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DigitalOcean DOCN Asset turnover

Asset turnover at other companies

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MicrosoftMSFT
0.5×0.0×
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AmazonAMZN
-0.2×
Akamai Technologies logo
Akamai TechnologiesAKAM
0.4×0.0×
Snowflake logo
SnowflakeSNOW
0.6×+0.1×
CoreWeave, Inc.
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CoreWeave, Inc. CRWV
0.2×
International Business Machines logo
International Business MachinesIBM
0.5×0.0×

Other financials

Income statement

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Revenue$257.9M+22.4%
Gross profit$144.7M+11.8%
Operating income$36.6M-2.9%
Net income$15.8M-58.7%
EPS (diluted)$0.15-61.5%

Balance sheet

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Cash & equivalents$741.5M+105%
Total debt$1.3B-25.4%
Total equity$887.4M+521%
Total assets$2.6B+56.6%

Cash flow

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Operating cash flow$46.9M-26.8%
CapEx$40.0M-35.5%
Free cash flow$6.9M+226%

Valuation

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Market cap$18.08B+190%
Enterprise value$18.64B+113%
P/E76.4×+18.9×
P/S19.1×+11.3×

Profitability

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Gross margin58.5%-1.8pp
Operating margin16.4%+1.9pp
Net margin25%+11.5pp

Returns & leverage

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Return on equity-8.8%
Debt / equity1.5×
Current ratio1.5×-1.0×

Where this comes from

Calculated from DigitalOcean’s reported figures.

Based on trailing twelve months.

The official record: DigitalOcean’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is DigitalOcean's asset turnover?
DigitalOcean (DOCN) reported asset turnover of 0.5× in Q1 2026.
How has DigitalOcean's asset turnover changed year-over-year?
DigitalOcean's asset turnover decreased by 12.7% year-over-year, from 0.5× to 0.5×.
What is the long-term trend for DigitalOcean's asset turnover?
Over 3 years (2022 to 2025), DigitalOcean's asset turnover has grown at a 13.4% compound annual growth rate (CAGR), from 1.4× to 2.1×.
What does asset turnover mean?
How many sales dollars the company generates from each dollar of assets.
How do you interpret asset turnover?
Higher turnover means a more sales-efficient asset base. Low-margin businesses (retail, distribution) compete on high turnover; high-margin ones (software, luxury) on margin.
How does asset turnover compare across companies?
Compare within an industry — turnover differences across sectors reflect business models, not performance.