Open Text (OTEX) vs Pegasystems (PEGA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Pegasystems (PEGA) has outperformed Open Text (OTEX) over the past year, losing 36.9% versus a loss of 39.9%. Over five years, PEGA leads with a -45.1% price change compared with -53.6% for OTEX. Pegasystems is the larger company by market cap ($5.89 billion vs $5.70 billion), about 1.0 times the size.
On valuation, Open Text trades at a lower forward P/E (5.5x vs 13.8x for Pegasystems). Open Text offers the higher dividend yield (4.68% vs 0.33%). Pegasystems converts more of its revenue into profit, with a net margin of 22.5% versus 12.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | OTEX | PEGA |
|---|---|---|
| Share price | $23.50 | $35.85 |
| Market cap | $5.70B | $5.89B |
| 1-day change | +1.12% | +1.01% |
| YTD return | -28.67% | -40.57% |
| 1-year return | -39.86% | -36.85% |
| 5-year return | -53.56% | -45.13% |
| P/E ratio (TTM) | 9.11 | 20.25 |
| Forward P/E | 5.52 | 13.79 |
| EPS (TTM) | $2.58 | $1.77 |
| Dividend yield | 4.68% | 0.33% |
| Annual dividend | $1.10 | $0.12 |
| Revenue (latest FY) | $5.25B | $1.75B |
| Revenue growth (YoY) | +1.51% | +16.61% |
| Net income (latest FY) | $643.02M | $393.44M |
| Gross margin | 73.74% | 75.86% |
| Operating margin | 20.64% | 15.07% |
| Net margin | 12.26% | 22.54% |
| 52-week high | $39.90 | $68.10 |
| 52-week low | $19.78 | $25.10 |
| Distance from 52-week high | -41.10% | -47.36% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +18.94% | +15.56% |
| Average volume | 1.47M | 2.55M |
| Shares outstanding | 242.66M | 164.40M |
| Employees | 19,900 | 5,598 |
| Sector | Technology | Technology |
| Industry | EDP Services | EDP Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Pegasystems trades at a higher earnings multiple (20.3x vs 9.1x trailing P/E).
- Open Text offers a meaningfully higher dividend yield (4.68% vs 0.33%).
- Pegasystems is more profitable, keeping 22.5 cents of every revenue dollar as net income versus 12.3 cents for Open Text.
- Pegasystems grew revenue faster in its latest fiscal year (+16.61% vs +1.51%).
About Open Text
OTEX stock →Open Text Corporation provides data management solutions for enterprise AI in North, Central and South America, Europe, the Middle East, Africa, Australia, Japan, Singapore, India, and China. Its products and solutions help organizations collect, connect, contextualize, protect, govern, use, and secure data across their operations.
Technology · EDP Services · 19,900 employees
About Pegasystems
PEGA stock →Pegasystems Inc. develops, markets, licenses, hosts, and supports enterprise software in the United States, rest of the Americas, the United Kingdom, rest of Europe, the Middle East, Africa, and the Asia-Pacific.
Technology · EDP Services · 5,598 employees
OTEX vs PEGA FAQ
Which is bigger, Open Text or Pegasystems?
Pegasystems (PEGA) is larger, with a market capitalization of $5.89B compared with $5.70B for Open Text (OTEX).
Which stock has performed better over the past year, OTEX or PEGA?
PEGA returned -36.85% over the past 12 months, compared with -39.86% for OTEX (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, OTEX or PEGA?
OTEX has the lower trailing P/E at 9.1, versus 20.3 for PEGA. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Open Text or Pegasystems?
Open Text has the higher yield at 4.68%, compared with 0.33% for Pegasystems.
Are Open Text and Pegasystems in the same industry?
Yes. Both are classified in the EDP Services industry within the Technology sector.