Doximity Key Fundamental Indicators

DOCS Stock  USD 35.25  0.40  1.15%   
As of the 5th of February, Doximity shows the Mean Deviation of 2.1, variance of 9.84, and Standard Deviation of 3.14. Doximity technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Doximity market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Doximity is priced favorably, providing market reflects its regular price of 35.25 per share. Given that Doximity has information ratio of (0.30), we urge you to verify Doximity's prevailing market performance to make sure the company can sustain itself at a future point.

Doximity Total Revenue

348.45 Million

Doximity's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Doximity's valuation are provided below:
Gross Profit
560.5 M
Profit Margin
0.4072
Market Capitalization
6.6 B
Enterprise Value Revenue
9.1645
Revenue
621.3 M
There are over one hundred nineteen available fundamental signals for Doximity, which can be analyzed over time and compared to other ratios. All traders should verify Doximity's prevailing fundamentals against the performance from 2010 to 2026 and make sure the trends continue to evolve in the right direction. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
At this time, Doximity's Income Before Tax is comparatively stable compared to the past year. Total Other Income Expense Net is likely to gain to about 43.2 M in 2026, whereas Selling General Administrative is likely to drop slightly above 29.4 M in 2026.
  
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Doximity Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets777.7 M1.5 B463.1 M
Slightly volatile
Other Current Liabilities28.6 M42.6 M32.2 M
Slightly volatile
Total Current Liabilities117.8 M179.7 M79.4 M
Slightly volatile
Total Stockholder Equity1.3 B1.2 B405 M
Slightly volatile
Other Liabilities21 M20 M5.8 M
Slightly volatile
Property Plant And Equipment Net15.6 M25.9 M8.9 M
Slightly volatile
Accounts Payable1.4 M1.6 M1.2 M
Slightly volatile
Cash253.1 M241.1 M87.6 M
Slightly volatile
Non Current Assets Total102.5 M202 M57.8 M
Slightly volatile
Non Currrent Assets OtherM2.4 M1.7 M
Slightly volatile
Other Assets61.4 M58.4 M20.5 M
Slightly volatile
Cash And Short Term Investments567.1 M1.1 B336.9 M
Slightly volatile
Net Receivables80.1 M147.6 M50.6 M
Slightly volatile
Common Stock Shares Outstanding212.6 M231.4 M191.2 M
Slightly volatile
Short Term Investments453.1 M812 M257.5 M
Slightly volatile
Liabilities And Stockholders Equity777.7 M1.5 B463 M
Slightly volatile
Other Current Assets28 M51.3 M17.9 M
Slightly volatile
Other Stockholder Equity1.1 BB319.5 M
Slightly volatile
Total Liabilities157.7 M208.9 M98.4 M
Slightly volatile
Total Current Assets675.2 M1.3 B405.3 M
Slightly volatile
Intangible Assets15.8 M26.5 M8.6 M
Slightly volatile
Common Stock148.7 K217.3 K92.7 K
Slightly volatile
Property Plant Equipment30.3 M28.9 M10.1 M
Slightly volatile
Short and Long Term Debt Total8.7 M14.3 M5.3 M
Slightly volatile
Current Deferred Revenue97.4 M131.4 M68.2 M
Slightly volatile
Common Stock Total Equity83 K95.5 K74.9 K
Slightly volatile
Non Current Liabilities Total33.9 M22.9 M61.7 M
Slightly volatile
Capital Lease Obligations8.7 M14.3 M5.3 M
Slightly volatile
Net Invested Capital714.4 M1.2 B345.1 M
Slightly volatile
Property Plant And Equipment Gross57.3 M54.6 M18.7 M
Slightly volatile
Capital Stock167.4 K217.3 K112.3 K
Slightly volatile
Net Working Capital641.9 M1.1 B342.4 M
Slightly volatile
Short Term Debt1.8 M2.5 M1.9 M
Very volatile
Non Current Liabilities Other11.5 M17.2 M5.3 M
Slightly volatile

Doximity Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Interest Income43.3 M41.2 M9.7 M
Slightly volatile
Interest Income43.3 M41.2 M9.7 M
Slightly volatile
Depreciation And Amortization6.5 M12.3 M3.8 M
Slightly volatile
Interest Expense9.7 M9.3 M3.4 M
Slightly volatile
Selling General Administrative29.4 M52.5 M19.3 M
Slightly volatile
Selling And Marketing Expenses98.8 M167.6 M68.2 M
Slightly volatile
Total Revenue348.4 M656 M229.8 M
Slightly volatile
Gross Profit308.1 M591.7 M203.5 M
Slightly volatile
Other Operating Expenses236.5 M394 M162.7 M
Slightly volatile
Operating Income275.1 M262 M76.8 M
Slightly volatile
Net Income From Continuing Ops269.5 M256.7 M77.4 M
Slightly volatile
EBIT277.9 M264.6 M77.7 M
Slightly volatile
Research Development66.2 M107 M47.9 M
Slightly volatile
EBITDA290.7 M276.9 M81.9 M
Slightly volatile
Cost Of Revenue40.4 M64.3 M26.4 M
Slightly volatile
Total Operating Expenses196.1 M329.7 M136.3 M
Slightly volatile
Reconciled Depreciation6.5 M12.3 M3.8 M
Slightly volatile
Income Before Tax318.3 M303.1 M86.5 M
Slightly volatile
Total Other Income Expense Net43.2 M41.1 M9.7 M
Slightly volatile
Net Income Applicable To Common Shares70.9 M129.7 M44.3 M
Slightly volatile
Net Income269.5 M256.7 M77.4 M
Slightly volatile

Doximity Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation87.4 M83.2 M23.8 M
Slightly volatile
Free Cash Flow322.1 M306.8 M93.9 M
Slightly volatile
Begin Period Cash Flow85.2 M111.3 M55.9 M
Slightly volatile
Depreciation7.6 M12.3 M4.3 M
Slightly volatile
Capital Expenditures5.4 M7.5 M3.3 M
Slightly volatile
Total Cash From Operating Activities330 M314.3 M97.3 M
Slightly volatile
Net Income269.5 M256.7 M77.4 M
Slightly volatile
End Period Cash Flow253.1 M241.1 M87.6 M
Slightly volatile
Change To Liabilities18.9 M20.2 M12.1 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio20.7721.8673.6302
Slightly volatile
PTB Ratio10.9411.52615
Very volatile
Days Sales Outstanding65.7473.9272.6912
Slightly volatile
Book Value Per Share5.485.212.0233
Slightly volatile
Free Cash Flow Yield0.0130.02210.0095
Slightly volatile
Operating Cash Flow Per Share1.381.320.4825
Slightly volatile
Stock Based Compensation To Revenue0.05980.110.0536
Slightly volatile
Capex To Depreciation0.670.71.6981
Slightly volatile
PB Ratio10.9411.52615
Very volatile
EV To Sales20.3921.4673.2652
Slightly volatile
Free Cash Flow Per Share1.351.280.4642
Slightly volatile
ROIC0.20.17370.1634
Slightly volatile
Net Income Per Share1.131.080.385
Slightly volatile
Payables Turnover26.7837.0823.0073
Slightly volatile
Sales General And Administrative To Revenue0.06640.07210.0826
Slightly volatile
Research And Ddevelopement To Revenue0.240.190.2657
Slightly volatile
Capex To Revenue0.020.01320.016
Pretty Stable
Cash Per Share2.264.411.7165
Slightly volatile
POCF Ratio43.3545.63377
Slightly volatile
Capex To Operating Cash Flow0.02610.02750.065
Slightly volatile
PFCF Ratio44.4146.74410
Slightly volatile
Days Payables Outstanding19.1510.1923.6923
Slightly volatile
Income Quality1.471.411.6401
Slightly volatile
ROE0.230.241.7362
Very volatile
EV To Operating Cash Flow42.5644.8375
Slightly volatile
PE Ratio53.0755.87699
Slightly volatile
Return On Tangible Assets0.130.170.1275
Slightly volatile
EV To Free Cash Flow43.645.89408
Slightly volatile
Earnings Yield0.01090.01850.0077
Slightly volatile
Intangibles To Total Assets0.04530.06480.032
Slightly volatile
Current Ratio3.976.273.6838
Slightly volatile
Tangible Book Value Per Share5.024.781.862
Slightly volatile
Receivables Turnover4.945.115.0796
Slightly volatile
Graham Number11.7911.234.0985
Slightly volatile
Shareholders Equity Per Share5.485.212.0225
Slightly volatile
Debt To Equity0.01250.01321.1874
Slightly volatile
Capex Per Share0.02150.03140.0173
Slightly volatile
Revenue Per Share1.382.751.1764
Slightly volatile
Interest Debt Per Share0.03340.05970.0268
Slightly volatile
Debt To Assets0.00790.00880.0132
Slightly volatile
Enterprise Value Over EBITDA48.350.85731
Slightly volatile
Price Earnings Ratio53.0755.87699
Slightly volatile
Operating Cycle65.7473.9272.6912
Slightly volatile
Price Book Value Ratio10.9411.52615
Very volatile
Days Of Payables Outstanding19.1510.1923.6923
Slightly volatile
Price To Operating Cash Flows Ratio43.3545.63377
Slightly volatile
Price To Free Cash Flows Ratio44.4146.74410
Slightly volatile
Pretax Profit Margin0.240.420.2044
Slightly volatile
Ebt Per Ebit0.871.041.1014
Slightly volatile
Operating Profit Margin0.220.360.184
Slightly volatile
Company Equity Multiplier1.281.348.7891
Very volatile
Total Debt To Capitalization0.01240.0130.398
Slightly volatile
Return On Capital Employed0.220.240.1762
Slightly volatile
Debt Equity Ratio0.01250.01321.1874
Slightly volatile
Ebit Per Revenue0.220.360.184
Slightly volatile
Quick Ratio3.976.273.6838
Slightly volatile
Dividend Paid And Capex Coverage Ratio39.5837.6920.1222
Slightly volatile
Net Income Per E B T1.10.970.9965
Very volatile
Cash Ratio0.751.210.9191
Pretty Stable
Cash Conversion Cycle51.8165.9549.4365
Slightly volatile
Operating Cash Flow Sales Ratio0.280.430.271
Slightly volatile
Days Of Sales Outstanding65.7473.9272.6912
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.750.880.9163
Pretty Stable
Cash Flow Coverage Ratios44.0125.3524.2765
Slightly volatile
Price To Book Ratio10.9411.52615
Very volatile
Fixed Asset Turnover31.3229.144.7339
Slightly volatile
Capital Expenditure Coverage Ratio39.5837.6920.1222
Slightly volatile
Price Cash Flow Ratio43.3545.63377
Slightly volatile
Enterprise Value Multiple48.350.85731
Slightly volatile
Debt Ratio0.00790.00880.0132
Slightly volatile
Cash Flow To Debt Ratio44.0125.3524.2765
Slightly volatile
Price Sales Ratio20.7721.8673.6302
Slightly volatile
Return On Assets0.120.160.1222
Slightly volatile
Asset Turnover0.670.520.7863
Slightly volatile
Net Profit Margin0.230.350.1954
Slightly volatile
Gross Profit Margin0.70.810.8612
Slightly volatile
Price Fair Value10.9411.52615
Very volatile
Return On Equity0.230.241.7362
Very volatile

Doximity Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap8.1 B7.2 BB
Slightly volatile
Enterprise ValueBB7.9 B
Slightly volatile

Doximity Fundamental Market Drivers

Forward Price Earnings20.2429
Cash And Short Term Investments915.7 M

Doximity Upcoming Events

8th of February 2024
Upcoming Quarterly Report
View
21st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
21st of May 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of March 2023
Last Financial Announcement
View

Doximity Operating Margin Driver Correlations

Understanding the fundamental principles of building solid financial models for Doximity is extremely important. It helps to project a fair market value of Doximity Stock properly, considering its historical fundamentals such as Operating Margin. Since Doximity's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Doximity's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Doximity's interrelated accounts and indicators.
Is there potential for Health Care Technology market expansion? Will Doximity introduce new products? Factors like these will boost the valuation of Doximity. Projected growth potential of Doximity fundamentally drives upward valuation adjustments. Understanding fair value requires weighing current performance against future potential. All the valuation information about Doximity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.409
Earnings Share
1.25
Revenue Per Share
3.309
Quarterly Revenue Growth
0.232
Return On Assets
0.131
Understanding Doximity requires distinguishing between market price and book value, where the latter reflects Doximity's accounting equity. The concept of intrinsic value - what Doximity's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push Doximity's price substantially above or below its fundamental value.
It's important to distinguish between Doximity's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Doximity should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Doximity's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.

Doximity 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Doximity's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Doximity.
0.00
11/07/2025
No Change 0.00  0.0 
In 3 months and 1 day
02/05/2026
0.00
If you would invest  0.00  in Doximity on November 7, 2025 and sell it all today you would earn a total of 0.00 from holding Doximity or generate 0.0% return on investment in Doximity over 90 days. Doximity is related to or competes with Tempus AI, ICON PLC, Solventum Corp, EXACT Sciences, HealthEquity, Encompass Health, and Guardant Health. Doximity, Inc. operates a cloud-based digital platform for medical professionals in the United States More

Doximity Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Doximity's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Doximity upside and downside potential and time the market with a certain degree of confidence.

Doximity Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Doximity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Doximity's standard deviation. In reality, there are many statistical measures that can use Doximity historical prices to predict the future Doximity's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Doximity's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
31.5034.3337.16
Details
Intrinsic
Valuation
LowRealHigh
31.7340.7843.61
Details
Naive
Forecast
LowNextHigh
28.9631.7934.62
Details
19 Analysts
Consensus
LowTargetHigh
57.3363.0069.93
Details

Doximity February 5, 2026 Technical Indicators

Doximity Backtested Returns

Doximity secures Sharpe Ratio (or Efficiency) of -0.24, which denotes the company had a -0.24 % return per unit of risk over the last 3 months. Doximity exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Doximity's Mean Deviation of 2.1, standard deviation of 3.14, and Variance of 9.84 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.96, which means possible diversification benefits within a given portfolio. Doximity returns are very sensitive to returns on the market. As the market goes up or down, Doximity is expected to follow. At this point, Doximity has a negative expected return of -0.68%. Please make sure to confirm Doximity's maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Doximity performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.68  

Good predictability

Doximity has good predictability. Overlapping area represents the amount of predictability between Doximity time series from 7th of November 2025 to 22nd of December 2025 and 22nd of December 2025 to 5th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Doximity price movement. The serial correlation of 0.68 indicates that around 68.0% of current Doximity price fluctuation can be explain by its past prices.
Correlation Coefficient0.68
Spearman Rank Test0.65
Residual Average0.0
Price Variance9.2
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Competition

Doximity Pretax Profit Margin

Pretax Profit Margin

0.24

At this time, Doximity's Pretax Profit Margin is comparatively stable compared to the past year.
Based on the recorded statements, Doximity has an Operating Margin of 0.3855%. This is 101.1% lower than that of the Health Care Technology sector and significantly higher than that of the Health Care industry. The operating margin for all United States stocks is 107.0% lower than that of the firm.

Doximity Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Doximity's current stock value. Our valuation model uses many indicators to compare Doximity value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Doximity competition to find correlations between indicators driving Doximity's intrinsic value. More Info.
Doximity is rated # 2 in return on equity category among its peers. It is one of the top stocks in return on asset category among its peers reporting about  0.53  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Doximity is roughly  1.88 . At this time, Doximity's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Doximity by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Doximity Operating Margin Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Doximity's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Doximity could also be used in its relative valuation, which is a method of valuing Doximity by comparing valuation metrics of similar companies.
Doximity is currently under evaluation in operating margin category among its peers.

Doximity ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Doximity's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Doximity's managers, analysts, and investors.
Environmental
Governance
Social

Doximity Fundamentals

About Doximity Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Doximity's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Doximity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Doximity based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue131.4 M97.4 M
Total Revenue656 M348.4 M
Cost Of Revenue64.3 M40.4 M
Stock Based Compensation To Revenue 0.11  0.06 
Sales General And Administrative To Revenue 0.07  0.07 
Research And Ddevelopement To Revenue 0.19  0.24 
Capex To Revenue 0.01  0.02 
Revenue Per Share 2.75  1.38 
Ebit Per Revenue 0.36  0.22 

Thematic Opportunities

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Additional Tools for Doximity Stock Analysis

When running Doximity's price analysis, check to measure Doximity's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Doximity is operating at the current time. Most of Doximity's value examination focuses on studying past and present price action to predict the probability of Doximity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Doximity's price. Additionally, you may evaluate how the addition of Doximity to your portfolios can decrease your overall portfolio volatility.