Futu Holdings Ltd
FUTU
109.68
-3.53
-3.12%
Futu Holdings Ltd
US · FUTU
#1103 by market cap
Listed 2019
109.68
-3.53
-3.12%
Live - 5344 symbols - heartbeat 11s ago
· 2026-10-08 06:15
Pre-market
107.97
-1.56%
After-hours
109.65
-0.03%
Overnight
107.41
-2.07%
- Market cap
- 15.38B
- P/E (TTM)i
- 10.85
- P/Bi
- 3.10
- EPSi
- 10.31
- Div yieldi
- 2.37%
- 52W posi
- 25%
Reader sentiment
Are you bullish or bearish on FUTU?
Anonymous reader poll. Unscientific, not investment advice.
Revenue annual, last 8 years
Margins
- Gross margin
- 87.12%
- Operating margin
- 61.63%
- Net margin
- 49.62%
Key ratios & quality
- PEG ratioi
- 0.19
PEG uses trailing P/E against the 3-year net income growth rate (57.05%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG."
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | -- | -- | -- | -- | -- | -- | -- | -- |
| Gross profit | 561.75M | 779.85M | 2.61B | 5.91B | 6.62B | 8.47B | 11.14B | 19.90B |
| Selling & admin expenses | 201.89M | 329.55M | 633.72M | 1.92B | 1.83B | 2.02B | 3.03B | 3.92B |
| Research & development | 151.10M | 262.35M | 513.28M | 805.33M | 1.22B | 1.44B | 1.49B | 1.91B |
| Operating profit | 208.76M | 187.96M | 1.47B | 3.18B | 3.57B | 5.01B | 6.62B | 14.08B |
| Pretax profit | 200.80M | 178.49M | 1.45B | 3.19B | 3.36B | 5.04B | 6.54B | 13.71B |
| Tax | 62.29M | 12.29M | 124.79M | 375.08M | 413.96M | 748.48M | 998.34M | 2.36B |
| Net profit | 138.51M | 165.66M | 1.33B | 2.81B | 2.93B | 4.28B | 5.43B | 11.30B |
| Basic EPS | 1 | 1 | 10 | 19 | 21 | 31 | 39 | 81 |
| Diluted EPS | 1.25 | 1.25 | 10.10 | 18.43 | 20.34 | 30.59 | 38.88 | 80.24 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | -- | -- | -- | -- | -- | -- |
| Gross profit | 3.95B | 4.64B | 5.61B | 5.71B | 5.11B | 6.21B |
| Selling & admin expenses | 874.45M | 854.04M | 1.13B | 1.06B | 1.10B | 1.25B |
| Research & development | 385.98M | 441.93M | 574.23M | 506.62M | 478.88M | 501.02M |
| Operating profit | 2.69B | 3.34B | 3.90B | 4.15B | 3.53B | 4.46B |
| Pretax profit | 2.66B | 3.18B | 3.87B | 4.00B | 1.40B | 4.27B |
| Tax | 490.96M | 579.81M | 633.13M | 655.74M | 606.98M | 698.38M |
| Net profit | 2.14B | 2.57B | 3.22B | 3.37B | 830.99M | 3.64B |
| Basic EPS | 15 | 18 | 23 | 24 | 6 | 26 |
| Diluted EPS | 15.28 | 18.24 | 22.80 | 23.92 | 6.00 | 26.08 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 16.00B | 21.05B | 70.84B | 100.70B | 93.06B | 95.43B | 155.89B | 223.65B |
| Cash & ST investments | 274.97M | 456.35M | 1.33B | 5.83B | 5.74B | 8.19B | 14.42B | 17.66B |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- |
| Total assets | 16.06B | 21.40B | 71.34B | 101.54B | 94.50B | 97.14B | 158.76B | 228.44B |
| Total current liabilities | 14.56B | 18.66B | 62.86B | 80.38B | 73.53B | 72.43B | 130.61B | 187.70B |
| Short-term debt | 1.18B | 1.47B | 11.00B | 10.92B | 2.59B | 5.77B | 8.42B | 17.09B |
| Long-term debt | 400.00M | 1.59M | -- | -- | -- | -- | -- | -- |
| Total liabilities | 16,213,125,000.00 | 18,851,371,000.00 | 63,030,077,000.00 | 80,552,955,000.00 | 73,641,051,000.00 | 72,564,116,000.00 | 130,752,472,000.00 | 188,115,754,000.00 |
| Total equity | -150.19M | 2.55B | 8.31B | 20.99B | 20.86B | 24.57B | 28.00B | 40.32B |
| Retained earnings | -148.93M | 16.74M | 1.34B | 4.15B | 7.08B | 11.36B | 14.65B | 25.99B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 176.48B | 194.82B | 238.86B | 223.65B | 240.85B | 285.22B |
| Cash & ST investments | 9.63B | 9.38B | 15.91B | 17.66B | 23.65B | 25.65B |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 180.64B | 198.40B | 243.38B | 228.44B | 246.32B | 292.61B |
| Total current liabilities | 150.06B | 164.77B | 206.14B | 187.70B | 204.40B | 252.72B |
| Short-term debt | 10.96B | 9.45B | 13.21B | 17.09B | 22.11B | 27.79B |
| Long-term debt | -- | -- | -- | -- | -- | -- |
| Total liabilities | 150,348,296,000.00 | 165,119,851,000.00 | 206,583,547,000.00 | 188,115,754,000.00 | 204,826,605,000.00 | 253,403,144,000.00 |
| Total equity | 30.29B | 33.28B | 36.80B | 40.32B | 41.49B | 39.20B |
| Retained earnings | 16.80B | 19.37B | 22.60B | 25.99B | 26.84B | 27.63B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 4.47B | 1.97B | 20.46B | 6.01B | 3.47B | -6.34B | 31.00B | 40.79B |
| Depreciation & amortization | 8.33M | 66.10M | 79.78M | 120.13M | 149.65M | 171.21M | 175.51M | 222.99M |
| Free cash flow | 4.45B | 1.85B | 20.41B | 5.94B | 3.38B | -6.42B | 30.83B | 40.73B |
| Dividends paid | -- | -- | -- | -- | -- | 0 | 0 | -2.15B |
| Stock buybacks / issuance | 0 | 1.26B | 2.34B | 9.68B | -3.15B | -874.69M | 0 | 0 |
| Ending cash balance | 11.99B | 14.90B | 43.52B | 59.29B | 55.72B | 49.31B | 80.33B | 123.87B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | -- | -- | -- | -- | -- | -- |
| Depreciation & amortization | -- | -- | -- | -- | -- | -- |
| Free cash flow | -- | -- | -- | -- | -- | -- |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -- | -- | -- | -- | -- | -- |
| Ending cash balance | -- | -- | -- | -- | -- | -- |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 3.60 | 7.85 | 24.42 | 19.19 | 13.99 | 18.85 | 20.70 | 33.34 |
| ROA %i | 0.27 | 0.76 | 2.86 | 3.25 | 2.99 | 4.47 | 4.25 | 5.86 |
| ROIC %i | 1.43 | 4.07 | 11.21 | 10.91 | 10.52 | 15.85 | 16.24 | 24.11 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | 17.68 | 19.43 | 21.21 |
| EBIT margin %i | 25.73 | 17.71 | 44.34 | 44.73 | 46.87 | 50.03 | 48.72 | 61.63 |
| FCF / sales %i | 548.64 | 174.38 | 616.53 | 83.50 | 44.45 | -- | 226.85 | 178.29 |
| Current ratioi | 1.10 | 1.13 | 1.13 | 1.25 | 1.27 | 1.32 | 1.19 | 1.19 |
| Quick ratioi | 0.28 | 0.35 | 0.45 | 0.57 | 0.57 | 0.70 | 0.67 | 0.59 |
| Debt / assetsi | 9.81 | 7.67 | 15.64 | 10.92 | 2.85 | 6.06 | 5.39 | 7.65 |
| LT debt / equityi | -- | 6.83 | 1.88 | 0.78 | 0.49 | 0.50 | 0.47 | 0.98 |
| Interest coveragei | -- | -- | -- | -- | -- | -- | -- | -- |
| Revenue CAGR (3Y) %i | -- | 130.21 | 119.83 | 106.22 | 92.85 | 44.59 | 24.07 | 44.24 |
| Net income CAGR (3Y) %i | -- | -- | -- | 172.74 | 160.45 | 47.82 | 24.65 | 57.05 |
| FCF CAGR (3Y) %i | -- | 9.92 | 122.71 | 10.10 | 22.28 | -- | 73.12 | 129.17 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 23.41 | 26.29 | 30.27 | 33.34 | 28.09 | 30.80 |
| ROA %i | 4.55 | 4.96 | 5.08 | 5.86 | 4.70 | 4.53 |
| ROIC %i | 18.39 | 20.86 | 23.69 | 24.11 | 19.09 | 20.16 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 51.71 | 55.82 | 58.30 | 61.63 | 62.17 | 61.96 |
| FCF / sales %i | -- | -- | -- | 178.29 | -- | -- |
| Current ratioi | 1.18 | 1.18 | 1.16 | 1.19 | 1.18 | 1.13 |
| Quick ratioi | 0.58 | 0.54 | 0.54 | 0.59 | 0.61 | 0.59 |
| Debt / assetsi | 6.22 | 4.94 | 5.60 | 7.65 | 9.14 | 9.68 |
| LT debt / equityi | 0.91 | 1.03 | 1.14 | 0.98 | 0.96 | 1.36 |
| Interest coveragei | -- | -- | -- | -- | -- | -- |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Lead segment, long tail
- Brokerage commission and handling charge income is the largest reported line at 46.67% of revenue, across 3 reported segments.
- Interest income follows at 43.38%, so the top line still matters most but isn’t the whole story.
Revenue breakdown most recent period
Business
Brokerage commission and handling charge income46.67%
Interest income43.38%
Other income9.94%
Quote time 2026-10-08 06:15:37 · For reference only, not investment advice and not tailored to your situation.