KPIs & Operating Metrics(New)
Growth Metrics

Open Text (OTEX) Debt to Equity (2009 - 2026)

Open Text's quarterly Debt to Equity came in at $1.57 in Q1 2026, up 1.46% year-on-year from $1.54 in Q1 2025, and little changed quarter-over-quarter from $1.58 in Q4 2025.

Open Text has reported Debt to Equity for 18 years, with the latest figure at $1.57 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity rose 1.46% year-over-year to $1.57; the trailing twelve-month figure through Mar 2026 stood at $1.57 (up 1.46% YoY), and the FY2025 full-year result was $1.62, up 6.6% from the prior year.
  • Debt to Equity for Q1 2026 stood at $1.57, roughly flat from $1.58 in the prior quarter.
  • The five-year high for Debt to Equity was $2.21 in Q2 2023, with the low at $1.04 in Q1 2022.
  • Average Debt to Equity over 5 years is $1.63, with a median of $1.57 recorded in 2026.
  • Year-over-year, Debt to Equity jumped 111.18% in 2023 and plunged 31.08% in 2024.
  • Tracing OTEX's Debt to Equity over 5 years: stood at $1.26 in 2022, then soared by 67.45% to $2.11 in 2023, then dropped by 28.63% to $1.51 in 2024, then gained by 4.39% to $1.58 in 2025, then slipped 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 253.17 Bn 235.20 Bn 8.16 Bn 0.13
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 0.24
3 Uber Technologies 147.39 Bn 146.35 Bn 11.88 Bn 0.42
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn -
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn -
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 0.44
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 0.07
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 0.63
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 0.30
10 Open Text 5.82 Bn 4.56 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
Mar 31, 2021 0.89
Dec 31, 2020 0.90
Sep 30, 2020 1.03
Jun 30, 2020 1.05
Mar 31, 2020 1.05
Dec 31, 2019 0.88
Sep 30, 2019 0.67
Jun 30, 2019 0.67
Mar 31, 2019 0.68
Dec 31, 2018 0.69
Sep 30, 2018 0.70
Jun 30, 2018 0.70
Mar 31, 2018 0.72
Dec 31, 2017 0.76
Sep 30, 2017 0.78
Jun 30, 2017 0.73
Mar 31, 2017 0.75
Dec 31, 2016 0.69
Sep 30, 2016 0.75
Jun 30, 2016 1.08
Mar 31, 2016 0.83
Dec 31, 2015 0.85
Sep 30, 2015 0.88
Jun 30, 2015 0.85
Mar 31, 2015 0.90
Dec 31, 2014 0.73
Sep 30, 2014 0.77
Jun 30, 2014 0.80
Mar 31, 2014 0.85
Dec 31, 2013 0.39
Sep 30, 2013 0.41
Jun 30, 2013 0.42
Mar 31, 2013 0.44
Dec 31, 2012 0.46
Sep 30, 2012 0.49
Jun 30, 2012 0.51
Mar 31, 2012 0.51
Dec 31, 2011 0.53
Sep 30, 2011 0.31
Jun 30, 2011 0.29
Mar 31, 2011 0.30
Sep 30, 2010 0.32
Jun 30, 2010 0.34
Mar 31, 2010 0.35
Dec 31, 2009 0.35
Sep 30, 2009 0.36
Jun 30, 2009 0.44
Mar 31, 2009 0.49