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US software company making design and engineering tools (AutoCAD, Revit) for architecture, construction and manufacturing.
US software company making design and engineering tools (AutoCAD, Revit) for architecture, construction and manufacturing.
Sells subscriptions, annual or multi-year, after moving off perpetual licences around 2017, so renewals drive revenue. A later shift to selling directly, instead of through resellers who bought and resold, changed how its revenue is booked. AutoCAD is the oldest franchise; construction software is newer.
Moat: wide (switching costs, installed base, brand). Decades of file-format standardization and workflow lock-in make switching CAD platforms highly disruptive.
Headquarters: San Francisco, California, US · Founded: 1982 · Employees: 14,300
Size Autodesk (ADSK) is a United States Information Technology company (Packaged Software) with a market value of $54.7B, the 235th largest of 3,117 United States companies the cockpit tracks. Shares closed at $261.72 on 6 Nov 2026.
Performance Over six months the shares gained 7.0%, against +0.2% for the median peer and -1.1% for the United States market (cap-weighted) — 9th highest of 20 in its peer set.
Growth Revenue grew 18.7% over the last twelve months (peer median +20.5%); the operating margin is 23.4% (peer median 12.3%).
Valuation It trades at 20.1× forward earnings against a peer median of 24.0× (9th cheapest of 19).
Price implies For today's price to make sense, revenue must grow about 18% a year for seven years (Req g). Recent delivered growth is +14%, so the hurdle is +4 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 38.4 points above its cost of capital (10.9% WACC).
Backlog Backlog (remaining performance obligations) was $7.43B at 31 Jul 2026 — 1.0 years of trailing revenue. Backlog detail →
Credit Autodesk has 6 bonds outstanding ($3.50B), rated BBB+ by the agencies and trading like BBB at a weighted spread of 90 bp.
Short interest Short interest is 4.3% of the free float (15 Oct 2026).
Next results Next results expected around 24 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $7.81B | $7.20B | $6.11B | $5.44B | $4.95B |
| Revenue growth | — | +18% | +12% | +10% | — |
| Gross profit | $6.71B | $6.50B | $5.49B | $4.89B | $4.43B |
| EBITDA | $2.04B | $2.04B | $1.63B | $1.25B | $1.14B |
| Net income | $1.64B | $1.12B | $1.11B | $906M | $823M |
| Free cash flow | $2.84B | $2.41B | $1.57B | $1.28B | $2.03B |
| Capital expenditure | $92.0M | $76.0M | $102M | $61.0M | $46.0M |
| Total debt | $3.71B | $2.73B | $2.56B | $2.63B | $2.67B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Autodesk ADSK | $54.7B | +7% | +19% | 23% | 20.1× | 18.1% |
| Bentley Systems BSY | $13.5B | +36% | +13% | 24% | 31.4× | 22.8% |
| Dassault Systemes DSY.PA | $39.0B | +32% | 0% | 26% | 19.2× | 8.3% |
| PTC PTC | $21.2B | +33% | +20% | 40% | 21.8× | 10.3% |
| Trimble TRMB | $12.6B | -11% | +7% | 18% | 13.6× | 15.3% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ADSK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +12.0% | -6.7% | 7th highest of 21 |
| 6-month return | +7.0% | +0.2% | 9th highest of 20 |
| Distance from 52-week high | -18.2% | -31.4% | 6th highest of 21 |
| Revenue growth (TTM) | +18.7% | +20.5% | 10th lowest of 21 |
| Operating margin | 23.4% | 12.3% | 8th highest of 21 |
| Forward P/E | 20.1× | 24.0× | 9th cheapest of 19 |
| Growth the price implies (Req g, 7 yrs) | 18.1% | 29.5% | 8th least demanding of 18 |
| Growth delivered (Del g) | +13.7% | +23.5% | 5th lowest of 18 |
| Hurdle (Req g minus delivered) | +4.4 pp | +1.3 pp | 8th most demanding of 18 |
| ROIC minus cost of capital | +38.4 pp | -1.7 pp | 2nd highest of 21 |
| EV / EBITDA | 26.6× | 24.1× | 8th cheapest of 15 |
| Net debt / EBITDA | -0.2× | 0.4× | 7th least indebted of 19 |
| Bond spread | 90 bp | 89 bp | 7th tightest of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Autodesk ADSK | United States | $54.7B | +7% | +19% | 23% | 20.1× | 18.1% | +13.7% |
| Constellation Software CSU.TO | Canada | $53.3B | +37% | +17% | 16% | 19.7× | 11.2% | +25.0% |
| Roper Technologies ROP | United States | $47.2B | +39% | +9% | 28% | 19.7× | 12.7% | +10.2% |
| Datadog DDOG | United States | $64.3B | -11% | +33% | 2% | 61.0× | n/a | n/a |
| Dassault Systemes DSY.PA | France | $39.0B | +32% | 0% | 26% | 19.2× | 8.3% | +7.0% |
| Atlassian TEAM | United States | $38.7B | +5% | +26% | 4% | 28.7× | 44.7% | +25.8% |
| Prosus PRX.AS | Netherlands | $83.9B | -3% | +45% | 3% | 10.1× | 55.8% | +13.8% |
| NBIS NBIS | United States | $35.2B | -8% | +461% | -49% | n/a | n/a | n/a |
| Synopsys SNPS | United States | $86.3B | -13% | +46% | 12% | 25.6× | 39.2% | +13.9% |
| Cadence Design Systems CDNS | United States | $87.8B | -12% | +18% | 30% | 34.0× | 29.9% | +14.6% |
| Intuit INTU | United States | $91.3B | -14% | +14% | 29% | 14.8× | 3.1% | +17.4% |
| Zscaler ZS | United States | $32.2B | +30% | +25% | -4% | 40.5× | 20.7% | +37.9% |
| Adobe ADBE | United States | $93.1B | -5% | +12% | 36% | 8.9× | 0.9% | +13.1% |
| Twilio TWLO | United States | $31.3B | 0% | +19% | 8% | 30.7× | 38.2% | +23.5% |
| SNOW SNOW | United States | $97.3B | +81% | +32% | -22% | 108.4× | 41.3% | +51.2% |
| Okta OKTA | United States | $29.5B | +101% | +11% | 8% | 41.3× | 39.2% | +28.4% |
| ServiceNow NOW | United States | $106B | +12% | +22% | 13% | 22.4× | 29.5% | +24.1% |
| Bending Spoons BSP | United States | $27.9B | n/a | +95% | 21% | 25.6× | 45.5% | +94.7% |
| Amadeus IT AMS.MC | Spain | $27.4B | +18% | +4% | 27% | 17.8× | 4.3% | +24.6% |
| Z.AI Co., Ltd. -H- Reg S 2513.HK | Hong Kong | $26.5B | -56% | +132% | -272% | n/a | n/a | n/a |
| Zoom Communications ZM | United States | $26.2B | -18% | +5% | 24% | 14.7× | 5.8% | +12.9% |
Autodesk has 6 bonds outstanding with $3.50B face value. The agencies rate it BBB+; its bonds trade like BBB. Weighted yield 5.53%, a spread of 90 bp over government bonds.
Autodesk reported $7.43B of remaining performance obligations at 31 Jul 2026 and down 5% from the previous quarter. That is 1.0 years of trailing revenue already under contract. Book-to-bill last quarter: 0.81.