NBIS vs. SNOW: Nebius vs. Snowflake Stock Comparison
How do Nebius (NBIS) 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
Nebius (NBIS) and Snowflake (SNOW) both fall under the Software & Services industry group, but NBIS is classified in Software while SNOW is classified in IT Services.
| Profile Item | NBIS | SNOW |
|---|---|---|
| Name | Nebius Group N.V. Class A Ordinary Shares | Snowflake Inc. Common Stock |
| Country/Region | Netherlands | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | Software | IT Services |
| GICS Sub-Industry | Systems Software | Internet Services & Infrastructure |
| Market Capitalization | 35.20 billion USD | 97.33 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | October 21, 2024 | September 16, 2020 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | NBIS | SNOW |
|---|---|---|
| Total Return (1Y) | 25.86% | 10.92% |
| Total Return (3Y, Annualized) | -- | 23.09% |
| Total Return (5Y, Annualized) | -- | -5.00% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | NBIS | SNOW |
|---|---|---|
| Volatility (1Y, Annualized) | 111.62% | 67.14% |
| Beta (5Y) | 4.66 | 1.33 |
| Max Drawdown (5Y) | -58.27% | -72.99% |
| Avg. Volume (3M) | 20.58M | 4.67M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | NBIS | SNOW |
|---|---|---|
| Sharpe Ratio (1Y) | 0.19 | 0.10 |
| Sortino Ratio (1Y) | 0.31 | 0.17 |
Profitability
ROE (TTM)
Snowflake (SNOW) reports a negative ROE of -48.06%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Nebius (NBIS) reports 0.60%, ranking against industry peers normally.
NBIS
Software & Services industry group
0.60%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- NBIS
- 0.60%
- Q1
- -9.59%
- 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 Nebius (NBIS) reports 3.13%, ranking against industry peers normally.
NBIS
Software & Services industry group
3.13%
- Max
- 41.17%
- Q3
- 15.28%
- Median
- 4.63%
- NBIS
- 3.13%
- 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 Nebius (NBIS) at -0.22% and Snowflake (SNOW) at -17.00% report negative operating margin values, usually indicating operating losses over the period.
NBIS
Software & Services industry group
-0.22%
- Max
- 46.89%
- Q3
- 17.64%
- Median
- 8.73%
- NBIS
- -0.22%
- 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 | NBIS | SNOW |
|---|---|---|
| ROE (TTM) | 0.60% | -48.06% |
| ROA (TTM) | -1.92% | -9.02% |
| Net Margin (TTM) | 3.13% | -20.07% |
| Operating Margin (TTM) | -0.22% | -17.00% |
| Gross Margin (TTM) | 74.26% | 67.03% |
Growth
Revenue Growth
Both companies are growing quickly, but Nebius (NBIS) at 479.02% is the standout with revenue growth above its industry range; Snowflake (SNOW) at 29.16% also sits in the top quartile.
EPS Growth
Neither Nebius (NBIS) nor Snowflake (SNOW) reports a EPS growth value for this period, so a direct comparison isn't possible.
Growth Metrics
| Metric | NBIS | SNOW |
|---|---|---|
| Revenue Growth (YoY) | 479.02% | 29.16% |
| Revenue Growth (3Y CAGR) | 239.83% | 31.38% |
| EPS Growth (YoY) | -- | -- |
| EPS Growth (3Y CAGR) | -28.68% | -- |
Financial Strength
Current Ratio (MRQ)
Nebius (NBIS) at 4.03 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.
NBIS
Software & Services industry group
4.03
- Max
- 5.11
- NBIS
- 4.03
- 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)
Nebius (NBIS) at 0.99 carries an industry-typical debt-to-equity mix, while Snowflake (SNOW) at 1.29 uses more debt funding than most peers.
NBIS
Software & Services industry group
0.99
- Max
- 2.52
- Q3
- 1.13
- NBIS
- 0.99
- Median
- 0.40
- 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 | NBIS | SNOW |
|---|---|---|
| Current Ratio (MRQ) | 4.03 | 0.94 |
| Debt / Equity (MRQ) | 0.99 | 1.29 |
| Net Debt / EBITDA | 8.35 | -- |
Dividends
Dividend Yield (TTM)
Neither Nebius (NBIS) nor Snowflake (SNOW) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
NBIS
Software & Services industry group
0.00%
- NBIS
- 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 Nebius (NBIS) nor Snowflake (SNOW) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
NBIS
Software & Services industry group
0.00%
- NBIS
- 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 | NBIS | SNOW |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Nebius (NBIS) trades at 101.16 times trailing earnings, ranked against its peers, while Snowflake (SNOW) has no P/E ratio this period.
NBIS
Software & Services industry group
101.16
- Max
- 112.94
- NBIS
- 101.16
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
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 Nebius (NBIS) at 25.98 prices even higher, above its industry range.
NBIS
Software & Services industry group
25.98
- NBIS
- 25.98
- 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)
Nebius (NBIS) at 3.43 sits near its industry’s typical P/B ratio, while Snowflake (SNOW) at 45.23 prices above its benchmark range — SNOW looks rich relative to book.
NBIS
Software & Services industry group
3.43
- Max
- 16.63
- Q3
- 8.50
- Median
- 4.30
- NBIS
- 3.43
- Q1
- 1.92
- 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 | NBIS | SNOW |
|---|---|---|
| P/E Ratio (TTM) | 101.16 | -- |
| P/S Ratio (TTM) | 25.98 | 17.91 |
| P/B Ratio (MRQ) | 3.43 | 45.23 |
| Free Cash Flow Yield (TTM) | -27.31% | 1.79% |