DocuSign, Inc. Financial Ratios — DOCU Stock

Profitability (USD)

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	01/31/2016	01/31/2017	01/31/2018	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Return on Common Equity (%)	- -	- -	- -	- -	-35.9	-55.79	-23.28	-21.83	8.47	68.18	15.77
Return on Assets (%)	- -	-23.41	-9.34	-38.16	-11.88	-11.51	-2.87	-3.51	2.47	30.58	7.5
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	5.71	- -	14.72
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	1.81	- -	12.62
Gross Margin (%)	70.51	73.14	77.19	72.55	75.03	74.95	77.86	78.69	79.27	79.12	79.4
EBITDA Margin (%)	-40.6	-22.9	-3.84	-55.39	-14.72	-7.07	0.95	-0.07	4.59	10.34	12.88
Operating Margin (%)	-47.63	-30.36	-9.96	-60.82	-19.87	-11.96	-2.94	-2.37	2.25	7.71	9.27
Incremental Operating Margin (%)	- -	2.66	46.82	- -	85.28	4.1	17.12	0.54	49.48	78.02	28.39
Pretax Margin (%)	-49.34	-30.16	-9.48	-61.09	-20.9	-15.79	-3.18	-3.57	3.39	8.33	10.79
Profit Margin (%)	-48.93	-30.26	-10.08	-60.84	-21.39	-16.74	-3.32	-3.87	2.68	35.87	9.6
Net Income to Common Margin (%)	-49.49	-30.64	-10.36	-60.89	-21.39	-16.74	-3.32	-3.87	2.68	35.87	9.6
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	21.03	- -	11.01
Dvd Payout Ratio (%)	1.14	1.25	2.72	0.08	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	- -	-35.9	-55.79	-23.28	-21.83	8.47	68.18	15.77

Credit (USD)

Credit Ratios API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	01/31/2016	01/31/2017	01/31/2018	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Total Debt	- -	- -	- -	439	648	916	882	888	143	124	185
ST Debt	- -	- -	- -	- -	21	53	37	747	22	19	17
LT Debt	- -	- -	- -	439	628	862	845	141	121	105	168
Total Debt/EBITDA	- -	- -	- -	-1.13	-4.52	-8.91	44.05	-500.16	1.13	0.4	0.45
Net Debt/EBITDA	2.25	2.18	12.91	0.2	-1.56	-1.47	10.46	-0.56	-6.29	-2.11	-1.45
Total Debt/EBIT	- -	- -	- -	-1.03	-3.35	-5.27	-14.26	-10.09	4.52	0.62	0.62
Net Debt/EBIT	1.92	1.65	4.97	0.19	-1.16	-0.87	-3.38	-0.01	-25.2	-3.24	-2.02
EBITDA to Interest Expense	-23.71	-142.96	-31.9	-39.36	-5.25	-3.34	3.11	-0.28	18.51	198.54	162.87
EBITDA-CapEx/Interest Expense	-30.31	-213.87	-62.23	-42.44	-7.9	-6.01	-6.42	-12.43	5.01	135.96	121.06
EBIT to Interest Expense	-27.82	-189.55	-82.78	-43.21	-7.09	-5.64	-9.6	-9.34	9.06	148.16	117.27
Interest Expense	4	1	1	10	27	31	6	6	7	2	3
Common Equity/Total Assets	-56.76	-69.52	-54.62	38.03	28.89	13.94	10.84	20.49	38.02	49.91	45.34
Long-Term Debt/Equity (%)	- -	- -	- -	71.45	114.9	264.73	306.65	22.9	10.69	5.26	8.79
Long-Term Debt/Capital (%)	- -	- -	- -	41.67	52.54	69.46	72.97	9.39	9.49	4.95	8.01
Long-Term Debt/Total Assets (%)	- -	- -	- -	27.17	33.19	36.91	33.24	4.69	4.07	2.63	3.98
Total Debt/Equity (%)	- -	- -	- -	71.45	118.7	281.13	320.23	143.9	12.66	6.21	9.65
Total Debt/Capital (%)	- -	- -	- -	41.67	54.27	73.76	76.2	59	11.24	5.85	8.8
Total Debt/Total Assets (%)	- -	- -	- -	27.17	34.29	39.19	34.72	29.48	4.81	3.1	4.38
Net Debt to Equity	82.75	54.86	75.85	-12.84	41.02	46.36	76.02	0.16	-70.55	-32.39	-31.41
Net Debt/Capital (%)	45.28	35.43	43.13	-14.73	23.5	22.36	32.29	0.13	-167.54	-43.87	-40.15
EBITDA	-102	-87	-20	-388	-143	-103	20	-2	127	308	415
EBITDA-CapEx	-130	-131	-39	-419	-215	-185	-41	-79	34	211	308
Operating Income (Loss)	-119	-116	-52	-426	-194	-174	-62	-60	62	230	299

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	01/31/2016	01/31/2017	01/31/2018	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Cash Ratio	1.14	0.71	0.69	1.49	0.95	0.71	0.59	0.47	0.63	0.53	0.42
Current Ratio	1.66	1.16	1.12	1.91	1.36	1.06	0.96	0.74	0.94	0.81	0.73
Quick Ratio	1.54	1.09	1.06	1.85	1.31	1.02	0.92	0.71	0.9	0.77	0.68
CFO/Avg Current Liab	- -	-0.02	0.17	0.17	0.19	0.33	0.41	0.28	0.51	0.58	0.6
Common Equity/Total Assets	-56.76	-69.52	-54.62	38.03	28.89	13.94	10.84	20.49	38.02	49.91	45.34
Long-Term Debt/Equity (%)	- -	- -	- -	71.45	114.9	264.73	306.65	22.9	10.69	5.26	8.79
Long-Term Debt/Capital (%)	- -	- -	- -	41.67	52.54	69.46	72.97	9.39	9.49	4.95	8.01
Long-Term Debt/Total Assets (%)	- -	- -	- -	27.17	33.19	36.91	33.24	4.69	4.07	2.63	3.98
Total Debt/Equity (%)	- -	- -	- -	71.45	118.7	281.13	320.23	143.9	12.66	6.21	9.65
Total Debt/Capital (%)	- -	- -	- -	41.67	54.27	73.76	76.2	59	11.24	5.85	8.8
Total Debt/Total Assets (%)	- -	- -	- -	27.17	34.29	39.19	34.72	29.48	4.81	3.1	4.38
CFO/Total Liabilities	-8.92	-0.57	5.74	7.6	8.6	14.77	22.35	21.16	53.19	50.61	50.4
CFO/CapEx	-2.4	-0.11	2.9	2.5	1.61	3.6	8.25	6.53	10.6	10.49	10.94
Altman's Z-Score	- -	- -	- -	- -	- -	12.68	6.03	2.81	4.36	6.19	2.99

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	01/31/2016	01/31/2017	01/31/2018	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Accounts Receivable Turnover	- -	4.39	4.73	4.7	4.72	5.18	5.51	5.25	5.78	6.85	6.81
Days Sales Outstanding	- -	83.22	77.23	77.66	77.27	70.51	66.21	69.48	63.18	53.27	53.63
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	01/31/2016	01/31/2017	01/31/2018	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Market Capitalization	- -	- -	- -	- -	- -	44,239	23,098	12,150	12,757	19,272	10,548
- Cash & Cash Equivalents	229	191	257	518	241	566	509	722	797	649	602
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	- -	439	648	916	882	888	143	124	185
Enterprise Value	- -	- -	- -	- -	- -	44,382	23,177	12,006	11,855	18,433	9,867
Total Capital	-276	-347	-339	1,053	1,195	1,241	1,158	1,506	1,273	2,127	2,103
Total Debt/Capital (%)	- -	- -	- -	41.67	54.27	73.76	76.2	59	11.24	5.85	8.8
Total Debt / EV	- -	- -	- -	- -	- -	0.02	0.04	0.07	0.01	0.01	0.02
EV/Sales	- -	- -	- -	- -	- -	30.54	11	4.77	4.29	6.19	3.06
EV/EBITDA	- -	- -	- -	- -	- -	- -	1,157.18	- -	93.57	59.9	23.79
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	374.75	92.2	33.05
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	12.04	- -	8.45
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	13.28	- -	9.3
Diluted Market Cap	- -	- -	- -	- -	- -	42,622	22,847	12,089	12,982	20,021	11,154
Diluted Enterprise Value	- -	- -	- -	- -	- -	42,765	22,926	11,946	12,080	19,181	10,472
EV per Share	- -	- -	- -	- -	- -	230.19	116.57	59.46	57.74	91.04	49.89
TTM Sales	250	381	519	701	974	1,453	2,107	2,516	2,762	2,977	3,220
TTM EBITDA	-102	-87	-20	-388	-143	-103	20	-2	127	308	415
TTM Operating Income	-119	-116	-52	-426	-194	-174	-62	-60	62	230	299
TTM Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	985	- -	1,167
TTM Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	893	- -	1,061

Multiples (USD)

Valuation Multiples API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	01/31/2016	01/31/2017	01/31/2018	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Price/Free Cash Flow	- -	- -	- -	- -	- -	198.65	51.33	28.17	14.63	21.75	10.54
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	374.75	92.2	33.05
Enterprise Value	- -	- -	- -	- -	- -	44,382	23,177	12,006	11,855	18,433	9,867
Low Price	- -	- -	- -	- -	- -	100.85	116.17	40.08	38.68	47.18	53.34
EV/Sales	- -	- -	- -	- -	- -	30.54	11	4.77	4.29	6.19	3.06
EV/EBITDA	- -	- -	- -	- -	- -	- -	1,157.18	- -	93.57	59.9	23.79
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	171.39	18.21	34.87
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	146.57	13.02	48.83
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	189.19	20.47	63.92
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	106.69	9.03	34.87
Price/Book Value	- -	- -	- -	- -	- -	135.81	83.84	19.68	11.29	9.62	5.5
Price/Book Value Average	- -	- -	- -	- -	- -	120.89	169.37	19.39	9.66	6.88	7.7
Price/Book Value High	- -	- -	- -	- -	- -	167.75	223.89	36.32	12.47	10.82	10.08
Price/Book Value Low	- -	- -	- -	- -	- -	59.69	83.84	13.11	7.03	4.77	5.5
Price/Tangible Book Value	- -	- -	- -	- -	- -	-302.51	-129.49	62.82	17.58	13.09	7.55
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	-269.27	-261.6	61.89	15.03	9.36	10.57
Price/Tangible Book Value High	- -	- -	- -	- -	- -	-373.65	-345.81	115.94	19.41	14.72	13.83
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	-132.96	-129.49	41.84	10.94	6.49	7.55
Price/Sales	- -	- -	- -	- -	- -	29.33	10.84	4.81	4.59	6.53	3.35
Price/Sales Average	- -	- -	- -	- -	- -	26.11	21.9	4.73	3.93	4.67	4.69
Price/Sales High	- -	- -	- -	- -	- -	36.23	28.95	8.87	5.07	7.34	6.14
Price/Sales Low	- -	- -	- -	- -	- -	12.89	10.84	3.2	2.86	3.24	3.35
Price/Cash Flow	- -	- -	- -	- -	- -	143.53	45.11	23.86	12.94	19.12	9.25
Price/Cash Flow Average	- -	- -	- -	- -	- -	127.76	91.13	23.5	11.07	13.67	12.96
Price/Cash Flow High	- -	- -	- -	- -	- -	177.29	120.47	44.02	14.29	21.49	16.96
Price/Cash Flow Low	- -	- -	- -	- -	- -	63.09	45.11	15.89	8.06	9.48	9.25
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	176.82	103.7	27.75	12.52	15.55	14.76
Price/Free Cash Flow High	- -	- -	- -	- -	- -	245.37	137.08	51.99	16.15	24.45	19.31
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	87.31	51.33	18.76	9.11	10.78	10.54
EV/Sales Average	- -	- -	- -	- -	- -	27.2	22.18	4.7	3.62	4.35	4.38
EV/Sales High	- -	- -	- -	- -	- -	37.7	29.31	8.85	4.77	6.99	5.79
EV/Sales Low	- -	- -	- -	- -	- -	13.48	11	3.16	2.55	2.93	3.06
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	2,333.68	- -	78.99	42.05	33.98
EV/EBITDA High	- -	- -	- -	- -	- -	- -	3,083.58	- -	104.03	67.66	44.99
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	1,157.18	- -	55.56	28.32	23.79
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	316.35	64.72	47.19
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	416.64	104.14	62.47
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	222.52	43.59	33.05
Last Price	- -	- -	- -	- -	- -	229.45	116.17	60.17	62.13	95.18	53.34
High Price	- -	- -	- -	- -	- -	283.41	310.22	111.05	68.58	106.97	97.77
Enterprise Value Average	- -	- -	- -	- -	- -	39,520	46,741	11,826	10,008	12,939	14,090
Enterprise Value High	- -	- -	- -	- -	- -	54,785	61,761	22,277	13,180	20,821	18,654
Enterprise Value Low	- -	- -	- -	- -	- -	19,587	23,177	7,948	7,039	8,714	9,867

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	01/31/2016	01/31/2017	01/31/2018	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Shares Outstanding	152	152	156	169	181	193	199	202	205	202	198
Diluted Weighted Avg Shares	140	28	32	135	177	186	197	201	209	210	209
Basic Weighted Avg Shares	140	28	32	135	177	186	197	201	204	204	202
Revenue per Share	1.79	13.61	16.06	5.19	5.51	7.82	10.71	12.52	13.53	14.57	15.93
EBITDA per Share	-0.73	-3.12	-0.62	-2.87	-0.81	-0.55	0.1	-0.01	0.62	1.51	2.05
Operating Income per Share	-0.85	-4.13	-1.6	-3.15	-1.1	-0.94	-0.31	-0.3	0.3	1.12	1.48
Basic EPS, GAAP	-0.89	-4.17	-1.66	-3.16	-1.18	-1.31	-0.36	-0.49	0.36	5.23	1.53
Basic EPS from Cont Ops	-0.88	-4.12	-1.62	-3.16	-1.18	-1.31	-0.36	-0.49	0.36	5.23	1.53
Diluted EPS, GAAP	-0.89	-4.17	-1.66	-3.16	-1.18	-1.31	-0.36	-0.49	0.35	5.08	1.48
Diluted EPS from Cont Ops	-0.88	-4.12	-1.62	-3.16	-1.18	-1.31	-0.36	-0.49	0.35	5.08	1.48
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	-0.49	-0.17	1.7	0.56	0.65	1.6	2.58	2.52	4.8	4.98	5.77
Free Cash Flow per Basic Share	-0.69	-1.72	1.12	0.34	0.25	1.16	2.26	2.14	4.35	4.5	5.24
Cash & Equivalents per Share	1.5	1.25	1.64	4.54	3.62	4.01	4.04	5.11	5.09	4.76	4.38
Book Value per Share	-1.82	-2.28	-2.16	3.63	3.01	1.69	1.39	3.06	5.5	9.89	9.7
Tangible Book Value per Share	-2.26	-2.67	-2.49	2.04	1.63	-0.76	-0.9	0.96	3.53	7.27	7.07