Grab Holdings Limited (GRAB) vs IREN Limited (IREN)
A side-by-side comparison of Grab Holdings Limited and IREN Limited across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 1, 2026. Differences are shown without an overall score or investment verdict.
GRAB
Grab Holdings Limited
$3.46TechnologyDelayed quote: Sep 1, 2026, 4:00 PM EDT
IREN
IREN Limited
$36.82TechnologyDelayed quote: Sep 1, 2026, 4:00 PM EDT
Total return — GRAB vs IREN
growth of $100 · dividends reinvested · last 5yGRAB -76.5% (-25.2%/yr)IREN +45.0% (+7.7%/yr)IREN compounded faster over this window
Log scale — wide-divergence pair
GRAB IREN
GRAB vs IREN: by the numbers
- •GRAB is the larger company ($13.75B vs $13.14B market cap).
- •GRAB is profitable (15.97% net margin) while IREN runs a net loss (-99.38%).
- •IREN grew revenue faster over the past five years (160.68% vs 36.55% CAGR).
Metrics side by side
Valuation
| Metric | GRAB | IREN |
|---|---|---|
| P/E ratio | 25.56 | N/A |
| Forward P/E | 23.55 | N/A |
| P/S ratio | 3.95 | 18.85 |
| P/B ratio | 2.18 | 3.18 |
| EV / EBITDA | 30.02 | N/A |
Profitability
| Metric | GRAB | IREN |
|---|---|---|
| Gross margin | 43.63% | 68.93% |
| Operating margin | 6.92% | -148.05% |
| Net margin | 15.97% | -99.38% |
| ROE | 8.81% | -16.79% |
| ROIC | 2.70% | -7.62% |
Growth (annualized)
| Metric | GRAB | IREN |
|---|---|---|
| Revenue CAGR (5Y) | 36.55% | 160.68% |
| Total return CAGR (5Y) | -19.92% | N/A |
Frequently asked
- Which has grown faster, GRAB or IREN?
- Over the past five years, IREN grew revenue faster — GRAB at a 36.55% CAGR versus IREN at 160.68%.
- Is GRAB or IREN more profitable?
- GRAB runs the higher net margin — GRAB at 15.97% versus IREN at -99.38%.
Go deeper
Dig into the metrics
Grab P/E ratioGrab ROEIREN ROEGrab operating marginIREN operating marginGrab revenue growthIREN revenue growthGrab free cash flowIREN free cash flow
Grab & IREN appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 1, 2026.