Stock Analysis
Circle Internet Group, Inc.CRCL
P/E 46.25×· 1Y range 33.80–57.81×· 55th percentile of history
Sector: Financial Services · Industry: Finance Services
AnalystsBuy37 analystsP/E 46.3× sits at the 55th percentile of its 1.3634496919917864-year history.
Cash covers 10847% of debt · Q2 2026.
PMP Verdict
Weak fundamentals
Risks
- Growth25
- Financial Health40
Weak fundamentals — valuation is the only support.
Market context
-5.5% today· Z 1.7σ
Bull Case
- ✓Revenue CAGR 138.5% — durable top-line growth
What's happening with CRCL
Profile
growth, moat, valuation, financial health, earnings quality and profitability lag behind.
How is each axis scored?
- Valuation36/100 · Weak
- P/E vs own history (55th pct)12/25
- FCF yield (3.7%)12/25
- P/S (7.2x)12/25
- EV/EBIT (88.5x)0/25
- Growth25/100 · Weak
- Revenue CAGR (138.5%)25/25
- Net income CAGR (n/a)0/25
- EPS CAGR 5Y (n/a)0/25
- Fwd implied growth (-42.6%)0/25
- Profitability49/100 · Weak
- ROIC (9.5%)12/25
- ROE (12.9%)12/25
- Net margin (15.5%)20/25
- Operating margin (7.4%)5/25
- Financial Health40/100 · Weak
- Altman Z (0.23)3/25
- Current ratio (1.03)12/25
- Interest coverage (-10.3x)0/25
- Net cash / debt (Net cash)25/25
- Quality46/100 · Weak
- Piotroski F (5/9)15/25
- Beneish M (-0.90)6/25
- FCF conversion (169%)25/25
- Margin stability (σ 151.9%)0/25
- Moat29/100 · Weak
- ROIC >12% years (2/4 yrs)13/25
- Median gross margin (23.6%)6/25
- FCF-positive years (3/5 yrs)10/25
- Worst-year net margin (worst -598.8%)0/25
Risk Flags
- ⚠Altman Z 0.2 — distress-zone balance sheet
- ⚠Beneish M -0.90 — earnings-manipulation flag
- ⚠SBC 7.7% of revenue — real dilution cost
- ⚠3 loss-making years in recent history
- ⚠Interest coverage -10.3× — thin debt cushion
About Circle Internet Group, Inc.
Circle Internet Group Inc is a financial technology firm engaged in digital currencies and public blockchains for payments, commerce, and financial applications. Show more
The company's platform is a full-stack, internet financial platform business, organized around three pillars: Arc Blockchain and Developer Infrastructure, Circle Digital Assets and Services, and Circle Applications.
Headquarters: NEW YORK, NY · Employees: 1,100 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
36DP/E (TTM)46.1xD
Grade D: ExpensivePrice / TTM EPS (own statements) — vs own 1Y history: 33.8x–57.8x · 55th pct
P/FCF30.4xC
Grade C: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield3.7%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 1Y history: 0.7%–5.0% · 88th pct
P/S (TTM)7.16xC
Grade C: ExpensivePrice / TTM Revenue (own statements) — vs own 1Y history: 5.2x–35.3x · 18th pct
EV/EBIT88.5xD
Grade D: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 1Y history: 62.8x–113.1x · 55th pct
EV/Sales7.0xC
Grade C: ExpensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E80.2xD
Grade D: ExpensivePrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio5.92xC
Grade C: ExpensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio—
Finnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
49D+ROIC9.5%C
Grade C: AverageNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE12.9%C
Grade C: AverageReturn on Equity. Neg. equity = heavy buybacks
ROA0.6%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin15.5%A
Grade A: HighNet Income / Revenue
Operating Margin7.4%D
Grade D: LowTTM EBIT / TTM Revenue
Gross Margin22.0%D
Grade D: LowGross Profit / Revenue
FCF Margin26.2%A
Grade A: HighFCF / Revenue
True FCF Margin18.5%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
25ERevenue CAGR138.5%A
Grade A: HighCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR—
Compound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)—
Compound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth-42.6%D
Grade D: Decl.Analyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+534.4%D
Grade D: DilutiveShare count change over 5Y
SBC / Net Income49.6%D
Grade D: HighStock-based comp/Net income. >30% = dilution risk
SBC / Revenue7.7%C
Grade C: MedTTM stock-based comp / TTM Revenue
Financial Health
40D+Altman Z-Score0.23D
Grade D: DistressBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio1.03xC
Grade C: OkCurrent Assets/Liabilities
Quick Ratio1.03xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage-10.3xD
Grade D: RiskyEBIT/Interest. >10 Strong
Debt RepaymentNet CashA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBITNet CashA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity0.00xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt108.47xA
Grade A: CoveredCash covers how much of total debt. >1 = could repay all debt from cash
Quality
46D+Piotroski F-Score5/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-0.90D
Grade D: RiskyEarnings manipulation risk. < -2.22 Safe
FCF Conversion168.7%A
Grade A: StrongFCF / Net Income
Margin Stability151.9%D
Grade D: VolatileEBIT margin std deviation. Lower = stable
Capex / Revenue0.5%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.04xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Chandhok Nikhil Filed | Chandhok Nikhil | Option exercise | -23334 | |
Chandhok Nikhil Filed | Chandhok Nikhil | SellOpen market sale | -26668 | |
Chandhok Nikhil Filed | Chandhok Nikhil | Option exercise | +23.3K | |
Allaire Jeremy Filed | Allaire Jeremy | SellOpen market sale | -36 | |
Allaire Jeremy Filed | Allaire Jeremy | SellOpen market sale | -233 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Allaire Jeremy Filed | Allaire Jeremy | SellOpen market sale | -895 | |
Allaire Jeremy Filed | Allaire Jeremy | SellOpen market sale | -352 | |
Allaire Jeremy Filed | Allaire Jeremy | SellOpen market sale | -37 |
Option exercise (M) rows report a derivative leg, not an open-market sale — a paired negative entry is the option position being consumed.
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
29EROIC >12% Years2/4 yrsC
Grade C: ModerateShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)23.6%D
Grade D: WeakMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years3/5 yrsD
Grade D: WeakShare of completed fiscal years with positive free cash flow
Net Margin Floor-598.8%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$1.78
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$6.85
Cash & short-term investments per share (Finnhub)
Book Value / Share$13.88
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$15.95M
Total debt obligations (short + long term)
Cash & Equiv.$1.73B
Cash and short-term investments
Net Debt$-1.71BA
Grade A: Net CashTotal Debt minus Cash. Negative = Net Cash position
Total Equity$3.51B
Shareholders' equity (book value)
Asset / Liability1.05xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$20.79B
Current Market Capitalization
Beta1.82D
Grade D: High volatilityPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 16, 2026
Key Insights: Circle Internet Group, Inc. (CRCL)
CRCL is down 5.46% at the last close. Piotroski F-Score of 5/9 indicates mixed fundamentals for Circle Internet Group, Inc.. Altman Z-Score of 0.23 is below the 1.81 distress threshold — an elevated financial-risk flag. Beneish M-Score of -0.90 is above the −1.78 flag threshold, a signal that reported earnings warrant closer scrutiny. Revenue has compounded at roughly 139% annually — a strong growth profile.
- Circle Internet Group, Inc. converts about 26% of revenue into free cash flow — strong cash generation.
- Company is effectively debt-free after netting cash.
- Interest coverage of -10.3× leaves little room for earnings shocks.
- Circle Internet Group, Inc. posted a net loss in 3 of 5 available completed fiscal years (2021–2025).
See how CRCL ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all CRCL moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 15 | Regular | 87.37 | +9.82% | 2.97 |
| Oct 15 | After-hours | 85.52 | +7.50% | 2.32 |
| Oct 14 | After-hours | 76.87 | -8.78% | -2.90 |
Frequently Asked Questions about CRCL
What is the current Circle Internet Group, Inc. (CRCL) stock price?
CRCL is trading at $82.22 at the last market close, down 5.46% on the session. PreMarketPrice tracks CRCL pre-market, intraday and after-hours prices.
Is CRCL stock a buy right now?
PreMarketPrice's quantitative model rates Circle Internet Group, Inc.'s financial health at 40/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is CRCL stock overvalued?
Circle Internet Group, Inc. trades at a trailing P/E of 46.1 and our valuation score rates it 36/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Circle Internet Group, Inc. report earnings?
No confirmed earnings date is currently scheduled for CRCL. The Earnings section lists recent reports and updates as dates are announced.
What sector does Circle Internet Group, Inc. operate in?
Circle Internet Group, Inc. operates in the Financial Services sector, within the Finance Services industry. The Related Stocks section lists sector peers for comparison.
What does Circle Internet Group, Inc. do?
Circle Internet Group Inc is a financial technology firm engaged in digital currencies and public blockchains for payments, commerce, and financial applications.
About Circle Internet Group, Inc. (CRCL) Stock
Circle Internet Group, Inc. (CRCL) is a US-listed stock operating in the Financial Services sector, specifically the Finance Services industry. As of the latest update, Circle Internet Group, Inc. is trading at $82.22, down 5.46% on the day with a market capitalization of $20.8 billion. The financial health score for CRCL is 40/100, which indicates weak financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for CRCL stock.
CRCL Stock Analysis & Key Metrics
On PreMarketPrice, you can track Circle Internet Group, Inc. (CRCL) across multiple dimensions:
- Pre-market price & movement: Real-time CRCL stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for CRCL with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Circle Internet Group, Inc. across multiple reporting periods.
- Financial health score: A composite score of 40/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for CRCL.
- Sector peers: Compare CRCL against 6 other financial services stocks on key financial metrics.
Is CRCL a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Circle Internet Group, Inc. (CRCL) as an investment. The financial health score of 40/100 suggests weak financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Circle Internet Group, Inc. (CRCL) trades on NYSE. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.