What is Robinhood Markets, Inc.'s free cash flow?

Robinhood Markets, Inc. (HOOD) reported free cash flow of $370M in Q2 2023.

How has Robinhood Markets, Inc.'s free cash flow changed year-over-year?

Robinhood Markets, Inc.'s free cash flow increased by 129.2% year-over-year, from -$1.27B to $370M.

What does free cash flow mean?

Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.

Robinhood Markets, Inc. HOOD Free cash flow

Discontinued — last reported Q2 '23

Free cash flow at other companies

Charles Schwab CorporationSCHW

$7.2B+15.4%

Morgan StanleyMS

-$7.85B+68.2%

Interactive Brokers Group, Inc.IBKR

$3.59B+39.6%

Gemini Space Station, Inc. Class A Common StockGEMI

-$54.56M-193%

SoFi Technologies, Inc.SOFI

——

Freedom HoldingFRHC

——

Other financials

Income statement

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Revenue$1.1B+15.1%

Net income$350.0M+4.2%

EPS (diluted)$0.38+2.7%

Balance sheet

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Cash & equivalents$11.8B+32.4%

Total debt$223.0M+65.2%

Total equity$9.7B+21.8%

Total assets$45.5B+65.3%

Cash flow

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Operating cash flow$2.0B+217%

CapEx$1.0M-83.3%

Valuation

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Market cap$84.17B+21.5%

Enterprise value$72.57B+20.0%

P/E44.4×+0.8×

P/S18.3×-3.0×

Profitability

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Net margin41.1%-7.7pp

FCF margin-100.7%-128pp

Returns & leverage

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Return on equity21.5%+0.1pp

Debt / equity0×0.0×

Current ratio1.2×-0.1×

Where this comes from

Calculated from Robinhood Markets, Inc.’s reported figures.

$370.0Mnet cash from operating−-capital expenditures=$370M

The official record: Robinhood Markets, Inc.’s 10-Q, filed August 8, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Robinhood Markets, Inc.'s free cash flow?: Robinhood Markets, Inc. (HOOD) reported free cash flow of $370M in Q2 2023.
How has Robinhood Markets, Inc.'s free cash flow changed year-over-year?: Robinhood Markets, Inc.'s free cash flow increased by 129.2% year-over-year, from -$1.27B to $370M.
What does free cash flow mean?: Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.