Figure Technology Solutions, Inc. (FIGR) Key Metrics
FIGR valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $6.09B
- Enterprise value
- $7.81B
- P/E (TTM)
- 31.5
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 9.8
- Price / book
- 5.5
- EV / EBITDA
- 27.9
- Dividend yield
- —
- Beta
- —
FIGR key metrics, 2023–2025
Fiscal year ended December 31, 2025 · U.S. dollarsFIGR returns How much profit the business earns on the capital it uses.
FIGR per-share figures Results divided by the shares outstanding at year-end.
FIGR financial health Debt, liquidity and how easily interest is covered.
FIGR efficiency & capital use Working capital cycle and where the cash goes.
FIGR valuation history
FIGR returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
FIGR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
FIGR cash returned to shareholders
FIGR price vs earnings per share
FIGR key metrics
2023–2025| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Valuation | |||
| Market capitalization | $11.58B | — | — |
| Enterprise value | $11.17B | — | — |
| P/E ratio | 86.5 | — | — |
| Price / sales | 25.3 | — | — |
| Price / book | 9.4 | — | — |
| Price / free cash flow | 276.3 | — | — |
| Price / operating cash flow | 185.1 | — | — |
| EV / sales | 24.4 | — | — |
| EV / EBITDA | 62.4 | — | — |
| EV / free cash flow | 266.4 | — | — |
| Earnings yield | 1.2% | — | — |
| Free cash flow yield | 0.4% | — | — |
| Dividend yield | 0.0% | — | — |
| Shareholder yield (dividends + buybacks) | 0.0% | — | — |
| Share price at fiscal year-end | $40.84 | — | — |
| Per share | |||
| Revenue per share | $1.61 | $1.35 | $0.81 |
| Earnings per share | $0.47 | $0.08 | −$0.23 |
| Operating cash flow per share | $0.22 | −$0.66 | −$0.14 |
| Free cash flow per share | $0.15 | −$0.74 | −$0.22 |
| Cash per share | $4.81 | $1.76 | $0.59 |
| Book value per share | $4.33 | $1.71 | $1.05 |
| Tangible book value per share | $4.33 | $1.71 | $1.05 |
| Dividends per share | $0.00 | $0.01 | $0.00 |
| Capex per share | $0.07 | $0.08 | $0.08 |
| Debt per share | $3.34 | $3.32 | $2.00 |
| Shares outstanding | 283.6M | 207.1M | 207.1M |
| Change in shares outstanding | +36.9% | 0.0% | — |
| Returns & profitability | |||
| Return on equity (ROE) | 16.9% | 6.0% | −22.1% |
| Return on invested capital (ROIC) | 22.3% | 1.4% | −7.7% |
| Return on assets (ROA) | 7.7% | 1.9% | −7.3% |
| Return on tangible assets | 5.8% | 1.5% | −7.3% |
| Free cash flow margin | 9.2% | −54.7% | −27.6% |
| Income quality (OCF / net income) | 0.47 | −7.90 | — |
| Financial health | |||
| Total debt | $946.7M | $688.6M | $415.0M |
| Cash & short-term investments | $1.36B | $365.1M | $122.4M |
| Net debt | −$417.1M | $323.5M | $292.6M |
| Debt / equity | 0.77 | 1.94 | 1.91 |
| Debt / assets | 0.41 | 0.59 | 0.63 |
| Net debt / EBITDA | −2.33 | 3.38 | 18.01 |
| Current ratio | 2.20 | 1.37 | 1.13 |
| Quick ratio | 2.20 | 1.37 | 1.13 |
| Interest coverage | 3.4 | 0.2 | -1.0 |
| Working capital | $1.02B | $229.2M | $51.4M |
| Invested capital | $811.7M | $678.6M | $509.6M |
| Tangible asset value | $1.24B | $363.4M | $222.4M |
| Net current asset value | $780.9M | $58.5M | $20.6M |
| Graham number | $6.78 | $1.79 | — |
| Graham net-net per share | $1.14 | −$0.57 | −$0.53 |
| Capital allocation | |||
| Dividends paid | $0 | $2.8M | $345,000 |
| Share buybacks (net) | $0 | $1.0M | $0 |
| Dividend payout ratio | 0.0% | 16.3% | — |
| Dividends + buybacks / free cash flow | 0.0% | — | — |
| Capex / revenue | 4.5% | 6.0% | 10.3% |
| Capex / operating cash flow | 33.0% | — | — |
| Capex / depreciation | 1.27 | 0.97 | 0.89 |
| Stock-based compensation / revenue | 13.6% | 13.9% | 8.1% |
| R&D / revenue | 14.2% | 22.4% | 29.5% |
| SG&A / revenue | 28.9% | 39.5% | 42.7% |
| Efficiency | |||
| Days sales outstanding | 187.2 | 450.7 | 596.7 |
| Days payables outstanding | 124.8 | 485.3 | 392.6 |
| Cash conversion cycle (days) | 62.4 | -34.7 | 204.0 |
| Receivables turnover | 1.95 | 0.81 | 0.61 |
| Payables turnover | 2.92 | 0.75 | 0.93 |
| Asset turnover | 0.26 | 0.31 | 0.25 |
| Average receivables | $234.5M | $344.9M | $272.8M |
| Average payables | $33.4M | $28.7M | $20.1M |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% |
Computed from FIGR's annual financial statements (latest annual report filed March 16, 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.
FIGR valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Figure Technology Solutions traded at 86.5 times earnings. Based on the latest twelve months, the trailing P/E is 31.5. Figure Technology Solutions earned a return on equity of 16.9% and a return on invested capital of 22.3% in fiscal 2025. It ended the year with $946.7 million of debt and $1.4 billion in cash and short-term investments, a net cash position of $417.1 million.
See the FIGR income statement, the FIGR chart for price history, or the FIGR stock overview for the latest quote and news.
FIGR key metrics FAQ
What is Figure Technology Solutions's P/E ratio?
Figure Technology Solutions's trailing P/E ratio is 31.5 based on the last twelve months of earnings (as of October 18, 2026). At the end of fiscal 2025 it was 86.5.
What is Figure Technology Solutions's EV/EBITDA?
Figure Technology Solutions's enterprise value was 62.4 times EBITDA at the end of fiscal 2025 (enterprise value $11.2 billion, EBITDA $178.8 million); the current EV/EBITDA is 27.9.
What is Figure Technology Solutions's return on equity?
Figure Technology Solutions's return on equity (ROE) was 16.9% in fiscal 2025: net income of $133.9 million on average shareholders' equity of $792.0 million.
What is Figure Technology Solutions's ROIC?
Figure Technology Solutions's return on invested capital was 22.3% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Figure Technology Solutions have?
Figure Technology Solutions had total debt of $946.7 million at the end of fiscal 2025, a debt-to-equity ratio of 0.77 and more cash than debt.
Does Figure Technology Solutions pay a dividend?
Figure Technology Solutions did not pay a dividend in fiscal 2025.
What is Figure Technology Solutions's free cash flow yield?
Figure Technology Solutions generated $41.9 million of free cash flow in fiscal 2025, a free cash flow yield of 0.4% on its market value at year-end ($11.6 billion).
What is Figure Technology Solutions's current ratio?
Figure Technology Solutions's current ratio was 2.20 at the end of fiscal 2025: current assets were 2.20 times current liabilities.