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Splunk Inc. (SPLK) EV/Sales Ratio: 6.68x

Is Splunk Inc.’s EV/Sales ratio high or low?

Splunk Inc.'s EV/Sales ratio of 6.68x is 26% below its 5-year average of 9.01x, near the low end of its 5-year range (4.72x–15.37x).

As of Friday, June 12, 2026. 3.98% above its 12-month average of 6.42x.

SPLK EV/Sales Ratio Chart

SPLK EV/Sales Ratio
6.68x+23.48% 1Y
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SPLK Average EV/Sales Ratio Chart

SPLK Current vs Average EV/Sales Ratio Chart

SPLK EV/Sales Ratio Metrics

EV/SALES RATIO

6.68x

EV/SALES RATIO AVG TTM

6.42x

EV/SALES RATIO AVG 3Y

7.49x

EV/SALES RATIO AVG 5Y

9.01x

EV/SALES RATIO AVG 10Y

10.51x

EV/SALES RATIO AVG 15Y

11.75x

EV/SALES RATIO AVG 20Y

11.75x

CURRENT VS TTM AVG

+3.98%

CURRENT VS 3Y AVG

-10.79%

CURRENT VS 5Y AVG

-25.85%

CURRENT VS 10Y AVG

-36.42%

CURRENT VS 15Y AVG

-43.16%

CURRENT VS 20Y AVG

-43.16%

SPLK Competitors' EV/Sales Ratio

NAMEMARKET CAPEV/SALES RATIOTTM3Y5Y
Splunk Inc. (SPLK)$26.44B6.68x6.42x7.49x9.01x
Zoom Communications, Inc. (ZM)$27.07B5.45x5.18x4.72x7.57x
VeriSign, Inc. (VRSN)$25.46B16.03x15.99x15.05x16.17x
Fiserv, Inc. (FISV)$28.29B2.70x3.79x5.35x5.36x
MongoDB, Inc. (MDB)$28.51B10.72x10.68x12.88x18.05x
Cognizant Technology Solutions Corporation (CTSH)$24.25B1.12x1.60x1.77x1.86x
Tower Semiconductor Ltd. (TSEM)$28.87B18.16x8.65x4.78x4.03x
Verisk Analytics, Inc. (VRSK)$23.85B9.25x11.50x14.30x13.63x
Atlassian Corporation (TEAM)$23.43B3.78x6.55x10.69x16.76x
HP Inc. (HPQ)$22.57B0.50x0.55x0.67x0.66x

Understanding EV/Sales

Enterprise Value (EV) = Market Cap + Total Debt - Cash

Sales = Total Revenue (TTM)

EV/Sales is commonly used because:

  • It works for unprofitable companies where P/E doesn't apply
  • Revenue is harder to manipulate than earnings
  • It supports comparisons across companies at different profitability stages
  • It is frequently used for software and other revenue-growth-focused companies

Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.

Splunk Inc. EV/Sales Ratio Formula & Definition

EV/Sales = Enterprise Value / Revenue (TTM)

Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Splunk Inc. EV/Sales Ratio FAQ

What is the EV/Sales ratio for Splunk Inc. (SPLK)?
The EV/Sales ratio for SPLK stock is 6.68x.
Is Splunk Inc.'s EV/Sales ratio high or low?
Splunk Inc.'s EV/Sales ratio of 6.68x is 26% below its 5-year average of 9.01x, near the low end of its 5-year range (4.72x–15.37x).
What is the TTM average EV/Sales ratio for Splunk Inc. (SPLK)?
The TTM average EV/Sales ratio for SPLK stock is 6.42x.
What is the 3Y average EV/Sales ratio for Splunk Inc. (SPLK)?
The 3Y average EV/Sales ratio for SPLK stock is 7.49x.
What is the 5Y average EV/Sales ratio for Splunk Inc. (SPLK)?
The 5Y average EV/Sales ratio for SPLK stock is 9.01x.
What is the 10Y average EV/Sales ratio for Splunk Inc. (SPLK)?
The 10Y average EV/Sales ratio for SPLK stock is 10.51x.
What is the 15Y average EV/Sales ratio for Splunk Inc. (SPLK)?
The 15Y average EV/Sales ratio for SPLK stock is 11.75x.
What is the 20Y average EV/Sales ratio for Splunk Inc. (SPLK)?
The 20Y average EV/Sales ratio for SPLK stock is 11.75x.

Splunk Inc. EV/Sales Ratio History

DATEEV/SALES RATIO
2024-03-186.68x
2024-03-156.68x
2024-03-146.66x
2024-03-136.67x
2024-03-126.67x
2024-03-116.66x
2024-03-086.66x
2024-03-076.65x
2024-03-066.65x
2024-03-056.66x
2024-03-046.65x
2024-03-016.65x
2024-02-296.65x
2024-02-286.65x
2024-02-276.63x
2024-02-267.85x
2024-02-237.85x
2024-02-227.86x
2024-02-217.85x
2024-02-207.85x
2024-02-167.85x
2024-02-157.85x
2024-02-147.80x
2024-02-137.80x
2024-02-127.80x
2024-02-097.81x
2024-02-087.79x
2024-02-077.75x
2024-02-067.76x
2024-02-057.75x
2024-02-027.75x
2024-02-017.75x
2024-01-317.75x
2024-01-307.75x
2024-01-297.76x
2024-01-267.75x
2024-01-257.75x
2024-01-247.75x
2024-01-237.75x
2024-01-227.75x
2024-01-197.75x
2024-01-187.73x
2024-01-177.72x
2024-01-167.72x
2024-01-127.72x
2024-01-117.72x
2024-01-107.71x
2024-01-097.71x
2024-01-087.70x
2024-01-057.70x
2024-01-047.70x
2024-01-037.70x
2024-01-027.70x
2023-12-297.70x
2023-12-287.69x
2023-12-277.69x
2023-12-267.70x
2023-12-227.69x
2023-12-217.68x
2023-12-207.68x
2023-12-197.69x
2023-12-187.68x
2023-12-157.71x
2023-12-147.68x
2023-12-137.69x
2023-12-127.67x
2023-12-117.66x
2023-12-087.64x
2023-12-077.64x
2023-12-067.65x
2023-12-057.66x
2023-12-047.64x
2023-12-017.66x
2023-11-307.67x
2023-11-297.62x
2023-11-287.65x
2023-11-277.23x
2023-11-247.24x
2023-11-227.23x
2023-11-217.24x
2023-11-207.22x
2023-11-177.20x
2023-11-167.20x
2023-11-157.21x
2023-11-147.21x
2023-11-137.02x
2023-11-107.03x
2023-11-097.01x
2023-11-087.02x
2023-11-077.04x
2023-11-067.01x
2023-11-037.01x
2023-11-027.02x
2023-11-017.03x
2023-10-317.04x
2023-10-307.04x
2023-10-277.04x
2023-10-267.04x
2023-10-257.05x
2023-10-247.06x
2023-10-237.07x
2023-10-207.05x
2023-10-197.07x
2023-10-187.07x
2023-10-177.07x
2023-10-167.08x
2023-10-137.07x
2023-10-127.06x
2023-10-117.04x
2023-10-107.01x
2023-10-097.03x
2023-10-067.02x
2023-10-057.03x
2023-10-047.02x
2023-10-036.99x
2023-10-027.00x
2023-09-297.00x
2023-09-287.01x
2023-09-277.01x
2023-09-266.97x
2023-09-256.94x
2023-09-226.95x
2023-09-216.92x
2023-09-205.84x
2023-09-195.83x
2023-09-185.83x
2023-09-155.90x
2023-09-145.95x
2023-09-136.01x
2023-09-125.97x
2023-09-116.04x
2023-09-086.05x
2023-09-076.07x
2023-09-066.06x
2023-09-056.04x
2023-09-015.98x
2023-08-315.92x
2023-08-305.87x
2023-08-295.79x
2023-08-285.74x
2023-08-255.68x
2023-08-245.55x
2023-08-235.30x
2023-08-225.22x
2023-08-215.24x
2023-08-185.19x
2023-08-175.17x
2023-08-165.17x
2023-08-155.21x
2023-08-145.24x
2023-08-115.23x
2023-08-105.25x
2023-08-095.27x
2023-08-085.31x
2023-08-075.40x
2023-08-045.42x
2023-08-035.49x
2023-08-025.47x
2023-08-015.62x
2023-07-315.67x
2023-07-285.50x
2023-07-275.40x
2023-07-265.54x
2023-07-255.49x
2023-07-245.46x
2023-07-215.50x
2023-07-205.51x
2023-07-195.68x
2023-07-185.71x
2023-07-175.79x
2023-07-145.69x
2023-07-135.66x
2023-07-125.46x
2023-07-115.52x
2023-07-105.50x
2023-07-075.49x
2023-07-065.49x
2023-07-055.58x
2023-07-035.54x
2023-06-305.57x
2023-06-295.53x
2023-06-285.49x
2023-06-275.40x
2023-06-265.28x
2023-06-235.34x
2023-06-225.50x
2023-06-215.50x
2023-06-205.64x
2023-06-165.65x
2023-06-155.76x
2023-06-145.48x
2023-06-135.37x
2023-06-125.37x
2023-06-095.25x
2023-06-085.25x
2023-06-075.23x
2023-06-065.45x
2023-06-055.38x
2023-06-025.43x
2023-06-015.43x
2023-05-315.27x
2023-05-305.26x
2023-05-265.28x
2023-05-255.11x
2023-05-245.88x
2023-05-235.87x
2023-05-225.95x
2023-05-195.85x
2023-05-185.88x
2023-05-175.72x
2023-05-165.45x
2023-05-155.47x
2023-05-125.27x
2023-05-115.31x
2023-05-105.32x
2023-05-095.27x
2023-05-085.32x
2023-05-055.29x
2023-05-045.15x
2023-05-035.17x
2023-05-025.17x
2023-05-015.28x
2023-04-285.34x
2023-04-275.33x
2023-04-265.35x
2023-04-255.26x
2023-04-245.53x
2023-04-215.59x
2023-04-205.60x
2023-04-195.66x
2023-04-185.66x
2023-04-175.70x
2023-04-145.58x
2023-04-135.62x
2023-04-125.54x
2023-04-115.57x
2023-04-105.69x
2023-04-065.73x
2023-04-055.72x
2023-04-045.79x
2023-04-035.79x
2023-03-315.83x
2023-03-305.65x
2023-03-295.61x
2023-03-285.50x
2023-03-275.58x
2023-03-245.56x
2023-03-235.60x
2023-03-225.45x
2023-03-215.64x
2023-03-205.41x
2023-03-175.38x
2023-03-165.41x
2023-03-155.32x
2023-03-145.41x
2023-03-135.39x
2023-03-105.45x
2023-03-095.64x
2023-03-085.90x
2023-03-075.97x

Showing the most recent 260 of 2,997 data points. The chart above shows the full history.

About Splunk Inc.

Splunk Inc., through its subsidiaries, provides sophisticated software and cloud solutions that enable organizations to extract and operationalize valuable insights from the vast amounts of data produced by digital systems globally. At the core of its offerings is the Splunk Platform, a real-time data platform. This comprehensive platform integrates capabilities for data collection, streaming, indexing, searching, reporting, analysis, machine learning, alerting, continuous monitoring, and overall data management. The company also delivers specialized Splunk Solutions. Splunk Security solutions empower cybersecurity teams to streamline operations, accelerate threat detection and response, enhance threat visibility, and boost analyst productivity using machine learning and automation. For IT Operations teams, Splunk IT Solutions offer crucial visibility and control across both cloud and on-premises environments. Additionally, Splunk Observability Solutions are designed to assist in building and maintaining critical infrastructure and applications. Furthermore, Splunk supports an extensive Ecosystem Solutions portfolio, featuring pre-built data inputs, workflows, searches, reports, alerts, customizable dashboards, flexible UI components, and custom data visualizations. This ecosystem includes solutions like Splunk On-Call, Splunk Infrastructure Monitoring, and Splunk SOAR, all offering APIs and SDKs. These interfaces allow a broad network of third-party developers, partners, and customers to create custom content and extend Splunk's capabilities for specific applications. Beyond its software, Splunk provides various services, including adoption and implementation support, educational training, and ongoing maintenance and customer assistance. The company distributes its products directly through its field and inside sales teams, as well as indirectly through a diverse network of partners. Splunk Inc. was founded in 2003 and is headquartered in San Francisco, California.

San Francisco, CA
8,000 employees
Technology / Software - Infrastructure
Sector
Technology
Industry
Software - Infrastructure
CEO
Gary L. Steele