profit from every $100 of sales.

Futu Holdings
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
You pay $9.29 for every $1 of profit it makes in a year.
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 Futu Holdings sold, what it kept, and what it did with the cash.
Sales went from HK$7.61 billion in 2022 to HK$22.8 billion in 2025, with HK$11.3 billion of profit last year.
Futu Holdings handed back 5% of the cash it generated last year.
Futu Holdings vs. similar companies
Futu Holdings grows the fastest of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Futu Holdings | 9.3× · Cheap | ||
Morgan Stanley | 17.7× · Fair price | ||
The Goldman Sachs Group | 15.4× · Fair price | ||
The Charles Schwab | 18.1× · Fair price | ||
Interactive Brokers Group | 141.6× · Very expensive |
AI analysis
An AI analyst reads Futu Holdings'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 HKD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 7,614 | 10,008 | 13,590 | 22,847 | |
| 6,618 | 8,472 | 11,145 | 19,905 | |
| 3,569 | 5,007 | 6,622 | 14,081 | |
| 3,719 | 5,179 | 6,797 | 14,304 | |
| 2,927 | 4,281 | 5,443 | 11,338 | |
| 20.32 | 30.56 | 38.88 | 80.24 | |
| 86.9% | 84.7% | 82.0% | 87.1% | |
| 46.9% | 50.0% | 48.7% | 61.6% | |
| 38.4% | 42.8% | 40.1% | 49.6% |
Balance sheet
| In millions of HKD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 94,503 | 97,136 | 158,757 | 228,437 |
| Cash | 5,029 | 4,938 | 11,688 | 10,466 |
| Total debt | 2,692 | 5,890 | 8,554 | 17,480 |
| Total liabilities | 73,641 | 72,564 | 130,752 | 188,116 |
| 20,862 | 24,569 | 28,011 | 40,001 | |
| 144 | 140 | 140 | 141 | |
| 12.0% | 13.0% | 14.3% | 19.4% | |
| 14.0% | 17.4% | 19.4% | 28.3% |
Cash flow
| In millions of HKD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 3,475 | -6,337 | 30,996 | 40,788 | |
| 91 | 78 | 168 | 55 | |
| 3,384 | -6,415 | 30,829 | 40,733 | |
| Dividends paid | – | 0 | 0 | 2,151 |
| 3,146 | 875 | 0 | 0 | |
| 205 | 291 | 335 | 343 |
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
- 9.3×
- 1.0×
- 0.16
- 2.7×
- 4.6×
- 10.8%
- 2.0%
Profitability
- 49.6%
- 19.8%
- 15.0%
- 26.6%
- 4.1%
Growth
- +44.2%
- +58.1%
- –
- −0.6%
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.
What analysts expect
- Average price target
- $222.00
- Range
- $205.00 – $236.00
- 2 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 |
|---|---|---|---|
| Mar 12, 2026 | 3.07 | 2.88 | +6.6% |
| Nov 18, 2025 | 2.93 | 3.06 | −4.2% |
| Aug 20, 2025 | 2.32 | 2.13 | +8.9% |
| May 29, 2025 | 1.96 | 1.79 | +9.5% |
| Mar 13, 2025 | 1.72 | 1.55 | +11.0% |
| Nov 19, 2024 | 1.21 | 1.27 | −4.7% |
| Aug 20, 2024 | 1.11 | 1.03 | +7.8% |
| May 28, 2024 | 0.95 | 0.87 | +9.7% |
How safe it looks
19.0% of its profit
Room to growStretchedMore than it earns: 5.3%
News
No recent news on file.
Insider 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
7/7Passes 7 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.
Questions about Futu Holdings
Is Futu Holdings a good stock to buy?
A strong, very profitable business, and the price looks low. 7 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 Futu Holdings AI analysis
What does Futu Holdings do?
Futu Holdings Limited engages in the provision of digitalized securities brokerage and wealth management product distribution service in Hong Kong and internationally. It is in Capital Markets, based in Admiralty, Hong Kong, with 3,540 employees.
Does Futu Holdings pay a dividend?
Yes. At today's price the dividend is 2.0% a year, about 19% of its yearly profit. In 2025 it paid out $2.15 billion in dividends.
Is Futu Holdings stock halal?
No. Futu Holdings does not pass our halal screen: its cash and receivables are 98% of its market value, at or above the 49% limit. How we check
How has Futu Holdings stock done over the past year?
Down 46.7% over the past twelve months, to $95.75. It traded between $89.76 and $188.11 and is 49.1% below its high.
Who are Futu Holdings's competitors?
The largest listed companies in the same industry are Morgan Stanley, The Goldman Sachs Group, The Charles Schwab and Interactive Brokers Group. The peers table on this page compares their profit, growth and price with Futu Holdings's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



