MSTR vs. SNOW: Strategy vs. Snowflake Stock Comparison
How do Strategy (MSTR) and Snowflake (SNOW) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Strategy (MSTR) and Snowflake (SNOW) both fall under the Software & Services industry group, but MSTR is classified in Software while SNOW is classified in IT Services.
Strategy (MSTR) has more than two decades of public-market history since June 11, 1998, whereas Snowflake (SNOW) listed on September 16, 2020 and has a much shorter record to draw on.
| Profile Item | MSTR | SNOW |
|---|---|---|
| Name | Strategy Inc. | Snowflake Inc. Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | Software | IT Services |
| GICS Sub-Industry | Application Software | Internet Services & Infrastructure |
| Market Capitalization | 54.57 billion USD | 97.33 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | June 11, 1998 | September 16, 2020 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | MSTR | SNOW |
|---|---|---|
| Total Return (1Y) | -48.13% | 10.92% |
| Total Return (3Y, Annualized) | 36.44% | 23.09% |
| Total Return (5Y, Annualized) | 7.87% | -5.00% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | MSTR | SNOW |
|---|---|---|
| Volatility (1Y, Annualized) | 82.34% | 67.14% |
| Beta (5Y) | 3.60 | 1.33 |
| Max Drawdown (5Y) | -84.09% | -72.99% |
| Avg. Volume (3M) | 22.35M | 4.67M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | MSTR | SNOW |
|---|---|---|
| Sharpe Ratio (1Y) | -0.64 | 0.10 |
| Sortino Ratio (1Y) | -0.97 | 0.17 |
Profitability
ROE (TTM)
Both Strategy (MSTR) at -21.59% and Snowflake (SNOW) at -48.06% report negative ROE values. Negative ROE can reflect losses or negative shareholders’ equity, so both readings need extra context.
MSTR
Software & Services industry group
-21.59%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- MSTR
- -21.59%
- Min
- -50.52%
SNOW
Software & Services industry group
-48.06%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- SNOW
- -48.06%
- Min
- -50.52%
Net Margin (TTM)
Snowflake (SNOW) reports a negative net margin of -20.07%, usually indicating a net loss over the period. Meanwhile Strategy (MSTR) reports 0.00%, ranking against industry peers normally.
MSTR
Software & Services industry group
0.00%
- Max
- 41.17%
- Q3
- 15.28%
- Median
- 4.63%
- MSTR
- 0.00%
- Q1
- -5.42%
- Min
- -33.17%
SNOW
Software & Services industry group
-20.07%
- Max
- 41.17%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- SNOW
- -20.07%
- Min
- -33.17%
Operating Margin (TTM)
Both Strategy (MSTR) at -2.07% and Snowflake (SNOW) at -17.00% report negative operating margin values, usually indicating operating losses over the period.
MSTR
Software & Services industry group
-2.07%
- Max
- 46.89%
- Q3
- 17.64%
- Median
- 8.73%
- MSTR
- -2.07%
- Q1
- -2.13%
- Min
- -30.45%
SNOW
Software & Services industry group
-17.00%
- Max
- 46.89%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- SNOW
- -17.00%
- Min
- -30.45%
Profitability Metrics
| Metric | MSTR | SNOW |
|---|---|---|
| ROE (TTM) | -21.59% | -48.06% |
| ROA (TTM) | -4.52% | -9.02% |
| Net Margin (TTM) | 0.00% | -20.07% |
| Operating Margin (TTM) | -2.07% | -17.00% |
| Gross Margin (TTM) | 67.84% | 67.03% |
Growth
Revenue Growth
Snowflake (SNOW) at 29.16% sits in the top revenue growth quartile, while Strategy (MSTR) at 2.97% is in the bottom quartile, showing a clear gap in revenue momentum.
EPS Growth
Neither Strategy (MSTR) nor Snowflake (SNOW) reports a EPS growth value for this period, so a direct comparison isn't possible.
Growth Metrics
| Metric | MSTR | SNOW |
|---|---|---|
| Revenue Growth (YoY) | 2.97% | 29.16% |
| Revenue Growth (3Y CAGR) | -1.49% | 31.38% |
| EPS Growth (YoY) | -- | -- |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Strategy (MSTR) at 4.04 carries current ratio above its industry’s typical mid-range, while Snowflake (SNOW) at 0.94 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.
MSTR
Software & Services industry group
4.04
- Max
- 5.11
- MSTR
- 4.04
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- Min
- 0.03
SNOW
Software & Services industry group
0.94
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- SNOW
- 0.94
- Min
- 0.03
Debt / Equity (MRQ)
Strategy (MSTR) at 0.10 carries an industry-typical debt-to-equity mix, while Snowflake (SNOW) at 1.29 uses more debt funding than most peers.
MSTR
Software & Services industry group
0.10
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- MSTR
- 0.10
- Q1
- 0.07
- Min
- 0.00
SNOW
Software & Services industry group
1.29
- Max
- 2.52
- SNOW
- 1.29
- Q3
- 1.13
- Median
- 0.40
- Q1
- 0.07
- Min
- 0.00
Financial Strength Metrics
| Metric | MSTR | SNOW |
|---|---|---|
| Current Ratio (MRQ) | 4.04 | 0.94 |
| Debt / Equity (MRQ) | 0.10 | 1.29 |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Neither Strategy (MSTR) nor Snowflake (SNOW) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
MSTR
Software & Services industry group
0.00%
- MSTR
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SNOW
Software & Services industry group
0.00%
- SNOW
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Strategy (MSTR) nor Snowflake (SNOW) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
MSTR
Software & Services industry group
0.00%
- MSTR
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SNOW
Software & Services industry group
0.00%
- SNOW
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | MSTR | SNOW |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Neither Strategy (MSTR) nor Snowflake (SNOW) reports a P/E ratio value for this period, so a direct comparison isn’t possible.
MSTR
Software & Services industry group
--
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
- MSTR
- --
SNOW
Software & Services industry group
--
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
- SNOW
- --
P/S Ratio (TTM)
Both look expensive on sales: Snowflake (SNOW) at 17.91 sits in the upper P/S ratio quartile, and Strategy (MSTR) at 110.23 prices even higher, above its industry range.
MSTR
Software & Services industry group
110.23
- MSTR
- 110.23
- Max
- 17.91
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
SNOW
Software & Services industry group
17.91
- SNOW
- 17.91
- Max
- 17.91
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
Strategy (MSTR) at 0.98 sits in the lower P/B ratio quartile relative to book while Snowflake (SNOW) at 45.23 prices above its industry range — a wide valuation gap against assets.
MSTR
Software & Services industry group
0.98
- Max
- 16.63
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- MSTR
- 0.98
- Min
- -3.90
SNOW
Software & Services industry group
45.23
- SNOW
- 45.23
- Max
- 16.63
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | MSTR | SNOW |
|---|---|---|
| P/E Ratio (TTM) | -- | -- |
| P/S Ratio (TTM) | 110.23 | 17.91 |
| P/B Ratio (MRQ) | 0.98 | 45.23 |
| Free Cash Flow Yield (TTM) | -5.94% | 1.79% |