Remitly Global, Inc. (RELY)
NASDAQ: RELY · Real-Time Price · USD
24.76
+0.73 (3.04%)
May 11, 2026, 11:02 AM EDT - Market open

Remitly Global Statistics

Total Valuation

Remitly Global has a market cap or net worth of $5.21 billion. The enterprise value is $4.45 billion.

Market Cap5.21B
Enterprise Value 4.45B

Important Dates

The last earnings date was Wednesday, May 6, 2026, after market close.

Earnings Date May 6, 2026
Ex-Dividend Date n/a

Share Statistics

Remitly Global has 210.56 million shares outstanding. The number of shares has increased by 9.92% in one year.

Current Share Class 210.56M
Shares Outstanding 210.56M
Shares Change (YoY) +9.92%
Shares Change (QoQ) +0.69%
Owned by Insiders (%) 5.46%
Owned by Institutions (%) 76.52%
Float 185.62M

Valuation Ratios

The trailing PE ratio is 50.57 and the forward PE ratio is 17.40. Remitly Global's PEG ratio is 0.26.

PE Ratio 50.57
Forward PE 17.40
PS Ratio 2.93
Forward PS 2.44
PB Ratio 5.57
P/TBV Ratio 5.95
P/FCF Ratio 16.79
P/OCF Ratio 15.51
PEG Ratio 0.26
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 30.94, with an EV/FCF ratio of 14.77.

EV / Earnings 42.13
EV / Sales 2.58
EV / EBITDA 30.94
EV / EBIT 34.10
EV / FCF 14.77

Financial Position

The company has a current ratio of 2.84, with a Debt / Equity ratio of 0.04.

Current Ratio 2.84
Quick Ratio 2.20
Debt / Equity 0.04
Debt / EBITDA 0.26
Debt / FCF 0.13
Interest Coverage 14.92

Financial Efficiency

Return on equity (ROE) is 12.95% and return on invested capital (ROIC) is 31.06%.

Return on Equity (ROE) 12.95%
Return on Assets (ROA) 6.56%
Return on Invested Capital (ROIC) 31.06%
Return on Capital Employed (ROCE) 13.79%
Weighted Average Cost of Capital (WACC) 6.58%
Revenue Per Employee $539,477
Profits Per Employee $33,011
Employee Count3,200
Asset Turnover 1.39
Inventory Turnover n/a

Taxes

In the past 12 months, Remitly Global has paid $3.13 million in taxes.

Income Tax 3.13M
Effective Tax Rate 2.88%

Stock Price Statistics

The stock price has increased by +3.23% in the last 52 weeks. The beta is 0.40, so Remitly Global's price volatility has been lower than the market average.

Beta (5Y) 0.40
52-Week Price Change +3.23%
50-Day Moving Average 18.41
200-Day Moving Average 16.22
Relative Strength Index (RSI) 78.97
Average Volume (20 Days) 4,434,368

Short Selling Information

The latest short interest is 6.11 million, so 2.90% of the outstanding shares have been sold short.

Short Interest 6.11M
Short Previous Month 6.18M
Short % of Shares Out 2.90%
Short % of Float 3.29%
Short Ratio (days to cover) 2.11

Income Statement

In the last 12 months, Remitly Global had revenue of $1.73 billion and earned $105.63 million in profits. Earnings per share was $0.49.

Revenue1.73B
Gross Profit 1.05B
Operating Income 130.51M
Pretax Income 108.76M
Net Income 105.63M
EBITDA 143.84M
EBIT 130.51M
Earnings Per Share (EPS) $0.49
Full Income Statement

Balance Sheet

The company has $649.06 million in cash and $39.30 million in debt, with a net cash position of $609.76 million or $2.90 per share.

Cash & Cash Equivalents 649.06M
Total Debt 39.30M
Net Cash 609.76M
Net Cash Per Share $2.90
Equity (Book Value) 907.44M
Book Value Per Share 4.31
Working Capital 808.32M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $326.19 million and capital expenditures -$24.80 million, giving a free cash flow of $301.39 million.

Operating Cash Flow 326.19M
Capital Expenditures -24.80M
Depreciation & Amortization 13.33M
Net Borrowing n/a
Free Cash Flow 301.39M
FCF Per Share $1.43
Full Cash Flow Statement

Margins

Gross margin is 60.79%, with operating and profit margins of 7.56% and 6.12%.

Gross Margin 60.79%
Operating Margin 7.56%
Pretax Margin 6.30%
Profit Margin 6.12%
EBITDA Margin 8.33%
EBIT Margin 7.56%
FCF Margin 17.46%

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 -9.92%
Shareholder Yield -9.92%
Earnings Yield 2.09%
FCF Yield 5.96%

Analyst Forecast

The average price target for Remitly Global is $24.00, which is -3.07% lower than the current price. The consensus rating is "Buy".

Price Target $24.00
Price Target Difference -3.07%
Analyst Consensus Buy
Analyst Count 6
Revenue Growth Forecast (5Y) 16.54%
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 6.24 and a Piotroski F-Score of 7.

Altman Z-Score 6.24
Piotroski F-Score 7