Nutanix, Inc. (NTNX) Financial Ratios
13 years of historical data (2013–2025) · Technology · Software - Infrastructure
EV/EBITDA
↓
50.52
↓-59% vs avg
5yr avg: 123.31
30Y Low93.0·High93.0
P/FCF
↓
15.56
↓-76% vs avg
5yr avg: 66.17
30Y Low20.7·High180.5
P/B Ratio
N/A
—
5yr avg: N/A
30Y Low12.6·High24.5
ROE
N/A
—
5yr avg: N/A
30Y Low-270%·High-109%
Debt/EBITDA
↓
6.05
↓-17% vs avg
5yr avg: 7.33
30Y Low6.0·High8.6
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
NTNX Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Nutanix, Inc. trades at 66.4x earnings, 43% below its 5-year average of 115.6x, sitting at the 0th percentile of its historical range. Compared to the Technology sector median P/E of 27.5x, the stock trades at a premium of 141%. On a free-cash-flow basis, the stock trades at 15.6x P/FCF, 76% below the 5-year average of 66.2x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $11.7B | $22.1B | $12.4B | $7.0B | $3.3B | $7.4B | $4.3B | $4.1B | $8.0B | $2.7B | — |
| Enterprise Value | $12.4B | $22.8B | $12.4B | $7.9B | $4.4B | $8.3B | $4.6B | $4.2B | $8.1B | $2.6B | — |
| P/E Ratio → | 66.35 | 115.65 | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 4.60 | 8.71 | 5.75 | 3.78 | 2.11 | 5.33 | 3.30 | 3.32 | 6.94 | 3.22 | — |
| P/B Ratio | — | — | — | — | — | — | — | 21.99 | 24.55 | 12.56 | — |
| P/FCF | 15.56 | 29.47 | 20.68 | 34.03 | 180.50 | — | — | — | 265.79 | — | — |
| P/OCF | 14.21 | 26.91 | 18.37 | 25.86 | 49.40 | — | — | 97.45 | 86.68 | 197.20 | — |
P/E links to full P/E history page with 30-year chart
NTNX EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Nutanix, Inc.'s enterprise value stands at 50.5x EBITDA, 59% below its 5-year average of 123.3x. The Technology sector median is 17.4x, placing the stock at a 191% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 8.99 | 5.77 | 4.22 | 2.77 | 5.98 | 3.55 | 3.37 | 7.05 | 3.06 | — |
| EV / EBITDA | 50.52 | 93.05 | 153.56 | — | — | — | — | — | — | — | — |
| EV / EBIT | 71.80 | 103.71 | 182.21 | — | — | — | — | — | — | — | — |
| EV / FCF | — | 30.42 | 20.75 | 37.98 | 236.70 | — | — | — | 269.89 | — | — |
NTNX Profitability
Margins and return-on-capital ratios measuring operating efficiency
Nutanix, Inc. earns an operating margin of 6.8%. Operating margins have expanded from -11.1% to 6.8% over the past 3 years, signaling improving operational efficiency. ROIC of 688.9% represents excellent returns on invested capital.
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 | 86.8% | 86.8% | 84.9% | 82.2% | 79.7% | 79.1% | 78.1% | 75.4% | 66.6% | 61.3% | 66.1% |
| Operating Margin | 6.8% | 6.8% | 0.4% | -11.1% | -29.0% | -47.5% | -63.4% | -48.4% | -24.3% | -41.2% | -20.8% |
| Net Profit Margin | 7.4% | 7.4% | -5.8% | -13.7% | -50.5% | -74.2% | -66.8% | -50.3% | -25.7% | -44.9% | -21.5% |
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 | — | — | — | — | — | — | — | -241.9% | -109.3% | -174.9% | — |
| ROA | 6.9% | 6.9% | -5.3% | -10.4% | -34.4% | -51.1% | -49.1% | -36.7% | -25.4% | -66.8% | -33.4% |
| ROIC | 688.9% | 688.9% | — | -89.3% | -514.1% | — | -415.9% | -128.2% | -79.5% | -332.0% | — |
| ROCE | 12.5% | 12.5% | 0.7% | -16.0% | -35.9% | -56.2% | -75.5% | -51.4% | -35.7% | -113.6% | -63.2% |
NTNX Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Nutanix, Inc. carries a Debt/EBITDA ratio of 6.0x, which is highly leveraged (111% above the sector average of 2.9x). Net debt stands at $713M ($1.5B total debt minus $770M cash). Interest coverage of 8.7x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | — | — | 2.46 | 1.31 | — | — |
| Debt / EBITDA | 6.05 | 6.05 | 8.61 | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | — | — | — | — | — | — | 0.33 | 0.38 | -0.64 | — |
| Net Debt / EBITDA | 2.91 | 2.91 | 0.49 | — | — | — | — | — | — | — | — |
| Debt / FCF | — | 0.95 | 0.07 | 3.95 | 56.20 | — | — | — | 4.10 | — | — |
| Interest Coverage | 8.75 | 8.75 | 0.04 | -3.23 | -7.56 | -8.28 | -26.47 | -20.40 | -19.08 | — | -45.49 |
NTNX Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.72x means Nutanix, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 1.53x to 1.72x 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 | 1.72 | 1.72 | 1.06 | 1.53 | 1.33 | 1.56 | 1.35 | 2.05 | 2.68 | 1.79 | 1.47 |
| Quick Ratio | 1.72 | 1.72 | 1.06 | 1.53 | 1.33 | 1.56 | 1.35 | 2.05 | 2.68 | 1.79 | 1.47 |
| Cash Ratio | 1.41 | 1.41 | 0.80 | 1.27 | 1.14 | 1.31 | 0.95 | 1.52 | 2.04 | 1.12 | 0.87 |
| Asset Turnover | — | 0.77 | 1.00 | 0.74 | 0.67 | 0.61 | 0.74 | 0.69 | 0.72 | 1.15 | 1.26 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 50.09 | 40.40 | 31.98 | 30.50 | 49.49 | 72.42 | 73.98 | 81.59 | 77.18 | 80.23 |
NTNX Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Nutanix, Inc. returns 2.6% 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 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 | 1.5% | 0.9% | — | — | — | — | — | — | — | — | — |
| FCF Yield | 6.4% | 3.4% | 4.8% | 2.9% | 0.6% | — | — | — | 0.4% | — | — |
| Buyback Yield | 2.6% | 1.4% | 1.1% | 0.0% | 1.8% | 1.7% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Total Shareholder Yield | 2.6% | 1.4% | 1.1% | 0.0% | 1.8% | 1.7% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Shares Outstanding | — | $294M | $245M | $233M | $221M | $206M | $195M | $181M | $164M | $128M | $136M |
Peer Comparison
Compare NTNX 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 |
|---|---|---|---|---|---|---|---|---|---|
 NTNXYou | $12B | 66.4 | 50.5 | 15.6 | 86.8% | 6.8% | — | 688.9% | 6.0 |
 CVLT | $4B | 64.1 | 38.5 | 18.8 | 80.3% | 8.9% | 42.5% | 268.6% | 7.9 |
 SCSC | $886M | 13.6 | 7.9 | 8.5 | 13.4% | 2.8% | 7.8% | 7.0% | 1.3 |
 PSTG | $22B | 142.5 | 81.3 | 35.7 | 70.4% | 3.1% | 13.7% | 10.3% | 0.8 |
 HPE | $40B | -680.7 | 13.0 | 64.3 | 28.8% | 4.8% | 0.2% | 3.5% | 5.1 |
 NTAP | $22B | 19.7 | 14.5 | 16.5 | 70.2% | 20.3% | 108.5% | 54.4% | 2.2 |
 CSCO | $363B | 35.9 | 26.2 | 27.3 | 64.9% | 20.8% | 22.1% | 13.0% | 2.0 |
 DELL | $80B | — | 12.2 | — | 20.0% | 7.2% | — | 33.0% | 3.9 |
 IBM | $212B | 20.2 | 17.3 | 18.3 | 59.5% | 15.3% | 35.2% | 9.8% | 4.4 |
 ZS | $22B | -514.2 | — | 30.7 | 76.9% | -4.8% | -2.7% | -8.4% | — |
 PANW | $129B | 114.7 | 80.1 | 37.2 | 73.4% | 13.5% | 17.5% | 17.1% | 0.2 |
| Technology Median | — | 27.5 | 17.4 | 19.8 | 48.6% | -0.5% | 2.4% | 2.9% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonNTNX — Frequently Asked Questions
Quick answers to the most common questions about buying NTNX stock.
What is Nutanix, Inc.'s P/E ratio?
Nutanix, Inc.'s current P/E ratio is 66.4x. The historical average is 115.6x.
What is Nutanix, Inc.'s EV/EBITDA?
Nutanix, Inc.'s current EV/EBITDA is 50.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 93.0x.
Is NTNX stock overvalued?
Based on historical data, Nutanix, Inc. is trading at a P/E of 66.4x. Compare with industry peers and growth rates for a complete picture.
What are Nutanix, Inc.'s profit margins?
Nutanix, Inc. has 86.8% gross margin and 6.8% operating margin.
How much debt does Nutanix, Inc. have?
Nutanix, Inc.'s Debt/EBITDA ratio is 6.0x, indicating high leverage. A ratio above 4x may signal elevated financial risk.