Braze, Inc. (BRZE) Financial Ratios
7 years of historical data (2020–2026) · Technology · Software - Application
EV/EBITDA
N/A
—
5yr avg: N/A
P/FCF
↓
36.25
↓-69% vs avg
5yr avg: 118.36
30Y Low36.3·High36.3
P/B Ratio
↓
3.79
↓-54% vs avg
5yr avg: 8.28
30Y Low3.6·High11.9
ROE
↑
-23.9%
↓+17% vs avg
5yr avg: -28.9%
30Y Low-39%·High-23%
Debt/EBITDA
N/A
—
5yr avg: N/A
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
BRZE Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Braze, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 36.2x P/FCF, 69% below the 5-year average of 118.4x.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.2B | $2.2B | $4.7B | $5.3B | $3.0B | $4.7B | — | — |
| Enterprise Value | $2.2B | $2.2B | $4.7B | $5.3B | $3.0B | $4.2B | — | — |
| P/E Ratio → | -17.98 | — | — | — | — | — | — | — |
| P/S Ratio | 3.04 | 3.04 | 7.92 | 11.24 | 8.51 | 19.54 | — | — |
| P/B Ratio | 3.79 | 3.60 | 9.90 | 11.93 | 6.77 | 9.21 | — | — |
| P/FCF | 36.25 | 36.32 | 200.40 | — | — | — | — | — |
| P/OCF | 31.38 | 31.45 | 128.10 | 774.03 | — | — | — | — |
P/E links to full P/E history page with 30-year chart
BRZE EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.99 | 7.93 | 11.29 | 8.47 | 17.52 | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — |
| EV / FCF | — | 35.65 | 200.59 | — | — | — | — | — |
BRZE Profitability
Margins and return-on-capital ratios measuring operating efficiency
Braze, Inc. earns an operating margin of -19.6%. Operating margins have expanded from -30.7% to -19.6% over the past 3 years, signaling improving operational efficiency. A negative ROE of -23.9% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 67.1% | 67.1% | 69.1% | 68.7% | 67.4% | 67.0% | 63.7% | 63.0% |
| Operating Margin | -19.6% | -19.6% | -20.6% | -30.7% | -41.7% | -32.9% | -21.4% | -34.8% |
| Net Profit Margin | -17.8% | -17.8% | -17.5% | -27.4% | -39.6% | -32.8% | -21.3% | -33.0% |
Return on Capital
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| ROE | -23.9% | -23.9% | -22.6% | -29.0% | -29.6% | -39.2% | — | — |
| ROA | -13.2% | -13.2% | -12.3% | -17.0% | -20.5% | -18.7% | -19.7% | -20.8% |
| ROIC | -20.5% | -20.5% | -19.4% | -24.2% | -48.8% | -226.6% | — | — |
| ROCE | -23.4% | -23.4% | -22.9% | -28.7% | -29.8% | -27.1% | -40.4% | -37.8% |
BRZE Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $124M exceeds total debt of $83M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.13 | 0.13 | 0.18 | 0.20 | 0.11 | — | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.07 | 0.01 | 0.05 | -0.04 | -0.95 | — | — |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — |
| Debt / FCF | — | -0.67 | 0.19 | — | — | — | — | — |
| Interest Coverage | — | — | — | — | — | -211.95 | -93.19 | — |
Net cash position: cash ($124M) exceeds total debt ($83M)
BRZE Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.35x means Braze, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 2.08x to 1.35x over the past 3 years.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.35 | 1.35 | 1.98 | 2.08 | 2.68 | 3.80 | 1.32 | 1.98 |
| Quick Ratio | 1.35 | 1.35 | 1.98 | 2.08 | 2.68 | 3.65 | 1.32 | 1.98 |
| Cash Ratio | 0.98 | 0.98 | 1.58 | 1.64 | 2.20 | 3.21 | 0.86 | 1.43 |
| Asset Turnover | — | 0.66 | 0.68 | 0.58 | 0.50 | 0.36 | 0.88 | 0.63 |
| Inventory Turnover | — | — | — | — | — | 3.15 | — | — |
| Days Sales Outstanding | — | 60.50 | 62.72 | 75.27 | 80.45 | 98.91 | 84.50 | 88.14 |
BRZE Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Braze, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — |
| FCF Yield | 2.8% | 2.8% | 0.5% | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Shares Outstanding | — | $108M | $102M | $98M | $95M | $93M | $92M | $17M |
Peer Comparison
Compare BRZE with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 BRZEYou | $2B | -18.0 | — | 36.2 | 67.1% | -19.6% | -23.9% | -20.5% | — |
 SPSC | $2B | 22.7 | 11.0 | 13.7 | 64.2% | 15.7% | 10.2% | 12.2% | 0.1 |
 MANH | $8B | 38.3 | 27.5 | 21.8 | 55.7% | 26.1% | 71.7% | 236.8% | 0.4 |
 HUBS | $12B | 273.4 | 66.6 | 17.1 | 83.8% | 0.4% | 2.3% | 0.4% | 2.8 |
 TWLO | $29B | 911.4 | 75.0 | 28.1 | 48.0% | 3.4% | 0.4% | 1.6% | 2.8 |
 MKTW | $41M | 7.3 | -0.4 | 0.9 | 86.4% | 19.2% | — | — | 0.1 |
 CRM | $174B | 23.2 | 19.5 | 12.1 | 77.7% | 21.5% | 12.4% | 10.9% | 0.8 |
 ADBE | $103B | 15.0 | 11.0 | 10.5 | 88.6% | 36.6% | 55.4% | 51.4% | 0.7 |
 ORCL | $558B | 44.7 | 27.3 | — | 70.5% | 30.8% | 82.4% | 12.8% | 4.4 |
 MSTR | $52B | -12.3 | — | — | 68.7% | -1140.8% | -11.6% | -9.9% | — |
 AMZN | $3.0T | 38.3 | 20.7 | 384.3 | 50.3% | 11.2% | 22.3% | 14.7% | 1.0 |
| Technology Median | — | 27.5 | 17.4 | 19.8 | 48.6% | -0.5% | 2.4% | 2.9% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 7 years · Updated daily
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Start ComparisonBRZE — Frequently Asked Questions
Quick answers to the most common questions about buying BRZE stock.
What is Braze, Inc.'s P/E ratio?
Braze, Inc.'s current P/E ratio is -18.0x. This places it at the 50th percentile of its historical range.
What is Braze, Inc.'s ROE?
Braze, Inc.'s return on equity (ROE) is -23.9%. The historical average is -28.9%.
Is BRZE stock overvalued?
Based on historical data, Braze, Inc. is trading at a P/E of -18.0x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Braze, Inc.'s profit margins?
Braze, Inc. has 67.1% gross margin and -19.6% operating margin.