Remitly Global Statistics
Total Valuation
Remitly Global has a market cap or net worth of $5.30 billion. The enterprise value is $4.67 billion.
| Market Cap | 5.30B |
| Enterprise Value | 4.67B |
Important Dates
The last earnings date was Wednesday, August 5, 2026, after market close.
| Earnings Date | Aug 5, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
Remitly Global has 211.68 million shares outstanding. The number of shares has increased by 4.59% in one year.
| Current Share Class | 211.68M |
| Shares Outstanding | 211.68M |
| Shares Change (YoY) | +4.59% |
| Shares Change (QoQ) | +1.84% |
| Owned by Insiders (%) | 5.43% |
| Owned by Institutions (%) | 87.77% |
| Float | 200.12M |
Valuation Ratios
The trailing PE ratio is 17.95 and the forward PE ratio is 16.49. Remitly Global's PEG ratio is 0.25.
| PE Ratio | 17.95 |
| Forward PE | 16.49 |
| PS Ratio | 2.93 |
| Forward PS | 2.44 |
| PB Ratio | 4.71 |
| P/TBV Ratio | 4.95 |
| P/FCF Ratio | 13.67 |
| P/OCF Ratio | 13.06 |
| PEG Ratio | 0.25 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 23.43, with an EV/FCF ratio of 12.03.
| EV / Earnings | 15.30 |
| EV / Sales | 2.58 |
| EV / EBITDA | 23.43 |
| EV / EBIT | 24.98 |
| EV / FCF | 12.03 |
Financial Position
The company has a current ratio of 3.18, with a Debt / Equity ratio of 0.03.
| Current Ratio | 3.18 |
| Quick Ratio | 2.52 |
| Debt / Equity | 0.03 |
| Debt / EBITDA | 0.18 |
| Debt / FCF | 0.10 |
| Interest Coverage | 18.22 |
Financial Efficiency
Return on equity (ROE) is 32.25% and return on invested capital (ROIC) is 47.51%.
| Return on Equity (ROE) | 32.25% |
| Return on Assets (ROA) | 8.54% |
| Return on Invested Capital (ROIC) | 47.51% |
| Return on Capital Employed (ROCE) | 16.06% |
| Weighted Average Cost of Capital (WACC) | 6.25% |
| Revenue Per Employee | $565,509 |
| Profits Per Employee | $95,314 |
| Employee Count | 3,200 |
| Asset Turnover | 1.32 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -139.72M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +26.12% in the last 52 weeks. The beta is 0.34, so Remitly Global's price volatility has been lower than the market average.
| Beta (5Y) | 0.34 |
| 52-Week Price Change | +26.12% |
| 50-Day Moving Average | 22.98 |
| 200-Day Moving Average | 17.96 |
| Relative Strength Index (RSI) | 55.00 |
| Average Volume (20 Days) | 3,082,586 |
Short Selling Information
The latest short interest is 14.04 million, so 6.63% of the outstanding shares have been sold short.
| Short Interest | 14.04M |
| Short Previous Month | 15.19M |
| Short % of Shares Out | 6.63% |
| Short % of Float | 7.02% |
| Short Ratio (days to cover) | 5.17 |
Income Statement
In the last 12 months, Remitly Global had revenue of $1.81 billion and earned $305.01 million in profits. Earnings per share was $1.40.
| Revenue | 1.81B |
| Gross Profit | 1.11B |
| Operating Income | 186.80M |
| Pretax Income | 165.29M |
| Net Income | 305.01M |
| EBITDA | 199.21M |
| EBIT | 186.80M |
| Earnings Per Share (EPS) | $1.40 |
Balance Sheet
The company has $676.39 million in cash and $38.26 million in debt, with a net cash position of $638.13 million or $3.01 per share.
| Cash & Cash Equivalents | 676.39M |
| Total Debt | 38.26M |
| Net Cash | 638.13M |
| Net Cash Per Share | $3.01 |
| Equity (Book Value) | 1.13B |
| Book Value Per Share | 5.32 |
| Working Capital | 881.63M |
Cash Flow
In the last 12 months, operating cash flow was $406.12 million and capital expenditures -$18.12 million, giving a free cash flow of $388.00 million.
| Operating Cash Flow | 406.12M |
| Capital Expenditures | -18.12M |
| Depreciation & Amortization | 12.41M |
| Net Borrowing | n/a |
| Free Cash Flow | 388.00M |
| FCF Per Share | $1.83 |
Margins
Gross margin is 61.55%, with operating and profit margins of 10.32% and 16.85%.
| Gross Margin | 61.55% |
| Operating Margin | 10.32% |
| Pretax Margin | 9.13% |
| Profit Margin | 16.85% |
| EBITDA Margin | 11.01% |
| EBIT Margin | 10.32% |
| FCF Margin | 21.44% |
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 | -4.59% |
| Shareholder Yield | -4.59% |
| Earnings Yield | 5.75% |
| FCF Yield | 7.31% |
Analyst Forecast
The average price target for Remitly Global is $32.22, which is 28.57% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $32.22 |
| Price Target Difference | 28.57% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 10 |
| Revenue Growth Forecast (3Y) | 19.95% |
| EPS Growth Forecast (3Y) | 24.50% |
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 6.85 and a Piotroski F-Score of 6.
| Altman Z-Score | 6.85 |
| Piotroski F-Score | 6 |