Cloudflare Inc (NET) — Financial Flexibility Index
Cloudflare Inc (NET) has a Financial Flexibility Index of 0.06x as of September 2025. Free cash flow of $251.76 Million (operating CF $167.12 Million minus capex $84.64 Million) represents 0% of total liabilities ($4.44 Billion). Check Cloudflare Inc (NET) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Cloudflare Inc Financial Flexibility Index (2017–2024)
Historical Financial Flexibility Index trend for Cloudflare Inc across 8 annual periods. For the full cash flow conversion analysis, see NET cash flow metrics.
Annual Financial Flexibility Index for Cloudflare Inc (2017–2024)
Year-by-year free cash flow to debt coverage for Cloudflare Inc. Explore NET debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.25x | $565.47 Million | $380.43 Million | $2.25 Billion | ▲ +28.6% |
| 2023 | 0.19x | $389.35 Million | $254.41 Million | $2.00 Billion | ▲ +33.5% |
| 2022 | 0.15x | $286.96 Million | $123.59 Million | $1.96 Billion | ▲ +31.9% |
| 2021 | 0.11x | $172.39 Million | $64.65 Million | $1.56 Billion | ▲ +8.0% |
| 2020 | 0.10x | $57.83 Million | $-17.13 Million | $563.71 Million | ▼ -41.3% |
| 2019 | 0.17x | $18.36 Million | $-38.92 Million | $105.00 Million | ▲ +953.3% |
| 2018 | -0.02x | $-8.44 Million | $-43.28 Million | $411.88 Million | ▼ -117.5% |
| 2017 | 0.12x | $26.14 Million | $3.17 Million | $222.98 Million | — |