Oracle Corp (ORCL)
Information Technology · Application Software · US stock · S&P 500 component
$125.54
▼ -3.59 (2.78%)
Fair valueFair
$123 −1.7% to fair value
$62fair band $105–$150$185
Day's range
$122.76 – $127.94
52-week range
$114.50 – $287.19
About Oracle Corp
Oracle sells database software, cloud infrastructure and business applications used by large organizations for finance, human resources, supply chain and customer management. It also runs a cloud platform that hosts customer workloads, including artificial intelligence training. The company earns money from cloud subscriptions, software licence support, licence sales and services, with support and cloud contracts forming the largest recurring parts. It also has a healthcare software business.
Sales came to $71.8 billion in the last twelve months, having expanded at 10.5% a year across the last three years. Its operating margin came to 32.1%, and return on invested capital was 25%. Net debt stands at 0.2 times EBITDA. The company pays a dividend, yielding 1.6%. On the site's X-Ray Score it receives 56 out of 100.
Price chart
52-wk range $114.50 – $287.19Volume 36,565,203Daily, split-adjusted
Vitals
Market cap$376.6B
52-week range$114.50 – $287.19
Volume (last day)36,565,203
P/E (TTM)19.6
EBIT / EV yield6.0%
Free-cash-flow yield-7.6%
Dividend yield1.6%
Revenue (TTM)$71.8B
Net income (TTM)$18.8B
Operating margin32.1%
Return on capital25.3%
Debt incl. leases$42.2B
Cash & securities$37.1B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies that hold large long-term investments). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$123middle half of models $105 – $140
Fair
−1.7% to fair value
Average of the 8 valuation models that pass our checks: multiples, discounted cash flow, dividend discount and earnings power value. A model more than 100% above or 60% below the price is left out as unrealistic. Model uncertainty is Medium, based on how far apart the models are. Undervalued or Overvalued means the gap to fair value is more than 17.5%.
Price $126
Undervalued < $105Fair $105 – $150Overvalued > $150
P/E multiple
$138
P/B multiple · not used
$463
P/S multiple
$133
EV/EBITDA multiple
$146
EV/EBIT multiple
$161
EV/revenue multiple
$134
5-year DCF, EBITDA exit · not used
$44
5-year DCF, revenue exit · not used
$39
Dividend discount, stable
$71
Dividend discount, multi-stage
$97
Earnings power value
$108
Growth the price implies
19.0%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.13%, equity risk premium 4.30% (Damodaran). How it works.
What this means
Weak business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Information Technology peers. Open a lens to see the numbers behind it.
Strong: 70 to 100Fair: 50 to 69Weak: under 50No score: not enough data
Valuation
Weak
49/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield6.0%
Free-cash-flow yield-7.6%
Fair value vs price1.0×
Growth
Fair
68/100
Growing at a typical pace for its sector.
See the numbers →
Revenue growth (3y)10.5%
EPS growth (3y)23.8%
Growth consistency100%
Profitability
Fair
69/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital25.3%
Operating margin32.1%
Financial health
Weak
27/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score5 / 9
Net debt / EBITDA0.2×
Interest cover4.5×
Dividends
Strong
76/100
Dividend is high and well covered by cash flow.
See the numbers →
Dividend yield1.6%
Dividend growth16.4%
Quarterly results: last 6 quarters
+11.3%
May '25
+12.2%
Aug '25
+14.2%
Nov '25
+21.7%
Feb '26
+20.6%
May '26
+29.6%
Aug '26
Revenue against the same quarter a year earlier. Latest quarter revenue $19.3B, diluted EPS $1.56.
Compare with peers
ADBE Adobe Inc.77 INTU Intuit Inc.71 FICO Fair Isaac Corp71 ADSK Autodesk, Inc.67Other Application Software companies by X-Ray Score.
SWOT analysis: Oracle Corp
Strengthsinside the company
- Return on invested capital is 25.3%, against a median of 19.7% for industry peers.
- Revenue has grown 10.5% a year over three years (median 12.9% for industry peers).
- Earnings per share have compounded at 23.8% a year over three years.
- Net debt is only 0.2x EBITDA.
Weaknessesinside the company
- Free cash flow is negative, so spending or debt has to be financed from outside.
- Altman Z-score of 1.0 is in the zone linked with financial distress in past studies.
Opportunitiesvaluation and setting
- Revenue growth picked up to 17.3% last year from 10.5% a year over three years.
- Trades at 20.0x earnings, 46% below the 37.1x median of industry peers.
- Our Market Compass rates the backdrop for Information Technology as favourable.
Threatsvaluation and setting
- The price trend is down on the daily and weekly signals.
Written by fixed rules from the figures on this page and the peer table below: filings, our fair value, the sector climate and the price trend. It summarises the data, it is not a forecast or advice.
Compare ORCL with peers and sector
Medians of 13 Application Software peers and of 74 Information Technology stocks in our universe.
Largest peers (X-Ray Score): PLTR 63, CRM 52, ADBE 77, INTU 71, DDOG 50, CDNS 49.
| Metric | ORCL | Peers | Sector |
|---|---|---|---|
| X-Ray Score (out of 100) | 56 | 58 | 50 |
| Valuation | 49 | 67 | 52 |
| Growth | 68 | 63 | 54 |
| Profitability | 69 | 61 | 49 |
| Financial health | 27 | 50 | 50 |
| Dividends | 76 | – | 50 |
Sector leaders: highest X-Ray Score in Information Technology
ORCL ranks #27 of 75 in Information Technology and #9 of 14 in Application Software by X-Ray Score. A higher score is stronger on our five pillars; it is a ranking of facts, not a forecast.
Green means better than the peer median, red worse (only where a higher or lower figure is clearly better). A dash means too few companies report the figure. P/E, EV/EBITDA and price changes are not graded: a different level is not good or bad by itself.
Factor ratings for ORCL
Each factor is rated by where ORCL stands among the 75 Information Technology stocks in our universe.
Rating against the sector
Goodthe top third of these stocks
Averagethe middle third of these stocks
Badthe bottom third of these stocks
"Beats" is the share of those stocks it is ahead of.
Against its own history
The last columns set today's figure against the company's own median of its last five financial years:
▲ Betterbetter than its usual level
▼ Worseworse than its usual level
≈ In linewithin its usual range
For valuation factors Good means cheaper than most of the sector and Better means cheaper than usual for this company, which is not the same as a bargain.
In total: 8 Good · 7 Average · 5 Bad of 20
Growth: 1 · 2 · 0
Profitability: 2 · 2 · 0
Financial strength: 1 · 0 · 3
Valuation: 2 · 2 · 1
Cash flow: 2 · 0 · 1
Efficiency: 0 · 1 · 0
| Factor | ORCL | Rating | Sector median | Own 5-year median | Against own history |
|---|---|---|---|---|---|
| Growth | |||||
| Revenue growth, 3 years a year | +10.5% | Average beats 56% | +9.7% | – | – |
| Revenue growth, last year | +17.3% | Average beats 62% | +13.7% | +8.4% | ▲ Better |
| EPS growth, 3 years a year | +23.8% | Good beats 76% | +5.9% | – | – |
| Profitability | |||||
| Operating margin | 32.1% | Good beats 71% | 20.3% | 29.0% | ▲ Better |
| Net margin | 26.2% | Good beats 71% | 17.8% | 19.8% | ▲ Better |
| Return on invested capital | 25.3% | Average beats 59% | 19.4% | – | – |
| Return on equity | 28.2% | Average beats 61% | 21.0% | 90.5% | ▼ Worse |
| Financial strength | |||||
| Net debt / EBITDA | 0.2x | Good beats 67% | 0.8x | 5.1x | ▲ Better |
| Interest cover | 4.5x | Bad beats 7% | 23.0x | 4.4x | ≈ In line |
| Current ratio | 1.17 | Bad beats 31% | 1.57 | 0.91 | ▲ Better |
| Piotroski F-score | 5 / 9 | Bad beats 21% | 6 / 9 | – | – |
| Valuation | |||||
| P/E ratio | 20.0x | Good beats 77% | 33.6x | 34.5x | ▲ Better |
| Price / book | 5.6x | Average beats 65% | 8.3x | 30.6x | ▲ Better |
| Price / sales | 5.2x | Average beats 61% | 6.9x | 6.2x | ▲ Better |
| EV / EBITDA | 16.6x | Good beats 73% | 24.7x | 28.8x | ▲ Better |
| Free cash flow yield | -7.6% | Bad beats 2% | 3.4% | 2.5% | ▼ Worse |
| Cash flow | |||||
| Free cash flow margin | -40.0% | Bad beats 1% | 22.3% | 11.8% | ▼ Worse |
| Cash from operations / net income | 2.49 | Good beats 87% | 1.39 | 1.78 | ▲ Better |
| Accruals (lower is better) | −9.3% | Good beats 81% | −4.4% | – | – |
| Efficiency | |||||
| Days sales outstanding | 58 days | Average beats 56% | 63 days | 54 days | ≈ In line |
These ratings compare companies with each other and describe the past; they are not a forecast, a recommendation or part of the X-Ray Score. A factor is left out when its data is missing or meaningless (for example a P/E on negative earnings). A dash in the history columns means fewer than three usable years.
Fundamentals checklist
● 5 Good · ● 4 Average · ● 5 BadCash quality
Earnings backed by cashGood
Free-cash-flow yieldBad
Risk models
Altman Z''Bad
Piotroski F-ScoreBad
Growth
EPS growth (3y)Good
Revenue growth (3y)Average
Growth consistencyGood
Balance sheet
Current ratioBad
Net debt / EBITDAAverage
Interest coverBad
Valuation
Fair value vs priceAverage
EBIT / EV yieldGood
Profitability
Return on invested capitalAverage
Operating marginGood
Each check is graded against the company's sector, not a fixed number. Checklist score 55/100.
Financials
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Revenue | $42.4B | $50.0B | $53.0B | $57.4B | $67.4B |
| Operating income | $10.9B | $13.1B | $15.4B | $17.7B | $20.6B |
| Net income | $6.7B | $8.5B | $10.5B | $12.4B | $17.0B |
| Operating cash flow | $9.5B | $17.2B | $18.7B | $20.8B | $32.0B |
| Operating margin | 25.7% | 26.2% | 29.0% | 30.8% | 30.6% |
| Free cash flow | $5.0B | $8.5B | $11.8B | −$394M | −$23.7B |
| Diluted EPS | $2.41 | $3.07 | $3.71 | $4.34 | $5.83 |
Fiscal years, from SEC filings.
Technical summary
Daily
Strongly bearish
3 bullish · 1 neutral · 12 bearish
Weekly
Strongly bearish
0 bullish · 1 neutral · 11 bearish
Monthly
Strongly bearish
0 bullish · 1 neutral · 7 bearish
Moving averages (daily)
| SMA 10 | 133.1 | Bearish |
| EMA 10 | 131.9 | Bearish |
| SMA 20 | 135.9 | Bearish |
| EMA 20 | 135.5 | Bearish |
| SMA 50 | 143.1 | Bearish |
| EMA 50 | 140.9 | Bearish |
| SMA 100 | 148.9 | Bearish |
| EMA 100 | 148.1 | Bearish |
| SMA 200 | 157.8 | Bearish |
| EMA 200 | 160.4 | Bearish |
Oscillators (daily)
| RSI (14) | 38.68 | Neutral |
| MACD (12, 26) | -4.14 | Bearish |
| Momentum (12) | -12.96 | Bearish |
| Stochastic %K (14) | 11.76 | Bullish |
| Williams %R (14) | -88.24 | Bullish |
| CCI (20) | -162.0 | Bullish |
Pivot points (classic, last session)
S3 117.7 | S2 120.2 | S1 122.9 | Pivot 125.4 | R1 128.1 | R2 130.6 | R3 133.2 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
2.00 USD
Yield on today's price
1.59%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 0.5000 | |
| 0.5000 | |
| 0.5000 | |
| 0.5000 | |
| 0.5000 | |
| 0.5000 | |
| 0.5000 | |
| 0.4000 | |
| 0.4000 | |
| 0.4000 | |
| 0.4000 | |
| 0.4000 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
ETFs that hold ORCL
| ETF | Share of the fund |
|---|---|
| ORCU Direxion Daily ORCL Bull 2X | 15.39% |
| IGV iShares Expanded Tech-Software Sector | 6.26% |
| TDIV First Trust NASDAQ Technology Dividend... | 5.34% |
| FDN First Trust Dow Jones Internet Index | 4.59% |
| FEPI REX FANG & Innovation Equity Premium I... | 4.23% |
| IVES Dan IVES Wedbush AI Revolution | 3.51% |
| ARTY iShares Future AI & Tech | 3.05% |
| AIQ Global X Artificial Intelligence & Tec... | 2.99% |
The eight funds with the largest weight in ORCL among the ETFs we cover, from each fund's latest SEC Form N-PORT (quarter-end positions, so they can be months old). All ETFs.
ORCL stock splits
ORCL has split its stock 7 times since 1993. The latest was a 2-for-1 split on 13 Oct 2000.
Full ORCL stock split history →ORCL SEC filings
DEF 14ASEC EDGAR
Proxy statement
8-KSEC EDGAR
Other events
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Results of operations; Other events
424B5SEC EDGAR
424B5
10-KSEC EDGAR
Annual report
8-KSEC EDGAR
Results of operations; Other events
8-KSEC EDGAR
Director or officer change; Regulation FD disclosure
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.