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Stocks/Information Technology/Application Software

PTCPTC

Application Software · Boston, Massachusetts · In the S&P 500
High quality
$195.54+0.38%After hours: $195.54 (0.00%)At the close, 30 Oct · Prices from CNBC, may be delayed
▼ 1.2% over 1 year
PTC over 1 yearDaily close, $, to 30 Oct 2026
$125$150$175Nov2026MarMayJulSep$195.54$150NovMarJul$195.54
Source: Nasdaq daily closes
Market value$21.24B
Price to earnings19.0x
Forward P/E23.2x
Dividend yield–
Year to date+12.2%
One year−1.2%
Next earningsWed 4 Nov, after the close
SectorInformation Technology
52-week range (closes)
$112.33$198.54

Quality and valuation

How PTC compares with other information technology stocks. A description, not a recommendation.

PTC and 6 application software peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: stronger than mostValuation: in line with its sector

A stronger business than most information technology companies, priced about in line with them.

PTC trades at 23.2 times the next 12 months of expected earnings, against a median of 22.2x for the 99 information technology stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew slower than the sector median: +19.5% vs +20.6%
  • Keeps more of each sale (gross margin): 84.5% vs 61.5%
  • More profitable (operating margin): 37.8% vs 17.0%
  • Turns more of its sales into cash: 31.7% vs 21.7%
PTC trades at 23.2x forward earnings, above the sector medianForward p/e, Application Software peers
ADBE9.3xINTU14.3xORCL15.4xCRM15.7xPTC23.2xSAP26.6xPLTR108.1xSNOW120.5xSector median 22.2xADBE9.3xINTU14.3xORCL15.4xCRM15.7xPTC23.2xSAP26.6xPLTR108.1xSNOW120.5xSector median 22.2x
Source: CNBC quotes; Mostly Markets
At 19.0x earnings, PTC is cheaper than its average since Aug 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
40x60x80xAverage 40.4x2025202619.0x25x50x75xAverage 40.4x2025202619.0x
Source: Nasdaq prices; SEC filings

Financials

From PTC's SEC filings, through the quarter ending 30 Jun 2026. Hover or tap a bar for its value.

Revenue fell 6.8% from a year earlierQuarterly revenue, $m, latest Q3 ’26
$0m$250m$500m$750mQ4 ’24Q2 ’25Q4 ’25$600mQ3 ’26$0m$500mQ4 ’24Q2 ’25Q4 ’25$600mQ3 ’26
Source: SEC filings
Growth slowed to −6.8% last quarterRevenue growth, year on year, %
0%20%40%Q4 ’24Q2 ’25Q4 ’25−6.8%Q3 ’260%20%40%Q4 ’24Q2 ’25Q4 ’25−6.8%Q3 ’26
Source: SEC filings
Operating margin was 27.7% last quarterOperating income as a share of revenue, %
0%20%40%Q4 ’24Q2 ’25Q4 ’2527.7%Q3 ’260%20%40%Q4 ’24Q2 ’25Q4 ’2527.7%Q3 ’26
Source: SEC filings
Free cash flow was $935 million over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $m
$0m$100m$200m$300mQ4 ’24Q2 ’25Q4 ’25$249mQ3 ’26$0m$200mQ4 ’24Q2 ’25Q4 ’25$249mQ3 ’26
Source: SEC filings
Last 12 monthsPTCSector median
Revenue growth+19.5%+20.6%
Gross margin84.5%61.5%
Operating margin37.8%17.0%
Free cash flow margin31.7%21.7%
Price to earnings19.0x33.1x

Stories on PTC

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Similar companies

Application Software, by market value.

CompanyPriceTodayYTDValue
PLTRPalantir Technologies$184.11−6.27%+3.6%$442B
ORCLOracle$130.67−6.37%−33.0%$396B
SAPSAP$235.02+0.41%−3.2%$289B
CRMSalesforce$229.17−0.75%−13.5%$189B
SNOWSnowflake$306.08−7.32%+39.5%$108B
ADBEAdobe$250.23+0.85%−28.5%$97.39B
INTUIntuit$341.09+2.99%−48.5%$91.15B
CDNSCadence Design Systems$327.89−4.34%+4.9%$89.97B