Cloudflare, Inc. (BST:8CF)

Cloudflare Ratios and Metrics

Market cap in millions EUR. Fiscal year is January - December.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 19, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Cap	67,560	59,971	32,101	24,294	12,900	36,787
Market Cap Growth	46.75%	86.82%	32.14%	88.32%	-64.93%	81.44%
Enterprise Value	67,054	58,290	31,720	24,054	12,809	36,302
PE Ratio	-	-679.83	-468.17	-151.38	-76.63	-158.43
Forward PE	181.66	176.23	137.82	161.73	-	-
PS Ratio	36.59	32.00	22.24	21.67	15.30	64.83
PB Ratio	54.36	47.55	35.49	36.83	23.92	52.45
P/TBV Ratio	45.86	47.08	35.14	36.41	23.65	50.62
P/FCF Ratio	275.91	241.31	190.05	200.72	-745.75	-1501.69
P/OCF Ratio	131.52	115.03	97.61	110.46	120.74	658.26
EV/Sales Ratio	35.67	31.10	21.98	21.46	15.19	63.97
EV/EBITDA Ratio	-	739.11	670.30	1714.69	-301.81	2923.52
EV/EBIT Ratio	-	-325.42	-237.10	-150.02	-73.64	-328.89
EV/FCF Ratio	273.85	234.54	187.80	198.74	-740.44	-1481.88
Debt / Equity Ratio	1.48	1.48	1.35	1.83	2.47	1.54
Debt / EBITDA Ratio	38.57	38.57	26.73	88.44	-32.12	90.03
Debt / FCF Ratio	12.24	12.24	7.49	10.25	-78.81	-45.63
Net Debt / Equity Ratio	-0.40	-0.40	-0.37	-0.31	-0.12	-0.65
Net Debt / EBITDA Ratio	-6.39	-6.39	-7.17	-14.70	1.48	-36.80
Net Debt / FCF Ratio	-2.03	-2.03	-2.01	-1.70	3.64	18.66
Asset Turnover	0.46	0.46	0.55	0.48	0.39	0.35
Quick Ratio	1.92	1.92	2.76	3.41	4.54	6.67
Current Ratio	1.98	1.98	2.86	3.50	4.74	6.78
Return on Equity (ROE)	-8.16%	-8.16%	-8.71%	-26.52%	-26.86%	-31.89%
Return on Assets (ROA)	-4.90%	-4.90%	-5.68%	-7.17%	-8.23%	-7.14%
Return on Invested Capital (ROIC)	-16.28%	-16.28%	-16.53%	-22.61%	-33.66%	-37.83%
Return on Capital Employed (ROCE)	-6.69%	-6.69%	-6.59%	-8.46%	-9.42%	-7.69%
Earnings Yield	-0.13%	-0.15%	-0.21%	-0.66%	-1.31%	-0.63%
FCF Yield	0.36%	0.41%	0.53%	0.50%	-0.13%	-0.07%
Buyback Yield / Dilution	-0.01%	-0.01%	-0.04%	-0.09%	-0.15%	-0.08%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.