Capital One Financial (COF) Financials

$208.87 -1.92 (-0.91%)

As of 10:49 AM Eastern

Annual Income Statements for Capital One Financial

This table shows Capital One Financial's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	3,872	3,513	1,704	5,710	5,192	2,375	11,965	7,044	4,582	4,445
Consolidated Net Income / (Loss)	4,050	3,751	1,982	6,015	5,546	2,714	12,390	7,360	4,887	4,750
Net Income / (Loss) Continuing Operations	4,012	3,770	2,117	6,025	5,533	2,717	12,394	7,360	4,887	4,747
Total Pre-Tax Income	5,881	5,484	5,492	7,318	6,874	3,203	15,809	9,240	6,045	5,910
Total Revenue	23,413	25,501	27,237	28,076	28,593	28,523	30,435	34,250	36,787	39,112
Net Interest Income / (Expense)	18,834	20,873	22,460	22,875	23,340	22,913	24,171	27,114	29,241	31,208
Total Interest Income	20,459	22,891	25,222	27,176	28,513	26,033	25,769	31,237	41,938	46,034
Loans and Leases Interest Income	18,785	21,203	23,388	24,728	25,862	24,074	24,263	28,910	37,410	40,894
Investment Securities Interest Income	1,575	1,599	1,711	2,211	2,411	1,877	1,446	1,884	2,550	2,873
Other Interest Income	99	89	123	237	240	82	60	443	1,978	2,267
Total Interest Expense	1,625	2,018	2,762	4,301	5,173	3,120	1,598	4,123	12,697	14,826
Deposits Interest Expense	1,091	1,213	1,602	2,598	3,420	2,165	956	2,535	9,489	11,493
Long-Term Debt Interest Expense	534	805	1,160	1,703	1,753	955	642	1,588	3,208	3,333
Total Non-Interest Income	4,579	4,628	4,777	5,201	5,253	5,610	6,264	7,136	7,546	7,904
Other Service Charges	4,611	4,639	4,712	5,410	5,227	5,610	6,262	7,145	7,580	7,939
Net Realized & Unrealized Capital Gains on Investments	-32	-11	65	-209	26	-	2.00	-9.00	-34	-35
Provision for Credit Losses	4,536	6,459	7,551	5,856	6,236	10,264	-1,944	5,847	10,426	11,716
Total Non-Interest Expense	12,996	13,558	14,194	14,902	15,483	15,056	16,570	19,163	20,316	21,486
Salaries and Employee Benefits	4,975	5,202	5,899	5,727	6,388	6,805	7,421	8,425	9,302	9,398
Net Occupancy & Equipment Expense	2,884	3,113	3,116	3,378	3,388	3,333	3,265	3,429	3,543	3,828
Marketing Expense	1,744	1,811	1,670	2,174	2,274	1,610	2,871	4,017	4,009	4,562
Other Operating Expenses	2,963	3,046	3,264	3,449	3,321	3,248	2,984	3,222	3,380	3,621
Impairment Charge	-	-	-	-	-	60	-	70	82	77
Income Tax Expense	1,869	1,714	3,375	1,293	1,341	486	3,415	1,880	1,158	1,163
Net Income / (Loss) Discontinued Operations	38	-19	-135	-10	13	-3.00	-4.00	0.00	0.00	3.00
Preferred Stock Dividends Declared	158	214	265	265	313	319	320	228	228	228
Net Income / (Loss) Attributable to Noncontrolling Interest	20	24	13	40	41	20	105	88	77	77
Basic Earnings per Share	$7.15	$6.96	$3.52	$11.90	$11.10	$5.19	$27.04	$17.98	$11.98	$11.61
Weighted Average Basic Shares Outstanding	541.80M	504.90M	484.20M	479.90M	457.12M	459.24M	413.66M	381.08M	380.21M	381.33M
Diluted Earnings per Share	$7.07	$6.89	$3.49	$11.82	$11.05	$5.18	$26.94	$17.91	$11.95	$11.59
Weighted Average Diluted Shares Outstanding	541.80M	504.90M	484.20M	479.90M	457.12M	459.24M	413.66M	381.08M	380.21M	381.33M
Weighted Average Basic & Diluted Shares Outstanding	541.80M	504.90M	484.20M	479.90M	457.12M	459.24M	413.66M	381.08M	380.21M	381.33M
Cash Dividends to Common per Share	$1.50	$1.60	$1.60	$1.60	$1.60	$1.00	$2.60	$2.40	$2.40	$2.40

This table shows Capital One Financial's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Income / (Loss) Attributable to Common Shareholders	1,616	1,161	887	1,351	1,705	639	1,200	531	1,692	1,022	1,325
Consolidated Net Income / (Loss)	1,694	1,232	960	1,431	1,790	706	1,280	597	1,777	1,096	1,404
Net Income / (Loss) Continuing Operations	1,694	1,232	960	1,431	1,790	706	1,280	597	1,777	1,093	1,404
Total Pre-Tax Income	2,187	1,544	1,163	1,728	2,222	932	1,582	651	2,218	1,459	1,729
Total Revenue	8,805	9,040	8,903	9,012	9,366	9,506	9,402	9,506	10,014	10,190	10,000
Net Interest Income / (Expense)	7,003	7,197	7,186	7,113	7,423	7,519	7,488	7,546	8,076	8,098	8,013
Total Interest Income	8,200	9,158	9,754	10,166	10,873	11,145	11,177	11,280	11,860	11,717	11,418
Loans and Leases Interest Income	7,578	8,360	8,723	9,057	9,696	9,934	9,920	9,993	10,547	10,434	10,157
Investment Securities Interest Income	499	548	615	639	627	669	687	700	733	753	770
Other Interest Income	123	250	416	470	550	542	570	587	580	530	491
Total Interest Expense	1,197	1,961	2,568	3,053	3,450	3,626	3,689	3,734	3,784	3,619	3,405
Deposits Interest Expense	689	1,335	1,856	2,277	2,611	2,745	2,812	2,874	2,945	2,862	2,715
Long-Term Debt Interest Expense	508	626	712	776	839	881	877	849	839	768	681
Total Non-Interest Income	1,802	1,843	1,717	1,899	1,943	1,987	1,914	1,960	1,938	2,092	1,987
Other Service Charges	1,802	1,852	1,717	1,899	1,943	2,021	1,914	1,960	1,973	2,092	1,987
Provision for Credit Losses	1,669	2,416	2,795	2,490	2,284	2,857	2,683	3,909	2,482	2,642	2,369
Total Non-Interest Expense	4,949	5,080	4,945	4,794	4,860	5,717	5,137	4,946	5,314	6,089	5,902
Salaries and Employee Benefits	2,187	2,266	2,427	2,317	2,274	2,284	2,478	2,200	2,391	2,329	2,546
Net Occupancy & Equipment Expense	851	906	858	850	862	973	905	906	945	1,072	1,014
Marketing Expense	978	1,118	897	886	972	1,254	1,010	1,064	1,113	1,375	1,202
Other Operating Expenses	916	765	749	719	728	1,184	725	768	845	1,283	1,133
Amortization Expense	17	-	14	22	24	-	19	19	20	-	16
Income Tax Expense	493	312	203	297	432	226	302	54	441	366	325
Preferred Stock Dividends Declared	57	57	57	57	57	57	57	57	57	57	57
Net Income / (Loss) Attributable to Noncontrolling Interest	21	14	16	23	28	10	23	9.00	28	17	22
Basic Earnings per Share	$4.21	$3.14	$2.32	$3.53	$4.46	$1.67	$3.14	$1.39	$4.42	$2.66	$3.46
Weighted Average Basic Shares Outstanding	381.70M	381.08M	381.81M	381.44M	380.85M	380.21M	381.92M	381.86M	381.51M	381.33M	383.14M
Diluted Earnings per Share	$4.20	$3.13	$2.31	$3.52	$4.45	$1.67	$3.13	$1.38	$4.41	$2.67	$3.45
Weighted Average Diluted Shares Outstanding	381.70M	381.08M	381.81M	381.44M	380.85M	380.21M	381.92M	381.86M	381.51M	381.33M	383.14M
Weighted Average Basic & Diluted Shares Outstanding	381.70M	381.08M	381.81M	381.44M	380.85M	380.21M	381.92M	381.86M	381.51M	381.33M	383.14M
Cash Dividends to Common per Share	$0.60	-	$0.60	$0.60	$0.60	-	$0.60	$0.60	$0.60	-	$0.60

This table details how cash moves in and out of Capital One Financial's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	1,564	3,453	1,859	-863	260	27,022	-18,717	9,202	12,499	-84
Net Cash From Operating Activities	10,127	11,856	14,182	12,978	16,639	16,699	12,310	13,809	20,575	18,159
Net Cash From Continuing Operating Activities	10,206	11,831	14,543	12,994	16,619	16,696	12,320	13,812	20,575	18,160
Net Income / (Loss) Continuing Operations	4,050	3,751	1,982	6,025	5,533	2,714	12,394	7,360	4,887	4,747
Consolidated Net Income / (Loss)	4,050	3,751	2,117	6,015	5,546	2,714	12,390	7,360	4,887	4,750
Net Income / (Loss) Discontinued Operations	-	-	-135	-10	13	-	-4.00	0.00	0.00	3.00
Provision For Loan Losses	4,536	6,459	7,551	5,856	6,236	10,264	-1,944	5,847	10,426	11,716
Depreciation Expense	2,100	2,428	2,440	2,396	3,339	3,501	3,481	3,210	3,226	3,237
Non-Cash Adjustments to Reconcile Net Income	-432	-782	2,199	-177	737	-2,174	963	252	-289	27
Changes in Operating Assets and Liabilities, net	-48	-25	371	-1,106	774	2,391	-2,574	-2,857	2,325	-1,567
Net Cash From Discontinued Operating Activities	-	25	-361	-6.00	7.00	3.00	-6.00	-3.00	0.00	-4.00
Net Cash From Investing Activities	-29,726	-25,630	-15,541	-15,618	-22,998	-14,841	-31,501	-29,738	-21,920	-26,410
Net Cash From Continuing Investing Activities	-29,726	-25,630	-15,541	-15,618	-22,998	-14,841	-31,501	-29,738	-21,920	-26,410
Purchase of Property, Leasehold Improvements and Equipment	-532	-779	-1,018	-874	-887	-710	-698	-934	-961	-1,204
Purchase of Investment Securities	-44,976	-19,002	-34,462	-34,590	-33,781	-43,855	-63,054	-52,539	-32,378	-40,231
Sale and/or Maturity of Investments	15,782	-5,849	19,939	19,846	11,670	29,724	32,251	23,735	11,419	15,025
Net Cash From Financing Activities	21,163	17,227	3,218	1,777	6,619	25,164	474	25,131	13,844	8,167
Net Cash From Continuing Financing Activities	21,163	17,227	3,218	1,777	6,619	25,164	474	25,131	13,844	8,167
Net Change in Deposits	12,163	19,031	6,993	6,077	12,643	42,519	5,687	22,539	15,172	14,156
Issuance of Debt	36,892	29,243	41,409	15,645	8,694	5,235	10,847	31,000	11,159	5,817
Issuance of Common Equity	111	131	164	175	199	241	253	276	299	323
Repayment of Debt	-26,145	-27,699	-44,187	-16,836	-12,880	-21,715	-7,293	-22,577	-10,919	-10,239
Repurchase of Common Equity	-2,441	-3,661	-240	-2,284	-1,481	-393	-7,605	-4,948	-718	-734
Payment of Dividends	-974	-1,026	-1,045	-1,038	-1,035	-740	-1,422	-1,178	-1,159	-1,160
Other Financing Activities, Net	85	142	124	38	17	62	55	19	10	4.00
Cash Interest Paid	1,643	2,250	2,772	3,933	4,790	3,580	2,158	3,609	10,823	13,201
Cash Income Taxes Paid	1,732	2,121	1,187	407	626	988	2,527	1,852	1,355	1,105

This table details how cash moves in and out of Capital One Financial's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Change in Cash & Equivalents	3,041	5,965	15,717	-4,925	3,256	-1,549	7,747	-3,673	1,890	-6,048	5,294
Net Cash From Operating Activities	2,777	8,157	2,992	3,354	7,129	7,100	3,010	6,243	6,458	2,448	4,667
Net Cash From Continuing Operating Activities	2,777	8,159	2,992	3,354	7,129	7,100	3,010	6,243	6,458	2,449	4,667
Net Income / (Loss) Continuing Operations	1,694	1,232	960	1,431	1,790	706	1,280	597	1,777	1,093	1,404
Consolidated Net Income / (Loss)	1,694	1,232	960	1,431	1,790	706	1,280	597	1,777	1,096	1,404
Provision For Loan Losses	1,669	2,416	2,795	2,490	2,284	2,857	2,683	3,909	2,482	2,642	2,369
Depreciation Expense	744	843	1,251	325	852	798	806	811	806	814	812
Non-Cash Adjustments to Reconcile Net Income	-1,269	1,201	-179	-359	209	40	-514	446	375	-280	0.00
Changes in Operating Assets and Liabilities, net	-61	2,467	-1,835	-533	1,994	2,699	-1,245	480	1,018	-1,820	82
Net Cash From Investing Activities	-5,789	-11,447	-2,994	-4,165	-5,071	-9,690	1,675	-7,532	-6,304	-14,249	845
Net Cash From Continuing Investing Activities	-5,789	-11,447	-2,994	-4,165	-5,071	-9,690	1,675	-7,532	-6,304	-14,249	845
Purchase of Property, Leasehold Improvements and Equipment	-221	-290	-235	-206	-259	-261	-247	-289	-312	-356	-348
Purchase of Investment Securities	-13,213	-13,786	-5,295	-6,838	-7,775	-12,470	-1,132	-10,910	-10,375	-17,814	-2,836
Sale and/or Maturity of Investments	7,645	2,629	2,536	2,879	2,963	3,041	3,054	3,667	4,383	3,921	4,029
Net Cash From Financing Activities	6,053	9,255	15,719	-4,114	1,198	1,041	3,062	-2,384	1,736	5,753	-218
Net Cash From Continuing Financing Activities	6,053	9,255	15,719	-4,114	1,198	1,041	3,062	-2,384	1,736	5,753	-218
Net Change in Deposits	9,684	15,768	16,648	-5,905	2,337	2,092	2,620	430	1,937	9,169	4,678
Issuance of Debt	5,490	1,499	3,139	4,979	-316	3,357	2,019	149	2,793	856	1,749
Issuance of Common Equity	76	62	76	88	71	64	80	95	76	72	93
Repayment of Debt	-8,599	-7,637	-3,607	-2,830	-452	-4,030	-1,117	-2,606	-2,622	-3,894	-6,073
Repurchase of Common Equity	-319	-157	-246	-157	-157	-158	-249	-163	-161	-161	-375
Payment of Dividends	-289	-288	-291	-289	-289	-290	-292	-289	-290	-289	-291
Other Financing Activities, Net	10	8.00	0.00	-	4.00	6.00	1.00	-	3.00	-	1.00
Cash Interest Paid	958	1,682	2,084	4,240	3,872	627	3,108	3,377	3,346	3,370	3,211
Cash Income Taxes Paid	518	861	103	528	240	484	47	179	337	542	3.00

This table presents Capital One Financial's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	334,048	357,033	365,693	372,538	390,365	421,602	432,381	455,249	478,464	490,144
Cash and Due from Banks	3,407	4,185	4,458	4,768	4,129	4,708	4,164	5,193	4,903	3,028
Restricted Cash	1,017	2,517	312	303	342	262	308	400	458	441
Interest Bearing Deposits at Other Banks	4,616	5,791	9,582	8,418	9,278	35,801	17,582	25,663	38,394	40,202
Trading Account Securities	64,584	67,492	67,610	84,113	79,613	103,155	5,888	203	854	202
Loans and Leases, Net of Allowance	224,721	239,083	246,971	238,679	258,601	236,060	265,910	299,091	305,176	311,517
Loans and Leases	229,851	245,586	254,473	245,899	265,809	251,624	277,340	312,331	320,472	327,775
Allowance for Loan and Lease Losses	5,130	6,503	7,502	7,220	7,208	15,564	11,430	13,240	15,296	16,258
Premises and Equipment, Net	3,584	3,675	4,033	4,191	4,378	4,287	4,210	4,351	4,375	4,511
Goodwill	14,480	14,519	14,533	14,544	14,653	14,653	14,782	14,777	15,065	15,059
Other Assets	17,639	19,771	18,194	17,522	19,371	22,676	119,537	105,571	109,239	115,184
Total Liabilities & Shareholders' Equity	334,048	357,033	365,693	372,538	390,365	421,602	432,381	455,249	478,464	490,144
Total Liabilities	286,764	309,519	316,963	320,870	332,354	361,398	371,352	402,667	420,375	429,360
Non-Interest Bearing Deposits	25,847	25,502	26,404	23,483	23,488	31,142	38,043	32,203	28,024	26,122
Interest Bearing Deposits	191,874	211,266	217,298	226,281	239,209	274,300	272,937	300,789	320,389	336,585
Federal Funds Purchased and Securities Sold	981	992	576	352	314	668	820	883	538	562
Short-Term Debt	20,131	17,211	8,940	-	-	75	-	33	27	29
Accrued Interest Payable	299	327	413	458	439	352	281	527	649	666
Long-Term Debt	38,003	42,257	50,765	58,553	55,383	39,796	42,266	47,799	49,291	44,960
Other Long-Term Liabilities	9,629	11,964	12,567	11,743	13,521	15,065	17,005	20,433	21,457	20,436
Commitments & Contingencies	-	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	47,284	47,514	48,730	51,668	58,011	60,204	61,029	52,582	58,089	60,784
Total Preferred & Common Equity	47,284	47,514	48,730	51,668	58,011	60,204	61,029	52,582	58,089	60,784
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	47,284	47,514	48,730	51,668	58,011	60,204	61,029	52,582	58,089	60,784
Common Stock	29,661	31,164	31,663	32,047	32,987	33,487	34,119	34,732	35,548	36,435
Retained Earnings	27,045	29,766	30,700	35,875	40,340	40,088	51,006	57,184	60,945	64,505
Treasury Stock	-8,806	-12,467	-12,707	-14,991	-16,472	-16,865	-24,470	-29,418	-30,136	-30,870
Accumulated Other Comprehensive Income / (Loss)	-616	-949	-926	-1,263	1,156	3,494	374	-9,916	-8,268	-9,286

This table presents Capital One Financial's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Total Assets	444,232	455,249	471,660	467,800	471,435	478,464	481,720	480,018	486,433	490,144	493,604
Cash and Due from Banks	3,716	5,193	3,347	3,360	4,620	4,903	4,671	5,298	3,976	3,028	4,108
Restricted Cash	399	400	460	452	435	458	474	2,415	421	441	392
Interest Bearing Deposits at Other Banks	21,176	25,663	43,166	38,236	40,249	38,394	46,357	40,116	45,322	40,202	44,465
Trading Account Securities	77,032	203	363	1,211	742	854	1,631	80,058	83,596	202	686
Loans and Leases, Net of Allowance	291,734	299,091	294,518	296,677	299,825	305,176	299,774	301,537	303,709	311,517	307,699
Loans and Leases	303,943	312,331	308,836	311,323	314,780	320,472	315,154	318,186	320,243	327,775	323,598
Allowance for Loan and Lease Losses	12,209	13,240	14,318	14,646	14,955	15,296	15,380	16,649	16,534	16,258	15,899
Premises and Equipment, Net	4,265	4,351	4,365	4,359	4,378	4,375	4,366	4,396	4,440	4,511	4,579
Goodwill	14,771	14,777	14,779	15,060	15,048	15,065	15,062	15,062	15,083	15,059	15,070
Other Assets	31,139	105,571	110,662	108,445	106,138	109,239	109,385	31,136	29,886	115,184	116,605
Total Liabilities & Shareholders' Equity	444,232	455,249	471,660	467,800	471,435	478,464	481,720	480,018	486,433	490,144	493,604
Total Liabilities	393,371	402,667	417,007	413,241	417,767	420,375	423,919	422,037	423,508	429,360	430,062
Non-Interest Bearing Deposits	34,391	32,203	31,186	29,312	28,794	28,024	27,617	27,005	26,378	26,122	26,500
Interest Bearing Deposits	282,802	300,789	318,641	314,393	317,217	320,389	323,352	324,437	327,253	336,585	340,964
Federal Funds Purchased and Securities Sold	528	883	542	649	522	538	568	715	520	562	573
Short-Term Debt	7,538	33	24	121	25	27	24	25	24	29	25
Accrued Interest Payable	433	527	621	637	685	649	762	668	705	666	646
Long-Term Debt	46,541	47,799	48,211	49,488	48,700	49,291	49,769	47,216	48,792	44,960	41,175
Other Long-Term Liabilities	21,138	20,433	17,782	18,641	21,824	21,457	21,827	21,971	19,836	20,436	20,179
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	50,861	52,582	54,653	54,559	53,668	58,089	57,801	57,981	62,925	60,784	63,542
Total Preferred & Common Equity	50,861	52,582	54,653	54,559	53,668	58,089	57,801	57,981	62,925	60,784	63,542
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	50,861	52,582	54,653	54,559	53,668	58,089	57,801	57,981	62,925	60,784	63,542
Common Stock	34,586	34,732	34,959	35,170	35,341	35,548	35,815	36,019	36,223	36,435	36,700
Retained Earnings	56,240	57,184	57,898	59,028	60,529	60,945	61,905	62,211	63,698	64,505	65,616
Treasury Stock	-29,261	-29,418	-29,664	-29,821	-29,978	-30,136	-30,385	-30,548	-30,709	-30,870	-31,245
Accumulated Other Comprehensive Income / (Loss)	-10,704	-9,916	-8,540	-9,818	-12,224	-8,268	-9,534	-9,701	-6,287	-9,286	-7,529

This table displays calculated financial ratios and metrics derived from Capital One Financial's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	5.04%	8.92%	6.81%	3.08%	1.84%	-0.24%	6.70%	12.53%	7.41%	6.32%
EBITDA Growth	-6.88%	-0.86%	0.25%	22.47%	5.14%	-34.36%	187.74%	-35.46%	-25.53%	-1.34%
EBIT Growth	-10.47%	-6.75%	0.15%	33.25%	-6.07%	-53.40%	393.57%	-41.55%	-34.58%	-2.23%
NOPAT Growth	-9.29%	-6.03%	-43.85%	184.60%	-8.17%	-50.89%	356.16%	-40.62%	-33.60%	-2.86%
Net Income Growth	-8.54%	-7.38%	-47.16%	203.48%	-7.80%	-51.06%	356.52%	-40.60%	-33.60%	-2.80%
EPS Growth	-6.85%	-2.55%	-49.35%	238.68%	-6.51%	-53.12%	420.08%	-33.52%	-33.28%	-3.01%
Operating Cash Flow Growth	8.85%	17.07%	19.62%	-8.49%	28.21%	0.36%	-26.28%	12.18%	49.00%	-11.74%
Free Cash Flow Firm Growth	-28.38%	125.14%	-69.90%	538.40%	-44.33%	579.49%	-42.79%	11.63%	-120.56%	402.99%
Invested Capital Growth	13.81%	1.48%	1.36%	1.65%	2.88%	-11.75%	3.22%	-2.79%	6.96%	-1.52%
Revenue Q/Q Growth	1.65%	1.48%	1.67%	0.00%	1.47%	-0.31%	2.63%	2.77%	1.28%	1.78%
EBITDA Q/Q Growth	-0.18%	-1.64%	3.73%	-1.13%	4.45%	29.10%	0.25%	-10.91%	-6.62%	6.31%
EBIT Q/Q Growth	-1.44%	-3.50%	3.25%	-0.88%	3.07%	101.83%	-0.03%	-14.09%	-9.19%	9.79%
NOPAT Q/Q Growth	-1.52%	-2.96%	-43.88%	54.53%	-1.53%	104.75%	-1.13%	-13.96%	-9.72%	8.88%
Net Income Q/Q Growth	-1.91%	-3.32%	-47.06%	59.00%	-1.51%	104.98%	-1.13%	-13.95%	-9.72%	8.95%
EPS Q/Q Growth	-1.94%	-1.85%	-50.71%	64.40%	-2.13%	157.71%	0.30%	-11.73%	-10.89%	9.44%
Operating Cash Flow Q/Q Growth	-4.53%	7.95%	17.34%	-1.15%	1.09%	3.13%	0.29%	33.89%	-4.89%	-20.39%
Free Cash Flow Firm Q/Q Growth	-510.72%	116.19%	-64.70%	-58.78%	1,393.67%	83.69%	-28.51%	167.11%	-126.46%	227.93%
Invested Capital Q/Q Growth	17.86%	0.03%	-0.38%	7.58%	5.07%	-0.44%	3.07%	-4.31%	4.90%	-5.34%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	34.09%	31.03%	29.12%	34.60%	35.72%	23.50%	63.38%	36.35%	25.20%	23.39%
EBIT Margin	25.12%	21.51%	20.16%	26.07%	24.04%	11.23%	51.94%	26.98%	16.43%	15.11%
Profit (Net Income) Margin	17.30%	14.71%	7.28%	21.42%	19.40%	9.52%	40.71%	21.49%	13.28%	12.14%
Tax Burden Percent	68.87%	68.40%	36.09%	82.19%	80.68%	84.73%	78.37%	79.65%	80.84%	80.37%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	31.78%	31.25%	61.45%	17.67%	19.51%	15.17%	21.60%	20.35%	19.16%	19.68%
Return on Invested Capital (ROIC)	4.05%	3.55%	1.97%	5.51%	4.95%	2.55%	12.19%	7.23%	4.70%	4.45%
ROIC Less NNEP Spread (ROIC-NNEP)	4.12%	3.52%	1.74%	5.49%	4.97%	2.54%	12.18%	7.23%	4.70%	4.46%
Return on Net Nonoperating Assets (RNNOA)	4.72%	4.36%	2.15%	6.47%	5.16%	2.05%	8.25%	5.73%	4.13%	3.54%
Return on Equity (ROE)	8.77%	7.91%	4.12%	11.98%	10.11%	4.59%	20.44%	12.96%	8.83%	7.99%
Cash Return on Invested Capital (CROIC)	-8.86%	2.08%	0.62%	3.88%	2.11%	15.02%	9.02%	10.05%	-2.03%	5.99%
Operating Return on Assets (OROA)	1.83%	1.59%	1.52%	1.98%	1.80%	0.79%	3.70%	2.08%	1.29%	1.22%
Return on Assets (ROA)	1.26%	1.09%	0.55%	1.63%	1.45%	0.67%	2.90%	1.66%	1.05%	0.98%
Return on Common Equity (ROCE)	8.77%	7.91%	4.12%	11.98%	10.11%	4.59%	20.44%	12.96%	8.83%	7.99%
Return on Equity Simple (ROE_SIMPLE)	8.57%	7.89%	4.07%	11.64%	9.56%	4.51%	20.30%	14.00%	8.41%	7.81%
Net Operating Profit after Tax (NOPAT)	4,012	3,770	2,117	6,025	5,533	2,717	12,394	7,360	4,887	4,747
NOPAT Margin	17.14%	14.78%	7.77%	21.46%	19.35%	9.53%	40.72%	21.49%	13.28%	12.14%
Net Nonoperating Expense Percent (NNEP)	-0.07%	0.03%	0.23%	0.02%	-0.02%	0.01%	0.01%	0.00%	0.00%	-0.01%
SG&A Expenses to Revenue	41.02%	39.71%	39.23%	40.17%	42.14%	41.19%	44.54%	46.34%	45.82%	45.48%
Operating Expenses to Revenue	55.51%	53.17%	52.11%	53.08%	54.15%	52.79%	54.44%	55.95%	55.23%	54.93%
Earnings before Interest and Taxes (EBIT)	5,881	5,484	5,492	7,318	6,874	3,203	15,809	9,240	6,045	5,910
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	7,981	7,912	7,932	9,714	10,213	6,704	19,290	12,450	9,271	9,147
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.69	0.77	0.88	0.63	0.76	0.70	0.96	0.65	0.84	1.12
Price to Tangible Book Value (P/TBV)	1.00	1.11	1.25	0.87	1.02	0.93	1.27	0.90	1.14	1.48
Price to Revenue (P/Rev)	1.40	1.44	1.57	1.15	1.54	1.48	1.92	0.99	1.33	1.73
Price to Earnings (P/E)	8.44	10.44	25.15	5.66	8.49	17.74	4.89	4.83	10.69	15.26
Dividend Yield	2.44%	2.11%	1.81%	2.34%	1.69%	1.09%	1.45%	3.37%	1.87%	1.35%
Earnings Yield	11.85%	9.58%	3.98%	17.66%	11.78%	5.64%	20.44%	20.71%	9.35%	6.55%
Enterprise Value to Invested Capital (EV/IC)	0.78	0.78	0.81	0.70	0.76	0.41	0.76	0.50	0.51	0.65
Enterprise Value to Revenue (EV/Rev)	3.49	3.28	3.24	2.76	3.00	1.45	2.59	1.48	1.48	1.77
Enterprise Value to EBITDA (EV/EBITDA)	10.25	10.57	11.12	7.97	8.39	6.15	4.08	4.06	5.88	7.56
Enterprise Value to EBIT (EV/EBIT)	13.90	15.25	16.06	10.58	12.47	12.87	4.98	5.48	9.02	11.70
Enterprise Value to NOPAT (EV/NOPAT)	20.38	22.18	41.66	12.85	15.49	15.18	6.35	6.87	11.16	14.57
Enterprise Value to Operating Cash Flow (EV/OCF)	8.07	7.05	6.22	5.96	5.15	2.47	6.40	3.66	2.65	3.81
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	37.91	132.84	18.26	36.32	2.57	8.59	4.94	0.00	10.84
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.23	1.25	1.23	1.13	0.95	0.66	0.69	0.91	0.85	0.74
Long-Term Debt to Equity	0.80	0.89	1.04	1.13	0.95	0.66	0.69	0.91	0.85	0.74
Financial Leverage	1.14	1.24	1.24	1.18	1.04	0.81	0.68	0.79	0.88	0.79
Leverage Ratio	6.96	7.29	7.51	7.35	6.96	6.87	7.04	7.81	8.44	8.15
Compound Leverage Factor	6.96	7.29	7.51	7.35	6.96	6.87	7.04	7.81	8.44	8.15
Debt to Total Capital	55.15%	55.59%	55.06%	53.12%	48.84%	39.84%	40.92%	47.63%	45.92%	42.53%
Short-Term Debt to Total Capital	19.10%	16.09%	8.24%	0.00%	0.00%	0.07%	0.00%	0.03%	0.03%	0.03%
Long-Term Debt to Total Capital	36.05%	39.50%	46.82%	53.12%	48.84%	39.77%	40.92%	47.60%	45.89%	42.51%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	44.85%	44.41%	44.94%	46.88%	51.16%	60.16%	59.08%	52.37%	54.08%	57.47%
Debt to EBITDA	7.28	7.52	7.53	6.03	5.42	5.95	2.19	3.84	5.32	4.92
Net Debt to EBITDA	6.15	5.94	5.72	4.64	4.08	-0.13	1.05	1.33	0.60	0.14
Long-Term Debt to EBITDA	4.76	5.34	6.40	6.03	5.42	5.94	2.19	3.84	5.32	4.92
Debt to NOPAT	14.49	15.77	28.20	9.72	10.01	14.67	3.41	6.50	10.09	9.48
Net Debt to NOPAT	12.24	12.46	21.42	7.48	7.52	-0.33	1.63	2.25	1.14	0.28
Long-Term Debt to NOPAT	9.47	11.21	23.98	9.72	10.01	14.65	3.41	6.49	10.09	9.47
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-8,776	2,206	664	4,239	2,360	16,036	9,174	10,241	-2,106	6,381
Operating Cash Flow to CapEx	1,903.57%	1,521.95%	1,393.12%	1,484.90%	1,875.87%	2,351.97%	1,763.61%	1,478.48%	2,141.00%	1,508.22%
Free Cash Flow to Firm to Interest Expense	-5.40	1.09	0.24	0.99	0.46	5.14	5.74	2.48	-0.17	0.43
Operating Cash Flow to Interest Expense	6.23	5.88	5.13	3.02	3.22	5.35	7.70	3.35	1.62	1.22
Operating Cash Flow Less CapEx to Interest Expense	5.90	5.49	4.77	2.81	3.05	5.12	7.27	3.12	1.54	1.14
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.07	0.07	0.08	0.08	0.08	0.07	0.07	0.08	0.08	0.08
Fixed Asset Turnover	6.44	7.03	7.07	6.83	6.67	6.58	7.16	8.00	8.43	8.80
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	105,418	106,982	108,435	110,221	113,394	100,075	103,295	100,414	107,407	105,773
Invested Capital Turnover	0.24	0.24	0.25	0.26	0.26	0.27	0.30	0.34	0.35	0.37
Increase / (Decrease) in Invested Capital	12,788	1,564	1,453	1,786	3,173	-13,319	3,220	-2,881	6,993	-1,634
Enterprise Value (EV)	81,770	83,634	88,204	77,403	85,710	41,238	78,760	50,591	54,543	69,147
Market Capitalization	32,676	36,659	42,851	32,339	44,076	42,138	58,548	34,015	48,980	67,829
Book Value per Share	$88.87	$98.52	$100.53	$109.08	$124.56	$131.62	$143.39	$137.76	$152.53	$159.32
Tangible Book Value per Share	$61.66	$68.41	$70.55	$78.38	$93.10	$99.59	$108.66	$99.04	$112.97	$119.85
Total Capital	105,418	106,982	108,435	110,221	113,394	100,075	103,295	100,414	107,407	105,773
Total Debt	58,134	59,468	59,705	58,553	55,383	39,871	42,266	47,832	49,318	44,989
Total Long-Term Debt	38,003	42,257	50,765	58,553	55,383	39,796	42,266	47,799	49,291	44,960
Net Debt	49,094	46,975	45,353	45,064	41,634	-900	20,212	16,576	5,563	1,318
Capital Expenditures (CapEx)	532	779	1,018	874	887	710	698	934	961	1,204
Net Nonoperating Expense (NNE)	-38	19	135	10	-13	3.00	4.00	0.00	0.00	-3.00
Net Nonoperating Obligations (NNO)	58,134	59,468	59,705	58,553	55,383	39,871	42,266	47,832	49,318	44,989
Total Depreciation and Amortization (D&A)	2,100	2,428	2,440	2,396	3,339	3,501	3,481	3,210	3,226	3,237
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$3.52	$11.90	$11.10	$5.19	$27.04	$17.98	$11.98	$11.61
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	486.29M	467.88M	457.12M	459.24M	413.66M	381.08M	380.21M	381.33M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$3.49	$11.82	$11.05	$5.18	$26.94	$17.91	$11.95	$11.59
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	486.29M	467.88M	457.12M	459.24M	413.66M	381.08M	380.21M	381.33M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$11.10	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	486.29M	467.88M	457.12M	459.24M	413.66M	381.08M	380.21M	381.33M
Normalized Net Operating Profit after Tax (NOPAT)	4,012	3,770	3,844	6,025	5,533	2,768	12,394	7,416	4,953	4,809
Normalized NOPAT Margin	17.14%	14.78%	14.11%	21.46%	19.35%	9.70%	40.72%	21.65%	13.46%	12.30%
Pre Tax Income Margin	25.12%	21.51%	20.16%	26.07%	24.04%	11.23%	51.94%	26.98%	16.43%	15.11%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.62	2.72	1.99	1.70	1.33	1.03	9.89	2.24	0.48	0.40
NOPAT to Interest Expense	2.47	1.87	0.77	1.40	1.07	0.87	7.76	1.79	0.38	0.32
EBIT Less CapEx to Interest Expense	3.29	2.33	1.62	1.50	1.16	0.80	9.46	2.01	0.40	0.32
NOPAT Less CapEx to Interest Expense	2.14	1.48	0.40	1.20	0.90	0.64	7.32	1.56	0.31	0.24
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	24.05%	27.35%	52.72%	17.26%	18.66%	27.27%	11.48%	16.01%	23.72%	24.42%
Augmented Payout Ratio	84.32%	124.95%	64.83%	55.23%	45.37%	41.75%	72.86%	83.23%	38.41%	39.87%

This table displays calculated financial ratios and metrics derived from Capital One Financial's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	12.45%	11.36%	8.93%	9.48%	6.37%	5.15%	5.60%	5.48%	6.92%	7.20%	6.36%
EBITDA Growth	-40.18%	-38.98%	-36.21%	-38.68%	4.88%	-27.52%	-1.08%	-28.79%	-1.63%	31.39%	6.41%
EBIT Growth	-45.13%	-49.53%	-60.51%	-32.61%	1.60%	-39.64%	36.03%	-62.33%	-0.18%	56.55%	9.29%
NOPAT Growth	-45.43%	-49.22%	-60.05%	-29.54%	5.67%	-42.69%	33.33%	-58.28%	-0.73%	54.82%	9.69%
Net Income Growth	-45.43%	-49.20%	-60.05%	-29.54%	5.67%	-42.69%	33.33%	-58.28%	-0.73%	55.24%	9.69%
EPS Growth	-38.05%	-43.19%	-58.90%	-29.03%	5.95%	-46.65%	35.50%	-60.80%	-0.90%	59.88%	10.22%
Operating Cash Flow Growth	42.12%	74.97%	3,887.34%	13.54%	156.72%	-12.96%	0.60%	86.14%	-9.41%	-65.52%	55.05%
Free Cash Flow Firm Growth	-188.97%	618.01%	-1,010.00%	194.01%	243.32%	-252.86%	-318.32%	-104.98%	-274.57%	143.38%	224.23%
Invested Capital Growth	4.71%	-2.79%	1.76%	-6.92%	-2.43%	6.96%	4.57%	1.01%	9.13%	-1.52%	-2.65%
Revenue Q/Q Growth	6.96%	2.67%	-1.52%	1.22%	3.93%	1.49%	-1.09%	1.11%	5.34%	1.76%	-1.86%
EBITDA Q/Q Growth	-12.46%	-18.56%	1.13%	-14.95%	49.73%	-43.72%	38.03%	-38.78%	106.84%	-24.83%	11.79%
EBIT Q/Q Growth	-14.70%	-29.40%	-24.68%	48.58%	28.59%	-58.06%	69.74%	-58.85%	240.71%	-34.22%	18.51%
NOPAT Q/Q Growth	-16.59%	-27.27%	-22.08%	49.06%	25.09%	-60.56%	81.30%	-53.36%	197.65%	-38.49%	28.45%
Net Income Q/Q Growth	-16.59%	-27.27%	-22.08%	49.06%	25.09%	-60.56%	81.30%	-53.36%	197.65%	-38.32%	28.10%
EPS Q/Q Growth	-15.32%	-25.48%	-26.20%	52.38%	26.42%	-62.47%	87.43%	-55.91%	219.57%	-39.46%	29.21%
Operating Cash Flow Q/Q Growth	-5.99%	193.73%	-63.32%	12.10%	112.55%	-0.41%	-57.61%	107.41%	3.44%	-62.09%	90.65%
Free Cash Flow Firm Q/Q Growth	68.98%	235.92%	-119.91%	1,219.78%	-52.71%	-244.96%	45.51%	86.66%	-1,556.67%	136.02%	56.07%
Invested Capital Q/Q Growth	-6.23%	-4.31%	2.46%	1.24%	-1.70%	4.90%	0.17%	-2.20%	6.20%	-5.34%	-0.97%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	33.29%	26.40%	27.11%	22.78%	32.82%	18.20%	25.40%	15.38%	30.20%	22.31%	25.41%
EBIT Margin	24.84%	17.08%	13.06%	19.17%	23.72%	9.80%	16.83%	6.85%	22.15%	14.32%	17.29%
Profit (Net Income) Margin	19.24%	13.63%	10.78%	15.88%	19.11%	7.43%	13.61%	6.28%	17.75%	10.76%	14.04%
Tax Burden Percent	77.46%	79.79%	82.55%	82.81%	80.56%	75.75%	80.91%	91.71%	80.12%	75.12%	81.20%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	22.54%	20.21%	17.45%	17.19%	19.44%	24.25%	19.09%	8.29%	19.88%	25.09%	18.80%
Return on Invested Capital (ROIC)	6.25%	4.58%	3.70%	5.26%	6.70%	2.63%	4.82%	2.27%	6.37%	3.94%	5.25%
ROIC Less NNEP Spread (ROIC-NNEP)	6.25%	4.58%	3.70%	5.26%	6.70%	2.63%	4.82%	2.27%	6.37%	3.94%	5.25%
Return on Net Nonoperating Assets (RNNOA)	4.96%	3.63%	3.10%	5.26%	6.59%	2.31%	4.20%	1.95%	5.33%	3.13%	3.94%
Return on Equity (ROE)	11.21%	8.22%	6.80%	10.52%	13.28%	4.94%	9.03%	4.22%	11.70%	7.06%	9.19%
Cash Return on Invested Capital (CROIC)	3.74%	10.05%	4.06%	12.09%	7.68%	-2.03%	0.48%	3.17%	-4.66%	5.99%	7.27%
Operating Return on Assets (OROA)	1.90%	1.32%	1.01%	1.51%	1.88%	0.77%	1.32%	0.55%	1.78%	1.16%	1.41%
Return on Assets (ROA)	1.47%	1.05%	0.83%	1.25%	1.52%	0.59%	1.06%	0.50%	1.42%	0.87%	1.14%
Return on Common Equity (ROCE)	11.21%	8.22%	6.80%	10.52%	13.28%	4.94%	9.03%	4.22%	11.70%	7.06%	9.19%
Return on Equity Simple (ROE_SIMPLE)	16.82%	0.00%	10.83%	9.75%	10.09%	0.00%	9.01%	7.54%	6.93%	0.00%	7.67%
Net Operating Profit after Tax (NOPAT)	1,694	1,232	960	1,431	1,790	706	1,280	597	1,777	1,093	1,404
NOPAT Margin	19.24%	13.63%	10.78%	15.88%	19.11%	7.43%	13.61%	6.28%	17.75%	10.73%	14.04%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-0.01%	0.00%
SG&A Expenses to Revenue	45.61%	47.46%	46.97%	44.97%	43.86%	47.45%	46.72%	43.87%	44.43%	46.87%	47.62%
Operating Expenses to Revenue	56.21%	56.19%	55.54%	53.20%	51.89%	60.14%	54.64%	52.03%	53.07%	59.75%	59.02%
Earnings before Interest and Taxes (EBIT)	2,187	1,544	1,163	1,728	2,222	932	1,582	651	2,218	1,459	1,729
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	2,931	2,387	2,414	2,053	3,074	1,730	2,388	1,462	3,024	2,273	2,541
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.67	0.65	0.66	0.75	0.68	0.84	0.98	0.91	0.91	1.12	1.08
Price to Tangible Book Value (P/TBV)	0.94	0.90	0.90	1.04	0.94	1.14	1.33	1.23	1.20	1.48	1.41
Price to Revenue (P/Rev)	1.02	0.99	1.02	1.14	1.00	1.33	1.52	1.40	1.49	1.73	1.72
Price to Earnings (P/E)	4.16	4.83	6.38	8.16	7.12	10.69	11.58	12.98	14.08	15.26	14.96
Dividend Yield	2.71%	3.37%	3.83%	2.80%	3.15%	1.87%	1.61%	1.73%	1.60%	1.35%	1.34%
Earnings Yield	24.03%	20.71%	15.66%	12.25%	14.05%	9.35%	8.63%	7.71%	7.10%	6.55%	6.68%
Enterprise Value to Invested Capital (EV/IC)	0.60	0.50	0.36	0.47	0.39	0.51	0.51	0.50	0.50	0.65	0.58
Enterprise Value to Revenue (EV/Rev)	1.89	1.48	1.06	1.36	1.09	1.48	1.48	1.38	1.46	1.77	1.53
Enterprise Value to EBITDA (EV/EBITDA)	4.50	4.06	3.35	4.96	4.00	5.88	5.95	6.04	6.54	7.56	6.52
Enterprise Value to EBIT (EV/EBIT)	5.84	5.48	4.97	7.32	5.97	9.02	8.51	9.71	10.45	11.70	10.01
Enterprise Value to NOPAT (EV/NOPAT)	7.34	6.87	6.27	9.12	7.34	11.16	10.56	11.96	12.91	14.57	12.44
Enterprise Value to Operating Cash Flow (EV/OCF)	6.09	3.66	2.20	2.81	1.84	2.65	2.67	2.23	2.47	3.81	3.06
Enterprise Value to Free Cash Flow (EV/FCFF)	16.39	4.94	8.96	3.71	4.99	0.00	109.77	15.75	0.00	10.84	7.85
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.06	0.91	0.88	0.91	0.91	0.85	0.86	0.81	0.78	0.74	0.65
Long-Term Debt to Equity	0.92	0.91	0.88	0.91	0.91	0.85	0.86	0.81	0.78	0.74	0.65
Financial Leverage	0.79	0.79	0.84	1.00	0.98	0.88	0.87	0.86	0.84	0.79	0.75
Leverage Ratio	7.60	7.81	8.16	8.41	8.76	8.44	8.48	8.42	8.22	8.15	8.04
Compound Leverage Factor	7.60	7.81	8.16	8.41	8.76	8.44	8.48	8.42	8.22	8.15	8.04
Debt to Total Capital	51.53%	47.63%	46.88%	47.62%	47.59%	45.92%	46.28%	44.90%	43.69%	42.53%	39.33%
Short-Term Debt to Total Capital	7.18%	0.03%	0.02%	0.12%	0.02%	0.03%	0.02%	0.02%	0.02%	0.03%	0.02%
Long-Term Debt to Total Capital	44.35%	47.60%	46.86%	47.51%	47.56%	45.89%	46.26%	44.87%	43.67%	42.51%	39.31%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	48.47%	52.37%	53.12%	52.38%	52.41%	54.08%	53.72%	55.10%	56.31%	57.47%	60.67%
Debt to EBITDA	3.87	3.84	4.35	5.07	4.91	5.32	5.39	5.46	5.67	4.92	4.43
Net Debt to EBITDA	2.06	1.33	0.11	0.77	0.34	0.60	-0.18	-0.07	-0.11	0.14	-0.83
Long-Term Debt to EBITDA	3.33	3.84	4.35	5.06	4.91	5.32	5.38	5.46	5.67	4.92	4.43
Debt to NOPAT	6.32	6.50	8.15	9.33	9.00	10.09	9.56	10.80	11.20	9.48	8.46
Net Debt to NOPAT	3.37	2.25	0.21	1.42	0.63	1.14	-0.33	-0.13	-0.21	0.28	-1.59
Long-Term Debt to NOPAT	5.44	6.49	8.15	9.31	9.00	10.09	9.56	10.80	11.19	9.47	8.45
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-3,026	4,113	-819	9,171	4,337	-6,287	-3,426	-457	-7,571	2,727	4,256
Operating Cash Flow to CapEx	1,256.56%	2,812.76%	1,273.19%	1,628.16%	2,752.51%	2,720.31%	1,218.62%	2,160.21%	2,069.87%	687.64%	1,341.09%
Free Cash Flow to Firm to Interest Expense	-2.53	2.10	-0.32	3.00	1.26	-1.73	-0.93	-0.12	-2.00	0.75	1.25
Operating Cash Flow to Interest Expense	2.32	4.16	1.17	1.10	2.07	1.96	0.82	1.67	1.71	0.68	1.37
Operating Cash Flow Less CapEx to Interest Expense	2.14	4.01	1.07	1.03	1.99	1.89	0.75	1.59	1.62	0.58	1.27
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.08	0.08	0.08	0.08	0.08	0.08	0.08	0.08	0.08	0.08	0.08
Fixed Asset Turnover	7.87	8.00	8.13	8.32	8.40	8.43	8.54	8.63	8.72	8.80	8.88
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	104,940	100,414	102,888	104,168	102,393	107,407	107,594	105,222	111,741	105,773	104,742
Invested Capital Turnover	0.32	0.34	0.34	0.33	0.35	0.35	0.35	0.36	0.36	0.37	0.37
Increase / (Decrease) in Invested Capital	4,720	-2,881	1,779	-7,740	-2,547	6,993	4,706	1,054	9,348	-1,634	-2,852
Enterprise Value (EV)	62,825	50,591	37,094	48,503	39,747	54,543	54,995	52,289	56,272	69,147	60,607
Market Capitalization	34,037	34,015	35,832	40,942	36,326	48,980	56,704	52,877	57,175	67,829	68,372
Book Value per Share	$132.51	$137.76	$143.42	$142.90	$140.70	$152.53	$151.34	$151.81	$164.79	$159.32	$166.63
Tangible Book Value per Share	$94.03	$99.04	$104.63	$103.45	$101.25	$112.97	$111.91	$112.38	$125.29	$119.85	$127.11
Total Capital	104,940	100,414	102,888	104,168	102,393	107,407	107,594	105,222	111,741	105,773	104,742
Total Debt	54,079	47,832	48,235	49,609	48,725	49,318	49,793	47,241	48,816	44,989	41,200
Total Long-Term Debt	46,541	47,799	48,211	49,488	48,700	49,291	49,769	47,216	48,792	44,960	41,175
Net Debt	28,788	16,576	1,262	7,561	3,421	5,563	-1,709	-588	-903	1,318	-7,765
Capital Expenditures (CapEx)	221	290	235	206	259	261	247	289	312	356	348
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-3.00	0.00
Net Nonoperating Obligations (NNO)	54,079	47,832	48,235	49,609	48,725	49,318	49,793	47,241	48,816	44,989	41,200
Total Depreciation and Amortization (D&A)	744	843	1,251	325	852	798	806	811	806	814	812
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$4.21	$3.14	$2.32	$3.53	$4.46	$1.67	$3.14	$1.39	$4.42	$2.66	$3.46
Adjusted Weighted Average Basic Shares Outstanding	381.70M	381.08M	381.81M	381.44M	380.85M	380.21M	381.92M	381.86M	381.51M	381.33M	383.14M
Adjusted Diluted Earnings per Share	$4.20	$3.13	$2.31	$3.52	$4.45	$1.67	$3.13	$1.38	$4.41	$2.67	$3.45
Adjusted Weighted Average Diluted Shares Outstanding	381.70M	381.08M	381.81M	381.44M	380.85M	380.21M	381.92M	381.86M	381.51M	381.33M	383.14M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	381.70M	381.08M	381.81M	381.44M	380.85M	380.21M	381.92M	381.86M	381.51M	381.33M	383.14M
Normalized Net Operating Profit after Tax (NOPAT)	1,694	1,232	960	1,431	1,790	706	1,280	597	1,777	1,093	1,404
Normalized NOPAT Margin	19.24%	13.63%	10.78%	15.88%	19.11%	7.43%	13.61%	6.28%	17.75%	10.73%	14.04%
Pre Tax Income Margin	24.84%	17.08%	13.06%	19.17%	23.72%	9.80%	16.83%	6.85%	22.15%	14.32%	17.29%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.83	0.79	0.45	0.57	0.64	0.26	0.43	0.17	0.59	0.40	0.51
NOPAT to Interest Expense	1.42	0.63	0.37	0.47	0.52	0.19	0.35	0.16	0.47	0.30	0.41
EBIT Less CapEx to Interest Expense	1.64	0.64	0.36	0.50	0.57	0.19	0.36	0.10	0.50	0.30	0.41
NOPAT Less CapEx to Interest Expense	1.23	0.48	0.28	0.40	0.44	0.12	0.28	0.08	0.39	0.20	0.31
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	14.24%	16.01%	19.62%	21.76%	21.37%	23.72%	22.28%	26.53%	26.63%	24.42%	23.78%
Augmented Payout Ratio	101.26%	83.23%	65.42%	38.29%	34.62%	38.41%	36.12%	43.15%	43.39%	39.87%	41.42%

Key Financial Trends

Capital One Financial Corp's financial data over the past four years shows a company experiencing growth in revenues and net income, balanced with increasing expenses and provisions for credit losses. Here's a detailed analysis of key trends and data points from quarterly financial statements:

Revenue Growth: Total revenue increased steadily from roughly $8.8 billion in Q3 2022 to about $10.0 billion in Q1 2025, showing consistent top-line expansion.
Net Income Improvements: Quarterly net income attributable to common shareholders grew from $1.6 billion in Q3 2022 to $1.33 billion in Q1 2025, with some fluctuations but positive overall trend.
Stable Earnings per Share (EPS): Basic and diluted EPS generally trended upward with Q1 2025 reporting $3.46 (basic) and $3.45 (diluted), improving from $2.32/$2.31 in Q2 2024 and $4.42/$4.41 in Q3 2024 indicating effective earnings growth relative to shares outstanding.
Increasing Deposits: Interest bearing deposits rose from about $282 billion in Q3 2022 to $341 billion in Q1 2025, indicating strengthened deposit base and customer funds.
Loan Portfolio Expansion: Net loans and leases grew from about $292 billion in Q3 2022 to approximately $308 billion in Q1 2025, signaling higher lending activity.
Provision for Credit Losses: Provisions increased significantly to about $2.37 billion in Q1 2025 from $1.67 billion in Q3 2022, reflecting cautious credit risk management amid changing economic conditions.
Expense Trends: Non-interest expenses have increased over the years, reaching $5.9 billion in Q1 2025 compared to $4.9 billion in Q3 2022, driven by rising salaries, marketing, and other operating costs.
Interest Expense Growth: Total interest expense rose from about $1.2 billion in Q3 2022 to $3.4 billion in Q1 2025, suggesting higher financing costs likely due to increased debt and rising interest rates.
Allowance for Loan and Lease Losses: Increased allowance balance from $12.2 billion in Q3 2022 to nearly $16 billion in Q1 2025 may indicate anticipated future credit risks.
Lower Net Interest Income in Recent Quarters: Net interest income, while generally stable, showed some pressure, being $7.4 billion in Q3 2022 versus $8.0 billion in Q1 2025 - a moderate increase but potentially impacted by higher expenses.

Additional observations:

Capital One has continued regular payment of dividends at $0.60 per share quarterly, indicating commitment to shareholder returns.
The company made use of share repurchases and equity issuances, moderately changing common equity base over periods.
Cash and cash equivalents increased notably in recent quarters, suggesting improved liquidity and cash flow management.

Summary: Overall, Capital One shows steady growth in core banking activities, with increasing revenues and net income supported by loan and deposit expansion. While rising expenses and credit loss provisions warrant monitoring, the company’s earnings strength and solid balance sheet position it well. Retail investors should watch for credit conditions and interest expense trends, as they may influence profitability going forward.

08/05/25 09:49 AMAI Generated. May Contain Errors.

Frequently Asked Questions About Capital One Financial's Financials

When does Capital One Financial's fiscal year end?

According to the most recent income statement we have on file, Capital One Financial's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Capital One Financial's net income changed over the last 9 years?

Capital One Financial's net income appears to be on an upward trend, with a most recent value of $4.75 billion in 2024, rising from $4.05 billion in 2015. The previous period was $4.89 billion in 2023. View Capital One Financial's forecast to see where analysts expect Capital One Financial to go next.

How has Capital One Financial's revenue changed over the last 9 years?

Over the last 9 years, Capital One Financial's total revenue changed from $23.41 billion in 2015 to $39.11 billion in 2024, a change of 67.1%.

How much debt does Capital One Financial have?

Capital One Financial's total liabilities were at $429.36 billion at the end of 2024, a 2.1% increase from 2023, and a 49.7% increase since 2015.

How much cash does Capital One Financial have?

In the past 9 years, Capital One Financial's cash and equivalents has ranged from $3.03 billion in 2024 to $5.19 billion in 2022, and is currently $3.03 billion as of their latest financial filing in 2024.

How has Capital One Financial's book value per share changed over the last 9 years?

Over the last 9 years, Capital One Financial's book value per share changed from 88.87 in 2015 to 159.32 in 2024, a change of 79.3%.

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This page (NYSE:COF) was last updated on 8/5/2025 by MarketBeat.com Staff

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Capital One Financial (COF) Financials

Key Financial Trends

Frequently Asked Questions About Capital One Financial's Financials

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Capital One Financial (COF) Financials

Annual Income Statements for Capital One Financial

Quarterly Income Statements for Capital One Financial

Annual Cash Flow Statements for Capital One Financial

Quarterly Cash Flow Statements for Capital One Financial

Annual Balance Sheets for Capital One Financial

Quarterly Balance Sheets for Capital One Financial

Annual Metrics And Ratios for Capital One Financial

Quarterly Metrics And Ratios for Capital One Financial

Key Financial Trends

Frequently Asked Questions About Capital One Financial's Financials

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