Return on Equity (ROE)
Higher than 79% of Technology sector peers
Updated 622h ago
Sector Performance
79th percentileESTC
28.8%
Sector Median
6.5%
Sector Avg
-1.6%
Deep Analysis
Elastic N.V. (ESTC) has a Return on Equity (ROE) of 28.8% as of June 2026.
This places ESTC in the 79th percentile of the Technology sector, which has a median Return on Equity (ROE) of 6.5% and a sector average of -1.6%. ESTC's Return on Equity (ROE) is 343.1% above the sector median, a significant divergence that warrants closer examination. In context: ROE measures how effectively management turns equity into profit. Consistently above 15% is typically considered strong. Negative equity distorts this metric.
Frequently Asked Questions
What does the Return on Equity (ROE) tell investors about ESTC?
ROE measures how effectively management turns equity into profit. Consistently above 15% is typically considered strong. Negative equity distorts this metric.
How is the Return on Equity (ROE) calculated?
Return on Equity (ROE) is calculated as: Net Income / Shareholders' Equity.
How does ESTC's Return on Equity (ROE) compare to its sector?
ESTC's Return on Equity (ROE) of 28.8% compares to a Technology sector median of 6.5%, placing it in the 79th percentile.
Who are ESTC's closest peers by Return on Equity (ROE)?
The closest Technology peers by Return on Equity (ROE) include: LSPD (-9.2%), AMBA (-12.8%), WIX (-13.8%), SMAR (-17.3%), TEAM (-19.1%).
The Formula
Net Income / Shareholders' Equity
Why It Matters
ROE measures how effectively management turns equity into profit. Consistently above 15% is typically considered strong. Negative equity distorts this metric.
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28.8%
Sector Median
6.5%
Sector Avg
-1.6%
How ESTC's Return on Equity (ROE) compares to sector peers.
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