PTC Inc. logo PTC - PTC Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 20
HOLD 10
SELL 3
STRONG
SELL
0
| PRICE TARGET: $193.86 DETAILS
HIGH: $210.00
LOW: $180.00
MEDIAN: $195.00
CONSENSUS: $193.86
UPSIDE: 30.78%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 2,739.2 2,298.5 2,097.1 1,933.3 1,807.2 1,458.4 1,255.6 1,241.8 1,164.0 1,140.5 1,255.2 1,357.0 1,293.5 1,255.7 1,166.9 1,010.0 938.2 1,070.3 941.3 854.9 720.7 660.0 671.9 742.0 934.6 928.4 1,057.6 1,018 808.8 600.1 394.3 244.3 163.1
Cost of Revenue 445.0 444.8 441.0 386.0 371.1 334.3 325.4 326.2 329.0 325.7 334.7 373.7 373.0 372.1 356.8 307.7 309.8 330.8 290.8 269.6 208.2 182.2 218.5 217.0 252.6 204.6 168.3 127 54.1 39.7 26.8 13.7 7.2
Gross Profit 2,294.2 1,853.7 1,656.0 1,547.4 1,436.1 1,124.1 930.3 915.6 835.0 814.9 920.5 983.3 920.5 883.6 810.2 702.4 628.4 739.5 650.5 585.3 512.5 477.9 453.5 525.0 682.0 723.8 889.3 891 754.7 560.4 367.5 230.6 155.9
Operating Expenses
R&D Expenses 457.7 433.0 394.4 338.8 299.9 256.6 246.9 249.8 236.1 229.3 227.5 226.5 221.9 215.0 211.4 201.6 188.5 182.0 162.4 147.3 118.3 108.0 128.4 136.1 148.9 143.8 124.1 93.4 53.2 39.5 25.6 15.4 0
SG&A Expenses 792.6 791.3 763.6 690.0 723.8 595.3 545.4 557.5 518.0 513.1 557.3 499.7 492.6 495.3 463.3 410.4 382.0 394.7 372.0 352.1 307.4 284.3 367.9 400.5 455.6 487.9 470.8 453.9 352.5 267.5 184.3 107.8 86.4
Other Expenses 61.6 41.2 39.6 71.2 31.6 61.4 23.8 0.3 (42.3) (30.2) (15.1) (10.5) (1.1) 20.3 18.3 15.6 15.6 15.6 7.5 6.1 1.6 5.2 5.9 35.8 80.5 78.8 62.3 29.9 22.4 16.8 9.5 5.2 3.3
Operating Expenses 1,311.9 1,265.6 1,197.6 1,100.0 1,055.3 913.3 816.1 838.6 786.2 775.6 820.9 758.3 741.0 730.5 693.1 627.6 586.2 592.3 541.8 505.5 427.3 397.5 502.2 572.3 685.0 710.5 657.2 577.2 428.1 323.8 219.4 128.4 89.7
Operating Income
Operating Income 982.4 588.1 458.5 447.4 380.7 210.9 117.7 73.2 40.9 (37.0) 56.2 196.6 127.3 128.1 117.1 74.8 19.3 125.2 92.8 71.7 85.8 37.4 (79.6) (78.5) (3.0) 13.3 232.1 313.8 326.6 236.6 148.1 102.2 66.2
Interest Expense 77.0 119.7 129.4 54.3 50.5 76.4 43.0 41.7 42.4 29.9 14.7 8.2 7.0 4.7 3.3 1.5 3.2 7.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 3.4 4.4 5.4 2.5 1.8 3.8 4.1 3.8 3.2 3.4 3.7 3.1 2.9 2.9 3.8 3.0 4.6 10.1 9.9 5.4 6.9 3.5 3.3 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 1,132.6 730.0 599.1 573.4 564.8 330.6 141.2 157.7 127.7 49.2 125.7 271.6 209.8 192.0 170.3 145.8 82.0 186.7 138.9 104.1 117.2 72.2 (7.1) 25.3 113.2 77.5 294.4 343.7 331.9 378.7 157.6 107.4 69.5
EBIT 997.2 588.6 462.0 451.4 442.2 211.1 63.3 70.3 41.0 (37.3) 41.3 194.3 133.2 125.5 107.9 83.7 20.4 126.7 108.7 74.6 72.5 80.3 (48.7) (47.3) 36.8 (1.2) 232.1 313.8 293.5 335.5 148.1 102.2 66.2
Income Before Tax 920.2 469.0 332.6 397.1 391.8 134.7 20.3 28.7 (1.4) (67.2) 41.1 186.1 126.2 120.7 104.5 82.1 17.2 118.9 99.7 75.4 91.3 37.0 (82.4) (74.3) (10.9) (5.1) 181.2 204 337.2 216.1 127.7 106.9 68.4
Income Tax Expense 186.2 92.6 87.0 84.0 (85.2) 4.0 47.8 (23.3) (7.6) (12.7) (21.0) 25.9 (17.5) 156.1 19.1 57.8 (14.4) 39.2 (44.0) 14.6 7.7 2.2 15.9 19.3 (2.6) (1.1) 61.9 98.3 118 78.2 50.3 40 25.5
Net Income 734.0 376.3 245.5 313.1 476.9 130.7 (27.5) 52.0 6.2 (54.5) 62.1 160.2 143.8 (35.4) 85.4 24.4 31.5 79.7 143.7 60.9 83.6 34.8 (98.3) (93.6) (8.2) (4.0) 119.3 86.7 219.2 137.9 77.4 66.9 42.9
Per Share Data
EPS (Basic) 6.12 3.14 2.07 2.67 4.08 1.13 -0.23 0.45 0.05 -0.48 0.54 1.34 1.19 -0.30 0.73 0.21 0.27 0.70 1.27 0.55 0.77 0.29 -0.92 -0.90 -0.08 -0.03 1.10 0.80 2.06 1.30 0.75 0.73 0.48
EPS (Diluted) 6.08 3.12 2.06 2.65 4.03 1.12 -0.23 0.44 0.05 -0.48 0.54 1.34 1.19 -0.30 0.71 0.20 0.27 0.68 1.22 0.54 0.75 0.29 -0.92 -0.90 -0.08 -0.03 1.08 0.77 2.00 1.23 0.75 0.73 0.48
Shares Outstanding 120.0 119.7 118.3 117.2 116.8 115.7 117.7 116.4 115.5 113.5 116.0 119.5 120.8 118.7 117.6 115.6 115.0 113.7 112.7 109.8 108.5 120.0 106.2 104.0 101.4 116.8 108.5 108.4 106.3 106.4 103.2 92 90.3
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 184.4 265.8 288.1 272.2 326.5 275.5 269.6 259.9 280.0 277.9 235.1 256.9 294.9 205.3 178.8 217.4 325.9 239.8 206 154.2 201.6 145.6 138.6 68.2
Short-Term Investments 0 0 0 0 0 28.1 27.9 25.8 18.4 18.7 0 0 0 0 27.9 13.9 23.0 101.2 0 0 0 0 0 0
Net Receivables 1,001.1 862.0 811.4 636.6 541.1 415.2 372.7 129.3 152.3 161.4 166.6 201.5 203.2 140.2 157.5 185.4 183.8 221.9 189.3 196 117.3 80.4 126.4 93.5
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 78.8 68.0 81.8 71.1 135.4 45.2 59.7 169.7 165.9 131.8 120.6 110.6 3.0 41.0 53.1 47.2 95.8 142.2 198.5 397.3 243.2 173.7 6 3.5
Total Current Assets 1,383.4 1,298.7 1,277.4 1,068.7 1,073.0 833.4 782.6 633.8 666.6 642.6 546.5 597.5 522.7 416.1 500.6 509.1 628.4 705.1 593.8 761.9 562.1 399.7 271 165.2
Non-Current Assets
Property, Plant & Equipment 175.8 208.5 231.4 235.9 252.6 251.4 105.5 80.6 63.6 67.1 58.1 55.3 55.8 73.6 86.5 91.5 66.9 64.2 62.2 47.5 36.5 19.8 12.8 8
Goodwill 3,493.3 3,461.9 3,358.5 2,353.7 2,191.9 1,625.8 1,238.2 1,182.5 1,182.8 1,169.8 428.3 405.2 45.2 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 824.7 897.5 941.2 382.7 379.0 237.6 169.9 200.2 257.9 310.3 168.2 182.3 11.3 51.9 54.3 92.8 131.7 166.8 0 0 0 0 0 0
Long-Term Investments 378.9 0.0 0.4 5.2 2.2 31.0 29.5 30.1 31.9 30.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 167.0 357.6 356.6 385.1 311.1 212.6 140.1 36.3 34.5 35.3 38.9 38.1 41.3 36.2 33.5 54.3 97.9 80.5 128 139.6 60.6 34.2 3.2 3.5
Total Non-Current Assets 5,233.8 5,084.8 5,011.5 3,618.6 3,434.6 2,549.3 1,882.0 1,695.2 1,693.8 1,703.1 803.7 752.1 153.6 161.6 174.4 294.7 296.4 311.5 207.3 196.4 97.1 54 16 11.5
Total Assets 6,617.2 6,383.5 6,288.8 4,687.3 4,507.6 3,382.7 2,664.6 2,329.0 2,360.4 2,352.3 1,350.2 1,349.6 666.4 577.7 675.0 797.8 924.9 1,016.6 832.8 832.4 659.2 453.7 287 176.7
Current Liabilities
Account Payables 11.5 24.2 43.5 40.2 33.4 24.9 42.4 53.5 35.2 18.0 13.3 16.7 19.1 20.6 23.8 28.6 30.9 40.9 34.5 38.3 39.4 19.6 11.6 8
Short-Term Debt 25 521.5 9.4 0 0 0 0 0 0 0 57.9 88.5 0 0 0 0 0 0 0 39.5 0 0 0 0
Deferred Revenue 812.3 754.0 665.4 503.8 482.1 416.8 385.5 487.6 446.3 400.4 228.9 250.8 156.2 173.0 197.3 214.5 0 0 0 0 0 0 0 0
Other Current Liabilities 199.6 173.8 780.5 104.0 117.8 101.1 88.8 101.8 111.0 145.6 52.1 44.0 0 0 0.4 2.5 331.4 416.3 385 372.8 106.6 62.4 32.7 20.9
Total Current Liabilities 1,237.4 1,667.2 1,671.2 792.3 779.3 680.8 638.2 735.3 678.9 654.5 491.4 566.4 312.2 297.5 315.7 369.6 362.4 457.2 419.5 450.6 146 82 44.3 28.9
Non-Current Liabilities
Long-Term Debt 1,172.4 1,227.1 1,686.4 1,350.6 1,439.5 1,005.3 669.1 643.3 712.4 751.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Tax Liabilities 30.2 32.2 29.5 28.4 4.2 12.4 41.7 5.6 17.9 13.8 29.2 30.8 1.5 1.6 0.2 0 0 0 31.8 0 0 0.8 0.6 1
Other Non-Current Liabilities 187.9 63.9 39.8 35.8 49.7 55.9 102.5 58.4 53.1 70.0 62.7 42.5 90.2 83.5 69.3 38.5 34.0 38.3 54.1 0.4 0.8 0 0 0
Total Non-Current Liabilities 1,553.5 1,502.0 1,940.4 1,599.0 1,689.8 1,263.7 824.4 719.2 796.0 848.5 97.2 80.7 122.1 85.0 69.3 49.1 34.0 38.3 46.1 306.9 0.8 0.8 0.6 1
Total Liabilities 2,790.9 3,169.1 3,611.6 2,391.2 2,469.1 1,944.5 1,462.6 1,454.4 1,474.9 1,509.6 588.6 647.0 424.4 382.5 385.0 398.1 396.3 495.5 505.4 187.6 146.8 82.8 44.9 29.9
Stockholders' Equity
Common Stock 1.2 1.2 1.2 1.2 1.2 1.2 1.1 1.2 1.2 1.1 1.2 1.2 2.7 2.7 2.6 2.8 2.8 2.7 0 0 0 0 0 0
Retained Earnings 2,083.6 1,349.6 973.3 727.7 414.7 (62.3) (191.4) (599.4) (650.8) (657.1) (1,028.5) (1,060.0) (1,387.2) (1,422.0) (1,323.5) (1,045.1) (1,036.5) (1,022.4) (1,157.6) 419.3 306.6 212.5 143.7 79.7
Accumulated Other Comprehensive Income (81.2) (101.7) (118.1) (153.5) (95.9) (103.4) (110.7) (85.6) (73.9) (100.0) (33.6) (17.3) (36.0) (37.8) (33.4) (28.1) (12.6) (15.4) 0 0 0 0 0 0
Total Stockholders' Equity 3,826.2 3,214.4 2,677.3 2,296.0 2,038.5 1,438.2 1,202.0 874.6 885.4 842.7 761.6 702.5 242.0 195.2 289.9 399.7 528.5 521.1 327.4 644.8 512.4 370.9 242.1 146.8
Total Liabilities & Equity 6,617.2 6,383.5 6,288.8 4,687.3 4,507.6 3,382.7 2,664.6 2,329.0 2,360.4 2,352.3 1,350.2 1,349.6 666.4 577.7 675.0 797.8 924.9 1,016.6 832.8 832.4 659.2 453.7 287 176.7
Debt Metrics
Total Debt 1,369.9 1,930.3 1,889.0 1,540.2 1,648.3 1,220.3 669.1 643.3 712.4 751.6 57.9 88.5 0 0 0 0 0 0 0 253 0 0 0 0
Net Debt 1,185.5 1,664.5 1,600.9 1,268.0 1,321.7 944.9 399.6 383.3 432.4 473.7 (177.2) (168.4) (294.9) (205.3) (178.8) (217.4) (325.9) (239.8) (206) 84.4 (201.6) (145.6) (138.6) (68.2)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 734.0 376.3 245.5 313.1 476.9 130.7 (27.5) 52.0 6.2 (54.5) 83.6 34.8 (98.3) (93.6) (8.2) (4.0) 119.3 105.7 219.2 137.9 77.4 66.9 42.9
Depreciation & Amortization 135.4 141.4 137.2 122.0 122.5 119.5 77.8 87.4 86.7 86.6 25.9 35.2 41.6 72.6 76.4 78.8 62.3 29.9 22.4 16.8 9.5 5.2 3.3
Stock-Based Compensation 216.2 223.5 206.5 174.9 177.3 115.1 86.4 82.9 76.7 66.0 15.5 0.5 0.5 (16.2) 14.0 0 (26.9) 0 0 0 0 0 0
Change in Working Capital (188.1) 49.4 9.1 (215.1) (179.6) (103.7) 150.8 81.5 (25.0) 85.2 7.1 25.3 55.7 (52.4) (19.4) (28.2) (61.2) (11.4) 22.7 49.4 23.9 10.9 (13.3)
Other Non-Cash Items (3.5) (1.6) (4.1) (2.5) (70.2) (3.2) (4.1) 0.5 18.2 44.1 2.1 5.2 6.9 12.8 3.4 2.5 74.2 17.4 (0.2) (0.1) (0.2) 0 (0.1)
Operating Cash Flow 867.7 750.0 610.9 435.3 368.8 233.8 285.1 247.8 134.6 183.2 128.1 101.3 6.5 (22.6) 51.1 51.9 150.8 193.5 266.3 229.7 119 82.6 32.3
Investing Activities
Capital Expenditure (11.0) (18.4) (24.6) (25.9) (25.3) (31.2) (64.4) (39.0) (25.4) (26.2) (15.0) (12.4) (20.8) (29.7) (61.4) (41.1) (136.5) (76.4) (33.8) (51.8) (46.4) (9.1) (7.4)
Acquisitions (6.5) (93.5) (828.4) (250.4) (718.0) (483.5) (86.7) (3) (5.0) (165.8) (198.9) (9.8) 0 10.2 0 (7.9) (72.9) 0 0 0 0 0 0
Purchases of Investments 0 (13.1) (13.4) 0 (11.6) (43.3) (40.5) (25.3) (0.9) (45.2) 0 (17.1) (17.1) (40.2) (38.0) (53.7) (95.4) 0 0 0 (264.9) (83.1) (28.1)
Sales/Maturities of Investments 0 0 0.3 71.8 67.0 32.0 32.0 18.1 15.2 0 0 48.6 48.6 40.3 55.7 115.3 196.9 593.4 0 0 171.2 68.8 0
Other Investing Activities 0 (3.9) (0.8) (3.0) (0.6) (11.1) 9.7 (10.2) 14.3 (45.2) (1.2) (31.4) (5.1) (2.0) (3.0) 28.1 48.8 (413.5) (154.5) (92.7) (1.2) (0.8) (0.6)
Investing Cash Flow (17.5) (124.8) (866.1) (201.2) (687.9) (526.0) (150.0) (49.2) (16.1) (237.2) (215.0) (22.3) 5.5 (21.4) (46.7) 40.5 (59.1) 103.5 (188.3) (144.5) (141.3) (24.2) (36.1)
Financing Activities
Net Debt Issuance (553.0) 45.8 342.5 (91.3) 431.6 344.9 25 (70) (40) 90 (0.3) 0 0 0 0 0 0 (275.7) 24.4 (6) (0.8) 0 0
Stock Repurchased (300.0) 0 0 (125) (30) 0 (115.0) (1,100) (51.0) 0 (12.7) 0 (0.2) (5.0) (131.7) (90.0) (90) (50) (184.8) (66.6) 0 (4.4) 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (102.4) (722.2) (95.8) (69.0) (53.0) (65.8) 11.4 (56.5) (37.2) (38.3) (11.9) 0 0 0 0 0 0 0.1 0 0 0.1 0 0
Financing Cash Flow (929.3) (650.7) 268.3 (264.1) 370.3 297.4 (123.0) (210.8) (117.5) 51.7 (2.0) 9.7 7.5 3.6 (107.5) (10.4) (66.1) (255.2) (119.4) (25.9) 25.4 11 25.4
Cash Position
Net Change in Cash (82.1) (22.3) 15.9 (54.2) 51.1 5.3 9.6 (20.1) 2.1 4.5 (90.5) 89.6 26.5 (38.5) (108.5) 86.1 33.8 37.4 (47.4) 56 3.4 70.4 21.2
Cash at Beginning 266.5 288.8 272.9 327.0 276.0 270.7 261.1 280.0 277.9 273.4 294.9 205.3 178.8 217.4 325.9 239.8 206 168.6 201.6 145.6 142.2 68.2 47
Cash at End 185.0 266.5 288.8 272.9 327.0 276.0 270.7 259.9 280.0 277.9 204.4 294.9 205.3 178.8 217.4 325.9 239.8 206 154.2 201.6 145.6 138.6 68.2
Free Cash Flow 856.7 731.6 586.2 409.4 343.5 202.6 220.7 208.8 109.1 157.0 113.2 88.9 (14.3) (52.3) (10.3) 10.7 14.3 117.1 232.5 177.9 72.6 73.5 24.9
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 2,739.2 2,298.5 2,097.1 1,933.3 1,807.2 1,458.4 1,255.6 1,241.8 1,164.0 1,140.5 1,255.2 1,357.0 1,293.5 1,255.7 1,166.9 1,010.0 938.2 1,070.3 941.3 854.9 720.7 660.0 671.9 742.0 934.6 928.4 1,057.6 1,018 808.8 600.1 394.3 244.3 163.1
Gross Profit 2,294.2 1,853.7 1,656.0 1,547.4 1,436.1 1,124.1 930.3 915.6 835.0 814.9 920.5 983.3 920.5 883.6 810.2 702.4 628.4 739.5 650.5 585.3 512.5 477.9 453.5 525.0 682.0 723.8 889.3 891 754.7 560.4 367.5 230.6 155.9
Operating Income 982.4 588.1 458.5 447.4 380.7 210.9 117.7 73.2 40.9 (37.0) 56.2 196.6 127.3 128.1 117.1 74.8 19.3 125.2 92.8 71.7 85.8 37.4 (79.6) (78.5) (3.0) 13.3 232.1 313.8 326.6 236.6 148.1 102.2 66.2
Net Income 734.0 376.3 245.5 313.1 476.9 130.7 (27.5) 52.0 6.2 (54.5) 62.1 160.2 143.8 (35.4) 85.4 24.4 31.5 79.7 143.7 60.9 83.6 34.8 (98.3) (93.6) (8.2) (4.0) 119.3 86.7 219.2 137.9 77.4 66.9 42.9
EPS (Diluted) 6.08 3.12 2.06 2.65 4.03 1.12 -0.23 0.44 0.05 -0.48 0.54 1.34 1.19 -0.30 0.71 0.20 0.27 0.68 1.22 0.54 0.75 0.29 -0.92 -0.90 -0.08 -0.03 1.08 0.77 2.00 1.23 0.75 0.73 0.48
Balance Sheet
Cash & Equivalents 184.4 265.8 288.1 272.2 326.5 275.5 269.6 259.9 280.0 277.9 235.1 256.9 294.9 205.3 178.8 217.4 325.9 239.8 206 154.2 201.6 145.6 138.6 68.2
Total Assets 6,617.2 6,383.5 6,288.8 4,687.3 4,507.6 3,382.7 2,664.6 2,329.0 2,360.4 2,352.3 1,350.2 1,349.6 666.4 577.7 675.0 797.8 924.9 1,016.6 832.8 832.4 659.2 453.7 287 176.7
Total Debt 1,369.9 1,930.3 1,889.0 1,540.2 1,648.3 1,220.3 669.1 643.3 712.4 751.6 57.9 88.5 0 0 0 0 0 0 0 253 0 0 0 0
Stockholders' Equity 3,826.2 3,214.4 2,677.3 2,296.0 2,038.5 1,438.2 1,202.0 874.6 885.4 842.7 761.6 702.5 242.0 195.2 289.9 399.7 528.5 521.1 327.4 644.8 512.4 370.9 242.1 146.8
Cash Flow
Operating Cash Flow 867.7 750.0 610.9 435.3 368.8 233.8 285.1 247.8 134.6 183.2 128.1 101.3 6.5 (22.6) 51.1 51.9 150.8 193.5 266.3 229.7 119 82.6 32.3
Capital Expenditure (11.0) (18.4) (24.6) (25.9) (25.3) (31.2) (64.4) (39.0) (25.4) (26.2) (15.0) (12.4) (20.8) (29.7) (61.4) (41.1) (136.5) (76.4) (33.8) (51.8) (46.4) (9.1) (7.4)
Free Cash Flow 856.7 731.6 586.2 409.4 343.5 202.6 220.7 208.8 109.1 157.0 113.2 88.9 (14.3) (52.3) (10.3) 10.7 14.3 117.1 232.5 177.9 72.6 73.5 24.9