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GRAB · Nasdaq · United States · Services-Business Services, Nec
In shortGrab Holdings Ltd is profitable, burns cash and holds more cash than debt, with revenue growing (+20.5% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 1.9% | 23/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 8.0% | 52/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 4.1% | 20/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 0.6% | 4/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.75× | 79/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.31× | 94/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 0.92× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | -1.47 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -0.5% | 18/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | -0.07× | 0/100 |
| Years with positive free cash flow (last 5) | 2 of 5 | 25/100 |
Weight in the score: 20%
| Profitable years (last 5) | 1 of 5 | 20/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 38.6% | 0/100 |
| Operating margin volatility | 97.4% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 33.0% | 100/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
2 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 675 | 1,433 | 2,359 | 2,797 | 3,370 |
| Cost of revenue | 1,070 | 68 | 1,499 | 1,623 | 1,914 |
| Gross profit | (395) | 1,365 | 860 | 1,174 | 1,456 |
| Research & development | 356 | 465 | 421 | 410 | 428 |
| Operating income | (1,555) | (1,373) | (519) | (168) | 65 |
| Interest expense | 1,701 | 166 | 99 | 106 | 71 |
| Pre-tax income | 3,552 | (1,734) | (466) | (95) | 269 |
| Income tax | 3 | 6 | 19 | 63 | 69 |
| Net income | (3,449) | (1,683) | (434) | (105) | 268 |
| Diluted EPS | −$6.39 | −$0.44 | −$0.11 | −$0.03 | $0.06 |
| Diluted shares (millions) | 540 | 3,814 | 3,895 | 3,995 | 4,206 |
2 older years available with the 10-year history. Essential plan, from €8.25/month →
−1.47 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
4/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Mar 6, 2026