Latest Ratios: P/E Ratio 58.6x · EV/EBITDA 14.9x · ROE 3.8%. (2020–2026 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.3B | $1.6B | $2.4B | $3.6B | $2.6B | $2.9B | — | — |
| Enterprise Value | $1.2B | $1.5B | $2.4B | $3.5B | $2.4B | $2.6B | — | — |
| P/E Ratio → | 58.56 | 71.85 | 20.25 | 69.33 | — | — | — | — |
| P/S Ratio | 1.50 | 1.92 | 3.07 | 4.89 | 4.17 | 5.86 | — | — |
| P/B Ratio | 2.26 | 2.78 | 4.00 | 5.27 | 4.70 | 5.59 | — | — |
| P/FCF | 8.13 | 10.43 | 34.10 | 70.06 | 252.64 | — | — | — |
| P/OCF | 8.06 | 10.34 | 31.55 | 50.14 | 96.76 | — | — | — |
P/E links to full P/E history page with 30-year chart
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 | — | 1.78 | 2.95 | 4.71 | 3.90 | 5.21 | — | — |
| EV / EBITDA | 14.93 | 19.57 | 78.16 | 86.08 | — | — | — | — |
| EV / EBIT | 19.75 | 25.88 | 87.85 | 90.27 | — | — | — | — |
| EV / FCF | — | 9.69 | 32.76 | 67.50 | 235.83 | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
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 | 67.4% | 67.4% | 72.2% | 75.5% | 73.5% | 70.0% | 68.4% | 62.0% |
| Operating Margin | 6.9% | 6.9% | 3.0% | 4.6% | -8.3% | -20.2% | -6.6% | -11.0% |
| Net Profit Margin | 2.7% | 2.7% | 15.3% | 7.0% | -9.0% | -22.6% | -10.6% | -12.3% |
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| ROE | 3.8% | 3.8% | 18.8% | 8.4% | -10.5% | -31.9% | -51.4% | — |
| ROA | 1.9% | 1.9% | 10.1% | 4.6% | -5.7% | -14.8% | -9.6% | -14.8% |
| ROIC | 8.9% | 8.9% | 3.4% | 5.5% | -13.4% | -38.5% | -23.9% | — |
| ROCE | 9.0% | 9.0% | 3.5% | 5.3% | -9.3% | -24.4% | -17.3% | -319.5% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.08 | 0.08 | 0.08 | 0.05 | 0.03 | — | 0.43 | — |
| Debt / EBITDA | 0.60 | 0.60 | 1.62 | 0.83 | — | — | — | — |
| Net Debt / Equity | — | -0.20 | -0.16 | -0.19 | -0.31 | -0.62 | 0.06 | — |
| Net Debt / EBITDA | -1.49 | -1.49 | -3.21 | -3.26 | — | — | — | — |
| Debt / FCF | — | -0.74 | -1.35 | -2.56 | -16.81 | — | 13.07 | -0.76 |
| Interest Coverage | — | — | — | — | — | — | — | — |
Net cash position: cash ($163M) exceeds total debt ($47M)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.60 | 1.60 | 1.65 | 1.97 | 1.88 | 2.07 | 1.63 | 0.72 |
| Quick Ratio | 1.60 | 1.60 | 1.65 | 1.97 | 1.88 | 2.07 | 1.43 | 0.58 |
| Cash Ratio | 0.91 | 0.91 | 0.93 | 1.30 | 1.26 | 1.37 | 0.93 | 0.04 |
| Asset Turnover | — | 0.71 | 0.67 | 0.60 | 0.60 | 0.54 | 0.66 | 1.21 |
| Inventory Turnover | — | — | — | — | — | — | 1.96 | 3.41 |
| Days Sales Outstanding | — | 118.41 | 134.44 | 137.36 | 125.26 | 123.68 | 110.47 | 125.17 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
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 | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.7% | 1.4% | 4.9% | 1.4% | — | — | — | — |
| FCF Yield | 12.3% | 9.6% | 2.9% | 1.4% | 0.4% | — | — | — |
| Buyback Yield | 11.9% | 9.3% | 11.2% | 0.7% | 0.4% | 0.0% | — | — |
| Total Shareholder Yield | 11.9% | 9.3% | 11.2% | 0.7% | 0.4% | 0.0% | — | — |
| Shares Outstanding | — | $258M | $275M | $287M | $260M | $256M | $250M | $250M |
Includes 30+ ratios · 7 years · Updated daily
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10-year return with dividends reinvested.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying CXM stock.
Sprinklr, Inc.'s current P/E ratio is 58.6x. The historical average is 53.8x. This places it at the 33th percentile of its historical range.
Sprinklr, Inc.'s current EV/EBITDA is 14.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 61.3x.
Sprinklr, Inc.'s return on equity (ROE) is 3.8%. The historical average is -10.5%.
Based on historical data, Sprinklr, Inc. is trading at a P/E of 58.6x. This is at the 33th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Sprinklr, Inc. has 67.4% gross margin and 6.9% operating margin.
Sprinklr, Inc.'s Debt/EBITDA ratio is 0.6x, indicating low leverage. A ratio below 2x is generally considered financially healthy.
Key Metrics
Top Statement Risk
Growth deceleration amid margin pressure
Metrics are mathematically derived from official filings.
Valuation Reflects Mature Growth Profile
Sprinklr's forward P/E of 13.03 and EV/EBITDA of 8.47 suggest the market is pricing it as a mature, low-growth software provider rather than a high-growth SaaS disruptor, a discount that appears justified given the 7.6% YoY revenue growth.
The significant discount between the trailing P/E of 66.55 and the forward P/E of 13.03 indicates the market expects a sharp earnings inflection, likely from the recent pivot to GAAP profitability. However, the P/S ratio of 1.70 is low for a software company, implying skepticism about the durability of its revenue streams or the sustainability of its gross margins, which have contracted by nearly 900 basis points over two years.
Gross Margin Erosion Undermines Operating Leverage
Gross margins have declined from 73.9% in 2025Q1 to 65.1% in 2027Q2, a trend that appears to be compressing operating margins and preventing the company from achieving meaningful profitability despite its scale.
The 65.1% gross margin is now well below the 80%+ benchmark for many SaaS peers, suggesting significant underlying costs in data ingestion and platform complexity that are not being offset by pricing power. This structural margin pressure, combined with SG&A expenses consistently consuming ~50% of revenue, indicates the business model may require a fundamental shift in cost structure to generate sustainable free cash flow.
Minimal Returns on Invested Capital
Sprinklr's ROIC has remained below 3% for the past ten quarters, indicating the company is not generating meaningful returns on the capital invested in its platform, a trend that warrants investigation into capital allocation efficiency.
The persistently low ROIC, which peaked at just 2.5% in 2026Q4, suggests that the significant investments in R&D and sales infrastructure are not translating into proportionate earnings power. This pattern is atypical for a software company at this scale and may indicate that the capital is being deployed into low-return activities or that the competitive environment is preventing the monetization of the platform's capabilities.
Working Capital Swings Mask Operational Reality
The cash conversion cycle is highly volatile, with Days Sales Outstanding (DSO) ranging from 74 to 108 days over the past ten quarters, indicating unpredictable cash collection patterns that obscure the true operational efficiency of the business.
The erratic DSO trend, combined with the absence of inventory data, suggests that Sprinklr's cash flow is heavily influenced by the timing of large enterprise contract payments rather than consistent operational performance. This volatility makes it difficult to assess the underlying efficiency of the business and contributes to the unpredictable free cash flow profile noted in prior analysis.
Fortress Balance Sheet Provides Strategic Optionality
With a debt-to-equity ratio of just 0.08 and a cash position of $231.4M against total debt of $41.4M, Sprinklr maintains a net cash position that insulates it from refinancing risk and provides significant strategic flexibility.
The minimal leverage, evidenced by the 0.08 D/E ratio, is a clear strength that contrasts sharply with the company's operational challenges. This financial cushion appears to be enabling the recent share repurchase program, which deployed $125M in 2027Q1, and suggests management is prioritizing shareholder returns over aggressive organic investment during this period of slower growth.
The Misleading Nature of the P/E Multiple
The trailing P/E of 66.55 is the most commonly misapplied ratio for Sprinklr, as it is distorted by a single quarter of abnormally high net income in 2025Q4 and does not reflect the company's underlying earnings power.
The 2025Q4 net margin of 48.7% was a clear outlier, likely driven by a one-time tax benefit or non-recurring item, and is not representative of the company's sustainable profitability. Investors should instead focus on the forward P/E of 13.03 or the P/FCF ratio of 9.24, which better reflect the market's expectation for normalized earnings and the company's actual cash generation profile.