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KPLTKatapult Holdings, Inc.
$7.61$36M
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  4. Financial Ratios

Katapult Holdings, Inc. (KPLT) Financial Ratios

Latest Ratios: P/E Ratio -69.2x · EV/EBITDA 0.5x · ROE N/A. (2018–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

KPLT Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Market Cap$36M$32M$29M$45M$94M$272M$399M$311M—
Enterprise Value$93M$89M$139M$113M$135M$281M$444M$366M—
P/E Ratio →-69.18————12.9626.04——
P/S Ratio0.120.110.120.200.450.901.613.39—
P/B Ratio—————6.66———
P/FCF—————371.96———
P/OCF—————125.36———

P/E links to full P/E history page with 30-year chart

KPLT EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
EV / Revenue—0.310.560.510.640.931.803.99—
EV / EBITDA0.480.461.051.051.521.972.999.72—
EV / EBIT3.214.016.7811.09—7.3512.13——
EV / FCF—————384.84———

KPLT Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Gross Margin-28.9%-28.9%18.5%18.8%17.9%29.4%32.3%22.5%12.8%
Operating Margin9.9%9.9%-3.3%-8.5%-13.6%-0.5%14.9%-10.2%-30.3%
Net Profit Margin0.5%0.5%-10.5%-16.5%-19.3%7.0%9.1%-20.5%-54.5%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
ROE————-209.0%106.4%———
ROA1.4%1.4%-26.7%-31.8%-27.3%13.9%23.9%-53.7%-111.8%
ROIC39.6%39.6%-11.7%-35.3%-47.8%-2.6%73.4%-32.1%—
ROCE——-124.2%-27.1%-24.7%-1.2%50.7%-50.6%-92.3%

KPLT Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Debt / Equity—————2.50———
Debt / EBITDA0.410.410.850.841.200.720.751.662.93
Net Debt / Equity—————0.23———
Net Debt / EBITDA0.290.290.830.640.460.070.301.462.81
Debt / FCF—————12.88———
Interest Coverage1.081.081.090.57-1.102.322.69-1.19—

KPLT Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Current Ratio0.890.890.652.312.5310.208.041.872.99
Quick Ratio0.890.890.652.312.5310.208.041.872.99
Cash Ratio0.190.190.020.511.315.743.790.290.21
Asset Turnover—2.702.652.201.611.821.771.872.05
Inventory Turnover—————————
Days Sales Outstanding———8.24—2.422.423.679.42

KPLT Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Dividend Yield—————————
Payout Ratio—————————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Earnings Yield—————7.7%3.8%——
FCF Yield—————0.3%———
Buyback Yield1.6%1.8%2.1%0.8%0.4%0.0%0.0%0.0%—
Total Shareholder Yield1.6%1.8%2.1%0.8%0.4%0.0%0.0%0.0%—
Shares Outstanding—$5M$4M$4M$4M$3M$1M$1M$318587

Key Metrics

Growth RegimeExpanding
ProfitabilityStrained
Balance SheetVulnerable
Cash FlowMixed
Top Statement Risk

Asset impairment and liquidity

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Distressed Valuation Reflects Operational Uncertainty

As reported in recent financial data, KPLT trades at a P/S multiple of 0.11 and an EV/EBITDA of 0.46, suggesting that the market is pricing the company as a distressed turnaround play rather than a growth-oriented fintech entity within the competitive lease-to-own landscape.

The extremely low valuation multiples indicate that investors are heavily discounting the company's future cash flows due to persistent profitability concerns. This pricing suggests the market remains skeptical of the company's ability to achieve sustainable margins, effectively treating the equity as a high-risk option on the durability of its subprime lease portfolio.

Capital Efficiency Hindered by Impairments

Based on the provided quarterly figures, KPLT's ROIC has fluctuated significantly, reaching 10.1% in 2026Q1 after periods of deep negative returns, which highlights the extreme sensitivity of capital compounding to the underlying performance of the lease-to-own asset base.

The volatility in ROIC suggests that the company struggles to maintain a consistent return on its invested capital, largely driven by the cyclical nature of asset impairments. Investors should monitor whether the recent improvement in returns is a structural shift or merely a temporary reprieve from high write-down cycles.

Working Capital Intensity Constrains Growth

According to historical financial statements, KPLT's asset turnover remains low, hovering around 0.75 in 2026Q1, which indicates that the company requires a substantial and growing asset base to generate each dollar of revenue in its lease-to-own business model.

This low turnover ratio implies that the company is capital-intensive, requiring constant reinvestment to maintain its revenue footprint. The lack of significant improvement in asset velocity suggests that the company has yet to achieve the operational leverage necessary to decouple revenue growth from the rapid consumption of working capital.

Misleading Reliance on Headline Revenue

As evidenced by the company's unique lease-to-own accounting, the most commonly misapplied metric is traditional revenue, which obscures the true economic reality of the business by failing to account for the high depreciation and impairment costs inherent in the lease portfolio.

Analysts should prioritize cash-based metrics or adjusted EBITDA over headline revenue, as the latter does not reflect the actual cash recovery from lease agreements. Relying on standard revenue figures may lead to an overestimation of the company's earning power, as it ignores the significant capital drag caused by asset depreciation.

Download Financial Ratios Data

Includes 30+ ratios · 8 years · Updated daily

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KPLT — Frequently Asked Questions

Quick answers to the most common questions about buying KPLT stock.

What is Katapult Holdings, Inc.'s P/E ratio?

Katapult Holdings, Inc.'s current P/E ratio is -69.2x. The historical average is 19.5x.

What is Katapult Holdings, Inc.'s EV/EBITDA?

Katapult Holdings, Inc.'s current EV/EBITDA is 0.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 2.7x.

Is KPLT stock overvalued?

Based on historical data, Katapult Holdings, Inc. is trading at a P/E of -69.2x. Compare with industry peers and growth rates for a complete picture.

What are Katapult Holdings, Inc.'s profit margins?

Katapult Holdings, Inc. has -28.9% gross margin and 9.9% operating margin.

How much debt does Katapult Holdings, Inc. have?

Katapult Holdings, Inc.'s Debt/EBITDA ratio is 0.4x, indicating low leverage. A ratio below 2x is generally considered financially healthy.