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
DateValue
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