CrowdStrike Holdings (CRWD) Debt Ratio (2021 - 2026)
CrowdStrike Holdings' Debt Ratio came in at 0.06 for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 22.6% from 0.08 a year earlier and down 6.2% from the prior quarter.
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Analysis
CrowdStrike Holdings (CRWD) Debt Ratio (2021 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), CrowdStrike Holdings' Debt Ratio was 0.07, down 21.4% from FY2025.
- Debt Ratio has declined in each of the last five fiscal years.
- Going back by fiscal year, Debt Ratio was 0.09 in FY2025 (-23.5%), 0.11 in FY2024 (-24.2%), 0.15 in FY2023 (-27.9%) and 0.20 in FY2022 (-24.3%).
- The fiscal Q2 2027 figure represents the lowest quarterly Debt Ratio in data going back to fiscal Q4 2021.
- Year-over-year, Debt Ratio has declined for 19 consecutive quarters, with an average decline of 22.5% over the last eight quarters.
- Across the past five years, year-over-year decline in Debt Ratio ran from 21.4% in fiscal Q4 2026 to 27.9% in fiscal Q4 2023.
- Business Quant data shows CRWD's Debt Ratio at 0.07 (Q1 2027), 0.07 (Q4 2026) and 0.07 (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 305.41 Bn | 290.49 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 258.16 Bn | 238.60 Bn | 1.10 Bn | 0.06 |
| 3 | Fortinet | 127.25 Bn | 113.18 Bn | 1.64 Bn | 0.05 |
| 4 | Snowflake | 118.44 Bn | 105.76 Bn | 1.04 Bn | - |
| 5 | Datadog | 96.25 Bn | 77.89 Bn | 881.34 Mn | - |
| 6 | Axon Enterprise | 34.94 Bn | 29.46 Bn | 546.45 Mn | 0.23 |
| 7 | MongoDB | 33.06 Bn | 23.53 Bn | 569.77 Mn | - |
| 8 | Okta | 32.62 Bn | 22.72 Bn | 641.00 Mn | - |
| 9 | Zscaler | 31.48 Bn | 17.60 Bn | - | - |
| 10 | Baidu | 29.71 Bn | -43.91 Bn | 1.47 Mn | 0.15 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.06 |
| Apr 30, 2026 | 0.07 |
| Jan 31, 2026 | 0.07 |
| Oct 31, 2025 | 0.07 |
| Jul 31, 2025 | 0.08 |
| Apr 30, 2025 | 0.09 |
| Jan 31, 2025 | 0.09 |
| Oct 31, 2024 | 0.10 |
| Jul 31, 2024 | 0.10 |
| Apr 30, 2024 | 0.11 |
| Jan 31, 2024 | 0.11 |
| Oct 31, 2023 | 0.13 |
| Jul 31, 2023 | 0.13 |
| Apr 30, 2023 | 0.14 |
| Jan 31, 2023 | 0.15 |
| Oct 31, 2022 | 0.17 |
| Jul 31, 2022 | 0.18 |
| Apr 30, 2022 | 0.19 |
| Jan 31, 2022 | 0.20 |
| Oct 31, 2021 | 0.22 |
API Access
CrowdStrike Holdings Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=CRWD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "CRWD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=CRWD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();