Latest Ratios: P/E Ratio N/A · EV/EBITDA N/A · ROE N/A. (2026–2026 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM |
|---|---|
| Market Cap | — |
| Enterprise Value | — |
| P/E Ratio → | — |
| P/S Ratio | — |
| P/B Ratio | — |
| P/FCF | — |
| P/OCF | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM |
|---|---|
| EV / Revenue | — |
| EV / EBITDA | — |
| EV / EBIT | — |
| EV / FCF | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM |
|---|---|
| Gross Margin | — |
| Operating Margin | — |
| Net Profit Margin | — |
| Metric | TTM |
|---|---|
| ROE | — |
| ROA | — |
| ROIC | — |
| ROCE | — |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM |
|---|---|
| Debt / Equity | — |
| Debt / EBITDA | — |
| Net Debt / Equity | — |
| Net Debt / EBITDA | — |
| Debt / FCF | — |
| Interest Coverage | — |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM |
|---|---|
| Current Ratio | — |
| Quick Ratio | — |
| Cash Ratio | — |
| Asset Turnover | — |
| Inventory Turnover | — |
| Days Sales Outstanding | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM |
|---|---|
| Dividend Yield | — |
| Payout Ratio | — |
| Metric | TTM |
|---|---|
| Earnings Yield | — |
| FCF Yield | — |
| Buyback Yield | — |
| Total Shareholder Yield | — |
| Shares Outstanding | — |
Price-weighting methodology concentration risk
According to market data, DIA maintains a valuation premium relative to broader market trackers, reflecting its status as the primary institutional hedging vehicle for the Dow Jones Industrial Average rather than a reflection of the underlying constituents' aggregate earnings growth or fundamental valuation metrics.
The valuation of the trust appears driven by its unique liquidity profile, which allows it to command a higher expense ratio than broader, lower-cost index alternatives. Investors should monitor whether this premium remains sustainable as institutional demand for specific Dow-based hedging instruments fluctuates relative to broader market-cap-weighted indices.
As reported in financial statements, the trust exhibits structurally high gross margins because the marginal cost of managing additional assets under management is negligible, allowing the sponsor to extract consistent profitability from the fixed expense ratio applied to the total net asset value of the fund.
Profitability is essentially a function of scale and the persistence of the trust's liquidity moat. Because the fund does not engage in active management, these margins appear stable and are unlikely to compress unless a significant competitive fee war forces a reduction in the headline expense ratio.
Based on the trust's operational structure, efficiency is defined by the ability to maintain tight tracking error against the Dow Jones Industrial Average, with administrative costs remaining largely fixed regardless of the total assets under management or the turnover of the underlying 30 constituent stocks.
The lack of active portfolio management means that traditional efficiency metrics like asset turnover are not applicable in the standard sense. Instead, investors should focus on the trust's ability to minimize tracking error, which serves as the primary indicator of operational effectiveness for this passive investment vehicle.
As noted in market analysis, the most commonly misapplied metric for DIA is the standard market-cap-weighted performance analysis, which obscures the fact that the fund's returns are disproportionately influenced by the nominal share prices of its 30 constituents rather than their actual economic size or market capitalization.
Investors often mistakenly treat DIA as a broad proxy for the US economy, failing to account for the idiosyncratic risk introduced by the price-weighting methodology. This structural quirk warrants further investigation, as it means that corporate actions like stock splits can fundamentally alter the fund's exposure without any change in the underlying companies' business performance.
Includes 30+ ratios · 0 years · Updated daily
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Quick answers to the most common questions about buying DIA stock.
Based on historical data, SPDR Dow Jones Industrial Average ETF Trust is trading at valuation metrics that vary. Compare with industry peers and growth rates for a complete picture.