Which has the lower trailing P/E, CART or ESTC?

CART has the lower trailing P/E: CART trades at 24.18 and ESTC at 26.29. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, CART or ESTC?

Over the past five years, ESTC grew revenue faster — CART at a 20.44% CAGR versus ESTC at 21.79%.

Is CART or ESTC more profitable?

ESTC runs the higher net margin — CART at 12.02% versus ESTC at 20.84%.

Maplebear Inc. (CART) vs Elastic N.V. (ESTC)

A side-by-side comparison of Maplebear Inc. and Elastic N.V. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 4, 2026. Differences are shown without an overall score or investment verdict.

CART

Maplebear Inc.

$10.40B

$44.25TechnologyDelayed quote: Oct 2, 2026, 4:00 PM EDT

ESTC

Elastic N.V.

$9.77B

$93.94TechnologyDelayed quote: Oct 2, 2026, 4:00 PM EDT

Total return — CART vs ESTC

growth of $100 · dividends reinvested · last 3y

CART +31.3% (+9.5%/yr)ESTC +21.9% (+6.8%/yr)CART compounded faster over this window

CART ESTC

CART vs ESTC: by the numbers

•CART is the larger company ($10.40B vs $9.77B market cap).
•CART trades at the lower trailing earnings multiple (24.18 vs 26.29 P/E), one valuation lens rather than an overall verdict.
•ESTC converts more revenue to profit (20.84% vs 12.02% net margin).
•ESTC grew revenue faster over the past five years (21.79% vs 20.44% CAGR).

Metrics side by side

Valuation

Metric	CART	ESTC
P/E ratio	24.18	26.29
Forward P/E	18.98	27.96
P/S ratio	2.60	5.42
P/B ratio	4.48	7.53
EV / EBITDA	13.69	N/A
FCF yield	11.30%	3.57%

Profitability

Metric	CART	ESTC
Gross margin	72.43%	75.50%
Operating margin	14.80%	-1.49%
Net margin	12.02%	20.84%
ROE	20.67%	28.97%
ROIC	17.59%	-1.37%

Growth (annualized)

Metric	CART	ESTC
Revenue CAGR (5Y)	20.44%	21.79%
FCF CAGR (5Y)	N/A	107.34%
Total return CAGR (5Y)	N/A	-9.06%

Frequently asked

Which has the lower trailing P/E, CART or ESTC?: CART has the lower trailing P/E: CART trades at 24.18 and ESTC at 26.29. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CART or ESTC?: Over the past five years, ESTC grew revenue faster — CART at a 20.44% CAGR versus ESTC at 21.79%.
Is CART or ESTC more profitable?: ESTC runs the higher net margin — CART at 12.02% versus ESTC at 20.84%.

Go deeper

Full CART analysis Full ESTC analysis Interactive comparison tool

Dig into the metrics

Maplebear P/E ratio Elastic P/E ratio Maplebear ROE Elastic ROE Maplebear operating margin Elastic operating margin Maplebear revenue growth Elastic revenue growth Maplebear free cash flow Elastic free cash flow

Maplebear & Elastic appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest FCF Yield Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 4, 2026.