Remitly Global, Inc. (RELY) Key Metrics
RELY valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $5.11B
- Enterprise value
- $3.64B
- P/E (TTM)
- 17.5
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 2.8 10-yr median 2.9
- Price / book
- 3.8 10-yr median 4.0
- EV / EBITDA
- 16.5
- Dividend yield
- —
- Beta
- 0.39
RELY key metrics, 2015–2025
Fiscal year ended December 31, 2025 · U.S. dollarsRELY valuation Price multiples at each fiscal year-end price.
RELY returns How much profit the business earns on the capital it uses.
RELY per-share figures Results divided by the shares outstanding at year-end.
RELY financial health Debt, liquidity and how easily interest is covered.
RELY efficiency & capital use Working capital cycle and where the cash goes.
RELY valuation history
RELY returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
RELY debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
RELY cash returned to shareholders
RELY price vs earnings per share
RELY key metrics
2015–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $3.00B | $4.39B | $3.51B | $1.92B | $1.25B | — | — | — | — | — |
| Enterprise value | $2.39B | $4.04B | $3.33B | $1.63B | $855.1M | — | — | — | — | — |
| P/E ratio | 44.2 | — | — | — | — | — | — | — | — | — |
| Price / sales | 1.8 | 3.5 | 3.7 | 2.9 | 2.7 | — | — | — | — | — |
| Price / book | 3.5 | 6.6 | 6.6 | 4.0 | 2.6 | — | — | — | — | — |
| Price / free cash flow | 10.2 | 24.9 | — | — | — | — | — | — | — | — |
| Price / operating cash flow | 9.2 | 22.6 | — | — | — | — | — | — | — | — |
| EV / sales | 1.5 | 3.2 | 3.5 | 2.5 | 1.9 | — | — | — | — | — |
| EV / EBITDA | 19.0 | — | — | — | — | — | — | — | — | — |
| EV / free cash flow | 8.1 | 22.9 | — | — | — | — | — | — | — | — |
| Earnings yield | 2.3% | −0.8% | −3.4% | −5.9% | −3.1% | — | — | — | — | — |
| Free cash flow yield | 9.8% | 4.0% | −1.8% | −5.8% | −1.8% | — | — | — | — | — |
| Dividend yield | — | — | — | 0.0% | — | — | — | — | — | — |
| Shareholder yield (dividends + buybacks) | 1.7% | 0.0% | 0.2% | 0.0% | 0.0% | — | — | — | — | — |
| Share price at fiscal year-end | $13.80 | $22.57 | $19.42 | $11.45 | $20.62 | — | — | — | — | — |
| Per share | ||||||||||
| Revenue per share | $7.52 | $6.49 | $5.22 | $3.90 | $7.55 | $1.69 | — | — | — | — |
| Earnings per share | $0.31 | −$0.19 | −$0.65 | −$0.68 | −$0.64 | −$0.21 | — | — | — | — |
| Operating cash flow per share | $1.49 | $1.00 | −$0.30 | −$0.65 | −$0.30 | −$0.75 | — | — | — | — |
| Free cash flow per share | $1.36 | $0.91 | −$0.35 | −$0.67 | −$0.38 | −$0.78 | — | — | — | — |
| Cash per share | $3.81 | $1.89 | $1.79 | $1.79 | $6.64 | $1.23 | — | — | — | — |
| Book value per share | $3.99 | $3.42 | $2.93 | $2.86 | $7.91 | $1.16 | — | — | — | — |
| Tangible book value per share | $3.73 | $3.08 | $2.53 | $2.86 | $7.91 | $1.16 | — | — | — | — |
| Dividends per share | — | — | — | $0.00 | — | — | — | — | — | — |
| Capex per share | $0.14 | $0.09 | $0.05 | $0.02 | $0.07 | $0.03 | — | — | — | — |
| Debt per share | $1.01 | $0.08 | $0.79 | $0.05 | $0.10 | $0.57 | — | — | — | — |
| Shares outstanding | 217.6M | 194.6M | 180.8M | 167.8M | 60.7M | 152.0M | — | — | — | — |
| Change in shares outstanding | +11.8% | +7.6% | +7.8% | +176.3% | −60.1% | — | — | — | — | — |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 8.9% | −6.2% | −23.3% | −23.7% | −11.8% | −22.3% | −293.9% | — | −117.9% | −27.9% |
| Return on invested capital (ROIC) | 27.0% | −9.3% | −33.6% | −70.3% | −39.3% | −72.7% | — | — | −13.9% | 6.1% |
| Return on assets (ROA) | 5.5% | −3.6% | −13.6% | −17.3% | −7.8% | −10.4% | −12.0% | −19.5% | −15.3% | −7.7% |
| Return on tangible assets | 4.8% | −3.9% | −12.2% | −16.4% | −6.2% | −9.0% | −19.3% | −20.7% | −17.5% | −5.5% |
| Free cash flow margin | 18.1% | 14.0% | −6.6% | −17.2% | −5.0% | −46.1% | 1.0% | −2.7% | −1.7% | 5.8% |
| Income quality (OCF / net income) | 4.79 | — | — | — | — | — | — | — | — | — |
| Financial health | ||||||||||
| Total debt | $220.3M | $16.3M | $143.0M | $9.2M | $6.1M | $87.0M | $53.0M | $8.0M | $356.5M | $314.4M |
| Cash & short-term investments | $828.9M | $368.1M | $323.7M | $300.6M | $403.3M | $186.7M | $182.4M | $31.9M | $27.8M | $35.7M |
| Net debt | −$608.6M | −$351.8M | −$180.7M | −$291.4M | −$397.1M | −$99.7M | −$129.3M | −$23.9M | $328.7M | $278.7M |
| Debt / equity | 0.25 | 0.02 | 0.27 | 0.02 | 0.01 | 0.49 | 0.46 | — | 10.67 | 2.22 |
| Debt / assets | 0.15 | 0.02 | 0.14 | 0.01 | 0.01 | 0.24 | 0.20 | 0.01 | 0.55 | 0.45 |
| Net debt / EBITDA | −4.83 | — | — | — | — | — | — | — | — | 4.40 |
| Current ratio | 3.30 | 2.73 | 2.54 | 3.20 | 4.29 | 1.90 | 1.72 | 1.32 | 1.74 | 1.75 |
| Quick ratio | 3.30 | 2.73 | 2.01 | 2.45 | 3.45 | 1.34 | 1.50 | 0.85 | 1.02 | 1.10 |
| Interest coverage | 10.7 | -12.1 | -48.6 | -93.0 | -31.6 | -24.5 | -31.5 | -646.5 | -2.0 | 0.5 |
| Working capital | $916.9M | $568.5M | $565.3M | $460.3M | $465.9M | $163.6M | $104.0M | $73.1M | $122.3M | $116.7M |
| Invested capital | $260.2M | $313.7M | $348.6M | $188.6M | $83.2M | $76.7M | −$13.3M | −$105.0M | $362.1M | $420.3M |
| Tangible asset value | $811.7M | $600.1M | $457.8M | $480.1M | $480.3M | $176.4M | $116.1M | −$90.9M | −$21.3M | $22.2M |
| Net current asset value | $726.0M | $550.1M | $425.1M | $453.6M | $462.2M | $158.7M | $98.5M | −$368.1M | −$325.3M | −$287.5M |
| Graham number | $5.30 | — | — | — | — | — | — | — | — | — |
| Graham net-net per share | $2.09 | $0.93 | $1.17 | $1.83 | $6.06 | $0.58 | — | — | — | — |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | $99,000 | — | — | $130.8M | $600,000 | — | — |
| Share buybacks (net) | $50.8M | $0 | $6.7M | $99,000 | $0 | $0 | $20.0M | $24.9M | $27.2M | $35.7M |
| Dividends + buybacks / free cash flow | 17.2% | 0.0% | — | — | — | — | — | — | — | 53.7% |
| Capex / revenue | 1.8% | 1.4% | 1.0% | 0.6% | 1.0% | 1.7% | 5.7% | 1.8% | 2.5% | 2.3% |
| Capex / operating cash flow | 9.1% | 9.1% | — | — | — | — | 85.5% | — | 331.2% | 28.1% |
| Capex / depreciation | 0.63 | 0.98 | 0.69 | 0.55 | 0.86 | 1.08 | 2.71 | 0.45 | 0.56 | 0.57 |
| Stock-based compensation / revenue | 9.5% | 12.0% | 14.5% | 14.6% | 3.7% | 2.0% | 2.9% | 0.2% | 0.3% | 0.1% |
| R&D / revenue | 19.2% | 21.3% | 23.3% | 21.2% | 14.0% | 15.9% | 25.3% | — | — | — |
| SG&A / revenue | 13.8% | 39.5% | 43.8% | 46.2% | 41.8% | 41.0% | 54.7% | 3.9% | 4.9% | 4.9% |
| Efficiency | ||||||||||
| Days sales outstanding | 55.7 | 88.2 | 113.9 | 72.2 | 46.9 | 57.0 | 219.2 | 28.6 | 24.2 | 13.0 |
| Days of inventory on hand | — | — | 156.3 | 155.0 | 170.2 | 179.2 | 346.4 | 32.0 | 33.8 | 19.2 |
| Days payables outstanding | 11.6 | 18.1 | 18.6 | 4.5 | 4.2 | 6.0 | 240.5 | 30.1 | 33.4 | 18.3 |
| Cash conversion cycle (days) | 44.1 | 70.1 | 251.6 | 222.8 | 213.0 | 230.2 | 325.1 | 30.5 | 24.6 | 13.9 |
| Receivables turnover | 6.55 | 4.14 | 3.21 | 5.05 | 7.78 | 6.40 | 1.67 | 12.77 | 15.09 | 28.04 |
| Payables turnover | 31.42 | 20.13 | 19.67 | 81.69 | 86.77 | 60.94 | 1.52 | 12.13 | 10.92 | 19.99 |
| Inventory turnover | — | — | 2.33 | 2.35 | 2.14 | 2.04 | 1.05 | 11.42 | 10.78 | 19.03 |
| Asset turnover | 1.32 | 1.23 | 1.09 | 0.99 | 0.93 | 0.82 | 0.29 | 2.18 | 1.86 | 2.78 |
| Average receivables | $249.7M | $305.4M | $294.6M | $129.3M | $59.0M | $40.1M | $76.0M | $105.5M | $82.8M | $40.9M |
| Average payables | $22.3M | $25.6M | $20.9M | $4.0M | $2.7M | $2.2M | $48.3M | $106.1M | $108.3M | $53.6M |
| Average inventory | — | — | $176.3M | $138.8M | $110.6M | $66.7M | $69.6M | $112.8M | $109.7M | $56.3M |
| Intangibles / total assets | 3.9% | 6.5% | 6.9% | 0.0% | 0.0% | 0.0% | 0.0% | 1.7% | 8.5% | 17.0% |
Computed from RELY's annual financial statements (latest annual report filed February 18, 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.
RELY valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Remitly Global traded at 44.2 times earnings. Based on the latest twelve months, the trailing P/E is 17.5. Remitly Global earned a return on equity of 8.9% and a return on invested capital of 27.0% in fiscal 2025. It ended the year with $220.3 million of debt and $828.9 million in cash and short-term investments, a net cash position of $608.6 million. It returned $50.8 million to shareholders: $0 in dividends and $50.8 million in share buybacks, 17% of free cash flow.
See the RELY income statement, the RELY chart for price history, or the RELY stock overview for the latest quote and news.
RELY key metrics FAQ
What is Remitly Global's P/E ratio?
Remitly Global's trailing P/E ratio is 17.5 based on the last twelve months of earnings (as of October 18, 2026). At the end of fiscal 2025 it was 44.2.
What is Remitly Global's EV/EBITDA?
Remitly Global's enterprise value was 19.0 times EBITDA at the end of fiscal 2025 (enterprise value $2.4 billion, EBITDA $126.0 million); the current EV/EBITDA is 16.5.
What is Remitly Global's return on equity?
Remitly Global's return on equity (ROE) was 8.9% in fiscal 2025: net income of $67.9 million on average shareholders' equity of $767.1 million.
What is Remitly Global's ROIC?
Remitly Global's return on invested capital was 27.0% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Remitly Global have?
Remitly Global had total debt of $220.3 million at the end of fiscal 2025, a debt-to-equity ratio of 0.25 and more cash than debt.
Does Remitly Global buy back its shares?
Yes. Remitly Global spent $50.8 million on net share repurchases in fiscal 2025 Shares outstanding changed +11.8% over the year, to 217.6M..
What is Remitly Global's free cash flow yield?
Remitly Global generated $295.7 million of free cash flow in fiscal 2025, a free cash flow yield of 9.8% on its market value at year-end ($3.0 billion).
What is Remitly Global's current ratio?
Remitly Global's current ratio was 3.30 at the end of fiscal 2025: current assets were 3.30 times current liabilities.