DOCU vs USDW vs LAW Stock Comparison

Docusign, Made In Usa and CS Disco Prices as of Oct 27, 2026 Peers: Industry group
DOCU Docusign, Inc.
$82.04 +21.5% 1M +14.8% 1Y
Market cap
$15.86B
P/E
48.1x
Revenue (TTM)
$3.36B
Div. yield
–
Compliance Software Technology
5 wins
USDW Made In Usa Inc.
$5.00 0.0% 1M +861.5% 1Y
Market cap
$89.81M
P/E
–
Revenue (TTM)
$1.10K
Div. yield
–
Compliance Software Technology
1 win
LAW CS Disco, Inc.
$5.05 +16.6% 1M -26.7% 1Y
Market cap
$327.93M
P/E
–
Revenue (TTM)
$167.12M
Div. yield
–
Compliance Software Technology
1 win

Head to Head

7 decided of 12

Docusign leads on 5 of the 12 questions below (Docusign 5, CS Disco 1, Made In Usa 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDOCUUSDWLAWLeader
Larger companyMarket capitalisation $15.86B $89.81M $327.93M DOCU
Cheaper on earningsLower P/E, profitable companies only 48.1x -83,859x -8.1x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 18.5x — — –
Faster revenue growthRevenue growth, trailing twelve months +8.6% -98.1% +12.9% LAW
More profitableNet margin, trailing twelve months 9.8% -1,043.0% -24.2% DOCU
Better return on capitalReturn on invested capital — — — –
Less leveragedLower net debt / EBITDA — — — –
Higher dividend yieldTrailing dividend yield 0.00% — 0.00% –
Better 1-year returnPrice return, last 12 months +14.8% +861.5% -26.7% USDW
Better 5-year returnAnnualised price return, 5 years -21.6%/yr — -37.7%/yr DOCU
Less volatileAnnualised volatility, 1 year 48.5% — 77.3% DOCU
Higher overall scoreMean of the five percentile scores vs peers 71/100 15/100 45/100 DOCU

Percentile Scorecard

DOCUUSDWLAW

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisDOCUUSDWLAW
Valuation 67 #34 of 101 9 #92 of 101 26 #75 of 101
Growth 74 #26 of 97 15 #83 of 97 52 #47 of 97
Profitability 89 #11 of 94 22 #74 of 94 31 #65 of 94
Financial Health 54 #50 of 108 – 91 #11 of 108
Shareholder Returns 73 #18 of 64 – 25 #48 of 64
Overall 71 15 45
  • DOCU ranked among 114 companies in Business Applications
  • USDW ranked among 114 companies in Business Applications
  • LAW ranked among 114 companies in Business Applications

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodDOCUUSDWLAWSPY
1 month +21.5%0.0%+16.6% -0.2%
3 months +46.6%+861.5%+19.7% +3.9%
6 months +79.2%+861.5%+13.5% +8.2%
Year to date +19.9%+861.5%-34.9% +12.9%
1 year +14.8%+861.5%-26.7% +12.3%
3 years +112.9%—-12.2% +87.4%
3 years, per year +28.7%—-4.2% +23.3%
5 years -70.3%—-90.6% +67.9%
5 years, per year -21.6%—-37.7% +10.9%

Risk

MeasureDOCUUSDWLAWSPY
Volatility, 1Y 48.5%—77.3% 12.7%
Downside volatility, 1Y 48.4%—85.0% 12.7%
Beta vs S&P 500, 1Y 0.45—0.35 1.00
Return / volatility, 1Y 0.31—-0.35 0.97
Max drawdown, 5Y -86.4%0.0%-95.2% -25.4%
From 52-week high -3.8%0.0%-43.3% -1.2%
52-week high $85.27$5.00$8.91 $779.14
52-week low $41.75$5.00$2.76 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleDOCUUSDWLAW
P/E now vs peer median 47.6xmedian 28.3x -83,859xmedian 28.3x -8.1xmedian 28.3x
P/S now vs peer median 4.6xmedian 2.8x 3,514xmedian 2.8x 2.0xmedian 2.8x
EV/EBITDA now vs peer median 18.4xmedian 17.3x —median 17.3x -5.7xmedian 17.3x
P/FCF now vs peer median 12.9xmedian 15.8x -1,618xmedian 15.8x -20.0xmedian 15.8x
P/B now vs peer median 9.0xmedian 3.2x 3.6xmedian 3.2x 2.7xmedian 3.2x
PEG now vs peer median 0.26median 0.85 -3,030median 0.85 -0.40median 0.85

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsDOCUUSDWLAW
Revenue $3.36B $1.10K $167.12M
Gross profit $2.67B $1.10K $125.05M
Operating income $402.03M -$11.67K -$43.01M
Net income $329.94M -$11.47K -$40.44M
Free cash flow $1.20B -$25.00M -$16.39M
R&D $659.08M – $58.00M
EPS (diluted) $1.71 $0.00 $-0.63
Cash & equivalents $528.16M – $10.89M
Shares (diluted) 193.12M 22.96M 64.49M
Enterprise value $12.56B $89.81M -$104.59M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricDOCUUSDWLAW
P/E 47.6x -83,859x -8.1x
P/FCF 12.9x -1,618x -20.0x
P/Operating cash flow 11.7x -3.6x -25.2x
P/S 4.6x 3,514x 2.0x
P/B 9.0x 3.6x 2.7x
P/Tangible book 9.3x -144,394x 2.7x
EV/EBITDA 18.4x – -5.7x
EV/EBIT 36.5x -7,694x -5.3x
EV/Revenue 4.4x 81,648x 1.4x
EV/FCF 12.2x -3.6x -13.8x
EV/Operating cash flow 11.1x -3.6x -17.4x
PEG (3Y EPS CAGR) 0.26 -3,030 -0.40

Growth

14 metrics
MetricDOCUUSDWLAW
Revenue growth (1Y) 8.6% -98.1% 12.9%
Revenue CAGR (3Y) 8.2% – 7.5%
Gross profit growth (1Y) 8.8% -98.1% 14.1%
Gross profit CAGR (3Y) 8.3% – 7.6%
Operating income growth (1Y) 64.1% 50.9% 30.0%
Operating income CAGR (3Y) 160.2% – 18.5%
Net income growth (1Y) 17.4% 51.7% 28.5%
Net income CAGR (3Y) 177.3% -20.2% 18.3%
EPS growth (1Y) 28.3% 85.9% 32.1%
EPS CAGR (3Y) 183.7% 27.7% 20.3%
Operating cash flow growth (1Y) 27.3% -35,924% 16.2%
Operating cash flow CAGR (3Y) 27.8% -928.2% 34.2%
Free cash flow growth (1Y) 28.1% -26,667% 11.0%
Free cash flow CAGR (3Y) 29.9% -928.2% 31.3%

Profitability

14 metrics
MetricDOCUUSDWLAW
Gross margin 79.5% 100.0% 74.8%
EBITDA margin 23.7% – -23.7%
Operating margin 12.0% -1,061% -25.7%
Pretax margin 13.1% -1,043% -23.8%
Net margin 9.8% -1,043% -24.2%
FCF margin 35.7% -2,272,784% -9.8%
Operating cash flow margin 39.4% -2,272,784% -7.8%
Return on equity 18.6% -0.1% -33.1%
Return on assets 8.3% -0.1% -25.0%
Return on invested capital – – –
Return on capital employed 20.1% -0.1% -34.6%
Asset turnover 0.8x 0.0x 1.0x
Cash conversion (OCF / net income) 4.0x 2,179x 0.3x
Stock comp / revenue 15.3% – 13.5%

Financial Health

11 metrics
MetricDOCUUSDWLAW
Debt / assets – – –
Debt / equity – – –
Net debt / EBITDA – – –
Debt / FCF – – –
Liabilities / assets 56.6% 0.0% 25.5%
Equity / assets 43.4% 100.0% 74.5%
Interest coverage 170.4x – –
Current ratio 0.6x – 3.8x
Quick ratio 0.6x – 3.7x
Cash ratio 0.4x – 2.7x
Altman Z-score 4.28 – 2.57

Shareholder Returns

7 metrics
MetricDOCUUSDWLAW
Dividend yield – – –
Net buyback yield 6.9% – 0.0%
Shareholder yield 6.9% – 0.0%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusDOCUUSDWLAW
Forward P/E 18.5xFY2026 – –
EPS, next fiscal year $4.43FY2026 – $-0.14FY2026
EPS growth, next FY +15.4%FY2026 – –
EPS growth, the year after +12.6% – –
Revenue, next fiscal year $3.62BFY2026 – $183.94MFY2026
Revenue growth, next FY +12.4%FY2026 – +17.3%FY2026
Revenue growth, the year after -0.2% – +2.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDOCUUSDWLAW
Held by institutions 90.0% – 54.6%
Institutions holding 670 – 119
Change in shares held, QoQ -1.2% – -0.5%
Institutions buying 329 – 66
Institutions selling 243 – 31
Buyers to sellers 1.35 – 2.13

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

DOCUUSDWLAW
DOCU 1.00 – 0.52
USDW – – –
LAW 0.52 – 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DOCU, USDW and LAW?

Docusign (DOCU) is the largest by market capitalisation: Docusign (DOCU) $15.86B, Made In Usa (USDW) $89.81M, CS Disco (LAW) $327.93M.

Which company is growing faster?

CS Disco (LAW) grew revenue fastest over the trailing twelve months: Docusign (DOCU) +8.6%, Made In Usa (USDW) -98.1%, CS Disco (LAW) +12.9%.

Which company is more profitable?

Docusign (DOCU) has the highest net margin (Docusign (DOCU) 9.8%, Made In Usa (USDW) -1,043.0%, CS Disco (LAW) -24.2%).

Which stock has performed better?

Over the past year Made In Usa (USDW) returned the most: Docusign (DOCU) +14.8%, Made In Usa (USDW) +861.5%, CS Disco (LAW) -26.7%. Over five years, Docusign (DOCU) compounded fastest (Docusign (DOCU) -21.6%/yr, CS Disco (LAW) -37.7%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Docusign (DOCU) has been the steadiest (Docusign (DOCU) 48.5%, CS Disco (LAW) 77.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DOCU, USDW and LAW?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Docusign (DOCU) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.