Educational information, not financial advice or a personal recommendation. Not regulated by the FCA. Do your own research. Capital at risk.

PTC Inc. (PTC)

Technology High qualityS&P 500

PTC is a software company that helps manufacturers design, build, and service their products using digital tools and industrial internet technology.

$130.78

Is PTC Inc. a good stock for a UK beginner?

The honest version: There's no rating here and nothing for sale. In its favour: Very high profit margins typical of software businesses. Worth weighing: Does not pay a dividend to shareholders.

No rating · no target price · nothing for sale here
Price-23.2%
= past earnings-report date
Priced in USD. As a UK investor your £ return also moves with the pound-to-dollar exchange rate, even inside an ISA - a stronger pound can trim your £ gains and a weaker pound can add to them, whatever the share price itself does.
52-week range-31% past year
$130.78
Low $108.50High $217.64
Where today's price sits versus its past year - context, not a signal.

Is this normal for this company?

Each figure against the range this same company has produced recently. Neither end of a range is the good end.

Price to earnings
13.5now
13.733.4

Share price divided by the earnings actually reported over the four most recent quarters. The range is the same calculation at each of this company's last few results, so roughly the past year.

Net profit margin
19.8%now
19.8%76.3%

Profit as a share of sales, from the company's own quarterly statements. The range covers the 5 quarters we hold, and the figure shown is its most recent one.

How these ranges are built

Every number here is the company's own reported figure, not a comparison with other companies. The ranges come from this company's own results and its share price. Where it reports in a different currency from the one its shares trade in, the price-to-earnings range is left out rather than mixing the two.

What does PTC Inc. do?

PTC provides the digital backbone for big industrial companies, offering software for computer-aided design and managing the lifecycle of complex products. Subscription fees for its software platforms are the core earner, with those tools helping factories run more efficiently and keep track of their machinery. How steadily they grow their subscription base will matter as more traditional manufacturers move their operations into the digital age.

On our factor screen it looks strongest on quality and value, and weakest on growth.

Quick checks
What's strong
  • Quality screens high
What to watch
  • Growth screens low
  • Income screens low

Does PTC Inc. pay a dividend?

No - PTC Inc. doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.

Does PTC Inc. have more cash or more debt?

It holds about $351.45M in cash against about $1.61B of debt - so it has net debt of about $1.26B. Debt is not automatically a problem - it funds growth - but it has to be serviced and repaid, which matters more when profits wobble.

From the latest reported balance sheet. Cash and debt levels change, and some borrowing is normal - this is context, not a judgment.

What do PTC Inc.'s numbers mean?

P/E
14.59
This shows how much you are paying for every pound of the company's annual profit; a lower number can sometimes suggest the market is cautious about future growth.
Lower than most of the 109 Technology shares we cover
Gross margin
84.5%
This indicates that for every pound of sales, the company keeps over 84 pence after paying for the direct costs of creating their software, showing a very efficient business model.
Higher than most of the 131 Technology shares we cover
Return on equity
35.1%
This measures how effectively the company uses the money invested by shareholders to generate profit, with a high percentage suggesting strong management performance.
Higher than most of the 126 Technology shares we cover
Revenue growth
-6.8%
This tells us how much the company's total sales have increased compared to the same time last year, showing healthy demand for their digital tools.
Lower than most of the 131 Technology shares we cover

How has it performed?

Growth of £1,000, the worst fall, and year by year
If you had put $1,000 into PTC Inc.
$768-23%

Over about 2 years to 2026-09-11. This is the share price only; any dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

How much has PTC Inc. actually fallen?

−48%

Over the last 2 years of daily prices, PTC Inc. fell as much as −48% from a high to a later low. Falls like this are normal when you own a share.

Past falls are not a forecast - it can fall further, or recover.

How has it done year by year?

2022-1%
2023+46%
2024+5%
2025-5%
2026 so far-14%

Calendar-year total return - the share price with dividends reinvested - from adjusted closing prices. The current year is only part-complete. Past returns are not a guide to the future.

A closer look at the numbers

Ownership, earnings history, where the money goes, and the outlook range
Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$16.32B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
1.81M
Day range: The lowest and highest price the shares traded at during the latest day.
$127.06 – $131.19
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$108.50 – $217.64
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
14.6
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
0.99

Does the share price tell you if it's cheap or expensive?

One share costs$130.78
Number of shares125 million
So the whole company is worth$16.32bn
A £5 share is not cheaper than a £500 one - it means the company cut itself into more slices. Whether the total looks high or low is what the figures below are for; we don't give a verdict.
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 0.99
Calm
Wild
Roughly in step with the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▲ +5% past week · ▼ -31% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

How much money does PTC Inc. make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$223.45M$446.90M$670.35M$893.79MQ2 25Q3 25Q4 25Q1 26Q2 26
Gross margin
84.5%
Net margin
41.4%
Return on equity
35.1%

Where does each £100 of PTC Inc.'s sales go?

Making the product or service £15Running costs, tax and interest £44Left as profit £41

A rough split of the latest full-year figures: of every £100 of sales, about £15 covers making the product or service, £44 goes on running costs, tax and interest, and about £41 is left as profit. Margins vary a lot by industry, and one-off items can distort a single year.

When does PTC Inc. report earnings, and how did recent quarters go?

PTC Inc. is next scheduled to report on about 2026-11-11 - dates can move, and we don't predict results; this just tells you when to look.

‘Beat’ and ‘missed’ are against what analysts expected, not whether the business is doing well.

PTC Inc.: reported versus expected earnings per share, recent quarters
ReportedExpected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number.Actual EPSvs expected
2026-07-29$1.56$1.58In line
2026-05-06$2.10$2.69Beat +28%
2026-02-04$1.56$1.92Beat +23%
2025-11-05$2.27$3.47Beat +53%
2025-07-30$1.21$1.64Beat +35%
2025-04-30$1.40$1.79Beat +28%

Across the last 6 quarters here, PTC Inc. came in ahead of what analysts expected 5 times. One quarter is noise, not a trend.

See who else reports over the next two weeks →

Where these figures come from

Each quarter a company reports its results against a consensus of analyst forecasts. The figures here are reported versus expected earnings per share from published results; the expectation is that analyst consensus, not our view. Report dates are estimates and can move.

What are the scenarios for PTC Inc.?

An illustrative range for the year ahead — not a prediction or a price target.

◀ lowerhigher ▶todayBull▲ UpsideBase• In-lineBear▼ Downside
Bull
+5% to +10%Stronger than expected demand for industrial software upgrades.
Base
-2% to +2%Steady adoption of digital tools by existing manufacturing clients.
Bear
-5% to -10%A slowdown in global manufacturing investment.

What are the pros, cons and common questions?

The case each way, and the questions people ask
The bull case

PTC becomes the standard platform for smart factory automation.

The bear case

Technological obsolescence or failure to innovate.

What are the pros and cons of PTC Inc.?

3bull points
6bear points

A balance check, not a score or verdict.

The bull case3
  • Very high profit margins typical of software businesses
  • Strong ability to generate returns on shareholder capital
  • Essential software that is often difficult for clients to replace
The catch3
  • Does not pay a dividend to shareholders
  • Recent share price performance has been weak
  • Relies heavily on the health of the manufacturing sector
Key risks3
  • Economic downturns often lead manufacturers to cut software budgets
  • Rapid changes in technology could make current products less relevant
  • High reliance on large enterprise contracts which can be unpredictable
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

  • A significant drop in subscription renewal rates
  • A major competitor launching a cheaper or more effective alternative

Common questions about PTC Inc.

Does PTC Inc. pay a dividend?

No - PTC Inc. does not currently pay a dividend, so the return would rest on the share price. Many growing companies reinvest profits instead of paying them out.

When does PTC Inc. report earnings next?

PTC Inc. is next scheduled to report results on about 2026-11-11. Report dates are estimates and can move; this is a diary note for when to look, not a forecast of the outcome.

More in Technology

Cognizant Technology Solutions CorporationKeysight Technologies, Inc.Datadog, Inc.Palo Alto Networks, Inc.Jack Henry & Associates, Inc.F5, Inc.Lumentum Holdings Inc.Corning Incorporated
Confidence: medium · data: USD · flags: none · Charts by TradingView Lightweight Charts™
Found this useful? The Almanac is free and ad-free - a coffee keeps it that way.Support →

Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Prices as of 11 Sep 2026; other figures as of 11 Aug 2026. Prices may be delayed and numbers can go stale - always double-check before acting.