Robinhood Markets (HOOD) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Robinhood Markets

NasdaqGS•Financial Services•Capital Markets

$119.20+9.39(0.09%)Market open

Market Cap

$98.00B

P/E

47.3x

P/S

19.9x

P/B

10.3x

Robinhood Markets, Inc. operates financial services platform in the United States. The company's platform allows users to invest in stocks, exchange-traded funds (ETFs), and American depository receipts. It offers fractional trading, recurring investments, access to investing on margin, fully-paid securities lending, cash sweep, instant withdrawals, retirement program, around-the-clock trading, joint investing accounts, event contracts, future contract services, and short selling. The company also provides various learning and education solutions comprise Snacks, an accessible digest of business news stories for a new generation of investors; Learn, which is an online collection of guides, feature tutorials, and financial dictionary; Newsfeeds that offer access to free, premium news from sites from various sites, such as Barron's, Reuters, and Dow Jones. In addition, the company offers In-App Education, a resource that covers investing fundamentals, including why people invest, a stock market overview, and tips on how to define investing goals, as well as allows customers to understand the basics of investing before their first trade; and Crypto Learn and Earn, an educational module available to various crypto customers through Robinhood Learn to teach customers the basics related to cryptocurrency. Further, it provides Robinhood credit cards, cash card and spending accounts, and wallets. Robinhood Markets, Inc. was incorporated in 2013 and is headquartered in Menlo Park, California.

How this company scores

GoodMetricSide Score: 77/100

Strongest: Profitability (25/25); weakest: Cash & Earnings Quality (13/25).

Profitability25/25

Growth24/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality13/25

Strengths

Growing revenueStrong marginsHigh ROERising earnings

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 47.3x5y range 23.2x – 133.8x

Currently near its 10-quarter median.

P/S · 19.9x5y range 4.0x – 28.9x

Currently above its 18-quarter median.

P/B · 10.3x5y range 1.0x – 14.2x

Currently above its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Cash Burn

Watch

FCF turned negative in 3 of the last 8 quarters — occasional cash consumption.

Price & Volume

Market Cap $98.00B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $4.93B
Q. Revenue: $1.31B
TTM EBITDA: $2.40B
TTM Op. Income: $2.27B
Q. Op. Income: $574.00M
TTM Net Income: $2.07B
Q. Net Income: $561.00M
EPS: $0.62
Shares Out.: $899.00M

$4.93B in TTM revenue grew 38.3% YoY, reaching $1.31B last quarter. TTM EBITDA of $2.40B and TTM operating income of $2.27B show growth is flowing through to the bottom line. TTM net income of $2.07B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 45.6%
Op. Margin: 43.9%
Net Margin: 42.9%

Op. margin of 43.9% is down 0.5% YoY — costs are rising relative to revenue. Net margin at 42.9% Over the past year, operating margin is down 1% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 47.3x
P/S Ratio: 19.9x
P/B Ratio: 10.3x

At 47.3x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 19.9x and P/B of 10.3x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 2% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $56.55B
Cash: $5.36B
Long-Term Debt: N/A
Book Value: $9.54B
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $720.00M
TTM Free Cash Flow: $245.00M
FCF Margin: 5.0%
FCF / Net Income: 0.1

TTM FCF of $245.00M on $720.00M in operating cash flow. The FCF / Net Income ratio of 0.1x means cash covers only part of net income — earnings quality needs attention. Over the past year, free cash flow is down 95% — a weakening trend.