Saturday 17 October 2026
Export DOX’s income statement to Excel — free account
Amdocs Limited
DOX Technology Software Infrastructure
Amdocs Limited’s revenue for fiscal 2025 (year ended September 2025) was $4.5 billion, down 9.43% from fiscal 2024. In the quarter to June 2026, revenue grew 2.66%, EPS fell 57.6%, free cash flow fell 18.8% and total debt rose 31.7%, each against the same quarter a year earlier. Dividend growth for ten consecutive years.
60.08
0.60
−0.99%
Follow DOX
| Sep '16 | Sep '17 | Sep '18 | Sep '19 | Sep '20 | Sep '21 | Sep '22 | Sep '23 | Sep '24 | Sep '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
— | 8 | 6 | 9 | 5 | 7 | 8 | 6 | 6 | 6 |
P/E ratio |
21.04 | 21.55 | 26.57 | 18.94 | 15.39 | 14.18 | 17.77 | 18.67 | 20.49 | 16.18 |
P/S ratio |
2.30 | 2.42 | 2.33 | 2.21 | 1.83 | 2.25 | 2.10 | 2.02 | 1.98 | 1.97 |
Altman Z-Score |
4.98 | 5.71 | 5.34 | 5.65 | 4.02 | 4.37 | 4.60 | 4.71 | 4.72 | 4.69 |
P/FCF ratio |
10.04 | 18.62 | 28.44 | 17.08 | 16.82 | 13.46 | 18.16 | 13.65 | 16.01 | 13.87 |
Altman Z″-Score (non-manufacturers) |
5.98 | 6.70 | 5.89 | 6.52 | 5.70 | 5.64 | 5.96 | 5.89 | 5.73 | 6.08 |
P/Operating CF |
56.01 | 47.05 | 80.42 | 42.23 | 37.19 | 48.21 | 44.34 | 36.29 | 45.48 | 38.93 |
Beneish M-Score |
(2.51) | (2.55) | (2.51) | (2.60) | (2.81) | (2.65) | (2.56) | (2.67) | (2.56) | (2.71) |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 87 |
P/B ratio |
2.48 | 2.62 | 2.66 | 2.55 | 2.08 | 2.65 | 2.70 | 2.77 | 2.83 | 2.58 |
Price to Tangible BV |
8.91 | 7.96 | 11.86 | 10.32 | 9.63 | 12.78 | 13.37 | 15.53 | 20.08 | 21.12 |
EV/Sales |
2.06 | 2.22 | 2.23 | 2.12 | 1.82 | 2.23 | 2.10 | 2.04 | 2.04 | 2.09 |
EV/EBITDA |
11.02 | 11.72 | 13.88 | 11.18 | 9.58 | 11.81 | 10.82 | 11.70 | 12.36 | 10.19 |
EV/Operating CF |
12.35 | 13.49 | 15.93 | 13.21 | 11.55 | 10.31 | 12.72 | 12.09 | 14.06 | 12.62 |
EV/FCF |
8.99 | 17.07 | 27.22 | 16.41 | 16.80 | 13.34 | 18.18 | 13.74 | 16.46 | 14.65 |
Quick Ratio |
1.40 | 1.57 | 1.15 | 1.21 | 1.52 | 1.41 | 1.41 | 1.25 | 1.05 | 0.93 |
Current Ratio |
1.54 | 1.75 | 1.33 | 1.39 | 1.71 | 1.59 | 1.60 | 1.41 | 1.20 | 1.17 |
Net Debt/EBITDA |
(1.29) | (1.34) | (0.81) | (0.61) | (0.01) | (0.18) | (0.04) | 0.03 | 0.29 | 0.50 |
Debt/Assets |
3.75% | 0.00% | 0.00% | 0.00% | 15.36% | 12.63% | 12.26% | 11.94% | 11.74% | 12.60% |
Debt/Equity |
0.06 | 0.00 | 0.00 | 0.00 | 0.27 | 0.23 | 0.22 | 0.22 | 0.21 | 0.23 |
Asset Turnover |
0.70 | 0.73 | 0.75 | 0.77 | 0.72 | 0.67 | 0.71 | 0.76 | 0.78 | 0.72 |
Operating CF/Net income |
1.52 | 1.47 | 1.58 | 1.38 | 1.33 | 1.36 | 1.40 | 1.55 | 1.50 | 1.35 |
Capex/Depreciation |
1.09 | (0.62) | (1.09) | (0.62) | (1.03) | (1.01) | (1.01) | (0.50) | (0.54) | (0.53) |
Interest Coverage |
(310.30) | 117.02 | 63.30 | 306.48 | 52.01 | 55.45 | 25.19 | 37.10 | 16.75 | 19.04 |
| 11.93% | 12.33% | 9.96% | 13.54% | 13.71% | 18.67% | 15.05% | 14.92% | 13.70% | 15.90% | |
| 7.68% | 8.17% | 6.62% | 8.95% | 8.50% | 10.60% | 8.40% | 8.29% | 7.55% | 8.77% | |
ROIC |
11.81% | 12.46% | 9.00% | 11.60% | 10.17% | 10.72% | 11.78% | 11.38% | 10.52% | 11.63% |
Return on Tangible Assets |
38.39% | 35.19% | 38.14% | 47.95% | 33.70% | 46.59% | 35.06% | 39.40% | 45.83% | 55.31% |
Average Days of Receivables |
80.35 | 81.65 | 89.21 | 88.23 | 75.38 | 73.77 | 75.51 | 70.53 | 75.00 | 75.35 |
Research and Development Expense of Revenue |
6.79% | 6.70% | 6.96% | 6.70% | 6.77% | 7.30% | 7.75% | 7.67% | 7.21% | 7.52% |
Selling, General and Administrative Expense of Revenue |
12.50% | 12.23% | 12.10% | 12.05% | 11.00% | 11.36% | 11.55% | 11.68% | 11.45% | 11.17% |
Intangible Assets out of Total Assets |
0.47 | 0.45 | 0.51 | 0.50 | 0.45 | 0.44 | 0.44 | 0.46 | 0.47 | 0.49 |
Share Based Compensation of Revenue |
1.15% | 1.15% | 1.19% | 0.94% | 1.02% | 1.26% | 1.57% | 1.84% | 2.09% | 2.31% |
Graham Net Nets |
0.03 | 0.04 | (0.01) | (0.01) | (0.08) | (0.08) | (0.09) | (0.10) | (0.11) | (0.13) |
Graham Number |
38.02 | 40.81 | 37.05 | 45.15 | 48.16 | 58.60 | 54.39 | 55.40 | 54.47 | 60.25 |
Earnings Yield |
4.75% | 4.64% | 3.76% | 5.28% | 6.50% | 7.05% | 5.63% | 5.36% | 4.88% | 6.18% |
Free Cash Flow Yield |
9.96% | 5.37% | 3.52% | 5.86% | 5.95% | 7.43% | 5.51% | 7.33% | 6.24% | 7.21% |
Revenue per Share |
25.15 | 26.70 | 28.12 | 29.94 | 31.44 | 33.72 | 37.81 | 41.54 | 44.17 | 41.56 |
Operating CF per Share |
4.19 | 4.39 | 3.94 | 4.81 | 4.96 | 7.28 | 6.25 | 6.99 | 6.39 | 6.87 |
Capex per Share |
1.57 | (0.92) | (1.64) | (0.94) | (1.55) | (1.65) | (1.88) | (0.84) | (0.93) | (0.95) |
Free Cash Flow per Share |
5.76 | 3.47 | 2.31 | 3.87 | 3.41 | 5.62 | 4.37 | 6.16 | 5.46 | 5.92 |
Cash per Share |
7.41 | 6.76 | 3.67 | 3.46 | 7.42 | 7.59 | 6.76 | 6.31 | 4.54 | 2.98 |
Shareholders Equity per Share |
23.36 | 24.68 | 24.70 | 25.96 | 27.64 | 28.58 | 29.41 | 30.32 | 30.88 | 31.82 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
23.36 | 24.68 | 24.70 | 25.96 | 27.64 | 28.58 | 29.41 | 30.32 | 30.88 | 31.82 |
Free Cash Flow |
852.11 | 502.72 | 326.10 | 528.29 | 452.63 | 715.37 | 529.50 | 724.25 | 618.93 | 645.14 |
Working Capital |
734.38 | 875.54 | 425.76 | 467.64 | 858.38 | 763.63 | 750.47 | 558.26 | 300.27 | 233.35 |
Capital Expenditures |
231.87 | (133.39) | (231.15) | (128.09) | (205.51) | (210.44) | (227.22) | (98.38) | (105.49) | (103.95) |
Net Current Asset Value |
222.60 | 343.18 | (135.06) | (74.79) | (601.89) | (809.09) | (826.97) | (947.09) | (1,115.78) | (1,187.01) |
EV/EBIT |
15.85 | 16.59 | 20.72 | 15.22 | 12.78 | 15.94 | 14.48 | 15.21 | 16.21 | 12.92 |
Capex to Sales |
(0.06) | 0.03 | 0.06 | 0.03 | 0.05 | 0.05 | 0.05 | 0.02 | 0.02 | 0.02 |
Price to Operating Income |
17.70 | 18.10 | 21.66 | 15.84 | 12.80 | 16.08 | 14.47 | 15.11 | 15.77 | 12.23 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.64 | 0.60 | 0.43 | 0.39 | 0.33 | 0.30 | 0.28 | 0.25 | 0.26 | 0.26 |
Cash ROIC |
17.94% | 11.04% | 8.13% | 13.16% | 8.05% | 13.19% | 10.26% | 14.27% | 12.99% | 14.08% |
Accounts Receivable Turnover |
4.85 | 4.59 | 4.33 | 4.17 | 4.51 | 4.96 | 5.05 | 5.17 | 5.07 | 4.62 |
Accounts Payable Turnover |
19.37 | 19.06 | 16.16 | 14.29 | 19.23 | 24.30 | 23.14 | 14.77 | 10.85 | 8.30 |
Inventory Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
20.72 | 18.40 | 27.39 | 24.28 | 14.59 | 15.74 | 16.59 | 33.88 | 34.36 | 48.19 |
Days of Inventory on Hand |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Receivables |
766.66 | 841.80 | 918.29 | 979.68 | 924.45 | 863.93 | 906.80 | 945.63 | 986.42 | 982.05 |
Average Payables |
124.32 | 131.54 | 160.58 | 185.62 | 143.33 | 115.67 | 127.80 | 213.87 | 299.64 | 338.55 |
Average Assets |
5,328.00 | 5,305.37 | 5,313.60 | 5,320.32 | 5,817.22 | 6,426.70 | 6,451.08 | 6,408.02 | 6,405.90 | 6,317.99 |
Average Common Equity |
3,430.20 | 3,513.82 | 3,533.06 | 3,517.25 | 3,603.81 | 3,650.17 | 3,597.73 | 3,563.60 | 3,533.05 | 3,484.93 |
Columns are period end dates