Green Dot Corp (GDOT) stock analysis
Close on Nov 12, 2026Market cap $657.61MP/E –Yield –
StockData Score
Prices as of Nov 11, 2026How the score works
Weak7 of 30 checks passed
Green Dot passes 7 of the 30 checks behind our score; 16 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 1/6
- Growth
- 2/6
- Past performance
- 2/6
- Financial health
- 2/6
- Dividend
- 0/6
What stands out
Low debt
Debt is 7.1% of shareholders' equity, under the 40% we consider low.
Revenue growing 10%+ a year
Revenue grew 12.8% a year over the last three fiscal years.
Debt covered by cash flow
Operating cash flow over the last twelve months equals 150% of total debt.
P/B below the industry
Green Dot's price-to-book of 0.74 is below the Finance services median of 0.83.
What to watch
Margin of safety under 20%
The price is 23.5% above fair value, so there is no margin of safety.
Trading above fair value
The share price of $11.79 is above our fair value estimate of $9.55.
Return on equity under 15%
Return on equity was -0.3% over the last twelve months and averaged -0.4% over five years; we look for 15% on both.
Elevated bankruptcy risk
The Altman Z-score is 0.08; above 3 is the safe zone and below 1.8 the distress zone.
Valuation1/6
P/E against its history
Not enough price and earnings history to compare.
P/E against the industry
Needs positive earnings and enough profitable companies in the industry.
EV/EBITDA against its history
Needs positive EBITDA and price history.
P/B below the industry
Green Dot's price-to-book of 0.74 is below the Finance services median of 0.83.
Trading above fair value
The share price of $11.79 is above our fair value estimate of $9.55.
Margin of safety under 20%
The price is 23.5% above fair value, so there is no margin of safety.
Growth2/6
Revenue growing 10%+ a year
Revenue grew 12.8% a year over the last three fiscal years.
EPS growth over 3 years
Needs positive EPS three years ago and today.
Earnings acceleration
Needs positive net income now, a year ago and five years ago.
Growing faster than the industry
Revenue grew 18.0% over the last twelve months; the Finance services median is 9.8%.
Company guidance
No outlook found in earnings releases from the last twelve months.
Gross margin trend
This company does not report gross profit.
Past performance2/6
Return on equity under 15%
Return on equity was -0.3% over the last twelve months and averaged -0.4% over five years; we look for 15% on both.
Return on invested capital
Needs operating income and invested capital.
Return on equity above the industry
Green Dot's return on equity of -0.3% is above the Finance services median of -33.5%.
Earnings over 5 years
Needs positive net income five years ago and in the latest year.
Net margin below its 5-year average
Net margin was -0.1% over the last twelve months, against a 5-year average of 0.4%.
Net margin above the industry
Green Dot's net margin of -0.1% is above the Finance services median of -64.5%.
Financial health2/6
Low debt
Debt is 7.1% of shareholders' equity, under the 40% we consider low.
Debt trend
Needs a balance sheet from five years ago with positive equity.
Debt covered by cash flow
Operating cash flow over the last twelve months equals 150% of total debt.
Interest coverage
Interest expense is not reported separately.
Short-term assets don't cover short-term debts
Current assets are 0.46 times current liabilities.
Elevated bankruptcy risk
The Altman Z-score is 0.08; above 3 is the safe zone and below 1.8 the distress zone.
Dividend0/6
No dividend
Green Dot has not paid a dividend in the last twelve months.
Yield against Treasuries
No dividend.
Yield against the market
No dividend.
Dividend stability
No dividend.
Earnings cover
No dividend.
Cash-flow cover
No dividend.
Fair value
How we estimate itOur estimate per share
$9.55
The share price is 24% above this estimate.
| Method | Multiple used | Own 5Y median | Industry median | Value per share | Weight |
|---|---|---|---|---|---|
| EV/EBITDAleft out, too far from the others | 13.8× | – | 13.8× | $45.38 | – |
| P/B | 0.8× | 0.8× | 0.8× | $12.74 | 40% |
| Earnings power | 10.3% cost of equity | – | – | $7.42 | 60% |
| Fair value | $9.55 | 100% | |||
Valuation over time
Using the earnings and balance sheet published at each date, not today's.
- P/E at month end
- Own 5-year median 21.2
- Finance services median 11.8
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
Medium risk
- Average value traded per day
- $4.71M
- Value traded per 1% price move
- $4.40M
Downside
Low risk
- Typical loss in a bad month
- 8.5%
- Volatility (annualized)
- 26%
- Sharpe ratio, 1 year
- -0.18
- Beta to the S&P 500 (5Y)
- 1.08
Typical bad-month loss, week by week
Margins
Share of revenue, fiscal years 2011 to 2025
Operating margin
Net margin
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +20.7% | +12.8% | +10.7% | +11.6% | |
| Operating income | – | -47.5% | -14.6% | -13.7% | |
| Free cash flow | +830.3% | -30.1% | -15.2% | -4.9% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 6.2% | 2.4% | -11.2% | |
| Return on assets | 2.4% | 0.7% | -1.7% | |
| Current ratio | 1.05 | 0.78 | 0.52 | |
| Debt to equity | – | – | 0.07 | |
| Net debt to EBITDA | – | – | -17.33× | |
| Capex to revenue | 6.0% | 4.7% | 3.5% | |
| Diluted shares | 51M | 54M | 55M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Green Dot generated $762.18M from operations and spent $460.05M on capital expenditure, dividends and share buybacks. 79% of that went back into the business.
DuPont analysis
Return on equity split into margin, efficiency and leverage
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -4.8% | 0.36× | 6.47× | -11.2% |
| FY2024 | -1.5% | 0.34× | 5.92× | -3.1% |
| FY2023 | 0.4% | 0.31× | 5.85× | 0.8% |
| FY2022 | 4.4% | 0.30× | 5.14× | 6.9% |
| FY2021 | 3.3% | 0.32× | 4.25× | 4.6% |
| FY2020 | 1.8% | 0.38× | 3.39× | 2.4% |
| FY2019 | 9.0% | 0.47× | 2.58× | 10.9% |
| FY2018 | 11.1% | 0.48× | 2.68× | 14.2% |
| FY2017 | 9.5% | 0.46× | 2.72× | 11.9% |
| FY2016 | 5.8% | 0.42× | 2.55× | 6.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
- ProfitableNet income above zero-$98.87M
- Cash generatingOperating cash flow above zero$138.56M
- Return on assets improvedROA up on the prior year-0.6% → -1.8%
- Earnings backed by cashOperating cash flow above net income$138.56M vs -$98.87M
- Less leverageLong-term debt to assets fell0.9% → 1.1%
- Better liquidityCurrent ratio rose0.54 → 0.52
- No dilutionShare count did not rise54M → 55M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.36 → 0.38
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