Duolingo, Inc. (DUOL)
NASDAQ: DUOL · Real-Time Price · USD
148.37
+1.27 (0.86%)
Oct 6, 2026, 11:44 AM EDT - Market open
Duolingo Ratios and Metrics
Market cap in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Total Valuation
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 6, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 6,942 | 8,113 | 14,261 | 9,531 | 2,857 | 3,976 | |
Market Cap Growth | -53.04% | -43.11% | 49.63% | 233.56% | -28.14% | - |
Enterprise Value | 5,714 | 7,089 | 13,438 | 8,855 | 2,286 | 3,437 |
Last Close Price | 147.10 | 175.50 | 324.23 | 226.85 | 71.13 | 106.11 |
Price Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 6, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 17.54 | 19.59 | 161.01 | 593.19 | - | - |
Forward PE | 55.83 | 44.78 | 122.92 | - | - | - |
PS Ratio | 6.01 | 7.82 | 19.07 | 17.95 | 7.73 | 15.86 |
PB Ratio | 4.88 | 6.02 | 17.30 | 14.54 | 5.27 | 7.75 |
P/TBV Ratio | 5.11 | 6.32 | 17.96 | 15.00 | 5.40 | 7.82 |
P/FCF Ratio | 16.87 | 21.94 | 52.16 | 63.36 | 59.41 | 712.07 |
P/OCF Ratio | 15.98 | 20.92 | 49.95 | 62.04 | 53.25 | 433.61 |
PEG Ratio | - | 2.26 | - | - | - | - |
EV Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 6, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
EV/Sales Ratio | 4.94 | 6.83 | 17.96 | 16.67 | 6.19 | 13.70 |
EV/EBITDA Ratio | 31.58 | 45.55 | 179.98 | - | - | - |
EV/EBIT Ratio | 34.64 | 50.19 | 210.60 | - | - | - |
EV/FCF Ratio | 13.86 | 19.17 | 49.15 | 58.87 | 47.54 | 615.45 |
Financial Efficiency
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 6, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Debt / Equity Ratio | 0.06 | 0.08 | 0.07 | 0.04 | 0.05 | 0.06 |
Debt / EBITDA Ratio | 0.45 | 0.60 | 0.67 | 15.70 | - | - |
Debt / FCF Ratio | 0.21 | 0.27 | 0.21 | 0.17 | 0.59 | 5.81 |
Net Debt / Equity Ratio | -0.87 | -0.77 | -0.99 | -1.10 | -1.07 | -1.02 |
Net Debt / EBITDA Ratio | -6.86 | -6.68 | -10.99 | 117.23 | 9.61 | 9.10 |
Net Debt / FCF Ratio | -3.01 | -2.81 | -3.00 | -4.80 | -12.05 | -93.38 |
Asset Turnover | 0.63 | 0.63 | 0.66 | 0.62 | 0.53 | 0.60 |
Quick Ratio | 2.51 | 2.39 | 2.39 | 3.02 | 3.60 | 4.93 |
Current Ratio | 2.72 | 2.61 | 2.61 | 3.24 | 3.84 | 5.20 |
Return on Equity (ROE) | 34.42% | 38.14% | 11.97% | 2.68% | -11.29% | -19.56% |
Return on Assets (ROA) | 5.64% | 5.36% | 3.54% | -0.97% | -5.79% | -8.96% |
Return on Invested Capital (ROIC) | 78.85% | 90.63% | - | - | - | - |
Return on Capital Employed (ROCE) | 10.90% | 9.80% | 7.30% | -2.00% | -11.50% | -11.10% |
Yields
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 6, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Earnings Yield | 5.97% | 5.10% | 0.62% | 0.17% | -2.08% | -1.51% |
FCF Yield | 5.93% | 4.56% | 1.92% | 1.58% | 1.68% | 0.14% |
Buyback Yield / Dilution | -2.60% | -2.56% | -1.24% | -17.87% | -68.44% | -84.00% |