Snowflake SNOW Ratios & Valuation
| FY'26 | FY'25 | FY'24 | FY'23 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 267.2%-2.3pp | 269.5%+2.5pp | 267%+7.7pp | 259.3%+19.8pp | |
| Operating margin | -142.8%+14.2pp | -157.1%+4.3pp | -161.4%+12.4pp | -173.8%+142pp | |
| Net margin | -129.1%+1.9pp | -131%+5.1pp | -136.1%+28.0pp | -164.1%+145pp | |
| EBITDA margin | -123.4%+14.4pp | -137.8%+8.3pp | -146.1%+17.8pp | -163.9%+145pp | |
| Free cash flow margin | 79.6%-24.7pp | 104.3%-5.9pp | 110.2%— | —— | |
| Returns | |||||
| Return on equity | -190%-89.4pp | -100.6%-35.9pp | -64.6%-10.3pp | -54.4%— | |
| Return on assets | -67.4%-11.3pp | -56.1%-9.9pp | -46.3%-4.1pp | -42.2%— | |
| Efficiency | |||||
| Asset turnover | 2.1×+0.4× | 1.7×+0.3× | 1.4×+0.3× | 1×— | |
| Liquidity | |||||
| Current ratio | 5.7×-1.2× | 6.9×-1.7× | 8.7×-3.3× | 12×-6.4× | |
| Quick ratio | 5.7×-1.2× | 6.9×-1.7× | 8.7×-3.3× | 12×-6.4× | |
| Cash ratio | 2.6×-0.1× | 2.7×+0.8× | 1.9×-0.6× | 2.5×-1.0× | |
| Leverage | |||||
| Debt-to-equity | 0.8×+0.4× | 0.4×+0.2× | 0.2×0.0× | 0.2×0.0× | |
| Debt-to-assets | 0.2×0.0× | 0.2×0.0× | 0.1×0.0× | 0.1×0.0× | |
| Interest coverage | -899.2×— | —— | —— | —— | |
| Per Share | |||||
| Book value per share | $26.30— | —— | $63.22-7.6% | $68.43+2.1% | |
| Valuation | |||||
| Market capitalization | $286.65B+48.0% | $193.67B-11.9% | $219.83B+7.8% | $203.93B-40.3% | |
| Enterprise value | $279.22B+48.9% | $187.48B-13.5% | $216.74B+7.8% | $201.09B-40.6% | |
| Price / sales | 67.2×+8.7× | 58.6×-28.2× | 86.7×-32.9× | 119.6×-245× | |
| Price / book | 131.4×+76.4× | 55×+12.5× | 42.5×+5.0× | 37.5×-30.8× | |
| EV / sales | 65.5×+8.8× | 56.7×-28.8× | 85.5×-32.4× | 117.9×-244× | |
| Free cash flow yield | 5%-2.3pp | 7.3%+2.1pp | 5.1%— | —— | |
| Earnings yield | -8%+1.3pp | -9.2%-2.9pp | -6.4%-0.8pp | -5.6%-2.2pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Snowflake's profit margins?
- Snowflake (SNOW) runs a 67.1% gross margin and a -26.1% operating margin, with a -23.8% net margin.
- Where do Snowflake's ratios come from?
- Every ratio is computed from Snowflake's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
