SNOW vs. ESTC
Compare and contrast key facts about Snowflake Inc. (SNOW) and Elastic N.V. (ESTC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SNOW or ESTC.
Correlation
The correlation between SNOW and ESTC is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SNOW vs. ESTC - Performance Comparison
Loading data...
Key characteristics
SNOW:
0.21
ESTC:
-0.33
SNOW:
0.70
ESTC:
-0.13
SNOW:
1.09
ESTC:
0.98
SNOW:
0.13
ESTC:
-0.32
SNOW:
0.46
ESTC:
-0.88
SNOW:
20.69%
ESTC:
22.66%
SNOW:
56.08%
ESTC:
57.19%
SNOW:
-72.99%
ESTC:
-74.33%
SNOW:
-56.67%
ESTC:
-54.19%
Fundamentals
SNOW:
$58.18B
ESTC:
$8.93B
SNOW:
-$3.87
ESTC:
-$1.31
SNOW:
8.16
ESTC:
1.57
SNOW:
16.04
ESTC:
6.25
SNOW:
19.39
ESTC:
10.49
SNOW:
$2.80B
ESTC:
$1.09B
SNOW:
$1.87B
ESTC:
$812.78M
SNOW:
-$996.41M
ESTC:
$2.62M
Returns By Period
In the year-to-date period, SNOW achieves a 12.78% return, which is significantly higher than ESTC's -13.65% return.
SNOW
12.78%
20.55%
44.05%
10.81%
N/A
N/A
ESTC
-13.65%
8.61%
-1.60%
-19.32%
3.63%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
SNOW vs. ESTC — Risk-Adjusted Performance Rank
SNOW
ESTC
SNOW vs. ESTC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Snowflake Inc. (SNOW) and Elastic N.V. (ESTC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Loading data...
Dividends
SNOW vs. ESTC - Dividend Comparison
Neither SNOW nor ESTC has paid dividends to shareholders.
Drawdowns
SNOW vs. ESTC - Drawdown Comparison
The maximum SNOW drawdown since its inception was -72.99%, roughly equal to the maximum ESTC drawdown of -74.33%. Use the drawdown chart below to compare losses from any high point for SNOW and ESTC. For additional features, visit the drawdowns tool.
Loading data...
Volatility
SNOW vs. ESTC - Volatility Comparison
Snowflake Inc. (SNOW) has a higher volatility of 12.29% compared to Elastic N.V. (ESTC) at 11.03%. This indicates that SNOW's price experiences larger fluctuations and is considered to be riskier than ESTC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...
Financials
SNOW vs. ESTC - Financials Comparison
This section allows you to compare key financial metrics between Snowflake Inc. and Elastic N.V.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
SNOW vs. ESTC - Profitability Comparison
SNOW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Snowflake Inc. reported a gross profit of 653.59M and revenue of 986.77M. Therefore, the gross margin over that period was 66.2%.
ESTC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Elastic N.V. reported a gross profit of 284.93M and revenue of 382.08M. Therefore, the gross margin over that period was 74.6%.
SNOW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Snowflake Inc. reported an operating income of -386.68M and revenue of 986.77M, resulting in an operating margin of -39.2%.
ESTC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Elastic N.V. reported an operating income of -4.64M and revenue of 382.08M, resulting in an operating margin of -1.2%.
SNOW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Snowflake Inc. reported a net income of -327.47M and revenue of 986.77M, resulting in a net margin of -33.2%.
ESTC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Elastic N.V. reported a net income of -17.06M and revenue of 382.08M, resulting in a net margin of -4.5%.