📣 VC round data is live. Check it out!

DocGo Valuation Multiples

Discover revenue and EBITDA valuation multiples for DocGo and similar public comparables like Biote, Radius Residential, P3 Health Partners, Third Age Health Services and more.

DocGo Overview

About DocGo

DocGo Inc is a provider of last-mile mobile health services and integrated medical mobility solutions. The company uses its care delivery platform to provide mobile health services, virtual care management, and ambulance services. It has three reporting segments: Mobile Health Services, Transportation Services, and Corporate. A majority of its revenue is generated from the Mobile Health Services segment, which includes various healthcare services performed at homes, offices, and other locations and event services such as on-site healthcare support at sporting events and concerts. Geographically, the company generates a majority of its revenue from the United States and the rest from the United Kingdom.


Founded

2020

HQ

United States

Employees

4.4K

Website

docgo.com

Financials (LTM)

Revenue: $316M
EBITDA: ($21M)

EV

$55M

Valuation Multiples

Start free trial

Valuation Multiples for 15K+ Public Comps

AdidasAirbnbAmazonCiscoCoca-ColaDellDropboxIBMIntelMcDonaldsNikeNVIDIASamsungSpotifyTeslaToyota
Browse Valuation Multiples

DocGo Financials

DocGo reported last 12-month revenue of $316M and negative EBITDA of ($21M).

In the same LTM period, DocGo generated $101M in gross profit, ($21M) in EBITDA losses, and had net loss of ($123M).

Revenue (LTM)


DocGo P&L

In the most recent fiscal year, DocGo reported revenue of $322M and EBITDA of ($29M).

DocGo is unprofitable as of last fiscal year, with gross margin of 31%, EBITDA margin of (9%), and net margin of (57%).

See analyst estimates for DocGo
LTMLast FY202320242025202620272028
Revenue$316M$322M$624M$617M$322M
Gross Profit$101M$99M$195M$214M$99M
Gross Margin32%31%31%35%31%
EBITDA($21M)($29M)$31M$46M($73M)
EBITDA Margin(7%)(9%)5%7%(23%)
EBIT Margin(33%)(28%)2%5%(28%)
Net Profit($123M)($182M)$7M$20M($182M)
Net Margin(39%)(57%)1%3%(57%)

Financial data powered by Morningstar, Inc.

DocGo Stock Performance

DocGo has current market cap of $62M, and enterprise value of $55M.

Market Cap Evolution


DocGo's stock price is $0.63.

DocGo share price decreased by 10.7% in the last 30 days, and by 55.6% in the last year.

DocGo has an EPS (earnings per share) of $-1.85.

See more trading valuation data for DocGo
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$55M$62M0.0%-10.7%-11.4%-55.6%$-1.85

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.

Start Free Trial

DocGo Valuation Multiples

DocGo trades at 0.2x EV/Revenue multiple, and (2.6x) EV/EBITDA.

See NTM and 2027E valuation multiples for DocGo

EV / Revenue (LTM)


DocGo Financial Valuation Multiples

As of May 27, 2026, DocGo has market cap of $62M and EV of $55M.

DocGo has a P/E ratio of (0.5x).

LTMLast FY202320242025202620272028
EV/Revenue0.2x0.2x0.1x0.1x0.2x
EV/EBITDA(2.6x)(1.9x)1.8x1.2x(0.7x)
EV/EBIT(0.5x)(0.6x)3.7x1.9x(0.6x)
EV/Gross Profit0.5x0.6x0.3x0.3x0.6x
P/E(0.5x)(0.3x)9.1x3.1x(0.3x)
EV/FCF6.7x2.0x(0.7x)0.9x2.0x

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified DocGo Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.

FactSetMorningstar
Start Free Trial

DocGo Margins & Growth Rates

DocGo decreased revenue by 5% and EBITDA by 64% in the last fiscal year.

In the most recent fiscal year, DocGo reported gross margin of 31%, EBITDA margin of (9%), and net margin of (57%).

See estimated margins and future growth rates for DocGo

DocGo Margins

Last FY202420252026202720282029
Gross Margin31%35%31%34%
EBITDA Margin(9%)7%(23%)(3%)
EBIT Margin(28%)5%(28%)(13%)
Net Margin(57%)3%(57%)(11%)
FCF Margin8%10%8%(7%)

DocGo Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth(5%)(1%)(48%)(5%)
Gross Profit Growth5%9%(54%)5%
EBITDA Growth(64%)45%(261%)(86%)
EBIT Growth(55%)91%(411%)(55%)
Net Profit Growth(82%)191%(1012%)(82%)
FCF Growth(174%)(187%)(58%)(174%)

Data powered by FactSet, Inc. and Morningstar, Inc.

DocGo Operational KPIs

DocGo's revenue per employee in the last FY averaged $0.1M, while opex per employee averaged $0.0M for the same period.

DocGo's Rule of 40 is (8%) (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

DocGo's Rule of X is (16%) (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Access forward-looking KPIs for DocGo
LTMLast FY202320242025202620272028
Rule of 40(7%)(8%)---
Bessemer Rule of X(8%)(16%)---
Revenue per Employee-$0.1M---
Opex per Employee-$0.0M---
S&M Expenses to Revenue0%0%0%0%0%
G&A Expenses to Revenue39%49%24%25%49%
R&D Expenses to Revenue4%4%2%2%4%
Opex to Revenue-58%29%30%58%

Data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 230+ Verticals

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Biote0.9x0.9x3.1x3.5x
Radius Residential1.8x1.5x10.4x8.7x
P3 Health Partners0.2x0.2x(2.3x)(4.4x)
Third Age Health Services2.6x-11.1x-
Maternus-Kliniken1.7x-18.6x-
Joint2.0x1.9x8.4x8.7x
Eureka Group Holdings7.9x7.2x10.8x18.0x
Oceania Healthcare4.4x3.3x16.8x16.6x

This data is available for Pro users. Sign up to see all DocGo competitors and their valuation data.

Start Free Trial

DocGo M&A Activity

DocGo has acquired 2 companies to date.

Last acquisition by DocGo was on October 20th 2025. DocGo acquired SteadyMD for $25M (EV/Revenue multiple of ).

See M&A valuation multiples

Latest Acquisitions by DocGo

SteadyMD
PTI Health
Description
SteadyMD is a St. Louis-based telehealth platform delivering infrastructure for enterprise healthcare providers across all 50 U.S. states. It supplies a network of over 1,000 licensed clinicians covering primary care, mental health, and chronic disease management via secure video and asynchronous tools. Partners like DispatchHealth and Wheel integrate SteadyMD's white-label solutions for rapid program launches, including regulatory compliance and 24/7 clinician staffing. Founded in 2016, the company expanded from direct-to-consumer concierge services to B2B scalability, powering virtual care for hospitals and insurers with HIPAA-compliant technology stacks.
PTI Health is a provider of mobile healthcare services across the United States, specializing in phlebotomy for home-bound patients, nursing homes, and rehabilitation centers. The company delivers laboratory testing at point-of-care locations and supplies medical essentials directly to patients, operating from its headquarters in Richmond, Virginia, to support over 1,000 healthcare facilities nationwide.
HQ CountryUnited StatesUnited States
HQ City
St Louis, MO
Newark, NJ
Deal Date20 Oct 202510 Feb 2025
Valuation$25M$6M
EV/Revenue
EV/EBITDA

This data is available for Pro users. Sign up to see all DocGo acquisitions and their M&A valuation multiples.

Start Free Trial

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

About DocGo

When was DocGo founded?DocGo was founded in 2020.
Where is DocGo headquartered?DocGo is headquartered in United States.
How many employees does DocGo have?As of today, DocGo has over 4K employees.
Who is the CEO of DocGo?DocGo's CEO is Lee Bienstock.
Is DocGo publicly listed?Yes, DocGo is a public company listed on Nasdaq.
What is the stock symbol of DocGo?DocGo trades under DCGO ticker.
When did DocGo go public?DocGo went public in 2021.
Who are competitors of DocGo?DocGo main competitors include Biote, Radius Residential, P3 Health Partners, Third Age Health Services, Maternus-Kliniken, Joint, Eureka Group Holdings, Oceania Healthcare, Propel Funeral Partners, LNA Sante.
What is the current market cap of DocGo?DocGo's current market cap is $62M.
What is the current revenue of DocGo?DocGo's last 12 months revenue is $316M.
What is the current revenue growth of DocGo?DocGo revenue growth (NTM/LTM) is (0%).
What is the current EV/Revenue multiple of DocGo?Current revenue multiple of DocGo is 0.2x.
Is DocGo profitable?No, DocGo is not profitable.
What is the current EBITDA of DocGo?DocGo has negative EBITDA and is not profitable.
What is DocGo's EBITDA margin?DocGo's last 12 months EBITDA margin is (7%).
What is the current EV/EBITDA multiple of DocGo?Current EBITDA multiple of DocGo is (2.6x).
What is the current FCF of DocGo?DocGo's last 12 months FCF is $8M.
What is DocGo's FCF margin?DocGo's last 12 months FCF margin is 3%.
What is the current EV/FCF multiple of DocGo?Current FCF multiple of DocGo is 6.7x.
How many companies DocGo has acquired to date?As of May 2026, DocGo has acquired 2 companies.
What was the largest acquisition by DocGo?$25M acquisition of SteadyMD on 20th October 2025 was the largest M&A DocGo has done to date.
What companies DocGo acquired?DocGo acquired SteadyMD and PTI Health.
In how many companies DocGo has invested to date?DocGo hasn't invested in any companies yet (or none have been disclosed publicly).

See public comps similar to DocGo

Lists including DocGo

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial