Webull vs Cohen & Co
Webull is the larger business, with $571m of revenue in fiscal 2025 against $276m for Cohen & Co (2.1 times as much). Cohen & Co grew faster (246.2% against 46.3%). Cohen & Co kept more of each dollar of sales as profit: a net margin of 5.2% against 4.3%. Webull carries less debt relative to equity (6.4% against 64.4%).
| Latest fiscal year | WebullBULL, 2025 | Cohen & CoCOHN, 2025 |
|---|---|---|
| Revenue | $571m | $276m |
| Revenue growth | 46.3% | 246.2% |
| Net income | $24.8m | $14.4m |
| Operating margin | — | 21.6% |
| Net margin | 4.3% | 5.2% |
| Return on equity | — | 31.1% |
| Free cash flow | $562m | $26.1m |
| Cash | $653m | $56.8m |
| Total debt | $65.0m | $32.9m |
| Debt to equity | 6.4% | 64.4% |
| Dividend per share | — | — |
| Dividend yield | — | 12.4% |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $2.05bn | $32.7m |
| Price vs our value range | — | — |
| Moat score | — | 7 (Weak) |
| Insider trades, 12 months | 0 buys, 8 sales | 2 buys, 4 sales |