Skip to content

Doximity DOCS Ratios & Valuation

FY'26FY'25FY'24FY'23
Profitability
Gross margin89.1%-1.1pp90.2%+0.9pp89.3%+2.1pp87.2%-1.2pp
Operating margin33.3%-6.6pp39.9%+5.5pp34.5%+4.6pp29.9%-3.2pp
Net margin30.4%-8.7pp39.1%+8.1pp31%+4.1pp26.9%-18.1pp
EBITDA margin35.6%-6.2pp41.8%+5.2pp36.6%+4.3pp32.3%-2.2pp
Free cash flow margin50.6%+2.7pp47.9%+9.2pp38.7%-3.8pp42.5%+6.2pp
Returns
Return on equity19.3%-3.2pp22.5%+6.7pp15.8%+3.6pp12.2%-20.5pp
Return on assets16.4%-2.6pp19%+5.7pp13.3%+2.7pp10.6%-14.3pp
Return on invested capital20.7%-6.0pp26.7%+10.8pp15.9%+2.6pp13.3%-16.2pp
Efficiency
Asset turnover0.5×+0.1×0.5×+0.1×0.4×0.0×0.4×-0.2×
Liquidity
Current ratio6.1×-0.9×+0.8×6.2×-0.8×-1.1×
Quick ratio6.1×-0.9×+0.8×6.2×-0.8×-1.1×
Cash ratio1.4×+0.1×1.3×+0.7×0.7×-0.5×1.1×+0.1×
Leverage
Debt-to-equity0.0×0.0×0.0×0.0×
Debt-to-assets0.0×0.0×0.0×0.0×
Net debt / EBITDA-0.9×-0.1×-0.8×-0.4×-0.5×+0.6×-1.1×-0.1×
Per Share
Book value per share$4.78-11.2%$5.38+22.8%$4.38-3.2%$4.53-1.6%
Valuation
Market capitalization$4.3B-60.5%$10.89B+118%$4.99B-16.9%$6B-37.8%
Enterprise value$4.09B-61.7%$10.69B+118%$4.91B-16.3%$5.86B-38.6%
Price / earnings22×-26.8×48.8×+15.0×33.8×-19.4×53.2×-9.2×
Price / sales6.7×-12.4×19.1×+8.6×10.5×-3.8×14.3×-13.8×
Price / book4.5×-5.5×10.1×+4.5×5.5×-0.7×6.2×-4.8×
EV / EBITDA17.9×-27.0×44.8×+16.7×28.2×-15.1×43.3×-37.2×
EV / sales6.3×-12.4×18.7×+8.4×10.3×-3.7×14×-13.8×
Free cash flow yield7.6%+5.1pp2.5%-1.2pp3.7%+0.7pp3%+1.7pp
Earnings yield4.6%+2.5pp2%-0.9pp3%+1.1pp1.9%+0.3pp

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

What are Doximity's profit margins?
Doximity (DOCS) runs a 89.1% gross margin and a 33.3% operating margin, with a 30.4% net margin.
Where do Doximity's ratios come from?
Every ratio is computed from Doximity'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.