DoorDash (DASH) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

DoorDash

NasdaqGS•Consumer Cyclical•Internet Retail

$194.56-2.20(-0.01%)Pre-market

Market Cap

$84.52B

P/E

100.5x

P/S

5.3x

P/B

8.5x

DoorDash, Inc., together with its subsidiaries, operates a commerce platform that connects merchants, consumers, and dashers in the United States and internationally. The company operates DoorDash Marketplace, Wolt Marketplace, and Deliveroo Marketplace, which provide various services, such as customer acquisition, demand generation, order fulfillment, merchandising, payment processing, and customer support. It also offers consumer membership programs, DashPass, Wolt+, and Deliveroo Plus; advertising as a value-added service through its marketplaces; and white-label delivery fulfillment services, as well as services that help merchants establish online ordering, build branded mobile apps, manage reservations and in-store dining, manage consumer relationships, enable tableside order and pay, and improve customer support. The company was formerly known as Palo Alto Delivery Inc. and changed its name to DoorDash, Inc. in 2015. DoorDash, Inc. was founded in 2013 and is headquartered in San Francisco, California.

How this company scores

GoodMetricSide Score: 71/100

Strongest: Cash & Earnings Quality (25/25); weakest: Profitability (7/25).

Profitability7/25

Growth20/25

Balance Sheet & Red Flags19/25

Cash & Earnings Quality25/25

Strengths

Growing revenueRising free cash flowLow leverageCash-backed earnings

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 100.5x5y range 69.6x – 575.2x

Currently below its 7-quarter median.

P/S · 5.3x5y range 4.4x – 9.3x

Currently near its 20-quarter median.

P/B · 8.5x5y range 6.3x – 12.3x

Currently near its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Share Dilution

Red Flag

Shares outstanding increased 5.2% — significant dilution, likely from stock compensation or capital raises.

Price & Volume

Market Cap $84.52B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $15.89B
Q. Revenue: $4.45B
TTM EBITDA: $1.71B
TTM Op. Income: $712.00M
Q. Op. Income: $156.00M
TTM Net Income: $841.00M
Q. Net Income: $200.00M
EPS: $0.46
Shares Out.: $434.43M

$15.89B in TTM revenue grew 33.6% YoY, reaching $4.45B last quarter. TTM EBITDA of $1.71B and TTM operating income of $712.00M show growth is flowing through to the bottom line. TTM net income of $841.00M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 52.7%
EBITDA Margin: 10.1%
Op. Margin: 3.5%
Net Margin: 4.5%

Op. margin of 3.5% is down 1.5% YoY — costs are rising relative to revenue. Net margin at 4.5% and gross margin of 52.7% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 29% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 100.5x
P/S Ratio: 5.3x
P/B Ratio: 8.5x

At 100.5x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 5.3x and P/B of 8.5x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 25% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $19.56B
Cash: $4.42B
Long-Term Debt: $2.73B
Book Value: $9.92B
D/E Ratio: 0.3
Debt/EBITDA: 6.0

With $19.56B in assets and $2.73B in long-term debt, D/E is 0.3and book value is $9.92B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 10% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $944.00M
TTM Free Cash Flow: $2.60B
FCF Margin: 16.3%
FCF / Net Income: 3.1

TTM FCF of $2.60B on $944.00M in operating cash flow. The FCF / Net Income ratio of 3.1x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 31% — an improving trend.