Open Text (OTEX) Debt to Equity (2009 - 2026)
Open Text (OTEX) recorded quarterly Debt to Equity of $1.57 in Q1 2026, little changed quarter-over-quarter from $1.58 in Q4 2025, and up 1.46% on a YoY basis from $1.54 in Q1 2025.
Open Text (OTEX) Debt to Equity (2009 - 2026) Analysis & Trends
Open Text's Debt to Equity history runs 18 years deep, the most recent figure standing at $1.57 for Q1 2026.
- In Q1 2026, Debt to Equity rose 1.46% year-over-year to $1.57; the TTM figure through Mar 2026 stood at $1.57 (up 1.46% YoY), while the FY2025 annual figure was $1.62, up 6.6% from the prior year.
- Debt to Equity was $1.57 for Q1 2026 at Open Text, roughly flat from $1.58 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $2.21 in Q2 2023 to a low of $1.04 in Q1 2022.
- Historically, Debt to Equity has averaged $1.63 across 5 years, with a median of $1.57 in 2026.
- The sharpest annual moves came in 2023 and 2024: Debt to Equity surged 111.18% in 2023, then plunged 31.08% in 2024.
- A 5-year view of Debt to Equity shows it stood at $1.26 in 2022, then surged by 67.45% to $2.11 in 2023, then slipped by 28.63% to $1.51 in 2024, then rose by 4.39% to $1.58 in 2025, then decreased by 0.48% to $1.57 in 2026.
- The last three Debt to Equity figures came in at $1.57 (Q1 2026), $1.58 (Q4 2025), and $1.61 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 0.13 |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 0.00 |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 0.42 |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | - |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 1.15 |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 0.44 |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | - |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 0.63 |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 0.16 |
| 10 | Open Text | 5.55 Bn | 4.30 Bn | 937.27 Mn | 1.57 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.57 |
| Dec 31, 2025 | 1.58 |
| Sep 30, 2025 | 1.61 |
| Jun 30, 2025 | 1.62 |
| Mar 31, 2025 | 1.54 |
| Dec 31, 2024 | 1.51 |
| Sep 30, 2024 | 1.54 |
| Jun 30, 2024 | 1.52 |
| Mar 31, 2024 | 2.02 |
| Dec 31, 2023 | 2.11 |
| Sep 30, 2023 | 2.17 |
| Jun 30, 2023 | 2.21 |
| Mar 31, 2023 | 2.20 |
| Dec 31, 2022 | 1.26 |
| Sep 30, 2022 | 1.10 |
| Jun 30, 2022 | 1.05 |
| Mar 31, 2022 | 1.04 |
| Dec 31, 2021 | 1.02 |
| Sep 30, 2021 | 0.85 |
| Jun 30, 2021 | 0.88 |