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Cloudflare debt to equity ratioWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
Cloudflare's debt to equity ratio is 3.21: total debt of 4.71B USD against shareholders' equity of 1.46B USD.
- Today
- 3.21
- Average, 5 years
- 2.21
- Low, 5 years
- 1.04
- High, 5 years
- 3.21
Debt to equity = total debt ÷ shareholders' equity = 4.71B ÷ 1.46B = 3.21
Debt to equity
Total debt
Shareholders' equity
Total debt over shareholders' equity at each quarter end.
Debt to equity by year and by quarter
| Fiscal year | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Today | 3.21 | 4.71B | 1.46B | |
| FY2025 | 31 Dec 2025 | 2.54 | 3.70B | 1.46B |
| FY2024 | 31 Dec 2024 | 1.40 | 1.46B | 1.05B |
| FY2023 | 31 Dec 2023 | 1.88 | 1.44B | 763.05M |
| FY2022 | 31 Dec 2022 | 2.53 | 1.58B | 623.96M |
| FY2021 | 31 Dec 2021 | 1.59 | 1.29B | 815.80M |
| FY2020 | 31 Dec 2020 | 0.52 | 428.30M | 816.94M |
| FY2019 | 31 Dec 2019 | 0.01 | 10.51M | 725.83M |
| FY2018 | 31 Dec 2018 | — | 10.70M | -113.51M |
| FY2017 | 31 Dec 2017 | — | 10.92M | -59.83M |
| FY2016 | 31 Dec 2016 | — | — | — |
| Quarter | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 3.21 | 4.71B | 1.46B |
| Q2 FY2026 | 30 Jun 2026 | 2.18 | 3.53B | 1.62B |
| Q1 FY2026 | 31 Mar 2026 | 2.31 | 3.52B | 1.53B |
| Q4 FY2025 | 31 Dec 2025 | 2.54 | 3.70B | 1.46B |
| Q3 FY2025 | 30 Sept 2025 | 2.60 | 3.50B | 1.35B |
| Q2 FY2025 | 30 Jun 2025 | 2.79 | 3.46B | 1.24B |
| Q1 FY2025 | 31 Mar 2025 | 1.04 | 1.48B | 1.43B |
| Q4 FY2024 | 31 Dec 2024 | 1.40 | 1.46B | 1.05B |
| Q3 FY2024 | 30 Sept 2024 | 1.49 | 1.45B | 973.09M |
| Q2 FY2024 | 30 Jun 2024 | 1.63 | 1.44B | 881.55M |
| Q1 FY2024 | 31 Mar 2024 | 1.80 | 1.44B | 797.22M |
| Q4 FY2023 | 31 Dec 2023 | 1.88 | 1.44B | 763.05M |
| Q3 FY2023 | 30 Sept 2023 | 2.03 | 1.42B | 699.26M |
| Q2 FY2023 | 30 Jun 2023 | 2.27 | 1.46B | 641.83M |
| Q1 FY2023 | 31 Mar 2023 | 2.42 | 1.58B | 652.59M |
| Q4 FY2022 | 31 Dec 2022 | 2.53 | 1.58B | 623.96M |
| Q3 FY2022 | 30 Sept 2022 | 2.64 | 1.57B | 593.99M |
| Q2 FY2022 | 30 Jun 2022 | 2.70 | 1.57B | 580.49M |
| Q1 FY2022 | 31 Mar 2022 | 3.05 | 1.57B | 515.48M |
| Q4 FY2021 | 31 Dec 2021 | 1.59 | 1.29B | 815.80M |
| Q3 FY2021 | 30 Sept 2021 | 1.46 | 1.25B | 853.15M |
| Q2 FY2021 | 30 Jun 2021 | 0.56 | 448.40M | 801.10M |
| Q1 FY2021 | 31 Mar 2021 | 0.54 | 435.86M | 804.04M |
| Q4 FY2020 | 31 Dec 2020 | 0.52 | 428.30M | 816.94M |
| Q3 FY2020 | 30 Sept 2020 | 0.51 | 421.45M | 826.45M |
| Q2 FY2020 | 30 Jun 2020 | 0.50 | 414.06M | 835.62M |
| Q1 FY2020 | 31 Mar 2020 | 0.07 | 50.80M | 706.35M |
| Q4 FY2019 | 31 Dec 2019 | 0.01 | 10.51M | 725.83M |
| Q3 FY2019 | 30 Sept 2019 | 0.01 | 10.54M | 740.40M |
| Q2 FY2019 | 30 Jun 2019 | 0.06 | 10.56M | 186.09M |
| Q1 FY2019 | 31 Mar 2019 | 0.05 | 10.63M | 203.30M |
| Q4 FY2018 | 31 Dec 2018 | — | 10.70M | -113.51M |
| Q3 FY2018 | 30 Sept 2018 | — | — | — |
| Q2 FY2018 | 30 Jun 2018 | — | — | — |
| Q1 FY2018 | 31 Mar 2018 | 0.00 | 0.00 | 121.71M |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:Market cap,P/S ratio,ROE (return on equity),Current ratio,All ratios
Common questions about Cloudflare's debt to equity
Source: Financial Modeling Prep
