Doximity, Inc.

Doximity, Inc.

22.24
CHF
-7.87
(-26.13%)
0.69EPS
21.72P/E
2.84BMarket Cap
Nov 05Next Earn

Total Valuation

CHF

As of June 30, 2026, Doximity, Inc. Class A carries a market capitalization of 2.84B, placing it among publicly traded companies globally. Its enterprise value stands at 2.29B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap2.84B
Enterprise Value2.29B

Important Dates

Doximity, Inc. Class A's next confirmed earnings release is scheduled for November 5, 2026.

Earnings Date11/5/2026

Share Statistics

As of June 30, 2026, Doximity, Inc. Class A has 179.85M shares outstanding.

Shares Outstanding179.85M

Valuation Ratios

As of June 30, 2026, Doximity, Inc. Class A trades at a trailing price-to-earnings ratio of 21.72. The price-to-sales ratio is 5.53, and the price-to-book ratio stands at 3.84.

PE Ratio21.72
PS Ratio5.53
PB Ratio3.84
P/TBV Ratio4.41
P/FCF Ratio12.93
P/OCF Ratio11.84

Enterprise Valuation

As of June 30, 2026, Doximity, Inc. Class A trades at an EV/EBITDA multiple of 13.51 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 4.33 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 14.62 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Doximity, Inc. Class A trades at an EV/FCF ratio of 9.55, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 2.29B versus a market cap of 2.84B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales4.33
EV / EBITDA13.51
EV / EBIT14.62
EV / FCF9.55

Financial Position

As of June 30, 2026, Doximity, Inc. Class A maintains a current ratio of 6.08, meaning it holds 6.1x the short-term assets needed to cover near-term liabilities.

Current Ratio6.08
Quick Ratio5.76
Debt / Equity1.06
Debt / EBITDA0.05

Financial Efficiency

CHF

Over the twelve months ended June 30, 2026, Doximity, Inc. Class A posted a return on equity (ROE) of 17.21, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 14.48 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 14.60, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 17.02, useful for judging operating efficiency across full business cycles. The company generates approximately 619,400.58 in revenue per employee across its workforce of 855.00, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)17.21
Return on Assets (ROA)14.60
Return on Invested Capital (ROIC)14.48
Return on Capital Employed (ROCE)17.02
Revenue Per Employee619,400.58
Employee Count855.00

Taxes

CHF

Over the twelve months ended June 30, 2026, Doximity, Inc. Class A recorded 47.80M in income tax expense. That works out to an effective tax rate of 26.16, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 182.75M, leaving 134.94M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax47.80M
Effective Tax Rate26.16

Income Statement

CHF

Over the twelve months ended June 30, 2026, Doximity, Inc. Class A generated 529.59M in revenue and converted that into 134.94M in net income, yielding earnings per share of 0.69. EBITDA reached 169.58M, while operating income came in at 156.76M.

Revenue529.59M
Gross Profit466.39M
Operating Income156.76M
Pretax Income182.75M
Net Income134.94M
EBITDA169.58M
EBIT156.76M
Earnings Per Share (EPS)0.69

Balance Sheet

CHF

As of June 30, 2026, Doximity, Inc. Class A holds 555.62M in cash and equivalents against 7.81M in total debt, resulting in a net debt position of -221.03M. Total book value stands at 740.03M, with working capital of 616.87M providing operational flexibility.

Cash & Cash Equivalents555.62M
Total Debt7.81M
Net Debt-221.03M
Equity (Book Value)740.03M
Book Value Per Share4.11
Working Capital616.87M

Cash Flow

CHF

Doximity, Inc. Class A produced 247.47M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -7.58M in capital expenditures, free cash flow totaled 239.90M - equivalent to 1.29 per share.

Operating Cash Flow247.47M
Capital Expenditures-7.58M
Free Cash Flow239.90M
FCF Per Share1.29

Margins

Over the twelve months ended June 30, 2026, Doximity, Inc. Class A posted a gross margin of 88.07, reflecting its pricing power and cost economics. The operating margin of 29.60 and net profit margin of 25.48 provide insight into operational efficiency.

Gross Margin88.07
Operating Margin29.60
Pretax Margin34.51
Profit Margin25.48
EBITDA Margin32.02

Dividends & Yields

These figures cover the twelve months ended June 30, 2026. Free cash flow yield stands at 7.73, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 12.16, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Doximity, Inc. Class A shareholders.

Shareholder Yield12.16
FCF Yield7.73

Scores

As of June 30, 2026, Doximity, Inc. Class A has an Altman Z-Score of 14.69, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score14.69