Cloudflare, Inc. Financial Ratios — N2ET34 Stock

Profitability (USD)

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	- -	- -	-15.47	-31.89	-26.86	-26.52	-8.71	-8.16
Return on Assets (%)	- -	- -	-37.77	-18.74	-10.8	-13.87	-7.8	-6.88	-2.6	-2.19
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	71.74	78.66	77.4	77.9	76.56	77.59	76.15	76.32	77.32	74.51
EBITDA Margin (%)	-10.23	1.81	-34.25	-27.34	-13.31	-9.3	-10.14	-3.83	-1.62	-0.81
Operating Margin (%)	-20.08	-7.21	-44.06	-37.61	-24.77	-19.45	-20.63	-14.3	-9.27	-9.56
Incremental Operating Margin (%)	- -	14.56	- -	- -	0.82	- -	- -	4.89	8.24	- -
Pretax Margin (%)	-20.36	-7.2	-44.68	-36.48	-28.99	-37.78	-19.56	-13.72	-4.24	-4.28
Profit Margin (%)	-20.44	-7.97	-45.24	-36.87	-27.69	-39.66	-19.83	-14.19	-4.72	-4.72
Net Income to Common Margin (%)	-20.44	-7.97	-45.24	-36.87	-27.69	-39.66	-19.83	-14.19	-4.72	-4.72
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	- -	-15.47	-31.89	-26.86	-26.52	-8.71	-8.16

Credit (USD)

Credit Ratios API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	- -	11	11	11	428	1,293	1,577	1,435	1,463	3,518
ST Debt	- -	- -	- -	- -	18	37	33	38	48	1,362
LT Debt	- -	11	10	11	411	1,256	1,544	1,397	1,416	2,156
Total Debt/EBITDA	- -	4.47	-0.16	-0.13	-7.46	-21.17	-15.95	-28.9	-54.11	-201.47
Net Debt/EBITDA	- -	-9.75	0.38	1.77	-4.78	-13.84	-12.46	-24.09	-42.15	-132.96
Total Debt/EBIT	- -	-1.12	-0.13	-0.1	-4.01	-10.13	-7.84	-7.74	-9.45	-16.98
Net Debt/EBIT	- -	2.45	0.29	1.29	-2.57	-6.62	-6.12	-6.45	-7.36	-11.21
EBITDA to Interest Expense	-13.26	2.84	-66.53	-70.56	-2.3	-1.24	-19.84	-8.46	-5.2	-1.99
EBITDA-CapEx/Interest Expense	-41.64	-23.82	-101.65	-122.07	-4.56	-3.13	-48.65	-27.94	-40.82	-38
EBIT to Interest Expense	-26.04	-11.29	-85.58	-97.07	-4.28	-2.59	-40.37	-31.59	-29.78	-23.64
Interest Expense	1	1	1	1	25	49	5	6	5	9
Common Equity/Total Assets	- -	-36.68	-38.04	87.36	59.17	34.39	24.11	27.65	31.69	24.17
Long-Term Debt/Equity (%)	- -	- -	- -	1.45	50.26	153.95	247.42	183.06	135.31	147.77
Long-Term Debt/Capital (%)	- -	-21.61	-10.16	1.43	32.97	59.55	70.14	63.54	56.41	43.32
Long-Term Debt/Total Assets (%)	- -	6.48	3.5	1.26	29.74	52.95	59.65	50.61	42.88	35.72
Total Debt/Equity (%)	- -	-18.26	-9.43	1.45	52.43	158.52	252.75	188.09	139.86	241.13
Total Debt/Capital (%)	- -	-22.33	-10.41	1.43	34.4	61.32	71.65	65.29	58.31	70.69
Total Debt/Total Assets (%)	- -	6.7	3.59	1.26	31.02	54.52	60.94	52	44.32	58.29
Net Debt to Equity	- -	39.83	21.85	-19.15	33.59	103.61	197.45	156.81	108.93	159.13
Net Debt/Capital (%)	- -	32.49	19.4	-23.27	24.15	47.08	61.7	56.67	48.25	57.56
EBITDA	-9	2	-66	-78	-57	-61	-99	-50	-27	-17
EBITDA-CapEx	-27	-21	-101	-136	-114	-154	-242	-164	-212	-333
Operating Income (Loss)	-17	-10	-85	-108	-107	-128	-201	-185	-155	-207

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	2.7	2.62	7.59	7.3	6.31	4.15	2.95	2.34	1.74
Current Ratio	- -	3.39	3.21	8.22	7.99	6.78	4.74	3.5	2.86	1.98
Quick Ratio	- -	3.26	3.05	8.02	7.77	6.67	4.54	3.41	2.76	1.92
CFO/Avg Current Liab	- -	- -	-0.98	-0.54	-0.15	0.3	0.36	0.53	0.56	0.38
Common Equity/Total Assets	- -	-36.68	-38.04	87.36	59.17	34.39	24.11	27.65	31.69	24.17
Long-Term Debt/Equity (%)	- -	- -	- -	1.45	50.26	153.95	247.42	183.06	135.31	147.77
Long-Term Debt/Capital (%)	- -	-21.61	-10.16	1.43	32.97	59.55	70.14	63.54	56.41	43.32
Long-Term Debt/Total Assets (%)	- -	6.48	3.5	1.26	29.74	52.95	59.65	50.61	42.88	35.72
Total Debt/Equity (%)	- -	-18.26	-9.43	1.45	52.43	158.52	252.75	188.09	139.86	241.13
Total Debt/Capital (%)	- -	-22.33	-10.41	1.43	34.4	61.32	71.65	65.29	58.31	70.69
Total Debt/Total Assets (%)	- -	6.7	3.59	1.26	31.02	54.52	60.94	52	44.32	58.29
CFO/Total Liabilities	- -	1.42	-10.51	-37.07	-3.04	4.15	6.29	12.74	16.87	13.18
CFO/CapEx	-0.72	0.14	-1.24	-0.68	-0.3	0.7	0.86	2.22	2.06	1.91
Altman's Z-Score	- -	- -	- -	- -	- -	- -	4.69	8.99	10.46	9.9

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	- -	10.52	9.73	8.85	8.25	7.99	6.54	5.91	6.2
Days Sales Outstanding	- -	- -	34.7	37.53	41.22	44.22	45.68	55.85	61.76	58.86
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	14,091	28,711	37,649	72,166
- Cash & Cash Equivalents	- -	24	25	139	109	314	204	87	148	944
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	11	11	11	428	1,293	1,577	1,435	1,463	3,518
Enterprise Value	- -	- -	- -	- -	- -	- -	14,018	28,473	37,256	71,583
Total Capital	- -	-49	-103	736	1,245	2,109	2,201	2,198	2,509	4,977
Total Debt/Capital (%)	- -	-22.33	-10.41	1.43	34.4	61.32	71.65	65.29	58.31	70.69
Total Debt / EV	- -	- -	- -	- -	- -	- -	0.11	0.05	0.04	0.05
EV/Sales	- -	- -	- -	- -	- -	- -	14.37	21.96	22.31	33.02
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	- -	- -	- -	- -	13,931	28,382	37,273	71,456
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	13,858	28,143	36,880	70,873
EV per Share	- -	- -	- -	- -	- -	- -	2.37	4.7	6.02	11.34
TTM Sales	85	135	193	287	431	656	975	1,297	1,670	2,168
TTM EBITDA	-9	2	-66	-78	-57	-61	-99	-50	-27	-17
TTM Operating Income	-17	-10	-85	-108	-107	-128	-201	-185	-155	-207
TTM Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Multiples (USD)

Valuation Multiples API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	-696.15	202.71	190.76	248.54
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	- -	- -	- -	- -	- -	- -	14,018	28,473	37,256	71,583
Low Price	- -	- -	- -	- -	- -	- -	2.08	2.13	3.72	5.3
EV/Sales	- -	- -	- -	- -	- -	- -	14.37	21.96	22.31	33.02
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value	- -	- -	- -	- -	- -	- -	22.58	37.63	35.99	49.46
Price/Book Value Average	- -	- -	- -	- -	- -	- -	34.6	27.18	29.15	42.4
Price/Book Value High	- -	- -	- -	- -	- -	- -	68.04	38.17	39.05	61.78
Price/Book Value Low	- -	- -	- -	- -	- -	- -	19.74	16.92	21.98	22.95
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	31.78	48.22	44.65	60.61
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	48.68	34.83	36.16	51.95
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	95.74	48.92	48.45	75.7
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	27.78	21.68	27.27	28.12
Price/Sales	- -	- -	- -	- -	- -	- -	14.28	21.89	22.32	32.96
Price/Sales Average	- -	- -	- -	- -	- -	- -	21.88	15.81	18.08	28.25
Price/Sales High	- -	- -	- -	- -	- -	- -	43.04	22.2	24.23	41.17
Price/Sales Low	- -	- -	- -	- -	- -	- -	12.49	9.84	13.64	15.29
Price/Cash Flow	- -	- -	- -	- -	- -	- -	112.71	111.56	97.98	118.48
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	172.68	80.59	79.36	101.56
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	339.57	113.17	106.32	147.99
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	98.53	50.16	59.84	54.97
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	-1,066.52	146.44	154.52	213.05
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	-2,097.33	205.64	207.01	310.45
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	-608.57	91.13	116.51	115.31
EV/Sales Average	- -	- -	- -	- -	- -	- -	22.06	15.81	18.03	28.27
EV/Sales High	- -	- -	- -	- -	- -	- -	43.46	22.28	24.23	41.31
EV/Sales Low	- -	- -	- -	- -	- -	- -	12.56	9.77	13.54	15.17
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	- -	- -	- -	- -	- -	- -	2.38	4.74	6.09	11.43
High Price	- -	- -	- -	- -	- -	- -	7.17	4.81	6.6	14.28
Enterprise Value Average	- -	- -	- -	- -	- -	- -	21,515	20,503	30,103	61,279
Enterprise Value High	- -	- -	- -	- -	- -	- -	42,380	28,888	40,462	89,558
Enterprise Value Low	- -	- -	- -	- -	- -	- -	12,245	12,669	22,603	32,898

Shares Outstanding	1,559	5,262	5,262	5,384	5,536	5,805	5,921	6,054	6,186	6,312
Diluted Weighted Avg Shares	4,257	4,504	1,453	2,624	5,377	5,602	5,854	5,985	6,124	6,250
Basic Weighted Avg Shares	4,257	4,504	1,453	2,624	5,377	5,602	5,854	5,985	6,124	6,250
Revenue per Share	0.02	0.03	0.13	0.11	0.08	0.12	0.17	0.22	0.27	0.35
EBITDA per Share	- -	- -	-0.05	-0.03	-0.01	-0.01	-0.02	-0.01	- -	- -
Operating Income per Share	- -	- -	-0.06	-0.04	-0.02	-0.02	-0.03	-0.03	-0.03	-0.03
Basic EPS, GAAP	- -	- -	-0.06	-0.04	-0.02	-0.05	-0.03	-0.03	-0.01	-0.02
Basic EPS from Cont Ops	- -	- -	-0.06	-0.04	-0.02	-0.05	-0.03	-0.03	-0.01	-0.02
Diluted EPS, GAAP	- -	- -	-0.06	-0.04	-0.02	-0.05	-0.03	-0.03	-0.01	-0.02
Diluted EPS from Cont Ops	- -	- -	-0.06	-0.04	-0.02	-0.05	-0.03	-0.03	-0.01	-0.02
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	- -	- -	-0.03	-0.01	- -	0.01	0.02	0.04	0.06	0.1
Free Cash Flow per Basic Share	-0.01	- -	-0.05	-0.04	-0.01	-0.01	- -	0.02	0.03	0.05
Cash & Equivalents per Share	- -	0.01	0.03	0.12	0.19	0.31	0.28	0.28	0.3	0.65
Book Value per Share	- -	-0.01	-0.02	0.13	0.15	0.14	0.11	0.13	0.17	0.23
Tangible Book Value per Share	- -	-0.01	-0.02	0.13	0.14	0.14	0.07	0.1	0.14	0.19

Cloudflare, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)