ANSYS INC

10-K & 10-Q Filings

Ansys, Inc. is a Pennsylvania-based corporation founded in 1994 that develops and globally markets engineering simulation software and services. The company's strategy, called Pervasive Insights, focuses on expanding its multiphysics portfolio, increasing the number of users, and increasing computations. Its portfolio includes capabilities for structures, electronics, fluids, semiconductors, optics, virtual reality, and photonics. The engineering software simulation market is growing due to the need for rapid, quality innovation and increasing product complexity. Ansys entered into a Merger Agreement with Synopsys, Inc. on January 15, 2024, for Synopsys to acquire Ansys. Under the terms of the agreement, each share of Ansys common stock will be cancelled and converted into 0.3450 shares of Synopsys common stock and $197.00 in cash, subject to certain exceptions. The merger is subject to customary closing conditions, including regulatory approvals and stockholder adoption of the Merger Agreement. Ansys' website is <https://www.ansys.com/> and its common stock is traded on the Nasdaq Global Select Market under the ticker symbol "ANSS."

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$691.45
798.02
861.26
936.02
942.75
988.47
1095.25
1293.64
1515.89
1681.30
1906.71
2065.55
2269.95
509.45
466.61
10.41%-8.41%Cost of Revenue (-)
$119.01
139.52
146.69
153.39
147.25
146.86
150.16
155.88
166.27
225.26
257.98
250.64
271.30
67.65
68.67
7.11%1.50%Gross Profit (+)
$572.43
658.50
714.57
782.63
795.51
841.61
945.09
1137.75
1349.62
1456.03
1648.73
1814.91
1998.65
441.80
397.94
10.98%-9.93%Selling, General & Administrative (-)
$180.36
205.18
218.91
246.38
253.60
269.51
338.64
413.58
521.20
587.71
715.38
772.87
855.13
188.58
219.64
13.85%16.47%Research & Development (-)
$108.53
132.63
151.44
165.42
168.83
183.09
202.75
233.80
298.21
355.37
404.87
433.66
494.87
120.33
128.81
13.48%7.04%Depreciation & Amortization (-)
$17.99
26.44
22.36
23.39
19.39
12.76
12.97
13.79
15.17
16.60
15.21
15.72
22.51
5.18
6.14
1.89%18.61%Non-recurring Operating Expenses (-)
$
Operating Expenses (-)
$306.88
364.25
392.70
435.19
441.83
465.36
554.36
661.18
834.58
959.68
1135.46
1222.25
1372.52
314.10
354.60
13.30%12.89%Costs & Expenses (Total) (-)
$425.89
503.76
539.40
588.57
589.07
612.22
704.52
817.06
1000.85
1184.94
1393.44
1472.89
1643.81
381.75
423.27
11.91%10.87%Operating Income/Loss (+)
$265.56
294.25
321.86
347.45
353.68
376.24
390.73
476.57
515.04
496.36
513.27
592.66
626.13
127.69
43.34
7.41%-66.06%Non-operating Income/Expense (+)
$2.63
1.95
1.80
1.47
3.41
4.29
4.97
10.51
11.00
8.56
14.49
5.38
13.15
3.90
9.99
14.35%156.04%Interest Expense (-)
$3.33
2.66
1.17
0.78
0.33
0.22
3.46
10.99
12.40
22.73
47.15
10.76
12.37
24.71%14.97%Earnings before Tax (+)
$264.86
293.55
322.49
348.14
356.76
380.31
395.69
487.08
522.58
493.93
515.35
575.32
592.14
120.84
40.96
6.93%-66.11%Tax Expense (-)
$84.18
90.06
77.16
93.45
104.24
114.68
136.44
67.71
71.29
60.04
60.73
51.60
91.73
20.22
6.18
0.72%-69.43%Income/Loss (Continuing Operations) (+)
$180.68
203.48
245.33
254.69
252.52
265.64
259.25
419.38
451.29
433.89
454.63
523.71
500.41
100.62
34.78
8.86%-65.44%Net Income/Loss (+)
$180.68
203.48
245.33
254.69
252.52
265.64
259.25
419.38
451.30
433.89
454.63
523.71
500.41
100.62
34.78
8.86%-65.44%Net Income/Loss (Common) (+)
$180.68
203.48
245.33
254.69
252.52
265.64
259.25
419.38
451.30
433.89
454.63
523.71
500.41
100.62
34.78
8.86%-65.44%EPS (Basic)
$1.96
2.20
2.65
2.77
2.82
3.05
3.05
4.99
5.36
5.05
5.22
6.02
5.76
1.16
0.40
9.40%-65.52%EPS (Diluted)
$1.91
2.14
2.58
2.70
2.76
2.99
2.98
4.88
5.25
4.97
5.16
5.99
5.73
1.15
0.40
9.59%-65.22%Weighted Avg Shares (Basic)
92.12
92.62
92.69
92.07
89.56
87.23
84.99
83.97
84.26
85.84
87.10
87.05
86.83
86.93
87.07
-0.49%0.16%Weighted Avg Shares (Diluted)
94.38
94.95
95.14
94.19
91.50
88.97
86.85
85.91
85.92
87.29
88.10
87.49
87.39
87.43
87.78
-0.64%0.40%Cash
$471.83
576.70
742.49
788.06
784.17
822.48
881.50
777.14
872.09
912.67
667.67
614.39
860.20
507.69
1050.51
5.13%106.92%Short-term Investments
$0.58
0.45
0.50
0.71
0.45
0.38
0.29
0.23
0.29
0.48
0.36
0.18
0.19
0.17
20.10
-8.87%12081.82%Receivables
$84.60
96.60
97.84
101.23
91.58
107.19
124.66
317.70
433.48
537.56
645.89
760.29
864.53
653.76
650.04
21.37%-0.57%Other Assets (Current)
$183.03
239.61
226.77
220.49
200.23
239.35
263.82
216.11
249.62
268.52
324.65
289.26
324.65
222.46
260.52
4.89%17.11%Assets (Current)
$740.03
913.36
1067.60
1110.49
1076.43
1169.40
1270.27
1311.18
1555.48
1719.24
1638.57
1664.12
2049.57
1384.08
1981.17
8.86%43.14%Property, Plant & Equipment (Net)
$45.64
52.25
60.54
64.64
61.92
54.68
57.10
61.66
189.31
234.23
208.80
209.98
194.76
208.02
192.00
12.85%-7.70%Goodwill & Intangibles
$1608.80
1602.42
1547.09
1571.49
1552.90
1509.83
1536.18
1783.73
2889.99
3733.17
4172.39
4467.45
4641.29
4607.74
4604.23
9.23%-0.08%Other Assets
$54.00
39.39
47.15
27.47
38.65
66.61
78.08
109.41
204.11
253.95
304.56
346.39
437.26
281.10
373.01
19.04%32.70%Assets (Non-current)
$1708.44
1694.06
1654.79
1663.61
1653.48
1631.13
1671.36
1954.79
3283.41
4221.35
4685.74
5023.82
5273.31
5096.86
5169.24
9.85%1.42%Assets (Total)
$2448.47
2607.42
2722.38
2774.10
2729.90
2800.53
2941.62
3265.96
4838.89
5940.59
6324.31
6687.94
7322.88
6480.93
7150.41
9.56%10.33%Accounts Payable
$13.20
13.11
17.27
10.55
9.56
12.66
11.80
16.68
24.29
44.81
19.27
21.72
45.23
32.85
43.78
10.81%33.30%Debt (Current)
$74.42
53.15
75.00
Other Liabilities (Current)
$351.13
411.13
423.16
454.55
474.59
526.44
596.75
508.09
595.85
684.02
759.22
773.12
844.07
618.07
662.79
7.58%7.24%Liabilities (Current)
$438.75
477.39
440.43
465.10
484.15
539.10
608.55
524.77
695.14
728.83
778.49
794.84
889.29
650.91
706.57
6.06%8.55%Debt (Non-current)
$53.15
515.30
798.12
753.58
753.57
753.89
753.65
753.97
24.73%0.04%Other Liabilities
$202.10
189.74
145.71
91.50
51.33
53.02
87.24
91.65
175.07
315.77
308.20
273.68
289.33
294.20
280.23
3.04%-4.75%Liabilities (Non-current)
$255.25
189.74
145.71
91.50
51.33
53.02
87.24
91.65
690.37
1113.89
1061.77
1027.26
1043.22
1047.86
1034.20
12.45%-1.30%Liabilities (Total)
$694.00
667.13
586.14
556.60
535.48
592.12
695.79
616.42
1385.51
1842.72
1840.27
1822.09
1932.51
1698.77
1740.77
8.91%2.47%Treasury Stock
$
36.15
72.89
196.01
440.84
675.55
907.53
1075.88
1041.83
1124.10
1185.71
1335.63
1474.11
1498.69
1438.95
-3.99%Retained Earnings
$836.01
1039.49
1284.82
1539.51
1792.03
2057.66
2316.92
2919.41
3370.71
3804.59
4259.22
4782.93
5283.34
4883.55
5318.12
16.61%8.90%AOCI
$11.88
8.65
-2.64
-31.75
-52.16
-57.65
-37.84
-62.38
-65.38
-17.77
-56.11
-122.72
-90.27
-109.44
-112.30
-2.61%Shareholder's Equity
$1754.47
1940.29
2136.25
2217.50
2194.43
2208.41
2245.83
2649.55
3453.38
4097.87
4484.05
4865.85
5390.36
4782.16
5409.64
9.81%13.12%Liabilities & Equity
$2448.47
2607.42
2722.38
2774.10
2729.90
2800.53
2941.62
3265.96
4838.89
5940.59
6324.31
6687.94
7322.88
6480.93
7150.41
9.56%10.33%Net Income/Loss
$180.68
203.48
245.33
254.69
252.52
265.64
259.25
419.38
451.30
433.89
454.63
523.71
500.41
100.62
34.78
8.86%-65.44%Depreciation & Amortization
$65.95
85.42
80.70
81.92
77.67
69.59
67.68
59.26
60.52
85.28
129.06
137.28
132.50
37.51
35.54
5.99%-5.25%Increase/Decrease in Working Capital
$-50.43
-8.87
-4.11
-42.25
-24.04
-5.03
-51.55
43.85
137.72
116.12
154.63
78.31
73.84
-81.19
-149.70
-84.37%Share-based Compensation
$23.09
32.41
35.30
36.86
33.95
33.35
53.15
83.35
116.19
145.62
166.34
168.13
221.89
44.17
58.66
20.75%32.81%Adjustments to Reconcile Net Income
$126.63
94.93
87.66
130.62
115.00
91.19
171.19
67.06
48.64
113.42
94.85
107.29
216.71
160.14
248.04
4.58%54.88%Net Cash (Operating)
$307.66
298.42
332.98
385.31
367.52
356.83
430.44
486.44
499.94
547.31
549.48
631.00
717.12
260.77
282.82
7.31%8.46%Capital Expenditure
$291.55
69.05
33.07
129.04
62.26
20.33
83.03
304.79
832.14
607.70
533.82
410.63
234.23
127.48
10.54
-1.81%-91.73%Net Cash (Investing)
$-291.64
-68.96
-33.18
-129.27
-62.03
-32.17
-97.44
-313.68
-833.55
-614.25
-536.81
-411.37
-240.04
-128.39
-34.44
73.18%Increase/Decrease in Debt
$-31.98
-74.42
-53.15
-0.09
-0.02
500.00
300.00
-45.00
Increase/Decrease in Equity
$-10.54
-93.03
-113.15
-230.16
-294.29
-282.52
-283.54
-228.78
-25.02
-131.47
-103.30
-179.98
-166.38
-187.91
10.45
105.56%Interest Expenses
$1.86
1.97
0.74
0.64
0.62
0.82
0.20
0.79
11.94
11.15
20.84
46.07
10.61
11.94
30.68%12.57%Net Cash (Financing)
$-9.68
-124.85
-129.76
-185.64
-291.75
-279.48
-294.65
-262.68
429.41
96.60
-245.85
-245.51
-231.32
-240.83
-54.64
77.31%Cash Taxes Paid
$64.73
103.20
97.71
118.00
107.22
118.45
116.39
87.24
86.77
54.17
130.43
115.34
144.12
7.65
16.72
6.90%118.58%Effect of Exchange Rate
$-6.99
0.26
-4.26
-24.82
-17.64
-6.87
20.68
-14.44
-0.84
10.92
-11.82
-27.40
0.05
1.75
-3.43
-296.00%Increase/Decrease in Cash
$-0.65
104.88
165.78
45.58
-3.90
38.31
59.02
-104.36
94.95
40.58
-245.00
-53.28
245.81
-106.70
190.31
278.35%Cash (Beginning)
$472.48
471.83
576.70
742.49
788.06
784.17
822.48
881.50
777.14
872.09
912.67
667.67
614.39
614.39
860.20
2.21%40.01%Cash (Ending)
$471.83
576.70
742.49
788.06
784.17
822.48
881.50
777.14
872.09
912.67
667.67
614.39
860.20
507.69
1050.51
5.13%106.92%NOPAT
$200.66
190.81
224.35
229.68
247.39
259.06
275.80
391.21
429.52
441.92
383.37
473.84
473.74
119.61
25.65
7.42%-78.56%Gross Margin %
82.79%
82.52%
82.97%
83.61%
84.38%
85.14%
86.29%
87.95%
89.03%
86.60%
86.47%
87.87%
88.05%
86.72%
85.28%
Operating Margin %
38.41%
36.87%
37.37%
37.12%
37.52%
38.06%
35.67%
36.84%
33.98%
29.52%
26.92%
28.69%
27.58%
25.07%
9.29%
NOPAT Margin %
29.02%
23.91%
26.05%
24.54%
26.24%
26.21%
25.18%
30.24%
28.33%
26.28%
20.11%
22.94%
20.87%
23.48%
5.50%
Net Margin %
26.13%
25.50%
28.48%
27.21%
26.79%
26.87%
23.67%
32.42%
29.77%
25.81%
23.84%
25.35%
22.05%
19.75%
7.45%
Tax Rate %
24.44%
35.15%
30.30%
33.90%
30.05%
31.15%
29.41%
17.91%
16.60%
10.97%
25.31%
20.05%
24.34%
6.33%
40.82%
ROA
8.20%
7.32%
8.24%
8.28%
9.06%
9.25%
9.38%
11.98%
8.88%
7.44%
6.06%
7.09%
6.47%
1.85%
0.36%
ROE
11.44%
9.83%
10.50%
10.36%
11.27%
11.73%
12.28%
14.77%
12.44%
10.78%
8.55%
9.74%
8.79%
2.50%
0.47%
ROIC
12.39%
11.83%
14.36%
14.42%
15.92%
17.33%
18.18%
19.35%
12.85%
10.31%
7.96%
9.05%
8.68%
2.31%
0.50%
Asset Turnover
0.28
0.31
0.32
0.34
0.35
0.35
0.37
0.40
0.31
0.28
0.30
0.31
0.31
0.08
0.07
Equity Multiplier
1.40
1.34
1.27
1.25
1.24
1.27
1.31
1.23
1.40
1.45
1.41
1.37
1.36
1.36
1.32
Current Ratio
1.69
1.91
2.42
2.39
2.22
2.17
2.09
2.50
2.24
2.36
2.10
2.09
2.30
2.13
2.80
Quick Ratio
1.27
1.41
1.91
1.91
1.81
1.73
1.65
2.09
1.88
1.99
1.69
1.73
1.94
1.78
2.44
Debt/Equity Ratio
0.07
0.03
0.17
0.19
0.17
0.15
0.14
0.16
0.14
Interest Coverage Ratio
142.93
149.37
437.31
540.36
570.45
457.72
1963.46
654.43
41.57
46.05
28.43
13.59
12.04
3.63
Working Capital/Sales
-0.05
-0.05
-0.05
-0.05
-0.06
-0.07
-0.07
0.14
0.17
0.19
0.23
0.27
0.28
0.71
0.69
R&D/Sales
0.16
0.17
0.18
0.18
0.18
0.19
0.19
0.18
0.20
0.21
0.21
0.21
0.22
0.24
0.28
Total Payout
$44.37
169.42
167.03
230.90
294.93
283.35
283.74
228.78
-474.19
-156.59
159.45
200.82
212.45
198.52
1.49
13.94%-99.25%Payout Ratio %
22.11%
88.79%
74.45%
100.53%
119.22%
109.38%
102.88%
58.48%
-110.40%
-35.43%
41.59%
42.38%
44.84%
165.97%
5.82%