DOCN vs NTNX vs SNOW Stock Comparison

DigitalOcean Holdings, Nutanix and Snowflake Prices as of Oct 27, 2026 Peers: Industry group
NTNX Nutanix, Inc.
$72.74 +6.9% 1M +4.6% 1Y
Market cap
$19.51B
P/E
12.9x
Revenue (TTM)
$2.85B
Div. yield
–
Cloud Platforms Technology
6 wins
SNOW Snowflake Inc.
$337.43 +0.4% 1M +26.9% 1Y
Market cap
$119.48B
P/E
–
Revenue (TTM)
$5.43B
Div. yield
–
Data Infrastructure Technology
2 wins

Head to Head

9 decided of 12

Nutanix leads on 6 of the 12 questions below (Nutanix 6, Snowflake 2, DigitalOcean Holdings 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDOCNNTNXSNOWLeader
Larger companyMarket capitalisation $10.87B $19.51B $119.48B SNOW
Cheaper on earningsLower P/E, profitable companies only 46.2x 12.9x -109.5x NTNX
Cheaper on forward earningsLower price / next fiscal year consensus EPS 78.3x 29.9x 157.7x NTNX
Faster revenue growthRevenue growth, trailing twelve months +21.4% +12.4% +32.0% SNOW
More profitableNet margin, trailing twelve months 23.3% 53.0% -20.1% NTNX
Better return on capitalReturn on invested capital 8.2% — — –
Less leveragedLower net debt / EBITDA 0.5x — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +163.6% +4.6% +26.9% DOCN
Better 5-year returnAnnualised price return, 5 years +2.2%/yr +16.2%/yr -0.6%/yr NTNX
Less volatileAnnualised volatility, 1 year 85.7% 47.3% 63.1% NTNX
Higher overall scoreMean of the five percentile scores vs peers 59/100 80/100 46/100 NTNX

Percentile Scorecard

DOCNNTNXSNOW

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisDOCNNTNXSNOW
Valuation 38 #24 of 38 70 #12 of 38 29 #89 of 124
Growth 83 #7 of 36 91 #4 of 36 68 #37 of 113
Profitability 85 #6 of 34 91 #4 of 34 50 #55 of 109
Financial Health 54 #18 of 38 62 #15 of 38 23 #98 of 127
Shareholder Returns 35 #14 of 21 85 #4 of 21 59 #27 of 65
Overall 59 80 46
  • DOCN ranked among 39 companies in Cloud Computing
  • NTNX ranked among 39 companies in Cloud Computing
  • SNOW ranked among 137 companies in Infrastructure Software

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodDOCNNTNXSNOWSPY
1 month -23.8%+6.9%+0.4% -0.2%
3 months -5.4%+23.2%+24.9% +3.9%
6 months +12.8%+76.1%+136.7% +8.2%
Year to date +121.2%+40.7%+53.8% +12.9%
1 year +163.6%+4.6%+26.9% +12.3%
3 years +418.2%+109.5%+135.3% +87.4%
3 years, per year +73.1%+28.0%+33.0% +23.3%
5 years +11.4%+111.9%-3.0% +67.9%
5 years, per year +2.2%+16.2%-0.6% +10.9%
10 years —+165.2%— +261.1%
10 years, per year —+10.2%— +13.7%

Risk

MeasureDOCNNTNXSNOWSPY
Volatility, 1Y 85.7%47.3%63.1% 12.7%
Downside volatility, 1Y 73.7%50.8%54.8% 12.7%
Beta vs S&P 500, 1Y 2.740.741.34 1.00
Return / volatility, 1Y 1.910.100.43 0.97
Max drawdown, 5Y -84.8%-62.1%-73.0% -25.4%
From 52-week high -41.3%-2.5%-8.5% -1.2%
52-week high $181.29$74.63$368.93 $779.14
52-week low $37.94$34.41$121.11 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleDOCNNTNXSNOW
P/E now vs peer median 47.3xmedian 29.5x 12.9xmedian 29.5x -108.0xmedian 38.6x
P/S now vs peer median 11.1xmedian 4.5x 6.9xmedian 4.5x 21.9xmedian 4.4x
EV/EBITDA now vs peer median 35.2xmedian 23.9x 49.5xmedian 23.9x -148.6xmedian 34.5x
P/FCF now vs peer median 695.0xmedian 15.0x 23.4xmedian 15.0x 99.5xmedian 29.4x
P/B now vs peer median 12.0xmedian 4.3x 28.0xmedian 4.3x 55.3xmedian 3.3x
PEG now vs peer median 0.37median 0.38 0.11median 0.38 18.29median 1.28

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsDOCNNTNXSNOW
Revenue $1.01B $2.85B $5.43B
Gross profit $578.58M $2.48B $3.64B
Operating income $149.67M $273.97M -$1.24B
Net income $235.24M $1.51B -$1.09B
Free cash flow $16.08M $840.68M $1.20B
R&D $188.73M $790.89M $2.11B
EPS (diluted) $1.86 $5.17 $-3.12
Cash & equivalents $767.03M $777.31M $1.71B
Total debt $921.05M – –
Shares (diluted) 126.55M 292.18M 349.26M
Enterprise value $8.87B $11.19B $106.80B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricDOCNNTNXSNOW
P/E 47.3x 12.9x -108.0x
P/FCF 695.0x 23.4x 99.5x
P/Operating cash flow 36.1x 21.5x 94.9x
P/S 11.1x 6.9x 21.9x
P/B 12.0x 28.0x 55.3x
P/Tangible book 13.3x 28.1x 69.0x
EV/EBITDA 35.2x 49.5x -148.6x
EV/EBIT 75.7x 63.2x -94.3x
EV/Revenue 11.2x 6.1x 21.5x
EV/FCF 704.6x 20.6x 97.5x
EV/Operating cash flow 36.6x 18.9x 93.0x
PEG (3Y EPS CAGR) 0.37 0.11 18.29

Growth

14 metrics
MetricDOCNNTNXSNOW
Revenue growth (1Y) 21.4% 12.4% 32.0%
Revenue CAGR (3Y) 15.9% 15.3% 30.5%
Gross profit growth (1Y) 15.0% 12.4% 32.9%
Gross profit CAGR (3Y) 14.2% 17.4% 31.0%
Operating income growth (1Y) 14.8% 58.8% 19.7%
Operating income CAGR (3Y) 80.3% 49.2% -7.2%
Net income growth (1Y) 86.0% 700.0% 21.1%
Net income CAGR (3Y) 147.5% 0.0% -8.2%
EPS growth (1Y) 47.9% 694.1% 24.1%
EPS CAGR (3Y) 129.0% 113.9% -5.9%
Operating cash flow growth (1Y) 2.9% 11.6% 49.6%
Operating cash flow CAGR (3Y) 12.3% 49.9% 22.7%
Free cash flow growth (1Y) -84.5% 12.1% 59.1%
Free cash flow CAGR (3Y) -48.0% 59.5% 22.4%

Profitability

14 metrics
MetricDOCNNTNXSNOW
Gross margin 57.2% 86.8% 67.0%
EBITDA margin 31.8% 12.3% -14.4%
Operating margin 14.8% 9.6% -22.8%
Pretax margin 17.3% 11.5% -19.8%
Net margin 23.3% 53.0% -20.1%
FCF margin 1.6% 29.5% 22.0%
Operating cash flow margin 30.7% 32.1% 23.1%
Return on equity 25.9% – -53.2%
Return on assets 8.3% 35.5% -12.6%
Return on invested capital 8.2% – –
Return on capital employed 7.2% 10.7% -25.2%
Asset turnover 0.4x 0.7x 0.6x
Cash conversion (OCF / net income) 1.3x 0.6x -1.1x
Stock comp / revenue 9.4% 12.5% 30.2%

Financial Health

11 metrics
MetricDOCNNTNXSNOW
Debt / assets 29.5% – –
Debt / equity 1.0x – –
Net debt / EBITDA 0.5x – –
Debt / FCF 57.3x – –
Liabilities / assets 70.2% 86.2% 75.3%
Equity / assets 29.8% 13.8% 24.7%
Interest coverage 4.8x – -148.8x
Current ratio 1.3x 1.8x 0.9x
Quick ratio 1.1x 1.6x 0.8x
Cash ratio 1.0x 1.4x 0.6x
Altman Z-score 3.64 2.74 9.38

Shareholder Returns

7 metrics
MetricDOCNNTNXSNOW
Dividend yield – – –
Net buyback yield -8.0% 1.4% 0.4%
Shareholder yield -8.0% 1.4% 0.4%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusDOCNNTNXSNOW
Forward P/E 78.3xFY2026 29.9xFY2027 157.7xFY2026
EPS, next fiscal year $1.36FY2026 $2.43FY2027 $2.14FY2026
EPS growth, next FY -35.8%FY2026 +19.1%FY2027 +71.2%FY2026
EPS growth, the year after +25.0% +5.3% +36.9%
Revenue, next fiscal year $1.11BFY2026 $3.42BFY2027 $6.16BFY2026
Revenue growth, next FY +23.5%FY2026 +20.0%FY2027 +31.5%FY2026
Revenue growth, the year after +52.7% +11.2% +41.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDOCNNTNXSNOW
Held by institutions 91.0% 98.7% 79.8%
Institutions holding 566 559 1,459
Change in shares held, QoQ -0.9% +10.5% +9.1%
Institutions buying 331 332 850
Institutions selling 187 174 473
Buyers to sellers 1.77 1.91 1.80

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

DOCNNTNXSNOW
DOCN 1.00 0.23 0.26
NTNX 0.23 1.00 0.52
SNOW 0.26 0.52 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DOCN, NTNX and SNOW?

Snowflake (SNOW) is the largest by market capitalisation: DigitalOcean Holdings (DOCN) $10.87B, Nutanix (NTNX) $19.51B, Snowflake (SNOW) $119.48B.

Which stock is cheaper, DOCN, NTNX and SNOW?

Nutanix (NTNX) trades on the lowest price-to-earnings ratio (DigitalOcean Holdings (DOCN) 46.2x, Nutanix (NTNX) 12.9x, Snowflake (SNOW) -109.5x). On next year's consensus earnings, Nutanix (NTNX) is cheapest (DigitalOcean Holdings (DOCN) 78.3x, Nutanix (NTNX) 29.9x, Snowflake (SNOW) 157.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Snowflake (SNOW) grew revenue fastest over the trailing twelve months: DigitalOcean Holdings (DOCN) +21.4%, Nutanix (NTNX) +12.4%, Snowflake (SNOW) +32.0%.

Which company is more profitable?

Nutanix (NTNX) has the highest net margin (DigitalOcean Holdings (DOCN) 23.3%, Nutanix (NTNX) 53.0%, Snowflake (SNOW) -20.1%).

Which stock has performed better?

Over the past year DigitalOcean Holdings (DOCN) returned the most: DigitalOcean Holdings (DOCN) +163.6%, Nutanix (NTNX) +4.6%, Snowflake (SNOW) +26.9%. Over five years, Nutanix (NTNX) compounded fastest (DigitalOcean Holdings (DOCN) +2.2%/yr, Nutanix (NTNX) +16.2%/yr, Snowflake (SNOW) -0.6%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Nutanix (NTNX) has been the steadiest (DigitalOcean Holdings (DOCN) 85.7%, Nutanix (NTNX) 47.3%, Snowflake (SNOW) 63.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DOCN, NTNX and SNOW?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Nutanix (NTNX) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.