Cloudflare Ratios and Metrics

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 27, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	310,989	380,371	228,564	135,653	78,544	235,736
Market Cap Growth	-9.54%	66.42%	68.49%	72.71%	-66.68%	94.39%
Enterprise Value	307,998	377,387	226,256	134,900	78,181	232,582
Last Close Price	48.48	62.62	37.60	23.00	12.58	-
PS Ratio	26.04	31.85	22.13	21.56	15.23	64.45
PB Ratio	38.70	47.33	35.32	36.64	23.81	52.15
P/TBV Ratio	47.42	58.00	43.83	46.95	33.51	53.79
P/FCF Ratio	196.39	240.20	189.13	199.67	-	-
P/OCF Ratio	93.62	114.50	97.14	109.89	120.21	654.46
EV/Sales Ratio	27.69	31.60	21.91	21.44	15.16	63.59
EV/FCF Ratio	194.50	238.32	187.22	198.57	-	-
Debt / Equity Ratio	2.41	2.41	1.40	1.88	2.53	1.59
Debt / EBITDA Ratio	68.23	68.23	108.88	-	-	-
Debt / FCF Ratio	12.24	12.24	7.49	10.25	-	-
Net Debt / Equity Ratio	-0.40	-0.40	-0.37	-0.31	-0.12	-0.65
Net Debt / EBITDA Ratio	51.39	51.39	10.90	3.35	0.63	6.48
Net Debt / FCF Ratio	-2.03	-2.03	-2.01	-1.70	3.64	18.66
Asset Turnover	0.46	0.46	0.55	0.49	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	4.75	6.78
Return on Equity (ROE)	-8.16%	-8.16%	-8.71%	-26.52%	-26.95%	-31.97%
Return on Assets (ROA)	-2.69%	-2.69%	-2.87%	-4.34%	-4.97%	-4.24%
Return on Capital Employed (ROCE)	-5.50%	-5.50%	-5.50%	-8.50%	-9.00%	-6.10%
Earnings Yield	-0.18%	-0.15%	-0.21%	-0.66%	-1.30%	-0.61%
FCF Yield	0.51%	0.42%	0.53%	0.50%	-0.14%	-0.07%
Buyback Yield / Dilution	-2.05%	-2.05%	-2.32%	-2.24%	-4.49%	-4.18%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.