Elastic (ESTC) Asset Utilization Ratio (2019 - 2026)
Elastic's (ESTC) quarterly Asset Utilization Ratio came in at 0.62 in Q2 2026, up 3.25% YoY from 0.6 in Q2 2025, and down 8.83% on a QoQ basis from 0.68 in Q1 2026.
Elastic (ESTC) Asset Utilization Ratio (2019 - 2026) Analysis & Trends
Elastic's Asset Utilization Ratio history runs 8 years deep, the most recent figure standing at 0.62 for Q2 2026.
- On a quarterly basis, Asset Utilization Ratio rose 3.25% year-over-year to 0.62 in Q2 2026; TTM through Apr 2026 was 0.62, a 3.25% increase from a year earlier, with the FY2026 full-year figure at 0.61, down 1.31% from the prior year.
- Asset Utilization Ratio was 0.62 for Q2 2026 at Elastic, down from 0.68 in the prior quarter.
- Over the last five years, Asset Utilization Ratio for ESTC reached as high as 0.68 in Q1 2026 and fell as low as 0.51 in Q1 2022.
- A 5-year average of 0.61 and a median of 0.62 in 2025 frame the typical range for Asset Utilization Ratio.
- Peak annual rise in Asset Utilization Ratio reached 29.73% in 2022, while the deepest fall reached 18.23% in 2022.
- Tracing ESTC's Asset Utilization Ratio over 5 years: stood at 0.62 in 2022, then increased by 8.45% to 0.67 in 2023, then declined by 6.28% to 0.63 in 2024, then advanced by 2.51% to 0.64 in 2025, then decreased by 3.33% to 0.62 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.62, 0.68, and 0.64 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 0.51 |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 0.88 |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 0.84 |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 0.39 |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 0.50 |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 0.55 |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 0.29 |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 0.85 |
| 10 | Elastic | 6.35 Bn | 5.57 Bn | 339.62 Mn | 0.62 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 0.62 |
| Jan 31, 2026 | 0.68 |
| Oct 31, 2025 | 0.64 |
| Jul 31, 2025 | 0.61 |
| Apr 30, 2025 | 0.60 |
| Jan 31, 2025 | 0.63 |
| Oct 31, 2024 | 0.63 |
| Jul 31, 2024 | 0.60 |
| Apr 30, 2024 | 0.59 |
| Jan 31, 2024 | 0.64 |
| Oct 31, 2023 | 0.67 |
| Jul 31, 2023 | 0.65 |
| Apr 30, 2023 | 0.63 |
| Jan 31, 2023 | 0.64 |
| Oct 31, 2022 | 0.62 |
| Jul 31, 2022 | 0.57 |
| Apr 30, 2022 | 0.54 |
| Jan 31, 2022 | 0.51 |
| Oct 31, 2021 | 0.48 |
| Jul 31, 2021 | 0.54 |