CRWD vs FFIV vs NET Stock Comparison

CrowdStrike Holdings, F5 and Cloudflare Prices as of Oct 26, 2026 Peers: Industry group
FFIV F5, Inc.
$461.60 +4.2% 1M +54.7% 1Y
Market cap
$26.55B
P/E
36.5x
Revenue (TTM)
$3.31B
Div. yield
–
Cybersecurity Software Technology
7 wins
NET Cloudflare, Inc.
$332.09 -4.8% 1M +52.4% 1Y
Market cap
$117.63B
P/E
–
Revenue (TTM)
$2.51B
Div. yield
–
Content Delivery Networks Technology
1 win

Head to Head

11 decided of 12

F5 leads on 7 of the 12 questions below (F5 7, CrowdStrike Holdings 3, Cloudflare 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCRWDFFIVNETLeader
Larger companyMarket capitalisation $271.76B $26.55B $117.63B CRWD
Cheaper on earningsLower P/E, profitable companies only 4,649x 36.5x -570.3x FFIV
Cheaper on forward earningsLower price / next fiscal year consensus EPS 196.9x 28.4x 255.5x FFIV
Faster revenue growthRevenue growth, trailing twelve months +24.3% +9.4% +33.5% NET
More profitableNet margin, trailing twelve months 1.1% 22.0% -8.2% FFIV
Better return on capitalReturn on invested capital -2.1% — -12.4% CRWD
Less leveragedLower net debt / EBITDA -6.5x — 252.9x CRWD
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -50.3% +54.7% +52.4% FFIV
Better 5-year returnAnnualised price return, 5 years -1.3%/yr +16.4%/yr +13.2%/yr FFIV
Less volatileAnnualised volatility, 1 year 150.7% 35.1% 67.1% FFIV
Higher overall scoreMean of the five percentile scores vs peers 58/100 64/100 50/100 FFIV

Percentile Scorecard

CRWDFFIVNET

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCRWDFFIVNET
Valuation 21 #98 of 124 75 #32 of 124 16 #32 of 38
Growth 88 #15 of 113 40 #68 of 113 66 #13 of 36
Profitability 67 #37 of 110 94 #8 of 110 46 #19 of 34
Financial Health 62 #50 of 129 52 #63 of 129 60 #16 of 38
Shareholder Returns 55 #31 of 67 59 #28 of 67 65 #8 of 21
Overall 58 64 50
  • CRWD ranked among 137 companies in Infrastructure Software
  • FFIV ranked among 137 companies in Infrastructure Software
  • NET ranked among 39 companies in Cloud Computing

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCRWDFFIVNETSPY
1 month +3.8%+4.2%-4.8% -0.8%
3 months +45.4%+13.1%+25.0% +3.5%
6 months -42.4%+55.0%+56.4% +7.0%
Year to date -44.1%+80.8%+68.4% +12.2%
1 year -50.3%+54.7%+52.4% +13.0%
3 years +51.5%+208.2%+500.0% +86.3%
3 years, per year +14.9%+45.6%+81.8% +23.1%
5 years -6.2%+113.7%+85.9% +68.6%
5 years, per year -1.3%+16.4%+13.2% +11.0%
10 years —+286.1%— +258.0%
10 years, per year —+14.5%— +13.6%

Risk

MeasureCRWDFFIVNETSPY
Volatility, 1Y 150.7%35.1%67.1% 12.7%
Downside volatility, 1Y 209.2%34.6%69.3% 12.7%
Beta vs S&P 500, 1Y 1.701.081.60 1.00
Return / volatility, 1Y -0.331.560.78 1.02
Max drawdown, 5Y -77.1%-47.4%-82.6% -25.4%
From 52-week high -66.5%-3.8%-8.0% -1.8%
52-week high $782.17$479.83$360.95 $779.14
52-week low $179.38$223.99$160.19 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCRWDFFIVNET
P/E now vs peer median 4,566xmedian 38.1x 36.0xmedian 38.1x -570.5xmedian 29.6x
P/S now vs peer median 49.7xmedian 4.3x 7.9xmedian 4.3x 42.6xmedian 4.2x
EV/EBITDA now vs peer median 400.0xmedian 35.4x 27.1xmedian 35.4x -9,176xmedian 24.2x
P/FCF now vs peer median 166.7xmedian 27.1x 27.1xmedian 27.1x 307.1xmedian 15.1x
P/B now vs peer median 52.2xmedian 3.4x 6.8xmedian 3.4x 66.0xmedian 3.9x
PEG now vs peer median 122.89median 1.27 1.13median 1.27 -131.34median 0.38

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCRWDFFIVNET
Revenue $5.40B $3.31B $2.51B
Gross profit $4.06B $2.71B $1.82B
Operating income -$119.49M $812.13M -$354.38M
Net income $77.40M $726.51M -$206.28M
Free cash flow $1.61B $969.60M $348.41M
R&D $1.56B $593.25M $573.30M
EPS (diluted) $0.06 $12.62 $-0.58
Cash & equivalents $5.01B $1.61B $1.66B
Total debt $2.98B – $1.29B
Shares (diluted) 1.04B 57.55M 354.33M
Enterprise value $252.16B $20.96B $101.16B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCRWDFFIVNET
P/E 4,566x 36.0x -570.5x
P/FCF 166.7x 27.1x 307.1x
P/Operating cash flow 132.9x 25.0x 168.9x
P/S 49.7x 7.9x 42.6x
P/B 52.2x 6.8x 66.0x
P/Tangible book 55.1x 6.8x 68.5x
EV/EBITDA 400.0x 27.1x -9,176x
EV/EBIT -2,208x 30.3x -293.8x
EV/Revenue 48.9x 7.4x 41.4x
EV/FCF 164.0x 25.4x 298.9x
EV/Operating cash flow 130.8x 23.5x 164.4x
PEG (3Y EPS CAGR) 122.89 1.13 -131.34

Growth

14 metrics
MetricCRWDFFIVNET
Revenue growth (1Y) 24.3% 9.4% 33.5%
Revenue CAGR (3Y) 26.9% 5.7% 30.6%
Gross profit growth (1Y) 26.2% 10.5% 27.3%
Gross profit CAGR (3Y) 27.6% 7.1% 28.9%
Operating income growth (1Y) 66.9% 8.1% -90.5%
Operating income CAGR (3Y) 7.9% 25.8% -21.0%
Net income growth (1Y) 127.3% 8.9% -76.2%
Net income CAGR (3Y) 41.4% 29.8% 2.3%
EPS growth (1Y) 120.0% 10.7% -72.8%
EPS CAGR (3Y) 37.2% 31.9% 4.3%
Operating cash flow growth (1Y) 45.2% 6.2% 32.6%
Operating cash flow CAGR (3Y) 23.8% 19.3% 41.9%
Free cash flow growth (1Y) 45.4% 1.5% 67.1%
Free cash flow CAGR (3Y) 24.1% 19.3% 61.1%

Profitability

14 metrics
MetricCRWDFFIVNET
Gross margin 75.2% 81.9% 72.6%
EBITDA margin 12.2% 27.5% -0.5%
Operating margin -2.2% 24.5% -14.1%
Pretax margin 1.4% 25.8% -7.9%
Net margin 1.1% 22.0% -8.2%
FCF margin 29.8% 29.3% 13.9%
Operating cash flow margin 37.4% 31.7% 25.2%
Return on equity 1.6% 19.4% -13.1%
Return on assets 0.7% 10.9% -3.3%
Return on invested capital -2.1% – -12.4%
Return on capital employed -1.7% 16.6% -9.6%
Asset turnover 0.5x 0.5x 0.4x
Cash conversion (OCF / net income) 26.1x 1.4x -3.1x
Stock comp / revenue 23.1% 7.6% 20.2%

Financial Health

11 metrics
MetricCRWDFFIVNET
Debt / assets 6.2% – 20.0%
Debt / equity 0.1x – 0.8x
Net debt / EBITDA -6.5x – 252.9x
Debt / FCF 0.5x – 3.7x
Liabilities / assets 57.3% 43.5% 75.0%
Equity / assets 42.7% 56.5% 25.0%
Interest coverage -4.5x – -30.9x
Current ratio 1.6x 1.7x 1.8x
Quick ratio 1.4x 1.5x 1.8x
Cash ratio 1.1x 0.9x 1.6x
Altman Z-score 23.88 7.16 13.53

Shareholder Returns

7 metrics
MetricCRWDFFIVNET
Dividend yield – – –
Net buyback yield 0.0% 0.6% 0.0%
Shareholder yield 0.0% 0.6% 0.0%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCRWDFFIVNET
Forward P/E 196.9xFY2026 28.4xFY2026 255.5xFY2026
EPS, next fiscal year $1.33FY2026 $16.24FY2026 $1.30FY2026
EPS growth, next FY +43.0%FY2026 +2.7%FY2026 +39.8%FY2026
EPS growth, the year after +23.3% +5.0% +22.3%
Revenue, next fiscal year $6.28BFY2026 $3.52BFY2026 $3.02BFY2026
Revenue growth, next FY +30.5%FY2026 +13.8%FY2026 +39.0%FY2026
Revenue growth, the year after +22.3% +6.4% +16.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCRWDFFIVNET
Held by institutions 77.4% 96.6% 88.2%
Institutions holding 2,432 831 1,219
Change in shares held, QoQ +12.2% -2.6% +2.8%
Institutions buying 1,374 483 704
Institutions selling 837 240 378
Buyers to sellers 1.64 2.01 1.86

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CRWDFFIVNET
CRWD 1.00 0.26 0.24
FFIV 0.26 1.00 0.31
NET 0.24 0.31 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CRWD, FFIV and NET?

CrowdStrike Holdings (CRWD) is the largest by market capitalisation: CrowdStrike Holdings (CRWD) $271.76B, F5 (FFIV) $26.55B, Cloudflare (NET) $117.63B.

Which stock is cheaper, CRWD, FFIV and NET?

F5 (FFIV) trades on the lowest price-to-earnings ratio (CrowdStrike Holdings (CRWD) 4,649x, F5 (FFIV) 36.5x, Cloudflare (NET) -570.3x). On next year's consensus earnings, F5 (FFIV) is cheapest (CrowdStrike Holdings (CRWD) 196.9x, F5 (FFIV) 28.4x, Cloudflare (NET) 255.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Cloudflare (NET) grew revenue fastest over the trailing twelve months: CrowdStrike Holdings (CRWD) +24.3%, F5 (FFIV) +9.4%, Cloudflare (NET) +33.5%.

Which company is more profitable?

F5 (FFIV) has the highest net margin (CrowdStrike Holdings (CRWD) 1.1%, F5 (FFIV) 22.0%, Cloudflare (NET) -8.2%). On return on invested capital, CrowdStrike Holdings (CRWD) leads (CrowdStrike Holdings (CRWD) -2.1%, Cloudflare (NET) -12.4%).

Which stock has performed better?

Over the past year F5 (FFIV) returned the most: CrowdStrike Holdings (CRWD) -50.3%, F5 (FFIV) +54.7%, Cloudflare (NET) +52.4%. Over five years, F5 (FFIV) compounded fastest (CrowdStrike Holdings (CRWD) -1.3%/yr, F5 (FFIV) +16.4%/yr, Cloudflare (NET) +13.2%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, F5 (FFIV) has been the steadiest (CrowdStrike Holdings (CRWD) 150.7%, F5 (FFIV) 35.1%, Cloudflare (NET) 67.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CRWD, FFIV and NET?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, F5 (FFIV) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.