DoorDash DASH Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 200.6%+11.0pp | 189.6%+4.8pp | 184.8%-8.8pp | 193.6%-15.3pp | |
| Net margin | 23.2%+32.6pp | -9.4%+45.3pp | -54.7%+2.7pp | -57.4%-8.2pp | |
| EBITDA margin | 38.8%+28.9pp | 9.9%+32.4pp | -22.5%+13.7pp | -36.2%-2.2pp | |
| Free cash flow margin | 68.9%-8.1pp | 77%— | —— | —— | |
| Returns | |||||
| Return on equity | 34.7%+47.7pp | -13%+53.5pp | -66.5%-4.5pp | -62%— | |
| Return on assets | 19.6%+27.9pp | -8.3%+37.3pp | -45.6%-1.3pp | -44.3%— | |
| Return on invested capital | 57.5%+83.4pp | -25.8%+54.7pp | -80.6%+23.8pp | -104.4%— | |
| Efficiency | |||||
| Asset turnover | 3.4×-0.2× | 3.6×+0.2× | 3.3×+0.2× | 3.1×— | |
| Liquidity | |||||
| Current ratio | 7.2×+0.6× | 6.6×-0.2× | 6.8×-2.1× | 8.9×-6.0× | |
| Quick ratio | 7.2×+0.6× | 6.6×-0.2× | 6.8×-2.1× | 8.9×-6.0× | |
| Cash ratio | 4.7×+1.0× | 3.7×+0.4× | 3.2×-1.3× | 4.5×-5.4× | |
| Leverage | |||||
| Debt-to-equity | 0.2×-0.1× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | |
| Debt-to-assets | 0.1×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | |
| Net debt / EBITDA | -18.2×+83.0× | -101.2×— | —— | —— | |
| Per Share | |||||
| Book value per share | $83.92+19.0% | $70.53+5.0% | $67.15-3.5% | $69.60+25.9% | |
| Valuation | |||||
| Market capitalization | $390.66B+71.2% | $228.22B+81.9% | $125.5B+19.1% | $105.39B-53.7% | |
| Enterprise value | $369.33B+71.5% | $215.39B+82.6% | $117.98B+20.6% | $97.83B-54.7% | |
| Price / earnings | 593.7×— | —— | —— | —— | |
| Price / sales | 31.6×+8.6× | 23×+7.2× | 15.8×-2.7× | 18.5×-34.5× | |
| Price / book | 42.3×+11.5× | 30.8×+11.8× | 19.1×+1.0× | 18.1×-31.0× | |
| EV / EBITDA | 311.9×-1,389× | 1,701×— | —— | —— | |
| EV / sales | 29.8×+8.1× | 21.7×+6.9× | 14.8×-2.4× | 17.2×-33.0× | |
| Free cash flow yield | 8.9%-4.8pp | 13.7%— | —— | —— | |
| Earnings yield | 2.9%+4.7pp | -1.8%+12.7pp | -14.5%+1.4pp | -15.8%-12.1pp |
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.
