Asana ASAN Ratios & Valuation
| FY'26 | FY'25 | FY'24 | FY'23 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 89%-0.3pp | 89.3%-0.8pp | 90.1%+0.4pp | 89.7%-0.1pp | |
| Operating margin | -25%+11.9pp | -36.8%+4.5pp | -41.4%+33.1pp | -74.5%-4.5pp | |
| Net margin | -23.9%+11.4pp | -35.3%+4.1pp | -39.4%+35.1pp | -74.5%+1.7pp | |
| Returns | |||||
| Return on equity | -99.1%-6.8pp | -92.3%-17.0pp | -75.3%+70.3pp | -145.5%— | |
| Return on invested capital | -77.5%+1.7pp | -79.2%+35.9pp | -115.1%+139pp | -254.4%— | |
| Efficiency | |||||
| Asset turnover | 0.9×+0.1× | 0.8×+0.1× | 0.7×0.0× | 0.7×+0.1× | |
| Liquidity | |||||
| Current ratio | 1.2×-0.3× | 1.4×-0.4× | 1.8×-0.2× | 2×+0.4× | |
| Leverage | |||||
| Debt-to-equity | 1.6×+0.5× | 1.2×+0.3× | 0.9×+0.1× | 0.8×-0.5× | |
| Per Share | |||||
| Book value per share | $0.65-34.4% | $0.99-33.0% | $1.48-16.9% | $1.78+54.3% | |
| Valuation | |||||
| Market capitalization | $2.43B-50.2% | $4.88B+25.9% | $3.88B+17.5% | $3.3B-66.3% | |
| Price / sales | 3.1×-3.7× | 6.7×+0.8× | 5.9×-0.1× | 6×-19.8× | |
| Price / book | 15.8×-5.7× | 21.5×+9.6× | 11.9×+2.6× | 9.2×-38.7× |
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.