Robinhood Markets, Inc.

HOOD Financial Capital Markets

Robinhood Markets, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.5 billion, up 51.6% from fiscal 2024.

Revenue
+11.8%
EPS
−15.9%
Free cash flow
+175.8%
Total debt
+41.3%

Quarter to September 2026, against a year earlier

80.40 2.01 +2.56%
Market cap
$70.6B
P/E
35.8×
Fwd P/E
40.8×
Dividend yield
—
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Robinhood Markets, Inc. (HOOD) valuation and DCF model

What the price implies · reverse DCF

Robinhood Markets, Inc. is not valued here: a bank or insurer is valued on its dividend, and it pays none.

Valuation against its own history

Today’s multiple against its 5- and 10-year averages and the industry median (Capital Markets).

Multiple Current 5Y avg 10Y avg vs 10Y avg Industry median vs industry 10Y range
P/E 35.76× 37.47× 37.47× 5% below 14.35× 149% above
P/FCF 23.90× 38.62× 38.62× 38% below 9.28× 158% above
P/B 7.04× 4.96× 4.33× 62% above 1.36× 416% above
EV/EBITDA — 28.91× 28.91× — 3.38× —
EV/Sales — 6.96× 6.35× — 3.90× —
2.00×4.72×7.45×10.17×10Y avg 4.33×202120222023202420252026

HOOD trades at 7.04× P/B, against a 10-year average of 4.33× (range 1.02×–10.98×). That is dearer than 80% of the last 5 year-end readings; re-rating to the average implies $49.48 per share.

Every growth rate on this page is the business’s — its cash flow, FFO or dividend — never its share price’s. A discounted-cash-flow model is only as good as its assumptions. Figures from the 10-K and 10-Q filings. Not investment advice.