Elastic N.V Overview
Elastic N.V (ESTC) has a ROE of 28.97%, below the Technology sector average of 54.72%.
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Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
The latest ROE for ESTC is 28.97%. That is below the Technology sector average of 54.72%. Investors often review this figure alongside Elastic N.V's historical trend and sector peers before judging valuation or financial health.
Against Technology companies, ESTC currently prints 28.97% for ROE, while the sector average sits near 54.72%. That is roughly 47.1% below the sector mean. Large gaps often invite a closer look at Elastic N.V's growth, margins, and balance sheet.
Return on Equity shows how effectively Elastic N.V converts resources into returns. At 28.97%, ESTC may look efficient or underperforming depending on peer benchmarks and trend direction. Pair the percentage with revenue growth and leverage for a fuller health check.
After noting ESTC's ROE (28.97%), review year-over-year change, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.
This page's peer comparison chart is the fastest way to stack Elastic N.V's ROE against similar Technology names. You can also browse sector and industry screens on Stockcircle for a broader set of Technology companies and their key multiples and fundamentals.
