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Dynatrace, Inc.

Rank #136Op. LeverageWatchlistCompare with other stocks

DT · NYSE · Technology

Dynatrace, Inc. (DT) — Rank #136 by gross profitability (GP/assets 0.40) · ROE 6.6% · Piotroski F-Score N/A.

As-of 2026-10-30 · CIK 0001773383 · all metrics point-in-time as of the filing date.

About

Dynatrace, Inc. engages in the advancement of observability for digital businesses, which transforms the complexity of modern digital ecosystems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

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The company operates Dynatrace, an AI-powered observability platform, which provides solutions, including infrastructure, application, threat, and AI observability; digital experience; log analytics; application security; software delivery; and business analytics. It also offers implementation, consulting, and training services. The company markets its products through a combination of global direct sales team and a network of partners, including global system integrators (GSIs), cloud providers, resellers and technology alliance partners. It serves customers in various industries, including banking, financial services, government, insurance, retail and wholesale, transportation, and software. Dynatrace, Inc.

was founded in 2005 and is headquartered in Boston, Massachusetts.

Industry
Software - Application
Sector
Technology
State
DE
Filer Category
Large accelerated filer
Fiscal Year End
March 31

Company Snapshot

P/E and reverse DCF are the primary valuation lenses at this stage.

Market Cap

—

P/E (annual)

—

P/S (annual)

—

P/B

—

P/OCF (annual)

—

Shareholder Yield

—

Employees

5,600

Industry

Software - Application

Exchange

NYSE

11/11

Flags passed

DT passes 11/11 quality flags

  • PASS
    Gross margin holding
  • PASS
    Dilution within 2%
  • PASS
    FCF not negative from investment
  • PASS
    Disclosure consistent
  • PASS
    Revenue not declining
  • PASS
    Operating margin holding
  • PASS
    Free cash flow intact
  • PASS
    Passes safety gate
  • PASS
    No competitive retreat
  • PASS
    SBC not compressing margin
  • PASS
    No valuation convergence

Strengths Revenue growth accelerating · Operating leverage expanding · Deferred revenue growing · RPO outpacing revenue · Sequential beat (rev + EPS)

No data Balance sheet — not counted as a pass.

A count of the 12 warning flags that could be evaluated. Unweighted: colour follows the worst flag.

Quality Profile

Profitability

1/1 pass
GP / assets
0.40
Return on equity
6.6%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
0.68
Current ratio
1.21×
Net cash
$1.21B

Cash Flow

3/3 pass
Positive FCF
PASS
Cash-backed earnings
PASS
Accruals healthy
PASS
SBC / revenue
14.8%

Growth

2/2 pass
Revenue growth
18.8%
Piotroski F-Score
N/A
Share dilution
0.0%

Operating margin expansion and free cash flow are the primary reads at this stage.

Profitability

Does it make money well?

No warning flags · GP/assets 60th percentile of 36 SIC 7372 peers

Gross profitability (GP / assets)

0.40

Primary signal (Novy-Marx).

60th pctl of 36 SIC 7372 peers

Return on equity

6.6%

Gross margin

81.6%

89th pctl of 36 SIC 7372 peers

Revenue growth (YoY)

18.8%

RPO growth (YoY)

20.7%

Remaining performance obligations growth — RPO > revenue = forward demand building.

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2023202420252026
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

20.3%

Revenue CAGR (5Y)

23.5%

Earnings CAGR (3Y)

14.6%

FCF CAGR (3Y)

16.7%

Cash Flow Health

Is the cash real?

No warning flags · FCF 226% above net income

Free cash flow

$529.68M

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF vs net income

225.6%

(FCF − net income) ÷ |net income|. Positive: cash above earnings. Negative: below.

FCF not below net income

Fails when free cash flow is below net income (yellow flag).

PASS

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

14.8%

Stock-based comp intensity.

Balance Sheet Strength

Can it survive a storm?

No warning flags · net cash $1.21B

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

0.68

42nd pctl of 32 SIC 7372 peers (best = lowest)

Current ratio

1.21×

11th pctl of 36 SIC 7372 peers

Quick ratio

1.08×

Net cash

$1.21B

Cash & equivalents minus total debt.

Piotroski F-Score

N/A

Only 8/9 components determinable.

Valuation

Is the price reasonable?

No warning flags

Capital allocation quality

Composite score

1.7 / 5

Weak
Share count trend
0.0%2/5 Fair
Buyback timing
N/AN/A
Dividend growth consistency(non-payer or broken streak)
0 yr3/5 Good
Net debt trajectory
N/A0/5 Weak

Lifecycle Phase History

20212026
Hypergrowth
Op. Leverage

Price History

DT-20.3% · -4.4% CAGRSPY+82.9% · +12.8% CAGR

View full financial statements →

Source filings on SEC EDGAR: 10-K annual reports · 10-Q quarterly reports