TEAM vs DBX vs OTEX Stock Comparison

Atlassian, Dropbox and Open Text Prices as of Oct 23, 2026 Peers: Industry group
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TEAM Atlassian Corp
$227.61 +16.7% 1M +37.9% 1Y
Market cap
$58.13B
P/E
–
Revenue (TTM)
$6.57B
Div. yield
–
Productivity Software Technology
4 wins
DBX Dropbox, Inc.
$37.83 +10.5% 1M +28.9% 1Y
Market cap
$8.48B
P/E
19.2x
Revenue (TTM)
$2.53B
Div. yield
–
Productivity Software Technology
4 wins
OTEX Open Text Corp
$27.95 +21.1% 1M -28.4% 1Y
Market cap
$6.88B
P/E
10.7x
Revenue (TTM)
$5.25B
Div. yield
–
Productivity Software Technology
3 wins

Head to Head

11 decided of 12

Atlassian leads on 4 of the 12 questions below (Atlassian 4, Dropbox 4, Open Text 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTEAMDBXOTEXLeader
Larger companyMarket capitalisation $58.13B $8.48B $6.88B TEAM
Cheaper on earningsLower P/E, profitable companies only -1,080x 19.2x 10.7x OTEX
Cheaper on forward earningsLower price / next fiscal year consensus EPS 40.4x 11.9x 6.9x OTEX
Faster revenue growthRevenue growth, trailing twelve months +26.0% 0.0% +1.5% TEAM
More profitableNet margin, trailing twelve months -0.8% 17.5% 12.3% DBX
Better return on capitalReturn on invested capital 0.0% 104.6% 8.1% DBX
Less leveragedLower net debt / EBITDA -1.7x 1.8x 2.8x TEAM
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +37.9% +28.9% -28.4% TEAM
Better 5-year returnAnnualised price return, 5 years -11.7%/yr +4.5%/yr -11.1%/yr DBX
Less volatileAnnualised volatility, 1 year 75.0% 38.0% 38.7% DBX
Higher overall scoreMean of the five percentile scores vs peers 43/100 55/100 57/100 OTEX

Percentile Scorecard

TEAMDBXOTEX

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisTEAMDBXOTEX
Valuation 7 #28 of 30 55 #14 of 30 83 #6 of 30
Growth 77 #7 of 27 8 #25 of 27 42 #16 of 27
Profitability 32 #18 of 26 96 #2 of 26 68 #9 of 26
Financial Health 42 #19 of 32 16 #27 of 32 13 #28 of 32
Shareholder Returns 56 #8 of 17 100 #1 of 17 81 #4 of 17
Overall 43 55 57
  • TEAM ranked among 33 companies in Workplace Software
  • DBX ranked among 33 companies in Workplace Software
  • OTEX ranked among 33 companies in Workplace Software

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodTEAMDBXOTEXSPY
1 month +16.7%+10.5%+21.1% -1.0%
3 months +162.0%+29.6%+24.9% +2.9%
6 months +218.1%+57.5%+24.7% +6.4%
Year to date +40.4%+36.1%-14.2% +11.4%
1 year +37.9%+28.9%-28.4% +13.1%
3 years +19.4%+38.5%-16.3% +79.4%
3 years, per year +6.1%+11.5%-5.8% +21.5%
5 years -46.2%+24.8%-44.4% +67.7%
5 years, per year -11.7%+4.5%-11.1% +10.9%
10 years +683.8%—-13.1% +255.2%
10 years, per year +22.9%—-1.4% +13.5%

Risk

MeasureTEAMDBXOTEXSPY
Volatility, 1Y 75.0%38.0%38.7% 12.7%
Downside volatility, 1Y 63.3%37.1%40.4% 12.7%
Beta vs S&P 500, 1Y 0.810.220.83 1.00
Return / volatility, 1Y 0.510.76-0.73 1.03
Max drawdown, 5Y -87.5%-38.8%-61.7% -25.4%
From 52-week high 0.0%0.0%-29.6% -2.5%
52-week high $227.61$37.83$39.69 $779.14
52-week low $57.15$22.06$20.01 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleTEAMDBXOTEX
P/E now vs peer median -1,100xmedian 32.3x 19.2xmedian 32.3x 10.8xmedian 32.3x
P/S now vs peer median 9.0xmedian 2.4x 3.3xmedian 2.4x 1.3xmedian 2.4x
EV/EBITDA now vs peer median 409.9xmedian 11.5x 11.5xmedian 11.5x 6.8xmedian 11.5x
P/FCF now vs peer median 44.9xmedian 14.2x 8.7xmedian 14.2x 8.4xmedian 14.2x
P/B now vs peer median 55.9xmedian 2.7x -3.8xmedian 2.7x 1.7xmedian 2.7x
PEG now vs peer median -21.06median 0.77 2.23median 0.77 0.16median 0.77

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsTEAMDBXOTEX
Revenue $6.57B $2.53B $5.25B
Gross profit $5.58B $2.02B $3.87B
Operating income $10.36M $674.50M $1.08B
Net income -$53.83M $442.80M $643.26M
Free cash flow $1.32B $957.10M $807.52M
R&D $3.27B $741.50M $647.71M
EPS (diluted) $-0.21 $1.95 $2.58
Cash & equivalents $1.24B $1.06B $956.02M
Total debt $3.96B $9.17B $5.77B
Shares (diluted) 260.16M 226.80M 249.37M
Enterprise value $51.41B $4.11B $2.32B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricTEAMDBXOTEX
P/E -1,100x 19.2x 10.8x
P/FCF 44.9x 8.7x 8.4x
P/Operating cash flow 43.8x 8.5x 6.7x
P/S 9.0x 3.3x 1.3x
P/B 55.9x -3.8x 1.7x
P/Tangible book 94.6x -3.8x 2.7x
EV/EBITDA 409.9x 11.5x 6.8x
EV/EBIT 5,694x 14.5x 10.7x
EV/Revenue 9.0x 3.9x 2.2x
EV/FCF 44.7x 10.2x 14.3x
EV/Operating cash flow 43.6x 10.0x 11.5x
PEG (3Y EPS CAGR) -21.06 2.23 0.16

Growth

14 metrics
MetricTEAMDBXOTEX
Revenue growth (1Y) 26.0% 0.0% 1.5%
Revenue CAGR (3Y) 23.0% 1.5% 5.4%
Gross profit growth (1Y) 29.0% -2.0% 3.6%
Gross profit CAGR (3Y) 24.3% 1.0% 6.9%
Operating income growth (1Y) 107.9% 18.8% 21.3%
Operating income CAGR (3Y) 26.6% 65.2% 28.0%
Net income growth (1Y) 79.0% -8.8% 47.5%
Net income CAGR (3Y) 52.0% -5.4% 62.3%
EPS growth (1Y) 78.9% 11.3% 56.0%
EPS CAGR (3Y) 52.2% 8.6% 66.8%
Operating cash flow growth (1Y) -7.3% 8.7% 21.2%
Operating cash flow CAGR (3Y) 15.9% 8.2% 8.9%
Free cash flow growth (1Y) -6.8% 7.2% 17.5%
Free cash flow CAGR (3Y) 16.1% 8.5% 7.2%

Profitability

14 metrics
MetricTEAMDBXOTEX
Gross margin 84.8% 79.7% 73.7%
EBITDA margin 2.2% 33.7% 32.6%
Operating margin 0.2% 26.6% 20.6%
Pretax margin 0.3% 22.1% 16.4%
Net margin -0.8% 17.5% 12.3%
FCF margin 20.1% 37.8% 15.4%
Operating cash flow margin 20.6% 38.7% 19.2%
Return on equity -5.6% – 16.1%
Return on assets -0.9% 15.1% 4.9%
Return on invested capital 0.0% 104.6% 8.1%
Return on capital employed 0.4% 38.5% 10.2%
Asset turnover 1.1x 0.9x 0.4x
Cash conversion (OCF / net income) -25.1x 2.2x 1.6x
Stock comp / revenue 24.4% 12.0% 1.5%

Financial Health

11 metrics
MetricTEAMDBXOTEX
Debt / assets 16.2% 92.3% 44.0%
Debt / equity 0.9x -1.2x 1.4x
Net debt / EBITDA -1.7x 1.8x 2.8x
Debt / FCF 0.8x 2.7x 7.1x
Liabilities / assets 82.7% 177.4% 69.4%
Equity / assets 17.3% -77.4% 30.6%
Interest coverage 0.2x – –
Current ratio 0.8x 1.1x 0.8x
Quick ratio 0.7x 1.0x 0.7x
Cash ratio 0.3x 0.9x 0.4x
Altman Z-score 6.57 0.72 1.29

Shareholder Returns

7 metrics
MetricTEAMDBXOTEX
Dividend yield – – 4.0%
Net buyback yield 3.0% 18.1% 6.1%
Shareholder yield 3.0% 18.1% 10.1%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusTEAMDBXOTEX
Forward P/E 40.4xFY2027 11.9xFY2026 6.9xFY2027
EPS, next fiscal year $5.63FY2027 $3.19FY2026 $4.05FY2027
EPS growth, next FY -3.8%FY2027 +12.3%FY2026 -7.1%FY2027
EPS growth, the year after +24.2% +9.7% -0.2%
Revenue, next fiscal year $7.29BFY2027 $2.70BFY2026 $4.96BFY2027
Revenue growth, next FY +10.9%FY2027 +7.0%FY2026 -4.2%FY2027
Revenue growth, the year after +23.0% -11.1% +1.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTEAMDBXOTEX
Held by institutions 99.7% 80.4% 81.5%
Institutions holding 696 451 270
Change in shares held, QoQ +4.9% -0.8% +6.5%
Institutions buying 434 222 159
Institutions selling 193 175 82
Buyers to sellers 2.25 1.27 1.94

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

TEAMDBXOTEX
TEAM 1.00 0.50 0.50
DBX 0.50 1.00 0.55
OTEX 0.50 0.55 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, TEAM, DBX and OTEX?

Atlassian (TEAM) is the largest by market capitalisation: Atlassian (TEAM) $58.13B, Dropbox (DBX) $8.48B, Open Text (OTEX) $6.88B.

Which stock is cheaper, TEAM, DBX and OTEX?

Open Text (OTEX) trades on the lowest price-to-earnings ratio (Atlassian (TEAM) -1,080x, Dropbox (DBX) 19.2x, Open Text (OTEX) 10.7x). On next year's consensus earnings, Open Text (OTEX) is cheapest (Atlassian (TEAM) 40.4x, Dropbox (DBX) 11.9x, Open Text (OTEX) 6.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Atlassian (TEAM) grew revenue fastest over the trailing twelve months: Atlassian (TEAM) +26.0%, Dropbox (DBX) 0.0%, Open Text (OTEX) +1.5%.

Which company is more profitable?

Dropbox (DBX) has the highest net margin (Atlassian (TEAM) -0.8%, Dropbox (DBX) 17.5%, Open Text (OTEX) 12.3%). On return on invested capital, Dropbox (DBX) leads (Atlassian (TEAM) 0.0%, Dropbox (DBX) 104.6%, Open Text (OTEX) 8.1%).

Which stock has performed better?

Over the past year Atlassian (TEAM) returned the most: Atlassian (TEAM) +37.9%, Dropbox (DBX) +28.9%, Open Text (OTEX) -28.4%. Over five years, Dropbox (DBX) compounded fastest (Atlassian (TEAM) -11.7%/yr, Dropbox (DBX) +4.5%/yr, Open Text (OTEX) -11.1%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Dropbox (DBX) has been the steadiest (Atlassian (TEAM) 75.0%, Dropbox (DBX) 38.0%, Open Text (OTEX) 38.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, TEAM, DBX and OTEX?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Atlassian (TEAM) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.