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.
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