Aspen Technology

AspenTech is a leading supplier of software that optimizes process manufacturing – including oil and gas, petroleum, chemicals, pharmaceuticals and other industries that manufacture and produce products from a chemical process. The Company's software, aspenONE, enables process industry companies to optimize their engineering, manufacturing, and supply chain operations. As a result, AspenTech customers are better able to increase capacity, improve margins, reduce costs, become more energy efficient, and achieve operational excellence goals.

AspenTech software tackles the most complex challenges for manufacturers in capital-intensive industries, creating value and improving profitability for its customers. With integrated aspenONE software, customers can better design, operate and maintain their complex manufacturing environments.

Company Growth (employees)
Type
Public
HQ
Burlington, US
Founded
1981
Size (employees)
1,396 (est)
Aspen Technology was founded in 1981 and is headquartered in Burlington, US

Aspen Technology Office Locations

Aspen Technology has an office in Burlington
Burlington, US (HQ)
200 Wheeler Rd

Aspen Technology Data and Metrics

Aspen Technology Financial Metrics

Aspen Technology's revenue was reported to be $119.3 m in Q3, 2017
USD

Revenue (Q3, 2017)

119.3 m

Gross profit (Q3, 2017)

107 m

Gross profit margin (Q3, 2017), %

90%

Net income (Q3, 2017)

107.8 m

EBIT (Q3, 2017)

52.3 m

Market capitalization (18-Aug-2017)

4.5 b

Cash (31-Mar-2017)

84.6 m
Aspen Technology's current market capitalization is $4.5 b.
USDFY, 2014FY, 2015FY, 2016

Revenue

391.5 m440.4 m472.3 m

Revenue growth, %

13%7%

Cost of goods sold

52.7 m49.6 m48.6 m

Gross profit

338.8 m390.8 m423.7 m

Gross profit Margin, %

87%89%90%

Sales and marketing expense

94.8 m92.7 m91.5 m

R&D expense

68.4 m69.6 m67.2 m

General and administrative expense

45.8 m48.7 m53.7 m

Operating expense total

209 m211 m212.4 m

EBIT

129.7 m179.8 m211.4 m

EBIT margin, %

33%41%45%

Interest expense

37 k30 k1.2 m

Interest income

1.1 m487 k441 k

Pre tax profit

128.5 m179.5 m210.6 m

Income tax expense

42.8 m61.1 m70.7 m

Net Income

85.8 m118.4 m140 m
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Revenue

107.1 m107.8 m111.3 m120.3 m119.2 m119.2 m120.1 m119.9 m119.3 m

Cost of goods sold

12.4 m12.3 m12.3 m13 m11.9 m12 m11.5 m11.6 m12.3 m

Gross profit

94.7 m95.5 m99 m107.3 m107.3 m107.2 m108.5 m108.4 m107 m

Gross profit Margin, %

88%89%89%89%90%90%90%90%90%

R&D expense

16.3 m16 m20.3 m16.6 m16 m17.8 m18.6 m18.6 m20.3 m

General and administrative expense

12.2 m10.2 m13.8 m12.9 m13.8 m15.6 m13.2 m11.9 m12.1 m

Operating expense total

28.5 m26.2 m34.1 m29.5 m29.8 m33.4 m31.8 m30.5 m32.5 m

EBIT

44.6 m46.5 m41.7 m55.4 m56.3 m50.7 m54.7 m56.1 m52.3 m

EBIT margin, %

42%43%37%46%47%43%46%47%44%

Interest expense

(3 k)(4 k)(1 k)(1 k)(13 k)(330 k)(869 k)(892 k)(959 k)

Interest income

135 k132 k122 k82 k71 k90 k272 k216 k176 k

Pre tax profit

45 m46.4 m42.3 m56.4 m56.2 m47.8 m54.8 m56.1 m51.4 m

Income tax expense

16 m15.9 m14.1 m19.6 m19.5 m14.6 m19.8 m19.1 m15.6 m

Net Income

29 m59.4 m87.6 m36.8 m73.5 m106.6 m35 m72 m107.8 m
USDFY, 2014FY, 2015FY, 2016

Cash

199.5 m156.2 m318.3 m

Accounts Receivable

38.5 m30.7 m20.5 m

Inventories

10.6 m8.1 m13.9 m

Current Assets

329.7 m263.6 m361.3 m

Goodwill

19.3 m17.4 m23.4 m

Total Assets

408 m315.4 m419.7 m

Accounts Payable

412 k5.2 m3.6 m

Current Liabilities

266.5 m296.5 m432.6 m

Additional Paid-in Capital

591.3 m641.9 m659.3 m

Retained Earnings

(264 m)(145.6 m)(5.7 m)

Total Equity

83.7 m(48.5 m)(75 m)

Financial Leverage

4.9 x-6.5 x-5.6 x
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Cash

193.1 m158.4 m144 m129.7 m170.6 m96.9 m48.4 m67 m84.6 m

Accounts Receivable

24.8 m19.6 m28.1 m22 m14.8 m21.7 m21.8 m17.9 m35.2 m

Current Assets

308.7 m266 m258.4 m219.9 m230.2 m395 m225.7 m168.4 m147.1 m

Goodwill

18.6 m18 m17 m16.6 m16.3 m16.8 m25.3 m53 m50.9 m

Total Assets

378.2 m343.4 m317.1 m266.8 m276.4 m439.4 m289.9 m267.4 m244 m

Accounts Payable

2 m2.3 m3.4 m2.8 m3.9 m3.9 m3.8 m1.3 m4.6 m

Current Liabilities

242.6 m234 m275.9 m264.1 m234.7 m416.3 m411.7 m395 m427.3 m

Additional Paid-in Capital

595.2 m605.5 m622.3 m647.4 m652 m655.6 m646.6 m672 m679.5 m

Retained Earnings

(235.1 m)(204.6 m)(176.4 m)(108.9 m)(72.2 m)(39 m)29.3 m66.3 m102.2 m

Total Equity

70 m37.7 m(26.8 m)(63 m)(22.2 m)(35.5 m)

Financial Leverage

5.4 x9.1 x-11.8 x-4.2 x-12.5 x-12.4 x
USDFY, 2014FY, 2015FY, 2016

Net Income

85.8 m118.4 m140 m

Depreciation and Amortization

5.2 m6.2 m6.1 m

Accounts Receivable

(3.2 m)8 m9.4 m

Cash From Operating Activities

200.1 m192 m153.7 m

Purchases of PP&E

(4 m)(7.6 m)(3.5 m)

Cash From Investing Activities

(13.2 m)27.5 m47.2 m

Cash From Financing Activities

(120.2 m)(261.3 m)(38.7 m)

Interest Paid

37 k30 k963 k
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Net Income

29 m59.4 m87.6 m36.8 m73.5 m106.6 m35 m72 m107.8 m

Depreciation and Amortization

1.4 m2.9 m4.6 m1.5 m3 m4.5 m1.8 m3.3 m5 m

Accounts Receivable

15 m18.5 m10.9 m8.8 m15.7 m8.5 m(1.4 m)2.5 m(14.9 m)

Cash From Operating Activities

39.9 m73.8 m138.4 m18.4 m39.2 m108.9 m26.3 m53.4 m109 m

Cash From Investing Activities

(499 k)(4.5 m)10.6 m9.3 m30.3 m(204.6 m)(146.9 m)(108 m)(53 m)

Cash From Financing Activities

(45.3 m)(109.3 m)(202.9 m)(54 m)(54.7 m)36.6 m(149.2 m)(196.5 m)(289.8 m)

Interest Paid

3 k1 k850 k1.6 m2.5 m
USDY, 2017

Revenue/Employee

85.4 k

Aspen Technology Operating Metrics

Aspen Technology's Users was reported to be 100 k in Jun, 2017. Aspen Technology's Enterprise Customers was reported to be 2.1 k in Q1, 2017
FY, 2014Q3, 2014Q4, 2014Q1, 2015FY, 2015Q3, 2015Q4, 2015Q1, 2016FY, 2016Q3, 2016Q4, 2016Q1, 2017Jun, 2017Jun, 2017

Annual Spend

$379.5 m$384.9 m$399.9 m$411.6 m$419.3 m$423.4 m$430.3 m$430.6 m$441.4 m$446.2 m$450.1 m$451.5 m

Enterprise Customers

2 k2 k2 k2 k2.1 k2.1 k2.1 k2.1 k2.1 k2.1 k2.1 k2.1 k

Users

100 k100 k

Aspen Technology Market Value History

Aspen Technology Revenue Breakdown

Aspen Technology Median Salaries

Source: 111 public H-1B filings from Aspen Technology

Traffic Overview of Aspen Technology

Aspen Technology Online and Social Media Presence

Aspen Technology Company Life and Culture

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