CRWD vs. NET: CrowdStrike vs. Cloudflare Stock Comparison
How do CrowdStrike (CRWD) and Cloudflare (NET) 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 Cloudflare (NET) both fall under the Software & Services industry group, but CRWD is classified in Software while NET is classified in IT Services.
| Profile Item | CRWD | NET |
|---|---|---|
| Name | CrowdStrike Holdings, Inc. | Cloudflare, Inc. Class A Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | Software | IT Services |
| GICS Sub-Industry | Systems Software | Internet Services & Infrastructure |
| Market Capitalization | 222.09 billion USD | 96.32 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | June 12, 2019 | September 13, 2019 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CRWD | NET |
|---|---|---|
| Total Return (1Y) | 66.51% | 27.13% |
| Total Return (3Y, Annualized) | 67.65% | 68.21% |
| Total Return (5Y, Annualized) | 25.12% | 7.66% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CRWD | NET |
|---|---|---|
| Volatility (1Y, Annualized) | 57.45% | 67.16% |
| Beta (5Y) | 1.18 | 1.34 |
| Max Drawdown (5Y) | -67.69% | -82.58% |
| Avg. Volume (3M) | 9.95M | 3.45M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CRWD | NET |
|---|---|---|
| Sharpe Ratio (1Y) | 1.08 | 0.34 |
| Sortino Ratio (1Y) | 1.74 | 0.48 |
Profitability
ROE (TTM)
Cloudflare (NET) reports a negative ROE of -17.00%; 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%
NET
Software & Services industry group
-17.00%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- NET
- -17.00%
- Min
- -50.52%
Net Margin (TTM)
Cloudflare (NET) reports a negative net margin of -8.75%, usually indicating a net loss over the period. Meanwhile CrowdStrike (CRWD) reports 0.83%, ranking against industry peers normally.
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%
NET
Software & Services industry group
-8.75%
- Max
- 41.17%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- NET
- -8.75%
- Min
- -33.17%
Operating Margin (TTM)
Both CrowdStrike (CRWD) at -2.26% and Cloudflare (NET) at -7.27% 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%
NET
Software & Services industry group
-7.27%
- Max
- 46.89%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- NET
- -7.27%
- Min
- -30.45%
Profitability Metrics
| Metric | CRWD | NET |
|---|---|---|
| ROE (TTM) | 1.46% | -17.00% |
| ROA (TTM) | -0.78% | -2.00% |
| Net Margin (TTM) | 0.83% | -8.75% |
| Operating Margin (TTM) | -2.26% | -7.27% |
| Gross Margin (TTM) | 75.19% | 71.90% |
Growth
Revenue Growth
Cloudflare (NET) at 29.85% sits in the top revenue growth quartile, while CrowdStrike (CRWD) at 21.71% is closer to the peer norm — faster top-line expansion for NET.
EPS Growth
Neither CrowdStrike (CRWD) nor Cloudflare (NET) reports a EPS growth value for this period, so a direct comparison isn't possible.
Growth Metrics
| Metric | CRWD | NET |
|---|---|---|
| Revenue Growth (YoY) | 21.71% | 29.85% |
| Revenue Growth (3Y CAGR) | 29.01% | 30.51% |
| 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 Cloudflare (NET) at 3.80 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
NET
Software & Services industry group
3.80
- Max
- 5.11
- NET
- 3.80
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- Min
- 0.03
Debt / Equity (MRQ)
CrowdStrike (CRWD) at 0.16 is near its industry mid-range for debt-to-equity ratio, while Cloudflare (NET) at 3.21 sits above its benchmark range, pointing to a heavier debt load relative to equity.
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
NET
Software & Services industry group
3.21
- NET
- 3.21
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- Q1
- 0.07
- Min
- 0.00
Financial Strength Metrics
| Metric | CRWD | NET |
|---|---|---|
| Current Ratio (MRQ) | 1.57 | 3.80 |
| Debt / Equity (MRQ) | 0.16 | 3.21 |
| Net Debt / EBITDA | -39.24 | -- |
Dividends
Dividend Yield (TTM)
Neither CrowdStrike (CRWD) nor Cloudflare (NET) 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%
NET
Software & Services industry group
0.00%
- NET
- 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 Cloudflare (NET) 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%
NET
Software & Services industry group
0.00%
- NET
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CRWD | NET |
|---|---|---|
| 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 Cloudflare (NET) 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
NET
Software & Services industry group
--
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
- NET
- --
P/S Ratio (TTM)
Investors are paying well above the peer range per dollar of sales for both CrowdStrike (CRWD) at 41.16 and Cloudflare (NET) at 35.24 — 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
NET
Software & Services industry group
35.24
- NET
- 35.24
- Max
- 17.91
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
Measured against book value, both CrowdStrike (CRWD) at 43.53 and Cloudflare (NET) at 65.73 look expensive — each P/B ratio sits above its industry’s benchmark range.
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
NET
Software & Services industry group
65.73
- NET
- 65.73
- Max
- 16.63
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | CRWD | NET |
|---|---|---|
| P/E Ratio (TTM) | 3,615.00 | -- |
| P/S Ratio (TTM) | 41.16 | 35.24 |
| P/B Ratio (MRQ) | 43.53 | 65.73 |
| Free Cash Flow Yield (TTM) | 0.90% | 0.83% |