Cloudflare Ratios and Metrics

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 11, 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	48,850	51,310	29,519	21,948	12,331	31,246
Market Cap Growth	26.46%	73.82%	34.49%	78.00%	-60.54%	82.69%
Enterprise Value	48,423	50,908	29,221	21,826	12,274	30,828
Last Close Price	137.42	147.92	85.85	65.81	37.11	98.23
PS Ratio	30.33	31.85	22.13	21.56	15.23	64.45
PB Ratio	45.06	47.33	35.32	36.64	23.81	52.15
P/TBV Ratio	55.21	58.00	43.83	46.95	33.51	53.79
P/FCF Ratio	228.69	240.20	189.13	199.67	-	-
P/OCF Ratio	109.01	114.50	97.14	109.89	120.21	654.46
EV/Sales Ratio	30.48	31.60	21.91	21.44	15.16	63.59
EV/FCF Ratio	226.69	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	-0.16%	-0.15%	-0.21%	-0.66%	-1.30%	-0.61%
FCF Yield	0.44%	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.