Tearsheet

Ansys (ANSS)


Market Price (9/4/2025): $387.97 | Market Cap: $34.0 Bil
Sector: Information Technology | Industry: Technology Hardware, Storage & Peripherals

Ansys (ANSS)


Market Price (9/4/2025): $387.97
Market Cap: $34.0 Bil
Sector: Information Technology
Industry: Technology Hardware, Storage & Peripherals

Investment Highlights

0 Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 28%
  Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.5%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 35%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 34%
  
0 Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 28%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 35%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 34%
2 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.5%

Market Valuation

 9/4/252024202320222021
Share Price CYE$387.97$337.33$362.88$241.59$401.12
Market Cap CYE ($ Bil)34.029.531.521.035.0
Total Debt ($ Bil)0.80.80.90.90.9
Total Cash ($ Bil)1.81.50.90.60.7
Enterprise Value ($ Bil)33.030.332.421.935.9
Valuation Ratios     
P/S TTM13.211.613.910.218.3
P/EBIT TTM43.238.549.335.266.2
P/E TTM57.451.263.040.276.8
Sector Ratios     
P/S TTM (Sector)4.24.54.53.46.3
P/EBIT TTM (Sector)17.815.713.08.512.9
P/E TTM (Sector)19.618.016.49.815.1
 9/4/2520242023
Share Price CYE$387.97$337.33$362.88
Market Cap CYE ($ Bil)34.029.531.5
Total Debt ($ Bil)0.80.80.9
Total Cash ($ Bil)1.81.50.9
Enterprise Value ($ Bil)33.030.332.4
Valuation Ratios   
P/S TTM13.211.613.9
P/EBIT TTM43.238.549.3
P/E TTM57.451.263.0
Sector Ratios   
P/S TTM (Sector)4.24.54.5
P/EBIT TTM (Sector)17.815.713.0
P/E TTM (Sector)19.618.016.4

Business Description

ANSYS, Inc. develops and markets engineering simulation software and services worldwide. It offers ANSYS Workbench, a framework upon which its multiphysics engineering simulation technologies are built and enables engineers to simulate the interactions between structures, heat transfer, fluids, electronics, and optical elements in a unified engineering simulation environment; high-performance computing product suite; power analysis and optimization software suite that manages the power budget, power delivery integrity, and power-induced noise in an electronic design; and structural analysis product suite that provides simulation tools for product design and optimization. Show more

Price Returns Compared

Expand for Detailed View

 202020212022202320242025Total [1]
Returns
ANSS Return41%10%-40%50%-7%11%45%
Peers Return64%14%-23%38%22%7%162%
S&P 500 Return16%27%-19%24%23%10%100%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: ADSK, PTC, PAYC, AAPL, DELL. See ANSS Returns vs. Peers.
[3] 2025 data is for the year up to 9/3/2025 (YTD)

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Peer Comparisons for Ansys

Financials

ANSSADSKPTCPAYCAAPLDELLMedian
NameAnsys Autodesk PTC Paycom S.Apple Dell Tec. 
Mkt Price-319.16212.64220.00229.72120.96220.00
Mkt Cap32.868.025.612.33,423.583.750.4
Rev LTM2,5836,6052,3471,960408,62596,7014,594
Op Inc LTM7331,515633551130,2146,4821,124
FCF LTM8671,84781635596,1843,6501,357
FCF 3Y Avg7441,704657319100,5033,8461,224
CFO LTM9121,925832558108,5656,2741,418
CFO 3Y Avg7771,775679507111,5596,6091,276

Growth & Margins

ANSSADSKPTCPAYCAAPLDELLMedian
NameAnsys Autodesk PTC Paycom S.Apple Dell Tec. 
Rev Chg LTM16.0%13.8%4.7%10.2%6.0%7.7%9.0%
Rev Chg 3Y Avg9.6%11.7%7.8%17.6%1.8%-2.4%8.7%
Rev Chg Q8.2%17.1%5.5%10.5%9.6%5.1%8.9%
QoQ Delta Rev Chg LTM1.5%4.1%1.4%2.4%2.1%1.2%1.8%
Op Mgn LTM28.4%22.9%27.0%28.1%31.9%6.7%27.5%
Op Mgn 3Y Avg27.5%21.5%24.5%29.5%30.8%6.0%26.0%
QoQ Delta Op Mgn LTM0.2%0.8%1.7%0.2%0.1%0.1%0.2%
CFO/Rev LTM35.3%29.1%35.4%28.5%26.6%6.5%28.8%
CFO/Rev 3Y Avg33.4%30.7%30.8%28.7%28.4%7.0%29.7%
FCF/Rev LTM33.6%28.0%34.8%18.1%23.5%3.8%25.8%
FCF/Rev 3Y Avg32.0%29.5%29.8%18.1%25.6%4.1%27.6%

Valuation

ANSSADSKPTCPAYCAAPLDELLMedian
NameAnsys Autodesk PTC Paycom S.Apple Dell Tec. 
Mkt Cap32.868.025.612.33,423.583.750.4
P/S12.710.310.96.38.40.99.3
P/EBIT41.748.140.521.626.312.033.4
P/E55.365.258.029.734.518.244.9
P/CFO36.035.330.722.131.513.331.1
Total Yield1.8%1.5%1.7%4.1%3.3%7.1%2.6%
Dividend Yield0.0%0.0%0.0%0.7%0.4%1.6%0.2%
FCF Yield 3Y Avg2.5%3.3%3.3%2.7%3.2%5.5%3.3%
D/E0.00.00.10.00.00.30.0
Net D/E-0.00.00.1-0.00.00.30.0

Returns

ANSSADSKPTCPAYCAAPLDELLMedian
NameAnsys Autodesk PTC Paycom S.Apple Dell Tec. 
1M Rtn-7.5%0.2%-2.7%13.6%-5.0%0.2%
3M Rtn-6.6%26.5%-16.5%13.1%8.5%8.5%
6M Rtn-19.3%34.2%1.8%-2.4%29.9%19.3%
12M Rtn-23.5%18.7%36.0%0.8%6.6%18.7%
3Y Rtn-60.6%84.8%-35.0%49.8%242.8%60.6%
1M Excs Rtn-4.6%-2.6%-5.5%10.8%-7.8%-2.6%
3M Excs Rtn-0.0%19.4%-23.2%5.9%4.3%4.3%
6M Excs Rtn-7.7%22.8%-9.3%-12.9%18.2%7.7%
12M Excs Rtn-10.6%7.6%21.1%-12.8%-4.3%7.6%
3Y Excs Rtn--7.8%25.4%-92.9%-15.5%117.7%-7.8%

Financials

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Single Segment2,2702,066   
Maintenance and service  961900816
Software licenses  946781700
Total2,2702,0661,9071,6811,516


Net Income by Segment
$ Mil20242023202220212020
Single Segment500524   
Total500524   


Price Behavior

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
4/30/2025-0.7%1.3%2.8%
2/19/20251.1%-1.3%-3.6%
11/6/20246.6%3.1%3.5%
7/31/2024-1.2%-4.7%2.0%
5/1/2024-2.2%1.7%-1.3%
1/16/2024-5.5%-1.6%-5.5%
11/1/2023-2.1%2.9%6.0%
8/2/2023-6.1%-8.6%-2.0%
...
SUMMARY STATS   
# Positive111114
# Negative131310
Median Positive3.7%3.1%5.8%
Median Negative-2.7%-4.0%-5.1%
Max Positive10.5%12.2%22.6%
Max Negative-12.2%-17.3%-14.9%

Industry Resources

Technology Hardware, Storage & Peripherals Resources
The Verge
TechRadar
Tom’s Hardware
PCMag
CNET