Clearwater Analytics Holdings (CWAN) Debt to Equity (2020 - 2026)
Clearwater Analytics Holdings (CWAN) reported Debt to Equity of $0.39 for Q1 2026, up 947.4% on a YoY basis from $0.04 in Q1 2025, and down 3.32% quarter-over-quarter from $0.4 in Q4 2025.
Clearwater Analytics Holdings (CWAN) Debt to Equity (2020 - 2026) Analysis & Trends
Clearwater Analytics Holdings has reported Debt to Equity for 7 years, with the latest figure at $0.39 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity rose 947.4% year-over-year to $0.39; the trailing twelve-month figure through Mar 2026 stood at $0.39 (up 947.4% YoY), and the FY2025 full-year result was $0.4, up 861.74% from the prior year.
- Debt to Equity for Q1 2026 stood at $0.39, down from $0.4 in the prior quarter.
- The five-year high for Debt to Equity was $0.44 in Q2 2025, with the low at $0.04 in Q1 2025.
- Historically, Debt to Equity has averaged $0.19 across 5 years, with a median of $0.12 in 2023.
- Annual changes were most pronounced in 2025 — Debt to Equity slumped 66.55% — and 2026, when it surged 947.4%.
- Clearwater Analytics Holdings' Debt to Equity stood at $0.14 in 2022, then declined by 21.94% to $0.11 in 2023, then sank by 62.55% to $0.04 in 2024, then surged by 861.74% to $0.4 in 2025, then decreased by 3.32% to $0.39 in 2026.
- The last three Debt to Equity figures came in at $0.39 (Q1 2026), $0.4 (Q4 2025), and $0.42 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 257.53 Bn | 239.56 Bn | 8.16 Bn | 0.13 |
| 2 | Full Truck Alliance | 171.61 Bn | 169.06 Bn | - | 0.00 |
| 3 | Salesforce | 152.15 Bn | 140.31 Bn | 8.56 Bn | 1.15 |
| 4 | Uber Technologies | 144.45 Bn | 143.41 Bn | 11.88 Bn | 0.42 |
| 5 | Shopify | 144.09 Bn | 138.34 Bn | 1.55 Bn | - |
| 6 | ServiceNow | 110.55 Bn | 105.37 Bn | 2.83 Bn | - |
| 7 | Cadence Design Systems | 106.32 Bn | 104.91 Bn | 1.26 Bn | 0.44 |
| 8 | Adobe | 97.77 Bn | 90.88 Bn | 5.73 Bn | 0.07 |
| 9 | Automatic Data Processing | 93.39 Bn | 90.16 Bn | 2.87 Bn | 0.63 |
| 10 | Clearwater Analytics Holdings | 7.18 Bn | 7.11 Bn | 145.55 Mn | 0.39 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.39 |
| Dec 31, 2025 | 0.40 |
| Sep 30, 2025 | 0.42 |
| Jun 30, 2025 | 0.44 |
| Mar 31, 2025 | 0.04 |
| Dec 31, 2024 | 0.04 |
| Sep 30, 2024 | 0.10 |
| Jun 30, 2024 | 0.11 |
| Mar 31, 2024 | 0.11 |
| Dec 31, 2023 | 0.11 |
| Sep 30, 2023 | 0.12 |
| Jun 30, 2023 | 0.13 |
| Mar 31, 2023 | 0.14 |
| Dec 31, 2022 | 0.14 |
| Dec 31, 2021 | 0.20 |
| Dec 31, 2020 | 7,272.88 |