8x8, Inc. (EGHT) Key Metrics
EGHT valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $280.2M
- Enterprise value
- $598.4M
- P/E (TTM)
- 48.5
- Forward P/E
- 15.8
- PEG ratio
- 0.48
- Price / sales
- 0.4 10-yr median 2.7
- Price / book
- 2.2 10-yr median 6.2
- EV / EBITDA
- 10.5 10-yr median 29.8
- Dividend yield
- —
- Beta
- 1.85
EGHT key metrics, FY2017–FY2026
Fiscal year ended March 31, 2026 · U.S. dollarsEGHT valuation Price multiples at each fiscal year-end price.
EGHT returns How much profit the business earns on the capital it uses.
EGHT per-share figures Results divided by the shares outstanding at year-end.
EGHT financial health Debt, liquidity and how easily interest is covered.
EGHT efficiency & capital use Working capital cycle and where the cash goes.
EGHT valuation history
EGHT returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
EGHT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
EGHT cash returned to shareholders
EGHT price vs earnings per share
EGHT key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $236.8M | $259.5M | $327.0M | $505.0M | $1.43B | $3.84B | $1.39B | $1.91B | $1.72B | $1.38B |
| Enterprise value | $514.4M | $581.7M | $687.3M | $936.3M | $1.83B | $4.09B | $1.60B | $1.79B | $1.57B | $1.21B |
| P/E ratio | 143.7 | — | — | — | — | — | — | — | — | — |
| Price / sales | 0.3 | 0.4 | 0.4 | 0.7 | 2.2 | 7.2 | 3.1 | 5.4 | 5.8 | 5.4 |
| Price / book | 1.6 | 2.1 | 3.2 | 5.1 | 7.8 | 23.9 | 7.3 | 7.7 | 7.8 | 4.8 |
| Price / free cash flow | 4.5 | 5.2 | 5.3 | 14.9 | 140.3 | — | — | — | — | 97.6 |
| Price / operating cash flow | 4.2 | 4.1 | 4.1 | 10.4 | 41.2 | — | — | — | 77.9 | 48.4 |
| EV / sales | 0.7 | 0.8 | 0.9 | 1.3 | 2.9 | 7.7 | 3.6 | 5.1 | 5.3 | 4.8 |
| EV / EBITDA | 9.6 | 13.2 | 29.8 | 33.3 | — | — | — | — | — | 320.8 |
| EV / free cash flow | 9.9 | 11.6 | 11.1 | 27.6 | 179.7 | — | — | — | — | 85.7 |
| Earnings yield | 0.7% | −10.5% | −20.7% | −13.4% | −12.3% | −4.3% | −12.4% | −4.6% | −6.1% | −0.3% |
| Free cash flow yield | 22.0% | 19.3% | 19.0% | 6.7% | 0.7% | −1.3% | −11.6% | −2.6% | 0.0% | 1.0% |
| Dividend yield | — | — | — | — | 1.1% | — | 1.0% | 14.6% | 0.0% | 0.0% |
| Shareholder yield (dividends + buybacks) | 0.8% | 0.0% | 0.0% | 11.9% | 4.3% | 0.0% | 1.5% | 15.0% | 1.3% | 0.2% |
| Share price at fiscal year-end | $1.66 | $2.00 | $2.70 | $4.17 | $12.59 | $32.44 | $13.86 | $20.20 | $18.65 | $15.25 |
| Per share | ||||||||||
| Revenue per share | $5.16 | $5.51 | $6.02 | $6.02 | $5.63 | $4.50 | $4.46 | $3.73 | $3.22 | $2.80 |
| Earnings per share | $0.01 | −$0.21 | −$0.56 | −$0.56 | −$1.55 | −$1.40 | −$1.72 | −$0.94 | −$1.14 | −$0.05 |
| Operating cash flow per share | $0.39 | $0.49 | $0.65 | $0.40 | $0.31 | −$0.12 | −$0.94 | −$0.16 | $0.24 | $0.32 |
| Free cash flow per share | $0.36 | $0.39 | $0.51 | $0.28 | $0.09 | −$0.42 | −$1.61 | −$0.52 | $0.00 | $0.16 |
| Cash per share | $0.65 | $0.68 | $0.97 | $1.14 | $1.20 | $1.29 | $1.71 | $3.67 | $1.65 | $1.94 |
| Book value per share | $1.03 | $0.94 | $0.84 | $0.82 | $1.61 | $1.36 | $1.91 | $2.64 | $2.38 | $3.19 |
| Tangible book value per share | −$1.31 | −$1.67 | −$2.08 | −$2.26 | −$1.88 | $0.10 | $0.38 | $2.09 | $1.81 | $2.50 |
| Dividends per share | — | — | — | — | $0.14 | — | $0.14 | $2.96 | $0.00 | $0.00 |
| Capex per share | $0.03 | $0.10 | $0.14 | $0.12 | $0.22 | $0.30 | $0.67 | $0.37 | $0.24 | $0.16 |
| Debt per share | $2.60 | $3.16 | $3.94 | $4.70 | $4.74 | $3.41 | $3.90 | $2.43 | $0.07 | $0.07 |
| Shares outstanding | 142.6M | 129.8M | 121.1M | 121.1M | 113.4M | 118.3M | 100.0M | 94.5M | 92.0M | 90.3M |
| Change in shares outstanding | +9.9% | +7.2% | 0.0% | +6.8% | −4.2% | +18.3% | +5.8% | +2.7% | +1.9% | +2.1% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 1.2% | −24.3% | −67.0% | −47.9% | −102.3% | −94.3% | −78.3% | −37.9% | −41.2% | −1.7% |
| Return on invested capital (ROIC) | 2.2% | 2.6% | −4.4% | −3.9% | −24.5% | −28.1% | −46.5% | −69.7% | −34.3% | −4.5% |
| Return on assets (ROA) | 0.2% | −3.8% | −8.5% | −7.7% | −22.1% | −24.0% | −27.6% | −21.5% | −34.2% | −1.5% |
| Return on tangible assets | 0.5% | −7.9% | −16.8% | −14.4% | −34.0% | −31.3% | −31.4% | −17.9% | −46.4% | −1.8% |
| Free cash flow margin | 7.1% | 7.0% | 8.5% | 4.7% | 1.6% | −9.3% | −36.1% | −14.1% | 0.1% | 5.6% |
| Income quality (OCF / net income) | 33.81 | — | — | — | — | — | — | — | — | — |
| Financial health | ||||||||||
| Total debt | $370.9M | $410.3M | $477.6M | $568.9M | $537.5M | $403.8M | $389.9M | $229.9M | $6.8M | $6.2M |
| Cash & short-term investments | $93.3M | $88.0M | $117.3M | $137.6M | $136.1M | $152.9M | $170.9M | $346.5M | $152.3M | $175.0M |
| Net debt | $277.7M | $322.2M | $360.3M | $431.2M | $401.4M | $251.0M | $219.0M | −$116.6M | −$145.4M | −$168.8M |
| Debt / equity | 2.53 | 3.36 | 4.68 | 5.69 | 2.95 | 2.52 | 2.04 | 0.92 | 0.03 | 0.02 |
| Debt / assets | 0.56 | 0.60 | 0.63 | 0.68 | 0.59 | 0.60 | 0.56 | 0.42 | 0.02 | 0.02 |
| Net debt / EBITDA | 5.18 | 7.32 | 15.63 | 15.32 | — | — | — | — | — | −44.81 |
| Current ratio | 1.09 | 1.20 | 1.44 | 1.19 | 1.44 | 2.28 | 2.25 | 5.32 | 3.17 | 4.55 |
| Quick ratio | 1.09 | 1.20 | 1.07 | 1.02 | 1.21 | 1.96 | 1.98 | 5.11 | 3.17 | 4.53 |
| Interest coverage | 1.1 | 0.5 | -0.7 | -0.7 | -6.8 | -7.8 | -13.6 | — | — | — |
| Working capital | $17.0M | $34.6M | $75.3M | $43.2M | $84.1M | $155.2M | $153.7M | $322.7M | $122.3M | $154.0M |
| Invested capital | $424.3M | $444.4M | $462.3M | $531.2M | $583.8M | $411.5M | $409.7M | $132.8M | $73.3M | $119.8M |
| Tangible asset value | −$187.4M | −$217.3M | −$251.3M | −$274.1M | −$212.7M | $11.9M | $38.4M | $198.0M | $166.8M | $225.4M |
| Net current asset value | −$306.4M | −$357.1M | −$406.2M | −$468.8M | −$452.3M | −$241.4M | −$232.7M | $100.4M | $120.2M | $152.1M |
| Graham number | $0.52 | — | — | — | — | — | — | — | — | — |
| Graham net-net per share | −$2.67 | −$3.36 | −$3.80 | −$4.44 | −$4.65 | −$2.52 | −$2.81 | $0.77 | $1.15 | $1.56 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | — | $16.1M | — | $14.3M | $279.5M | $0 | $0 |
| Share buybacks (net) | $1.8M | $0 | $0 | $60.2M | $45.0M | $0 | $6.5M | $7.8M | $22.4M | $3.0M |
| Dividends + buybacks / free cash flow | 3.6% | 0.0% | 0.0% | 177.6% | 600.4% | — | — | — | — | 21.3% |
| Capex / revenue | 0.5% | 1.9% | 2.3% | 2.0% | 3.8% | 6.6% | 15.1% | 9.8% | 7.3% | 5.7% |
| Capex / operating cash flow | 6.6% | 21.2% | 21.4% | 30.5% | 70.7% | — | — | — | 98.3% | 50.4% |
| Capex / depreciation | 0.11 | 0.34 | 0.36 | 0.28 | 0.50 | 0.78 | 1.81 | 1.41 | 1.38 | 1.38 |
| Stock-based compensation / revenue | 2.8% | 5.6% | 8.5% | 12.3% | 20.9% | 20.2% | 15.9% | 12.6% | 9.8% | 8.5% |
| R&D / revenue | 15.4% | 17.2% | 18.7% | 18.7% | 17.6% | 17.3% | 17.4% | 17.6% | 11.7% | 10.8% |
| SG&A / revenue | 46.6% | 48.5% | 52.7% | 14.8% | 67.7% | 66.9% | 73.3% | 71.3% | 75.2% | 67.3% |
| Efficiency | ||||||||||
| Days sales outstanding | 26.5 | 27.7 | 30.4 | 30.0 | 34.7 | 40.8 | 30.8 | 18.9 | 18.8 | 18.2 |
| Days of inventory on hand | — | — | 83.2 | 67.1 | 60.9 | 56.5 | 43.9 | 21.9 | — | 4.2 |
| Days payables outstanding | 57.7 | 75.2 | 77.6 | 78.3 | 59.7 | 56.7 | 65.8 | 78.9 | 101.6 | 78.3 |
| Cash conversion cycle (days) | -31.3 | -47.4 | 35.9 | 18.8 | 35.9 | 40.6 | 8.9 | -38.1 | -80.4 | -55.9 |
| Receivables turnover | 13.79 | 13.16 | 12.02 | 12.17 | 10.51 | 8.94 | 11.86 | 19.33 | 19.40 | 20.00 |
| Payables turnover | 6.32 | 4.86 | 4.70 | 4.66 | 6.12 | 6.44 | 5.55 | 4.63 | 3.59 | 4.66 |
| Inventory turnover | — | — | 4.39 | 5.44 | 5.99 | 6.46 | 8.31 | 16.66 | — | 86.99 |
| Asset turnover | 1.09 | 0.99 | 0.91 | 0.83 | 0.80 | 0.77 | 0.72 | 0.86 | 0.97 | 0.78 |
| Average receivables | $53.3M | $54.3M | $60.6M | $59.9M | $60.7M | $59.5M | $37.6M | $18.2M | $15.3M | $12.7M |
| Average payables | $41.2M | $47.3M | $47.8M | $48.3M | $40.5M | $35.7M | $36.3M | $28.1M | $19.8M | $13.3M |
| Average inventory | — | — | $51.2M | $41.4M | $41.3M | $35.6M | $24.2M | $7.8M | $454,000 | $714,000 |
| Intangibles / total assets | 50.4% | 49.7% | 46.7% | 44.4% | 43.4% | 21.9% | 21.7% | 9.4% | 18.8% | 18.9% |
Computed from EGHT's annual financial statements (latest annual report filed May 22, 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.
EGHT valuation and financial ratios
At the end of fiscal 2026 (March 31, 2026), 8x8 traded at 143.7 times earnings. Based on the latest twelve months, the trailing P/E is 48.5 and the forward P/E is 15.8. 8x8 earned a return on equity of 1.2% and a return on invested capital of 2.2% in fiscal 2026. It ended the year with $370.9 million of debt and $93.3 million in cash and short-term investments, net debt of $277.7 million. It returned $1.8 million to shareholders: $0 in dividends and $1.8 million in share buybacks, 4% of free cash flow. The share count rose 57.9% from 90.3M to 142.6M over 9 years.
See the EGHT income statement, the EGHT chart for price history, or the EGHT stock overview for the latest quote and news.
EGHT key metrics FAQ
What is 8x8's P/E ratio?
8x8's trailing P/E ratio is 48.5 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 15.8. At the end of fiscal 2026 it was 143.7.
What is 8x8's EV/EBITDA?
8x8's enterprise value was 9.6 times EBITDA at the end of fiscal 2026 (enterprise value $514.4 million, EBITDA $53.6 million); the current EV/EBITDA is 10.5.
What is 8x8's return on equity?
8x8's return on equity (ROE) was 1.2% in fiscal 2026: net income of $1.6 million on average shareholders' equity of $134.4 million.
What is 8x8's ROIC?
8x8's return on invested capital was 2.2% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does 8x8 have?
8x8 had total debt of $370.9 million at the end of fiscal 2026, a debt-to-equity ratio of 2.53 and $277.7 million of net debt (5.18 times EBITDA).
Does 8x8 buy back its shares?
Yes. 8x8 spent $1.8 million on net share repurchases in fiscal 2026 Shares outstanding changed +9.9% over the year, to 142.6M..
What is 8x8's free cash flow yield?
8x8 generated $52.0 million of free cash flow in fiscal 2026, a free cash flow yield of 22.0% on its market value at year-end ($236.8 million).
What is 8x8's current ratio?
8x8's current ratio was 1.09 at the end of fiscal 2026: current assets were 1.09 times current liabilities.