Elastic N.V. Return on Equity (ROE) History
ESTC / Information Technology|6 years of SEC 10-K data (FY2019-FY2024)
-14.6% in FY2024 with a 5-year CAGR of +48.9%.
Improved from -56.9% to -14.6% over the past 2 years.
Elastic N.V. reports negative total equity of -14.6% in FY2024. Negative equity can occur when accumulated losses exceed contributed capital, as reported in the balance sheet from the SEC filing.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 0.13 (distress zone, below 1.8 threshold)
- Negative profit margin: -7.3%
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year Change
- +30.6pp
- 5-Year Change
- +48.9pp
- 10-Year Change
- -
Return on Equity (ROE) Trend
Bottom 13% in Information TechnologyTop 87% of 276This company -14.6% Sector average 5.2%
▼
-380.9% below sector average
Key Insights
- In FY2024, return on equity (roe) decreased 194.7% year-over-year.
- Currently 19.9pp below the Information Technology sector average.
- Peak return on equity (roe) was recorded in FY2023.
- Lowest return on equity (roe) in the period was in FY2019.
Annual Data
| Year | Return on Equity (ROE) | YoY Growth |
|---|---|---|
| FY2025 | - | - |
| FY2024 | -14.6% | -194.7% |
| FY2023 | 15.5% | +127.2% |
| FY2022 | -56.9% | -25.7% |
| FY2021 | -45.2% | -44.5% |
| FY2020 | -31.3% | +50.8% |
| FY2019 | -63.6% | - |
| FY2018 | - | - |
| FY2017 | - | - |
| FY2016 | - | - |
As of FY2024 · SEC 10-K · Updated Mar 28, 2026