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cloudflare inc. - NET

NET

Close Chg Chg %
96.47 7.78 8.06%

Closed Market

104.25

+7.78 (8.06%)

Volume: 5.69M

Last Updated:

Nov 21, 2024, 3:59 PM EDT

Trade Now

Company Overview: cloudflare inc. - NET

NET Key Data

Open

$99.88

 Day Range

99.33 - 104.49

52 Week Range

66.24 - 115.89

 Market Cap

$33.11B

Shares Outstanding

343.19M

 Public Float

300.25M

Beta

1.10

 Rev. Per Employee

N/A

P/E Ratio

N/A

 EPS

-$0.28

Yield

0.00%

 Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

3.15M

  

NET Performance

1 Week
 
 7.46%
 
1 Month
 
 8.69%
 
3 Months
 
 17.09%
 
1 Year
 
 31.43%
 
5 Years
 
 442.88%
 

NET Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 36
Full Ratings ➔

About cloudflare inc. - NET

Cloudflare, Inc. engages in the provision of cloud-based services to secure websites. It offers various products for performance and reliability, video streaming and delivery, advanced security, insights, Cloudflare for developers, domain registration, and Cloudflare marketplace. It operates through the United States and Rest of the World geographical segments. The company was founded by Matthew Prince, Michelle Zatlyn, and Lee Holloway in July 2009 and is headquartered in San Francisco, CA.

NET At a Glance

Cloudflare, Inc.
101 Townsend Street
San Francisco, California 94107
Phone 1-888-993-5273 Revenue 1.30B
Industry Information Technology Services Net Income -183,949,000.00
Sector Technology Services 2023 Sales Growth 32.967%
Fiscal Year-end 12 / 2024 Employees 3,682
View SEC Filings

NET Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 21.423
Price to Book Ratio 36.83
Price to Cash Flow Ratio 109.196
Enterprise Value to EBITDA -490.797
Enterprise Value to Sales 21.237
Total Debt to Enterprise Value 0.052

NET Efficiency

Revenue/Employee 352,184.954
Income Per Employee -49,958.99
Receivables Turnover 5.001
Total Asset Turnover 0.485

NET Liquidity

Current Ratio 3.497
Quick Ratio 3.497
Cash Ratio 2.956

NET Profitability

Gross Margin 76.325
Operating Margin -19.347
Pretax Margin -18.759
Net Margin -14.185
Return on Assets -6.88
Return on Equity -26.525
Return on Total Capital -8.368
Return on Invested Capital -8.501

NET Capital Structure

Total Debt to Total Equity 188.088
Total Debt to Total Capital 65.288
Total Debt to Total Assets 52.004
Long-Term Debt to Equity 183.062
Long-Term Debt to Total Capital 63.544
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Cloudflare Inc. - NET

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
431.06M 656.43M 975.24M 1.30B
Sales Growth
+50.18% +52.28% +48.57% +32.97%
Cost of Goods Sold (COGS) incl D&A
101.06M 147.13M 232.61M 307.00M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
66.32M 94.47M 145.12M 194.77M
Depreciation
45.90M 62.30M 84.80M 113.40M
Amortization of Intangibles
3.10M 2.90M 15.20M 20.00M
COGS Growth
+59.33% +45.60% +58.09% +31.98%
Gross Income
330.00M 509.29M 742.63M 989.74M
Gross Income Growth
+47.59% +54.33% +45.82% +33.27%
Gross Profit Margin
+76.56% +77.59% +76.15% +76.32%
2020 2021 2022 2023 5-year trend
SG&A Expense
440.49M 657.50M 991.39M 1.24B
Research & Development
131.42M 210.31M 346.12M 423.54M
Other SG&A
309.07M 447.19M 645.27M 817.08M
SGA Growth
+28.86% +49.26% +50.78% +25.14%
Other Operating Expense
- - - -
-
Unusual Expense
6.28M 72.61M 3.95M 50.30M
EBIT after Unusual Expense
(116.77M) (220.82M) (252.70M) (301.19M)
Non Operating Income/Expense
6.76M 1.18M 15.45M 63.80M
Non-Operating Interest Income
6.59M 1.97M 14.88M 68.17M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
24.96M 49.23M 4.98M 5.87M
Interest Expense Growth
+2,144.96% +97.22% -89.88% +17.82%
Gross Interest Expense
24.96M 49.23M 4.98M 5.87M
Interest Capitalized
- - - -
-
Pretax Income
(134.97M) (268.88M) (242.23M) (243.26M)
Pretax Income Growth
-17.35% -99.21% +9.91% -0.42%
Pretax Margin
-31.31% -40.96% -24.84% -18.76%
Income Tax
(15.60M) (8.57M) (48.85M) (59.31M)
Income Tax - Current - Domestic
554.00K 865.00K 333.00K 837.00K
Income Tax - Current - Foreign
769.00K 2.73M 2.46M 2.99M
Income Tax - Deferred - Domestic
- - (781.00K) (1.70M)
-
Income Tax - Deferred - Foreign
(6.14M) 8.74M 1.56M 2.26M
Income Tax Credits
10.00M 20.90M 51.50M 65.40M
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(119.37M) (260.31M) (193.38M) (183.95M)
Minority Interest Expense
- - - -
-
Net Income
(119.37M) (260.31M) (193.38M) (183.95M)
Net Income Growth
-12.80% -118.07% +25.71% +4.88%
Net Margin Growth
-27.69% -39.66% -19.83% -14.19%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(119.37M) (260.31M) (193.38M) (183.95M)
Preferred Dividends
- - - -
-
Net Income Available to Common
(119.37M) (260.31M) (193.38M) (183.95M)
EPS (Basic)
-0.3982 -0.8335 -0.5926 -0.5513
EPS (Basic) Growth
-12.93% -109.32% +28.90% +6.97%
Basic Shares Outstanding
299.77M 312.32M 326.33M 333.66M
EPS (Diluted)
-0.3982 -0.8335 -0.5926 -0.5513
EPS (Diluted) Growth
-12.93% -109.32% +28.90% +6.97%
Diluted Shares Outstanding
299.77M 312.32M 326.33M 333.66M
EBITDA
(44.16M) (53.74M) (103.64M) (56.11M)
EBITDA Growth
+50.25% -21.67% -92.87% +45.86%
EBITDA Margin
-10.25% -8.19% -10.63% -4.33%

Snapshot

Average Recommendation HOLD Average Target Price 92.985
Number of Ratings 36 Current Quarters Estimate 0.178
FY Report Date 12 / 2024 Current Year's Estimate 0.741
Last Quarter’s Earnings 0.20 Median PE on CY Estimate N/A
Year Ago Earnings 0.49 Next Fiscal Year Estimate 0.826
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 24 21 28 27
Mean Estimate 0.18 0.18 0.74 0.83
High Estimates 0.18 0.19 0.77 0.90
Low Estimate 0.16 0.15 0.70 0.75
Coefficient of Variance 3.16 5.58 1.44 4.39

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 10 10 13
OVERWEIGHT 3 3 2
HOLD 19 19 17
UNDERWEIGHT 1 1 1
SELL 3 3 2
MEAN Hold Hold Overweight

Insider Actions for Cloudflare Inc. - NET

Date Name Shares Transaction Value
Oct 4, 2024 Douglas Kramer Chief Legal Officer 188,386 Conversion of derivative security 0.00
Oct 4, 2024 Douglas Kramer Chief Legal Officer 185,386 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $78.87 per share 14,621,393.82
Aug 23, 2024 Michelle Marie Zatlyn President and COO; Director N/A Open market or private sale of non-derivative or derivative security Non-derivative transaction at $81.74 per share 0.00
Aug 23, 2024 Michelle Marie Zatlyn President and COO; Director 19,615 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $84.36 per share 1,654,721.40
Aug 23, 2024 Michelle Marie Zatlyn President and COO; Director 20,512 Conversion of derivative security 0.00
Aug 23, 2024 Michelle Marie Zatlyn President and COO; Director N/A Open market or private sale of non-derivative or derivative security Non-derivative transaction at $84.49 per share 0.00
Aug 23, 2024 Michelle Marie Zatlyn President and COO; Director 24,743 Conversion of derivative security 0.00
Aug 23, 2024 Michelle Marie Zatlyn President and COO; Director 19,615 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $81.74 per share 1,603,330.10
Aug 23, 2024 Michelle Marie Zatlyn President and COO; Director 24,743 Conversion of derivative security 0.00
Aug 23, 2024 Thomas Josef Seifert CHIEF FINANCIAL OFFICER 281,403 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $84.44 per share 23,761,669.32
Aug 23, 2024 Thomas Josef Seifert CHIEF FINANCIAL OFFICER 282,803 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $83.74 per share 23,681,923.22
Aug 23, 2024 Thomas Josef Seifert CHIEF FINANCIAL OFFICER 285,633 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $82.64 per share 23,604,711.12
Aug 23, 2024 Thomas Josef Seifert CHIEF FINANCIAL OFFICER 310,039 Conversion of derivative security 0.00
Aug 23, 2024 Michelle Marie Zatlyn President and COO; Director 20,512 Conversion of derivative security 0.00
Aug 23, 2024 Michelle Marie Zatlyn President and COO; Director 20,214 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $81.85 per share 1,654,515.90
Aug 23, 2024 Michelle Marie Zatlyn President and COO; Director 22,823 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $83.51 per share 1,905,948.73
Aug 23, 2024 Michelle Marie Zatlyn President and COO; Director 19,976 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $82.81 per share 1,654,212.56
Aug 23, 2024 Michelle Marie Zatlyn President and COO; Director 2,441 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $81.85 per share 199,795.85
Aug 23, 2024 Michelle Marie Zatlyn President and COO; Director 29,989 Conversion of derivative security 0.00
Aug 23, 2024 Michelle Marie Zatlyn President and COO; Director 8,422 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $83.87 per share 706,353.14

Cloudflare Inc. in the News