Explain this page
Arphra AIPlain-English read on Autodesk, Inc.’s valuationRatios & metrics
Profitability, returns on capital, growth, and credit — all derived from the historical income statement, balance sheet, and cash flow rows in our data warehouse.
Valuation multiples
Price- and EV-based multiples plus shareholder yields. Snapshot at each fiscal year-end from key_metrics (FMP).
ActualEstimate
| In USD | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | 2027E | 2028E | 2029E | 2030E |
|---|---|---|---|---|---|---|---|---|---|
| Headline | |||||||||
| Market cap | — | — | — | — | — | — | — | — | — |
| Enterprise value | — | — | — | — | — | — | — | — | — |
| Multiples | |||||||||
| P / E | — | — | — | — | — | — | — | — | — |
| P / B | — | — | — | — | — | — | — | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — | — |
| EV / Sales | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — | — |
| Yields | |||||||||
| Earnings yield | — | — | — | — | — | — | — | — | — |
| Free cash flow yield | — | — | — | — | — | — | — | — | — |
| Dividend yield | — | — | — | — | — | — | — | — | — |
Profitability
Margin structure across the last 5 fiscal years
ActualEstimate
| In USD | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | 2027E | 2028E | 2029E | 2030E |
|---|---|---|---|---|---|---|---|---|---|
| Margins | |||||||||
| Gross margin | +89.59% | +89.54% | +89.83% | +90.57% | +90.24% | +88.30% | +90.49% | +89.22% | +91.50% |
| Operating margin | +15.02% | +20.06% | +20.46% | +22.08% | +24.90% | +22.51% | +22.39% | +23.06% | +22.21% |
| EBITDA margin | +17.94% | +23.56% | +23.40% | +25.27% | +24.95% | +24.19% | +23.97% | +24.01% | +24.17% |
| EBIT margin | +14.57% | +20.57% | +20.88% | +22.33% | +22.25% | +22.28% | +22.07% | +21.70% | +21.39% |
| Pre-tax margin | +12.84% | +19.13% | +20.88% | +22.57% | +22.25% | +21.42% | +22.02% | +21.83% | +22.40% |
| Net margin | +11.30% | +16.64% | +16.65% | +18.14% | +15.60% | +16.46% | +16.38% | +16.63% | +16.46% |
| Cost structure | |||||||||
| Cost of revenue / sales | +10.41% | +10.46% | +10.17% | +9.43% | +9.76% | +10.00% | +9.82% | +9.77% | +9.62% |
| R&D intensity | +25.32% | +24.55% | +25.22% | +24.22% | +22.80% | +24.04% | +24.57% | +24.69% | +24.45% |
| SG&A intensity | +49.24% | +44.93% | +44.15% | +43.22% | +42.55% | +43.86% | +44.17% | +43.98% | +44.23% |
| Effective tax rate | +11.99% | +13.00% | +20.25% | +19.65% | +29.88% | +23.63% | +22.90% | +23.15% | +23.40% |
Returns on capital
ROE / ROA / ROC / ROIC over the relevant capital base, plus the 3-step DuPont decomposition of ROE.
ActualEstimate
| In USD | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | 2027E | 2028E | 2029E | 2030E |
|---|---|---|---|---|---|---|---|---|---|
| Returns | |||||||||
| Return on equity (ROE) | +58.53% | +71.88% | +48.84% | +42.43% | +36.91% | +42.19% | +40.25% | +42.92% | +42.62% |
| Return on assets (ROA) | +5.77% | +8.72% | +9.14% | +10.26% | +9.02% | +9.47% | +9.34% | +9.13% | +9.28% |
| Return on capital (ROC) | +16.90% | +26.03% | +24.84% | +26.14% | +31.04% | +27.18% | +26.83% | +27.95% | +27.68% |
| Return on invested capital (ROIC) | +12.71% | +21.60% | +20.22% | +21.47% | +19.45% | +19.88% | +19.62% | +20.16% | +20.52% |
| Asset turnover | +51.10% | +52.39% | +54.88% | +56.60% | +57.80% | +57.55% | +57.00% | +54.86% | +56.38% |
| DuPont · ROE decomposition | |||||||||
| Net margin | +11.30% | +16.64% | +16.65% | +18.14% | +15.60% | +16.46% | +16.38% | +16.63% | +16.46% |
| Asset turnover (× revenue / assets) | +51.10% | +52.39% | +54.88% | +56.60% | +57.80% | +57.55% | +57.00% | +54.86% | +56.38% |
| Equity multiplier (× assets / equity) | +1013.64% | +824.28% | +534.34% | +413.32% | +409.43% | +445.35% | +431.16% | +470.28% | +459.21% |
Activity & efficiency
Turnover ratios and days-outstanding — how efficiently the business converts assets and working capital into sales and cash.
ActualEstimate
| In USD | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | 2027E | 2028E | 2029E | 2030E |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Asset turnover | 0.51 | 0.52 | 0.55 | 0.57 | 0.58 | 0.58 | 0.57 | 0.55 | 0.56 |
| Fixed-asset turnover | 9.42 | 12.71 | 15.77 | 21.44 | 45.90 | — | — | — | — |
| Inventory turnover | — | — | — | — | — | — | — | — | — |
| Receivables turnover | 6.14 | 5.15 | 6.21 | 6.08 | 5.01 | — | — | — | — |
| Payables turnover | 3.79 | 5.07 | 5.53 | 2.39 | 1.67 | — | — | — | — |
| Days outstanding | |||||||||
| Days sales outstanding (DSO) | 59.42 | 70.93 | 58.78 | 60.01 | 72.89 | — | — | — | — |
| Days inventory outstanding (DIO) | — | — | — | — | — | — | — | — | — |
| Days payables outstanding (DPO) | 96.43 | 72.01 | 66.00 | 152.82 | 219.10 | — | — | — | — |
| Cash conversion cycle | -37.01 | -1.08 | -7.23 | -92.81 | -146.22 | — | — | — | — |
Cash flow quality
How well reported earnings translate into operating and free cash flow, plus reinvestment intensity.
ActualEstimate
| In USD | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | 2027E | 2028E | 2029E | 2030E |
|---|---|---|---|---|---|---|---|---|---|
| Operating CF / Net income | 3.08 | 2.52 | 1.45 | 1.45 | 2.18 | 1.73 | 1.72 | 1.70 | 1.70 |
| FCF / Net income | 2.95 | 2.46 | 1.42 | 1.35 | 2.14 | 1.70 | 1.63 | 1.65 | 1.63 |
| FCF margin | +33.30% | +40.95% | +23.57% | +24.55% | +33.43% | +27.97% | +26.72% | +27.46% | +26.84% |
| OCF margin | +34.82% | +41.88% | +24.14% | +26.21% | +34.03% | +28.43% | +28.25% | +28.28% | +28.03% |
| CapEx / Revenue | +1.51% | +0.93% | +0.57% | +1.66% | +0.60% | +0.93% | +0.95% | +0.94% | +0.95% |
| CapEx / D&A | 0.45 | 0.31 | 0.22 | 0.57 | 0.22 | — | — | — | — |
| Stock-based comp / Revenue | +12.62% | +13.29% | +12.92% | +11.14% | +10.94% | — | — | — | — |
Per-share & shareholder yield
EPS, book value, sales, cash flow and dividends per share — plus payout / retention.
ActualEstimate
| In USD | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | 2027E | 2028E | 2029E | 2030E |
|---|---|---|---|---|---|---|---|---|---|
| EPS · diluted | 2.24 | 3.78 | 4.19 | 5.12 | 5.23 | 12.56 | 14.18 | 16.19 | 17.89 |
| EPS · basic | 2.26 | 3.81 | 4.19 | 5.17 | 5.28 | 12.63 | 14.22 | 16.33 | 18.08 |
| Book value / share | 3.82 | 5.25 | 8.59 | 12.08 | 14.16 | 14.75 | 17.29 | 17.83 | 19.76 |
| Tangible BV / share | -14.63 | -13.24 | -10.20 | -10.12 | -7.99 | 14.75 | 17.29 | 17.83 | 19.76 |
| Sales / share | 19.81 | 22.68 | 25.19 | 28.25 | 33.52 | 37.80 | 42.49 | 46.00 | 51.17 |
| Operating CF / share | 6.90 | 9.50 | 6.08 | 7.41 | 11.40 | 10.75 | 12.00 | 13.01 | 14.34 |
| Free cash flow / share | 6.60 | 9.29 | 5.94 | 6.94 | 11.20 | 10.57 | 11.35 | 12.63 | 13.73 |
| Dividends / share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Payout ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Retention ratio | +100.00% | +100.00% | +100.00% | +100.00% | +100.00% | +100.00% | +100.00% | +100.00% | +100.00% |
Growth
Year-over-year change for headline P&L lines, plus through-cycle CAGR
ActualEstimate
| In USD | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | 2027E | 2028E | 2029E | 2030E | 8y CAGR |
|---|---|---|---|---|---|---|---|---|---|---|
| Top-line | ||||||||||
| Revenue · YoY | — | +12.43% | +10.01% | +12.70% | +17.53% | +13.67% | +10.43% | +10.37% | +10.54% | +12.19% |
| Gross profit · YoY | — | +12.38% | +10.37% | +13.63% | +17.11% | +11.21% | +13.17% | +8.82% | +13.37% | +12.48% |
| Profit | ||||||||||
| Operating income · YoY | — | +50.12% | +12.20% | +21.65% | +32.50% | +2.79% | +9.83% | +13.64% | +6.48% | +17.80% |
| EBITDA · YoY | — | +47.66% | +9.27% | +21.68% | +16.07% | +10.19% | +9.43% | +10.53% | +11.31% | +16.45% |
| Net income · YoY | — | +65.59% | +10.09% | +22.74% | +1.08% | +19.97% | +9.85% | +12.10% | +9.40% | +17.59% |
| Operating | ||||||||||
| EBIT · YoY | — | +58.68% | +11.70% | +20.51% | +17.09% | +13.84% | +9.40% | +8.53% | +8.94% | +17.70% |
| R&D · YoY | — | +9.02% | +13.01% | +8.24% | +10.64% | +19.84% | +12.88% | +10.90% | +9.44% | +11.69% |
| Per-share | ||||||||||
| EPS · diluted · YoY | — | +68.75% | +10.85% | +22.20% | +2.15% | +140.15% | +12.88% | +14.22% | +10.48% | +29.66% |
| EPS · basic · YoY | — | +68.58% | +9.97% | +23.39% | +2.13% | +139.17% | +12.61% | +14.81% | +10.76% | +29.69% |
Credit & leverage
Balance-sheet health + interest coverage + liquidity. Coverage ratios use period-end debt and trailing interest expense.
ActualEstimate
| In USD | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | 2027E | 2028E | 2029E | 2030E |
|---|---|---|---|---|---|---|---|---|---|
| Leverage | |||||||||
| Total debt | $3.06B | $2.67B | $2.63B | $2.56B | $2.73B | $3.59B | $3.87B | $4.37B | $4.59B |
| Net debt | $1.53B | $719M | $734M | $960M | $485M | $999.98M | $1.16B | $1.25B | $1.29B |
| Net debt / EBITDA | 1.94 | 0.62 | 0.58 | 0.62 | 0.27 | 0.50 | 0.54 | 0.52 | 0.48 |
| Debt / equity | 3.60 | 2.33 | 1.42 | 0.98 | 0.90 | 1.12 | 1.05 | 1.13 | 1.08 |
| Debt / assets | +35.55% | +28.25% | +26.49% | +23.62% | +21.93% | +25.21% | +24.38% | +24.00% | +23.47% |
| Equity / assets | +9.87% | +12.13% | +18.71% | +24.19% | +24.42% | +22.45% | +23.19% | +21.26% | +21.78% |
| Coverage | |||||||||
| EBITDA / interest expense | 10.35 | 16.41 | — | — | — | — | — | — | — |
| Operating income / interest | 8.67 | 13.97 | — | — | — | — | — | — | — |
| Interest expense | $76.2M | $71M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Liquidity | |||||||||
| Current ratio | 0.69 | 0.84 | 0.82 | 0.68 | 0.85 | — | — | — | — |
| Quick ratio | 0.62 | 0.76 | 0.72 | 0.56 | 0.69 | — | — | — | — |
| Cash ratio | 0.38 | 0.49 | 0.43 | 0.31 | 0.39 | — | — | — | — |
| Working capital | -$1.25B | -$659M | -$772M | -$1.67B | -$866M | — | — | — | — |
| Working capital / revenue | -28.31% | -13.33% | -14.19% | -27.22% | -12.02% | — | — | — | — |
Methodology. ROE / ROA / ROC use period-end balance-sheet denominators (no average-of- period smoothing). ROIC = Operating Income × (1 − inferred effective tax rate) over invested capital, with the effective tax inferred from net-to-operating income when both are positive and a 25% default otherwise. Net debt / EBITDA, debt ratios, and interest-coverage ratios are calculated point-in-time at each fiscal year-end. TTM = trailing 4 quarters (income / cash flow summed, balance sheet = most-recent quarterly snapshot). Through-cycle CAGR in the Growth panel uses the geometric mean of first-to-last period growth across the window (positive values only).