DoorDash DASH Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 50.9%+1.7pp | 50.9%+2.6pp | 50.5%+2.9pp | 50%+3.1pp | 49.2%+2.4pp | |
| Operating margin | 4.9%— | 5.3%— | —— | —— | —— | |
| Net margin | 6.3%+3.3pp | 6.8%+5.7pp | 6.8%+8.5pp | 6.6%+10.8pp | 3%+7.6pp | |
| Returns | ||||||
| Return on equity | 10%+5.6pp | 10.5%+8.8pp | 10.1%+12.5pp | 9.7%+15.7pp | 4.4%+10.6pp | |
| Return on invested capital | 14.3%+9.3pp | 14.3%+13.9pp | 21.1%+26.7pp | 17.1%+27.5pp | 5%+15.3pp | |
| Efficiency | ||||||
| Asset turnover | 0.9×0.0× | 0.8×-0.1× | 0.8×-0.1× | 0.8×-0.1× | 0.9×0.0× | |
| Liquidity | ||||||
| Current ratio | 1.4×-0.3× | 1.4×-0.3× | 2×+0.4× | 2.1×+0.4× | 1.7×+0.1× | |
| Leverage | ||||||
| Debt-to-equity | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | |
| Net debt / EBITDA | -2.8×+2.4× | -2.8×+3.5× | -5×+6.0× | -5.2×+32.9× | -5.2×+40.6× | |
| Per Share | ||||||
| Book value per share | $23.06+19.7% | $22.82+25.8% | $21.49+21.5% | $20.35+16.7% | $19.26+11.6% | |
| Valuation | ||||||
| Market capitalization | $65.23B-15.0% | $97.61B+40.1% | $116.19B+98.3% | $100.08B+127% | $76.78B+37.5% | |
| Price / earnings | 70.4×-156× | 104.4×-462× | 134.6×— | 128.1×— | 226.5×— | |
| Price / sales | 4.4×-2.4× | 7.1×+0.6× | 9.2×+3.4× | 8.4×+3.8× | 6.8×+0.7× | |
| Price / book | 6.4×-2.8× | 9.7×+0.8× | 12.2×+4.5× | 11.2×+5.1× | 9.2×+1.2× | |
| EV / EBITDA | 38.4×-51.4× | 63.6×-49.8× | 79.6×-101× | 78.8×-428× | 89.8×-811× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are DoorDash's profit margins?
- DoorDash (DASH) runs a 50.9% gross margin and a 4.9% operating margin, with a 6.3% net margin.
- Where do DoorDash's ratios come from?
- Every ratio is computed from DoorDash'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.
