Cloudflare, Inc. (NET) Debt to Equity Ratio: 2.54
Is Cloudflare, Inc.’s debt to equity ratio high or low?
Cloudflare, Inc.'s debt to equity ratio of 2.54 is 46% above its 5-year average of 1.74, near the high end of its 5-year range (0.52–2.54).
The debt to equity ratio for Cloudflare, Inc. (NET) is 2.54 as of Wednesday, June 10, 2026. It is above its 12-month average by 28.93% (1.97).
NET Debt to Equity Ratio Chart
NET Average Debt to Equity Ratio Chart
NET Current vs Average Debt to Equity Ratio Chart
NET Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
2.54
DEBT TO EQUITY RATIO AVG TTM
1.97
DEBT TO EQUITY RATIO AVG 3Y
2.09
DEBT TO EQUITY RATIO AVG 5Y
1.74
DEBT TO EQUITY RATIO AVG 10Y
1.31
DEBT TO EQUITY RATIO AVG 15Y
1.31
DEBT TO EQUITY RATIO AVG 20Y
1.31
CURRENT VS TTM AVG
+28.93%
CURRENT VS 3Y AVG
+21.68%
CURRENT VS 5Y AVG
+45.70%
CURRENT VS 10Y AVG
+94.08%
CURRENT VS 15Y AVG
+94.08%
CURRENT VS 20Y AVG
+94.08%
NET Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cloudflare, Inc. (NET) | — | 2.54 | 1.97 | 2.09 | 1.74 |
| Intuit Inc. (INTU) | $77.74B | 0.34 | 0.35 | 0.39 | 0.42 |
| Datadog, Inc. (DDOG) | $81.03B | 0.41 | 0.55 | 0.53 | 0.60 |
| Monolithic Power Systems, Inc. (MPWR) | $72.71B | 0.01 | 0.01 | 0.01 | 0.00 |
| Snowflake Inc. (SNOW) | $83.15B | 1.42 | 1.16 | 0.61 | 0.42 |
| NXP Semiconductors N.V. (NXPI) | $72.02B | 1.22 | 1.20 | 1.30 | 1.28 |
| Synopsys, Inc. (SNPS) | $87.82B | 0.50 | 0.29 | 0.20 | 0.18 |
| Hewlett Packard Enterprise Company (HPE) | $60.85B | 0.98 | 0.89 | 0.78 | 0.82 |
| Adobe Inc. (ADBE) | $94.61B | 0.57 | 0.50 | 0.40 | 0.38 |
| Keysight Technologies, Inc. (KEYS) | $55.79B | 0.51 | 0.46 | 0.46 | 0.49 |
Financial Health
Debt/Equity
2.54
Current Ratio
1.98
Cloudflare, Inc. Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Cloudflare, Inc. Debt to Equity Ratio FAQ
- What is the debt to equity ratio for Cloudflare, Inc. (NET)?
- The debt to equity ratio for NET stock is 2.54.
- Is Cloudflare, Inc.'s debt to equity ratio high or low?
- Cloudflare, Inc.'s debt to equity ratio of 2.54 is 46% above its 5-year average of 1.74, near the high end of its 5-year range (0.52–2.54).
- What is the TTM average debt to equity ratio for Cloudflare, Inc. (NET)?
- The TTM average debt to equity ratio for NET stock is 1.97.
- What is the 3Y average debt to equity ratio for Cloudflare, Inc. (NET)?
- The 3Y average debt to equity ratio for NET stock is 2.09.
- What is the 5Y average debt to equity ratio for Cloudflare, Inc. (NET)?
- The 5Y average debt to equity ratio for NET stock is 1.74.
- What is the 10Y average debt to equity ratio for Cloudflare, Inc. (NET)?
- The 10Y average debt to equity ratio for NET stock is 1.31.
- What is the 15Y average debt to equity ratio for Cloudflare, Inc. (NET)?
- The 15Y average debt to equity ratio for NET stock is 1.31.
- What is the 20Y average debt to equity ratio for Cloudflare, Inc. (NET)?
- The 20Y average debt to equity ratio for NET stock is 1.31.
Cloudflare, Inc. Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2025-12-31 | 2.54 |
| 2024-12-31 | 1.40 |
| 2023-12-31 | 1.88 |
| 2022-12-31 | 2.53 |
| 2021-12-31 | 1.59 |
| 2020-12-31 | 0.52 |
| 2019-12-31 | 0.01 |
| 2016-12-31 | 0.00 |
Related Metrics
About Cloudflare, Inc.
Cloudflare, Inc. functions as a global provider of cloud-based services. The company delivers a comprehensive, integrated cloud security platform designed to safeguard a diverse array of digital environments, encompassing public and private clouds, on-premises infrastructure, Software-as-a-Service (SaaS) applications, and Internet of Things (IoT) devices. Its security portfolio features tools such as cloud firewalls, bot mitigation, distributed denial-of-service (DDoS) protection, IoT security, SSL/TLS encryption, secure origin connections, and rate limiting capabilities. Beyond security, Cloudflare also boosts online performance through services like content delivery networks (CDNs), intelligent routing, and various content, mobile, and image optimization tools. For enhanced reliability and availability, it provides solutions such as load balancing, its proprietary Anycast network, a virtual backbone, DNS services, DNS resolvers, and virtual waiting rooms. Furthermore, the company offers internal infrastructure tools, including "on-ramps" that facilitate seamless connections for users, devices, or locations to its expansive network, alongside "filters" engineered for data protection, inspection, and access management. Developer-centric solutions encompass serverless computing, programmable networks, website creation, domain registration, a suite of Cloudflare applications, advanced analytics, and data localization management. For individual consumers, Cloudflare provides a DNS Resolver application to improve internet browsing and a Consumer VPN to secure and speed up mobile device traffic. Its clientele spans a broad spectrum of industries, including technology, healthcare, financial services, consumer and retail, non-profit organizations, and government agencies. Established in 2009, Cloudflare, Inc. is headquartered in San Francisco, California.
- Sector
- Technology
- Industry
- Software - Infrastructure
- CEO
- Matthew Prince