Pure Storage, Inc.

Pure Storage, Inc.verified

PSTG

Price:

$51.66

Market Cap:

$16.93B

Pure Storage, Inc. provides data storage technologies, products, and services in the United States and internationally. The company's Purity software is shared across its products and provides enterprise-class data services, such as data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. Its products portfolio includes FlashArray for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; FlashArray//XL; and FlashArray//C, an all-QLC flash array. The company also provides FlashBlade, a solution for unstructured data workloads of various types; FlashStack that combines compute, net...[Read more]

Industry

Computer Hardware

IPO Date

2015-10-06

Stock Exchange

NYSE

Ticker

PSTG

The Current Ratio as of November 2024 (TTM) for Pure Storage, Inc. (PSTG) is 1.92

According to Pure Storage, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.92. This represents a change of 3.49% compared to the average of 1.86 of the last 4 quarters.

Pure Storage, Inc. (PSTG) Historical Current Ratio (quarterly & annually)

How has PSTG Current Ratio performed in the past?

The mean historical Current Ratio of Pure Storage, Inc. over the last ten years is 2.80. The current 1.92 Current Ratio has changed 6.77% with respect to the historical average. Over the past ten years (40 quarters), PSTG's Current Ratio was at its highest in in the October 2015 quarter at 5.17. The Current Ratio was at its lowest in in the October 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

2.80

Median

2.68

Minimum

1.41

Maximum

4.27

Pure Storage, Inc. (PSTG) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Pure Storage, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 34.55%

Maximum Annual Current Ratio = 4.27

Minimum Annual Increase = -38.58%

Minimum Annual Current Ratio = 1.41

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.8329.37%
20231.41-38.58%
20222.30-8.24%
20212.51-18.42%
20203.08-7.88%
20193.3434.55%
20182.48-13.14%
20172.86-33.12%
20164.279.59%
20153.90-30.69%

Pure Storage, Inc. (PSTG) Average Current Ratio

How has PSTG Current Ratio performed in the past?

The current Current Ratio of Pure Storage, Inc. (PSTG) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.85

5-year avg

2.23

10-year avg

2.80

Pure Storage, Inc. (PSTG) Current Ratio vs. Peers

How is PSTG’s Current Ratio compared to its peers?

Pure Storage, Inc.’s Current Ratio is greater than Seagate Technology Holdings plc (1.14), greater than HP Inc. (0.71), greater than Dell Technologies Inc. (0.72), greater than Western Digital Corporation (1.47), less than Super Micro Computer, Inc. (3.77), less than IonQ, Inc. (12.23), less than Desktop Metal, Inc. (2.34), greater than NetApp, Inc. (0.91), less than Arista Networks, Inc. (4.47), less than Stratasys Ltd. (3.07), less than Nano Dimension Ltd. (28.65), greater than Velo3D, Inc. (1.69), less than 3D Systems Corporation (3.46), less than Markforged Holding Corporation (2.39),

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