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BREAD FINANCIAL HOLDINGS, INC. BFH

NYSE · stock · Personal Credit Institutions · website · IPO 2001-06-08 · LEI

BREAD FINANCIAL HOLDINGS, INC. statistics & valuation

Market cap$4.3B
P / E8.3×
P / B1.3×
Dividend yield0.93%
Return on equity15.6%
Net debt$704.0M
Enterprise value USD$5.0B
Graham number +18.5%$130.87

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($130.87); a green figure means the price is below it.

Profitability & efficiency

Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
17.70% 27.70% 31.00% 11.90% 6.70% 2016201720182019202020212022202320242025
Return on equity (%)
42.50% 41.30% 17.50% 14.10% 38.40% 9.80% 24.60% 9.10% 15.60% 2016201720182019202020212022202320242025
Shares outstanding
58.9M 55.9M 55.1M 50.9M 47.9M 50.0M 50.0M 50.0M 50.4M 47.6M 2016201720182019202020212022202320242025
Net debt ($)
$3.74B $1.89B $1.92B -$1.02B $9.7M $4.39B $4.12B $1.70B $1.88B $704.0M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
2.60% 3.20% 1.00% 0.90% 3.70% 0.90% 3.10% 1.20% 2.30% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
3.38× 3.28× 2.46× 1.79× 1.84× 3.57× 3.54× 1.81× 1.82× 1.29× 2016201720182019202020212022202320242025
EPS ($)
$7.34 $14.10 $17.49 $5.46 $4.46 $16.02 $4.46 $14.34 $5.49 $10.89 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

BREAD FINANCIAL HOLDINGS, INC. trades at about 10.1× earnings — below its 10-year norm (10-year range 2.5×–24.8×, median 11.5×).

2.5× 24.8×

Shaded band = 10-year range (2.5×–24.8×); dot = today's 10.1×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin—————6.7%11.9%31.0%27.7%17.7%
Net margin—————4.7%5.0%17.0%14.4%—
Return on assets2.3%1.2%3.1%0.9%3.7%0.9%1.0%3.2%2.6%—
Return on equity15.6%9.1%24.6%9.8%38.4%14.1%17.5%41.3%42.5%—
Debt / equity1.29×1.82×1.81×3.54×3.57×1.84×1.79×2.46×3.28×3.38×
Current ratio—————1.882.032.152.432.12

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.