BILL Holdings, Inc. (BILL): a likely value trap?

Avoid — a multi-year, unexplained slide in a still-unprofitable, decelerating fintech is more likely a slow bleed than a bargain.

⚠ TRAP Fundamentals59/100

Down 88% from its all-time high of $334.70 — now $41.60

Why BILL dropped

Search tools were unavailable to pin down the exact recent catalyst, but the stock has been declining for years (down 87.6% from its 2021 peak) and is still down 18% just in the last month, while revenue growth has slowed to 13.8% and net margin remains negative — consistent with a persistent deceleration story (competition in SMB payments, fading 'float income' as interest rates normalize) rather than a single fixable event.

Fwd P/E 9.6Op margin 9.7%Rev growth 13.8%Debt/equity 53.7%Analyst upside 37.7%

How this scored 59/100

✅ Passes all 4 hard checks — profitable, cash-generative, and financially survivable.

✅ Makes money Loss-making today, but operations are profitable (9.7%) and analysts expect positive earnings next year

✅ Generates cash Free cash flow $223M

✅ Not drowning in debt Debt/equity 53.7% (limit 200%)

✅ Can pay its bills Current ratio 1.5 (needs 1+)

Bar length shows how much each metric is worth — a 10-point metric is twice as wide as a 5-point one. Hover any row for what it means.

Profitability Does it actually make money? 3/25

Operating margin 9.7% 3/9

Net profit margin -0.7% 0/8

Return on equity -0.3% 0/8

Growth Is it getting bigger, or dying? 16/25

Revenue growth 13.8% 6/9

Earnings growth unknown 2/8

Expected profit change 4052.9% 8/8

Value Is it cheap right now? 22/25

Forward P/E 9.6 10/10

PEG ratio 0.4 8/8

Analyst target upside 37.7% 4/7

Balance sheet Will it survive? 18/25

Debt / equity 53.7% 8/10

Current ratio 1.5 3/8

Free cash flow $223M 7/7

🔒 Read the full AI analysis

Create a free account to unlock the bull case and the risks for BILL — plus today's other picks.

Analysis generated by SmartStonks's AI from public fundamentals and news, first flagged 2026-09-29. Research only — not financial advice.