Bill.com Holdings, Inc. (BILL) Key Metrics
BILL valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $3.89B
- Enterprise value
- $3.86B
- P/E (TTM)
- —
- Forward P/E
- 13.4
- PEG ratio
- 0.45
- Price / sales
- 2.4 10-yr median 11.7
- Price / book
- 1.1 10-yr median 2.8
- EV / EBITDA
- 30.7 10-yr median 30.8
- Dividend yield
- —
- Beta
- 1.14
BILL key metrics, FY2018–FY2026
Fiscal year ended June 30, 2026 · U.S. dollarsBILL valuation Price multiples at each fiscal year-end price.
Price / sales−33.5%
2.2
FY2026 · hover or tap a bar for each year
FY2018FY2026
Price / book−16.7%
1.0
FY2026 · hover or tap a bar for each year
FY2018FY2026
EV / EBITDA−7.8%
28.4
FY2026 · hover or tap a bar for each year
FY2018FY2026
Price / free cash flow−44.9%
8.6
FY2026 · hover or tap a bar for each year
FY2018FY2026
Free cash flow yield+5.3 pts
11.7%
FY2026 · hover or tap a bar for each year
FY2018FY2026
BILL returns How much profit the business earns on the capital it uses.
Return on equity−0.9 pts
−0.3%
FY2026 · hover or tap a bar for each year
FY2018FY2026
Return on invested capital+2.2 pts
0.4%
FY2026 · hover or tap a bar for each year
FY2018FY2026
Return on assets−0.4 pts
−0.1%
FY2026 · hover or tap a bar for each year
FY2018FY2026
Free cash flow margin+4.4 pts
25.6%
FY2026 · hover or tap a bar for each year
FY2018FY2026
Asset turnover+7.2%
0.16
FY2026 · hover or tap a bar for each year
FY2018FY2026
BILL per-share figures Results divided by the shares outstanding at year-end.
Revenue per share+17.5%
$16.55
FY2026 · hover or tap a bar for each year
FY2018FY2026
Earnings per share
−$0.11
FY2026 · hover or tap a bar for each year
FY2018FY2026
Free cash flow per share+41.9%
$4.23
FY2026 · hover or tap a bar for each year
FY2018FY2026
Book value per share−6.2%
$35.33
FY2026 · hover or tap a bar for each year
FY2018FY2026
Shares outstanding−3.8%
99.9M
FY2026 · hover or tap a bar for each year
FY2018FY2026
BILL financial health Debt, liquidity and how easily interest is covered.
Debt / equity+18.7%
0.54
FY2026 · hover or tap a bar for each year
FY2018FY2026
Net debt+$507.2M
−$40.0M
FY2026 · hover or tap a bar for each year
FY2018FY2026
Net debt / EBITDA+3.64
−0.32
FY2026 · hover or tap a bar for each year
FY2018FY2026
Current ratio−4.3%
1.51
FY2026 · hover or tap a bar for each year
FY2018FY2026
Interest coverage
0.7
FY2026 · hover or tap a bar for each year
FY2018FY2026
Debt / assets+5.4%
0.19
FY2026 · hover or tap a bar for each year
FY2018FY2026
BILL efficiency & capital use Working capital cycle and where the cash goes.
Days sales outstanding−6 days
174 days
FY2026 · hover or tap a bar for each year
FY2018FY2026
Days payables outstanding−1 days
15 days
FY2026 · hover or tap a bar for each year
FY2018FY2026
Cash conversion cycle−5 days
159 days
FY2026 · hover or tap a bar for each year
FY2018FY2026
Capex / revenue−2.6 pts
0.2%
FY2026 · hover or tap a bar for each year
FY2018FY2026
Dividends + buybacks / FCF−6.2 pts
132.7%
FY2026 · hover or tap a bar for each year
FY2018FY2026
BILL valuation history
Fiscal year-endToday9-year median
BILL returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
BILL debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
BILL cash returned to shareholders
DividendsBuybacksFree cash flow
BILL price vs earnings per share
Share price at year-endEPS (right axis)
BILL key metrics
FY2018–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Valuation | |||||||||
| Market capitalization | $3.61B | $4.81B | $5.58B | $12.38B | $11.19B | $15.17B | $7.92B | — | — |
| Enterprise value | $3.57B | $4.26B | $4.97B | $11.64B | $10.34B | $15.08B | $7.22B | — | — |
| P/E ratio | — | 202.0 | — | — | — | — | — | — | — |
| Price / sales | 2.2 | 3.3 | 4.3 | 11.7 | 17.4 | 63.7 | 50.2 | — | — |
| Price / book | 1.0 | 1.2 | 1.4 | 3.0 | 2.8 | 6.0 | 11.1 | — | — |
| Price / free cash flow | 8.6 | 15.5 | 21.7 | 79.1 | — | — | — | — | — |
| Price / operating cash flow | 8.5 | 13.7 | 20.0 | 65.9 | — | — | — | — | — |
| EV / sales | 2.2 | 2.9 | 3.9 | 11.0 | 16.1 | 63.3 | 45.8 | — | — |
| EV / EBITDA | 28.4 | 30.8 | 51.8 | — | — | — | — | — | — |
| EV / free cash flow | 8.5 | 13.8 | 19.3 | 74.3 | — | — | — | — | — |
| Earnings yield | −0.3% | 0.5% | −0.5% | −1.8% | −2.9% | −0.7% | −0.4% | — | — |
| Free cash flow yield | 11.7% | 6.4% | 4.6% | 1.3% | −0.3% | −0.1% | −0.2% | — | — |
| Dividend yield | — | — | — | 0.5% | — | 0.2% | — | — | — |
| Shareholder yield (dividends + buybacks) | 15.5% | 8.9% | 3.8% | 1.2% | 0.0% | 0.2% | — | — | — |
| Share price at fiscal year-end | $36.16 | $46.26 | $52.62 | $116.85 | $109.94 | $183.18 | $90.21 | — | — |
| Per share | |||||||||
| Revenue per share | $16.55 | $14.08 | $12.16 | $9.99 | $6.31 | $2.88 | $1.80 | $1.50 | $0.79 |
| Earnings per share | −$0.11 | $0.23 | −$0.27 | −$2.11 | −$3.21 | −$1.19 | −$0.35 | −$0.10 | −$0.09 |
| Operating cash flow per share | $4.26 | $3.37 | $2.63 | $1.77 | −$0.18 | $0.06 | −$0.05 | −$0.05 | −$0.10 |
| Free cash flow per share | $4.23 | $2.98 | $2.43 | $1.48 | −$0.33 | −$0.20 | −$0.19 | −$0.11 | −$0.13 |
| Cash per share | $19.39 | $22.33 | $14.96 | $25.10 | $26.58 | $14.07 | $7.95 | $2.25 | $1.12 |
| Book value per share | $35.33 | $37.67 | $38.96 | $38.56 | $39.74 | $30.55 | $8.10 | $2.41 | $1.08 |
| Tangible book value per share | $9.73 | $12.46 | $13.72 | $12.53 | $12.27 | $4.11 | $8.10 | $2.41 | $1.08 |
| Dividends per share | — | — | — | $0.57 | — | $0.45 | — | — | — |
| Capex per share | $0.03 | $0.39 | $0.20 | $0.29 | $0.15 | $0.26 | $0.14 | $0.06 | $0.02 |
| Debt per share | $18.99 | $17.06 | $9.21 | $18.04 | $18.24 | $12.99 | $0.03 | $0.01 | $0.12 |
| Shares outstanding | 99.9M | 103.9M | 106.1M | 106.0M | 101.8M | 82.8M | 87.8M | 72.3M | 82.4M |
| Change in shares outstanding | −3.8% | −2.1% | +0.1% | +4.2% | +22.9% | −5.7% | +21.5% | −12.3% | — |
| Returns & profitability | |||||||||
| Return on equity (ROE) | −0.3% | 0.6% | −0.7% | −5.5% | −9.9% | −6.1% | −7.0% | −5.5% | −8.1% |
| Return on invested capital (ROIC) | 0.4% | −1.8% | −4.0% | −7.2% | −8.9% | −7.3% | −193.3% | −81.4% | −95.4% |
| Return on assets (ROA) | −0.1% | 0.2% | −0.3% | −2.4% | −4.3% | −2.4% | −1.6% | −0.6% | −0.7% |
| Return on tangible assets | −0.1% | 0.3% | −0.4% | −3.3% | −5.1% | −2.6% | −1.3% | −0.5% | −0.7% |
| Free cash flow margin | 25.6% | 21.2% | 20.0% | 14.8% | −5.3% | −7.0% | −10.5% | −7.6% | −16.0% |
| Income quality (OCF / net income) | — | 14.73 | — | — | — | — | — | — | — |
| Financial health | |||||||||
| Total debt | $1.90B | $1.77B | $976.8M | $1.91B | $1.86B | $1.08B | $2.3M | $494,000 | $9.5M |
| Cash & short-term investments | $1.94B | $2.32B | $1.59B | $2.66B | $2.71B | $1.16B | $697.6M | $162.3M | $92.3M |
| Net debt | −$40.0M | −$547.2M | −$610.6M | −$748.0M | −$849.2M | −$88.9M | −$695.3M | −$161.8M | −$82.8M |
| Debt / equity | 0.54 | 0.45 | 0.24 | 0.47 | 0.46 | 0.43 | 0.00 | 0.00 | 0.11 |
| Debt / assets | 0.19 | 0.18 | 0.11 | 0.20 | 0.20 | 0.18 | 0.00 | 0.00 | 0.01 |
| Net debt / EBITDA | −0.32 | −3.95 | −6.36 | — | — | — | — | — | — |
| Current ratio | 1.51 | 1.58 | 1.55 | 1.78 | 1.84 | 1.55 | 1.42 | 1.12 | 1.09 |
| Quick ratio | 1.51 | 1.58 | 1.57 | 0.88 | 0.92 | 1.62 | 1.42 | 1.12 | 1.09 |
| Interest coverage | 0.7 | -4.3 | -9.1 | -19.5 | -33.6 | -4.0 | -149.3 | -11.9 | -18.3 |
| Working capital | $2.51B | $2.65B | $2.25B | $2.92B | $2.87B | $1.28B | $702.6M | $163.7M | $88.1M |
| Invested capital | $3.49B | $3.37B | $3.52B | $3.34B | $3.19B | $2.44B | $15.4M | $12.6M | $6.5M |
| Tangible asset value | $971.9M | $1.29B | $1.46B | $1.33B | $1.25B | $340.2M | $710.7M | −$102.7M | −$101.9M |
| Net current asset value | $747.6M | $1.09B | $1.27B | $1.12B | $1.07B | $166.5M | $686.2M | −$115.9M | −$112.5M |
| Graham number | — | $13.93 | — | — | — | — | — | — | — |
| Graham net-net per share | −$41.07 | −$31.68 | −$27.76 | −$7.99 | −$7.13 | −$26.91 | −$11.29 | −$20.20 | −$12.56 |
| Capital allocation | |||||||||
| Dividends paid | — | — | — | $60.0M | — | $37.1M | — | — | — |
| Share buybacks (net) | $560.5M | $430.0M | $211.9M | $87.6M | $0 | $0 | — | $0 | $0 |
| Dividends + buybacks / free cash flow | 132.7% | 138.9% | 82.2% | 94.3% | — | — | — | — | — |
| Capex / revenue | 0.2% | 2.8% | 1.6% | 2.9% | 2.4% | 8.9% | 7.7% | 4.0% | 3.2% |
| Capex / operating cash flow | 0.8% | 11.7% | 7.5% | 16.6% | — | 458.7% | — | — | — |
| Capex / depreciation | 0.03 | 0.46 | 0.20 | 0.33 | 0.18 | 1.93 | 2.84 | 1.36 | 0.88 |
| Stock-based compensation / revenue | 13.9% | 16.6% | 19.3% | 29.6% | 30.7% | 28.7% | 11.5% | 3.8% | 2.4% |
| R&D / revenue | 18.2% | 23.3% | 26.1% | 29.7% | 34.2% | 37.6% | 33.9% | 26.7% | 27.7% |
| SG&A / revenue | 55.4% | 56.5% | 58.6% | 75.3% | 85.4% | 82.3% | 63.0% | 54.7% | 54.5% |
| Efficiency | |||||||||
| Days sales outstanding | 174.4 | 180.0 | 171.5 | 132.3 | 126.7 | 134.9 | 23.2 | 24.5 | 30.1 |
| Days of inventory on hand | — | — | 2,559.9 | 6,114.1 | 3,760.0 | -477.6 | -30.5 | 0.0 | — |
| Days payables outstanding | 15.0 | 15.9 | 12.4 | 17.4 | 27.5 | 45.4 | 39.8 | 43.2 | 38.2 |
| Cash conversion cycle (days) | 159.4 | 164.1 | 2,718.9 | 6,229.0 | 3,859.2 | -388.2 | -47.2 | -18.8 | -8.1 |
| Receivables turnover | 2.09 | 2.03 | 2.13 | 2.76 | 2.88 | 2.71 | 15.76 | 14.90 | 12.13 |
| Payables turnover | 24.32 | 22.92 | 29.39 | 21.01 | 13.27 | 8.04 | 9.17 | 8.44 | 9.56 |
| Inventory turnover | — | — | — | 0.06 | 0.10 | — | — | 29,918,000.00 | — |
| Asset turnover | 0.16 | 0.15 | 0.14 | 0.11 | 0.08 | 0.06 | 0.08 | 0.08 | 0.06 |
| Average receivables | $789.9M | $721.4M | $606.1M | $383.7M | $222.9M | $88.1M | $10.0M | $7.3M | $5.3M |
| Average payables | $13.0M | $11.9M | $8.0M | $9.2M | $10.9M | $7.7M | $4.3M | $3.5M | $2.0M |
| Average inventory | — | — | $1.65B | $3.25B | $1.49B | −$80.9M | −$3.3M | $1 | — |
| Intangibles / total assets | 25.0% | 26.0% | 29.2% | 28.6% | 30.2% | 36.7% | 0.0% | 0.0% | 0.0% |
Computed from BILL's annual financial statements (latest annual report filed August 20, 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.
BILL valuation and financial ratios
Bill.com earned a return on equity of −0.3% and a return on invested capital of 0.4% in fiscal 2026. It ended the year with $1.9 billion of debt and $1.9 billion in cash and short-term investments, a net cash position of $40.0 million. It returned $560.5 million to shareholders: $0 in dividends and $560.5 million in share buybacks, 133% of free cash flow. The share count rose 21.3% from 82.4M to 99.9M over 8 years.
See the BILL income statement, the BILL chart for price history, or the BILL stock overview for the latest quote and news.
BILL key metrics FAQ
What is Bill.com's EV/EBITDA?
Bill.com's enterprise value was 28.4 times EBITDA at the end of fiscal 2026 (enterprise value $3.6 billion, EBITDA $125.9 million); the current EV/EBITDA is 30.7.
What is Bill.com's return on equity?
Bill.com's return on equity (ROE) was −0.3% in fiscal 2026: net income of -$11.2 million on average shareholders' equity of $3.7 billion.
What is Bill.com's ROIC?
Bill.com's return on invested capital was 0.4% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Bill.com have?
Bill.com had total debt of $1.9 billion at the end of fiscal 2026, a debt-to-equity ratio of 0.54 and more cash than debt.
Does Bill.com buy back its shares?
Yes. Bill.com spent $560.5 million on net share repurchases in fiscal 2026 Shares outstanding changed −3.8% over the year, to 99.9M..
What is Bill.com's free cash flow yield?
Bill.com generated $422.4 million of free cash flow in fiscal 2026, a free cash flow yield of 11.7% on its market value at year-end ($3.6 billion).
What is Bill.com's current ratio?
Bill.com's current ratio was 1.51 at the end of fiscal 2026: current assets were 1.51 times current liabilities.