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Freedom Holding FRHC · USD

Financials · US listing · 🇺🇸 United States

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174.60

-2.38%

Close of 9 Nov 2026, in USD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2026

Revenue, before interest expense

$2.19bn

FY2017FY2026

Net income

$153.3m

FY2017FY2026

Total assets

$13.16bn

FY2017FY2026

Shareholders' equity

$1.49bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue, before interest expense$2.19bn$2.03bn$1.66bn$795.7m$689.8m$346.9m$83.4m$74.3m$57.8m$19.4m
Research and development——$0$0—$1$0$0$0—
Operating income$715.0m$631.8m$926.8m$441.4m$444.7m$177.9m$38.3m$23.2m$33.3m−$581,974
Net income$153.3m$84.7m$375.5m$205.1m$227.5m$149.7m$24.8m$7.1m$18.2m$6.3m
Diluted earnings per share2.501.396.203.463.822.510.420.120.310.14

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets$13.16bn$9.91bn$8.30bn$5.08bn$3.23bn$2.10bn$453.5m$350.9m$330.1m$8.6m
Cash and short-term investments$4.31bn$3.59bn$4.45bn$3.23bn$1.55bn$755.6m$226.2m$217.9m$276.9m$50,537
Total liabilities$11.67bn$8.70bn$7.13bn$4.31bn$2.68bn$1.82bn$324.5m$233.3m$215.0m$8.7m
Debt$2.38bn$1.89bn$3.02bn$1.58bn$888.5m$418.0m$120.5m$106.2m$174.3m$59.8m
Shareholders' equity$1.49bn$1.21bn$1.16bn$777.3m$553.6m$277.3m$131.3m$117.6m$115.1m−$152,984
Shares outstanding61m61m61m59m60m60m58m58m58m45m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue, before interest expense$124.2m$466.7m$615.6m$530.9m$524.9m$445.8m$576.4m$506.9m
Operating income$13.7m$176.5m$221.9m$162.7m$153.9m−$21.1m$229.5m$245.1m
Net income$31.7m$8.0m$76.2m$38.7m$30.4m−$142.7m$78.3m$114.7m
Diluted earnings per share0.520.131.250.630.50-2.331.291.89
Total assets$14.05bn$13.16bn$12.38bn$10.35bn$9.69bn$9.91bn$9.14bn$8.82bn
Cash and short-term investments$5.53bn$4.31bn$3.14bn$2.47bn$2.71bn$3.59bn$996.6m$4.45bn
Debt—$2.38bn$2.14bn$1.55bn$1.74bn$1.91bn$2.67bn$2.85bn
Shareholders' equity$1.54bn$1.49bn$1.39bn$1.22bn$1.23bn$1.21bn$1.26bn$1.26bn

Financial ratios

Data as of 8 Oct 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Operating margin32.6%31.9%56.5%55.9%63.9%50.2%———
Net margin7.0%4.2%22.7%25.8%33.0%43.1%———
Return on equity10.3%7.0%32.3%26.4%41.1%54.0%———
Return on assets1.2%0.9%4.5%4.0%7.0%7.1%———
Revenue growth7.8%22.7%108.2%15.4%98.9%316.0%———
Earnings growth81.1%-77.5%83.1%-9.8%52.0%502.5%———
Current ratio1.35x1.32x1.34x1.36x1.27x1.17x———
Debt to equity1.60x1.58x2.61x2.03x1.70x1.60x———
Equity ratio11.3%12.2%14.0%15.3%17.1%13.2%———
Interest coverage1.46x1.21x1.87x2.13x5.73x7.76x———
R&D as a share of sales——0.0%0.0%—0.0%0.0%0.0%0.0%
Buybacks as a share of market value-0.3%-0.9%-2.1%0.4%0.0%-1.9%———

Growth per year

Compound annual rate

3 years5 years10 years
Revenue40.2%44.6%—
Operating income17.4%32.1%—
Net income-9.2%0.5%—

Average margins

Over each period

1 year3 years5 years10 years
Operating margin31.9%40.7%43.3%—
Net margin5.6%12.3%15.5%—

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings74.787.821.123.315.227.6120.8118.826.445.5
Price to sales5.23.74.86.05.011.936.011.48.314.8

Market value over time

29 Nov 2016 to 5 Oct 2026, in USD

$852,500$10.63bn

Share price return

Finished calendar years

2025202420232022202120202019201820172016
Return6%60%34%-11%44%210%86%26%27083%652%

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years. Last went ex-dividend on 31 Oct 2012.

FY2013FY2012FY2003
Paid in the year7.5026.00301.806
  • 25-to-1 reverse split · 6 Sept 2017
  • 10-to-1 reverse split · 12 Dec 2003
  • 1.102-for-1 split · 10 Dec 2003

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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