Commvault Systems, Inc. (CVLT) Financial Ratios
22 years of historical data (2005–2026) · Technology · Software - Application
EV/EBITDA
↓
39.36
↓-28% vs avg
5yr avg: 54.92
30Y Low15.6·High82.5
P/FCF
↓
19.17
-9% vs avg
5yr avg: 21.17
30Y Low12.5·High62.0
P/B Ratio
↑
616.00
↑+483% vs avg
5yr avg: 105.67
30Y Low4.3·High21.9
ROE
↑
42.5%
↓+58% vs avg
5yr avg: 26.9%
30Y Low-16%·High73%
Debt/EBITDA
↑
7.91
↑+272% vs avg
5yr avg: 2.12
30Y Low0.1·High7.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
CVLT Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Commvault Systems, Inc. trades at 65.4x earnings, roughly in line with its 5-year average of 65.9x, sitting at the 50th percentile of its historical range. Compared to the Technology sector median P/E of 27.7x, the stock trades at a premium of 136%. On a free-cash-flow basis, the stock trades at 19.2x P/FCF, 9% below the 5-year average of 21.2x.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $4.5B | $3.5B | $7.1B | $4.6B | $2.5B | $3.1B | $3.0B | $1.9B | $3.1B | $2.6B | $2.4B |
| Enterprise Value | $4.6B | $3.5B | $6.8B | $4.3B | $2.3B | $2.9B | $2.6B | $1.6B | $2.8B | $2.3B | $2.0B |
| P/E Ratio → | 65.43 | 49.30 | 93.90 | 27.05 | — | 93.45 | — | — | 865.51 | — | 5080.00 |
| P/S Ratio | 3.84 | 2.94 | 7.16 | 5.45 | 3.23 | 4.07 | 4.16 | 2.76 | 4.33 | 3.70 | 3.67 |
| P/B Ratio | 616.00 | 464.12 | 21.93 | 16.45 | 13.62 | 12.25 | 7.64 | 4.50 | 7.88 | 6.40 | 5.07 |
| P/FCF | 19.17 | 14.67 | 35.01 | 22.91 | 15.17 | 18.08 | 25.99 | 21.74 | 29.74 | 33.56 | 25.30 |
| P/OCF | 18.58 | 14.21 | 34.37 | 22.45 | 14.88 | 17.68 | 24.28 | 20.95 | 27.97 | 30.75 | 23.67 |
P/E links to full P/E history page with 30-year chart
CVLT EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Commvault Systems, Inc.'s enterprise value stands at 39.4x EBITDA, 28% below its 5-year average of 54.9x. The Technology sector median is 17.5x, placing the stock at a 126% premium on an enterprise-value basis.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.95 | 6.87 | 5.09 | 2.88 | 3.74 | 3.64 | 2.35 | 3.87 | 3.23 | 3.16 |
| EV / EBITDA | 39.36 | 30.15 | 82.45 | 52.19 | — | 54.87 | — | — | 162.29 | 208.23 | 226.79 |
| EV / EBIT | 43.22 | 33.10 | 83.93 | 50.86 | — | 66.21 | — | — | 139.97 | — | — |
| EV / FCF | — | 14.74 | 33.58 | 21.40 | 13.52 | 16.63 | 22.76 | 18.46 | 26.57 | 29.27 | 21.78 |
CVLT Profitability
Margins and return-on-capital ratios measuring operating efficiency
Commvault Systems, Inc. earns an operating margin of 8.9%. Return on equity of 42.5% is exceptionally high. ROIC of 268.6% represents excellent returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 80.3% | 80.3% | 82.0% | 81.9% | 82.7% | 85.2% | 84.9% | 82.5% | 83.5% | 86.0% | 86.8% |
| Operating Margin | 8.9% | 8.9% | 7.4% | 9.0% | -2.0% | 5.4% | -3.1% | -2.6% | 0.7% | -0.1% | -0.2% |
| Net Profit Margin | 6.0% | 6.0% | 7.6% | 20.1% | -4.6% | 4.4% | -4.3% | -0.8% | 0.5% | -8.9% | 0.1% |
Return on Capital
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 42.5% | 42.5% | 25.2% | 72.8% | -16.2% | 10.3% | -7.7% | -1.4% | 0.9% | -14.2% | 0.1% |
| ROA | 4.7% | 4.7% | 7.4% | 19.5% | -4.4% | 3.9% | -3.5% | -0.7% | 0.4% | -7.5% | 0.1% |
| ROIC | 268.6% | 268.6% | 970.9% | — | — | 259.2% | -22.0% | -13.4% | 5.4% | -0.7% | -0.8% |
| ROCE | 11.8% | 11.8% | 14.4% | 17.9% | -3.9% | 8.5% | -4.1% | -3.4% | 1.0% | -0.2% | -0.2% |
CVLT Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Commvault Systems, Inc. carries a Debt/EBITDA ratio of 7.9x, which is highly leveraged (171% above the sector average of 2.9x). Net debt stands at $18M ($918M total debt minus $900M cash). Interest coverage of 27.8x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 122.43 | 122.43 | 0.03 | 0.04 | 0.07 | 0.06 | 0.06 | 0.04 | — | — | — |
| Debt / EBITDA | 7.91 | 7.91 | 0.13 | 0.15 | — | 0.31 | — | — | — | — | — |
| Net Debt / Equity | — | 2.34 | -0.90 | -1.08 | -1.48 | -0.98 | -0.95 | -0.68 | -0.84 | -0.82 | -0.71 |
| Net Debt / EBITDA | 0.15 | 0.15 | -3.51 | -3.67 | — | -4.79 | — | — | -19.33 | -30.52 | -36.65 |
| Debt / FCF | — | 0.07 | -1.43 | -1.51 | -1.65 | -1.45 | -3.23 | -3.28 | -3.17 | -4.29 | -3.52 |
| Interest Coverage | 27.83 | 27.83 | 195.84 | 202.48 | -31.55 | 399.29 | — | — | — | -2.01 | -1.08 |
CVLT Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.95x means Commvault Systems, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 1.23x to 1.95x over the past 3 years.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.95 | 1.95 | 1.14 | 1.23 | 1.34 | 1.23 | 1.63 | 1.56 | 2.01 | 2.00 | 2.10 |
| Quick Ratio | 1.95 | 1.95 | 1.14 | 1.23 | 1.34 | 1.23 | 1.63 | 1.56 | 2.01 | 2.00 | 2.10 |
| Cash Ratio | 1.37 | 1.37 | 0.54 | 0.64 | 0.70 | 0.68 | 1.06 | 1.03 | 1.40 | 1.43 | 1.58 |
| Asset Turnover | — | 0.63 | 0.89 | 0.89 | 0.99 | 0.93 | 0.79 | 0.77 | 0.86 | 0.85 | 0.78 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 101.91 | 92.38 | 96.85 | 97.90 | 92.12 | 94.91 | 79.97 | 90.79 | 84.61 | 79.27 |
CVLT Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Commvault Systems, Inc. returns 9.8% to shareholders annually primarily through share buybacks. The earnings yield of 1.5% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.5% | 2.0% | 1.1% | 3.7% | — | 1.1% | — | — | 0.1% | — | 0.0% |
| FCF Yield | 5.2% | 6.8% | 2.9% | 4.4% | 6.6% | 5.5% | 3.8% | 4.6% | 3.4% | 3.0% | 4.0% |
| Buyback Yield | 9.8% | 12.8% | 2.3% | 4.0% | 6.0% | 9.7% | 3.2% | 4.2% | 4.3% | 4.3% | 2.1% |
| Total Shareholder Yield | 9.8% | 12.8% | 2.3% | 4.0% | 6.0% | 9.7% | 3.2% | 4.2% | 4.3% | 4.3% | 2.1% |
| Shares Outstanding | — | $45M | $45M | $45M | $45M | $47M | $47M | $46M | $48M | $45M | $47M |
Peer Comparison
Compare CVLT with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 CVLTYou | $5B | 65.4 | 39.4 | 19.2 | 80.3% | 8.9% | 42.5% | 268.6% | 7.9 |
 VRNS | $3B | -25.4 | — | 25.0 | 79.1% | -23.5% | -24.5% | -11.0% | — |
 QLYS | $3B | 17.5 | 13.5 | 11.0 | 82.8% | 33.2% | 38.2% | 47.5% | 0.4 |
 TENB | $2B | -71.8 | 63.6 | 9.7 | 78.1% | 0.1% | -9.9% | 0.2% | 10.8 |
 IBM | $217B | 20.7 | 17.6 | 18.7 | 59.5% | 15.3% | 35.2% | 9.8% | 4.4 |
 NTAP | $22B | 19.9 | 14.6 | 16.7 | 70.2% | 20.3% | 108.5% | 54.4% | 2.2 |
 PSTG | $22B | 142.5 | 81.3 | 35.7 | 70.4% | 3.1% | 13.7% | 10.3% | 0.8 |
 STX | $167B | 113.2 | 80.2 | 204.3 | 35.2% | 20.8% | — | 41.4% | 2.5 |
 HPE | $39B | -665.9 | 12.8 | 62.9 | 28.8% | 4.8% | 0.2% | 3.5% | 5.1 |
 DELL | $77B | — | 11.9 | — | 20.0% | 7.2% | — | 33.0% | 3.9 |
 MSFT | $3.1T | 30.9 | 19.7 | 43.7 | 68.8% | 45.6% | 33.3% | 24.9% | 0.7 |
| Technology Median | — | 27.7 | 17.5 | 19.2 | 48.5% | -0.6% | 2.4% | 2.9% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonCVLT — Frequently Asked Questions
Quick answers to the most common questions about buying CVLT stock.
What is Commvault Systems, Inc.'s P/E ratio?
Commvault Systems, Inc.'s current P/E ratio is 65.4x. The historical average is 62.4x. This places it at the 50th percentile of its historical range.
What is Commvault Systems, Inc.'s EV/EBITDA?
Commvault Systems, Inc.'s current EV/EBITDA is 39.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 37.8x.
What is Commvault Systems, Inc.'s ROE?
Commvault Systems, Inc.'s return on equity (ROE) is 42.5%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 11.9%.
Is CVLT stock overvalued?
Based on historical data, Commvault Systems, Inc. is trading at a P/E of 65.4x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Commvault Systems, Inc.'s profit margins?
Commvault Systems, Inc. has 80.3% gross margin and 8.9% operating margin.
How much debt does Commvault Systems, Inc. have?
Commvault Systems, Inc.'s Debt/EBITDA ratio is 7.9x, indicating high leverage. A ratio above 4x may signal elevated financial risk.