Affirm Holdings, Inc. Financial Ratios — AFRM Stock

Profitability (USD)

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	06/30/2019	06/30/2020	06/30/2021	06/30/2022	06/30/2023	06/30/2024	06/30/2025	06/30/2026

Return on Common Equity (%)	- -	- -	- -	-27.24	-38.25	-19.66	1.8	45.13
Return on Assets (%)	- -	-8.83	-14.07	-11.95	-13.03	-5.86	0.5	14.32
Return on Capital (%)	- -	- -	- -	- -	- -	- -	4.08	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	-0.73	- -
Gross Margin (%)	58.87	66.2	62.9	57.28	45.01	63.62	67.51	68.07
EBITDA Margin (%)	-46.21	-19.3	-41.78	-60.28	-67.14	-19.23	4.27	16.9
Operating Margin (%)	-38.41	-14.81	-38.02	-59.02	-61.84	-11.4	10.48	20.44
Incremental Operating Margin (%)	- -	10.63	- -	- -	- -	97.57	66.87	51.41
Pretax Margin (%)	-45.55	-22.02	-50.93	-53.72	-62.3	-22.19	1.91	11.56
Profit Margin (%)	-45.56	-22.1	-50.67	-52.43	-62.05	-22.29	1.62	45.29
Net Income to Common Margin (%)	-45.56	-22.1	-50.67	-52.43	-62.05	-22.29	1.62	45.29
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	15.1	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	-27.24	-38.25	-19.66	1.8	45.13

Credit (USD)

Credit Ratios API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	06/30/2019	06/30/2020	06/30/2021	06/30/2022	06/30/2023	06/30/2024	06/30/2025	06/30/2026

Total Debt	586	917	1,982	4,144	5,451	6,614	7,853	10,023
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	586	917	1,982	4,144	5,451	6,614	7,853	10,023
Total Debt/EBITDA	-4.8	-9.33	-5.45	-5.1	-5.11	-14.8	56.99	13.91
Net Debt/EBITDA	-2.17	-6.61	-1.21	-3.47	-4.23	-12.45	46.93	11.61
Total Debt/EBIT	-4.6	-8.51	-5.17	-4.78	-4.54	-10.74	-89.99	24.04
Net Debt/EBIT	-2.08	-6.03	-1.15	-3.26	-3.75	-9.03	-74.1	20.06
EBITDA to Interest Expense	-4.72	-3.04	-6.9	-11.67	-5.83	-1.3	0.32	1.59
EBITDA-CapEx/Interest Expense	-5.54	-3.69	-7.29	-13.27	-6.49	-1.76	-0.13	1.06
EBIT to Interest Expense	-3.92	-2.34	-6.28	-11.43	-5.37	-0.77	0.79	1.92
Interest Expense	26	32	53	70	183	344	425	454
Common Equity/Total Assets	-22.94	-26.18	52.92	37.54	31.07	28.7	27.51	34.73
Long-Term Debt/Equity (%)	- -	- -	76.97	158.27	215.1	242.11	255.89	182.77
Long-Term Debt/Capital (%)	181.67	166.74	43.49	61.28	68.26	70.77	71.9	64.64
Long-Term Debt/Total Assets (%)	51.02	65.41	40.73	59.42	66.84	69.48	70.4	63.48
Total Debt/Equity (%)	-222.45	-249.84	76.97	158.27	215.1	242.11	255.89	182.77
Total Debt/Capital (%)	181.67	166.74	43.49	61.28	68.26	70.77	71.9	64.64
Total Debt/Total Assets (%)	51.02	65.41	40.73	59.42	66.84	69.48	70.4	63.48
Net Debt to Equity	-100.79	-177.09	17.11	107.82	177.83	203.58	210.72	152.51
Net Debt/Capital (%)	12,697.51	229.72	14.26	51.26	63.53	66.74	67.59	60.27
EBITDA	-122	-98	-364	-813	-1,066	-447	138	720
EBITDA-CapEx	-143	-119	-384	-925	-1,187	-606	-54	482
Operating Income (Loss)	-102	-75	-331	-796	-982	-265	338	871

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	06/30/2019	06/30/2020	06/30/2021	06/30/2022	06/30/2023	06/30/2024	06/30/2025	06/30/2026

Cash Ratio	16.22	7.36	13.71	26.62	22.27	17.16	12.36	11.22
Current Ratio	54.7	36.91	35.83	53.02	74.34	65.7	54.16	55.07
Quick Ratio	52.41	34.93	32.4	49.88	69.84	63.04	51.53	51.24
CFO/Avg Current Liab	- -	-2.54	-2.67	-1.51	0.12	4.13	5.2	5.97
Common Equity/Total Assets	-22.94	-26.18	52.92	37.54	31.07	28.7	27.51	34.73
Long-Term Debt/Equity (%)	- -	- -	76.97	158.27	215.1	242.11	255.89	182.77
Long-Term Debt/Capital (%)	181.67	166.74	43.49	61.28	68.26	70.77	71.9	64.64
Long-Term Debt/Total Assets (%)	51.02	65.41	40.73	59.42	66.84	69.48	70.4	63.48
Total Debt/Equity (%)	-222.45	-249.84	76.97	158.27	215.1	242.11	255.89	182.77
Total Debt/Capital (%)	181.67	166.74	43.49	61.28	68.26	70.77	71.9	64.64
Total Debt/Total Assets (%)	51.02	65.41	40.73	59.42	66.84	69.48	70.4	63.48
CFO/Total Liabilities	-6.21	-4.03	-8.43	-3.72	0.22	6.63	9.82	11.94
CFO/CapEx	-4.12	-3.39	-9.54	-1.45	0.1	2.83	4.13	5.16
Altman's Z-Score	- -	- -	- -	1.28	0.86	1.58	2.71	2.94

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	06/30/2019	06/30/2020	06/30/2021	06/30/2022	06/30/2023	06/30/2024	06/30/2025	06/30/2026

Accounts Receivable Turnover	- -	9.98	11.56	11.55	9.31	8.41	8.28	11.99
Days Sales Outstanding	- -	36.57	31.57	31.6	39.21	43.38	44.1	30.43
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	06/30/2019	06/30/2020	06/30/2021	06/30/2022	06/30/2023	06/30/2024	06/30/2025	06/30/2026

Market Capitalization	- -	- -	- -	5,677	4,503	9,357	21,820	27,329
- Cash & Cash Equivalents	320	267	1,467	1,255	892	1,013	1,354	1,630
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	586	917	1,982	4,144	5,451	6,614	7,853	10,023
Enterprise Value	- -	- -	- -	6,970	7,887	13,826	27,448	34,749
Total Capital	323	550	4,558	6,762	7,985	9,346	10,922	15,507
Total Debt/Capital (%)	181.67	166.74	43.49	61.28	68.26	70.77	71.9	64.64
Total Debt / EV	- -	- -	- -	0.59	0.69	0.48	0.29	0.29
EV/Sales	- -	- -	- -	5.17	4.97	5.95	8.51	8.15
EV/EBITDA	- -	- -	- -	- -	- -	- -	199.18	48.24
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	83.33
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	23.76	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	28.5	- -
Diluted Market Cap	- -	- -	- -	5,565	4,480	9,321	22,888	494,916
Diluted Enterprise Value	- -	- -	- -	6,859	7,864	13,790	28,516	502,336
EV per Share	- -	- -	- -	24.26	26.57	44.45	84.43	103.06
TTM Sales	264	510	870	1,349	1,588	2,323	3,224	4,261
TTM EBITDA	-122	-98	-364	-813	-1,066	-447	138	720
TTM Operating Income	-102	-75	-331	-796	-982	-265	338	871
TTM Cash Flow to Firm	- -	- -	- -	- -	- -	- -	1,155	- -
TTM Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	963	- -

Multiples (USD)

Valuation Multiples API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	06/30/2019	06/30/2020	06/30/2021	06/30/2022	06/30/2023	06/30/2024	06/30/2025	06/30/2026

Price/Free Cash Flow	- -	- -	- -	-20.32	-41.25	32.05	38.04	498.59
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	83.33
Enterprise Value	- -	- -	- -	6,970	7,887	13,826	27,448	34,749
Low Price	- -	- -	- -	14.28	8.77	12.94	24.24	43.99
EV/Sales	- -	- -	- -	5.17	4.97	5.95	8.51	8.15
EV/EBITDA	- -	- -	- -	- -	- -	- -	199.18	48.24
Price/Earnings	- -	- -	- -	- -	- -	- -	415.22	246.4
Price/Earnings Average	- -	- -	- -	- -	- -	- -	309.98	209.12
Price/Earnings High	- -	- -	- -	- -	- -	- -	503.26	281.09
Price/Earnings Low	- -	- -	- -	- -	- -	- -	149.98	133.74
Price/Book Value	- -	- -	- -	2.17	1.78	3.42	7.11	4.98
Price/Book Value Average	- -	- -	- -	7.12	1.84	3.41	5.31	4.23
Price/Book Value High	- -	- -	- -	18.78	4.78	5.96	8.62	5.69
Price/Book Value Low	- -	- -	- -	1.57	1.03	1.47	2.57	2.7
Price/Tangible Book Value	- -	- -	- -	2.84	2.3	4.28	8.65	5.54
Price/Tangible Book Value Average	- -	- -	- -	9.32	2.39	4.27	6.46	4.7
Price/Tangible Book Value High	- -	- -	- -	24.58	6.18	7.45	10.49	6.32
Price/Tangible Book Value Low	- -	- -	- -	2.05	1.33	1.84	3.13	3.01
Price/Sales	- -	- -	- -	4.12	2.82	4.01	6.72	111.59
Price/Sales Average	- -	- -	- -	13.54	2.93	4	5.02	94.71
Price/Sales High	- -	- -	- -	35.72	7.58	6.98	8.15	127.3
Price/Sales Low	- -	- -	- -	2.98	1.63	1.73	2.43	60.57
Price/Cash Flow	- -	- -	- -	-34.31	367.77	20.71	27.29	386.27
Price/Cash Flow Average	- -	- -	- -	-112.64	381.67	20.63	20.38	327.84
Price/Cash Flow High	- -	- -	- -	-297.14	988.55	36.01	33.08	440.66
Price/Cash Flow Low	- -	- -	- -	-24.8	212.75	8.91	9.86	209.66
Price/Free Cash Flow Average	- -	- -	- -	-66.7	-42.81	31.92	28.4	423.17
Price/Free Cash Flow High	- -	- -	- -	-175.95	-110.89	55.73	46.1	568.79
Price/Free Cash Flow Low	- -	- -	- -	-14.68	-23.86	13.79	13.74	270.62
EV/Sales Average	- -	- -	- -	14.77	5.07	5.94	6.8	7.18
EV/Sales High	- -	- -	- -	37.39	9.75	8.93	9.95	9.06
EV/Sales Low	- -	- -	- -	4	3.77	3.66	4.19	5.22
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	159.05	42.5
EV/EBITDA High	- -	- -	- -	- -	- -	- -	232.76	53.58
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	98.03	30.89
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	73.42
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	92.56
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	53.37
Last Price	- -	- -	- -	19.76	15.17	30.08	67.12	81.05
High Price	- -	- -	- -	171.08	40.77	52.31	81.35	92.46
Enterprise Value Average	- -	- -	- -	19,931	8,057	13,791	21,917	30,615
Enterprise Value High	- -	- -	- -	50,456	15,487	20,740	32,075	38,596
Enterprise Value Low	- -	- -	- -	5,396	5,989	8,495	13,509	22,253

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	06/30/2019	06/30/2020	06/30/2021	06/30/2022	06/30/2023	06/30/2024	06/30/2025	06/30/2026

Shares Outstanding	243	243	269	287	297	311	325	337
Diluted Weighted Avg Shares	210	210	159	282	295	310	341	6,106
Basic Weighted Avg Shares	206	206	158	282	295	310	323	5,867
Revenue per Share	1.28	2.47	5.5	4.79	5.38	7.5	9.99	0.73
EBITDA per Share	-0.59	-0.48	-2.3	-2.89	-3.61	-1.44	0.43	0.12
Operating Income per Share	-0.49	-0.37	-2.09	-2.83	-3.32	-0.85	1.05	0.15
Basic EPS, GAAP	-0.58	-0.55	-2.78	-2.51	-3.34	-1.67	0.16	0.33
Basic EPS from Cont Ops	-0.58	-0.55	-2.78	-2.51	-3.34	-1.67	0.16	0.33
Diluted EPS, GAAP	-0.57	-0.54	-2.77	-2.51	-3.34	-1.67	0.15	0.32
Diluted EPS from Cont Ops	-0.57	-0.54	-2.77	-2.51	-3.34	-1.67	0.15	0.32
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	-0.42	-0.35	-1.22	-0.58	0.04	1.45	2.46	0.21
Free Cash Flow per Basic Share	-0.53	-0.45	-1.35	-0.97	-0.37	0.94	1.86	0.17
Cash & Equivalents per Share	1.32	1.1	5.5	9.92	6.96	6.9	6.85	7.72
Book Value per Share	-1.09	-1.51	9.56	9.11	8.54	8.78	9.44	16.26
Tangible Book Value per Share	-1.09	-1.53	7.39	6.96	6.59	7.02	7.76	14.63