DoorDash, Inc. (DASH) Valuation — DCF, Graham & Comparables

DoorDash, Inc. (DASH) — Price $178.99 (closing price, October 30, 2026) — Communication Services — Internet Content & Information — NASDAQ

Latest reported results:

Valuation dashboard for DoorDash, Inc. (DASH) with P/E 73.96, P/B 7.26, EV/EBITDA 33.7 and dividend yield 0.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Communication Services companies.

DoorDash, Inc. operates a comprehensive logistics platform globally and within the United States, linking merchants, consumers, and delivery personnel ('dashers'). Through its primary marketplaces, DoorDash and Wolt, the company provides essential services designed to help merchants overcome critical challenges, including customer acquisition, delivery logistics, data insights and analytics, merchandising support, payment processing, and customer assistance.

What would it be worth at its usual multiples?

No valuation verdict: it lacks ten years of earnings to compare it with, and today's P/E (74.0) is so far from its sector's (19.1) that it gives no reliable reference price.

Analysis Summary

DoorDash, Inc. reported revenue of $13.72B in the most recent fiscal year, growing at a 5-year CAGR of 36.6%.

Trailing-twelve-month margins: gross margin 51.9%, operating margin 7.0%, net margin 6.2%.

At $178.99 (closing price, October 30, 2026), DASH trades at a P/E of 73.96 and an ROE of 10.39%. Market capitalisation stands at $77.6B, placing it among large-cap names.

Balance sheet quality for DASH: debt-to-equity ratio of 0.31, current ratio of 1.46 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio73.96
Price / Book7.26
EV / EBITDA33.7
Dividend Yield0.00%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
DASHDoorDash, Inc.$77.6B73.967.2610.4%
CARTMaplebear Inc.$13.4B29.405.1219.3%
LYFTLyft, Inc.$6.1B2.352.03115.8%
UBERUber Technologies, Inc.$133.3B14.344.8635.7%
GOOGLAlphabet Inc.$3.4T14.615.0342.6%
GOOGAlphabet Inc.$3.4T14.525.0342.6%
METAMeta Platforms, Inc.$1.4T20.985.7630.3%
SPOTSpotify Technology S.A.$122.0B36.9010.9934.1%

Price

Price$178.99 (closing price, October 30, 2026)
Market Cap$77.6B
ExchangeNASDAQ
CountryUS

Profitability

Return on Equity10.39%
Return on Invested Capital8.02%
Return on Assets5.16%
Gross Margin51.91%
Operating Margin6.98%
Net Margin6.22%

Related companies: CART · LYFT · UBER · GOOGL · GOOG · META · SPOT · 0A28.L

Explore sector: Communication Services · Internet Content & Information

More sections of DASH: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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