Amalgamated Financial's return on equity (ROE) was 13.9% in fiscal 2025: net income of $104.4 million on average shareholders' equity of $751.1 million.
What is Amalgamated Financial's ROIC?
Amalgamated Financial's return on invested capital was 111.5% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Amalgamated Financial have?
Amalgamated Financial had total debt of $94.1 million at the end of fiscal 2025, a debt-to-equity ratio of 0.12 and $40.9 million of net debt (0.28 times EBITDA).
What is Amalgamated Financial's dividend yield?
Amalgamated Financial's forward dividend yield is 1.44%. Amalgamated Financial paid $17.2 million in dividends in fiscal 2025 ($0.57 per share), a payout ratio of 16.5%.
Does Amalgamated Financial buy back its shares?
Yes. Amalgamated Financial spent $35.2 million on net share repurchases in fiscal 2025 Shares outstanding changed −2.1% over the year, to 30.3M..
What is Amalgamated Financial's free cash flow yield?
Amalgamated Financial generated $134.4 million of free cash flow in fiscal 2025, a free cash flow yield of 13.9% on its market value at year-end ($969.6 million).
What is Amalgamated Financial's current ratio?
Amalgamated Financial's current ratio was 12.77 at the end of fiscal 2025: current assets were 12.77 times current liabilities.