Summary Verdict
PTC: 3—APPF: 2wins
Rule of 40
44.0PTC
46.3APPF
check_circleAPPF leads
Revenue Growth
10.1%PTC
21.5%APPF
check_circleAPPF leads
Gross Margin
91%PTC
84%APPF
check_circlePTC leads
FCF Margin
33.8%PTC
24.8%APPF
check_circlePTC leads
Operating Margin
38.8%PTC
15.8%APPF
check_circlePTC leads
NRR
—PTC
—APPF
Metric
Rule of 40Efficiency score
PTC
44.0
APPF
46.3check_circle
Revenue GrowthYoY
PTC
10.1%
APPF
21.5%check_circle
Gross Margin% of revenue
PTC
91%check_circle
APPF
84%
FCF MarginFree cash flow
PTC
33.8%check_circle
APPF
24.8%
Operating MarginGAAP
PTC
38.8%check_circle
APPF
15.8%
NRRNet retention
PTC
N/A
APPF
N/A
EV / RevenueValuation multiple
PTC
6.8x
APPF
6.3xcheck_circle
Market CapUSD
PTC
$16.3Bcheck_circle
APPF
$6.1B
ARR GrowthYoY
PTC
N/A
APPF
N/A
CAC PaybackMonths to recover
PTC
N/A
APPF
N/A
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insights
Analysis
As of Q4 2025, PTC INC. trades at 6.8x EV/Revenue versus AppFolio, Inc. at 6.3x. On the Rule of 40, PTC INC. scores 44.0 compared to AppFolio, Inc.'s 46.3, placing AppFolio, Inc. ahead in operating efficiency. Gross margins stand at PTC INC. 91% vs AppFolio, Inc. 84%.
Sector Context
Both companies operate in the Vertical SaaS sector. The median columns above show where each company stands relative to their peers.