Stock Analysis on Net

Palantir Technologies Inc. (NASDAQ:PLTR)

Market Value Added (MVA)

Microsoft Excel

MVA

Palantir Technologies Inc., MVA calculation

US$ in thousands

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Fair value of debt1 197,977
Operating lease liability 239,219 229,392 249,404 260,073 258,879
Market value of common equity 292,278,328 51,777,952 17,798,750 24,016,300 43,552,194
Noncontrolling interests 91,132 85,404 77,111
Less: Marketable securities 3,131,463 2,843,132 35,135 234,153
Market (fair) value of Palantir 289,477,216 49,249,616 18,090,130 24,042,220 44,009,050
Less: Invested capital2 2,507,175 1,237,836 3,071,913 2,585,786 2,178,851
MVA 286,970,041 48,011,780 15,018,217 21,456,434 41,830,199

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

1 Fair value of debt. See details »

2 Invested capital. See details »

Item Description The company
MVA Palantir Technologies Inc. market (fair) value less invested capital. Palantir Technologies Inc. MVA increased from 2022 to 2023 and from 2023 to 2024.

MVA Spread Ratio

Palantir Technologies Inc., MVA spread ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in thousands)
Market value added (MVA)1 286,970,041 48,011,780 15,018,217 21,456,434 41,830,199
Invested capital2 2,507,175 1,237,836 3,071,913 2,585,786 2,178,851
Performance Ratio
MVA spread ratio3 11,445.95% 3,878.69% 488.89% 829.78% 1,919.83%
Benchmarks
MVA Spread Ratio, Competitors4
Accenture PLC 524.20% 487.90% 442.58% 739.74% 550.21%
Adobe Inc. 642.58% 991.60% 658.07% 1,033.13% 1,082.99%
Cadence Design Systems Inc. 1,934.83% 1,302.22% 1,110.87% 1,232.57%
CrowdStrike Holdings Inc. 1,264.87% 608.44% 1,273.85% 1,618.34% 1,449.48%
International Business Machines Corp. 100.64% 60.20% 54.96% 39.12%
Intuit Inc. 624.57% 573.60% 406.80% 1,175.12% 976.09%
Microsoft Corp. 803.69% 892.49% 956.02% 1,383.21% 1,315.93%
Oracle Corp. 370.24% 324.04% 224.95% 260.27% 180.84%
Palo Alto Networks Inc. 894.07% 731.80% 559.30% 573.51% 267.94%
Salesforce Inc. 256.35% 126.24% 150.31% 270.75% 226.93%
ServiceNow Inc. 1,951.86% 1,781.94% 1,276.80% 1,798.18% 2,575.52%
Synopsys Inc. 645.36% 973.25% 565.55% 707.79% 468.10%

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

1 MVA. See details »

2 Invested capital. See details »

3 2024 Calculation
MVA spread ratio = 100 × MVA ÷ Invested capital
= 100 × 286,970,041 ÷ 2,507,175 = 11,445.95%

4 Click competitor name to see calculations.

Performance ratio Description The company
MVA spread ratio The ratio of MVA to invested capital. It measures the efficiency with which investors’ capital investment has translated into a franchise value and into an aggregate net present value premium. Palantir Technologies Inc. MVA spread ratio improved from 2022 to 2023 and from 2023 to 2024.

MVA Margin

Palantir Technologies Inc., MVA margin calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in thousands)
Market value added (MVA)1 286,970,041 48,011,780 15,018,217 21,456,434 41,830,199
 
Revenue 2,865,507 2,225,012 1,905,871 1,541,889 1,092,673
Add: Increase (decrease) in deferred revenue 24,561 81,633 (74,718) 27,988 (23,090)
Adjusted revenue 2,890,068 2,306,645 1,831,153 1,569,877 1,069,583
Performance Ratio
MVA margin2 9,929.53% 2,081.46% 820.15% 1,366.76% 3,910.89%
Benchmarks
MVA Margin, Competitors3
Accenture PLC 297.40% 251.01% 213.17% 379.26% 279.96%
Adobe Inc. 727.86% 1,241.42% 766.46% 1,287.44% 1,554.19%
Cadence Design Systems Inc. 1,927.61% 1,299.21% 1,128.47% 1,241.37%
CrowdStrike Holdings Inc. 1,984.37% 816.60% 1,995.27% 3,362.60% 1,272.66%
International Business Machines Corp. 179.50% 104.54% 104.85% 68.01%
Intuit Inc. 959.77% 939.31% 782.89% 1,489.94% 1,098.60%
Microsoft Corp. 1,123.50% 1,016.40% 916.17% 1,148.11% 976.86%
Oracle Corp. 704.48% 626.94% 412.88% 514.72% 411.93%
Palo Alto Networks Inc. 949.23% 726.58% 651.61% 771.73% 434.98%
Salesforce Inc. 593.25% 321.51% 417.33% 620.94% 558.53%
ServiceNow Inc. 1,605.68% 1,433.56% 1,026.06% 1,555.49% 2,101.04%
Synopsys Inc. 1,081.63% 1,373.41% 796.87% 1,126.17% 803.94%

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

1 MVA. See details »

2 2024 Calculation
MVA margin = 100 × MVA ÷ Adjusted revenue
= 100 × 286,970,041 ÷ 2,890,068 = 9,929.53%

3 Click competitor name to see calculations.

Performance ratio Description The company
MVA margin The ratio of MVA to sales. It measures how efficiently and prodigiously sales translate into franchise value. Palantir Technologies Inc. MVA margin ratio improved from 2022 to 2023 and from 2023 to 2024.