Elastic (ESTC) Return on Assets [ROA] (2019 - 2026)
Elastic (ESTC) recorded Return on Assets [ROA] of 12.21% in fiscal Q1 2027 (quarter ended Jul 31, 2026), up 15.47 percentage points from -3.26% a year earlier but down 0.95 percentage points from the prior quarter.
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Analysis
Elastic (ESTC) Return on Assets [ROA] (2019 - 2026) Analysis & Trends
For FY2026 (ended Apr 30, 2026), Elastic reported Return on Assets [ROA] of 12.80%, up 17.27 percentage points from FY2025.
- Annual Return on Assets [ROA] has a five-year change of +27.37 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Return on Assets [ROA] came in at -4.47% in FY2025 (-7.57 pp), 3.10% in FY2024 (+17.04 pp), -13.95% in FY2023 (+1.64 pp) and -15.58% in FY2022 (-1.02 pp).
- Quarterly Return on Assets [ROA] has ranged from -15.83% in fiscal Q3 2023 to 13.16% in fiscal Q4 2026 over the past five years.
- On a year-over-year basis, Return on Assets [ROA] has increased for three consecutive quarters, with an average year-over-year change of +2.51 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Assets [ROA] in the last five years was a gain of 18.77 percentage points in fiscal Q3 2024, against a drop of 8.76 percentage points in fiscal Q3 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 13.16% (Q4 2026), -3.44% (Q3 2026) and -4.37% (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 323.81 Bn | 308.88 Bn | 2.30 Bn | 0.65% |
| 2 | CrowdStrike Holdings | 271.09 Bn | 251.53 Bn | 1.10 Bn | 0.68% |
| 3 | Fortinet | 131.14 Bn | 117.07 Bn | 1.64 Bn | 20.44% |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn | -12.62% |
| 5 | Datadog | 98.30 Bn | 79.94 Bn | 881.34 Mn | 2.45% |
| 6 | Okta | 34.95 Bn | 25.05 Bn | 641.00 Mn | 3.20% |
| 7 | Axon Enterprise | 34.32 Bn | 28.85 Bn | 546.45 Mn | 2.74% |
| 8 | Zscaler | 32.52 Bn | 18.64 Bn | - | - |
| 9 | Baidu | 29.56 Bn | -44.07 Bn | 1.47 Mn | -0.80% |
| 10 | Elastic | 9.64 Bn | 4.16 Bn | 356.19 Mn | 12.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 12.21% |
| Apr 30, 2026 | 13.16% |
| Jan 31, 2026 | -3.44% |
| Oct 31, 2025 | -4.37% |
| Jul 31, 2025 | -3.26% |
| Apr 30, 2025 | -4.39% |
| Jan 31, 2025 | -5.83% |
| Oct 31, 2024 | 2.75% |
| Jul 31, 2024 | 2.78% |
| Apr 30, 2024 | 2.87% |
| Jan 31, 2024 | 2.94% |
| Oct 31, 2023 | -11.14% |
| Jul 31, 2023 | -12.49% |
| Apr 30, 2023 | -14.01% |
| Jan 31, 2023 | -15.83% |
| Oct 31, 2022 | -15.11% |
| Jul 31, 2022 | -14.87% |
| Apr 30, 2022 | -12.74% |
| Jan 31, 2022 | -11.64% |
| Oct 31, 2021 | -10.57% |
API Access
Elastic Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=ESTC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=ESTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();