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Snowflake SNOW Return on assets

Return on assets at other companies

Microsoft logo
MicrosoftMSFT
19.9%+1.5pp
Amazon logo
AmazonAMZN
10.1%-1.1pp
Palantir Technologies Inc. logo
Palantir Technologies Inc.PLTR
26.9%+17.1pp
Oracle logo
OracleORCL
8%-0.2pp
MongoDB logo
MongoDBMDB
-6.8%-0.4pp
CoreWeave, Inc.
 logo
CoreWeave, Inc. CRWV
-4.1%

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$80.51B-11.0%
Enterprise value$78.87B-10.9%
P/S16×-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 return on assets?
Snowflake (SNOW) reported return on assets of -14.3% in Q1 2026.
How has Snowflake's return on assets changed year-over-year?
Snowflake's return on assets increased by 20.8% year-over-year, from -18.1% to -14.3%.
What is the long-term trend for Snowflake's return on assets?
Over 3 years (2023 to 2026), Snowflake's return on assets has grown at a 16.9% compound annual growth rate (CAGR), from -42.2% to -67.4%.
What does return on assets mean?
How much profit the company squeezes out of everything it owns.
How do you interpret return on assets?
Higher means more productive assets. Unlike ROE, it is unaffected by leverage, so a wide ROE-minus-ROA gap flags a heavily levered balance sheet.
How does return on assets compare across companies?
Best compared within an industry — asset intensity varies enormously across sectors. Not meaningful for banks, whose assets are largely financial.