Cloudflare, Inc. (NET)
NYSE: NET · Real-Time Price · USD
212.90
-0.10 (-0.05%)
Mar 12, 2026, 3:38 PM EDT - Market open
Cloudflare Ratios and Metrics
Market cap in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Current | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 12, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 |
| 74,937 | 69,375 | 75,150 | 68,230 | 39,050 | 37,134 | 27,749 | 28,290 | 32,896 | 28,103 | 21,160 | 21,810 | 20,457 | 14,923 | 18,160 | 14,324 | 38,967 | 42,555 | 36,230 | 33,061 | |
Market Cap Growth | 91.90% | 86.82% | 170.82% | 141.19% | 18.71% | 32.14% | 31.14% | 29.71% | 60.81% | 88.32% | 16.52% | 52.27% | -47.50% | -64.93% | -49.87% | -56.67% | 78.61% | 81.44% | 187.39% | 201.10% |
Enterprise Value | 74,628 | 67,429 | 73,252 | 67,676 | 38,558 | 36,694 | 27,333 | 27,930 | 32,578 | 27,826 | 20,970 | 21,614 | 20,287 | 14,817 | 18,063 | 14,221 | 38,789 | 41,993 | 35,640 | 32,456 |
Last Close Price | 212.90 | 197.15 | 214.59 | 195.83 | 112.69 | 107.68 | 80.89 | 82.83 | 96.83 | 83.26 | 63.04 | 65.37 | 61.66 | 45.21 | 55.31 | 43.75 | 119.70 | 131.50 | 112.65 | 105.84 |
PE Ratio | - | -679.83 | -715.30 | -575.97 | -489.96 | -468.17 | -311.12 | -285.62 | -182.70 | -151.38 | -103.34 | -97.57 | -104.51 | -76.63 | -79.01 | -48.08 | -144.22 | -158.43 | -160.93 | -235.20 |
Forward PE | 188.96 | 176.23 | 214.50 | 229.82 | 141.18 | 137.82 | 108.17 | 131.64 | 166.15 | 161.73 | 157.64 | 187.90 | - | - | - | - | - | - | - | - |
PEG Ratio | 5.13 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
PS Ratio | 34.69 | 32.00 | 37.33 | 36.27 | 22.06 | 22.24 | 17.65 | 19.14 | 23.75 | 21.67 | 17.50 | 19.35 | 19.42 | 15.30 | 20.31 | 17.63 | 53.34 | 64.83 | 61.54 | 62.31 |
PB Ratio | 51.37 | 47.55 | 55.79 | 55.04 | 27.39 | 35.49 | 28.52 | 32.09 | 41.26 | 36.83 | 30.26 | 33.98 | 31.35 | 23.92 | 30.57 | 24.68 | 75.59 | 52.45 | 42.47 | 41.27 |
P/TBV Ratio | 50.84 | 47.44 | 55.65 | 54.89 | 27.32 | 35.41 | 28.46 | 32.01 | 41.12 | 36.73 | 30.17 | 33.84 | 31.22 | 24.72 | 30.41 | 24.51 | 75.08 | 51.92 | 41.53 | 40.73 |
P/FCF Ratio | 261.61 | 241.31 | 317.85 | 324.19 | 182.68 | 190.05 | 140.24 | 157.04 | 202.24 | 200.72 | 174.36 | 261.68 | 347.85 | -745.75 | -397.33 | -174.19 | -435.33 | -1501.69 | -605.37 | -881.60 |
P/OCF Ratio | 124.70 | 115.03 | 139.16 | 142.26 | 86.27 | 97.61 | 81.48 | 94.32 | 112.82 | 110.46 | 86.34 | 98.39 | 104.65 | 120.74 | 210.95 | 392.61 | 6851.96 | 658.26 | 2380.72 | 1371.30 |
EV/Sales Ratio | 34.42 | 31.10 | 36.38 | 35.97 | 21.78 | 21.98 | 17.39 | 18.90 | 23.52 | 21.46 | 17.35 | 19.17 | 19.26 | 15.19 | 20.20 | 17.50 | 53.10 | 63.97 | 60.53 | 61.17 |
EV/EBITDA Ratio | - | 739.11 | 902.72 | 1092.99 | 527.00 | 670.30 | 673.89 | 859.52 | 2863.20 | 1714.69 | -998577.21 | -1124.90 | -502.08 | -301.81 | -443.04 | -580.57 | 6265.42 | 2923.52 | 2157.27 | 3042.61 |
EV/EBIT Ratio | - | -325.42 | -380.16 | -363.80 | -251.26 | -237.10 | -167.82 | -163.06 | -169.00 | -150.02 | -108.46 | -108.02 | -97.32 | -73.64 | -94.29 | -82.62 | -284.27 | -328.89 | -320.04 | -305.84 |
EV/FCF Ratio | 259.58 | 234.54 | 309.83 | 321.56 | 180.38 | 187.80 | 138.14 | 155.04 | 200.28 | 198.74 | 172.79 | 259.33 | 344.96 | -740.44 | -395.21 | -172.95 | -433.34 | -1481.88 | -595.52 | -865.46 |
Debt / Equity Ratio | 1.48 | 1.48 | 1.59 | 2.75 | 1.00 | 1.35 | 1.45 | 1.59 | 1.75 | 1.83 | 1.98 | 2.16 | 2.37 | 2.47 | 2.59 | 2.65 | 3.00 | 1.54 | 1.44 | 0.53 |
Debt / EBITDA Ratio | 38.57 | 104.36 | 85.72 | 967.07 | 112.82 | 61.92 | 67.09 | 97.03 | -268.98 | 151.89 | 104.66 | -231.97 | -3219.87 | -231.92 | -278.28 | -57.04 | -171.57 | 849.12 | 117.25 | 139.99 |
Debt / FCF Ratio | 12.24 | 33.44 | 42.45 | 86.79 | 24.64 | 27.02 | 25.67 | 33.31 | 34.60 | 25.35 | 36.57 | 56.77 | 83.77 | 41.53 | 1979.26 | 1343.20 | -26.27 | 105.28 | -34.92 | -73.30 |
Net Debt / Equity Ratio | -0.40 | -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 | -0.73 |
Net Debt / EBITDA Ratio | -6.39 | -17.29 | -13.26 | -139.00 | -33.56 | -16.62 | -17.25 | -21.50 | 52.34 | -25.24 | -11.44 | 19.96 | 274.21 | 10.71 | 12.19 | 2.71 | 16.41 | -347.10 | -53.18 | -182.69 |
Net Debt / FCF Ratio | -2.03 | -5.54 | -6.57 | -12.47 | -7.33 | -7.25 | -6.60 | -7.38 | -6.73 | -4.21 | -4.00 | -4.88 | -7.13 | -1.92 | -86.73 | -63.70 | 2.51 | -43.04 | 15.84 | 95.66 |
Asset Turnover | 0.13 | 0.13 | 0.13 | 0.12 | 0.15 | 0.15 | 0.15 | 0.15 | 0.14 | 0.14 | 0.13 | 0.12 | 0.12 | 0.11 | 0.11 | 0.12 | 0.11 | 0.10 | 0.09 | 0.11 |
Quick Ratio | 1.92 | 1.92 | 1.99 | 5.00 | 2.70 | 2.76 | 3.26 | 3.39 | 3.38 | 3.41 | 3.74 | 3.74 | 4.28 | 4.54 | 5.22 | 5.32 | 6.71 | 6.67 | 8.39 | 5.56 |
Current Ratio | 1.98 | 1.98 | 2.04 | 5.14 | 3.20 | 2.86 | 3.37 | 3.51 | 3.51 | 3.50 | 3.89 | 3.84 | 4.40 | 4.74 | 5.35 | 5.45 | 6.85 | 6.78 | 8.51 | 5.72 |
Return on Equity (ROE) | -0.96% | -0.96% | -0.11% | -4.76% | -3.46% | -1.42% | -1.83% | -1.98% | -4.90% | -4.02% | -3.64% | -15.46% | -6.52% | -6.38% | -5.88% | -9.20% | -6.27% | -9.49% | -12.78% | -4.34% |
Return on Assets (ROA) | -1.21% | -1.21% | 0.59% | -1.69% | -1.71% | -1.36% | -1.30% | -1.38% | -2.13% | -1.73% | -1.63% | -2.28% | -1.95% | -2.09% | -1.98% | -3.29% | -2.15% | -2.98% | -1.40% | -1.83% |
Return on Invested Capital (ROIC) | -4.03% | -4.03% | 2.09% | -6.18% | -4.54% | -3.95% | -3.88% | -4.20% | -6.90% | -5.45% | -5.23% | -7.63% | -7.55% | -8.56% | -8.53% | -12.88% | -9.98% | -15.78% | -7.80% | -9.13% |
Return on Capital Employed (ROCE) | -1.59% | -1.59% | -1.25% | -1.91% | -2.08% | -1.48% | -1.36% | -1.58% | -2.45% | -1.95% | -1.84% | -2.68% | -2.20% | -2.37% | -2.17% | -3.82% | -2.41% | -2.47% | -1.59% | -2.32% |
Earnings Yield | -0.14% | -0.15% | -0.14% | -0.17% | -0.20% | -0.21% | -0.32% | -0.35% | -0.55% | -0.66% | -0.97% | -1.02% | -0.96% | -1.31% | -1.27% | -2.08% | -0.69% | -0.63% | -0.62% | -0.43% |
FCF Yield | 0.38% | 0.41% | 0.31% | 0.31% | 0.55% | 0.53% | 0.71% | 0.64% | 0.49% | 0.50% | 0.57% | 0.38% | 0.29% | -0.13% | -0.25% | -0.57% | -0.23% | -0.07% | -0.17% | -0.11% |
Buyback Yield / Dilution | -0.01% | -0.01% | -0.03% | -0.03% | -0.05% | -0.04% | -0.06% | -0.07% | -0.07% | -0.09% | -0.11% | -0.08% | -0.09% | -0.15% | -0.14% | -0.20% | -0.07% | -0.08% | -0.08% | -0.07% |
Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.