Clearwater Analytics Holdings (CWAN) Debt Ratio (2020 - 2026)
Clearwater Analytics Holdings posted quarterly Debt Ratio of 0.26 for Q1 2026, up 697.78% year-on-year from 0.03 in Q1 2025, and down 1.83% on a QoQ basis from 0.27 in Q4 2025.
Clearwater Analytics Holdings (CWAN) has 7 years of Debt Ratio data on file, last reported 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.
- Across five years, Debt Ratio topped out at 0.29 in Q2 2025 and bottomed at 0.03 in Q1 2025.
- The 5-year median for Debt Ratio is 0.1 (2023), against an average of 0.13.
- The widest annual swing landed in 2025, when Debt Ratio tumbled 59.9%; it then jumped 697.78% in 2026.
- A 5-year view of Debt Ratio shows it stood at 0.1 in 2022, then dropped by 18.48% to 0.08 in 2023, then plunged by 55.0% to 0.04 in 2024, then soared by 628.04% to 0.27 in 2025, then declined 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 | 253.17 Bn | 235.20 Bn | 8.16 Bn | 0.08 |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 0.13 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 0.18 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | - |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | - |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 0.24 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 0.03 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 0.06 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 0.16 |
| 10 | Clearwater Analytics Holdings | 7.17 Bn | 7.10 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 |