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Duolingo (DUOL)
NASDAQ:DUOL
US Market
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Duolingo (DUOL) Ratios

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Duolingo Ratios

DUOL's free cash flow for Q3 2025 was $0.72. For the 2025 fiscal year, DUOL's free cash flow was decreased by $ and operating cash flow was $0.13. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
2.82 3.24 3.84 5.20 2.41
Quick Ratio
2.82 3.24 3.64 5.20 2.20
Cash Ratio
2.09 2.70 3.35 4.65 1.83
Solvency Ratio
0.69 0.08 -0.27 -0.39 -0.05
Operating Cash Flow Ratio
0.75 0.55 0.30 0.08 0.27
Short-Term Operating Cash Flow Coverage
89.50 -46.31 0.00 0.00 0.00
Net Current Asset Value
$ 789.01M$ 599.34M$ 491.91M$ 471.02M$ -98.05M
Leverage Ratios
Debt-to-Assets Ratio
0.05 0.03 0.04 0.04 0.05
Debt-to-Equity Ratio
0.07 0.04 0.05 0.06 -0.11
Debt-to-Capital Ratio
0.07 0.04 0.05 0.05 -0.13
Long-Term Debt-to-Capital Ratio
0.00 0.00 0.00 0.00 0.00
Financial Leverage Ratio
1.44 1.46 1.38 1.29 -2.18
Debt Service Coverage Ratio
87.56 2.27 -8.43 0.00 0.00
Interest Coverage Ratio
0.00 0.00 -9.01 0.00 0.00
Debt to Market Cap
<0.01 >-0.01 0.00 0.00 0.00
Interest Debt Per Share
2.13 0.54 0.90 0.76 0.26
Net Debt to EBITDA
-7.60 124.03 9.66 9.16 8.09
Profitability Margins
Gross Profit Margin
71.99%73.24%73.09%72.41%71.56%
EBIT Margin
10.99%-2.50%-17.64%-23.93%-9.90%
EBITDA Margin
12.47%-1.10%-16.25%-22.84%-8.51%
Operating Profit Margin
10.99%-2.50%-17.64%-23.93%-9.90%
Pretax Profit Margin
15.58%3.35%-15.87%-23.91%-9.71%
Net Profit Margin
40.03%3.03%-16.12%-23.98%-9.76%
Continuous Operations Profit Margin
40.03%3.03%-16.12%-23.98%-9.76%
Net Income Per EBT
256.90%90.38%101.60%100.30%100.43%
EBT Per EBIT
141.76%-134.07%89.94%99.92%98.11%
Return on Assets (ROA)
20.47%1.68%-7.97%-9.09%-8.98%
Return on Equity (ROE)
38.57%2.45%-10.99%-11.72%19.55%
Return on Capital Employed (ROCE)
7.57%-1.96%-11.53%-11.07%-14.55%
Return on Invested Capital (ROIC)
19.38%-1.74%-11.61%-11.03%-14.47%
Return on Tangible Assets
21.18%1.72%-8.11%-9.16%-9.10%
Earnings Yield
4.34%0.15%-2.12%-1.48%-0.32%
Efficiency Ratios
Receivables Turnover
4.21 5.97 7.91 7.56 7.91
Payables Turnover
75.69 58.07 84.48 8.85 20.94
Inventory Turnover
0.00 0.00 2.84 34.59M 3.39
Fixed Asset Turnover
9.28 17.19 10.42 6.86 11.15
Asset Turnover
0.51 0.56 0.49 0.38 0.92
Working Capital Turnover Ratio
1.11 0.94 0.73 0.85 2.32
Cash Conversion Cycle
81.84 54.86 170.47 7.02 136.56
Days of Sales Outstanding
86.66 61.15 46.16 48.27 46.16
Days of Inventory Outstanding
0.00 0.00 128.63 <0.01 107.82
Days of Payables Outstanding
4.82 6.29 4.32 41.24 17.43
Operating Cycle
86.66 61.15 174.79 48.27 153.99
Cash Flow Ratios
Operating Cash Flow Per Share
7.98 3.30 1.36 0.24 0.49
Free Cash Flow Per Share
7.76 3.01 1.10 0.08 0.38
CapEx Per Share
0.22 0.29 0.26 0.16 0.11
Free Cash Flow to Operating Cash Flow
0.97 0.91 0.81 0.32 0.77
Dividend Paid and CapEx Coverage Ratio
37.10 11.23 5.30 1.48 4.41
Capital Expenditure Coverage Ratio
37.10 11.23 5.30 1.48 4.41
Operating Cash Flow Coverage Ratio
3.74 6.14 1.89 0.31 1.92
Operating Cash Flow to Sales Ratio
0.38 0.29 0.15 0.04 0.11
Free Cash Flow Yield
3.93%1.33%1.55%0.07%0.27%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
23.13 656.84 -47.13 -67.53 -316.26
Price-to-Sales (P/S) Ratio
9.39 19.87 7.60 16.19 30.86
Price-to-Book (P/B) Ratio
6.83 16.10 5.18 7.92 -61.83
Price-to-Free Cash Flow (P/FCF) Ratio
25.56 75.42 64.49 1.37K 364.35
Price-to-Operating Cash Flow Ratio
24.54 68.70 52.32 442.86 281.76
Price-to-Earnings Growth (PEG) Ratio
0.10 -5.33 12.33 -0.26 -43.22
Price-to-Fair Value
6.83 16.10 5.18 7.92 -61.83
Enterprise Value Multiple
67.67 -1.69K -37.11 -61.74 -354.64
Enterprise Value
8.09B 9.83B 2.23B 3.54B 4.88B
EV to EBITDA
67.32 -1.69K -37.11 -61.74 -354.64
EV to Sales
8.39 18.51 6.03 14.10 30.17
EV to Free Cash Flow
22.86 70.26 51.17 1.19K 356.22
EV to Operating Cash Flow
22.25 64.00 41.52 385.63 275.48
Tangible Book Value Per Share
27.28 13.66 13.42 13.29 -2.31
Shareholders’ Equity Per Share
28.67 14.09 13.73 13.41 -2.25
Tax and Other Ratios
Effective Tax Rate
-1.57 0.10 -0.02 >-0.01 >-0.01
Revenue Per Share
21.14 11.42 9.36 6.55 4.51
Net Income Per Share
8.46 0.35 -1.51 -1.57 -0.44
Tax Burden
2.57 0.90 1.02 1.00 1.00
Interest Burden
1.42 -1.34 0.90 1.00 0.98
Research & Development to Revenue
0.30 0.37 0.41 0.41 0.33
SG&A to Revenue
0.19 0.25 0.32 0.31 0.27
Stock-Based Compensation to Revenue
0.14 0.18 0.20 0.16 0.11
Income Quality
0.94 9.56 -0.90 -0.15 -1.12
Currency in USD
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