Price to Earnings (P/E)
since 2020
Calculation
DoorDash, Inc., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net income (loss) attributable to DoorDash, Inc. common stockholders1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 14, 2025 | 728.78 | = | 213.38 | ÷ | 0.29 | 0.29 | = | 123 | ÷ | 420,096,084 | |
| Feb 20, 2024 | — | = | 115.48 | ÷ | -1.38 | -1.38 | = | -558 | ÷ | 404,004,211 | |
| Feb 27, 2023 | — | = | 54.19 | ÷ | -3.48 | -3.48 | = | -1,365 | ÷ | 392,075,689 | |
| Mar 1, 2022 | — | = | 102.43 | ÷ | -1.34 | -1.34 | = | -468 | ÷ | 348,411,427 | |
| Mar 5, 2021 | — | = | 151.48 | ÷ | -1.43 | -1.43 | = | -461 | ÷ | 321,463,740 |
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$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of DoorDash, Inc. Annual Report.
The share price of the company exhibited considerable volatility over the analyzed periods. Initially, it decreased substantially from 151.48 US dollars to 54.19 US dollars between March 2021 and February 2023. Following this decline, there was a marked reversal in trend with the share price increasing sharply to 213.38 US dollars by February 2025, surpassing the initial value recorded in March 2021.
Earnings per share (EPS) demonstrated persistent negative values from March 2021 through February 2024, indicating consistent losses. EPS initially improved slightly from -1.43 in March 2021 to -1.34 in March 2022 but then deteriorated significantly to -3.48 in February 2023. Subsequent improvement was observed, with EPS improving to -1.38 in February 2024 and then turning positive at 0.29 in February 2025. This indicates a turnaround in profitability during the last reported period.
The price-to-earnings (P/E) ratio is only available for the final period, recorded at 728.78. This extraordinarily high value likely reflects the recent positive EPS coupled with a comparatively high share price, suggesting market optimism or expectations of future growth despite the company's recent history of losses.
- Summary of trends:
- - The share price experienced a sharp decline followed by a significant recovery, ending at a new high compared to the initial measurement.
- - Earnings per share were negative and volatile, with a substantial loss in the middle period followed by a return to profitability in the latest period.
- - The price-to-earnings ratio for the most recent period is notably elevated, likely driven by the recent positive earnings and high share price.
Comparison to Competitors
DoorDash, Inc., P/E, long-term trends, comparison to competitors
| DoorDash, Inc. | Airbnb Inc. | Booking Holdings Inc. | Chipotle Mexican Grill Inc. | McDonald’s Corp. | Starbucks Corp. | |
|---|---|---|---|---|---|---|
| Feb 14, 2025 | 728.78 | 33.58 | 28.00 | 50.81 | 27.00 | 29.62 |
| Feb 20, 2024 | — | 20.59 | 31.09 | 58.48 | 25.23 | 29.09 |
| Feb 27, 2023 | — | 44.53 | 29.87 | 49.37 | 31.22 | 34.26 |
| Mar 1, 2022 | — | — | 86.68 | 67.03 | 24.15 | 30.95 |
| Mar 5, 2021 | — | — | 1,696.44 | 122.18 | 33.31 | 118.26 |
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., P/E, long-term trends, comparison to sector (consumer services)
| DoorDash, Inc. | Consumer Services | |
|---|---|---|
| Feb 14, 2025 | 728.78 | 34.04 |
| Feb 20, 2024 | — | 30.62 |
| Feb 27, 2023 | — | 39.20 |
| Mar 1, 2022 | — | 46.48 |
| Mar 5, 2021 | — | 569.28 |
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., P/E, long-term trends, comparison to industry (consumer discretionary)
| DoorDash, Inc. | Consumer Discretionary | |
|---|---|---|
| Feb 14, 2025 | 728.78 | 112.42 |
| Feb 20, 2024 | — | 33.63 |
| Feb 27, 2023 | — | 46.01 |
| Mar 1, 2022 | — | 39.27 |
| Mar 5, 2021 | — | 73.74 |
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).