Skip to content

JFrog Ltd. FROG Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin76.8%-0.3pp77.1%-0.9pp78%+0.2pp77.8%-2.0pp
Operating margin-17.3%+4.0pp-21.3%+0.3pp-21.6%+10.5pp-32.1%+1.0pp
Net margin-13.5%+2.7pp-16.2%+1.3pp-17.5%+14.7pp-32.2%-1.1pp
EBITDA margin-12.7%+3.6pp-16.3%+1.0pp-17.2%+9.6pp-26.8%+2.0pp
Free cash flow margin26.8%+1.6pp25.2%+4.5pp20.6%+14.5pp6.1%
Returns
Return on equity-8.6%+0.9pp-9.5%-0.1pp-9.4%+4.9pp-14.3%-3.5pp
Return on assets-5.8%+0.8pp-6.6%+0.1pp-6.6%+3.8pp-10.5%-2.1pp
Return on invested capital-11.8%+1.7pp-13.5%-1.1pp-12.4%+2.6pp-15%-1.4pp
Efficiency
Asset turnover0.4×0.0×0.4×0.0×0.4×+0.1×0.3×+0.1×
Liquidity
Current ratio2.1×+0.1×-0.4×2.5×-0.1×2.5×-0.3×
Quick ratio2.1×+0.1×-0.4×2.5×-0.1×2.5×-0.3×
Cash ratio0.2×0.0×0.2×-0.2×0.3×+0.1×0.2×-0.2×
Leverage
Debt-to-equity0.0×0.0×0.0×0.0×
Debt-to-assets0.0×0.0×0.0×0.0×
Per Share
Book value per share$7.64+8.3%$7.05+7.3%$6.57+4.4%$6.30-6.6%
Valuation
Market capitalization$7.39B+125%$3.28B-9.6%$3.63B+69.7%$2.14B-25.3%
Enterprise value$7.33B+126%$3.25B-9.0%$3.57B+68.5%$2.12B-25.0%
Price / sales13.9×+6.2×7.7×-2.7×10.4×+2.7×7.6×-6.2×
Price / book8.3×+4.1×4.2×-1.1×5.3×+1.9×3.4×-1.1×
EV / sales13.8×+6.2×7.6×-2.6×10.2×+2.6×7.6×-6.1×
Free cash flow yield1.9%-1.4pp3.3%+1.3pp2%+1.2pp0.8%
Earnings yield-1%+1.1pp-2.1%-0.4pp-1.7%+2.5pp-4.2%-2.0pp

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

Compare these in charts →

Questions, answered.

What are JFrog Ltd.'s profit margins?
JFrog Ltd. (FROG) runs a 77.5% gross margin and a -14.5% operating margin, with a -10.9% net margin.
Where do JFrog Ltd.'s ratios come from?
Every ratio is computed from JFrog Ltd.'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.