Saturday 17 October 2026 Export BFH’s income statement to Excel — free account

Bread Financial Holdings, Inc.

Bread Financial Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.7 billion, down 1.90% from fiscal 2024. In the quarter to June 2026, revenue grew 3.39%, EPS grew 21.9%, free cash flow grew 1.93% and total debt fell 22.3%, each against the same quarter a year earlier. Dividend growth for five consecutive years; insiders bought in the last twelve months.

102.56 1.25 +1.23%

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Market cap: $3.9B
P/E: 7.9×
Fwd P/E: 8.2×
Dividend yield: 0.90%
F-score: 7/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.06

Total sells 2.51

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	1	—	—	—	1	—
Sell	—	—	—	—	—	1	1	—	1	—	—	—

Insider Ownership 6.69%

Capital & Financial Ratios $m

Market Cap 3,890.00

Revenue 4,751.00

Net Income 570.00

Free Cash Flow 2,170.00

Net Debt (16,800.00)

Current Ratio 1.17

Debt/Equity 0.98

P/E ratio 7.91

Fwd P/E 8.20

P/S ratio 0.86

P/B ratio 1.22

Past 5Y EPS Growth 19.55%

This Y EPS Growth 1.05%

Next Y EPS Growth 12.52%

Next Y revenue growth (14.52%)

Next 5Y EPS Growth 9.80%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 45.52%

10-year low 10-year high

P/S against its own 10 years 51.82%

10-year low 10-year high

P/B against its own 10 years 40.10%

10-year low 10-year high

Dividends

Payout Ratio 0.07

Annual Dividend Rate 0.92

Annual Dividend Yield 0.90%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	0.93	0.23 0.23 0.23
2025	0.86	0.21 0.21 0.21 0.23
2024	0.84	0.21 0.21 0.21 0.21
2023	0.84	0.21 0.21 0.21 0.21
2022	0.84	0.21 0.21 0.21 0.21
2021	0.71	0.17 0.17 0.17 0.21
2020	1.01	0.50 0.17 0.17 0.17
2019	2.01	0.50 0.50 0.50 0.50
2018	1.82	0.45 0.45 0.45 0.45
2017	1.66	0.42 0.42 0.42 0.42
2016	0.42	0.42

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	20,595	20,334	20,303	20,085
Receivables	—	—	—	—
Inventory	—	—	—	—
Other	—	—	—	—
	20,595	20,334	20,303	20,085

	2023	2024	2025	Q'26
Payables	—	—	—	—
ST’ Debt	3,898	4,558	3,422	2,447
Other	13,620	13,082	13,916	14,732
	17,518	17,640	17,338	17,179

Compound Annual Growth %

	10y	5y	3y
Sales	(3.11%)	4.34%	2.75%
Cash Flow	1.74%	2.13%	4.22%
Earnings	(0.62%)	19.34%	32.44%
Book Value	5.17%	16.93%	13.67%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	1,211	1,188	—	—	—
’25	1,195	1,149	1,181	1,171	4,696
’24	1,239	1,175	1,219	1,154	4,787
’23	1,277	1,157	1,250	1,254	4,938
’22	1,000	988	1,112	1,229	4,329
’21	909	864	942	930	3,645
’20	1,382	979	1,051	385	3,797

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	487	533	—	—	—
’25	393	526	605	568	2,092
’24	447	477	456	479	1,859
’23	398	343	629	617	1,987
’22	497	246	608	497	1,848
’21	517	216	475	335	1,543
’20	573	495	421	394	1,883

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	480	529	—	—	—
’25	388	519	597	564	2,068
’24	430	468	453	472	1,823
’23	387	337	619	596	1,939
’22	474	222	597	483	1,776
’21	505	193	451	314	1,463
’20	557	485	409	378	1,829

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	4.15	3.55	—	—	—
’25	2.78	2.94	3.96	1.16	10.89
’24	2.70	2.66	0.05	0.14	5.49
’23	9.08	0.95	3.42	0.87	14.34
’22	4.20	0.25	2.69	(2.68)	4.46
’21	5.74	5.47	4.47	0.34	16.02
’20	0.63	0.81	2.79	0.25	4.46

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	140.97	166.80	113.79	79.17	16.37	52.10	28.85	23.19	28.00	38.21	Analyst estimates 2026–2028 Powerpack
	High	220.22	212.49	222.13	146.01	92.27	102.28	75.60	44.52	66.71	78.98
People
People	Employees	17,000	20,000	20,000	8,500	8,000	6,000	7,500	7,000	6,000	6,000
	Revenue/emp, $m	0.42	0.27	0.28	0.55	0.47	0.61	0.58	0.71	0.80	0.78
Income, $m
Income, $m	Revenue	7,138	5,475	5,667	4,688	3,797	3,645	4,329	4,938	4,787	4,696
	Gross margin, %	40.08	54.89	55.23	100.00	100.00	100.00	100.00	100.00	100.00	100.00
	EBT	837	1,063	1,215	662	301	1,044	300	968	381	615
	EBT margin, %	11.73	19.41	21.44	14.12	7.93	28.64	6.93	19.60	7.96	13.10
	Net income	518	789	963	278	214	801	223	718	277	518
	Depreciation	547	542	535	533	294	229	223	234	203	171
Per share, $
Per share, $	Revenue	121.81	98.29	103.22	93.76	79.44	73.34	86.75	99.16	96.51	100.34
	Earnings	7.37	14.17	17.56	6.02	4.47	16.09	4.47	14.39	5.58	11.07
	Cash flow	36.30	46.66	50.18	24.36	39.39	31.05	37.03	39.90	37.48	44.70
	Capex	(3.53)	(4.05)	(3.64)	(2.84)	(1.13)	(1.61)	(1.44)	(0.96)	(0.73)	(0.51)
	Free cash flow	32.77	42.62	46.54	21.52	38.26	29.44	35.59	38.94	36.75	44.19
	Book value	28.30	33.31	42.48	31.77	31.84	41.97	45.39	58.59	61.51	71.09
	Shares, m	59	56	55	50	48	50	50	50	50	47
Valuation, ×
Valuation, ×	P/E	25.34	14.35	6.81	14.90	13.20	4.13	8.49	2.30	10.92	6.77
	P/S	1.53	2.07	1.16	0.96	0.74	0.91	0.44	0.33	0.63	0.74
	P/B	6.57	6.12	2.82	2.82	1.86	1.59	0.84	0.56	0.99	1.04
	EV/Sales	4.20	6.02	4.93	4.88	2.25	2.11	1.39	(2.77)	(2.45)	(2.67)
	EV/FCF	15.62	13.89	10.93	21.27	4.67	5.26	3.38	(7.04)	(6.44)	(6.06)
Cash, $m
Cash, $m	Operating cash flow	2,127	2,599	2,755	1,218	1,883	1,543	1,848	1,987	1,859	2,092
	Capex	(207)	(225)	(200)	(142)	(54)	(80)	(72)	(48)	(36)	(24)
	Free cash flow	1,920	2,374	2,555	1,076	1,829	1,463	1,776	1,939	1,823	2,068
Balance, $m
Balance, $m	Working capital	10,360	14,559	13,228	12,241	2,069	2,133	2,851	3,077	2,694	2,965
	Total debt	20,949	25,818	25,171	22,286	8,516	7,439	8,007	5,292	5,557	4,308
	Net debt	19,090	21,628	21,353	18,411	5,720	4,393	4,116	(15,303)	(14,777)	(15,995)
	Shareholders’ equity	1,658	1,855	2,332	1,588	1,522	2,086	2,265	2,918	3,051	3,327
Returns, %
Returns, %	ROA	2.16	2.81	3.15	0.95	0.87	3.62	0.95	2.96	1.20	2.27
	ROIC	3.81	4.04	4.64	11.46	25.36	26.35	31.90	0.00	0.00	0.00
	ROE	28.12	44.90	46.00	13.72	13.76	44.40	10.25	27.71	9.28	16.24

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
OMF OneMain Holdings, Inc.	$6.4B	8.4×	7.6×	+7.19% (above 0%: growing)	−5.71% (below 0%: shrinking)	+3.36% (above 0%: growing)	79.93%	0.00%	Compare
CACC Credit Acceptance Corporation	$5.7B	11.7×	10.5×	+0.62% (above 0%: growing)	+71.79% (above 0%: growing)	+120.88% (above 0%: growing)	100.00%	50.07%	Compare
KLAR Klarna Group plc	$5.1B	— (loss-making)	8.2×	+26.61% (above 0%: growing)	n/m	−129.24% (below 0%: shrinking)	61.23%	2.59%	Compare
NNI Nelnet, Inc.	$4.6B	15.3×	15.0×	−22.95% (below 0%: shrinking)	−62.78% (below 0%: shrinking)	−52.33% (below 0%: shrinking)	79.01%	0.00%	Compare
SEZL Sezzle Inc.	$4.5B	27.0×	22.8×	+51.65% (above 0%: growing)	+47.56% (above 0%: growing)	+131.47% (above 0%: growing)	82.87%	36.72%	Compare
ENVA Enova International, Inc.	$4.4B	12.4×	11.3×	+21.58% (above 0%: growing)	+40.20% (above 0%: growing)	+21.85% (above 0%: growing)	61.15%	25.53%	Compare
SLM SLM Corporation	$4.2B	6.0×	7.1×	−1.93% (below 0%: shrinking)	−9.38% (below 0%: shrinking)	+2.81% (above 0%: growing)	59.84%	0.00%	Compare
BFH Bread Financial Holdings, Inc.	$3.9B	7.9×	8.2×	+3.39% (above 0%: growing)	+21.89% (above 0%: growing)	+1.93% (above 0%: growing)	100.00%	76.43%
UPST Upstart Holdings, Inc.	$2.4B	38.0×	32.5×	+41.75% (above 0%: growing)	+183.33% (above 0%: growing)	−14.74% (below 0%: shrinking)	83.19%	4.01%	Compare
Median of peers	$4.5B	12.4×	10.9×	+14.39%	+40.20%	+3.09%	79.47%	3.30%

All 55 Credit Services stocks →

Bread Financial Holdings, Inc. (BFH) key facts

Concern: Bread Financial Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.7 billion, down 1.90% from fiscal 2024.
Bread Financial Holdings, Inc. (BFH) is a Credit Services company in the Financial sector, listed on the New York Stock Exchange.
As of October 16, 2026, BFH traded at $102.56, a market capitalization of $3.9 billion.
Bread Financial Holdings, Inc. pays an annual dividend of $0.92 per share, a yield of 0.90%, with a payout ratio of 7.18%.
Return on equity was 16.2% and debt-to-equity 0.98.
Its Piotroski F-score is 7 out of 9 for fiscal 2025.