Commvault Systems, Inc. (CVLT) Key Metrics
CVLT valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $6.18B
- Enterprise value
- $6.18B
- P/E (TTM)
- 95.0 10-yr median 93.2
- Forward P/E
- 28.0
- PEG ratio
- 3.17
- Price / sales
- 5.1 10-yr median 3.9
- Price / book
- 119.0 10-yr median 10.1
- EV / EBITDA
- 54.9 10-yr median 79.0
- Dividend yield
- —
- Beta
- 0.79
CVLT key metrics, FY2017–FY2026
Fiscal year ended March 31, 2026 · U.S. dollarsCVLT valuation Price multiples at each fiscal year-end price.
CVLT returns How much profit the business earns on the capital it uses.
CVLT per-share figures Results divided by the shares outstanding at year-end.
CVLT financial health Debt, liquidity and how easily interest is covered.
CVLT efficiency & capital use Working capital cycle and where the cash goes.
CVLT valuation history
CVLT returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
CVLT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
CVLT cash returned to shareholders
CVLT price vs earnings per share
CVLT key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $3.48B | $7.13B | $4.57B | $2.53B | $3.13B | $3.01B | $1.85B | $3.08B | $2.59B | $2.37B |
| Enterprise value | $3.50B | $6.84B | $4.27B | $2.26B | $2.88B | $2.63B | $1.53B | $2.62B | $2.13B | $1.92B |
| P/E ratio | 49.2 | 93.7 | 27.1 | — | 93.2 | — | — | 865.4 | — | — |
| Price / sales | 2.9 | 7.2 | 5.5 | 3.2 | 4.1 | 4.2 | 2.8 | 4.3 | 3.7 | 3.7 |
| Price / book | 464.1 | 21.9 | 16.4 | 13.6 | 12.2 | 7.6 | 4.5 | 7.9 | 6.4 | 5.1 |
| Price / free cash flow | 14.7 | 35.0 | 22.9 | 15.2 | 18.1 | 26.0 | 21.7 | 29.7 | 33.6 | 25.3 |
| Price / operating cash flow | 14.2 | 34.4 | 22.4 | 14.9 | 17.7 | 24.3 | 21.0 | 28.0 | 30.7 | 23.7 |
| EV / sales | 3.0 | 6.9 | 5.1 | 2.9 | 3.7 | 3.6 | 2.3 | 3.7 | 3.0 | 3.0 |
| EV / EBITDA | 32.9 | 75.4 | 47.2 | — | 52.9 | — | 338.7 | 82.7 | 225.0 | 208.6 |
| EV / free cash flow | 14.7 | 33.6 | 21.4 | 13.5 | 16.6 | 22.8 | 18.0 | 25.3 | 27.6 | 20.5 |
| Earnings yield | 2.0% | 1.1% | 3.7% | −1.4% | 1.1% | −1.0% | −0.3% | 0.1% | −2.4% | 0.0% |
| Free cash flow yield | 6.8% | 2.9% | 4.4% | 6.6% | 5.5% | 3.8% | 4.6% | 3.4% | 3.0% | 4.0% |
| Dividend yield | — | — | — | — | — | — | — | — | 0.0% | 0.0% |
| Shareholder yield (dividends + buybacks) | 12.8% | 2.3% | 4.0% | 6.0% | 9.7% | 3.2% | 4.2% | 4.3% | 4.3% | 2.1% |
| Share price at fiscal year-end | $77.89 | $157.76 | $101.43 | $56.74 | $66.35 | $64.50 | $40.48 | $64.74 | $57.20 | $50.80 |
| Per share | ||||||||||
| Revenue per share | $26.51 | $22.03 | $18.61 | $17.57 | $16.30 | $15.51 | $14.65 | $14.94 | $15.46 | $13.84 |
| Earnings per share | $1.58 | $1.68 | $3.75 | −$0.80 | $0.71 | −$0.66 | −$0.12 | $0.07 | −$1.37 | $0.01 |
| Operating cash flow per share | $5.48 | $4.59 | $4.52 | $3.81 | $3.75 | $2.66 | $1.93 | $2.31 | $1.86 | $2.15 |
| Free cash flow per share | $5.31 | $4.51 | $4.43 | $3.74 | $3.67 | $2.48 | $1.86 | $2.18 | $1.70 | $2.01 |
| Cash per share | $20.15 | $6.69 | $6.93 | $6.44 | $5.67 | $8.51 | $7.42 | $9.63 | $10.22 | $9.66 |
| Book value per share | $0.17 | $7.20 | $6.17 | $4.17 | $5.42 | $8.45 | $8.99 | $8.22 | $8.93 | $10.02 |
| Tangible book value per share | −$4.96 | $2.64 | $3.31 | $1.25 | $2.64 | $6.04 | $5.53 | $8.22 | $8.93 | $10.02 |
| Dividends per share | — | — | — | — | — | — | — | — | $0.00 | $0.00 |
| Capex per share | $0.17 | $0.08 | $0.09 | $0.07 | $0.08 | $0.18 | $0.07 | $0.14 | $0.16 | $0.14 |
| Debt per share | $20.55 | $0.24 | $0.27 | $0.29 | $0.34 | $0.49 | $0.36 | — | $0.00 | $0.00 |
| Shares outstanding | 44.7M | 45.2M | 45.1M | 44.7M | 47.2M | 46.7M | 45.8M | 47.6M | 45.2M | 46.6M |
| Change in shares outstanding | −1.2% | +0.2% | +1.0% | −5.4% | +1.2% | +1.9% | −3.8% | +5.2% | −3.0% | +0.3% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 42.5% | 25.2% | 72.8% | −16.2% | 10.3% | −7.7% | −1.4% | 0.9% | −14.2% | 0.1% |
| Return on invested capital (ROIC) | 274.6% | — | — | — | 267.7% | −32.5% | −127.7% | — | — | −7.6% |
| Return on assets (ROA) | 4.7% | 7.4% | 19.5% | −4.4% | 3.9% | −3.5% | −0.7% | 0.4% | −7.5% | 0.1% |
| Return on tangible assets | 4.3% | 8.3% | 20.7% | −5.4% | 4.8% | −3.9% | −0.8% | 0.4% | −7.6% | 0.1% |
| Free cash flow margin | 20.0% | 20.5% | 23.8% | 21.3% | 22.5% | 16.0% | 12.7% | 14.6% | 11.0% | 14.5% |
| Income quality (OCF / net income) | 3.46 | 2.72 | 1.21 | — | 5.27 | — | — | 30.94 | — | 185.26 |
| Financial health | ||||||||||
| Total debt | $917.5M | $11.0M | $12.1M | $12.8M | $16.0M | $22.9M | $16.5M | — | $0 | $0 |
| Cash & short-term investments | $900.0M | $302.1M | $312.8M | $287.8M | $267.5M | $397.2M | $339.7M | $458.3M | $462.4M | $450.2M |
| Net debt | $17.5M | −$291.2M | −$300.7M | −$275.0M | −$251.5M | −$374.3M | −$323.2M | −$458.3M | −$462.4M | −$450.2M |
| Debt / equity | 122.43 | 0.03 | 0.04 | 0.07 | 0.06 | 0.06 | 0.04 | — | 0.00 | 0.00 |
| Debt / assets | 0.49 | 0.01 | 0.01 | 0.02 | 0.02 | 0.03 | 0.02 | — | 0.00 | 0.00 |
| Net debt / EBITDA | 0.16 | −3.21 | −3.32 | — | −4.62 | — | −71.52 | −14.44 | −48.95 | −48.96 |
| Current ratio | 1.95 | 1.14 | 1.23 | 1.34 | 1.23 | 1.63 | 1.56 | 2.01 | 2.00 | 2.10 |
| Quick ratio | 1.95 | 1.14 | 1.23 | 1.25 | 1.23 | 1.63 | 1.54 | 2.01 | 2.00 | 4.08 |
| Interest coverage | 27.8 | 177.3 | 181.6 | -33.7 | 381.3 | -0.2 | -0.6 | — | -0.8 | -1.3 |
| Working capital | $628.3M | $80.0M | $110.2M | $140.8M | $90.0M | $234.4M | $185.1M | $328.7M | $322.6M | $313.1M |
| Invested capital | $25.0M | $34.0M | −$22.6M | −$88.9M | $4.4M | $19.7M | $88.7M | −$67.0M | −$58.4M | $16.7M |
| Tangible asset value | −$221.5M | $119.1M | $149.3M | $56.0M | $124.5M | $281.6M | $253.1M | $391.3M | $404.1M | $466.9M |
| Net current asset value | −$592.3M | −$158.1M | −$70.7M | −$55.6M | −$88.0M | $87.4M | $58.0M | $223.9M | $232.2M | $235.8M |
| Graham number | $2.44 | $16.51 | $22.79 | — | $9.32 | — | — | $3.72 | — | $1.62 |
| Graham net-net per share | −$16.37 | −$6.68 | −$4.13 | −$3.17 | −$3.37 | $0.39 | −$0.04 | $3.36 | $3.75 | −$1.96 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | — | — | — | — | — | $0 | $0 |
| Share buybacks (net) | $446.1M | $165.0M | $184.0M | $150.9M | $305.2M | $95.3M | $77.2M | $132.7M | $112.2M | $50.0M |
| Dividend payout ratio | — | — | — | — | — | — | — | — | — | 0.0% |
| Dividends + buybacks / free cash flow | 188.1% | 81.0% | 92.1% | 90.3% | 176.2% | 82.3% | 90.5% | 128.1% | 145.5% | 53.4% |
| Capex / revenue | 0.6% | 0.4% | 0.5% | 0.4% | 0.5% | 1.1% | 0.5% | 0.9% | 1.0% | 1.0% |
| Capex / operating cash flow | 3.1% | 1.8% | 2.0% | 1.9% | 2.2% | 6.6% | 3.6% | 6.0% | 8.4% | 6.4% |
| Capex / depreciation | 0.73 | 0.41 | 0.63 | 0.31 | 0.36 | 0.51 | 0.19 | 0.54 | 0.60 | 0.63 |
| Stock-based compensation / revenue | 10.4% | 11.4% | 11.3% | 13.5% | 13.7% | 11.7% | 9.8% | 11.3% | 10.6% | 11.5% |
| R&D / revenue | 13.7% | 14.7% | 15.8% | 18.1% | 20.0% | 18.4% | 16.4% | 13.0% | 13.5% | 13.0% |
| SG&A / revenue | 57.7% | 57.5% | 55.9% | 56.7% | 57.8% | 58.6% | 63.8% | 66.3% | 71.7% | 73.3% |
| Efficiency | ||||||||||
| Days sales outstanding | 89.8 | 87.0 | 94.2 | 94.1 | 90.7 | 84.5 | 88.1 | 87.0 | 78.9 | 71.7 |
| Days of inventory on hand | — | — | 46.6 | 104.3 | — | 13.3 | 12.5 | 0.0 | — | -2,251.5 |
| Days payables outstanding | 0.8 | 0.7 | 0.5 | 0.7 | 1.3 | 1.1 | 3.9 | 4.6 | 1.6 | 0.9 |
| Cash conversion cycle (days) | 89.0 | 86.3 | 140.3 | 197.7 | 89.4 | 96.7 | 96.7 | 82.4 | -977.3 | -2,180.6 |
| Receivables turnover | 4.06 | 4.19 | 3.88 | 3.88 | 4.03 | 4.32 | 4.14 | 4.19 | 4.63 | 5.09 |
| Payables turnover | 455.99 | 532.84 | 745.01 | 501.49 | 282.53 | 321.21 | 93.93 | 79.41 | 223.58 | 399.96 |
| Inventory turnover | — | — | 7.84 | 3.50 | — | 27.34 | 29.27 | 234,012,000.00 | — | — |
| Asset turnover | 0.79 | 0.97 | 0.97 | 0.97 | 0.88 | 0.81 | 0.79 | 0.87 | 0.85 | 0.83 |
| Average receivables | $291.2M | $237.3M | $216.6M | $202.3M | $191.2M | $167.6M | $161.9M | $169.5M | $151.1M | $126.8M |
| Average payables | $512,000 | $336,000 | $203,500 | $270,000 | $403,000 | $340,500 | $1.2M | $1.5M | $439,000 | $213,000 |
| Average inventory | — | — | $19.3M | $38.7M | — | $4.0M | $4.0M | $0 | −$283.6M | −$525.5M |
| Intangibles / total assets | 12.1% | 18.4% | 13.6% | 16.4% | 15.9% | 12.3% | 18.3% | 0.0% | 0.0% | 0.0% |
Computed from CVLT's annual financial statements (latest annual report filed May 11, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
CVLT valuation and financial ratios
At the end of fiscal 2026 (March 31, 2026), Commvault Systems traded at 49.2 times earnings, against a 10-year median of 93.2. Based on the latest twelve months, the trailing P/E is 95.0 and the forward P/E is 28.0. Commvault Systems earned a return on equity of 42.5% and a return on invested capital of 274.6% in fiscal 2026. It ended the year with $917.5 million of debt and $900.0 million in cash and short-term investments, net debt of $17.5 million. It returned $446.1 million to shareholders: $0 in dividends and $446.1 million in share buybacks, 188% of free cash flow. The share count fell 4.2% from 46.6M to 44.7M over 9 years.
See the CVLT income statement, the CVLT chart for price history, or the CVLT stock overview for the latest quote and news.
CVLT key metrics FAQ
What is Commvault Systems's P/E ratio?
Commvault Systems's trailing P/E ratio is 95.0 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 28.0. At the end of fiscal 2026 it was 49.2, compared with a 10-year median of 93.2.
What is Commvault Systems's EV/EBITDA?
Commvault Systems's enterprise value was 32.9 times EBITDA at the end of fiscal 2026 (enterprise value $3.5 billion, EBITDA $106.3 million); the current EV/EBITDA is 54.9.
What is Commvault Systems's return on equity?
Commvault Systems's return on equity (ROE) was 42.5% in fiscal 2026: net income of $70.7 million on average shareholders' equity of $166.3 million.
What is Commvault Systems's ROIC?
Commvault Systems's return on invested capital was 274.6% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Commvault Systems have?
Commvault Systems had total debt of $917.5 million at the end of fiscal 2026, a debt-to-equity ratio of 122.43 and $17.5 million of net debt (0.16 times EBITDA).
Does Commvault Systems buy back its shares?
Yes. Commvault Systems spent $446.1 million on net share repurchases in fiscal 2026 Shares outstanding changed −1.2% over the year, to 44.7M..
What is Commvault Systems's free cash flow yield?
Commvault Systems generated $237.2 million of free cash flow in fiscal 2026, a free cash flow yield of 6.8% on its market value at year-end ($3.5 billion).
What is Commvault Systems's current ratio?
Commvault Systems's current ratio was 1.95 at the end of fiscal 2026: current assets were 1.95 times current liabilities.