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

NYSE:PSTG • US74624M1027

73.85 USD
+3.04 (+4.29%)
At close: Feb 13, 2026
74.05 USD
+0.2 (+0.27%)
After Hours: 2/13/2026, 8:04:00 PM
Fundamental Rating

5

Taking everything into account, PSTG scores 5 out of 10 in our fundamental rating. PSTG was compared to 35 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. 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.
  • 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.
  • In the past 5 years PSTG always reported a positive cash flow from operatings.
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

  • PSTG has a better Return On Assets (3.09%) than 71.43% of its industry peers.
  • PSTG's Return On Equity of 9.29% is fine compared to the rest of the industry. PSTG outperforms 80.00% 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 60.00% of its industry peers.
  • PSTG had an Average Return On Invested Capital over the past 3 years of 2.97%. This 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

  • PSTG has a better Profit Margin (3.74%) than 77.14% of its industry peers.
  • PSTG's Operating Margin of 2.01% is in line compared to the rest of the industry. PSTG outperforms 60.00% of its industry peers.
  • The Gross Margin of PSTG (69.81%) is better than 97.14% of its industry peers.
  • 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

7

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PSTG is destroying value.
  • The number of shares outstanding for PSTG has been increased compared to 1 year ago.
  • PSTG has more shares outstanding than it did 5 years ago.
  • PSTG has a better debt/assets ratio than last year.
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

  • An Altman-Z score of 5.71 indicates that PSTG is not in any danger for bankruptcy at the moment.
  • With an excellent Altman-Z score value of 5.71, PSTG belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
  • 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.
  • 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.
  • Looking at the Debt to Equity ratio, with a value of 0.00, PSTG belongs to the top of the industry, outperforming 82.86% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.01
Altman-Z 5.71
ROIC/WACC0.22
WACC8.71%
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

  • A Current Ratio of 1.65 indicates that PSTG should not have too much problems paying its short term obligations.
  • With a decent Current ratio value of 1.65, PSTG is doing good in the industry, outperforming 62.86% of the companies in the same industry.
  • A Quick Ratio of 1.60 indicates that PSTG should not have too much problems paying its short term obligations.
  • PSTG's Quick ratio of 1.60 is fine compared to the rest of the industry. PSTG outperforms 74.29% 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

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%.
  • 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.
  • 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

  • PSTG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.09% yearly.
  • PSTG is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.40% yearly.
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.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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

3

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 42.20, the valuation of PSTG can be described as expensive.
  • Based on the Price/Earnings ratio, PSTG is valued a bit cheaper than 65.71% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 27.97, PSTG is valued quite expensively.
  • The Price/Forward Earnings ratio is 31.94, which means the current valuation is very expensive for PSTG.
  • The rest of the industry has a similar Price/Forward Earnings ratio as PSTG.
  • When comparing the Price/Forward Earnings ratio of PSTG to the average of the S&P500 Index (27.96), we can say PSTG is valued inline with the index average.
Industry RankSector Rank
PE 42.2
Fwd PE 31.94
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

  • 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 65.71% of the companies in the same industry.
Industry RankSector Rank
P/FCF 42.83
EV/EBITDA 101.91
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 an expensive valuation of the company.
  • PSTG's earnings are expected to grow with 16.68% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.65
PEG (5Y)0.92
EPS Next 2Y16.28%
EPS Next 3Y16.68%

0

5. Dividend

5.1 Amount

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

PURE STORAGE INC - CLASS A

NYSE:PSTG (2/13/2026, 8:04:00 PM)

After market: 74.05 +0.2 (+0.27%)

73.85

+3.04 (+4.29%)

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 Cap24.27B
Revenue(TTM)3.48B
Net Income(TTM)130.36M
Analysts78.52
Price Target97.02 (31.37%)
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 42.2
Fwd PE 31.94
P/S 6.97
P/FCF 42.83
P/OCF 29.58
P/B 17.3
P/tB 23.59
EV/EBITDA 101.91
EPS(TTM)1.75
EY2.37%
EPS(NY)2.31
Fwd EY3.13%
FCF(TTM)1.72
FCFY2.34%
OCF(TTM)2.5
OCFY3.38%
SpS10.6
BVpS4.27
TBVpS3.13
PEG (NY)2.65
PEG (5Y)0.92
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 5.71
F-Score5
WACC8.71%
ROIC/WACC0.22
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.