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Robinhood Markets Inc
Previous close
$21.84
Day range
$20.17 - $22.34
Year range
$7.91 - $22.34
Market cap
18.37B USD
Avg Volume
18.82M
P/E ratio
145.70
Dividend yield
-
Primary exchange
NASDAQ
Top news
News about Robinhood CEO Vladimir Tenev
Financials
Income Statement
Revenue
Net income
| (USD) | Mar 2024info | Y/Y change |
|---|---|---|
Revenue | 618.00M | 40.14% |
Operating expense | 381.00M | -56.31% |
Net income | 157.00M | 130.72% |
Net profit margin | 25.40 | 121.92% |
Earnings per share | 0.24 | 149.79% |
EBITDA | — | — |
Effective tax rate | 3.09% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Mar 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 11.36B | 7.90% |
Total assets | 46.09B | 65.87% |
Total liabilities | 39.20B | 89.03% |
Total equity | 6.88B | — |
Shares outstanding | 878.84M | — |
Price to book | 2.79 | — |
Return on assets | 1.60% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
| (USD) | Mar 2024info | Y/Y change |
|---|---|---|
Net income | 157.00M | 130.72% |
Cash from operations | -623.00M | -175.24% |
Cash from investing | -47.00M | 90.23% |
Cash from financing | -30.00M | -172.73% |
Net change in cash | -700.00M | -308.33% |
Free cash flow | — | — |
About
Robinhood Markets, Inc. is an American financial services company headquartered in Menlo Park, California. The company provides an electronic trading platform accessible via mobile app that facilitates commission-free trades of stocks, exchange-traded funds and cryptocurrency, as well as cryptocurrency wallets, credit cards and other banking services. Rohinhood's revenue comes primarily from payment for order flow, net interest income, and subscription fees. The company has 23.9 million funded customers, 13.7 million monthly active users, and $130 billion in assets under custody.
The company is named after Robin Hood, based on its mission to "provide everyone with access to the financial markets, not just the wealthy", with no commissions or minimum account balances. The company has been credited for forcing the elimination of trading fees by several stockbrokers. Robinhood has targeted millennials as customers; in 2022, the average age of its customers was 32. Wikipedia
Founded
Apr 18, 2013
Headquarters
Website
Employees
2,200
