13 years of historical data (2013–2025) · 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
Atlassian Corporation currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 15.3x P/FCF, 71% below the 5-year average of 52.8x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $21.7B | $53.2B | $45.8B | $43.0B | $47.5B | $64.1B | $44.1B | $31.2B | $14.5B | $7.8B | $5.0B |
| Enterprise Value | $20.5B | $51.9B | $44.9B | $42.2B | $47.4B | $63.8B | $43.8B | $30.8B | $13.9B | $7.6B | $4.8B |
| P/E Ratio → | -84.41 | — | — | — | — | — | — | — | — | — | 1295.00 |
| P/S Ratio | 4.17 | 10.19 | 10.52 | 12.17 | 16.94 | 30.70 | 27.34 | 25.80 | 16.54 | 12.61 | 10.96 |
| P/B Ratio | 16.09 | 39.51 | 44.38 | 65.70 | 145.01 | 217.46 | 76.72 | 55.21 | 15.93 | 8.74 | 6.85 |
| P/FCF | 15.35 | 37.56 | 32.39 | 51.06 | 63.26 | 79.84 | 81.96 | 74.33 | 51.39 | 42.64 | 52.57 |
| P/OCF | 14.88 | 36.41 | 31.65 | 49.55 | 57.82 | 76.82 | 76.87 | 66.95 | 46.41 | 39.21 | 38.68 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 9.95 | 10.30 | 11.94 | 16.91 | 30.55 | 27.14 | 25.46 | 15.86 | 12.22 | 10.40 |
| EV / EBITDA | — | — | — | — | 389.09 | 397.64 | 392.99 | 4473.57 | 415.18 | 1326.00 | 296.16 |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | 36.66 | 31.74 | 50.09 | 63.16 | 79.44 | 81.36 | 73.34 | 49.29 | 41.31 | 49.85 |
Margins and return-on-capital ratios measuring operating efficiency
Atlassian Corporation earns an operating margin of -2.5%. Operating margins have expanded from -9.8% to -2.5% over the past 3 years, signaling improving operational efficiency. A negative ROE of -21.6% indicates the company is currently destroying shareholder equity.
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 | 82.8% | 82.8% | 81.6% | 82.1% | 83.8% | 83.4% | 83.3% | 82.6% | 81.0% | 81.9% | 83.4% |
| Operating Margin | -2.5% | -2.5% | -2.7% | -9.8% | 2.5% | 3.2% | 0.9% | -5.2% | -5.3% | -9.0% | -1.3% |
| Net Profit Margin | -4.9% | -4.9% | -6.9% | -13.8% | -18.5% | -33.3% | -21.7% | -52.7% | -13.0% | -6.0% | 1.0% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -21.6% | -21.6% | -35.6% | -99.1% | -167.0% | -160.0% | -61.5% | -86.6% | -12.6% | -4.6% | 0.9% |
| ROA | -4.6% | -4.6% | -6.4% | -13.1% | -16.6% | -20.4% | -10.2% | -23.6% | -6.1% | -3.3% | 0.6% |
| ROIC | -110.3% | -110.3% | -83.4% | -568.6% | 44.2% | 44.1% | 5.3% | -20.3% | -7.1% | -7.5% | -1.9% |
| ROCE | -4.8% | -4.8% | -5.0% | -18.1% | 5.9% | 9.0% | 1.8% | -4.8% | -3.1% | -6.5% | -1.2% |
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $2.5B exceeds total debt of $1.2B, 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 | 0.92 | 0.92 | 1.21 | 1.96 | 4.02 | 2.05 | 2.01 | 1.51 | 0.90 | 0.00 | 0.00 |
| Debt / EBITDA | — | — | — | — | 10.79 | 3.77 | 10.35 | 123.96 | 24.55 | 0.12 | 0.05 |
| Net Debt / Equity | — | -0.95 | -0.90 | -1.25 | -0.22 | -1.06 | -0.57 | -0.73 | -0.65 | -0.27 | -0.35 |
| Net Debt / EBITDA | — | — | — | — | -0.58 | -1.96 | -2.93 | -60.25 | -17.69 | -42.67 | -16.14 |
| Debt / FCF | — | -0.90 | -0.66 | -0.97 | -0.09 | -0.39 | -0.61 | -0.99 | -2.10 | -1.33 | -2.72 |
| Interest Coverage | -2.24 | -2.24 | -1.51 | -9.32 | -10.36 | -5.53 | -5.98 | -14.05 | -7.54 | -697.67 | -68.11 |
Net cash position: cash ($2.5B) exceeds total debt ($1.2B)
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.22x means Atlassian Corporation can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 1.35x to 1.22x 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 | 1.22 | 1.22 | 1.18 | 1.35 | 1.19 | 0.70 | 0.88 | 0.88 | 4.10 | 1.87 | 3.29 |
| Quick Ratio | 1.22 | 1.22 | 1.18 | 1.35 | 1.19 | 0.70 | 0.88 | 0.88 | 4.10 | 1.87 | 3.29 |
| Cash Ratio | 0.92 | 0.92 | 0.90 | 1.04 | 0.91 | 0.53 | 0.71 | 0.74 | 3.90 | 1.68 | 3.14 |
| Asset Turnover | — | 0.86 | 0.84 | 0.86 | 0.84 | 0.71 | 0.41 | 0.41 | 0.36 | 0.48 | 0.46 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 54.47 | 52.59 | 49.33 | 40.13 | 32.04 | 28.98 | 26.63 | 26.90 | 16.81 | 14.21 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Atlassian Corporation returns 3.6% to shareholders annually primarily through share buybacks.
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 | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — | — | 0.1% |
| FCF Yield | 6.5% | 2.7% | 3.1% | 2.0% | 1.6% | 1.3% | 1.2% | 1.3% | 1.9% | 2.3% | 1.9% |
| Buyback Yield | 3.6% | 1.5% | 0.9% | 0.3% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 3.6% | 1.5% | 0.9% | 0.3% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $262M | $259M | $256M | $253M | $250M | $245M | $239M | $231M | $222M | $193M |
Compare TEAM 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 |
|---|---|---|---|---|---|---|---|---|---|
| $22B | -84.4 | — | 15.3 | 82.8% | -2.5% | -21.6% | -110.3% | — | |
| $98B | 56.9 | 38.2 | 21.5 | 77.5% | 13.7% | 15.5% | 12.4% | 1.3 | |
| $4B | 31.9 | 207.0 | 11.8 | 89.2% | -0.1% | 10.4% | -2.4% | 25.9 | |
| $31B | 45.3 | 24.0 | 11.0 | 75.7% | 10.7% | 8.2% | 7.3% | 2.8 | |
| $2.8T | 27.8 | 17.8 | 39.4 | 68.8% | 45.6% | 33.3% | 24.9% | 0.7 | |
| $124B | 19.5 | 10.7 | 8.6 | 77.7% | 21.5% | 12.4% | 10.1% | 1.4 | |
| $79B | 743.3 | 1030.2 | 79.3 | 80.0% | -1.3% | 3.3% | -0.8% | 19.6 | |
| $773M | 4.5 | 50.1 | 6.9 | 84.9% | 1.2% | 83.0% | 1.2% | 21.8 | |
| $4B | -75.9 | — | 20.2 | 87.4% | -7.4% | -6.0% | -7.5% | — | |
| $10B | -133.4 | — | 70.4 | 76.8% | -16.9% | -8.6% | -8.6% | — | |
| $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 →
Includes 30+ ratios · 13 years · Updated daily
Deep dive into TEAM consensus models and risk factors.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying TEAM stock.
Atlassian Corporation's current P/E ratio is -84.4x. This places it at the 50th percentile of its historical range.
Atlassian Corporation's return on equity (ROE) is -21.6%. The historical average is -46.7%.
Based on historical data, Atlassian Corporation is trading at a P/E of -84.4x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Atlassian Corporation has 82.8% gross margin and -2.5% operating margin.