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Elastic NV
NYSE:ESTC

Watchlist Manager
Elastic NV Logo
Elastic NV
NYSE:ESTC
Watchlist
Price: 103.6 USD 1.03%
Updated: Apr 24, 2024

ROE
Return on Equity

10.3%
Current
-41%
Average
3.7%
Industry
Positive for the last year
10.3%
Negative average
-41%
Better than average
Better than industry value

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
10.3%
=
Net Income
56.1m
/
Equity
546.4m

ROE Across Competitors

ROE Comparison
Elastic NV Competitors

Country Company Market Cap ROE
NL
Elastic NV
NYSE:ESTC
10.4B USD
10%
US
Ezenia! Inc
OTC:EZEN
789.1B USD
-1 024%
US
Advant-e Corp
OTC:ADVC
670.7B USD
39%
US
Salesforce Inc
NYSE:CRM
268B USD
7%
DE
SAP SE
XETRA:SAP
204.9B EUR
15%
US
Adobe Inc
NASDAQ:ADBE
216.3B USD
33%
US
Intuit Inc
NASDAQ:INTU
177.7B USD
17%
US
Synopsys Inc
NASDAQ:SNPS
81B USD
23%
US
Cadence Design Systems Inc
NASDAQ:CDNS
75.5B USD
34%
US
Workday Inc
NASDAQ:WDAY
67.5B USD
20%
CA
Constellation Software Inc
TSX:CSU
78.1B CAD
31%
Country NL
Market Cap 10.4B USD
ROE
10%
Country US
Market Cap 789.1B USD
ROE
-1 024%
Country US
Market Cap 670.7B USD
ROE
39%
Country US
Market Cap 268B USD
ROE
7%
Country DE
Market Cap 204.9B EUR
ROE
15%
Country US
Market Cap 216.3B USD
ROE
33%
Country US
Market Cap 177.7B USD
ROE
17%
Country US
Market Cap 81B USD
ROE
23%
Country US
Market Cap 75.5B USD
ROE
34%
Country US
Market Cap 67.5B USD
ROE
20%
Country CA
Market Cap 78.1B CAD
ROE
31%

Profitability Report

View the profitability report to see the full profitability analysis for Elastic NV.

See Also

Discover More
What is Return on Equity?

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
10.3%
=
Net Income
56.1m
/
Equity
546.4m
What is the ROE of Elastic NV?

Based on Elastic NV's most recent financial statements, the company has ROE of 10.3%.