Commvault Systems (CVLT) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Commvault Systems

NasdaqGS•Technology•Software - Application

$166.46-6.09(-0.04%)After hours

Market Cap

$6.64B

P/E

80.3x

P/S

5.3x

P/B

530.0x

Commvault Systems, Inc. provides cyber resiliency solutions for enterprises to protect, secure, and recover data, applications, and identity system. The company offers Operational Recovery for backup and recovery capabilities in hybrid enterprise workloads, such as backup, restore, recovery validation, and policy-based data movement to cloud storage; Autonomous Recovery, which adds automation, orchestration, and validation intended to reduce recovery times, downtime, and operational complexity; and Cyber Recovery, which adds cyber preparedness, threat detection, and clean recovery features to help organizations respond to ransomware and other cyber incidents. The company also provides Commvault Cleanroom Recovery, an isolated and on-demand recovery environment in the cloud; Commvault HyperScale Grid, an integrated and scale-out data protection solution; Commvault HyperScale Flex, a data protection solution designed to support enterprise-scale environments and large-volume data workloads; and Commvault Threatscan to help identify and isolate malicious or anomalous data within backup environments. In addition, it offers Commvault Cloud Air Gap Protect for isolated cloud storage; Commvault's Compliance, which includes reporting, auditing, and logging; Commvault's Cloud Rewind for data recovery with automated cloud application and infrastructure rebuild capabilities; and Commvault's Clumio Backtrack to revert cloud objects and datasets to a prior point in time. Further, the company provides professional and customer support services comprising real-time support, support engineers, customer success options, technology consulting services, recovery services, education services, and cyber resilience managed services. It operates in the United States, Canada, and Latin America, as well as in Europe, the Middle East, Africa, Australia, India, Southeast Asia, and China. Commvault Systems, Inc. was incorporated in 1996 and is headquartered in Tinton Falls, New Jersey.

How this company scores

GoodMetricSide Score: 72/100

Strongest: Cash & Earnings Quality (25/25); weakest: Balance Sheet & Red Flags (12/25).

Profitability16/25

Growth19/25

Balance Sheet & Red Flags12/25

Cash & Earnings Quality25/25

Strengths

Rising free cash flowHigh ROEInterest easily coveredCash-backed earnings

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 80.3x5y range 26.0x – 178.9x

Currently near its 16-quarter median.

P/S · 5.3x5y range 2.7x – 7.8x

Currently near its 20-quarter median.

P/B · 530.0x5y range 9.0x – 530.0x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Leverage Risk

Red Flag

D/E ratio is 70.4 — heavily leveraged and vulnerable to rising rates or cash flow dips.

Price & Volume

Market Cap $6.64B

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $1.25B
Q. Revenue: $312.39M
TTM EBITDA: $102.78M
TTM Op. Income: $92.50M
Q. Op. Income: $30.38M
TTM Net Income: $82.68M
Q. Net Income: $29.11M
EPS: $0.71
Shares Out.: $41.26M

$1.25B in TTM revenue grew 14.3% YoY, reaching $312.39M last quarter. TTM EBITDA of $102.78M and TTM operating income of $92.50M show growth is flowing through to the bottom line. TTM net income of $82.68M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 81.2%
EBITDA Margin: 10.6%
Op. Margin: 9.7%
Net Margin: 9.3%

Op. margin of 9.7% is up 5.2% YoY — cost efficiency is improving. Net margin at 9.3% and gross margin of 81.2% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 80.3x
P/S Ratio: 5.3x
P/B Ratio: 530.0x

At 80.3x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 5.3x and P/B of 530.0x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 25% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $1.88B
Cash: $897.25M
Long-Term Debt: $882.99M
Book Value: $12.53M
D/E Ratio: 70.4
Debt/EBITDA: 26.6

With $1.88B in assets and $882.99M in long-term debt, D/E is 70.4and book value is $12.53M — elevated leverage, meaning significant financial risk in a downturn. Over the past year, debt/equity is up 1587% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $74.80M
TTM Free Cash Flow: $255.73M
FCF Margin: 20.4%
FCF / Net Income: 3.1

TTM FCF of $255.73M on $74.80M in operating cash flow. The FCF / Net Income ratio of 3.1x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 22% — a weakening trend.