PURE STORAGE INC - CLASS A (PSTG) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:PSTG • US74624M1027

70.99 USD
+6.71 (+10.44%)
At close: Feb 6, 2026
71.1 USD
+0.11 (+0.15%)
After Hours: 2/6/2026, 8:04:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to PSTG. PSTG was compared to 35 industry peers in the Technology Hardware, Storage & Peripherals industry. PSTG has an excellent financial health rating, but there are some minor concerns on its profitability. PSTG is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • PSTG had positive earnings in the past year.
  • PSTG had a positive operating cash flow in the past year.
  • In multiple years PSTG reported negative net income over the last 5 years.
  • PSTG had a positive operating cash flow in each of the past 5 years.
PSTG Yearly Net Income VS EBIT VS OCF VS FCFPSTG Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M -200M 400M 600M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 3.09%, PSTG is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
  • PSTG has a better Return On Equity (9.29%) than 80.00% of its industry peers.
  • PSTG has a Return On Invested Capital (1.88%) which is comparable to the rest of the industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for PSTG is significantly below the industry average of 16.39%.
Industry RankSector Rank
ROA 3.09%
ROE 9.29%
ROIC 1.88%
ROA(3y)2.14%
ROA(5y)-1.63%
ROE(3y)6.92%
ROE(5y)-7.17%
ROIC(3y)2.97%
ROIC(5y)N/A
PSTG Yearly ROA, ROE, ROICPSTG Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -10 -20 -30 -40

1.3 Margins

  • With a decent Profit Margin value of 3.74%, PSTG is doing good in the industry, outperforming 77.14% of the companies in the same industry.
  • With a Operating Margin value of 2.01%, PSTG perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
  • With an excellent Gross Margin value of 69.81%, PSTG belongs to the best of the industry, outperforming 97.14% of the companies in the same industry.
  • PSTG's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 2.01%
PM (TTM) 3.74%
GM 69.81%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.13%
GM growth 5Y0.25%
PSTG Yearly Profit, Operating, Gross MarginsPSTG Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 -40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

7

2. Health

2.1 Basic Checks

  • PSTG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • PSTG has more shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, PSTG has more shares outstanding
  • Compared to 1 year ago, PSTG has an improved debt to assets ratio.
PSTG Yearly Shares OutstandingPSTG Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M
PSTG Yearly Total Debt VS Total AssetsPSTG Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

2.2 Solvency

  • PSTG has an Altman-Z score of 5.73. This indicates that PSTG is financially healthy and has little risk of bankruptcy at the moment.
  • The Altman-Z score of PSTG (5.73) is better than 85.71% of its industry peers.
  • The Debt to FCF ratio of PSTG is 0.01, which is an excellent value as it means it would take PSTG, only 0.01 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of PSTG (0.01) is better than 97.14% of its industry peers.
  • A Debt/Equity ratio of 0.00 indicates that PSTG is not too dependend on debt financing.
  • PSTG's Debt to Equity ratio of 0.00 is amongst the best of the industry. PSTG outperforms 82.86% of its industry peers.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.01
Altman-Z 5.73
ROIC/WACC0.21
WACC8.84%
PSTG Yearly LT Debt VS Equity VS FCFPSTG Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M 600M 800M 1B

2.3 Liquidity

  • PSTG has a Current Ratio of 1.65. This is a normal value and indicates that PSTG is financially healthy and should not expect problems in meeting its short term obligations.
  • The Current ratio of PSTG (1.65) is better than 62.86% of its industry peers.
  • A Quick Ratio of 1.60 indicates that PSTG should not have too much problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 1.60, PSTG is in the better half of the industry, outperforming 74.29% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.65
Quick Ratio 1.6
PSTG Yearly Current Assets VS Current LiabilitesPSTG Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. Growth

3.1 Past

  • PSTG shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -0.57%.
  • Measured over the past years, PSTG shows a very strong growth in Earnings Per Share. The EPS has been growing by 45.75% on average per year.
  • PSTG shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.18%.
  • Measured over the past years, PSTG shows a quite strong growth in Revenue. The Revenue has been growing by 14.03% on average per year.
EPS 1Y (TTM)-0.57%
EPS 3Y33.42%
EPS 5Y45.75%
EPS Q2Q%16%
Revenue 1Y (TTM)13.18%
Revenue growth 3Y13.26%
Revenue growth 5Y14.03%
Sales Q2Q%16.05%

3.2 Future

  • The Earnings Per Share is expected to grow by 14.09% on average over the next years. This is quite good.
  • The Revenue is expected to grow by 15.40% on average over the next years. This is quite good.
EPS Next Y15.94%
EPS Next 2Y16.28%
EPS Next 3Y16.68%
EPS Next 5Y14.09%
Revenue Next Year15.16%
Revenue Next 2Y15.79%
Revenue Next 3Y15.64%
Revenue Next 5Y15.4%

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
PSTG Yearly Revenue VS EstimatesPSTG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2B 4B 6B 8B 10B
PSTG Yearly EPS VS EstimatesPSTG Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 0 1 2 3

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Find the best growth stocksShow best growing peers

3

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 40.57, PSTG can be considered very expensive at the moment.
  • PSTG's Price/Earnings ratio is a bit cheaper when compared to the industry. PSTG is cheaper than 65.71% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of PSTG to the average of the S&P500 Index (27.93), we can say PSTG is valued slightly more expensively.
  • Based on the Price/Forward Earnings ratio of 30.70, the valuation of PSTG can be described as expensive.
  • PSTG's Price/Forward Earnings is on the same level as the industry average.
  • When comparing the Price/Forward Earnings ratio of PSTG to the average of the S&P500 Index (27.77), we can say PSTG is valued inline with the index average.
Industry RankSector Rank
PE 40.57
Fwd PE 30.7
PSTG Price Earnings VS Forward Price EarningsPSTG Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as PSTG.
  • Based on the Price/Free Cash Flow ratio, PSTG is valued a bit cheaper than 65.71% of the companies in the same industry.
Industry RankSector Rank
P/FCF 41.17
EV/EBITDA 102.19
PSTG Per share dataPSTG EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates PSTG does not grow enough to justify the current Price/Earnings ratio.
  • A more expensive valuation may be justified as PSTG's earnings are expected to grow with 16.68% in the coming years.
PEG (NY)2.54
PEG (5Y)0.89
EPS Next 2Y16.28%
EPS Next 3Y16.68%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • No dividends for PSTG!.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

PURE STORAGE INC - CLASS A

NYSE:PSTG (2/6/2026, 8:04:00 PM)

After market: 71.1 +0.11 (+0.15%)

70.99

+6.71 (+10.44%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)12-02
Earnings (Next)02-25
Inst Owners86.46%
Inst Owner Change-1.15%
Ins Owners5.3%
Ins Owner Change-0.15%
Market Cap23.33B
Revenue(TTM)3.48B
Net Income(TTM)130.36M
Analysts78.52
Price Target97.02 (36.67%)
Short Float %2.89%
Short Ratio2.07
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.24%
Min EPS beat(2)-2.49%
Max EPS beat(2)8.98%
EPS beat(4)3
Avg EPS beat(4)6.94%
Min EPS beat(4)-2.49%
Max EPS beat(4)14.91%
EPS beat(8)7
Avg EPS beat(8)15.15%
EPS beat(12)11
Avg EPS beat(12)25.66%
EPS beat(16)15
Avg EPS beat(16)54.61%
Revenue beat(2)0
Avg Revenue beat(2)-0.71%
Min Revenue beat(2)-1.1%
Max Revenue beat(2)-0.33%
Revenue beat(4)0
Avg Revenue beat(4)-0.77%
Min Revenue beat(4)-1.1%
Max Revenue beat(4)-0.33%
Revenue beat(8)0
Avg Revenue beat(8)-0.64%
Revenue beat(12)1
Avg Revenue beat(12)-0.55%
Revenue beat(16)3
Avg Revenue beat(16)1.18%
PT rev (1m)0.62%
PT rev (3m)8.34%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.53%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.72%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.86%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.62%
Valuation
Industry RankSector Rank
PE 40.57
Fwd PE 30.7
P/S 6.7
P/FCF 41.17
P/OCF 28.43
P/B 16.63
P/tB 22.68
EV/EBITDA 102.19
EPS(TTM)1.75
EY2.47%
EPS(NY)2.31
Fwd EY3.26%
FCF(TTM)1.72
FCFY2.43%
OCF(TTM)2.5
OCFY3.52%
SpS10.6
BVpS4.27
TBVpS3.13
PEG (NY)2.54
PEG (5Y)0.89
Graham Number12.96
Profitability
Industry RankSector Rank
ROA 3.09%
ROE 9.29%
ROCE 2.68%
ROIC 1.88%
ROICexc 4.53%
ROICexgc 6.93%
OM 2.01%
PM (TTM) 3.74%
GM 69.81%
FCFM 16.27%
ROA(3y)2.14%
ROA(5y)-1.63%
ROE(3y)6.92%
ROE(5y)-7.17%
ROIC(3y)2.97%
ROIC(5y)N/A
ROICexc(3y)14.68%
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)4.24%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.13%
GM growth 5Y0.25%
F-Score5
Asset Turnover0.83
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.01
Debt/EBITDA 0.01
Cap/Depr 185.84%
Cap/Sales 7.29%
Interest Coverage 16.9
Cash Conversion 397.01%
Profit Quality 434.72%
Current Ratio 1.65
Quick Ratio 1.6
Altman-Z 5.73
F-Score5
WACC8.84%
ROIC/WACC0.21
Cap/Depr(3y)164.45%
Cap/Depr(5y)150.4%
Cap/Sales(3y)6.6%
Cap/Sales(5y)6.02%
Profit Quality(3y)704.64%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-0.57%
EPS 3Y33.42%
EPS 5Y45.75%
EPS Q2Q%16%
EPS Next Y15.94%
EPS Next 2Y16.28%
EPS Next 3Y16.68%
EPS Next 5Y14.09%
Revenue 1Y (TTM)13.18%
Revenue growth 3Y13.26%
Revenue growth 5Y14.03%
Sales Q2Q%16.05%
Revenue Next Year15.16%
Revenue Next 2Y15.79%
Revenue Next 3Y15.64%
Revenue Next 5Y15.4%
EBIT growth 1Y-47.27%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year43.25%
EBIT Next 3Y29.62%
EBIT Next 5YN/A
FCF growth 1Y24.69%
FCF growth 3Y19.62%
FCF growth 5Y41.52%
OCF growth 1Y23.15%
OCF growth 3Y22.49%
OCF growth 5Y31.78%

PURE STORAGE INC - CLASS A / PSTG FAQ

Can you provide the ChartMill fundamental rating for PURE STORAGE INC - CLASS A?

ChartMill assigns a fundamental rating of 5 / 10 to PSTG.


What is the valuation status for PSTG stock?

ChartMill assigns a valuation rating of 3 / 10 to PURE STORAGE INC - CLASS A (PSTG). This can be considered as Overvalued.


Can you provide the profitability details for PURE STORAGE INC - CLASS A?

PURE STORAGE INC - CLASS A (PSTG) has a profitability rating of 5 / 10.


What is the expected EPS growth for PURE STORAGE INC - CLASS A (PSTG) stock?

The Earnings per Share (EPS) of PURE STORAGE INC - CLASS A (PSTG) is expected to grow by 15.94% in the next year.