Rush Street Interactive, Inc. (RSI) Key Metrics

NYSE: RSIValuation, returns, debt and efficiency ratios over 8 years.

RSI valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$4.52B
Enterprise value
$2.04B
P/E (TTM)
61.7
Forward P/E
26.7
PEG ratio
—
Price / sales
3.3
10-yr median 1.6
Price / book
12.8
10-yr median 11.1
EV / EBITDA
11.4
Dividend yield
—
Beta
1.71

RSI key metrics, 2018–2025

Fiscal year ended December 31, 2025 · U.S. dollars

RSI valuation Price multiples at each fiscal year-end price.

P/E ratio−72.9%
137.7
2025 · hover or tap a bar for each year
2024: 508.02025: 137.7 (−72.9%)
20182025
Price / sales+208.1%
4.0
2025 · hover or tap a bar for each year
2020: 4.12021: 1.9 (−52.2%)2022: 0.4 (−80.2%)2023: 0.4 (+15.6%)2024: 1.3 (+195.0%)2025: 4.0 (+208.1%)
20182025
Price / book+102.1%
31.2
2025 · hover or tap a bar for each year
2021: 11.12022: 4.1 (−63.3%)2023: 5.7 (+40.6%)2024: 15.4 (+169.5%)2025: 31.2 (+102.1%)
20182025
EV / EBITDA+870.3%
147.6
2025 · hover or tap a bar for each year
2024: 15.22025: 147.6 (+870.3%)
20182025
Price / free cash flow+121.3%
34.8
2025 · hover or tap a bar for each year
2020: 113.82024: 15.72025: 34.8 (+121.3%)
20182025
Free cash flow yield−3.5 pts
2.9%
2025 · hover or tap a bar for each year
2020: 0.9%2021: −8.8% (−9.6 pts)2022: −38.9% (−30.1 pts)2023: −12.1% (+26.8 pts)2024: 6.3% (+18.4 pts)2025: 2.9% (−3.5 pts)
20182025

RSI valuation history

Fiscal year-endToday8-year median

RSI returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

RSI debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

RSI cash returned to shareholders

DividendsBuybacksFree cash flow

RSI price vs earnings per share

Share price at year-endEPS (right axis)

RSI key metrics

2018–2025
Rush Street Interactive, Inc. key metrics by fiscal year
20252024202320222021202020192018
Valuation
Market capitalization$4.59B$1.21B$307.6M$228.1M$947.5M$1.13B——
Enterprise value$4.27B$988.5M$143.4M$23.9M$668.2M$876.6M——
P/E ratio137.7508.0——————
Price / sales4.01.30.40.41.94.1——
Price / book31.215.45.74.111.1———
Price / free cash flow34.815.7———113.8——
Price / operating cash flow27.811.4———69.9——
EV / sales3.81.10.20.01.43.1——
EV / EBITDA147.615.2——————
EV / free cash flow32.412.8———88.2——
Earnings yield0.7%0.2%−6.0%−16.9%−3.1%0.1%——
Free cash flow yield2.9%6.3%−12.1%−38.9%−8.8%0.9%——
Dividend yield———0.0%0.0%0.5%——
Shareholder yield (dividends + buybacks)0.2%0.0%0.0%0.0%0.4%1.0%——
Share price at fiscal year-end$19.43$13.72$4.49$3.59$16.50$21.65——
Per share
Revenue per share$4.80$10.45$10.09$9.32$8.50$5.33$2.21$0.63
Earnings per share$0.14$0.03−$0.27−$0.61−$0.51$0.02−$0.78−$0.37
Operating cash flow per share$0.70$1.20−$0.09−$0.95−$0.84$0.31−$0.09−$0.18
Free cash flow per share$0.56$0.87−$0.54−$1.39−$1.44$0.19−$0.29−$0.18
Cash per share$1.44$2.59$2.46$3.24$4.89$4.89$0.37$0.05
Book value per share$0.62$0.89$0.78$0.88$1.49−$1.18−$0.12−$0.09
Tangible book value per share$0.30$0.02−$0.31−$0.20$0.56−$1.37−$0.36−$0.18
Dividends per share———$0.00$0.00$0.10$0.18$0.18
Capex per share$0.14$0.33$0.46$0.45$0.61$0.12$0.20$0.01
Debt per share$0.08$0.05$0.06$0.03$0.03$0.02$0.68$0.00
Shares outstanding236.1M88.4M68.5M63.5M57.4M52.2M28.8M28.8M
Change in shares outstanding+167.1%+29.1%+7.8%+10.6%+9.9%+81.7%0.0%—
Returns & profitability
Return on equity (ROE)29.5%3.6%−33.3%−54.6%−245.7%———
Return on assets (ROA)6.4%0.7%−5.5%−10.2%−8.1%0.6%−133.4%−131.5%
Return on tangible assets5.7%0.8%−7.5%−13.7%−8.2%0.4%−121.1%−194.3%
Free cash flow margin11.6%8.3%−5.4%−15.0%−17.0%3.6%−12.9%−29.0%
Income quality (OCF / net income)4.9544.58———14.97——
Financial health
Total debt$18.5M$4.6M$4.1M$1.9M$1.7M$1.2M$19.6M$0
Cash & short-term investments$340.5M$229.2M$168.3M$206.1M$281.0M$255.6M$10.5M$1.5M
Net debt−$322.0M−$224.5M−$164.2M−$204.2M−$279.4M−$254.4M$9.0M−$1.5M
Debt / equity0.130.060.080.030.02———
Debt / assets0.030.010.010.010.000.000.770.00
Net debt / EBITDA−11.15−3.46——————
Current ratio1.931.751.661.844.070.730.660.51
Quick ratio1.931.751.661.653.840.720.520.51
Interest coverage97.125.4-18.7-217.8-504.2-988.3-181.5—
Working capital$196.5M$121.9M$90.9M$120.5M$257.8M−$106.5M−$8.9M−$4.8M
Invested capital−$174.8M−$145.9M−$110.4M−$148.1M−$193.9M−$316.2M$5.7M−$4.0M
Tangible asset value$227.1M$121.0M$91.3M$121.8M$254.3M−$277.1M−$10.3M−$4.3M
Net current asset value$51.8M$103.9M$76.2M$105.0M$240.7M−$281.4M−$11.7M−$4.8M
Graham number$1.41$0.74——————
Graham net-net per share$0.05$0.82$0.71$1.50$3.75−$5.64−$0.44−$0.29
Capital allocation
Dividends paid———$0$0$5.2M$5.2M$5.2M
Share buybacks (net)$7.6M$0$0$0$3.5M$5.8M$0$0
Dividend payout ratio—————480.3%——
Dividends + buybacks / free cash flow5.8%0.0%———111.1%——
Capex / revenue2.9%3.2%4.5%4.8%7.1%2.2%9.1%0.8%
Capex / operating cash flow20.2%27.6%———38.6%——
Capex / depreciation0.830.911.051.988.1912.745.070.16
Stock-based compensation / revenue2.3%3.8%4.3%3.2%5.1%52.0%21.1%—
SG&A / revenue23.4%28.7%35.9%48.6%50.4%78.6%81.6%93.3%
Efficiency
Days sales outstanding11.115.224.025.023.822.614.62.1
Days of inventory on hand——10.320.114.19.620.20.0
Days payables outstanding16.617.624.416.010.212.17.119.7
Cash conversion cycle (days)-5.5-2.410.029.127.720.127.7-17.6
Receivables turnover32.9223.9715.1814.6115.3716.1325.00170.34
Payables turnover22.0120.7114.9622.8435.9230.0651.2018.53
Inventory turnover——35.2818.1625.8137.8718.0810,709,000.00
Asset turnover2.192.652.071.561.361.673.782.23
Average receivables$34.5M$38.6M$45.5M$40.5M$31.8M$17.3M$2.5M$107,000
Average payables$33.7M$29.1M$31.1M$18.2M$9.2M$6.4M$642,500$578,000
Average inventory——$13.2M$22.8M$12.9M$5.0M$1.8M$1
Intangibles / total assets11.6%20.4%23.5%19.7%13.1%3.2%27.3%32.3%

Computed from RSI'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.

RSI valuation and financial ratios

At the end of fiscal 2025 (December 31, 2025), Rush Street Interactive traded at 137.7 times earnings. Based on the latest twelve months, the trailing P/E is 61.7 and the forward P/E is 26.7. Rush Street Interactive earned a return on equity of 29.5% in fiscal 2025. It ended the year with $18.5 million of debt and $340.5 million in cash and short-term investments, a net cash position of $322.0 million. It returned $7.6 million to shareholders: $0 in dividends and $7.6 million in share buybacks, 6% of free cash flow. The share count rose 721.3% from 28.8M to 236.1M over 7 years.

See the RSI income statement, the RSI chart for price history, or the RSI stock overview for the latest quote and news.

RSI key metrics FAQ

What is Rush Street Interactive's P/E ratio?

Rush Street Interactive's trailing P/E ratio is 61.7 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 26.7. At the end of fiscal 2025 it was 137.7.

What is Rush Street Interactive's EV/EBITDA?

Rush Street Interactive's enterprise value was 147.6 times EBITDA at the end of fiscal 2025 (enterprise value $4.3 billion, EBITDA $28.9 million); the current EV/EBITDA is 11.4.

What is Rush Street Interactive's return on equity?

Rush Street Interactive's return on equity (ROE) was 29.5% in fiscal 2025: net income of $33.3 million on average shareholders' equity of $113.0 million.

How much debt does Rush Street Interactive have?

Rush Street Interactive had total debt of $18.5 million at the end of fiscal 2025, a debt-to-equity ratio of 0.13 and more cash than debt.

Does Rush Street Interactive buy back its shares?

Yes. Rush Street Interactive spent $7.6 million on net share repurchases in fiscal 2025 Shares outstanding changed +167.1% over the year, to 236.1M..

What is Rush Street Interactive's free cash flow yield?

Rush Street Interactive generated $131.6 million of free cash flow in fiscal 2025, a free cash flow yield of 2.9% on its market value at year-end ($4.6 billion).

What is Rush Street Interactive's current ratio?

Rush Street Interactive's current ratio was 1.93 at the end of fiscal 2025: current assets were 1.93 times current liabilities.

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