CRWD vs. MSTR: CrowdStrike vs. Strategy Stock Comparison
How do CrowdStrike (CRWD) and Strategy (MSTR) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
CrowdStrike (CRWD) and Strategy (MSTR) both belong to the Software industry, though CRWD is classified under Systems Software while MSTR falls under Application Software.
| Profile Item | CRWD | MSTR |
|---|---|---|
| Name | CrowdStrike Holdings, Inc. | Strategy Inc. |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | Software | Software |
| GICS Sub-Industry | Systems Software | Application Software |
| Market Capitalization | 222.09 billion USD | 54.57 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | June 12, 2019 | June 11, 1998 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CRWD | MSTR |
|---|---|---|
| Total Return (1Y) | 66.51% | -48.13% |
| Total Return (3Y, Annualized) | 67.65% | 36.44% |
| Total Return (5Y, Annualized) | 25.12% | 7.87% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Strategy (MSTR) carries a highly aggressive beta of 3.60, indicating much higher sensitivity to broad-market moves, whereas CrowdStrike (CRWD) is closer to market-like at 1.18 — a noticeable difference in market-sensitivity profile.
| Metric | CRWD | MSTR |
|---|---|---|
| Volatility (1Y, Annualized) | 57.45% | 82.34% |
| Beta (5Y) | 1.18 | 3.60 |
| Max Drawdown (5Y) | -67.69% | -84.09% |
| Avg. Volume (3M) | 9.95M | 22.35M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CRWD | MSTR |
|---|---|---|
| Sharpe Ratio (1Y) | 1.08 | -0.64 |
| Sortino Ratio (1Y) | 1.74 | -0.97 |
Profitability
ROE (TTM)
Strategy (MSTR) reports a negative ROE of -21.59%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile CrowdStrike (CRWD) reports 1.46%, ranking against industry peers normally.
CRWD
Software & Services industry group
1.46%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- CRWD
- 1.46%
- Q1
- -9.59%
- Min
- -50.52%
MSTR
Software & Services industry group
-21.59%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- MSTR
- -21.59%
- Min
- -50.52%
Net Margin (TTM)
Both CrowdStrike (CRWD) at 0.83% and Strategy (MSTR) at 0.00% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
CRWD
Software & Services industry group
0.83%
- Max
- 41.17%
- Q3
- 15.28%
- Median
- 4.63%
- CRWD
- 0.83%
- Q1
- -5.42%
- Min
- -33.17%
MSTR
Software & Services industry group
0.00%
- Max
- 41.17%
- Q3
- 15.28%
- Median
- 4.63%
- MSTR
- 0.00%
- Q1
- -5.42%
- Min
- -33.17%
Operating Margin (TTM)
Both CrowdStrike (CRWD) at -2.26% and Strategy (MSTR) at -2.07% report negative operating margin values, usually indicating operating losses over the period.
CRWD
Software & Services industry group
-2.26%
- Max
- 46.89%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- CRWD
- -2.26%
- Min
- -30.45%
MSTR
Software & Services industry group
-2.07%
- Max
- 46.89%
- Q3
- 17.64%
- Median
- 8.73%
- MSTR
- -2.07%
- Q1
- -2.13%
- Min
- -30.45%
Profitability Metrics
| Metric | CRWD | MSTR |
|---|---|---|
| ROE (TTM) | 1.46% | -21.59% |
| ROA (TTM) | -0.78% | -4.52% |
| Net Margin (TTM) | 0.83% | 0.00% |
| Operating Margin (TTM) | -2.26% | -2.07% |
| Gross Margin (TTM) | 75.19% | 67.84% |
Growth
Revenue Growth
CrowdStrike (CRWD) at 21.71% is around its peer norm for revenue growth, while Strategy (MSTR) at 2.97% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Neither CrowdStrike (CRWD) nor Strategy (MSTR) reports a EPS growth value for this period, so a direct comparison isn't possible.
Growth Metrics
| Metric | CRWD | MSTR |
|---|---|---|
| Revenue Growth (YoY) | 21.71% | 2.97% |
| Revenue Growth (3Y CAGR) | 29.01% | -1.49% |
| EPS Growth (YoY) | -- | -- |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
CrowdStrike (CRWD) at 1.57 keeps current ratio within its industry’s typical mid-range, while Strategy (MSTR) at 4.04 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
CRWD
Software & Services industry group
1.57
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- CRWD
- 1.57
- Q1
- 1.01
- Min
- 0.03
MSTR
Software & Services industry group
4.04
- Max
- 5.11
- MSTR
- 4.04
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- Min
- 0.03
Debt / Equity (MRQ)
Both CrowdStrike (CRWD) at 0.16 and Strategy (MSTR) at 0.10 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
CRWD
Software & Services industry group
0.16
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- CRWD
- 0.16
- Q1
- 0.07
- Min
- 0.00
MSTR
Software & Services industry group
0.10
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- MSTR
- 0.10
- Q1
- 0.07
- Min
- 0.00
Financial Strength Metrics
| Metric | CRWD | MSTR |
|---|---|---|
| Current Ratio (MRQ) | 1.57 | 4.04 |
| Debt / Equity (MRQ) | 0.16 | 0.10 |
| Net Debt / EBITDA | -39.24 | -- |
Dividends
Dividend Yield (TTM)
Neither CrowdStrike (CRWD) nor Strategy (MSTR) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
CRWD
Software & Services industry group
0.00%
- CRWD
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
MSTR
Software & Services industry group
0.00%
- MSTR
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither CrowdStrike (CRWD) nor Strategy (MSTR) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
CRWD
Software & Services industry group
0.00%
- CRWD
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
MSTR
Software & Services industry group
0.00%
- MSTR
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CRWD | MSTR |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: CrowdStrike (CRWD) trades at 3,615.00 times trailing earnings, ranked against its peers, while Strategy (MSTR) has no P/E ratio this period.
CRWD
Software & Services industry group
3,615.00
- CRWD
- 3,615.00
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
MSTR
Software & Services industry group
--
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
- MSTR
- --
P/S Ratio (TTM)
Investors are paying well above the peer range per dollar of sales for both CrowdStrike (CRWD) at 41.16 and Strategy (MSTR) at 110.23 — each P/S ratio clears its industry’s benchmark range.
CRWD
Software & Services industry group
41.16
- CRWD
- 41.16
- Max
- 17.91
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
MSTR
Software & Services industry group
110.23
- MSTR
- 110.23
- Max
- 17.91
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
Strategy (MSTR) at 0.98 sits in the lower P/B ratio quartile relative to book while CrowdStrike (CRWD) at 43.53 prices above its industry range — a wide valuation gap against assets.
CRWD
Software & Services industry group
43.53
- CRWD
- 43.53
- Max
- 16.63
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
MSTR
Software & Services industry group
0.98
- Max
- 16.63
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- MSTR
- 0.98
- Min
- -3.90
Valuation Metrics
| Metric | CRWD | MSTR |
|---|---|---|
| P/E Ratio (TTM) | 3,615.00 | -- |
| P/S Ratio (TTM) | 41.16 | 110.23 |
| P/B Ratio (MRQ) | 43.53 | 0.98 |
| Free Cash Flow Yield (TTM) | 0.90% | -5.94% |