To the full analysis
Buyback calculator for Docebo
Docebo stock: key metrics
DCBODocebo had an operating margin of 10.1% and a return on invested capital (ROIC) of 33.7% in fiscal 2025.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2016 | 73.3% | −29.9% | −28.0% |
| 2017 | 74.6% | −40.2% | −42.7% |
| 2018 | 79.1% | −33.1% | −41.6% |
| 2019 | 79.8% | −23.7% | −28.7% |
| 2020 | 81.7% | −12.1% | −12.7% |
| 2021 | 80.1% | −12.9% | −13.0% |
| 2022 | 80.3% | 2.9% | 4.9% |
| 2023 | 80.9% | −2.1% | 1.6% |
| 2024 | 81.0% | 8.7% | 12.3% |
| 2025 | 80.3% | 10.1% | 15.5% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2016 | 0.0% | no data | 0.0% |
| 2017 | 143.4% | no data | −77.0% |
| 2018 | 67.2% | no data | −84.7% |
| 2019 | −38.0% | −53.2% | −18.7% |
| 2020 | −4.0% | −4.9% | −3.1% |
| 2021 | −7.1% | −5.2% | −5.1% |
| 2022 | 3.7% | 1.9% | 2.5% |
| 2023 | 5.6% | −1.7% | 1.8% |
| 2024 | 46.3% | 31.6% | 14.0% |
| 2025 | 50.7% | 33.7% | 18.2% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 17 Jul 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.
