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Duolingo, Inc. (DUOL) EV/EBITDA Ratio: 23.03x

Is Duolingo, Inc.’s EV/EBITDA ratio high or low?

Duolingo, Inc.'s EV/EBITDA ratio of 23.03x is 83% below its 2-year average of 135.47x, near the low end of its 2-year range (17.99x–461.18x).

As of Friday, June 12, 2026. 65.62% below its 12-month average of 66.99x.

DUOL EV/EBITDA Ratio Chart

DUOL EV/EBITDA Ratio
23.03x-87.12% 1Y
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DUOL Average EV/EBITDA Ratio Chart

DUOL Current vs Average EV/EBITDA Ratio Chart

DUOL EV/EBITDA Ratio Metrics

EV/EBITDA RATIO

23.03x

EV/EBITDA RATIO AVG TTM

66.99x

EV/EBITDA RATIO AVG 3Y

135.47x

EV/EBITDA RATIO AVG 5Y

135.47x

EV/EBITDA RATIO AVG 10Y

135.47x

EV/EBITDA RATIO AVG 15Y

135.47x

EV/EBITDA RATIO AVG 20Y

135.47x

CURRENT VS TTM AVG

-65.62%

CURRENT VS 3Y AVG

-83.00%

CURRENT VS 5Y AVG

-83.00%

CURRENT VS 10Y AVG

-83.00%

CURRENT VS 15Y AVG

-83.00%

CURRENT VS 20Y AVG

-83.00%

DUOL Competitors' EV/EBITDA Ratio

NAMEMARKET CAPEV/EBITDA RATIOTTM3Y5Y
Duolingo, Inc. (DUOL)$5.77B23.03x66.99x135.47x135.47x
UiPath Inc. (PATH)$5.66B31.59x492.16x492.16x492.16x
Lyft, Inc. (LYFT)$5.21B80.12x40.09x42.04x42.04x
AXT, Inc. (AXTI)$4.10BN/A65.42x18.28x25.39x
ZoomInfo Technologies Inc. (ZI)$3.42B28.70x17.24x29.51x58.30x
Bill.com Holdings, Inc. (BILL)$3.20B30.55x41.87x126.58x126.58x
DocuSign, Inc. (DOCU)$8.51B14.21x26.33x69.47x332.12x
Ichor Holdings, Ltd. (ICHR)$2.93BN/A128.51x71.86x48.32x
HubSpot, Inc. (HUBS)$9.55B34.78x145.16x226.24x3009.21x
C3.ai, Inc. (AI)$1.53BN/AN/AN/AN/A

EV/EBITDA vs. its own history

At 23.0, EV/EBITDA is at an extreme level (the multiple carries little signal here), sitting higher than 12% of its 2-year history.

2-year low

18.0

median

134.7

2-year high

461.2

cheaperricher

Duolingo, Inc. EV/EBITDA Ratio Formula & Definition

EV/EBITDA = Enterprise Value / EBITDA (TTM)

Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Duolingo, Inc. EV/EBITDA Ratio FAQ

What is the EV/EBITDA ratio for Duolingo, Inc. (DUOL)?
The EV/EBITDA ratio for DUOL stock is 23.03x.
Is Duolingo, Inc.'s EV/EBITDA ratio high or low?
Duolingo, Inc.'s EV/EBITDA ratio of 23.03x is 83% below its 2-year average of 135.47x, near the low end of its 2-year range (17.99x–461.18x).
What is the TTM average EV/EBITDA ratio for Duolingo, Inc. (DUOL)?
The TTM average EV/EBITDA ratio for DUOL stock is 66.99x.
What is the 3Y average EV/EBITDA ratio for Duolingo, Inc. (DUOL)?
The 3Y average EV/EBITDA ratio for DUOL stock is 135.47x.
What is the 5Y average EV/EBITDA ratio for Duolingo, Inc. (DUOL)?
The 5Y average EV/EBITDA ratio for DUOL stock is 135.47x.
What is the 10Y average EV/EBITDA ratio for Duolingo, Inc. (DUOL)?
The 10Y average EV/EBITDA ratio for DUOL stock is 135.47x.
What is the 15Y average EV/EBITDA ratio for Duolingo, Inc. (DUOL)?
The 15Y average EV/EBITDA ratio for DUOL stock is 135.47x.
What is the 20Y average EV/EBITDA ratio for Duolingo, Inc. (DUOL)?
The 20Y average EV/EBITDA ratio for DUOL stock is 135.47x.

Duolingo, Inc. EV/EBITDA Ratio History

DATEEV/EBITDA RATIO
2026-06-1123.03x
2026-06-1022.60x
2026-06-0921.69x
2026-06-0821.71x
2026-06-0519.70x
2026-06-0419.73x
2026-06-0319.34x
2026-06-0219.91x
2026-06-0121.71x
2026-05-2920.23x
2026-05-2819.62x
2026-05-2719.43x
2026-05-2619.13x
2026-05-2219.16x
2026-05-2118.94x
2026-05-2019.21x
2026-05-1920.84x
2026-05-1820.65x
2026-05-1520.39x
2026-05-1419.73x
2026-05-1318.79x
2026-05-1219.03x
2026-05-1118.83x
2026-05-0819.47x
2026-05-0720.73x
2026-05-0618.80x
2026-05-0518.58x
2026-05-0419.97x
2026-05-0123.36x
2026-04-3023.07x
2026-04-2922.24x
2026-04-2822.09x
2026-04-2721.35x
2026-04-2421.39x
2026-04-2320.59x
2026-04-2221.91x
2026-04-2121.18x
2026-04-2021.74x
2026-04-1720.64x
2026-04-1621.39x
2026-04-1520.21x
2026-04-1418.35x
2026-04-1318.88x
2026-04-1017.99x
2026-04-0918.12x
2026-04-0818.25x
2026-04-0719.58x
2026-04-0620.36x
2026-04-0219.64x
2026-04-0119.55x
2026-03-3120.15x
2026-03-3019.03x
2026-03-2719.34x
2026-03-2620.04x
2026-03-2520.29x
2026-03-2419.93x
2026-03-2320.45x
2026-03-2020.02x
2026-03-1920.42x
2026-03-1820.53x
2026-03-1721.62x
2026-03-1621.01x
2026-03-1320.11x
2026-03-1219.23x
2026-03-1120.21x
2026-03-1019.30x
2026-03-0920.62x
2026-03-0621.00x
2026-03-0520.90x
2026-03-0419.55x
2026-03-0320.92x
2026-03-0220.72x
2026-02-2720.77x
2026-02-2624.93x
2026-02-2527.77x
2026-02-2427.11x
2026-02-2326.13x
2026-02-2028.16x
2026-02-1927.61x
2026-02-1828.01x
2026-02-1727.90x
2026-02-1328.05x
2026-02-1227.89x
2026-02-1127.07x
2026-02-1030.48x
2026-02-0929.94x
2026-02-0630.09x
2026-02-0528.58x
2026-02-0429.34x
2026-02-0330.35x
2026-02-0233.83x
2026-01-3034.47x
2026-01-2936.08x
2026-01-2837.08x
2026-01-2738.06x
2026-01-2639.69x
2026-01-2341.02x
2026-01-2240.33x
2026-01-2138.28x
2026-01-2038.80x
2026-01-1639.28x
2026-01-1540.55x
2026-01-1441.10x
2026-01-1343.95x
2026-01-1242.74x
2026-01-0947.19x
2026-01-0846.36x
2026-01-0747.09x
2026-01-0647.87x
2026-01-0549.73x
2026-01-0247.14x
2025-12-3146.85x
2025-12-3047.34x
2025-12-2948.24x
2025-12-2648.69x
2025-12-2448.40x
2025-12-2347.97x
2025-12-2249.80x
2025-12-1949.97x
2025-12-1849.05x
2025-12-1749.37x
2025-12-1650.21x
2025-12-1549.97x
2025-12-1253.05x
2025-12-1154.45x
2025-12-1053.40x
2025-12-0956.88x
2025-12-0856.53x
2025-12-0554.09x
2025-12-0450.69x
2025-12-0349.79x
2025-12-0248.97x
2025-12-0149.82x
2025-11-2851.60x
2025-11-2650.71x
2025-11-2546.92x
2025-11-2445.94x
2025-11-2146.03x
2025-11-2044.61x
2025-11-1946.54x
2025-11-1846.83x
2025-11-1747.67x
2025-11-1449.71x
2025-11-1350.14x
2025-11-1250.16x
2025-11-1152.64x
2025-11-1052.01x
2025-11-0754.53x
2025-11-0652.30x
2025-11-0572.10x
2025-11-0483.76x
2025-11-0384.75x
2025-10-3186.71x
2025-10-3084.02x
2025-10-2987.43x
2025-10-2894.68x
2025-10-2799.09x
2025-10-24100.90x
2025-10-23101.40x
2025-10-2299.38x
2025-10-21102.83x
2025-10-20101.15x
2025-10-17105.03x
2025-10-16107.27x
2025-10-15110.88x
2025-10-14107.97x
2025-10-13107.08x
2025-10-10105.36x
2025-10-09109.55x
2025-10-08113.01x
2025-10-07103.64x
2025-10-06103.75x
2025-10-03104.55x
2025-10-02101.25x
2025-10-0198.06x
2025-09-30104.28x
2025-09-29106.66x
2025-09-26105.84x
2025-09-25101.41x
2025-09-2497.19x
2025-09-2396.61x
2025-09-2299.99x
2025-09-1993.66x
2025-09-1893.24x
2025-09-1789.63x
2025-09-1690.17x
2025-09-1591.67x
2025-09-1299.50x
2025-09-1199.99x
2025-09-1091.95x
2025-09-0987.69x
2025-09-0886.93x
2025-09-0586.89x
2025-09-0487.41x
2025-09-0390.78x
2025-09-0293.34x
2025-08-2996.05x
2025-08-28104.60x
2025-08-27102.94x
2025-08-26102.28x
2025-08-25104.14x
2025-08-22107.72x
2025-08-21112.41x
2025-08-20110.13x
2025-08-19110.74x
2025-08-18120.53x
2025-08-15106.03x
2025-08-14107.04x
2025-08-13106.37x
2025-08-12104.65x
2025-08-11110.71x
2025-08-08120.93x
2025-08-07127.96x
2025-08-06111.75x
2025-08-05126.58x
2025-08-04131.30x
2025-08-01126.06x
2025-07-31129.02x
2025-07-30126.98x
2025-07-29123.99x
2025-07-28126.65x
2025-07-25135.89x
2025-07-24134.66x
2025-07-23134.20x
2025-07-22132.81x
2025-07-21132.66x
2025-07-18138.40x
2025-07-17135.05x
2025-07-16134.82x
2025-07-15141.46x
2025-07-14140.72x
2025-07-11138.52x
2025-07-10142.29x
2025-07-09146.33x
2025-07-08145.82x
2025-07-07148.56x
2025-07-03146.76x
2025-07-02148.78x
2025-07-01151.15x
2025-06-30153.88x
2025-06-27154.36x
2025-06-26149.43x
2025-06-25149.04x
2025-06-24158.88x
2025-06-23168.96x
2025-06-20177.98x
2025-06-18180.78x
2025-06-17179.83x
2025-06-16179.29x
2025-06-13180.69x
2025-06-12181.86x
2025-06-11178.85x
2025-06-10183.64x
2025-06-09188.30x
2025-06-06194.19x
2025-06-05198.12x
2025-06-04196.47x
2025-06-03194.35x
2025-06-02199.63x
2025-05-30196.79x

Showing the most recent 260 of 574 data points. The chart above shows the full history.

About Duolingo, Inc.

Duolingo, Inc. builds and operates an online platform and a mobile application dedicated to language learning, catering to audiences in both the United States and China. The company's comprehensive curriculum spans 40 diverse languages, featuring prominent options such as Spanish, English, French, Japanese, German, Italian, Chinese, and Portuguese, among others. Furthermore, it offers a digital examination for assessing language proficiency. This enterprise was founded in 2011 and its main offices are located in Pittsburgh, Pennsylvania.

Pittsburgh, PA
830 employees
Technology / Software - Application
Sector
Technology
Industry
Software - Application
CEO
Luis Alfonso von Ahn Arellano