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

Clearwater Analytics Holdings (CWAN) reported Equity Ratio of 0.68 for Q1 2026, down 23.83% on a YoY basis from 0.89 in Q1 2025, and up 1.54% quarter-over-quarter from 0.67 in Q4 2025.

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

Clearwater Analytics Holdings has reported Equity Ratio for 7 years, with the latest figure 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.
  • The five-year high for Equity Ratio was 0.89 in Q1 2025, with the low at 0.66 in Q2 2025.
  • Historically, Equity Ratio has averaged 0.73 across 5 years, with a median of 0.73 in 2023.
  • Annual changes were most pronounced in 2024 — Equity Ratio advanced 20.14% — and 2025, when it dropped 24.3%.
  • Clearwater Analytics Holdings' Equity Ratio stood at 0.7 in 2022, then climbed by 4.42% to 0.73 in 2023, then advanced by 20.14% to 0.88 in 2024, then slipped by 24.3% to 0.67 in 2025, then increased 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 238.14 Bn 220.17 Bn 8.16 Bn 0.62
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 0.90
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 0.41
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 0.89
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 0.32
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 0.54
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 0.48
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 0.10
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 0.38
10 Clearwater Analytics Holdings 7.15 Bn 7.07 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