OakChart

Affirm Holdings Inc

AFRMFinancial·Credit Services·USA·Large·NASD·Nov 11 • 8:36 AM ET

67.09+1.14 (1.73%)
2026-11-11 14:45 CET
Market cap
22,357.58 USD m
Revenue, TTM
4,267.07 USD m
Net income, TTM
2,013.27 USD m
Free cash flow, TTM
818.19 USD m
EPS diluted, TTM
5.76
P/E
11.66
Compare

Price

AFRM against its 20, 50 and 200-day averages
2050200beat
60.0070.0080.0090.0014.5M29.1MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26AFRMclose 67.0920-day 71.8250-day 72.12200-day 66.4767.09

25.8% under 90.44 on 28 Aug 2026. Last 15 sessions, 20.7% high to low

Profile

AFRM
52-week range, 52% of the way up
42.1090.44

Affirm Holdings, Inc. operates a platform for digital and mobile-first commerce. Its platform consists of three core elements: a point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. The company was founded by Max R. Levchin in 2012 and is headquartered in San Francisco, CA.

IndexRUI
Employees2358
IPOJan 13, 2021
Beta3.72
ATR, 14d3.98
Rel volume0.05
Short float6.13%
Insider own15.82%
Inst own77.62%

Snapshot

6 groups

Valuation

IndexRUI
Market Cap22.74B
Enterprise Value29.80B
Income2.01B
Sales4.27B
Book/sh16.97
Cash/sh9.53
Dividend Est.-
Dividend TTM-
Dividend Ex-Date-
Dividend Gr. 3/5Y- -
Payout0.00%
Employees2358
IPOJan 13, 2021

Ratios

P/E11.66
Forward P/E22.73
PEG-
P/S5.33
P/B3.95
P/C7.04
P/FCF27.80
EV/EBITDA13.30
EV/Sales6.98
Quick Ratio8.51
Current Ratio8.51
Debt/Eq1.79
LT Debt/Eq1.75
Option/ShortYes / Yes

Earnings

EPS (ttm)5.76
EPS next Y2.95
EPS next Q0.50
EPS this Y-62.85%
EPS next Y43.68%
EPS next 5Y-10.27%
EPS past 3/5Y- -
Sales past 3/5Y39.73% 44.64%
EPS Y/Y TTM731.95%
Sales Y/Y TTM33.36%
EPS Q/Q101.42%
Sales Q/Q36.88%
EarningsNov 05 AMC
EPS/Sales Surpr.23.85% 4.07%

Ownership

Insider Own15.82%
Insider Trans-0.75%
Inst Own77.62%
Inst Trans0.32%
ROA14.40%
ROE44.49%
ROIC12.73%
Gross Margin77.19%
Oper. Margin23.96%
Profit Margin47.18%
SMA20-6.58%
SMA50-6.98%
SMA2000.94%
Trades-

Technical

Shs Outstand298.39M
Shs Float285.38M
Short Float6.13%
Short Ratio3.84
Short Interest17.51M
52W High90.44 -25.82%
52W Low42.10 59.38%
Volatility7.77% 5.80%
ATR (14)3.98
RSI (14)40.87
Beta3.72
Rel Volume0.05
Avg Volume4.55M
Volume10,566

Performance

Perf Week-11.24%
Perf Month-13.87%
Perf Quarter-14.34%
Perf Half Y5.60%
Perf YTD-9.86%
Perf Year-10.71%
Perf 3Y199.11%
Perf 5Y-55.81%
Perf 10Y-
Recom1.49
Target Price96.88
Prev Close65.95
Price67.09
Change %1.73%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Oct 26, 2026InitiatedMMonness Crespi & HardtBuy$90+34.1%
Sep 14, 2026UpgradeWWolfe ResearchPeer Perform → Outperform$90+34.1%
Sep 09, 2026InitiatedLLoop CapitalBuy$105+56.5%
Sep 02, 2026InitiatedBScotiabankSector Outperform
Aug 28, 2026ReiteratedOOppenheimerOutperform$100 → $104+55.0%
Jul 22, 2026InitiatedBBernsteinOutperform$100+49.1%
Jul 08, 2026InitiatedBBarclaysOverweight$97+44.6%
Jun 30, 2026InitiatedPPiper SandlerOverweight$103+53.5%
Jun 25, 2026DowngradeMMorgan StanleyOverweight → Equal-Weight$79+17.8%
Apr 22, 2026InitiatedBBMO Capital MarketsOutperform$75+11.8%

Peers

Mkt cap
TickerCompanyMkt cap
KLARKlarna Group plc7.61B
PYPLPayPal Holdings Inc48.41B
SEZLSezzle Inc5.16B
SOFISoFi Technologies Inc21.59B
SYFSynchrony Financial22.48B
UPSTUpstart Holdings Inc2.05B
XYZBlock Inc51.99B
COFCapital One Financial Corp117.50B
AXPAmerican Express Co216.86B
OPFIOppFi Inc505.84M

Insider trading

latest 14 of 77
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
NOEL WATSONOfficerNov 10 '26Proposed Sale68.032,000136,060Nov 10 04:25 PM
O'Hare RobertChief Financial OfficerOct 09 '26Option Exercise27.8965,5911,829,54568,325Oct 14 04:00 PM
O'Hare RobertChief Financial OfficerOct 09 '26Sale80.0265,5915,248,5922,734Oct 14 04:00 PM
ROBERT O'HAREOfficerOct 09 '26Proposed Sale77.1565,5915,060,346Oct 09 04:41 PM
Jiyane SipheleleChief Accounting OfficerSep 14 '26Sale72.1926,9801,947,686188,711Sep 16 04:07 PM
SIPHELELE JIYANEOfficerSep 14 '26Proposed Sale72.1926,9801,947,789Sep 14 04:17 PM
Jiyane SipheleleChief Accounting OfficerSep 04 '26Sale72.4125,0001,810,250215,691Sep 09 04:00 PM
SIPHELELE JIYANEOfficerSep 04 '26Proposed Sale72.4125,0001,810,265Sep 04 04:25 PM
Adkins KatherineChief Legal OfficerSep 03 '26Option Exercise23.2441,664968,230194,103Sep 03 05:15 PM
Adkins KatherineChief Legal OfficerSep 01 '26Option Exercise17.7852,258929,107194,103Sep 03 05:15 PM
Adkins KatherineChief Legal OfficerSep 03 '26Sale75.5341,6643,146,882152,439Sep 03 05:15 PM
Adkins KatherineChief Legal OfficerSep 01 '26Sale70.5541,6642,939,469152,439Sep 03 05:15 PM
KATHERINE ADKINSOfficerSep 03 '26Proposed Sale74.0941,6643,086,886Sep 03 04:35 PM
O'Hare RobertChief Financial OfficerSep 01 '26Option Exercise0.0011,987030,466Sep 03 04:06 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 689.41B
VBVanguard Morningstar Small-Cap ETFAUM: 79.96B
VBKVanguard Morningstar Small-Cap Growth ETFAUM: 22.56B
VXFVanguard Extended Market Index ETFAUM: 30.61B
CGGRCapital Group Growth ETFAUM: 25.76B
IWPiShares Russell Mid-Cap Growth ETFAUM: 18.16B
IWRiShares Russell Mid-Cap ETFAUM: 58.75B
IWFiShares Russell 1000 Growth ETFAUM: 118.13B
JEPIJPMorgan Equity Premium Income ETFAUM: 46.60B
DFACU.S. Core Equity 2 Portfolio-ETF Class SharesAUM: 49.29B

News

latest 14 of 206
  • Late Payments Steal Affirm's Earnings Spotlight. Wall Street Sees More Run to Run. (Barrons.com)
  • We're not 'hitting the handbrake' on AI data centers: Affirm CEO Max Levchin (Yahoo Finance)
  • Affirm Shares Fall as Strong Quarterly Earnings Fail to Offset Credit Concerns and Cautious Guidance (InvestorsHub)
  • Affirm Beats On 34% GMV Growth And A 4.3% Take Rate, But Credit Upticks And A Light GAAP Margin Guide Muddy The Story (Earnings Whispers) -7.84%
  • Affirm delivers quarterly results beat, but shares fall on GMV guide (Investing.com)
  • Loading…
  • Affirm Holdings: Fiscal Q1 Earnings Snapshot (Associated Press)
  • Affirm reports first fiscal quarter 2027 results (Business Wire)
  • Sezzle Has the Sizzle. How the Stock Can Surge Another 61%. (Barrons.com)
  • Jack Henry & Associates Inc. stock outperforms competitors on strong trading day (MarketWatch) +5.03%
  • Sur la table and Affirm partner to give home cooks more choice in how they pay (Business Wire)
  • Affirm's Profit Streak Meets A Skeptical Market As Street Pins Revenue To Top Of Guidance (Earnings Whispers)
  • AFRM Stock Clocks 4 Days In The Red: One Analyst Still Sees 13% Upside After Trimming Target (Stocktwits)
  • Affirm to participate in upcoming investor conferences (Business Wire)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2027Q12026-11-050.4700.3800.4701,2621,21329
2026Q42026-08-274.6200.3474.6221,1661,10727
2026Q32026-05-070.3000.1700.2961,039995.2724
2026Q22026-02-050.3700.2670.3711,1231,05621
2026Q12025-11-060.2300.1120.232933.34883.1618
2025Q42025-08-280.2000.1240.202876.42837.0419
2025Q32025-05-080.010-0.0060.008783.14782.9718
2025Q22025-02-060.253-0.1590.233866.38807.1613
2025Q12024-11-07-0.310-0.318-0.315698.5664.0411
2024Q42024-08-28-0.140-0.481-0.143659603.6710
2024Q32024-05-08-0.430-0.698-0.428576549.9910
2024Q22024-02-08-0.540-0.725-0.543591.11520.8512
2024Q12023-11-08-0.570-0.697-0.565496.55444.4813
2023Q42023-08-24-0.690-0.865-0.687445.83406.1813
2023Q32023-05-09-0.690-0.851-0.692380.98369.59-
2023Q22023-02-08-1.100-0.992-1.098399.56416.4717

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2021FY-2.292-1.643-1.637870.46833
2022FY-2.510-2.355-2.5111,3491,340
2023FY-3.340-3.433-3.3361,5881,548
2024FY-1.670-1.957-1.6712,3232,267
2025FY0.1500.0540.1533,2243,184
2026FY5.5301.2515.5304,2614,203
2027FY-2.055--5,571
2028FY-2.952--6,952
2029FY-3.995--8,619
2030FY-5.750--11,689

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2027Q2S2026-11-11301631,4541,3861,507
2027Q2S2026-11-06302431,4541,3861,507
2027Q2S2026-11-05302111,4331,3381,507
2027Q2S2026-10-30302011,4331,3381,507
2027Q2S2026-10-29302011,4331,3381,507
2027Q2S2026-10-23302011,4331,3381,507
2027Q2S2026-10-22292011,4311,3381,507
2027Q2S2026-10-20292011,4311,3381,503
2027Q2S2026-10-13292011,4301,3381,503
2027Q2S2026-10-09292011,4301,3381,503
2027Q2S2026-10-07292011,4301,3381,503
2027Q2S2026-10-05281911,4311,3381,503
2027Q2S2026-10-02281911,4311,3381,503
2027Q2S2026-09-30281911,4311,3381,503

Estimate history

EPS, annual-0.523-0.489-1.637-2.511-3.336-1.6710.1535.5325.7556
Period20192020202120222023202420252026TTM
EPS, quarterly-0.3150.2330.0080.2020.2320.3710.2964.6220.467
PeriodQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Sales, annual190.984348.076623.7641145.2111447.722142.6042982.1473949.2174267.07
Period20192020202120222023202420252026TTM
Sales, quarterly644.242796.103725.844815.957861.7851026.955970.8011089.6761179.643
PeriodQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Shares, annual257.407257.407269.358287.365296.846311.053325.113337.176338.919
Period20192020202120222023202420252026MRQ
Shares, quarterly313.977315.735322.521325.113330.049332.207334.846337.176338.919
PeriodQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27

Income statement, annual

Currency USD, millions
MetricTTM2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY
Total Revenue4,267.073,949.222,982.152,142.601,447.721,145.21623.76348.08190.98
Total Expenses3,244.633,078.342,639.662,399.622,372.171,942.23944.36424.22292.80
Operating Income1,022.44870.87342.49-257.01-924.45-797.02-320.60-76.14-101.82
Unusual Expense0.000.00-0.187.5728.90-88.91150.130.000.00
Net Income Before Taxes614.76492.7361.47-515.53-989.25-724.83-443.37-112.22-120.42
Income Taxes-1,398.51-1,437.079.282.23-3.90-17.41-2.340.380.04
Consolidated Net Income2,013.271,929.7952.19-517.76-985.35-707.42-441.03-112.60-120.45
Net Income From Continuing Operations2,013.271,929.7952.19-517.76-985.35-707.42-441.03-112.60-120.45
Net Income2,013.271,929.7952.19-517.76-985.35-707.42-441.03-125.80-134.57
EPS (Recurring)5.725.530.15-1.65-3.27-2.73-1.25-0.49-0.52
EPS (Basic, Before Extraordinaries)5.945.760.16-1.67-3.34-2.51-1.64-0.49-0.52
EPS (Diluted)5.765.530.15-1.67-3.34-2.51-1.64-0.49-0.52
Non-Operating Income (Expense)71.1275.47144.7694.65147.1752.9791.56-3.777.30
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense340.40382.77394.92372.11420.14351.96242.1423.7732.29
Price To Earnings Ratio11.4611.46-------
Price To Sales Ratio5.717.207.914.373.134.4429.08--
Gross Margin77.1976.7877.1076.0972.9281.6285.0082.9780.14
Operating Margin23.9622.0511.48-12.00-63.86-69.60-51.40-21.87-53.31
Net Margin47.1848.871.75-24.16-68.06-61.77-70.70-36.14-70.46
Shares Outstanding338.92337.18325.11311.05296.85287.37269.36257.41257.41
Market Capitalization22,357.5822,357.5822,304.569,338.674,536.505,172.9317,854.0117,618.08-

Income statement, quarterly

Currency USD, millions
Metric2027Q12026Q42026Q32026Q22026Q12025Q42025Q32025Q2
Total Revenue1,179.641,089.68970.801,026.95861.78815.96725.84796.10
Total Expenses855.33824.39767.09797.82689.04651.33628.23690.16
Operating Income324.31265.28203.72229.13172.74164.6297.61105.95
Unusual Expense0.000.000.000.000.000.000.010.06
Net Income Before Taxes205.05169.09107.38133.2483.0271.585.3482.86
Income Taxes40.89-1,447.524.483.652.332.342.542.50
Consolidated Net Income164.171,616.61102.90129.5980.6969.242.8080.36
Net Income From Continuing Operations164.171,616.61102.90129.5980.6969.242.8080.36
Net Income164.171,616.61102.90129.5980.6969.242.8080.36
EPS (Recurring)0.474.620.300.370.230.200.010.23
EPS (Basic, Before Extraordinaries)0.484.770.310.390.240.210.010.25
EPS (Diluted)0.474.620.300.370.230.200.010.23
Non-Operating Income (Expense)14.9622.3817.9915.7920.4613.0015.4584.82
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense67.2483.6291.2398.300.1183.2794.78103.34
Price To Earnings Ratio11.4674.1156.37110.30570.49---
Price To Sales Ratio5.717.224.347.587.957.945.608.14
Gross Margin78.3377.4075.5677.2076.8976.4375.5078.54
Operating Margin27.4924.3420.9822.3120.0420.1813.4513.31
Net Margin13.92148.3610.6012.629.368.490.3910.09
Shares Outstanding338.92337.18334.85332.21330.05325.11322.52315.74
Market Capitalization22,357.5827,311.0115,263.1524,568.3823,798.6522,304.5614,465.1819,126.01

Balance sheet, annual

Currency USD, millions
Metric2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY
Cash & Short Term Investments3,080.852,408.912,161.162,174.952,846.621,692.63328.13357.77
Short Term Receivables284.35429.95371.29199.09159.27118.0062.1745.88
Investment Securities0.000.000.000.000.000.000.000.00
Securities In Custody0.000.000.000.000.000.000.000.00
Investments429.68305.03389.96353.37392.7230.330.000.00
Investment in Unconsolidated Affiliates0.000.000.000.000.000.000.000.00
Net Property, Plant & Equipment708.81591.76449.55320.31222.15120.3348.1433.65
Deferred Tax Assets1,467.0413.9321.21-----
Other Intangible Assets9,819.427,405.346,126.455,107.913,353.032,905.68963.81711.20
Total Assets15,790.1511,154.939,519.628,155.616,973.794,866.971,402.251,148.51
Total Debt9,823.257,641.616,454.705,397.154,072.541,932.23896.64572.03
Long Term Debt9,596.427,441.856,109.045,178.414,056.091,828.07896.64246.53
Provision for Risks Charges0.000.000.000.000.000.000.000.00
Other Liabilities483.08444.31332.93224.28283.00359.2168.5441.81
Total Liabilities10,306.328,085.926,787.635,621.434,355.542,291.44965.18613.85
Preferred Stock - Carrying Value0.000.000.000.000.000.00804.17798.07
Common Equity5,483.823,069.012,731.992,534.182,618.262,575.53-367.10-263.41
Total Shareholders Equity5,483.823,069.012,731.992,534.182,618.262,575.53437.07534.66
Accumulated Minority Interest0.000.000.000.000.000.000.000.00
Total Equity5,483.823,069.012,731.992,534.182,618.262,575.53437.07534.66
Total Liabilities & Stockholders Equity15,790.1511,154.939,519.628,155.616,973.794,866.971,402.251,148.51
Book Value Per Share16.269.448.788.549.119.56-1.43-1.02
Tangible Book Value Per Share14.527.586.695.996.046.55-1.43-1.02
Full-Time Employees2,3582,2062,0062,1712,5521,641893637
Price to Book Ratio3.897.763.551.801.987.037.45-
Return on Assets14.320.50-5.86-13.03-11.95-14.07-8.83-
Return on Equity45.131.80-19.66-38.25-27.21-29.28-23.17-
Return on Invested Capital12.800.50-5.86-12.78-10.60-10.02-8.44-15.42
Quick Ratio7.527.465.347.6224.208.4010.661.16
Current Ratio7.527.465.347.6224.208.4010.661.16

Cash flow, annual

Currency USD, millions
MetricTTM2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY
Funds from Operations1,286.861,144.03843.70513.10-17.93-181.66-93.48-22.73-21.60
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-222.1988.14-49.83-62.35-134.97-9.91-53.7530.98-20.69
Cash from Operating Activities1,064.681,232.16793.87450.75-152.91-191.57-147.238.24-42.30
Capital Expenditures-246.49-238.35-192.19-159.30-120.78-111.70-20.25-21.02-21.25
Net Assets From Acquisitions0.000.000.000.00-16.05-6.00-222.430.000.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.000.000.000.00
Purchase or Sale of Investments2,543.052,882.85-925.76-1,132.46-1,354.86-1,842.83-794.52-311.60-377.83
Purchase of Investments-48,891.59-45,053.82-36,759.43-26,686.92-20,677.76-17,756.09-8,537.99-4,931.80-2,751.17
Sale Or Maturity of Investments51,434.6447,936.6735,833.6825,554.4619,322.9015,913.267,743.464,620.202,373.34
Other Uses-2.30-0.75-65.00-34.010.00-35.74-32.180.000.00
Other Sources0.360.3799.920.003.7114.311.450.000.00
Cash from Investing Activities-2,904.11-2,554.61-1,083.03-1,325.76-1,487.98-1,981.96-1,067.93-332.62-399.08
Cash Dividends Paid0.000.000.000.000.000.000.000.000.00
Change in Capital Stock76.18158.93-189.3133.1215.6673.831,785.96-23.23292.43
Repurchase of Common Pref Stock0.000.00-250.000.00-0.11-0.09-0.80-41.45-17.13
Sale of Common Pref Stock76.18158.9360.6933.1215.7773.911,786.7618.21309.56
Proceedsfrom Stock Options0.000.000.000.000.000.001,739.7218.21309.56
Issuance or Reduction of Debt, Net2,500.212,175.971,244.541,069.191,408.132,148.47950.16317.96269.22
Change in Long Term Debt2,500.212,175.971,244.541,069.191,408.132,148.47950.16317.96269.22
Issuance of Long Term Debt47,060.1540,870.4724,545.0114,962.148,022.536,791.084,325.632,200.121,349.70
Reduction of Long Term Debt-44,559.93-38,694.49-23,300.47-13,892.95-6,614.40-4,642.61-3,375.47-1,882.15-1,080.48
Net Financing Active Other Cash Flow-257.61-325.22-303.81-189.17-73.84-185.18-158.280.000.00
Other Financing Activities Uses-257.61-325.22-303.81-189.17-73.84-185.18-158.280.000.00
Cash from Financing Activities2,318.782,009.69751.42913.151,349.942,037.122,577.83294.73561.65
Exchange Rate Effect-5.92-10.62-1.25-2.680.08-5.411.84--
Net Change in Cash473.42676.62461.0235.45-290.86-141.821,364.50-29.64120.27
Free Cash Flow818.19993.81601.68291.45-273.68-277.86-167.48-12.78-61.70
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.00--
Price to Free Cash Flow29.7728.6339.1932.12-----

Balance sheet, quarterly

Currency USD, millions
Metric2027Q12026Q42026Q32026Q22026Q12025Q4
Cash & Short Term Investments3,230.983,080.852,968.082,593.722,710.412,408.91
Short Term Receivables356.92284.35230.70268.18283.73429.95
Investments373.55429.68338.95303.61281.60305.03
Investment in Unconsolidated Affiliates0.000.000.000.000.000.00
Net Property, Plant & Equipment713.43708.81691.82665.79630.69591.76
Deferred Tax Assets1,433.081,467.047.439.5711.8913.93
Other Intangible Assets10,373.399,819.428,904.599,116.027,560.257,405.34
Total Assets16,481.3415,790.1513,141.5812,956.9011,478.5711,154.93
Total Debt10,284.629,823.258,912.479,051.527,764.507,641.61
Long Term Debt10,061.379,596.428,908.699,043.397,752.197,441.85
Provision for Risks Charges0.000.000.000.000.000.00
Other Liabilities445.48483.08445.70358.52415.18444.31
Total Liabilities10,730.1010,306.329,358.179,410.048,179.688,085.92
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity5,751.245,483.823,783.413,546.863,298.893,069.01
Total Shareholders Equity5,751.245,483.823,783.413,546.863,298.893,069.01
Accumulated Minority Interest0.000.000.000.000.000.00
Total Equity5,751.245,483.823,783.413,546.863,298.893,069.01
Total Liabilities & Stockholders Equity16,481.3415,790.1513,141.5812,956.9011,478.5711,154.93
Book Value Per Share16.9716.2611.3010.6810.009.44
Tangible Book Value Per Share15.3414.529.649.038.357.58
Full-Time Employees-2,358---2,206
Price to Book Ratio3.897.224.297.457.747.76
Return on Assets14.4014.323.242.412.160.50
Return on Equity44.4945.1311.498.927.601.80
Return on Invested Capital1.0410.720.811.030.730.66
Quick Ratio8.517.5215.3115.9417.447.46
Current Ratio8.517.5215.3115.9417.447.46

Cash flow, quarterly

Currency USD, millions
Metric2027Q12026Q42026Q32026Q22026Q12025Q4
Funds from Operations392.71340.37268.11285.68249.87228.59
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-185.18-44.00118.65-111.66125.14-153.93
Cash from Operating Activities207.53296.37386.76174.02375.0174.66
Capital Expenditures-62.51-66.87-61.41-55.70-54.37-51.12
Net Assets From Acquisitions0.000.000.000.000.000.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.00
Purchase or Sale of Investments-425.55-111.494,389.74-1,309.66-85.75-401.11
Purchase of Investments-14,530.80-13,200.47-7,699.08-13,461.24-10,693.03-10,426.13
Sale Or Maturity of Investments14,105.2513,088.9912,088.8312,151.5810,607.2810,025.01
Other Uses-1.55-0.47-0.280.000.00-65.00
Other Sources0.060.070.160.080.0662.69
Cash from Investing Activities-489.55-1,198.47149.19-1,365.28-140.05-454.54
Cash Dividends Paid0.000.000.000.000.000.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock12.0716.2538.589.2794.8310.78
Repurchase of Common Pref Stock0.000.000.000.000.000.00
Sale of Common Pref Stock12.0716.2538.589.2794.8310.78
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net451.81923.40-133.241,258.24127.57438.71
Change in Long Term Debt451.81923.40-133.241,258.24127.57438.71
Issuance of Long Term Debt15,260.6510,720.3111,787.839,291.369,070.977,893.77
Reduction of Long Term Debt-14,808.84-9,796.91-11,921.06-8,033.12-8,943.40-7,455.07
Net Financing Active Other Cash Flow-44.70-74.01-57.97-80.93-112.31-62.23
Other Financing Activities Uses-44.70-74.01-57.97-80.93-112.31-62.23
Cash from Financing Activities419.18865.65-152.631,186.58110.09387.26
Exchange Rate Effect0.83-4.81-3.581.64-3.8613.08
Net Change in Cash137.99-41.26379.73-3.04341.1920.46
Free Cash Flow145.02229.50325.35118.31320.6523.54
Price to Free Cash Flow29.7728.7020.2441.9533.0739.36

Revenue breakdown

Merchant Network2025: 882.66M
Total Personal Credit Institutions revenue2026: 1.44B
Virtual Card Network2025: 231.31M
United States2025: 1.11B 2026: 1.44B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-306.13%17.5M285.4M4.21M
2026-10-156.11%17.3M283.9M4.34M
2026-09-306.30%17.9M283.9M4.25M
2026-09-155.74%16.3M283.9M4.37M
2026-08-315.52%15.7M283.7M4.35M
2026-08-145.14%14.5M281.3M4.06M
2026-07-315.47%15.4M281.3M4.60M
2026-07-155.95%16.7M281.3M4.86M
2026-06-306.87%19.3M281.3M5.04M
2026-06-156.57%18.5M281.3M5.15M
2026-05-296.72%18.9M281.2M5.36M
2026-05-156.72%18.9M281.2M5.63M
2026-04-306.84%19.1M279.4M6.34M
2026-04-156.63%18.5M279.4M6.45M
2026-03-316.12%17.1M279.2M6.57M
2026-03-135.84%16.3M279.2M6.41M
2026-02-276.34%17.7M279.2M6.17M
2026-02-136.42%17.9M279.2M5.94M
2026-01-305.30%14.6M276.3M5.44M
2026-01-155.73%15.8M276.4M5.36M

Option chain

expiry 2026-11-13
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call40.0024.1528.000.005.6210.000.000.997-0.0220.000
call45.0019.3022.9023.504.5321.000.000.988-0.0680.002
call50.0014.1517.6014.953.3989.003.000.985-0.0650.002
call53.0011.2014.6012.682.9004.004.000.976-0.0800.003
call54.0010.2013.9011.762.9375.004.000.974-0.0790.003
call55.009.9512.6011.292.57611.002.000.972-0.0780.004
call56.008.2011.6510.372.4475.004.000.947-0.1370.006
call57.008.0010.659.762.28556.007.000.932-0.1620.008
call58.007.009.708.842.15316.005.000.926-0.1570.008
call59.006.058.3517.731.7892.000.000.918-0.1510.009
call60.005.157.805.651.8797.002.000.883-0.1940.011
call61.004.256.900.001.7630.000.000.832-0.2550.015
call62.003.356.050.001.6630.000.000.764-0.3360.018
call63.002.954.750.001.3410.000.000.713-0.3580.020
call64.002.333.802.411.1846.007.000.660-0.3520.021
call65.001.972.372.440.80235.0042.000.596-0.3260.023
call66.001.372.261.400.98123.0016.000.514-0.3810.023
call67.001.191.501.390.84474.0032.000.435-0.3550.023
call68.000.750.960.960.76358.0026.000.349-0.3110.022
call69.000.480.940.590.89419858.000.312-0.3490.021
call70.000.350.570.400.8217933680.260-0.3280.019
call71.000.160.340.220.77813161.000.171-0.2220.015
call72.000.130.200.180.7533271110.108-0.1500.011
call73.000.050.180.090.81719646.000.085-0.1310.009
call74.000.000.140.050.84884.0028.000.067-0.1130.008
call75.000.020.050.030.76020235.000.030-0.0530.004
call76.000.000.060.030.82466418.000.028-0.0540.004
call77.000.000.450.010.88717016.000.026-0.0550.004
call78.000.010.020.010.76398.0064.000.007-0.0150.001
call79.000.000.250.070.88654.002.000.012-0.0280.002
call80.000.000.050.020.9397299.000.011-0.0280.002
call81.000.000.220.010.91262.003.000.006-0.0160.001
call82.000.000.610.011.04148.007.000.010-0.0290.002
call83.000.000.010.301.23134.002.000.019-0.0580.003
call84.000.000.920.261.05317.002.000.005-0.0160.001
call85.000.000.010.081.1461859.000.005-0.0160.001
call86.000.000.690.041.1431192.000.005-0.0170.001
call87.000.000.230.061.18712410.000.005-0.0170.001
call88.000.000.100.041.23013.002.000.005-0.0170.001
call89.000.000.560.061.27320.002.000.004-0.0170.001
call90.000.000.040.021.3141664.000.004-0.0170.001
call91.000.001.550.261.3557.002.000.004-0.0170.001
call92.000.002.130.221.39631.002.000.004-0.0170.001
call93.000.000.770.401.43626.001.000.004-0.0180.001
call94.000.001.350.011.47560.000.000.004-0.0180.001
call95.000.000.010.011.7332860.000.012-0.0530.002
call96.000.001.200.151.5523.000.000.004-0.0180.001
call97.000.002.130.081.5901150.000.004-0.0180.001
call98.000.001.800.361.6279.001.000.004-0.0180.001
call99.000.002.130.241.66466.000.000.004-0.0180.001
call1000.000.500.101.9222220.000.011-0.0540.002
call1010.001.960.191.73626.000.000.003-0.0180.001
call1020.001.350.161.7721.000.000.003-0.0180.001
call1050.001.350.391.87625.000.000.003-0.0180.001
put40.000.000.010.002.5810.000.00-0.012-0.0790.002
put45.000.000.160.391.9965.007.00-0.012-0.0630.002
put50.000.000.050.011.39715114.00-0.010-0.0390.002
put53.000.000.700.011.29276.000.00-0.024-0.0740.003
put54.000.000.900.231.1982.000.00-0.026-0.0730.003
put55.000.000.070.051.10437696.00-0.028-0.0720.004
put56.000.000.160.161.18814.000.00-0.053-0.1310.006
put57.000.010.340.111.1541076.00-0.068-0.1550.008
put58.000.010.280.111.046133161-0.074-0.1500.008
put59.000.040.210.120.938772388-0.082-0.1450.009
put60.000.110.270.200.889468362-0.117-0.1870.011
put61.000.250.370.270.856169140-0.168-0.2480.015
put62.000.310.620.790.89514336.00-0.236-0.3300.018
put63.000.420.850.820.88023064.00-0.286-0.3490.020
put64.000.610.980.940.787286168-0.340-0.3450.021
put65.001.071.431.250.8157181,057-0.404-0.3180.023
put66.001.322.021.870.86578081.00-0.486-0.3740.023
put67.001.692.682.760.91044038.00-0.565-0.3480.023
put68.002.103.303.200.9072769.00-0.651-0.3030.022
put69.002.684.454.251.125269122-0.688-0.3420.021
put70.003.656.255.181.63913798.00-0.740-0.3200.019
put71.004.006.356.241.34519.003.00-0.829-0.2140.015
put72.005.357.256.001.41547.003.00-0.892-0.1420.011
put73.006.258.156.931.47560.007.00-0.915-0.1230.009
put74.006.659.159.081.58413.002.00-0.933-0.1050.008
put75.007.5010.106.831.65926.000.00-0.970-0.0450.004
put76.008.4511.1010.441.75919.002.00-0.972-0.0460.004
put77.0010.2512.1011.341.85620.001.00-0.974-0.0470.004
put78.0010.4513.0510.481.91818.000.00-0.988-0.0190.002
put79.0011.4514.0511.472.00914.000.00-0.988-0.0190.002
put80.0013.3015.1011.182.1304.000.00-0.989-0.0190.002
put81.0013.1016.8512.112.6801.000.00-0.990-0.0190.002
put82.0014.5517.8515.252.7720.000.00-0.990-0.0200.002
put83.0015.9018.850.002.8610.000.00-0.995-0.0070.001
put84.0016.2019.8517.382.9481.001.00-0.995-0.0070.001
put85.0017.2020.8518.313.0331.001.00-0.995-0.0070.001
put86.0018.0021.8511.453.1160.000.00-0.995-0.0070.001
put87.0019.2522.8520.673.1981.002.00-0.995-0.0070.001
put88.0020.9523.8513.953.2770.000.00-0.995-0.0070.001
put89.0022.2524.8514.113.3550.000.00-0.996-0.0070.001
put90.0023.1025.8514.993.4320.000.00-0.996-0.0070.001
put91.0023.3026.8516.433.5070.000.00-0.996-0.0070.001
put92.0024.0527.8023.023.5480.000.00-0.996-0.0070.001
put93.0026.1528.8518.223.6530.000.00-0.996-0.0070.001
put94.0027.0529.8518.383.7240.000.00-0.996-0.0070.001
put95.0027.8530.8523.753.7930.000.00-0.996-0.0070.001
put96.0028.0531.8520.273.8610.000.00-0.996-0.0070.001
put97.0029.3032.850.003.9290.000.00-0.996-0.0070.001
put98.0031.2533.850.003.9950.000.00-0.996-0.0070.001
put99.0031.2534.8530.994.0600.000.00-0.996-0.0070.001
put10033.1035.8531.924.1240.000.00-0.997-0.0070.001
put10133.2536.8532.814.1870.000.00-0.997-0.0070.001
put10234.3037.850.004.2480.000.00-0.997-0.0070.001
put10537.0040.850.004.4300.000.00-0.997-0.0070.001

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-10144Filing for proposed sale of securities under Rule 144.SEC
2026-11-0510-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-11-058-KCurrent report2026-11-05SEC
2026-11-05SCHEDULE 13G/ASEC
2026-11-034Statement of changes in beneficial ownership of securities2026-11-02SEC
2026-10-23DEFA14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934SEC
2026-10-23DEF 14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 19342026-06-30SEC
2026-10-23ARSAnnual report to security holders. 2026-06-30SEC
2026-10-144Statement of changes in beneficial ownership of securities2026-10-09SEC
2026-10-09144Filing for proposed sale of securities under Rule 144.SEC
2026-09-184Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-184Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-184Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-184Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-164Statement of changes in beneficial ownership of securities2026-09-14SEC
2026-09-14144Filing for proposed sale of securities under Rule 144.SEC
2026-09-094Statement of changes in beneficial ownership of securities2026-09-04SEC
2026-09-04144Filing for proposed sale of securities under Rule 144.SEC
2026-09-03144Filing for proposed sale of securities under Rule 144.SEC
2026-09-034Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-09-034Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-09-034Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-09-034Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-09-034Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-09-02144Filing for proposed sale of securities under Rule 144.SEC
2026-09-01144Filing for proposed sale of securities under Rule 144.SEC
2026-09-01144Filing for proposed sale of securities under Rule 144.SEC
2026-09-014Statement of changes in beneficial ownership of securities2026-08-28SEC
2026-08-28144Filing for proposed sale of securities under Rule 144.SEC
2026-08-27S-8Initial registration statement for securities to be offered to employees pursuant to employee benefit plansSEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-10005.25M1
2026-090011.41M6
2026-08007.29M2
2026-070000
2026-06008.00M1
2026-0500130.00K1
2026-0400110.00K1
2026-030000
2026-020000
2026-010056.66M2
2025-1200573.23K1
2025-110000

Institutional holders

Manager% owned
Capital Research Global Investors7.76%
Capital World Investors6.90%
MORGAN STANLEY6.87%
BlackRock, Inc.5.86%
JPMORGAN CHASE & CO4.99%
FMR LLC4.07%
VANGUARD CAPITAL MANAGEMENT LLC3.68%
VANGUARD PORTFOLIO MANAGEMENT LLC3.55%
STATE STREET CORP1.90%
GEODE CAPITAL MANAGEMENT, LLC1.66%

Funds

Fund% owned
The Osterweis Strategic Income Fund16.95%
iShares Convertible Bond ETF5.84%
Growth Fund of America5.48%
Virtus Income & Growth Fund5.29%
Virtus Convertible Fund5.09%
State Street(R) SPDR(R) Bloomberg Convertible Securities ETF3.99%
NYLIM VP MacKay Convertible Portfolio3.58%
NYLIM MacKay Convertible Fund3.40%
AMCAP Fund3.26%
Lord Abbett Short Duration High Yield Fund2.82%

OakChart. AFRM. Cached 15 minutes.