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Clearwater Analytics Holdings, Inc.

CWAN

$24.56 0.00 (0.00%) at close

7 Visible periods

31 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Weak

Bearish

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Analytical Summary

Clearwater Analytics Holdings, Inc. faces fundamental challenges with weakness in Profit Margin (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $6.7B

Dividend Yield —

Revenue Growth 61.9% ↗

Op. Margin -1.1% ↘

ROIC -0.2% ↗

FCF / Share $0.61 ↗

Trailing P/E —

Price / Book 3.3x

FCF Yield 2.5%

Debt / Equity 0.41

info Valuation on last close. End-of-day price, Jun 24, 2026.

7-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$731.37M

↑ +61.9% —

Net Income Profit after all expenses

$-38.81M

↓ -109.1% —

Operating Margin Operating profit as % of sales

-1.1%

↓ -138.8% 26th

FCF / Share Free cash flow per share

$0.61

↑ +92.4% —

Long-Term Debt Long-term obligations

$822.64M

↑ +1799.3% —

trending_up

Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Profit Margin (%)Profit Margin (%) is in the bottom quartile

Health Breakdown

Profitability ↓

Returns

Financial Health ↑

Cash Quality

Financial view

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Annual Quarterly

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📈 Is growth accelerating? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗
Revenue Growth YoY (%)	61.9% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+416%)	22.7% Excellent → Excellent Stable Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+89%)	21.3% Excellent → Excellent Stable Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+78%)	20.4% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+70%)	24.0% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+100%)	21.0% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+75%)	—
EPS Growth YoY (%)	N/M	N/M	-175.0% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	20.0% Good Good Year-over-year change in earnings per share Optimal: > 10%	—	—	—
Net Income Growth YoY (%)	N/M	N/M	-171.5% Weak ↓ Weak Declining Year-over-year change in net income	3.0% Caution Caution Year-over-year change in net income	81.4% Excellent Excellent Year-over-year change in net income	N/M	—
FCF Growth YoY (%)	92.4% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-20.4% Weak Weak Year-over-year change in free cash flow	46.1% Excellent Excellent Year-over-year change in free cash flow	N/M	—	—	—
Revenue CAGR 3Y (%)	34.1% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	21.5% Excellent → Excellent Stable Compound annual revenue growth over 3 years	21.9% Excellent Excellent Compound annual revenue growth over 3 years	21.8% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—
Revenue CAGR 5Y (%)	29.2% Excellent Excellent Compound annual revenue growth over 5 years	21.9% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗
Operating Margin (%) (%)	-1.1% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-105%)	2.7% Weak → Weak Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-86%)	-4.5% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-123%)	1.7% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-92%)	11.3% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-44%)	-10.0% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-150%)	15.3% Fair Fair Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-24%)
Effective Tax Rate (%) (%)	19.0% Good ↓ Good Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	1522.3% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.9% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-25.5% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-6.4% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-2.1% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.9% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%
Profit Margin (%) (%)	-5.3% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-135%)	93.9% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+526%)	-5.9% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-139%)	-2.6% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-118%)	-3.3% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-122%)	-21.8% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-245%)	4.6% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-69%)
FCF Margin (%) (%)	22.5% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	15.3% Good ↑ Good Improving Free cash flow as a percentage of revenue Optimal: > 10%	21.5% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	16.6% Good ↑ Good Improving Free cash flow as a percentage of revenue Optimal: > 10%	-0.7% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-5.1% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-138.9% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%
FCF / Net Income (x)	-4.23x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.16x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-3.65x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-6.31x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.20x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.23x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	-30.19x Weak Weak Free cash flow relative to reported net income Optimal: > 1x

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗
Return on Invested Capital (%)	-0.2% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-16.5% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-36.7% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	12.5% Good Good Return earned on debt + equity capital invested Optimal: > 10%	—	—	—
Return on Capital (%) (%)	-0.3% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	1.0% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-3.0% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	1.1% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	8.3% Fair Fair Operating profit relative to total assets Optimal: > 10%	-17.7% Weak Weak Operating profit relative to total assets Optimal: > 10%	—
Return on Common Equity (%) (%)	-1.9% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-110%)	42.1% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+128%)	—	—	—	—	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗
Debt to Equity (x)	0.41x Good Good Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-10%)	0.04x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-90%)	—	—	—	—	—
Interest Coverage (x)	-0.25x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	3.53x Fair ↑ Fair Improving Operating income divided by interest expense Optimal: > 5x	-4.85x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	3.67x Fair ↑ Fair Improving Operating income divided by interest expense Optimal: > 5x	1.09x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-0.89x Weak Weak Operating income divided by interest expense Optimal: > 5x	1.44x Weak Weak Operating income divided by interest expense Optimal: > 5x
Net Debt (USD)	$731.40M	$-134.04M	$-175.70M	$-199.16M	$-254.60M	$-61.09M	—
Debt / EBITDA (x)	10.57x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.77x Good ↑ Good Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-6.76x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	5.03x Weak Weak Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗
Revenue per Share (USD)	$2.70	$2.06	$1.84	$1.64	$1.42	—	—
Basic EPS, GAAP (USD)	$-0.14	$1.93	$-0.11	$-0.04	$-0.05	—	—
Free Cash Flow per Share (USD)	$0.61	$0.31	$0.40	$0.27	$-0.01	—	—
Book Value per Share (USD)	$7.45	$4.60	—	—	—	—	—
Tangible Book Value per Share (USD)	$0.24	$4.13	—	—	—	—	—
Basic Weighted Avg Shares (shares)	271.32M	219.32M	199.69M	185.56M	177.68M	—	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗
Working Capital (USD)	$134.23M	$307.59M	$335.20M	$290.33M	$290.14M	$63.31M	—
LT Debt (USD)	$822.64M	$43.31M	$46.06M	$51.56M	—	—	—
Total Equity (USD)	$2.02B	$1.01B	—	—	—	—	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗
Sales/Revenue/Turnover (USD)	$731.37M	$451.80M	$368.17M	$303.43M	$252.02M	$203.22M	$168.00M
Depreciation Expense (USD)	$85.54M	$12.18M	$9.93M	$5.14M	$3.49M	$2.27M	$2.02M
Net Income, GAAP (USD)	$-38.81M	$424.38M	$-21.63M	$-7.97M	$-8.21M	$-44.23M	$7.73M
Operating Cash Flow (USD)	$175.90M	$74.32M	$84.60M	$58.01M	$3.36M	$-6.49M	$-230.03M

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 7 years · 23 quarters

Clearwater Analytics Holdings, Inc.

Analytical Summary

7-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

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