Cloudflare Ratios and Metrics

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Nov '18 Nov 12, 2018	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	2020 - 2016
Market Capitalization	59,236	58,817	35,695	25,292	13,902	37,203	Upgrade
Market Cap Growth	14.87%	64.78%	41.13%	81.93%	-62.63%	94.88%	Upgrade
Enterprise Value	58,733	58,355	35,335	25,152	13,838	36,705	Upgrade
Last Close Price	168.00	169.82	105.00	75.80	38.86	-	Upgrade
PS Ratio	32.08	31.85	22.13	21.56	15.23	64.45	Upgrade
PB Ratio	47.67	47.33	35.32	36.64	23.81	52.15	Upgrade
P/TBV Ratio	58.41	58.00	43.83	46.95	33.51	53.79	Upgrade
P/FCF Ratio	241.92	240.20	189.13	199.67	-	-	Upgrade
P/OCF Ratio	115.32	114.50	97.14	109.89	120.21	654.46	Upgrade
EV/Sales Ratio	31.42	31.60	21.91	21.44	15.16	63.59	Upgrade
EV/FCF Ratio	239.86	238.32	187.22	198.57	-	-	Upgrade
Debt / Equity Ratio	2.41	2.41	1.40	1.88	2.53	1.59	Upgrade
Debt / EBITDA Ratio	146.69	146.69	108.88	-	-	-	Upgrade
Debt / FCF Ratio	12.24	12.24	7.49	10.25	-	-	Upgrade
Net Debt / Equity Ratio	-0.40	-0.40	-0.37	-0.31	-0.12	-0.65	Upgrade
Net Debt / EBITDA Ratio	13.73	13.73	10.90	3.35	0.63	6.48	Upgrade
Net Debt / FCF Ratio	-2.03	-2.03	-2.01	-1.70	3.64	18.66	Upgrade
Asset Turnover	0.46	0.46	0.55	0.49	0.39	0.35	Upgrade
Quick Ratio	1.92	1.92	2.76	3.41	4.54	6.67	Upgrade
Current Ratio	1.98	1.98	2.86	3.50	4.75	6.78	Upgrade
Return on Equity (ROE)	-8.16%	-8.16%	-8.71%	-26.52%	-26.95%	-31.97%	Upgrade
Return on Assets (ROA)	-2.69%	-2.69%	-2.87%	-4.34%	-4.97%	-4.24%	Upgrade
Return on Capital Employed (ROCE)	-5.50%	-5.50%	-5.50%	-8.50%	-9.00%	-6.10%	Upgrade
Earnings Yield	-0.15%	-0.15%	-0.21%	-0.66%	-1.30%	-0.61%	Upgrade
FCF Yield	0.41%	0.42%	0.53%	0.50%	-0.14%	-0.07%	Upgrade
Buyback Yield / Dilution	-2.05%	-2.05%	-2.32%	-2.24%	-4.49%	-4.18%	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.