Nu Holdings Ltd. (NU) Key Metrics
NU valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $70.33B
- Enterprise value
- $61.06B
- P/E (TTM)
- 19.9 10-yr median 28.6
- Forward P/E
- 14.8
- PEG ratio
- 0.63
- Price / sales
- 8.3 10-yr median 5.2
- Price / book
- 5.0 10-yr median 6.6
- EV / EBITDA
- — 10-yr median 12.2
- Dividend yield
- —
- Beta
- 0.95
NU key metrics, 2018–2025
Fiscal year ended December 31, 2025 · U.S. dollarsNU valuation Price multiples at each fiscal year-end price.
NU returns How much profit the business earns on the capital it uses.
NU per-share figures Results divided by the shares outstanding at year-end.
NU financial health Debt, liquidity and how easily interest is covered.
NU efficiency & capital use Working capital cycle and where the cash goes.
NU valuation history
NU returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
NU debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
NU cash returned to shareholders
NU price vs earnings per share
NU key metrics
2018–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||
| Market capitalization | $82.15B | $50.65B | $40.46B | $19.04B | $43.23B | — | — | — |
| Enterprise value | $71.22B | $28.39B | $19.61B | $3.00B | $40.87B | — | — | — |
| P/E ratio | 28.6 | 25.7 | 39.3 | — | — | — | — | — |
| Price / sales | 5.2 | 4.6 | 5.3 | 4.0 | 25.5 | — | — | — |
| Price / book | 7.3 | 6.6 | 6.3 | 3.9 | 9.7 | — | — | — |
| Price / free cash flow | 23.5 | 22.8 | 37.2 | 29.7 | — | — | — | — |
| Price / operating cash flow | 23.5 | 21.1 | 32.0 | 25.2 | — | — | — | — |
| EV / sales | 4.5 | 2.6 | 2.6 | 0.6 | 24.1 | — | — | — |
| EV / EBITDA | 17.9 | 9.9 | 12.2 | 2.4 | 190.2 | — | — | — |
| EV / free cash flow | 20.4 | 12.8 | 18.0 | 4.7 | — | — | — | — |
| Earnings yield | 3.5% | 3.9% | 2.5% | −1.9% | −0.4% | — | — | — |
| Free cash flow yield | 4.3% | 4.4% | 2.7% | 3.4% | −6.8% | — | — | — |
| Dividend yield | — | — | — | — | 2.1% | — | — | — |
| Shareholder yield (dividends + buybacks) | 0.0% | 0.0% | 0.0% | 0.0% | 2.2% | — | — | — |
| Share price at fiscal year-end | $16.74 | $10.36 | $8.33 | $4.07 | $9.38 | — | — | — |
| Per share | ||||||||
| Revenue per share | $3.24 | $2.27 | $1.58 | $1.02 | $0.37 | — | — | $0.05 |
| Earnings per share | $0.58 | $0.40 | $0.21 | −$0.08 | −$0.04 | — | — | −$0.01 |
| Operating cash flow per share | $0.71 | $0.49 | $0.26 | $0.16 | −$0.63 | — | — | −$0.00 |
| Free cash flow per share | $0.71 | $0.45 | $0.22 | $0.14 | −$0.64 | — | — | −$0.00 |
| Cash per share | $3.29 | $4.74 | $4.53 | $3.60 | $0.55 | — | — | $0.10 |
| Book value per share | $2.30 | $1.56 | $1.32 | $1.05 | $0.96 | — | — | $0.06 |
| Tangible book value per share | $2.09 | $1.41 | $1.18 | $0.92 | $0.86 | — | — | $0.06 |
| Dividends per share | — | — | — | — | $0.20 | — | — | — |
| Capex per share | $0.00 | $0.04 | $0.04 | $0.02 | $0.01 | — | — | $0.00 |
| Debt per share | $1.06 | $0.18 | $0.24 | $0.17 | $0.04 | — | — | $0.16 |
| Shares outstanding | 4.91B | 4.89B | 4.86B | 4.68B | 4.61B | — | — | 4.61B |
| Change in shares outstanding | +0.4% | +0.6% | +3.9% | +1.5% | — | — | — | — |
| Returns & profitability | ||||||||
| Return on equity (ROE) | 30.3% | 28.1% | 18.2% | −7.8% | −6.8% | −32.7% | −20.4% | −9.6% |
| Return on invested capital (ROIC) | — | — | — | — | −38.4% | — | — | −4.6% |
| Return on assets (ROA) | 4.6% | 4.2% | 2.8% | −1.5% | −1.1% | −2.0% | −1.9% | −1.0% |
| Return on tangible assets | 3.9% | 4.0% | 2.4% | −1.2% | −0.9% | −1.7% | −1.4% | −1.0% |
| Free cash flow margin | 22.0% | 20.0% | 14.2% | 13.4% | −173.9% | 131.1% | 57.9% | −4.7% |
| Income quality (OCF / net income) | 1.22 | 1.22 | 1.23 | — | — | — | — | — |
| Financial health | ||||||||
| Total debt | $5.21B | $886.5M | $1.17B | $803.2M | $172.5M | $654.2M | $423.5M | $744.1M |
| Cash & short-term investments | $16.14B | $23.15B | $22.02B | $16.84B | $2.53B | $2.48B | $1.41B | $464.5M |
| Net debt | −$10.93B | −$22.26B | −$20.86B | −$16.03B | −$2.36B | −$1.82B | −$985.8M | $279.6M |
| Debt / equity | 0.46 | 0.12 | 0.18 | 0.16 | 0.04 | 1.49 | 0.69 | 2.51 |
| Debt / assets | 0.07 | 0.02 | 0.03 | 0.03 | 0.01 | 0.06 | 0.06 | 0.27 |
| Net debt / EBITDA | −2.75 | −7.75 | −13.02 | −12.58 | −10.97 | −62.19 | — | — |
| Current ratio | 0.59 | 0.96 | 1.08 | 1.12 | 1.51 | 1.62 | 1.41 | 1.25 |
| Quick ratio | 0.59 | 0.96 | 1.09 | 0.85 | −1.11 | −0.54 | −0.05 | 0.05 |
| Interest coverage | 0.8 | 1.0 | 0.8 | -0.2 | -0.5 | -0.4 | -1.2 | -0.7 |
| Working capital | −$24.38B | −$1.71B | $2.79B | $2.72B | $2.50B | $2.06B | $1.22B | $412.5M |
| Invested capital | $357.9M | −$14.62B | −$14.45B | −$11.14B | $2.09B | −$1.39B | −$373.6M | $576.3M |
| Tangible asset value | $10.31B | $6.89B | $5.71B | $4.31B | $3.97B | $424.9M | $611.1M | $296.2M |
| Net current asset value | −$28.14B | −$5.09B | −$205.4M | $879.0M | −$8.04B | −$4.33B | −$1.95B | −$400.7M |
| Graham number | $5.50 | $3.77 | $2.51 | — | — | — | — | — |
| Graham net-net per share | −$6.72 | −$1.78 | −$0.85 | $0.34 | −$0.62 | — | — | $0.04 |
| Capital allocation | ||||||||
| Dividends paid | — | — | — | — | $928.6M | $6.8M | — | — |
| Share buybacks (net) | $0 | $0 | $0 | $0 | $4.6M | $15,000 | $3.8M | $695,000 |
| Dividends + buybacks / free cash flow | 0.0% | 0.0% | 0.0% | 0.0% | — | 0.7% | 1.4% | — |
| Capex / revenue | 0.0% | 1.6% | 2.3% | 2.4% | 1.7% | 1.1% | 1.0% | 2.5% |
| Capex / operating cash flow | 0.2% | 7.3% | 14.0% | 15.1% | — | 0.8% | 1.7% | — |
| Capex / depreciation | 0.07 | 2.27 | 2.81 | 3.21 | 1.64 | 1.08 | 0.92 | 5.96 |
| Stock-based compensation / revenue | 1.7% | 2.5% | 2.8% | 5.3% | 9.3% | 4.8% | 3.9% | 3.7% |
| SG&A / revenue | 3.8% | 13.0% | 14.8% | 29.8% | 38.9% | 49.7% | 42.2% | 32.5% |
| Efficiency | ||||||||
| Days sales outstanding | 381.1 | 467.1 | 560.0 | 527.6 | 834.2 | 1,410.1 | 1,715.4 | 2,339.1 |
| Days of inventory on hand | — | — | 246.2 | 1,999.7 | 7,528.8 | 8,746.7 | 4,066.2 | 4,456.7 |
| Days payables outstanding | 478.6 | 580.2 | 709.8 | 1,263.4 | 3,094.0 | 4,781.8 | 2,980.4 | 3,728.8 |
| Cash conversion cycle (days) | -97.5 | -113.1 | 96.4 | 1,263.8 | 5,269.0 | 5,375.0 | 2,801.1 | 3,067.1 |
| Receivables turnover | 0.96 | 0.78 | 0.65 | 0.69 | 0.44 | 0.26 | 0.21 | 0.16 |
| Payables turnover | 0.76 | 0.63 | 0.51 | 0.29 | 0.12 | 0.08 | 0.12 | 0.10 |
| Inventory turnover | — | — | — | 0.18 | 0.05 | 0.04 | 0.09 | 0.08 |
| Asset turnover | 0.25 | 0.24 | 0.21 | 0.19 | 0.11 | 0.09 | 0.10 | 0.09 |
| Average receivables | $16.58B | $14.21B | $11.77B | $6.93B | $3.88B | $2.85B | $2.21B | $1.62B |
| Average payables | $11.48B | $9.54B | $8.41B | $5.97B | $4.11B | $3.15B | $2.33B | $1.68B |
| Average inventory | — | — | $2.92B | $9.45B | $9.99B | $5.77B | $3.17B | $2.00B |
| Intangibles / total assets | 1.3% | 1.5% | 1.6% | 1.9% | 2.4% | 0.1% | 0.0% | 0.0% |
Computed from NU's annual financial statements (latest annual report filed April 8, 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.
NU valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Nu traded at 28.6 times earnings, against a 8-year median of 28.6. Based on the latest twelve months, the trailing P/E is 19.9 and the forward P/E is 14.8. Nu earned a return on equity of 30.3% in fiscal 2025. It ended the year with $5.2 billion of debt and $16.1 billion in cash and short-term investments, a net cash position of $10.9 billion. The share count rose 6.5% from 4.61B to 4.91B over 7 years.
See the NU income statement, the NU chart for price history, or the NU stock overview for the latest quote and news.
NU key metrics FAQ
What is Nu's P/E ratio?
Nu's trailing P/E ratio is 19.9 based on the last twelve months of earnings (as of October 17, 2026), and its forward P/E is 14.8. At the end of fiscal 2025 it was 28.6, compared with a 8-year median of 28.6.
What is Nu's EV/EBITDA?
Nu's enterprise value was 17.9 times EBITDA at the end of fiscal 2025 (enterprise value $71.2 billion, EBITDA $4.0 billion).
What is Nu's return on equity?
Nu's return on equity (ROE) was 30.3% in fiscal 2025: net income of $2.9 billion on average shareholders' equity of $9.5 billion.
How much debt does Nu have?
Nu had total debt of $5.2 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.46 and more cash than debt.
What is Nu's free cash flow yield?
Nu generated $3.5 billion of free cash flow in fiscal 2025, a free cash flow yield of 4.3% on its market value at year-end ($82.1 billion).
What is Nu's current ratio?
Nu's current ratio was 0.59 at the end of fiscal 2025: current assets were 0.59 times current liabilities.