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Coursera COUR Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin54.6%+1.1pp53.5%+1.6pp51.9%-11.4pp63.3%+3.2pp
Operating margin-10.2%+6.1pp-16.3%+6.6pp-22.9%+11.0pp-33.9%+0.6pp
Net margin-6.7%+4.7pp-11.4%+6.9pp-18.3%+15.1pp-33.5%+1.5pp
EBITDA margin-6.4%+6.3pp-12.7%+6.7pp-19.4%+10.9pp-30.3%+0.6pp
Free cash flow margin14.2%+0.6pp13.5%+9.0pp4.5%
Returns
Return on equity-8.3%+4.8pp-13.1%+4.7pp-17.8%+6.6pp-24.4%
Return on assets-5.3%+3.3pp-8.6%+3.9pp-12.5%+5.9pp-18.4%+2.7pp
Efficiency
Asset turnover0.8×0.0×0.8×+0.1×0.7×+0.1×0.5×-0.1×
Liquidity
Current ratio2.5×0.0×2.5×-0.3×2.8×-0.8×3.6×-0.8×
Quick ratio2.5×0.0×2.5×-0.3×2.8×-0.8×3.6×-0.8×
Cash ratio2.2×0.0×2.2×0.0×2.2×+0.9×1.3×-1.6×
Leverage
Debt-to-equity0.0×0.0×0.0×0.0×
Debt-to-assets0.0×0.0×0.0×0.0×
Per Share
Book value per share$3.88+2.3%$3.80-7.0%$4.08-14.7%$4.78-26.8%
Valuation
Market capitalization$1.24B-8.2%$1.35B-54.8%$2.98B+71.0%$1.74B-50.2%
Enterprise value$448.11M-27.8%$621.06M-73.3%$2.33B+62.3%$1.43B-51.1%
Price / sales1.6×-0.3×1.9×-2.7×4.7×+1.4×3.3×-5.1×
Price / book1.9×-0.3×2.3×-2.6×4.8×+2.3×2.5×-2.2×
EV / sales0.6×-0.3×0.9×-2.8×3.7×+0.9×2.7×-4.3×
Free cash flow yield8.7%+1.7pp7%+6.0pp1%
Earnings yield-4.1%+1.8pp-5.9%-2.0pp-3.9%+6.2pp-10.1%-5.9pp

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Questions, answered.

Where do Coursera's ratios come from?
Every ratio is computed from Coursera'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.