Stock Analysis on Net

DoorDash, Inc. (NASDAQ:DASH)

$24.99

Net Profit Margin
since 2020

Microsoft Excel

Calculation

DoorDash, Inc., net profit margin, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

1 US$ in millions


The financial data over the five-year period reveals several noteworthy trends. Revenue demonstrates consistent and substantial growth, increasing from $2,886 million in 2020 to $10,722 million in 2024. This upward trajectory indicates expanding business operations and potentially increasing market share.

Net income attributable to common stockholders has experienced significant fluctuations. Initially, losses were recorded in 2020 and 2021, with net losses of $461 million and $468 million, respectively. The loss significantly deepened in 2022, reaching $1,365 million. However, there was substantive improvement in the following years, with losses reduced to $558 million in 2023 and transitioning to a positive net income of $123 million by 2024. This pattern suggests phases of investment or operational challenges, followed by a return to profitability.

The net profit margin reflects a similar trajectory. Negative margins dominated from 2020 through 2023, starting at -15.97% in 2020 and worsening to -20.74% in 2022, before improving to -6.46% in 2023. By 2024, the margin turned positive at 1.15%, corroborating the improved net income performance and suggesting enhanced operational efficiencies or better cost control relative to revenue growth.

Revenue Growth
Consistent annual increases, showing strong expansion from $2.9 billion to $10.7 billion over five years.
Net Income Trends
Initial and substantial losses peaked in 2022, with marked recovery in 2023 and profitability achieved in 2024.
Profit Margin Evolution
Persistent negative margins early on improved steadily, culminating in a slight positive margin by 2024.

Comparison to Competitors

DoorDash, Inc., net profit margin, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).


Comparison to Sector (Consumer Services)

DoorDash, Inc., net profit margin, long-term trends, comparison to sector (consumer services)

Microsoft Excel

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).


Comparison to Industry (Consumer Discretionary)

DoorDash, Inc., net profit margin, long-term trends, comparison to industry (consumer discretionary)

Microsoft Excel

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).