Cloudflare Inc (NET) — Cash Flow Reinvestment Rate

Latest as of September 2025: 4.27x

Cloudflare Inc (NET) has a Cash Flow Reinvestment Rate of 4.27x as of September 2025, reinvesting $714.16 Million (capex $84.64 Million plus investments $-629.52 Million) from operating cash flow of $167.12 Million. Explore NET capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

4.27x
(Capex + Investments) / Operating CF

Total Reinvested

$714.16 Million
Capex + Investments

Operating Cash Flow

$167.12 Million
USD

Capital Expenditures

$84.64 Million
USD

Cloudflare Inc Cash Flow Reinvestment Rate (2017–2024)

Historical reinvestment intensity for Cloudflare Inc across 5 annual periods. Also explore Cloudflare Inc asset portfolio for the complete picture of this company's asset base.

Annual Cash Flow Reinvestment Rate for Cloudflare Inc (2017–2024)

Year-by-year capital reinvestment analysis for Cloudflare Inc. For live market cap and broader valuation context, see market cap of Cloudflare Inc.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2024 1.35x $515.26 Million $380.43 Million $185.04 Million ▲ +43.9%
2023 0.94x $239.45 Million $254.41 Million $134.94 Million ▼ -70.8%
2022 3.23x $399.06 Million $123.59 Million $163.36 Million ▼ -70.3%
2021 10.89x $703.77 Million $64.65 Million $107.74 Million ▼ -38.1%
2017 17.59x $55.72 Million $3.17 Million $22.98 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow