8x8, Inc. (EGHT) Financial Ratios
29 years of historical data (1997–2025) · Technology · Software - Application
EV/EBITDA
↓
12.12
↓-62% vs avg
5yr avg: 31.67
30Y Low10.7·High71.7
P/FCF
↓
6.73
↓-84% vs avg
5yr avg: 41.41
30Y Low5.2·High140.3
P/B Ratio
↓
2.57
↓-69% vs avg
5yr avg: 8.42
30Y Low0.9·High23.9
ROE
↑
-24.3%
↓+64% vs avg
5yr avg: -67.1%
30Y Low-223%·High103%
Debt/EBITDA
↓
7.54
↓-63% vs avg
5yr avg: 20.33
30Y Low7.5·High29.1
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
EGHT Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
8x8, 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 6.7x P/FCF, 84% below the 5-year average of 41.4x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $337M | $260M | $327M | $505M | $1.4B | $3.8B | $1.4B | $1.9B | $1.7B | $1.4B | $890M |
| Enterprise Value | $659M | $582M | $688M | $962M | $1.9B | $4.1B | $1.6B | $1.8B | $1.7B | $1.3B | $857M |
| P/E Ratio → | -11.52 | — | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 0.47 | 0.36 | 0.45 | 0.69 | 2.24 | 7.21 | 3.11 | 5.42 | 5.79 | 5.44 | 4.25 |
| P/B Ratio | 2.57 | 2.12 | 3.21 | 5.05 | 7.83 | 23.91 | 7.27 | 7.66 | 7.84 | 4.77 | 3.23 |
| P/FCF | 6.73 | 5.18 | 5.27 | 14.90 | 140.29 | — | — | — | 4552.03 | 97.63 | 53.69 |
| P/OCF | 5.30 | 4.08 | 4.14 | 10.35 | 41.15 | — | — | — | 77.86 | 48.38 | 37.77 |
P/E links to full P/E history page with 30-year chart
EGHT EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
8x8, Inc.'s enterprise value stands at 12.1x EBITDA, 62% below its 5-year average of 31.7x. The Technology sector median is 17.4x, placing the stock at a 30% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.81 | 0.94 | 1.32 | 2.94 | 7.76 | 3.67 | 5.24 | 5.68 | 5.28 | 4.09 |
| EV / EBITDA | 12.12 | 10.69 | 35.16 | 49.16 | — | — | — | — | — | 354.74 | 443.09 |
| EV / EBIT | 43.40 | 121.37 | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | 11.61 | 11.09 | 28.39 | 184.15 | — | — | — | 4467.94 | 94.72 | 51.67 |
EGHT Profitability
Margins and return-on-capital ratios measuring operating efficiency
8x8, Inc. earns an operating margin of 2.1%. Operating margins have expanded from -3.8% to 2.1% over the past 3 years, signaling improving operational efficiency. A negative ROE of -24.3% indicates the company is currently destroying shareholder equity. ROIC of 2.5% represents below-average returns on invested capital.
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 | 67.9% | 67.9% | 69.1% | 69.1% | 61.2% | 56.8% | 54.9% | 63.1% | 76.0% | 75.5% | 72.7% |
| Operating Margin | 2.1% | 2.1% | -3.8% | -3.8% | -24.2% | -27.5% | -35.8% | -25.8% | -14.1% | -2.6% | -3.4% |
| Net Profit Margin | -3.8% | -3.8% | -9.3% | -9.3% | -27.5% | -31.1% | -38.6% | -25.2% | -35.2% | -1.9% | -2.4% |
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 | -24.3% | -24.3% | -67.0% | -47.9% | -102.3% | -94.3% | -78.3% | -37.9% | -41.2% | -1.7% | -1.9% |
| ROA | -3.8% | -3.8% | -8.5% | -7.7% | -22.1% | -24.0% | -27.6% | -21.5% | -34.2% | -1.5% | -1.7% |
| ROIC | 2.5% | 2.5% | -4.1% | -3.5% | -21.4% | -24.5% | -37.9% | -36.3% | -14.5% | -2.0% | -2.3% |
| ROCE | 2.8% | 2.8% | -4.6% | -4.1% | -24.2% | -25.8% | -30.5% | -26.3% | -16.4% | -2.3% | -2.6% |
EGHT Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
8x8, Inc. carries a Debt/EBITDA ratio of 7.5x, which is highly leveraged (163% above the sector average of 2.9x). Net debt stands at $322M ($410M total debt minus $88M cash). Interest coverage of just 0.5x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 3.36 | 3.36 | 4.68 | 5.69 | 2.95 | 2.52 | 2.04 | 0.87 | — | — | — |
| Debt / EBITDA | 7.54 | 7.54 | 24.40 | 29.06 | — | — | — | — | — | — | — |
| Net Debt / Equity | — | 2.64 | 3.54 | 4.58 | 2.45 | 1.81 | 1.32 | -0.24 | -0.14 | -0.14 | -0.12 |
| Net Debt / EBITDA | 5.92 | 5.92 | 18.46 | 23.37 | — | — | — | — | — | -10.89 | -17.37 |
| Debt / FCF | — | 6.43 | 5.82 | 13.50 | 43.87 | — | — | — | -84.09 | -2.91 | -2.03 |
| Interest Coverage | 0.53 | 0.53 | -0.69 | -0.69 | -6.80 | -7.81 | — | — | — | — | — |
EGHT Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.20x means 8x8, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.20 | 1.20 | 1.44 | 1.19 | 1.44 | 2.28 | 2.25 | 5.32 | 3.17 | 4.55 | 5.35 |
| Quick Ratio | 1.20 | 1.20 | 1.44 | 1.19 | 1.44 | 2.28 | 1.98 | 5.11 | 3.17 | 4.53 | 5.34 |
| Cash Ratio | 0.52 | 0.52 | 0.68 | 0.60 | 0.71 | 1.26 | 1.38 | 4.64 | 2.71 | 4.04 | 4.69 |
| Asset Turnover | — | 1.05 | 0.96 | 0.87 | 0.70 | 0.78 | 0.64 | 0.65 | 1.07 | 0.76 | 0.67 |
| Inventory Turnover | 6.13 | — | — | — | — | — | 6.13 | 8.33 | — | 68.41 | 110.09 |
| Days Sales Outstanding | — | 25.36 | 29.54 | 31.21 | 32.83 | 43.87 | 45.06 | 20.89 | 20.06 | 20.55 | 19.30 |
EGHT Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
8x8, 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 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 | 14.9% | 19.3% | 19.0% | 6.7% | 0.7% | — | — | — | 0.0% | 1.0% | 1.9% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 11.9% | 3.2% | 0.0% | 0.0% | 0.4% | 1.3% | 0.2% | 1.3% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 11.9% | 3.2% | 0.0% | 0.0% | 0.4% | 1.3% | 0.2% | 1.3% |
| Shares Outstanding | — | $130M | $121M | $121M | $113M | $118M | $100M | $95M | $92M | $90M | $88M |
Peer Comparison
Compare EGHT 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 |
|---|---|---|---|---|---|---|---|---|---|
 EGHTYou | $337M | -11.5 | 12.1 | 6.7 | 67.9% | 2.1% | -24.3% | 2.5% | 7.5 |
 BAND | $1B | -108.0 | 48.7 | 0.0 | 35.8% | -1.9% | -3.6% | -1.2% | 16.4 |
 MGNI | $2B | 14.1 | 10.8 | 11.6 | 62.7% | 13.7% | 17.1% | 9.5% | 1.8 |
 LPSN | $30M | -0.2 | — | — | 62.2% | -9.6% | — | -6.6% | — |
 FIVN | $2B | 47.6 | 16.7 | 8.3 | 54.7% | 2.8% | 5.6% | 1.7% | 6.2 |
 NICE | $6B | 10.0 | 6.7 | 8.3 | 66.4% | 21.9% | 16.4% | 13.2% | 0.2 |
 ZM | $32B | 17.0 | 24.7 | 16.8 | 77.0% | 23.1% | 20.3% | 10.4% | 0.0 |
 MSFT | $3.1T | 30.3 | 19.4 | 42.9 | 68.8% | 45.6% | 33.3% | 24.9% | 0.7 |
 GOOGL | $4.8T | 36.8 | 32.2 | 65.7 | 59.7% | 32.1% | 35.7% | 25.1% | 0.4 |
 CSCO | $363B | 35.9 | 26.2 | 27.3 | 64.9% | 20.8% | 22.1% | 13.0% | 2.0 |
 RNG | $4B | 95.3 | 13.9 | 7.0 | 71.2% | 5.0% | — | 12.2% | 3.8 |
| 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 · 29 years · Updated daily
See EGHT's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs EGHT Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare EGHT vs BAND
Side-by-side business, growth, and profitability comparison vs Bandwidth Inc..
Start ComparisonEGHT — Frequently Asked Questions
Quick answers to the most common questions about buying EGHT stock.
What is 8x8, Inc.'s P/E ratio?
8x8, Inc.'s current P/E ratio is -11.5x. The historical average is 24.1x.
What is 8x8, Inc.'s EV/EBITDA?
8x8, Inc.'s current EV/EBITDA is 12.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 30.3x.
What is 8x8, Inc.'s ROE?
8x8, Inc.'s return on equity (ROE) is -24.3%. The historical average is -48.3%.
Is EGHT stock overvalued?
Based on historical data, 8x8, Inc. is trading at a P/E of -11.5x. Compare with industry peers and growth rates for a complete picture.
What are 8x8, Inc.'s profit margins?
8x8, Inc. has 67.9% gross margin and 2.1% operating margin.
How much debt does 8x8, Inc. have?
8x8, Inc.'s Debt/EBITDA ratio is 7.5x, indicating high leverage. A ratio above 4x may signal elevated financial risk.