Exzeo Group, Inc. (XZO) Key Metrics
XZO valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $1.50B
- Enterprise value
- $1.36B
- P/E (TTM)
- 17.4
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 6.5
- Price / book
- 5.2
- EV / EBITDA
- 11.8
- Dividend yield
- —
- Beta
- —
XZO key metrics, 2019–2025
Fiscal year ended December 31, 2025 · U.S. dollarsXZO returns How much profit the business earns on the capital it uses.
XZO per-share figures Results divided by the shares outstanding at year-end.
XZO financial health Debt, liquidity and how easily interest is covered.
XZO efficiency & capital use Working capital cycle and where the cash goes.
XZO valuation history
XZO returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
XZO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
XZO cash returned to shareholders
XZO price vs earnings per share
XZO key metrics
2019–2025| 2025 | 2024 | 2023 | 2022 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| Market capitalization | $2.20B | — | — | — | — | — |
| Enterprise value | $1.91B | — | — | — | — | — |
| P/E ratio | 26.6 | — | — | — | — | — |
| Price / sales | 10.2 | — | — | — | — | — |
| Price / book | 8.7 | — | — | — | — | — |
| Price / free cash flow | 22.6 | — | — | — | — | — |
| Price / operating cash flow | 22.0 | — | — | — | — | — |
| EV / sales | 8.8 | — | — | — | — | — |
| EV / EBITDA | 16.8 | — | — | — | — | — |
| EV / free cash flow | 19.6 | — | — | — | — | — |
| Earnings yield | 3.8% | — | — | — | — | — |
| Free cash flow yield | 4.4% | — | — | — | — | — |
| Dividend yield | 0.0% | — | — | — | — | — |
| Shareholder yield (dividends + buybacks) | 0.1% | — | — | — | — | — |
| Share price at fiscal year-end | $24.25 | — | — | — | — | — |
| Per share | ||||||
| Revenue per share | $2.39 | $1.48 | $0.97 | $0.50 | $0.57 | $0.24 |
| Earnings per share | $0.91 | $0.49 | $0.23 | −$0.60 | −$0.14 | −$0.08 |
| Operating cash flow per share | $1.10 | $2.11 | $0.65 | −$0.18 | $0.33 | $0.36 |
| Free cash flow per share | $1.07 | $2.08 | $0.62 | −$0.22 | $0.32 | $0.34 |
| Cash per share | $3.36 | $0.60 | $0.17 | — | $1.14 | $0.58 |
| Book value per share | $2.80 | $0.17 | $0.78 | — | $0.07 | $0.19 |
| Tangible book value per share | $2.80 | $0.17 | $0.78 | — | $0.07 | $0.19 |
| Dividends per share | $0.00 | $0.03 | $0.07 | $0.06 | — | — |
| Capex per share | $0.03 | $0.04 | $0.04 | $0.04 | $0.02 | $0.03 |
| Debt per share | $0.08 | $0.09 | $0.73 | — | $0.25 | $0.01 |
| Shares outstanding | 90.9M | 90.8M | 90.8M | 90.8M | 90.8M | 90.8M |
| Change in shares outstanding | +0.2% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Returns & profitability | ||||||
| Return on equity (ROE) | 61.4% | 102.1% | 29.3% | — | −105.7% | −40.7% |
| Return on invested capital (ROIC) | — | — | 2.1% | — | — | — |
| Return on assets (ROA) | 37.8% | 12.3% | 3.3% | — | −9.7% | −7.2% |
| Return on tangible assets | 23.8% | 49.2% | 3.3% | — | −7.7% | −7.2% |
| Free cash flow margin | 44.9% | 140.8% | 63.5% | −44.3% | 55.9% | 143.6% |
| Income quality (OCF / net income) | 1.21 | 4.35 | 2.86 | — | — | — |
| Financial health | ||||||
| Total debt | $7.2M | $8.4M | $65.9M | — | $22.3M | $738,000 |
| Cash & short-term investments | $305.4M | $54.5M | $15.1M | — | $103.9M | $52.4M |
| Net debt | −$298.1M | −$46.2M | $50.9M | — | −$81.6M | −$51.6M |
| Debt / equity | 0.03 | 0.54 | 0.93 | — | 3.41 | 0.04 |
| Debt / assets | 0.02 | 0.09 | 0.11 | — | 0.14 | 0.01 |
| Net debt / EBITDA | −2.63 | −1.14 | 10.70 | — | — | — |
| Current ratio | 3.86 | 1.19 | 0.81 | — | — | — |
| Quick ratio | 3.86 | 1.19 | 0.81 | — | — | — |
| Working capital | $241.4M | $10.9M | −$63.8M | — | — | — |
| Invested capital | −$44.0M | −$30.6M | $121.7M | — | −$75.0M | −$34.7M |
| Tangible asset value | $254.2M | $15.5M | $70.9M | — | $6.6M | $17.0M |
| Net current asset value | $232.2M | −$6.9M | −$283.7M | — | — | — |
| Graham number | $7.57 | $1.37 | $2.00 | — | — | — |
| Graham net-net per share | $2.49 | −$0.17 | −$5.87 | — | −$0.49 | −$0.24 |
| Capital allocation | ||||||
| Dividends paid | $0 | $2.9M | $6.8M | $5.5M | — | — |
| Share buybacks (net) | $1.5M | $100.5M | $352,000 | $406,000 | — | — |
| Dividend payout ratio | 0.0% | 6.6% | 32.6% | — | — | — |
| Dividends + buybacks / free cash flow | 1.5% | 54.8% | 12.7% | — | — | — |
| Capex / revenue | 1.3% | 2.5% | 3.7% | 7.6% | 2.9% | 11.5% |
| Capex / operating cash flow | 2.8% | 1.7% | 5.5% | — | 4.9% | 7.4% |
| Capex / depreciation | 0.97 | 1.41 | 1.47 | 2.05 | 1.35 | 3.63 |
| Stock-based compensation / revenue | 1.2% | — | — | — | — | — |
| R&D / revenue | 4.1% | — | — | — | — | — |
| SG&A / revenue | 7.2% | 6.2% | 8.9% | 16.1% | — | — |
| Efficiency | ||||||
| Days sales outstanding | 20.7 | 20.2 | 37.7 | — | 50.5 | 109.1 |
| Days payables outstanding | 32.1 | — | — | — | — | — |
| Cash conversion cycle (days) | -11.4 | — | — | — | — | — |
| Receivables turnover | 17.64 | 18.09 | 9.68 | — | 7.23 | 3.35 |
| Payables turnover | 11.38 | — | — | — | — | — |
| Asset turnover | 0.99 | 0.37 | 0.14 | — | 0.40 | 0.22 |
| Average receivables | $12.3M | $7.4M | $9.1M | — | $7.2M | $6.4M |
| Average payables | $7.6M | — | — | — | — | — |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | — | 0.0% | 0.0% |
Computed from XZO's annual financial statements (latest annual report filed February 26, 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.
XZO valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Exzeo traded at 26.6 times earnings. Based on the latest twelve months, the trailing P/E is 17.4. Exzeo earned a return on equity of 61.4% in fiscal 2025. It ended the year with $7.2 million of debt and $305.4 million in cash and short-term investments, a net cash position of $298.1 million. It returned $1.5 million to shareholders: $0 in dividends and $1.5 million in share buybacks, 2% of free cash flow.
See the XZO income statement, the XZO chart for price history, or the XZO stock overview for the latest quote and news.
XZO key metrics FAQ
What is Exzeo's P/E ratio?
Exzeo's trailing P/E ratio is 17.4 based on the last twelve months of earnings (as of October 18, 2026). At the end of fiscal 2025 it was 26.6.
What is Exzeo's EV/EBITDA?
Exzeo's enterprise value was 16.8 times EBITDA at the end of fiscal 2025 (enterprise value $1.9 billion, EBITDA $113.2 million); the current EV/EBITDA is 11.8.
What is Exzeo's return on equity?
Exzeo's return on equity (ROE) was 61.4% in fiscal 2025: net income of $82.7 million on average shareholders' equity of $134.8 million.
How much debt does Exzeo have?
Exzeo had total debt of $7.2 million at the end of fiscal 2025, a debt-to-equity ratio of 0.03 and more cash than debt.
Does Exzeo pay a dividend?
Exzeo did not pay a dividend in fiscal 2025.
Does Exzeo buy back its shares?
Yes. Exzeo spent $1.5 million on net share repurchases in fiscal 2025 Shares outstanding changed +0.2% over the year, to 90.9M..
What is Exzeo's free cash flow yield?
Exzeo generated $97.5 million of free cash flow in fiscal 2025, a free cash flow yield of 4.4% on its market value at year-end ($2.2 billion).
What is Exzeo's current ratio?
Exzeo's current ratio was 3.86 at the end of fiscal 2025: current assets were 3.86 times current liabilities.