TORVANTA
Consumer Discretionary · S&P 500 · data as of 2026-10-05

DASH stock analysis: DoorDash

DoorDash (DASH) is an S&P 500 company in Specialized Consumer Services. It grades weakest on profitability and value.

The model's view of DASH · subscribers

Where DASH ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with DASH · updated 2026-10-05 · from prices and SEC filings

DASH price performance

DASH against the S&P 500, one year
-40%-20%+0%+20%S&P 500 +18%DASH -30%2025-09-292026-10-05
Year to date-15.3%S&P 500 +14.5% · behind by 29.8 pts
1 year-29.3%S&P 500 +17.0% · behind by 46.3 pts
3 years+159.8%S&P 500 +89.3% · ahead by 70.6 pts
5 years-3.9%S&P 500 +91.3% · behind by 95.2 pts

Total returns with dividends reinvested.

DASH factor grades

Each grade compares DASH with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

D-ValueP/E 100.4x (sector 18.9x)FCF yield 3.1% (sector 5.3%)
B-GrowthRevenue growth +34% (sector +6%)EPS growth +6% (sector +5%)
C-ProfitabilityOperating margin 4.5% (sector 15.4%)ROIC 12.5% (sector 29.5%)
CMomentum12-month change -29%From 52-wk high -32%

DASH in plain numbers

DASH key statistics

SectorConsumer Discretionary
IndustrySpecialized Consumer Services
IndexS&P 500
Market value$84.3B
Revenue growth (y/y)+34%
Free-cash-flow yield3.1%
Dividend yieldn/a
Next earnings (expected)2026-11-04
Valuation measures
Market value$84.3B
Enterprise value$79.8B
P/E (trailing)100.4x
Forward P/E (Torvanta estimate)99.6x
Price / sales5.3x
Price / book8.5x
EV / revenue5.0x
EV / EBITDA46.6x
Financial highlights
Revenue, last 12 months$15.9B
Net income, last 12 months$841.0M
EPS, last 12 months (GAAP)$1.91
Operating margin4.5%
Net margin5.3%
Return on equity8.9%
Return on invested capital12.5%
Cash$4.4B
Total debt$0
Free cash flow, last 12 months$2.6B
Current ratio1.37x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

DASH earnings trends

Revenue vs earnings
$0$1.1B$2.2B$3.3B$4.5BSep 2024 Revenue: $2.7BDec 2024 Revenue: $2.9BMar 2025 Revenue: $3.0BJun 2025 Revenue: $3.3BSep 2025 Revenue: $3.4BDec 2025 Revenue: $4.0BMar 2026 Revenue: $4.0BJun 2026 Revenue: $4.5BSep 2024 Net income: $162.0MDec 2024 Net income: $141.0MMar 2025 Net income: $193.0MJun 2025 Net income: $285.0MSep 2025 Net income: $244.0MDec 2025 Net income: $213.0MMar 2026 Net income: $184.0MJun 2026 Net income: $200.0MSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 6.0%Net margin: 4.9%Net margin: 6.4%Net margin: 8.7%Net margin: 7.1%Net margin: 5.4%Net margin: 4.6%Net margin: 4.5%0%4%9%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$0.2$0.3$0.5$0.7Sep 2024 EPS (GAAP, diluted): $0.4Dec 2024 EPS (GAAP, diluted): $0.3Mar 2025 EPS (GAAP, diluted): $0.4Jun 2025 EPS (GAAP, diluted): $0.7Sep 2025 EPS (GAAP, diluted): $0.6Dec 2025 EPS (GAAP, diluted): $0.5Mar 2026 EPS (GAAP, diluted): $0.4Jun 2026 EPS (GAAP, diluted): $0.5Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 +45% · Dec 2025 +45% · Mar 2026 -5% · Jun 2026 -29%

From the company's 10-Q and 10-K filings with the SEC.

DoorDash financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$4.9B$6.6B$8.6B$10.7B$13.7B
Net income-$468.0M-$1.4B-$558.0M$123.0M$935.0M
EPS (GAAP)$-1.39$-3.67$-1.43$0.27$2.12
Free cash flow$563.0M$191.0M$1.6B$2.0B$2.2B

DASH earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-08-05$0.46-29%+36%+5.7%
2026-05-06$0.42-5%+33%+2.1%
2026-02-18$0.48+45%+38%+8.3%
2025-11-05$0.55+45%+27%-17.4%
2025-08-06$0.65n/a+25%+5.5%
2025-05-06$0.44n/a+21%-13.4%

About DoorDash

HeadquartersSan Francisco, CA
Industry (SEC code)Services-Business Services, Nec
Fiscal year endsDecember 31
Incorporated inNV
Listed onNasdaq
FormerlyDoorDash, Inc., DoorDash Inc

From the company's SEC registration record.

Companies similar to DASH

CompanyMarket valueP/ERevenue growthOperating margin12-month change
DASH DoorDash$84.3B100.4x+34%4.5%-29%
MAR Marriott$92.8B36.8x+5%15.8%+34%compare
RCL Royal Caribbean$73.6B17.0x+9%27.3%-11%compare
ABNB Airbnb$97.9Bn/a+14%20.8%+36%compare
ROST Ross Stores$72.3B27.4x+14%13.7%+50%
HLT Hilton$71.1B46.4x+9%23.3%+23%
LOW Lowes$100.7B15.2x+8%11.4%-26%

All Consumer Discretionary stock ratings

Frequently asked questions

Is DASH stock a buy?

Torvanta does not tell individuals what to buy. Its grades for DASH are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is DASH's P/E ratio?

DASH trades at about 100.4 times its last 12 months of GAAP earnings reported to the SEC, and about 99.6 times Torvanta's own estimate of the next 12 months.

When does DASH report earnings next?

Based on its filing history, Torvanta expects DoorDash to report around 2026-11-04.

How has DASH performed against the S&P 500?

Over the past year DASH returned -29.3%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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