DocuSign Key Fundamental Indicators

DOCU Stock  USD 47.62  0.03  0.06%   
As of the 10th of February, DocuSign shows the Mean Deviation of 2.09, standard deviation of 2.88, and Coefficient Of Variation of (515.26). DocuSign 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.

DocuSign Total Revenue

3.59 Billion

Analyzing historical trends in various income statement and balance sheet accounts from DocuSign's financial statements helps investors evaluate the company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting DocuSign's valuation are summarized below:
Gross Profit
2.5 B
Profit Margin
0.0957
Market Capitalization
9.4 B
Enterprise Value Revenue
2.7698
Revenue
3.2 B
There are currently one hundred twenty fundamental signals for DocuSign that can be evaluated and compared over time across rivals. All traders should verify DocuSign'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, DocuSign's Income Before Tax is comparatively stable compared to the past year. Total Other Income Expense Net is likely to gain to about 58 M in 2026, whereas Interest Expense is likely to drop slightly above 1.7 M in 2026.
  
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DocuSign Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets4.8 B4.6 B1.9 B
Slightly volatile
Other Current Liabilities394.5 M375.7 M156.9 M
Slightly volatile
Total Current Liabilities1.1 B2.1 B850.5 M
Slightly volatile
Other Liabilities41.9 M52.6 M33.9 M
Slightly volatile
Property Plant And Equipment Net249.8 M470.4 M186.8 M
Slightly volatile
Current Deferred Revenue1.8 B1.7 B664.8 M
Slightly volatile
Accounts Payable29.5 M35.3 M23.5 M
Slightly volatile
Cash514.5 M745.9 M416.5 M
Slightly volatile
Non Current Assets TotalB2.9 B972.8 M
Slightly volatile
Non Currrent Assets Other735.4 M700.4 M250.7 M
Slightly volatile
Other Assets504.6 M480.6 M212.4 M
Slightly volatile
Cash And Short Term Investments739 M1.1 B571 M
Slightly volatile
Net Receivables327.6 M509.8 M248.1 M
Slightly volatile
Good Will548.8 M522.6 M212.1 M
Slightly volatile
Common Stock Total Equity15.7 K23 K12.2 K
Slightly volatile
Common Stock Shares Outstanding177.3 M241.9 M127.7 M
Slightly volatile
Liabilities And Stockholders Equity4.8 B4.6 B1.9 B
Slightly volatile
Non Current Liabilities Total152.3 M160.3 M458.3 M
Slightly volatile
Capital Surpluse2.7 B2.6 B1.1 B
Slightly volatile
Inventory0.860.96.8 M
Slightly volatile
Other Current Assets48.3 M94.7 M41.5 M
Slightly volatile
Total Liabilities1.6 B2.3 B1.3 B
Slightly volatile
Deferred Long Term Liabilities11.7 M12.3 M76.2 M
Very volatile
Property Plant And Equipment Gross860.6 M819.6 M275.5 M
Slightly volatile
Total Current Assets1.1 B1.7 B862.7 M
Slightly volatile
Short Term Debt20.8 M21.9 M84.6 M
Pretty Stable
Intangible Assets68.1 M87.8 M55.2 M
Slightly volatile
Common Stock17.1 K23 K12.4 K
Slightly volatile
Property Plant Equipment186 M229.9 M138.4 M
Slightly volatile
Short Term Investments249.5 M362.2 M156.3 M
Slightly volatile
Preferred Stock Total Equity601.4 M629.6 M554.9 M
Slightly volatile
Non Current Liabilities Other18.1 M35.2 M12.6 M
Slightly volatile
Net Invested Capital1.2 B2.3 B809.4 M
Slightly volatile
Short and Long Term Debt Total106.4 M112 M511 M
Slightly volatile
Long Term Debt637.8 M826.3 M555.9 M
Slightly volatile
Long Term Debt Total636.9 M826.3 M555.6 M
Slightly volatile
Long Term Investments118.1 M120.7 M152.1 M
Slightly volatile
Capital Stock21.2 K23 K18.5 K
Slightly volatile
Capital Lease Obligations130.5 M112 M168.8 M
Slightly volatile
Warrants2.7 M3.1 M3.3 M
Slightly volatile
Short and Long Term Debt872.9 M831.3 M283.6 M
Slightly volatile

DocuSign Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Income59.8 M57 M18 M
Slightly volatile
Depreciation And Amortization66.9 M124 M52.2 M
Slightly volatile
Interest Expense1.7 M1.8 M7.2 M
Very volatile
Selling General Administrative231.4 M432.4 M181.5 M
Slightly volatile
Selling And Marketing Expenses799.3 M1.3 B603 M
Slightly volatile
Total Revenue3.6 B3.4 B1.3 B
Slightly volatile
Gross Profit2.8 B2.7 BB
Slightly volatile
Other Operating Expenses1.7 B3.2 B1.3 B
Slightly volatile
Research Development710.6 M676.7 M269.9 M
Slightly volatile
Cost Of Revenue362 M714.9 M278.7 M
Slightly volatile
Total Operating Expenses1.4 B2.5 BB
Slightly volatile
Reconciled Depreciation77.3 M124 M58 M
Slightly volatile
Non Recurring22.7 M25.5 M27.8 M
Slightly volatile

DocuSign Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation737 M701.9 M281.1 M
Slightly volatile
Begin Period Cash Flow967.8 M921.7 M385.4 M
Slightly volatile
Depreciation66.9 M124 M52.2 M
Slightly volatile
Other Non Cash Items317.5 M302.4 M115.8 M
Slightly volatile
Capital Expenditures66.4 M111.5 M54.3 M
Slightly volatile
End Period Cash Flow516.8 M758.5 M418.8 M
Slightly volatile
Change To Netincome671.5 M639.6 M269.6 M
Slightly volatile
Cash Flows Other Operating101.9 M61.7 M75 M
Pretty Stable
Dividends Paid254 M285 M312.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio7.265.987.4248
Pretty Stable
Days Sales Outstanding94.4462.5294.1725
Slightly volatile
Stock Based Compensation To Revenue0.170.180.1832
Slightly volatile
Capex To Depreciation1.171.031.2278
Slightly volatile
EV To Sales7.145.827.0499
Slightly volatile
Payables Turnover10.0218.2310.6463
Slightly volatile
Sales General And Administrative To Revenue0.190.150.1934
Slightly volatile
Research And Ddevelopement To Revenue0.230.19770.2222
Slightly volatile
Capex To Revenue0.06190.03750.0722
Slightly volatile
Cash Per Share6.115.426.3436
Slightly volatile
Days Payables Outstanding19.6920.7346.146
Slightly volatile
Intangibles To Total Assets0.110.120.1379
Very volatile
Current Ratio1.290.931.3087
Slightly volatile
Receivables Turnover3.586.044.1121
Slightly volatile
Graham Number16.2630.5510.2845
Slightly volatile
Debt To Equity0.06790.07140.9057
Very volatile
Capex Per Share0.640.550.7109
Slightly volatile
Revenue Per Share8.6813.1110.2915
Slightly volatile
Interest Debt Per Share0.530.551.4483
Slightly volatile
Debt To Assets0.03390.03570.2336
Slightly volatile
Short Term Coverage Ratios0.770.819.6451
Slightly volatile
Operating Cycle94.4462.5294.1725
Slightly volatile
Days Of Payables Outstanding19.6920.7346.146
Slightly volatile
Ebt Per Ebit1.021.121.1753
Slightly volatile
Long Term Debt To Capitalization0.460.650.5231
Slightly volatile
Total Debt To Capitalization0.06390.06730.3932
Slightly volatile
Debt Equity Ratio0.06790.07140.9057
Very volatile
Quick Ratio1.290.931.3087
Slightly volatile
Net Income Per E B T4.073.881.5455
Slightly volatile
Cash Ratio0.650.410.7454
Slightly volatile
Cash Conversion Cycle35.732.745.1948
Slightly volatile
Days Of Sales Outstanding94.4462.5294.1725
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.911.041.6109
Pretty Stable
Cash Flow Coverage Ratios7.737.361.96
Slightly volatile
Fixed Asset Turnover5.386.556.6532
Pretty Stable
Debt Ratio0.03390.03570.2336
Slightly volatile
Cash Flow To Debt Ratio7.737.361.96
Slightly volatile
Price Sales Ratio7.265.987.4248
Pretty Stable
Asset Turnover0.560.670.6365
Slightly volatile
Gross Profit Margin0.610.710.7311
Pretty Stable

DocuSign Fundamental Market Drivers

Forward Price Earnings11.2613
Cash And Short Term Investments963.5 M

DocuSign Upcoming Events

14th of March 2024
Upcoming Quarterly Report
View
13th of June 2024
Next Financial Report
View
31st of January 2024
Next Fiscal Quarter End
View
14th of March 2024
Next Fiscal Year End
View
31st of October 2023
Last Quarter Report
View
31st of January 2023
Last Financial Announcement
View

DocuSign Operating Margin Driver Correlations

Understanding the fundamental principles of building solid financial models for DocuSign is extremely important. It helps to project a fair market value of DocuSign Stock properly, considering its historical fundamentals such as Operating Margin. Since DocuSign'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 DocuSign'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 DocuSign's interrelated accounts and indicators.
Is there potential for Application Software market expansion? Will DocuSign introduce new products? Factors like these will boost the valuation of DocuSign. Projected growth potential of DocuSign fundamentally drives upward valuation adjustments. Understanding fair value requires weighing current performance against future potential. All the valuation information about DocuSign 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
0.333
Earnings Share
1.43
Revenue Per Share
15.577
Quarterly Revenue Growth
0.084
Return On Assets
0.0438
Understanding DocuSign requires distinguishing between market price and book value, where the latter reflects DocuSign's accounting equity. The concept of intrinsic value - what DocuSign'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 DocuSign's price substantially above or below its fundamental value.
It's important to distinguish between DocuSign's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding DocuSign should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, DocuSign's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.

DocuSign '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 DocuSign'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 DocuSign.
0.00
11/12/2025
No Change 0.00  0.0 
In 3 months and 1 day
02/10/2026
0.00
If you would invest  0.00  in DocuSign on November 12, 2025 and sell it all today you would earn a total of 0.00 from holding DocuSign or generate 0.0% return on investment in DocuSign over 90 days. DocuSign is related to or competes with Bentley Systems, Dynatrace Holdings, Unity Software, F5 Networks, ZoomInfo Technologies, Manhattan Associates, and Joint Stock. DocuSign, Inc. provides electronic signature software in the United States and internationally More

DocuSign 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 DocuSign'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 DocuSign upside and downside potential and time the market with a certain degree of confidence.

DocuSign Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for DocuSign's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DocuSign's standard deviation. In reality, there are many statistical measures that can use DocuSign historical prices to predict the future DocuSign's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DocuSign'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
43.9947.0050.01
Details
Intrinsic
Valuation
LowRealHigh
43.5255.7358.74
Details
23 Analysts
Consensus
LowTargetHigh
77.4585.1194.47
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.880.951.02
Details

DocuSign February 10, 2026 Technical Indicators

DocuSign Backtested Returns

DocuSign secures Sharpe Ratio (or Efficiency) of -0.18, which denotes the company had a -0.18 % return per unit of standard deviation over the last 3 months. DocuSign exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DocuSign's Coefficient Of Variation of (515.26), mean deviation of 2.09, and Standard Deviation of 2.88 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.06, which means a somewhat significant risk relative to the market. DocuSign returns are very sensitive to returns on the market. As the market goes up or down, DocuSign is expected to follow. At this point, DocuSign has a negative expected return of -0.54%. Please make sure to confirm DocuSign's jensen alpha, as well as the relationship between the skewness and day median price , to decide if DocuSign performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.57  

Good reverse predictability

DocuSign has good reverse predictability. Overlapping area represents the amount of predictability between DocuSign time series from 12th of November 2025 to 27th of December 2025 and 27th of December 2025 to 10th 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 DocuSign price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current DocuSign price fluctuation can be explain by its past prices.
Correlation Coefficient-0.57
Spearman Rank Test-0.5
Residual Average0.0
Price Variance63.74
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

DocuSign Pretax Profit Margin

Pretax Profit Margin

0.0787

At this time, DocuSign's Pretax Profit Margin is comparatively stable compared to the past year.
Based on the recorded statements, DocuSign has an Operating Margin of 0.1043%. This is 101.18% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The operating margin for all United States stocks is 101.89% lower than that of the firm.

DocuSign Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining DocuSign's current stock value. Our valuation model uses many indicators to compare DocuSign value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across DocuSign competition to find correlations between indicators driving DocuSign's intrinsic value. More Info.
DocuSign is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.29  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for DocuSign is roughly  3.47 . At this time, DocuSign'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 DocuSign 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.

DocuSign Operating Margin Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses DocuSign'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 DocuSign could also be used in its relative valuation, which is a method of valuing DocuSign by comparing valuation metrics of similar companies.
DocuSign is currently under evaluation in operating margin category among its peers.

DocuSign 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, DocuSign's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to DocuSign's managers, analysts, and investors.
Environmental
Governance
Social

DocuSign Fundamentals

About DocuSign Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze DocuSign's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DocuSign using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DocuSign 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 Revenue1.7 B1.8 B
Total Revenue3.4 B3.6 B
Cost Of Revenue714.9 M362 M
Stock Based Compensation To Revenue 0.18  0.17 
Sales General And Administrative To Revenue 0.15  0.19 
Research And Ddevelopement To Revenue 0.20  0.23 
Capex To Revenue 0.04  0.06 
Revenue Per Share 13.11  8.68 
Ebit Per Revenue 0.06  0.06 

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for DocuSign Stock Analysis

When running DocuSign's price analysis, check to measure DocuSign'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 DocuSign is operating at the current time. Most of DocuSign's value examination focuses on studying past and present price action to predict the probability of DocuSign's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DocuSign's price. Additionally, you may evaluate how the addition of DocuSign to your portfolios can decrease your overall portfolio volatility.