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HubSpot HUBS Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin83.8%-1.3pp85%+0.6pp84.4%+2.2pp82.2%+2.1pp
Operating margin0.2%+2.8pp-2.6%+6.7pp-9.3%-3.3pp-5.9%-1.7pp
Net margin1.5%+1.3pp0.2%+7.8pp-7.6%-1.4pp-6.2%-0.2pp
Returns
Return on equity2.3%+2.0pp0.3%+14.4pp-14.1%-2.6pp-11.5%-2.0pp
Return on invested capital0.3%+2.6pp-2.3%+15.2pp-17.5%-6.2pp-11.3%-4.0pp
Efficiency
Asset turnover0.8×+0.1×0.8×0.0×0.8×0.0×0.7×+0.1×
Liquidity
Current ratio1.7×0.0×1.7×-0.3×-0.3×2.3×0.0×
Leverage
Debt-to-equity0.1×0.0×0.2×-0.1×0.2×-0.1×0.4×0.0×
Net debt / EBITDA-4.3×+3.4×-7.7×
Per Share
Book value per share$38.84+5.5%$36.83+37.7%$26.75+29.3%$20.69+11.4%
Valuation
Market capitalization$21.02B-41.6%$35.97B+23.1%$29.23B+108%$14.04B-54.9%
Price / earnings457.9×-7,314×7,772.2×
Price / sales6.7×-7.0×13.7×+0.2×13.5×+5.4×8.1×-15.8×
Price / book10.2×-8.7×18.8×-3.1×21.9×+7.8×14.1×-21.6×
EV / EBITDA142×-1,081×1,222.9×

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Questions, answered.

What are HubSpot's profit margins?
HubSpot (HUBS) runs a 83.7% gross margin and a 1.9% operating margin, with a 3.0% net margin.
Where do HubSpot's ratios come from?
Every ratio is computed from HubSpot'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.