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Elastic NV (NYSE:ESTC) Profitability Rank

: 3 (As of Oct. 2023)
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Elastic NV has the Profitability Rank of 3. It has had trouble to make a profit.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Elastic NV's Operating Margin % for the quarter that ended in Oct. 2023 was -6.93%. As of today, Elastic NV's Piotroski F-Score is 6.


Competitive Comparison

For the Software - Application subindustry, Elastic NV's Profitability Rank, along with its competitors' market caps and Profitability Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Elastic NV Profitability Rank Distribution

For the Software industry and Technology sector, Elastic NV's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Elastic NV's Profitability Rank falls into.



Elastic NV Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Elastic NV has the Profitability Rank of 3. It has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Elastic NV's Operating Margin % for the quarter that ended in Oct. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Oct. 2023 ) / Revenue (Q: Oct. 2023 )
=-21.51 / 310.612
=-6.93 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Elastic NV has an F-score of 6 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Good Sign:

Elastic NV operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


Elastic NV Profitability Rank Related Terms

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Elastic NV (NYSE:ESTC) Business Description

Traded in Other Exchanges
Address
Keizersgracht 281, Amsterdam, NH, NLD, 1016 ED
Elastic is a software company based in Mountain View, California, focusing on search-adjacent products. Its search engine allows it to process both structured and unstructured data while gleaning insights from that data. The firm's primary focus is on enterprise search, observability, and security.
Executives
Shelley B Leibowitz director C/O MORGAN STANLEY, 1585 BROADWAY, NEW YORK NY 10036
Alison Gleeson director C/O ELASTIC N.V., 800 WEST EL CAMINO REAL, SUITE 350, MOUNTAIN VIEW CA 94040
Auvil Paul R. Iii director C/O PROOFPOINT, INC., 892 ROSS DRIVE, SUNNYVALE CA 94089
Sohaib Abbasi director 100 EAST DAVIE STREET, RALEIGH NC 27601
Ken Exner officer: Chief Product Officer C/O ELASTIC NV, 800 WEST EL CAMINO REAL, SUITE 350, MOUNTAIN VIEW CA 94040
Carolyn Herzog officer: Chief Legal Officer C/O ELASTIC N.V., 800 WEST EL CAMINO REAL, SUITE 350, MOUNTAIN VIEW CA 94040
Ashutosh Kulkarni officer: Chief Executive Officer 6220 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Paul Andrew Appleby officer: President, Worldwide Field Ops C/O ELASTIC N.V., 800 WEST EL CAMINO REAL, SUITE 350, MOUNTAIN VIEW CA 94040
Caryn Marooney director C/O ZENDESK, INC., 989 MARKET STREET, SUITE 300, SAN FRANCISCO CA 94103
Janesh Moorjani officer: Chief Financial Officer C/O ELASTIC N.V., 800 WEST EL CAMINO REAL, SUITE 350, MOUNTAIN VIEW CA 94040
Mitchell Lasky 10 percent owner 2480 SAND HILL ROAD, STE 200, MENLO PARK CA 94025
Peter H Fenton director, 10 percent owner 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Benchmark Founders' Fund Vii-b, L.p. 10 percent owner 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Benchmark Founders' Fund Vii, L.p. 10 percent owner 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Scott D Sandell 10 percent owner