Nice vs PTC
Nice and PTC are similar in size: $2.95bn and $2.74bn of revenue in their latest fiscal years. PTC grew faster (19.2% against 7.7%). PTC kept more of each dollar of sales as profit: a net margin of 26.8% against 20.8%. Nice carries less debt relative to equity (0.0% against 31.3%).
| Latest fiscal year | NiceNICE, 2025 | PTCPTC, 2025 |
|---|---|---|
| Revenue | $2.95bn | $2.74bn |
| Revenue growth | 7.7% | 19.2% |
| Net income | $612m | $734m |
| Operating margin | 21.9% | 35.9% |
| Net margin | 20.8% | 26.8% |
| Return on equity | 16.4% | 20.9% |
| Free cash flow | $698m | $857m |
| Cash | $379m | $184m |
| Total debt | $0 | $1.20bn |
| Debt to equity | 0.0% | 31.3% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $489m | $300m |
| Employees | — | 7,642 |
| Market value | $6.79bn | $21.51bn |
| Price vs our value range | Below our value range | Within our value range |
| Moat score | 53 (Moderate) | 57 (Moderate) |
| Insider trades, 12 months | 0 buys, 1 sales | 0 buys, 17 sales |