Asana ASAN Ratios & Valuation
| TTM Q1 '27 | TTM Q4 '26 | TTM Q3 '26 | TTM Q2 '26 | TTM Q1 '26 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 88.5%-0.9pp | 89%-0.3pp | 89.5%+0.1pp | 89.6%-0.1pp | 89.4%-0.6pp | |
| Operating margin | -20.9%+12.2pp | -25%+11.9pp | -29.3%+9.0pp | -28.7%+11.1pp | -33.1%+7.2pp | |
| Net margin | -20.2%+11.2pp | -23.9%+11.4pp | -28.3%+7.8pp | -27.5%+10.2pp | -31.4%+7.2pp | |
| EBITDA margin | -18%+12.6pp | -22.2%+12.3pp | -26.7%+9.3pp | -26.1%+11.4pp | -30.6%+7.5pp | |
| Free cash flow margin | 14.6%+12.1pp | 10.9%— | 9.6%— | 5.7%— | 2.5%— | |
| Returns | ||||||
| Return on equity | -87.6%-4.2pp | -99.1%-6.8pp | -102.5%-13.0pp | -80.5%+2.5pp | -83.4%-5.7pp | |
| Return on assets | -19.4%+5.6pp | -21.8%+5.8pp | -25.6%+2.5pp | -22.8%+4.6pp | -25%+1.4pp | |
| Return on invested capital | -59.2%+8.8pp | -77.5%+1.7pp | -74.4%+7.4pp | -63.5%+34.9pp | -68%+17.5pp | |
| Efficiency | ||||||
| Asset turnover | 1×+0.2× | 0.9×+0.1× | 0.9×+0.1× | 0.8×+0.1× | 0.8×+0.1× | |
| Liquidity | ||||||
| Current ratio | 1.1×-0.3× | 1.2×-0.3× | 1.4×-0.1× | 1.4×-0.2× | 1.5×-0.2× | |
| Quick ratio | 1.1×-0.3× | 1.2×-0.3× | 1.4×-0.1× | 1.4×-0.2× | 1.5×-0.2× | |
| Cash ratio | 0.4×-0.1× | 0.4×0.0× | 0.4×-0.1× | 0.4×-0.1× | 0.5×-0.1× | |
| Leverage | ||||||
| Debt-to-equity | 2.1×+0.8× | 1.6×+0.5× | 1.5×+0.4× | 1.3×+0.3× | 1.3×+0.4× | |
| Debt-to-assets | 0.4×0.0× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | 0.3×+0.1× | |
| Interest coverage | -56.1×+13.1× | -62.7×+9.7× | -70.8×-0.1× | -64.4×+5.7× | -69.2×-0.2× | |
| Per Share | ||||||
| Book value per share | $0.58-42.8% | $0.65-34.4% | $0.79-24.0% | $0.95-25.2% | $1.01-28.6% | |
| Valuation | ||||||
| Market capitalization | $1.5B-59.7% | $2.43B-50.2% | $3.32B+21.8% | $3.45B+4.1% | $3.72B+11.4% | |
| Enterprise value | $1.59B-58.4% | $2.48B-50.0% | $3.42B+22.3% | $3.56B+5.4% | $3.83B+12.6% | |
| Price / sales | 1.9×-3.2× | 3.1×-3.7× | 4.3×+0.4× | 4.6×-0.2× | 5×+0.1× | |
| Price / book | 11×-4.8× | 15.8×-5.7× | 17.6×+6.2× | 15.4×+4.0× | 15.8×+5.3× | |
| EV / sales | 2×-3.2× | 3.1×-3.7× | 4.4×+0.5× | 4.7×-0.2× | 5.2×+0.1× | |
| Free cash flow yield | 7.9%+7.4pp | 3.6%— | 2.2%— | 1.2%— | 0.5%— | |
| Earnings yield | -10.9%-4.7pp | -7.8%-2.5pp | -6.6%+2.8pp | -6%+1.8pp | -6.2%+1.5pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Asana's profit margins?
- Asana (ASAN) runs a 88.5% gross margin and a -20.9% operating margin, with a -20.2% net margin.
- Where do Asana's ratios come from?
- Every ratio is computed from Asana's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
