Roku (ROKU) Stock Fundamentals, Analysis & Risk Signals

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

Roku

NasdaqGS•Communication Services•Entertainment

$155.59-2.72(-0.02%)Pre-market

Market Cap

$22.80B

P/E

64.2x

P/S

4.4x

P/B

8.1x

Roku, Inc., together with its subsidiaries, operates a TV streaming platform in the United States and internationally. The company operates in two segments, Platform and Devices. Its streaming platform allows users to find and access TV shows, movies, news, sports, and others, as well as offers digital advertising services. The company also sells streaming players, Roku-branded TVs, smart home products and services, audio products, and related accessories. Roku, Inc. was incorporated in 2002 and is headquartered in San Jose, California.

How this company scores

ExcellentMetricSide Score: 82/100

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

Profitability19/25

Growth23/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality25/25

Strengths

Growing revenueRising free cash flowRising earningsInterest easily covered

Valuation vs. 5-year range

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

P/E · 64.2x5y range 64.2x – 185.7x

Currently below its 6-quarter median.

P/S · 4.4x5y range 1.8x – 15.9x

Currently above its 20-quarter median.

P/B · 8.1x5y range 2.1x – 15.1x

Watch items

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

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $22.80B

Metrics at a Glance

as of June 2026

Revenue & Profit

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

TTM Revenue: $5.21B
Q. Revenue: $1.35B
TTM EBITDA: $320.19M
TTM Op. Income: $273.39M
Q. Op. Income: $146.18M
TTM Net Income: $355.20M
Q. Net Income: $164.22M
EPS: $1.11
Shares Out.: $147.97M

$5.21B in TTM revenue grew 18.5% YoY, reaching $1.35B last quarter. TTM EBITDA of $320.19M and TTM operating income of $273.39M show growth is flowing through to the bottom line. TTM net income of $355.20M 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: 49.7%
EBITDA Margin: 11.6%
Op. Margin: 10.8%
Net Margin: 12.1%

Op. margin of 10.8% is up 12.9% YoY — cost efficiency is improving. Net margin at 12.1% and gross margin of 49.7% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 614% — an improving trend.

Price Ratios

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

P/E Ratio: 64.2x
P/S Ratio: 4.4x
P/B Ratio: 8.1x

At 64.2x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 4.4x and P/B of 8.1x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 3 quarters, P/E has fallen for 2 consecutive quarters — an improving trend.

Assets & Liabilities

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

Total Assets: $4.57B
Cash: $2.00B
Long-Term Debt: N/A
Book Value: $2.82B
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: $284.64M
TTM Free Cash Flow: $709.91M
FCF Margin: 13.6%
FCF / Net Income: 2.0

TTM FCF of $709.91M on $284.64M in operating cash flow. The FCF / Net Income ratio of 2.0x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 7 consecutive quarters — an improving trend.