NET vs AKAM Stock Comparison

Cloudflare and Akamai Technologies Prices as of Oct 23, 2026 Peers: Industry group
NET Cloudflare, Inc.
$326.00 -7.4% 1M +50.1% 1Y
Market cap
$117.97B
P/E
–
Revenue (TTM)
$2.51B
Div. yield
–
Content Delivery Networks Technology
4 wins
AKAM Akamai Technologies Inc
$93.53 -21.0% 1M +25.4% 1Y
Market cap
$14.24B
P/E
34.6x
Revenue (TTM)
$4.32B
Div. yield
–
Content Delivery Networks Technology
5 wins

Head to Head

9 decided of 12

Akamai Technologies leads on 5 of the 12 questions below (Akamai Technologies 5, Cloudflare 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionNETAKAMLeader
Larger companyMarket capitalisation $117.97B $14.24B NET
Cheaper on earningsLower P/E, profitable companies only -571.9x 34.6x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 250.8x 14.8x AKAM
Faster revenue growthRevenue growth, trailing twelve months +33.5% +5.9% NET
More profitableNet margin, trailing twelve months -8.2% 9.5% AKAM
Better return on capitalReturn on invested capital -12.4% — –
Less leveragedLower net debt / EBITDA 252.9x -1.4x AKAM
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +50.1% +25.4% NET
Better 5-year returnAnnualised price return, 5 years +12.5%/yr -2.8%/yr NET
Less volatileAnnualised volatility, 1 year 67.0% 61.1% AKAM
Higher overall scoreMean of the five percentile scores vs peers 49/100 62/100 AKAM

Percentile Scorecard

NETAKAM

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

AxisNETAKAM
Valuation 14 #33 of 38 87 #6 of 38
Growth 66 #13 of 36 14 #31 of 36
Profitability 46 #19 of 34 79 #8 of 34
Financial Health 60 #16 of 38 78 #9 of 38
Shareholder Returns 62 #9 of 22 52 #11 of 22
Overall 49 62
  • NET ranked among 39 companies in Cloud Computing
  • AKAM ranked among 39 companies in Cloud Computing

Price Performance

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

Returns

PeriodNETAKAMSPY
1 month -7.4%-21.0% -1.0%
3 months +24.3%-18.9% +2.9%
6 months +57.4%-1.8% +6.4%
Year to date +65.4%+7.2% +11.4%
1 year +50.1%+25.4% +13.1%
3 years +446.7%-10.3% +79.4%
3 years, per year +76.2%-3.6% +21.5%
5 years +79.8%-13.3% +67.7%
5 years, per year +12.5%-2.8% +10.9%
10 years —+62.2% +255.2%
10 years, per year —+5.0% +13.5%

Risk

MeasureNETAKAMSPY
Volatility, 1Y 67.0%61.1% 12.7%
Downside volatility, 1Y 69.3%58.4% 12.7%
Beta vs S&P 500, 1Y 1.601.38 1.00
Return / volatility, 1Y 0.750.41 1.03
Max drawdown, 5Y -82.6%-46.8% -25.4%
From 52-week high -9.7%-42.0% -2.5%
52-week high $360.95$161.14 $779.14
52-week low $160.19$71.97 $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.

MultipleNETAKAM
P/E now vs peer median -560.0xmedian 29.1x 32.9xmedian 29.1x
P/S now vs peer median 41.8xmedian 4.5x 3.1xmedian 4.5x
EV/EBITDA now vs peer median -9,003xmedian 21.5x 9.9xmedian 21.5x
P/FCF now vs peer median 301.5xmedian 17.3x 14.0xmedian 17.3x
P/B now vs peer median 64.8xmedian 3.9x 2.8xmedian 3.9x
PEG now vs peer median -128.93median 0.33 -6.60median 0.33

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 monthsNETAKAM
Revenue $2.51B $4.32B
Gross profit $1.82B $2.48B
Operating income -$354.38M $455.68M
Net income -$206.28M $410.97M
Free cash flow $348.41M $956.10M
R&D $573.30M $554.57M
EPS (diluted) $-0.58 $2.67
Cash & equivalents $1.66B $1.48B
Total debt $5.17B $1.71B
Shares (diluted) 354.33M 153.69M
Enterprise value $101.50B $7.65B

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
MetricNETAKAM
P/E -560.0x 32.9x
P/FCF 301.5x 14.0x
P/Operating cash flow 165.8x 9.3x
P/S 41.8x 3.1x
P/B 64.8x 2.8x
P/Tangible book 67.2x 3.2x
EV/EBITDA -9,003x 9.9x
EV/EBIT -288.3x 25.9x
EV/Revenue 40.7x 2.7x
EV/FCF 293.2x 12.3x
EV/Operating cash flow 161.3x 8.1x
PEG (3Y EPS CAGR) -128.93 -6.60

Growth

14 metrics
MetricNETAKAM
Revenue growth (1Y) 33.5% 5.9%
Revenue CAGR (3Y) 30.6% 5.7%
Gross profit growth (1Y) 27.3% 2.9%
Gross profit CAGR (3Y) 28.9% 3.8%
Operating income growth (1Y) -90.5% -13.2%
Operating income CAGR (3Y) -21.0% -9.0%
Net income growth (1Y) -76.2% -3.2%
Net income CAGR (3Y) 2.3% -4.9%
EPS growth (1Y) -72.8% -8.5%
EPS CAGR (3Y) 4.3% -5.0%
Operating cash flow growth (1Y) 32.6% 0.0%
Operating cash flow CAGR (3Y) 41.9% 3.4%
Free cash flow growth (1Y) 67.1% 16.6%
Free cash flow CAGR (3Y) 61.1% 0.5%

Profitability

14 metrics
MetricNETAKAM
Gross margin 72.6% 57.5%
EBITDA margin -0.5% 27.6%
Operating margin -14.1% 10.5%
Pretax margin -7.9% 11.5%
Net margin -8.2% 9.5%
FCF margin 13.9% 22.1%
Operating cash flow margin 25.2% 33.5%
Return on equity -13.1% 8.5%
Return on assets -3.3% 3.1%
Return on invested capital -12.4% –
Return on capital employed -9.6% 4.3%
Asset turnover 0.4x 0.3x
Cash conversion (OCF / net income) -3.1x 3.5x
Stock comp / revenue 20.2% 11.8%

Financial Health

11 metrics
MetricNETAKAM
Debt / assets 20.0% 11.3%
Debt / equity 0.8x 0.4x
Net debt / EBITDA 252.9x -1.4x
Debt / FCF 3.7x 1.8x
Liabilities / assets 75.0% 68.5%
Equity / assets 25.0% 31.5%
Interest coverage -30.9x 13.7x
Current ratio 1.8x 1.6x
Quick ratio 1.8x 1.5x
Cash ratio 1.6x 1.2x
Altman Z-score 13.29 1.65

Shareholder Returns

7 metrics
MetricNETAKAM
Dividend yield – –
Net buyback yield -0.1% -0.8%
Shareholder yield -0.1% -0.8%
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.

ConsensusNETAKAM
Forward P/E 250.8xFY2026 14.8xFY2026
EPS, next fiscal year $1.30FY2026 $6.32FY2026
EPS growth, next FY +39.8%FY2026 -11.2%FY2026
EPS growth, the year after +21.5% -0.3%
Revenue, next fiscal year $3.02BFY2026 $4.28BFY2026
Revenue growth, next FY +39.0%FY2026 +1.8%FY2026
Revenue growth, the year after +16.4% +27.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNETAKAM
Held by institutions 88.2% 100.0%
Institutions holding 1,219 801
Change in shares held, QoQ +2.8% +3.5%
Institutions buying 704 430
Institutions selling 378 282
Buyers to sellers 1.86 1.52

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.

NETAKAM
NET 1.00 0.27
AKAM 0.27 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, NET and AKAM?

Cloudflare (NET) is the largest by market capitalisation: Cloudflare (NET) $117.97B, Akamai Technologies (AKAM) $14.24B.

Which company is growing faster?

Cloudflare (NET) grew revenue fastest over the trailing twelve months: Cloudflare (NET) +33.5%, Akamai Technologies (AKAM) +5.9%.

Which company is more profitable?

Akamai Technologies (AKAM) has the highest net margin (Cloudflare (NET) -8.2%, Akamai Technologies (AKAM) 9.5%).

Which stock has performed better?

Over the past year Cloudflare (NET) returned the most: Cloudflare (NET) +50.1%, Akamai Technologies (AKAM) +25.4%. Over five years, Cloudflare (NET) compounded fastest (Cloudflare (NET) +12.5%/yr, Akamai Technologies (AKAM) -2.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Akamai Technologies (AKAM) has been the steadiest (Cloudflare (NET) 67.0%, Akamai Technologies (AKAM) 61.1%). Volatility measures how widely the price swings, not the risk of the business.

Do NET and AKAM move together?

Their daily returns over the past year have a correlation of 0.27, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, NET and AKAM?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Akamai Technologies (AKAM) leads on 5. 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.