Growth Metrics

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

Clearwater Analytics Holdings posted quarterly Equity Ratio of 0.68 for Q1 2026, down 23.83% year-on-year from 0.89 in Q1 2025, and up 1.54% on a QoQ basis from 0.67 in Q4 2025.

Clearwater Analytics Holdings (CWAN) has 7 years of Equity Ratio data on file, last reported at 0.68 in Q1 2026.

  • For the quarter ending Q1 2026, Equity Ratio fell 23.83% year-over-year to 0.68; the trailing twelve-month figure through Mar 2026 stood at 0.68 (down 23.83% YoY), and the FY2025 full-year result was 0.67, down 24.3% from the prior year.
  • Equity Ratio for Q1 2026 stood at 0.68, up from 0.67 in the prior quarter.
  • Across five years, Equity Ratio topped out at 0.89 in Q1 2025 and bottomed at 0.66 in Q2 2025.
  • The 5-year median for Equity Ratio is 0.73 (2023), against an average of 0.73.
  • The widest annual swing landed in 2024, when Equity Ratio advanced 20.14%; it then dropped 24.3% in 2025.
  • A 5-year view of Equity Ratio shows it stood at 0.7 in 2022, then grew by 4.42% to 0.73 in 2023, then climbed by 20.14% to 0.88 in 2024, then dropped by 24.3% to 0.67 in 2025, then rose by 1.54% to 0.68 in 2026.
  • The last three Equity Ratio figures came in at 0.68 (Q1 2026), 0.67 (Q4 2025), and 0.66 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn 0.62
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 0.53
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 0.41
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 0.89
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 0.48
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 0.54
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 0.38
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 0.10
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 0.52
10 Clearwater Analytics Holdings 7.17 Bn 7.10 Bn 145.55 Mn 0.68

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 0.68
Dec 31, 2025 0.67
Sep 30, 2025 0.66
Jun 30, 2025 0.66
Mar 31, 2025 0.89
Dec 31, 2024 0.88
Sep 30, 2024 0.73
Jun 30, 2024 0.73
Mar 31, 2024 0.74
Dec 31, 2023 0.73
Sep 30, 2023 0.73
Jun 30, 2023 0.72
Mar 31, 2023 0.72
Dec 31, 2022 0.70
Dec 31, 2021 0.76
Dec 31, 2020 0.00