Elastic (ESTC) Debt Ratio (2021 - 2026)
Elastic (ESTC) reported Debt Ratio of 0.18 for Q2 2026, down 17.59% on a YoY basis from 0.22 in Q2 2025, and down 22.62% sequentially from 0.23 in Q1 2026.
Elastic (ESTC) Debt Ratio (2021 - 2026) Analysis & Trends
Elastic (ESTC) has 6 years of Debt Ratio data on file, last reported at 0.18 in Q2 2026.
- For the quarter ending Q2 2026, Debt Ratio fell 17.59% year-over-year to 0.18; the trailing twelve-month figure through Apr 2026 stood at 0.18 (down 17.59% YoY), and the FY2026 full-year result was 0.18, down 17.59% from the prior year.
- Debt Ratio fell to 0.18 in Q2 2026, from 0.23 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.36 in Q1 2022 to a low of 0.18 in Q2 2026.
- A 5-year average of 0.29 and a median of 0.27 in 2024 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio retreated 1.87% in 2022 and retreated 22.11% in 2024, its largest moves.
- Tracing ESTC's Debt Ratio over 5 years: stood at 0.36 in 2022, then declined by 9.14% to 0.32 in 2023, then fell by 21.07% to 0.26 in 2024, then retreated by 9.71% to 0.23 in 2025, then declined by 21.36% to 0.18 in 2026.
- Business Quant data shows ESTC's Debt Ratio at 0.18 in Q2 2026, 0.23 in Q1 2026, and 0.23 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 200.28 Bn | 180.05 Bn | 8.16 Bn | 0.08 |
| 2 | Full Truck Alliance | 193.44 Bn | 190.74 Bn | - | 0.00 |
| 3 | Shopify | 161.58 Bn | 155.83 Bn | 1.55 Bn | - |
| 4 | Salesforce | 150.74 Bn | 138.90 Bn | 8.56 Bn | 0.37 |
| 5 | Uber Technologies | 138.40 Bn | 137.19 Bn | 5.95 Bn | 0.18 |
| 6 | ServiceNow | 107.59 Bn | 102.93 Bn | 2.82 Bn | 0.24 |
| 7 | Automatic Data Processing | 102.85 Bn | 99.62 Bn | 2.87 Bn | 0.06 |
| 8 | Adobe | 95.78 Bn | 90.15 Bn | 5.90 Bn | 0.22 |
| 9 | Cadence Design Systems | 92.83 Bn | 91.42 Bn | 1.41 Bn | 0.24 |
| 10 | Elastic | 6.47 Bn | 5.70 Bn | 339.62 Mn | 0.18 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 0.18 |
| Jan 31, 2026 | 0.23 |
| Oct 31, 2025 | 0.23 |
| Jul 31, 2025 | 0.23 |
| Apr 30, 2025 | 0.22 |
| Jan 31, 2025 | 0.24 |
| Oct 31, 2024 | 0.26 |
| Jul 31, 2024 | 0.26 |
| Apr 30, 2024 | 0.25 |
| Jan 31, 2024 | 0.28 |
| Oct 31, 2023 | 0.32 |
| Jul 31, 2023 | 0.33 |
| Apr 30, 2023 | 0.33 |
| Jan 31, 2023 | 0.35 |
| Oct 31, 2022 | 0.36 |
| Jul 31, 2022 | 0.36 |
| Apr 30, 2022 | 0.34 |
| Jan 31, 2022 | 0.36 |
| Oct 31, 2021 | 0.36 |
| Jul 31, 2021 | 0.37 |