CLVTNYSEServices-Computer Processing & Data PreparationFiscal year ends December 31
CLARIVATE PLC
Financials through Q1 FY2026, quarter ended Mar 31, 2026Last filing: 10-Q on Jul 29, 2026
$1.76−0.01 (-0.56%)
Close on Oct 19, 2026
- Market cap
- $1.13B
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2016 to 2025
Gross margin
66.0%+1.0 pts over 5 years
Operating margin
2.9%+5.8 pts over 5 years
Net margin
-8.2%+19.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -4.0% | -2.6% | +14.4% | – | |
| Gross profit | -3.9% | -1.7% | +14.7% | – | |
| Free cash flow | +2.2% | +6.0% | +18.6% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | -6.8% | -4.0% | |
| Return on assets | – | -3.8% | -1.8% | |
| Current ratio | – | 0.81 | 0.84 | |
| Debt to equity | – | 0.39 | 0.91 | |
| Net debt to EBITDA | – | 12.04× | 4.94× | |
| Interest coverage | – | -0.3× | – | |
| Capex to revenue | – | 8.6% | 10.7% | |
| Diluted shares | – | 427M | 673M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Clarivate generated $2.85B from operations and spent $2.18B on capital expenditure, dividends and share buybacks. 51% of that went back into the business.
Generated
$2.85B
Used
$2.18B
Capital expenditure$1.12B51%Dividends$207.50M10%Share buybacks$858.90M39%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-8.2%
×Asset turnover0.22×
×Equity multiplier2.26×
=Return on equity, FY2025-4.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -8.2% | 0.22× | 2.26× | -4.0% |
| FY2024 | -24.9% | 0.21× | 2.17× | -11.4% |
| FY2023 | -34.7% | 0.20× | 2.08× | -14.2% |
| FY2022 | -148.9% | 0.16× | 1.82× | -42.3% |
| FY2021 | -14.4% | 0.11× | 1.67× | -2.6% |
| FY2020 | -28.0% | 0.13× | 1.81× | -6.8% |
| FY2019 | -26.5% | 0.26× | 3.26× | -22.5% |
| FY2018 | -25.0% | 0.25× | 3.30× | -20.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$201.10M
- Cash generatingOperating cash flow above zero$628.50M
- Return on assets improvedROA up on the prior year-5.0% → -1.8%
- Earnings backed by cashOperating cash flow above net income$628.50M vs -$201.10M
- Less leverageLong-term debt to assets fell39.3% → 39.0%
- Better liquidityCurrent ratio rose0.87 → 0.84
- No dilutionShare count did not rise694M → 673M
- Gross margin improvedGross margin up on the prior year66.00% → 66.05%
- More efficientAsset turnover rose0.20 → 0.21