Elastic N.V. (ESTC) vs HubSpot, Inc. (HUBS)
A side-by-side comparison of Elastic N.V. and HubSpot, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
ESTC
Elastic N.V.
$88.10TechnologyDelayed quote: Sep 29, 2026, 12:15 PM EDT
HUBS
HubSpot, Inc.
$197.57TechnologyDelayed quote: Sep 29, 2026, 12:15 PM EDT
Total return — ESTC vs HUBS
growth of $100 · dividends reinvested · last 8yESTC +19.1% (+2.2%/yr)HUBS +54.5% (+5.6%/yr)HUBS compounded faster over this window
ESTC HUBS
ESTC vs HUBS: by the numbers
- •HUBS is the larger company ($10.12B vs $9.16B market cap).
- •ESTC trades at the lower trailing earnings multiple (24.66 vs 69.81 P/E), one valuation lens rather than an overall verdict.
- •ESTC converts more revenue to profit (20.84% vs 4.26% net margin).
- •HUBS grew revenue faster over the past five years (26.31% vs 21.79% CAGR).
Metrics side by side
Valuation
| Metric | ESTC | HUBS |
|---|---|---|
| P/E ratio | 24.66 | 69.81 |
| Forward P/E | 26.23 | N/A |
| P/S ratio | 5.08 | 2.93 |
| P/B ratio | 7.06 | 6.11 |
| EV / EBITDA | N/A | 32.84 |
| FCF yield | 3.81% | 7.58% |
Profitability
| Metric | ESTC | HUBS |
|---|---|---|
| Gross margin | 75.50% | 83.25% |
| Operating margin | -1.49% | 3.83% |
| Net margin | 20.84% | 4.26% |
| ROE | 28.97% | 8.86% |
| ROIC | -1.37% | 5.70% |
Growth (annualized)
| Metric | ESTC | HUBS |
|---|---|---|
| Revenue CAGR (5Y) | 21.79% | 26.31% |
| FCF CAGR (5Y) | 107.34% | 39.65% |
| Total return CAGR (5Y) | -12.18% | -19.59% |
Frequently asked
- Which has the lower trailing P/E, ESTC or HUBS?
- ESTC has the lower trailing P/E: ESTC trades at 24.66 and HUBS at 69.81. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, ESTC or HUBS?
- Over the past five years, HUBS grew revenue faster — ESTC at a 21.79% CAGR versus HUBS at 26.31%.
- Is ESTC or HUBS more profitable?
- ESTC runs the higher net margin — ESTC at 20.84% versus HUBS at 4.26%.
- How have ESTC and HUBS total returns compared?
- Over the past 5 years, ESTC delivered -12.18% and HUBS delivered -19.59% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Elastic P/E ratioHubSpot P/E ratioElastic ROEHubSpot ROEElastic operating marginHubSpot operating marginElastic revenue growthHubSpot revenue growthElastic free cash flowHubSpot free cash flow
Elastic & HubSpot appear in these rankings
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 September 13, 2026.