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Nubank Valuation Multiples
Discover revenue and EBITDA valuation multiples for Nubank and similar public comparables like OCBC Bank, Lloyds Banking Group, Saudi National Bank, Japan Post Bank and more.
Nubank Overview
About Nubank
Nu Holdings Ltd provides digital banking services. It offers several financial services such as Credit cards, Personal accounts, Investments, Personal Loans, Insurance, Mobile payments, Business Accounts, and Rewards. The company earns the majority of its revenue in Brazil.
Founded
2016
HQ

Employees
8.7K
Website
Financials (LTM)
EV
$70B
Nubank Financials
Nubank reported last 12-month revenue of $17B.
In the same LTM period, Nubank generated $7B in gross profit and $3B in net income.
Revenue (LTM)
Nubank P&L
In the most recent fiscal year, Nubank reported revenue of $8B and net income of $2B.
Nubank expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $17B | XXX | $8B | XXX | XXX | XXX |
| Gross Profit | $7B | XXX | — | XXX | XXX | XXX |
| Gross Margin | 42% | XXX | — | XXX | XXX | XXX |
| EBIT Margin | 26% | XXX | — | XXX | XXX | XXX |
| Net Profit | $3B | XXX | $2B | XXX | XXX | XXX |
| Net Margin | 19% | XXX | 24% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Nubank Stock Performance
Nubank has current market cap of $73B, and enterprise value of $70B.
Market Cap Evolution
Nubank's stock price is $15.00.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $70B | $73B | 0.0% | XXX | XXX | XXX | $0.41 |
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Start Free TrialNubank Valuation Multiples
Nubank trades at 4.2x EV/Revenue multiple.
EV / Revenue (LTM)
Nubank Financial Valuation Multiples
As of March 9, 2026, Nubank has market cap of $73B and EV of $70B.
Equity research analysts estimate Nubank's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Nubank has a P/E ratio of 23.4x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $73B | XXX | $73B | XXX | XXX | XXX |
| EV (current) | $70B | XXX | $70B | XXX | XXX | XXX |
| EV/Revenue | 4.2x | XXX | 8.5x | XXX | XXX | XXX |
| EV/EBIT | 16.3x | XXX | — | XXX | XXX | XXX |
| EV/Gross Profit | 10.0x | XXX | — | XXX | XXX | XXX |
| P/E | 23.4x | XXX | 36.9x | XXX | XXX | XXX |
| EV/FCF | — | XXX | 31.5x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Nubank Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Nubank Margins & Growth Rates
Nubank's revenue in the last 12 month grew by 31%.
Nubank's revenue per employee in the last FY averaged $1.9M, while opex per employee averaged $0.3M for the same period.
Nubank Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 31% | XXX | 91% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $1.9M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 2% | XXX | 3% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 15% | XXX | XXX | XXX |
| Opex to Revenue | 17% | XXX | — | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Nubank Public Comps
See public comps and valuation multiples for other Neobanking and Commercial Banking comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| OCBC Bank | XXX | XXX | XXX | XXX | XXX | XXX |
| Lloyds Banking Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Saudi National Bank | XXX | XXX | XXX | XXX | XXX | XXX |
| Japan Post Bank | XXX | XXX | XXX | XXX | XXX | XXX |
| CaixaBank | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Nubank M&A Activity
Nubank acquired XXX companies to date.
Last acquisition by Nubank was on XXXXXXXX, XXXXX. Nubank acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Nubank
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialNubank Investment Activity
Nubank invested in XXX companies to date.
Nubank made its latest investment on XXXXXXXX, XXXXX. Nubank invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Nubank
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Nubank
| When was Nubank founded? | Nubank was founded in 2016. |
| Where is Nubank headquartered? | Nubank is headquartered in Brazil. |
| How many employees does Nubank have? | As of today, Nubank has over 8K employees. |
| Who is the CEO of Nubank? | Nubank's CEO is David Velez Osorno. |
| Is Nubank publicly listed? | Yes, Nubank is a public company listed on NYSE. |
| What is the stock symbol of Nubank? | Nubank trades under NU ticker. |
| When did Nubank go public? | Nubank went public in 2021. |
| Who are competitors of Nubank? | Nubank main competitors are OCBC Bank, Lloyds Banking Group, Saudi National Bank, Japan Post Bank. |
| What is the current market cap of Nubank? | Nubank's current market cap is $73B. |
| What is the current revenue of Nubank? | Nubank's last 12 months revenue is $17B. |
| What is the current revenue growth of Nubank? | Nubank revenue growth (NTM/LTM) is 31%. |
| What is the current EV/Revenue multiple of Nubank? | Current revenue multiple of Nubank is 4.2x. |
| Is Nubank profitable? | Yes, Nubank is net-income-positive (as of the last 12 months). |
| What is the current net income of Nubank? | Nubank's last 12 months net income is $3B. |
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