PagerDuty, Inc. (PD) intrinsic value & 10-year financials
PagerDuty, Inc. (PD) has a Graham intrinsic value of $62.11 per share. At $16.16 on Oct 17, 2026, the stock trades 74% below that value. Over the last 10 fiscal years revenue grew 25.6% a year to $492.5M, with an average return on invested capital of -5.8%.
- Graham intrinsic value
- $62.11
- Share price (Oct 17, 2026)
- $16.16
- Price vs Graham value
- 74% below
- Market cap
- $1.5B
- Revenue (FY2026)
- $492.5M
- Revenue growth (10-yr CAGR)
- 25.6%
- ROIC (10-yr avg)
- -5.8%
- Free cash flow (FY2026)
- $111.9M
PD 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2026 | $492.5M | $173.4M | $1.87 | $111.9M | 1.2% | 1.6% |
| FY2025 | $467.5M | -$42.7M | -$0.59 | $115.1M | -12.8% | -20.5% |
| FY2024 | $430.7M | -$75.2M | -$0.89 | $69.8M | -22.3% | -33.1% |
| FY2023 | $370.8M | -$128.4M | -$1.45 | $12.3M | -34.9% | -50.0% |
| FY2022 | $281.4M | -$107.5M | -$1.27 | -$9.5M | -36.1% | -34.1% |
| FY2021 | $213.6M | -$68.9M | -$0.87 | $6.1M | -31.0% | -17.5% |
| FY2020 | $166.4M | -$50.3M | -$0.77 | -$5.3M | -33.4% | -46.5% |
| FY2019 | $117.8M | -$40.7M | — | -$9.3M | -35.9% | 67.6% |
| FY2018 | $79.6M | -$38.1M | — | -$12.7M | -48.1% | 80.7% |
| FY2017 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
PagerDuty, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
PagerDuty, Inc. has historically struggled to out-earn its cost of capital, averaging just -5.8% ROIC.
PagerDuty, Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, PagerDuty, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $62.11 per share.