OTEX Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $22.22
Market Cap (MRQ) $5.38B
P/E (TTM) 8.6
EPS (TTM) $2.58
Revenue (TTM) $5.25B
Div Yield 5.0%
ROE (TTM) 16.2%
Debt/Equity 1.4
52W Range $20–$40

OTEX Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
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Stock splits 3
Ex-date Split Type
Jan. 25, 2017 2-for-1 Forward
Feb. 19, 2014 2-for-1 Forward
Oct. 29, 2003 2-for-1 Forward

About Open Text Corporation - Common Shares Company overview from Wikipedia

05 · wikidata

Open Text Corporation (styled as opentext) is a global software company that develops and sells information management software.

OpenText, headquartered in Waterloo, Ontario, Canada, is Canada's fourth-largest software company as of 2022.

OpenText software applications manage content and unstructured data for large companies, government agencies, and professional service firms. OpenText's main business offerings include data analytics, enterprise information management, AI, cloud solutions, security, and products that address information management requirements, including secure information management of large volumes of content, compliance with regulatory requirements, mobile and online experience management.

OpenText employs 22,900 people worldwide, and is a publicly traded company, listed on the Toronto Stock Exchange and the NASDAQ (OTEX).

History

Anouar Namouh, with the University of Waterloo professors Frank Tompa and Gaston Gonnet, founded OpenText Corporation in 1991. It grew out of OpenText Systems Inc., founded in 1989. The founders spun the company off from a University of Waterloo project that developed technology to index the Oxford English Dictionary.

Key people involved later include Tom Jenkins, who joined the company as COO in 1994, and later became president and chief executive officer. John Shackleton served as president from 1998 to 2011 and as CEO from 2005 to 2011. Mark J. Barrenechea became the president and CEO of OpenText in 2012. Barrenechea was named Canadian Business CEO of the Year in 2015. In January 2016, Barrenechea became Chief Technology Officer. From January 2016, Steve Murphy served as the President; however, the company eliminated the position in Q1 2017.

In October 2012, it was announced that OpenText would support the University of Waterloo Stratford Campus, by contributing both funds and in-kind services to the school.

In July 2020, OpenText partnered with cybersecurity company NINJIO. The collaboration strengthens security awareness with videos showcasing detection of phishing emails and inappropriate URLs.

In February 2024, OpenText joined the Joint Cyber Defense Collaborative (JCDC), a United States Government cybersecurity initiative. The JCDC aims to improve cybersecurity readiness for the U.S. and its international partners. OpenText announced it would be providing a range of services and insights into safeguarding sensitive information.

In January 2025, it was announced that OpenText was chosen as one of Canada's Top Employers for Young People for 2025, as well as one of Canada's Most Responsible Companies of 2025.

OpenText suspended its business in Russia in 2022 after having made donations to support humanitarian efforts in Ukraine. The company stated it would only resume business when "the war ends and sanctions are lifted." In 2025, OpenText was declared an undesirable organization in Russia.

In August 2025, James McGourlay was appointed as the interim CEO of OpenText, replacing Mark Barrenechea.

In April 2026, Ayman Antoun was appointed CEO of OpenText.

Acquisitions and divestitures

OpenText has acquired several businesses over the past two decades, beginning with IXOS Software AG in 2003, followed by Artesia in 2004. Other notable acquisitions include Hummingbird Ltd. in 2006 for $489 million, Captaris Inc. in 2008 for $131 million, and Vignette Corporation in 2009 for $321 million in cash and stock.

In the early 2010s, it acquired StreamServe Inc. for $71 million, EasyLink (2012) for $232 million, and GXS Inc., which had previously acquired Inovis, integrating the latter into the OpenText Business Network, which later acquired Inovis. In 2014, OpenText purchased Cordys for $33 million, and Actuate of San Mateo, California. The following year, it acquired Daegis for $13.5 million.

After Hewlett-Packard split into two companies, HP Enterprise and HP Inc., OpenText acquired HP customer experience content management from HP Inc. for approximately $170 million in April 2016. On September 12, 2016, OpenText further expanded its share of the enterprise content management software market by buying that division of Dell EMC, which included Documentum, for US$1.6 billion. OpenText had originally had Documentum and Hummingbird, Ltd., as its chief competitors in this space, but this acquisition brought the long-time third competitor in Documentum under one corporate roof. Also in 2016, OpenText acquired Recommind after previously engaging with the company as a strategic partner.

In 2017, OpenText acquired both Guidance Software for US$240 million, and Covisint for US$103 million, which they integrated into their OpenText Business Network. In 2018, OpenText acquired Liaison Technologies for US$310 million and integrated Liaison into their OpenText ALLOY Platform.

By early February 2019, OpenText acquired Catalyst Repository Systems. That same year, OpenText also acquired Carbonite Inc. (including Webroot and Mozy, which Carbonite Inc. had earlier acquired) for approximately US$1.45 billion. The following year, OpenText acquired Xmedius for US$75 million.

OpenText announced the planned acquisition of Zix Corp for US$860 million, and in November 2021, OpenText completed the acquisition of Bricata enabling next-generation Network Detection & Response (NDR) technology to the OpenText Security and Protection Cloud.

In 2022, OpenText announced it would acquire British software firm Micro Focus in a deal valued at US$6 billion, which finalized in January 2023. With the acquisition, OpenText also acquired a number of companies under Micro Focus, including Borland, HPE Software, and Interset.

In May 2024, OpenText divested its Application Modernization and Connectivity (AMC) business (former Micro Focus unit) to Rocket Software for US$2.28 billion.

In October 2025, OpenText announced the sale of its eDOCS business unit to NetDocuments for $163 million in cash.

Products

OpenText's products include enterprise content management (OpenText Content Suite, OpenText Extended ECM, OpenText Documentum Content Management), Business Network, customer experience management (OpenText Customer Experience Platform), digital process automation (OpenText Process Automation), discovery (OpenText eDiscovery and Investigations), security (OpenText Forensic (EnCase), OpenText Carbonite and Webroot solutions, OpenText NetIQ, OpenText ArcSight, OpenText Voltage, OpenText Fortify), and AI and analytics (OpenText Magellan Product Suite).

OpenText announced cloud-native containerized versions of many of the company's software applications in April 2020.

Documentum

OpenText Documentum is a secure information management platform, named after the company Documentum that originally developed the software suite. In 2003, EMC acquired Documentum for $1.7 billion. In 2016, EMC was acquired by Dell, becoming Dell EMC. Subsequently, all of the Documentum intellectual property was sold to OpenText Corporation.

Content Suite Platform

In 1996, the product originally called "Livelink" became OpenText's. Between 2003 and 2005, "Livelink" evolved from being the name of a single product to being a brand applied to the names of several OpenText software products. As a result of this change, "Livelink Server" became known as "Livelink Enterprise Server" (LES) and later "Livelink ECM. In 2012, OpenText introduced the OpenText Content Suite. Then the technology component formerly known as Livelink ECM – Enterprise Server became known as OpenText Content Server, which is now a key component of OpenText Content Suite Platform.

Magellan

In July 2017, OpenText launched its artificial intelligence (AI) and analytics platform, OpenText Magellan, at the company's Enterprise World conference. The platform enabled consumers to use open-source software and algorithms, and for companies to build their own models.

RightFax

OpenText RightFax provides network-based fax functionality to enterprise organizations and has evolved through many versions since it was first released in 1992.

OpenText Intelligent Capture (formerly Captiva)

Captiva Software became a subsidiary of OpenText in 2017. It makes software for document information processing and data capture from paper and electronic documents and provides related services. Information in the form of extracted content and files is acquired in the Captiva Solution and then delivered for storage or workflow into document management systems such as those from Documentum, OpenText, Microsoft, or IBM. In 2019, Captiva was rebranded as OpenText Intelligent Capture.

OpenText AppEnhancer (formerly ApplicationXtender)

OpenText AppEnhancer is a content management system that manages, organizes, and stores information from an application or as an extension to an existing application. The product was acquired during OpenText's purchase of Dell EMC's ECD (Enterprise Content Division) in 2017.

OpenText Aviator

OpenText Aviator is a generative-AI solution. The product uses large language models (LLMs) and private data sets to solve industry-specific issues such as cybersecurity or DevOps through private business data management. OpenText Aviator includes business functions that provide a virtual agent for OpenText Service Management Automation X, software delivery optimization, and information retrieval in the workplace. The product also brings GenAI to Customer Communications Management and the company's supply chain platform.

Cloud Editions

Cloud Editions (CE) represents OpenText's flagship SaaS suite of solutions for enterprise information management, integrating content management, B2B network, cybersecurity, DevOps, and analytics in a cloud-native model. In November 2024, update 24.4 introduced new AI capabilities with the addition of over 100 AI agents to the platform. To demonstrate the value of the platform, the company released a program, "Earn Your Wings," that allowed organizations to test OpenText Aviator before completing a full deployment.

In April 2025, OpenText launched Titanium X, its strategic roadmap, through CE 25.2 to bring AI support to IT operations, cybersecurity, content services, application development, and customer communications.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

sectorTechnology industryTechnology employees19,900 countryCA

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$5.25B
2017-06-30 → 2026-06-30
EPS$2.58
2017-06-30 → 2026-06-30
Free Cash Flow$808M
2017-06-30 → 2026-06-30
Net margin12.3%
2017-06-30 → 2026-06-30
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend OTEX 5Y avg Peer Median Verdict
P/E (TTM) 8.65Y avg ≈28.8 ≈28.8 · ·
P/S (TTM) 1.05Y avg ≈1.9 ≈1.9 · ·
P/B (MRQ) 1.35Y avg ≈2.1 ≈2.1 · ·
EV / EBITDA 9.45Y avg ≈19.0 ≈19.0 · ·
Price / FCF (TTM) 6.75Y avg ≈11.2 ≈11.2 · ·
Price / Cash Flow (TTM) 5.35Y avg ≈9.5 ≈9.5 · ·
EV / Revenue 1.95Y avg ≈2.9 ≈2.9 · ·
EV / FCF 12.65Y avg ≈18.1 ≈18.1 · ·
Price / Tangible Book (MRQ) 2.1 · · ·
PEG Ratio ≈0.5 · · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

13
Dividend Yield5.0%
Payout Ratio41.7%
Annualized Payout≈$1.12Paid quarterly
5Y Div CAGR≈9.0%Per share, split-adjusted
Growth Streak≈5Consecutive years of dividend growth
Ex-dateAmountCurrencyYield
Sep 4, 2026$0.28USD≈4.6%
Jun 5, 2026$0.28USD≈4.8%
Mar 6, 2026$0.28USD≈4.3%
Dec 5, 2025$0.28USD≈3.2%
Sep 5, 2025$0.28USD≈3.2%
Jun 6, 2025$0.26USD≈3.8%
Mar 7, 2025$0.26USD≈3.9%
Nov 29, 2024$0.26USD≈3.4%
Aug 30, 2024$0.26USD≈3.2%
May 31, 2024$0.25USD≈3.4%
Feb 29, 2024$0.25USD≈2.6%
Nov 30, 2023$0.25USD≈2.5%
Aug 31, 2023$0.25USD≈2.4%
Jun 1, 2023$0.24USD≈2.3%
Mar 2, 2023$0.24USD≈2.8%
Dec 1, 2022$0.24USD≈3.2%
Sep 1, 2022$0.24USD≈3.0%
Jun 2, 2022$0.22USD≈2.1%
Mar 3, 2022$0.22USD≈2.0%
Dec 2, 2021$0.22USD≈1.8%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise 10.1%
PeriodReportEPS ActualEPS EstSurprise
Dec. 31, 2026 $1.23 $1.08 14.2%
June 30, 2026 $1.23 $1.07 14.5%
March 31, 2026 $1.01 $0.94 7.5%
Dec. 31, 2025 $1.13 $1.04 9.1%
Sept. 30, 2025 $1.01 $0.94 7.5%
June 30, 2025 $1.13 $1.04 9.1%
March 31, 2025 $0.82 $0.75 8.6%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 15
Metric Trend 202620252024202320222021202020192018201720162015
Revenue $5.25B$5.17B$5.77B$4.48B$3.49B$3.39B$3.11B$2.87B$2.82B$2.29B$1.82B$1.85B
Cost of Revenue $1.38B$1.43B$1.58B$1.32B$1.06B$1.03B$1.00B$931M$951M$762M$574M$598M
Gross Profit $3.87B$3.73B$4.19B$3.17B$2.43B$2.35B$2.11B$1.94B$1.86B$1.53B$1.25B$1.25B
SG&A Expense $437M$428M$577M$420M$317M$264M$238M$208M$205M$170M$140M$163M
Operating Expenses $2.79B$2.84B$3.30B$2.65B$1.79B$1.61B$1.60B$1.37B$1.36B$1.17B$882M$905M
Operating Income $1.08B$893M$887M$516M$645M$741M$504M$567M$507M$355M$369M$349M
Other Non-op $2M$712.0K$-442.0K$469.0K$499.0K$-190.0K$1M$818.0K$-5.0K$16M$-1M$-28M
Pretax Income $859M$482M$729M$221M$516M$651M$345M$441M$386M$250M$291M$266M
Income Tax $216M$46M$264M$71M$119M$340M$111M$155M$144M$-776M$6M$32M
Net Income $643M$436M$465M$150M$397M$311M$234M$286M$242M$1.03B$284M$234M
EPS (Basic) $2.58$1.66$1.71$0.56$1.46$1.14$0.86$1.06$0.91$4.04$1.17$0.96
EPS (Diluted) $2.58$1.65$1.71$0.56$1.46$1.14$0.86$1.06$0.91$4.01$1.17$0.95
Shares (Basic) 249,026,000263,274,000271,548,000270,299,000271,271,000272,533,000270,847,000268,784,000266,085,000253,879,000242,926,000244,184,000
Shares (Diluted) 249,373,000263,650,000272,588,000270,451,000271,909,000273,479,000271,817,000269,908,000267,492,000255,805,000244,076,000245,914,000
EBITDA $1.08B$893M$887M$516M$645M$741M$504M$1.04B$962M$699M$611M$589M
Balance Sheet 25
Metric Trend 202620252024202320222021202020192018201720162015
Cash & Equivalents $956M$1.16B$1.28B$1.23B$1.69B$1.61B$1.69B$941M$683M$443M$1.28B$700M
Short-term Investments ·········$0$12M$11M
Receivables $751M$660M$626M$683M$427M$439M$466M$464M$488M$446M$286M$284M
Prepaid Expense $236M$199M$243M$222M$121M$99M$136M$97M$101M$82M$59M$53M
Current Assets $2.12B$2.20B$2.28B$2.28B$2.29B$2.20B$2.39B$1.56B$1.33B$1.00B$1.67B$1.07B
PP&E (Net) $522M$375M$368M$357M$245M$234M$245M$249M$264M$227M$184M$160M
PP&E (Gross) $1.27B$1.21B$1.12B$1.02B$833M$768M$735M$679M$588M$458M$367M$307M
Accum. Depreciation $748M$835M$751M$667M$588M$534M$491M$429M$324M$231M$183M$146M
Goodwill $7.33B$7.52B$7.49B$8.66B$5.24B$4.69B$4.67B$3.77B$3.58B$3.42B$2.33B$2.16B
Intangibles $1.48B$1.98B$2.49B$4.08B$1.08B$1.19B$1.61B$1.15B$1.30B$1.47B$646M$679M
Other Non-current Assets $301M$308M$298M$342M$257M$209M$154M$149M$111M$94M$54M$55M
Total Assets $13.11B$13.77B$14.21B$17.09B$10.18B$9.61B$10.23B$7.93B$7.77B$7.48B$5.15B$4.35B
Accounts Payable $128M$136M$151M$163M$114M$58M$41M$46M$42M$44M$36M$16M
Accrued Liabilities $220M$229M$262M$240M$81M$82M$79M$118M$109M$136M$113M$108M
Current Liabilities $2.62B$2.75B$2.80B$3.22B$1.47B$1.36B$1.90B$1.01B$995M$1.13B$671M$624M
Capital Leases $138M$190M$218M$272M$199M$224M$217M·····
Deferred Tax $140M$142M$149M$424M$66M$108M$149M$56M$80M$95M$79M$66M
Long-term Debt $5.77B$6.38B$6.39B$8.88B$4.22B$3.59B$4.19B$2.61B$2.62B$2.57B$2.15B$1.56B
Total Debt $5.77B$6.38B$6.39B$8.88B$4.22B$3.59B$4.19B$10M$10M$183M$8M$8M
Retained Earnings $2.02B$1.94B$2.12B$2.05B$2.16B$2.15B$2.16B$2.11B$1.99B$1.90B$993M$863M
Treasury Stock $124M$138M$123M$152M$160M$69M$24M$29M$19M$28M$25M$20M
AOCI $-39M$-67M$-70M$-54M$-8M$66M$18M$24M$34M$49M$46M$52M
Stockholders' Equity $4.01B$3.93B$4.20B$4.02B$4.03B$4.10B$4.01B$3.88B$3.72B$3.53B$1.98B$1.83B
Liabilities + Equity $13.11B$13.77B$14.21B$17.09B$10.18B$9.61B$10.23B$7.93B$7.77B$7.48B$5.15B$4.35B
Shares Outstanding 242,126,460254,784,391267,800,517270,902,571269,522,639271,540,755271,863,354269,834,442267,651,084264,059,567242,809,354122,293,986
Cash Flow 18
Metric Trend 202620252024202320222021202020192018201720162015
D&A ·······$471M$457M$346M$242M$240M
Stock-based Comp $81M$105M$140M$130M$70M$52M$30M$27M$28M$31M$26M$22M
Deferred Tax $-26M$-139M$-142M$-150M$-36M$73M$51M$47M$90M$-871M$-54M$-15M
Amort. of Intangibles $289M$322M$432M$326M$217M$217M$220M$190M$186M$131M$74M$81M
Other Non-cash ·······$46M$-107M$-91M$27M$41M
Operating Cash Flow $1.01B$831M$968M$779M$982M$876M$955M$876M$708M$440M$526M$523M
CapEx $199M$143M$159M$124M$93M$64M$73M$64M$105M$80M$70M$77M
Investing Cash Flow $117M$-154M$2.06B$-5.65B$-971M$-69M$-1.47B$-465M$-444M$-2.19B$-361M$-398M
Debt Issued ·$0$0$4.93B$1.50B$0$3.15B$0$1.20B$482M$600M$800M
Net Debt Issued $-649M$-36M$-2.57B$4.72B$640M$-610M$1.44B$-10M$50M$199M$-8M$-530M
Stock Issued $56M$35M$67M$39M$67M$80M$67M$58M$76M$36M$20M$15M
Stock Repurchased $416M$413M$150M$0$177M$119M$0$26M$0$8M$11M$10M
Net Stock Activity $-360M$-378M$-83M$39M$-110M$15M$54M$31M$76M$36M$20M$5M
Dividends Paid $268M$272M$267M$260M$238M$211M$189M$169M$146M$121M$99M$88M
Financing Cash Flow $-1.32B$-835M$-2.96B$4.40B$138M$-925M$1.27B$-148M$-24M$910M$430M$171M
Net Change in Cash $-201M$-125M$49M$-462M$86M$-87M$754M$260M$238M$-839M$584M$272M
Taxes Paid $300M$412M$295M$202M$117M$400M$95M$81M$73M$83M$40M$26M
Free Cash Flow $808M$687M$808M$655M$889M$812M$882M$812M$605M$360M$456M$446M
Profitability 8
Metric Trend 202620252024202320222021202020192018201720162015
Gross Margin 73.7%72.2%72.6%70.6%69.6%69.5%67.7%67.6%66.2%66.7%68.5%67.5%
Operating Margin 20.6%17.3%15.4%11.5%18.4%21.9%16.2%19.8%17.9%15.4%20.2%18.8%
Net Margin 12.3%8.4%8.1%3.4%11.4%9.2%7.5%10.0%8.6%44.8%15.6%12.7%
Pretax Margin 16.4%9.3%12.6%4.9%14.8%19.2%11.1%15.4%13.7%10.9%15.9%14.4%
EBITDA Margin 20.6%17.3%15.4%11.5%18.4%21.9%16.2%36.2%34.2%30.5%33.5%31.8%
ROA 4.8%3.1%3.0%1.1%4.0%3.1%2.6%3.6%3.2%16.2%6.0%5.7%
ROE 16.2%10.7%11.3%3.7%9.8%7.7%5.9%7.5%6.7%37.2%14.9%13.5%
ROIC 8.3%7.8%5.3%2.7%6.0%4.6%4.2%9.4%8.5%39.1%18.1%16.7%
Liquidity & Solvency 4
Metric Trend 202620252024202320222021202020192018201720162015
Current Ratio 0.80.80.80.71.61.61.31.51.30.92.51.8
Quick Ratio 0.70.70.70.61.41.51.11.41.20.82.41.6
Debt / Equity 1.41.61.52.21.00.91.00.00.00.10.00.0
LT Debt / Equity 1.41.61.52.11.00.90.9·····
Efficiency 2
Metric Trend 202620252024202320222021202020192018201720162015
Asset Turnover 0.40.40.40.30.40.30.30.40.40.40.40.4
Receivables Turnover 7.48.08.88.18.17.56.76.06.06.36.46.4
Per Share 6
Metric Trend 202620252024202320222021202020192018201720162015
Book Value / Share $16.58$15.42$15.68$14.84$14.96$15.09$14.73$14.39$13.88$13.38$16.30$14.96
Revenue / Share $21.04$19.60$21.17$16.58$12.85$12.38$11.44$10.63$10.52$8.96$14.95$15.06
Cash Flow / Share $4.04$3.15$3.55$2.88$3.61$3.20$3.51$3.25$2.65$1.72$4.31$4.25
Cash / Share $3.95$4.54$4.78$4.55$6.28$5.92$6.23$3.49$2.55$1.68$10.57$5.72
Dividend / Share $1.10$1.05$1.00$0.97$0.88$0.78$0.70$0.63$0.55$0.48$0.41$0.36
EPS (TTM) $2.58$1.65$1.71$0.56$1.46$1.14$0.86$1.06$0.91$4.01$1.17$0.95
Growth Rates 10
Metric Trend 202620252024202320222021202020192018201720162015
Revenue YoY 1.5%-10.4%28.6%28.4%3.2%8.9%······
Revenue CAGR 3Y 5.4%13.9%19.4%13.0%········
Revenue CAGR 5Y 9.2%10.7%··········
EPS YoY 56.4%-3.5%205.4%-61.6%28.1%32.6%······
EPS CAGR 3Y 66.4%4.2%14.5%-13.3%········
EPS CAGR 5Y 17.8%13.9%··········
Net Income YoY 47.5%-6.3%209.3%-62.1%27.8%32.6%······
Net Income CAGR 3Y 62.3%3.1%14.4%-13.7%········
Net Income CAGR 5Y 15.7%13.2%··········
Dividends Paid CAGR 5Y 5.0%7.5%··········
Valuation (TTM) 16
Metric Trend 202620252024202320222021202020192018201720162015
Revenue TTM $5.25B$5.17B$5.77B$4.48B$3.49B$3.39B$3.11B$2.87B$2.82B$2.29B$1.82B$1.85B
Net Income TTM $643M$436M$465M$150M$397M$311M$234M$286M$242M$1.03B$284M$234M
Market Cap $5.36B$7.44B$8.04B$11.26B$10.20B$13.79B$11.55B$11.12B$9.42B$8.33B$3.59B$2.48B
Enterprise Value $10.18B$12.66B$13.16B$18.91B$12.72B$15.78B$14.05B$10.19B$8.75B$8.07B$2.30B$1.78B
P/E 8.617.717.674.225.944.649.438.938.77.925.321.3
P/S 1.01.41.42.52.94.13.73.93.33.62.01.3
P/B 1.31.91.92.82.53.42.92.92.52.41.81.4
P / Cash Flow 5.39.08.314.410.415.712.112.713.319.06.84.7
P / FCF 6.610.810.017.211.517.013.113.715.623.27.95.6
EV / EBITDA 9.414.214.836.619.721.327.99.89.111.53.83.0
EV / FCF 12.618.416.328.814.319.415.912.514.522.45.14.0
EV / Revenue 1.92.42.34.23.64.74.53.63.13.51.31.0
Dividend Yield 5.0%3.6%3.3%2.3%2.3%1.5%1.6%1.5%1.6%1.5%2.8%3.5%
Earnings Yield 11.7%5.7%5.7%1.4%3.9%2.2%2.0%2.6%2.6%12.7%4.0%4.7%
Payout Ratio 41.7%62.3%57.5%172.6%59.9%67.8%80.6%59.1%60.1%11.8%34.9%37.4%
Annual Payout $268M$272M$267M$260M$238M$211M$189M$169M$146M$121M$99M$88M

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2026-06-302025-06-302024-06-302023-06-302022-06-30
Revenue $5.25B $5.17B $5.77B $4.48B $3.49B
Gross Margin % 73.7% 72.2% 72.6% 70.6% 69.6%
Operating Margin % 20.6% 17.3% 15.4% 11.5% 18.4%
Net Income $643M $436M $465M $150M $397M
Diluted EPS $2.58 $1.65 $1.71 $0.56 $1.46

Institutional owners (13F) 304 filers · $5.7B total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 304
Value held $5.7B
New positions 50
Exited positions 59
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
50 (-4 vs prior Q) 59 (+6 vs prior Q) 112 (-17 vs prior Q) 91 (+10 vs prior Q) +15.2M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
JARISLOWSKY, FRASER Ltd $790,736,244 21,150,154 13.82% Shares
1832 Asset Management L.P. $554,680,167 25,041,994 9.70% Shares
FIL Ltd $423,513,239 19,135,000 7.40% Shares
VANGUARD GROUP INC $378,231,575 11,613,952 6.61% Shares
BRANDES INVESTMENT PARTNERS, LP $289,322,155 13,061,929 5.06% Shares
MANUFACTURERS LIFE INSURANCE COMPANY, THE $266,599,183 12,041,601 4.66% Shares
LETKO, BROSSEAU & ASSOCIATES INC $195,533,493 8,837,628 3.42% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $184,869,021 8,350,918 3.23% Shares
ROYAL BANK OF CANADA $179,116,000 8,086,541 3.13% Shares
FIRST TRUST ADVISORS LP $159,716,210 7,215,231 2.79% Shares
VANGUARD CAPITAL MANAGEMENT LLC $158,130,480 7,144,557 2.76% Shares
GUARDIAN CAPITAL LP $112,789,254 5,097,794 1.97% Shares
MACKENZIE FINANCIAL CORP $111,650,589 3,556,884 1.95% Shares
MORGAN STANLEY $97,038,017 4,380,947 1.70% Shares
DIMENSIONAL FUND ADVISORS LP $92,978,049 4,197,707 1.63% Shares
NATIONAL BANK OF CANADA /FI/ $81,488,813 3,703,717 1.42% Shares
NORGES BANK $71,812,989 3,247,878 1.26% Shares
CIBC WORLD MARKET INC. $70,939,189 3,207,970 1.24% Shares
Value Partners Investments Inc. $53,364,745 2,415,779 0.93% Shares
BANK OF MONTREAL /CAN/ $50,714,258 2,293,648 0.89% Shares
Amundi $50,060,594 2,260,072 0.88% Shares
VANGUARD FIDUCIARY TRUST CO $48,198,304 2,177,667 0.84% Shares
BlackRock, Inc. $46,143,886 2,083,245 0.81% Shares
GEODE CAPITAL MANAGEMENT, LLC $45,515,412 1,676,815 0.80% Shares
TD Waterhouse Canada Inc. $45,231,565 1,977,244 0.79% Shares
NEW SOUTH CAPITAL MANAGEMENT INC $44,920,732 2,028,024 0.79% Shares
TD Asset Management Inc $44,822,619 2,025,871 0.78% Shares
GOLDMAN SACHS GROUP INC $42,859,469 1,934,965 0.75% Shares
Vanguard Global Advisers, LLC $41,714,928 1,884,739 0.73% Shares
CANADA PENSION PLAN INVESTMENT BOARD $40,559,479 1,834,379 0.71% Shares
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND $39,801,352 1,800,000 0.70% Shares
MILLENNIUM MANAGEMENT LLC $39,016,989 1,763,473 0.68% Shares
Grantham, Mayo, Van Otterloo & Co. LLC $36,896,582 1,666,909 0.64% Shares
JANE STREET GROUP, LLC $36,801,561 1,661,470 0.64% Shares
MANGROVE PARTNERS IM, LLC $36,270,891 1,637,946 0.63% Shares
JUPITER ASSET MANAGEMENT LTD $35,398,185 1,599,910 0.62% Shares
INTACT INVESTMENT MANAGEMENT INC. $33,702,505 1,522,840 0.59% Shares
Legal & General Group Plc $31,319,059 1,415,546 0.55% Shares
Invesco Ltd. $28,458,521 1,284,809 0.50% Shares
BANK OF NOVA SCOTIA $27,194,410 1,228,764 0.48% Shares
EASTERLY INVESTMENT PARTNERS LLC $21,201,692 957,187 0.37% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $20,386,829 921,434 0.36% Shares
BANK OF AMERICA CORP /DE/ $18,620,154 840,639 0.33% Shares
TORONTO DOMINION BANK $17,194,513 777,658 0.30% Shares
UBS Group AG $16,561,157 747,682 0.29% Shares
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO $16,130,284 728,374 0.28% Shares
Qube Research & Technologies Ltd $16,113,667 727,480 0.28% Shares
NEUBERGER BERMAN GROUP LLC $15,626,788 706,292 0.27% Shares
Federation des caisses Desjardins du Quebec $14,626,672 663,806 0.26% Shares
BARCLAYS PLC $14,485,834 653,988 0.25% Shares

Show all 304 institutional owners →

Activists & 5%+ owners 4 positions

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Open Text Corporation ×8 filings Nov. 29, 2021 · Initial filing · SEC
Open Text Corporation (2) ×2 filings July 5, 2012 · Initial filing M&A / sale SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Nov. 23, 2005 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Feb. 13, 2004 · Initial filing Passive investment SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 34 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
PID · Invesco Exchange-Traded Fund Trust 2.39% 896,881 SH Oct. 2, 2026 Daily
FIVA · Fidelity Covington Trust 1.04% 240,054 NS July 31, 2026 N-PORT
FOWF · Pacer Funds Trust 0.69% 4,310 NS July 31, 2026 N-PORT
QQQS · Invesco Exchange-Traded Fund Trust … 0.47% 4,812 SH Oct. 2, 2026 Daily
TDVI · First Trust Exchange-Traded Fund IV 0.44% 91,259 NS July 31, 2026 N-PORT
ICOW · Pacer Funds Trust 0.40% 286,545 NS July 31, 2026 N-PORT
IPKW · Invesco Exchange-Traded Fund Trust … 0.35% 84,981 SH Oct. 2, 2026 Daily
DISV · Dimensional ETF Trust 0.32% 631,630 NS July 31, 2026 N-PORT
FIDI · Fidelity Covington Trust 0.20% 28,892 NS July 31, 2026 N-PORT
ISCF · iShares Trust 0.19% 58,050 SH Sept. 11, 2026 Daily
DFIS · Dimensional ETF Trust 0.19% 426,371 NS July 31, 2026 N-PORT
IGV · iShares Trust 0.19% 1,107,592 SH Sept. 11, 2026 Daily
PNQI · Invesco Exchange-Traded Fund Trust 0.15% 34,568 SH Oct. 2, 2026 Daily
IGRO · iShares Trust 0.11% 61,241 SH Sept. 11, 2026 Daily
PIEL · Pacer Funds Trust 0.08% 37 NS July 31, 2026 N-PORT
DXIV · Dimensional ETF Trust 0.05% 4,100 NS July 31, 2026 N-PORT
WSML · iShares Trust 0.05% 14,962 SH Sept. 11, 2026 Daily
DFSI · Dimensional ETF Trust 0.04% 20,230 NS July 31, 2026 N-PORT
DFIC · Dimensional ETF Trust 0.04% 260,250 NS July 31, 2026 N-PORT
PXF · Invesco Exchange-Traded Fund Trust … 0.04% 50,626 SH Oct. 2, 2026 Daily
DFAX · Dimensional ETF Trust 0.04% 180,838 NS July 31, 2026 N-PORT
VYMI · VANGUARD WHITEHALL FUNDS 0.03% 278,706 SH Aug. 19, 2026 Daily
JFLI · J.P. Morgan Exchange-Traded Fund Tr… 0.03% 472 NS July 31, 2026 N-PORT
IGM · iShares Trust 0.02% 113,851 SH Sept. 11, 2026 Daily
DFAI · Dimensional ETF Trust 0.02% 151,154 NS July 31, 2026 N-PORT
VEA · VANGUARD TAX-MANAGED FUNDS 0.02% 2,393,409 SH Aug. 19, 2026 Daily
VSGX · VANGUARD WORLD FUND 0.02% 49,893 SH Aug. 19, 2026 Daily
IXN · iShares Trust 0.02% 82,256 SH Sept. 11, 2026 Daily
IDEV · iShares Trust 0.02% 258,866 SH Sept. 11, 2026 Daily
IXUS · iShares Trust 0.01% 333,576 SH Sept. 11, 2026 Daily
VXUS · VANGUARD STAR FUNDS 0.01% 3,638,710 SH Aug. 19, 2026 Daily
VEU · VANGUARD INTERNATIONAL EQUITY INDEX… 0.01% 575,989 SH Aug. 19, 2026 Daily
TLTD · FlexShares Trust 0.01% 1,617 NS July 31, 2026 N-PORT
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.00% 207,295 SH Aug. 19, 2026 Daily

OTEX Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 9 analysts BUY
Median target $27.00 +21.5%
2 22.2% Strong Buy
4 44.4% Buy
3 33.3% Hold
0 0.0% Sell
0 0.0% Strong Sell

12-Month Price Target

11 analysts · 2026-09-28

Mean target $27.95 +25.8%

← Below all targets Current price $22.22
Low$25.00 Mean$27.95 High$33.00

Latest News Recent headlines mentioning this company

23

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Source: SEC 10-K filed Aug 6, 2026