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DoorDash DASH Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin202.3%+10.2pp200.6%+11.0pp198%+9.8pp195.2%+8.3pp192%+6.1pp
Net margin26.5%+28.3pp23.2%+32.6pp17.6%+34.6pp9%+37.2pp-1.8%+38.6pp
EBITDA margin42.3%+25.9pp38.8%+28.9pp33.5%+29.8pp25.6%+29.5pp16.5%+28.7pp
Free cash flow margin65.3%-11.0pp68.9%-8.1pp72%-4.0pp73.5%76.3%
Returns
Return on equity40.3%+42.6pp34.7%+47.7pp25.9%+48.8pp13.4%+49.4pp-2.3%+46.0pp
Return on assets22.4%+24.0pp19.6%+27.9pp14.9%+29.6pp7.6%+31.5pp-1.6%+31.4pp
Return on invested capital66.8%+77.3pp57.5%+83.4pp43.6%+81.8pp16.9%+67.5pp-10.6%+51.0pp
Efficiency
Asset turnover3.4×-0.2×3.4×-0.2×3.5×0.0×3.5×+0.1×3.6×+0.3×
Liquidity
Current ratio6.9×+0.3×7.2×+0.6×7.5×+0.9×7.1×+0.5×6.7×0.0×
Quick ratio6.9×+0.3×7.2×+0.6×7.5×+0.9×7.1×+0.5×6.7×0.0×
Cash ratio4.5×+0.6×4.7×+1.0×4.8×+1.3×4.4×+1.0×3.8×+0.6×
Leverage
Debt-to-equity0.2×0.0×0.2×-0.1×0.2×-0.1×0.3×0.0×0.3×0.0×
Debt-to-assets0.1×-0.1×0.1×0.0×0.1×0.0×0.2×0.0×0.2×0.0×
Net debt / EBITDA-15.8×+44.8×-18.2×+83.0×-21.7×-27.7×-60.6×
Per Share
Book value per share$87.72+20.9%$83.92+19.0%$79.24+13.7%$75.44+9.8%$72.53+7.1%
Valuation
Market capitalization$379.11B+52.2%$390.66B+71.2%$362.73B+83.2%$305.13B+78.8%$249.16B+59.1%
Enterprise value$357.54B+52.3%$369.33B+71.5%$341.83B+83.2%$287.72B+79.0%$234.84B+58.6%
Price / earnings437.6×593.7×1,055.8×
Price / sales29.2×+5.5×31.6×+8.6×30.9×+9.9×27.5×+8.4×23.7×+5.2×
Price / book39.6×+7.6×42.3×+11.5×41.5×+13.9×37×+12.3×32×+8.7×
EV / EBITDA260.5×-630×311.9×-1,389×361.7×462.6×890.2×
EV / sales27.5×+5.2×29.8×+8.1×29.2×+9.3×25.9×+7.9×22.3×+4.9×
Free cash flow yield9.5%-3.8pp8.9%-4.8pp9.5%-5.1pp11%13.2%
Earnings yield3.9%+4.5pp2.9%+4.7pp2.1%+5.5pp1.1%+7.5pp-0.6%+9.1pp

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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.