Futu Holdings (FUTU)

Financial Services · Capital Markets
$113.21 +3.20% on the day Market cap $13.8B 52-week range $80.50 to $202.53 Prices as of Oct 7, 2026

What the price implies

A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.

Futu Holdings's free cash flow isn't comparable to its market value here, so a cash-flow reverse DCF doesn't give a meaningful answer. The Modeling tab works from revenue and margins instead.

Fundamental grade

A

Five factors scored 1 to 9 from FUTU's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.

Valuation8
Profitability9
Growth9
Financial health2
Cash efficiency9

Key numbers

P/E (trailing)9.63x
P/E (forward)11.4x
Price / free cash flow0.34x
EV / EBITDA11.1x
Price / sales0.66x
Price / book3.15x
Revenue growth+74.9%
Operating margin133.2%
Net margin107.2%
Return on equity54.4%
Dividend yield2.6%
Debt / equity3.53x

Results from SEC filings

Fiscal years, from Futu Holdings's 10-K filings. The deep dive has 15+ years, quarters and every line.

Fiscal year20212022202320242025
Revenue$3.9B$4.0B$3.9B$6.0B$10.6B
Net income$2.8B$2.9B$4.3B$5.4B$11.3B
Free cash flow$5.9B$3.4B-$6.4B$30.8B$40.7B
EPS (diluted)—————
Operating margin81.3%89.1%126.9%109.5%133.2%

Where the revenue comes from

Revenue by products, fiscal 2025.

Securities and options brokerage$9.9B93%
Futures brokerage$506M5%
IPO brokerage$166M2%
Others$39M0%

Superinvestors who own FUTU

From each investor's latest 13F filing (what a 13F shows). 2 of the investors we track hold it.

InvestorLast quarterValue% of portfolioQuarter
Cliff Asness
AQR Capital Management
Trimmed $1M0.0%Q2 2026
Dodge & Cox
Dodge & Cox
New position $393,7080.0%Q2 2026

Insider buying

Open-market purchases by Futu Holdings's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.

No open-market insider purchases of FUTU in the last 12 months. Most insider activity is selling and option exercises, which aren't shown here.

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In the full deep dive

DCF fair value per share
Yearly return (IRR) at today's price
Growth implied by revenue and margins
15+ years of statements and quarters

Questions

Are Futu Holdings insiders buying the stock?

No open-market insider purchases of FUTU in the last 12 months, according to SEC Form 4 filings.

Which superinvestors own Futu Holdings?

2 of the superinvestors Investingly tracks hold FUTU in their latest 13F, including Cliff Asness, Dodge & Cox.

Prices and ratios as of Oct 7, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.