Nutanix, Inc. (NTNX) intrinsic value & 10-year financials
Nutanix, Inc. (NTNX) has a Graham intrinsic value of $21.59 per share. At $66.94 on Oct 17, 2026, the stock trades 210% above that value. Over the last 10 fiscal years revenue grew 19.7% a year to $2.5B, with an average return on invested capital of 22.0%.
- Graham intrinsic value
- $21.59
- Share price (Oct 17, 2026)
- $66.94
- Price vs Graham value
- 210% above
- Market cap
- $19.7M
- Revenue (FY2025)
- $2.5B
- Revenue growth (10-yr CAGR)
- 19.7%
- ROIC (10-yr avg)
- 22.0%
- Free cash flow (FY2025)
- $750.2M
NTNX 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $2.5B | $188.4M | $0.65 | $750.2M | 6.8% | -11.7% |
| FY2024 | $2.1B | -$124.8M | -$0.51 | $597.7M | 0.4% | -0.6% |
| FY2023 | $1.9B | -$254.6M | -$1.09 | $207.0M | -11.1% | 18.5% |
| FY2022 | $1.6B | -$797.5M | -$3.62 | $18.5M | -28.9% | 39.8% |
| FY2021 | $1.4B | -$1.0B | -$5.01 | -$158.5M | -47.4% | 78.6% |
| FY2020 | $1.3B | -$872.9M | -$4.48 | -$249.4M | -63.4% | 173.8% |
| FY2019 | $1.2B | -$621.2M | — | -$76.3M | -48.4% | -232.8% |
| FY2018 | $1.2B | -$297.2M | — | $30.2M | -24.3% | -149.6% |
| FY2017 | $845.9M | -$458.0M | — | -$36.4M | -50.5% | 260.2% |
| FY2016 | $503.4M | -$168.5M | — | -$38.7M | -32.8% | 43.9% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Nutanix, Inc. is a consistent compounder, expanding top-line revenue at 19.7% annually over the past decade.
Nutanix, Inc. has historically struggled to out-earn its cost of capital, averaging just 2.1% ROIC.
Nutanix, Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Nutanix, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $21.59 per share.