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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Cloudflare (NET) FCF Margin (2018 - 2025)

Cloudflare (NET) has disclosed FCF Margin for 8 consecutive years, with 33.47% as the latest value for Q4 2025.

  • Quarterly FCF Margin rose 3811.0% to 33.47% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 26.6% through Dec 2025, up 1490.0% year-over-year, with the annual reading at 26.6% for FY2025, 1490.0% up from the prior year.
  • FCF Margin hit 33.47% in Q4 2025 for Cloudflare, up from 31.42% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 33.47% in Q4 2025 to a low of 24.69% in Q1 2022.
  • Historically, FCF Margin has averaged 12.81% across 5 years, with a median of 16.07% in 2021.
  • Biggest five-year swings in FCF Margin: skyrocketed 7371bps in 2021 and later plummeted -3966bps in 2022.
  • Year by year, FCF Margin stood at 25.18% in 2021, then rose by 12bps to 28.24% in 2022, then plummeted by -110bps to 2.8% in 2023, then plummeted by -66bps to 4.64% in 2024, then soared by 821bps to 33.47% in 2025.
  • Business Quant data shows FCF Margin for NET at 33.47% in Q4 2025, 31.42% in Q3 2025, and 26.27% in Q2 2025.