Valuation dashboard for Q2 Holdings, Inc. (QTWO) with P/E 42.15, P/B 6.73, EV/EBITDA 26.0 and dividend yield 0.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Technology companies.
Q2 Holdings, Inc. provides a comprehensive array of cloud-based digital banking platforms, primarily serving regional and community financial institutions (RCFIs) across the United States. Its extensive product lineup covers various facets of digital finance. For consumers, the company offers Q2 Consumer Banking, a browser-accessible solution featuring fully branded digital banking capabilities.
What would it be worth at its usual multiples?
Versus its usual multiples: expensive · Current P/E 42.1× · Multiples range: $53.23 · $53.23.
At its sector median (31.5×) $53 (-25 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
Analysis Summary
Q2 Holdings, Inc. reported revenue of $794.8M in the most recent fiscal year, growing at a 5-year CAGR of 14.6%.
Trailing-twelve-month margins: gross margin 58.4%, operating margin 12.6%, net margin 12.7%.
At $71.23 (closing price, November 3, 2026), QTWO trades at a P/E of 42.15 and an ROE of 17.11%. Market capitalisation stands at $4.4B.
Balance sheet quality for QTWO: debt-to-equity ratio of 0.06, current ratio of 1.01 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 Ratio | 42.15 |
| Price / Book | 6.73 |
| EV / EBITDA | 26.0 |
| Dividend Yield | 0.00% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| QTWO | Q2 Holdings, Inc. | $4.4B | 42.15 | 6.73 | 17.1% |
| NAVN | Navan, Inc. | $6.1B | 4.95 | -27.9% | |
| DAVE | Dave Inc. | $4.0B | 20.41 | 19.26 | 84.4% |
| PTRN | Pattern Group Inc. Series A Common Stock | $2.6B | 4.55 | -23.1% | |
| AGYS | Agilysys, Inc. | $3.4B | 76.84 | 9.43 | 13.3% |
| COMP | Compass, Inc. | $7.1B | 86.78 | 1.79 | 3.6% |
| ZETA | Zeta Global Holdings Corp. | $7.7B | 7.33 | -0.3% | |
| CALX | Calix, Inc. | $2.1B | 48.19 | 2.99 | 6.1% |
Price
| Price | $71.23 (closing price, November 3, 2026) |
| Market Cap | $4.4B |
| Exchange | NYSE |
| Country | US |
Profitability
| Return on Equity | 17.11% |
| Return on Invested Capital | 14.14% |
| Return on Assets | 10.97% |
| Gross Margin | 58.40% |
| Operating Margin | 12.61% |
| Net Margin | 12.66% |
Related companies: NAVN · DAVE · PTRN · AGYS · COMP · ZETA · CALX
Explore sector: Technology · Software - Application
More sections of QTWO: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events
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