Cloudflare Ratios and Metrics

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Mar '26 Mar 5, 2026	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	51,308	51,310	29,519	21,948	12,331	31,246	Upgrade
Market Cap Growth	20.14%	73.82%	34.49%	78.00%	-60.54%	82.69%	Upgrade
Enterprise Value	50,873	50,908	29,221	21,826	12,274	30,828	Upgrade
Last Close Price	144.97	147.92	85.85	65.81	37.11	98.23	Upgrade
PS Ratio	31.85	31.85	22.13	21.56	15.23	64.45	Upgrade
PB Ratio	47.33	47.33	35.32	36.64	23.81	52.15	Upgrade
P/TBV Ratio	57.99	58.00	43.83	46.95	33.51	53.79	Upgrade
P/FCF Ratio	240.19	240.20	189.13	199.67	-	-	Upgrade
P/OCF Ratio	114.50	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	238.16	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	0.42%	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.