Stocktoria

Pagaya Technologies Ltd. PGY

Nasdaq · stock · Finance Services · website · IPO 2022-06-23

Pagaya Technologies Ltd. statistics & valuation

Market cap$1.3B
P / E16.2×
P / S1.0×
P / B2.4×
P / FCF5.9×
Net margin6.3%
Return on equity14.7%
FCF margin17.3%
Graham number -41.8%$11.83

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 ($11.83); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
-19.20% -40.40% -15.80% -38.90% 6.30% 20212022202320242025
Gross margin (%)
20212022202320242025
Operating margin (%)
-1.20% -33.60% -3.00% 6.50% 20.30% 20212022202320242025
Return on equity (%)
-51.40% -39.50% -19.30% -90.90% 14.70% 20212022202320242025
Shares outstanding
16.3M 38.3M 60.0M 70.9M 83.1M 20212022202320242025
Net debt ($)
$133.4M 20212022202320242025
Share buybacks ($)
20212022202320242025
Return on assets (%)
-15.40% -28.90% -10.60% -31.10% 5.30% 20212022202320242025
Free cash flow margin (%)
9.10% -8.30% -5.20% 2.90% 17.30% 20212022202320242025
Debt / equity (×)
0.73× 20212022202320242025
EPS ($)
-$8.25 -$8.22 -$2.14 -$5.66 $0.93 20212022202320242025

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)

RatioFY2025FY2024FY2023FY2022FY2021
Operating margin20.3%6.5%-3.0%-33.6%-1.2%
Net margin6.3%-38.9%-15.8%-40.4%-19.2%
FCF margin17.3%2.9%-5.2%-8.3%9.1%
Return on assets5.3%-31.1%-10.6%-28.9%-15.4%
Return on equity14.7%-90.9%-19.3%-39.5%-51.4%
Debt / equity—0.73×———
Current ratio—1.804.053.288.60

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