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XStocksXray
Research report · 16 October 2026

Autodesk, Inc. (ADSK)

Information Technology · Application Software · US stock · price as of 16 Oct 2026

Key indicators

Price$239.90
52-week range$185.50 – $320.00
Market cap$50.6B
P/E (trailing)31.2×
EV / EBITDA22.3×
Free-cash-flow yield5.6%
Dividend yield–
Revenue (last 12 months)$7.8B
Revenue growth (3y a year)12.9%
Operating margin26.2%
Return on invested capital58.5%
Net debt / EBITDA-0.3×

Fair value

Blended fair value$242.85 range $234 – $253
Versus priceFair+1% to fair value
Peer multiples$278.05
Fundamentals-adjusted multiple$223.53
10-year DCF (market-scaled)$226.97
Earnings power value (floor, not blended)$58.39
Model uncertaintyMedium

X-Ray Score

67/ 100 · High confidence · ahead of 91% of sector peers
Valuation70
Growth60
Profitability74
Financial health62
Dividends–

Five-year price chart navy: price · brown: 200-day average · blue band: fair value range

154202249296344Fair value $2432021-102023-012024-042025-072026-10

Executive summary

Autodesk develops design and engineering software used in architecture, construction, manufacturing, media and entertainment. Well known products include AutoCAD, Revit, Maya and Fusion. The company sells mostly through subscriptions, delivered both on desktop and in the cloud, to customers ranging from individual designers to large engineering firms, often through resellers and distributors. Its tools are used throughout the design process, from early concepts to final production.

Revenue at Autodesk, Inc. was $7.8 billion across the last twelve months. Across three years, sales expanded by 12.9% a year. Operating profit was 26.2% of revenue. It earned a return on invested capital of 58%. Net debt to EBITDA is -0.3 times, which means the company holds more cash than debt. There is no dividend.

StocksXray gives Autodesk, Inc. an X-Ray Score of 67 out of 100 (high confidence), ahead of 91% of the S&P 500 stocks in its sector. Its strongest lens is profitability (74) and its weakest is growth (60).

Our fair value blend is $242.85 (range $233.53 to $253.44). At $239.90 the stock trades 1% below that blend, so the label is "Fair" with medium model uncertainty. Fair value is a range, not a price target.

stocksxray.com · page 1
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Autodesk, Inc. (ADSK)

Valuation history multiples at each fiscal year-end price; the last column uses today's price and the last twelve months

FY2022FY2023FY2024FY2025FY2026Now
Price$249.79$215.16$253.81$311.34$252.87$239.90
Market cap$55.5B$46.9B$54.8B$67.6B$54.4B$50.6B
P/E111.5×56.9×60.6×60.8×48.3×31.2×
EV / revenue12.9×9.4×10.0×11.1×7.5×6.4×
EV / EBITDA74.0×41.4×43.3×44.5×30.6×22.3×
Price / free cash flow37.6×23.1×42.8×43.1×22.6×17.8×
Free-cash-flow yield2.7%4.3%2.3%2.3%4.4%5.6%
Price / book65.3×41.0×29.6×25.8×17.9×15.0×
Dividend yield––––––

Fundamentals checklist ● 9 Good · ● 5 Average · ● 2 Bad · each check graded against the sector

Cash quality

Earnings backed by cash−9.7%Good
Free-cash-flow yield5.6%Good

Risk models

Altman Z score0.6×Bad
Piotroski F-Score8 of 9Good

Growth

EPS growth (3y)11.4%Average
Free-cash-flow growth (3y)5.9%Average
Revenue growth (3y)12.9%Average
Growth consistency100%Good

Balance sheet

Current ratio0.9×Bad
Net debt / EBITDA-0.3×Good
Interest coverno interest costGood

Valuation

Fair value vs price1.0×Good
EBIT / EV yield4.1%Average

Profitability

Return on invested capital58.5%Good
Operating margin26.2%Average
Gross profitability54.7%Good
stocksxray.com · page 2
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Autodesk, Inc. (ADSK)

Financials US$ millions, from SEC filings; last column is the last twelve months

Income statementFY22FY23FY24FY25FY26LTM
Revenue4,3865,0055,4976,1317,2067,790
Gross profit3,9684,5254,9865,5536,5567,108
Operating income6189891,1281,3541,5782,041
Net income4978239061,1121,1241,642
Diluted EPS ($)2.243.784.195.125.237.70
Free cash flow1,4752,0311,2821,5672,4092,839
Gross margin90.5%90.4%90.7%90.6%91.0%91.2%
Operating margin14.1%19.8%20.5%22.1%21.9%26.2%
Net margin11.3%16.4%16.5%18.1%15.6%21.1%
Balance sheetFY22FY23FY24FY25FY26LTM
Total assets8,6079,4389,91210,83312,46712,983
Cash1,5281,9471,8921,5992,2494,098
Total debt3,0002,3002,3002,6002,5003,494
Equity8491,1451,8552,6213,0453,383
Dividend per share ($)––––––

Revenue and net income US$ billions: navy revenue, teal net income

FY22FY23FY24FY25FY26

Margins blue gross, teal operating, brown net

0%30%61%91%FY22FY23FY24FY25FY26

Latest quarters

Apr 2025Jul 2025Oct 2025Jan 2026Apr 2026Jul 2026
Revenue ($M)1,6331,7631,8531,9571,9342,046
Growth vs a year earlier+15.2%+17.1%+18.0%+19.4%+18.4%+16.1%
Net income ($M)152313343316491492
Diluted EPS ($)0.701.461.60–2.322.33
stocksxray.com · page 3
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Autodesk, Inc. (ADSK)

Peers in Application Software

CompanyX-Ray
ADSK · Autodesk, Inc.67
ADBE · Adobe Inc.77
INTU · Intuit Inc.72
FICO · Fair Isaac Corp70
PLTR · Palantir Technologies Inc.60

Market Compass outlook for Information Technology: Favourable (75/100). It blends regime history, macro sensitivity, momentum and valuation.

Returns

1 week+1.9%
1 month+9.7%
3 months+10.1%
6 months−0.9%
1 year−21.4%
3 years+12.5%
5 years−14.0%

Technical summary

DailyStrongly bullish12 bullish · 3 neutral · 1 bearish
WeeklyNeutral5 bullish · 1 neutral · 6 bearish
MonthlyStrongly bearish1 bullish · 1 neutral · 6 bearish
50-day / 200-day average$233.31 / $235.73
52-week low / high$185.50 / $320.00
Classic pivot, support and resistanceS2 229.18 · S1 234.54 · P – · R1 248.50 · R2 257.10
stocksxray.com · page 4
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Autodesk, Inc. (ADSK)

Strengths

  • Return on invested capital of 58.5% is ahead of 85% of its sector peers.
  • Free-cash-flow yield of 5.6% is ahead of 77% of its sector peers.
  • Interest cover of no interest cost is ahead of 75% of its sector peers.
  • Holds more cash than debt (net debt to EBITDA of -0.3×).
  • Piotroski F-Score of 8 out of 9: most of the nine accounting health tests pass.

Risks and weak spots

  • Altman Z score is weak against Information Technology peers (0.6×).
  • Current ratio is weak against Information Technology peers (0.9×).
  • The Altman Z score of 0.6× is in the distress zone.

Latest SEC filings

DateFormItems
10 Sep 20268-K1.01,2.03,8.01,9.01
9 Sep 2026424B5
28 Aug 202610-Q
27 Aug 20268-K2.02,7.01,9.01
3 Aug 20268-K8.01
13 Jul 20268-K8.01
18 Jun 20268-K5.03,5.07,9.01
15 Jun 20268-K1.01,2.03,9.01

How to read this report

Every number comes from SEC filings, end-of-day prices and the StocksXray models described on the methodology page. The X-Ray Score ranks each metric against the company's own sector. Fair value blends three models and carries a typical error of about 40%, so treat it as a range. Analyst ratings, price targets and earnings-call summaries are not part of this report. Educational research, not financial advice; read the disclaimer.

stocksxray.com · page 5 · generated 19 Oct 2026