Is the business good?
How good a business is PATH?
UiPath, Inc. earns 13% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
13%
Return on invested capital · cost of capital 9.0% · 4.4 points above what the capital costs: growth creates value
- Operating margin
- 6.0%
Operating margin · Software - Infrastructure median 6.1% · 12 months to Q1 2027
- Cash conversion
- 1.15×
Cash conversion · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- −3.8%
Share count, year on year · bought back, each share owns more of the company
| Year | Operating margin |
|---|---|
| FY2021 | −18% |
| FY2022 | −56% |
| FY2023 | −33% |
| FY2024 | −13% |
| FY2025 | −11% |
| FY2026 | 3.5% |
Details›
- Gross margin12 months to Q1 2027
- 83%
- Operating margin12 months to Q1 2027
- 6.0%
- Net margin12 months to Q1 2027
- 20%
- Free cash flow margin
- 22%
- R&D as % of revenue
- 23%
- Revenue, trailing twelve months
- $1.67B
- Free cash flow, trailing twelve months
- $375M
- Net income, trailing twelve months
- $327M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 13%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Software - Infrastructure
Ranks #18 of 78 by Smart Score