Docusign (STU:DS3) FCF Margin %: 34.86% (As of Apr. 2026) — 119% Above Median


STU:DS3 Docusign Inc STU:DS3
62 GF Score
Price €37.20
GF Value €63.69
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Docusign FCF Margin %?

Docusign STU:DS3 -4.37% 62 FCF Margin % is 34.86% as of Apr. 2026, which is 119% above its 10-year median of 15.92. GuruFocus rates STU:DS3 with a GF Score™ of 62/100 and a GF Value™ of €63.69 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,815 Software companies, Docusign ranks better than 95.42% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Docusign's Free Cash Flow for the three months ended in Apr. 2026 was €247 Mil. Docusign's Revenue for the three months ended in Apr. 2026 was €710 Mil. Therefore, Docusign's FCF Margin % for the quarter that ended in Apr. 2026 was 34.86%.

As of today, Docusign's current FCF Yield % is 13.82%.

The historical rank and industry rank for Docusign's FCF Margin % or its related term are showing as below:

STU:DS3' s FCF Margin % Range Over the Past 10 Years
Min: -12.61   Med: 15.92   Max: 34.07
Current: 34.07


During the past 11 years, the highest FCF Margin % of Docusign was 34.07%. The lowest was -12.61%. And the median was 15.92%.

STU:DS3's FCF Margin % is ranked better than
95.42% of 2815 companies
in the Software industry
Industry Median: 2.41 vs STU:DS3: 34.07


Docusign FCF Margin % Related Terms


Docusign FCF Margin % Historical Data

* Premium members only.

The historical data trend for Docusign's FCF Margin % 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.

Docusign FCF Margin % Chart

Docusign Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.12 17.06 32.12 30.92 32.88

Docusign Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
FCF Margin % 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 29.83 27.18 32.13 41.85 34.86

STU:DS3 vs BSY, FROG, HUBS: FCF Margin % Comparison

For the Software - Application subindustry, Docusign's FCF Margin %, along with its competitors' market caps and FCF Margin % 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.


Docusign FCF Margin % vs Software Industry

For the Software industry and Technology sector, Docusign's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Docusign's FCF Margin % falls into.


STU:DS3
62GF Score
Docusign Inc STU:DS3
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Docusign FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Docusign's FCF Margin for the fiscal year that ended in Jan. 2026 is calculated as

FCF Margin=Free Cash Flow (A: Jan. 2026 )/Revenue (A: Jan. 2026 )
=900.836/2739.795
=32.88 %

Docusign's FCF Margin for the quarter that ended in Apr. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=247.467/709.851
=34.86 %

* 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 FCF Margin % →
What does a FCF Margin % of 34.86% mean?
Docusign (STU:DS3) has a FCF Margin % of 34.86% as of Apr. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Docusign and its competitors. This is 119% above median its historical median of 15.92. According to the industry distribution chart, Docusign ranks #129 out of 2815 companies in the Software industry, placing it in the top 4.6%.
Is Docusign's FCF Margin % too high?
Docusign's current FCF Margin % of 34.86% is 119% above median its 10-year median of 15.92. The Software industry median FCF Margin % is 2.41. Docusign's value of 34.86% is 1346.5% above this industry median. Based on the distribution chart, Docusign ranks #129 out of 2815 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Docusign has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Docusign's FCF Margin % compare to BSY and FROG?
According to the Software industry distribution chart, Docusign ranks #129 out of 2815 companies for FCF Margin %. This places Docusign in the top 5% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 2.41. Docusign's value of 34.86% is 1346.5% above this benchmark. While the company's 10-year median is 15.92 vs. the industry median of 2.41, Docusign has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Software company?
The median FCF Margin % among Software companies is 2.41, based on 2,815 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Docusign's current FCF Margin % of 34.86% is 1346.5% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Docusign and its competitors. For the Software industry, the median FCF Margin % is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Docusign's current FCF Margin % is 34.86%, which is 119% above median its own 10-year median of 15.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Docusign stock overvalued right now?
Based on GuruFocus' analysis, Docusign (STU:DS3) is currently considered Significantly Undervalued. The stock's GF Value™ is €63.69, compared to a current price of €37.20 — trading 41.6% below its estimated fair value. The current FCF Margin % is 34.86%, which is 119% above median its 10-year median of 15.92 and 1346.5% above the Software industry median of 2.41. Docusign's overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Docusign (STU:DS3), the current FCF Margin % is 34.86% as of Apr. 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 Docusign (STU:DS3) Overvalued in 2026?

Based on GuruFocus' analysis, Docusign stock appears to be undervalued. The current stock price of €37.20 is trading 41.6% below its estimated GF Value™ of €63.69. GuruFocus considers Docusign to be Significantly Undervalued.

Key valuation signals for STU:DS3:

  • FCF Margin %: 34.86% (119% above median its 10-year median of 15.92)
  • GF Value™: €63.69 vs. price of €37.20 (41.6% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 1346.5% above the Software median (#129 of 2815)

No single metric tells the full story. See the STU:DS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Docusign Business Description

Address 221 Main Street, Suite 800, San Francisco, CA, USA, 94105
Docusign offers Agreement Cloud, a broad cloud-based software suite that enables users to automate the agreement process and provide legally binding e-signatures from nearly any device. The company was founded in 2003 and completed its initial public offering in 2018.
62GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€37.20
Price
€63.69
GF Value