30 years of historical data (1996–2025) · Technology · Software - Application
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
Pegasystems Inc. trades at 20.5x earnings, 65% below its 5-year average of 57.9x, sitting at the 15th 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 14.8x P/FCF, 85% below the 5-year average of 96.2x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $7.5B | $11.0B | $8.4B | $4.1B | $2.8B | $9.1B | $10.7B | $6.3B | $4.0B | $3.9B | $2.9B |
| Enterprise Value | $7.3B | $10.9B | $8.6B | $4.5B | $3.3B | $9.6B | $11.1B | $6.3B | $3.9B | $3.7B | $2.8B |
| P/E Ratio → | 20.53 | 28.04 | 84.73 | 61.07 | — | — | — | — | 374.33 | 39.64 | 105.88 |
| P/S Ratio | 4.27 | 6.32 | 5.58 | 2.90 | 2.13 | 7.51 | 10.52 | 6.91 | 4.46 | 4.65 | 3.83 |
| P/B Ratio | 10.26 | 14.02 | 14.27 | 11.73 | 21.44 | 21.87 | 19.75 | 11.68 | 6.39 | 10.53 | 8.55 |
| P/FCF | 14.76 | 21.84 | 24.70 | 20.64 | — | 317.52 | — | — | 42.98 | 27.03 | 138.09 |
| P/OCF | 14.76 | 21.84 | 24.15 | 19.05 | 125.62 | 232.65 | — | — | 38.08 | 24.69 | 71.99 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
Pegasystems Inc.'s enterprise value stands at 27.8x EBITDA, 38% below its 5-year average of 44.7x. The Technology sector median is 15.7x, placing the stock at a 76% 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 | — | 6.23 | 5.72 | 3.14 | 2.54 | 7.94 | 10.94 | 6.89 | 4.33 | 4.45 | 3.73 |
| EV / EBITDA | 27.77 | 41.37 | 53.77 | 38.93 | — | — | — | — | 467.07 | 31.76 | 37.44 |
| EV / EBIT | 27.77 | — | 57.31 | 43.98 | — | — | — | — | — | 40.18 | 52.29 |
| EV / FCF | — | 21.54 | 25.33 | 22.39 | — | 335.85 | — | — | 41.74 | 25.91 | 134.69 |
Margins and return-on-capital ratios measuring operating efficiency
Pegasystems Inc. earns an operating margin of 15.1%. Operating margins have expanded from 5.7% to 15.1% over the past 3 years, signaling improving operational efficiency. Return on equity of 57.3% is exceptionally high. ROIC of 27.5% represents excellent returns on invested capital.
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 | 75.9% | 75.9% | 73.9% | 73.6% | 72.0% | 72.2% | 69.4% | 66.0% | 66.2% | 72.4% | 69.7% |
| Operating Margin | 15.1% | 15.1% | 8.3% | 5.7% | -8.3% | -7.8% | -14.1% | -14.8% | -1.9% | 11.1% | 6.8% |
| Net Profit Margin | 22.5% | 22.5% | 6.6% | 4.7% | -26.2% | -5.2% | -6.0% | -9.9% | 1.2% | 3.9% | 3.6% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 57.3% | 57.3% | 21.1% | 28.0% | -126.4% | -13.2% | -11.4% | -15.6% | 2.1% | 9.3% | 8.2% |
| ROA | 23.1% | 23.1% | 6.0% | 4.7% | -23.4% | -3.9% | -4.7% | -9.2% | 1.2% | 4.8% | 4.2% |
| ROIC | 27.5% | 27.5% | 12.4% | 8.8% | -10.2% | -7.4% | -14.5% | -19.6% | -3.6% | 29.5% | 15.3% |
| ROCE | 33.4% | 33.4% | 15.3% | 9.2% | -11.4% | -8.4% | -16.4% | -21.4% | -3.2% | 23.9% | 13.9% |
Solvency and debt-coverage ratios — lower is generally safer
Pegasystems Inc. carries a Debt/EBITDA ratio of 0.2x, which is very conservative (92% below the sector average of 3.0x). The company holds a net cash position — cash of $212M exceeds total debt of $61M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.08 | 0.08 | 0.94 | 1.64 | 5.26 | 1.65 | 1.10 | 0.10 | — | — | — |
| Debt / EBITDA | 0.23 | 0.23 | 3.45 | 5.03 | — | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.19 | 0.36 | 0.99 | 4.15 | 1.26 | 0.78 | -0.03 | -0.18 | -0.44 | -0.21 |
| Net Debt / EBITDA | -0.58 | -0.58 | 1.33 | 3.04 | — | — | — | — | -13.85 | -1.38 | -0.94 |
| Debt / FCF | — | -0.30 | 0.63 | 1.75 | — | 18.34 | — | — | -1.24 | -1.12 | -3.40 |
| Interest Coverage | — | — | 18.12 | 11.77 | -14.04 | -11.91 | -7.42 | — | — | — | — |
Net cash position: cash ($212M) exceeds total debt ($61M)
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.33x means Pegasystems Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 1.78x to 1.33x 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 | 1.33 | 1.33 | 1.23 | 1.78 | 1.57 | 1.73 | 2.12 | 1.34 | 1.84 | 1.51 | 1.40 |
| Quick Ratio | 1.33 | 1.33 | 1.23 | 1.78 | 1.57 | 1.73 | 2.12 | 1.34 | 1.84 | 1.51 | 1.40 |
| Cash Ratio | 0.58 | 0.58 | 0.68 | 0.73 | 0.55 | 0.75 | 1.01 | 0.18 | 0.63 | 0.71 | 0.47 |
| Asset Turnover | — | 1.07 | 0.85 | 0.95 | 0.97 | 0.76 | 0.63 | 0.93 | 0.91 | 1.16 | 1.15 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 111.59 | 134.79 | 143.31 | 141.74 | 127.11 | 157.22 | 152.16 | 144.73 | 166.23 | 135.82 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Pegasystems Inc. returns 0.4% to shareholders annually — split between a 0.2% dividend yield and 0.2% buyback yield. 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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.2% | 0.1% | 0.1% | 0.2% | 0.4% | 0.1% | 0.1% | 0.2% | 0.2% | 0.2% | 0.3% |
| Payout Ratio | — | — | 10.3% | 14.7% | — | — | — | — | 88.8% | 28.2% | 34.0% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.9% | 3.6% | 1.2% | 1.6% | — | — | — | — | 0.3% | 2.5% | 0.9% |
| FCF Yield | 6.8% | 4.6% | 4.0% | 4.8% | — | 0.3% | — | — | 2.3% | 3.7% | 0.7% |
| Buyback Yield | 0.2% | 0.2% | 0.9% | 0.0% | 1.7% | 1.3% | 1.0% | 1.1% | 2.3% | 1.2% | 1.5% |
| Total Shareholder Yield | 0.4% | 0.3% | 1.0% | 0.3% | 2.0% | 1.5% | 1.1% | 1.2% | 2.6% | 1.4% | 1.8% |
| Shares Outstanding | — | $185M | $179M | $170M | $164M | $163M | $161M | $158M | $166M | $166M | $159M |
Compare PEGA with 7 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| PEGAYou | $7B | 20.5 | 27.8 | 14.8 | 75.9% | 15.1% | 57.3% | 27.5% | 0.2 |
| CRM | $187B | 25.0 | 20.9 | 13.0 | 77.7% | 21.5% | 12.4% | 10.9% | 0.8 |
| HUBS | $14B | 307.6 | 1787.8 | 19.5 | 83.8% | 0.2% | 4.7% | 0.3% | 35.5 |
| FRSH | $2B | -24.4 | — | 16.3 | 84.3% | -19.2% | -8.6% | -17.8% | — |
| CXM | $1B | 13.2 | 31.3 | 19.9 | 72.1% | 3.0% | 18.8% | 3.4% | 1.1 |
| BRZE | $189M | -18.6 | — | 8.1 | 69.1% | -20.6% | -22.6% | -19.4% | — |
| HTCR | $6M | -3.8 | 9.7 | — | 58.6% | 0.2% | -26.6% | 0.6% | 4.6 |
| IFBD | $5M | -0.9 | — | — | 41.2% | -120.6% | -3.4% | -2.2% | — |
| 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 · 30 years · Updated daily
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Start ComparisonPegasystems Inc.'s current P/E ratio is 20.5x. The historical average is 60.0x. This places it at the 15th percentile of its historical range.
Pegasystems Inc.'s current EV/EBITDA is 27.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 32.4x.
Pegasystems Inc.'s return on equity (ROE) is 57.3%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 2.4%.
Based on historical data, Pegasystems Inc. is trading at a P/E of 20.5x. This is at the 15th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Pegasystems Inc.'s current dividend yield is 0.19%.
Pegasystems Inc. has 75.9% gross margin and 15.1% operating margin. Operating margin between 10-20% is typical for established companies.
Pegasystems Inc.'s Debt/EBITDA ratio is 0.2x, indicating low leverage. A ratio below 2x is generally considered financially healthy.