Nebius Group N.V. (NBIS) Financial Ratios
17 years of historical data (2009–2025) · Communication Services · Internet Content & Information
EV/EBITDA
N/A
—
5yr avg: N/A
P/FCF
N/A
—
5yr avg: N/A
P/B Ratio
↑
10.13
↑+190% vs avg
5yr avg: 3.49
30Y Low2.4·High4.6
ROE
↑
2.6%
↓+390% vs avg
5yr avg: 0.5%
30Y Low-20%·High29%
Debt/EBITDA
N/A
—
5yr avg: 17.18
30Y Low0.6·High29.4
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
NBIS Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Nebius Group N.V. trades at 1679.7x earnings, 121% above its 5-year average of 761.0x, sitting at the 50th percentile of its historical range. Compared to the Communication Services sector median P/E of 15.4x, the stock trades at a premium of 10838%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $40.6B | $21.2B | $7.8B | — | — | — | — | — | — | — | — |
| Enterprise Value | $41.8B | $22.4B | $5.4B | — | — | — | — | — | — | — | — |
| P/E Ratio → | 1679.73 | 760.95 | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 76.54 | 39.98 | 66.24 | — | — | — | — | — | — | — | — |
| P/B Ratio | 10.13 | 4.59 | 2.39 | — | — | — | — | — | — | — | — |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — |
| P/OCF | 105.38 | 55.04 | 31.69 | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
NBIS 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 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 42.26 | 45.82 | — | — | — | — | — | — | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — | — | — | — |
NBIS Profitability
Margins and return-on-capital ratios measuring operating efficiency
Nebius Group N.V. earns an operating margin of -112.5%. Operating margins have expanded from -1567.0% to -112.5% over the past 3 years, signaling improving operational efficiency. ROE of 2.6% is modest.
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 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 68.6% | 68.6% | 37.5% | -52.6% | -110.4% | 51.2% | 60.7% | 68.2% | 71.9% | 74.5% | 74.0% |
| Operating Margin | -112.5% | -112.5% | -375.1% | -1567.0% | -1170.4% | -3.7% | 7.2% | 14.0% | 16.3% | 13.7% | 16.9% |
| Net Profit Margin | 19.2% | 19.2% | -545.9% | 1154.5% | 5523.0% | -4.1% | 11.3% | 7.2% | 36.0% | 9.8% | 9.0% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 2.6% | 2.6% | -19.6% | 6.2% | 18.2% | -4.7% | 8.0% | 6.0% | 28.1% | 11.0% | 9.9% |
| ROA | 1.3% | 1.3% | -10.4% | 2.8% | 9.8% | -2.8% | 5.7% | 4.9% | 22.0% | 7.7% | 6.5% |
| ROIC | -13.4% | -13.4% | -14.3% | -5.7% | -2.5% | -3.0% | 4.2% | 10.8% | 12.6% | 14.5% | 14.7% |
| ROCE | -8.4% | -8.4% | -10.8% | -6.2% | -2.8% | -3.1% | 4.2% | 10.9% | 12.1% | 13.6% | 14.0% |
NBIS Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Net debt stands at $1.2B ($4.9B total debt minus $3.7B cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.06 | 1.06 | 0.02 | 0.18 | 0.31 | 0.52 | 0.31 | 0.10 | 0.09 | 0.19 | 0.24 |
| Debt / EBITDA | — | — | — | — | — | 17.18 | 3.43 | 0.58 | 0.60 | 0.80 | 0.90 |
| Net Debt / Equity | — | 0.26 | -0.74 | 0.14 | 0.06 | 0.23 | -0.07 | -0.15 | -0.23 | -0.27 | -0.12 |
| Net Debt / EBITDA | — | — | — | — | — | 7.50 | -0.76 | -0.91 | -1.57 | -1.11 | -0.45 |
| Debt / FCF | — | — | — | 0.63 | 0.41 | — | -2.98 | -1.45 | — | -2.18 | -0.61 |
| Interest Coverage | — | — | — | — | -3.29 | -3.55 | 6.45 | 395.69 | 16.62 | 14.83 | 11.60 |
NBIS Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Nebius Group N.V.'s current ratio of 3.08x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 0.89x to 3.08x 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 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.08 | 3.08 | 9.60 | 0.89 | 1.28 | 1.80 | 4.62 | 2.58 | 3.09 | 2.27 | 5.13 |
| Quick Ratio | 3.08 | 3.08 | 9.60 | 0.83 | 1.13 | 1.71 | 4.54 | 2.57 | 3.08 | 2.27 | 5.13 |
| Cash Ratio | 2.41 | 2.41 | 9.28 | 0.03 | 0.45 | 0.96 | 3.79 | 1.90 | 2.31 | 1.84 | 4.31 |
| Asset Turnover | — | 0.04 | 0.03 | 0.00 | 0.00 | 0.69 | 0.43 | 0.60 | 0.49 | 0.72 | 0.66 |
| Inventory Turnover | 0.13 | — | — | 0.13 | 0.07 | 18.08 | 17.90 | 68.96 | 135.07 | 598.08 | — |
| Days Sales Outstanding | — | 496.24 | 137.92 | 200.84 | 38472.43 | 69.48 | 63.80 | 53.52 | 58.42 | 50.72 | 48.95 |
NBIS Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Nebius Group N.V. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 0.1% (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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 0.1% | 0.1% | — | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $253M | $281M | $371M | $413M | $362M | $353M | $327M | $327M | $376M | $326M |
Peer Comparison
Compare NBIS 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 |
|---|---|---|---|---|---|---|---|---|---|
 NBISYou | $41B | 1679.7 | — | — | 68.6% | -112.5% | 2.6% | -13.4% | — |
 LGND | $4B | -956.0 | 322.1 | 53.4 | 93.4% | -13.5% | -0.5% | -2.3% | 0.6 |
 GPUS | $128863 | -0.0 | — | — | 22.7% | -53.4% | -184.3% | -36.9% | — |
 ANET | $178B | 51.5 | 44.9 | 42.0 | 64.1% | 42.8% | 31.4% | 32.8% | — |
 VRT | $131B | 99.7 | 60.0 | 69.0 | 34.4% | 18.5% | 41.8% | 28.1% | 1.5 |
 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 |
 ORCL | $559B | 44.8 | 27.4 | — | 70.5% | 30.8% | 82.4% | 12.8% | 4.4 |
 IBM | $217B | 20.7 | 17.6 | 18.7 | 59.5% | 15.3% | 35.2% | 9.8% | 4.4 |
 DDOG | $67B | 629.1 | 874.0 | 67.1 | 80.0% | -1.3% | 3.3% | -0.8% | 19.6 |
| Communication Services Median | — | 15.4 | 9.0 | 11.8 | 48.3% | 0.7% | 2.2% | 3.0% | 3.5 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 17 years · Updated daily
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Start ComparisonNBIS — Frequently Asked Questions
Quick answers to the most common questions about buying NBIS stock.
What is Nebius Group N.V.'s P/E ratio?
Nebius Group N.V.'s current P/E ratio is 1679.7x. This places it at the 50th percentile of its historical range.
What is Nebius Group N.V.'s ROE?
Nebius Group N.V.'s return on equity (ROE) is 2.6%. The historical average is 8.0%.
Is NBIS stock overvalued?
Based on historical data, Nebius Group N.V. is trading at a P/E of 1679.7x. 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 Nebius Group N.V.'s profit margins?
Nebius Group N.V. has 68.6% gross margin and -112.5% operating margin.