Explain this page
Arphra AIPlain-English read on Fifth Third Bancorp’s valuationRatios & metrics
Profitability, returns on capital, growth, and credit — all derived from the historical income statement, balance sheet, and cash flow rows in our data warehouse.
Quality composite
BSolid
A snapshot of the latest fiscal year’s margins, returns on capital, balance-sheet strength and efficiency, computed from the income statement, balance sheet and cash-flow rows. Source income / balance / cash_flow.
Profitability
Gross margin65.3%
Operating margin24.9%
Net margin19.6%
ROE11.6%
ROA1.2%
ROIC7.7%
Liquidity & leverage
Current ratio0.82×
Quick ratio0.82×
Debt / equity0.67×
Net debt / EBITDA3.05×
Interest coverage1×
Efficiency & per-share
Asset turnover0.06×
Inventory days0
Days sales out.3416
FCF / share$5.69
Book value / share$32.46
Valuation multiples
Price- and EV-based multiples plus shareholder yields. Snapshot at each fiscal year-end from key_metrics (FMP).
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E |
|---|---|---|---|---|---|---|---|---|
| Headline | ||||||||
| Market cap | — | — | — | $28.84B | $31.1B | — | — | — |
| Enterprise value | — | — | — | $44.8B | $42.12B | — | — | — |
| Multiples | ||||||||
| P / E | — | — | — | — | — | — | — | — |
| P / B | — | — | — | — | — | — | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — |
| EV / Sales | — | — | — | 3.43 | 3.27 | — | — | — |
| EV / FCF | — | — | — | 18.59 | 11.07 | — | — | — |
| Yields | ||||||||
| Earnings yield | — | — | — | +8.02% | +8.11% | — | — | — |
| Free cash flow yield | — | — | — | +8.36% | +12.23% | — | — | — |
| Dividend yield | — | — | — | — | — | — | — | — |
Profitability
Margin structure across the last 5 fiscal years
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin | +99.19% | +83.03% | +64.00% | +59.18% | +65.29% | +62.18% | +61.93% | +63.51% |
| Operating margin | +44.26% | +34.06% | +24.18% | +22.35% | +24.95% | +24.19% | +23.17% | +23.56% |
| EBITDA margin | +48.65% | +38.87% | +27.92% | +26.14% | +28.10% | +27.78% | +28.04% | +26.70% |
| EBIT margin | +44.26% | +34.06% | +24.18% | +22.35% | +24.95% | +23.37% | +24.01% | +23.31% |
| Pre-tax margin | +44.26% | +34.06% | +24.18% | +22.35% | +24.95% | +24.51% | +24.08% | +23.87% |
| Net margin | +34.86% | +26.94% | +19.01% | +17.73% | +19.61% | +19.06% | +18.41% | +19.00% |
| Cost structure | ||||||||
| Cost of revenue / sales | +0.81% | +16.97% | +36.00% | +40.82% | +34.71% | +38.08% | +36.87% | +38.28% |
| R&D intensity | 0.00% | 0.00% | 0.00% | 0.00% | +0.99% | +0.34% | +0.34% | +0.33% |
| SG&A intensity | +37.55% | +32.72% | +25.20% | +24.24% | +29.37% | +26.17% | +25.63% | +26.14% |
| Effective tax rate | +21.24% | +20.92% | +21.39% | +20.64% | +21.40% | +20.24% | +21.27% | +21.25% |
Returns on capital
ROE / ROA / ROC / ROIC over the relevant capital base, plus the 3-step DuPont decomposition of ROE.
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E |
|---|---|---|---|---|---|---|---|---|
| Returns | ||||||||
| Return on equity (ROE) | +12.47% | +14.12% | +12.25% | +11.78% | +11.61% | +11.70% | +11.86% | +12.16% |
| Return on assets (ROA) | +1.31% | +1.18% | +1.09% | +1.09% | +1.18% | +1.14% | +1.11% | +1.15% |
| Return on capital (ROC) | +10.09% | +8.61% | +7.74% | +7.55% | +8.86% | +8.02% | +7.86% | +8.04% |
| Return on invested capital (ROIC) | +7.95% | +6.81% | +6.09% | +5.99% | +6.96% | +6.32% | +6.24% | +6.49% |
| Asset turnover | +3.76% | +4.38% | +5.76% | +6.13% | +6.00% | +6.00% | +6.00% | +6.03% |
| DuPont · ROE decomposition | ||||||||
| Net margin | +34.86% | +26.94% | +19.01% | +17.73% | +19.61% | +19.06% | +18.41% | +19.00% |
| Asset turnover (× revenue / assets) | +3.76% | +4.38% | +5.76% | +6.13% | +6.00% | +6.00% | +6.00% | +6.03% |
| Equity multiplier (× assets / equity) | +950.54% | +1197.28% | +1119.21% | +1083.87% | +986.82% | +1023.67% | +1073.16% | +1060.93% |
Activity & efficiency
Turnover ratios and days-outstanding — how efficiently the business converts assets and working capital into sales and cash.
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E |
|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||
| Asset turnover | 0.04 | 0.04 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 |
| Fixed-asset turnover | 2.51 | 2.73 | 3.72 | 3.93 | 4.14 | — | — | — |
| Inventory turnover | — | — | — | — | — | — | — | — |
| Receivables turnover | 1.20 | 1.46 | 2.21 | 2.00 | 0.11 | — | — | — |
| Payables turnover | — | — | — | — | 0.03 | — | — | — |
| Days outstanding | ||||||||
| Days sales outstanding (DSO) | 303.87 | 250.35 | 165.20 | 182.46 | 3415.61 | — | — | — |
| Days inventory outstanding (DIO) | — | — | — | — | — | — | — | — |
| Days payables outstanding (DPO) | — | — | — | — | 14042.53 | — | — | — |
| Cash conversion cycle | 303.87 | 250.35 | 165.20 | 182.46 | -10626.92 | — | — | — |
Cash flow quality
How well reported earnings translate into operating and free cash flow, plus reinvestment intensity.
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E |
|---|---|---|---|---|---|---|---|---|
| Operating CF / Net income | 0.98 | 2.63 | 1.92 | 1.22 | 1.79 | 1.64 | 1.68 | 1.67 |
| FCF / Net income | 0.86 | 2.35 | 1.70 | 1.04 | 1.51 | 1.39 | 1.44 | 1.37 |
| FCF margin | +30.14% | +63.25% | +32.32% | +18.47% | +29.57% | +26.48% | +26.57% | +26.03% |
| OCF margin | +34.03% | +70.79% | +36.50% | +21.64% | +35.08% | +31.22% | +30.90% | +31.78% |
| CapEx / Revenue | +3.89% | +7.54% | +4.18% | +3.17% | +5.51% | +4.35% | +4.16% | +4.41% |
| CapEx / D&A | 0.89 | 1.57 | 1.12 | 0.84 | 1.28 | — | — | — |
| Stock-based comp / Revenue | +1.51% | +1.82% | +1.37% | +1.26% | +1.27% | — | — | — |
Per-share & shareholder yield
EPS, book value, sales, cash flow and dividends per share — plus payout / retention.
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E |
|---|---|---|---|---|---|---|---|---|
| EPS · diluted | 3.73 | 3.35 | 3.22 | 3.14 | 3.54 | 3.06 | 4.91 | 5.37 |
| EPS · basic | 3.78 | 3.38 | 3.23 | 3.16 | 3.55 | 3.08 | 4.96 | 5.44 |
| Book value / share | 31.23 | 24.93 | 27.88 | 28.58 | 32.46 | 31.10 | 31.87 | 33.58 |
| Tangible BV / share | 23.09 | 15.10 | 18.02 | 18.82 | 24.97 | 31.10 | 31.87 | 33.58 |
| Sales / share | 11.17 | 13.07 | 17.97 | 18.99 | 19.23 | 19.09 | 20.53 | 21.49 |
| Operating CF / share | 3.80 | 9.25 | 6.56 | 4.11 | 6.75 | 5.96 | 6.34 | 6.83 |
| Free cash flow / share | 3.37 | 8.26 | 5.81 | 3.51 | 5.69 | 5.06 | 5.46 | 5.59 |
| Dividends / share | 1.26 | 1.33 | 1.54 | 1.71 | 1.74 | 1.71 | 1.78 | 1.87 |
| Payout ratio | +32.38% | +37.90% | +45.13% | +50.82% | +46.10% | +46.91% | +47.02% | +45.71% |
| Retention ratio | +67.62% | +62.10% | +54.87% | +49.18% | +53.90% | +53.09% | +52.98% | +54.29% |
Growth
Year-over-year change for headline P&L lines, plus through-cycle CAGR
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 7y CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Top-line | |||||||||
| Revenue · YoY | — | +14.26% | +36.07% | +5.62% | -1.40% | -0.08% | +7.84% | +4.73% | +8.99% |
| Gross profit · YoY | — | -4.36% | +4.88% | -2.33% | +8.77% | -4.83% | +7.40% | +7.40% | +2.27% |
| Profit | |||||||||
| Operating income · YoY | — | -12.06% | -3.39% | -2.41% | +10.08% | -3.12% | +3.30% | +6.46% | -0.40% |
| EBITDA · YoY | — | -8.72% | -2.24% | -1.13% | +5.98% | -1.20% | +8.83% | -0.28% | +0.04% |
| Net income · YoY | — | -11.70% | -3.97% | -1.49% | +9.03% | -2.86% | +4.15% | +8.07% | -0.06% |
| Operating | |||||||||
| EBIT · YoY | — | -12.06% | -3.39% | -2.41% | +10.08% | -6.41% | +10.81% | +1.67% | -0.55% |
| R&D · YoY | — | — | — | — | — | -65.92% | +6.69% | +1.81% | — |
| Per-share | |||||||||
| EPS · diluted · YoY | — | -10.19% | -3.88% | -2.48% | +12.74% | -13.46% | +60.35% | +9.28% | +5.34% |
| EPS · basic · YoY | — | -10.58% | -4.44% | -2.17% | +12.34% | -13.11% | +60.80% | +9.76% | +5.35% |
Credit & leverage
Balance-sheet health + interest coverage + liquidity. Coverage ratios use period-end debt and trailing interest expense.
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E |
|---|---|---|---|---|---|---|---|---|
| Leverage | ||||||||
| Total debt | $12.65B | $18.61B | $19.43B | $18.97B | $14.52B | $17.83B | $19.35B | $19.85B |
| Net debt | $9.65B | $15.14B | $16.29B | $15.96B | $11.02B | $14.64B | $15.96B | $16.23B |
| Net debt / EBITDA | 2.50 | 4.29 | 4.72 | 4.68 | 3.05 | 4.10 | 4.11 | 4.19 |
| Debt / equity | 0.57 | 1.07 | 1.01 | 0.97 | 0.67 | 0.85 | 0.90 | 0.88 |
| Debt / assets | +5.99% | +8.97% | +9.06% | +8.91% | +6.77% | +8.32% | +8.38% | +8.25% |
| Equity / assets | +10.52% | +8.35% | +8.93% | +9.23% | +10.13% | +9.77% | +9.32% | +9.43% |
| Coverage | ||||||||
| EBITDA / interest expense | 8.77 | 3.61 | 0.88 | 0.71 | 0.92 | 0.86 | 0.86 | 0.81 |
| Operating income / interest | 7.98 | 3.16 | 0.76 | 0.61 | 0.82 | 0.75 | 0.71 | 0.72 |
| Interest expense | $441M | $978M | $3.93B | $4.8B | $3.92B | $4.15B | $4.52B | $4.78B |
| Liquidity | ||||||||
| Current ratio | 0.48 | 0.41 | 0.47 | 0.38 | 0.82 | — | — | — |
| Quick ratio | 0.48 | 0.41 | 0.47 | 0.38 | 0.82 | — | — | — |
| Cash ratio | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | — | — | — |
| Working capital | -$88.24B | -$99.77B | -$91.31B | -$106.28B | -$31.32B | — | — | — |
| Working capital / revenue | -1110.32% | -1098.73% | -739.03% | -814.48% | -243.45% | — | — | — |
Sourced from key_metrics + financial_ratios (loaded by load_fundamentals_extended.py).
Valuation
| Metric | FY 2025 | FY 2024 |
|---|---|---|
| P / E | — | — |
| P / B | — | — |
| EV / EBITDA | — | — |
| EV / Sales | 3.27x | 3.43x |
| Earnings yield | 8.1% | 8.0% |
| FCF yield | 12.2% | 8.4% |
Returns
| Metric | FY 2025 | FY 2024 |
|---|---|---|
| Gross margin | — | — |
| Operating margin | — | — |
| Net margin | — | — |
| ROE | 11.6% | 11.8% |
| ROA | 1.2% | 1.1% |
| ROIC | 8.9% | 5.1% |
Leverage & liquidity
| Metric | FY 2025 | FY 2024 |
|---|---|---|
| Debt / equity | — | — |
| Net debt / EBITDA | 3.05 | 4.68 |
| Interest coverage | — | — |
| Current ratio | 0.82x | 0.38x |
| Quick ratio | — | — |
Methodology. ROE / ROA / ROC use period-end balance-sheet denominators (no average-of- period smoothing). ROIC = Operating Income × (1 − inferred effective tax rate) over invested capital, with the effective tax inferred from net-to-operating income when both are positive and a 25% default otherwise. Net debt / EBITDA, debt ratios, and interest-coverage ratios are calculated point-in-time at each fiscal year-end. TTM = trailing 4 quarters (income / cash flow summed, balance sheet = most-recent quarterly snapshot). Through-cycle CAGR in the Growth panel uses the geometric mean of first-to-last period growth across the window (positive values only).