DUOLDuolingo, Inc.

$142.97-57% 1Y

RyuScore

Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.

RyuScore 54 out of 100, Average

Average. Duolingo, Inc. scores higher than 49% of the 2,231 companies Ryufin scores.

Carried by return on capital and return on new capital, held back by valuation and capital allocation.

Technology median 46 · all companies 55

Valuation

26% of the score, 33% here after data gaps

18median 53

Duolingo, Inc. is valued at 42.6x its operating profit, including debt: a very rich multiple.

60x
50x
35x
25x
18x
12x
8x
42.6x
Full points at 8x or less, none from 60xfull points

Return on capital

18% of the score, 23% here after data gaps

100median 24

Over 5 years the business earned 238% a year after tax on the capital it uses.

2%
8%
15%
25%
238%
None at 2% or less, full points from 25%full points
Return on capital by year
5 years agolatest 90%

Return on new capital

16% of the score, 20% here after data gaps

100median 33

For every dollar of operating profit earned over 6 years, yearly profit grew by 259 cents. New capital earned 82%, and 316% of profit went back into the business.

-5%
12%
259%
None at minus 5 cents, full points from 12 centsfull points

Capital allocation

14% of the score, 18% here after data gaps

0median 63

How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.

Share countUp 7% a year over 3 years: new shares
0
5%
-3%
7%
0 pointsfull points
Assets against salesAssets grew 63% a year, sales 45%
0
12%
-2%
17%
0 pointsfull points

Cycle position

Taken out: its 12% is shared by the others

n/ano data

Margins have been too thin to measure a cycle against.

Balance sheet

Taken out: its 8% is shared by the others

n/ano data

No debt or interest figures on file.

Earnings quality

6% of the score, 8% here after data gaps

74median 90

Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.

Cash against profitOperating cash flow was 1.59x profit over 3 years
100
0.7x
1x
1.3x
1.6x
0 pointsfull points
AccrualsProfit ran ahead of cash by 1.6% of assets
48
8%
0%
-8%
1.6%
0 pointsfull points
Beneish M-scoreTaken out: sales grew 39% in a year, and the model flags that much growth on its own
n/a

How the RyuScore works

Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. For DUOL, cycle position and balance sheet could not be measured from the filings, so they are taken out and the remaining weights scale up.

Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there. Figures as of 2026-06-30, latest annual report FY2025.