Nu Hldgs Ltd Financials

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2024 Currency USD FYE December

This page shows Nu Hldgs Ltd (NU) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Piotroski F-Score Neutral

5/9

Nu Hldgs Ltd passes 5 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.22x

For every $1 of reported earnings, Nu Hldgs Ltd generates $1.22 in operating cash flow ($2.4B OCF vs $2.0B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$11.5B

YoY+43.4%

5Y CAGR+79.8%

Nu Hldgs Ltd generated $11.5B in revenue in fiscal year 2024. This represents an increase of 43.4% from the prior year.

EBITDA

N/A

Net Income

$2.0B

YoY+91.4%

Nu Hldgs Ltd reported $2.0B in net income in fiscal year 2024. This represents an increase of 91.4% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$9.2B

YoY+55.1%

5Y CAGR+49.1%

Nu Hldgs Ltd held $9.2B in cash against $1.7B in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

17.1%

YoY+4.3pp

5Y CAGR+32.2pp

Nu Hldgs Ltd's net profit margin was 17.1% in fiscal year 2024, showing the share of revenue converted to profit. This is up 4.3 percentage points from the prior year.

Return on Equity

25.8%

YoY+9.7pp

5Y CAGR+40.9pp

Nu Hldgs Ltd's ROE was 25.8% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 9.7 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

NU Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$11.5B+43.4%	$8.0B+67.5%	$4.8B+182.2%	$1.7B+130.4%	$737.1M+20.4%	$612.1M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$823.1M+61.9%	$508.5M+812.5%	$55.7M+1253.9%	-$4.8M-122.3%	$21.7M-41.0%	$36.8M
Net Income	$2.0B+91.4%	$1.0B+382.6%	-$364.6M-120.5%	-$165.3M+3.6%	-$171.5M-85.3%	-$92.5M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20
Revenue	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A

NU Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$49.9B+15.2%	$43.3B+44.8%	$29.9B+50.7%	$19.9B+95.6%	$10.2B	N/A
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$9.2B+55.1%	$5.9B+42.0%	$4.2B+54.2%	$2.7B+15.4%	$2.3B+88.0%	$1.2B
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$6.1B-3.1%	$6.3B+48.6%	$4.2B+80.9%	$2.3B+58.7%	$1.5B	N/A
Goodwill	$414.3M+4.2%	$397.5M0.0%	$397.4M-1.1%	$401.9M+48260.0%	$831K	N/A
Total Liabilities	$42.3B+14.5%	$36.9B+47.5%	$25.0B+62.5%	$15.4B+58.7%	$9.7B	N/A
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$1.7B+52.3%	$1.1B+94.1%	$585.6M+297.7%	$147.2M+51.1%	$97.5M	N/A
Total Equity	$7.6B+19.4%	$6.4B+31.0%	$4.9B+10.1%	$4.4B+914.0%	$438.1M-28.4%	$612.3M
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20
Total Assets	$49.9B+15.2%	$43.3B+44.8%	$29.9B+50.7%	$19.9B+95.6%	$10.2B
Current Assets	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$9.2B+55.1%	$5.9B+42.0%	$4.2B+54.2%	$2.7B+15.4%	$2.3B
Inventory	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$6.1B-3.1%	$6.3B+48.6%	$4.2B+80.9%	$2.3B+58.7%	$1.5B
Goodwill	$414.3M+4.2%	$397.5M0.0%	$397.4M-1.1%	$401.9M+48260.0%	$831K
Total Liabilities	$42.3B+14.5%	$36.9B+47.5%	$25.0B+62.5%	$15.4B+58.7%	$9.7B
Current Liabilities	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$1.7B+52.3%	$1.1B+94.1%	$585.6M+297.7%	$147.2M+51.1%	$97.5M
Total Equity	$7.6B+19.4%	$6.4B+31.0%	$4.9B+10.1%	$4.4B+914.0%	$438.1M
Retained Earnings	N/A	N/A	N/A	N/A	N/A

NU Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$2.4B+89.5%	$1.3B+67.6%	$755.6M+125.8%	-$2.9B-400.1%	$974.5M+252.9%	$276.1M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$330.6M-86.8%	-$177.0M-39.2%	-$127.2M+17.5%	-$154.2M-847.7%	-$16.3M-247.7%	-$4.7M
Financing Cash Flow	$727.7M+71.1%	$425.2M-35.0%	$654.0M-80.4%	$3.3B+1289.4%	$240.1M-60.7%	$611.2M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A

NU Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	17.1%+4.3pp	12.8%+20.4pp	-7.6%+2.1pp	-9.7%+13.5pp	-23.3%-8.1pp	-15.1%
Return on Equity	25.8%+9.7pp	16.1%+23.5pp	-7.5%-3.7pp	-3.7%+35.4pp	-39.1%-24.0pp	-15.1%
Return on Assets	4.0%+1.6pp	2.4%+3.6pp	-1.2%-0.4pp	-0.8%+0.9pp	-1.7%	N/A
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.23+0.0	0.18+0.1	0.12+0.1	0.03-0.2	0.22	N/A
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20
Gross Margin	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A
Current Ratio	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.23+0.0	0.18+0.1	0.12+0.1	0.03-0.2	0.22
FCF Margin	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Nu Hldgs Ltd's annual revenue?

Nu Hldgs Ltd (NU) reported $11.5B in total revenue for fiscal year 2024. This represents a 43.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Nu Hldgs Ltd's revenue growing?

Nu Hldgs Ltd (NU) revenue grew by 43.4% year-over-year, from $8.0B to $11.5B in fiscal year 2024.

Is Nu Hldgs Ltd profitable?

Yes, Nu Hldgs Ltd (NU) reported a net income of $2.0B in fiscal year 2024, with a net profit margin of 17.1%.

How much debt does Nu Hldgs Ltd have?

As of fiscal year 2024, Nu Hldgs Ltd (NU) had $9.2B in cash and equivalents against $1.7B in long-term debt.

What is Nu Hldgs Ltd's net profit margin?

Nu Hldgs Ltd (NU) had a net profit margin of 17.1% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Nu Hldgs Ltd's return on equity (ROE)?

Nu Hldgs Ltd (NU) has a return on equity of 25.8% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Nu Hldgs Ltd's operating cash flow?

Nu Hldgs Ltd (NU) generated $2.4B in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Nu Hldgs Ltd's total assets?

Nu Hldgs Ltd (NU) had $49.9B in total assets as of fiscal year 2024, including both current and long-term assets.

What is Nu Hldgs Ltd's debt-to-equity ratio?

Nu Hldgs Ltd (NU) had a debt-to-equity ratio of 0.23 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Nu Hldgs Ltd's return on assets (ROA)?

Nu Hldgs Ltd (NU) had a return on assets of 4.0% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Nu Hldgs Ltd's Piotroski F-Score?

Nu Hldgs Ltd (NU) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Nu Hldgs Ltd's earnings high quality?

Nu Hldgs Ltd (NU) has an earnings quality ratio of 1.22x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.