Comprehensive Stock Comparison

Compare Duolingo, Inc. (DUOL) vs Lyft, Inc. (LYFT) Stock

Analyze side-by-side fundamentals, valuation, growth, and profitability to decide which stock is the better buy.

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Quick Verdict

CategoryWinnerWhy
GrowthDUOL38.7% revenue growth vs LYFT's 9.2%
ValueLYFTLower P/E (21.5x vs 23.4x)
Quality / MarginsLYFT45.0% net margin vs DUOL's 39.9%
Stability / SafetyLYFTBeta 1.40 vs DUOL's 1.52
DividendsTieNeither pays a meaningful dividend
Momentum (1Y)LYFT+3.7% vs DUOL's -67.6%
Efficiency (ROA)LYFT31.5% ROA vs DUOL's 20.8%, ROIC -7.1% vs 40.8%
Bottom line: LYFT leads in 5 of 7 categories, making it the stronger pick for investors who prioritize valuation and capital efficiency and profitability and margin quality. Duolingo, Inc. is the better choice for growth and revenue expansion. As direct sector peers, they can serve as alternatives in the same portfolio allocation.

Who Each Stock Is For

Income & stability

Growth exposure

Long-term compounding (10Y)

Sleep-well-at-night portfolio

Defensive / Recession hedge

Business Model

What each company does and how it makes money

DUOLDuolingo, Inc.
Technology

Duolingo operates a freemium language-learning platform that makes acquiring new languages accessible through gamified lessons. It generates revenue primarily through subscription fees for its premium Duolingo Super service — which removes ads and offers additional features — along with advertising and its English proficiency testing product. The company's key advantage is its massive user base and data-driven approach to optimizing engagement, creating network effects that make its platform increasingly effective for learners.

LYFTLyft, Inc.
Technology

Lyft operates a digital ridesharing platform connecting passengers with drivers through a mobile app. It generates revenue primarily from taking a commission — typically 20-25% — on each ride fare, supplemented by subscription fees from its Lyft Pink membership program and enterprise transportation solutions. Its competitive advantage lies in its established two-sided network effect — a large driver base attracts more riders, which in turn attracts more drivers — and its brand recognition in North America.

Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

DUOLDuolingo, Inc.
FY 2025
License and Service
87.6%$873M
Advertising
8.0%$80M
English Test
4.2%$42M
Product And Service, Other Miscellaneous
0.2%$2M
LYFTLyft, Inc.

Segment breakdown not available.

Financial Metrics Comparison

Side-by-side fundamentals across 2 stocks. BestLagging

Financial Scorecard

LYFT 3DUOL 2
Financial MetricsDUOL4/5 metrics
Valuation MetricsLYFT5/5 metrics
Profitability & EfficiencyDUOL5/8 metrics
Total ReturnsLYFT4/6 metrics
Risk & VolatilityLYFT2/2 metrics
Analyst Outlook0/0 metrics

LYFT leads in 3 of 6 categories (Valuation Metrics, Total Returns). DUOL leads in 2 (Financial Metrics, Profitability & Efficiency).

Financial Metrics (TTM)

LYFT is the larger business by revenue, generating $6.3B annually — 6.1x DUOL's $1.0B. LYFT is the more profitable business, keeping 45.0% of every revenue dollar as net income compared to DUOL's 39.9%. On growth, DUOL holds the edge at +35.0% YoY revenue growth, suggesting stronger near-term business momentum.

MetricDUOLDuolingo, Inc.LYFTLyft, Inc.
RevenueTrailing 12 months$1.0B$6.3B
EBITDAEarnings before interest/tax$146M-$57M
Net IncomeAfter-tax profit$414M$2.8B
Free Cash FlowCash after capex$377M$1.1B
Gross MarginGross profit ÷ Revenue+72.2%+41.5%
Operating MarginEBIT ÷ Revenue+13.1%-3.0%
Net MarginNet income ÷ Revenue+39.9%+45.0%
FCF MarginFCF ÷ Revenue+36.3%+18.2%
Rev. Growth (YoY)Latest quarter vs prior year+35.0%+2.7%
EPS Growth (YoY)Latest quarter vs prior year-100.0%-100.0%
DUOL leads this category, winning 4 of 5 comparable metrics.

Valuation Metrics

At 2.0x trailing earnings, LYFT trades at a 85% valuation discount to DUOL's 13.3x P/E.

MetricDUOLDuolingo, Inc.LYFTLyft, Inc.
Market CapShares × price$4.7B$5.5B
Enterprise ValueMkt cap + debt − cash$3.8B$5.1B
Trailing P/EPrice ÷ TTM EPS13.32x2.03x
Forward P/EPrice ÷ next-FY EPS est.23.41x21.45x
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple27.79x
Price / SalesMarket cap ÷ Revenue4.54x0.88x
Price / BookPrice ÷ Book value/share3.50x1.77x
Price / FCFMarket cap ÷ FCF12.14x4.97x
LYFT leads this category, winning 5 of 5 comparable metrics.

Profitability & Efficiency

LYFT delivers a 86.9% return on equity — every $100 of shareholder capital generates $87 in annual profit, vs $31 for DUOL. DUOL carries lower financial leverage with a 0.07x debt-to-equity ratio, signaling a more conservative balance sheet compared to LYFT's 0.41x. On the Piotroski fundamental quality scale (0–9), DUOL scores 5/9 vs LYFT's 4/9, reflecting solid financial health.

MetricDUOLDuolingo, Inc.LYFTLyft, Inc.
ROE (TTM)Return on equity+30.7%+86.9%
ROA (TTM)Return on assets+20.8%+31.5%
ROICReturn on invested capital+40.8%-7.1%
ROCEReturn on capital employed+8.0%-6.2%
Piotroski ScoreFundamental quality 0–954
Debt / EquityFinancial leverage0.07x0.41x
Net DebtTotal debt minus cash-$943M-$1.6B
Cash & Equiv.Liquid assets$1.0B$1.8B
Total DebtShort + long-term debt$94M$1.4B
Interest CoverageEBIT ÷ Interest expense80.43x
DUOL leads this category, winning 5 of 8 comparable metrics.

Total Returns (with DRIP)

A $10,000 investment in DUOL five years ago would be worth $7,266 today (with dividends reinvested), compared to $2,414 for LYFT. Over the past 12 months, LYFT leads with a +3.7% total return vs DUOL's -67.6%. The 3-year compound annual growth rate (CAGR) favors LYFT at 11.4% vs DUOL's 3.6% — a key indicator of consistent wealth creation.

MetricDUOLDuolingo, Inc.LYFTLyft, Inc.
YTD ReturnYear-to-date-42.8%-30.1%
1-Year ReturnPast 12 months-67.6%+3.7%
3-Year ReturnCumulative with dividends+11.2%+38.4%
5-Year ReturnCumulative with dividends-27.3%-75.9%
10-Year ReturnCumulative with dividends-27.3%-82.3%
CAGR (3Y)Annualised 3-year return+3.6%+11.4%
LYFT leads this category, winning 4 of 6 comparable metrics.

Risk & Volatility

LYFT is the less volatile stock with a 1.40 beta — it tends to amplify market swings less than DUOL's 1.52 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. LYFT currently trades 54.2% from its 52-week high vs DUOL's 18.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricDUOLDuolingo, Inc.LYFTLyft, Inc.
Beta (5Y)Sensitivity to S&P 5001.52x1.40x
52-Week HighHighest price in past year$544.93$25.54
52-Week LowLowest price in past year$91.99$9.66
% of 52W HighCurrent price vs 52-week peak+18.5%+54.2%
RSI (14)Momentum oscillator 0–10040.838.8
Avg Volume (50D)Average daily shares traded1.9M12.9M
LYFT leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

Wall Street rates DUOL as "Hold" and LYFT as "Hold". Consensus price targets imply 132.7% upside for DUOL (target: $235) vs 43.4% for LYFT (target: $20).

MetricDUOLDuolingo, Inc.LYFTLyft, Inc.
Analyst RatingConsensus buy/hold/sellHoldHold
Price TargetConsensus 12-month target$235.00$19.85
# AnalystsCovering analysts2159
Dividend YieldAnnual dividend ÷ price
Dividend StreakConsecutive years of raises
Dividend / ShareAnnual DPS
Buyback YieldShare repurchases ÷ mkt cap0.0%+9.0%
Insufficient data to determine a leader in this category.

Historical Charts

Charts are rendered on first load. Hover for details.

Chart 1Total Return — 5 Years (Rebased to 100)

StockJul 21Feb 26Change
Duolingo, Inc. (DUOL)10094.91-5.1%
Lyft, Inc. (LYFT)10030.82-69.2%

Duolingo, Inc. (DUOL) returned -27% over 5 years vs Lyft, Inc. (LYFT)'s -76%.

Chart 2Revenue Growth — 10 Years

Stock20162025Change
Duolingo, Inc. (DUOL)$71M$1.0B+1366.3%
Lyft, Inc. (LYFT)$343M$6.3B+1739.9%

Lyft, Inc.'s revenue grew from $343M (2016) to $6.3B (2025) — a 38.2% CAGR.

Chart 3Net Margin Trend — 10 Years

Stock20162025Change
Duolingo, Inc. (DUOL)-19.2%39.9%+308.3%
Lyft, Inc. (LYFT)-198.9%45.0%+122.6%

Lyft, Inc.'s net margin went from -199% (2016) to 45% (2025).

Chart 4EPS Growth — 10 Years

Stock20162025Change
Duolingo, Inc. (DUOL)-0.417.58+1948.8%
Lyft, Inc. (LYFT)-2.876.81+337.3%

Lyft, Inc.'s EPS grew from $-2.87 (2016) to $6.81 (2025).

Chart 5Free Cash Flow — 5 Years

2021
$3M
$-181M
2022
$44M
$-352M
2023
$140M
$-248M
2024
$273M
$766M
2025
$388M
$1B
Duolingo, Inc. (DUOL)Lyft, Inc. (LYFT)

Duolingo, Inc. generated $388M FCF in 2025 (+12984% vs 2021). Lyft, Inc. generated $1B FCF in 2025 (+717% vs 2021).

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DUOL vs LYFT: Frequently Asked Questions

9 questions · data-driven answers · updated daily

01

Is DUOL or LYFT a better buy right now?

Lyft, Inc. (LYFT) offers the better valuation at 2.0x trailing P/E (21.5x forward), making it the more compelling value choice. Analysts rate Duolingo, Inc. (DUOL) a "Hold" — based on 21 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which has the better valuation — DUOL or LYFT?

On trailing P/E, Lyft, Inc. (LYFT) is the cheapest at 2.0x versus Duolingo, Inc. at 13.3x. On forward P/E, Lyft, Inc. is actually cheaper at 21.5x.

03

Which is the better long-term investment — DUOL or LYFT?

Over the past 5 years, Duolingo, Inc. (DUOL) delivered a total return of -27.3%, compared to -75.9% for Lyft, Inc. (LYFT). A $10,000 investment in DUOL five years ago would be worth approximately $7K today (assuming dividends reinvested). Over 10 years, the gap is even starker: DUOL returned -27.3% versus LYFT's -82.3%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — DUOL or LYFT?

By beta (market sensitivity over 5 years), Lyft, Inc. (LYFT) is the lower-risk stock at 1.40β versus Duolingo, Inc.'s 1.52β — meaning DUOL is approximately 8% more volatile than LYFT relative to the S&P 500. On balance sheet safety, Duolingo, Inc. (DUOL) carries a lower debt/equity ratio of 7% versus 41% for Lyft, Inc. — giving it more financial flexibility in a downturn.

05

Which has better profit margins — DUOL or LYFT?

Lyft, Inc. (LYFT) is the more profitable company, earning 45.0% net margin versus 39.9% for Duolingo, Inc. — meaning it keeps 45.0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: DUOL leads at 13.1% versus -3.0% for LYFT. At the gross margin level — before operating expenses — DUOL leads at 72.2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

06

Is DUOL or LYFT more undervalued right now?

On forward earnings alone, Lyft, Inc. (LYFT) trades at 21.5x forward P/E versus 23.4x for Duolingo, Inc. — 2.0x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for DUOL: 132.7% to $235.00.

07

Which pays a better dividend — DUOL or LYFT?

None of the stocks in this comparison currently pay a material dividend. All are effectively zero-yield and should be held for capital appreciation rather than income.

08

Is DUOL or LYFT better for a retirement portfolio?

For long-horizon retirement investors, Lyft, Inc. (LYFT) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding. Duolingo, Inc. (DUOL) carries a higher beta of 1.52 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (LYFT: -82.3%, DUOL: -27.3%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

09

What are the main differences between DUOL and LYFT?

Both stocks operate in the Technology sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

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DUOL

High-Growth Quality Leader

  • Sector: Technology
  • Market Cap > $100B
  • Revenue Growth > 17%
  • Net Margin > 23%
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LYFT

Quality Mega-Cap Compounder

  • Sector: Technology
  • Market Cap > $100B
  • Net Margin > 27%
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Better Than Both

Find stocks that beat DUOL and LYFT on the metrics you choose

Revenue Growth>
%
(DUOL: 35.0% · LYFT: 2.7%)
Net Margin>
%
(DUOL: 39.9% · LYFT: 45.0%)
P/E Ratio<
x
(DUOL: 13.3x · LYFT: 2.0x)