DigitalOcean DOCN Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 59.9%+0.2pp | 59.7%+2.3pp | 57.4%-5.9pp | 63.2%+3.0pp | |
| Operating margin | 17.4%+5.8pp | 11.7%+9.9pp | 1.7%+6.2pp | -4.5%-1.8pp | |
| Net margin | 28.8%+17.9pp | 10.8%+8.0pp | 2.8%+7.6pp | -4.8%-0.2pp | |
| Returns | |||||
| Return on invested capital | 12.7%+5.1pp | 7.5%+6.8pp | 0.7%+3.4pp | -2.8%+2.7pp | |
| Efficiency | |||||
| Asset turnover | 0.5×0.0× | 0.5×+0.1× | 0.4×+0.1× | 0.3×0.0× | |
| Liquidity | |||||
| Current ratio | 0.7×-1.8× | 2.5×-0.2× | 2.6×-3.1× | 5.7×-24.7× | |
| Leverage | |||||
| Net debt / EBITDA | 4.9×-0.8× | 5.7×-4.6× | 10.4×-9.0× | 19.4×+22.7× | |
| Per Share | |||||
| Book value per share | -$0.27+87.3% | -$2.15+36.9% | -$3.41-822% | $0.47-92.4% | |
| Valuation | |||||
| Market capitalization | $4.4B+40.0% | $3.14B-2.5% | $3.23B+31.3% | $2.46B-71.4% | |
| Price / earnings | 17×-20.2× | 37.2×-129× | 166.2×— | —— | |
| Price / sales | 4.9×+0.9× | 4×-0.6× | 4.7×+0.4× | 4.3×-15.8× | |
| EV / EBITDA | 19.9×-0.1× | 19.9×-15.3× | 35.2×-16.3× | 51.5×-56.6× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are DigitalOcean's profit margins?
- DigitalOcean (DOCN) runs a 58.5% gross margin and a 16.4% operating margin, with a 25.0% net margin.
- Where do DigitalOcean's ratios come from?
- Every ratio is computed from DigitalOcean'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.
