NerdWallet, Inc. (NRDS) Key Metrics
NRDS valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $640.8M
- Enterprise value
- $432.1M
- P/E (TTM)
- 11.1
- Forward P/E
- 8.1
- PEG ratio
- —
- Price / sales
- 0.7 10-yr median 1.5
- Price / book
- 1.7 10-yr median 2.9
- EV / EBITDA
- 3.3 10-yr median 18.5
- Dividend yield
- —
- Beta
- 1.25
NRDS key metrics, 2019–2025
Fiscal year ended December 31, 2025 · U.S. dollarsNRDS valuation Price multiples at each fiscal year-end price.
NRDS returns How much profit the business earns on the capital it uses.
NRDS per-share figures Results divided by the shares outstanding at year-end.
NRDS financial health Debt, liquidity and how easily interest is covered.
NRDS efficiency & capital use Working capital cycle and where the cash goes.
NRDS valuation history
NRDS returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
NRDS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
NRDS cash returned to shareholders
NRDS price vs earnings per share
NRDS key metrics
2019–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Valuation | |||||||
| Market capitalization | $1.03B | $1.05B | $1.13B | $677.8M | $1.04B | — | — |
| Enterprise value | $930.1M | $989.8M | $1.04B | $604.6M | $888.2M | — | — |
| P/E ratio | 21.1 | 34.5 | — | — | — | — | — |
| Price / sales | 1.2 | 1.5 | 1.9 | 1.3 | 2.7 | — | — |
| Price / book | 2.7 | 2.9 | 3.1 | 2.0 | 4.0 | — | — |
| Price / free cash flow | 7.9 | 14.7 | 26.5 | — | — | — | — |
| Price / operating cash flow | 7.8 | 14.6 | 15.7 | 27.1 | 144.9 | — | — |
| EV / sales | 1.1 | 1.4 | 1.7 | 1.1 | 2.3 | — | — |
| EV / EBITDA | 8.0 | 18.3 | 18.7 | 31.0 | — | — | — |
| EV / free cash flow | 7.1 | 13.9 | 24.3 | — | — | — | — |
| Earnings yield | 4.7% | 2.9% | −1.0% | −1.5% | −4.1% | — | — |
| Free cash flow yield | 12.7% | 6.8% | 3.8% | −1.1% | −1.5% | — | — |
| Dividend yield | — | — | — | — | 0.9% | — | — |
| Shareholder yield (dividends + buybacks) | 6.8% | 7.6% | 1.8% | 0.1% | 2.4% | — | — |
| Share price at fiscal year-end | $13.55 | $13.30 | $14.72 | $9.60 | $15.55 | — | — |
| Per share | |||||||
| Revenue per share | $11.02 | $8.71 | $7.81 | $7.63 | $5.66 | $3.73 | $3.47 |
| Earnings per share | $0.64 | $0.39 | −$0.15 | −$0.14 | −$0.63 | $0.08 | $0.37 |
| Operating cash flow per share | $1.73 | $0.91 | $0.94 | $0.35 | $0.11 | $0.23 | $0.48 |
| Free cash flow per share | $1.72 | $0.90 | $0.56 | −$0.10 | −$0.24 | −$0.05 | $0.25 |
| Cash per share | $1.30 | $0.87 | $1.34 | $1.22 | $2.53 | $1.30 | $1.03 |
| Book value per share | $4.93 | $4.62 | $4.78 | $4.84 | $3.84 | $1.26 | $0.12 |
| Tangible book value per share | $3.02 | $2.77 | $2.72 | $2.36 | $2.78 | $0.05 | $0.12 |
| Dividends per share | — | — | — | — | $0.14 | $0.20 | — |
| Capex per share | $0.02 | $0.01 | $0.38 | $0.46 | $0.34 | $0.28 | $0.22 |
| Debt per share | — | $0.11 | $0.13 | $0.18 | $0.23 | $0.69 | $0.75 |
| Shares outstanding | 75.9M | 78.9M | 76.7M | 70.6M | 67.1M | 65.8M | 65.8M |
| Change in shares outstanding | −3.8% | +2.9% | +8.6% | +5.3% | +1.9% | 0.0% | — |
| Returns & profitability | |||||||
| Return on equity (ROE) | 13.2% | 8.3% | −3.3% | −3.4% | −25.0% | 11.7% | 302.5% |
| Return on invested capital (ROIC) | 17.1% | 3.2% | 0.7% | −8.1% | −42.4% | 11.8% | — |
| Return on assets (ROA) | 10.8% | 7.1% | −2.8% | −2.6% | −13.7% | 2.7% | 16.7% |
| Return on tangible assets | 15.4% | 10.4% | −4.5% | −4.1% | −14.5% | 3.0% | 16.8% |
| Free cash flow margin | 15.6% | 10.4% | 7.1% | −1.3% | −4.2% | −1.3% | 7.3% |
| Income quality (OCF / net income) | 2.70 | 2.36 | — | — | — | 2.91 | 1.30 |
| Financial health | |||||||
| Total debt | — | $8.9M | $9.6M | $12.7M | $15.1M | $45.1M | $49.4M |
| Cash & short-term investments | $98.3M | $68.5M | $102.5M | $85.9M | $169.8M | $85.4M | $67.6M |
| Net debt | −$98.3M | −$59.6M | −$92.9M | −$73.2M | −$154.7M | −$40.3M | −$18.2M |
| Debt / equity | — | 0.02 | 0.03 | 0.04 | 0.06 | 0.55 | 6.17 |
| Debt / assets | — | 0.02 | 0.02 | 0.03 | 0.04 | 0.18 | 0.34 |
| Net debt / EBITDA | −0.85 | −1.10 | −1.68 | −3.75 | — | −2.36 | −0.47 |
| Current ratio | 3.45 | 3.27 | 5.32 | 2.61 | 3.69 | 5.39 | 4.01 |
| Quick ratio | 3.45 | 3.27 | 5.32 | 2.61 | 3.69 | 5.17 | 3.91 |
| Interest coverage | 116.0 | 13.4 | 4.5 | -7.6 | -30.0 | 1.7 | 25.8 |
| Working capital | $173.8M | $136.6M | $161.1M | $116.8M | $177.0M | $105.4M | $81.0M |
| Invested capital | $276.2M | $304.6M | $274.0M | $268.5M | $102.9M | $42.4M | −$10.2M |
| Tangible asset value | $229.5M | $218.5M | $208.5M | $166.4M | $186.2M | $3.3M | $7.7M |
| Net current asset value | $158.1M | $123.3M | $146.7M | $105.2M | $136.3M | −$43.1M | −$28.7M |
| Graham number | $8.44 | $6.33 | — | — | — | $1.51 | $1.00 |
| Graham net-net per share | $1.25 | $0.97 | $1.45 | $1.01 | $1.62 | −$0.84 | −$0.60 |
| Capital allocation | |||||||
| Dividends paid | — | — | — | — | $9.6M | $13.0M | — |
| Share buybacks (net) | $70.2M | $80.1M | $20.0M | $600,000 | $15.0M | $1.2M | $2.3M |
| Dividend payout ratio | — | — | — | — | — | 245.3% | — |
| Dividends + buybacks / free cash flow | 53.9% | 112.5% | 46.9% | — | — | — | 13.9% |
| Capex / revenue | 0.2% | 0.1% | 4.9% | 6.0% | 6.1% | 7.6% | 6.5% |
| Capex / operating cash flow | 1.0% | 0.8% | 40.9% | 128.8% | 319.4% | 121.4% | 47.1% |
| Capex / depreciation | 0.03 | 0.01 | 0.61 | 0.87 | 0.85 | 1.24 | 1.57 |
| Stock-based compensation / revenue | 3.4% | 5.5% | 6.5% | 6.4% | 4.7% | 2.6% | 2.2% |
| R&D / revenue | 8.0% | 12.0% | 13.4% | 14.4% | 16.4% | 20.8% | 20.1% |
| SG&A / revenue | 76.6% | 77.4% | 77.0% | 80.5% | 81.6% | 70.1% | 60.4% |
| Efficiency | |||||||
| Days sales outstanding | 48.0 | 50.4 | 52.9 | 51.9 | 47.7 | 56.5 | 59.6 |
| Days of inventory on hand | — | — | — | 0.0 | 33.3 | 68.5 | 63.5 |
| Days payables outstanding | 41.0 | 30.5 | 17.9 | 31.2 | 55.1 | 61.7 | 40.8 |
| Cash conversion cycle (days) | 7.0 | 20.0 | 35.0 | 20.8 | 26.0 | 63.4 | 82.3 |
| Receivables turnover | 7.61 | 7.24 | 6.90 | 7.03 | 7.65 | 6.46 | 6.12 |
| Payables turnover | 8.91 | 11.98 | 20.38 | 11.71 | 6.63 | 5.92 | 8.94 |
| Inventory turnover | — | — | — | 39,800,000.00 | 10.96 | 5.33 | 5.75 |
| Asset turnover | 1.86 | 1.61 | 1.42 | 1.36 | 1.23 | 1.23 | 1.58 |
| Average receivables | $110.0M | $95.0M | $86.9M | $76.7M | $49.6M | $38.0M | $37.3M |
| Average payables | $7.2M | $5.3M | $2.6M | $3.4M | $4.3M | $3.6M | $1.8M |
| Average inventory | — | — | — | $1 | $2.6M | $4.0M | $2.8M |
| Intangibles / total assets | 31.4% | 33.3% | 37.8% | 41.2% | 19.6% | 31.1% | 0.2% |
Computed from NRDS's annual financial statements (latest annual report filed February 25, 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.
NRDS valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), NerdWallet traded at 21.1 times earnings. Based on the latest twelve months, the trailing P/E is 11.1 and the forward P/E is 8.1. NerdWallet earned a return on equity of 13.2% and a return on invested capital of 17.1% in fiscal 2025. It returned $70.2 million to shareholders: $0 in dividends and $70.2 million in share buybacks, 54% of free cash flow. The share count rose 15.3% from 65.8M to 75.9M over 6 years.
See the NRDS income statement, the NRDS chart for price history, or the NRDS stock overview for the latest quote and news.
NRDS key metrics FAQ
What is NerdWallet's P/E ratio?
NerdWallet's trailing P/E ratio is 11.1 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 8.1. At the end of fiscal 2025 it was 21.1.
What is NerdWallet's EV/EBITDA?
NerdWallet's enterprise value was 8.0 times EBITDA at the end of fiscal 2025 (enterprise value $930.1 million, EBITDA $116.0 million); the current EV/EBITDA is 3.3.
What is NerdWallet's return on equity?
NerdWallet's return on equity (ROE) was 13.2% in fiscal 2025: net income of $48.7 million on average shareholders' equity of $369.4 million.
What is NerdWallet's ROIC?
NerdWallet's return on invested capital was 17.1% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
Does NerdWallet buy back its shares?
Yes. NerdWallet spent $70.2 million on net share repurchases in fiscal 2025 Shares outstanding changed −3.8% over the year, to 75.9M..
What is NerdWallet's free cash flow yield?
NerdWallet generated $130.3 million of free cash flow in fiscal 2025, a free cash flow yield of 12.7% on its market value at year-end ($1.0 billion).
What is NerdWallet's current ratio?
NerdWallet's current ratio was 3.45 at the end of fiscal 2025: current assets were 3.45 times current liabilities.