Elastic N.V. (ESTC) Financial Ratios
9 years of historical data (2017–2025) · Technology · Software - Application
EV/EBITDA
N/A
—
5yr avg: N/A
P/FCF
↓
20.81
↓-90% vs avg
5yr avg: 211.94
30Y Low34.1·High166.2
P/B Ratio
↓
5.77
↓-63% vs avg
5yr avg: 15.61
30Y Low9.6·High23.3
ROE
↑
-13.0%
↓+53% vs avg
5yr avg: -27.4%
30Y Low-187%·High11%
Debt/EBITDA
N/A
—
5yr avg: N/A
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
ESTC Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Elastic N.V. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 20.8x P/FCF, 90% below the 5-year average of 211.9x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $5.4B | $8.9B | $10.6B | $5.5B | $7.0B | $10.5B | $5.1B | $4.7B | — | — |
| Enterprise Value | $5.3B | $8.8B | $10.7B | $5.4B | $6.8B | $10.1B | $4.8B | $4.4B | — | — |
| P/E Ratio → | -49.63 | — | 173.25 | — | — | — | — | — | — | — |
| P/S Ratio | 3.67 | 6.02 | 8.39 | 5.13 | 8.17 | 17.29 | 11.82 | 17.29 | — | — |
| P/B Ratio | 5.77 | 9.64 | 14.40 | 13.74 | 16.96 | 23.33 | 12.22 | 17.86 | — | — |
| P/FCF | 20.81 | 34.13 | 73.15 | 166.19 | — | 574.30 | — | — | — | — |
| P/OCF | 20.47 | 33.57 | 71.45 | 153.68 | 1242.34 | 466.57 | — | — | — | — |
P/E links to full P/E history page with 30-year chart
ESTC EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 5.93 | 8.43 | 5.08 | 7.86 | 16.67 | 11.21 | 16.19 | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | 33.62 | 73.51 | 164.67 | — | 553.96 | — | — | — | — |
ESTC Profitability
Margins and return-on-capital ratios measuring operating efficiency
Elastic N.V. earns an operating margin of -3.7%. Operating margins have expanded from -20.5% to -3.7% over the past 3 years, signaling improving operational efficiency. A negative ROE of -13.0% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 74.4% | 74.4% | 74.0% | 72.3% | 73.1% | 73.5% | 71.3% | 71.3% | 74.5% | 77.5% |
| Operating Margin | -3.7% | -3.7% | -10.3% | -20.5% | -20.1% | -21.3% | -40.0% | -37.3% | -30.0% | -53.5% |
| Net Profit Margin | -7.3% | -7.3% | 4.9% | -22.1% | -23.6% | -21.3% | -39.1% | -37.7% | -33.0% | -58.9% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -13.0% | -13.0% | 10.9% | -58.0% | -47.1% | -29.9% | -49.4% | -186.9% | — | — |
| ROA | -4.5% | -4.5% | 3.1% | -13.9% | -15.6% | -14.6% | -25.9% | -30.6% | -32.2% | -36.0% |
| ROIC | -5.2% | -5.2% | -17.1% | -66.1% | -114.8% | -84.4% | -219.3% | — | — | — |
| ROCE | -3.7% | -3.7% | -10.8% | -21.1% | -22.1% | -26.1% | -45.4% | -59.6% | -69.3% | -58.5% |
ESTC Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $728M exceeds total debt of $595M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.64 | 0.64 | 0.80 | 1.49 | 1.43 | 0.06 | 0.09 | — | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.14 | 0.07 | -0.13 | -0.64 | -0.83 | -0.63 | -1.13 | — | — |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — | — | — |
| Debt / FCF | — | -0.51 | 0.37 | -1.51 | — | -20.34 | — | — | — | — |
| Interest Coverage | -2.17 | -2.17 | -4.97 | -8.71 | -8.38 | -699.88 | — | — | — | — |
Net cash position: cash ($728M) exceeds total debt ($595M)
ESTC Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.92x means Elastic N.V. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 1.78x to 1.92x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.92 | 1.92 | 1.76 | 1.78 | 1.96 | 1.42 | 1.44 | 2.11 | 1.06 | 1.89 |
| Quick Ratio | 1.92 | 1.92 | 1.76 | 1.78 | 1.96 | 1.42 | 1.44 | 2.11 | 1.06 | 1.89 |
| Cash Ratio | 1.39 | 1.39 | 1.24 | 1.28 | 1.45 | 0.89 | 0.89 | 1.46 | 0.41 | 1.17 |
| Asset Turnover | — | 0.57 | 0.57 | 0.61 | 0.52 | 0.63 | 0.53 | 0.56 | 0.87 | 0.61 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 92.43 | 93.03 | 89.09 | 91.10 | 96.22 | 109.84 | 109.20 | 121.49 | 124.55 |
ESTC Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Elastic N.V. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | 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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 0.6% | — | — | — | — | — | — | — |
| FCF Yield | 4.8% | 2.9% | 1.4% | 0.6% | — | 0.2% | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Shares Outstanding | — | $104M | $104M | $96M | $93M | $87M | $79M | $55M | $62M | $62M |
Peer Comparison
Compare ESTC 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 |
|---|---|---|---|---|---|---|---|---|---|
 ESTCYou | $5B | -49.6 | — | 20.8 | 74.4% | -3.7% | -13.0% | -5.2% | — |
 DDOG | $67B | 629.1 | 874.0 | 67.1 | 80.0% | -1.3% | 3.3% | -0.8% | 19.6 |
 DT | $12B | 25.4 | 49.0 | 27.9 | 81.2% | 10.6% | 20.9% | 9.0% | 0.3 |
 MDB | $24B | -333.4 | — | 47.3 | 71.7% | -5.6% | -2.5% | -4.9% | — |
 CFLT | $11B | -36.0 | — | 175.6 | 74.3% | -32.6% | -27.7% | -15.8% | — |
 GTLB | $4B | -74.1 | — | 19.4 | 87.5% | -12.2% | -6.0% | -12.5% | — |
 PD | $680M | 4.0 | 146.6 | 6.1 | 84.9% | 1.2% | 83.0% | 1.2% | 70.8 |
 AMZN | $2.9T | 37.8 | 20.5 | 379.0 | 50.3% | 11.2% | 22.3% | 14.7% | 1.0 |
 MSFT | $3.1T | 30.9 | 19.7 | 43.7 | 68.8% | 45.6% | 33.3% | 24.9% | 0.7 |
 GOOGL | $4.8T | 36.8 | 32.2 | 65.7 | 59.7% | 32.1% | 35.7% | 25.1% | 0.4 |
 SNOW | $53B | -38.9 | — | 47.0 | 67.2% | -30.6% | -53.0% | -43.1% | — |
| 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 →
Download Financial Ratios Data
Includes 30+ ratios · 9 years · Updated daily
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Start ComparisonESTC — Frequently Asked Questions
Quick answers to the most common questions about buying ESTC stock.
What is Elastic N.V.'s P/E ratio?
Elastic N.V.'s current P/E ratio is -49.6x. The historical average is 173.3x.
What is Elastic N.V.'s ROE?
Elastic N.V.'s return on equity (ROE) is -13.0%. The historical average is -53.3%.
Is ESTC stock overvalued?
Based on historical data, Elastic N.V. is trading at a P/E of -49.6x. Compare with industry peers and growth rates for a complete picture.
What are Elastic N.V.'s profit margins?
Elastic N.V. has 74.4% gross margin and -3.7% operating margin.