Elastic (ESTC) EV to FCF (2021 - 2026)
Elastic's (ESTC) EV to FCF was 15.63 for fiscal Q1 2027 (quarter ended Jul 31, 2026), down 33.7% from 23.57 a year earlier but up 44.0% from the prior quarter.
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Analysis
Elastic (ESTC) EV to FCF (2021 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, Elastic's EV to FCF came in at 4.13, down 72.8% year-over-year; for FY2026 (ended Apr 30, 2026), it came in at 10.86, down 63.1% from FY2025.
- EV to FCF has declined for four consecutive fiscal years.
- By fiscal year, EV to FCF came in at 29.41 in FY2025 (-54.1%), 64.09 in FY2024 (-57.1%), 149.54 in FY2023 (-92.5%) and 1996.08 in FY2022 (+253.6%).
- Five-year quarterly EV to FCF spans a low of 10.86 in fiscal Q4 2026 and a high of 13656.43 in fiscal Q2 2023.
- Year over year, EV to FCF has now declined in each of the last 12 quarters, with an average decline of 52.0% over the last eight quarters.
- The high point for year-over-year EV to FCF in five years was fiscal Q4 2022 (growth of 253.6%); the low point was fiscal Q2 2024 (a decline of 99.2%).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at 10.86 (Q4 2026), 21.87 (Q3 2026) and 26.48 (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 323.81 Bn | 308.88 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 271.09 Bn | 251.53 Bn | 1.10 Bn |
| 3 | Fortinet | 131.14 Bn | 117.07 Bn | 1.64 Bn |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn |
| 5 | Datadog | 98.30 Bn | 79.94 Bn | 881.34 Mn |
| 6 | Okta | 34.95 Bn | 25.05 Bn | 641.00 Mn |
| 7 | Axon Enterprise | 34.32 Bn | 28.85 Bn | 546.45 Mn |
| 8 | Zscaler | 32.52 Bn | 18.64 Bn | - |
| 9 | Baidu | 29.56 Bn | -44.07 Bn | 1.47 Mn |
| 10 | Elastic | 9.64 Bn | 4.16 Bn | 356.19 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 15.63 |
| Apr 30, 2026 | 10.86 |
| Jan 31, 2026 | 21.87 |
| Oct 31, 2025 | 26.48 |
| Jul 31, 2025 | 23.57 |
| Apr 30, 2025 | 29.41 |
| Jan 31, 2025 | 47.12 |
| Oct 31, 2024 | 38.07 |
| Jul 31, 2024 | 66.65 |
| Apr 30, 2024 | 64.09 |
| Jan 31, 2024 | 101.47 |
| Oct 31, 2023 | 103.15 |
| Jul 31, 2023 | 73.55 |
| Apr 30, 2023 | 149.54 |
| Jan 31, 2023 | 1,889.74 |
| Oct 31, 2022 | 13,656.43 |
| Apr 30, 2022 | 1,996.08 |
| Jan 31, 2022 | 1,572.57 |
| Oct 31, 2021 | 821.40 |
| Jul 31, 2021 | 1,210.59 |
API Access
Elastic EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=ESTC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "ESTC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=ESTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();