Flagstar Financial, Inc. (FLG) Key Metrics
FLG valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $4.60B
- Enterprise value
- $11.35B
- P/E (TTM)
- 369.3 10-yr median 10.9
- Forward P/E
- 7.6
- PEG ratio
- 0.47
- Price / sales
- 2.3 10-yr median 2.7
- Price / book
- 0.7 10-yr median 0.8
- EV / EBITDA
- — 10-yr median 24.8
- Dividend yield
- 0.36% $0.04 a year
- Beta
- 1.05
FLG key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsFLG valuation Price multiples at each fiscal year-end price.
FLG returns How much profit the business earns on the capital it uses.
FLG per-share figures Results divided by the shares outstanding at year-end.
FLG financial health Debt, liquidity and how easily interest is covered.
FLG efficiency & capital use Working capital cycle and where the cash goes.
FLG valuation history
FLG returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
FLG debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
FLG cash returned to shareholders
FLG price vs earnings per share
FLG key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $5.23B | $3.09B | $7.30B | $4.17B | $5.67B | $4.89B | $5.60B | $4.59B | $6.34B | $7.72B |
| Enterprise value | $1.16B | −$8.32B | $15.30B | $25.17B | $19.40B | $14.76B | $15.22B | $12.93B | $14.46B | $20.73B |
| P/E ratio | — | — | — | 6.4 | 9.5 | 9.6 | 14.2 | 10.9 | 13.6 | 15.6 |
| Price / sales | 1.1 | 0.5 | 1.2 | 1.9 | 3.2 | 2.8 | 3.0 | 2.6 | 3.5 | 4.2 |
| Price / book | 0.6 | 0.4 | 0.9 | 0.5 | 0.8 | 0.7 | 0.8 | 0.7 | 0.9 | 1.3 |
| Price / free cash flow | — | 61.7 | 37.1 | 4.1 | 19.8 | 14.6 | 11.0 | 8.6 | 4.9 | 11.5 |
| Price / operating cash flow | — | 35.9 | 27.8 | 4.1 | 19.5 | 14.6 | 11.0 | 8.5 | 4.8 | 10.2 |
| EV / sales | 0.2 | -1.3 | 2.5 | 11.6 | 11.1 | 8.3 | 8.1 | 7.3 | 8.0 | 11.3 |
| EV / EBITDA | — | — | 133.0 | 29.6 | 23.5 | 24.1 | 27.7 | 21.9 | 20.6 | 25.5 |
| EV / free cash flow | — | — | 77.7 | 24.6 | 67.8 | 44.2 | 29.8 | 24.4 | 11.1 | 30.9 |
| Earnings yield | −3.4% | −36.2% | −1.1% | 15.6% | 10.5% | 10.5% | 7.1% | 9.2% | 7.4% | 6.4% |
| Free cash flow yield | −11.5% | 1.6% | 2.7% | 24.5% | 5.0% | 6.8% | 9.1% | 11.6% | 20.5% | 8.7% |
| Dividend yield | 0.9% | 2.9% | 7.1% | 8.4% | 6.2% | 7.1% | 6.3% | 8.0% | 5.6% | 4.3% |
| Shareholder yield (dividends + buybacks) | 0.9% | 3.2% | 7.3% | 9.0% | 6.4% | 8.3% | 7.6% | 11.5% | 5.9% | 4.4% |
| Share price at fiscal year-end | $12.59 | $9.33 | $30.69 | $25.80 | $36.63 | $31.65 | $36.06 | $28.23 | $39.06 | $47.73 |
| Per share | ||||||||||
| Revenue per share | $11.30 | $19.30 | $25.42 | $13.47 | $11.31 | $11.46 | $12.17 | $10.97 | $11.20 | $11.30 |
| Earnings per share | −$0.43 | −$3.38 | −$0.33 | $4.02 | $3.85 | $3.31 | $2.54 | $2.60 | $2.87 | $3.06 |
| Operating cash flow per share | −$1.29 | $0.26 | $1.11 | $6.34 | $1.87 | $2.16 | $3.29 | $3.33 | $8.17 | $4.67 |
| Free cash flow per share | −$1.45 | $0.15 | $0.83 | $6.33 | $1.85 | $2.16 | $3.29 | $3.27 | $8.00 | $4.15 |
| Cash per share | $39.14 | $78.11 | $86.68 | $65.91 | $44.11 | $41.98 | $33.65 | $36.08 | $29.54 | $4.09 |
| Book value per share | $19.61 | $24.70 | $35.17 | $54.57 | $45.54 | $44.31 | $43.24 | $40.97 | $41.85 | $37.87 |
| Tangible book value per share | $18.69 | $23.14 | $27.88 | $31.40 | $29.85 | $28.60 | $27.61 | $25.97 | $26.81 | $21.36 |
| Dividends per share | $0.12 | $0.27 | $2.18 | $2.16 | $2.26 | $2.26 | $2.25 | $2.25 | $2.20 | $2.05 |
| Capex per share | $0.16 | $0.11 | $0.28 | $0.02 | $0.03 | $0.00 | $0.00 | $0.06 | $0.17 | $0.52 |
| Debt per share | $29.34 | $43.62 | $120.30 | $195.76 | $132.92 | $105.88 | $95.63 | $87.47 | $79.54 | $84.55 |
| Shares outstanding | 415.3M | 330.7M | 237.9M | 161.7M | 154.7M | 154.4M | 155.2M | 162.4M | 162.4M | 161.7M |
| Change in shares outstanding | +25.6% | +39.0% | +47.1% | +4.5% | +0.2% | −0.5% | −4.4% | +0.0% | +0.4% | +8.1% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −2.2% | −13.5% | −0.9% | 8.2% | 8.6% | 7.5% | 5.9% | 6.3% | 7.2% | 8.2% |
| Return on invested capital (ROIC) | −37.5% | — | −0.2% | 2.6% | 3.2% | 3.1% | 2.5% | 2.8% | 2.7% | 2.5% |
| Return on assets (ROA) | −0.2% | −1.0% | −0.1% | 0.9% | 1.0% | 0.9% | 0.7% | 0.8% | 1.0% | 1.0% |
| Return on tangible assets | −0.2% | −1.1% | −0.1% | 0.8% | 1.0% | 0.9% | 0.8% | 0.9% | 1.0% | 1.1% |
| Free cash flow margin | −12.8% | 0.8% | 3.3% | 47.0% | 16.3% | 18.9% | 27.0% | 29.8% | 71.4% | 36.8% |
| Income quality (OCF / net income) | — | — | — | 1.58 | 0.49 | 0.65 | 1.29 | 1.28 | 2.85 | 1.53 |
| Financial health | ||||||||||
| Total debt | $12.18B | $14.43B | $28.62B | $31.66B | $20.56B | $16.35B | $14.84B | $14.21B | $12.91B | $13.67B |
| Cash & short-term investments | $16.25B | $25.83B | $20.62B | $10.66B | $6.82B | $6.48B | $5.22B | $5.86B | $4.80B | $662.1M |
| Net debt | −$4.07B | −$11.41B | $8.00B | $21.00B | $13.74B | $9.87B | $9.62B | $8.35B | $8.12B | $13.01B |
| Debt / equity | 1.50 | 1.77 | 3.42 | 3.59 | 2.92 | 2.39 | 2.21 | 2.13 | 1.90 | 2.23 |
| Debt / assets | 0.14 | 0.14 | 0.25 | 0.35 | 0.35 | 0.29 | 0.28 | 0.27 | 0.26 | 0.28 |
| Net debt / EBITDA | — | — | 69.54 | 24.73 | 16.61 | 16.12 | 17.49 | 14.15 | 11.58 | 16.02 |
| Current ratio | 0.54 | 0.35 | 0.27 | 0.18 | 0.22 | 0.25 | 0.20 | 0.21 | 0.18 | 0.05 |
| Quick ratio | 0.54 | 0.35 | 0.27 | 0.18 | 0.22 | 0.25 | 0.20 | 0.21 | 0.18 | 0.05 |
| Interest coverage | -0.1 | -0.4 | -0.0 | 1.2 | 2.0 | 1.0 | 0.6 | 0.8 | 1.5 | 2.0 |
| Working capital | −$14.04B | −$51.67B | −$65.07B | −$56.71B | −$31.01B | −$25.04B | −$25.96B | −$24.72B | −$24.09B | −$29.07B |
| Invested capital | $4.07B | −$3.24B | $16.36B | $29.82B | $20.78B | $16.71B | $16.33B | $15.00B | $14.91B | $19.14B |
| Tangible asset value | $7.76B | $7.65B | $6.63B | $5.08B | $4.62B | $4.42B | $4.29B | $4.22B | $4.35B | $3.45B |
| Net current asset value | −$63.11B | −$64.05B | −$81.88B | −$68.98B | −$43.86B | −$41.25B | −$40.43B | −$38.70B | −$36.87B | −$41.34B |
| Graham number | — | — | — | $70.25 | $62.83 | $57.43 | $49.76 | $48.96 | $52.00 | $51.09 |
| Graham net-net per share | −$151.42 | −$195.26 | −$347.56 | −$429.18 | −$286.48 | −$269.90 | −$262.54 | −$239.32 | −$228.11 | −$256.86 |
| Capital allocation | ||||||||||
| Dividends paid | $48.0M | $88.0M | $519.0M | $350.0M | $349.0M | $349.0M | $350.0M | $365.9M | $356.8M | $330.8M |
| Share buybacks (net) | $0 | $11.0M | $12.0M | $24.0M | $16.0M | $59.0M | $75.0M | $163.2M | $18.5M | $8.7M |
| Dividend payout ratio | — | — | — | 53.8% | 58.6% | 68.3% | 88.6% | 86.6% | 76.5% | 66.8% |
| Dividends + buybacks / free cash flow | — | 198.0% | 269.5% | 36.6% | 127.6% | 122.2% | 83.3% | 99.7% | 28.9% | 50.6% |
| Capex / revenue | 1.4% | 0.6% | 1.1% | 0.1% | 0.2% | 0.0% | 0.0% | 0.6% | 1.5% | 4.6% |
| Capex / operating cash flow | — | 41.9% | 25.1% | 0.3% | 1.4% | 0.0% | 0.0% | 1.8% | 2.1% | 11.1% |
| Capex / depreciation | 0.45 | 0.20 | 0.40 | 0.13 | 0.19 | 0.00 | 0.00 | 0.30 | 0.84 | 2.39 |
| Stock-based compensation / revenue | 1.3% | 0.8% | 0.8% | 1.3% | 1.8% | 1.6% | 1.7% | 2.0% | 2.0% | 1.8% |
| SG&A / revenue | 25.1% | 37.4% | 31.4% | 23.5% | 24.6% | 24.0% | 22.3% | 25.1% | 30.9% | 29.9% |
| Efficiency | ||||||||||
| Days sales outstanding | 93.9 | 151.7 | 146.9 | 291.2 | 368.2 | 310.2 | 188.9 | 137.9 | 147.1 | 148.2 |
| Days payables outstanding | 5.6 | 3.8 | — | — | 16.8 | 10.4 | — | — | — | — |
| Cash conversion cycle (days) | 88.3 | 147.9 | — | — | 351.5 | 299.9 | — | — | — | — |
| Receivables turnover | 3.89 | 2.41 | 2.48 | 1.25 | 0.99 | 1.18 | 1.93 | 2.65 | 2.48 | 2.46 |
| Payables turnover | 65.09 | 95.94 | — | — | 21.78 | 35.26 | — | — | — | — |
| Asset turnover | 0.05 | 0.06 | 0.06 | 0.03 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 |
| Average receivables | $1.21B | $2.65B | $2.43B | $1.74B | $1.77B | $1.50B | $977.6M | $672.9M | $732.8M | $741.4M |
| Average payables | $45.0M | $51.0M | — | — | $18.5M | $19.0M | — | — | — | — |
| Intangibles / total assets | 0.4% | 0.5% | 1.5% | 4.2% | 4.1% | 4.3% | 4.5% | 4.7% | 5.0% | 5.5% |
Computed from FLG's annual financial statements (latest annual report filed February 27, 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.
FLG valuation and financial ratios
Based on the latest twelve months, the trailing P/E is 369.3 and the forward P/E is 7.6. Flagstar Financial earned a return on equity of −2.2% and a return on invested capital of −37.5% in fiscal 2025. It ended the year with $12.2 billion of debt and $16.3 billion in cash and short-term investments, a net cash position of $4.1 billion. It returned $48.0 million to shareholders: $48.0 million in dividends and $0 in share buybacks. The share count rose 156.8% from 161.7M to 415.3M over 9 years.
See the FLG income statement, the FLG chart for price history, or the FLG stock overview for the latest quote and news.
FLG key metrics FAQ
What is Flagstar Financial's P/E ratio?
Flagstar Financial's trailing P/E ratio is 369.3 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 7.6. At the end of fiscal 2025 it was —, compared with a 10-year median of 10.9.
What is Flagstar Financial's return on equity?
Flagstar Financial's return on equity (ROE) was −2.2% in fiscal 2025: net income of -$177.0 million on average shareholders' equity of $8.2 billion.
What is Flagstar Financial's ROIC?
Flagstar Financial's return on invested capital was −37.5% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Flagstar Financial have?
Flagstar Financial had total debt of $12.2 billion at the end of fiscal 2025, a debt-to-equity ratio of 1.50 and more cash than debt.
What is Flagstar Financial's dividend yield?
Flagstar Financial's forward dividend yield is 0.36%. Flagstar Financial paid $48.0 million in dividends in fiscal 2025 ($0.12 per share), a payout ratio of —.
What is Flagstar Financial's free cash flow yield?
Flagstar Financial generated -$601.0 million of free cash flow in fiscal 2025, a free cash flow yield of −11.5% on its market value at year-end ($5.2 billion).
What is Flagstar Financial's current ratio?
Flagstar Financial's current ratio was 0.54 at the end of fiscal 2025: current assets were 0.54 times current liabilities.