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DocuSign DOCU Net debt / EBITDA

Net debt / EBITDA at other companies

Adobe logo
AdobeADBE
0.2×0.0×
Salesforce logo
SalesforceCRM
2.7×+2.6×
Cisco Systems, Inc. logo
Cisco Systems, Inc.CSCO
1.5×0.0×
Oracle logo
OracleORCL
-0.4×-4.0×
HubSpot logo
HubSpotHUBS
-3.3×-1.3×

Other financials

Income statement

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Revenue$830.2M+8.7%
Gross profit$659.0M+8.7%
Operating income$111.3M+84.7%
Net income$78.2M+8.5%
EPS (diluted)$0.40+17.6%

Balance sheet

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Cash & equivalents$281.4M-27.3%
Total debt$183.3M+37.9%
Total equity$1.8B-9.7%
Total assets$4.0B+0.9%

Cash flow

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Operating cash flow$321.7M+27.9%
CapEx$32.3M+36.5%
Free cash flow$289.4M+27.0%

Valuation

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Market cap$8.3B-46.0%
Enterprise value$8.2B-45.7%
P/E26.3×+12.4×
P/S2.5×-2.5×

Profitability

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Gross margin79.4%+0.2pp
Operating margin10.6%+2.8pp
Net margin9.6%-26.9pp
FCF margin34.1%+3.9pp

Returns & leverage

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Return on equity16.4%-53.8pp
Debt / equity0.1×0.0×
Current ratio0.7×-0.1×

Where this comes from

Calculated from DocuSign’s reported figures.

Based on the most recent quarter.

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

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Questions, answered.

What is DocuSign's net debt / EBITDA?
DocuSign (DOCU) reported net debt / EBITDA of -0.2× in Q1 2026.
How has DocuSign's net debt / EBITDA changed year-over-year?
DocuSign's net debt / EBITDA increased by 71.0% year-over-year, from -0.7× to -0.2×.
What is the long-term trend for DocuSign's net debt / EBITDA?
Over 3 years (2022 to 2026), DocuSign's net debt / EBITDA has grown at a -67.2% compound annual growth rate (CAGR), from -11.5× to -0.4×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.