Latest Ratios: P/E Ratio 9.6x · EV/EBITDA 5.5x · ROE 9.7%. (2019–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Market Cap | $817M | $277M | $154M | $84M | $173M | $384M | $132M | — |
| Enterprise Value | $1.1B | $561M | $425M | $401M | $520M | $632M | $265M | — |
| P/E Ratio → | 9.58 | 10.57 | 21.28 | — | 40.67 | 9.46 | 1.71 | — |
| P/S Ratio | 1.37 | 0.46 | 0.29 | 0.16 | 0.38 | 1.09 | 0.45 | — |
| P/B Ratio | 0.81 | 0.90 | 0.66 | 0.43 | 1.09 | 2.43 | 1.33 | — |
| P/FCF | 2.14 | 0.73 | 0.50 | 0.29 | 0.75 | 2.51 | 0.73 | — |
| P/OCF | 2.04 | 0.69 | 0.48 | 0.28 | 0.71 | 2.29 | 0.69 | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.94 | 0.81 | 0.79 | 1.15 | 1.80 | 0.91 | — |
| EV / EBITDA | 5.55 | 2.83 | 4.08 | 6.79 | 71.85 | 9.36 | 3.14 | — |
| EV / EBIT | 5.69 | 2.87 | 1.42 | 1.44 | 2.25 | 7.01 | 2.73 | — |
| EV / FCF | — | 1.47 | 1.37 | 1.40 | 2.26 | 4.13 | 1.46 | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 95.1% | 95.1% | 80.0% | 78.9% | 79.0% | 74.6% | 84.8% | 100.0% |
| Operating Margin | 32.4% | 32.4% | 18.0% | 9.1% | -1.4% | 16.3% | 26.6% | 30.8% |
| Net Profit Margin | 4.4% | 4.4% | 1.4% | -0.2% | 1.6% | 7.3% | 26.6% | 30.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| ROE | 9.7% | 9.7% | 3.4% | -0.6% | 4.5% | 19.9% | 113.3% | 88.1% |
| ROA | 3.8% | 3.8% | 1.2% | -0.2% | 1.3% | 6.5% | 27.1% | 11.5% |
| ROIC | 26.4% | 26.4% | 14.0% | 6.8% | -1.0% | 13.4% | 24.4% | — |
| ROCE | 30.9% | 30.9% | 16.7% | 8.6% | -1.3% | 16.7% | 30.2% | 12.2% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.08 | 1.08 | 1.42 | 1.80 | 2.28 | 1.74 | 1.59 | 5.98 |
| Debt / EBITDA | 1.68 | 1.68 | 3.19 | 5.91 | 50.23 | 4.06 | 1.88 | 6.79 |
| Net Debt / Equity | — | 0.92 | 1.16 | 1.64 | 2.18 | 1.58 | 1.33 | 5.53 |
| Net Debt / EBITDA | 1.43 | 1.43 | 2.60 | 5.37 | 47.99 | 3.69 | 1.57 | 6.28 |
| Debt / FCF | — | 0.74 | 0.87 | 1.11 | 1.51 | 1.63 | 0.73 | 1.46 |
| Interest Coverage | 4.97 | 4.97 | 1.64 | 5.94 | 6.57 | 658.71 | 5.02 | — |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 7.44 | 7.44 | 9.43 | 10.48 | 9.24 | 7.75 | 6.03 | 1.09 |
| Quick Ratio | 7.44 | 7.44 | 9.43 | 10.48 | 9.24 | 7.75 | 6.03 | 1.09 |
| Cash Ratio | 0.58 | 0.58 | 1.03 | 0.62 | 0.29 | 0.43 | 0.58 | 1.09 |
| Asset Turnover | — | 0.79 | 0.82 | 0.85 | 0.78 | 0.70 | 1.02 | 0.37 |
| Inventory Turnover | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 333.94 | 330.14 | 333.72 | 370.71 | 404.09 | 278.75 | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 25.8% | 23.4% | 1.5% | 12.2% | 0.8% | 13.3% | 11.9% | — |
| Payout Ratio | 246.5% | 246.5% | 32.7% | — | 18.4% | 199.7% | 20.4% | 28.7% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 10.4% | 9.5% | 4.7% | — | 2.5% | 10.6% | 58.6% | — |
| FCF Yield | 46.8% | 137.8% | 201.4% | 342.2% | 133.2% | 39.9% | 137.3% | — |
| Buyback Yield | 1.9% | 5.6% | 2.3% | 0.0% | 1.4% | 0.0% | 0.0% | — |
| Total Shareholder Yield | 27.7% | 29.0% | 3.8% | 12.2% | 2.2% | 13.3% | 11.9% | — |
| Shares Outstanding | — | $27M | $20M | $16M | $84M | $84M | $13M | $13M |
Regulatory and credit volatility
Based on reported figures, OppFi trades at a forward P/E of 5.17, which represents a significant discount to peers like Enova International, suggesting that the market is pricing in substantial regulatory uncertainty regarding the company's bank-partner model rather than purely reflecting its current earnings growth trajectory.
The low valuation multiple appears to reflect investor skepticism regarding the sustainability of current yield levels in the face of potential CFPB intervention. While the forward P/E suggests an attractive entry point, this valuation is likely contingent on the company's ability to maintain its current operating margins despite potential legislative headwinds.
As reported in financial statements, OppFi's ROIC has trended upward from 1.3% in 2023Q4 to 8.3% in 2026Q1, indicating that the platform is becoming more effective at generating returns on its invested capital as it scales its proprietary credit decisioning engine and optimizes its loan portfolio.
The improvement in ROIC suggests that the company is successfully balancing its growth ambitions with the need for disciplined capital deployment. Investors should monitor whether this trend continues as the company shifts its focus toward the lower-risk SalaryTap product, which may carry different return characteristics than the core installment loan business.
According to recent SEC filings, OppFi's asset turnover has remained consistently low at approximately 0.22 over the last ten quarters, reflecting the capital-intensive nature of maintaining a loan portfolio on the balance sheet despite the company's positioning as a technology-driven platform for consumer credit.
The lack of improvement in asset turnover suggests that the company's growth is still heavily tied to the expansion of its loan book rather than purely fee-based platform revenue. This indicates that operational efficiency gains are currently being driven by margin management rather than a fundamental shift in the velocity of its capital.
Based on the provided data, the headline gross margin of 95.9% is frequently misapplied by investors as a proxy for profitability, failing to account for the critical costs of credit provisions and interest expense that are inherent to the company's subprime lending business model.
Analysts should prioritize the Net Interest Margin after Provision (NIMAC) to gain a more accurate understanding of the company's true unit economics. Relying on the reported gross margin obscures the volatility of credit losses, which is the most significant driver of the company's actual bottom-line performance.
Includes 30+ ratios · 7 years · Updated daily
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying OPFI stock.
OppFi Inc.'s current P/E ratio is 9.6x. The historical average is 16.7x. This places it at the 40th percentile of its historical range.
OppFi Inc.'s current EV/EBITDA is 5.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 16.3x.
OppFi Inc.'s return on equity (ROE) is 9.7%. The historical average is 34.0%.
Based on historical data, OppFi Inc. is trading at a P/E of 9.6x. This is at the 40th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
OppFi Inc.'s current dividend yield is 25.83% with a payout ratio of 246.5%.
OppFi Inc. has 95.1% gross margin and 32.4% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
OppFi Inc.'s Debt/EBITDA ratio is 1.7x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.