Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/Sales ratio high or low?
The EV/Sales ratio of 40.08x is 39% above its 5-year average of 28.82x, near the low end of its 5-year range (13.96x–117.21x).
As of Friday, September 4, 2026. 7.64% above its 12-month average of 37.23x.
EV/SALES RATIO
40.08x
EV/SALES RATIO AVG TTM
37.23x
EV/SALES RATIO AVG 3Y
29.17x
EV/SALES RATIO AVG 5Y
28.82x
EV/SALES RATIO AVG 10Y
N/A
EV/SALES RATIO AVG 15Y
N/A
EV/SALES RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+7.64%
CURRENT VS 3Y AVG
+37.40%
CURRENT VS 5Y AVG
+39.06%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
6.50x
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+516.62%
vs the sector median at left
Cloudflare, Inc.
Market Cap
$99.00B
EV/Sales Ratio
40.08x
TTM Avg
37.23x
3Y Avg
29.17x
5Y Avg
28.82x
Market Cap
$107.69B
EV/Sales Ratio
15.93x
TTM Avg
32.67x
3Y Avg
22.76x
5Y Avg
16.22x
Market Cap
$110.97B
EV/Sales Ratio
5.10x
TTM Avg
4.87x
3Y Avg
5.57x
5Y Avg
5.70x
Market Cap
$82.48B
EV/Sales Ratio
4.00x
TTM Avg
2.94x
3Y Avg
1.89x
5Y Avg
1.51x
| NAME | MARKET CAP | EV/SALES RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cloudflare, Inc. (NET) | $99.00B | 40.08x | 37.23x | 29.17x | 28.82x |
| Adobe Inc. (ADBE)vs › | $105.94B | 4.34x | 5.06x | 8.85x | 10.38x |
| Intuit Inc. (INTU)vs › | $91.01B | 4.39x | 6.98x | 9.88x | 10.45x |
| AppLovin Corporation (APP)vs › | $107.69B | 15.93x | 32.67x | 22.76x | 16.22x |
| Automatic Data Processing, Inc. (ADP)vs › | $110.97B | 5.10x | 4.87x | 5.57x | 5.70x |
| Accenture plc (ACN)vs › | $114.26B | 1.55x | 1.84x | 2.71x | 2.97x |
| Fortinet, Inc. (FTNT)vs › | $114.67B | 15.07x | 11.23x | 10.79x | 11.74x |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $82.48B | 4.00x | 2.94x | 1.89x | 1.51x |
| Snowflake Inc. (SNOW)vs › | $116.87B | 21.86x | 16.85x | 17.40x | 29.94x |
| Cadence Design Systems, Inc. (CDNS)vs › | $80.61B | 13.96x | 16.92x | 17.82x | 16.60x |
Enterprise Value (EV) = Market Cap + Total Debt - Cash
Sales = Total Revenue (TTM)
EV/Sales is commonly used because:
Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.
EV/Sales = Enterprise Value / Revenue (TTM)
Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/SALES RATIO |
|---|---|
| 2026-09-04 | 40.08x |
| 2026-09-03 | 40.87x |
| 2026-09-02 | 39.21x |
| 2026-09-01 | 41.01x |
| 2026-08-31 | 43.77x |
| 2026-08-28 | 43.03x |
| 2026-08-27 | 44.21x |
| 2026-08-26 | 40.92x |
| 2026-08-25 | 39.89x |
| 2026-08-24 | 40.28x |
| 2026-08-21 | 42.09x |
| 2026-08-20 | 40.08x |
| 2026-08-19 | 41.91x |
| 2026-08-18 | 43.25x |
| 2026-08-17 | 44.04x |
| 2026-08-14 | 45.28x |
| 2026-08-13 | 47.40x |
| 2026-08-12 | 44.67x |
| 2026-08-11 | 44.04x |
| 2026-08-10 | 44.55x |
| 2026-08-07 | 43.09x |
| 2026-08-06 | 40.86x |
| 2026-08-05 | 45.47x |
| 2026-08-04 | 46.74x |
| 2026-08-03 | 43.92x |
| 2026-07-31 | 43.36x |
| 2026-07-30 | 44.02x |
| 2026-07-29 | 42.05x |
| 2026-07-28 | 41.10x |
| 2026-07-27 | 41.33x |
| 2026-07-24 | 40.81x |
| 2026-07-23 | 40.83x |
| 2026-07-22 | 41.84x |
| 2026-07-21 | 42.34x |
| 2026-07-20 | 42.36x |
| 2026-07-17 | 43.16x |
| 2026-07-16 | 42.37x |
| 2026-07-15 | 42.46x |
| 2026-07-14 | 43.77x |
| 2026-07-13 | 41.92x |
| 2026-07-10 | 41.75x |
| 2026-07-09 | 42.87x |
| 2026-07-08 | 42.51x |
| 2026-07-07 | 41.82x |
| 2026-07-06 | 38.60x |
| 2026-07-02 | 37.82x |
| 2026-07-01 | 38.41x |
| 2026-06-30 | 38.25x |
| 2026-06-29 | 38.02x |
| 2026-06-26 | 37.03x |
| 2026-06-25 | 35.43x |
| 2026-06-24 | 34.95x |
| 2026-06-23 | 35.17x |
| 2026-06-22 | 34.18x |
| 2026-06-18 | 35.04x |
| 2026-06-17 | 35.46x |
| 2026-06-16 | 36.08x |
| 2026-06-15 | 36.80x |
| 2026-06-12 | 35.71x |
| 2026-06-11 | 35.55x |
| 2026-06-10 | 34.37x |
| 2026-06-09 | 36.87x |
| 2026-06-08 | 38.63x |
| 2026-06-05 | 38.98x |
| 2026-06-04 | 41.79x |
| 2026-06-03 | 41.29x |
| 2026-06-02 | 42.40x |
| 2026-06-01 | 42.12x |
| 2026-05-29 | 37.73x |
| 2026-05-28 | 35.65x |
| 2026-05-27 | 32.79x |
| 2026-05-26 | 34.05x |
| 2026-05-22 | 33.84x |
| 2026-05-21 | 33.31x |
| 2026-05-20 | 32.93x |
| 2026-05-19 | 32.41x |
| 2026-05-18 | 31.66x |
| 2026-05-15 | 31.03x |
| 2026-05-14 | 31.37x |
| 2026-05-13 | 30.28x |
| 2026-05-12 | 29.39x |
| 2026-05-11 | 30.41x |
| 2026-05-08 | 30.81x |
| 2026-05-07 | 42.86x |
| 2026-05-06 | 41.53x |
| 2026-05-05 | 40.86x |
| 2026-05-04 | 37.57x |
| 2026-05-01 | 36.49x |
| 2026-04-30 | 34.47x |
| 2026-04-29 | 35.60x |
| 2026-04-28 | 35.04x |
| 2026-04-27 | 35.66x |
| 2026-04-24 | 34.81x |
| 2026-04-23 | 34.47x |
| 2026-04-22 | 34.88x |
| 2026-04-21 | 34.90x |
| 2026-04-20 | 34.44x |
| 2026-04-17 | 33.82x |
| 2026-04-16 | 33.24x |
| 2026-04-15 | 32.06x |
| 2026-04-14 | 30.20x |
| 2026-04-13 | 31.07x |
| 2026-04-10 | 28.31x |
| 2026-04-09 | 32.54x |
| 2026-04-08 | 35.48x |
| 2026-04-07 | 36.30x |
| 2026-04-06 | 35.57x |
| 2026-04-02 | 35.55x |
| 2026-04-01 | 34.54x |
| 2026-03-31 | 34.69x |
| 2026-03-30 | 32.79x |
| 2026-03-27 | 34.15x |
| 2026-03-26 | 35.30x |
| 2026-03-25 | 36.58x |
| 2026-03-24 | 35.79x |
| 2026-03-23 | 37.00x |
| 2026-03-20 | 36.16x |
| 2026-03-19 | 37.12x |
| 2026-03-18 | 37.79x |
| 2026-03-17 | 35.53x |
| 2026-03-16 | 34.85x |
| 2026-03-13 | 35.68x |
| 2026-03-12 | 35.62x |
| 2026-03-11 | 35.77x |
| 2026-03-10 | 34.87x |
| 2026-03-09 | 33.90x |
| 2026-03-06 | 32.88x |
| 2026-03-05 | 32.42x |
| 2026-03-04 | 31.38x |
| 2026-03-03 | 30.25x |
| 2026-03-02 | 30.59x |
| 2026-02-27 | 29.16x |
| 2026-02-26 | 29.56x |
| 2026-02-25 | 30.43x |
| 2026-02-24 | 29.07x |
| 2026-02-23 | 28.46x |
| 2026-02-20 | 31.34x |
| 2026-02-19 | 33.97x |
| 2026-02-18 | 33.77x |
| 2026-02-17 | 34.15x |
| 2026-02-13 | 34.52x |
| 2026-02-12 | 32.70x |
| 2026-02-11 | 33.42x |
| 2026-02-10 | 31.82x |
| 2026-02-09 | 30.76x |
| 2026-02-06 | 30.67x |
| 2026-02-05 | 28.94x |
| 2026-02-04 | 29.59x |
| 2026-02-03 | 30.18x |
| 2026-02-02 | 32.24x |
| 2026-01-30 | 31.37x |
| 2026-01-29 | 31.89x |
| 2026-01-28 | 32.65x |
| 2026-01-27 | 36.24x |
| 2026-01-26 | 33.41x |
| 2026-01-23 | 30.71x |
| 2026-01-22 | 30.68x |
| 2026-01-21 | 30.12x |
| 2026-01-20 | 31.39x |
| 2026-01-16 | 32.53x |
| 2026-01-15 | 32.53x |
| 2026-01-14 | 33.25x |
| 2026-01-13 | 33.30x |
| 2026-01-12 | 32.91x |
| 2026-01-09 | 32.30x |
| 2026-01-08 | 33.01x |
| 2026-01-07 | 35.70x |
| 2026-01-06 | 34.88x |
| 2026-01-05 | 34.83x |
| 2026-01-02 | 34.55x |
| 2025-12-31 | 34.74x |
| 2025-12-30 | 35.16x |
| 2025-12-29 | 35.34x |
| 2025-12-26 | 35.63x |
| 2025-12-24 | 35.68x |
| 2025-12-23 | 35.58x |
| 2025-12-22 | 35.57x |
| 2025-12-19 | 34.49x |
| 2025-12-18 | 34.18x |
| 2025-12-17 | 33.77x |
| 2025-12-16 | 34.80x |
| 2025-12-15 | 34.66x |
| 2025-12-12 | 35.64x |
| 2025-12-11 | 36.58x |
| 2025-12-10 | 37.51x |
| 2025-12-09 | 36.74x |
| 2025-12-08 | 36.22x |
| 2025-12-05 | 35.39x |
| 2025-12-04 | 35.93x |
| 2025-12-03 | 35.96x |
| 2025-12-02 | 35.44x |
| 2025-12-01 | 34.75x |
| 2025-11-28 | 35.26x |
| 2025-11-26 | 34.71x |
| 2025-11-25 | 34.80x |
| 2025-11-24 | 34.20x |
| 2025-11-21 | 32.91x |
| 2025-11-20 | 33.76x |
| 2025-11-19 | 34.58x |
| 2025-11-18 | 34.63x |
| 2025-11-17 | 35.61x |
| 2025-11-14 | 37.03x |
| 2025-11-13 | 37.53x |
| 2025-11-12 | 39.59x |
| 2025-11-11 | 41.17x |
| 2025-11-10 | 42.12x |
| 2025-11-07 | 40.80x |
| 2025-11-06 | 39.63x |
| 2025-11-05 | 40.07x |
| 2025-11-04 | 40.82x |
| 2025-11-03 | 43.41x |
| 2025-10-31 | 44.29x |
| 2025-10-30 | 39.05x |
| 2025-10-29 | 43.03x |
| 2025-10-28 | 42.40x |
| 2025-10-27 | 42.61x |
| 2025-10-24 | 41.27x |
| 2025-10-23 | 41.14x |
| 2025-10-22 | 39.95x |
| 2025-10-21 | 40.37x |
| 2025-10-20 | 40.38x |
| 2025-10-17 | 39.82x |
| 2025-10-16 | 40.08x |
| 2025-10-15 | 41.18x |
| 2025-10-14 | 41.21x |
| 2025-10-13 | 42.14x |
| 2025-10-10 | 40.52x |
| 2025-10-09 | 41.84x |
| 2025-10-08 | 41.67x |
| 2025-10-07 | 41.18x |
| 2025-10-06 | 41.86x |
| 2025-10-03 | 41.05x |
| 2025-10-02 | 42.51x |
| 2025-10-01 | 41.12x |
| 2025-09-30 | 40.67x |
| 2025-09-29 | 41.40x |
| 2025-09-26 | 40.99x |
| 2025-09-25 | 41.33x |
| 2025-09-24 | 41.22x |
| 2025-09-23 | 42.27x |
| 2025-09-22 | 43.19x |
| 2025-09-19 | 42.76x |
| 2025-09-18 | 42.33x |
| 2025-09-17 | 40.54x |
| 2025-09-16 | 41.53x |
| 2025-09-15 | 42.78x |
| 2025-09-12 | 41.91x |
| 2025-09-11 | 42.52x |
| 2025-09-10 | 42.21x |
| 2025-09-09 | 41.40x |
| 2025-09-08 | 41.28x |
| 2025-09-05 | 40.64x |
| 2025-09-04 | 39.82x |
| 2025-09-03 | 39.03x |
| 2025-09-02 | 39.46x |
| 2025-08-29 | 39.58x |
| 2025-08-28 | 40.45x |
| 2025-08-27 | 38.94x |
| 2025-08-26 | 37.70x |
| 2025-08-25 | 37.21x |
Showing the most recent 260 of 1,754 data points. The chart above shows the full history.
