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DoorDash DASH Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin50.9%+1.7pp50.9%+2.6pp50.5%+2.9pp50%+3.1pp49.2%+2.4pp
Operating margin4.9%5.3%
Net margin6.3%+3.3pp6.8%+5.7pp6.8%+8.5pp6.6%+10.8pp3%+7.6pp
EBITDA margin10.8%+3.6pp10.7%+5.3pp10.9%+7.9pp10%+9.2pp7.2%+6.5pp
Free cash flow margin14.6%-3.7pp15.8%-3.1pp18.1%-1.5pp16.7%-2.8pp18.3%-0.7pp
Returns
Return on equity10%+5.6pp10.5%+8.8pp10.1%+12.5pp9.7%+15.7pp4.4%+10.6pp
Return on assets5.6%+2.9pp5.8%+4.7pp5.7%+7.2pp5.4%+9.2pp2.7%+6.7pp
Return on invested capital14.3%+9.3pp14.3%+13.9pp21.1%+26.7pp17.1%+27.5pp5%+15.3pp
Efficiency
Asset turnover0.9×0.0×0.8×-0.1×0.8×-0.1×0.8×-0.1×0.9×0.0×
Liquidity
Current ratio1.4×-0.3×1.4×-0.3×+0.4×2.1×+0.4×1.7×+0.1×
Quick ratio1.4×-0.3×1.4×-0.3×+0.4×2.1×+0.4×1.7×+0.1×
Cash ratio0.8×-0.2×0.8×-0.2×1.4×+0.5×1.4×+0.5×+0.2×
Leverage
Debt-to-equity0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×
Debt-to-assets0.0×0.0×0.0×0.0×0.0×
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%
Enterprise value$60.81B-16.2%$93.5B+41.7%$109.33B+98.0%$93.91B+129%$72.59B+36.6%
Price / earnings70.4×-156×104.4×-462×134.6×128.1×226.5×
Price / sales4.4×-2.4×7.1×+0.6×9.2×+3.4×8.4×+3.8×6.8×+0.7×
Price / book6.4×-2.8×9.7×+0.8×12.2×+4.5×11.2×+5.1×9.2×+1.2×
EV / EBITDA38.4×-51.4×63.6×-49.8×79.6×-101×78.8×-428×89.8×-811×
EV / sales4.1×-2.3×6.8×+0.7×8.7×+3.2×7.9×+3.6×6.5×+0.6×
Free cash flow yield3.3%+0.6pp2.2%-0.7pp2%-1.4pp2%-2.3pp2.7%-0.4pp
Earnings yield1.4%+1.0pp1%+0.8pp0.7%+1.0pp0.8%+1.7pp0.4%+1.2pp
PEG ratio0.4×0.2×

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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.