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DoorDash DASH Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin202.3%+1.7pp200.6%+2.6pp198%+2.9pp195.2%+3.1pp192%+2.4pp
Net margin26.5%+3.3pp23.2%+5.7pp17.6%+8.5pp9%+10.8pp-1.8%+7.6pp
EBITDA margin42.3%+3.6pp38.8%+5.3pp33.5%+7.9pp25.6%+9.2pp16.5%+6.5pp
Free cash flow margin65.3%-3.7pp68.9%-3.1pp72%-1.5pp73.5%-2.8pp76.3%-0.7pp
Returns
Return on equity40.3%+5.6pp34.7%+8.8pp25.9%+12.5pp13.4%+15.7pp-2.3%+10.6pp
Return on assets22.4%+2.9pp19.6%+4.7pp14.9%+7.2pp7.6%+9.2pp-1.6%+6.7pp
Return on invested capital66.8%+9.3pp57.5%+13.9pp43.6%+26.7pp16.9%+27.5pp-10.6%+15.3pp
Efficiency
Asset turnover3.4×0.0×3.4×-0.1×3.5×-0.1×3.5×-0.1×3.6×0.0×
Liquidity
Current ratio6.9×-0.3×7.2×-0.3×7.5×+0.4×7.1×+0.4×6.7×+0.1×
Quick ratio6.9×-0.3×7.2×-0.3×7.5×+0.4×7.1×+0.4×6.7×+0.1×
Cash ratio4.5×-0.2×4.7×-0.2×4.8×+0.5×4.4×+0.5×3.8×+0.2×
Leverage
Debt-to-equity0.2×0.0×0.2×0.0×0.2×0.0×0.3×0.0×0.3×0.0×
Debt-to-assets0.1×0.0×0.1×0.0×0.1×0.0×0.2×0.0×0.2×0.0×
Net debt / EBITDA-15.8×+2.4×-18.2×+3.5×-21.7×+6.0×-27.7×+32.9×-60.6×+40.6×
Per Share
Book value per share$87.72+4.5%$83.92+5.9%$79.24+5.0%$75.44+4.0%$72.53+2.8%
Valuation
Market capitalization$379.11B-3.0%$390.66B+7.7%$362.73B+18.9%$305.13B+22.5%$249.16B+9.2%
Enterprise value$357.54B-3.2%$369.33B+8.0%$341.83B+18.8%$287.72B+22.5%$234.84B+9.0%
Price / earnings437.6×-156×593.7×-462×1,055.8×
Price / sales29.2×-2.4×31.6×+0.6×30.9×+3.4×27.5×+3.8×23.7×+0.7×
Price / book39.6×-2.8×42.3×+0.8×41.5×+4.5×37×+5.1×32×+1.2×
EV / EBITDA260.5×-51.4×311.9×-49.8×361.7×-101×462.6×-428×890.2×-811×
EV / sales27.5×-2.3×29.8×+0.7×29.2×+3.2×25.9×+3.6×22.3×+0.6×
Free cash flow yield9.5%+0.6pp8.9%-0.7pp9.5%-1.4pp11%-2.3pp13.2%-0.4pp
Earnings yield3.9%+1.0pp2.9%+0.8pp2.1%+1.0pp1.1%+1.7pp-0.6%+1.2pp

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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.