Cloudflare, Inc. (NET) EV/EBITDA Ratio: 622.59x
Is Cloudflare, Inc.’s ev/ebitda ratio high or low?
Cloudflare, Inc.'s ev/ebitda ratio of 622.59x is 28% below its 5-year average of 868.35x, near the low end of its 5-year range (496.41x–1511.27x).
The ev/ebitda ratio for Cloudflare, Inc. (NET) is 622.59x as of Wednesday, June 10, 2026. It is below its 12-month average by 33.53% (936.58x).
NET EV/EBITDA Ratio Chart
NET Average EV/EBITDA Ratio Chart
NET Current vs Average EV/EBITDA Ratio Chart
NET EV/EBITDA Ratio Metrics
EV/EBITDA RATIO
622.59x
EV/EBITDA RATIO AVG TTM
936.58x
EV/EBITDA RATIO AVG 3Y
868.35x
EV/EBITDA RATIO AVG 5Y
868.35x
EV/EBITDA RATIO AVG 10Y
868.35x
EV/EBITDA RATIO AVG 15Y
868.35x
EV/EBITDA RATIO AVG 20Y
868.35x
CURRENT VS TTM AVG
-33.53%
CURRENT VS 3Y AVG
-28.30%
CURRENT VS 5Y AVG
-28.30%
CURRENT VS 10Y AVG
-28.30%
CURRENT VS 15Y AVG
-28.30%
CURRENT VS 20Y AVG
-28.30%
NET Competitors' EV/EBITDA Ratio
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cloudflare, Inc. (NET) | — | 622.59x | 936.58x | 868.35x | 868.35x |
| Snowflake Inc. (SNOW) | $83.07B | N/A | N/A | N/A | N/A |
| Datadog, Inc. (DDOG) | $80.92B | 366.53x | 256.58x | 623.18x | 2957.57x |
| Intuit Inc. (INTU) | $80.36B | 12.35x | 28.27x | 35.51x | 38.04x |
| Synopsys, Inc. (SNPS) | $89.09B | 36.00x | 40.78x | 45.48x | 44.47x |
| Monolithic Power Systems, Inc. (MPWR) | $75.27B | 86.30x | 65.95x | 61.30x | 62.48x |
| NXP Semiconductors N.V. (NXPI) | $75.09B | 18.48x | 17.15x | 14.96x | 14.97x |
| Adobe Inc. (ADBE) | $96.15B | 9.93x | 14.14x | 24.63x | 28.02x |
| Fortinet, Inc. (FTNT) | $101.39B | 38.77x | 27.29x | 32.23x | 44.26x |
| Hewlett Packard Enterprise Company (HPE) | $63.89B | 27.12x | 16.84x | 9.92x | 8.37x |
EV/EBITDA vs. its own history
At 622.6, EV/EBITDA is cheaper than usual — richer than 6% of its 2-year range.
2-year low
496.4
median
792.4
2-year high
1511.3
Understanding EV/EBITDA
Enterprise Value (EV) = Market Cap + Total Debt - Cash
EBITDA = Earnings Before Interest, Taxes, Depreciation & Amortization
EV/EBITDA is commonly used for comparing companies because:
- It accounts for debt levels (capital structure neutral)
- It removes effects of different depreciation policies
- It can be compared across countries with different tax rates
- It can remain available when net income is negative, if EBITDA is positive
Cloudflare, Inc. EV/EBITDA Ratio Formula & Definition
EV/EBITDA = Enterprise Value / EBITDA (TTM)
Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Cloudflare, Inc. EV/EBITDA Ratio FAQ
- What is the ev/ebitda ratio for Cloudflare, Inc. (NET)?
- The ev/ebitda ratio for NET stock is 622.59x.
- Is Cloudflare, Inc.'s ev/ebitda ratio high or low?
- Cloudflare, Inc.'s ev/ebitda ratio of 622.59x is 28% below its 5-year average of 868.35x, near the low end of its 5-year range (496.41x–1511.27x).
- What is the TTM average ev/ebitda ratio for Cloudflare, Inc. (NET)?
- The TTM average ev/ebitda ratio for NET stock is 936.58x.
- What is the 3Y average ev/ebitda ratio for Cloudflare, Inc. (NET)?
- The 3Y average ev/ebitda ratio for NET stock is 868.35x.
- What is the 5Y average ev/ebitda ratio for Cloudflare, Inc. (NET)?
- The 5Y average ev/ebitda ratio for NET stock is 868.35x.
- What is the 10Y average ev/ebitda ratio for Cloudflare, Inc. (NET)?
- The 10Y average ev/ebitda ratio for NET stock is 868.35x.
- What is the 15Y average ev/ebitda ratio for Cloudflare, Inc. (NET)?
- The 15Y average ev/ebitda ratio for NET stock is 868.35x.
- What is the 20Y average ev/ebitda ratio for Cloudflare, Inc. (NET)?
- The 20Y average ev/ebitda ratio for NET stock is 868.35x.
Cloudflare, Inc. EV/EBITDA Ratio History
| DATE | EV/EBITDA RATIO |
|---|---|
| 2026-06-09 | 622.59x |
| 2026-06-08 | 652.41x |
| 2026-06-05 | 658.34x |
| 2026-06-04 | 705.73x |
| 2026-06-03 | 697.26x |
| 2026-06-02 | 716.01x |
| 2026-06-01 | 711.30x |
| 2026-05-29 | 637.14x |
| 2026-05-28 | 602.08x |
| 2026-05-27 | 553.77x |
| 2026-05-26 | 575.05x |
| 2026-05-22 | 571.54x |
| 2026-05-21 | 562.54x |
| 2026-05-20 | 556.10x |
| 2026-05-19 | 547.40x |
| 2026-05-18 | 534.67x |
| 2026-05-15 | 523.95x |
| 2026-05-14 | 529.70x |
| 2026-05-13 | 511.32x |
| 2026-05-12 | 496.41x |
| 2026-05-11 | 513.62x |
| 2026-05-08 | 520.29x |
| 2026-05-07 | 878.17x |
| 2026-05-06 | 850.96x |
| 2026-05-05 | 837.16x |
| 2026-05-04 | 769.93x |
| 2026-05-01 | 747.80x |
| 2026-04-30 | 706.22x |
| 2026-04-29 | 729.44x |
| 2026-04-28 | 717.93x |
| 2026-04-27 | 730.74x |
| 2026-04-24 | 713.19x |
| 2026-04-23 | 706.32x |
| 2026-04-22 | 714.81x |
| 2026-04-21 | 715.18x |
| 2026-04-20 | 705.69x |
| 2026-04-17 | 693.01x |
| 2026-04-16 | 681.03x |
| 2026-04-15 | 656.97x |
| 2026-04-14 | 618.88x |
| 2026-04-13 | 636.70x |
| 2026-04-10 | 580.19x |
| 2026-04-09 | 666.66x |
| 2026-04-08 | 727.06x |
| 2026-04-07 | 743.78x |
| 2026-04-06 | 728.81x |
| 2026-04-02 | 728.52x |
| 2026-04-01 | 707.74x |
| 2026-03-31 | 710.76x |
| 2026-03-30 | 671.90x |
| 2026-03-27 | 699.75x |
| 2026-03-26 | 723.34x |
| 2026-03-25 | 749.45x |
| 2026-03-24 | 733.36x |
| 2026-03-23 | 758.25x |
| 2026-03-20 | 740.89x |
| 2026-03-19 | 760.60x |
| 2026-03-18 | 774.28x |
| 2026-03-17 | 727.95x |
| 2026-03-16 | 714.05x |
| 2026-03-13 | 731.04x |
| 2026-03-12 | 729.91x |
| 2026-03-11 | 732.86x |
| 2026-03-10 | 714.58x |
| 2026-03-09 | 694.64x |
| 2026-03-06 | 673.76x |
| 2026-03-05 | 664.21x |
| 2026-03-04 | 642.90x |
| 2026-03-03 | 619.74x |
| 2026-03-02 | 626.74x |
| 2026-02-27 | 597.44x |
| 2026-02-26 | 605.64x |
| 2026-02-25 | 698.70x |
| 2026-02-24 | 667.51x |
| 2026-02-23 | 653.37x |
| 2026-02-20 | 719.55x |
| 2026-02-19 | 780.07x |
| 2026-02-18 | 775.39x |
| 2026-02-17 | 784.13x |
| 2026-02-13 | 792.60x |
| 2026-02-12 | 750.91x |
| 2026-02-11 | 767.46x |
| 2026-02-10 | 730.64x |
| 2026-02-09 | 706.32x |
| 2026-02-06 | 704.21x |
| 2026-02-05 | 664.54x |
| 2026-02-04 | 679.49x |
| 2026-02-03 | 692.89x |
| 2026-02-02 | 740.17x |
| 2026-01-30 | 720.37x |
| 2026-01-29 | 732.24x |
| 2026-01-28 | 749.77x |
| 2026-01-27 | 832.04x |
| 2026-01-26 | 767.23x |
| 2026-01-23 | 705.11x |
| 2026-01-22 | 704.56x |
| 2026-01-21 | 691.56x |
| 2026-01-20 | 720.65x |
| 2026-01-16 | 747.00x |
| 2026-01-15 | 746.88x |
| 2026-01-14 | 763.48x |
| 2026-01-13 | 764.73x |
| 2026-01-12 | 755.67x |
| 2026-01-09 | 741.57x |
| 2026-01-08 | 757.89x |
| 2026-01-07 | 819.78x |
| 2026-01-06 | 801.00x |
| 2026-01-05 | 799.67x |
| 2026-01-02 | 793.27x |
| 2025-12-31 | 797.68x |
| 2025-12-30 | 807.32x |
| 2025-12-29 | 811.54x |
| 2025-12-26 | 818.14x |
| 2025-12-24 | 819.19x |
| 2025-12-23 | 816.93x |
| 2025-12-22 | 816.85x |
| 2025-12-19 | 791.94x |
| 2025-12-18 | 784.72x |
| 2025-12-17 | 775.35x |
| 2025-12-16 | 799.16x |
| 2025-12-15 | 795.92x |
| 2025-12-12 | 818.33x |
| 2025-12-11 | 839.85x |
| 2025-12-10 | 861.36x |
| 2025-12-09 | 843.67x |
| 2025-12-08 | 831.69x |
| 2025-12-05 | 812.52x |
| 2025-12-04 | 825.01x |
| 2025-12-03 | 825.79x |
| 2025-12-02 | 813.73x |
| 2025-12-01 | 797.88x |
| 2025-11-28 | 809.63x |
| 2025-11-26 | 797.06x |
| 2025-11-25 | 799.01x |
| 2025-11-24 | 785.34x |
| 2025-11-21 | 755.63x |
| 2025-11-20 | 775.19x |
| 2025-11-19 | 793.97x |
| 2025-11-18 | 795.26x |
| 2025-11-17 | 817.59x |
| 2025-11-14 | 850.19x |
| 2025-11-13 | 861.67x |
| 2025-11-12 | 909.07x |
| 2025-11-11 | 945.27x |
| 2025-11-10 | 967.05x |
| 2025-11-07 | 936.91x |
| 2025-11-06 | 909.93x |
| 2025-11-05 | 920.12x |
| 2025-11-04 | 937.30x |
| 2025-11-03 | 996.65x |
| 2025-10-31 | 1016.91x |
| 2025-10-30 | 896.66x |
| 2025-10-29 | 1505.45x |
| 2025-10-28 | 1483.54x |
| 2025-10-27 | 1490.78x |
| 2025-10-24 | 1443.87x |
| 2025-10-23 | 1439.41x |
| 2025-10-22 | 1397.86x |
| 2025-10-21 | 1412.40x |
| 2025-10-20 | 1412.79x |
| 2025-10-17 | 1393.21x |
| 2025-10-16 | 1402.19x |
| 2025-10-15 | 1440.83x |
| 2025-10-14 | 1441.93x |
| 2025-10-13 | 1474.30x |
| 2025-10-10 | 1417.83x |
| 2025-10-09 | 1463.90x |
| 2025-10-08 | 1457.76x |
| 2025-10-07 | 1440.90x |
| 2025-10-06 | 1464.42x |
| 2025-10-03 | 1436.24x |
| 2025-10-02 | 1487.23x |
| 2025-10-01 | 1438.76x |
| 2025-09-30 | 1422.80x |
| 2025-09-29 | 1448.58x |
| 2025-09-26 | 1434.11x |
| 2025-09-25 | 1446.13x |
| 2025-09-24 | 1442.06x |
| 2025-09-23 | 1478.83x |
| 2025-09-22 | 1511.27x |
| 2025-09-19 | 1496.14x |
| 2025-09-18 | 1480.83x |
| 2025-09-17 | 1418.21x |
| 2025-09-16 | 1452.85x |
| 2025-09-15 | 1496.60x |
| 2025-09-12 | 1466.29x |
| 2025-09-11 | 1487.74x |
| 2025-09-10 | 1476.95x |
| 2025-09-09 | 1448.46x |
| 2025-09-08 | 1444.32x |
| 2025-09-05 | 1421.77x |
| 2025-09-04 | 1393.01x |
| 2025-09-03 | 1365.42x |
| 2025-09-02 | 1380.54x |
| 2025-08-29 | 1384.81x |
| 2025-08-28 | 1415.24x |
| 2025-08-27 | 1362.38x |
| 2025-08-26 | 1319.15x |
| 2025-08-25 | 1301.90x |
| 2025-08-22 | 1303.77x |
| 2025-08-21 | 1281.80x |
| 2025-08-20 | 1284.58x |
| 2025-08-19 | 1305.97x |
| 2025-08-18 | 1343.84x |
| 2025-08-15 | 1334.40x |
| 2025-08-14 | 1298.67x |
| 2025-08-13 | 1324.26x |
| 2025-08-12 | 1343.58x |
| 2025-08-11 | 1336.08x |
| 2025-08-08 | 1358.25x |
| 2025-08-07 | 1395.98x |
| 2025-08-06 | 1428.88x |
| 2025-08-05 | 1378.99x |
| 2025-08-04 | 1385.39x |
| 2025-08-01 | 1329.23x |
| 2025-07-31 | 1378.15x |
| 2025-07-30 | 995.91x |
| 2025-07-29 | 989.00x |
| 2025-07-28 | 988.90x |
| 2025-07-25 | 984.08x |
| 2025-07-24 | 950.78x |
| 2025-07-23 | 938.94x |
| 2025-07-22 | 945.76x |
| 2025-07-21 | 980.87x |
| 2025-07-18 | 978.87x |
| 2025-07-17 | 949.17x |
| 2025-07-16 | 942.16x |
| 2025-07-15 | 928.33x |
| 2025-07-14 | 908.51x |
| 2025-07-11 | 901.16x |
| 2025-07-10 | 903.74x |
| 2025-07-09 | 960.08x |
| 2025-07-08 | 956.76x |
| 2025-07-07 | 956.96x |
| 2025-07-03 | 949.27x |
| 2025-07-02 | 921.85x |
| 2025-07-01 | 918.49x |
| 2025-06-30 | 971.47x |
| 2025-06-27 | 962.80x |
| 2025-06-26 | 947.76x |
| 2025-06-25 | 943.67x |
| 2025-06-24 | 925.70x |
| 2025-06-23 | 913.23x |
| 2025-06-20 | 890.98x |
| 2025-06-18 | 901.21x |
| 2025-06-17 | 900.38x |
| 2025-06-16 | 890.83x |
| 2025-06-13 | 855.29x |
| 2025-06-12 | 849.64x |
| 2025-06-11 | 892.98x |
| 2025-06-10 | 891.17x |
| 2025-06-09 | 883.68x |
| 2025-06-06 | 892.78x |
| 2025-06-05 | 876.52x |
| 2025-06-04 | 850.17x |
| 2025-06-03 | 858.21x |
| 2025-06-02 | 844.23x |
| 2025-05-30 | 825.68x |
| 2025-05-29 | 817.26x |
| 2025-05-28 | 806.64x |
Showing the most recent 260 of 465 data points. The chart above shows the full history.