DUOL (Duolingo) EV-to-EBITDA: 28.55 (As of Aug. 07, 2026)

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DUOL Duolingo Inc DUOL
72 GF Score
Price $130.90
GF Value $397.42
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Duolingo EV-to-EBITDA?

Duolingo DUOL +6.79% 72 EV-to-EBITDA is 28.55 as of Aug. 07, 2026. GuruFocus rates DUOL with a GF Score™ of 72/100 and a GF Value™ of $397.42 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,961 Software companies, Duolingo ranks worse than 77.87% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Duolingo's enterprise value is $4,897 Mil. Duolingo's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $171 Mil. Therefore, Duolingo's EV-to-EBITDA for today is 28.55.

The historical rank and industry rank for Duolingo's EV-to-EBITDA or its related term are showing as below:

DUOL' s EV-to-EBITDA Range Over the Past 10 Years
Min: -1679.1   Med: -38.95   Max: 554.22
Current: 28.32

During the past 7 years, the highest EV-to-EBITDA of Duolingo was 554.22. The lowest was -1679.10. And the median was -38.95.

DUOL's EV-to-EBITDA is ranked worse than
77.87% of 1961 companies
in the Software industry
Industry Median: 10.64 vs DUOL: 28.32

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-07), Duolingo's stock price is $130.90. Duolingo's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $8.400. Therefore, Duolingo's PE Ratio (TTM) for today is 15.58.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Duolingo  (NAS:DUOL) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Duolingo's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=130.90/8.400
=15.58

Duolingo's share price for today is $130.90.
Duolingo's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.400.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Duolingo EV-to-EBITDA Related Terms


Duolingo EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Duolingo's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Duolingo EV-to-EBITDA Chart

Duolingo Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial -61.79 -37.98 -1,447.19 187.16 47.59

Duolingo Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 160.24 181.36 114.86 47.59 20.16

DUOL vs APPF, CVLT, NAVN: EV-to-EBITDA Comparison

For the Software - Application subindustry, Duolingo's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Duolingo EV-to-EBITDA vs Software Industry

For the Software industry and Technology sector, Duolingo's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Duolingo's EV-to-EBITDA falls into.


DUOL
72GF Score
Duolingo Inc DUOL
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Duolingo EV-to-EBITDA Calculation

Duolingo's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=4896.598/171.495
=28.55

Duolingo's current Enterprise Value is $4,897 Mil.
Duolingo's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $171 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 28.55 mean?
Duolingo (DUOL) has a EV-to-EBITDA of 28.55 as of Aug. 07, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Duolingo. According to the industry distribution chart, Duolingo ranks #1527 out of 1961 companies in the Software industry, placing it in the top 77.9%.
Is Duolingo's EV-to-EBITDA too high?
Duolingo's current EV-to-EBITDA is 28.55. The Software industry median EV-to-EBITDA is 10.64. Duolingo's value of 28.55 is 168.3% above this industry median. Based on the distribution chart, Duolingo ranks #1527 out of 1961 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Duolingo has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Duolingo's EV-to-EBITDA compare to APPF and CVLT?
According to the Software industry distribution chart, Duolingo ranks #1527 out of 1961 companies for EV-to-EBITDA. This places Duolingo in the lower half of its industry. The industry median EV-to-EBITDA is 10.64. Duolingo's value of 28.55 is 168.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Software company?
The median EV-to-EBITDA among Software companies is 10.64, based on 1,961 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Duolingo's current EV-to-EBITDA of 28.55 is 168.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Duolingo. For the Software industry, the median EV-to-EBITDA is 10.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Duolingo's current EV-to-EBITDA is 28.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Duolingo stock overvalued right now?
Based on GuruFocus' analysis, Duolingo (DUOL) is currently considered Significantly Undervalued. The stock's GF Value™ is $397.42, compared to a current price of $130.90 — trading 67.1% below its estimated fair value. The current EV-to-EBITDA is 28.55 and 168.3% above the Software industry median of 10.64. Duolingo's overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Duolingo (DUOL), the current EV-to-EBITDA is 28.55 as of Aug. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Duolingo (DUOL) Overvalued in 2026?

Based on GuruFocus' analysis, Duolingo stock appears to be undervalued. The current stock price of $130.90 is trading 67.1% below its estimated GF Value™ of $397.42. GuruFocus considers Duolingo to be Significantly Undervalued.

Key valuation signals for DUOL:

  • EV-to-EBITDA: 28.55
  • GF Value™: $397.42 vs. price of $130.90 (67.1% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 168.3% above the Software median (#1527 of 1961)

No single metric tells the full story. See the DUOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Duolingo Business Description

Other Exchanges DUOL:MexicoDUOL34:Brazil
Address 5900 Penn Avenue, Pittsburgh, PA, USA, 15206
Duolingo Inc is a technology company that develops a mobile learning platform to learn languages. Its products are powered by sophisticated data analytics and artificial intelligence and delivered with class art, animation, and design to make it easier for learners to stay motivated, master new material, and achieve their learning goals. Its solutions include the Duolingo Language Learning App, Super Duolingo, Duolingo English Test: AI-Driven Language Assessment, Duolingo For Schools, Duolingo ABC, and Duolingo Math. It has four predominant sources of revenue: time-based subscriptions, in-app advertising placement by third parties, the Duolingo English Test, and In-App purchases. Geographically, the company generates revenue from its customers in the United States and other markets.
72GF Score

Get the complete analysis for DUOL

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$130.90
Price
$397.42
GF Value