Open Text (OTEX) Financials

$28.13 +0.11 (+0.39%)

Closing price 05/22/2025 04:00 PM Eastern

Extended Trading

$28.14 +0.02 (+0.05%)

As of 04:07 AM Eastern

Annual Income Statements for Open Text

This table shows Open Text's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	6/30/2024	6/30/2023	6/30/2022	6/30/2021	6/30/2020	6/30/2019	6/30/2018	6/30/2017	6/30/2016	6/30/2015
Net Income / (Loss) Attributable to Common Shareholders	465	150	397	311	234	286	242	1,026	284	234
Consolidated Net Income / (Loss)	465	151	397	311	234	286	242	1,026	284	234
Net Income / (Loss) Continuing Operations	465	151	397	311	234	286	3,971	1,026	284	234
Total Pre-Tax Income	729	221	516	651	345	441	386	250	291	266
Total Operating Income	887	516	645	741	504	567	507	355	369	349
Total Gross Profit	4,191	3,168	2,432	2,352	2,106	1,938	3,728	1,530	1,250	1,254
Total Revenue	5,770	4,485	3,494	3,386	3,110	2,869	5,630	2,291	1,824	1,852
Operating Revenue	5,770	4,485	3,494	3,386	3,110	2,869	5,630	2,291	1,824	1,852
Total Cost of Revenue	1,579	1,317	1,062	1,034	1,004	931	1,902	762	574	598
Operating Cost of Revenue	1,579	1,317	1,062	1,034	1,004	931	1,902	762	574	598
Total Operating Expenses	3,304	2,652	1,787	1,611	1,602	1,371	-507	1,175	882	905
Selling, General & Admin Expense	577	420	317	264	238	208	205	170	140	163
Marketing Expense	1,134	949	677	622	585	518	529	444	344	374
Research & Development Expense	894	681	440	421	370	322	323	281	194	196
Depreciation Expense	132	108	88	85	89	98	87	64	55	51
Amortization Expense	432	326	217	217	220	190	184	151	113	108
Restructuring Charge	135	169	47	1.75	100	36	29	64	35	13
Total Other Income / (Expense), net	-158	-295	-129	-90	-158	-126	-121	-105	-78	-83
Interest & Investment Income	-516	-329	-158	-	-	-	-	-	-	-
Other Income / (Expense), net	358	34	29	61	-12	10	18	16	-1.42	-28
Income Tax Expense	264	71	119	340	111	155	144	-776	6.28	32
Net Income / (Loss) Attributable to Noncontrolling Interest	0.19	0.19	0.17	0.19	0.14	0.00	0.08	0.26	0.02	0.08
Basic Earnings per Share	$1.71	$0.56	$1.46	$1.14	$0.86	$1.06	$0.91	$4.04	$1.17	$0.96
Weighted Average Basic Shares Outstanding	271.55M	270.30M	271.27M	272.53M	270.85M	268.78M	266.09M	253.88M	242.93M	244.18M
Diluted Earnings per Share	$1.71	$0.56	$1.46	$1.14	$0.86	$1.06	$0.91	$4.01	$1.17	$0.95
Weighted Average Diluted Shares Outstanding	272.59M	270.45M	271.91M	273.48M	271.82M	269.91M	267.49M	255.81M	244.08M	245.91M
Weighted Average Basic & Diluted Shares Outstanding	268.19M	271.19M	269.82M	271.75M	271.88M	269.30M	266.20M	253.90M	243.10M	122M
Cash Dividends to Common per Share	$1.00	$0.97	$0.88	$0.78	$0.70	$0.63	$0.55	$0.48	$0.42	$0.36

This table shows Open Text's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	93	230	84	248	98	38	81	-49	58	258	-117
Consolidated Net Income / (Loss)	93	230	84	248	98	38	81	-49	58	259	-117
Net Income / (Loss) Continuing Operations	93	230	84	248	98	38	81	-49	58	259	-117
Total Pre-Tax Income	104	281	86	488	104	46	91	-50	45	309	-83
Total Operating Income	209	296	206	193	227	254	213	121	64	185	146
Total Gross Profit	898	978	910	988	1,056	1,129	1,018	1,064	875	636	594
Total Revenue	1,254	1,335	1,269	1,362	1,447	1,535	1,425	1,491	1,245	897	852
Operating Revenue	1,254	1,335	1,269	1,362	1,447	1,535	1,425	1,491	1,245	897	852
Total Cost of Revenue	356	357	359	374	391	406	407	427	370	262	258
Operating Cost of Revenue	356	357	359	374	391	406	407	427	370	262	258
Total Operating Expenses	689	682	704	794	829	875	806	943	811	451	447
Selling, General & Admin Expense	116	99	107	127	146	173	131	137	127	78	78
Marketing Expense	260	274	246	285	296	288	280	333	271	177	167
Research & Development Expense	197	181	191	205	234	213	226	250	211	110	110
Depreciation Expense	32	32	32	32	32	33	34	31	31	23	23
Amortization Expense	80	81	82	97	101	114	120	121	97	53	54
Restructuring Charge	3.85	15	47	48	20	54	14	70	74	10	14
Total Other Income / (Expense), net	-105	-15	-120	295	-123	-208	-122	-171	-19	125	-230
Interest & Investment Income	-79	-84	-84	-	-	-139	-142	-	-	-	-
Other Income / (Expense), net	-27	69	-36	397	9.95	-69	20	-25	86	163	-189
Income Tax Expense	11	51	1.88	240	6.03	8.05	10	-1.21	-12	51	34
Net Income / (Loss) Attributable to Noncontrolling Interest	0.05	0.04	0.05	0.05	0.04	0.06	0.05	0.05	0.06	0.04	0.04
Basic Earnings per Share	$0.35	$0.87	$0.32	$0.91	$0.36	$0.14	$0.30	($0.18)	$0.21	$0.96	($0.43)
Weighted Average Basic Shares Outstanding	262.84M	265.10M	267.40M	271.55M	272.27M	271.57M	271.18M	270.30M	270.44M	270.19M	269.80M
Diluted Earnings per Share	$0.35	$0.87	$0.32	$0.91	$0.36	$0.14	$0.30	($0.18)	$0.21	$0.96	($0.43)
Weighted Average Diluted Shares Outstanding	263.83M	265.19M	267.82M	272.59M	273.03M	272.14M	271.90M	270.45M	270.65M	270.19M	269.80M
Weighted Average Basic & Diluted Shares Outstanding	259.14M	264.00M	265.88M	268.19M	272.87M	272.04M	271.51M	271.19M	270.75M	270.46M	270.24M
Cash Dividends to Common per Share	$0.26	$0.26	$0.26	$0.25	$0.25	$0.25	$0.25	$0.24	$0.24	$0.24	$0.24

This table details how cash moves in and out of Open Text's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	6/30/2024	6/30/2023	6/30/2022	6/30/2021	6/30/2020	6/30/2019	6/30/2018	6/30/2017	6/30/2016	6/30/2015
Net Change in Cash & Equivalents	49	-462	86	-87	754	263	240	-841	584	272
Net Cash From Operating Activities	968	779	982	876	955	876	708	440	526	523
Net Cash From Continuing Operating Activities	968	779	982	876	954	876	708	440	526	523
Net Income / (Loss) Continuing Operations	465	151	397	311	234	286	242	1,026	284	234
Consolidated Net Income / (Loss)	465	151	397	311	234	286	242	1,026	284	234
Depreciation Expense	808	657	504	521	515	471	457	346	242	240
Amortization Expense	25	17	5.42	4.55	4.63	4.33	8.89	11	15	15
Non-Cash Adjustments To Reconcile Net Income	-275	238	25	-41	51	-10	27	30	31	26
Changes in Operating Assets and Liabilities, net	-55	-283	50	81	150	126	-27	-972	-47	7.04
Net Cash From Investing Activities	2,055	-5,651	-971	-69	-1,469	-465	-444	-2,191	-361	-398
Net Cash From Continuing Investing Activities	2,055	-5,651	-971	-69	-1,469	-465	-444	-2,191	-361	-398
Purchase of Property, Plant & Equipment	-159	-124	-93	-64	-73	-135	-105	-80	-70	-77
Acquisitions	-9.27	-5,658	-856	-0.97	-1,383	-2.28	-321	-2,115	0.00	0.00
Divestitures	2,229	0.00	0.00	-	-	-	-	-	-	-
Sale and/or Maturity of Investments	4.46	131	0.00	-	-	-	-	9.21	11	17
Other Investing Activities, net	-9.76	-0.87	-22	-4.12	-14	-328	-18	-5.94	-293	-328
Net Cash From Financing Activities	-2,962	4,403	138	-925	1,269	-148	-24	910	430	171
Net Cash From Continuing Financing Activities	-2,977	4,403	138	-925	1,269	-148	-24	910	430	171
Repayment of Debt	-2,574	-282	-902	-610	-1,747	-10	-1,154	-65	-15	-549
Repurchase of Common Equity	-150	0.00	-177	-119	0.00	0.00	0.00	-28	-76	-10
Payment of Dividends	-267	-260	-238	-211	-189	-169	-146	-121	-99	-88
Issuance of Debt	0.00	4,927	1,500	0.00	3,150	0.00	1,200	482	600	800
Issuance of Common Equity	67	39	67	80	67	58	76	640	20	15
Other Financing Activities, net	-53	-22	-112	-65	-12	-26	-	1.53	0.23	1.68
Effect of Exchange Rate Changes	-12	7.20	-63	30	-	-	-	-	-11	-23

This table details how cash moves in and out of Open Text's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	151	122	-280	155	122	83	-312	-166	-1,423	1,117	10
Net Cash From Operating Activities	402	348	-78	185	385	351	47	115	337	195	132
Net Cash From Continuing Operating Activities	412	319	-59	185	385	351	47	115	337	195	132
Net Income / (Loss) Continuing Operations	93	230	84	248	98	38	81	-49	58	259	-117
Consolidated Net Income / (Loss)	93	230	84	248	98	38	81	-49	58	259	-117
Depreciation Expense	159	160	161	178	181	218	231	229	190	117	120
Amortization Expense	5.54	5.50	5.30	5.67	6.77	7.33	5.50	8.26	5.33	1.69	1.48
Non-Cash Adjustments To Reconcile Net Income	-1.29	-17	18	-377	13	74	15	33	139	-141	206
Changes in Operating Assets and Liabilities, net	156	-60	-327	131	85	14	-285	-107	-56	-42	-79
Net Cash From Investing Activities	-36	-47	-36	2,180	-28	-46	-50	-26	-5,556	-33	-36
Net Cash From Continuing Investing Activities	-36	-47	-36	2,180	-28	-46	-50	-26	-5,556	-33	-36
Purchase of Property, Plant & Equipment	-28	-41	-39	-40	-37	-45	-38	-24	-31	-32	-36
Sale and/or Maturity of Investments	2.65	-	2.52	-	2.49	-	1.97	-	131	-	0.00
Other Investing Activities, net	-11	5.54	0.36	-9.29	6.32	-1.23	-5.55	-	-	-0.87	0.00
Net Cash From Financing Activities	-226	-150	-185	-2,202	-227	-236	-297	-259	3,793	927	-57
Net Cash From Continuing Financing Activities	-226	-150	-185	-2,217	-227	-236	-297	-259	3,793	927	-57
Repayment of Debt	-8.96	-10	-8.96	-2,010	-188	-187	-188	-186	-79	-14	-2.50
Repurchase of Common Equity	-115	-66	-87	-	-	-	0.00	-	-	-	-
Payment of Dividends	-68	-68	-69	-67	-67	-66	-67	-65	-65	-65	-65
Issuance of Common Equity	8.19	8.29	9.45	9.89	28	18	11	14	9.40	5.74	10
Other Financing Activities, net	-42	-14	-29	-	-	-	-53	-22	-	-	0.00

This table presents Open Text's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	6/30/2024	6/30/2023	6/30/2022	6/30/2021	6/30/2020	6/30/2019	6/30/2018	6/30/2017	6/30/2016	6/30/2015
Total Assets	14,206	17,089	10,179	9,609	10,235	7,934	7,765	7,481	5,154	4,353
Total Current Assets	2,277	2,275	2,285	2,202	2,386	1,561	1,328	1,003	1,672	1,070
Cash & Equivalents	1,281	1,232	1,694	1,607	1,693	941	683	443	1,284	700
Accounts Receivable	626	683	427	439	466	464	488	446	286	284
Prepaid Expenses	243	222	121	99	136	97	101	82	59	53
Current Deferred & Refundable Income Taxes	61	68	18	32	61	38	56	33	32	21
Other Current Assets	66	71	26	25	30	21	0.00	-	-	-
Plant, Property, & Equipment, net	368	357	245	234	245	249	264	227	184	160
Total Noncurrent Assets	11,561	14,457	7,649	7,174	7,604	6,123	6,173	6,250	3,298	3,123
Goodwill	7,488	8,663	5,245	4,692	4,672	3,770	3,580	3,417	2,326	2,162
Intangible Assets	2,486	4,081	1,075	1,187	1,613	1,147	1,297	1,473	646	679
Noncurrent Deferred & Refundable Income Taxes	1,029	1,021	854	832	941	1,042	1,147	1,224	250	190
Other Noncurrent Operating Assets	557	693	475	463	378	164	149	136	76	92
Total Liabilities & Shareholders' Equity	14,206	17,089	10,179	9,609	10,235	7,934	7,765	7,481	5,154	4,353
Total Liabilities	10,006	13,067	6,147	5,510	6,228	4,049	4,048	3,947	3,175	2,524
Total Current Liabilities	2,800	3,220	1,468	1,362	1,904	1,015	995	1,127	671	624
Short-Term Debt	36	321	10	10	610	10	10	183	8.00	8.00
Accounts Payable	931	996	449	424	373	330	302	342	257	241
Current Deferred Revenue	1,521	1,722	902	853	812	642	644	570	374	358
Current Deferred & Payable Income Tax Liabilities	236	89	51	17	45	33	38	32	32	17
Other Current Liabilities	76	91	56	58	64	0.00	-	-	-	-
Total Noncurrent Liabilities	7,206	9,847	4,678	4,148	4,324	3,035	3,053	2,820	2,504	1,899
Long-Term Debt	6,357	8,562	4,210	3,579	3,584	2,605	2,611	2,387	2,138	1,549
Noncurrent Deferred Revenue	162	218	91	99	94	47	72	67	46	41
Noncurrent Deferred & Payable Income Tax Liabilities	294	618	100	142	320	258	252	257	228	217
Noncurrent Employee Benefit Liabilities	127	126	61	75	73	75	66	59	62	57
Other Noncurrent Operating Liabilities	265	324	217	253	252	49	53	50	30	35
Total Equity & Noncontrolling Interests	4,200	4,022	4,032	4,099	4,007	3,885	3,717	3,533	1,979	1,830
Total Preferred & Common Equity	4,198	4,021	4,031	4,098	4,005	3,883	3,716	3,532	1,979	1,829
Total Common Equity	4,198	4,021	4,031	4,098	4,005	3,883	3,716	3,532	1,979	1,829
Common Stock	2,272	2,177	2,039	1,948	1,852	1,774	1,707	1,613	965	934
Retained Earnings	2,119	2,049	2,160	2,153	2,159	2,114	1,994	1,898	993	863
Treasury Stock	-123	-152	-160	-69	-24	-29	-19	-28	-25	-20
Accumulated Other Comprehensive Income / (Loss)	-70	-54	-7.66	66	18	24	34	49	46	52
Noncontrolling Interest	1.52	1.33	1.14	1.51	1.32	1.22	1.04	0.96	0.54	0.52

This table presents Open Text's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	3/31/2024	12/31/2023	9/30/2023	3/31/2023	12/31/2022	9/30/2022	3/31/2022
Total Assets	13,755	13,732	13,779	16,393	16,443	16,554	17,428	11,218	10,077	10,163
Total Current Assets	2,162	2,085	1,980	4,192	4,084	1,945	2,433	3,459	2,244	2,232
Cash & Equivalents	1,278	1,122	1,000	1,125	1,003	920	1,397	2,821	1,704	1,634
Accounts Receivable	593	640	593	654	735	677	676	471	378	430
Prepaid Expenses	201	187	220	212	215	200	251	131	125	123
Current Deferred & Refundable Income Taxes	19	68	97	14	8.34	70	48	10	8.86	21
Other Current Assets	71	68	70	66	71	79	61	26	28	25
Plant, Property, & Equipment, net	368	356	365	346	353	362	341	251	251	228
Total Noncurrent Assets	11,225	11,291	11,434	11,854	12,007	14,247	14,654	7,509	7,582	7,702
Goodwill	7,494	7,483	7,503	7,528	7,604	8,619	8,749	5,250	5,227	5,265
Intangible Assets	2,102	2,229	2,358	2,624	2,773	3,888	4,222	884	975	1,181
Noncurrent Deferred & Refundable Income Taxes	1,069	1,032	1,009	1,115	1,020	1,091	979	858	861	761
Other Noncurrent Operating Assets	560	547	564	587	609	649	705	517	520	495
Total Liabilities & Shareholders' Equity	13,755	13,732	13,779	16,393	16,443	16,554	17,428	11,218	10,077	10,163
Total Liabilities	9,624	9,500	9,642	12,262	12,413	12,540	13,304	7,097	6,227	6,107
Total Current Liabilities	2,523	2,401	2,500	2,988	2,959	2,822	3,484	1,494	1,578	1,418
Short-Term Debt	36	36	36	46	46	146	496	10	10	10
Accounts Payable	848	773	863	899	949	836	911	459	601	405
Current Deferred Revenue	1,527	1,453	1,450	1,584	1,535	1,596	1,785	879	849	937
Current Deferred & Payable Income Tax Liabilities	37	65	75	151	119	153	198	88	59	7.48
Other Current Liabilities	76	75	75	81	87	90	94	58	59	59
Total Noncurrent Liabilities	7,101	7,099	7,143	9,274	9,454	9,718	9,820	5,602	4,649	4,689
Long-Term Debt	6,345	6,349	6,353	8,306	8,475	8,555	8,565	5,193	4,209	4,211
Noncurrent Deferred Revenue	172	160	162	171	170	197	240	85	86	91
Noncurrent Deferred & Payable Income Tax Liabilities	214	224	235	396	391	538	552	60	85	91
Noncurrent Employee Benefit Liabilities	132	127	134	129	129	126	112	57	53	76
Other Noncurrent Operating Liabilities	238	240	259	273	289	302	350	208	217	220
Total Equity & Noncontrolling Interests	4,130	4,232	4,137	4,131	4,030	4,014	4,123	4,121	3,850	4,056
Total Preferred & Common Equity	4,129	4,230	4,135	4,129	4,029	4,013	4,122	4,120	3,849	4,055
Total Common Equity	4,129	4,230	4,135	4,129	4,029	4,013	4,122	4,120	3,849	4,055
Common Stock	2,200	2,276	2,290	2,277	2,262	2,217	2,130	2,092	2,068	2,010
Retained Earnings	2,082	2,175	2,065	2,059	2,030	2,062	2,163	2,171	1,978	2,151
Treasury Stock	-78	-144	-146	-134	-179	-196	-139	-142	-155	-124
Accumulated Other Comprehensive Income / (Loss)	-76	-76	-74	-73	-83	-70	-33	-1.03	-43	17
Noncontrolling Interest	1.67	1.62	1.58	1.48	1.44	1.37	1.28	1.22	1.19	1.10

This table displays calculated financial ratios and metrics derived from Open Text's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	6/30/2024	6/30/2023	6/30/2022	6/30/2021	6/30/2020	6/30/2019	6/30/2018	6/30/2017	6/30/2016	6/30/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	28.64%	28.37%	3.18%	8.89%	8.40%	-49.05%	145.76%	25.59%	-1.50%	13.99%
EBITDA Growth	69.71%	3.52%	-10.86%	31.31%	-3.94%	6.25%	36.15%	16.57%	8.37%	14.01%
EBIT Growth	126.14%	-18.27%	-16.01%	63.22%	-14.83%	10.01%	41.63%	0.90%	14.49%	5.32%
NOPAT Growth	61.14%	-29.25%	40.25%	3.53%	-7.01%	15.62%	-78.20%	304.38%	17.37%	29.64%
Net Income Growth	209.02%	-62.10%	27.79%	32.64%	-17.95%	17.89%	-76.38%	260.61%	21.37%	7.49%
EPS Growth	205.36%	-61.64%	28.07%	32.56%	-18.87%	16.48%	-77.31%	242.74%	21.37%	7.49%
Operating Cash Flow Growth	24.19%	-20.64%	12.06%	-8.22%	8.93%	23.75%	60.80%	-16.24%	0.51%	25.39%
Free Cash Flow Firm Growth	161.45%	-24,773.82%	-97.53%	228.52%	-231.01%	43.67%	123.53%	-762.73%	25.59%	119.07%
Invested Capital Growth	-20.23%	78.00%	7.85%	-6.56%	17.08%	-1.70%	-0.09%	100.02%	5.74%	5.62%
Revenue Q/Q Growth	-2.18%	15.10%	0.26%	2.02%	2.62%	-49.59%	106.66%	8.51%	0.06%	-0.60%
EBITDA Q/Q Growth	26.85%	6.00%	-6.35%	8.33%	-3.52%	1.88%	3.82%	9.52%	1.42%	-2.91%
EBIT Q/Q Growth	65.82%	-7.03%	-10.51%	17.19%	-11.23%	3.73%	4.17%	7.40%	3.00%	-7.40%
NOPAT Q/Q Growth	-20.99%	-19.41%	-8.22%	82.19%	-11.13%	-0.28%	10.37%	-4.93%	7.21%	-3.17%
Net Income Q/Q Growth	176.42%	-50.06%	-16.61%	99.37%	-16.29%	3.67%	6.90%	-3.76%	6.58%	-7.64%
EPS Q/Q Growth	175.81%	-50.00%	-16.57%	103.57%	-17.31%	3.92%	7.06%	-0.99%	6.58%	-7.64%
Operating Cash Flow Q/Q Growth	7.79%	-14.92%	-4.31%	1.85%	5.58%	3.02%	16.54%	-3.41%	-2.36%	-0.59%
Free Cash Flow Firm Q/Q Growth	-3.67%	-1.17%	-56.75%	-1.01%	8.91%	5.73%	59.87%	10.77%	-56.77%	21.98%
Invested Capital Q/Q Growth	-1.61%	-0.97%	-1.27%	-1.07%	-3.46%	-2.30%	-1.82%	-0.24%	8.74%	-2.50%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	72.64%	70.64%	69.60%	69.45%	67.72%	67.56%	66.22%	66.76%	68.53%	67.69%
EBITDA Margin	36.03%	27.31%	33.87%	39.20%	32.51%	36.69%	17.59%	31.75%	34.21%	31.10%
Operating Margin	15.38%	11.51%	18.45%	21.88%	16.19%	19.77%	9.00%	15.48%	20.20%	18.83%
EBIT Margin	21.59%	12.28%	19.29%	23.69%	15.81%	20.12%	9.32%	16.17%	20.13%	17.32%
Profit (Net Income) Margin	8.06%	3.36%	11.37%	9.18%	7.54%	9.96%	4.30%	44.78%	15.60%	12.66%
Tax Burden Percent	63.80%	68.03%	76.99%	47.77%	67.89%	64.83%	62.75%	411.10%	97.84%	88.11%
Interest Burden Percent	58.56%	40.19%	76.57%	81.11%	70.22%	76.33%	73.59%	67.37%	79.20%	82.97%
Effective Tax Rate	36.20%	31.97%	23.01%	52.23%	32.11%	35.17%	37.25%	-311.10%	2.16%	11.89%
Return on Invested Capital (ROIC)	5.39%	3.85%	7.85%	5.62%	5.67%	6.56%	5.62%	34.35%	13.10%	11.80%
ROIC Less NNEP Spread (ROIC-NNEP)	3.82%	-0.09%	3.46%	3.70%	0.52%	2.02%	1.90%	5.31%	4.13%	3.41%
Return on Net Nonoperating Assets (RNNOA)	5.92%	-0.11%	1.92%	2.05%	0.27%	0.96%	1.06%	2.87%	1.84%	1.71%
Return on Equity (ROE)	11.32%	3.74%	9.77%	7.67%	5.94%	7.51%	6.68%	37.22%	14.94%	13.50%
Cash Return on Invested Capital (CROIC)	27.90%	-52.26%	0.31%	12.41%	-10.07%	8.27%	5.71%	-32.32%	7.52%	6.33%
Operating Return on Assets (OROA)	7.96%	4.04%	6.81%	8.09%	5.41%	7.35%	6.88%	5.86%	7.72%	7.77%
Return on Assets (ROA)	2.97%	1.10%	4.02%	3.13%	2.58%	3.64%	3.18%	16.24%	5.98%	5.68%
Return on Common Equity (ROCE)	11.31%	3.74%	9.77%	7.67%	5.94%	7.51%	6.68%	37.21%	14.93%	13.50%
Return on Equity Simple (ROE_SIMPLE)	11.08%	3.74%	9.85%	7.59%	5.85%	7.36%	6.52%	29.04%	14.38%	12.81%
Net Operating Profit after Tax (NOPAT)	566	351	496	354	342	368	318	1,458	361	307
NOPAT Margin	9.81%	7.83%	14.21%	10.45%	10.99%	12.81%	5.65%	63.65%	19.77%	16.59%
Net Nonoperating Expense Percent (NNEP)	1.58%	3.94%	4.40%	1.92%	5.15%	4.54%	3.72%	29.04%	8.97%	8.38%
Cost of Revenue to Revenue	27.36%	29.36%	30.40%	30.55%	32.28%	32.44%	33.78%	33.24%	31.47%	32.31%
SG&A Expenses to Revenue	10.00%	9.36%	9.08%	7.78%	7.64%	7.25%	3.64%	7.44%	7.70%	8.79%
R&D to Revenue	15.49%	15.17%	12.61%	12.45%	11.91%	11.22%	5.74%	12.27%	10.64%	10.61%
Operating Expenses to Revenue	57.26%	59.13%	51.14%	47.57%	51.53%	47.79%	-9.00%	51.28%	48.33%	48.86%
Earnings before Interest and Taxes (EBIT)	1,245	551	674	802	492	577	525	370	367	321
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	2,079	1,225	1,183	1,327	1,011	1,052	990	727	624	576
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.95	2.72	2.40	3.14	2.63	2.56	2.23	2.04	3.10	2.27
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.42	2.44	2.77	3.80	3.38	3.47	1.47	3.15	3.36	2.25
Price to Earnings (P/E)	17.62	72.77	24.35	41.40	44.89	34.85	34.25	7.04	21.55	17.75
Dividend Yield	3.33%	2.40%	2.47%	1.65%	1.80%	2.12%	1.77%	1.74%	1.64%	2.11%
Earnings Yield	5.67%	1.37%	4.11%	2.42%	2.23%	2.87%	2.92%	14.21%	4.64%	5.63%
Enterprise Value to Invested Capital (EV/IC)	1.43	1.59	1.86	2.44	2.00	2.09	1.81	1.65	2.47	1.87
Enterprise Value to Revenue (EV/Rev)	2.31	4.15	3.49	4.38	4.19	4.05	1.82	4.08	3.83	2.70
Enterprise Value to EBITDA (EV/EBITDA)	6.40	15.18	10.31	11.18	12.88	11.05	10.33	12.85	11.19	8.69
Enterprise Value to EBIT (EV/EBIT)	10.69	33.76	18.10	18.50	26.48	20.14	19.51	25.23	19.01	15.61
Enterprise Value to NOPAT (EV/NOPAT)	23.52	52.95	24.57	41.94	38.08	31.62	32.19	6.41	19.36	16.30
Enterprise Value to Operating Cash Flow (EV/OCF)	13.76	23.86	12.42	16.94	13.64	13.27	14.45	21.22	13.28	9.57
Enterprise Value to Free Cash Flow (EV/FCFF)	4.55	0.00	631.75	19.01	0.00	25.06	31.69	0.00	33.72	30.37
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.52	2.21	1.05	0.88	1.05	0.67	0.71	0.73	1.08	0.85
Long-Term Debt to Equity	1.51	2.13	1.04	0.87	0.89	0.67	0.70	0.68	1.08	0.85
Financial Leverage	1.55	1.26	0.55	0.55	0.53	0.48	0.56	0.54	0.45	0.50
Leverage Ratio	3.81	3.39	2.43	2.45	2.30	2.07	2.10	2.29	2.50	2.38
Compound Leverage Factor	2.23	1.36	1.86	1.99	1.62	1.58	1.55	1.54	1.98	1.97
Debt to Total Capital	60.35%	68.83%	51.13%	46.68%	51.14%	40.23%	41.35%	42.11%	52.02%	45.98%
Short-Term Debt to Total Capital	0.34%	2.49%	0.12%	0.13%	7.44%	0.15%	0.16%	2.99%	0.19%	0.24%
Long-Term Debt to Total Capital	60.01%	66.35%	51.01%	46.55%	43.71%	40.08%	41.19%	39.11%	51.83%	45.74%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.01%	0.01%	0.01%	0.02%	0.02%	0.02%	0.02%	0.02%	0.01%	0.02%
Common Equity to Total Capital	39.63%	31.16%	48.85%	53.30%	48.84%	59.75%	58.64%	57.88%	47.97%	54.01%
Debt to EBITDA	3.08	7.25	3.57	2.70	4.15	2.48	2.65	3.53	3.44	2.70
Net Debt to EBITDA	2.46	6.25	2.13	1.49	2.47	1.59	1.96	2.92	1.36	1.47
Long-Term Debt to EBITDA	3.06	6.99	3.56	2.70	3.55	2.48	2.64	3.28	3.43	2.69
Debt to NOPAT	11.30	25.29	8.50	10.14	12.27	7.11	8.24	1.76	5.95	5.07
Net Debt to NOPAT	9.03	21.79	5.09	5.60	7.32	4.55	6.09	1.46	2.36	2.75
Long-Term Debt to NOPAT	11.23	24.38	8.48	10.11	10.48	7.09	8.21	1.64	5.93	5.04
Altman Z-Score	1.35	0.97	1.90	2.45	1.83	2.53	2.59	1.90	2.25	2.06
Noncontrolling Interest Sharing Ratio	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.02%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.81	0.71	1.56	1.62	1.25	1.54	1.33	0.89	2.49	1.71
Quick Ratio	0.68	0.59	1.44	1.50	1.13	1.38	1.18	0.79	2.36	1.59
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	2,928	-4,764	19	781	-608	464	323	-1,372	207	165
Operating Cash Flow to CapEx	607.48%	629.24%	1,054.47%	1,375.92%	1,312.82%	650.84%	672.33%	553.26%	750.93%	678.86%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	5.15	-4.15	3.40	2.33	-11.35	2.71	3.02
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	5.78	6.52	6.42	5.11	3.64	6.88	9.58
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	5.36	6.02	5.43	4.35	2.98	5.97	8.17
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.37	0.33	0.35	0.34	0.34	0.37	0.74	0.36	0.38	0.45
Accounts Receivable Turnover	8.82	8.09	8.08	7.48	6.69	6.03	12.06	6.26	6.40	6.42
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	15.92	14.91	14.61	14.16	12.59	11.17	22.91	11.15	10.60	12.24
Accounts Payable Turnover	1.64	1.82	2.44	2.60	2.85	2.95	5.90	2.54	2.30	2.53
Days Sales Outstanding (DSO)	41.40	45.13	45.19	48.77	54.59	60.55	30.27	58.29	57.03	56.87
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	222.83	200.28	149.86	140.59	127.85	123.94	61.82	143.68	158.60	144.35
Cash Conversion Cycle (CCC)	-181.43	-155.15	-104.66	-91.82	-73.27	-63.39	-31.55	-85.39	-101.57	-87.48
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	9,312	11,673	6,558	6,081	6,508	5,559	5,655	5,660	2,830	2,676
Invested Capital Turnover	0.55	0.49	0.55	0.54	0.52	0.51	1.00	0.54	0.66	0.71
Increase / (Decrease) in Invested Capital	-2,362	5,115	477	-427	950	-96	-4.94	2,830	154	142
Enterprise Value (EV)	13,311	18,595	12,198	14,845	13,018	11,624	10,234	9,345	6,981	5,007
Market Capitalization	8,197	10,943	9,671	12,862	10,515	9,949	8,295	7,218	6,130	4,160
Book Value per Share	$15.39	$14.85	$14.90	$15.00	$14.75	$14.41	$13.89	$13.38	$16.31	$14.97
Tangible Book Value per Share	($21.17)	($32.22)	($8.46)	($6.52)	($8.39)	($3.83)	($4.34)	($5.14)	($8.19)	($8.28)
Total Capital	10,592	12,905	8,252	7,688	8,201	6,500	6,338	6,103	4,125	3,387
Total Debt	6,393	8,883	4,220	3,589	4,194	2,615	2,621	2,570	2,146	1,557
Total Long-Term Debt	6,357	8,562	4,210	3,579	3,584	2,605	2,611	2,387	2,138	1,549
Net Debt	5,112	7,651	2,526	1,982	2,501	1,674	1,938	2,126	850	846
Capital Expenditures (CapEx)	159	124	93	64	73	135	105	80	70	77
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-1,768	-1,855	-867	-757	-601	-384	-340	-384	-286	-258
Debt-free Net Working Capital (DFNWC)	-487	-624	827	850	1,092	557	343	59	1,009	453
Net Working Capital (NWC)	-523	-944	817	840	482	547	333	-124	1,001	445
Net Nonoperating Expense (NNE)	101	201	99	43	107	82	76	432	76	73
Net Nonoperating Obligations (NNO)	5,112	7,651	2,526	1,982	2,501	1,674	1,938	2,126	850	846
Total Depreciation and Amortization (D&A)	833	674	509	525	519	475	466	357	257	255
Debt-free, Cash-free Net Working Capital to Revenue	-30.64%	-41.36%	-24.80%	-22.36%	-19.32%	-13.40%	-6.04%	-16.77%	-15.70%	-13.93%
Debt-free Net Working Capital to Revenue	-8.45%	-13.90%	23.67%	25.11%	35.12%	19.40%	6.09%	2.58%	55.32%	24.47%
Net Working Capital to Revenue	-9.07%	-21.06%	23.39%	24.81%	15.51%	19.05%	5.91%	-5.39%	54.89%	24.04%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.71	$0.56	$1.46	$1.14	$0.86	$1.06	$0.91	$4.04	$1.17	$0.96
Adjusted Weighted Average Basic Shares Outstanding	271.55M	270.30M	271.27M	272.53M	270.85M	268.78M	266.09M	253.88M	242.93M	244.18M
Adjusted Diluted Earnings per Share	$1.71	$0.56	$1.46	$1.14	$0.86	$1.06	$0.91	$4.01	$1.17	$0.96
Adjusted Weighted Average Diluted Shares Outstanding	272.59M	270.45M	271.91M	273.48M	271.82M	269.91M	267.49M	255.81M	244.08M	245.91M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$1.06	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	268.19M	271.19M	269.82M	271.75M	271.88M	270.01M	267.85M	264.24M	242.89M	244.68M
Normalized Net Operating Profit after Tax (NOPAT)	652	466	532	520	410	391	336	293	395	319
Normalized NOPAT Margin	11.31%	10.40%	15.24%	15.35%	13.19%	13.62%	5.97%	12.78%	21.64%	17.20%
Pre Tax Income Margin	12.64%	4.94%	14.77%	19.22%	11.10%	15.36%	6.86%	10.89%	15.94%	14.37%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	5.29	3.36	4.23	3.79	3.06	4.81	5.87
NOPAT to Interest Expense	0.00	0.00	0.00	2.34	2.34	2.69	2.30	12.06	4.72	5.63
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	4.87	2.86	3.24	3.03	2.41	3.89	4.46
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	1.92	1.84	1.71	1.53	11.40	3.81	4.21
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	57.46%	172.38%	59.92%	67.77%	80.52%	59.32%	60.10%	11.77%	34.89%	37.38%
Augmented Payout Ratio	89.70%	172.38%	104.48%	106.08%	80.52%	59.32%	60.10%	14.48%	61.65%	41.70%

This table displays calculated financial ratios and metrics derived from Open Text's official financial filings.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-13.32%	-13.05%	-10.97%	-8.63%	16.27%	71.03%	67.30%	65.20%	41.07%	2.35%	2.37%
EBITDA Growth	-18.22%	29.11%	-28.29%	131.86%	22.97%	-12.07%	495.64%	26.21%	22.24%	993.28%	-76.81%
EBIT Growth	-23.00%	96.89%	-26.81%	515.35%	58.33%	-46.82%	643.55%	-30.27%	-4.04%	107.34%	-120.18%
NOPAT Growth	-12.49%	15.76%	6.88%	15.84%	162.28%	35.55%	84.24%	-41.32%	-3.97%	15.59%	-25.46%
Net Income Growth	-5.57%	509.23%	4.29%	609.96%	70.67%	-85.40%	169.25%	-147.62%	-22.90%	192.66%	-188.57%
EPS Growth	-2.78%	521.43%	6.67%	605.56%	71.43%	-85.42%	169.77%	-147.37%	-25.00%	200.00%	-189.58%
Operating Cash Flow Growth	4.56%	-0.76%	-265.12%	60.64%	14.23%	79.67%	-64.29%	-54.23%	4.09%	-9.91%	-30.43%
Free Cash Flow Firm Growth	-83.52%	115.55%	147.14%	148.90%	150.10%	-713.26%	-2,506.73%	-1,413.34%	-1,131.07%	180.14%	-140.89%
Invested Capital Growth	-2.44%	-2.32%	-19.24%	-20.23%	-19.71%	49.45%	85.33%	78.00%	77.45%	-4.91%	5.01%
Revenue Q/Q Growth	-6.01%	5.16%	-6.84%	-5.87%	-5.72%	7.68%	-4.39%	19.78%	38.69%	5.33%	-5.59%
EBITDA Q/Q Growth	-34.46%	57.38%	-56.46%	82.11%	3.48%	-12.59%	40.76%	-3.42%	-26.00%	492.09%	-70.18%
EBIT Q/Q Growth	-49.92%	113.62%	-71.10%	149.06%	28.06%	-20.59%	142.95%	-35.92%	-56.99%	911.63%	-131.17%
NOPAT Q/Q Growth	-22.69%	20.05%	105.12%	-54.03%	2.26%	10.84%	122.32%	4.08%	-47.15%	50.66%	-29.19%
Net Income Q/Q Growth	-59.61%	172.33%	-66.00%	152.50%	160.56%	-53.38%	266.26%	-184.50%	-77.71%	321.18%	-214.33%
EPS Q/Q Growth	-59.77%	171.88%	-64.84%	152.78%	157.14%	-53.33%	266.67%	-185.71%	-78.13%	323.26%	-213.16%
Operating Cash Flow Q/Q Growth	15.59%	547.26%	-142.01%	-51.85%	9.71%	644.15%	-59.13%	-65.76%	72.55%	47.90%	-47.62%
Free Cash Flow Firm Q/Q Growth	-10.57%	-81.08%	0.44%	-3.03%	184.37%	42.64%	-4.20%	0.65%	-1,132.75%	343.80%	39.51%
Invested Capital Q/Q Growth	-2.74%	-0.33%	2.30%	-1.61%	-2.62%	-17.60%	1.04%	-0.97%	81.24%	2.19%	-2.95%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	71.61%	73.28%	71.74%	72.51%	72.96%	73.56%	71.45%	71.37%	70.30%	70.84%	69.68%
EBITDA Margin	27.70%	39.72%	26.54%	56.80%	29.36%	26.75%	32.95%	22.38%	27.76%	52.02%	9.25%
Operating Margin	16.67%	22.17%	16.25%	14.19%	15.69%	16.54%	14.94%	8.14%	5.14%	20.58%	17.18%
EBIT Margin	14.55%	27.31%	13.44%	43.34%	16.38%	12.06%	16.35%	6.43%	12.03%	38.78%	-5.03%
Profit (Net Income) Margin	7.40%	17.23%	6.65%	18.23%	6.79%	2.46%	5.68%	-3.27%	4.63%	28.81%	-13.72%
Tax Burden Percent	89.54%	81.88%	97.82%	50.89%	94.22%	82.41%	88.66%	97.57%	127.48%	83.58%	140.39%
Interest Burden Percent	56.82%	77.05%	50.59%	82.64%	44.03%	24.74%	39.17%	-52.01%	30.19%	88.88%	194.18%
Effective Tax Rate	10.46%	18.12%	2.18%	49.11%	5.78%	17.59%	11.34%	0.00%	-27.48%	16.42%	0.00%
Return on Invested Capital (ROIC)	8.33%	10.23%	8.37%	3.97%	8.21%	9.57%	7.38%	2.80%	2.77%	9.11%	6.80%
ROIC Less NNEP Spread (ROIC-NNEP)	6.53%	10.00%	6.59%	6.32%	6.43%	5.32%	5.28%	0.18%	2.30%	13.20%	-3.25%
Return on Net Nonoperating Assets (RNNOA)	8.24%	13.26%	10.65%	9.81%	10.12%	5.27%	6.92%	0.22%	2.89%	8.15%	-1.76%
Return on Equity (ROE)	16.58%	23.48%	19.02%	13.78%	18.33%	14.84%	14.29%	3.03%	5.66%	17.26%	5.04%
Cash Return on Invested Capital (CROIC)	9.08%	8.96%	26.63%	27.90%	28.60%	-31.90%	-54.16%	-52.26%	-51.10%	11.56%	0.76%
Operating Return on Assets (OROA)	5.04%	9.80%	4.98%	15.98%	5.71%	4.97%	6.21%	2.12%	3.40%	12.82%	-1.80%
Return on Assets (ROA)	2.56%	6.18%	2.46%	6.72%	2.37%	1.01%	2.16%	-1.07%	1.31%	9.52%	-4.92%
Return on Common Equity (ROCE)	16.57%	23.47%	19.01%	13.78%	18.32%	14.84%	14.29%	3.02%	5.66%	17.25%	5.04%
Return on Equity Simple (ROE_SIMPLE)	15.88%	15.63%	11.34%	0.00%	4.08%	3.17%	8.68%	0.00%	7.31%	7.73%	3.86%
Net Operating Profit after Tax (NOPAT)	187	242	202	98	214	209	189	85	82	154	102
NOPAT Margin	14.93%	18.15%	15.90%	7.22%	14.78%	13.63%	13.24%	5.69%	6.55%	17.20%	12.02%
Net Nonoperating Expense Percent (NNEP)	1.81%	0.22%	1.78%	-2.35%	1.78%	4.25%	2.09%	2.63%	0.47%	-4.09%	10.05%
Return On Investment Capital (ROIC_SIMPLE)	1.78%	2.28%	-	-	-	1.67%	-	-	-	-	-
Cost of Revenue to Revenue	28.39%	26.72%	28.26%	27.49%	27.04%	26.44%	28.55%	28.63%	29.71%	29.16%	30.32%
SG&A Expenses to Revenue	9.23%	7.45%	8.41%	9.30%	10.08%	11.29%	9.21%	9.18%	10.21%	8.65%	9.16%
R&D to Revenue	15.73%	13.54%	15.03%	15.07%	16.17%	13.87%	15.87%	16.77%	16.93%	12.22%	12.93%
Operating Expenses to Revenue	54.94%	51.12%	55.49%	58.32%	57.27%	57.02%	56.51%	63.24%	65.15%	50.26%	52.50%
Earnings before Interest and Taxes (EBIT)	183	364	171	590	237	185	233	96	150	348	-43
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	347	530	337	774	425	411	470	334	345	467	79
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.62	1.78	2.16	1.95	2.54	2.74	2.30	2.72	2.45	1.87	1.77
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.28	1.39	1.59	1.42	1.78	1.94	1.83	2.44	2.59	2.18	1.93
Price to Earnings (P/E)	10.18	11.40	19.05	17.62	62.29	86.73	26.54	72.77	33.46	24.15	45.82
Dividend Yield	4.10%	3.62%	3.04%	3.33%	2.58%	2.42%	2.87%	2.40%	2.55%	3.26%	3.60%
Earnings Yield	9.83%	8.78%	5.25%	5.67%	1.61%	1.15%	3.77%	1.37%	2.99%	4.14%	2.18%
Enterprise Value to Invested Capital (EV/IC)	1.28	1.35	1.50	1.43	1.87	1.91	1.44	1.59	1.51	1.55	1.46
Enterprise Value to Revenue (EV/Rev)	2.26	2.36	2.55	2.31	3.00	3.26	3.37	4.15	4.55	2.85	2.65
Enterprise Value to EBITDA (EV/EBITDA)	5.92	6.19	7.36	6.40	10.80	11.91	10.54	15.18	15.36	9.22	31.25
Enterprise Value to EBIT (EV/EBIT)	9.00	9.39	12.10	10.69	23.57	27.97	20.59	33.76	29.96	16.83	22.24
Enterprise Value to NOPAT (EV/NOPAT)	19.04	20.13	25.12	23.52	24.71	29.54	33.19	52.95	40.73	23.13	26.53
Enterprise Value to Operating Cash Flow (EV/OCF)	13.73	15.23	16.99	13.76	19.72	21.85	24.52	23.86	19.38	11.16	10.07
Enterprise Value to Free Cash Flow (EV/FCFF)	13.86	14.86	5.04	4.55	5.82	0.00	0.00	0.00	0.00	13.06	196.55
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.54	1.51	1.54	1.52	2.02	2.11	2.17	2.21	2.20	1.26	1.10
Long-Term Debt to Equity	1.54	1.50	1.54	1.51	2.01	2.10	2.13	2.13	2.08	1.26	1.09
Financial Leverage	1.26	1.33	1.62	1.55	1.57	0.99	1.31	1.26	1.25	0.62	0.54
Leverage Ratio	3.65	3.65	3.72	3.81	4.10	3.39	3.39	3.39	3.37	2.59	2.43
Compound Leverage Factor	2.07	2.81	1.88	3.15	1.80	0.84	1.33	-1.76	1.02	2.30	4.72
Debt to Total Capital	60.71%	60.14%	60.70%	60.35%	66.91%	67.89%	68.43%	68.83%	68.73%	55.80%	52.28%
Short-Term Debt to Total Capital	0.34%	0.34%	0.34%	0.34%	0.37%	0.37%	1.15%	2.49%	3.76%	0.11%	0.12%
Long-Term Debt to Total Capital	60.37%	59.80%	60.36%	60.01%	66.54%	67.52%	67.28%	66.35%	64.97%	55.69%	52.16%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.02%	0.02%	0.02%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Common Equity to Total Capital	39.28%	39.84%	39.29%	39.63%	33.08%	32.10%	31.56%	31.16%	31.26%	44.19%	47.70%
Debt to EBITDA	3.21	3.09	3.28	3.08	5.10	5.46	5.39	7.25	7.84	4.76	14.16
Net Debt to EBITDA	2.57	2.55	2.77	2.46	4.41	4.82	4.82	6.25	6.63	2.18	8.44
Long-Term Debt to EBITDA	3.19	3.07	3.27	3.06	5.07	5.43	5.29	6.99	7.41	4.75	14.13
Debt to NOPAT	10.32	10.05	11.21	11.30	11.66	13.56	16.96	25.29	20.79	11.95	12.02
Net Debt to NOPAT	8.25	8.28	9.46	9.03	10.09	11.96	15.17	21.79	17.59	5.47	7.17
Long-Term Debt to NOPAT	10.26	9.99	11.15	11.23	11.60	13.48	16.68	24.38	19.65	11.92	11.99
Altman Z-Score	1.02	1.15	1.17	1.20	1.18	1.17	0.91	0.89	0.81	1.55	1.34
Noncontrolling Interest Sharing Ratio	0.04%	0.04%	0.04%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.86	0.87	0.79	0.81	1.40	1.38	0.69	0.71	0.70	2.31	1.42
Quick Ratio	0.74	0.73	0.64	0.68	0.60	0.59	0.57	0.59	0.60	2.20	1.32
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	418	468	2,471	2,460	2,537	-3,007	-5,242	-5,030	-5,063	490	-201
Operating Cash Flow to CapEx	1,415.74%	843.23%	-197.90%	463.29%	1,052.90%	775.10%	125.53%	479.22%	1,078.27%	605.84%	363.28%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	19.12	0.00	0.00	0.00	-48.45	12.66	-4.98
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	2.90	0.00	0.00	0.00	3.22	5.04	3.27
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	2.62	0.00	0.00	0.00	2.92	4.21	2.37
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.35	0.36	0.37	0.37	0.35	0.41	0.38	0.33	0.28	0.33	0.36
Accounts Receivable Turnover	8.37	7.87	8.85	8.82	8.87	9.44	9.59	8.09	7.05	7.87	9.38
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	14.63	15.28	15.44	15.92	17.18	18.88	16.51	14.91	13.71	14.29	14.81
Accounts Payable Turnover	1.66	1.72	1.80	1.64	1.80	2.29	2.04	1.82	1.76	2.58	2.36
Days Sales Outstanding (DSO)	43.61	46.36	41.27	41.40	41.17	38.65	38.05	45.13	51.81	46.36	38.91
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	220.45	212.15	202.64	222.83	202.46	159.70	179.00	200.28	207.21	141.49	154.68
Cash Conversion Cycle (CCC)	-176.84	-165.79	-161.37	-181.43	-161.30	-121.06	-140.94	-155.15	-155.40	-95.13	-115.77
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	9,234	9,494	9,526	9,312	9,465	9,719	11,795	11,673	11,787	6,504	6,364
Invested Capital Turnover	0.56	0.56	0.53	0.55	0.56	0.70	0.56	0.49	0.42	0.53	0.57
Increase / (Decrease) in Invested Capital	-231	-225	-2,269	-2,362	-2,323	3,216	5,431	5,115	5,145	-336	304
Enterprise Value (EV)	11,774	12,794	14,316	13,311	17,700	18,568	17,023	18,595	17,748	10,074	9,309
Market Capitalization	6,669	7,530	8,925	8,197	10,472	11,049	9,241	10,943	10,083	7,691	6,793
Book Value per Share	$15.64	$15.91	$15.42	$15.39	$15.18	$14.84	$14.80	$14.85	$15.24	$15.25	$14.26
Tangible Book Value per Share	($20.71)	($20.62)	($21.35)	($21.17)	($22.14)	($23.38)	($31.32)	($32.22)	($32.72)	($7.45)	($8.72)
Total Capital	10,512	10,616	10,526	10,592	12,482	12,551	12,715	12,905	13,184	9,325	8,069
Total Debt	6,381	6,385	6,389	6,393	8,352	8,520	8,700	8,883	9,061	5,203	4,219
Total Long-Term Debt	6,345	6,349	6,353	6,357	8,306	8,475	8,555	8,562	8,565	5,193	4,209
Net Debt	5,103	5,262	5,389	5,112	7,226	7,517	7,781	7,651	7,664	2,382	2,514
Capital Expenditures (CapEx)	28	41	39	40	37	45	38	24	31	32	36
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-1,604	-1,402	-1,484	-1,768	125	168	-1,651	-1,855	-1,952	-847	-1,028
Debt-free Net Working Capital (DFNWC)	-326	-280	-484	-487	1,250	1,171	-731	-624	-555	1,974	677
Net Working Capital (NWC)	-362	-316	-519	-523	1,204	1,125	-877	-944	-1,051	1,964	667
Net Nonoperating Expense (NNE)	94	12	117	-150	116	171	108	134	24	-104	219
Net Nonoperating Obligations (NNO)	5,103	5,262	5,389	5,112	5,334	5,689	7,781	7,651	7,664	2,382	2,514
Total Depreciation and Amortization (D&A)	165	166	166	183	188	225	237	238	196	119	122
Debt-free, Cash-free Net Working Capital to Revenue	-30.72%	-25.91%	-26.43%	-30.64%	2.11%	2.94%	-32.64%	-41.36%	-50.10%	-23.95%	-29.25%
Debt-free Net Working Capital to Revenue	-6.24%	-5.18%	-8.62%	-8.45%	21.19%	20.55%	-14.45%	-13.90%	-14.25%	55.86%	19.25%
Net Working Capital to Revenue	-6.93%	-5.84%	-9.25%	-9.07%	20.42%	19.75%	-17.34%	-21.06%	-26.98%	55.58%	18.97%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.35	$0.87	$0.32	$0.91	$0.36	$0.14	$0.30	($0.18)	$0.21	$0.96	($0.43)
Adjusted Weighted Average Basic Shares Outstanding	262.84M	265.10M	267.40M	271.55M	272.27M	271.57M	271.18M	270.30M	270.44M	270.19M	269.80M
Adjusted Diluted Earnings per Share	$0.35	$0.87	$0.32	$0.91	$0.36	$0.14	$0.30	($0.18)	$0.21	$0.96	($0.43)
Adjusted Weighted Average Diluted Shares Outstanding	263.83M	265.19M	267.82M	272.59M	273.03M	272.14M	271.90M	270.45M	270.65M	270.19M	269.80M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	259.14M	264.00M	265.88M	268.19M	272.87M	272.04M	271.51M	271.19M	270.75M	270.46M	270.24M
Normalized Net Operating Profit after Tax (NOPAT)	191	255	248	123	232	254	201	134	97	163	112
Normalized NOPAT Margin	15.20%	19.08%	19.53%	9.01%	16.06%	16.54%	14.10%	8.99%	7.78%	18.16%	13.20%
Pre Tax Income Margin	8.27%	21.04%	6.80%	35.81%	7.21%	2.98%	6.40%	-3.35%	3.63%	34.46%	-9.77%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	1.79	0.00	0.00	0.00	1.43	8.99	-1.06
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	1.61	0.00	0.00	0.00	0.78	3.99	2.54
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	1.51	0.00	0.00	0.00	1.13	8.16	-1.96
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	1.34	0.00	0.00	0.00	0.48	3.15	1.64
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	41.50%	41.06%	57.48%	57.46%	157.87%	206.38%	75.15%	172.38%	84.09%	77.74%	163.38%
Augmented Payout Ratio	105.27%	86.97%	108.13%	89.70%	157.87%	206.38%	75.15%	172.38%	84.09%	77.74%	163.38%

Frequently Asked Questions About Open Text's Financials

When does Open Text's financial year end?

According to the most recent income statement we have on file, Open Text's fiscal year ends in June. Their fiscal year 2024 ended on June 30, 2024.

How has Open Text's net income changed over the last 9 years?

Open Text's net income appears to be on a downward trend, with a most recent value of $465.28 million in 2024, rising from $234.41 million in 2015. The previous period was $150.57 million in 2023. Check out Open Text's forecast to explore projected trends and price targets.

What is Open Text's operating income?

Open Text's total operating income in 2024 was $887.09 million, based on the following breakdown:

Total Gross Profit: $4.19 billion
Total Operating Expenses: $3.30 billion

How has Open Text revenue changed over the last 9 years?

Over the last 9 years, Open Text's total revenue changed from $1.85 billion in 2015 to $5.77 billion in 2024, a change of 211.5%.

How much debt does Open Text have?

Open Text's total liabilities were at $10.01 billion at the end of 2024, a 23.4% decrease from 2023, and a 296.5% increase since 2015.

How much cash does Open Text have?

In the past 9 years, Open Text's cash and equivalents has ranged from $443.36 million in 2017 to $1.69 billion in 2022, and is currently $1.28 billion as of their latest financial filing in 2024.

How has Open Text's book value per share changed over the last 9 years?

Over the last 9 years, Open Text's book value per share changed from 14.97 in 2015 to 15.39 in 2024, a change of 2.8%.

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This page (NASDAQ:OTEX) was last updated on 5/23/2025 by MarketBeat.com Staff

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Open Text (OTEX) Financials

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Open Text (OTEX) Financials

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