Radware (RDWR) EV to FCF (2015 - 2026)
Radware's EV to FCF came in at 24.51 for the quarter ended Jun 30, 2026, up 49.9% from 16.35 a year earlier and up 28.9% from the prior quarter.
Radware (RDWR) EV to FCF (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Radware reported EV to FCF of 17.59, up 105.9% year-over-year; for the year ended Dec 31, 2025, it came in at 16.41, up 52.4% from the prior year.
- Going back by year, EV to FCF was 10.77 in the year ended Dec 31, 2024 (-96.4%), 299.54 in the year ended Dec 31, 2023, 18.91 in the year ended Dec 31, 2022 (-17.7%) and 22.98 in the year ended Dec 31, 2021 (+42.7%).
- The figure for the quarter ended Jun 30, 2026 represents the highest quarterly EV to FCF since the quarter ended Mar 31, 2024.
- Year-over-year, EV to FCF has increased for five consecutive quarters, with growth averaging 5.0% over the last eight quarters.
- The fastest year-over-year change in EV to FCF over five years came in the quarter ended Sep 30, 2023 (growth of 331.2%), and the weakest in the quarter ended Dec 31, 2024 (a decline of 96.6%).
- Business Quant data shows RDWR's EV to FCF at 19.01 (quarter ended Mar 31, 2026), 16.41 (quarter ended Dec 31, 2025) and 20.22 (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 323.81 Bn | 308.88 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 271.09 Bn | 251.53 Bn | 1.10 Bn |
| 3 | Fortinet | 131.14 Bn | 117.07 Bn | 1.64 Bn |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn |
| 5 | Datadog | 98.30 Bn | 79.94 Bn | 881.34 Mn |
| 6 | Okta | 34.95 Bn | 25.05 Bn | 641.00 Mn |
| 7 | Axon Enterprise | 34.32 Bn | 28.85 Bn | 546.45 Mn |
| 8 | Zscaler | 32.52 Bn | 18.64 Bn | - |
| 9 | Baidu | 29.56 Bn | -44.07 Bn | 1.47 Mn |
| 10 | Radware | 1.29 Bn | 858.57 Mn | 66.46 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.51 |
| Mar 31, 2026 | 19.01 |
| Dec 31, 2025 | 16.41 |
| Sep 30, 2025 | 20.22 |
| Jun 30, 2025 | 16.35 |
| Mar 31, 2025 | 10.21 |
| Dec 31, 2024 | 10.77 |
| Sep 30, 2024 | 11.39 |
| Jun 30, 2024 | 14.13 |
| Mar 31, 2024 | 26.68 |
| Dec 31, 2023 | 312.16 |
| Sep 30, 2023 | 69.34 |
| Jun 30, 2023 | 34.72 |
| Mar 31, 2023 | 17.86 |
| Dec 31, 2022 | 18.91 |
| Sep 30, 2022 | 16.08 |
| Jun 30, 2022 | 12.65 |
| Mar 31, 2022 | 26.88 |
| Dec 31, 2021 | 23.47 |
| Sep 30, 2021 | 21.65 |
Radware EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=RDWR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "RDWR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=RDWR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();