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

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

76.05 USD
+2.41 (+3.27%)
At close: Feb 11, 2026
76.5 USD
+0.45 (+0.59%)
After Hours: 2/11/2026, 7:00:00 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. While PSTG has a great health rating, its profitability is only average at the moment. 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.
  • 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

  • The Return On Assets of PSTG (3.09%) is better 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.
  • Looking at the Return On Invested Capital, with a value of 1.88%, PSTG is in line with its industry, outperforming 60.00% of the companies in the same 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

  • PSTG has a better Profit Margin (3.74%) than 77.14% of its industry peers.
  • Looking at the Operating Margin, with a value of 2.01%, PSTG is in line with its industry, outperforming 60.00% of the companies in the same industry.
  • PSTG has a better Gross Margin (69.81%) than 97.14% of its industry peers.
  • 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

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.
  • The number of shares outstanding for PSTG has been increased compared to 5 years ago.
  • 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 5.91. This indicates that PSTG is financially healthy and has little risk of bankruptcy at the moment.
  • PSTG has a better Altman-Z score (5.91) than 85.71% 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 97.14% of the companies in the same industry.
  • A Debt/Equity ratio of 0.00 indicates that PSTG is not too dependend on debt financing.
  • The Debt to Equity ratio of PSTG (0.00) is better than 82.86% of its industry peers.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.01
Altman-Z 5.91
ROIC/WACC0.21
WACC8.78%
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.
  • PSTG's Current ratio of 1.65 is fine compared to the rest of the industry. PSTG outperforms 62.86% of its industry peers.
  • PSTG has a Quick Ratio of 1.60. This is a normal value and indicates that PSTG is financially healthy and should not expect problems in meeting its short term obligations.
  • PSTG has a better Quick ratio (1.60) than 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%.
  • 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.
  • 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

  • The Earnings Per Share is expected to grow by 14.09% on average over the next years. This is quite good.
  • Based on estimates for the next years, PSTG will show a quite strong growth in Revenue. The Revenue will grow by 15.40% on average per year.
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

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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

2

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 43.46, PSTG can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Earnings ratio of PSTG is on the same level as its industry peers.
  • The average S&P500 Price/Earnings ratio is at 28.23. PSTG is valued rather expensively when compared to this.
  • With a Price/Forward Earnings ratio of 32.89, PSTG can be considered very expensive at the moment.
  • The rest of the industry has a similar Price/Forward Earnings ratio as PSTG.
  • The average S&P500 Price/Forward Earnings ratio is at 28.01. PSTG is around the same levels.
Industry RankSector Rank
PE 43.46
Fwd PE 32.89
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 62.86% of the companies in the same industry.
Industry RankSector Rank
P/FCF 44.1
EV/EBITDA 106.41
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)2.73
PEG (5Y)0.95
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 (2/11/2026, 7:00:00 PM)

After market: 76.5 +0.45 (+0.59%)

76.05

+2.41 (+3.27%)

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 Cap24.99B
Revenue(TTM)3.48B
Net Income(TTM)130.36M
Analysts78.52
Price Target97.02 (27.57%)
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 43.46
Fwd PE 32.89
P/S 7.17
P/FCF 44.1
P/OCF 30.46
P/B 17.82
P/tB 24.29
EV/EBITDA 106.41
EPS(TTM)1.75
EY2.3%
EPS(NY)2.31
Fwd EY3.04%
FCF(TTM)1.72
FCFY2.27%
OCF(TTM)2.5
OCFY3.28%
SpS10.6
BVpS4.27
TBVpS3.13
PEG (NY)2.73
PEG (5Y)0.95
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 5.91
F-Score5
WACC8.78%
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 2 / 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.