Direct Digital Holdings Inc (DRCT) Key Metrics
DRCT valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $256,872
- Enterprise value
- $18.9M
- P/E (TTM)
- —
- Forward P/E
- 5.1
- PEG ratio
- —
- Price / sales
- 0.0
- Price / book
- 13.9
- EV / EBITDA
- 6.2
- Dividend yield
- —
- Beta
- 5.31
DRCT key metrics, 2019–2025
Fiscal year ended December 31, 2025 · U.S. dollarsDRCT valuation Price multiples at each fiscal year-end price.
DRCT returns How much profit the business earns on the capital it uses.
DRCT per-share figures Results divided by the shares outstanding at year-end.
DRCT financial health Debt, liquidity and how easily interest is covered.
DRCT efficiency & capital use Working capital cycle and where the cash goes.
DRCT valuation history
DRCT returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
DRCT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
DRCT cash returned to shareholders
DRCT price vs earnings per share
DRCT key metrics
2019–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Valuation | |||||||
| Market capitalization | $4.4M | $1.31B | — | — | — | — | — |
| Enterprise value | $16.6M | $1.35B | — | — | — | — | — |
| Price / sales | 0.1 | 21.1 | — | — | — | — | — |
| EV / sales | 0.5 | 21.7 | — | — | — | — | — |
| Earnings yield | −434.2% | −0.5% | — | — | — | — | — |
| Free cash flow yield | −206.1% | −0.7% | — | — | — | — | — |
| Dividend yield | 1.3% | 0.2% | — | — | — | — | — |
| Shareholder yield (dividends + buybacks) | 1.3% | 0.2% | — | — | — | — | — |
| Share price at fiscal year-end | $14.17 | $349.80 | $3,273.60 | $533.50 | — | — | — |
| Per share | |||||||
| Revenue per share | $112.64 | $16.57 | — | — | — | $4.46 | $2.24 |
| Earnings per share | −$61.51 | −$1.66 | — | — | — | −$0.32 | −$0.32 |
| Operating cash flow per share | −$28.92 | −$2.30 | — | — | — | −$0.21 | $0.08 |
| Free cash flow per share | −$29.20 | −$2.31 | — | — | — | −$0.21 | $0.08 |
| Cash per share | $2.36 | $0.38 | — | — | — | $0.58 | $0.32 |
| Book value per share | −$6.19 | −$1.33 | — | — | — | $0.85 | −$0.45 |
| Tangible book value per share | −$52.86 | −$5.65 | — | — | — | −$7.75 | −$1.32 |
| Dividends per share | $0.18 | $0.85 | — | — | — | $0.04 | $0.01 |
| Capex per share | $0.28 | $0.00 | — | — | — | $0.25 | $0.25 |
| Debt per share | $42.14 | $9.65 | — | — | — | $4.78 | $0.45 |
| Shares outstanding | 308K | 3.8M | — | — | — | 2.8M | 2.8M |
| Change in shares outstanding | −91.8% | — | — | — | — | 0.0% | — |
| Returns & profitability | |||||||
| Return on equity (ROE) | — | — | 86.2% | 21.5% | — | −165.5% | — |
| Return on invested capital (ROIC) | −58.0% | −36.6% | 20.6% | 38.4% | 23.2% | −10.1% | — |
| Return on assets (ROA) | −82.1% | −13.1% | 3.1% | 0.4% | −4.5% | −5.2% | −20.9% |
| Return on tangible assets | −327.6% | −63.9% | 3.9% | 0.5% | −10.9% | −13.7% | −49.1% |
| Free cash flow margin | −25.9% | −13.9% | 1.7% | 1.6% | 9.8% | −4.6% | 3.4% |
| Income quality (OCF / net income) | — | — | 1.42 | 10.38 | — | — | — |
| Financial health | |||||||
| Total debt | $13.0M | $36.3M | $30.1M | $24.6M | $20.8M | $13.4M | $1.3M |
| Cash & short-term investments | $728,000 | $1.4M | $5.1M | $4.0M | $4.7M | $1.6M | $882,292 |
| Net debt | $12.2M | $34.8M | $24.9M | $20.5M | $16.1M | $11.8M | $371,111 |
| Debt / equity | — | — | 12.91 | 10.77 | — | 5.65 | — |
| Debt / assets | 0.64 | 1.39 | 0.44 | 0.42 | 0.58 | 0.44 | 0.30 |
| Net debt / EBITDA | — | — | 2.82 | 2.08 | 4.37 | 25.71 | — |
| Current ratio | 0.18 | 0.64 | 1.33 | 1.27 | 1.42 | 0.98 | 0.43 |
| Quick ratio | 0.18 | 0.64 | 1.33 | 1.27 | 1.42 | 0.98 | 0.43 |
| Interest coverage | -2.8 | -2.4 | 1.5 | 2.5 | 1.4 | -1.0 | -15.3 |
| Working capital | −$21.7M | −$4.8M | $10.7M | $6.7M | $4.1M | −$117,779 | −$2.3M |
| Invested capital | $10.3M | $29.8M | $27.3M | $22.8M | $15.8M | $14.1M | −$899,731 |
| Tangible asset value | −$21.4M | −$36.0M | −$15.9M | −$14.6M | −$22.5M | −$21.7M | −$3.7M |
| Net current asset value | −$22.4M | −$37.2M | −$23.6M | −$21.2M | −$22.6M | −$21.8M | −$3.7M |
| Graham net-net per share | −$78.27 | −$10.79 | — | — | — | −$8.29 | −$1.42 |
| Capital allocation | |||||||
| Dividends paid | $55,000 | $3.2M | $3.2M | $1.7M | $1.2M | $117,508 | $22,000 |
| Share buybacks (net) | — | — | $0 | $14.2M | $3.5M | $370,789 | — |
| Dividend payout ratio | — | — | 160.4% | 825.6% | — | — | — |
| Dividends + buybacks / free cash flow | — | — | 120.7% | — | 126.3% | — | 10.5% |
| Capex / revenue | 0.3% | 0.0% | 0.1% | 0.8% | 1.8% | 5.5% | 11.0% |
| Capex / operating cash flow | — | — | 6.3% | 32.3% | 18.3% | — | 327.2% |
| Capex / depreciation | 0.04 | 0.01 | 0.06 | 0.32 | 0.35 | 1.41 | 1.41 |
| Stock-based compensation / revenue | 4.2% | 2.5% | 1.4% | 0.2% | 0.0% | — | — |
| SG&A / revenue | 72.6% | 49.2% | 19.7% | 23.9% | 37.4% | 41.6% | 41.8% |
| Efficiency | |||||||
| Days sales outstanding | 42.6 | 123.6 | 73.8 | 69.9 | 60.1 | 80.6 | 48.5 |
| Days of inventory on hand | — | — | 0.0 | 0.0 | — | — | — |
| Days payables outstanding | 116.4 | 133.1 | 65.3 | 74.2 | 92.4 | 158.9 | 249.1 |
| Cash conversion cycle (days) | -73.8 | -9.6 | 8.5 | -4.3 | -32.3 | -78.2 | -200.6 |
| Receivables turnover | 8.57 | 2.95 | 4.94 | 5.22 | 6.08 | 4.53 | 7.52 |
| Payables turnover | 3.14 | 2.74 | 5.59 | 4.92 | 3.95 | 2.30 | 1.47 |
| Inventory turnover | — | — | 119,536,000.00 | 60,038,000.00 | — | — | — |
| Asset turnover | 1.50 | 1.31 | 2.47 | 1.90 | 1.14 | 0.71 | 1.48 |
| Average receivables | $4.0M | $21.1M | $31.8M | $17.1M | $6.3M | $2.8M | $834,071 |
| Average payables | $7.7M | $16.4M | $21.4M | $12.2M | $5.0M | $3.2M | $3.1M |
| Average inventory | — | — | $1 | $1 | — | — | — |
| Intangibles / total assets | 71.3% | 62.5% | 26.4% | 34.7% | 61.4% | 78.4% | 57.4% |
Computed from DRCT's annual financial statements (latest annual report filed March 31, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
DRCT valuation and financial ratios
Direct Digital earned a return on invested capital of −58.0% in fiscal 2025. It ended the year with $13.0 million of debt and $0.7 million in cash and short-term investments, net debt of $12.2 million. It returned $0.1 million to shareholders: $0.1 million in dividends and $0 in share buybacks. The share count fell 89.0% from 2.8M to 308K over 6 years.
See the DRCT income statement, the DRCT chart for price history, or the DRCT stock overview for the latest quote and news.
DRCT key metrics FAQ
What is Direct Digital's ROIC?
Direct Digital's return on invested capital was −58.0% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Direct Digital have?
Direct Digital had total debt of $13.0 million at the end of fiscal 2025.
What is Direct Digital's dividend yield?
Direct Digital paid $0.1 million in dividends in fiscal 2025 ($0.18 per share), a payout ratio of —.
What is Direct Digital's free cash flow yield?
Direct Digital generated -$9.0 million of free cash flow in fiscal 2025, a free cash flow yield of −206.1% on its market value at year-end ($4.4 million).
What is Direct Digital's current ratio?
Direct Digital's current ratio was 0.18 at the end of fiscal 2025: current assets were 0.18 times current liabilities.