Clearwater Analytics Holdings (CWAN) Debt Ratio (2020 - 2026)
Clearwater Analytics Holdings (CWAN) reported Debt Ratio of 0.26 for Q1 2026, up 697.78% on a YoY basis from 0.03 in Q1 2025, and down 1.83% quarter-over-quarter from 0.27 in Q4 2025.
Clearwater Analytics Holdings (CWAN) Debt Ratio (2020 - 2026) Analysis & Trends
Clearwater Analytics Holdings has reported Debt Ratio for 7 years, with the latest figure at 0.26 in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio rose 697.78% year-over-year to 0.26; the trailing twelve-month figure through Mar 2026 stood at 0.26 (up 697.78% YoY), and the FY2025 full-year result was 0.27, up 628.04% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.26, down from 0.27 in the prior quarter.
- The five-year high for Debt Ratio was 0.29 in Q2 2025, with the low at 0.03 in Q1 2025.
- Historically, Debt Ratio has averaged 0.13 across 5 years, with a median of 0.1 in 2023.
- Annual changes were most pronounced in 2025 — Debt Ratio sank 59.9% — and 2026, when it jumped 697.78%.
- Clearwater Analytics Holdings' Debt Ratio stood at 0.1 in 2022, then slipped by 18.48% to 0.08 in 2023, then sank by 55.0% to 0.04 in 2024, then surged by 628.04% to 0.27 in 2025, then dropped by 1.83% to 0.26 in 2026.
- The last three Debt Ratio figures came in at 0.26 (Q1 2026), 0.27 (Q4 2025), and 0.28 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 0.08 |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 0.00 |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 0.18 |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | - |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 0.37 |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 0.24 |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | - |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 0.06 |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 0.06 |
| 10 | Clearwater Analytics Holdings | 7.15 Bn | 7.07 Bn | 145.55 Mn | 0.26 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.26 |
| Dec 31, 2025 | 0.27 |
| Sep 30, 2025 | 0.28 |
| Jun 30, 2025 | 0.29 |
| Mar 31, 2025 | 0.03 |
| Dec 31, 2024 | 0.04 |
| Sep 30, 2024 | 0.07 |
| Jun 30, 2024 | 0.08 |
| Mar 31, 2024 | 0.08 |
| Dec 31, 2023 | 0.08 |
| Sep 30, 2023 | 0.09 |
| Jun 30, 2023 | 0.09 |
| Mar 31, 2023 | 0.10 |
| Dec 31, 2022 | 0.10 |
| Sep 30, 2022 | 0.12 |
| Jun 30, 2022 | 0.12 |
| Mar 31, 2022 | 0.13 |
| Dec 31, 2021 | 0.15 |
| Sep 30, 2021 | 0.16 |
| Dec 31, 2020 | 3.65 |