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NET vs. RBRK: Cloudflare vs. Rubrik Stock Comparison

How do Cloudflare (NET) and Rubrik (RBRK) 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

Cloudflare (NET) and Rubrik (RBRK) both fall under the Software & Services industry group, but NET is classified in IT Services while RBRK is classified in Software.

Cloudflare (NET) has been public since September 13, 2019, giving it a longer listed trading history, while Rubrik (RBRK) listed on April 25, 2024 and still has a shorter public-market record.

Company profile comparison for Cloudflare (NET) and Rubrik (RBRK)
Profile ItemNETRBRK
NameCloudflare, Inc. Class A Common StockRubrik Inc. Class A Common Stock
Country/RegionUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSoftware & ServicesSoftware & Services
GICS IndustryIT ServicesSoftware
GICS Sub-IndustryInternet Services & InfrastructureSystems Software
Market Capitalization96.32 billion USD21.77 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateSeptember 13, 2019April 25, 2024
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

NET
RBRK
GSPC
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Cloudflare (NET) vs. Rubrik (RBRK), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Cloudflare (NET) and Rubrik (RBRK). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Cloudflare (NET) and Rubrik (RBRK). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Cloudflare (NET) and Rubrik (RBRK)
MetricNETRBRK
Total Return (1Y)27.13%51.14%
Total Return (3Y, Annualized)68.21%--
Total Return (5Y, Annualized)7.66%--

Risk Profile

Drawdown History

NET
RBRK
GSPC
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Cloudflare (NET) vs. Rubrik (RBRK), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Cloudflare (NET) and Rubrik (RBRK). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Cloudflare (NET) and Rubrik (RBRK)
MetricNETRBRK
Volatility (1Y, Annualized)67.16%67.45%
Beta (5Y)1.341.23
Max Drawdown (5Y)-82.58%-56.08%
Avg. Volume (3M)3.45M3.35M

Risk-Adjusted Performance

Risk-Return Positioning

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NET and RBRK are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Cloudflare (NET) and Rubrik (RBRK)
MetricNETRBRK
Sharpe Ratio (1Y)0.340.69
Sortino Ratio (1Y)0.481.09

Profitability

ROE (TTM)

Rubrik (RBRK) has no ROE value reported for this period; Cloudflare (NET) reports a negative figure of -17.00%, which needs context because negative ROE can reflect losses or negative shareholders’ equity.

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%

RBRK

Software & Services industry group

--

Max
53.85%
Q3
17.90%
Median
6.59%
Q1
-9.59%
Min
-50.52%
RBRK
--
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Cloudflare (NET) vs. Rubrik (RBRK): RBRK does not report ROE, so it has no value marker; NET is benchmarked against the Software & Services industry group.

Net Margin (TTM)

Both Cloudflare (NET) at -8.75% and Rubrik (RBRK) at -16.50% report negative net margin values, usually indicating net losses over the period.

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%

RBRK

Software & Services industry group

-16.50%

Max
41.17%
Q3
15.28%
Median
4.63%
Q1
-5.42%
RBRK
-16.50%
Min
-33.17%
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Cloudflare (NET) vs. Rubrik (RBRK): A comparison of their net margin against the Software & Services industry group benchmark.

Operating Margin (TTM)

Both Cloudflare (NET) at -7.27% and Rubrik (RBRK) at -16.83% report negative operating margin values, usually indicating operating losses over the period.

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%

RBRK

Software & Services industry group

-16.83%

Max
46.89%
Q3
17.64%
Median
8.73%
Q1
-2.13%
RBRK
-16.83%
Min
-30.45%
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Cloudflare (NET) vs. Rubrik (RBRK): A comparison of their operating margin against the Software & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Cloudflare (NET) and Rubrik (RBRK)
MetricNETRBRK
ROE (TTM)-17.00%--
ROA (TTM)-2.00%-6.74%
Net Margin (TTM)-8.75%-16.50%
Operating Margin (TTM)-7.27%-16.83%
Gross Margin (TTM)71.90%80.21%

Growth

Revenue Growth

Both Cloudflare (NET) at 29.85% and Rubrik (RBRK) at 48.46% sit in the top peer quartile for revenue growth, so each is growing its top line faster than typical industry peers.

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Cloudflare (NET) vs. Rubrik (RBRK): A comparison of their Revenue Growth across different time periods.

EPS Growth

Neither Cloudflare (NET) nor Rubrik (RBRK) reports a EPS growth value for this period, so a direct comparison isn't possible.

Growth Metrics

Growth metrics for Cloudflare (NET) and Rubrik (RBRK)
MetricNETRBRK
Revenue Growth (YoY)29.85%48.46%
Revenue Growth (3Y CAGR)30.51%29.95%
EPS Growth (YoY)----
EPS Growth (3Y CAGR)----

Financial Strength

Current Ratio (MRQ)

Rubrik (RBRK) at 1.64 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.

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

RBRK

Software & Services industry group

1.64

Max
5.11
Q3
2.77
Median
1.67
RBRK
1.64
Q1
1.01
Min
0.03
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Cloudflare (NET) vs. Rubrik (RBRK): A comparison of their current ratio against the Software & Services industry group benchmark.

Debt / Equity (MRQ)

Only one side’s leverage can be read here: Cloudflare (NET) carries debt-to-equity ratio of 3.21 against its industry range, while Rubrik (RBRK) reports no figure this period.

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

RBRK

Software & Services industry group

--

Max
2.52
Q3
1.13
Median
0.40
Q1
0.07
Min
0.00
RBRK
--
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Cloudflare (NET) vs. Rubrik (RBRK): RBRK does not report debt-to-equity ratio, so it has no value marker; NET is benchmarked against the Software & Services industry group.

Financial Strength Metrics

Financial strength metrics for Cloudflare (NET) and Rubrik (RBRK)
MetricNETRBRK
Current Ratio (MRQ)3.801.64
Debt / Equity (MRQ)3.21--
Net Debt / EBITDA----

Dividends

Dividend Yield (TTM)

Neither Cloudflare (NET) nor Rubrik (RBRK) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

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%

RBRK

Software & Services industry group

0.00%

RBRK
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Cloudflare (NET) vs. Rubrik (RBRK): A comparison of their dividend yield against the Software & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Neither Cloudflare (NET) nor Rubrik (RBRK) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

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%

RBRK

Software & Services industry group

0.00%

RBRK
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Cloudflare (NET) vs. Rubrik (RBRK): A comparison of their payout ratio against the Software & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Cloudflare (NET) and Rubrik (RBRK)
MetricNETRBRK
Dividend Yield (TTM)0.00%0.00%
Dividend Payout Ratio (TTM)0.00%0.00%

Valuation

P/E Ratio (TTM)

Neither Cloudflare (NET) nor Rubrik (RBRK) reports a P/E ratio value for this period, so a direct comparison isn’t possible.

NET

Software & Services industry group

--

Max
112.94
Q3
60.32
Median
32.91
Q1
18.77
Min
6.69
NET
--

RBRK

Software & Services industry group

--

Max
112.94
Q3
60.32
Median
32.91
Q1
18.77
Min
6.69
RBRK
--
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Cloudflare (NET) vs. Rubrik (RBRK): Neither stock reports P/E ratio, so the chart shows available benchmark boxes without value markers.

P/S Ratio (TTM)

Both look expensive on sales: Rubrik (RBRK) at 14.11 sits in the upper P/S ratio quartile, and Cloudflare (NET) at 35.24 prices even higher, above its industry range.

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

RBRK

Software & Services industry group

14.11

Max
17.91
RBRK
14.11
Q3
8.78
Median
4.25
Q1
2.23
Min
0.02
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Cloudflare (NET) vs. Rubrik (RBRK): A comparison of their P/S ratio against the Software & Services industry group benchmark.

P/B Ratio (MRQ)

Rubrik (RBRK) reports a negative P/B ratio of -43.88, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Cloudflare (NET) reports 65.73, ranking against industry peers normally.

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

RBRK

Software & Services industry group

-43.88

Max
16.63
Q3
8.50
Median
4.30
Q1
1.92
Min
-3.90
RBRK
-43.88
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Cloudflare (NET) vs. Rubrik (RBRK): A comparison of their P/B ratio against the Software & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Cloudflare (NET) and Rubrik (RBRK)
MetricNETRBRK
P/E Ratio (TTM)----
P/S Ratio (TTM)35.2414.11
P/B Ratio (MRQ)65.73-43.88
Free Cash Flow Yield (TTM)0.83%2.20%