30 years of historical data (1997–2026) · Technology · Software - Application
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
8x8, Inc. trades at 184.0x earnings, 11% above its 5-year average of 166.0x, sitting at the 100th percentile of its historical range. Compared to the Technology sector median P/E of 29.0x, the stock trades at a premium of 534%. On a free-cash-flow basis, the stock trades at 5.0x P/FCF, 85% below the 5-year average of 34.0x.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $260M | $237M | $260M | $327M | $505M | $1.4B | $3.8B | $1.4B | $1.9B | $1.7B | $1.4B |
| Enterprise Value | $537M | $514M | $582M | $688M | $962M | $1.9B | $4.1B | $1.6B | $1.8B | $1.7B | $1.3B |
| P/E Ratio → | 184.00 | 166.00 | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 0.35 | 0.32 | 0.36 | 0.45 | 0.69 | 2.24 | 7.21 | 3.11 | 5.42 | 5.79 | 5.44 |
| P/B Ratio | 1.79 | 1.61 | 2.12 | 3.21 | 5.05 | 7.83 | 23.91 | 7.27 | 7.66 | 7.84 | 4.77 |
| P/FCF | 4.99 | 4.55 | 5.18 | 5.27 | 14.90 | 140.29 | — | — | — | 4552.03 | 97.63 |
| P/OCF | 4.66 | 4.25 | 4.08 | 4.14 | 10.35 | 41.15 | — | — | — | 77.86 | 48.38 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
8x8, Inc.'s enterprise value stands at 28.4x EBITDA, 7% below its 5-year average of 30.5x. The Technology sector median is 16.7x, placing the stock at a 70% premium on an enterprise-value basis.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.70 | 0.81 | 0.94 | 1.32 | 2.94 | 7.76 | 3.67 | 5.24 | 5.68 | 5.28 |
| EV / EBITDA | 28.38 | 27.16 | 10.69 | 35.16 | 49.16 | — | — | — | — | — | 354.74 |
| EV / EBIT | 28.38 | 27.16 | 121.37 | — | — | — | — | — | — | — | — |
| EV / FCF | — | 9.89 | 11.61 | 11.09 | 28.39 | 184.15 | — | — | — | 4467.94 | 94.72 |
Margins and return-on-capital ratios measuring operating efficiency
8x8, Inc. earns an operating margin of 2.6%. Operating margins have expanded from -3.8% to 2.6% over the past 3 years, signaling improving operational efficiency. ROE of 1.2% is modest. ROIC of 3.3% represents below-average returns on invested capital.
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 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 64.6% | 64.6% | 67.9% | 69.1% | 69.1% | 61.2% | 56.8% | 54.9% | 63.1% | 76.0% | 75.5% |
| Operating Margin | 2.6% | 2.6% | 2.1% | -3.8% | -3.8% | -24.2% | -27.5% | -35.8% | -25.8% | -14.1% | -2.6% |
| Net Profit Margin | 0.2% | 0.2% | -3.8% | -9.3% | -9.3% | -27.5% | -31.1% | -38.6% | -25.2% | -35.2% | -1.9% |
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 1.2% | 1.2% | -24.3% | -67.0% | -47.9% | -102.3% | -94.3% | -78.3% | -37.9% | -41.2% | -1.7% |
| ROA | 0.2% | 0.2% | -3.8% | -8.5% | -7.7% | -22.1% | -24.0% | -27.6% | -21.5% | -34.2% | -1.5% |
| ROIC | 3.3% | 3.3% | 2.5% | -4.1% | -3.5% | -21.4% | -24.5% | -37.9% | -36.3% | -14.5% | -2.0% |
| ROCE | 3.8% | 3.8% | 2.8% | -4.6% | -4.1% | -24.2% | -25.8% | -30.5% | -26.3% | -16.4% | -2.3% |
Solvency and debt-coverage ratios — lower is generally safer
8x8, Inc. carries a Debt/EBITDA ratio of 19.6x, which is highly leveraged (566% above the sector average of 2.9x). Net debt stands at $278M ($371M total debt minus $93M cash). Interest coverage of just 1.1x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 2.53 | 2.53 | 3.36 | 4.68 | 5.69 | 2.95 | 2.52 | 2.04 | 0.87 | — | — |
| Debt / EBITDA | 19.59 | 19.59 | 7.54 | 24.40 | 29.06 | — | — | — | — | — | — |
| Net Debt / Equity | — | 1.89 | 2.64 | 3.54 | 4.58 | 2.45 | 1.81 | 1.32 | -0.24 | -0.14 | -0.14 |
| Net Debt / EBITDA | 14.66 | 14.66 | 5.92 | 18.46 | 23.37 | — | — | — | — | — | -10.89 |
| Debt / FCF | — | 5.34 | 6.43 | 5.82 | 13.50 | 43.87 | — | — | — | -84.09 | -2.91 |
| Interest Coverage | 1.07 | 1.07 | 0.17 | -0.61 | -0.61 | -6.75 | -7.80 | — | — | — | — |
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.09x means 8x8, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 1.44x to 1.09x over the past 3 years.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.09 | 1.09 | 1.20 | 1.44 | 1.19 | 1.44 | 2.28 | 2.25 | 5.32 | 3.17 | 4.55 |
| Quick Ratio | 1.09 | 1.09 | 1.20 | 1.44 | 1.19 | 1.44 | 2.28 | 1.98 | 5.11 | 3.17 | 4.53 |
| Cash Ratio | 0.48 | 0.48 | 0.52 | 0.68 | 0.60 | 0.71 | 1.26 | 1.38 | 4.64 | 2.71 | 4.04 |
| Asset Turnover | — | 1.11 | 1.05 | 0.96 | 0.87 | 0.70 | 0.78 | 0.64 | 0.65 | 1.07 | 0.76 |
| Inventory Turnover | — | — | — | — | — | — | — | 6.13 | 8.33 | — | 68.41 |
| Days Sales Outstanding | — | 28.28 | 25.36 | 29.54 | 31.21 | 32.83 | 43.87 | 45.06 | 20.89 | 20.06 | 20.55 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
8x8, Inc. returns 0.7% to shareholders annually primarily through share buybacks. The earnings yield of 0.5% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
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 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 0.5% | 0.6% | — | — | — | — | — | — | — | — | — |
| FCF Yield | 20.0% | 22.0% | 19.3% | 19.0% | 6.7% | 0.7% | — | — | — | 0.0% | 1.0% |
| Buyback Yield | 0.7% | 0.8% | 0.0% | 0.0% | 11.9% | 3.2% | 0.0% | 0.0% | 0.4% | 1.3% | 0.2% |
| Total Shareholder Yield | 0.7% | 0.8% | 0.0% | 0.0% | 11.9% | 3.2% | 0.0% | 0.0% | 0.4% | 1.3% | 0.2% |
| Shares Outstanding | — | $143M | $130M | $121M | $121M | $113M | $118M | $100M | $95M | $92M | $90M |
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 |
|---|---|---|---|---|---|---|---|---|---|
| $260M | 184.0 | 28.4 | 5.0 | 64.6% | 2.6% | 1.2% | 3.3% | 19.6 | |
| $2B | -119.5 | 52.4 | 0.0 | 35.8% | -1.9% | -3.6% | -1.2% | 16.4 | |
| $3B | 18.8 | 15.1 | 15.5 | 62.7% | 13.7% | 17.1% | 9.5% | 1.8 | |
| $24M | -0.2 | — | — | 71.5% | -9.6% | — | -6.6% | — | |
| $1B | 42.2 | 15.3 | 7.4 | 54.7% | 2.8% | 5.6% | 1.7% | 6.2 | |
| $5B | 8.8 | 5.8 | 7.3 | 66.4% | 21.9% | 16.4% | 13.2% | 0.2 | |
| $25B | 14.0 | 19.2 | 13.2 | 77.0% | 23.1% | 20.3% | 10.4% | 0.0 | |
| $2.8T | 27.8 | 17.8 | 39.4 | 68.8% | 45.6% | 33.3% | 24.9% | 0.7 | |
| $4.5T | 34.0 | 29.8 | 60.8 | 59.7% | 32.1% | 35.7% | 25.1% | 0.4 | |
| $471B | 46.9 | 33.6 | 35.5 | 64.9% | 20.8% | 22.1% | 13.0% | 1.9 | |
| $3B | 73.0 | 11.3 | 5.2 | 71.2% | 5.0% | — | 12.2% | 3.8 | |
| Technology Median | — | 29.0 | 16.7 | 19.2 | 48.8% | 0.2% | 1.6% | 2.7% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Includes 30+ ratios · 30 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying EGHT stock.
8x8, Inc.'s current P/E ratio is 184.0x. The historical average is 47.8x. This places it at the 100th percentile of its historical range.
8x8, Inc.'s current EV/EBITDA is 28.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 30.0x.
8x8, Inc.'s return on equity (ROE) is 1.2%. The historical average is -46.7%.
Based on historical data, 8x8, Inc. is trading at a P/E of 184.0x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
8x8, Inc. has 64.6% gross margin and 2.6% operating margin.
8x8, Inc.'s Debt/EBITDA ratio is 19.6x, indicating high leverage. A ratio above 4x may signal elevated financial risk.