17 years of historical data (2009–2025) · Communication Services · Internet Content & Information
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Nebius Group N.V. trades at 964.7x earnings, 27% 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 14.8x, the stock trades at a premium of 6440%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $23.3B | $21.2B | $7.8B | — | — | — | — | — | — | — | — |
| Enterprise Value | $24.5B | $22.4B | $5.4B | — | — | — | — | — | — | — | — |
| P/E Ratio → | 964.73 | 760.95 | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 43.96 | 39.98 | 66.24 | — | — | — | — | — | — | — | — |
| P/B Ratio | 5.82 | 4.59 | 2.39 | — | — | — | — | — | — | — | — |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — |
| P/OCF | 60.52 | 55.04 | 31.69 | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
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 | — | — | — | — | — | — | — | — | — | — | — |
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.
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% |
| 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% |
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 |
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 |
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.
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 | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
Compare NBIS with 4 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| NBISYou | $23B | 964.7 | — | — | 68.6% | -112.5% | 2.6% | -13.4% | — |
| BIDU | $11B | 13.8 | 3.6 | 5.8 | 50.3% | 16.0% | 8.7% | 4.8% | 2.2 |
| PINS | $1B | 28.8 | 2.0 | 1.1 | 80.1% | 7.6% | 8.8% | 6.2% | 0.7 |
| OPRA | $1B | 13.9 | 9.3 | 15.1 | 72.4% | 19.2% | 8.7% | 8.3% | 0.1 |
| TRVG | $68M | 16.6 | -6.5 | 17.9 | 97.3% | 0.3% | 5.5% | 1.0% | 6.4 |
| Communication Services Median | — | 14.8 | 7.4 | 10.0 | 50.8% | -0.5% | 2.6% | 1.6% | 3.6 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 17 years · Updated daily
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Start ComparisonNebius Group N.V.'s current P/E ratio is 964.7x. This places it at the 50th percentile of its historical range.
Nebius Group N.V.'s return on equity (ROE) is 2.6%. The historical average is 8.0%.
Based on historical data, Nebius Group N.V. is trading at a P/E of 964.7x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Nebius Group N.V. has 68.6% gross margin and -112.5% operating margin.