Cloudflare (NET) Return on Capital Employed (2019 - 2026)
Cloudflare (NET) reported Return on Capital Employed of 5.85% for Q1 2026, down 15.0% on a YoY basis from 6.89% in Q1 2025, and down 0.59% sequentially from 5.82% in Q4 2025.
Cloudflare (NET) Return on Capital Employed (2019 - 2026) Analysis & Trends
Cloudflare (NET) has 8 years of Return on Capital Employed data on file, last reported at 5.85% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed fell 15.0% year-over-year to 5.85%; the trailing twelve-month figure through Mar 2026 stood at 5.85% (down 15.0% YoY), and the FY2025 full-year result was 8.94%, down 202.0% from the prior year.
- Return on Capital Employed slipped to 5.85% in Q1 2026, from 5.82% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 4.92% in Q2 2025 to a low of 9.55% in Q1 2023.
- A 5-year average of 7.52% and a median of 7.57% in 2024 frame the typical range for Return on Capital Employed.
- Across the five-year window, Return on Capital Employed slumped 318 bps in 2022 and surged 303 bps in 2025, its largest moves.
- Tracing NET's Return on Capital Employed over 5 years: stood at 9.4% in 2022, then rose by 6 bps to 8.8% in 2023, then advanced by 26 bps to 6.48% in 2024, then gained by 10 bps to 5.82% in 2025, then dropped by 1 bps to 5.85% in 2026.
- Business Quant data shows NET's Return on Capital Employed at 5.85% in Q1 2026, 5.82% in Q4 2025, and 5.58% in Q3 2025.
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Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -5.85% |
| Dec 31, 2025 | -5.82% |
| Sep 30, 2025 | -5.58% |
| Jun 30, 2025 | -4.92% |
| Mar 31, 2025 | -5.70% |
| Dec 31, 2024 | -6.48% |
| Sep 30, 2024 | -6.94% |
| Jun 30, 2024 | -7.57% |
| Mar 31, 2024 | -8.74% |
| Dec 31, 2023 | -8.80% |
| Sep 30, 2023 | -9.28% |
| Jun 30, 2023 | -9.41% |
| Mar 31, 2023 | -9.55% |
| Dec 31, 2022 | -9.40% |
| Sep 30, 2022 | -8.95% |
| Jun 30, 2022 | -8.28% |
| Mar 31, 2022 | -6.54% |
| Dec 31, 2021 | -6.21% |
| Sep 30, 2021 | -6.73% |
| Jun 30, 2021 | -8.66% |