Duolingo Ratios and Metrics

Market cap in millions MXN. Fiscal year is January - December.

Millions MXN. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019
Period Ending	Jul '25 Jul 15, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2019
Market Capitalization	301,513	297,165	161,127	55,734	81,514	-	Upgrade
Market Cap Growth	83.23%	84.43%	189.10%	-31.63%	-	-	Upgrade
Enterprise Value	283,921	280,005	149,704	44,595	70,454	-	Upgrade
Last Close Price	6768.00	3975.06	2560.00	1918.69	2180.00	-	Upgrade
PE Ratio	152.47	161.01	593.19	-	-	-	Upgrade
PS Ratio	18.18	19.07	17.95	7.73	15.86	-	Upgrade
PB Ratio	16.50	17.30	14.54	5.27	7.75	-	Upgrade
P/TBV Ratio	17.07	17.96	15.00	5.40	7.82	-	Upgrade
P/FCF Ratio	49.90	52.16	63.36	59.41	712.07	-	Upgrade
P/OCF Ratio	47.95	49.95	62.04	53.25	433.61	-	Upgrade
EV/Sales Ratio	18.80	17.96	16.67	6.19	13.70	-	Upgrade
EV/EBITDA Ratio	161.08	179.98	-	-	-	-	Upgrade
EV/EBIT Ratio	214.57	210.60	-	-	-	-	Upgrade
EV/FCF Ratio	46.99	49.15	58.87	47.54	615.45	-	Upgrade
Debt / Equity Ratio	0.06	0.07	0.04	0.05	0.06	0.09	Upgrade
Debt / EBITDA Ratio	0.58	0.67	12.95	-	-	-	Upgrade
Debt / FCF Ratio	0.18	0.21	0.17	0.59	5.81	0.65	Upgrade
Asset Turnover	0.66	0.66	0.62	0.53	0.60	1.19	Upgrade
Quick Ratio	2.45	2.39	3.02	3.60	4.93	2.15	Upgrade
Current Ratio	2.68	2.61	3.24	3.84	5.20	2.41	Upgrade
Return on Equity (ROE)	12.06%	11.97%	2.68%	-11.29%	-19.56%	-20.27%	Upgrade
Return on Assets (ROA)	3.59%	3.54%	-0.95%	-5.79%	-8.96%	-7.39%	Upgrade
Return on Capital (ROIC)	5.18%	5.10%	-1.29%	-7.30%	-11.42%	-11.43%	Upgrade
Return on Capital Employed (ROCE)	7.50%	7.30%	-	-	-	-	Upgrade
Earnings Yield	0.66%	0.62%	0.17%	-2.08%	-1.51%	-	Upgrade
FCF Yield	2.00%	1.92%	1.58%	1.68%	0.14%	-	Upgrade
Buyback Yield / Dilution	1.70%	-1.24%	-17.87%	-68.44%	-84.00%	-	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.