28 years of historical data (1997–2024) · Technology · Software - Application
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
MicroStrategy Incorporated 10.00% Series A Perpetual Strife Preferred Stock currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | — | — | — | — | — | — | — | — | — | — | — |
| Enterprise Value | — | — | — | — | — | — | — | — | — | — | — |
| P/E Ratio → | -16.26 | — | — | — | — | — | — | — | — | — | — |
| P/S Ratio | — | — | — | — | — | — | — | — | — | — | — |
| P/B Ratio | 1.04 | — | — | — | — | — | — | — | — | — | — |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — | — | — | — | — |
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 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | — | — | — | — | — | — | — | — | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
MicroStrategy Incorporated 10.00% Series A Perpetual Strife Preferred Stock earns an operating margin of -399.8%. Operating margins have compressed from -255.5% to -399.8% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -11.4% indicates the company is currently destroying shareholder equity.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 72.1% | 72.1% | 77.8% | 79.4% | 82.0% | 81.1% | 79.4% | 80.0% | 80.8% | 81.9% | 80.9% |
| Operating Margin | -399.8% | -399.8% | -23.2% | -255.5% | -153.6% | -2.8% | -0.2% | 0.8% | 14.5% | 21.3% | 25.3% |
| Net Profit Margin | -251.7% | -251.7% | 86.5% | -294.4% | -104.8% | -1.6% | 7.1% | 4.5% | 3.6% | 18.0% | 20.0% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -11.4% | -11.4% | 48.2% | -493.4% | -69.9% | -1.4% | 6.6% | 4.0% | 3.2% | 18.3% | 27.2% |
| ROA | -7.6% | -7.6% | 12.0% | -49.3% | -21.3% | -0.6% | 3.9% | 2.5% | 2.1% | 12.9% | 17.4% |
| ROIC | -9.3% | -9.3% | -2.7% | -37.0% | -27.9% | -1.7% | -0.3% | 1.0% | 34.3% | 52.5% | 59.0% |
| ROCE | -12.4% | -12.4% | -3.5% | -47.8% | -35.5% | -1.5% | -0.2% | 0.6% | 11.0% | 20.5% | 31.7% |
Solvency and debt-coverage ratios — lower is generally safer
Net debt stands at $7.2B ($7.3B total debt minus $38M cash).
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.40 | 0.40 | 1.04 | — | 2.28 | 1.03 | 0.20 | — | — | — | — |
| Debt / EBITDA | — | — | — | — | — | — | 13.62 | — | — | — | — |
| Net Debt / Equity | — | 0.40 | 1.02 | — | 2.22 | 0.92 | -0.69 | -0.21 | -0.71 | -0.73 | -0.64 |
| Net Debt / EBITDA | — | — | — | — | — | — | -46.54 | -14.31 | -4.73 | -3.11 | -1.88 |
| Debt / FCF | — | — | — | — | — | — | -6.97 | -29.07 | -5.65 | -3.71 | -2.14 |
| Interest Coverage | -29.92 | -29.92 | -2.35 | -24.01 | -26.91 | -7.51 | — | — | — | — | — |
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.71x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 0.83x to 0.71x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.71 | 0.71 | 0.83 | 0.83 | 0.86 | 0.95 | 2.79 | 3.01 | 4.66 | 3.69 | 3.27 |
| Quick Ratio | 0.71 | 0.71 | 0.83 | 0.83 | 0.86 | 0.95 | 2.79 | 3.01 | 4.66 | 3.69 | 3.27 |
| Cash Ratio | 0.11 | 0.11 | 0.14 | 0.14 | 0.20 | 0.21 | 2.10 | 2.23 | 3.65 | 3.18 | 2.81 |
| Asset Turnover | — | 0.02 | 0.10 | 0.21 | 0.14 | 0.33 | 0.53 | 0.58 | 0.54 | 0.67 | 0.81 |
| Inventory Turnover | 1.72 | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 142.71 | 135.20 | 138.38 | 135.26 | 149.92 | 122.72 | 125.69 | 119.80 | 59.21 | 46.95 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
MicroStrategy Incorporated 10.00% Series A Perpetual Strife Preferred Stock does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — | — | — | — |
| Buyback Yield | — | — | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | — | — | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $193M | $166M | $113M | $100M | $97M | $103M | $114M | $115M | $115M | $115M |
Compare STRF 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 |
|---|---|---|---|---|---|---|---|---|---|
| STRFYou | — | -16.3 | — | — | 72.1% | -399.8% | -11.4% | -9.3% | — |
| SNOW | $58B | -42.6 | — | 51.5 | 67.2% | -30.6% | -53.0% | -43.1% | — |
| KC | $50B | -11.4 | — | — | 17.2% | -22.3% | -30.8% | -17.7% | — |
| ESTC | $5B | -50.1 | — | 21.0 | 74.4% | -3.7% | -13.0% | -5.2% | — |
| CALX | $3B | 199.1 | 85.6 | 29.7 | 56.8% | 2.1% | 2.2% | 2.1% | 0.7 |
| STRC | $3B | -16.5 | — | — | 72.1% | -399.8% | -11.4% | -9.3% | — |
| MSTR | $3B | -21.4 | — | — | 72.1% | -399.8% | -11.4% | -9.3% | — |
| IE | $3B | -21.8 | — | — | -1976.6% | -3422.2% | -30.1% | -28.1% | — |
| OS | $2B | -84.3 | — | 19.8 | 68.7% | -15.7% | -9.2% | — | — |
| AMPL | $216M | -10.9 | — | 7.7 | 74.0% | -28.0% | -32.7% | -47.8% | — |
| DOMO | $138M | -1.7 | — | — | 74.5% | -18.7% | — | — | — |
| Technology Median | — | 25.2 | 15.7 | 17.3 | 49.8% | -0.9% | 1.1% | 2.9% | 3.0 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 28 years · Updated daily
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Start ComparisonMicroStrategy Incorporated 10.00% Series A Perpetual Strife Preferred Stock's current P/E ratio is -16.3x. This places it at the 50th percentile of its historical range.
MicroStrategy Incorporated 10.00% Series A Perpetual Strife Preferred Stock's return on equity (ROE) is -11.4%. The historical average is -19.7%.
Based on historical data, MicroStrategy Incorporated 10.00% Series A Perpetual Strife Preferred Stock is trading at a P/E of -16.3x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
MicroStrategy Incorporated 10.00% Series A Perpetual Strife Preferred Stock has 72.1% gross margin and -399.8% operating margin.