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.

Compare

Total return — ESTC vs HUBS

growth of $100 · dividends reinvested · last 8y
ESTC +19.1% (+2.2%/yr)HUBS +54.5% (+5.6%/yr)HUBS compounded faster over this window
200400600Start $1002020202220242026$119$155
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

MetricESTCHUBS
P/E ratio24.6669.81
Forward P/E26.23N/A
P/S ratio5.082.93
P/B ratio7.066.11
EV / EBITDAN/A32.84
FCF yield3.81%7.58%

Profitability

MetricESTCHUBS
Gross margin75.50%83.25%
Operating margin-1.49%3.83%
Net margin20.84%4.26%
ROE28.97%8.86%
ROIC-1.37%5.70%

Growth (annualized)

MetricESTCHUBS
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.

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.