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Southeast Asian super-app offering ride-hailing, food/grocery delivery and digital financial services across the region.
Southeast Asian super-app offering ride-hailing, food/grocery delivery and digital financial services across the region.
Takes a commission from each ride and delivery order, plus fees from merchants for advertising and from users for faster delivery, with interest and payment fees from its financial arm. Mobility and delivery together carry the group. Its drivers are independent contractors, not employees. Singapore-based, it listed in the US through a SPAC in 2021.
In one line: SE Asia's Uber+DoorDash+PayPal combined.
Moat: narrow (network effects, scale, brand). Regional super-app density across mobility, delivery and payments creates cross-selling advantages.
Headquarters: Singapore · Founded: 2012 · Employees: 12,012
Size Grab (GRAB) is a United States Industrials company (Air Freight/Couriers) with a market value of $13.9B, the 635th largest of 3,117 United States companies the cockpit tracks. Shares closed at $3.41 on 6 Nov 2026.
Performance Over six months the shares fell 8.3%, against -1.7% for the median peer and -1.1% for the United States market (cap-weighted) — 9th lowest of 20 in its peer set.
Growth Revenue grew 22.9% over the last twelve months (peer median +10.8%); the operating margin is 10.7% (peer median 4.9%).
Valuation It trades at 23.3× forward earnings against a peer median of 15.2× (most expensive of 18).
Price implies For today's price to make sense, revenue must grow about 18% a year for seven years (Req g). Recent delivered growth is +48%, so the hurdle is -31 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 0.5 points below its cost of capital (8.5% WACC).
Credit Grab has 1 bond outstanding ($1.50B).
Short interest Short interest is 4.7% of the free float (15 Oct 2026).
Next results Next results expected around 25 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $3.97B | $3.37B | $2.80B | $2.36B | $1.43B |
| Revenue growth | — | +20% | +19% | +65% | — |
| Gross profit | $1.76B | $1.46B | $1.17B | $860M | $77.0M |
| EBITDA | $650M | $379M | $75.0M | -$259M | -$1.18B |
| Net income | $586M | $268M | -$105M | -$434M | -$1.68B |
| Free cash flow | $156M | $134M | $932M | $118M | -$961M |
| Capital expenditure | $139M | $123M | $113M | $92.0M | $74.0M |
| Total debt | $2.07B | $2.05B | $364M | $793M | $1.36B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Grab GRAB | $13.9B | -8% | +23% | 11% | 23.3× | 17.8% |
| Sea Limited Sponsored ADR SE | $49.1B | -13% | +43% | 8% | 18.0× | 11.7% |
| Delivery Hero DHER.DE | $12.9B | +31% | +11% | 0% | n/a | n/a |
| Comfortdelgro C52.SI | $2.19B | -10% | +9% | 9% | 15.0× | -8.2% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | GRAB | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +9.7% | +5.2% | 6th highest of 21 |
| 6-month return | -8.3% | -1.7% | 9th lowest of 20 |
| Distance from 52-week high | -45.3% | -16.7% | 2nd lowest of 21 |
| Revenue growth (TTM) | +22.9% | +10.8% | 4th highest of 21 |
| Operating margin | 10.7% | 4.9% | 4th highest of 21 |
| Forward P/E | 23.3× | 15.2× | most expensive of 18 |
| Growth the price implies (Req g, 7 yrs) | 17.8% | -1.6% | 2nd most demanding of 18 |
| Growth delivered (Del g) | +48.4% | +8.5% | 2nd highest of 18 |
| Hurdle (Req g minus delivered) | -30.5 pp | -7.2 pp | 2nd least demanding of 18 |
| ROIC minus cost of capital | -0.5 pp | +6.1 pp | 8th lowest of 21 |
| EV / EBITDA | 16.6× | 8.6× | 2nd most expensive of 11 |
| Net debt / EBITDA | -5.5× | 1.9× | least indebted of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Grab GRAB | United States | $13.9B | -8% | +23% | 11% | 23.3× | 17.8% | +48.4% |
| C.H. Robinson CHRW | United States | $14.5B | -27% | +10% | 5% | 17.2× | 9.2% | 0.0% |
| Delivery Hero SE TEMP DHE1.DE | Germany | $12.9B | n/a | +11% | 0% | n/a | n/a | n/a |
| Delivery Hero DHER.DE | Germany | $12.9B | +31% | +11% | 0% | n/a | n/a | n/a |
| Zto Express-w 2057.HK | Hong Kong | $15.6B | -19% | +21% | 20% | 10.2× | -1.6% | +13.5% |
| J&T Global Express 1519.HK | Hong Kong | $11.9B | -2% | +32% | 6% | 18.6× | -3.8% | +51.4% |
| Hyundaiglovis 086280.KS | South Korea | $10.9B | -13% | +12% | 6% | 8.7× | -10.8% | +12.3% |
| Ryder System R | United States | $10.2B | +11% | +3% | 8% | 15.2× | 7.9% | +8.5% |
| YTO Express 600233.SS | China | $9.63B | -13% | +8% | 9% | 10.3× | -12.2% | +16.6% |
| Brambles BXB.AX | Australia | $20.4B | +2% | +1% | 17% | 20.8× | 8.9% | +8.3% |
| Jd Logistics 2618.HK | Hong Kong | $9.10B | -29% | +29% | 3% | 6.9× | -0.4% | +23.4% |
| Nippon Express Hldgs 9147.T | Japan | $8.22B | +35% | +2% | 3% | 17.6× | 7.9% | +4.4% |
| S.F 002352.SZ | China | $23.9B | -7% | +6% | 5% | 15.9× | -12.9% | +14.9% |
| S.F 6936.HK | Hong Kong | $23.9B | -12% | +11% | 5% | 12.5× | -11.4% | +14.1% |
| Expeditors International EXPD | United States | $24.0B | +18% | +19% | 10% | 21.1× | 8.9% | +2.9% |
| Yunnan Yuntianhua 600096.SS | China | $7.17B | -28% | -19% | 11% | 9.3× | -1.7% | -1.5% |
| Sinotrans 601598.SS | China | $6.74B | +18% | -1% | 0% | 14.8× | 4.3% | +2.7% |
| GXO Logistics GXO | United States | $6.33B | +7% | +7% | 3% | 16.0× | 20.2% | +16.3% |
| Swiggy SWIGGY.NS | India | $5.61B | -32% | +42% | -15% | n/a | n/a | n/a |
| SG Holdings Co., Ltd. 9143.T | Japan | $5.56B | +1% | +14% | 5% | 14.0× | -2.6% | +4.6% |
| Logista Integral LOG.MC | Spain | $5.42B | +15% | +4% | 2% | 15.8× | -5.9% | +5.4% |
Grab has 1 bond outstanding with $1.50B face value.