13 years of historical data (2013–2025) · Technology · Software - Infrastructure
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
Nutanix, Inc. trades at 72.2x earnings, 38% 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 29.0x, the stock trades at a premium of 149%. On a free-cash-flow basis, the stock trades at 16.9x P/FCF, 74% 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 | $12.7B | $22.1B | $12.4B | $7.0B | $3.3B | $7.4B | $4.3B | $4.1B | $8.0B | $2.7B | — |
| Enterprise Value | $13.4B | $22.8B | $12.4B | $7.9B | $4.4B | $8.3B | $4.6B | $4.2B | $8.1B | $2.6B | — |
| P/E Ratio → | 72.15 | 115.65 | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 5.00 | 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 | 16.90 | 29.47 | 20.68 | 34.03 | 180.50 | — | — | — | 265.79 | — | — |
| P/OCF | 15.43 | 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
Enterprise-value multiples — capital-structure-neutral measures of total business value
Nutanix, Inc.'s enterprise value stands at 54.6x EBITDA, 56% below its 5-year average of 123.3x. The Technology sector median is 16.7x, placing the stock at a 228% 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 | 54.60 | 93.05 | 153.56 | — | — | — | — | — | — | — | — |
| EV / EBIT | 77.61 | 103.71 | 182.21 | — | — | — | — | — | — | — | — |
| EV / FCF | — | 30.42 | 20.75 | 37.98 | 236.70 | — | — | — | 269.89 | — | — |
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.
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% |
| 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% |
Solvency and debt-coverage ratios — lower is generally safer
Nutanix, Inc. carries a Debt/EBITDA ratio of 6.0x, which is highly leveraged (106% above the sector average of 2.9x). Net debt stands at $713M ($1.5B total debt minus $770M cash). Interest coverage of 11.2x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| 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 | 11.15 | 11.15 | 0.40 | -2.64 | -11.84 | -11.72 | -26.31 | -19.91 | -19.08 | — | -45.49 |
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 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Nutanix, Inc. returns 2.4% to shareholders annually primarily through share buybacks. The earnings yield of 1.4% (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 | 1.4% | 0.9% | — | — | — | — | — | — | — | — | — |
| FCF Yield | 5.9% | 3.4% | 4.8% | 2.9% | 0.6% | — | — | — | 0.4% | — | — |
| Buyback Yield | 2.4% | 1.4% | 1.1% | 0.0% | 1.8% | 1.7% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Total Shareholder Yield | 2.4% | 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 |
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 |
|---|---|---|---|---|---|---|---|---|---|
| $13B | 72.2 | 54.6 | 16.9 | 86.8% | 6.8% | — | 688.9% | 6.0 | |
| $6B | 82.3 | 49.5 | 24.1 | 80.3% | 8.9% | 42.5% | 268.6% | 7.9 | |
| $1B | 16.5 | 8.9 | 9.7 | 13.4% | 2.8% | 7.8% | 7.0% | 1.3 | |
| $28B | 183.4 | 106.1 | 46.3 | 70.4% | 3.1% | 13.0% | 10.7% | 0.8 | |
| $63B | -1063.0 | 18.5 | 100.1 | 28.8% | 4.8% | 0.2% | 3.4% | 5.5 | |
| $32B | 25.1 | 16.1 | 16.9 | 70.7% | 24.5% | 106.7% | 124.4% | 1.3 | |
| $471B | 46.9 | 33.6 | 35.5 | 64.9% | 20.8% | 22.1% | 13.0% | 1.9 | |
| $272B | 47.2 | 25.5 | 31.8 | 20.0% | 7.4% | — | 34.2% | 2.7 | |
| $234B | 22.3 | 18.7 | 20.2 | 59.5% | 15.3% | 35.2% | 9.8% | 4.4 | |
| $20B | -462.4 | — | 27.8 | 76.9% | -4.8% | -2.7% | -8.4% | — | |
| $196B | 179.9 | 122.4 | 56.5 | 73.4% | 13.5% | 17.5% | 17.1% | 0.2 | |
| Technology Median | — | 29.0 | 16.7 | 19.2 | 48.8% | 0.2% | 1.6% | 2.7% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Includes 30+ ratios · 13 years · Updated daily
Deep dive into NTNX consensus models and risk factors.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying NTNX stock.
Nutanix, Inc.'s current P/E ratio is 72.2x. The historical average is 115.6x.
Nutanix, Inc.'s current EV/EBITDA is 54.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 93.0x.
Based on historical data, Nutanix, Inc. is trading at a P/E of 72.2x. Compare with industry peers and growth rates for a complete picture.
Nutanix, Inc. has 86.8% gross margin and 6.8% operating margin.
Nutanix, Inc.'s Debt/EBITDA ratio is 6.0x, indicating high leverage. A ratio above 4x may signal elevated financial risk.