29 years of historical data (1996–2024) · Technology · Software - Infrastructure
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Check Point Software Technologies Ltd. trades at 20.4x earnings, 6% below its 5-year average of 21.6x, sitting at the 50th percentile of its historical range. Compared to the Technology sector median P/E of 25.2x, the stock trades at a discount of 19%. On a free-cash-flow basis, the stock trades at 16.0x P/FCF, roughly in line with the 5-year average of 16.6x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $16.5B | $21.2B | $18.1B | $15.9B | $15.6B | $18.9B | $16.9B | $16.4B | $17.3B | $14.6B | $14.9B |
| Enterprise Value | $16.0B | $20.7B | $17.5B | $15.7B | $15.4B | $18.6B | $16.6B | $16.1B | $17.0B | $14.4B | $14.8B |
| P/E Ratio → | 20.38 | 25.03 | 21.52 | 19.99 | 19.17 | 22.30 | 20.43 | 19.93 | 21.50 | 20.21 | 21.76 |
| P/S Ratio | 6.42 | 8.25 | 7.49 | 6.84 | 7.21 | 9.14 | 8.46 | 8.54 | 9.31 | 8.41 | 9.17 |
| P/B Ratio | 6.18 | 7.59 | 6.41 | 5.44 | 4.80 | 5.44 | 4.73 | 4.34 | 4.80 | 4.19 | 4.23 |
| P/FCF | 16.03 | 20.59 | 17.74 | 14.81 | 13.16 | 16.53 | 15.65 | 14.53 | 15.97 | 15.82 | 16.03 |
| P/OCF | 15.66 | 20.12 | 17.42 | 14.51 | 12.98 | 16.26 | 15.28 | 14.31 | 15.56 | 15.42 | 15.74 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
Check Point Software Technologies Ltd.'s enterprise value stands at 16.7x EBITDA, 11% below its 5-year average of 18.7x. The Technology sector median is 15.7x, placing the stock at a 6% premium on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 8.07 | 7.27 | 6.76 | 7.09 | 9.02 | 8.32 | 8.38 | 9.18 | 8.30 | 9.05 |
| EV / EBITDA | 16.68 | 21.57 | 18.54 | 17.10 | 16.37 | 19.99 | 18.32 | 17.18 | 18.09 | 16.67 | 17.28 |
| EV / EBIT | 18.27 | 21.25 | 17.94 | 17.80 | 16.92 | 20.59 | 18.82 | 16.37 | 17.53 | 16.95 | 17.57 |
| EV / FCF | — | 20.13 | 17.21 | 14.63 | 12.93 | 16.31 | 15.39 | 14.26 | 15.75 | 15.62 | 15.82 |
Margins and return-on-capital ratios measuring operating efficiency
Check Point Software Technologies Ltd. earns an operating margin of 34.2%. Operating margins have compressed from 38.0% to 34.2% over the past 3 years, signaling potential cost pressures or competitive headwinds. Return on equity of 30.1% is exceptionally high. ROIC of 28.6% represents excellent returns on invested capital.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 87.6% | 87.6% | 88.3% | 86.9% | 88.1% | 89.0% | 89.2% | 89.5% | 88.5% | 88.4% | 88.4% |
| Operating Margin | 34.2% | 34.2% | 37.2% | 38.0% | 41.9% | 43.8% | 44.2% | 47.7% | 49.8% | 48.9% | 51.5% |
| Net Profit Margin | 33.0% | 33.0% | 34.8% | 34.2% | 37.6% | 41.0% | 41.4% | 42.9% | 43.3% | 41.6% | 42.1% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 30.1% | 30.1% | 29.2% | 25.8% | 24.3% | 24.1% | 22.5% | 22.3% | 22.6% | 20.6% | 19.1% |
| ROA | 14.8% | 14.8% | 14.7% | 13.7% | 13.9% | 14.6% | 14.2% | 14.5% | 15.0% | 14.1% | 13.7% |
| ROIC | 28.6% | 28.6% | 26.9% | 23.2% | 22.0% | 20.9% | 19.6% | 20.1% | 20.8% | 19.2% | 18.8% |
| ROCE | 23.1% | 23.1% | 23.5% | 21.9% | 21.4% | 20.9% | 19.9% | 20.9% | 22.2% | 21.1% | 20.9% |
Solvency and debt-coverage ratios — lower is generally safer
Check Point Software Technologies Ltd. carries a Debt/EBITDA ratio of 0.0x, which is very conservative (99% below the sector average of 3.0x). The company holds a net cash position — cash of $506M exceeds total debt of $30M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 486.7x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.01 | 0.01 | — | — | — | — | — | — | — | — | — |
| Debt / EBITDA | 0.03 | 0.03 | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.17 | -0.19 | -0.07 | -0.08 | -0.07 | -0.08 | -0.08 | -0.07 | -0.05 | -0.05 |
| Net Debt / EBITDA | -0.50 | -0.50 | -0.57 | -0.21 | -0.29 | -0.27 | -0.31 | -0.32 | -0.26 | -0.22 | -0.23 |
| Debt / FCF | — | -0.46 | -0.53 | -0.18 | -0.23 | -0.22 | -0.26 | -0.27 | -0.23 | -0.20 | -0.21 |
| Interest Coverage | 486.67 | 486.67 | 390.91 | 491.28 | 197.28 | 411.00 | 352.72 | 397.29 | 439.96 | 432.62 | 245.75 |
Net cash position: cash ($506M) exceeds total debt ($30M)
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.13x means Check Point Software Technologies Ltd. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 1.27x to 1.13x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.13 | 1.13 | 1.18 | 1.27 | 1.37 | 1.48 | 1.53 | 1.74 | 1.63 | 1.62 | 1.68 |
| Quick Ratio | 1.13 | 1.13 | 1.18 | 1.27 | 1.37 | 1.48 | 1.53 | 1.74 | 1.63 | 1.62 | 1.68 |
| Cash Ratio | 0.71 | 0.71 | 0.80 | 0.89 | 0.99 | 1.09 | 1.13 | 1.32 | 1.17 | 1.18 | 1.22 |
| Asset Turnover | — | 0.45 | 0.42 | 0.41 | 0.37 | 0.35 | 0.35 | 0.33 | 0.34 | 0.33 | 0.32 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 103.71 | 99.42 | 100.92 | 100.70 | 95.59 | 90.72 | 94.35 | 92.93 | 100.30 | 91.99 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Check Point Software Technologies Ltd. returns 7.9% to shareholders annually primarily through share buybacks. The earnings yield of 4.9% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.9% | 4.0% | 4.6% | 5.0% | 5.2% | 4.5% | 4.9% | 5.0% | 4.7% | 4.9% | 4.6% |
| FCF Yield | 6.2% | 4.9% | 5.6% | 6.8% | 7.6% | 6.0% | 6.4% | 6.9% | 6.3% | 6.3% | 6.2% |
| Buyback Yield | 7.9% | 6.1% | 7.1% | 8.2% | 8.3% | 6.9% | 7.6% | 6.7% | 5.8% | 6.7% | 6.6% |
| Total Shareholder Yield | 7.9% | 6.1% | 7.1% | 8.2% | 8.3% | 6.9% | 7.6% | 6.7% | 5.8% | 6.7% | 6.6% |
| Shares Outstanding | — | $113M | $118M | $126M | $134M | $142M | $152M | $159M | $167M | $173M | $184M |
Compare CHKP 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 |
|---|---|---|---|---|---|---|---|---|---|
| CHKPYou | $16B | 20.4 | 16.7 | 16.0 | 87.6% | 34.2% | 30.1% | 28.6% | 0.0 |
| PANW | $105B | 93.1 | 64.8 | 30.2 | 73.4% | 13.5% | 17.5% | 17.1% | 0.2 |
| CRWD | $94B | -4726.6 | 964.8 | 87.8 | 74.9% | -3.0% | -0.7% | — | 8.4 |
| FTNT | $59B | 32.5 | 25.6 | 26.4 | 80.8% | 30.6% | 135.7% | — | 0.4 |
| ZS | $24B | -544.4 | — | 32.5 | 76.9% | -4.8% | -2.7% | -8.4% | — |
| CYBR | $21B | -139.5 | 908.2 | 79.6 | 74.3% | -7.7% | -6.2% | -3.2% | 52.3 |
| GEN | $14B | 21.9 | 10.5 | 11.5 | 80.3% | 40.9% | 29.2% | 12.4% | 4.1 |
| RBRK | $10B | -6.9 | — | 331.8 | 70.0% | -127.9% | — | — | — |
| SAIL | $8B | -7.1 | 182.3 | — | 64.5% | -21.9% | — | — | 21.6 |
| NTCT | $4B | -5.8 | — | 18.9 | 78.3% | -44.7% | -21.3% | -19.7% | — |
| QLYS | $3B | 19.9 | 15.2 | 14.3 | 81.7% | 30.8% | 41.1% | 57.8% | 0.2 |
| Technology Median | — | 25.2 | 15.7 | 17.3 | 49.8% | -0.9% | 1.1% | 2.9% | 3.0 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 29 years · Updated daily
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Start ComparisonCheck Point Software Technologies Ltd.'s current P/E ratio is 20.4x. The historical average is 22.8x. This places it at the 50th percentile of its historical range.
Check Point Software Technologies Ltd.'s current EV/EBITDA is 16.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 20.8x.
Check Point Software Technologies Ltd.'s return on equity (ROE) is 30.1%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 25.6%.
Based on historical data, Check Point Software Technologies Ltd. is trading at a P/E of 20.4x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Check Point Software Technologies Ltd. has 87.6% gross margin and 34.2% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Check Point Software Technologies Ltd.'s Debt/EBITDA ratio is 0.0x, indicating low leverage. A ratio below 2x is generally considered financially healthy.