The Information Technology 100
For a software company, surviving more than 20 years is a feat unto itself. But computer-aided design stalwart Autodesk isn't just surviving -- it's thriving. Last year, Autodesk's profits almost doubled, to $222 million, while sales rose 30%, to $1.2 billion. In an era when most software companies are struggling to regain Wall Street's confidence, Autodesk's torrid growth helped triple its stock price to $38, though it has cooled this year.
What's behind the company’s growth spurt? Five years ago, with its sizable lead in architecture and engineering design software in place, Autodesk began diversifying with new divisions that crafted programs for specific industries such as manufacturing, infrastructure, and entertainment. Last year, those divisions accounted for about half of sales. Not bad for a 23-year-old software company.
|Return on Equity||35.9%|
|CORPORATE WEB SITE|
All figures are for the most recent available 12 months.
* Latest available data for the 12-month period ended Dec. 31, Jan. 31, Feb. 29, Mar. 31, or Apr. 30. For companies that do not report quarterly, the most recent annual data were used.
Data provided by Standard & Poor's Compustat, BusinessWeek
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