Elastic NV
NYSE:ESTC
ROE
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 Across Competitors
ROE Comparison
Elastic NV Competitors
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
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.
Based on Elastic NV's most recent financial statements, the company has ROE of 10.3%.