Duolingo Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019
Period Ending	Mar '25 Mar 31, 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	14,050	14,261	9,531	2,857	3,976	-	Upgrade
Market Cap Growth	49.63%	49.63%	233.56%	-28.14%	-	-	Upgrade
Enterprise Value	13,228	13,438	8,855	2,286	3,437	-	Upgrade
Last Close Price	310.54	324.23	226.85	71.13	106.11	-	Upgrade
PE Ratio	165.18	161.01	593.19	-	-	-	Upgrade
Forward PE	116.99	122.92	-	-	-	-	Upgrade
PS Ratio	18.06	19.07	17.95	7.73	15.86	-	Upgrade
PB Ratio	16.92	17.30	14.54	5.27	7.75	-	Upgrade
P/TBV Ratio	17.96	17.96	15.00	5.40	7.82	-	Upgrade
P/FCF Ratio	51.39	52.16	63.36	59.41	712.07	-	Upgrade
P/OCF Ratio	49.21	49.95	62.04	53.25	433.61	-	Upgrade
EV/Sales Ratio	17.68	17.96	16.67	6.19	13.70	-	Upgrade
EV/EBITDA Ratio	177.17	179.98	-	-	-	-	Upgrade
EV/EBIT Ratio	207.31	210.60	-	-	-	-	Upgrade
EV/FCF Ratio	48.38	49.15	58.87	47.54	615.45	-	Upgrade
Debt / Equity Ratio	0.07	0.07	0.04	0.05	0.06	0.09	Upgrade
Debt / EBITDA Ratio	0.67	0.67	12.95	-	-	-	Upgrade
Debt / FCF Ratio	0.21	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	2.39	2.39	3.02	3.60	4.93	2.15	Upgrade
Current Ratio	2.61	2.61	3.24	3.84	5.20	2.41	Upgrade
Return on Equity (ROE)	11.97%	11.97%	2.68%	-11.29%	-19.56%	-20.27%	Upgrade
Return on Assets (ROA)	3.54%	3.54%	-0.95%	-5.79%	-8.96%	-7.39%	Upgrade
Return on Capital (ROIC)	5.10%	5.10%	-1.29%	-7.30%	-11.42%	-11.43%	Upgrade
Return on Capital Employed (ROCE)	7.30%	7.30%	-	-	-	-	Upgrade
Earnings Yield	0.63%	0.62%	0.17%	-2.08%	-1.51%	-	Upgrade
FCF Yield	1.95%	1.92%	1.58%	1.68%	0.14%	-	Upgrade
Buyback Yield / Dilution	-1.25%	-1.24%	-17.87%	-68.44%	-84.00%	-	Upgrade

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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