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DocuSign DOCU Ratios & Valuation

Q1 '27Q4 '26Q3 '26Q2 '26Q1 '26
Profitability
Gross margin79.4%+0.2pp79.4%+0.3pp79.3%+0.2pp79.3%+0.2pp79.2%+0.1pp
Operating margin10.6%+2.8pp9.3%+2.6pp8.6%+3.5pp7.9%+4.1pp7.8%+5.7pp
Net margin9.6%-26.9pp9.6%-26.3pp9.6%-25.2pp9.1%-25.5pp36.5%+32.7pp
Returns
Return on equity16.4%-53.8pp15.8%-52.4pp15.2%-53.3pp14.2%-56.1pp70.2%+58.8pp
Return on invested capital16.2%-2.2pp15.6%-0.5pp15.2%+5.3pp13.9%+6.1pp18.4%+13.0pp
Efficiency
Asset turnover0.8×-0.1×0.8×-0.1×0.8×0.0×0.8×0.0×0.9×0.0×
Liquidity
Current ratio0.7×-0.1×0.7×-0.1×0.7×-0.1×0.7×-0.1×0.8×-0.1×
Leverage
Debt-to-equity0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×0.1×-0.1×
Net debt / EBITDA-0.2×+0.5×-0.4×+0.7×-0.4×+0.9×-0.5×+1.1×-0.7×+1.3×
Per Share
Book value per share$9.26-2.2%$9.17-3.7%$9.52-0.1%$9.42+0.1%$9.47+74.8%
Valuation
Market capitalization$8.94B-46.0%$10.52B-46.2%$14.71B+4.4%$15.28B+34.6%$16.54B+42.7%
Price / earnings28.3×+13.4×34×+15.7×48.7×+34.7×54.4×+42.9×15×-93.2×
Price / sales2.7×-2.7×3.3×-3.3×4.7×-0.2×4.9×+1.0×5.5×+1.3×
Price / book4.9×-3.3×5.5×-4.3×7.4×+0.3×7.7×+1.9×8.2×-2.0×
EV / EBITDA18.9×-27.5×25×-37.4×37.3×-17.2×41.9×-10.9×46.4×-26.1×

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Questions, answered.

What are DocuSign's profit margins?
DocuSign (DOCU) runs a 79.4% gross margin and a 10.6% operating margin, with a 9.6% net margin.
Where do DocuSign's ratios come from?
Every ratio is computed from DocuSign'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.