Remitly Global, Inc. (RELY)
NASDAQ: RELY · Real-Time Price · USD
17.04
-0.28 (-1.62%)
At close: Mar 6, 2026, 4:00 PM EST
16.85
-0.19 (-1.12%)
Pre-market: Mar 9, 2026, 6:00 AM EST

Remitly Global Statistics

Total Valuation

Remitly Global has a market cap or net worth of $3.59 billion. The enterprise value is $3.24 billion.

Market Cap3.59B
Enterprise Value 3.24B

Important Dates

The last earnings date was Wednesday, February 18, 2026, after market close.

Earnings Date Feb 18, 2026
Ex-Dividend Date n/a

Share Statistics

Remitly Global has 210.65 million shares outstanding. The number of shares has increased by 11.78% in one year.

Current Share Class 210.65M
Shares Outstanding 210.65M
Shares Change (YoY) +11.78%
Shares Change (QoQ) -0.77%
Owned by Insiders (%) 5.71%
Owned by Institutions (%) 71.64%
Float 173.18M

Valuation Ratios

The trailing PE ratio is 54.97 and the forward PE ratio is 14.80. Remitly Global's PEG ratio is 0.27.

PE Ratio 54.97
Forward PE 14.80
PS Ratio 2.20
Forward PS 1.82
PB Ratio 4.13
P/TBV Ratio 4.42
P/FCF Ratio 12.14
P/OCF Ratio 11.04
PEG Ratio 0.27
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 35.58, with an EV/FCF ratio of 10.96.

EV / Earnings 47.68
EV / Sales 1.98
EV / EBITDA 35.58
EV / EBIT 41.81
EV / FCF 10.96

Financial Position

The company has a current ratio of 3.30, with a Debt / Equity ratio of 0.22.

Current Ratio 3.30
Quick Ratio 2.13
Debt / Equity 0.22
Debt / EBITDA 1.93
Debt / FCF 0.65
Interest Coverage 10.18

Financial Efficiency

Return on equity (ROE) is 8.86% and return on invested capital (ROIC) is 16.81%.

Return on Equity (ROE) 8.86%
Return on Assets (ROA) 3.92%
Return on Invested Capital (ROIC) 16.81%
Return on Capital Employed (ROCE) 7.31%
Weighted Average Cost of Capital (WACC) 4.53%
Revenue Per Employee $510,983
Profits Per Employee $21,229
Employee Count3,200
Asset Turnover 1.32
Inventory Turnover n/a

Taxes

In the past 12 months, Remitly Global has paid $3.70 million in taxes.

Income Tax 3.70M
Effective Tax Rate 5.16%

Stock Price Statistics

The stock price has decreased by -23.31% in the last 52 weeks. The beta is 0.06, so Remitly Global's price volatility has been lower than the market average.

Beta (5Y) 0.06
52-Week Price Change -23.31%
50-Day Moving Average 14.35
200-Day Moving Average 16.45
Relative Strength Index (RSI) 65.21
Average Volume (20 Days) 5,003,077

Short Selling Information

The latest short interest is 7.47 million, so 3.54% of the outstanding shares have been sold short.

Short Interest 7.47M
Short Previous Month 9.28M
Short % of Shares Out 3.54%
Short % of Float 4.31%
Short Ratio (days to cover) 2.47

Income Statement

In the last 12 months, Remitly Global had revenue of $1.64 billion and earned $67.93 million in profits. Earnings per share was $0.31.

Revenue1.64B
Gross Profit 984.44M
Operating Income 77.47M
Pretax Income 71.63M
Net Income 67.93M
EBITDA 91.04M
EBIT 77.47M
Earnings Per Share (EPS) $0.31
Full Income Statement

Balance Sheet

The company has $542.43 million in cash and $192.12 million in debt, with a net cash position of $350.30 million or $1.66 per share.

Cash & Cash Equivalents 542.43M
Total Debt 192.12M
Net Cash 350.30M
Net Cash Per Share $1.66
Equity (Book Value) 868.79M
Book Value Per Share 4.12
Working Capital 916.90M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $325.08 million and capital expenditures -$29.43 million, giving a free cash flow of $295.65 million.

Operating Cash Flow 325.08M
Capital Expenditures -29.43M
Free Cash Flow 295.65M
FCF Per Share $1.40
Full Cash Flow Statement

Margins

Gross margin is 60.21%, with operating and profit margins of 4.74% and 4.15%.

Gross Margin 60.21%
Operating Margin 4.74%
Pretax Margin 4.38%
Profit Margin 4.15%
EBITDA Margin 5.57%
EBIT Margin 4.74%
FCF Margin 18.08%

Dividends & Yields

Remitly Global does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -11.78%
Shareholder Yield -11.78%
Earnings Yield 1.89%
FCF Yield 8.24%

Analyst Forecast

The average price target for Remitly Global is $24.13, which is 41.61% higher than the current price. The consensus rating is "Buy".

Price Target $24.13
Price Target Difference 41.61%
Analyst Consensus Buy
Analyst Count 8
Revenue Growth Forecast (5Y) 17.57%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Remitly Global has an Altman Z-Score of 5.53 and a Piotroski F-Score of 7.

Altman Z-Score 5.53
Piotroski F-Score 7