CFLT vs. MSTR: A Head-to-Head Stock Comparison

Updated on October 3, 2025

Here’s a clear look at CFLT and MSTR, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

Symbol	CFLT	MSTR
Company Name	Confluent, Inc.	Strategy Inc
Country	United States	United States
GICS Sector	Information Technology	Information Technology
GICS Industry	Software	Software
Market Capitalization	6.79 billion USD	89.39 billion USD
Exchange	NasdaqGS	NasdaqGS
Listing Date	June 24, 2021	June 11, 1998
Security Type	Common Stock	Common Stock

Historical Performance

This chart compares the performance of CFLT and MSTR by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

CFLT vs. MSTR: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	CFLT	MSTR
5-Day Price Return	0.30%	12.54%
13-Week Price Return	-20.58%	-9.35%
26-Week Price Return	-23.73%	4.26%
52-Week Price Return	0.51%	100.72%
Month-to-Date Return	-0.30%	5.03%
Year-to-Date Return	-29.18%	16.85%
10-Day Avg. Volume	5.55M	13.43M
3-Month Avg. Volume	7.31M	11.52M
3-Month Volatility	75.49%	55.03%
Beta	0.96	3.43

Profitability

Return on Equity (TTM)

CFLT

-31.29%

Software Industry

Max: 66.28%
Q3: 21.28%
Median: 9.33%
Q1: -8.77%
Min: -48.16%

CFLT has a negative Return on Equity of -31.29%. This indicates the company is generating a loss for its shareholders, which can be a result of unprofitability or negative shareholder equity and is often a sign of financial distress.

MSTR

18.10%

Software Industry

Max: 66.28%
Q3: 21.28%
Median: 9.33%
Q1: -8.77%
Min: -48.16%

MSTR’s Return on Equity of 18.10% is on par with the norm for the Software industry, indicating its profitability relative to shareholder equity is typical for the sector.

CFLT vs. MSTR: A comparison of their Return on Equity (TTM) against the Software industry benchmark.

Net Profit Margin (TTM)

CFLT

-29.27%

Software Industry

Max: 51.92%
Q3: 19.23%
Median: 6.98%
Q1: -7.14%
Min: -41.00%

CFLT has a negative Net Profit Margin of -29.27%, indicating the company is operating at a net loss as its expenses exceeded its revenues.

MSTR

1,036.61%

Software Industry

Max: 51.92%
Q3: 19.23%
Median: 6.98%
Q1: -7.14%
Min: -41.00%

MSTR’s Net Profit Margin of 1,036.61% is exceptionally high, placing it well beyond the typical range for the Software industry. This demonstrates outstanding operational efficiency and a strong competitive advantage in converting revenue into profit.

CFLT vs. MSTR: A comparison of their Net Profit Margin (TTM) against the Software industry benchmark.

Operating Profit Margin (TTM)

CFLT

-37.29%

Software Industry

Max: 60.40%
Q3: 21.25%
Median: 9.90%
Q1: -4.97%
Min: -43.50%

CFLT has a negative Operating Profit Margin of -37.29%. This signifies the company is unprofitable at the operational level, as its core business expenses exceed its revenue.

MSTR

1,435.93%

Software Industry

Max: 60.40%
Q3: 21.25%
Median: 9.90%
Q1: -4.97%
Min: -43.50%

MSTR’s Operating Profit Margin of 1,435.93% is exceptionally high, placing it well above the typical range for the Software industry. This demonstrates outstanding efficiency in managing its core operations, which can be a result of strong pricing power or superior cost control.

CFLT vs. MSTR: A comparison of their Operating Profit Margin (TTM) against the Software industry benchmark.

Profitability at a Glance

Symbol	CFLT	MSTR
Return on Equity (TTM)	-31.29%	18.10%
Return on Assets (TTM)	-11.52%	13.42%
Net Profit Margin (TTM)	-29.27%	1,036.61%
Operating Profit Margin (TTM)	-37.29%	1,435.93%
Gross Profit Margin (TTM)	74.22%	70.10%

Financial Strength

Current Ratio (MRQ)

CFLT

3.98

Software Industry

Max: 4.29
Q3: 2.37
Median: 1.40
Q1: 1.03
Min: 0.25

CFLT’s Current Ratio of 3.98 is in the upper quartile for the Software industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.

MSTR

0.68

Software Industry

Max: 4.29
Q3: 2.37
Median: 1.40
Q1: 1.03
Min: 0.25

MSTR’s Current Ratio of 0.68 falls into the lower quartile for the Software industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.

CFLT vs. MSTR: A comparison of their Current Ratio (MRQ) against the Software industry benchmark.

Debt-to-Equity Ratio (MRQ)

CFLT

1.03

Software Industry

Max: 2.16
Q3: 0.86
Median: 0.31
Q1: 0.00
Min: 0.00

CFLT’s leverage is in the upper quartile of the Software industry, with a Debt-to-Equity Ratio of 1.03. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.

MSTR

0.16

Software Industry

Max: 2.16
Q3: 0.86
Median: 0.31
Q1: 0.00
Min: 0.00

MSTR’s Debt-to-Equity Ratio of 0.16 is typical for the Software industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

CFLT vs. MSTR: A comparison of their Debt-to-Equity Ratio (MRQ) against the Software industry benchmark.

Interest Coverage Ratio (TTM)

CFLT

-87.07

Software Industry

Max: 89.65
Q3: 32.64
Median: 1.00
Q1: -9.84
Min: -71.23

CFLT has a negative Interest Coverage Ratio of -87.07. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.

MSTR

-30.23

Software Industry

Max: 89.65
Q3: 32.64
Median: 1.00
Q1: -9.84
Min: -71.23

MSTR has a negative Interest Coverage Ratio of -30.23. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.

CFLT vs. MSTR: A comparison of their Interest Coverage Ratio (TTM) against the Software industry benchmark.

Financial Strength at a Glance

Symbol	CFLT	MSTR
Current Ratio (MRQ)	3.98	0.68
Quick Ratio (MRQ)	3.83	0.55
Debt-to-Equity Ratio (MRQ)	1.03	0.16
Interest Coverage Ratio (TTM)	-87.07	-30.23

Growth

Revenue Growth

CFLT vs. MSTR: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

CFLT vs. MSTR: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

CFLT

0.00%

Software Industry

Max: 0.22%
Q3: 0.11%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

CFLT currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

MSTR

0.06%

Software Industry

Max: 0.22%
Q3: 0.11%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

MSTR’s Dividend Yield of 0.06% is consistent with its peers in the Software industry, providing a dividend return that is standard for its sector.

CFLT vs. MSTR: A comparison of their Dividend Yield (TTM) against the Software industry benchmark.

Dividend Payout Ratio (TTM)

CFLT

0.00%

Software Industry

Max: 3.29%
Q3: 2.41%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

CFLT has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

MSTR

0.00%

Software Industry

Max: 3.29%
Q3: 2.41%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

MSTR has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

CFLT vs. MSTR: A comparison of their Dividend Payout Ratio (TTM) against the Software industry benchmark.

Dividend at a Glance

Symbol	CFLT	MSTR
Dividend Yield (TTM)	0.00%	0.06%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

Price-to-Earnings Ratio (TTM)

CFLT

Software Industry

Max: 145.74
Q3: 94.88
Median: 45.35
Q1: 26.66
Min: 8.80

P/E Ratio data for CFLT is currently unavailable.

MSTR

19.94

Software Industry

Max: 145.74
Q3: 94.88
Median: 45.35
Q1: 26.66
Min: 8.80

In the lower quartile for the Software industry, MSTR’s P/E Ratio of 19.94 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.

CFLT vs. MSTR: A comparison of their Price-to-Earnings Ratio (TTM) against the Software industry benchmark.

Price-to-Sales Ratio (TTM)

CFLT

6.38

Software Industry

Max: 25.67
Q3: 13.68
Median: 8.28
Q1: 4.95
Min: 0.90

CFLT’s P/S Ratio of 6.38 aligns with the market consensus for the Software industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

MSTR

206.65

Software Industry

Max: 25.67
Q3: 13.68
Median: 8.28
Q1: 4.95
Min: 0.90

With a P/S Ratio of 206.65, MSTR trades at a valuation that eclipses even the highest in the Software industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.

CFLT vs. MSTR: A comparison of their Price-to-Sales Ratio (TTM) against the Software industry benchmark.

Price-to-Book Ratio (MRQ)

CFLT

7.98

Software Industry

Max: 30.67
Q3: 14.92
Median: 8.52
Q1: 3.89
Min: 0.38

CFLT’s P/B Ratio of 7.98 is within the conventional range for the Software industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

MSTR

2.25

Software Industry

Max: 30.67
Q3: 14.92
Median: 8.52
Q1: 3.89
Min: 0.38

MSTR’s P/B Ratio of 2.25 is in the lower quartile for the Software industry. From a value investing perspective, this is favorable, as it suggests the stock is trading at a discount to its net asset value and may offer a greater margin of safety.

CFLT vs. MSTR: A comparison of their Price-to-Book Ratio (MRQ) against the Software industry benchmark.

Valuation at a Glance

Symbol	CFLT	MSTR
Price-to-Earnings Ratio (TTM)	--	19.94
Price-to-Sales Ratio (TTM)	6.38	206.65
Price-to-Book Ratio (MRQ)	7.98	2.25
Price-to-Free Cash Flow Ratio (TTM)	137.36	1,629.05