Akamai Technologies, Inc. (AKAM) Financial Ratios
28 years of historical data (1998–2025) · Technology · Software - Infrastructure
EV/EBITDA
↓
18.06
+16% vs avg
5yr avg: 15.53
30Y Low9.2·High76.4
P/FCF
↓
25.97
↑+24% vs avg
5yr avg: 20.99
30Y Low12.3·High148.1
P/B Ratio
↓
3.69
+9% vs avg
5yr avg: 3.40
30Y Low0.8·High35.6
ROE
↓
9.2%
↑-22% vs avg
5yr avg: 11.7%
30Y Low-201%·High132%
Debt/EBITDA
↑
5.17
↑+48% vs avg
5yr avg: 3.50
30Y Low0.6·High9.7
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
AKAM Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Akamai Technologies, Inc. trades at 40.7x earnings, 38% above its 5-year average of 29.4x, sitting at the 77th percentile of its historical range. Compared to the Technology sector median P/E of 29.0x, the stock trades at a premium of 40%. On a free-cash-flow basis, the stock trades at 26.0x P/FCF, 24% above the 5-year average of 21.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $18.2B | $12.8B | $14.8B | $18.4B | $13.5B | $19.4B | $17.3B | $14.2B | $10.3B | $11.2B | $11.8B |
| Enterprise Value | $24.1B | $18.8B | $18.9B | $22.4B | $16.2B | $21.7B | $19.8B | $16.5B | $10.9B | $11.6B | $12.1B |
| P/E Ratio → | 40.69 | 28.42 | 29.25 | 33.62 | 25.86 | 29.78 | 31.15 | 29.79 | 34.70 | 50.42 | 36.64 |
| P/S Ratio | 4.32 | 3.05 | 3.70 | 4.82 | 3.74 | 5.61 | 5.42 | 4.91 | 3.81 | 4.51 | 5.00 |
| P/B Ratio | 3.69 | 2.58 | 3.03 | 4.00 | 3.10 | 4.28 | 4.08 | 3.89 | 3.24 | 3.39 | 3.64 |
| P/FCF | 25.97 | 18.34 | 17.70 | 29.74 | 16.57 | 22.58 | 35.90 | 28.65 | 17.15 | 29.09 | 21.15 |
| P/OCF | 11.96 | 8.45 | 9.72 | 13.64 | 10.61 | 13.82 | 14.28 | 13.43 | 10.25 | 14.02 | 13.48 |
P/E links to full P/E history page with 30-year chart
AKAM EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Akamai Technologies, Inc.'s enterprise value stands at 18.1x EBITDA, 16% above its 5-year average of 15.5x. The Technology sector median is 16.7x, placing the stock at a 8% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 4.47 | 4.73 | 5.89 | 4.47 | 6.28 | 6.18 | 5.70 | 4.00 | 4.65 | 5.14 |
| EV / EBITDA | 18.06 | 14.07 | 15.98 | 18.57 | 12.73 | 16.29 | 17.39 | 16.67 | 13.62 | 16.87 | 15.07 |
| EV / EBIT | 38.42 | 29.70 | 30.74 | 33.48 | 24.15 | 27.14 | 28.85 | 28.35 | 28.11 | 34.78 | 24.88 |
| EV / FCF | — | 26.89 | 22.64 | 36.28 | 19.79 | 25.28 | 40.92 | 33.24 | 18.02 | 29.99 | 21.72 |
AKAM Profitability
Margins and return-on-capital ratios measuring operating efficiency
Akamai Technologies, Inc. earns an operating margin of 14.9%. Operating margins have compressed from 16.7% to 14.9% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 9.2% is modest. ROIC of 4.7% represents below-average returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 54.7% | 54.7% | 59.4% | 60.4% | 61.7% | 63.3% | 64.6% | 65.9% | 64.9% | 64.8% | 65.5% |
| Operating Margin | 14.9% | 14.9% | 13.4% | 16.7% | 18.7% | 22.6% | 20.6% | 19.0% | 13.4% | 12.6% | 19.9% |
| Net Profit Margin | 10.7% | 10.7% | 12.7% | 14.4% | 14.5% | 18.8% | 17.4% | 16.5% | 11.0% | 8.9% | 13.7% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 9.2% | 9.2% | 10.7% | 12.2% | 11.8% | 14.8% | 14.1% | 14.0% | 9.2% | 6.8% | 10.1% |
| ROA | 4.1% | 4.1% | 5.0% | 6.0% | 6.4% | 8.2% | 7.5% | 7.7% | 5.9% | 5.0% | 7.5% |
| ROIC | 4.7% | 4.7% | 4.5% | 6.1% | 7.3% | 8.7% | 7.8% | 8.5% | 7.4% | 6.5% | 10.0% |
| ROCE | 6.7% | 6.7% | 6.2% | 7.7% | 9.1% | 10.9% | 9.9% | 10.4% | 8.6% | 7.7% | 11.9% |
AKAM Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Akamai Technologies, Inc. carries a Debt/EBITDA ratio of 5.2x, which is highly leveraged (76% above the sector average of 2.9x). Net debt stands at $6.0B ($6.9B total debt minus $930M cash). Interest coverage of 20.6x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.39 | 1.39 | 0.95 | 0.99 | 0.73 | 0.63 | 0.65 | 0.73 | 0.49 | 0.20 | 0.20 |
| Debt / EBITDA | 5.17 | 5.17 | 3.92 | 3.75 | 2.50 | 2.14 | 2.44 | 2.70 | 1.96 | 0.97 | 0.80 |
| Net Debt / Equity | — | 1.20 | 0.84 | 0.88 | 0.60 | 0.51 | 0.57 | 0.62 | 0.16 | 0.11 | 0.10 |
| Net Debt / EBITDA | 4.47 | 4.47 | 3.48 | 3.35 | 2.07 | 1.74 | 2.13 | 2.30 | 0.66 | 0.51 | 0.39 |
| Debt / FCF | — | 8.55 | 4.94 | 6.54 | 3.22 | 2.70 | 5.02 | 4.59 | 0.87 | 0.91 | 0.57 |
| Interest Coverage | 20.58 | 20.58 | 22.65 | 37.85 | 60.30 | 11.07 | 9.91 | 11.79 | 8.94 | 17.68 | 26.02 |
AKAM Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Akamai Technologies, Inc.'s current ratio of 2.29x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 2.16x to 2.29x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.29 | 2.29 | 1.23 | 2.16 | 2.41 | 2.43 | 2.54 | 3.22 | 2.09 | 2.90 | 3.50 |
| Quick Ratio | 2.29 | 2.29 | 1.23 | 2.16 | 2.41 | 2.43 | 2.54 | 3.22 | 2.09 | 2.90 | 3.50 |
| Cash Ratio | 1.23 | 1.23 | 0.76 | 1.03 | 1.35 | 1.36 | 1.45 | 2.22 | 1.56 | 1.53 | 2.23 |
| Asset Turnover | — | 0.37 | 0.38 | 0.39 | 0.44 | 0.43 | 0.41 | 0.41 | 0.50 | 0.54 | 0.54 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 68.84 | 66.55 | 69.35 | 68.55 | 71.28 | 75.33 | 69.62 | 64.53 | 67.67 | 57.30 |
AKAM Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Akamai Technologies, Inc. returns 4.4% to shareholders annually primarily through share buybacks. The earnings yield of 2.5% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.5% | 3.5% | 3.4% | 3.0% | 3.9% | 3.4% | 3.2% | 3.4% | 2.9% | 2.0% | 2.7% |
| FCF Yield | 3.9% | 5.5% | 5.6% | 3.4% | 6.0% | 4.4% | 2.8% | 3.5% | 5.8% | 3.4% | 4.7% |
| Buyback Yield | 4.4% | 6.2% | 3.8% | 3.6% | 4.5% | 2.7% | 1.1% | 2.4% | 7.3% | 3.2% | 3.2% |
| Total Shareholder Yield | 4.4% | 6.2% | 3.8% | 3.6% | 4.5% | 2.7% | 1.1% | 2.4% | 7.3% | 3.2% | 3.2% |
| Shares Outstanding | — | $147M | $154M | $155M | $160M | $166M | $165M | $165M | $169M | $173M | $176M |
Peer Comparison
Compare AKAM with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 AKAMYou | $18B | 40.7 | 18.1 | 26.0 | 54.7% | 14.9% | 9.2% | 4.7% | 5.2 |
 FSLY | $3B | -21.6 | — | 42.6 | 57.1% | -18.9% | -12.8% | -7.8% | — |
 NET | $79B | -772.8 | 930.8 | 244.3 | 74.4% | -9.4% | -8.2% | -4.6% | 42.0 |
 CDNS | $107B | 95.4 | 56.5 | 67.4 | 86.4% | 31.1% | 21.9% | 25.9% | 1.3 |
 ZS | $20B | -462.4 | — | 27.8 | 76.9% | -4.8% | -2.7% | -8.4% | — |
 PANW | $196B | 179.9 | 122.4 | 56.5 | 73.4% | 13.5% | 17.5% | 17.1% | 0.2 |
 FTNT | $107B | 59.6 | 47.3 | 48.1 | 80.8% | 30.6% | 135.7% | — | 0.4 |
 CRWD | $174B | -1053.6 | — | 133.1 | 74.7% | -6.1% | -4.2% | -351.6% | — |
 CHKP | $13B | 12.7 | 14.0 | 10.6 | 85.4% | 30.5% | 37.3% | 23.2% | 2.1 |
 CWAN | $7B | -173.5 | 70.5 | 43.9 | 67.3% | 3.8% | -2.5% | 1.1% | 7.8 |
 AMZN | $2.6T | 34.1 | 18.5 | 341.6 | 50.3% | 11.2% | 22.3% | 14.7% | 1.0 |
| Technology Median | — | 29.0 | 16.7 | 19.2 | 48.8% | 0.2% | 1.6% | 2.7% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 28 years · Updated daily
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AKAM — Frequently Asked Questions
Quick answers to the most common questions about buying AKAM stock.
What is Akamai Technologies, Inc.'s P/E ratio?
Akamai Technologies, Inc.'s current P/E ratio is 40.7x. The historical average is 39.7x. This places it at the 77th percentile of its historical range.
What is Akamai Technologies, Inc.'s EV/EBITDA?
Akamai Technologies, Inc.'s current EV/EBITDA is 18.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 20.8x.
What is Akamai Technologies, Inc.'s ROE?
Akamai Technologies, Inc.'s return on equity (ROE) is 9.2%. The historical average is 0.9%.
Is AKAM stock overvalued?
Based on historical data, Akamai Technologies, Inc. is trading at a P/E of 40.7x. This is at the 77th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Akamai Technologies, Inc.'s profit margins?
Akamai Technologies, Inc. has 54.7% gross margin and 14.9% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Akamai Technologies, Inc. have?
Akamai Technologies, Inc.'s Debt/EBITDA ratio is 5.2x, indicating high leverage. A ratio above 4x may signal elevated financial risk.