Cloudflare, Inc. (NET) — Financial ratios
Profitability, liquidity, leverage, and valuation ratios for Cloudflare, Inc., with annual and quarterly history.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| P/E Ratio | -671.68x | -466.54x | -151.02x | -76.29x | -157.77x | -190.83x |
| P/B Ratio | 47.08x | 35.14x | 36.41x | 23.64x | 50.34x | 27.88x |
| P/S Ratio | 31.69x | 22.02x | 21.42x | 15.13x | 62.57x | 52.85x |
| Profitability | ||||||
| Gross Margin | 74.4% | 77.3% | 76.3% | 76.1% | 77.6% | 76.6% |
| Operating Margin | -9.4% | -9.3% | -19.3% | -25.5% | -22.6% | -25.6% |
| Net Margin | -4.7% | -4.7% | -14.2% | -19.8% | -39.7% | -27.7% |
| EBITDA Margin | 9.6% | 3.7% | -3.3% | -9.4% | -19.1% | -10.1% |
| Liquidity | ||||||
| Current Ratio | 1.98x | 2.86x | 3.50x | 4.74x | 6.77x | 7.99x |
| Quick Ratio | 1.98x | 2.86x | 3.50x | 4.74x | 6.77x | 7.99x |
| Leverage | ||||||
| Debt/Equity | 2.54x | 1.40x | 1.88x | 2.53x | 1.59x | 0.52x |
YoY = year-over-year change. Source: FMP..