Nu Holdings Ltd. (NU)

Nu Holdings Ltd. provides digital banking platform in Brazil, Mexico, Colombia, the Cayman Islands, and the United States. The company provides spending solutions comprising Nu credit and prepaid card, a digitally enabled card that acts as a credit and a prepaid card; Nubank+ Tier, an evolution of the Nu experience; Ultraviolet credit and prepaid card, a premium metal credit card; mobile payment solutions for NuAccount customers to make and receive transfers, pay bills, and make everyday purchases through their mobile phones; and Nu Shopping, an integrated marketplace that enables customers to purchase goods and services from various ecommerce retailers. It also offers transactional solutions, such as Nu Personal Accounts, a digital account solution for personal financial activities; Nu business accounts for entrepreneur customers and their businesses; and Nu business prepaid and credit card. In addition, it offers savings and investing solutions, including Money Boxes, a solution for goal-based investing; investing solutions, an attractive investment product with customized and conflict-free guidance; and NuCrypto, a solution for buying and selling cryptocurrencies through the Nu app. Further, the company provides borrowing solutions comprising personal unsecured and secured loans; Pix financing that enables credit card and digital account customers to make free and instant peer-to-peer transfers; Boleto financing, which enables credit card and digital account customers to make payments; purchase financing; cash-in financing; and NuPay to make online purchases and pay for services through Nu app. Additionally, it offers protection solutions, such as NuInsurance protection solutions, including life, mobile, auto, home, and financial protection insurance policies; and beyond financial services solutions, including NuTravel, a travel portal; and NuCel, a mobile phone service. Nu Holdings Ltd. was founded in 2013 and is based in Sao Paulo, Brazil.

Symbol: NU
Exchange: NYSE
Sector: Financial Services
Industry: Banks - Regional
Market cap: $67.86B
52 week range: 11.2 - 18.98

Valuation

Share price: $13.62 (close of 2026-09-23)
P/E (TTM): 34.41x
Price to book: 8.87x
Price to free cash flow: 28.28x
Enterprise value: $59.25B
Book value per share: $1.60

Price performance

Period	Change
1 day	-3.13%
5 days	-4.02%
1 month	-6.58%
3 months	+8.18%
6 months	-7.22%
Year to date	-18.64%
1 year	-15.67%
3 years	+98.83%
All time	+31.85%

Profitability and growth

Return on equity: 25.79%
Return on assets: 3.95%
Gross margin: 45.61%
Net margin: 17.12%
EBITDA margin: 24.27%
Revenue growth: 43.44%
Net income growth: 91.37%
Free cash flow growth: 89.47%

Cash flow and balance sheet

Free cash flow yield (TTM): 3.54%
Net debt to EBITDA: -3.08x

Latest reported year

Period end: 2024-12-31
Fiscal year: 2024
Revenue: $11.52B
Gross profit: $5.25B
EBITDA: $2.80B
Net income: $1.97B
Earnings per share: $0.41
Shares outstanding: 4.79B

Income statement by year

Period end	Revenue	Gross profit	Net income	EPS
2024-12-31	$11.52B	$5.25B	$1.97B	$0.41
2023-12-31	$8.03B	$3.49B	$1.03B	$0.22
2022-12-31	$4.79B	$1.66B	$-364.58M	$-0.08
2021-12-31	$1.70B	$732.92M	$-164.99M	$-0.10
2020-12-31	$737.13M	$326.91M	$-171.49M	$-0.13
2019-12-31	$612.11M	$247.92M	$-92.53M	$-0.08

Margins and returns by year

Period end	Gross margin	Net margin	Return on equity
2024-12-31	45.61%	17.12%	25.79%
2023-12-31	43.48%	12.84%	16.09%
2022-12-31	34.70%	-7.61%	-7.45%
2021-12-31	43.16%	-9.72%	-3.71%
2020-12-31	44.35%	-23.26%	-39.14%
2019-12-31	40.50%	-15.12%	-15.11%