profit from every $100 of sales.
$0$100
Freedom
$156.02-1.26% today
+13.4% in 1 year
1-year low $112.031-year high $187.30
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2021 to 2026.
0%20% a year
You pay $64.91 for every $1 of profit it makes in a year.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What Freedom sold, what it kept, and what it did with the cash.
Sales went from $796 million in 2023 to $2.17 billion in 2026, with $153 million of profit last year.
SalesProfit
Freedom vs. similar companies
Freedom grows the fastest of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Freedom | 64.9× · Very expensive | ||
 Raymond James Financial | 15.2× · Fair price | ||
 Tradeweb Markets | 35.0× · Expensive | ||
 Nomura Holdings | 13.3× · Cheap | ||
 LPL Financial Holdings | 26.4× · Fair price |
AI analysis
An AI analyst reads Freedom's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| 347 | 690 | 796 | 1,638 | 1,987 | 2,165 | |
| – | – | 571 | 1,168 | 1,061 | 1,181 | |
| – | – | 441 | 930 | 623 | 689 | |
| 177 | 444 | 450 | 955 | 658 | 750 | |
| 150 | 227 | 205 | 379 | 76 | 153 | |
| 2.56 | 3.84 | 3.45 | 6.39 | 1.26 | 2.51 | |
| – | – | 71.7% | 71.3% | 53.4% | 54.6% | |
| – | – | 55.5% | 56.8% | 31.4% | 31.8% | |
| 43.1% | 33.0% | 25.8% | 23.2% | 3.8% | 7.1% |
Balance sheet
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Total assets | 2,100 | 3,230 | 5,085 | 8,302 | 9,915 | 13,155 |
| Cash | 169 | 225 | 581 | 545 | 837 | 966 |
| Total debt | – | – | 1,608 | 3,069 | 1,953 | 2,432 |
| Total liabilities | 1,825 | 2,684 | 4,314 | 7,135 | 8,691 | 11,666 |
| 277 | 554 | 777 | 1,164 | 1,224 | 1,489 | |
| 58,443 | 59,378 | 60 | 59 | 60 | 61 | |
| 49.6% | 62.9% | 14.7% | 17.5% | 15.9% | 14.4% | |
| 54.0% | 41.1% | 26.4% | 32.6% | 6.2% | 10.3% |
Cash flow
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| 529 | -406 | -952 | -1,064 | 1,681 | 185 | |
| – | – | – | – | – | 222 | |
| – | – | -990 | -1,108 | 1,586 | -37 | |
| Dividends paid | – | – | – | – | – | – |
| – | – | – | – | – | – | |
| 0 | 8 | 9 | 23 | 60 | 68 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 64.9×
- –
- –
- 6.5×
- 4.6×
- 1.5%
- 0.0%
Profitability
- 7.1%
- 8.8%
- 8.0%
- 11.5%
- 1.2%
Growth
- +44.2%
- −0.4%
- –
- +0.3%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 31%of 667
Top 29%of 522
Bottom 4%of 903
Top 9%of 911
Bottom 24%of 939
What analysts expect
- Average price target
- $138.00
- Range
- $138.00 – $138.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Feb 9, 2026 | 1.25 | 0.87 | +43.7% |
| Nov 7, 2025 | 0.63 | – | – |
| Aug 8, 2025 | 0.50 | – | – |
| Jun 13, 2025 | -2.36 | – | – |
| Feb 7, 2025 | 1.32 | – | – |
| Nov 8, 2024 | 1.89 | – | – |
| Aug 9, 2024 | 0.57 | – | – |
| Jun 13, 2024 | 1.58 | – | – |
News
Mosaic downgraded by Freedom Broker as sulfur costs squeeze profitsSeeking Alpha · Nov 11, 2026Young Americans are giving up on car ownership. It’s a path to financial freedom for some.MarketWatch · Oct 24, 2026Goldman Sachs raised to Buy at Freedom BrokerSeeking Alpha · Oct 23, 2026Prologis raised to Buy at Freedom Broker on valuationSeeking Alpha · Oct 19, 2026Singdata Delivers True Multi-Cloud Data Freedom: Fully Managed Lakehouse SaaS Now Live Across 8 Global Clouds and 3 CPU ArchitecturesYahoo Finance · Sep 15, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
32No pass
Benjamin Graham
28No pass
Philip Fisher
39No pass
Peter Lynch
38No pass
Joel Greenblatt
28No pass
Charlie Munger
33No pass
Terry Smith
28No pass
Questions about Freedom
Is Freedom a good stock to buy?
A business with weak numbers, priced as if everything goes right. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Freedom AI analysis
What does Freedom do?
Freedom Holding Corp., through its subsidiaries, provides retail securities brokerage, research, investment counseling, securities trading, market making, retail banking, corporate investment banking, and underwriting services. It is in Financial - Capital Markets, based in New York, NY, United States, with 11,627 employees.
Does Freedom pay a dividend?
No. Freedom does not pay a dividend at the moment.
Is Freedom stock halal?
No. Freedom does not pass our halal screen: its cash and receivables are 79% of its market value, at or above the 49% limit. How we check
How has Freedom stock done over the past year?
Up 13.4% over the past twelve months, to $156.02. It traded between $112.03 and $187.30 and is 16.7% below its high.
Who are Freedom's competitors?
The largest listed companies in the same industry are Raymond James Financial, Tradeweb Markets, Nomura Holdings and LPL Financial Holdings. The peers table on this page compares their profit, growth and price with Freedom's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.