Is the business good?
How good a business is NICE?
NICE Ltd. earns 15% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
15%
Return on invested capital · cost of capital 9.0% · 5.8 points above what the capital costs: growth creates value
- Operating margin
- 22%
Operating margin · Software - Application median 8.2% · fiscal year to FY2025
- Cash conversion
- 1.14×
Cash conversion · 1.81× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- −3.3%
Share count, year on year · bought back, each share owns more of the company
| Year | Operating margin |
|---|---|
| FY2020 | 15% |
| FY2021 | 14% |
| FY2022 | 15% |
| FY2023 | 18% |
| FY2024 | 20% |
| FY2025 | 22% |
Details›
- Gross marginfiscal year to FY2025
- 66%
- Operating marginfiscal year to FY2025
- 22%
- Net marginfiscal year to FY2025
- 21%
- Free cash flow margin
- 24%
- R&D as % of revenue
- 12%
- Revenue, trailing twelve months
- $2.95B
- Free cash flow, trailing twelve months
- $698M
- Net income, trailing twelve months
- $612M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 15%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Software - Application
Ranks #31 of 90 by Smart Score