Last 23 quarters of trend data · Communication Services · Internet Content & Information
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
DoorDash, Inc.'s quarterly P/E stands at 123.6x, up 31.7% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 19.0% YoY to 70.3x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 82.85 | 123.63 | 94.81 | 103.85 | 128.80 | 93.90 | — | — | — | — | — | — | — |
| — | +31.7% | — | — | — | — | — | — | — | — | — | — | — | |
| P/S Ratio | 5.54 | 8.72 | 8.23 | 6.56 | 6.09 | 5.64 | 4.24 | 5.56 | 4.29 | 3.61 | 3.48 | 3.05 | 2.60 |
| — | +54.5% | +93.8% | +18.2% | +42.0% | +56.3% | +21.9% | +82.2% | +64.9% | +29.1% | -4.1% | -56.6% | -73.6% | |
| P/B Ratio | 7.72 | 12.64 | 12.10 | 9.48 | 8.96 | 8.06 | 6.23 | 7.97 | 5.80 | 4.76 | 4.64 | 3.80 | 2.79 |
| — | +56.8% | +94.4% | +19.0% | +54.5% | +69.4% | +34.3% | +109.7% | +107.5% | +71.1% | +47.1% | -56.8% | -74.6% | |
| P/FCF | 34.98 | 41.55 | 76.10 | 40.29 | 41.64 | 34.39 | 24.75 | 28.67 | 24.81 | 24.11 | 23.88 | 19.63 | — |
| — | +20.8% | +207.5% | +40.5% | +67.9% | +42.6% | +3.6% | +46.0% | — | -49.8% | -64.8% | — | — | |
| EV / EBITDA | 50.99 | 70.34 | 83.39 | 61.59 | 64.42 | 59.13 | — | 164.40 | 227.78 | 367.47 | — | — | — |
| — | +19.0% | — | -62.5% | -71.7% | -83.9% | — | — | — | — | — | — | — | |
| EV / EBIT | 103.67 | 121.12 | 164.73 | 121.21 | 142.05 | 93.47 | — | — | — | — | — | — | — |
| — | +29.6% | — | — | — | — | — | — | — | — | — | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
DoorDash, Inc.'s operating margin was 7.5% in Q3 2025, up 2.5 pp QoQ and up 3.5 pp YoY. The trailing four-quarter average of 5.4% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 3.7% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 50.9% | 51.0% | 50.8% | 50.5% | 49.4% | 49.2% | 47.3% | 47.1% | 46.6% | 46.6% | 46.8% | 47.5% | 44.2% |
| — | +3.7% | +7.3% | +7.3% | +6.0% | +5.7% | +1.2% | -0.8% | +5.5% | +2.9% | +3.3% | -0.3% | -13.5% | |
| Operating Margin | 5.3% | 7.5% | 5.0% | 5.1% | 4.1% | 4.0% | -7.6% | -2.4% | -3.9% | -5.0% | -9.9% | -8.4% | -20.4% |
| — | +89.3% | +164.9% | +310.6% | +205.4% | +179.2% | +22.7% | +71.1% | +81.0% | +72.4% | +41.7% | +29.3% | -71.8% | |
| Net Margin | 6.8% | 7.1% | 8.7% | 6.4% | 4.9% | 6.0% | -6.0% | -0.9% | -6.7% | -3.4% | -8.0% | -7.9% | -35.2% |
| — | +18.3% | +245.4% | +795.5% | +173.4% | +277.5% | +25.1% | +88.4% | +81.0% | +80.5% | +51.3% | +31.0% | -195.3% |
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 10.5% | 2.6% | 3.3% | 2.4% | 1.8% | 2.2% | -2.2% | -0.3% | -2.3% | -1.1% | -2.6% | -2.4% | -9.4% |
| — | +20.5% | +248.6% | +815.7% | +179.6% | +295.2% | +15.7% | +86.3% | +75.5% | +72.8% | +39.7% | +32.4% | -183.2% | |
| ROA | 5.8% | 1.4% | 1.9% | 1.5% | 1.1% | 1.3% | -1.3% | -0.2% | -1.5% | -0.7% | -1.8% | -1.7% | -6.6% |
| — | +4.0% | +238.5% | +807.9% | +176.0% | +280.5% | +23.7% | +87.5% | +77.7% | +75.4% | +43.7% | +32.4% | -181.1% | |
| ROIC | 8.2% | 2.2% | 1.9% | 2.7% | 2.0% | 1.8% | -3.5% | -1.0% | -1.4% | -1.7% | -3.1% | -2.4% | -5.4% |
| — | +18.5% | +155.7% | +364.6% | +240.8% | +210.4% | -11.5% | +58.9% | +73.6% | +63.2% | +39.3% | +49.2% | -10.1% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
DoorDash, Inc.'s Debt/EBITDA ratio is 7.6x, down from 10.1x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 23.8% YoY to 2.04x, strengthening the short-term liquidity position.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.33 | 0.34 | 0.36 | 0.06 | 0.07 | 0.07 | 0.07 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 |
| — | +387.9% | +389.1% | -19.6% | -10.4% | -6.5% | -4.2% | +3.6% | +1.5% | +1.7% | +16.1% | -17.0% | -11.7% | |
| Debt / EBITDA | 2.24 | 7.63 | 10.10 | 1.72 | 2.08 | 2.17 | — | 6.75 | 12.73 | 24.65 | — | — | — |
| — | +251.3% | — | -74.6% | -83.7% | -91.2% | — | — | — | — | — | — | — | |
| Current Ratio | 1.41 | 2.04 | 2.07 | 1.72 | 1.66 | 1.65 | 1.64 | 1.64 | 1.64 | 1.72 | 1.69 | 1.73 | 1.86 |
| — | +23.8% | +26.2% | +4.8% | +1.4% | -4.1% | -2.8% | -5.3% | -11.5% | -18.6% | -29.2% | -31.1% | -28.5% | |
| Quick Ratio | 1.41 | 2.04 | 2.07 | 1.72 | 1.66 | 1.65 | 1.64 | 1.64 | 1.64 | 1.72 | 1.69 | 1.73 | 1.86 |
| — | +23.8% | +26.2% | +4.8% | +1.4% | -4.1% | -2.8% | -5.3% | -11.5% | -18.6% | -29.2% | -31.1% | -28.5% | |
| Interest Coverage | — | — | — | — | — | — | — | — | — | — | — | -171.00 | -370.00 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 23 years · Updated daily
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Start ComparisonDoorDash, Inc.'s current P/E is 82.8x. The average P/E over the last 4 quarters is 112.8x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
DoorDash, Inc.'s current operating margin is 5.3%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking DoorDash, Inc.'s business trajectory between earnings reports.