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Freedom Holding FRHC Net debt / EBITDA

Net debt / EBITDA at other companies

Interactive Brokers Group, Inc. logo
Interactive Brokers Group, Inc.IBKR
-6.2×+1.4×
Fidelity National Information Services logo
Fidelity National Information ServicesFIS
5.2×+2.6×
StoneX Group Inc. logo
StoneX Group Inc.SNEX
-5.6×
Nasdaq, Inc. logo
Nasdaq, Inc.NDAQ
2.9×+0.7×
Intercontinental Exchange logo
Intercontinental ExchangeICE
2.9×-0.4×
Charles Schwab Corporation logo
Charles Schwab CorporationSCHW
-3.3×+2.7×

Other financials

Income statement

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Revenue$503.1M+68.6%
Gross profit$477.9M+67.1%
Net income$8.0M
EPS (diluted)$0.13

Balance sheet

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Cash & equivalents$966.1M-41.3%
Total debt$48.8M+20.5%
Total equity$1.5B+21.6%
Total assets$13.2B+32.7%

Cash flow

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Operating cash flow$717.8M
CapEx$23.0M-15.8%
Free cash flow-$1.6B-220%

Valuation

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Market cap$8.81B+10.6%
Enterprise value$7.89B+24.0%
P/E57.4×
P/S0.0×

Profitability

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Gross margin96.4%-2.1pp
Operating margin-28%
Net margin7%
FCF margin-0.6%

Returns & leverage

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Return on equity11.3%
Debt / equity0.0×
Current ratio

Where this comes from

Calculated from Freedom Holding’s reported figures.

Based on the most recent quarter.

The official record: Freedom Holding’s 10-K, filed June 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Freedom Holding's net debt / EBITDA?
Freedom Holding (FRHC) reported net debt / EBITDA of -1.2× in Q1 2026.
What is the long-term trend for Freedom Holding's net debt / EBITDA?
Over 4 years (2021 to 2026), Freedom Holding's net debt / EBITDA has grown at a -24.9% compound annual growth rate (CAGR), from -3.8× to -1.2×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.