ESTC vs ORCL vs SNOW Stock Comparison

Elastic, Oracle and Snowflake Prices as of Oct 23, 2026 Peers: Industry group
ESTC Elastic N.V.
$102.42 +12.2% 1M +17.5% 1Y
Market cap
$11.14B
P/E
29.6x
Revenue (TTM)
$1.80B
Div. yield
–
Data Infrastructure Technology
2 wins
ORCL Oracle Corp
$126.08 -12.8% 1M -55.0% 1Y
Market cap
$373.36B
P/E
19.8x
Revenue (TTM)
$71.78B
Div. yield
0.02%
ERP Software Technology
7 wins
SNOW Snowflake Inc.
$325.44 -2.8% 1M +28.6% 1Y
Market cap
$116.93B
P/E
–
Revenue (TTM)
$5.43B
Div. yield
–
Data Infrastructure Technology
2 wins

Head to Head

11 decided of 12

Oracle leads on 7 of the 12 questions below (Oracle 7, Snowflake 2, Elastic 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionESTCORCLSNOWLeader
Larger companyMarket capitalisation $11.14B $373.36B $116.93B ORCL
Cheaper on earningsLower P/E, profitable companies only 29.6x 19.8x -107.2x ORCL
Cheaper on forward earningsLower price / next fiscal year consensus EPS 29.2x 14.7x 152.1x ORCL
Faster revenue growthRevenue growth, trailing twelve months +16.2% +21.6% +32.0% SNOW
More profitableNet margin, trailing twelve months 20.8% 26.2% -20.1% ORCL
Better return on capitalReturn on invested capital 0.0% 11.0% — ORCL
Less leveragedLower net debt / EBITDA -10.8x 2.6x — ESTC
Higher dividend yieldTrailing dividend yield 0.00% 0.02% 0.00% –
Better 1-year returnPrice return, last 12 months +17.5% -55.0% +28.6% SNOW
Better 5-year returnAnnualised price return, 5 years -9.5%/yr +5.1%/yr -0.9%/yr ORCL
Less volatileAnnualised volatility, 1 year 58.0% 56.9% 63.1% ORCL
Higher overall scoreMean of the five percentile scores vs peers 72/100 54/100 45/100 ESTC

Percentile Scorecard

ESTCORCLSNOW

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

AxisESTCORCLSNOW
Valuation 72 #36 of 124 56 #45 of 101 26 #92 of 124
Growth 82 #21 of 113 65 #35 of 97 69 #36 of 113
Profitability 66 #38 of 110 87 #13 of 94 50 #56 of 110
Financial Health 53 #61 of 129 40 #66 of 109 23 #100 of 129
Shareholder Returns 85 #11 of 68 21 #51 of 64 58 #29 of 68
Overall 72 54 45
  • ESTC ranked among 137 companies in Infrastructure Software
  • ORCL ranked among 114 companies in Business Applications
  • 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

PeriodESTCORCLSNOWSPY
1 month +12.2%-12.8%-2.8% -1.0%
3 months +74.5%+9.6%+21.4% +2.9%
6 months +120.7%-27.2%+131.9% +6.4%
Year to date +35.8%-35.3%+48.4% +11.4%
1 year +17.5%-55.0%+28.6% +13.1%
3 years +26.8%+22.2%+115.4% +79.4%
3 years, per year +8.2%+6.9%+29.2% +21.5%
5 years -39.4%+28.3%-4.2% +67.7%
5 years, per year -9.5%+5.1%-0.9% +10.9%
10 years —+232.4%— +255.2%
10 years, per year —+12.8%— +13.5%

Risk

MeasureESTCORCLSNOWSPY
Volatility, 1Y 58.0%56.9%63.1% 12.7%
Downside volatility, 1Y 59.3%56.7%54.8% 12.7%
Beta vs S&P 500, 1Y 1.132.221.35 1.00
Return / volatility, 1Y 0.30-0.970.45 1.03
Max drawdown, 5Y -76.8%-65.0%-73.0% -25.4%
From 52-week high 0.0%-55.5%-11.8% -2.5%
52-week high $102.42$283.33$368.93 $779.14
52-week low $43.30$115.01$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.

MultipleESTCORCLSNOW
P/E now vs peer median 28.5xmedian 37.4x 19.9xmedian 29.9x -104.2xmedian 37.4x
P/S now vs peer median 6.0xmedian 4.4x 5.3xmedian 2.8x 21.1xmedian 4.4x
EV/EBITDA now vs peer median 119.4xmedian 35.0x 13.8xmedian 17.4x -143.2xmedian 35.0x
P/FCF now vs peer median 30.8xmedian 27.2x -13.3xmedian 16.9x 96.0xmedian 27.2x
P/B now vs peer median 8.3xmedian 3.4x 5.7xmedian 3.1x 53.4xmedian 3.4x
PEG now vs peer median 0.53median 1.27 0.84median 0.86 17.64median 1.27

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 monthsESTCORCLSNOW
Revenue $1.80B $71.78B $5.43B
Gross profit $1.36B – $3.64B
Operating income -$47.61M $23.06B -$1.24B
Net income $375.64M $18.92B -$1.09B
Free cash flow $349.04M -$28.72B $1.20B
R&D $455.30M $10.18B $2.11B
EPS (diluted) $3.59 $6.27 $-3.12
Cash & equivalents $879.87M $36.37B $1.71B
Total debt $571.20M $497.56B –
Shares (diluted) 104.64M 3.00B 349.26M
Enterprise value $5.66B $245.49B $104.25B

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
MetricESTCORCLSNOW
P/E 28.5x 19.9x -104.2x
P/FCF 30.8x -13.3x 96.0x
P/Operating cash flow 30.4x 8.1x 91.5x
P/S 6.0x 5.3x 21.1x
P/B 8.3x 5.7x 53.4x
P/Tangible book 8.4x 5.7x 66.6x
EV/EBITDA 119.4x 13.8x -143.2x
EV/EBIT -207.4x 20.4x -90.8x
EV/Revenue 5.5x 6.5x 20.7x
EV/FCF 28.3x -16.3x 94.0x
EV/Operating cash flow 27.9x 10.0x 89.7x
PEG (3Y EPS CAGR) 0.53 0.84 17.64

Growth

14 metrics
MetricESTCORCLSNOW
Revenue growth (1Y) 16.2% 21.6% 32.0%
Revenue CAGR (3Y) 17.4% 12.1% 30.5%
Gross profit growth (1Y) 16.7% – 32.9%
Gross profit CAGR (3Y) 18.8% – 31.0%
Operating income growth (1Y) -56.0% 28.3% 19.7%
Operating income CAGR (3Y) 37.5% 18.8% -7.2%
Net income growth (1Y) 549.9% 52.1% 21.1%
Net income CAGR (3Y) 55.3% 26.4% -8.2%
EPS growth (1Y) 555.6% 46.7% 24.1%
EPS CAGR (3Y) 53.7% 23.6% -5.9%
Operating cash flow growth (1Y) 11.3% 118.0% 49.6%
Operating cash flow CAGR (3Y) 62.1% 38.3% 22.7%
Free cash flow growth (1Y) 11.2% -388.4% 59.1%
Free cash flow CAGR (3Y) 63.2% -71.4% 22.4%

Profitability

14 metrics
MetricESTCORCLSNOW
Gross margin 75.5% – 67.0%
EBITDA margin 4.6% 47.3% -14.4%
Operating margin -2.6% 32.1% -22.8%
Pretax margin -1.1% 30.3% -19.8%
Net margin 20.8% 26.2% -20.1%
FCF margin 19.4% -40.0% 22.0%
Operating cash flow margin 19.6% 65.4% 23.1%
Return on equity 29.2% 34.3% -53.2%
Return on assets 12.2% 6.7% -12.6%
Return on invested capital 0.0% 11.0% –
Return on capital employed -2.3% 9.8% -25.2%
Asset turnover 0.6x 0.3x 0.6x
Cash conversion (OCF / net income) 0.9x 2.5x -1.1x
Stock comp / revenue 16.8% 6.7% 30.2%

Financial Health

11 metrics
MetricESTCORCLSNOW
Debt / assets 19.0% 41.3% –
Debt / equity 0.4x 1.9x –
Net debt / EBITDA -10.8x 2.6x –
Debt / FCF 1.6x -4.4x –
Liabilities / assets 56.8% 77.8% 75.3%
Equity / assets 43.2% 22.2% 24.7%
Interest coverage -1.9x 4.5x -148.8x
Current ratio 1.8x 1.2x 0.9x
Quick ratio 1.6x 1.0x 0.8x
Cash ratio 1.4x 0.8x 0.6x
Altman Z-score 4.32 1.48 8.99

Shareholder Returns

7 metrics
MetricESTCORCLSNOW
Dividend yield – 1.6% –
Net buyback yield 3.2% -5.3% 0.4%
Shareholder yield 3.2% -3.7% 0.4%
Payout ratio (earnings) – 31.4% –
Payout ratio (FCF) – -20.7% –
Dividend growth (1Y) – 17.5% –
Dividend CAGR (3Y) – 15.1% –

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.

ConsensusESTCORCLSNOW
Forward P/E 29.2xFY2026 14.7xFY2026 152.1xFY2026
EPS, next fiscal year $3.51FY2026 $8.57FY2026 $2.14FY2026
EPS growth, next FY +36.6%FY2026 +12.3%FY2026 +71.2%FY2026
EPS growth, the year after +19.4% +23.0% +37.4%
Revenue, next fiscal year $1.88BFY2026 $95.06BFY2026 $6.16BFY2026
Revenue growth, next FY +8.2%FY2026 +41.1%FY2026 +31.5%FY2026
Revenue growth, the year after +18.3% +45.6% +41.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersESTCORCLSNOW
Held by institutions 86.4% 44.7% 79.8%
Institutions holding 371 3,495 1,459
Change in shares held, QoQ +1.7% +6.5% +9.1%
Institutions buying 199 1,807 850
Institutions selling 129 1,308 473
Buyers to sellers 1.54 1.38 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.

ESTCORCLSNOW
ESTC 1.00 0.45 0.59
ORCL 0.45 1.00 0.44
SNOW 0.59 0.44 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ESTC, ORCL and SNOW?

Oracle (ORCL) is the largest by market capitalisation: Elastic (ESTC) $11.14B, Oracle (ORCL) $373.36B, Snowflake (SNOW) $116.93B.

Which stock is cheaper, ESTC, ORCL and SNOW?

Oracle (ORCL) trades on the lowest price-to-earnings ratio (Elastic (ESTC) 29.6x, Oracle (ORCL) 19.8x, Snowflake (SNOW) -107.2x). On next year's consensus earnings, Oracle (ORCL) is cheapest (Elastic (ESTC) 29.2x, Oracle (ORCL) 14.7x, Snowflake (SNOW) 152.1x). 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: Elastic (ESTC) +16.2%, Oracle (ORCL) +21.6%, Snowflake (SNOW) +32.0%.

Which company is more profitable?

Oracle (ORCL) has the highest net margin (Elastic (ESTC) 20.8%, Oracle (ORCL) 26.2%, Snowflake (SNOW) -20.1%). On return on invested capital, Oracle (ORCL) leads (Elastic (ESTC) 0.0%, Oracle (ORCL) 11.0%).

Which stock has performed better?

Over the past year Snowflake (SNOW) returned the most: Elastic (ESTC) +17.5%, Oracle (ORCL) -55.0%, Snowflake (SNOW) +28.6%. Over five years, Oracle (ORCL) compounded fastest (Elastic (ESTC) -9.5%/yr, Oracle (ORCL) +5.1%/yr, Snowflake (SNOW) -0.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Elastic (ESTC) 0.00%, Oracle (ORCL) 0.02%, Snowflake (SNOW) 0.00%. Elastic (ESTC) and Snowflake (SNOW) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Oracle (ORCL) has been the steadiest (Elastic (ESTC) 58.0%, Oracle (ORCL) 56.9%, Snowflake (SNOW) 63.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ESTC, ORCL 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, Oracle (ORCL) leads on 7. 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.