DigitalOcean Holdings, Inc. Ratios | P/E, ROE & Valuation

On the Key Ratios page for DigitalOcean Holdings, Inc. (DOCN), the latest P/E of 41.6 frames valuation, while ROE 54.71% and ROIC 5.37% indicates profitability and capital efficiency. Together with the current ratio of 1.31 and debt-to-equity 1.61, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

DOCN Historical Per Share Metrics

8 years
Metric (FY)TTM2024202320222021202020192018
Revenue per Share$9.67$8.52$7.69$5.72$4.00$3.02$2.42$2.33
Net Income per Share$2.25$0.92$0.22$-0.24$-0.18$-0.41$-0.38$-0.41
Operating Cash Flow per Share$3.41$3.09$2.61$1.94$1.24$0.55$0.38$0.44
Free Cash Flow per Share$0.14$1.05$1.22$0.74$0.22$-0.55$-0.42$-0.27
Cash per Share$7.33$4.68$4.57$8.57$15.98$0.95$0.31$0.34
Book Value per Share$8.90$-2.21$-3.48$0.51$5.39$-0.68$-0.69$0.76
Tangible Book Value per Share$4.65$-7.30$-8.90$-3.79$4.69$-1.04$-1.00$0.37
Interest Debt per Share$14.59$18.60$18.46$16.31$13.68$2.60$1.90$1.63
CAPEX per Share$3.27$2.04$1.38$1.19$1.02$1.10$0.80$0.70

DOCN Historical Valuation Ratios

8 years
Metric (FY)TTM2024202320222021202020192018
Price to Earnings (P/E)41.6236.95170.4-105.73-441.57-102.72-110.8-102.86
Price to Book (P/B)11.79-15.38-10.5450.2614.89-62.08-61.92-65.12
Price to Sales (P/S)12.1344.774.4620.114.0617.5618.23
Enterprise Value to EBITDA34.7318.5330.2546.84113.12100.27142.08159.05
EV to Sales12.855.626.77.0519.5114.5618.1818.75
EV to Operating Cash Flow36.415.5219.7720.8262.8179.75116.12100.36
EV to Free Cash Flow873.1145.6242.1854.22348.17-80.54-103.9-163.48
Enterprise Value$12.99B$4.39B$4.65B$4.06B$8.36B$4.63B$4.63B$3.81B

DOCN Historical Profitability Ratios

8 years
Metric (FY)TTM2024202320222021202020192018
Return on Equity (ROE)54.71%-41.63%-6.19%-47.53%-3.37%60.43%55.88%63.31%
Return on Invested Capital (ROIC)5.37%5.26%0.64%-0.91%-0.58%-8.10%-12.59%-13.74%
Return on Tangible Assets8.78%7.21%2.00%-1.76%-0.96%-11.09%-14.96%-17.09%
Earnings Yield2.14%2.71%0.59%-0.95%-0.23%-0.97%-0.90%-0.97%
Free Cash Flow Yield0.12%3.08%3.33%2.92%0.28%-1.29%-1.00%-0.63%
Dividend Yield0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

DOCN Historical Liquidity & Financial Strength

8 years
Metric (FY)TTM2024202320222021202020192018
Current Ratio1.312.452.615.7630.391.750.840.8
Interest Coverage5.369.991.33-1.86-2.94-2.12-3.23-4.32
Income Quality1.423.3512.1-8.04-6.83-1.33-0.99-1.05
Debt to Equity1.61-8.35-5.2832.032.53-3.6-2.64-2.39
Debt to Assets47.99%103.42%113.32%90.10%69.62%60.36%63.16%55.47%
Net Debt to EBITDA1.965.358.7117.24-3.393.454.854.42

DOCN Historical Efficiency Ratios

8 years
Metric (FY)TTM2024202320222021202020192018
Receivables Turnover8.798.5711.1410.7110.828.3212.1612.38
Payables Turnover41.645.7771.7610.0313.4811.714.497.07
Inventory Turnover000000-37.790
Days Sales Outstanding41.5142.632.7634.0933.7443.8830.0129.48
Days Payables Outstanding8.7763.295.0936.4127.0831.1881.3151.66
Days of Inventory on Hand000000-9.660

DOCN Historical Market Metrics

8 years
Metric (FY)TTM2024202320222021202020192018
Enterprise Value to EBITDA34.7318.5330.2546.84113.12100.27142.08159.05
Market Cap$12.26B$3.12B$3.31B$2.57B$8.61B$4.48B$4.48B$3.70B
Enterprise Value$12.99B$4.39B$4.65B$4.06B$8.36B$4.63B$4.63B$3.81B
Dividend Yield0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Payout Ratio0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

How does DigitalOcean Holdings, Inc.’s P/E ratio compare with its history?

On this page, DOCN's current P/E is 41.6, compared with a multi-year average around 83.0. A lower P/E versus its own history is a calculated gap versus that average—not a conclusion that the stock is cheap. Pair it with profitability and earnings quality in the table (for example ROE/ROIC) to see whether the multiple moved with earnings.

What is DigitalOcean Holdings, Inc. market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $12.26B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does DigitalOcean Holdings, Inc.’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with DigitalOcean Holdings, Inc.'s own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does DigitalOcean Holdings, Inc. compare to its competitors in key financial ratios?

The fastest way to compare DigitalOcean Holdings, Inc. with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see DigitalOcean Holdings, Inc. outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do DigitalOcean Holdings, Inc.'s liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that DigitalOcean Holdings, Inc. is financially strong. Current ratio is about 1.31, which is above 1.0 and can indicate more comfortable short-term liquidity. Interest coverage is about 5.36, implying a stronger ability to cover interest expenses. Debt-to-equity is about 1.61, suggesting higher leverage than a low-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do DigitalOcean Holdings, Inc.'s financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If DigitalOcean Holdings, Inc. is sustaining strong returns (for example ROE at 54.71% and ROIC at 5.37%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.