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	Apr '25 Apr 25, 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	17,275	14,261	9,531	2,857	3,976	-	Upgrade
Market Cap Growth	49.63%	49.63%	233.56%	-28.14%	-	-	Upgrade
Enterprise Value	16,453	13,438	8,855	2,286	3,437	-	Upgrade
Last Close Price	381.83	324.23	226.85	71.13	106.11	-	Upgrade
PE Ratio	203.10	161.01	593.19	-	-	-	Upgrade
Forward PE	142.91	122.92	-	-	-	-	Upgrade
PS Ratio	22.21	19.07	17.95	7.73	15.86	-	Upgrade
PB Ratio	20.81	17.30	14.54	5.27	7.75	-	Upgrade
P/TBV Ratio	21.75	17.96	15.00	5.40	7.82	-	Upgrade
P/FCF Ratio	63.19	52.16	63.36	59.41	712.07	-	Upgrade
P/OCF Ratio	60.51	49.95	62.04	53.25	433.61	-	Upgrade
EV/Sales Ratio	22.00	17.96	16.67	6.19	13.70	-	Upgrade
EV/EBITDA Ratio	220.37	179.98	-	-	-	-	Upgrade
EV/EBIT Ratio	257.86	210.60	-	-	-	-	Upgrade
EV/FCF Ratio	60.18	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	0.51%	0.62%	0.17%	-2.08%	-1.51%	-	Upgrade
FCF Yield	1.58%	1.92%	1.58%	1.68%	0.14%	-	Upgrade
Buyback Yield / Dilution	-1.25%	-1.24%	-17.87%	-68.44%	-84.00%	-	Upgrade

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

SEC Filings: 10-K · 10-Q