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Snowflake SNOW Asset turnover

Asset turnover at other companies

Microsoft logo
MicrosoftMSFT
0.5×0.0×
Amazon logo
AmazonAMZN
-0.2×
Palantir Technologies Inc. logo
Palantir Technologies Inc.PLTR
0.6×+0.1×
Oracle logo
OracleORCL
0.3×-0.1×
MongoDB logo
MongoDBMDB
0.7×+0.1×
CoreWeave, Inc.
 logo
CoreWeave, Inc. CRWV
0.2×

Other financials

Income statement

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Revenue$1.4B+33.5%
Gross profit$926.5M+33.6%
Operating income-$326.2M+27.1%
Net income-$295.6M+31.3%
EPS (diluted)-$0.86+33.3%

Balance sheet

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Cash & equivalents$2.1B-8.2%
Total debt$490.2M+18.4%
Total equity$1.9B-19.5%
Total assets$8.6B+4.9%

Cash flow

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Operating cash flow$243.2M+6.5%
CapEx$10.5M-76.8%
Free cash flow$232.8M+26.9%

Valuation

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Market cap$81.28B-11.0%
Enterprise value$79.65B-10.9%
P/S16.2×-7.6×

Profitability

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Gross margin67.1%+0.8pp
Operating margin-26.1%-6.8pp
Net margin-23.8%-6.1pp

Returns & leverage

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Return on equity-55.1%+32.5pp
Debt / equity0.3×+0.1×
Current ratio1.1×-0.5×

Where this comes from

Calculated from Snowflake’s reported figures.

Based on trailing twelve months.

The official record: Snowflake’s 10-Q, filed May 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Snowflake's asset turnover?
Snowflake (SNOW) reported asset turnover of 0.6× in Q1 2026.
How has Snowflake's asset turnover changed year-over-year?
Snowflake's asset turnover increased by 21.2% year-over-year, from 0.5× to 0.6×.
What is the long-term trend for Snowflake's asset turnover?
Over 3 years (2023 to 2026), Snowflake's asset turnover has grown at a 26.4% compound annual growth rate (CAGR), from 1× to 2.1×.
What does asset turnover mean?
How many sales dollars the company generates from each dollar of assets.
How do you interpret asset turnover?
Higher turnover means a more sales-efficient asset base. Low-margin businesses (retail, distribution) compete on high turnover; high-margin ones (software, luxury) on margin.
How does asset turnover compare across companies?
Compare within an industry — turnover differences across sectors reflect business models, not performance.