Dynatrace, Inc. (DT) Financial Ratios
10 years of historical data (2017–2026) · Technology · Software - Application
EV/EBITDA
↓
38.68
↓-44% vs avg
5yr avg: 68.91
30Y Low35.1·High98.3
P/FCF
↓
22.90
↓-40% vs avg
5yr avg: 37.86
30Y Low21.0·High67.0
P/B Ratio
↓
4.74
↓-32% vs avg
5yr avg: 6.96
30Y Low4.2·High12.4
ROE
↑
6.2%
↑-34% vs avg
5yr avg: 9.5%
30Y Low-144%·High21%
Debt/EBITDA
↓
0.57
↓-33% vs avg
5yr avg: 0.85
30Y Low0.3·High28.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
DT Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Dynatrace, Inc. trades at 76.7x earnings, 32% below its 5-year average of 112.7x, sitting at the 40th percentile of its historical range. Compared to the Technology sector median P/E of 29.0x, the stock trades at a premium of 164%. On a free-cash-flow basis, the stock trades at 22.9x P/FCF, 40% below the 5-year average of 37.9x.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $12.1B | $11.1B | $14.3B | $13.9B | $12.3B | $13.7B | $13.8B | $6.3B | — | — | — |
| Enterprise Value | $11.1B | $10.1B | $13.4B | $13.2B | $11.9B | $13.6B | $13.9B | $6.6B | — | — | — |
| P/E Ratio → | 76.70 | 68.48 | 29.65 | 89.31 | 114.32 | 261.67 | 185.54 | — | — | — | — |
| P/S Ratio | 5.98 | 5.48 | 8.43 | 9.72 | 10.65 | 14.74 | 19.65 | 11.57 | — | — | — |
| P/B Ratio | 4.74 | 4.23 | 5.46 | 6.90 | 7.69 | 10.50 | 12.41 | 6.54 | — | — | — |
| P/FCF | 22.90 | 20.97 | 33.04 | 39.52 | 37.00 | 58.75 | 66.98 | — | — | — | — |
| P/OCF | 21.58 | 19.76 | 31.16 | 36.76 | 34.76 | 54.61 | 62.70 | — | — | — | — |
P/E links to full P/E history page with 30-year chart
DT EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Dynatrace, Inc.'s enterprise value stands at 38.7x EBITDA, 44% below its 5-year average of 68.9x. The Technology sector median is 16.7x, placing the stock at a 131% premium on an enterprise-value basis.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 5.01 | 7.87 | 9.22 | 10.23 | 14.61 | 19.81 | 12.12 | — | — | — |
| EV / EBITDA | 38.68 | 35.15 | 58.77 | 71.94 | 80.42 | 98.26 | 91.17 | — | — | — | — |
| EV / EBIT | 42.21 | 38.35 | 74.53 | 102.72 | 127.74 | 166.99 | 151.38 | — | — | — | — |
| EV / FCF | — | 19.20 | 30.86 | 37.51 | 35.56 | 58.22 | 67.53 | — | — | — | — |
DT Profitability
Margins and return-on-capital ratios measuring operating efficiency
Dynatrace, Inc. earns an operating margin of 13.1%. Operating margins have expanded from 9.0% to 13.1% over the past 3 years, signaling improving operational efficiency. ROE of 6.2% is modest. ROIC of 11.8% represents solid returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 81.6% | 81.6% | 81.2% | 81.4% | 80.8% | 81.4% | 81.8% | 76.4% | 75.2% | 75.7% | 74.9% |
| Operating Margin | 13.1% | 13.1% | 10.6% | 9.0% | 8.0% | 8.7% | 13.1% | -31.5% | -16.9% | -5.5% | 3.1% |
| Net Profit Margin | 8.1% | 8.1% | 28.5% | 10.8% | 9.3% | 5.6% | 10.8% | -75.8% | -27.0% | 2.3% | 0.2% |
Return on Capital
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 6.2% | 6.2% | 20.9% | 8.5% | 7.4% | 4.3% | 7.3% | -143.8% | — | — | — |
| ROA | 3.8% | 3.8% | 12.8% | 5.0% | 4.1% | 2.2% | 3.5% | -21.5% | -6.3% | 0.5% | 0.0% |
| ROIC | 11.8% | 11.8% | 9.0% | 7.9% | 6.0% | 5.1% | 5.5% | -10.6% | -4.2% | -3.0% | — |
| ROCE | 9.4% | 9.4% | 7.3% | 6.6% | 5.5% | 5.0% | 5.8% | -14.2% | -19.2% | — | — |
DT Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Dynatrace, Inc. carries a Debt/EBITDA ratio of 0.6x, which is very conservative (81% below the sector average of 2.9x). The company holds a net cash position — cash of $1.1B exceeds total debt of $164M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.06 | 0.06 | 0.03 | 0.03 | 0.05 | 0.26 | 0.39 | 0.53 | — | — | — |
| Debt / EBITDA | 0.57 | 0.57 | 0.33 | 0.38 | 0.51 | 2.45 | 2.88 | — | 218.59 | 28.89 | — |
| Net Debt / Equity | — | -0.36 | -0.36 | -0.35 | -0.30 | -0.10 | 0.10 | 0.31 | — | — | — |
| Net Debt / EBITDA | -3.24 | -3.24 | -4.14 | -3.87 | -3.26 | -0.90 | 0.75 | — | 211.66 | 27.61 | -0.59 |
| Debt / FCF | — | -1.77 | -2.17 | -2.02 | -1.44 | -0.53 | 0.56 | — | 11.36 | 16.12 | -0.72 |
| Interest Coverage | — | — | — | — | 27.23 | 7.98 | 6.48 | -3.81 | -1.00 | -0.47 | 0.36 |
Net cash position: cash ($1.1B) exceeds total debt ($164M)
DT Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.35x means Dynatrace, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 1.28x to 1.35x over the past 3 years.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.35 | 1.35 | 1.40 | 1.28 | 1.08 | 1.10 | 1.05 | 1.00 | 0.22 | 0.12 | 0.10 |
| Quick Ratio | 1.35 | 1.35 | 1.40 | 1.28 | 1.08 | 1.10 | 1.05 | 1.00 | 0.22 | 0.12 | 0.10 |
| Cash Ratio | 0.75 | 0.75 | 0.81 | 0.66 | 0.54 | 0.53 | 0.50 | 0.43 | 0.05 | 0.04 | 0.03 |
| Asset Turnover | — | 0.46 | 0.41 | 0.42 | 0.42 | 0.37 | 0.31 | 0.27 | 0.24 | 0.21 | 0.21 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 128.43 | 136.66 | 156.55 | 139.42 | 137.71 | 125.60 | 105.03 | 97.76 | 125.15 | 102.91 |
DT Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Dynatrace, Inc. returns 4.0% to shareholders annually primarily through share buybacks. The earnings yield of 1.3% (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 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.3% | 1.5% | 3.4% | 1.1% | 0.9% | 0.4% | 0.5% | — | — | — | — |
| FCF Yield | 4.4% | 4.8% | 3.0% | 2.5% | 2.7% | 1.7% | 1.5% | — | — | — | — |
| Buyback Yield | 4.0% | 4.3% | 1.2% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — |
| Total Shareholder Yield | 4.0% | 4.3% | 1.2% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — |
| Shares Outstanding | — | $299M | $304M | $299M | $292M | $291M | $287M | $265M | $276M | $276M | $280M |
Peer Comparison
Compare DT 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 |
|---|---|---|---|---|---|---|---|---|---|
 DTYou | $12B | 76.7 | 38.7 | 22.9 | 81.6% | 13.1% | 6.2% | 11.8% | 0.6 |
 DDOG | $79B | 743.3 | 1030.2 | 79.3 | 80.0% | -1.3% | 3.3% | -0.8% | 19.6 |
 APM | $5M | -1.1 | — | — | — | — | -31.4% | -18.3% | — |
 ESTC | $6B | 17.2 | — | 19.0 | 76.1% | -1.9% | 33.4% | -2.7% | — |
 PD | $773M | 4.5 | 50.1 | 6.9 | 84.9% | 1.2% | 83.0% | 1.2% | 21.8 |
 AMZN | $2.6T | 34.1 | 18.5 | 341.6 | 50.3% | 11.2% | 22.3% | 14.7% | 1.0 |
 MSFT | $2.8T | 27.8 | 17.8 | 39.4 | 68.8% | 45.6% | 33.3% | 24.9% | 0.7 |
 GOOGL | $4.5T | 34.0 | 29.8 | 60.8 | 59.7% | 32.1% | 35.7% | 25.1% | 0.4 |
 CRM | $124B | 19.5 | 10.7 | 8.6 | 77.7% | 21.5% | 12.4% | 10.1% | 1.4 |
 NOW | $98B | 56.9 | 38.2 | 21.5 | 77.5% | 13.7% | 15.5% | 12.4% | 1.3 |
 CSCO | $471B | 46.9 | 33.6 | 35.5 | 64.9% | 20.8% | 22.1% | 13.0% | 1.9 |
| 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 · 10 years · Updated daily
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DT — Frequently Asked Questions
Quick answers to the most common questions about buying DT stock.
What is Dynatrace, Inc.'s P/E ratio?
Dynatrace, Inc.'s current P/E ratio is 76.7x. The historical average is 97.5x. This places it at the 40th percentile of its historical range.
What is Dynatrace, Inc.'s EV/EBITDA?
Dynatrace, Inc.'s current EV/EBITDA is 38.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 72.6x.
What is Dynatrace, Inc.'s ROE?
Dynatrace, Inc.'s return on equity (ROE) is 6.2%. The historical average is -12.7%.
Is DT stock overvalued?
Based on historical data, Dynatrace, Inc. is trading at a P/E of 76.7x. This is at the 40th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Dynatrace, Inc.'s profit margins?
Dynatrace, Inc. has 81.6% gross margin and 13.1% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Dynatrace, Inc. have?
Dynatrace, Inc.'s Debt/EBITDA ratio is 0.6x, indicating low leverage. A ratio below 2x is generally considered financially healthy.