Elastic (ESTC) Debt Ratio (2021 - 2026)

Elastic (ESTC) posted Debt Ratio of 0.18 for Q2 2026, down 22.62% sequentially from 0.23 in Q1 2026, and down 17.59% YoY from 0.22 in Q2 2025.

Elastic (ESTC) Debt Ratio (2021 - 2026) Analysis & Trends

Elastic has reported Debt Ratio for 6 years, with the latest figure at 0.18 in Q2 2026.

Quarterly Debt Ratio fell 17.59% year-over-year to 0.18 in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 0.18 (down 17.59% YoY) and the FY2026 annual result came in at 0.18, down 17.59% from the prior year.
Debt Ratio fell to 0.18 in Q2 2026 per ESTC's latest filing, from 0.23 in the prior quarter.
Over five years, Debt Ratio peaked at 0.36 in Q1 2022 and troughed at 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.
The sharpest annual moves came in 2022 and 2024: Debt Ratio slipped 1.87% in 2022, then slipped 22.11% in 2024.
Over 5 years, Debt Ratio stood at 0.36 in 2022, then decreased by 9.14% to 0.32 in 2023, then slipped by 21.07% to 0.26 in 2024, then dropped by 9.71% to 0.23 in 2025, then decreased by 21.36% to 0.18 in 2026.
According to Business Quant data, Debt Ratio over the past three periods registered 0.18, 0.23, and 0.23 for Q2 2026, Q1 2026, and Q4 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Debt Ratio (Qtr)
1	Sap Se	255.48 Bn	234.41 Bn	16.51 Bn	0.11
2	Shopify	198.95 Bn	194.00 Bn	1.71 Bn	-
3	Salesforce	160.70 Bn	148.86 Bn	8.56 Bn	0.37
4	Uber Technologies	154.94 Bn	149.73 Bn	6.38 Bn	0.22
5	ServiceNow	128.25 Bn	123.58 Bn	2.82 Bn	0.24
6	Snowflake	114.00 Bn	111.05 Bn	926.45 Mn	-
7	Automatic Data Processing	108.58 Bn	104.35 Bn	2.51 Bn	0.08
8	Adobe	105.34 Bn	99.72 Bn	5.90 Bn	0.22
9	Intuit	94.55 Bn	87.77 Bn	7.24 Bn	0.18
10	Elastic	9.08 Bn	8.31 Bn	339.62 Mn	0.18

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