Autodesk (ADSK)
Information Technology · $45.5B market cap · SEC CIK 0000769397
fundamentals score out of 100
Next reports on Nov 23, 2026, with analysts expecting $3.13 in earnings per share.
The case for ADSK
- Earns 53% back on shareholder equity.
- Generated $2.4B of free cash flow in FY2025, 33% of revenue.
- 21% of revenue drops through to net profit.
- Revenue growing 17.9% year over year.
- Earnings per share up 59.9%.
- A PEG of 0.46: a P/E of 27.7× is low for EPS growing 60%.
The case against
- Down 32.2% over the past year.
- Current liabilities exceed current assets (ratio 0.86).
What the score is made of
Each factor is half a curve over reported figures and half a rank among the other Information Technology companies (momentum is judged against fixed thresholds only), and the five are blended by weight. It describes the last filing and the current price. It is not a forecast.
| Valuewhat you pay for the earnings, sales, assets and cash | 54 |
|---|---|
| Growthhow fast revenue and earnings are moving, this year and over five | 76 |
| Profitabilityhow much of the revenue becomes profit, and how much of that is cash | 81 |
| Momentumhow the price has behaved lately | 38 |
| Stabilityhow violently it moves, what it owes and what it pays you | 69 |
- Each factor except momentum is half fixed thresholds, half rank among the 73 Information Technology companies.
Key numbers
| Price / earnings | 27.7× |
|---|---|
| Price / book | 14.61× |
| Price / sales | 5.8× |
| Revenue growth (YoY) | +17.9% |
| EPS growth (YoY) | +59.9% |
| Gross margin | 91% |
| Operating margin | 26% |
| Net margin | 21% |
| Return on equity | 53% |
| Debt / equity | 1.03× |
| Current ratio | 0.86 |
| Dividend yield | none |
| Beta | 1.29 |
| 52-week range | $185.50 – $326.54 |
| Position in that range | 24% of the way up |
| 3-month return | +12.9% |
| 1-year return | -32.2% |
Five years of financials, as filed
Pulled from Autodesk's XBRL filings on SEC EDGAR. Italic rows are derived from the rows above.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $7.2B | $6.1B | $5.5B | $5.0B | $4.4B |
| Gross profit | $6.6B | $5.6B | $5.0B | $4.5B | $4.0B |
| Operating income | $1.6B | $1.4B | $1.1B | $989M | $618M |
| Net income | $1.1B | $1.1B | $906M | $823M | $497M |
| Operating cash flow | $2.5B | $1.6B | $1.3B | $2.1B | $1.5B |
| Capital expenditure | $43.0M | $40.0M | $31.0M | $40.0M | $56.0M |
| Total assets | $12.5B | $10.8B | $9.9B | $9.4B | $8.6B |
| Shareholder equity | $3.0B | $2.6B | $1.9B | $1.1B | $849M |
| Cash | $2.2B | $1.6B | $1.9B | $1.9B | $1.5B |
| Long-term debt | $2.5B | $2.3B | $2.3B | $2.3B | $2.6B |
| Free cash flow | $2.4B | $1.6B | $1.3B | $2.0B | $1.5B |
| Gross margin | 91.0% | 90.6% | 90.7% | 90.4% | 90.5% |
| Operating margin | 21.9% | 22.1% | 20.5% | 19.8% | 14.1% |
| Net margin | 15.6% | 18.1% | 16.5% | 16.4% | 11.3% |
| Diluted shares | 215M | 217M | 216M | 218M | 222M |
Share count is down 3.2% over 4 years. Buybacks have been shrinking the pie.
What Autodesk says it does
Note: A glossary of terms used in this Form 10-K appears at the end of this Item 1. GENERAL We are a global leader in 3D design, engineering and entertainment technology solutions, spanning architecture, engineering, construction, product design, manufacturing, media, and entertainment. Our customers design, fabricate, manufacture, and build anything by visualizing, simulating, and analyzing real-world performance early in the design process. These capabilities allow our customers to foster innovation, optimize their designs, streamline their manufacturing and construction processes, save time and money, improve quality, deliver more sustainable outcomes, communicate plans, and collaborate with others. Our professional software products are sold globally through a combination of indirect and direct channels. Corporate Information Our internet address is www.autodesk.com. The information posted on our website is not incorporated into…
Risk factors ADSK lists in its 10-K
- Risks Relating to Our Business and Strategy
- Existing and increased competition and rapidly evolving technological changes may reduce our revenue and profits
- Global economic and political conditions may further impact our industries, business, and financial results
- Our business could be adversely impacted by the costs and challenges associated with strategic acquisitions and investments
- We may not be able to predict subscription renewal rates and their impact on our future revenue and operating results
- Our financial results, key metrics, and other operating metrics fluctuate within each quarter and from quarter to quarter, making our future revenue and financial results difficult to predict
- From time to time we realign or introduce new business and sales initiatives; if we fail to successfully execute and manage these initiatives, our results of operations could be negatively impacted
- We may not successfully execute or achieve the expected benefits of our restructuring plan and other measures we may take in the future, and our efforts may adversely affect our business
- Net revenue, billings, earnings, cash flow, or subscriptions shortfalls or volatility of the market generally may cause the market price of our stock to decline
- As a result of our strategy of partnering with other companies for product development, our product delivery schedules could be adversely affected if we experience difficulties with our product development partners
- We incorporate AI into our offerings, and challenges with properly managing its use could result in competitive harm, reputational harm, or liability, and adversely affect our results of operations
- The Audit Committee internal investigation has been time-consuming and expensive, has resulted in the filing of lawsuits, and may result in additional expense and/or litigation
- subject us to possible litigation and greater security risks
- Delays in service from third-party service providers could expose us to liability, harm our reputation, damage our competitiveness, and adversely impact our financial results