Skip to content

Q2 Holdings QTWO Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin54.1%+3.2pp50.9%+2.4pp48.5%+3.1pp45.3%+0.2pp
Operating margin5%+11.1pp-6.1%+7.7pp-13.8%+4.7pp-18.5%-2.9pp
Net margin6.5%+12.1pp-5.6%+4.9pp-10.5%+8.8pp-19.3%+3.3pp
Returns
Return on equity8.8%+16.8pp-8%+7.1pp-15.1%+7.0pp-22%-3.5pp
Return on invested capital6.3%+17.9pp-11.5%+16.6pp-28.1%-3.6pp-24.5%-4.7pp
Efficiency
Asset turnover0.6×+0.1×0.6×+0.1×0.5×+0.1×0.4×+0.1×
Liquidity
Current ratio-0.4×1.4×-0.8×2.2×-0.5×2.8×-0.3×
Leverage
Debt-to-equity0.5×+0.1×0.5×+0.3×0.1×-0.1×0.2×+0.1×
Net debt / EBITDA0.8×+2.9×-2.1×
Per Share
Book value per share$10.16+18.0%$8.61+12.1%$7.69+5.1%$7.31-27.7%
Valuation
Market capitalization$4.51B-25.8%$6.08B+138%$2.55B+65.0%$1.55B-65.8%
Price / earnings86.8×
Price / sales5.7×-3.1×8.7×+4.6×4.1×+1.4×2.7×-6.3×
Price / book6.8×-4.9×11.7×+6.1×5.7×+2.0×3.7×-4.2×
EV / EBITDA49.1×-178×226.9×

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

Compare these in charts →

Questions, answered.

What are Q2 Holdings's profit margins?
Q2 Holdings (QTWO) runs a 55.6% gross margin and a 8.0% operating margin, with a 9.0% net margin.
Where do Q2 Holdings's ratios come from?
Every ratio is computed from Q2 Holdings'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.