COFNYSENational Commercial BanksFiscal year ends December 31Also trades as COF.PI, COF.PJ, COF.PK, COF.PL, COF.PN
CAPITAL ONE FINANCIAL CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 28, 2026
$199.83−1.91 (-0.95%)
Close on Oct 19, 2026
- Market cap
- $124.11B
- P/E (TTM)
- 49.6
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Net margin
4.6%−4.9 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +36.6% | +16.0% | +13.4% | +8.6% | |
| Net income | -48.4% | -30.7% | -2.0% | -4.9% | |
| EPS, diluted | -65.2% | -39.2% | -4.9% | -5.5% | |
| Free cash flow | +54.2% | +26.6% | +10.3% | +10.5% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 7.9% | 4.6% | 2.8% | |
| Return on assets | 1.1% | 0.7% | 0.4% | |
| Debt to equity | 1.27 | 0.67 | 0.45 | |
| Capex to revenue | 3.1% | 2.5% | 3.0% | |
| Diluted shares | 510M | 459M | 541M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Capital One Financial generated $92.57B from operations and spent $28.96B on capital expenditure, dividends and share buybacks. 19% of that went back into the business.
Generated
$92.57B
Used
$28.96B
Capital expenditure$5.38B19%Dividends$5.48B19%Share buybacks$18.10B63%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin4.6%
×Asset turnover0.09×
×Equity multiplier6.65×
=Return on equity, FY20252.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 4.6% | 0.09× | 6.65× | 2.8% |
| FY2024 | 12.1% | 0.08× | 8.15× | 8.0% |
| FY2023 | 13.3% | 0.08× | 8.44× | 8.8% |
| FY2022 | 21.5% | 0.08× | 7.81× | 13.0% |
| FY2021 | 40.7% | 0.07× | 7.04× | 20.4% |
| FY2020 | 9.5% | 0.07× | 6.87× | 4.6% |
| FY2019 | 19.4% | 0.07× | 6.96× | 10.1% |
| FY2018 | 21.4% | 0.08× | 7.35× | 12.0% |
| FY2017 | 7.3% | 0.08× | 7.51× | 4.1% |
| FY2016 | 14.7% | 0.07× | 7.29× | 7.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 7 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$2.45B
- Cash generatingOperating cash flow above zero$27.72B
- Return on assets improvedROA up on the prior year1.0% → 0.5%
- Earnings backed by cashOperating cash flow above net income$27.72B vs $2.45B
- Less leverageLong-term debt to assets fell9.2% → 7.5%
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise384M → 541M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.08 → 0.11