Last 21 quarters of trend data · Technology · Software - Application
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
monday.com Ltd.'s quarterly P/E stands at 25.4x, down 81.0% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has expanded 89.8% YoY to 272.8x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 32.17 | 25.44 | 193.69 | 2665.08 | 116.90 | 133.77 | — | 222.93 | 403.34 | 195.64 | 265.37 | — | — |
| — | -81.0% | — | +1095.5% | -71.0% | -31.6% | — | — | — | — | — | — | — | |
| P/S Ratio | 3.02 | 5.85 | 8.14 | 14.01 | 11.42 | 11.51 | 13.87 | 13.31 | 13.54 | 11.96 | 10.83 | 11.75 | 10.54 |
| — | -49.2% | -41.3% | +5.2% | -15.6% | -3.7% | +28.1% | +13.3% | +28.5% | +23.4% | +15.0% | +25.0% | -35.7% | |
| P/B Ratio | 3.07 | 6.26 | 8.14 | 14.05 | 11.71 | 11.98 | 14.34 | 13.81 | 13.73 | 11.91 | 10.75 | 11.44 | 9.84 |
| — | -47.7% | -43.2% | +1.7% | -14.7% | +0.5% | +33.4% | +20.7% | +39.5% | +39.3% | +35.8% | +58.0% | -8.3% | |
| P/FCF | 11.86 | 31.11 | 28.59 | 69.77 | 29.99 | 42.44 | 42.24 | 61.83 | 32.68 | 43.22 | 31.57 | 44.93 | 44.20 |
| — | -26.7% | -32.3% | +12.8% | -8.2% | -1.8% | +33.8% | +37.6% | -26.1% | -9.9% | -65.8% | — | — | |
| EV / EBITDA | 209.33 | 272.82 | 1985.03 | — | 220.24 | 143.75 | — | 601.22 | — | 1530.37 | — | — | — |
| — | +89.8% | — | — | — | -90.6% | — | — | — | — | — | — | — | |
| EV / EBIT | — | 103.81 | 166.41 | 1498.29 | 104.70 | 122.82 | — | 170.28 | 338.47 | 184.31 | 199.34 | — | — |
| — | -15.5% | — | +779.9% | -69.1% | -33.4% | — | — | — | -84.7% | — | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
monday.com Ltd.'s operating margin was 0.7% in Q4 2025, up 1.5 pp QoQ and down 2.9 pp YoY. This marks the 3rd consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 89.2% | 88.8% | 88.7% | 89.6% | 89.8% | 88.6% | 89.7% | 89.9% | 89.2% | 88.9% | 88.5% | 88.9% | 89.5% |
| — | +0.2% | -1.1% | -0.4% | +0.7% | -0.4% | +1.3% | +1.2% | -0.4% | +0.6% | +1.8% | +2.8% | +3.4% | |
| Operating Margin | -0.1% | 0.7% | -0.8% | -3.9% | 3.5% | 3.6% | -10.9% | 0.8% | -2.3% | -0.6% | -1.3% | -6.9% | -14.0% |
| — | -80.1% | +93.1% | -608.4% | +249.9% | +733.6% | -719.3% | +111.0% | +83.5% | +91.6% | +93.5% | +81.4% | +77.5% | |
| Net Margin | 9.6% | 23.0% | 4.1% | 0.5% | 9.7% | 8.6% | -4.8% | 6.1% | 3.3% | 6.1% | 4.0% | -4.0% | -9.0% |
| — | +167.6% | +186.0% | -91.3% | +197.8% | +41.0% | -221.1% | +251.4% | +136.1% | +713.6% | +123.5% | +89.2% | +85.3% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 10.4% | 6.1% | 1.1% | 0.1% | 2.6% | 2.3% | -1.3% | 1.6% | 0.8% | 1.6% | 1.0% | -1.0% | -2.1% |
| — | +165.4% | +183.0% | -91.5% | +203.5% | +46.8% | -226.7% | +263.2% | +139.7% | +800.2% | +128.3% | +85.8% | +78.1% | |
| ROA | 6.3% | 3.7% | 0.6% | 0.1% | 1.6% | 1.4% | -0.8% | 1.0% | 0.5% | 1.0% | 0.6% | -0.6% | -1.4% |
| — | +161.8% | +182.4% | -91.7% | +192.5% | +41.2% | -223.1% | +259.2% | +138.7% | +786.3% | +127.4% | +86.8% | +80.5% | |
| ROIC | -2.4% | 3.2% | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
monday.com Ltd.'s Debt/EBITDA ratio is 51.4x, down from 106.3x last quarter — elevated, raising questions about debt serviceability. The current ratio has weakened 6.0% YoY to 2.50x, tightening the short-term liquidity position.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.25 | 0.25 | 0.09 | 0.11 | 0.11 | 0.10 | 0.09 | 0.06 | 0.07 | 0.08 | 0.08 | 0.10 | 0.11 |
| — | +142.9% | +0.4% | +69.5% | +64.5% | +36.9% | +11.9% | -35.0% | -37.0% | -34.3% | -35.0% | +5.4% | +15.1% | |
| Debt / EBITDA | 25.85 | 51.40 | 106.30 | — | 9.39 | 5.52 | — | 12.06 | — | 43.34 | — | — | — |
| — | +830.3% | — | — | — | -87.3% | — | — | — | — | — | — | — | |
| Current Ratio | 2.50 | 2.50 | 2.67 | 2.64 | 2.57 | 2.66 | 2.67 | 2.63 | 2.62 | 2.82 | 2.82 | 2.82 | 2.85 |
| — | -6.0% | +0.2% | +0.4% | -2.1% | -5.6% | -5.5% | -6.8% | -8.1% | -9.0% | -8.4% | -13.1% | -20.3% | |
| Quick Ratio | 2.50 | 2.50 | 2.67 | 2.64 | 2.57 | 2.66 | 2.67 | 2.63 | 2.62 | 2.82 | 2.82 | 2.82 | 2.85 |
| — | -6.0% | +0.2% | +0.4% | -2.1% | -5.6% | -5.5% | -6.8% | -8.1% | -9.0% | -8.4% | -13.1% | -20.3% | |
| Interest Coverage | — | — | — | — | — | — | — | — | — | -3.17 | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 21 years · Updated daily
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monday.com Ltd.'s current P/E is 32.2x. The average P/E over the last 4 quarters is 750.3x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
monday.com Ltd.'s current operating margin is -0.1%. Margins have been compressing 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 monday.com Ltd.'s business trajectory between earnings reports.