Stock Analysis on Net

DoorDash, Inc. (NASDAQ:DASH)

$24.99

Return on Assets (ROA)
since 2020

Microsoft Excel

Calculation

DoorDash, Inc., ROA, 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


Net Income (Loss) Attributable to Common Stockholders
The net income figures demonstrate a loss over most years, starting with a loss of $461 million in 2020 and slightly increasing in loss to $468 million in 2021. There was a significant deterioration in 2022 with a loss of $1,365 million, which then improved to a loss of $558 million in 2023. In 2024, the company returned to profitability with a net income of $123 million.
Total Assets
Total assets steadily increased across the entire period, rising from $6,353 million in 2020 to $12,845 million in 2024. The growth trend is consistent each year, showing the company’s expansion in asset base nearly doubling over the observed timeframe.
Return on Assets (ROA)
The ROA metric follows the net income trend, beginning with a negative return of -7.26% in 2020 and slightly improving to -6.87% in 2021. In 2022, ROA declined sharply to -13.94%, indicating a period of poor profitability relative to the asset base. There was a recovery in 2023 to -5.15%, and finally in 2024, ROA turned positive at 0.96%, reflecting improvements in asset utilization and profitability.
Overall Analysis
Throughout the period, the company experienced fluctuating profitability, marked by significant losses particularly in 2022. Despite these losses, the asset base expanded consistently, suggesting ongoing investment and growth. The positive shift in net income and ROA in 2024 indicates a potential turnaround and improved operational efficiency. However, the profit margin remains modest relative to asset size, implying cautious optimism going forward.

Comparison to Competitors

DoorDash, Inc., ROA, long-term trends, comparison to competitors

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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., ROA, long-term trends, comparison to sector (consumer services)

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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., ROA, long-term trends, comparison to industry (consumer discretionary)

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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).