Stock Analysis on Net

DoorDash, Inc. (NASDAQ:DASH)

$24.99

Return on Equity (ROE)
since 2020

Microsoft Excel

Calculation

DoorDash, Inc., ROE, 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 shows a fluctuating pattern with an overall improving trend towards the end of the period. Initially, the company experienced losses of -461 million USD in 2020 and -468 million USD in 2021. The loss significantly deepened in 2022, reaching -1,365 million USD. However, in 2023, losses decreased to -558 million USD, and by 2024, the company reported a positive net income of 123 million USD, indicating a turnaround from previous years' negative performance.
Stockholders’ Equity
Stockholders’ equity displayed a general upward trajectory, increasing from 4,700 million USD in 2020 to 7,803 million USD in 2024. Despite a minor decrease between 2020 and 2021, equity rose substantially in 2022 and continued growing moderately through 2023 and 2024, reflecting overall strengthening in the company's net asset base.
Return on Equity (ROE)
ROE metrics were consistently negative from 2020 through 2023, reflecting unprofitable operations relative to shareholder equity. The ROE started at -9.81% in 2020 and worsened to -20.21% in 2022. By 2023, the loss impact lessened, with ROE improving to -8.2%. In 2024, the company achieved a positive ROE of 1.58%, signaling improved profitability and a likely more efficient use of equity capital.
Summary of Trends and Insights
The financial data demonstrate an initially challenging period marked by substantial losses that intensified in 2022 but began to recover in the following years. The consistent rise in stockholders’ equity alongside the shift from negative to positive net income and ROE in 2024 highlights a transition towards financial stabilization and profitability. These trends suggest operational improvements, better cost management, or increased revenue generation resulting in a more favorable financial position by the end of the analyzed period.

Comparison to Competitors

DoorDash, Inc., ROE, 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., ROE, 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., ROE, 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).