Cloudflare Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 5, 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 Cap	88,405	69,375	37,134	28,103	14,923	42,555
Market Cap Growth	62.95%	86.82%	32.14%	88.32%	-64.93%	81.44%
Enterprise Value	87,766	67,429	36,694	27,826	14,817	41,994
Last Close Price	250.11	197.15	107.68	83.26	45.21	131.50
Forward PE	194.34	176.23	137.82	161.73	-	-
PS Ratio	37.96	32.00	22.24	21.67	15.30	64.83
PB Ratio	57.89	47.55	35.49	36.83	23.92	52.45
P/TBV Ratio	57.36	47.08	35.14	36.41	23.65	50.62
P/FCF Ratio	285.23	241.31	190.05	200.72	-	-
P/OCF Ratio	143.59	115.03	97.61	110.47	120.74	658.26
EV/Sales Ratio	37.69	31.10	21.98	21.46	15.19	63.97
EV/EBITDA Ratio	-	739.12	670.30	1714.69	-	2923.52
EV/FCF Ratio	283.17	234.54	187.80	198.74	-	-
Debt / Equity Ratio	1.41	1.48	1.35	1.83	2.47	1.54
Debt / EBITDA Ratio	32.83	38.57	26.73	88.44	-	90.03
Debt / FCF Ratio	10.99	12.24	7.49	10.25	-	-
Net Debt / Equity Ratio	-0.42	-0.40	-0.37	-0.31	-0.12	-0.65
Net Debt / EBITDA Ratio	-5.95	-6.39	-7.17	-14.70	1.48	-36.80
Net Debt / FCF Ratio	-1.99	-2.03	-2.01	-1.70	3.64	18.66
Asset Turnover	0.38	0.46	0.55	0.48	0.39	0.35
Quick Ratio	1.89	1.92	2.76	3.41	4.54	6.67
Current Ratio	1.96	1.98	2.86	3.50	4.74	6.78
Return on Equity (ROE)	-5.81%	-8.16%	-8.71%	-26.52%	-26.86%	-31.89%
Return on Assets (ROA)	-3.97%	-4.90%	-5.68%	-7.17%	-8.23%	-7.14%
Return on Invested Capital (ROIC)	-6.91%	-9.15%	-12.65%	-18.14%	-26.72%	-29.57%
Return on Capital Employed (ROCE)	-5.81%	-6.69%	-6.59%	-8.46%	-9.42%	-7.69%
FCF Yield	0.35%	0.41%	0.53%	0.50%	-	-
Buyback Yield / Dilution	-2.02%	-2.05%	-2.32%	-2.24%	-4.49%	-4.19%
Total Shareholder Return	-2.02%	-2.05%	-2.32%	-2.24%	-4.49%	-4.19%

SEC Filings: 10-K · 10-Q