DT - Dynatrace, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$44.29
DETAILS
HIGH:
$51.00
LOW:
$36.00
MEDIAN:
$45.00
CONSENSUS:
$44.29
UPSIDE:
7.47%
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue | 2,018.4 | 1,698.7 | 1,430.5 | 1,158.5 | 929.4 | 703.5 | 545.8 | 431.0 | 398.0 | 406.4 |
| Cost of Revenue | 372.3 | 320.2 | 266.5 | 222.9 | 172.9 | 127.7 | 128.9 | 106.8 | 96.5 | 102.2 |
| Gross Profit | 1,646.1 | 1,378.5 | 1,164.1 | 935.6 | 756.6 | 575.8 | 416.9 | 324.2 | 301.5 | 304.2 |
| Operating Expenses | ||||||||||
| R&D Expenses | 474.3 | 384.6 | 304.7 | 218.3 | 156.3 | 111.4 | 119.3 | 76.8 | 58.3 | 52.9 |
| SG&A Expenses | 907.9 | 800.9 | 708.6 | 598.0 | 488.7 | 337.7 | 428.2 | 270.7 | 209.5 | 179.2 |
| Other Expenses | 0 | 13.5 | 22.3 | 26.3 | 30.2 | 34.8 | 41.4 | 49.4 | 55.5 | 59.6 |
| Operating Expenses | 1,382.2 | 1,199.1 | 1,035.7 | 842.8 | 675.3 | 483.9 | 588.8 | 396.9 | 323.3 | 291.7 |
| Operating Income | ||||||||||
| Operating Income | 263.9 | 179.4 | 128.4 | 92.8 | 81.3 | 91.9 | (171.9) | (72.7) | (21.8) | 12.5 |
| Interest Expense | 0 | 0 | 0 | 3.4 | 10.2 | 14.2 | 45.4 | 69.8 | 35.2 | 25.5 |
| Interest Income | 47.7 | 48.3 | 37.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||
| EBITDA | 288.0 | 227.5 | 183.3 | 147.4 | 138.2 | 153.0 | (106.8) | 10.0 | 65.7 | 94.0 |
| EBIT | 263.9 | 179.4 | 128.4 | 92.8 | 81.3 | 92.1 | (173.1) | (70.1) | (16.6) | 9.1 |
| Income Before Tax | 299.8 | 223.4 | 154.9 | 90.0 | 71.7 | 77.9 | (218.5) | (139.9) | (51.8) | (16.4) |
| Income Tax Expense | 137.1 | (260.3) | 0.3 | (18.0) | 19.2 | 2.1 | 195.3 | (23.7) | (61.0) | (17.2) |
| Net Income | 162.7 | 483.7 | 154.6 | 108.0 | 52.5 | 75.7 | (413.8) | (116.2) | 9.2 | 0.8 |
| Per Share Data | ||||||||||
| EPS (Basic) | 0.54 | 1.62 | 0.53 | 0.38 | 0.18 | 0.27 | -1.58 | -0.42 | 0.03 | 0.00 |
| EPS (Diluted) | 0.54 | 1.59 | 0.52 | 0.37 | 0.18 | 0.26 | -1.58 | -0.42 | 0.03 | 0.00 |
| Shares Outstanding | 297.5 | 298.4 | 294.1 | 287.7 | 284.2 | 280.5 | 264.9 | 275.5 | 275.5 | 280.4 |
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 1,097.2 | 1,017.0 | 779.0 | 555.3 | 463.0 | 325.0 | 213.2 | 51.3 | 77.6 | 57.9 |
| Short-Term Investments | 74.9 | 96.2 | 57.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 710.2 | 636.0 | 613.6 | 442.5 | 350.7 | 242.1 | 157.1 | 115.4 | 136.5 | 114.6 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 241.1 | 122.7 | 108.4 | 90.3 | 110.0 | 92.9 | 104.4 | 33.1 | 20.8 | 19.5 |
| Total Current Assets | 2,123.4 | 1,931.5 | 1,605.3 | 1,118.2 | 948.4 | 680.3 | 487.8 | 213.2 | 244.4 | 202.3 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 212.3 | 129.0 | 114.7 | 121.7 | 104.1 | 79.9 | 31.5 | 17.9 | 18.5 | 15.5 |
| Goodwill | 1,350.3 | 1,336.4 | 1,335.5 | 1,281.8 | 1,281.9 | 1,271.2 | 1,270.7 | 1,270.1 | 1,270.9 | 1,251.2 |
| Intangible Assets | 22.9 | 25.5 | 51.0 | 63.6 | 105.7 | 149.5 | 201.6 | 259.1 | 330.1 | 398.2 |
| Long-Term Investments | 0 | 51.6 | 46.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 198.2 | 136.0 | 118.1 | 100.3 | 73.0 | 58.6 | 47.9 | 40.3 | 25.2 | 26.2 |
| Total Non-Current Assets | 2,292.3 | 2,208.2 | 1,804.5 | 1,647.2 | 1,592.9 | 1,575.9 | 1,559.1 | 1,598.1 | 1,654.6 | 1,691.0 |
| Total Assets | 4,415.7 | 4,139.7 | 3,409.8 | 2,765.3 | 2,541.3 | 2,256.2 | 2,046.9 | 1,811.4 | 1,899.0 | 1,893.2 |
| Current Liabilities | ||||||||||
| Account Payables | 2.7 | 27.3 | 21.4 | 22.0 | 22.7 | 9.6 | 11.1 | 6.6 | 3.2 | 3.8 |
| Short-Term Debt | 22.6 | 0 | 0 | 0 | 0 | 0 | 0 | 606.6 | 1,747.4 | 0 |
| Deferred Revenue | 1,241.5 | 1,087.5 | 988.0 | 811.1 | 688.6 | 509.3 | 384.1 | 272.8 | 194.0 | 0 |
| Other Current Liabilities | 302.3 | 127.7 | 127.1 | 106.0 | 76.3 | 63.9 | 40.7 | 35.2 | 32.4 | 1,940.7 |
| Total Current Liabilities | 1,569.1 | 1,381.3 | 1,258.6 | 1,037.0 | 865.6 | 647.9 | 490.2 | 950.9 | 2,003.0 | 1,985.4 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 141.7 | 0 | 0 | 0 | 273.9 | 391.9 | 510.0 | 1,011.8 | 0 | 0 |
| Deferred Tax Liabilities | 1.9 | 0.4 | 1.0 | 0.3 | 0.1 | 1.0 | 0 | 47.6 | 80.2 | 0 |
| Other Non-Current Liabilities | 91.6 | 24.5 | 18.4 | 29.2 | 19.4 | 16.1 | 20.3 | 98.4 | 31.9 | 0 |
| Total Non-Current Liabilities | 235.3 | 137.2 | 135.7 | 123.4 | 371.3 | 494.7 | 591.0 | 1,250.7 | 164.7 | 0 |
| Total Liabilities | 1,804.3 | 1,518.5 | 1,394.3 | 1,160.5 | 1,236.9 | 1,142.6 | 1,081.2 | 2,201.6 | 2,167.7 | 1,985.4 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0 | 0 | 0 |
| Retained Earnings | 447.6 | 284.9 | (198.8) | (353.4) | (461.3) | (513.8) | (589.8) | (176.0) | (59.8) | (69.0) |
| Accumulated Other Comprehensive Income | (36.0) | (34.6) | (35.4) | (31.8) | (26.7) | (26.2) | (18.1) | (29.7) | (25.8) | (195.5) |
| Total Stockholders' Equity | 2,611.4 | 2,621.1 | 2,015.5 | 1,604.9 | 1,304.4 | 1,113.6 | 965.7 | (390.3) | (268.7) | (264.5) |
| Total Liabilities & Equity | 4,415.7 | 4,139.7 | 3,409.8 | 2,765.3 | 2,541.3 | 2,256.2 | 2,046.9 | 1,811.4 | 1,899.0 | 1,720.9 |
| Debt Metrics | ||||||||||
| Total Debt | 164.3 | 75.4 | 69.5 | 75.2 | 338.8 | 439.6 | 510.0 | 1,618.4 | 1,747.4 | 0 |
| Net Debt | (932.9) | (941.7) | (709.5) | (480.2) | (124.2) | 114.6 | 296.8 | 1,567.1 | 1,669.8 | (57.9) |
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 162.7 | 483.7 | 154.6 | 108.0 | 52.5 | 75.7 | (413.8) | (116.2) | 9.2 | 0.8 |
| Depreciation & Amortization | 24.1 | 48.1 | 54.9 | 54.6 | 56.9 | 61.0 | 66.3 | 80.1 | 82.2 | 84.9 |
| Stock-Based Compensation | 0 | 271.7 | 208.9 | 146.9 | 99.5 | 57.8 | 222.5 | 71.2 | 22.3 | 0.3 |
| Change in Working Capital | 36.3 | 46.8 | 8.3 | 92.1 | 53.0 | 31.2 | 22.7 | 147.4 | 77.9 | 35.1 |
| Other Non-Cash Items | 311.2 | 2.0 | 11.2 | 6.9 | 1.5 | 1.8 | 6.1 | (1.1) | 0.4 | 1.8 |
| Operating Cash Flow | 559.4 | 459.4 | 378.1 | 354.9 | 250.9 | 220.4 | (142.5) | 147.1 | 118.8 | 94.6 |
| Investing Activities | ||||||||||
| Capital Expenditure | (32.2) | (26.1) | (26.5) | (21.5) | (17.7) | (14.1) | (19.7) | (9.2) | (15.2) | (13.9) |
| Acquisitions | (6) | (0.1) | (57.1) | 0 | (13.2) | 0 | 0 | 0 | (11.3) | 0 |
| Purchases of Investments | (120.3) | (145.6) | (104.2) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 143.7 | 105.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (0.8) | (2.7) | (5.3) | 0 | 0 | 0.2 | (0.9) | (1.9) | (3.6) | (5.2) |
| Investing Cash Flow | (15.7) | (69.3) | (193.0) | (21.5) | (30.9) | (13.9) | (20.6) | (9.2) | (26.5) | (13.9) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 2.4 | 0 | 0 | (281.1) | (120) | (120) | (515.2) | 1,036.1 | 0 | 0 |
| Stock Repurchased | (478.7) | (172.6) | 0 | (0.0) | (0.1) | (0.0) | (0.2) | (0.6) | (0.9) | (0.3) |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (26.3) | (21.2) | 0 | (1.9) | 0 | 0 | 259.4 | (1,197.0) | 0 | 0 |
| Financing Cash Flow | (471.7) | (151.6) | 50.7 | (232.3) | (80.7) | (97.8) | 329.4 | (161.5) | (75.5) | (63.0) |
| Cash Position | ||||||||||
| Net Change in Cash | 80.2 | 238.1 | 223.6 | 92.4 | 138.0 | 111.8 | 161.9 | (26.3) | 19.6 | 16.3 |
| Cash at Beginning | 1,017.0 | 779.0 | 555.3 | 463.0 | 325.0 | 213.2 | 51.3 | 77.6 | 57.9 | 41.6 |
| Cash at End | 1,097.2 | 1,017.0 | 779.0 | 555.3 | 463.0 | 325.0 | 213.2 | 51.3 | 77.6 | 57.9 |
| Free Cash Flow | 527.2 | 433.3 | 351.6 | 333.3 | 233.2 | 206.4 | (162.2) | 137.9 | 103.6 | 80.7 |
| Key Metrics | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 2,018.4 | 1,698.7 | 1,430.5 | 1,158.5 | 929.4 | 703.5 | 545.8 | 431.0 | 398.0 | 406.4 |
| Gross Profit | 1,646.1 | 1,378.5 | 1,164.1 | 935.6 | 756.6 | 575.8 | 416.9 | 324.2 | 301.5 | 304.2 |
| Operating Income | 263.9 | 179.4 | 128.4 | 92.8 | 81.3 | 91.9 | (171.9) | (72.7) | (21.8) | 12.5 |
| Net Income | 162.7 | 483.7 | 154.6 | 108.0 | 52.5 | 75.7 | (413.8) | (116.2) | 9.2 | 0.8 |
| EPS (Diluted) | 0.54 | 1.59 | 0.52 | 0.37 | 0.18 | 0.26 | -1.58 | -0.42 | 0.03 | 0.00 |
| Balance Sheet | ||||||||||
| Cash & Equivalents | 1,097.2 | 1,017.0 | 779.0 | 555.3 | 463.0 | 325.0 | 213.2 | 51.3 | 77.6 | 57.9 |
| Total Assets | 4,415.7 | 4,139.7 | 3,409.8 | 2,765.3 | 2,541.3 | 2,256.2 | 2,046.9 | 1,811.4 | 1,899.0 | 1,893.2 |
| Total Debt | 164.3 | 75.4 | 69.5 | 75.2 | 338.8 | 439.6 | 510.0 | 1,618.4 | 1,747.4 | 0 |
| Stockholders' Equity | 2,611.4 | 2,621.1 | 2,015.5 | 1,604.9 | 1,304.4 | 1,113.6 | 965.7 | (390.3) | (268.7) | (264.5) |
| Cash Flow | ||||||||||
| Operating Cash Flow | 559.4 | 459.4 | 378.1 | 354.9 | 250.9 | 220.4 | (142.5) | 147.1 | 118.8 | 94.6 |
| Capital Expenditure | (32.2) | (26.1) | (26.5) | (21.5) | (17.7) | (14.1) | (19.7) | (9.2) | (15.2) | (13.9) |
| Free Cash Flow | 527.2 | 433.3 | 351.6 | 333.3 | 233.2 | 206.4 | (162.2) | 137.9 | 103.6 | 80.7 |