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IREN Ltd IREN

Nasdaq · stock · Finance Services · website · IPO 2021-11-17

IREN Ltd statistics & valuation

Market cap$16.8B
P / E193.8×
P / S33.6×
P / B9.3×
Net margin17.4%
Return on equity4.8%
FCF margin-65.4%
Return on capital0.6%
Graham number -80.6%$8.45

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 ($8.45); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
-15.40% 17.40% 20242025
Gross margin (%)
20242025
Operating margin (%)
-14.50% 3.50% 20242025
Return on equity (%)
-2.60% 4.80% 20242025
Shares outstanding
99.6M 223.2M 20242025
Net debt ($)
20242025
Share buybacks ($)
20242025
Return on assets (%)
-2.50% 3.00% 20242025
Free cash flow margin (%)
-47.90% -65.40% 20242025
Debt / equity (×)
20242025
EPS ($)
-$0.29 $0.39 20242025

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

Key ratios (by fiscal year)

RatioFY2025FY2024
Operating margin3.5%-14.5%
Net margin17.4%-15.4%
FCF margin-65.4%-47.9%
Return on assets3.0%-2.5%
Return on equity4.8%-2.6%
Current ratio4.298.86

Computed from company filings · US · as of 2025-06-30. Facts plus Stocktoria's own computed scores — not investment advice.