NTNX vs SNOW vs NBIS Stock Comparison

Nutanix, Snowflake and Nebius Prices as of Oct 29, 2026 Peers: Industry group
NTNX Nutanix, Inc.
$70.71 +0.9% 1M +3.8% 1Y
Market cap
$18.03B
P/E
11.9x
Revenue (TTM)
$2.85B
Div. yield
–
Cloud Platforms Technology
5 wins
SNOW Snowflake Inc.
$330.22 0.0% 1M +22.4% 1Y
Market cap
$105.78B
P/E
–
Revenue (TTM)
$5.43B
Div. yield
–
Data Infrastructure Technology
1 win
NBIS Nebius Group N.V.
$171.99 -27.5% 1M +37.5% 1Y
Market cap
$38.32B
P/E
42.8x
Revenue (TTM)
$1.36B
Div. yield
–
Cloud Platforms Technology
3 wins

Head to Head

9 decided of 12

Nutanix leads on 5 of the 12 questions below (Nutanix 5, Nebius 3, Snowflake 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionNTNXSNOWNBISLeader
Larger companyMarket capitalisation $18.03B $105.78B $38.32B SNOW
Cheaper on earningsLower P/E, profitable companies only 11.9x -97.0x 42.8x NTNX
Cheaper on forward earningsLower price / next fiscal year consensus EPS 29.1x 154.3x — NTNX
Faster revenue growthRevenue growth, trailing twelve months +12.4% +32.0% +506.9% NBIS
More profitableNet margin, trailing twelve months 53.0% -20.1% 66.1% NBIS
Better return on capitalReturn on invested capital — — -3.3% –
Less leveragedLower net debt / EBITDA — — 3.0x –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +3.8% +22.4% +37.5% NBIS
Better 5-year returnAnnualised price return, 5 years +15.6%/yr -1.4%/yr — NTNX
Less volatileAnnualised volatility, 1 year 47.3% 63.2% 107.6% NTNX
Higher overall scoreMean of the five percentile scores vs peers 81/100 46/100 65/100 NTNX

Percentile Scorecard

NTNXSNOWNBIS

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

AxisNTNXSNOWNBIS
Valuation 70 #12 of 38 28 #90 of 124 78 #9 of 38
Growth 91 #4 of 36 68 #37 of 113 31 #25 of 36
Profitability 91 #4 of 34 50 #55 of 109 76 #9 of 34
Financial Health 61 #15 of 37 25 #96 of 127 75 #10 of 37
Shareholder Returns 90 #3 of 20 60 #26 of 63 –
Overall 81 46 65
  • NTNX ranked among 39 companies in Cloud Computing
  • SNOW ranked among 137 companies in Infrastructure Software
  • NBIS ranked among 39 companies in Cloud Computing

Price Performance

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

Returns

PeriodNTNXSNOWNBISSPY
1 month +0.9%0.0%-27.5% +0.7%
3 months +19.3%+10.8%-8.7% +3.7%
6 months +72.9%+142.0%+24.4% +7.1%
Year to date +36.8%+50.5%+105.5% +12.8%
1 year +3.8%+22.4%+37.5% +11.9%
3 years +101.3%+129.1%— +85.2%
3 years, per year +26.3%+31.8%— +22.8%
5 years +106.1%-6.7%— +67.6%
5 years, per year +15.6%-1.4%— +10.9%
10 years +184.7%—— +262.0%
10 years, per year +11.0%—— +13.7%

Risk

MeasureNTNXSNOWNBISSPY
Volatility, 1Y 47.3%63.2%107.6% 12.7%
Downside volatility, 1Y 50.9%54.7%98.7% 12.6%
Beta vs S&P 500, 1Y 0.741.353.84 1.00
Return / volatility, 1Y 0.080.360.35 0.94
Max drawdown, 5Y -62.1%-73.0%-58.3% -25.4%
From 52-week high -5.3%-10.5%-40.0% -1.2%
52-week high $74.63$368.93$286.69 $779.14
52-week low $34.41$121.11$73.87 $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.

MultipleNTNXSNOWNBIS
P/E now vs peer median 12.6xmedian 27.6x -105.7xmedian 39.0x 46.6xmedian 27.6x
P/S now vs peer median 6.7xmedian 4.6x 21.4xmedian 4.6x 32.1xmedian 4.6x
EV/EBITDA now vs peer median 47.9xmedian 25.6x -145.3xmedian 32.7x 259.6xmedian 25.6x
P/FCF now vs peer median 22.8xmedian 15.4x 97.4xmedian 27.4x 2.7xmedian 15.4x
P/B now vs peer median 27.2xmedian 4.1x 54.1xmedian 3.2x 4.2xmedian 4.1x
PEG now vs peer median 0.11median 0.80 17.90median 1.23 -0.66median 0.80

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 monthsNTNXSNOWNBIS
Revenue $2.85B $5.43B $1.36B
Gross profit $2.48B $3.64B $1.01B
Operating income $273.97M -$1.24B -$668.60M
Net income $1.51B -$1.09B $61.60M
Free cash flow $840.68M $1.20B $16.40B
R&D $790.89M $2.11B $356.40M
EPS (diluted) $5.17 $-3.12 $3.17
Cash & equivalents $777.31M $1.71B $8.04B
Total debt – – $25.23B
Shares (diluted) 292.18M 349.26M 282.72M
Enterprise value $9.71B $93.10B $11.75B

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
MetricNTNXSNOWNBIS
P/E 12.6x -105.7x 46.6x
P/FCF 22.8x 97.4x 2.7x
P/Operating cash flow 20.9x 92.9x 8.3x
P/S 6.7x 21.4x 32.1x
P/B 27.2x 54.1x 4.2x
P/Tangible book 27.3x 67.5x 4.2x
EV/EBITDA 47.9x -145.3x 259.6x
EV/EBIT 61.2x -92.2x -65.8x
EV/Revenue 5.9x 21.0x 32.5x
EV/FCF 19.9x 95.4x 2.7x
EV/Operating cash flow 18.3x 91.0x 8.4x
PEG (3Y EPS CAGR) 0.11 17.90 -0.66

Growth

14 metrics
MetricNTNXSNOWNBIS
Revenue growth (1Y) 12.4% 32.0% 506.9%
Revenue CAGR (3Y) 15.3% 30.5% -83.4%
Gross profit growth (1Y) 12.4% 32.9% 631.9%
Gross profit CAGR (3Y) 17.4% 31.0% -81.7%
Operating income growth (1Y) 58.8% 19.7% -49.0%
Operating income CAGR (3Y) 49.2% -7.2% -26.7%
Net income growth (1Y) 700.0% 21.1% -73.4%
Net income CAGR (3Y) 0.0% -8.2% -90.6%
EPS growth (1Y) 694.1% 24.1% 318.1%
EPS CAGR (3Y) 113.9% -5.9% -70.8%
Operating cash flow growth (1Y) 11.6% 49.6% 1,193%
Operating cash flow CAGR (3Y) 49.9% 22.7% -55.8%
Free cash flow growth (1Y) 12.1% 59.1% 1,310%
Free cash flow CAGR (3Y) 59.5% 22.4% -47.1%

Profitability

14 metrics
MetricNTNXSNOWNBIS
Gross margin 86.8% 67.0% 74.3%
EBITDA margin 12.3% -14.4% 12.5%
Operating margin 9.6% -22.8% -49.3%
Pretax margin 11.5% -19.8% 5.3%
Net margin 53.0% -20.1% 66.1%
FCF margin 29.5% 22.0% 1,210%
Operating cash flow margin 32.1% 23.1% 388.0%
Return on equity – -53.2% 0.7%
Return on assets 35.5% -12.6% 0.2%
Return on invested capital – – -3.3%
Return on capital employed 10.7% -25.2% -2.9%
Asset turnover 0.7x 0.6x 0.1x
Cash conversion (OCF / net income) 0.6x -1.1x 85.4x
Stock comp / revenue 12.5% 30.2% 13.9%

Financial Health

11 metrics
MetricNTNXSNOWNBIS
Debt / assets – – 30.6%
Debt / equity – – 0.8x
Net debt / EBITDA – – 3.0x
Debt / FCF – – 0.5x
Liabilities / assets 86.2% 75.3% 63.0%
Equity / assets 13.8% 24.7% 37.0%
Interest coverage – -148.8x -2.8x
Current ratio 1.8x 0.9x 4.0x
Quick ratio 1.6x 0.8x 3.5x
Cash ratio 1.4x 0.6x 3.4x
Altman Z-score 2.66 9.14 1.95

Shareholder Returns

7 metrics
MetricNTNXSNOWNBIS
Dividend yield – – –
Net buyback yield 1.4% 0.4% 6,535%
Shareholder yield 1.4% 0.4% 6,535%
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.

ConsensusNTNXSNOWNBIS
Forward P/E 29.1xFY2027 154.3xFY2026 –
EPS, next fiscal year $2.43FY2027 $2.14FY2026 $-1.82FY2026
EPS growth, next FY +19.1%FY2027 +71.2%FY2026 –
EPS growth, the year after +5.3% +36.9% –
Revenue, next fiscal year $3.42BFY2027 $6.16BFY2026 $3.25BFY2026
Revenue growth, next FY +20.0%FY2027 +31.5%FY2026 +514.3%FY2026
Revenue growth, the year after +11.2% +41.5% +246.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNTNXSNOWNBIS
Held by institutions 98.7% 79.8% 66.4%
Institutions holding 560 1,460 1,053
Change in shares held, QoQ +10.5% +9.1% +29.6%
Institutions buying 333 850 695
Institutions selling 174 474 274
Buyers to sellers 1.91 1.79 2.54

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.

NTNXSNOWNBIS
NTNX 1.00 0.52 0.06
SNOW 0.52 1.00 0.18
NBIS 0.06 0.18 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, NTNX, SNOW and NBIS?

Snowflake (SNOW) is the largest by market capitalisation: Nutanix (NTNX) $18.03B, Snowflake (SNOW) $105.78B, Nebius (NBIS) $38.32B.

Which stock is cheaper, NTNX, SNOW and NBIS?

Nutanix (NTNX) trades on the lowest price-to-earnings ratio (Nutanix (NTNX) 11.9x, Snowflake (SNOW) -97.0x, Nebius (NBIS) 42.8x). On next year's consensus earnings, Nutanix (NTNX) is cheapest (Nutanix (NTNX) 29.1x, Snowflake (SNOW) 154.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Nebius (NBIS) grew revenue fastest over the trailing twelve months: Nutanix (NTNX) +12.4%, Snowflake (SNOW) +32.0%, Nebius (NBIS) +506.9%.

Which company is more profitable?

Nebius (NBIS) has the highest net margin (Nutanix (NTNX) 53.0%, Snowflake (SNOW) -20.1%, Nebius (NBIS) 66.1%).

Which stock has performed better?

Over the past year Nebius (NBIS) returned the most: Nutanix (NTNX) +3.8%, Snowflake (SNOW) +22.4%, Nebius (NBIS) +37.5%. Over five years, Nutanix (NTNX) compounded fastest (Nutanix (NTNX) +15.6%/yr, Snowflake (SNOW) -1.4%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Nutanix (NTNX) has been the steadiest (Nutanix (NTNX) 47.3%, Snowflake (SNOW) 63.2%, Nebius (NBIS) 107.6%). Volatility measures how widely the price swings, not the risk of the business.

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

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 5. 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.