Maplebear Inc. CART Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 73.1%-0.6pp | 73.7%-0.8pp | 74.5%-0.4pp | 74.8%-0.4pp | 75.2%0.0pp | |
| Operating margin | 14.7%+1.4pp | 13.3%-2.0pp | 15.3%+0.4pp | 14.9%+1.7pp | 13.2%-1.3pp | |
| Net margin | 12.6%+0.6pp | 11.9%-2.2pp | 14.1%+0.4pp | 13.8%+1.2pp | 12.5%-1.0pp | |
| Returns | ||||||
| Return on equity | 17.4%+1.5pp | 15.9%-0.3pp | 16.2%+0.8pp | 15.4%+1.7pp | 13.7%+0.4pp | |
| Return on invested capital | 35.9%+12.4pp | 23.5%-6.3pp | 29.8%+2.4pp | 27.5%+1.9pp | 25.6%0.0pp | |
| Efficiency | ||||||
| Asset turnover | 1×0.0× | 1×+0.1× | 0.9×0.0× | 0.8×0.0× | 0.8×+0.1× | |
| Liquidity | ||||||
| Current ratio | 2.4×0.0× | 2.4×-1.2× | 3.6×+0.3× | 3.3×+0.1× | 3.2×-0.1× | |
| Leverage | ||||||
| Debt-to-equity | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Net debt / EBITDA | -1.1×+0.3× | -1.3×+1.5× | -2.8×-0.2× | -2.7×+0.6× | -3.2×-0.6× | |
| Per Share | ||||||
| Book value per share | $9.44+4.9% | $9.01-26.3% | $12.21+4.1% | $11.73+2.4% | $11.46+7.1% | |
| Valuation | ||||||
| Market capitalization | $9.01B-23.7% | $11.81B+21.9% | $9.68B-15.3% | $11.44B+8.3% | $10.56B-0.8% | |
| Price / earnings | 18.6×-7.8× | 26.4×+7.6× | 18.8×-4.6× | 23.4×-0.9× | 24.4×+1.1× | |
| Price / sales | 2.3×-0.8× | 3.2×+0.5× | 2.7×-0.6× | 3.2×+0.2× | 3.1×-0.1× | |
| Price / book | 3.8×-0.9× | 4.7×+1.9× | 2.8×-0.7× | 3.5×+0.1× | 3.3×-0.1× | |
| EV / EBITDA | 12.4×-6.4× | 18.7×+6.4× | 12.4×-4.1× | 16.4×-0.7× | 17.1×+0.2× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Maplebear Inc.'s profit margins?
- Maplebear Inc. (CART) runs a 73.1% gross margin and a 14.7% operating margin, with a 12.6% net margin.
- Where do Maplebear Inc.'s ratios come from?
- Every ratio is computed from Maplebear Inc.'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.
