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Net debt / EBITDA at other companies

JPMorgan Chase logo
JPMorgan ChaseJPM
1.2×+0.9×
Robinhood Markets, Inc. logo
Robinhood Markets, Inc.HOOD
-5.2×-0.9×
Rocket Companies logo
Rocket CompaniesRKT
-9.9×
Affirm Holdings, Inc. logo
Affirm Holdings, Inc.AFRM
9.4×-788×
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
0.6×-1.3×
Huntington Bancshares logo
Huntington BancsharesHBAN
0.5×+0.1×

Other financials

Income statement

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Revenue$1.1B+42.6%
Gross profit$929.2M+46.1%
Net income$166.7M+134%
EPS (diluted)$0.12+100%

Balance sheet

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Cash & equivalents$3.8B+38.5%
Total debt$1.9B-39.0%
Total equity$10.8B+61.9%
Total assets$53.7B+42.3%

Cash flow

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Operating cash flow-$2.3B-10,866%
CapEx$67.6M+28.4%
Free cash flow-$2.4B-7,560%

Valuation

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Market cap$22.35B+58.8%
Enterprise value$20.5B+39.7%
P/E38.7×+9.5×
P/S5.7×+0.6×

Profitability

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Gross margin83.6%+1.4pp
Net margin14.6%-2.6pp

Returns & leverage

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Return on equity6.6%-1.1pp
Debt / equity0.2×-0.3×
Current ratio0.2×

Where this comes from

Calculated from SoFi Technologies, Inc.’s reported figures.

Based on the most recent quarter.

The official record: SoFi Technologies, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is SoFi Technologies, Inc.'s net debt / EBITDA?
SoFi Technologies, Inc. (SOFI) reported net debt / EBITDA of -0.9× in Q1 2026.
How has SoFi Technologies, Inc.'s net debt / EBITDA changed year-over-year?
SoFi Technologies, Inc.'s net debt / EBITDA decreased by 417.7% year-over-year, from 0.3× to -0.9×.
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.