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Annual data and sources

Marqeta, Inc. (MQ) · Nasdaq · USD · Sector unavailable · CIK 0001522540

Annual coverage: 2019-12-31–2025-12-31 (7 periods). Financial snapshot built 2026-10-09.

MQ annual financial history

All stored annual observations, independent of the chart window. Per-share amounts in USD. Unavailable values are not zero.

See the calculation and limitations.

Annual EPS, cash flow, dividends, and fiscal-year dividend yield for Marqeta, Inc.
Fiscal year / endBasic EPSDiluted EPSFCF / shareDividends / shareFiscal-year dividend yieldFiling sources
2025
2025-12-31
UnavailableUnavailable1.39UnavailableUnavailableOperating cash flow (2026-02-24) · Capex (2026-02-24)
2024
2024-12-31
UnavailableUnavailable0.43UnavailableUnavailableOperating cash flow (2026-02-24) · Capex (2026-02-24)
2023
2023-12-31
UnavailableUnavailable0.15UnavailableUnavailableOperating cash flow (2026-02-24) · Capex (2026-02-24)
2022
2022-12-31
UnavailableUnavailable-0.11UnavailableUnavailableOperating cash flow (2025-02-26) · Capex (2025-02-26)
2021
2021-12-31
UnavailableUnavailable0.60UnavailableUnavailableOperating cash flow (2024-02-28) · Capex (2024-02-28)
2020
2020-12-31
UnavailableUnavailable1.56UnavailableUnavailableOperating cash flow (2023-02-28) · Capex (2023-02-28)
2019
2019-12-31
UnavailableUnavailable-0.71UnavailableUnavailableOperating cash flow (2022-03-11) · Capex (2022-03-11)

Annual per-share context (USD/share)

Complete annual history, independent of chart loading and range. Revenue/share is annual revenue per average diluted share. Debt/share is borrowings per year-end common share, excluding leases. Missing inputs remain unavailable. Metric definitions.

Fiscal endRevenue / shareTotal debt / shareInputs & filing sources
2025-12-315.41Unavailable
Inputs & filings

revenue: 624884000; averageDilutedShares: 115542000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date

revenue (2026-02-24)
averageDilutedShares (2026-02-24)
2024-12-313.91Unavailable
Inputs & filings

revenue: 506995000; averageDilutedShares: 129711250; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date

revenue (2026-02-24)
averageDilutedShares (2026-02-24)
2023-12-315.08Unavailable
Inputs & filings

revenue: 676171000; averageDilutedShares: 133135000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date

revenue (2026-02-24)
averageDilutedShares (2026-02-24)
2022-12-315.49Unavailable
Inputs & filings

revenue: 748206000; averageDilutedShares: 136349250; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date

revenue (2025-02-26)
averageDilutedShares (2025-02-26)
2021-12-315.70Unavailable
Inputs & filings

revenue: 517175000; averageDilutedShares: 90689116.5; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date

revenue (2024-02-28)
averageDilutedShares (2024-02-28)
2020-12-319.45Unavailable
Inputs & filings

revenue: 290292000; averageDilutedShares: 30733139; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date

revenue (2023-02-28)
averageDilutedShares (2023-02-28)
2019-12-315.03Unavailable
Inputs & filings

revenue: 143267000; averageDilutedShares: 28462928.5; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date

revenue (2022-03-11)
averageDilutedShares (2022-03-11)

Annual returns and cash generation (%)

Complete annual history, independent of chart loading and range. FCF margin and FCF / net income use matching annual totals. ROCE uses positive exact opening and closing capital-employed bases. Inputs, scopes and unavailable reasons are disclosed below. Missing inputs remain unavailable. Metric definitions.

Fiscal endFCF margin (%)FCF / net income (%)ROCE (%)Inputs & filing sources
2025-12-3125.73Unavailable-4.97
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":160788000,"capex":{"accession":"0001522540-26-000017","end":"2025-12-31","filed":"2026-02-24","form":"10-K","start":"2025-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001522540-26-000017","end":"2025-12-31","filed":"2026-02-24","form":"10-K","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":624884000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"netIncome":{"value":-13925000,"tag":"NetIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"operatingIncome":{"value":-46430000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"openingAssets":{"value":1463204000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"openingCurrentLiabilities":{"value":370985000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"openingCapitalEmployed":{"value":1092219000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":1085018000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"openingTotalEquity":{"value":1085018000,"inputNames":["openingParentEquity","openingAssets","openingLiabilities"]},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":378186000,"tag":"Liabilities","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"openingCash":{"value":923016000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2024-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2024-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"openingCommonEquity":{"value":1085018000,"inputNames":["openingParentEquity","openingPreferredShares"]},"closingAssets":{"value":1525033000,"tag":"Assets","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"closingCurrentLiabilities":{"value":749057000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"closingCapitalEmployed":{"value":775976000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":761957000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"closingTotalEquity":{"value":761957000,"inputNames":["closingParentEquity","closingAssets","closingLiabilities"]},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":763076000,"tag":"Liabilities","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"closingCash":{"value":709443000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2025-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2025-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"closingCommonEquity":{"value":761957000,"inputNames":["closingParentEquity","closingPreferredShares"]},"commonNetIncome":{"value":-13925000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"incomeTaxExpense":{"value":596000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"pretaxIncome":{"value":-13329000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":934097500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":923487500,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 25.73085564680805; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -4.970573200335083

fcfMargin component 1 (2026-02-24) · fcfMargin component 2 (2026-02-24) · fcfMargin component 3 (2026-02-24)
cashConversion component 1 (2026-02-24) · cashConversion component 2 (2026-02-24) · cashConversion component 3 (2026-02-24)
roce component 1 (2026-02-24) · roce component 2 (2026-02-24) · roce component 3 (2026-02-24) · roce component 4 (2026-02-24) · roce component 5 (2026-02-24)
2024-12-3111.00204.32-2.09
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":55752000,"capex":{"accession":"0001522540-26-000017","end":"2024-12-31","filed":"2026-02-24","form":"10-K","start":"2024-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001522540-26-000017","end":"2024-12-31","filed":"2026-02-24","form":"10-K","start":"2024-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":506995000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"netIncome":{"value":27287000,"tag":"NetIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"operatingIncome":{"value":-24466000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"openingAssets":{"value":1589691000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-26","accession":"0001628280-25-008232","form":"10-K"},"openingCurrentLiabilities":{"value":336579000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-26","accession":"0001628280-25-008232","form":"10-K"},"openingCapitalEmployed":{"value":1253112000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":1243395000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":346296000,"tag":"Liabilities","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-26","accession":"0001628280-25-008232","form":"10-K"},"openingCash":{"value":980972000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2023-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2023-12-31","filed":"2025-02-26","accession":"0001628280-25-008232","form":"10-K"},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":1463204000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"closingCurrentLiabilities":{"value":370985000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"closingCapitalEmployed":{"value":1092219000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":1085018000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"closingTotalEquity":{"value":1085018000,"inputNames":["closingParentEquity","closingAssets","closingLiabilities"]},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":378186000,"tag":"Liabilities","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"closingCash":{"value":923016000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2024-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2024-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"closingCommonEquity":{"value":1085018000,"inputNames":["closingParentEquity","closingPreferredShares"]},"commonNetIncome":{"value":27287000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"incomeTaxExpense":{"value":793000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"pretaxIncome":{"value":28080000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"effectiveTaxRate":{"value":0.02824074074074074,"inputNames":["incomeTaxExpense","pretaxIncome"]},"nopat":{"value":-23775062.037037037,"inputNames":["operatingIncome","effectiveTaxRate"]},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":1172665500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{"roe":{"commonNetIncome":{"value":27287000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2025-02-26","accession":"0001628280-25-008232","form":"10-K"},"averageCommonEquity":{"value":1164206500,"inputNames":["openingCommonEquity","closingCommonEquity"]},"openingCommonEquity":{"value":1243395000,"inputNames":["openingParentEquity","openingPreferredShares"]},"openingParentEquity":{"value":1243395000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-26","accession":"0001628280-25-008232","form":"10-K"},"openingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2023-12-31","filed":"2025-02-26","accession":"0001628280-25-008232","form":"10-K"},"closingCommonEquity":{"value":1085018000,"inputNames":["closingParentEquity","closingPreferredShares"]},"closingParentEquity":{"value":1085018000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2025-02-26","accession":"0001628280-25-008232","form":"10-K"},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2024-12-31","filed":"2025-02-26","accession":"0001628280-25-008232","form":"10-K"}}}}; fcfMargin: 10.996558151461059; cashConversion: 204.31707406457286; roce: -2.0863579597080326

fcfMargin component 1 (2026-02-24) · fcfMargin component 2 (2026-02-24) · fcfMargin component 3 (2026-02-24)
cashConversion component 1 (2026-02-24) · cashConversion component 2 (2026-02-24) · cashConversion component 3 (2026-02-24)
roce component 1 (2026-02-24) · roce component 2 (2025-02-26) · roce component 3 (2025-02-26) · roce component 4 (2026-02-24) · roce component 5 (2026-02-24)
2023-12-313.01Unavailable-20.65
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":20342000,"capex":{"accession":"0001522540-26-000017","end":"2023-12-31","filed":"2026-02-24","form":"10-K","start":"2023-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001522540-26-000017","end":"2023-12-31","filed":"2026-02-24","form":"10-K","start":"2023-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":676171000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"netIncome":{"value":-222962000,"tag":"NetIncomeLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"operatingIncome":{"value":-283015000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"openingAssets":{"value":1770346000,"tag":"Assets","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-28","accession":"0001628280-24-007663","form":"10-K"},"openingCurrentLiabilities":{"value":282879000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-28","accession":"0001628280-24-007663","form":"10-K"},"openingCapitalEmployed":{"value":1487467000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":1472956000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":297390000,"tag":"Liabilities","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-28","accession":"0001628280-24-007663","form":"10-K"},"openingCash":{"value":1183846000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2022-12-31","filed":"2025-02-26","accession":"0001628280-25-008232","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2022-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2022-12-31","filed":"2024-02-28","accession":"0001628280-24-007663","form":"10-K"},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":1589691000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-26","accession":"0001628280-25-008232","form":"10-K"},"closingCurrentLiabilities":{"value":336579000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-26","accession":"0001628280-25-008232","form":"10-K"},"closingCapitalEmployed":{"value":1253112000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":1243395000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"closingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":346296000,"tag":"Liabilities","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-26","accession":"0001628280-25-008232","form":"10-K"},"closingCash":{"value":980972000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2023-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2023-12-31","filed":"2025-02-26","accession":"0001628280-25-008232","form":"10-K"},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-222962000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"incomeTaxExpense":{"value":-7613000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"pretaxIncome":{"value":-230575000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":1370289500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{"roe":{"commonNetIncome":{"value":-222962000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2024-02-28","accession":"0001628280-24-007663","form":"10-K"},"averageCommonEquity":{"value":1358175500,"inputNames":["openingCommonEquity","closingCommonEquity"]},"openingCommonEquity":{"value":1472956000,"inputNames":["openingParentEquity","openingPreferredShares"]},"openingParentEquity":{"value":1472956000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-28","accession":"0001628280-24-007663","form":"10-K"},"openingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2022-12-31","filed":"2024-02-28","accession":"0001628280-24-007663","form":"10-K"},"closingCommonEquity":{"value":1243395000,"inputNames":["closingParentEquity","closingPreferredShares"]},"closingParentEquity":{"value":1243395000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2024-02-28","accession":"0001628280-24-007663","form":"10-K"},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2023-12-31","filed":"2024-02-28","accession":"0001628280-24-007663","form":"10-K"}}}}; fcfMargin: 3.008410594361486; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -20.65366479127221

fcfMargin component 1 (2026-02-24) · fcfMargin component 2 (2026-02-24) · fcfMargin component 3 (2026-02-24)
cashConversion component 1 (2026-02-24) · cashConversion component 2 (2026-02-24) · cashConversion component 3 (2026-02-24)
roce component 1 (2026-02-24) · roce component 2 (2024-02-28) · roce component 3 (2024-02-28) · roce component 4 (2025-02-26) · roce component 5 (2025-02-26)
2022-12-31-2.04Unavailable-13.62
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-15285000,"capex":{"accession":"0001628280-25-008232","end":"2022-12-31","filed":"2025-02-26","form":"10-K","start":"2022-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001628280-25-008232","end":"2022-12-31","filed":"2025-02-26","form":"10-K","start":"2022-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":748206000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-26","accession":"0001628280-25-008232","form":"10-K"},"netIncome":{"value":-184780000,"tag":"NetIncomeLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-26","accession":"0001628280-25-008232","form":"10-K"},"operatingIncome":{"value":-209808000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-26","accession":"0001628280-25-008232","form":"10-K"},"openingAssets":{"value":1830378000,"tag":"Assets","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-28","accession":"0001522540-23-000015","form":"10-K"},"openingCurrentLiabilities":{"value":237968000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-28","accession":"0001522540-23-000015","form":"10-K"},"openingCapitalEmployed":{"value":1592410000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":1573426000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2021-12-31","filed":"2025-02-26","accession":"0001628280-25-008232","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":256952000,"tag":"Liabilities","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-28","accession":"0001522540-23-000015","form":"10-K"},"openingCash":{"value":1247581000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2021-12-31","filed":"2024-02-28","accession":"0001628280-24-007663","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2021-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2021-12-31","filed":"2022-03-11","accession":"0001522540-22-000013","form":"10-K"},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":1770346000,"tag":"Assets","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-28","accession":"0001628280-24-007663","form":"10-K"},"closingCurrentLiabilities":{"value":282879000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-28","accession":"0001628280-24-007663","form":"10-K"},"closingCapitalEmployed":{"value":1487467000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":1472956000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-31","filed":"2026-02-24","accession":"0001522540-26-000017","form":"10-K"},"closingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":297390000,"tag":"Liabilities","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-28","accession":"0001628280-24-007663","form":"10-K"},"closingCash":{"value":1183846000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2022-12-31","filed":"2025-02-26","accession":"0001628280-25-008232","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2022-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2022-12-31","filed":"2024-02-28","accession":"0001628280-24-007663","form":"10-K"},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-184780000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-26","accession":"0001628280-25-008232","form":"10-K"},"incomeTaxExpense":{"value":-102000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-26","accession":"0001628280-25-008232","form":"10-K"},"pretaxIncome":{"value":-184882000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-26","accession":"0001628280-25-008232","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":1539938500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -2.0428865847106277; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -13.624440196800066

fcfMargin component 1 (2025-02-26) · fcfMargin component 2 (2025-02-26) · fcfMargin component 3 (2025-02-26)
cashConversion component 1 (2025-02-26) · cashConversion component 2 (2025-02-26) · cashConversion component 3 (2025-02-26)
roce component 1 (2025-02-26) · roce component 2 (2023-02-28) · roce component 3 (2023-02-28) · roce component 4 (2024-02-28) · roce component 5 (2024-02-28)
2021-12-3110.49Unavailable-16.97
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":54229000,"capex":{"accession":"0001628280-24-007663","end":"2021-12-31","filed":"2024-02-28","form":"10-K","start":"2021-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001628280-24-007663","end":"2021-12-31","filed":"2024-02-28","form":"10-K","start":"2021-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":517175000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-28","accession":"0001628280-24-007663","form":"10-K"},"netIncome":{"value":-163929000,"tag":"NetIncomeLoss","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-28","accession":"0001628280-24-007663","form":"10-K"},"operatingIncome":{"value":-162006000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-28","accession":"0001628280-24-007663","form":"10-K"},"openingAssets":{"value":457680000,"tag":"Assets","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-03-11","accession":"0001522540-22-000013","form":"10-K"},"openingCurrentLiabilities":{"value":141098000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-03-11","accession":"0001522540-22-000013","form":"10-K"},"openingCapitalEmployed":{"value":316582000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":-213717000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2020-12-31","filed":"2024-02-28","accession":"0001628280-24-007663","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":169516000,"tag":"Liabilities","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-03-11","accession":"0001522540-22-000013","form":"10-K"},"openingCash":{"value":220433000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2020-12-31","filed":"2023-02-28","accession":"0001522540-23-000015","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2021-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2021-12-31","filed":"2022-03-11","accession":"0001522540-22-000013","form":"10-K"},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-163929000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-28","accession":"0001628280-24-007663","form":"10-K"},"incomeTaxExpense":{"value":-640000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-28","accession":"0001628280-24-007663","form":"10-K"},"pretaxIncome":{"value":-164569000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-28","accession":"0001628280-24-007663","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":954496000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 10.485618987770097; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -16.972936502614992

fcfMargin component 1 (2024-02-28) · fcfMargin component 2 (2024-02-28) · fcfMargin component 3 (2024-02-28)
cashConversion component 1 (2024-02-28) · cashConversion component 2 (2024-02-28) · cashConversion component 3 (2024-02-28)
roce component 1 (2024-02-28) · roce component 2 (2022-03-11) · roce component 3 (2022-03-11) · roce component 4 (2023-02-28) · roce component 5 (2023-02-28)
2020-12-3116.50UnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":47898000,"capex":{"accession":"0001522540-23-000015","end":"2020-12-31","filed":"2023-02-28","form":"10-K","start":"2020-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001522540-23-000015","end":"2020-12-31","filed":"2023-02-28","form":"10-K","start":"2020-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":290292000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-28","accession":"0001522540-23-000015","form":"10-K"},"netIncome":{"value":-47695000,"tag":"NetIncomeLoss","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-28","accession":"0001522540-23-000015","form":"10-K"},"operatingIncome":{"value":-47087000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-28","accession":"0001522540-23-000015","form":"10-K"},"openingAssets":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCurrentLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCapitalEmployed":{"value":null,"inputNames":["openingAssets","openingCurrentLiabilities"],"reason":"Exact assets/current-liabilities balance missing, conflicting or from different filings at 2019-12-31"},"openingParentEquity":{"value":-198406000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2019-12-31","filed":"2023-02-28","accession":"0001522540-23-000015","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCash":{"value":60344000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2019-12-31","filed":"2022-03-11","accession":"0001522540-22-000013","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2019-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":457680000,"tag":"Assets","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-03-11","accession":"0001522540-22-000013","form":"10-K"},"closingCurrentLiabilities":{"value":141098000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-03-11","accession":"0001522540-22-000013","form":"10-K"},"closingCapitalEmployed":{"value":316582000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":-213717000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2020-12-31","filed":"2024-02-28","accession":"0001628280-24-007663","form":"10-K"},"closingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":169516000,"tag":"Liabilities","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-03-11","accession":"0001522540-22-000013","form":"10-K"},"closingCash":{"value":220433000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2020-12-31","filed":"2023-02-28","accession":"0001522540-23-000015","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2020-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-47695000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-28","accession":"0001522540-23-000015","form":"10-K"},"incomeTaxExpense":{"value":87000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-28","accession":"0001522540-23-000015","form":"10-K"},"pretaxIncome":{"value":-47608000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-28","accession":"0001522540-23-000015","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":null,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 16.499937993468645; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: matching numerator and positive exact opening/closing CapitalEmployed required; ambiguous scopes remain unavailable; unavailable: openingCapitalEmployed; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2019-12-31

fcfMargin component 1 (2023-02-28) · fcfMargin component 2 (2023-02-28) · fcfMargin component 3 (2023-02-28)
cashConversion component 1 (2023-02-28) · cashConversion component 2 (2023-02-28) · cashConversion component 3 (2023-02-28)
roce component 1 (2023-02-28) · roce component 2 (2022-03-11) · roce component 3 (2022-03-11)
2019-12-31-14.19UnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-20336000,"capex":{"accession":"0001522540-22-000013","end":"2019-12-31","filed":"2022-03-11","form":"10-K","start":"2019-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001522540-22-000013","end":"2019-12-31","filed":"2022-03-11","form":"10-K","start":"2019-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":143267000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-03-11","accession":"0001522540-22-000013","form":"10-K"},"netIncome":{"value":-58200000,"tag":"NetIncomeLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-03-11","accession":"0001522540-22-000013","form":"10-K"},"operatingIncome":{"value":-58863000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-03-11","accession":"0001522540-22-000013","form":"10-K"},"openingAssets":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCurrentLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCapitalEmployed":{"value":null,"inputNames":["openingAssets","openingCurrentLiabilities"],"reason":"Exact assets/current-liabilities balance missing, conflicting or from different filings at 2018-12-31"},"openingParentEquity":{"value":-84907000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2018-12-31","filed":"2022-03-11","accession":"0001522540-22-000013","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCash":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2018-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCurrentLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCapitalEmployed":{"value":null,"inputNames":["closingAssets","closingCurrentLiabilities"],"reason":"Exact assets/current-liabilities balance missing, conflicting or from different filings at 2019-12-31"},"closingParentEquity":{"value":-198406000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2019-12-31","filed":"2023-02-28","accession":"0001522540-23-000015","form":"10-K"},"closingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCash":{"value":60344000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2019-12-31","filed":"2022-03-11","accession":"0001522540-22-000013","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2019-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-122349000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-03-11","accession":"0001522540-22-000013","form":"10-K"},"incomeTaxExpense":{"value":35000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-03-11","accession":"0001522540-22-000013","form":"10-K"},"pretaxIncome":{"value":-58165000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-03-11","accession":"0001522540-22-000013","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":null,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -14.194476048217663; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: matching numerator and positive exact opening/closing CapitalEmployed required; ambiguous scopes remain unavailable; unavailable: openingCapitalEmployed, closingCapitalEmployed; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2018-12-31; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2019-12-31

fcfMargin component 1 (2022-03-11) · fcfMargin component 2 (2022-03-11) · fcfMargin component 3 (2022-03-11)
cashConversion component 1 (2022-03-11) · cashConversion component 2 (2022-03-11) · cashConversion component 3 (2022-03-11)
roce component 1 (2022-03-11)

Annual operating facts

Complete annual history, independent of chart loading and range. Operating margin is operating profit as a percentage of revenue; net margin is consolidated net profit as a percentage of revenue. Negative margins show losses. Missing inputs remain unavailable. Metric definitions.

Fiscal endRevenue (USD)Operating margin (%)Net margin (%)Inputs & filing sources
2025-12-31624,884,000.00-7.43-2.23
Inputs & filings

revenue: 624884000; operatingIncome: -46430000; netIncome: -13925000

revenue (2026-02-24)
operatingIncome (2026-02-24)
netIncome (2026-02-24)
2024-12-31506,995,000.00-4.835.38
Inputs & filings

revenue: 506995000; operatingIncome: -24466000; netIncome: 27287000

revenue (2026-02-24)
operatingIncome (2026-02-24)
netIncome (2026-02-24)
2023-12-31676,171,000.00-41.86-32.97
Inputs & filings

revenue: 676171000; operatingIncome: -283015000; netIncome: -222962000

revenue (2026-02-24)
operatingIncome (2026-02-24)
netIncome (2026-02-24)
2022-12-31748,206,000.00-28.04-24.70
Inputs & filings

revenue: 748206000; operatingIncome: -209808000; netIncome: -184780000

revenue (2025-02-26)
operatingIncome (2025-02-26)
netIncome (2025-02-26)
2021-12-31517,175,000.00-31.33-31.70
Inputs & filings

revenue: 517175000; operatingIncome: -162006000; netIncome: -163929000

revenue (2024-02-28)
operatingIncome (2024-02-28)
netIncome (2024-02-28)
2020-12-31290,292,000.00-16.22-16.43
Inputs & filings

revenue: 290292000; operatingIncome: -47087000; netIncome: -47695000

revenue (2023-02-28)
operatingIncome (2023-02-28)
netIncome (2023-02-28)
2019-12-31143,267,000.00-41.09-40.62
Inputs & filings

revenue: 143267000; operatingIncome: -58863000; netIncome: -58200000

revenue (2022-03-11)
operatingIncome (2022-03-11)
netIncome (2022-03-11)

Marqeta, Inc. (MQ) P/E ratio history

The interactive P/E chart contains all 279 stored weekly price points (2021-06-11–2026-10-08); 0 have an eligible basic or diluted ratio. Annual EPS is carried forward from its fiscal end. Use the P/E range bar or any other chart range bar to change all five chart windows.

Fiscal-year-end snapshots

No positive annual EPS with an eligible fiscal-year-end price is available in this snapshot.

Annual P/E = eligible fiscal-year-end close ÷ reported annual EPS. This is retrospective annual P/E, not TTM or forward P/E. Why we use annual data. Missing or non-positive EPS and missing eligible prices produce unavailable ratios.

Explore the P/E chart and optional reference lines · How P/E history is calculated.

Complete annual P/E history (7 fiscal periods)
Full stored fiscal-year-end P/E history, independent of the selected chart window. Ratios in ×; prices in USD.
Fiscal endPrice dateClosePrice basisBasic P/EDiluted P/EEPS filings
2025-12-312025-12-2619.44Adjusted closeUnavailableUnavailable Source unavailable
2024-12-312024-12-2714.60Adjusted closeUnavailableUnavailable Source unavailable
2023-12-312023-12-2927.92Adjusted closeUnavailableUnavailable Source unavailable
2022-12-312022-12-3024.44Adjusted closeUnavailableUnavailable Source unavailable
2021-12-312021-12-3168.68Adjusted closeUnavailableUnavailable Source unavailable
2020-12-31UnavailableUnavailableUnavailableUnavailableUnavailable Source unavailable
2019-12-31UnavailableUnavailableUnavailableUnavailableUnavailable Source unavailable

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