Pagerduty, Inc.
$995.25M- Market cap
- $1.04B
- Debt
- +$420.61M
- Cash
- −$469.84M
Capital structure 71% equity / 29% debt · EV / Revenue 2.02x · EV / EBITDA 24.74x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 ·
Decision snapshot: PD stock price at discount vs BKH $13.28 current versus $34.91 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at BKH's multiple
Implied fair value · at PD's multiple
Snapshot Sep 8, 2026, 2:29 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Multiple discount
Value edge
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: PD FY 2026 (ended Jan 31, 2026) · BKH FY 2025 (ended Dec 31, 2025). Fiscal years are not aligned.
Trendline
Ten fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 71% equity / 29% debt · EV / Revenue 2.02x · EV / EBITDA 24.74x
Capital structure 55% equity / 45% debt · EV / Revenue 4.41x · EV / EBITDA 13.89x
BKH carries the larger enterprise value at $10.18B against $995.25M; PD trades on the lower EV / Revenue multiple (2.02x vs 4.41x); BKH on the lower EV / EBITDA (13.89x vs 24.74x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
PAGERDUTY, INC. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Black Hills Corporation · implied price per share
Latest annual free cash flow must be positive to qualify the filing-backed baseline.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
1.66x
1.23x
Net debt / EBITDA
Leverage against operating earnings
-1.22x
6.16x
Cash and equivalents
Liquid reserves on the balance sheet
$469.84M
$182.80M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
Atlassian Corp
PD vs TEAM
Gitlab Inc.
PD vs GTLB
Elastic N.V.
PD vs ESTC
Dynatrace, Inc.
PD vs DT
ServiceNow, Inc.
PD vs NOW
ALLETE INC
PD vs ALE
IDACORP INC
PD vs IDA
NISOURCE INC.
PD vs NI
PINNACLE WEST CAPITAL CORP
PD vs PNW
Duke Energy CORP
PD vs DUK
Evergy, Inc.
PD vs EVRG
$420.61M
$4.70B
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
The deterministic comparison remains available. Sign in when you want an on-demand narrative synthesis of the same data.