Fundamentals · 2026-09-09S&P 500ANNUAL BASIS

Capital One

COF stock analysis · Financials · Consumer Finance

FY 2025-12-31ANNUAL FILINGS
Compare ⇄
These are research estimates based on annual filings. Valuation uses a cash-flow proxy and explicit assumptions; prices are not live. Published valuations use annual periods first filed by the price date, with later restatements retained.
Reference share price · USD
$200.62HISTORICAL SNAPSHOT

As of · fund-implied per-share value

Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.

View SEC fund filing ↗
Estimated issuer market cap
$124.8B

Price × SEC outstanding shares. Shares measured 2026-04-30. Approximate; share and price dates can differ.

View share-count filing ↗
Valuation

DCF value

Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.

Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.

How this is calculated ↗
Valuation

Reverse DCF

Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.

Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.

How this is calculated ↗
Valuation

Relative valuation

-70.3%

69 sector peers · median 17.0×

How this is calculated ↗
Valuation

Historical multiples

14.8×

7 annual observations · snapshot P/E 57.2× · 285.8% versus history

How this is calculated ↗
Valuation

Free cash flow yield

Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.

Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.

How this is calculated ↗
Quality

ROIC / quality

Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.

Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.

How this is calculated ↗
Valuation

Value composite

Requires three valuation yields and at least five covered sector peers.

Requires three valuation yields and at least five covered sector peers.

How this is calculated ↗
Momentum

12–1 price momentum

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

How this is calculated ↗
Investment

Asset growth

36.5%

Annual basis · read assumptions below

How this is calculated ↗
Investment

Net payout yield

4.2%

Annual basis · read assumptions below

How this is calculated ↗
Quality

Accrual quality

Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.

Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.

How this is calculated ↗
Momentum

Fundamental momentum

Requires two adjacent years of revenue, operating income and cash flow.

Requires two adjacent years of revenue, operating income and cash flow.

How this is calculated ↗

Follow the cash

ANNUAL · USD

Operating cash flow and reinvestment over time

USD · bar maximum 27.7B2020-12-31: cfo $16,699,000,000.002020-12-31: capex $710,000,000.0020202021-12-31: cfo $12,310,000,000.002021-12-31: capex $698,000,000.0020212022-12-31: cfo $13,809,000,000.002022-12-31: capex $934,000,000.0020222023-12-31: cfo $20,575,000,000.002023-12-31: capex $961,000,000.0020232024-12-31: cfo $18,159,000,000.002024-12-31: capex $1,204,000,000.0020242025-12-31: cfo $27,718,000,000.002025-12-31: capex $1,578,000,000.002025
Operating cash flowCapital expenditure

Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.

Make the assumptions yours

Personal inputs stay in this browser. Blank fields retain published inputs. Five-year forecast; zero net borrowing. Required return must exceed terminal growth.

How sensitive is the valuation?

DCF per-share sensitivity · includes reviewed preferred and minority-owner claims · rows: required return · columns: growth
Return / Growth3.0%5.0%7.0%
8.0%
10.0%
12.0%

Annual financial history

Open SEC filings ↗
Fiscal year-endRevenueNet incomeOperating cash flowCapital expenditureAssets
2025-12-318.1B2.5B27.7B1.6B669B
2024-12-315.9B4.8B18.2B1.2B490.1B
2023-12-315.6B4.9B20.6B961M478.5B
2022-12-315.4B7.4B13.8B934M455.2B
2021-12-314.8B12.4B12.3B698M432.4B
2020-12-313.7B2.7B16.7B710M421.6B
2019-12-313.8B5.5B16.6B887M390.4B
2018-12-313.4B6B13B874M372.5B

USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.

Trace the inputs

MODEL ANNUAL PERIOD
InputValueSEC tag / sourceFiled
revenue8.1BRevenueFromContractWithCustomerExcludingAssessedTax2026-02-19
netIncome2.5BNetIncomeLoss
Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income.
2026-02-19
Parent/common earnings proxy2.2BNetIncomeLossAvailableToCommonStockholdersBasic2026-02-19
cfo27.7BNetCashProvidedByUsedInOperatingActivities2026-02-19
capex1.6BPaymentsToAcquirePropertyPlantAndEquipment2026-02-19
operatingIncomeNot reported under a supported tag
assets669BAssets2026-02-19
equity113.6BStockholdersEquity
Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income.
2026-02-19
Parent book equity proxy113.6BStockholdersEquity2026-02-19
debtNot reported under a supported tag
shortDebt1.1BShortTermBorrowings2026-02-19
cash62.1BCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents2026-02-19
shares541.3MWeightedAverageNumberOfDilutedSharesOutstanding2026-02-19
dividends1.5BPaymentsOfDividendsCommonStock2026-02-19
buybacks4.1BPaymentsForRepurchaseOfCommonStock2026-02-19
issuance400MProceedsFromIssuanceOfCommonStock2026-02-19