# BILL Holdings Inc. (BILL) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Technology / Software. Price $49.16, market value $4.2 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). BILL Holdings Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 2.5×**. Each dollar of revenue is priced at 2.5×.
- **Price / book: 1.3×**. The shares trade at 1.3× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 9.8%** (5-yr avg 5.0%). Free cash flow equals 9.8% of the market value, above its five-year average of 5.0%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.

## Profitability
- **Gross margin: 80.9%**. BILL Holdings Inc. keeps 80.9% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: -4.4%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -0.7%**. The company reported a net loss over the last twelve months.
- **Return on equity: -0.3%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -1.3%**. Return on all capital, debt included, is -1.3%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -0.1%**. Each dollar of assets produces -0.1% of profit.

## Growth
- **Revenue growth (1 yr): 13.0%** (3-yr 16.0%/yr, 5-yr 47.3%/yr). Revenue grew 13.0% over the last year, against 47.3% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -57.1%**. Earnings per share fell 57.1%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 31.8%/yr**. Free cash flow has compounded at 31.8% a year over three years.

## Financial health
- **Debt to equity: 0.52**. Debt is 0.52 times equity, moderate leverage.
- **Net debt / EBITDA: net cash**. BILL Holdings Inc. holds more cash than debt.
- **Current ratio: 1.51** (quick 1.51). Current assets cover the next year's liabilities 1.51 times.
- **Altman Z-score: 1.29**. A Z-score of 1.29 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. BILL Holdings Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (20 analysts). 20 analysts cover BILL Holdings Inc.; the consensus is buy, with an average price target of $56.90 (+16% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 5.3%** (YTD -9.9%, 3-mo 36.7%). The shares are up 5.3% over twelve months including dividends.
- **From 52-week high: -14.1%** (56.5% above the low). Trading 14% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 55**. An RSI of 55 is neutral.
- **Beta (1 yr): 1.58** (volatility 63%). Beta of 1.58 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=BILL · Page: https://foliofundamentals.com/stocks/bill

Not investment advice.