Nutanix, Inc. (NTNX) Key Metrics
NTNX valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $18.11B
- Enterprise value
- $18.01B
- P/E (TTM)
- 12.9
- Forward P/E
- 29.9
- PEG ratio
- 1.43
- Price / sales
- 6.3 10-yr median 4.6
- Price / book
- 26.8 10-yr median 24.6
- EV / EBITDA
- 44.0 10-yr median 73.8
- Dividend yield
- —
- Beta
- 0.64
NTNX key metrics, FY2017–FY2026
Fiscal year ended July 31, 2026 · U.S. dollarsNTNX valuation Price multiples at each fiscal year-end price.
P/E ratio−90.2%
11.5
FY2026 · hover or tap a bar for each year
FY2017FY2026
Price / sales−30.5%
6.1
FY2026 · hover or tap a bar for each year
FY2017FY2026
Price / book
24.6
FY2026 · hover or tap a bar for each year
FY2017FY2026
EV / EBITDA−44.4%
41.0
FY2026 · hover or tap a bar for each year
FY2017FY2026
Price / free cash flow−30.3%
20.5
FY2026 · hover or tap a bar for each year
FY2017FY2026
Free cash flow yield+1.5 pts
4.9%
FY2026 · hover or tap a bar for each year
FY2017FY2026
NTNX returns How much profit the business earns on the capital it uses.
Return on assets+29.1 pts
36.1%
FY2026 · hover or tap a bar for each year
FY2017FY2026
Free cash flow margin−0.1 pts
29.5%
FY2026 · hover or tap a bar for each year
FY2017FY2026
Cash conversion (OCF / net income)−86.1%
0.61
FY2026 · hover or tap a bar for each year
FY2017FY2026
Asset turnover−27.0%
0.68
FY2026 · hover or tap a bar for each year
FY2017FY2026
NTNX per-share figures Results divided by the shares outstanding at year-end.
Revenue per share+13.0%
$9.75
FY2026 · hover or tap a bar for each year
FY2017FY2026
Earnings per share+703.6%
$5.15
FY2026 · hover or tap a bar for each year
FY2017FY2026
Free cash flow per share+12.6%
$2.87
FY2026 · hover or tap a bar for each year
FY2017FY2026
Book value per share
$2.40
FY2026 · hover or tap a bar for each year
FY2017FY2026
Shares outstanding−0.5%
292.7M
FY2026 · hover or tap a bar for each year
FY2017FY2026
NTNX financial health Debt, liquidity and how easily interest is covered.
Debt / equity
2.16
FY2026 · hover or tap a bar for each year
FY2017FY2026
Net debt−$332.8M
−$842.7M
FY2026 · hover or tap a bar for each year
FY2017FY2026
Net debt / EBITDA−0.36
−2.10
FY2026 · hover or tap a bar for each year
FY2017FY2026
Current ratio−1.0%
1.71
FY2026 · hover or tap a bar for each year
FY2017FY2026
Interest coverage+254.9%
31.0
FY2026 · hover or tap a bar for each year
FY2017FY2026
Debt / assets−33.7%
0.30
FY2026 · hover or tap a bar for each year
FY2017FY2026
NTNX efficiency & capital use Working capital cycle and where the cash goes.
Days sales outstanding−1 days
41 days
FY2026 · hover or tap a bar for each year
FY2017FY2026
Days payables outstanding+17 days
86 days
FY2026 · hover or tap a bar for each year
FY2017FY2026
Cash conversion cycle−19 days
-46 days
FY2026 · hover or tap a bar for each year
FY2017FY2026
Capex / revenue−0.1 pts
2.7%
FY2026 · hover or tap a bar for each year
FY2017FY2026
Dividends + buybacks / FCF+16.5 pts
57.5%
FY2026 · hover or tap a bar for each year
FY2017FY2026
NTNX valuation history
Fiscal year-endToday10-year median
NTNX returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
NTNX debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
NTNX cash returned to shareholders
DividendsBuybacksFree cash flow
NTNX price vs earnings per share
Share price at year-endEPS (right axis)
NTNX key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $17.27B | $22.11B | $12.36B | $7.04B | $3.34B | $7.44B | $4.32B | $4.11B | $8.02B | $2.73B |
| Enterprise value | $16.43B | $21.60B | $12.06B | $6.94B | $3.45B | $7.42B | $4.24B | $3.77B | $7.63B | $2.44B |
| P/E ratio | 11.5 | 117.4 | — | — | — | — | — | — | — | — |
| Price / sales | 6.1 | 8.7 | 5.8 | 3.8 | 2.1 | 5.3 | 3.3 | 3.3 | 6.9 | 3.2 |
| Price / book | 24.6 | — | — | — | — | — | — | 22.0 | 24.5 | 56.5 |
| Price / free cash flow | 20.5 | 29.5 | 20.7 | 34.0 | 180.5 | — | — | — | 265.8 | — |
| Price / operating cash flow | 18.8 | 26.9 | 18.4 | 25.9 | 49.4 | — | — | 97.5 | 86.7 | 197.2 |
| EV / sales | 5.8 | 8.5 | 5.6 | 3.7 | 2.2 | 5.3 | 3.2 | 3.1 | 6.6 | 2.9 |
| EV / EBITDA | 41.0 | 73.8 | 85.4 | — | — | — | — | — | — | — |
| EV / free cash flow | 19.5 | 28.8 | 20.2 | 33.5 | 186.9 | — | — | — | 252.8 | — |
| Earnings yield | 8.7% | 0.9% | −1.0% | −3.6% | −23.9% | −13.9% | −20.2% | −15.1% | −3.7% | −13.9% |
| Free cash flow yield | 4.9% | 3.4% | 4.8% | 2.9% | 0.6% | −2.1% | −5.8% | −1.9% | 0.4% | −1.3% |
| Dividend yield | — | — | — | 0.5% | 2.0% | 0.9% | — | — | 0.0% | 0.0% |
| Shareholder yield (dividends + buybacks) | 2.8% | 1.4% | 1.1% | 1.3% | 3.8% | 2.6% | 0.0% | 0.0% | 0.0% | 0.0% |
| Share price at fiscal year-end | $59.01 | $75.17 | $50.51 | $30.20 | $15.13 | $36.02 | $22.19 | $22.70 | $48.89 | $21.25 |
| Per share | ||||||||||
| Revenue per share | $9.75 | $8.63 | $8.78 | $7.99 | $7.17 | $6.75 | $6.72 | $6.83 | $7.04 | $6.59 |
| Earnings per share | $5.15 | $0.64 | −$0.51 | −$1.09 | −$3.62 | −$5.01 | −$4.48 | −$3.43 | −$1.81 | −$2.96 |
| Operating cash flow per share | $3.13 | $2.79 | $2.75 | $1.17 | $0.31 | −$0.48 | −$0.82 | $0.23 | $0.56 | $0.11 |
| Free cash flow per share | $2.87 | $2.55 | $2.44 | $0.89 | $0.08 | −$0.77 | −$1.28 | −$0.42 | $0.18 | −$0.28 |
| Cash per share | $8.07 | $6.78 | $4.06 | $6.16 | $6.01 | $5.88 | $3.70 | $5.02 | $5.69 | $2.72 |
| Book value per share | $2.40 | −$2.36 | −$2.98 | −$3.03 | −$3.63 | −$4.90 | −$1.41 | $1.03 | $1.99 | $0.38 |
| Tangible book value per share | $1.76 | −$3.00 | −$3.75 | −$3.85 | −$4.54 | −$5.95 | −$2.62 | −$0.36 | $1.18 | $0.04 |
| Dividends per share | — | — | — | $0.16 | $0.31 | $0.32 | — | — | $0.00 | $0.00 |
| Capex per share | $0.26 | $0.24 | $0.31 | $0.28 | $0.22 | $0.28 | $0.46 | $0.65 | $0.38 | $0.39 |
| Debt per share | $5.19 | $5.04 | $2.84 | $5.70 | $6.54 | $5.78 | $3.31 | $3.16 | $3.30 | $0.51 |
| Shares outstanding | 292.7M | 294.1M | 244.7M | 233.2M | 220.5M | 206.5M | 194.7M | 181.0M | 164.1M | 128.3M |
| Change in shares outstanding | −0.5% | +20.2% | +4.9% | +5.8% | +6.8% | +6.0% | +7.6% | +10.3% | +27.9% | −5.9% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | — | — | — | — | — | — | — | −241.9% | −158.5% | — |
| Return on assets (ROA) | 36.1% | 6.9% | −5.3% | −10.4% | −34.4% | −51.1% | −49.1% | −36.7% | −25.4% | −66.8% |
| Return on tangible assets | 30.8% | 6.1% | −6.4% | −10.9% | −36.8% | −50.2% | −56.9% | −40.5% | −20.3% | −54.6% |
| Free cash flow margin | 29.5% | 29.6% | 27.8% | 11.1% | 1.2% | −11.4% | −19.1% | −6.2% | 2.6% | −4.3% |
| Income quality (OCF / net income) | 0.61 | 4.36 | — | — | — | — | — | — | — | — |
| Financial health | ||||||||||
| Total debt | $1.52B | $1.48B | $695.2M | $1.33B | $1.44B | $1.19B | $643.6M | $571.4M | $541.7M | $65.3M |
| Cash & short-term investments | $2.36B | $1.99B | $994.3M | $1.44B | $1.32B | $1.21B | $719.8M | $908.8M | $934.3M | $349.1M |
| Net debt | −$842.7M | −$509.9M | −$299.1M | −$107.5M | $117.5M | −$20.5M | −$76.2M | −$337.5M | −$392.6M | −$283.8M |
| Debt / equity | 2.16 | — | — | — | — | — | — | 3.06 | 1.66 | 1.35 |
| Debt / assets | 0.30 | 0.45 | 0.32 | 0.53 | 0.61 | 0.52 | 0.36 | 0.32 | 0.34 | 0.09 |
| Net debt / EBITDA | −2.10 | −1.74 | −2.12 | — | — | — | — | — | — | — |
| Current ratio | 1.71 | 1.72 | 1.06 | 1.53 | 1.33 | 1.56 | 1.35 | 2.13 | 2.76 | 1.79 |
| Quick ratio | 1.71 | 1.72 | 1.06 | 1.43 | 1.18 | 1.44 | 1.26 | 2.05 | 2.68 | 1.70 |
| Interest coverage | 31.0 | 8.7 | 0.0 | -3.2 | -7.6 | -8.3 | -26.5 | -20.4 | -19.1 | — |
| Working capital | $1.19B | $1.02B | $77.1M | $605.6M | $382.1M | $523.4M | $265.1M | $675.9M | $804.9M | $245.2M |
| Invested capital | −$140.2M | −$1.20B | −$1.03B | −$814.9M | −$683.0M | −$1.03B | −$351.2M | −$150.6M | −$65.8M | −$235.6M |
| Tangible asset value | $515.5M | −$882.4M | −$918.5M | −$897.2M | −$1.00B | −$1.23B | −$509.6M | −$65.1M | $193.7M | $174.4M |
| Net current asset value | −$1.50B | −$1.54B | −$1.55B | −$1.49B | −$1.62B | −$1.84B | −$1.02B | −$323.9M | −$10.0M | $35.1M |
| Graham number | $16.67 | — | — | — | — | — | — | — | — | — |
| Graham net-net per share | −$6.12 | −$5.86 | −$6.94 | −$6.92 | −$7.51 | −$9.10 | −$5.62 | −$2.67 | −$0.78 | −$0.19 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | $36.3M | $67.8M | $65.8M | — | — | $0 | $0 |
| Share buybacks (net) | $483.5M | $307.9M | $131.1M | $58.6M | $58.6M | $125.1M | $0 | $0 | $0 | $0 |
| Dividends + buybacks / free cash flow | 57.5% | 41.0% | 21.9% | 45.8% | 683.8% | — | — | — | 0.0% | — |
| Capex / revenue | 2.7% | 2.8% | 3.5% | 3.5% | 3.1% | 4.2% | 6.8% | 9.6% | 5.4% | 5.9% |
| Capex / operating cash flow | 8.3% | 8.7% | 11.2% | 24.0% | 72.6% | — | — | 280.9% | 67.4% | 363.1% |
| Capex / depreciation | 1.08 | 0.98 | 1.03 | 0.86 | 0.56 | 0.62 | 0.95 | 1.53 | 1.24 | 1.31 |
| Stock-based compensation / revenue | 12.5% | 13.9% | 15.5% | 16.7% | 21.7% | 25.7% | 26.9% | 24.8% | 15.4% | 27.4% |
| R&D / revenue | 27.7% | 29.0% | 29.7% | 31.2% | 36.2% | 39.9% | 42.4% | 40.5% | 27.2% | 34.1% |
| SG&A / revenue | 49.5% | 51.0% | 54.8% | 62.1% | 72.4% | 86.5% | 99.1% | 83.3% | 63.7% | 68.3% |
| Efficiency | ||||||||||
| Days sales outstanding | 40.8 | 42.1 | 34.1 | 28.9 | 37.1 | 58.7 | 70.5 | 74.4 | 69.0 | 62.5 |
| Days of inventory on hand | — | — | — | 160.3 | 160.6 | 112.3 | 73.2 | 48.0 | 29.0 | 25.4 |
| Days payables outstanding | 86.3 | 69.0 | 42.2 | 41.1 | 52.3 | 63.2 | 81.5 | 83.7 | 65.8 | 70.2 |
| Cash conversion cycle (days) | -45.5 | -26.9 | -8.2 | 148.1 | 145.4 | 107.8 | 62.1 | 38.6 | 32.2 | 17.7 |
| Receivables turnover | 8.95 | 8.66 | 10.72 | 12.62 | 9.84 | 6.22 | 5.18 | 4.91 | 5.29 | 5.84 |
| Payables turnover | 4.23 | 5.29 | 8.64 | 8.88 | 6.98 | 5.78 | 4.48 | 4.36 | 5.55 | 5.20 |
| Inventory turnover | — | — | — | 2.28 | 2.27 | 3.25 | 4.99 | 7.61 | 12.58 | 14.37 |
| Asset turnover | 0.68 | 0.94 | 0.92 | 0.76 | 0.68 | 0.69 | 0.74 | 0.73 | 0.99 | 1.49 |
| Average receivables | $318.8M | $293.0M | $200.5M | $147.6M | $160.6M | $224.3M | $252.5M | $251.9M | $218.6M | $144.8M |
| Average payables | $89.1M | $63.3M | $37.5M | $37.4M | $46.0M | $50.5M | $64.0M | $69.8M | $69.6M | $62.9M |
| Average inventory | — | — | — | $145.9M | $141.3M | $89.8M | $57.5M | $40.0M | $30.7M | $22.8M |
| Intangibles / total assets | 3.7% | 5.7% | 8.9% | 7.5% | 8.5% | 9.5% | 13.3% | 14.1% | 8.3% | 5.8% |
Computed from NTNX's annual financial statements (latest annual report filed September 18, 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.
NTNX valuation and financial ratios
At the end of fiscal 2026 (July 31, 2026), Nutanix traded at 11.5 times earnings. Based on the latest twelve months, the trailing P/E is 12.9 and the forward P/E is 29.9. It ended the year with $1.5 billion of debt and $2.4 billion in cash and short-term investments, a net cash position of $842.7 million. It returned $483.5 million to shareholders: $0 in dividends and $483.5 million in share buybacks, 58% of free cash flow. The share count rose 128.2% from 128.3M to 292.7M over 9 years.
See the NTNX income statement, the NTNX chart for price history, or the NTNX stock overview for the latest quote and news.
NTNX key metrics FAQ
What is Nutanix's P/E ratio?
Nutanix's trailing P/E ratio is 12.9 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 29.9. At the end of fiscal 2026 it was 11.5.
What is Nutanix's EV/EBITDA?
Nutanix's enterprise value was 41.0 times EBITDA at the end of fiscal 2026 (enterprise value $16.4 billion, EBITDA $400.6 million); the current EV/EBITDA is 44.0.
How much debt does Nutanix have?
Nutanix had total debt of $1.5 billion at the end of fiscal 2026, a debt-to-equity ratio of 2.16 and more cash than debt.
Does Nutanix buy back its shares?
Yes. Nutanix spent $483.5 million on net share repurchases in fiscal 2026 Shares outstanding changed −0.5% over the year, to 292.7M..
What is Nutanix's free cash flow yield?
Nutanix generated $840.7 million of free cash flow in fiscal 2026, a free cash flow yield of 4.9% on its market value at year-end ($17.3 billion).
What is Nutanix's current ratio?
Nutanix's current ratio was 1.71 at the end of fiscal 2026: current assets were 1.71 times current liabilities.