Aspen Technology Overview

  • Year Founded
  • 1981

Year Founded

  • Status
  • Public

  • Employees
  • 3,900

Employees

  • Stock Symbol
  • AZPN

Stock Symbol

  • Investments
  • 24

  • Share Price
  • $199.91
  • (As of Friday Closing)

Aspen Technology General Information

Description

Aspen Technology is a global leader in asset optimization software, enabling customers within capital-intensive industries to design, operate and maintain their functions to meet their profitability, safety, and sustainability goals. The heritage business of AspenTech was founded in 1981 and provides software solutions purposed to optimize engineering, manufacturing, and supply chain and asset management functions. In 2021, Emerson Electric traded over $6 billion in cash and its Open Systems International (digital grid management) and subsurface science and engineering businesses for 55% of AspenTech's shares. The new AspenTech is the combination of heritage Aspen, OSI, and SSE and serves more than 3,000 customers across 40 countries.

Contact Information

Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Business/Productivity Software
Other Industries
Automation/Workflow Software
Vertical Market Software
Stock Exchange
NAS
Corporate Office
  • 20 Crosby Drive
  • Bedford, MA 01730
  • United States
+1 (781) 000-0000

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Aspen Technology Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$199.91 $193.89 $161.32 - $247.96 $12.7B 63.5M 190K -$1.35

Aspen Technology Financials Summary

In Thousands,
USD
TTM 31-Dec-2023 FY 2023 30-Jun-2023 FY 2022 30-Jun-2022 FY 2021 30-Jun-2021
EV 13,967,928 10,656,426 11,448,220 9,370,742
Revenue 1,056,992 1,044,178 482,311 709,376
EBITDA 295,302 278,936 171,574 365,458
Net Income (86,344) (107,760) 41,944 319,803
Total Assets 14,227,844 14,486,052 14,969,922 1,454,000
Total Debt 97,622 68,370 352,771 329,612
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Aspen Technology Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

This information is available in the PitchBook Platform. To explore Aspen Technology‘s full profile, request access.

Request a free trial

Aspen Technology Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Aspen Technology is a global leader in asset optimization software, enabling customers within capital-intensive industri
Business/Productivity Software
Bedford, MA
3,900 As of 2023
00000
00.00 0000-00-00
000000&0 00000

000

ectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore ma
00000000000000000000
Walldorf, Germany
000000 As of 0000
00000
000000 - 000 00000

000000

esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat
00000000000000000000
New York, NY
000 As of 0000
000.00
00000000000 000.00
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Aspen Technology Competitors (26)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
SAP Corporation Walldorf, Germany 000000 00000 000000 - 000 00000
Ultimus Formerly VC-backed New York, NY 000 000.00 00000000000 000.00
Bizagi Group Private Equity-Backed Buckinghamshire, United Kingdom 000 0000 00000000000 0000
Blue Yonder Formerly PE-Backed Scottsdale, AZ 0000 0000 000000&0 0000
Workday Formerly VC-backed Pleasanton, CA 00000 00.00 000000000 00 00.00
You’re viewing 5 of 26 competitors. Get the full list »

Aspen Technology Patents

Aspen Technology Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
JP-6928119-B2 Computer systems and methods for building and deploying predictive inference models online Active 02-Jun-2017 000000000
JP-2020522800-A Computer system and method for online construction and deployment of predictive inference models Active 02-Jun-2017 000000000 0
JP-6887562-B2 Molecular characterization methods and systems Active 24-Apr-2017 000000000
JP-2020520462-A Molecular characterization method and system Active 24-Apr-2017 000000000 00
JP-2019521444-A Computer system and method for dynamic construction and on-line deployment of a motion-centric first principles process model for predictive analysis Pending 07-Jul-2016 G05B13/048 0
To view Aspen Technology’s complete patent history, request access »

Aspen Technology Executive Team (33)

Name Title Board Seat Contact Info
Antonio Pietri President, Chief Executive Officer & Board Member
Christopher Stagno Chief Financial Officer, Finance & Chief Accounting Officer, Accounting
Sharon Vinci Chief Human Resources Officer
Mark Mouritsen JD Senior Vice President & Chief Legal Officer, Legal
Stuart Harris Senior Vice President and Chief Marketing and Strategy Officer
You’re viewing 5 of 33 executive team members. Get the full list »

Aspen Technology Board Members (24)

Name Representing Role Since
Antonio Pietri Aspen Technology President, Chief Executive Officer & Board Member 000 0000
Arlen Shenkman JD Aspen Technology Board Member 000 0000
Jill Smith Self Chairman of the Board 000 0000
Karen Golz Self Board Member 000 0000
Patrick Antkowiak Aspen Technology Board Member 000 0000
You’re viewing 5 of 24 board members. Get the full list »

Aspen Technology Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Aspen Technology Investments & Acquisitions (24)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Inmation Software 29-Aug-2022 0000000000 000.00 Business/Productivity Software
OptiPlant 08-Dec-2020 0000000000 00.000 Business/Productivity Software 00000 000
Camo Analytics 17-Nov-2020 0000000000 000.00 Business/Productivity Software 0000000 0
Mnubo 12-Jul-2019 0000000000 000.00 Business/Productivity Software 0000000 0
Sabisu 12-Jun-2019 Merger/Acquisition 00.00 IT Consulting and Outsourcing 0000000 0
You’re viewing 5 of 24 investments and acquisitions. Get the full list »

Aspen Technology Subsidiaries (2)

Company Name Industry Location Founded
Inmation Software Business/Productivity Software Koln, Germany 2013
Greenfern Dynamics Construction and Engineering Glenelg South, Australia 0000
To view Aspen Technology’s complete subsidiaries history, request access »

Aspen Technology ESG

Risk Overview

Risk Rating

Updated April, 04, 2023

18.82 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.0

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 15,605

Rank

00.00

Percentile

Software & Services

Industry

00 of 1,075

Rank

00.00

Percentile

Enterprise and Infrastructure Software

Subindustry

00 of 431

Rank

00.00

Percentile

To view Aspen Technology’s complete esg history, request access »

Aspen Technology Exits (2)

Company Name Exit Date Exit Type Exit Size Status Buyers
Optimum Logistics 01-Jan-2001 000000000 00000000 Completed
  • 00000 0000000000
Extricity Software 11-May-2000 Mezzanine 0000 Completed
  • 9 buyers
To view Aspen Technology’s complete exits history, request access »

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »