Digimarc Corporation (DMRC) Financial Ratios
20 years of historical data (2006–2025) · Technology · Information Technology Services
EV/EBITDA
N/A
—
5yr avg: N/A
30Y Low8.8·High42.4
P/FCF
N/A
—
5yr avg: N/A
30Y Low10.4·High180.9
P/B Ratio
↓
4.62
↓-47% vs avg
5yr avg: 8.74
30Y Low1.5·High13.0
ROE
↓
-63.6%
-2% vs avg
5yr avg: -62.5%
30Y Low-78%·High17%
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.
DMRC Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Digimarc Corporation currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $188M | $142M | $796M | $734M | $354M | $650M | $610M | $395M | $165M | $382M | $276M |
| Enterprise Value | $182M | $137M | $790M | $719M | $326M | $637M | $597M | $386M | $137M | $341M | $264M |
| P/E Ratio → | -5.76 | — | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 5.54 | 4.19 | 20.73 | 21.06 | 11.72 | 24.51 | 25.41 | 17.17 | 7.77 | 15.16 | 12.65 |
| P/B Ratio | 4.62 | 3.53 | 12.98 | 11.85 | 3.63 | 11.74 | 7.27 | 7.98 | 2.91 | 4.64 | 3.76 |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
DMRC EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 4.03 | 20.56 | 20.62 | 10.80 | 24.03 | 24.88 | 16.79 | 6.49 | 13.54 | 12.11 |
| EV / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — | — | — | — |
DMRC Profitability
Margins and return-on-capital ratios measuring operating efficiency
Digimarc Corporation earns an operating margin of -94.4%. Operating margins have expanded from -138.3% to -94.4% over the past 3 years, signaling improving operational efficiency. A negative ROE of -63.6% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 61.6% | 61.6% | 63.1% | 57.9% | 50.7% | 66.9% | 66.9% | 65.0% | 60.2% | 66.1% | 61.0% |
| Operating Margin | -94.4% | -94.4% | -107.5% | -138.3% | -204.7% | -150.3% | -136.8% | -146.7% | -158.2% | -105.4% | -100.6% |
| Net Profit Margin | -95.3% | -95.3% | -101.5% | -131.9% | -198.0% | -131.1% | -135.6% | -142.9% | -153.4% | -102.2% | -99.4% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -63.6% | -63.6% | -63.3% | -57.6% | -78.2% | -49.9% | -48.8% | -61.9% | -46.8% | -33.1% | -34.7% |
| ROA | -50.2% | -50.2% | -49.9% | -47.3% | -66.9% | -42.9% | -42.1% | -55.1% | -43.3% | -30.8% | -32.1% |
| ROIC | -53.6% | -53.6% | -61.1% | -62.1% | -82.3% | -52.6% | -44.1% | -72.2% | -71.0% | -38.6% | -29.9% |
| ROCE | -57.6% | -57.6% | -61.4% | -56.2% | -76.9% | -55.2% | -47.1% | -61.7% | -47.6% | -33.7% | -34.8% |
DMRC Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $10M exceeds total debt of $4M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.11 | 0.11 | 0.10 | 0.10 | 0.06 | 0.02 | 0.08 | 0.05 | — | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.14 | -0.10 | -0.25 | -0.28 | -0.23 | -0.15 | -0.18 | -0.48 | -0.50 | -0.16 |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — | — | — | — |
| Interest Coverage | — | — | — | — | — | — | — | — | — | — | — |
Net cash position: cash ($10M) exceeds total debt ($4M)
DMRC Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Digimarc Corporation's current ratio of 2.56x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has declined from 2.96x to 2.56x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.56 | 2.56 | 4.30 | 2.96 | 6.33 | 5.70 | 8.58 | 7.95 | 11.50 | 15.15 | 14.15 |
| Quick Ratio | 2.56 | 2.56 | 4.30 | 2.96 | 6.33 | 5.70 | 8.58 | 7.95 | 11.50 | 15.15 | 14.15 |
| Cash Ratio | 1.54 | 1.54 | 3.14 | 2.17 | 5.18 | 4.32 | 7.95 | 6.76 | 10.11 | 13.45 | 12.63 |
| Asset Turnover | — | 0.64 | 0.51 | 0.43 | 0.27 | 0.41 | 0.25 | 0.40 | 0.34 | 0.29 | 0.28 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 70.10 | 60.92 | 60.88 | 65.60 | 115.18 | 59.44 | 63.85 | 66.96 | 92.71 | 85.05 |
DMRC Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Digimarc Corporation returns 1.5% to shareholders annually primarily through share buybacks.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 1.5% | 2.0% | 0.4% | 0.4% | 0.7% | 0.9% | 0.6% | 0.9% | 1.3% | 0.8% | 0.9% |
| Total Shareholder Yield | 1.5% | 2.0% | 0.4% | 0.4% | 0.7% | 0.9% | 0.6% | 0.9% | 1.3% | 0.8% | 0.9% |
| Shares Outstanding | — | $22M | $21M | $20M | $19M | $16M | $13M | $12M | $11M | $11M | $9M |
Peer Comparison
Compare DMRC 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 |
|---|---|---|---|---|---|---|---|---|---|
 DMRCYou | $188M | -5.8 | — | — | 61.6% | -94.4% | -63.6% | -53.6% | — |
 IPGP | $4B | 139.2 | 48.9 | — | 38.0% | 1.3% | 1.5% | 0.6% | — |
 FORM | $11B | 209.7 | 100.9 | 960.7 | 39.1% | 8.2% | 5.5% | 5.4% | 0.4 |
 VERI | $148M | -2.1 | — | — | 70.6% | -95.2% | -144.9% | -52.8% | — |
 IDAI | $3M | -0.2 | — | — | 65.4% | -303.9% | -298.6% | -219.6% | — |
 CGNT | $793M | -64.7 | 83.9 | 23.6 | 70.4% | -1.5% | -5.6% | -2.5% | 4.2 |
 PRDO | $2B | 14.2 | 9.0 | 10.0 | 71.7% | 23.2% | 16.6% | 15.3% | 0.4 |
 ATEN | $2B | 47.8 | 34.0 | 30.2 | 79.3% | 16.2% | 19.0% | 13.8% | 3.6 |
 VRNS | $3B | -25.4 | — | 25.0 | 79.1% | -23.5% | -24.5% | -11.0% | — |
 CCL | $33B | 13.4 | 8.2 | 12.8 | 29.6% | 16.8% | 25.6% | 8.9% | 3.8 |
 AVY | $13B | 18.8 | 12.1 | 17.9 | 28.8% | 12.5% | 30.2% | 15.2% | 2.8 |
| Technology Median | — | 27.7 | 17.5 | 19.2 | 48.5% | -0.6% | 2.4% | 2.9% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 20 years · Updated daily
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Quick answers to the most common questions about buying DMRC stock.
What is Digimarc Corporation's P/E ratio?
Digimarc Corporation's current P/E ratio is -5.8x. The historical average is 38.0x.
What is Digimarc Corporation's ROE?
Digimarc Corporation's return on equity (ROE) is -63.6%. The historical average is -28.8%.
Is DMRC stock overvalued?
Based on historical data, Digimarc Corporation is trading at a P/E of -5.8x. Compare with industry peers and growth rates for a complete picture.
What are Digimarc Corporation's profit margins?
Digimarc Corporation has 61.6% gross margin and -94.4% operating margin.