Oracle Corporation (ORCL) Key Metrics
ORCL valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $388.73B
- Enterprise value
- $560.92B
- P/E (TTM)
- 20.1 10-yr median 30.7
- Forward P/E
- 17.8
- PEG ratio
- 0.81
- Price / sales
- 5.4 10-yr median 5.5
- Price / book
- 7.1 10-yr median 15.5
- EV / EBITDA
- 14.9 10-yr median 16.9
- Dividend yield
- 1.56% $2.00 a year
- Beta
- 1.77
ORCL key metrics, FY2017–FY2026
Fiscal year ended May 31, 2026 · U.S. dollarsORCL valuation Price multiples at each fiscal year-end price.
ORCL returns How much profit the business earns on the capital it uses.
ORCL per-share figures Results divided by the shares outstanding at year-end.
ORCL financial health Debt, liquidity and how easily interest is covered.
ORCL efficiency & capital use Working capital cycle and where the cash goes.
ORCL valuation history
ORCL returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
ORCL debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
ORCL cash returned to shareholders
ORCL price vs earnings per share
ORCL key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $658.15B | $474.41B | $330.83B | $293.03B | $200.37B | $237.95B | $177.12B | $188.84B | $198.00B | $191.53B |
| Enterprise value | $782.44B | $567.31B | $414.64B | $373.32B | $254.33B | $275.64B | $205.66B | $207.18B | $191.36B | $183.36B |
| P/E ratio | 38.5 | 38.1 | 31.6 | 34.5 | 29.8 | 17.3 | 17.5 | 17.0 | 55.2 | 20.3 |
| Price / sales | 9.8 | 8.3 | 6.2 | 5.9 | 4.7 | 5.9 | 4.5 | 4.8 | 5.0 | 5.1 |
| Price / book | 15.5 | 23.2 | 38.0 | 273.1 | — | 45.4 | 14.7 | 8.7 | 4.3 | 3.6 |
| Price / free cash flow | — | — | 28.0 | 34.6 | 39.9 | 17.3 | 15.3 | 14.6 | 14.5 | 15.8 |
| Price / operating cash flow | 20.6 | 22.8 | 17.7 | 17.1 | 21.0 | 15.0 | 13.5 | 13.0 | 12.9 | 13.6 |
| EV / sales | 11.6 | 9.9 | 7.8 | 7.5 | 6.0 | 6.8 | 5.3 | 5.2 | 4.8 | 4.9 |
| EV / EBITDA | 23.4 | 23.7 | 19.4 | 19.9 | 18.8 | 15.0 | 12.1 | 12.0 | 11.1 | 11.5 |
| EV / free cash flow | — | — | 35.1 | 44.1 | 50.6 | 20.0 | 17.8 | 16.1 | 14.0 | 15.1 |
| Earnings yield | 2.6% | 2.6% | 3.2% | 2.9% | 3.4% | 5.8% | 5.7% | 5.9% | 1.8% | 4.9% |
| Free cash flow yield | −3.6% | −0.1% | 3.6% | 2.9% | 2.5% | 5.8% | 6.5% | 6.8% | 6.9% | 6.3% |
| Dividend yield | 0.9% | 1.0% | 1.3% | 1.3% | 1.7% | 1.3% | 1.7% | 1.6% | 1.6% | 1.4% |
| Shareholder yield (dividends + buybacks) | 0.9% | 1.3% | 2.3% | 2.1% | 10.4% | 10.4% | 13.0% | 21.0% | 7.6% | 3.4% |
| Share price at fiscal year-end | $225.78 | $165.53 | $117.19 | $105.94 | $71.92 | $78.74 | $53.77 | $50.60 | $46.72 | $45.39 |
| Per share | ||||||||||
| Revenue per share | $23.11 | $20.03 | $18.76 | $18.06 | $15.23 | $13.39 | $11.86 | $10.59 | $9.40 | $8.94 |
| Earnings per share | $5.86 | $4.34 | $3.71 | $3.07 | $2.41 | $4.55 | $3.08 | $2.97 | $0.85 | $2.24 |
| Operating cash flow per share | $10.97 | $7.26 | $6.61 | $6.21 | $3.42 | $5.26 | $3.99 | $3.90 | $3.63 | $3.35 |
| Free cash flow per share | −$8.13 | −$0.14 | $4.18 | $3.06 | $1.80 | $4.55 | $3.51 | $3.45 | $3.22 | $2.87 |
| Cash per share | $10.94 | $3.91 | $3.78 | $3.68 | $7.86 | $15.41 | $13.07 | $10.14 | $15.87 | $15.66 |
| Book value per share | $14.58 | $7.14 | $3.08 | $0.39 | −$2.23 | $1.73 | $3.67 | $5.84 | $10.91 | $12.76 |
| Tangible book value per share | −$7.88 | −$16.17 | −$21.40 | −$25.68 | −$18.47 | −$13.61 | −$10.76 | −$7.31 | −$0.99 | $0.74 |
| Dividends per share | $1.99 | $1.65 | $1.56 | $1.33 | $1.24 | $1.01 | $0.93 | $0.79 | $0.74 | $0.62 |
| Capex per share | $19.10 | $7.40 | $2.43 | $3.14 | $1.62 | $0.71 | $0.47 | $0.44 | $0.41 | $0.48 |
| Debt per share | $53.58 | $36.32 | $33.46 | $32.71 | $27.23 | $27.88 | $21.74 | $15.05 | $14.30 | $13.72 |
| Shares outstanding | 2.92B | 2.87B | 2.82B | 2.77B | 2.79B | 3.02B | 3.29B | 3.73B | 4.24B | 4.22B |
| Change in shares outstanding | +1.7% | +1.5% | +2.1% | −0.7% | −7.8% | −8.3% | −11.7% | −11.9% | +0.4% | −2.0% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 54.3% | 85.4% | 214.1% | — | — | 158.8% | 59.9% | 32.6% | 7.2% | 18.7% |
| Return on invested capital (ROIC) | 13.0% | 15.1% | 15.7% | 18.9% | 21.2% | 36.4% | 28.9% | 30.7% | 15.6% | 25.9% |
| Return on assets (ROA) | 7.9% | 8.0% | 7.6% | 7.0% | 5.6% | 11.2% | 9.0% | 9.0% | 2.6% | 7.6% |
| Return on tangible assets | 8.7% | 12.3% | 14.6% | 13.7% | 10.5% | 16.2% | 14.9% | 18.6% | 4.1% | 11.2% |
| Free cash flow margin | −35.2% | −0.7% | 22.3% | 17.0% | 11.8% | 34.0% | 29.6% | 32.6% | 34.3% | 32.1% |
| Income quality (OCF / net income) | 1.87 | 1.67 | 1.78 | 2.02 | 1.42 | 1.16 | 1.30 | 1.31 | 4.29 | 1.49 |
| Financial health | ||||||||||
| Total debt | $156.19B | $104.10B | $94.47B | $90.48B | $75.86B | $84.25B | $71.60B | $56.17B | $60.62B | $57.91B |
| Cash & short-term investments | $31.89B | $11.20B | $10.66B | $10.19B | $21.90B | $46.55B | $43.06B | $37.83B | $67.26B | $66.08B |
| Net debt | $124.30B | $92.90B | $83.81B | $80.29B | $53.96B | $37.69B | $28.54B | $18.34B | −$6.64B | −$8.17B |
| Debt / equity | 3.67 | 5.09 | 10.85 | 84.33 | — | 16.08 | 5.93 | 2.58 | 1.31 | 1.08 |
| Debt / assets | 0.60 | 0.62 | 0.67 | 0.67 | 0.69 | 0.64 | 0.62 | 0.52 | 0.44 | 0.43 |
| Net debt / EBITDA | 3.71 | 3.89 | 3.92 | 4.28 | 3.99 | 2.05 | 1.68 | 1.06 | −0.39 | −0.51 |
| Current ratio | 1.12 | 0.75 | 0.72 | 0.91 | 1.62 | 2.30 | 3.03 | 2.49 | 3.97 | 3.08 |
| Quick ratio | 1.12 | 0.75 | 0.70 | 0.90 | 1.61 | 2.29 | 3.02 | 2.47 | 3.95 | 3.07 |
| Interest coverage | 4.5 | 4.9 | 4.4 | 3.7 | 4.0 | 6.1 | 7.0 | 6.5 | 6.6 | 7.2 |
| Working capital | $4.80B | −$8.06B | −$8.99B | −$2.09B | $12.12B | $31.40B | $34.94B | $27.76B | $56.96B | $50.34B |
| Invested capital | $166.80B | $113.35B | $92.51B | $81.37B | $47.74B | $42.93B | $40.61B | $40.12B | $39.58B | $45.69B |
| Tangible asset value | −$22.43B | −$45.83B | −$59.88B | −$70.54B | −$51.02B | −$40.41B | −$34.79B | −$26.70B | −$4.20B | $3.52B |
| Net current asset value | −$172.14B | −$122.81B | −$109.18B | −$111.82B | −$83.43B | −$69.59B | −$50.58B | −$39.96B | −$14.88B | −$6.23B |
| Graham number | $43.86 | $26.40 | $16.04 | $5.18 | — | $13.32 | $15.93 | $19.75 | $14.41 | $25.36 |
| Graham net-net per share | −$61.41 | −$45.28 | −$40.74 | −$42.41 | −$31.78 | −$24.64 | −$16.82 | −$11.93 | −$4.66 | −$2.50 |
| Capital allocation | ||||||||||
| Dividends paid | $5.79B | $4.74B | $4.39B | $3.67B | $3.46B | $3.06B | $3.07B | $2.93B | $3.14B | $2.63B |
| Share buybacks (net) | $206.0M | $1.50B | $3.24B | $2.50B | $17.34B | $21.60B | $19.91B | $36.64B | $11.85B | $3.84B |
| Dividend payout ratio | 33.9% | 38.1% | 42.0% | 43.1% | 51.5% | 22.3% | 30.3% | 26.5% | 87.5% | 27.8% |
| Dividends + buybacks / free cash flow | — | — | 64.6% | 72.9% | 413.6% | 179.3% | 198.5% | 307.0% | 109.8% | 53.5% |
| Capex / revenue | 82.6% | 37.0% | 13.0% | 17.4% | 10.6% | 5.3% | 4.0% | 4.2% | 4.4% | 5.4% |
| Capex / operating cash flow | 174.1% | 101.9% | 36.8% | 50.7% | 47.3% | 13.4% | 11.9% | 11.4% | 11.3% | 14.3% |
| Capex / depreciation | 5.99 | 3.44 | 1.12 | 1.42 | 1.44 | 0.73 | 0.53 | 0.57 | 0.62 | 0.82 |
| Stock-based compensation / revenue | 7.1% | 8.1% | 7.5% | 7.1% | 6.2% | 4.5% | 4.1% | 4.2% | 4.0% | 3.6% |
| R&D / revenue | 15.2% | 17.2% | 16.8% | 17.3% | 17.0% | 16.1% | 15.5% | 15.3% | 15.3% | 16.3% |
| SG&A / revenue | 14.8% | 17.9% | 18.5% | 20.8% | 22.1% | 22.1% | 23.7% | 24.7% | 24.4% | 24.5% |
| Efficiency | ||||||||||
| Days sales outstanding | 51.3 | 52.2 | 51.0 | 47.0 | 48.9 | 49.4 | 49.9 | 47.4 | 47.8 | 51.7 |
| Days of inventory on hand | — | — | 7.6 | 8.2 | 9.4 | 8.2 | 12.2 | 16.4 | 15.8 | 12.5 |
| Days payables outstanding | 125.3 | 80.5 | 42.9 | 33.9 | 42.4 | 32.1 | 28.0 | 25.3 | 25.5 | 27.0 |
| Cash conversion cycle (days) | -73.9 | -28.3 | 15.7 | 21.3 | 15.8 | 25.5 | 34.1 | 38.5 | 38.1 | 37.2 |
| Receivables turnover | 7.11 | 6.99 | 7.16 | 7.76 | 7.47 | 7.39 | 7.31 | 7.69 | 7.63 | 7.06 |
| Payables turnover | 2.91 | 4.53 | 8.50 | 10.76 | 8.61 | 11.37 | 13.05 | 14.42 | 14.29 | 13.51 |
| Inventory turnover | — | — | 47.92 | 44.33 | 38.93 | 44.50 | 29.90 | 22.27 | 23.09 | 29.11 |
| Asset turnover | 0.31 | 0.37 | 0.38 | 0.41 | 0.35 | 0.33 | 0.35 | 0.32 | 0.29 | 0.31 |
| Average receivables | $9.47B | $8.22B | $7.39B | $6.43B | $5.68B | $5.48B | $5.34B | $5.13B | $5.22B | $5.34B |
| Average payables | $8.04B | $3.73B | $1.78B | $1.26B | $1.03B | $691.0M | $608.5M | $554.5M | $564.0M | $551.5M |
| Average inventory | — | — | $316.0M | $306.0M | $228.0M | $176.5M | $265.5M | $359.0M | $349.0M | $256.0M |
| Intangibles / total assets | 25.0% | 39.7% | 49.0% | 53.7% | 41.4% | 35.4% | 41.2% | 45.1% | 36.7% | 37.6% |
Computed from ORCL's annual financial statements (latest annual report filed June 22, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
ORCL valuation and financial ratios
At the end of fiscal 2026 (May 31, 2026), Oracle traded at 38.5 times earnings, against a 10-year median of 30.7. Based on the latest twelve months, the trailing P/E is 20.1 and the forward P/E is 17.8. Oracle earned a return on equity of 54.3% and a return on invested capital of 13.0% in fiscal 2026. It ended the year with $156.2 billion of debt and $31.9 billion in cash and short-term investments, net debt of $124.3 billion. It returned $6.0 billion to shareholders: $5.8 billion in dividends and $206.0 million in share buybacks. The share count fell 30.9% from 4.22B to 2.92B over 9 years.
See the ORCL income statement, the ORCL chart for price history, or the ORCL stock overview for the latest quote and news.
ORCL key metrics FAQ
What is Oracle's P/E ratio?
Oracle's trailing P/E ratio is 20.1 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 17.8. At the end of fiscal 2026 it was 38.5, compared with a 10-year median of 30.7.
What is Oracle's EV/EBITDA?
Oracle's enterprise value was 23.4 times EBITDA at the end of fiscal 2026 (enterprise value $782.4 billion, EBITDA $33.5 billion); the current EV/EBITDA is 14.9.
What is Oracle's return on equity?
Oracle's return on equity (ROE) was 54.3% in fiscal 2026: net income of $17.1 billion on average shareholders' equity of $31.5 billion.
What is Oracle's ROIC?
Oracle's return on invested capital was 13.0% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Oracle have?
Oracle had total debt of $156.2 billion at the end of fiscal 2026, a debt-to-equity ratio of 3.67 and $124.3 billion of net debt (3.71 times EBITDA).
What is Oracle's dividend yield?
Oracle's forward dividend yield is 1.56%. Oracle paid $5.8 billion in dividends in fiscal 2026 ($1.99 per share), a payout ratio of 33.9%.
Does Oracle buy back its shares?
Yes. Oracle spent $206.0 million on net share repurchases in fiscal 2026 Shares outstanding changed +1.7% over the year, to 2.92B..
What is Oracle's free cash flow yield?
Oracle generated -$23.7 billion of free cash flow in fiscal 2026, a free cash flow yield of −3.6% on its market value at year-end ($658.1 billion).
What is Oracle's current ratio?
Oracle's current ratio was 1.12 at the end of fiscal 2026: current assets were 1.12 times current liabilities.