DTNYSEServices-Prepackaged SoftwareFiscal year ends March 31
Dynatrace, Inc.
Financials through Q1 FY2027, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$61.54+0.43 (+0.70%)
Close on Oct 19, 2026
- Market cap
- $18.08B
- P/E (TTM)
- 123.1
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2017 to 2026
Gross margin
81.6%−0.3 pts over 5 years
Operating margin
12.2%−0.9 pts over 5 years
Net margin
8.1%−2.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +18.8% | +20.3% | +23.5% | – | |
| Gross profit | +19.4% | +20.7% | +23.4% | – | |
| Operating income | +36.8% | +38.3% | +21.7% | – | |
| Net income | -66.4% | +14.6% | +16.5% | – | |
| EPS, diluted | -66.0% | +13.4% | +15.7% | – | |
| Free cash flow | +22.2% | +16.7% | +20.7% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | – | 7.3% | 6.2% | |
| Return on assets | – | 3.5% | 3.8% | |
| Current ratio | – | 1.05 | 1.35 | |
| Debt to equity | – | 0.35 | – | |
| Net debt to EBITDA | – | 0.66× | – | |
| Interest coverage | – | – | 306.7× | |
| Capex to revenue | – | 2.0% | 1.6% | |
| Diluted shares | – | 287M | 304M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Dynatrace generated $2.01B from operations and spent $775.37M on capital expenditure, dividends and share buybacks. 16% of that went back into the business.
Generated
$2.01B
Used
$775.37M
Capital expenditure$123.97M16%Dividends$00%Share buybacks$651.39M84%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin8.1%
×Asset turnover0.47×
×Equity multiplier1.64×
=Return on equity, FY20266.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 8.1% | 0.47× | 1.64× | 6.2% |
| FY2025 | 28.5% | 0.45× | 1.63× | 20.9% |
| FY2024 | 10.8% | 0.46× | 1.71× | 8.5% |
| FY2023 | 9.3% | 0.44× | 1.82× | 7.4% |
| FY2022 | 5.6% | 0.39× | 1.98× | 4.3% |
| FY2021 | 10.8% | 0.33× | 2.07× | 7.3% |
| FY2020 | -75.8% | 0.28× | 6.70× | -143.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
4of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero$162.67M
- Cash generatingOperating cash flow above zero$561.85M
- Return on assets improvedROA up on the prior year14.2% → 3.9%
- Earnings backed by cashOperating cash flow above net income$561.85M vs $162.67M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.40 → 1.35
- No dilutionShare count did not rise304M → 304M
- Gross margin improvedGross margin up on the prior year81.15% → 81.56%
- More efficientAsset turnover rose0.50 → 0.49