PTC (PTC) FY2024 results: revenue $2.3 billion, up 9.6% on the year
PTC Inc. (PTC) reported revenue of $2.3 billion for fiscal 2024, the year ended 30 September 2024, up 9.6% on the year before. Net income was $376 million, up 53.3%, and diluted earnings per share $3.12. The figures are the company's own, from the 10-K it filed with the SEC on 14 November 2024.
Revenue
$2.3 billion
+9.6% on the year
FY2017FY2024
Operating margin
25.6%
21.9% a year earlier
FY2017FY2024
Net income
$376 million
+53.3% on the year
FY2017FY2024
Diluted EPS
$3.12
+51.5% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
750
611
435
+22.8%
Capital expenditure
14.4
23.8
19.5
-39.6%
Free cash flow
736
587
416
+25.3%
Free cash flow margin
32.0%
28.0%
21.5%
Cash from investing
-125
-866
-201
Cash from financing
-651
268
-264
Depreciation and amortisation
108
105
87.7
+3.2%
Share-based compensation
223
206
175
+8.2%
Buybacks
0.0
0.0
125
Diluted shares, weighted
121m
119m
118m
+1.2%
Shares outstanding at period end
120m
119m
117m
+1.1%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
3,214
2,677
2,296
+20.1%
Debt
1,749
1,696
1,351
+3.1%
Operating lease liabilities
158
168
168
-6.5%
Other liabilities
1,263
1,747
873
-27.7%
Total liabilities and equity
6,384
6,289
4,687
+1.5%
Fixed assets
75.2
88.4
98.1
-14.9%
Goodwill
3,462
3,359
2,354
+3.1%
Intangible assets
897
941
383
-4.7%
Securities held for sale or to maturity
n/a
2.0
2.0
Cash and equivalents
266
288
272
-7.7%
Receivables
862
811
637
+6.2%
Other assets
821
799
942
+2.8%
Total assets
6,384
6,289
4,687
+1.5%
10-K for the year ended 30 September 2024, filed 14 November 2024: the filing.