The company's financial position appears strained, with a current ratio of 0.67 as of 2026Q1 and a debt-to-equity ratio that has historically reached as high as 63.27.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 |
|---|
| Total Current Assets | 2.05B | 1.84B | 1.95B | 1.26B | 1.58B | 1.89B | 1.29B | 1.58B | 1.43B | 1.06B | 932.8M | 693.9M | 459.4M | 405.88M | 333.5M |
| Cash & Short-Term Investments | 1.26B | 1.08B | 1.09B | 498.8M | 774M | 1.26B | 765.2M | 1.09B | 951.3M | 595M | 572.7M | 352.5M | 142M | 98.62M | 62.64M |
| Cash Only | 1.26B | 1.08B | 1.09B | 458.8M | 774M | 1.26B | 765.2M | 1.06B | 932.4M | 582.7M | 566.1M | 348M | 138.97M | 95.43M | 59.46M |
| Short-Term Investments | 0 | 0 | 0 | 40M | 0 | 0 | 0 | 23.6M | 18.9M | 12.3M | 6.6M | 4.5M | 3M | 3.19M | 3.17M |
| Accounts Receivable | 85.3M | 83.1M | 91.1M | 76.6M | 60.1M | 63.6M | 41.8M | 30.2M | 26.4M | 18.4M | 8M | 4.8M | 3.53M | 5.28M | 2.43M |
| Days Sales Outstanding | 7.1 | 6.13 | 7.27 | 6.57 | 5.36 | 6.08 | 4.6 | 3.69 | 3.62 | 3.01 | 1.58 | 1.09 | 0.93 | 1.71 | 0.97 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 706.3M | 67.6M | 191.8M | 145.4M | 231.7M | 55.1M | 60.8M | 48.9M | 58.1M | 59.9M | 24.5M | 25.3M | 23.3M | 31.75M | 16.71M |
| Total Non-Current Assets | 6.1B | 6.19B | 6.28B | 6.31B | 5.39B | 5.53B | 5.14B | 4.73B | 4.66B | 4.68B | 2.85B | 2.8B | 2.8B | 2.81B | 2.69B |
| Property, Plant & Equipment | 192.2M | 187.3M | 205.8M | 246.1M | 309.7M | 329.2M | 399.3M | 455.2M | 299M | 297.9M | 231M | 225M | 220.91M | 183.25M | 159.71M |
| Fixed Asset Turnover | 26.19x | 26.43x | 22.22x | 17.29x | 13.21x | 11.59x | 8.31x | 6.56x | 8.90x | 7.49x | 8.00x | 7.14x | 6.28x | 6.17x | 5.70x |
| Goodwill | 3.61B | 3.63B | 3.52B | 3.57B | 3.54B | 3.54B | 3.28B | 2.98B | 2.95B | 2.86B | 1.72B | 1.66B | 1.66B | 1.63B | 1.52B |
| Intangible Assets | 970.6M | 986.3M | 1.06B | 1.16B | 1.25B | 1.38B | 1.26B | 1.1B | 1.21B | 1.33B | 716.5M | 735.3M | 749.65M | 836.04M | 866.7M |
| Long-Term Investments | 114.1M | 58.8M | 53.1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 340.7M | 275.7M | 268.5M | 314.6M | 286.7M | 272.6M | 212.1M | 196.5M | 197.6M | 195M | 183.2M | 175.8M | 167.1M | 160.03M | 152.53M |
| Total Assets | 8.15B | 8.03B | 8.24B | 7.56B | 6.97B | 7.42B | 6.43B | 6.3B | 6.08B | 5.74B | 3.79B | 3.5B | 3.26B | 3.21B | 3.03B |
| Asset Turnover | 0.62x | 0.62x | 0.56x | 0.56x | 0.59x | 0.51x | 0.52x | 0.47x | 0.44x | 0.39x | 0.49x | 0.46x | 0.42x | 0.35x | 0.30x |
| Asset Growth % | 8.58% | -2.43% | 8.86% | 8.48% | -5.98% | 15.3% | 2.09% | 3.58% | 6.01% | 51.53% | 8.23% | 7.17% | 1.61% | 6.13% | - |
| Total Current Liabilities | 3.06B | 3B | 2.7B | 2.68B | 2.46B | 2.44B | 2.31B | 2B | 1.89B | 1.81B | 1.26B | 1.13B | 972.75M | 858.53M | 674.97M |
| Accounts Payable | 94.4M | 67.5M | 81.6M | 148.1M | 130.9M | 85.2M | 51M | 72.3M | 61.6M | 59.6M | 61.7M | 39.4M | 31.9M | 24.03M | 20.33M |
| Days Payables Outstanding | 15.11 | 12.95 | 18.03 | 34.35 | 32.18 | 22.66 | 16.07 | 25.7 | 25.15 | 28.05 | 34.24 | 25.41 | 22.46 | 18.51 | 17.25 |
| Short-Term Debt | 0 | 15.1M | 15.9M | 17.9M | 18.2M | 24.1M | 24.3M | 18.4M | 16.6M | 16.7M | 4M | 4.2M | 4.4M | 1.52M | 1.53M |
| Deferred Revenue (Current) | 9.69B | 2.38B | 2.22B | 2.07B | 1.95B | 1.89B | 1.71B | 1.54B | 1.39B | 1.26B | 1.04B | 937.7M | 823.28M | 702.26M | 592.34M |
| Other Current Liabilities | 477.2M | 357.6M | 225.5M | 276.3M | 206.5M | 294.2M | 383.8M | 244.1M | 226.4M | 293.9M | 74M | 64.7M | 55.3M | 0 | 0 |
| Current Ratio | 0.67x | 0.61x | 0.72x | 0.47x | 0.64x | 0.78x | 0.56x | 0.79x | 0.76x | 0.59x | 0.74x | 0.62x | 0.47x | 0.47x | 0.49x |
| Quick Ratio | 0.67x | 0.61x | 0.72x | 0.47x | 0.64x | 0.78x | 0.56x | 0.79x | 0.76x | 0.59x | 0.74x | 0.62x | 0.47x | 0.47x | 0.49x |
| Cash Conversion Cycle | -8.01 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 4.86B | 4.82B | 4.84B | 4.82B | 4.84B | 4.9B | 4.13B | 3.52B | 3.37B | 3.38B | 1.81B | 1.7B | 1.88B | 1.54B | 1.34B |
| Long-Term Debt | 85.6M | 3.77B | 3.78B | 3.8B | 3.81B | 3.86B | 3.09B | 2.38B | 2.39B | 2.41B | 1.04B | 1.04B | 1.41B | 1.08B | 987.8M |
| Capital Lease Obligations | 196.7M | 62M | 76.7M | 90.2M | 116.5M | 142.7M | 166.7M | 192.9M | 19.4M | 19.4M | 0 | 19.8M | 15.94M | 0 | 0 |
| Deferred Tax Liabilities | 32.1M | 4.7M | 20.2M | 37.8M | 56.2M | 75.3M | 92M | 100.9M | 117.2M | 145.5M | 202.6M | 151.6M | 0 | 0 | 0 |
| Other Non-Current Liabilities | 4.77B | 57.5M | 85.7M | 90.7M | 87.1M | 77.7M | 56.6M | 193M | 218.1M | 208.6M | 242.1M | 166.1M | 451.79M | 74.26M | 34.59M |
| Total Liabilities | 7.92B | 7.82B | 7.54B | 7.5B | 7.3B | 7.33B | 6.44B | 5.52B | 5.26B | 5.19B | 3.07B | 2.83B | 2.85B | 2.4B | 2.01B |
| Total Debt | 85.6M | 3.86B | 3.89B | 3.94B | 3.98B | 4.06B | 3.32B | 2.63B | 2.41B | 2.45B | 1.05B | 1.06B | 1.42B | 1.09B | 989.33M |
| Net Debt | -1.18B | 2.78B | 2.81B | 3.48B | 3.21B | 2.81B | 2.56B | 1.56B | 1.48B | 1.87B | 480.5M | 708M | 1.28B | 990.02M | 929.87M |
| Debt / Equity | 0.36x | 17.96x | 5.63x | 63.27x | - | 48.82x | - | 3.36x | 2.92x | 4.49x | 1.47x | 1.58x | 3.46x | 1.34x | 0.98x |
| Debt / EBITDA | 0.08x | 2.89x | 3.79x | 5.48x | 5.74x | 6.98x | 7.00x | 6.37x | 6.28x | 8.99x | 4.98x | 8.26x | 15.64x | 125.24x | - |
| Net Debt / EBITDA | -1.11x | 2.08x | 2.73x | 4.84x | 4.62x | 4.82x | 5.39x | 3.80x | 3.85x | 6.85x | 2.29x | 5.54x | 14.11x | 114.23x | - |
| Interest Coverage | 10.89x | 7.19x | 5.84x | 3.26x | 3.44x | 3.01x | -4.43x | 2.37x | 1.74x | 2.29x | 0.62x | -0.74x | -0.72x | -1.83x | -2.53x |
| Total Equity | 237.3M | 215.1M | 692.1M | 62.2M | -329.3M | 83.2M | -11.8M | 782.1M | 824.5M | 546.5M | 714.2M | 666.7M | 410.39M | 812.51M | 1.01B |
| Equity Growth % | 33.22% | -68.92% | 1012.7% | 118.89% | -495.79% | 805.08% | -101.51% | -5.14% | 50.87% | -23.48% | 7.12% | 62.45% | -49.49% | -19.85% | - |
| Book Value per Share | 1.77 | 1.58 | 4.76 | 0.41 | -2.04 | 0.49 | -0.07 | 4.30 | 4.55 | 3.09 | 8.95 | 11.36 | 3.19 | 6.32 | 8.04 |
| Total Shareholders' Equity | 237.3M | 215.1M | 692.1M | 62.2M | -331.8M | 81.7M | -12.9M | 772M | 792.7M | 486.5M | 542.7M | 425.8M | 410.39M | 812.51M | 1.01B |
| Common Stock | 100K | 100K | 100K | 100K | 200K | 200K | 200K | 200K | 200K | 100K | 200K | 200K | 410.4M | 1.35B | 1.35B |
| Retained Earnings | -2.86B | -2.79B | -2.05B | -2.32B | -2.42B | -1.47B | -1.19B | -153.5M | 164.8M | 87.7M | -48.7M | -32.2M | -675.82M | -532.51M | -332.63M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 40.3M | 29.2M | 132.5M | 111.2M | 178M | -38.6M | -131M | -78.2M | -72.1M | -85.7M | 2.7M | 3.2M | -178.38M | -126.86M | -77.6M |
| Minority Interest | 0 | 0 | 0 | 0 | 2.5M | 1.5M | 1.1M | 10.1M | 31.8M | 60M | 171.5M | 240.9M | 0 | 0 | 0 |
High debt leverage exposure
As reported in recent financial statements, GDDY maintains a significant debt load relative to its thin equity base, with the debt-to-equity ratio reaching as high as 63.27 in 2023Q4, suggesting that the company's capital structure is heavily reliant on external financing to support its aggressive share repurchase programs.
The persistent reliance on debt to fund equity returns appears to leave the company with limited room for balance sheet maneuvering should interest rates remain elevated or operational cash flows face unexpected pressure. Investors should monitor whether this leverage profile restricts the company's ability to pursue strategic acquisitions or respond to competitive threats in the SMB software space.
Based on the provided quarterly data, the company's current ratio has consistently remained below 1.0, fluctuating between 0.47 and 0.72, which indicates that current liabilities, largely driven by deferred revenue, significantly outweigh the company's immediate liquid assets available to meet short-term obligations.
While the subscription-based model provides a predictable cash inflow, the structural mismatch between current assets and liabilities suggests a reliance on continuous operational cash generation to maintain solvency. This liquidity profile appears vulnerable to any sudden disruption in customer renewal rates or a contraction in the core domain registration business.
According to historical balance sheet data, the company's equity base has remained remarkably thin, often falling below $500 million, a trend that appears directly linked to management's aggressive strategy of utilizing excess cash to repurchase shares rather than retaining earnings to strengthen the capital foundation.
The persistent negative retained earnings, which reached -$2.9 billion in 2026Q1, suggest that historical accounting losses or large-scale capital distributions have significantly impaired the book value of the firm. This strategy may signal management's confidence in future cash flows, but it leaves the company with a minimal buffer against potential asset impairments or unforeseen operational shocks.
As disclosed in recent filings, goodwill accounts for approximately $3.6 billion of the company's $8.2 billion in total assets, indicating that a substantial portion of the balance sheet is tied to past acquisitions rather than tangible infrastructure or productive physical assets.
The high concentration of goodwill suggests that the company's asset value is heavily dependent on the continued performance and integration of acquired businesses. If these acquired units fail to meet growth expectations, the company may face significant impairment risks that could further erode the already fragile equity base.
Quick answers to the most common questions about buying GDDY stock.
As of 2025, GoDaddy Inc. (GDDY) had total assets of $8.03B including $1.84B in current assets.
GoDaddy Inc. (GDDY) carries total debt of $3.86B, offset by $1.08B in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
GoDaddy Inc. (GDDY) has total shareholders' equity (book value) of $215.1M ($1.58 book value per share). Book value represents the net worth of the company belonging to common stock holders.
GoDaddy Inc. (GDDY) reported a current ratio of 0.61x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.