Freedom Holding Corp.

FRHC Financial Financial Conglomerates

Freedom Holding Corp.’s revenue for fiscal 2026 (year ended March 2026) was $2.2 billion, up 9.34% from fiscal 2025.

Revenue
+39.8%
EPS
+1.96%
Free cash flow
−197.0%
Total debt
+115.7%

Quarter to June 2026, against a year earlier

186.01 0.82 −0.44%
Market cap
$11.9B
P/E
72.8×
Fwd P/E
12.3×
Dividend yield
—
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Freedom Holding Corp. (FRHC) Operating margin

Alert me on Operating margin

Freedom Holding Corp.'s operating margin over the twelve months to 30 June 2026 was 32.2%, down 0.4 percentage points from fiscal 2026 (32.6%). Over the past ten years it has ranged from 0.00% (fiscal 2016) to 63.9% (fiscal 2022); the current reading is higher than 42% of that period. That is above the Financial Conglomerates industry median of 16.2% and above the Financial sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2026 32.6% 0.67
FY2025 32.0% (25.11)
FY2024 57.1% 1.40
FY2023 55.7% (8.21)
FY2022 63.9% 13.65
FY2021 50.2% 3.11
FY2020 47.1% 15.92
FY2019 31.2% (27.27)
FY2018 58.5% 9.06
FY2017 49.4% 49.41

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 29.8% (3.26)
Mar 2026 33.1% (2.22)
Dec 2025 35.3% 4.36
Sep 2025 30.9% 0.23
42 more quarters

Against its own ten years

Low 0.00% High 63.9%
Ten-year median 48.3%
Current reading's percentile 27

Operating margin against peers

Company Operating margin
FRHC Freedom Holding Corp. 32.2%
RILY BRC Group Holdings, Inc. compare 28.1%
IX Orix Corp Ads compare 20.4%
VOYA Voya Financial, Inc. compare 12.1%
HTH Hilltop Holdings Inc. compare 0.00%
TMS Live Oak Acquisition Corp. V compare 0.00%
Financial Conglomerates industry median 16.2%
Financial sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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