Is DocuSign Stock Undervalued?
Digital signature software business DocuSign (NASDAQ:DOCU) has been struggling over…
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Revenue | $5.8B | $7.3B | $6.6B | $7B | $7.7B | |
| Revenue Growth (YoY) | 2.27% | 27.26% | -10.56% | 5.97% | 11.3% | |
| Cost of Revenues | $5.1B | $6.5B | $5.7B | $6B | $6.6B | |
| Gross Profit | $666M | $806M | $828M | $977M | $1.1B | |
| Gross Profit Margin | 11.55% | 10.98% | 12.61% | 14.05% | 14.25% | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $335M | $393M | $420M | $488M | $544M | |
| Other Inc / (Exp) | -$273M | -$173M | -$33M | -$536M | $107M | |
| Operating Expenses | $335M | $393M | $420M | $488M | $538M | |
| Operating Income | $331M | $413M | $408M | $489M | $565M | |
| Net Interest Expenses | $83M | $80M | $87M | $397M | $172M | |
| EBT. Incl. Unusual Items | -$25M | $146M | $284M | -$166M | $511M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $26M | $111M | $92M | $95M | $130M | |
| Net Income to Company | -$51M | $35M | $192M | -$261M | $381M | |
| Minority Interest in Earnings | $21M | $8M | $2M | $4M | $6M | |
| Net Income to Common Excl Extra Items | -$51M | $35M | $191M | -$261M | $380M | |
| Basic EPS (Cont. Ops) | -$0.51 | $0.19 | $1.36 | -$1.96 | $2.79 | |
| Diluted EPS (Cont. Ops) | -$0.51 | $0.19 | $1.26 | -$1.96 | $2.79 | |
| Weighted Average Basic Share | $142M | $140M | $139M | $135M | $134M | |
| Weighted Average Diluted Share | $142M | $141M | $156M | $135M | $134M | |
| EBITDA | $446M | $559M | $545M | $630M | $721M | |
| EBIT | $331M | $413M | $408M | $489M | $565M | |
| Revenue (Reported) | $5.8B | $7.3B | $6.6B | $7B | $7.7B | |
| Operating Income (Reported) | $331M | $413M | $408M | $489M | $565M | |
| Operating Income (Adjusted) | $331M | $413M | $408M | $489M | $565M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | $1.8B | $1.6B | $1.8B | $1.9B | $1.9B | |
| Revenue Growth (YoY) | 33.65% | -11.77% | 8.86% | 9.44% | -0.31% | |
| Cost of Revenues | $1.7B | $1.4B | $1.5B | $1.6B | $1.7B | |
| Gross Profit | $193M | $225M | $244M | $290M | $270M | |
| Gross Profit Margin | 10.47% | 13.84% | 13.79% | 14.97% | 13.98% | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $91M | $103M | $127M | $140M | $149M | |
| Other Inc / (Exp) | -$2M | $3M | -$80M | $25M | -- | |
| Operating Expenses | $91M | $103M | $127M | $140M | $149M | |
| Operating Income | $102M | $122M | $117M | $150M | $121M | |
| Net Interest Expenses | $20M | $23M | $144M | $37M | $45M | |
| EBT. Incl. Unusual Items | $80M | $100M | $5M | $134M | $152M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -$1M | |
| Income Tax Expense | $20M | $27M | $23M | $32M | $34M | |
| Net Income to Company | $60M | $73M | -$18M | $102M | $118M | |
| Minority Interest in Earnings | $3M | -$1M | $3M | $2M | $2M | |
| Net Income to Common Excl Extra Items | $60M | $73M | -$18M | $102M | $118M | |
| Basic EPS (Cont. Ops) | $0.41 | $0.53 | -$0.16 | $0.75 | $0.90 | |
| Diluted EPS (Cont. Ops) | $0.38 | $0.49 | -$0.16 | $0.75 | $0.90 | |
| Weighted Average Basic Share | $140M | $139M | $135M | $133M | $128M | |
| Weighted Average Diluted Share | $154M | $156M | $135M | $133M | $128M | |
| EBITDA | $140M | $155M | $151M | $191M | $164M | |
| EBIT | $102M | $122M | $117M | $150M | $121M | |
| Revenue (Reported) | $1.8B | $1.6B | $1.8B | $1.9B | $1.9B | |
| Operating Income (Reported) | $102M | $122M | $117M | $150M | $121M | |
| Operating Income (Adjusted) | $102M | $122M | $117M | $150M | $121M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | $6.3B | $7.5B | $6.8B | $7.3B | $8.1B | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $5.6B | $6.6B | $5.9B | $6.3B | $6.9B | |
| Gross Profit | $734M | $860M | $946M | $1B | $1.2B | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $359M | $425M | $475M | $508M | $594M | |
| Other Inc / (Exp) | -$228M | -$52M | -$466M | $46M | -- | |
| Operating Expenses | $359M | $425M | $475M | $508M | $591M | |
| Operating Income | $375M | $435M | $471M | $537M | $560M | |
| Net Interest Expenses | $85M | $85M | $350M | $130M | $210M | |
| EBT. Incl. Unusual Items | $60M | $281M | -$105M | $456M | $555M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -$33M | |
| Income Tax Expense | $78M | $113M | $82M | $133M | $138M | |
| Net Income to Company | -$16M | $168M | -$187M | $323M | $423M | |
| Minority Interest in Earnings | $8M | $1M | $6M | $3M | $4M | |
| Net Income to Common Excl Extra Items | -$18M | $168M | -$188M | $323M | $416M | |
| Basic EPS (Cont. Ops) | -$0.18 | $1.20 | -$1.45 | $2.39 | $3.08 | |
| Diluted EPS (Cont. Ops) | -$0.21 | $1.09 | -$1.57 | $2.39 | $3.08 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | $530M | $566M | $613M | $686M | $733M | |
| EBIT | $375M | $435M | $471M | $537M | $560M | |
| Revenue (Reported) | $6.3B | $7.5B | $6.8B | $7.3B | $8.1B | |
| Operating Income (Reported) | $375M | $435M | $471M | $537M | $560M | |
| Operating Income (Adjusted) | $375M | $435M | $471M | $537M | $560M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | $4.8B | $5B | $5.2B | $5.6B | $5.9B | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $4.3B | $4.3B | $4.5B | $4.8B | $5.1B | |
| Gross Profit | $568M | $622M | $740M | $808M | $858M | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $283M | $315M | $370M | $390M | $440M | |
| Other Inc / (Exp) | -$183M | -$62M | -$495M | $87M | $88M | |
| Operating Expenses | $283M | $315M | $370M | $390M | $440M | |
| Operating Income | $285M | $307M | $370M | $418M | $418M | |
| Net Interest Expenses | $62M | $64M | $327M | $100M | $138M | |
| EBT. Incl. Unusual Items | $38M | $176M | -$213M | $409M | $454M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -$33M | |
| Income Tax Expense | $76M | $79M | $69M | $107M | $115M | |
| Net Income to Company | -$36M | $97M | -$282M | $302M | $345M | |
| Minority Interest in Earnings | $7M | -- | $4M | $3M | $2M | |
| Net Income to Common Excl Extra Items | -$38M | $97M | -$283M | $302M | $338M | |
| Basic EPS (Cont. Ops) | -$0.32 | $0.70 | -$2.14 | $2.23 | $2.51 | |
| Diluted EPS (Cont. Ops) | -$0.35 | $0.59 | -$2.19 | $2.23 | $2.51 | |
| Weighted Average Basic Share | $422M | $418M | $407M | $402M | $389M | |
| Weighted Average Diluted Share | $439M | $452M | $424M | $402M | $389M | |
| EBITDA | $399M | $406M | $474M | $530M | $547M | |
| EBIT | $285M | $307M | $370M | $418M | $418M | |
| Revenue (Reported) | $4.8B | $5B | $5.2B | $5.6B | $5.9B | |
| Operating Income (Reported) | $285M | $307M | $370M | $418M | $418M | |
| Operating Income (Adjusted) | $285M | $307M | $370M | $418M | $418M | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $436M | $370M | $389M | $304M | $350M | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | $1.1B | $1.6B | $1.2B | $981M | $1.1B | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | $81M | $90M | $85M | $90M | $82M | |
| Other Current Assets | $18M | $36M | $55M | $66M | $61M | |
| Total Current Assets | $1.6B | $2.2B | $1.7B | $1.7B | $1.9B | |
| Property Plant And Equipment | $284M | $294M | $346M | $377M | $492M | |
| Long-Term Investments | $911M | $613M | $246M | $206M | $336M | |
| Goodwill | $1.8B | $2.1B | $2.1B | $2.1B | $2.6B | |
| Other Intangibles | $683M | $708M | $645M | $618M | $763M | |
| Other Long-Term Assets | $135M | $152M | $294M | $365M | $422M | |
| Total Assets | $5.7B | $6.2B | $5.6B | $5.6B | $6.7B | |
| Accounts Payable | $574M | $1B | $637M | $593M | $777M | |
| Accrued Expenses | $283M | $317M | $325M | $340M | $353M | |
| Current Portion Of Long-Term Debt | $17M | $16M | $364M | $31M | $36M | |
| Current Portion Of Capital Lease Obligations | $44M | $41M | $48M | $48M | $58M | |
| Other Current Liabilities | $52M | $65M | $123M | $142M | $156M | |
| Total Current Liabilities | $1.5B | $1.9B | $1.8B | $1.6B | $1.8B | |
| Long-Term Debt | $1.8B | $2.1B | $1.6B | $2B | $2.8B | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $4.1B | $4.5B | $3.9B | $4.2B | $5.2B | |
| Common Stock | -- | -- | -- | -- | -- | |
| Other Common Equity Adj | -$1.1B | -$881M | -$882M | -$915M | -$946M | |
| Common Equity | $1.6B | $1.7B | $1.6B | $1.4B | $1.5B | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $29M | $14M | $12M | $11M | $14M | |
| Total Equity | $1.6B | $1.7B | $1.6B | $1.4B | $1.5B | |
| Total Liabilities and Equity | $5.7B | $6.2B | $5.6B | $5.6B | $6.7B | |
| Cash and Short Terms | $436M | $370M | $389M | $304M | $350M | |
| Total Debt | $1.8B | $2.1B | $1.9B | $2B | $2.8B | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $550M | $461M | $348M | $462M | $539M | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | $1.5B | $1.1B | $1B | $1.1B | $1.1B | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | -- | -- | $82M | -- | -- | |
| Other Current Assets | $114M | $119M | $73M | $190M | -- | |
| Total Current Assets | $2.1B | $1.7B | $2.1B | $2B | $2.1B | |
| Property Plant And Equipment | $285M | $313M | $370M | $489M | $453M | |
| Long-Term Investments | $624M | $241M | $193M | $198M | $242M | |
| Goodwill | $1.8B | $2.1B | $2.1B | $2.6B | -- | |
| Other Intangibles | $635M | $633M | $618M | $885M | -- | |
| Other Long-Term Assets | $147M | $243M | $337M | $505M | -- | |
| Total Assets | $5.8B | $5.4B | $6B | $6.8B | $6.6B | |
| Accounts Payable | $964M | $557M | $687M | $737M | $733M | |
| Accrued Expenses | $318M | $322M | $308M | $397M | -- | |
| Current Portion Of Long-Term Debt | $16M | $15M | $239M | -- | -- | |
| Current Portion Of Capital Lease Obligations | $40M | $45M | $49M | -- | -- | |
| Other Current Liabilities | $62M | $74M | $427M | $266M | -- | |
| Total Current Liabilities | $1.8B | $1.4B | $2.1B | $1.8B | $1.8B | |
| Long-Term Debt | $1.8B | $1.9B | $1.7B | $2.8B | $2.8B | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $4.3B | $3.8B | $4.4B | $5.3B | $5.2B | |
| Common Stock | -- | -- | -- | -- | -- | |
| Other Common Equity Adj | -$1B | -$934M | -$861M | -$885M | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $14M | $6M | $11M | $11M | $5M | |
| Total Equity | $1.5B | $1.6B | $1.6B | $1.5B | $1.5B | |
| Total Liabilities and Equity | $5.8B | $5.4B | $6B | $6.8B | $6.6B | |
| Cash and Short Terms | $550M | $461M | $348M | $462M | $539M | |
| Total Debt | $1.8B | $1.9B | $1.9B | $2.8B | $2.8B | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -$51M | $35M | $192M | -$261M | $381M | |
| Depreciation & Amoritzation | $115M | $146M | $137M | $141M | $156M | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | $195M | -$524M | $426M | $12M | -$97M | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $367M | $278M | $396M | $331M | $462M | |
| Capital Expenditures | $20M | $37M | $71M | $80M | $77M | |
| Cash Acquisitions | $832M | $399M | $73M | -- | $748M | |
| Cash From Investing | -$877M | -$428M | $40M | -$70M | -$786M | |
| Dividends Paid (Ex Special Dividend) | $54M | $61M | $66M | $72M | $79M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $619M | $290M | $58M | $785M | $967M | |
| Long-Term Debt Repaid | -$281M | -$31M | -$174M | -$1.2B | -$222M | |
| Repurchase of Common Stock | $51M | $82M | $203M | $138M | $218M | |
| Other Financing Activities | -$12M | -$41M | -$14M | $483M | -$41M | |
| Cash From Financing | $225M | $87M | -$402M | -$359M | $384M | |
| Beginning Cash (CF) | $436M | $370M | $389M | $304M | $350M | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -$276M | -$66M | $19M | -$85M | $46M | |
| Ending Cash (CF) | $169M | $301M | $393M | $232M | $382M | |
| Levered Free Cash Flow | $347M | $241M | $325M | $251M | $385M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $60M | $73M | -$18M | $102M | $118M | |
| Depreciation & Amoritzation | $38M | $33M | $34M | $41M | $43M | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -$358M | $88M | $19M | $21M | $123M | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $122M | $122M | -$40M | $161M | $194M | |
| Capital Expenditures | $6M | $20M | $22M | $12M | $8M | |
| Cash Acquisitions | $14M | $73M | -- | $749M | $2M | |
| Cash From Investing | $16M | -$83M | -$52M | -$769M | $71M | |
| Dividends Paid (Ex Special Dividend) | $15M | $17M | $18M | $20M | $22M | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | -- | -- | $100M | $725M | -- | |
| Long-Term Debt Repaid | -$3M | -$4M | -$199M | -$50M | -- | |
| Repurchase of Common Stock | $25M | $50M | -- | $9M | $100M | |
| Other Financing Activities | -$24M | -$4M | -$7M | -$13M | -- | |
| Cash From Financing | -$66M | -$75M | -$124M | $643M | -$129M | |
| Beginning Cash (CF) | $550M | $461M | $348M | $462M | $539M | |
| Foreign Exchange Rate Adjustment | -$5M | -$19M | -$5M | $13M | -$1M | |
| Additions / Reductions | $67M | -$55M | -$191M | $48M | $135M | |
| Ending Cash (CF) | $612M | $387M | $152M | $523M | $673M | |
| Levered Free Cash Flow | $116M | $102M | -$62M | $149M | $186M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -$16M | $168M | -$187M | $323M | $423M | |
| Depreciation & Amoritzation | $155M | $131M | $142M | $149M | $173M | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -$195M | $331M | -$69M | $10M | -$73M | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $398M | $338M | $308M | $505M | $515M | |
| Capital Expenditures | $41M | $47M | $92M | $56M | $47M | |
| Cash Acquisitions | $837M | $458M | -- | $749M | $12M | |
| Cash From Investing | -$861M | -$320M | -$89M | -$788M | $10M | |
| Dividends Paid (Ex Special Dividend) | $59M | $65M | $70M | $78M | $83M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | -- | $488M | $1.3B | -- | |
| Long-Term Debt Repaid | -$26M | -$125M | -$597M | -$812M | -- | |
| Repurchase of Common Stock | $104M | $149M | $216M | $168M | $355M | |
| Other Financing Activities | -$39M | -$20M | $142M | $301M | -- | |
| Cash From Financing | $44M | -$63M | -$362M | $376M | -$441M | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -$399M | -$89M | -$113M | $114M | $77M | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | $357M | $291M | $216M | $449M | $468M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -$36M | $97M | -$282M | $302M | $345M | |
| Depreciation & Amoritzation | $114M | $99M | $104M | $112M | $129M | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -$391M | $464M | -$31M | -$33M | -$11M | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $276M | $336M | $248M | $422M | $475M | |
| Capital Expenditures | $29M | $39M | $60M | $36M | $24M | |
| Cash Acquisitions | $14M | $73M | -- | $749M | $13M | |
| Cash From Investing | -$22M | $86M | -$43M | -$761M | $35M | |
| Dividends Paid (Ex Special Dividend) | $45M | $49M | $53M | $59M | $63M | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | -- | -- | $430M | $917M | $373M | |
| Long-Term Debt Repaid | -$15M | -$109M | -$532M | -$144M | -$341M | |
| Repurchase of Common Stock | $57M | $124M | $137M | $167M | $304M | |
| Other Financing Activities | -$34M | -$13M | $143M | -$39M | -$6M | |
| Cash From Financing | -$140M | -$290M | -$250M | $485M | -$340M | |
| Beginning Cash (CF) | $1.5B | $1.4B | $1.3B | $1.2B | $1.4B | |
| Foreign Exchange Rate Adjustment | -- | -$41M | $4M | $12M | $19M | |
| Additions / Reductions | $114M | $91M | -$41M | $158M | $189M | |
| Ending Cash (CF) | $1.6B | $1.4B | $1.3B | $1.4B | $1.6B | |
| Levered Free Cash Flow | $247M | $297M | $188M | $386M | $451M | |
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Chip and software maker Broadcom (NASDAQ:AVGO) has been among the…
Market Cap: $4.6T
P/E Ratio: 64x
Market Cap: $4T
P/E Ratio: 37x
Market Cap: $3.8T
P/E Ratio: 39x
Hut 8 Corp. [HUT] is up 0.65% over the past day.
Travere Therapeutics, Inc. [TVTX] is up 14.03% over the past day.
Structure Therapeutics, Inc. [GPCR] is down 2.36% over the past day.