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Cloudflare, Inc. (NET)
NYSE: NET · Real-Time Price · USD
349.02
-9.80 (-2.73%)
At close: Sep 25, 2026, 4:00 PM EDT
349.20
+0.18 (0.05%)
After-hours: Sep 25, 2026, 7:59 PM EDT

Cloudflare Ratios and Metrics

Millions USD. Fiscal year is Jan - Dec.

Total Valuation

Fiscal Quarter
CurrentQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Market Capitalization
124,27987,06072,62869,05874,78167,87738,88636,95527,64028,14532,69627,95621,06921,69720,36814,85718,11214,27338,79242,31035,195
Market Cap Growth (YoY)
63.92%28.26%86.77%86.87%170.55%141.17%18.93%32.19%31.19%29.72%60.53%88.17%16.33%52.02%-47.49%-64.89%-48.54%-56.59%78.78%81.18%180.37%
Enterprise Value
123,64586,42072,04568,51674,28367,43838,49436,58227,32227,86632,45727,80120,94421,56220,29514,78818,03714,12238,26341,74434,610
Last Close Price
349.02245.28206.34197.15214.59195.83112.69107.6880.8982.8396.8383.2663.0465.3761.6645.2155.3143.75119.70131.50112.65

Price Ratios

Fiscal Quarter
CurrentQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Forward PE
236.16189.46183.98176.23214.50229.82141.18137.82108.17131.64166.15161.73157.64187.90293.07286.04-----
PS Ratio
49.4734.6531.1931.8537.1436.0821.9722.1317.5819.0523.6021.5617.4319.2519.3415.2320.2617.5653.1064.4559.78
PB Ratio
76.6853.7447.5747.3355.5254.7527.2735.3228.4131.9341.0136.6430.1333.8131.2123.8130.4924.5975.2552.1541.25
P/TBV Ratio
104.7573.3857.8858.0065.1765.4931.8543.8334.7039.9951.5046.9539.5046.0642.7133.5144.4536.6880.2953.7942.14
P/FCF Ratio
363.47254.62231.14245.75337.55350.64195.53204.74141.12154.52201.01199.67170.79260.33346.33-742.45-396.27-173.58--1493.03-
P/OCF Ratio
196.20137.44117.97114.50138.48142.1285.9197.1481.6493.22112.14109.8985.2797.88104.20120.21210.39391.22-654.46-
PEG Ratio
4.754.394.986.578.949.353.742.641.931.972.823.583.495.089.797.5725.7035.0695.20--

EV Ratios

Fiscal Quarter
CurrentQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
EV/Sales Ratio
49.2234.4030.9431.6036.9035.8421.7521.9117.3818.8623.4321.4417.3219.1319.2715.1620.1717.3852.3863.5958.79
EV/EBITDA Ratio
--1066916.47--1918.31-1656.40----------------
EV/FCF Ratio
361.62252.75229.28243.82335.30348.37193.56202.67139.49152.98199.54198.57169.77258.71345.09-739.02-394.64-171.74--1473.06-

Financial Efficiency

Fiscal Quarter
CurrentQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Debt / Equity Ratio
2.182.182.312.412.602.791.031.401.491.631.801.882.032.272.422.532.642.703.061.591.46
Debt / EBITDA Ratio
47.2835.06110.3341.9640.87--48.1450.971130.97--432.66--------
Debt / FCF Ratio
10.3210.3211.2212.5215.8117.887.428.117.417.908.8310.2511.5017.5126.88-78.81-34.30-19.06--45.63-
Net Debt / Equity Ratio
-0.39-0.39-0.42-0.40-0.40-0.40-0.31-0.37-0.38-0.36-0.35-0.31-0.22-0.20-0.21-0.12-0.12-0.13-0.29-0.65-0.66
Net Debt / EBITDA Ratio
175.477820.3521.6316.3212.089.1611.1010.908.616.634.313.351.901.321.210.650.580.681.826.489.02
Net Debt / FCF Ratio
-1.85-1.85-2.03-2.07-2.44-2.57-2.21-2.18-1.90-1.75-1.72-1.70-1.26-1.51-2.293.641.500.901.6818.669.46
Asset Turnover
0.440.420.420.400.440.550.580.570.560.550.540.520.480.440.430.410.390.360.330.37
Quick Ratio
1.761.761.901.921.995.002.702.763.263.393.383.413.823.744.284.545.225.326.716.678.39
Current Ratio
1.821.821.961.982.045.143.202.863.373.513.513.503.893.844.404.755.355.456.856.788.51
Return on Equity (ROE)
-43.21%-6.14%-3.44%-0.40%-15.14%-12.44%-5.09%-6.61%-7.18%-18.22%-15.24%-14.04%-58.38%-23.86%-30.16%-28.98%-46.38%-24.95%-37.25%-51.91%
Return on Assets (ROA)
-2.09%-2.54%-1.70%-1.65%-3.42%-3.79%-2.67%-2.57%-3.03%-3.56%-4.00%-3.83%-5.40%-4.50%-4.60%-4.63%-6.69%-3.96%-4.34%-3.52%
Return on Invested Capital (ROIC)
-5.65%-7.03%-4.78%3.38%-7.34%-6.49%-5.43%-5.30%-6.42%-7.59%-8.02%-7.40%-10.86%-8.84%-8.69%-8.91%-14.82%-11.55%-14.28%-10.53%
Return on Capital Employed (ROCE)
-5.10%-5.00%-5.40%-5.30%-5.30%-3.90%-5.30%-5.50%-6.10%-6.70%-8.00%-8.50%-9.00%-9.50%-9.20%-8.90%-8.80%-7.90%-6.40%-6.10%-5.00%

Yields

Fiscal Quarter
CurrentQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Earnings Yield
-0.17%-0.24%-0.12%-0.15%-0.14%-0.17%-0.21%-0.21%-0.34%-0.36%-0.56%-0.66%-0.96%-1.02%-0.93%-1.30%-1.24%-2.03%-0.68%-0.61%-0.62%
FCF Yield
0.28%0.39%0.43%0.41%0.30%0.29%0.51%0.49%0.71%0.65%0.50%0.50%0.59%0.38%0.29%-0.14%-0.25%-0.58%-0.23%-0.07%-0.17%
Buyback Yield / Dilution
-2.02%-1.97%-2.00%-2.06%-2.03%-2.01%-2.11%-2.21%-2.30%-2.51%-2.48%-2.51%-2.47%-2.18%-2.18%-2.50%-3.83%-5.49%-5.68%-5.44%-4.26%
SEC Filings: 10-K · 10-Q