NUNYSEFinance ServicesFiscal year ends December 31
Nu Holdings Ltd.
Financials through fiscal 2024, year ended Dec 31, 2024Last filing: 20-F on Apr 8, 2026
$14.51−0.05 (-0.34%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- 36.0
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2018 to 2024
Gross margin
45.6%+5.1 pts over 5 years
Net margin
17.1%+32.2 pts over 5 years
Growth rates
Compound annual growth to fiscal 2024
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +43.4% | +89.3% | +79.8% | – | |
| Gross profit | +50.5% | +92.8% | +84.2% | – | |
| Net income | +91.4% | – | – | – | |
| EPS, diluted | +90.2% | – | -94.9% | – |
Returns and balance sheet
7 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2018 | FY2019 | FY2024 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | 28.1% | |
| Return on assets | – | – | 4.2% | |
| Diluted shares | – | 0M | 4.89B |
Cash use needs five years of cash flow figures
Nu does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin17.1%
×Asset turnover0.25×
×Equity multiplier6.64×
=Return on equity, FY202428.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2024 | 17.1% | 0.25× | 6.64× | 28.1% |
| FY2023 | 12.8% | 0.22× | 6.49× | 18.2% |
| FY2022 | -7.6% | 0.19× | 5.34× | -7.8% |
| FY2021 | -9.7% | 0.11× | 6.15× | -6.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2024 against fiscal 2023
5of 7 tests passed in fiscal 2024. Some tests lack the figures they need.
- ProfitableNet income above zero$1.97B
- Cash generatingOperating cash flow above zero$2.40B
- Return on assets improvedROA up on the prior year3.4% → 4.5%
- Earnings backed by cashOperating cash flow above net income$2.40B vs $1.97B
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise4.86B → 4.89B
- Gross margin improvedGross margin up on the prior year43.48% → 45.61%
- More efficientAsset turnover rose0.27 → 0.27