| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | 1 | — | — | — | — | — | — |
| Sell | 2 | 2 | 3 | — | — | 1 | — | — | 1 | — | — | 1 |
| total | individual payouts | |
|---|---|---|
| 2026 | ‡‡‡ |
|
| 2025 | ‡‡‡ |
|
| 2024 | ‡‡‡ |
|
| 2023 | ‡‡‡ |
|
| 2022 | ‡‡‡ |
|
| 2021 | ‡‡‡ |
|
| 2020 | ‡‡‡ |
|
| 2019 | ‡‡‡ |
|
| 2024 | 2025 | 2026 | Q'26 | |
|---|---|---|---|---|
| Cash | 836.87 | 1,113.23 | 1,172.10 | 1,108.86 |
| Receivables | 602.74 | 624.44 | 710.20 | 379.98 |
| Inventory | — | — | — | — |
| Other | — | — | — | — |
| 1,605.30 | 1,931.46 | 2,123.45 | 1,723.70 |
| 2024 | 2025 | 2026 | Q'26 | |
|---|---|---|---|---|
| Payables | 21.41 | 27.29 | 2.73 | 7.92 |
| ST’ Debt | — | — | — | — |
| Other | — | — | — | — |
| 1,258.55 | 1,381.29 | 1,569.06 | 1,427.32 |
| 10y | 5y | 3y | |
| Sales | — | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | — | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | — | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Book Value | — | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Jun | Sep | Dec | Mar | Year | |
|---|---|---|---|---|---|
| ’26 | 554.55 | — | — | — |
—
|
| ’26 | 477.35 | 493.85 | 515.47 | 531.72 |
2,018.39
|
| ’25 | 399.22 | 418.13 | 436.17 | 445.16 |
1,698.68
|
| ’24 | 332.89 | 351.70 | 365.10 | 380.85 |
1,430.53
|
| ’23 | 267.27 | 279.33 | 297.46 | 314.48 |
1,158.53
|
| ’22 | 209.74 | 226.35 | 240.77 | 252.59 |
929.45
|
| ’21 | 155.51 | 168.59 | 182.91 | 196.50 |
703.51
|
| Jun | Sep | Dec | Mar | Year | |
|---|---|---|---|---|---|
| ’26 | 306.24 | — | — | — |
—
|
| ’26 | 269.69 | 32.02 | 33.78 | 226.36 |
561.85
|
| ’25 | 230.74 | 23.65 | 42.24 | 162.79 |
459.42
|
| ’24 | 133.90 | 36.88 | 75.66 | 131.67 |
378.11
|
| ’23 | 143.10 | 29.40 | 61.96 | 120.43 |
354.89
|
| ’22 | 83.47 | 18.30 | 60.84 | 88.31 |
250.92
|
| ’21 | 37.01 | 23.84 | 73.72 | 85.87 |
220.44
|
| Jun | Sep | Dec | Mar | Year | |
|---|---|---|---|---|---|
| ’26 | 303.09 | — | — | — |
—
|
| ’26 | 262.02 | 27.83 | 27.23 | 212.40 |
529.48
|
| ’25 | 227.38 | 20.14 | 37.57 | 145.53 |
430.62
|
| ’24 | 123.64 | 34.13 | 67.36 | 121.26 |
346.38
|
| ’23 | 136.19 | 25.07 | 57.57 | 114.51 |
333.35
|
| ’22 | 80.52 | 13.64 | 56.69 | 82.38 |
233.22
|
| ’21 | 32.33 | 21.75 | 71.12 | 81.55 |
206.75
|
| Jun | Sep | Dec | Mar | Year | |
|---|---|---|---|---|---|
| ’26 | 0.12 | — | — | — |
—
|
| ’26 | 0.16 | 0.19 | 0.13 | 0.06 |
0.54
|
| ’25 | 0.13 | 0.15 | 1.19 | 0.13 |
1.59
|
| ’24 | 0.13 | 0.12 | 0.14 | 0.13 |
0.52
|
| ’23 | 0.01 | 0.04 | 0.05 | 0.27 |
0.37
|
| ’22 | 0.05 | 0.08 | 0.05 | 0.00 |
0.18
|
| ’21 | 0.05 | 0.06 | 0.06 | 0.09 |
0.26
|
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | — | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | 29.41 | 35.39 | 39.42 | 39.30 | 31.64 | — | — | — |
Low Price
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 61.17 | 56.18 | 61.41 | 63.00 | 57.23 | — | — | — |
High Price
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3,600 | 4,180 | 4,700 | 5,200 | 5,600 | — | — | — |
Employees
|
| ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.26 | 0.28 | 0.30 | 0.33 | 0.36 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 929.45 | 1,158.53 | 1,430.53 | 1,698.68 | 2,018.39 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 81.40% | 80.76% | 81.37% | 81.15% | 81.56% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 71.66 | 89.97 | 154.92 | 223.43 | 299.76 | ‡‡‡‡‡ | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7.71% | 7.77% | 10.83% | 13.15% | 14.85% | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 52.45 | 107.96 | 154.63 | 483.68 | 162.67 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 56.88 | 54.61 | 54.94 | 48.10 | 24.06 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.27 | 4.03 | 4.86 | 5.69 | 6.73 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | 0.18 | 0.38 | 0.53 | 1.62 | 0.54 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.88 | 1.23 | 1.29 | 1.54 | 1.87 | ‡‡‡‡ | — | — |
Cash Flow/Sh
|
| ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.06) | (0.07) | (0.11) | (0.10) | (0.11) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.82 | 1.16 | 1.18 | 1.44 | 1.76 | — | — | — |
Free CF/Sh
|
| ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 4.59 | 5.58 | 6.85 | 8.78 | 8.70 | ‡‡‡‡‡ | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 284.16 | 287.70 | 294.05 | 298.38 | 300.10 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | 261.67 | 111.32 | 87.96 | 29.10 | 68.48 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 14.40 | 10.50 | 9.40 | 8.28 | 5.50 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 10.26 | 7.58 | 6.67 | 5.37 | 4.25 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 14.21 | 10.09 | 8.87 | 7.67 | 4.96 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 56.52 | 35.02 | 36.59 | 30.23 | 18.87 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 250.92 | 354.89 | 378.11 | 459.42 | 561.85 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (17.69) | (21.54) | (31.73) | (28.80) | (32.37) | ‡‡‡‡‡ | — | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 233.22 | 333.35 | 346.38 | 430.62 | 529.48 | ‡‡‡‡‡ | — | — |
FCF
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 82.82 | 81.14 | 346.75 | 550.18 | 554.38 | — | — | — |
Working Cap'
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 286.92 | 76.00 | — | — | — | — | — | — |
Total Debt
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (176.05) | (479.35) | (836.87) | (1,113.23) | (1,172.10) | — | — | — |
Net Debt
|
| — | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,304.45 | 1,604.87 | 2,015.49 | 2,621.15 | 2,611.39 | — | — | — |
Sh' Equity
|
| ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.19% | 4.07% | 5.01% | 12.81% | 3.80% | ‡‡‡‡ | — | — |
ROA
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 4.50% | 5.15% | 6.81% | 7.44% | 10.66% | — | — | — |
ROIC
|
| ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 4.34% | 7.42% | 8.54% | 20.86% | 6.22% | ‡‡‡‡‡ | — | — |
ROE
|
Dynatrace (DT), a top player in AI-powered observability, boasts impressive fundamentals with revenue surging at over 35% CAGR from $431 million in 2019 to $1.43 billion in 2024, alongside stabilizing 81% gross margins and skyrocketing profitability—from deep losses to $155 million net income last year. Free cash flow has exploded to $431 million, supporting a rock-solid balance sheet with $1.11 billion in net cash and minimal debt. At current compressed valuations—7.7x EV/sales trailing and 4.8x forward—this growth machine looks undervalued compared to historical averages, especially with revenue per employee up 40% signaling efficient scaling and sticky 110%+ net retention.
Yet, caution flags include persistent insider selling totaling $13.6 million with no buys, potentially hinting at tempered near-term optimism despite post-acquisition ARR growth. Analysts project continued expansion to $1.70 billion in 2025 (19% YoY) and beyond at 15-18%, with EPS tripling and average price targets implying 34% upside—or more in bullish scenarios—driven by AI innovations like Davis Copilot.
Macro tailwinds from cloud recovery, interest rate stabilization, and a $50+ billion observability market growing at 20% CAGR position DT for a re-rating, blending defensive cash flows with AI upside. Amid sector risks like competition and IT budget squeezes, its trajectory from IPO struggles to FCF powerhouse screams asymmetric opportunity for patient investors—watch Q1 2026 guidance closely.
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