CrowdStrike (CRWD) vs Cloudflare, Inc. (NET)
CrowdStrike and Cloudflare, Inc. are both Software Infrastructure companies. CrowdStrike is the larger, with a market value of $265.1B against $128.1B — 2.1× the size. Cloudflare, Inc. has negative trailing earnings, so its P/E is not meaningful; CrowdStrike trades at 7,163×. Cloudflare, Inc. grew revenue faster over the last twelve months: 33.5% against 24.3%. CrowdStrike has the higher net margin (0.83% vs −8.21%) and the lower return on invested capital (−9.53% vs 0.00%). Across the 19 metrics below, CrowdStrike leads on 14 and Cloudflare, Inc. on 5.
Valuation
Profitability
| Metric | CRWD | NET | Software Infrastructure median |
|---|---|---|---|
| Gross margin | 75.19% | 72.58% | 61.23% |
| Operating margin | (2.46%) | (14.11%) | 0.00% |
| Net margin | 0.83% | (8.21%) | 0.00% |
| Free cash flow margin | 28.01% | 12.53% | 1.67% |
| Return on equity | 1.01% | (14.43%) | 0.59% |
| Return on assets | 0.42% | (3.43%) | 0.00% |
| Return on invested capital | (9.53%) | 0.00% | 0.00% |
Growth
Health
Dividend
Size
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