NICE Ltd.
Financial ratios & Valuation

Forward Multiples (2025 – 2026)

20252026
Price/Earnings ratio
11.3410.08
Price/Sales ratio
2.852.59
Earnings per Share (EPS)
$12.15$13.67

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
29.1613.1835.0838.8841.6851.8490.5596.2946.1237.5053.5441.68
Price/Sales ratio
2.973.684.034.184.596.1210.789.985.625.336.524.59
Price/Book Value ratio
2.472.412.713.183.294.266.936.794.033.794.683.29
Price/Cash Flow ratio
16.4913.9418.6114.1116.7425.7537.0141.5425.5722.5929.6816.74
Price/Free Cash Flow ratio
18.2615.0522.2817.0419.9530.8742.6348.6130.8326.5835.7919.95
Price/Earnings Growth ratio
0.320.08-0.631.854.293.4518.05302.361.421.351.633.45
Dividend Yield
1.26%1.12%0.93%0.17%N/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
62.87%67.24%66.74%64.81%65.60%66.21%65.90%67.49%68.65%67.69%68.65%65.60%
Operating Profit Margin
11.05%17.92%13.21%11.26%13.68%15.16%14.68%13.73%15.36%18.30%7.31%15.16%
Pretax Profit Margin
11.37%18.49%14.22%9.73%12.92%14.88%14.39%12.52%15.83%19.25%15.83%12.92%
Net Profit Margin
10.18%27.92%11.51%10.75%11.03%11.81%11.91%10.37%12.19%14.22%12.19%11.03%
Effective Tax Rate
10.38%17.98%14.81%-10.51%14.66%20.64%17.21%17.20%22.98%26.08%22.98%14.66%
Return on Assets
6.27%13.99%4.44%5.03%4.96%5.14%4.63%4.27%5.47%6.61%5.47%4.96%
Return On Equity
8.49%18.29%7.73%8.19%7.90%8.23%7.65%7.05%8.74%10.12%9.14%7.90%
Return on Capital Employed
8.84%11.44%6.21%6.46%7.65%8.17%7.59%7.66%9.02%10.88%4.29%8.17%
Liquidity Ratios
Current Ratio
1.331.641.071.321.370.931.85N/AN/AN/A2.111.37
Quick Ratio
1.301.621.061.301.371.261.691.492.002.061.821.37
Cash ratio
0.490.810.330.620.380.330.420.300.460.450.460.38
Days of Sales Outstanding
63.3279.4493.5271.3181.1675.7368.4275.1586.9089.8386.2981.16
Days of Inventory outstanding
12.997.455.097.012.522.32109.31249.6465.30N/AN/A2.32
Operating Cycle
76.3286.8998.6278.3383.6878.05177.73324.79152.2189.8321.2778.05
Days of Payables Outstanding
8.8314.0827.7022.9221.7520.8421.5121.1129.9031.3729.9021.75
Cash Conversion Cycle
67.4972.8070.9155.4161.9257.21156.21303.68122.3058.4556.3957.21
Debt Ratios
Debt Ratio
N/AN/A0.170.150.140.120.160.170.130.130.370.14
Debt Equity Ratio
N/AN/A0.300.250.220.200.260.290.210.190.590.22
Long-term Debt to Capitalization
N/AN/A0.220.200.180.080.140.130.130.120.150.15
Total Debt to Capitalization
N/AN/A0.230.200.180.170.200.220.170.160.200.18
Interest Coverage Ratio
1.60K2.51K61.019.4610.9412.6713.89N/AN/AN/A16.4910.94
Cash Flow to Debt Ratio
N/AN/A0.470.880.860.800.700.550.720.840.610.80
Company Equity Multiplier
1.351.301.741.621.591.591.651.651.591.531.591.59
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.180.260.210.290.270.230.290.240.210.230.210.23
Free Cash Flow / Operating Cash Flow Ratio
0.900.920.830.820.830.830.860.850.820.850.820.83
Cash Flow Coverage Ratio
N/AN/A0.470.880.860.800.700.550.720.840.610.80
Short Term Coverage Ratio
N/AN/A10.41N/AN/A1.481.841.162.292.682.152.15
Dividend Payout Ratio
37.00%14.77%32.67%6.72%N/AN/AN/AN/AN/AN/AN/AN/A