DocuSign (DOCU) Stock Fundamentals, Analysis & Risk Signals

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

DocuSign

NasdaqGS•Technology•Software - Application

$68.41+2.44(0.04%)Pre-market

Market Cap

$13.51B

P/E

40.9x

P/S

4.0x

P/B

7.9x

DocuSign, Inc. provides electronic signature solution in the United States and internationally. The company offers AI-powered intelligent agreement management (IAM) platform to optimize the gain intelligence and automation across the entire agreement lifecycle; and provides e-signature solution that enables sending and signing of agreements on various devices; Contract Lifecycle Management (CLM), which automates workflows across the entire agreement process; and Document Generation streamlines the process of generating new, custom agreements. It also provides Identify, a signer-identification option for checking government-issued IDs; Standards-Based Signatures, which support signatures that involve digital certificates; Monitor that uses advanced analytics; Notary which enables notaries public to conduct remote online notarization transactions; and Web Forms. In addition, the company offers Real Estate for eSignature that provides a way for brokers and agents to manage the entire real estate transaction digitally. eSignature and CLM are Federal Risk and Authorization Management Program (FedRAMP), an authorized version of DocuSign eSignature for U.S. federal government agencies; and life sciences modules that support compliance with the electronic signature practices. The company sells its products through direct and partner-assisted sales, and digital self-service purchasing. DocuSign, Inc. was incorporated in 2003 and is headquartered in San Francisco, California.

How this company scores

ExcellentMetricSide Score: 84/100

Strongest: Cash & Earnings Quality (25/25); weakest: Balance Sheet & Red Flags (15/25).

Profitability23/25

Growth21/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality25/25

Strengths

Rising free cash flowHigh ROERising earningsInterest easily covered

No red flags in the last 8 quarters.

Valuation vs. 5-year range

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

P/E · 40.9x5y range 11.7x – 224.4x

Currently near its 12-quarter median.

P/S · 4.0x5y range 2.8x – 6.5x

Currently near its 20-quarter median.

P/B · 7.9x5y range 5.0x – 46.7x

Price & Volume

Market Cap $13.51B

Metrics at a Glance

as of July 2026

Revenue & Profit

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

TTM Revenue: $3.36B
Q. Revenue: $875.75M
TTM EBITDA: $524.85M
TTM Op. Income: $402.03M
Q. Op. Income: $117.62M
TTM Net Income: $329.94M
Q. Net Income: $77.72M
EPS: $0.41
Shares Out.: $191.25M

$3.36B in TTM revenue grew 8.6% YoY, reaching $875.75M last quarter. TTM EBITDA of $524.85M and TTM operating income of $402.03M show growth is flowing through to the bottom line. TTM net income of $329.94M 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: 79.7%
EBITDA Margin: 17.3%
Op. Margin: 13.4%
Net Margin: 8.9%

Op. margin of 13.4% is up 5.3% YoY — cost efficiency is improving. Net margin at 8.9% and gross margin of 79.7% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 6 consecutive quarters — an improving trend.

Price Ratios

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

P/E Ratio: 40.9x
P/S Ratio: 4.0x
P/B Ratio: 7.9x

At 40.9x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 4.0x and P/B of 7.9x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 27% — a weakening trend.

Assets & Liabilities

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

Total Assets: $3.96B
Cash: $528.16M
Long-Term Debt: N/A
Book Value: $1.72B
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

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

Op. Cash Flow: $334.55M
TTM Free Cash Flow: $1.20B
FCF Margin: 35.7%
FCF / Net Income: 3.6

TTM FCF of $1.20B on $334.55M in operating cash flow. The FCF / Net Income ratio of 3.6x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 5 consecutive quarters — an improving trend.