DocuSign DOCU Ratios & Valuation
| Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 79.4%+0.2pp | 79.4%+0.3pp | 79.3%+0.2pp | 79.3%+0.2pp | 79.2%+0.1pp | |
| Operating margin | 10.6%+2.8pp | 9.3%+2.6pp | 8.6%+3.5pp | 7.9%+4.1pp | 7.8%+5.7pp | |
| Net margin | 9.6%-26.9pp | 9.6%-26.3pp | 9.6%-25.2pp | 9.1%-25.5pp | 36.5%+32.7pp | |
| Returns | ||||||
| Return on equity | 16.4%-53.8pp | 15.8%-52.4pp | 15.2%-53.3pp | 14.2%-56.1pp | 70.2%+58.8pp | |
| Return on invested capital | 16.2%-2.2pp | 15.6%-0.5pp | 15.2%+5.3pp | 13.9%+6.1pp | 18.4%+13.0pp | |
| Efficiency | ||||||
| Asset turnover | 0.8×-0.1× | 0.8×-0.1× | 0.8×0.0× | 0.8×0.0× | 0.9×0.0× | |
| Liquidity | ||||||
| Current ratio | 0.7×-0.1× | 0.7×-0.1× | 0.7×-0.1× | 0.7×-0.1× | 0.8×-0.1× | |
| Leverage | ||||||
| Debt-to-equity | 0.1×0.0× | 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 / earnings | 28.3×+13.4× | 34×+15.7× | 48.7×+34.7× | 54.4×+42.9× | 15×-93.2× | |
| Price / sales | 2.7×-2.7× | 3.3×-3.3× | 4.7×-0.2× | 4.9×+1.0× | 5.5×+1.3× | |
| Price / book | 4.9×-3.3× | 5.5×-4.3× | 7.4×+0.3× | 7.7×+1.9× | 8.2×-2.0× | |
| EV / EBITDA | 18.9×-27.5× | 25×-37.4× | 37.3×-17.2× | 41.9×-10.9× | 46.4×-26.1× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
