Cloudflare, Inc. (BVMF:N2ET34)

Cloudflare Ratios and Metrics

Market cap in millions BRL. 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	400,734	368,615	197,308	149,322	79,293	226,112
Market Cap Growth	39.24%	86.82%	32.14%	88.32%	-64.93%	81.44%
Enterprise Value	397,653	358,279	194,968	147,851	78,729	223,128
PE Ratio	-	-679.83	-468.17	-151.38	-76.63	-158.43
Forward PE	176.78	176.23	137.82	161.73	-	-
PS Ratio	33.56	32.00	22.24	21.67	15.30	64.83
PB Ratio	49.86	47.55	35.49	36.83	23.92	52.45
P/TBV Ratio	15.71	47.08	35.14	36.41	23.65	50.62
P/FCF Ratio	253.06	241.31	190.05	200.72	-745.75	-1501.69
P/OCF Ratio	120.63	115.03	97.61	110.46	120.74	658.26
EV/Sales Ratio	34.71	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	251.12	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	-0.14%	-0.15%	-0.21%	-0.66%	-1.31%	-0.63%
FCF Yield	0.40%	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.