Freedom Holding Corp (FRHC)

Official site

FINANCIAL SERVICES • FINANCIAL CONGLOMERATES • NASDAQ

$176.14

+3.99 (+2.32%)

Market Cap: $11.05B

Last updated: Oct 16, 2026 at 1:55 PM ET

Earnings

Performance (10Y)

Beat Rate

46%(6/13)

Avg Surprise

-34.35%

Period	Reported	Est.	Range	Surprise	B/M	Analysts	Revisions	YoY
Jun 30, 2026Jun 26 Reported Aug 10, 2026Reported Aug 10	$0.52	N/A	-	N/A	Beat	-	-	+121.8%
Dec 31, 2025Dec 25 Reported Feb 9, 2026Reported Feb 9	$0.00	$0.00	-	N/A	Beat	-	-	-100.0%
Sep 30, 2025Sep 25 Reported Nov 7, 2025Reported Nov 7	$0.63	$0.00	-	N/A	Beat	-	-	-66.8%
Jun 30, 2025Jun 25 Reported Aug 8, 2025Reported Aug 8	$0.50	N/A	-	N/A	Beat	-	-	-12.8%
Mar 31, 2025Mar 25 Reported Jun 13, 2025Reported Jun 13	$-2.39	N/A	-	N/A	Beat	0	No revisions (30d)	-251.0%
Dec 31, 2024Dec 24 Reported Feb 7, 2025Reported Feb 7	$1.29	N/A	-	N/A	Beat	-	-	+180.8%
Sep 30, 2024Sep 24 Reported Nov 8, 2024Reported Nov 8	$1.90	N/A	-	N/A	Beat	-	-	+218.5%
Jun 30, 2024Jun 24 Reported Aug 9, 2024Reported Aug 9	$0.57	$0.00	$0.00 - $0.00	N/A	Beat	0	No revisions (30d)	-50.3%
Mar 31, 2024Mar 24 Reported Jun 13, 2024Reported Jun 13	$1.58	$0.00	-	N/A	Beat	0	No revisions (30d)	+71.8%
Dec 31, 2023Dec 23 Reported Feb 9, 2024Reported Feb 9	$-1.60	$1.14	$1.14 - $1.14	-240.35%	Miss	0	No revisions (30d)	-302.5%
Sep 30, 2023Sep 23 Reported Oct 10, 2023Reported Oct 10	$-1.60	$1.14	-	-240.35%	Miss	-	-	-297.5%
Jun 30, 2023Jun 23 Reported Aug 4, 2023Reported Aug 4	$1.15	$0.85	$0.85 - $0.85	+35.13%	Beat	0	No revisions (30d)	+11.5%
Mar 31, 2023Mar 23 Reported Jun 27, 2023Reported Jun 27	$0.92	$1.10	$1.10 - $1.10	-16.27%	Miss	0	No revisions (30d)	+156.9%
Dec 31, 2022Dec 22 Reported Feb 14, 2023Reported Feb 14	$0.79	$1.15	-	-31.30%	Miss	-	-	-7.1%
Sep 30, 2022Sep 22 Reported Nov 15, 2022Reported Nov 15	$0.81	$1.10	$1.10 - $1.10	-26.36%	Miss	0	0 1 30d	-76.5%
Jun 30, 2022Jun 22 Reported Aug 10, 2022Reported Aug 10	$1.03	$0.85	$0.85 - $0.85	+21.18%	Beat	0	No revisions (30d)	+18.4%
Mar 31, 2022Mar 22 Reported May 31, 2022Reported May 31	$-1.62	$1.14	$1.14 - $1.14	-242.11%	Miss	0	No revisions (30d)	-278.0%
Dec 31, 2021Dec 21 Reported Feb 9, 2022Reported Feb 9	$0.85	$1.02	$1.02 - $1.02	-16.67%	Miss	0	No revisions (30d)	+18.1%
Sep 30, 2021Sep 21 Reported Nov 8, 2021Reported Nov 8	$3.44	$0.91	$0.91 - $0.91	+278.02%	Beat	1	No revisions (30d)	+739.0%
Jun 30, 2021Jun 21 Reported Aug 9, 2021Reported Aug 9	$0.87	$0.82	$0.82 - $0.82	+6.10%	Beat	1	No revisions (30d)	+112.2%
Mar 31, 2021Mar 21 Reported Jun 15, 2021Reported Jun 15	$0.91	$0.72	-	+26.39%	Beat	-	-	+123.0%
Dec 31, 2020Dec 20 Reported Feb 9, 2021Reported Feb 9	$0.72	$0.72	-	+0.00%	Beat	-	-	+700.0%
Sep 30, 2020Sep 20 Reported Nov 9, 2020Reported Nov 9	$0.41	N/A	-	N/A	Beat	-	-	+173.3%
Jun 30, 2020Jun 20 Reported Jul 13, 2020Reported Jul 13	$0.41	N/A	-	N/A	Beat	-	-	+192.9%
Mar 31, 2020Mar 20 Reported Jun 30, 2020Reported Jun 30	$0.41	N/A	-	N/A	Beat	-	-	+716.2%
Dec 31, 2019Dec 19 Reported Feb 10, 2020Reported Feb 10	$0.09	N/A	-	N/A	Beat	-	-	-40.0%
Sep 30, 2019Sep 19 Reported Nov 12, 2019Reported Nov 12	$0.15	N/A	-	N/A	Beat	-	-	+400.0%
Jun 30, 2019Jun 19 Reported Aug 9, 2019Reported Aug 9	$0.14	N/A	-	N/A	Beat	-	-	+227.3%
Mar 31, 2019Mar 19 Reported Jun 14, 2019Reported Jun 14	$0.05	N/A	-	N/A	Beat	-	-	+183.3%
Dec 31, 2018Dec 18 Reported Feb 12, 2019Reported Feb 12	$0.15	N/A	-	N/A	Beat	-	-	+150.0%
Sep 30, 2018Sep 18 Reported Nov 14, 2018Reported Nov 14	$0.03	N/A	-	N/A	Beat	-	-	+110.0%
Jun 30, 2018Jun 18 Reported Aug 14, 2018Reported Aug 14	$-0.11	N/A	-	N/A	Beat	-	-	-109.0%
Mar 31, 2018Mar 18 Reported Jun 29, 2018Reported Jun 29	$-0.06	N/A	-	N/A	Beat	-	-	-108.5%
Dec 31, 2017Dec 17 Reported Feb 14, 2018Reported Feb 14	$-0.30	N/A	-	N/A	Beat	-	-	-157.1%
Sep 30, 2017Sep 17 Reported Nov 14, 2017Reported Nov 14	$-0.30	N/A	-	N/A	Beat	-	-	-
Jun 30, 2017Jun 17 Reported Aug 14, 2017Reported Aug 14	$1.22	N/A	-	N/A	Beat	-	-	-
Mar 31, 2017Mar 17 Reported Jun 30, 2017Reported Jun 30	$0.71	N/A	-	N/A	Beat	-	-	-
Dec 31, 2016Dec 16 Reported Feb 14, 2017Reported Feb 14	$0.53	N/A	-	N/A	Beat	-	-	-

Key Metrics

Valuation
P/E Ratio	N/A	EV/EBITDA	14.88x
Price/FCF	-13.24x	FCF Yield	-7.55%
Profitability
Profit Margin	8.43%	Operating Margin	5.01%
ROE	10.70%	ROIC	12.50%
Financial Health
Debt/Equity	1.77x	Interest Coverage	1.41x
Current Ratio	0.76x	Quick Ratio	0.76x
Trading Statistics
Beta	0.69	Avg Volume	95.75K
52-Week High	$178.00	52-Week Low	$107.97

Technical Indicators Dashboard

Moving Averages

SMA 10$172.12

SMA 20$171.42

SMA 50$165.13

SMA 200$145.99

EMA 10$171.79

EMA 20$170.64

EMA 50$165.82

EMA 200$153.05

MACD

Line: 1.87Signal: 2.13Hist: -0.26

ADX

ADX: 14.0+DI: 19.2-DI: 17.6

Aroon & PSAR

Aroon Up48.0

Aroon DownN/A

PSAR$163.78

Bollinger Bands

Upper Band$178.57

Lower Band$164.28

%B Position834%(Upper)

Band Width0.83

RSI (14-Day)

Neutral

58.2

Momentum Oscillators

Stoch %K63.1

Stoch %D50.3

Williams %R-11.6

ROC (10d)5.3%

Momentum8.84

CCI (20d)86.0

MFI (14d)34.1

Volatility Measures

ATR (14d)$5.93(3.4%)

StdDev (20d)3.57

Hist Vol37.7%(Moderate)

Volume Flow

VWAP$174.56

OBV2.1M

AD Line3.1M

CMF (20d)0.025

Volume Metrics

Avg Vol (20d)99.0K

Vol Ratio1.0x

VWMA (20d)$171.94

Pivot Points

R3$181.62

R2$177.81

R1$174.98

Pivot Point$171.17

S1$168.34

S2$164.53

S3$161.70

Advanced Oscillators

TSI8.85

Ultimate Osc51.8

KST47.20

Financial Data

Quarter	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Total Revenue	$720.88M	$466.70M	$615.57M	$530.89M	$524.86M	$445.78M	$576.44M	$506.91M	$439.38M	$489.87M	$431.23M	$421.48M
Cost of Revenue	$351.24M	$109.97M	$261.06M	$252.37M	$272.16M	$279.08M	$275.83M	$223.73M	$184.98M	$158.62M	$128.89M	$105.60M
Gross Profit	$369.64M	$356.73M	$354.51M	$278.52M	$252.70M	$166.70M	$300.61M	$283.18M	$254.40M	$331.25M	$302.34M	$315.88M

Operating Expenses	$162.89M	$207.51M	$154.53M	$118.81M	$107.34M	$181.26M	$75.34M	$38.10M	$78.42M	$96.05M	$61.34M	$46.20M
R&D	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
SG&A	$109.44M	$99.02M	$102.73M	$71.55M	$78.05M	$16.65M	$97.81M	$61.16M	$58.29M	$63.54M	$39.36M	$42.61M
Operating Income	$206.75M	$149.22M	$199.99M	$159.71M	$145.36M	$-14,557,000	$225.27M	$245.07M	$175.98M	$235.20M	$241.00M	$269.68M

Interest Income	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Interest Expense	$177.56M	$145.45M	$127.92M	$102.26M	$113.41M	$134.38M	$131.14M	$124.67M	$145.72M	$135.46M	$131.22M	$139.38M
Income Before Tax	$40.83M	$31.02M	$93.94M	$60.49M	$40.52M	$-155,467,000	$98.33M	$128.49M	$41.60M	$104.49M	$111.62M	$134.69M
Income Tax Expense	$9.17M	$23.04M	$17.71M	$21.77M	$10.12M	$-13,104,000	$20.19M	$14.00M	$7.34M	$9.01M	$15.54M	$19.21M

Net Income	$31.66M	$7.98M	$76.23M	$38.72M	$30.40M	$-142,689,000	$78.28M	$114.66M	$34.40M	$95.22M	$96.37M	$115.85M

EBITDA	$228.28M	$190.33M	$230.18M	$169.01M	$160.04M	$-16,643,000	$234.11M	$257.06M	$191.47M	$243.46M	$247.32M	$278.07M
EBIT	$218.40M	$176.47M	$221.86M	$162.75M	$153.93M	$-21,091,000	$229.46M	$253.15M	$187.32M	$239.95M	$242.84M	$274.07M

* Some calculated fields are derived from available data when not provided by source

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News

Seven years on Nasdaq: Freedom Holding’s market cap tops $11 billion

Freedom Holding Corp. has seen its market capitalization exceed $11.2 billion, seven years after its shares began trading on Nasdaq. The company's stock price has risen twelvefold...

Kursiv Media•Oct 15, 2026 2:32 PM ET10/15/26•Bullish

Freedom Holding Corp stock hits 52-week high at 178.09 USD

Freedom Holding Corp (FRHC) stock reached a new 52-week high of $178.09, reflecting a 44.76% year-to-date surge and a 64% increase from its 52-week low. Despite this strong momentum and a market cap of $11.3 billion...

Investing.com Nigeria•Oct 15, 2026 2:12 PM ET10/15/26•Bullish

Freedom Holding Corp stock hits 52-week high at 178.09 USD By Investing.com

Freedom Holding Corp (FRHC) stock has reached a new 52-week high of $178.09, demonstrating strong market performance with a 44.76% year-to-date surge and a 64% increase from its 52-week low. While the stock's market cap...

Investing.com South Africa•Oct 15, 2026 1:40 PM ET10/15/26•Bullish

Freedom Holding stock trades at a 70.74 earnings multiple

Freedom Holding (FRHC) stock is trading at a price-to-earnings ratio of 70.74, significantly higher than its peers Robinhood and Interactive Brokers. The company reported revenue of USD 554.96 million for Q1 fiscal 2027...

ad-hoc-news.de•Oct 15, 2026 1:40 PM ET10/15/26•Somewhat-Bearish

Freedom (NASDAQ:FRHC) Sets New 12-Month High - Still a Buy?

Freedom Holding Corp. (NASDAQ:FRHC) recently hit a new 52-week high of $178, trading up 2.0% with a market capitalization of $11.46 billion and a high P/E ratio of 71. Despite this new high, analyst sentiment is mixed...

MarketBeat•Oct 15, 2026 1:40 PM ET10/15/26•Somewhat-Bearish

FRHC Valuation and Fair Value

Forward P/E: 12.3x
EV/EBITDA: 14.9x
P/FCF: -13.2x
P/B: 7.0x

See GNG's fair value

FRHC Profitability: Margins, ROIC and FCF

Gross margin: 58.2%
Operating margin: 5.0%
Net margin: 8.4%
ROIC: 12.5%
ROE: 10.7%
FCF margin: -34.9%
FCF yield: -7.6%

FRHC Competitors

Company	Ticker
Ally Financial Inc	ALLY
First Horizon Corporation	FHN
Comerica Incorporated	CMA
Galaxy Digital Holdings Ltd	GLXY
Erie Indemnity Company	ERIE
Fidelity National Financial Inc	FNF
Invesco Plc	IVZ
Stifel Financial Corporation	SF

Sector: Financial Services

FRHC Bull Case vs Bear Case

Bull case

FRHC grew quarterly revenue 27.8% year over year.

FRHC Earnings: Beat Rate and Next Report

Beat rate: 4 of 8 quarters (50.0%)
Average surprise: -115.5%

Frequently Asked Questions About FRHC

Does FRHC pay dividends?

Freedom Holding Corp (FRHC) does not currently pay a regular dividend.

What is FRHC's market cap?

Freedom Holding Corp (FRHC) has a market capitalization of $11.05B with a current stock price of $176.14.

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