Docusign solutions bring agreements to life, accelerating and simplifying the process of doing business. Docusign’s core offerings — our intelligent agreement management (“IAM”) platform, the world’s leading eSignature solution, and contract lifecycle management (“CLM”) solution — allow organizations to boost productivity, accelerate contract review cycles, and transform agreement data into insights and actions, while providing a better customer experience. Docusign’s IAM platform automates agreement workflows, uncovers actionable insights, and leverages AI capabilities, enabling organizations to create, commit, and manage agreements, from virtually anywhere in the world, securely. As of January 31, 2025, nearly 1.7 million customers and more than a billion users worldwide utilize Docusign to accelerate and simplify the process of doing business. We offer subscriptions to our products to businesses at all scales, from global enterprises down to very small businesses (“VSBs”).
| Metric | TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|---|
| Revenue | 3.2B | 3.2B | 3.0B | 2.8B | 2.5B | 2.1B |
| Net Income | 309M | 309M | 1.1B | 74M | -97M | -70M |
| EPS | $1.48 | $1.48 | $5.08 | $0.36 | $-0.49 | $-0.36 |
| Free Cash Flow | 1.1B | 1.1B | 920M | 887M | 429M | 445M |
| ROIC | 20.2% | 19.9% | 68.2% | 7.5% | -12.1% | -7.0% |
| Gross Margin | 79.4% | 79.4% | 79.1% | 79.3% | 78.7% | 77.9% |
| Debt/Equity | 0.00 | 1.21 | 1.00 | 0.00 | 1.17 | 2.61 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 299M | 299M | 200M | 32M | -88M | -62M |
| Operating Margin | 9.3% | 9.3% | 6.7% | 1.1% | -3.5% | -2.9% |
| ROE | 16.1% | 15.8% | 68.2% | 8.5% | -21.8% | -23.3% |
| Shares Outstanding | 209M | 209M | 210M | 206M | 199M | 194M |
DOCUSIGN, INC. passes 4 of 9 quality checks, suggesting mixed fundamentals.
DOCUSIGN, INC. trades at 31.2x trailing earnings, compared to its 15-year median P/E of 19.2x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 9.0x vs a median of 24.9x. The company's 5-year average ROIC is 15.3% with a gross margin of 78.9%. Total shareholder yield (buybacks) is 9.3%. At current prices, the estimated annualized return to fair value is +57.5%.
DOCUSIGN, INC. (DOCU) has a current P/E ratio of 31.2, compared to its historical median P/E of 19.2. The stock is currently considered Expensive based on its historical valuation range.
DOCUSIGN, INC. (DOCU) has a 5-year average return on invested capital (ROIC) of 15.3%. This indicates strong capital allocation and a potential competitive advantage.
DOCUSIGN, INC. (DOCU) has a market capitalization of $9.3B. It is classified as a mid-cap stock.
DOCUSIGN, INC. (DOCU) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 9.32%.
Based on historical P/E analysis, DOCUSIGN, INC. (DOCU) appears expensive. The current P/E of 31.2 is 62% above its historical median of 19.2. The estimated fair value CAGR (P/E method) is 151.5%.
DOCUSIGN, INC. (DOCU) operates in the Services-Prepackaged Software industry, within the Technology sector.
DOCUSIGN, INC. (DOCU) reported annual revenue of $3.2 billion in its most recent fiscal year, based on SEC EDGAR filings.
DOCUSIGN, INC. (DOCU) has a net profit margin of 9.6%. This is a modest margin.
DOCUSIGN, INC. (DOCU) generated $1.1 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
DOCUSIGN, INC. (DOCU) has a debt-to-equity ratio of 1.21. This indicates moderate leverage.
DOCUSIGN, INC. (DOCU) reported earnings per share (EPS) of $1.48 in its most recent fiscal year.
DOCUSIGN, INC. (DOCU) has a return on equity (ROE) of 15.8%. This indicates the company generates strong returns for shareholders.
DOCUSIGN, INC. (DOCU) has a 5-year average gross margin of 78.9%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 10 years of financial data for DOCUSIGN, INC. (DOCU), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
DOCUSIGN, INC. (DOCU) has a book value per share of $9.18, based on its most recent annual SEC filing.