Clearwater Analytics Holdings CWAN
CWAN
$24.56 +0.00 (+0.00%)
At close: Jul 2, 2026 · 4:00 PM EDT

Clearwater Analytics Holdings (CWAN) Debt Ratio (2020 - 2026)

Clearwater Analytics Holdings' (CWAN) quarterly Debt Ratio came in at 0.27 in Q1 2026, up 656.8% on a YoY basis from 0.04 in Q1 2025, and down 1.81% quarter-over-quarter from 0.27 in Q4 2025.

Analysis

Clearwater Analytics Holdings (CWAN) Debt Ratio (2020 - 2026) Analysis & Trends

Clearwater Analytics Holdings (CWAN) has reported Debt Ratio for 7 consecutive years, with 0.27 the latest figure, recorded in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio rose 656.8% year-over-year to 0.27; the trailing twelve-month figure through Mar 2026 stood at 0.27 (up 656.8% YoY), and the FY2025 full-year result was 0.27, up 591.15% from the prior year.
  • Debt Ratio retreated to 0.27 in Q1 2026 per CWAN's latest filing, from 0.27 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.29 in Q2 2025 and bottomed at 0.04 in Q1 2025.
  • Historically, Debt Ratio has averaged 0.14 across 5 years, with a median of 0.1 in 2023.
  • The sharpest annual moves came in 2025 and 2026: Debt Ratio tumbled 59.75% in 2025, then jumped 656.8% in 2026.
  • Over 5 years, Debt Ratio stood at 0.11 in 2022, then fell by 18.23% to 0.09 in 2023, then slumped by 54.85% to 0.04 in 2024, then jumped by 591.15% to 0.27 in 2025, then dropped by 1.81% to 0.27 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.27, 0.27, and 0.28 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Intuit 91.01 Bn 84.23 Bn 7.24 Bn 0.18
2 Clearwater Analytics Holdings 7.30 Bn 7.22 Bn 145.55 Mn 0.27
3 Navan 7.02 Bn 6.34 Bn 163.06 Mn 0.00
4 BILL Holdings 4.52 Bn 2.59 Bn 356.19 Mn 0.04
5 Blackline 1.91 Bn 1.41 Bn 142.68 Mn -
6 Expensify 218.72 Mn 152.96 Mn 16.33 Mn -
7 Ankam 27.35 Mn 27.34 Mn 44,900.00 -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 0.27
Dec 31, 2025 0.27
Sep 30, 2025 0.28
Jun 30, 2025 0.29
Mar 31, 2025 0.04
Dec 31, 2024 0.04
Sep 30, 2024 0.07
Jun 30, 2024 0.08
Mar 31, 2024 0.09
Dec 31, 2023 0.09
Sep 30, 2023 0.09
Jun 30, 2023 0.10
Mar 31, 2023 0.10
Dec 31, 2022 0.11
Sep 30, 2022 0.12
Jun 30, 2022 0.13
Mar 31, 2022 0.14
Dec 31, 2021 0.16
Sep 30, 2021 0.17
Dec 31, 2020 3.68