DoorDash runs an online platform that connects consumers with local merchants, mainly restaurants, grocery stores and retailers, for delivery and pickup. Independent couriers known as Dashers carry the orders, and merchants use the company's tools for ordering, payments and marketing. The service is available in the United States and several other countries, and the company also offers a paid membership called DashPass.
The business earns revenue mainly from commissions charged to merchants, delivery fees paid by consumers, membership fees and advertising. Over the last twelve months revenue was $15.9 billion, and it has grown at 27.7% a year across the last three years. The operating margin is 4.5%, and the business earns a profit of 14% on the capital invested in it. The company does not pay a dividend. On the site's X-Ray Score it receives 46 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
52-wk range $143.30 – $285.50Volume 3,020,500Daily, split-adjusted
Vitals
Market cap$83.1B
52-week range$143.30 – $285.50
Volume (last day)3,020,500
P/E (TTM)99.1
EBIT / EV yield0.9%
Free-cash-flow yield3.1%
Dividend yieldNo dividend
Revenue (TTM)$15.9B
Net income (TTM)$841M
Operating margin4.5%
Return on capital14.0%
Debt incl. leasesData missing
Cash & securities$5.3B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$74model spread $67 – $81
Data under review+0.0% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Earnings are far above the company's own 3-year history, so models would extrapolate a possible peak
Price $189
Undervalued < $51Fair $51 – $96Overvalued > $96
10-year DCF (market-scaled)
$110
Peer multiples
$40
Earnings power floor (not blended)
$-9
Fundamentals-adjusted multiple
$71
Growth the price implies
43.8%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Read the lenses below
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Consumer Discretionary peers. Open a lens to see the numbers behind it.
ValuationWeak
11/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield0.9%
Free-cash-flow yield3.1%
Fair value vs price0.4×
GrowthStrong
92/100
Growing faster than most of its sector.
See the numbers →
Revenue growth (3y)27.7%
Growth consistency100%
ProfitabilityWeak
37/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital14.0%
Operating margin4.5%
Financial healthFair
55/100
Balance sheet is in typical shape for its sector.
See the numbers →
Piotroski F-Score6 / 9
Interest coverNo interest cost
DividendsNone
–/100
Pays no dividend.
See the numbers →
Quarterly results: last 6 quarters
+20.7%Mar '25
+24.9%Jun '25
+27.3%Sep '25
+37.7%Dec '25
+33.1%Mar '26
+35.6%Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $4.5B, diluted EPS $0.46.
Fundamentals checklist
● 6 Good · ● 2 Average · ● 5 Bad
Cash quality
Earnings backed by cashGood
Free-cash-flow yieldBad
Risk models
Altman Z''Average
Piotroski F-ScoreAverage
Growth
Free-cash-flow growth (3y)Good
Revenue growth (3y)Good
Growth consistencyGood
Balance sheet
Current ratioGood
Interest coverGood
Valuation
Fair value vs priceBad
EBIT / EV yieldBad
Profitability
Return on invested capitalBad
Operating marginBad
Each check is graded against the company's sector, not a fixed number. Checklist score 50/100.
Financials
FY21
FY22
FY23
FY24
FY25
Revenue
$4.9B
$6.6B
$8.6B
$10.7B
$13.7B
Operating income
−$452M
−$1.1B
−$579M
−$38M
$723M
Net income
−$468M
−$1.4B
−$558M
$123M
$935M
Operating cash flow
$692M
$367M
$1.7B
$2.1B
$2.4B
Operating margin
-9.2%
-17.1%
-6.7%
-0.4%
5.3%
Free cash flow
$563M
$191M
$1.6B
$2.0B
$2.2B
Diluted EPS
$-1.39
$-3.68
$-1.42
$0.29
$2.13
Fiscal years, from SEC filings.
Technical summary
Daily
Bearish
2 bullish · 4 neutral · 10 bearish
Weekly
Bearish
4 bullish · 1 neutral · 7 bearish
Monthly
Neutral
3 bullish · 1 neutral · 4 bearish
Moving averages (daily)
SMA 10
191.8
Bearish
EMA 10
190.8
Bearish
SMA 20
189.7
Bearish
EMA 20
192.5
Bearish
SMA 50
204.9
Bearish
EMA 50
196.1
Bearish
SMA 100
191.7
Bearish
EMA 100
193.8
Bearish
SMA 200
184.8
Bullish
EMA 200
193.4
Bearish
Oscillators (daily)
RSI (14)
45.54
Neutral
MACD (12, 26)
-2.94
Bearish
Momentum (12)
3.05
Bullish
Stochastic %K (14)
53.73
Neutral
Williams %R (14)
-46.27
Neutral
CCI (20)
18.98
Neutral
Pivot points (classic, last session)
S3
175.2
S2
180.7
S1
184.9
Pivot
190.3
R1
194.6
R2
200.0
R3
204.3
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.