The Duckhorn Portfolio
Financial ratios & Valuation

Forward Multiples (2026 – 2028)

202620272028
Price/Earnings ratio
16.3713.8612.74
Price/Sales ratio
2.422.292.16
Earnings per Share (EPS)
$0.67$0.8$0.87

Historical Multiples (2019 – 2024)

2019 2020 2021 2022 2023 2024 TTM Median
Valuation Ratios
Price/Earnings ratio
89.4461.0445.1534.9120.9115.9931.1134.91
Price/Sales ratio
8.197.307.505.643.592.214.545.64
Price/Book Value ratio
3.183.023.152.421.530.701.912.42
Price/Cash Flow ratio
46.5435.8139.3230.5320.68215.4225.4530.53
Price/Free Cash Flow ratio
82.1147.5649.9686.88-526.94-37.6450.2849.96
Price/Earnings Growth ratio
N/A1.280.605.701.35-0.63180.880.60
Dividend Yield
N/AN/A3.95%N/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
46.84%50.57%49.71%49.71%53.52%53.00%50.67%49.71%
Operating Profit Margin
17.52%23.34%24.98%23.43%26.29%23.39%22.84%23.43%
Pretax Profit Margin
12.41%15.81%22.86%22.21%23.44%18.94%20.14%22.21%
Net Profit Margin
9.16%11.96%16.62%16.15%17.19%13.81%14.61%16.15%
Effective Tax Rate
26.18%24.36%27.29%27.21%26.65%27.07%27.46%27.29%
Return on Assets
1.90%2.79%4.73%4.80%5.14%3.08%4.26%4.80%
Return On Equity
3.56%4.95%6.98%6.94%7.35%4.40%6.33%6.94%
Return on Capital Employed
3.77%5.70%7.46%7.32%8.32%5.41%7.07%7.32%
Liquidity Ratios
Current Ratio
N/AN/A5.53N/AN/AN/A5.18N/A
Quick Ratio
0.690.680.820.900.871.320.720.90
Cash ratio
0.090.120.070.050.080.160.090.07
Days of Sales Outstanding
33.9935.6836.0536.2744.1156.8046.2636.05
Days of Inventory outstanding
668.09669.36577.34556.14627.91859.97634.70577.34
Operating Cycle
702.09705.05613.40592.42672.02916.78646.10613.40
Days of Payables Outstanding
6.6110.187.666.589.4111.0535.737.66
Cash Conversion Cycle
695.48694.87605.73585.83662.61905.72167.03585.83
Debt Ratios
Debt Ratio
0.350.320.200.190.180.170.300.20
Debt Equity Ratio
0.670.570.300.280.260.240.440.30
Long-term Debt to Capitalization
0.390.350.220.210.200.190.200.21
Total Debt to Capitalization
0.400.360.230.220.210.190.210.22
Interest Coverage Ratio
N/AN/A5.69N/AN/AN/A10.395.69
Cash Flow to Debt Ratio
0.100.140.250.270.270.010.270.25
Company Equity Multiplier
1.871.771.471.441.431.421.441.44
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.170.200.190.180.170.010.170.18
Free Cash Flow / Operating Cash Flow Ratio
0.560.750.780.35-0.03-5.720.500.50
Cash Flow Coverage Ratio
0.100.140.250.270.270.010.270.25
Short Term Coverage Ratio
3.854.105.675.175.180.425.115.17
Dividend Payout Ratio
N/AN/A178.64%N/AN/AN/AN/AN/A