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Doximity DOCS Asset turnover

Asset turnover at other companies

Microsoft logo
MicrosoftMSFT
0.5×0.0×
Veeva Systems logo
Veeva SystemsVEEV
0.4×0.0×
Solventum logo
SolventumSOLV
0.6×0.0×
BrightSpring Health Services, Inc. logo
BrightSpring Health Services, Inc.BTSG
2.3×+0.4×
Cardinal Health logo
Cardinal HealthCAH
4.7×+0.1×
Cencora logo
CencoraCOR
4.3×-0.3×

Other financials

Income statement

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Revenue$145.4M+5.1%
Gross profit$126.0M+1.7%
Operating income$24.8M-49.0%
Net income$19.1M-69.4%
EPS (diluted)$0.10-67.7%

Balance sheet

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Cash & equivalents$219.2M+4.6%
Total debt$10.2M-17.8%
Total equity$950.8M-12.2%
Total assets$1.1B-11.1%

Cash flow

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Operating cash flow$109.5M+11.2%
CapEx-
Free cash flow$81.6M-17.1%

Valuation

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Market cap$3.75B-60.5%

Profitability

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Gross margin89.1%-1.1pp
Operating margin33.3%-6.6pp
Net margin30.4%-8.7pp
FCF margin50.6%+2.7pp

Returns & leverage

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Return on equity19.3%-3.2pp
Debt / equity0.0×
Current ratio6.1×-0.9×

Where this comes from

Calculated from Doximity’s reported figures.

Based on trailing twelve months.

The official record: Doximity’s 10-K, filed May 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Doximity's asset turnover?
Doximity (DOCS) reported asset turnover of 0.5× in Q1 2026.
How has Doximity's asset turnover changed year-over-year?
Doximity's asset turnover increased by 10.9% year-over-year, from 0.5× to 0.5×.
What is the long-term trend for Doximity's asset turnover?
Over 4 years (2022 to 2026), Doximity's asset turnover has grown at a -0.6% compound annual growth rate (CAGR), from 0.6× to 0.5×.
What does asset turnover mean?
Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.