Pagaya Technologies Ltd.

PGY

Technology Software Infrastructure

Pagaya Technologies Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, up 26.1% from fiscal 2024.

Revenue
+11.5%
EPS
+96.9%
Free cash flow
−28.3%
Total debt
+31.1%

Quarter to September 2026, against a year earlier

17.50 0.09 +0.52%
Market cap
$1.5B
P/E
10.0×
Fwd P/E
10.1×
Dividend yield
—
F-score
7/9
ROIC
329.1%
Net debt / EBITDA
−1.9×
Dividend safety
70/100

Pagaya Technologies Ltd. (PGY) Return on invested capital

Alert me on Return on invested capital

Pagaya Technologies Ltd.'s return on invested capital over the twelve months to 30 September 2026 was 329.1%, down 274.4 percentage points from fiscal 2025 (603.4%). Over the past ten years it has ranged from −41.8% (fiscal 2021) to 603.4% (fiscal 2025) — the current reading is the highest in ten years. That is above the Software Infrastructure industry median of 0.00% and above the Technology sector median of 0.00%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 603.4% 572.50
FY2024 30.9% 32.78
FY2023 −1.86% 24.93
FY2022 −26.8% 15.05
FY2021 −41.8% (51.79)
FY2020 9.95% —

Against its own ten years

Low −41.8% High 603.4%
Ten-year median 4.05%
Current reading's percentile 100

Return on invested capital against peers

Company Return on invested capital
PGY Pagaya Technologies Ltd. 329.1%
ATEN A10 Networks, Inc. compare 37.5%
STNE StoneCo Ltd. compare 27.2%
PRGS Progress Software Corporation compare 6.69%
NYAX Nayax Ltd. compare 6.41%
RDWR Radware Ltd. compare 3.82%
BAND Bandwidth Inc. compare −1.37%
INFQ Infleqtion, Inc. compare −26.0%
NN NextNav Inc. compare −44.7%
Software Infrastructure industry median 0.00%
Technology sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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