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

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

64.28 USD
-2.99 (-4.44%)
At close: Feb 5, 2026
65.25 USD
+0.97 (+1.51%)
Pre-Market: 2/6/2026, 7:00:00 AM
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to PSTG. PSTG was compared to 34 industry peers in the Technology Hardware, Storage & Peripherals industry. PSTG is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. While showing a medium growth rate, PSTG is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • In the past year PSTG was profitable.
  • In the past year PSTG had a positive cash flow from operations.
  • The reported net income has been mixed in the past 5 years: PSTG reported negative net income in multiple years.
  • Each year in the past 5 years PSTG had a positive operating cash flow.
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

  • The Return On Assets of PSTG (3.09%) is better than 70.59% of its industry peers.
  • The Return On Equity of PSTG (9.29%) is better than 79.41% of its industry peers.
  • PSTG's Return On Invested Capital of 1.88% is in line compared to the rest of the industry. PSTG outperforms 58.82% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years 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 76.47% of the companies in the same industry.
  • PSTG has a Operating Margin (2.01%) which is comparable to the rest of the industry.
  • Looking at the Gross Margin, with a value of 69.81%, PSTG belongs to the top of the industry, outperforming 97.06% of the companies in the same industry.
  • In the last couple of years the Gross Margin of PSTG has remained more or less at the same level.
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

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PSTG is destroying value.
  • Compared to 1 year ago, PSTG has more shares outstanding
  • The number of shares outstanding for PSTG has been increased compared to 5 years ago.
  • The debt/assets ratio for PSTG has been reduced compared to a year ago.
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 5.26. This indicates that PSTG is financially healthy and has little risk of bankruptcy at the moment.
  • PSTG's Altman-Z score of 5.26 is amongst the best of the industry. PSTG outperforms 85.29% of its industry peers.
  • PSTG has a debt to FCF ratio of 0.01. This is a very positive value and a sign of high solvency as it would only need 0.01 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 0.01, PSTG belongs to the top of the industry, outperforming 97.06% of the companies in the same industry.
  • A Debt/Equity ratio of 0.00 indicates that PSTG is not too dependend on debt financing.
  • PSTG has a Debt to Equity ratio of 0.00. This is amongst the best in the industry. PSTG outperforms 82.35% of its industry peers.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.01
Altman-Z 5.26
ROIC/WACC0.21
WACC8.91%
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 61.76% of its industry peers.
  • A Quick Ratio of 1.60 indicates that PSTG should not have too much problems paying its short term obligations.
  • PSTG has a better Quick ratio (1.60) than 73.53% of its industry peers.
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

  • The earnings per share for PSTG have decreased by -0.57% in the last year.
  • The Earnings Per Share has been growing by 45.75% on average over the past years. This is a very strong growth
  • Looking at the last year, PSTG shows a quite strong growth in Revenue. The Revenue has grown by 13.18% in the last year.
  • The Revenue has been growing by 14.03% on average over the past years. This is quite good.
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

  • Based on estimates for the next years, PSTG will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.09% on average per year.
  • 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

  • The Price/Earnings ratio is 36.73, which means the current valuation is very expensive for PSTG.
  • PSTG's Price/Earnings ratio is a bit cheaper when compared to the industry. PSTG is cheaper than 64.71% of the companies in the same industry.
  • PSTG is valuated rather expensively when we compare the Price/Earnings ratio to 27.67, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 27.80, which means the current valuation is very expensive for PSTG.
  • The rest of the industry has a similar Price/Forward Earnings ratio as PSTG.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.20, PSTG is valued at the same level.
Industry RankSector Rank
PE 36.73
Fwd PE 27.8
PSTG Price Earnings VS Forward Price EarningsPSTG Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PSTG is on the same level as its industry peers.
  • Based on the Price/Free Cash Flow ratio, PSTG is valued a bit cheaper than the industry average as 64.71% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 37.28
EV/EBITDA 91.52
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)2.3
PEG (5Y)0.8
EPS Next 2Y16.28%
EPS Next 3Y16.68%

More info and screens

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

0

5. Dividend

5.1 Amount

  • PSTG does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

PURE STORAGE INC - CLASS A

NYSE:PSTG (2/5/2026, 8:04:00 PM)

Premarket: 65.25 +0.97 (+1.51%)

64.28

-2.99 (-4.44%)

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-1.33%
Ins Owners5.3%
Ins Owner Change-0.15%
Market Cap21.12B
Revenue(TTM)3.48B
Net Income(TTM)130.36M
Analysts78.52
Price Target97.02 (50.93%)
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)13.53%
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 36.73
Fwd PE 27.8
P/S 6.06
P/FCF 37.28
P/OCF 25.74
P/B 15.06
P/tB 20.53
EV/EBITDA 91.52
EPS(TTM)1.75
EY2.72%
EPS(NY)2.31
Fwd EY3.6%
FCF(TTM)1.72
FCFY2.68%
OCF(TTM)2.5
OCFY3.88%
SpS10.6
BVpS4.27
TBVpS3.13
PEG (NY)2.3
PEG (5Y)0.8
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 5.26
F-Score5
WACC8.91%
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.