Cloudflare, Inc. NET
Cloudflare, Inc. statistics & valuation
Market cap$84.2B
P / S38.9×
P / B57.7×
P / FCF293.0×
Net margin-4.7%
Return on equity-7.0%
FCF margin13.3%
Return on capital-5.6%
Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.
Profitability & efficiency
Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).
Key ratios (by fiscal year)
| Ratio | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 74.5% | 77.3% | 76.3% | 76.1% | 77.6% | 76.6% | 77.9% | 77.4% |
| Operating margin | -9.6% | -9.3% | -14.3% | -20.6% | -19.5% | -24.8% | -37.6% | -44.1% |
| Net margin | -4.7% | -4.7% | -14.2% | -19.8% | -39.7% | -27.7% | -36.9% | -45.2% |
| FCF margin | 13.3% | 11.7% | 10.8% | -2.1% | -4.3% | -17.1% | -28.6% | -35.7% |
| Return on assets | -1.7% | -2.4% | -6.7% | -7.5% | -11.0% | -8.6% | -12.7% | -29.2% |
| Return on equity | -7.0% | -7.5% | -24.1% | -31.0% | -32.1% | -14.6% | -14.6% | 76.8% |
| Current ratio | 1.98 | 2.86 | 3.50 | 4.74 | 6.78 | 7.99 | 8.22 | 3.21 |
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.