Amdocs (DOX) Financials: Revenue & Earnings
$6.62B
Market Cap
14.85
P/E
7.68
Forward P/E
58
Score
DOX price $61.58 -0.19 -0.31%
Stocklytics score rationale: value 79, quality 62, growth 32.
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 3718229000 | 3867155000 | 3974837000 | 4086669000 | 4169039000 | 4288640000 | 4576697000 | 4887550000 | 5004989000 | 4532913000 |
Amdocs Limited is a global provider of software solutions and associated services, operating through its various subsidiaries worldwide. The company is actively involved in the full lifecycle of its cloud-based portfolio, from designing and developing to operating, implementing, supporting, and marketing these open and modular offerings. Its diverse product lineup includes CES21, a leading customer experience suite…
DOX fair value $217.00. Price $61.58. Price is 72% below fair value.
Below fair value, and cheaper than usual. A larger discount than on 94% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 638.84M. Growth 20.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 8.70% (beta 0.8). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 107.57M. Net debt 501.40M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Model uncertainty high for this stock
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-10 | — | 1.98 | — | 1.19B |
| 2026-08-05 | 1.84 | 1.84 | 1.17B | 1.18B |
| 2026-05-13 | 1.78 | 1.77 | 1.17B | 1.17B |
| 2026-02-03 | 1.81 | 1.75 | 1.16B | 1.15B |
| 2025-11-11 | 1.83 | 1.82 | 1.15B | 1.15B |
| 2025-08-06 | 1.72 | 1.71 | 1.14B | 1.15B |
| 2025-05-07 | 1.78 | 1.71 | 1.13B | 1.16B |
| 2025-02-04 | 1.66 | 1.64 | 1.11B | 1.12B |
| 2024-11-12 | 1.70 | 1.70 | 1.26B | 1.26B |
| 2024-08-07 | 1.62 | 1.60 | 1.25B | 1.25B |
| 2024-05-08 | 1.56 | 1.57 | 1.25B | 1.25B |
| 2024-02-06 | 1.56 | 1.56 | 1.25B | 1.24B |
| 2023-11-07 | 1.42 | 1.42 | 1.24B | 1.24B |
| 2023-08-02 | 1.57 | 1.48 | 1.24B | 1.24B |
| 2023-05-10 | 1.47 | 1.47 | 1.22B | 1.22B |
| 2023-01-31 | 1.45 | 1.34 | 1.19B | 1.18B |
| 2022-11-08 | 1.29 | 1.29 | 1.17B | 1.17B |
| 2022-08-03 | 1.27 | 1.27 | 1.16B | 1.16B |
| 2022-05-11 | 1.54 | 1.25 | 1.15B | 1.13B |
| 2022-02-01 | 1.20 | 1.18 | 1.10B | 1.10B |
| 2021-11-02 | 1.16 | 1.18 | 1.09B | 1.09B |
| 2021-08-04 | 1.35 | 1.18 | 1.07B | 1.06B |
| 2021-05-12 | 1.13 | 1.13 | 1.05B | 1.04B |
| 2021-02-02 | 1.16 | 1.13 | 1.09B | 1.07B |
| 2020-11-10 | 1.23 | 1.19 | 1.05B | 1.02B |
| 2020-08-05 | 1.07 | 1.05 | 1.03B | 1.03B |
| 2020-05-07 | 1.08 | 1.06 | 1.05B | 1.03B |
| 2020-02-04 | 1.06 | 1.05 | 1.04B | 1.03B |
| 2019-11-12 | 1.08 | 1.08 | 1.03B | 1.03B |
| 2019-08-07 | 1.19 | 1.11 | 1.02B | 955.82M |
| 2019-05-14 | 1.06 | 1.03 | 1.02B | 990.80M |
| 2019-02-05 | 0.98 | 0.99 | 1.01B | 1.02B |
| 2018-11-08 | 0.99 | 0.98 | 1.00B | 1.00B |
| 2018-07-31 | 1.03 | 1.03 | 1.00B | 1.00B |
| 2018-05-10 | 0.95 | 0.95 | 992.34M | 992.30M |
| 2018-01-30 | 1.06 | 0.97 | 977.71M | 894.69M |
| 2017-11-08 | 0.94 | 0.95 | 979.72M | 990.12M |
| 2017-08-02 | 1.02 | 0.96 | 966.70M | 909.84M |
| 2017-05-09 | 0.94 | 0.93 | 966.01M | 955.72M |
| 2017-02-01 | 0.90 | 0.90 | 954.73M | 954.70M |
Yield 3.63%. Payout ratio 51.08%. Frequency Quarterly.
Safety score 95/100 · Safe. Payout ratio is 51% of earnings. Dividends use less than 40% of free cash flow. Dividends were paid in 15 separate years. Yield is 3.6%, in a range that is usually sustainable.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2026-09-30 | $0.57 | 2026-09-30 | 2026-10-30 | Quarterly |
| 2026-06-30 | $0.57 | 2026-06-30 | 2026-07-31 | Quarterly |
| 2026-03-31 | $0.57 | 2026-03-31 | 2026-04-24 | Quarterly |
| 2025-12-31 | $0.53 | 2025-12-31 | 2026-01-30 | Quarterly |
| 2025-09-30 | $0.53 | 2025-09-30 | 2025-10-31 | Quarterly |
| 2025-06-30 | $0.53 | 2025-06-30 | 2025-07-25 | Quarterly |
| 2025-03-31 | $0.53 | 2025-03-31 | 2025-04-25 | Quarterly |
| 2024-12-31 | $0.48 | 2024-12-31 | 2025-01-31 | Quarterly |
| 2024-09-30 | $0.48 | 2024-09-30 | 2024-10-25 | Quarterly |
| 2024-06-28 | $0.48 | 2024-06-28 | 2024-07-26 | Quarterly |
| 2024-03-27 | $0.48 | 2024-03-29 | 2024-04-26 | Quarterly |
| 2023-12-28 | $0.43 | 2023-12-29 | 2024-01-26 | Quarterly |
| 2023-09-28 | $0.43 | 2023-09-29 | 2023-10-27 | Quarterly |
| 2023-06-29 | $0.43 | 2023-06-30 | 2023-07-28 | Quarterly |
| 2023-03-30 | $0.43 | 2023-03-31 | 2023-04-28 | Quarterly |
| 2022-12-29 | $0.40 | 2022-12-30 | 2023-01-27 | Quarterly |
| 2022-09-29 | $0.40 | 2022-09-30 | 2022-10-28 | Quarterly |
| 2022-06-29 | $0.40 | 2022-06-30 | 2022-07-29 | Quarterly |
| 2022-03-30 | $0.40 | 2022-03-31 | 2022-04-29 | Quarterly |
| 2021-12-30 | $0.36 | 2021-12-31 | 2022-01-28 | Quarterly |
| 2021-09-29 | $0.36 | 2021-09-30 | 2021-10-29 | Quarterly |
| 2021-06-29 | $0.36 | 2021-06-30 | 2021-07-23 | Quarterly |
| 2021-03-30 | $0.36 | 2021-03-31 | 2021-04-23 | Quarterly |
| 2020-12-30 | $0.33 | 2020-12-31 | 2021-01-22 | Quarterly |
| 2020-09-29 | $0.33 | 2020-09-30 | 2020-10-23 | Quarterly |
| 2020-06-29 | $0.33 | 2020-06-30 | 2020-07-24 | Quarterly |
| 2020-03-30 | $0.33 | 2020-03-31 | 2020-04-24 | Quarterly |
| 2019-12-30 | $0.28 | 2019-12-31 | 2020-01-24 | Quarterly |
| 2019-09-27 | $0.28 | 2019-09-30 | 2019-10-25 | Quarterly |
| 2019-06-27 | $0.28 | 2019-06-28 | 2019-07-19 | Quarterly |
| 2019-03-28 | $0.28 | 2019-03-29 | 2019-04-19 | Quarterly |
| 2018-12-28 | $0.25 | 2018-12-31 | 2019-01-18 | Quarterly |
| 2018-09-27 | $0.25 | 2018-09-28 | 2018-10-19 | Quarterly |
| 2018-06-28 | $0.25 | 2018-06-29 | 2018-07-20 | Quarterly |
| 2018-03-28 | $0.25 | 2018-03-30 | 2018-04-20 | Quarterly |
| 2017-12-28 | $0.22 | 2017-12-29 | 2018-01-19 | Quarterly |
| 2017-09-28 | $0.22 | 2017-09-29 | 2017-10-20 | Quarterly |
| 2017-06-28 | $0.22 | 2017-06-30 | 2017-07-14 | Quarterly |
| 2017-03-29 | $0.22 | 2017-03-31 | 2017-04-14 | Quarterly |
| 2016-12-28 | $0.20 | 2016-12-30 | 2017-01-13 | Quarterly |
| 2016-09-28 | $0.20 | 2016-09-30 | 2016-10-21 | Quarterly |
| 2016-06-28 | $0.20 | 2016-06-30 | 2016-07-15 | Quarterly |
| 2016-03-29 | $0.20 | 2016-03-31 | 2016-04-15 | Quarterly |
| 2015-12-29 | $0.17 | 2015-12-31 | 2016-01-15 | Quarterly |
| 2015-09-28 | $0.17 | 2015-09-30 | 2015-10-16 | Quarterly |
| 2015-06-26 | $0.17 | 2015-06-30 | 2015-07-17 | Quarterly |
| 2015-03-27 | $0.17 | 2015-03-31 | 2015-04-16 | Quarterly |
| 2014-12-29 | $0.15 | 2014-12-31 | 2015-01-16 | Quarterly |
| 2014-09-26 | $0.15 | 2014-09-30 | 2014-10-17 | Quarterly |
| 2014-06-26 | $0.15 | 2014-06-30 | 2014-07-18 | Quarterly |
| 2014-03-27 | $0.15 | 2014-03-31 | 2014-04-17 | Quarterly |
| 2013-12-27 | $0.13 | 2013-12-31 | 2014-01-17 | Quarterly |
| 2013-09-26 | $0.13 | 2013-09-30 | 2013-10-18 | Quarterly |
| 2013-06-26 | $0.13 | 2013-06-28 | 2013-07-19 | Quarterly |
| 2013-03-26 | $0.13 | 2013-03-28 | 2013-04-19 | Quarterly |
| 2012-12-27 | $0.13 | 2012-12-31 | 2013-01-18 | Quarterly |
| 2012-09-26 | $0.13 | 2012-09-30 | 2012-10-19 | Quarterly |
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-01 | Rozenfeld Tal | Other | 0 | — | — |
| 2026-05-29 | Smith Matthew E. | Sell | 464 | $62.51 | 29.00K |
| 2026-05-13 | Hortig Shimie | Buy | 84.48K | — | — |
| 2026-03-31 | Hortig Shimie | Other | 0 | — | — |
| 2026-03-18 | Davis Sarah R. | Other | 0 | — | — |
| 2026-03-18 | Kanouff Yvette | Other | 0 | — | — |
| 2026-03-18 | Rapaport-Dagim Tamar | Other | 0 | — | — |
| 2026-03-18 | DE LA VEGA RAFAEL | Other | 0 | — | — |
| 2026-03-18 | Gardner Adrian | Other | 0 | — | — |
| 2026-03-18 | Gardner Adrian | Other | 0 | — | — |
| 2026-03-18 | Genish Amos | Other | 0 | — | — |
| 2026-03-18 | Gelman Eliahu Meir | Other | 0 | — | — |
| 2026-03-18 | MORALI VERONIQUE | Other | 0 | — | — |
| 2026-03-18 | MacDonald John Anthony | Other | 0 | — | — |
| 2026-03-18 | Smith Matthew E. | Other | 0 | — | — |
| 2026-03-18 | Smith Matthew E. | Other | 2.68K | $55.88 | 149.93K |
| 2026-03-18 | Smith Matthew E. | Other | 3.13K | $71.95 | 224.99K |
| 2026-03-18 | Smith Matthew E. | Other | 925 | $67.46 | 62.40K |
| 2026-03-18 | MINICUCCI ROBERT A | Other | 0 | — | — |
| 2026-03-18 | MINICUCCI ROBERT A | Other | 0 | — | — |
| 2026-03-18 | Raheja Rajat | Other | 1.56K | — | — |
Latest filed quarter: Q2 2026.
Institutions holding: 465, holders -27 vs prior quarter. Ownership 97.70%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| PZENA INVESTMENT MANAGEMENT LLC | 13.99M | 1.30M | +10.28% | 706.82M |
| FMR LLC | 10.03M | -1.39M | -12.14% | 507.03M |
| BEUTEL, GOODMAN & CO LTD. | 4.61M | -670.04K | -12.68% | 233.20M |
| BRANDES INVESTMENT PARTNERS, LP | 4.58M | -73.45K | -1.58% | 231.56M |
| LSV ASSET MANAGEMENT | 4.51M | 507.25K | +12.67% | 227.97M |
| BLACKROCK, INC. | 4.38M | 1.02M | +30.26% | 221.13M |
| DIMENSIONAL FUND ADVISORS LP | 4.10M | 632.31K | +18.25% | 207.03M |
| FEDERATED HERMES, INC. | 3.14M | 436.19K | +16.12% | 158.82M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 2.75M | 13.97K | +0.51% | 139.14M |
| AQR CAPITAL MANAGEMENT LLC | 2.63M | 342.60K | +14.98% | 132.92M |
| GEODE CAPITAL MANAGEMENT, LLC | 2.14M | 141.14K | +7.07% | 110.79M |
| NORDEA INVESTMENT MANAGEMENT AB | 1.80M | -298.14K | -14.19% | 91.64M |
| NEUBERGER BERMAN GROUP LLC | 1.80M | -7.20K | -0.40% | 90.94M |
| DIGITALBRIDGE GROUP, INC. | 1.79M | 313.79K | +21.29% | 90.36M |
| AMERICAN CENTURY COMPANIES INC | 1.46M | -8.58K | -0.59% | 73.62M |
| FIRST TRUST ADVISORS LP | 1.38M | 302.49K | +28.08% | 69.73M |
| MORGAN STANLEY | 1.37M | -8.15K | -0.59% | 69.25M |
| STIFEL FINANCIAL CORP | 1.36M | 72.96K | +5.67% | 68.72M |
| STATE STREET CORP | 1.33M | -115.61K | -8.03% | 67.73M |
| GOLDMAN SACHS GROUP INC | 1.30M | 262.15K | +25.26% | 65.70M |
| BANK OF AMERICA CORP /DE/ | 1.25M | -12.67K | -1.00% | 63.15M |
| NORTHERN TRUST CORP | 1.21M | 10.51K | +0.88% | 61.01M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 1.19M | 295.14K | +32.95% | 60.19M |
| CRAWFORD INVESTMENT COUNSEL INC | 1.19M | 55.89K | +4.94% | 59.99M |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 1.15M | -13.04K | -1.12% | 58.03M |
Amdocs Limited (DOX) trades at $61.58, with a market cap of $6.62B and a trailing P/E of 14.85. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 3718229000 | 3867155000 | 3974837000 | 4086669000 | 4169039000 | 4288640000 | 4576697000 | 4887550000 | 5004989000 | 4532913000 |
Insights · Dividends · Forecast · Financials · Learn
$6.62B
Market Cap
14.85
P/E
7.68
Forward P/E
58
Score