Q2 Holdings (QTWO) Ratios
Q2 Holdings Ratios
MX:QTWO's free cash flow for Q3 2026 was $62.62M. For the 2026 fiscal year, MX:QTWO's free cash flow was decreased by $-2.06M and operating cash flow was $64.68M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.02 | 1.40 | 2.23 | 2.77 | 3.10 |
| Quick Ratio | 1.02 | 1.40 | 2.23 | 2.77 | 3.10 |
| Cash Ratio | 0.68 | 0.90 | 1.20 | 1.04 | 1.92 |
| Solvency Ratio | 0.17 | 0.04 | 0.03 | -0.05 | -0.07 |
| Operating Cash Flow Ratio | 0.37 | 0.34 | 0.37 | 0.19 | 0.18 |
| Short-Term Operating Cash Flow Coverage | 0.66 | 0.71 | 0.00 | 3.35 | 0.00 |
| Net Current Asset Value | $ -58.41M | $ -218.34M | $ -324.98M | $ -399.63M | $ -292.30M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.27 | 0.42 | 0.46 | 0.54 | 0.45 |
| Debt-to-Equity Ratio | 0.52 | 1.05 | 1.22 | 1.75 | 1.09 |
| Debt-to-Capital Ratio | 0.34 | 0.51 | 0.55 | 0.64 | 0.52 |
| Long-Term Debt-to-Capital Ratio | 0.00 | 0.37 | 0.52 | 0.61 | 0.49 |
| Financial Leverage Ratio | 1.93 | 2.50 | 2.68 | 3.22 | 2.43 |
| Debt Service Coverage Ratio | 0.36 | 0.18 | 4.44 | -2.31 | -0.75 |
| Interest Coverage Ratio | 8.44 | -8.56 | -15.01 | -15.69 | -2.36 |
| Debt to Market Cap | 0.07 | 0.08 | 0.19 | 0.43 | 0.12 |
| Interest Debt Per Share | 5.67 | 9.12 | 9.50 | 12.91 | 11.62 |
| Net Debt to EBITDA | -0.18 | 4.30 | 11.00 | -14.14 | -12.89 |
| Profitability Margins | |||||
| Gross Profit Margin | 54.05% | 50.90% | 48.45% | 45.32% | 45.12% |
| EBIT Margin | 7.57% | -3.72% | -8.98% | -17.57% | -15.65% |
| EBITDA Margin | 14.29% | 6.16% | 4.65% | -6.67% | -4.65% |
| Operating Profit Margin | 5.74% | -6.07% | -13.78% | -18.52% | -15.64% |
| Pretax Profit Margin | 6.89% | -4.43% | -9.90% | -18.75% | -22.28% |
| Net Profit Margin | 6.54% | -5.53% | -10.47% | -19.27% | -22.61% |
| Continuous Operations Profit Margin | 6.54% | -5.53% | -10.47% | -19.27% | -22.61% |
| Net Income Per EBT | 95.04% | 124.87% | 105.76% | 102.74% | 101.48% |
| EBT Per EBIT | 119.91% | 73.02% | 71.84% | 101.25% | 142.45% |
| Return on Assets (ROA) | 4.07% | -2.98% | -5.44% | -8.07% | -8.14% |
| Return on Equity (ROE) | 7.86% | -7.44% | -14.58% | -26.01% | -19.77% |
| Return on Capital Employed (ROCE) | 6.23% | -4.72% | -8.52% | -9.05% | -6.41% |
| Return on Invested Capital (ROIC) | 4.15% | -3.85% | -8.41% | -8.88% | -6.36% |
| Return on Tangible Assets | 7.59% | -5.61% | -11.53% | -15.77% | -15.89% |
| Earnings Yield | 1.16% | -0.64% | -2.58% | -7.08% | -2.52% |
| Efficiency Ratios | |||||
| Receivables Turnover | 10.68 | 13.94 | 11.99 | 10.17 | 10.21 |
| Payables Turnover | 17.84 | 36.56 | 16.64 | 30.76 | 25.83 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Asset Turnover | 14.46 | 11.25 | 8.15 | 5.86 | 4.19 |
| Asset Turnover | 0.62 | 0.54 | 0.52 | 0.42 | 0.36 |
| Working Capital Turnover Ratio | 9.26 | 3.52 | 2.17 | 1.63 | 1.21 |
| Cash Conversion Cycle | 13.71 | 16.21 | 8.50 | 24.04 | 21.60 |
| Days of Sales Outstanding | 34.17 | 26.19 | 30.44 | 35.90 | 35.73 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Payables Outstanding | 20.46 | 9.98 | 21.94 | 11.86 | 14.13 |
| Operating Cycle | 34.17 | 26.19 | 30.44 | 35.90 | 35.73 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 3.24 | 2.26 | 1.20 | 0.64 | 0.55 |
| Free Cash Flow Per Share | 3.13 | 2.15 | 0.68 | 0.11 | 0.10 |
| Dividend Paid and CapEx Coverage Ratio | 29.58 | 20.29 | 2.29 | 1.22 | 1.21 |
| Capital Expenditure Coverage Ratio | 29.58 | 20.29 | 2.29 | 1.22 | 1.21 |
| Operating Cash Flow Coverage Ratio | 0.58 | 0.25 | 0.13 | 0.05 | 0.05 |
| Operating Cash Flow to Sales Ratio | 0.25 | 0.19 | 0.11 | 0.06 | 0.06 |
| Free Cash Flow Yield | 4.34% | 2.13% | 1.57% | 0.42% | 0.12% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 85.90 | -157.27 | -38.74 | -14.13 | -39.73 |
| Price-to-Sales (P/S) Ratio | 5.64 | 8.69 | 4.06 | 2.72 | 8.98 |
| Price-to-Book (P/B) Ratio | 6.78 | 11.68 | 5.65 | 3.67 | 7.86 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 23.04 | 46.87 | 63.89 | 236.72 | 818.55 |
| Price-to-Operating Cash Flow Ratio | 22.26 | 44.56 | 36.04 | 42.12 | 144.09 |
| Price-to-Earnings Growth (PEG) Ratio | -0.37 | 3.67 | 0.94 | 2.83 | 1.62 |
| Enterprise Value Multiple | 39.31 | 145.36 | 98.30 | -54.94 | -206.00 |
| Enterprise Value | 4.46B | 6.23B | 2.85B | 2.07B | 4.78B |
| EV to EBITDA | 39.31 | 145.36 | 98.30 | -54.94 | -206.00 |
| EV to Sales | 5.62 | 8.95 | 4.57 | 3.67 | 9.58 |
| EV to Free Cash Flow | 22.94 | 48.30 | 71.94 | 318.79 | 873.21 |
| EV to Operating Cash Flow | 22.16 | 45.92 | 40.58 | 56.72 | 153.71 |
| Tangible Book Value Per Share | 1.14 | -1.49 | -3.19 | -4.18 | -1.86 |
| Shareholders’ Equity Per Share | 10.65 | 8.61 | 7.69 | 7.31 | 10.11 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.05 | -0.25 | -0.06 | -0.03 | -0.01 |
| Revenue Per Share | 12.79 | 11.59 | 10.70 | 9.87 | 8.84 |
| Net Income Per Share | 0.84 | -0.64 | -1.12 | -1.90 | -2.00 |
| Tax Burden | 0.95 | 1.25 | 1.06 | 1.03 | 1.01 |
| Interest Burden | 0.91 | 1.19 | 1.10 | 1.07 | 1.42 |
| Research & Development to Revenue | 0.19 | 0.21 | 0.22 | 0.23 | 0.23 |
| SG&A to Revenue | 0.29 | 0.33 | 0.18 | 0.16 | 0.16 |
| Stock-Based Compensation to Revenue | 0.11 | 0.13 | 0.13 | 0.12 | 0.11 |
| Income Quality | 3.87 | -3.52 | -1.08 | -0.34 | -0.28 |
Currency in USD
