CWAN (Clearwater Analytics Holdings) EBITDA Margin %: 17.45% (As of Mar. 2026) — 416% Above Median


CWAN Clearwater Analytics Holdings Inc CWAN
81 GF Score
Price $24.56
GF Value $31.88
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Clearwater Analytics Holdings EBITDA Margin %?

Clearwater Analytics Holdings CWAN 81 EBITDA Margin % is 17.45% as of Mar. 2026, which is 416% above its 10-year median of 3.38. GuruFocus rates CWAN with a GF Score™ of 81/100 and a GF Value™ of $31.88 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,818 Software companies, Clearwater Analytics Holdings ranks better than 63.77% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Clearwater Analytics Holdings's EBITDA for the three months ended in Mar. 2026 was $38.6 Mil. Clearwater Analytics Holdings's Revenue for the three months ended in Mar. 2026 was $221.2 Mil. Therefore, Clearwater Analytics Holdings's EBITDA margin for the quarter that ended in Mar. 2026 was 17.45%.


Clearwater Analytics Holdings  (NYSE:CWAN) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Clearwater Analytics Holdings EBITDA Margin % Related Terms


Clearwater Analytics Holdings EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Clearwater Analytics Holdings's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Clearwater Analytics Holdings EBITDA Margin % Chart

Clearwater Analytics Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial 12.68 3.38 -2.23 -3.00 11.15

Clearwater Analytics Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.89 5.81 17.27 10.57 17.45

CWAN vs CHYM, PCOR, TTAN: EBITDA Margin % Comparison

For the Software - Application subindustry, Clearwater Analytics Holdings's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Clearwater Analytics Holdings EBITDA Margin % vs Software Industry

For the Software industry and Technology sector, Clearwater Analytics Holdings's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Clearwater Analytics Holdings's EBITDA Margin % falls into.


CWAN
81GF Score
Clearwater Analytics Holdings Inc CWAN
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Clearwater Analytics Holdings EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Clearwater Analytics Holdings's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=81.533/731.368
=11.15 %

Clearwater Analytics Holdings's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=38.598/221.228
=17.45 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 17.45% mean?
Clearwater Analytics Holdings (CWAN) has a EBITDA Margin % of 17.45% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Clearwater Analytics Holdings and its competitors. This is 416% above median its historical median of 3.38. According to the industry distribution chart, Clearwater Analytics Holdings ranks #1021 out of 2818 companies in the Software industry, placing it in the top 36.2%.
Is Clearwater Analytics Holdings' EBITDA Margin % too high?
Clearwater Analytics Holdings' current EBITDA Margin % of 17.45% is 416% above median its 10-year median of 3.38. The Software industry median EBITDA Margin % is 8.07. Clearwater Analytics Holdings' value of 17.45% is 116.2% above this industry median. Based on the distribution chart, Clearwater Analytics Holdings ranks #1021 out of 2818 companies in the Software industry, which is above the industry midpoint. Overall, Clearwater Analytics Holdings has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Clearwater Analytics Holdings' EBITDA Margin % compare to CHYM and PCOR?
According to the Software industry distribution chart, Clearwater Analytics Holdings ranks #1021 out of 2818 companies for EBITDA Margin %. This puts Clearwater Analytics Holdings in the upper half of its industry. The industry median EBITDA Margin % is 8.07. Clearwater Analytics Holdings' value of 17.45% is 116.2% above this benchmark. While the company's 10-year median is 3.38 vs. the industry median of 8.07, Clearwater Analytics Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Software company?
The median EBITDA Margin % among Software companies is 8.07, based on 2,818 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Clearwater Analytics Holdings's current EBITDA Margin % of 17.45% is 116.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Clearwater Analytics Holdings and its competitors. For the Software industry, the median EBITDA Margin % is 8.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clearwater Analytics Holdings's current EBITDA Margin % is 17.45%, which is 416% above median its own 10-year median of 3.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clearwater Analytics Holdings stock overvalued right now?
Based on GuruFocus' analysis, Clearwater Analytics Holdings (CWAN) is currently considered Modestly Undervalued. The stock's GF Value™ is $31.88, compared to a current price of $24.56 — trading 23% below its estimated fair value. The current EBITDA Margin % is 17.45%, which is 416% above median its 10-year median of 3.38 and 116.2% above the Software industry median of 8.07. Clearwater Analytics Holdings' overall GF Score™ is 81/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Clearwater Analytics Holdings (CWAN), the current EBITDA Margin % is 17.45% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Clearwater Analytics Holdings (CWAN) Overvalued in 2026?

Based on GuruFocus' analysis, Clearwater Analytics Holdings stock appears to be undervalued. The current stock price of $24.56 is trading 23% below its estimated GF Value™ of $31.88. GuruFocus considers Clearwater Analytics Holdings to be Modestly Undervalued.

Key valuation signals for CWAN:

  • EBITDA Margin %: 17.45% (416% above median its 10-year median of 3.38)
  • GF Value™: $31.88 vs. price of $24.56 (23% below fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 116.2% above the Software median (#1021 of 2818)

No single metric tells the full story. See the CWAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Clearwater Analytics Holdings Business Description

Address 777 W. Main Street, Suite 900, Boise, ID, USA, 83702
Clearwater Analytics describes its mission as aiming to be the world's most trusted and comprehensive technology platform for the entire investment cycle. Clearwater has historically focused on back-office functions such as investment accounting, but with acquisitions such Enfusion, Beacon, and Bistro, the firm has broadened its focus with front-office and middle-office capabilities. Clearwater primarily serves insurance companies, asset managers, hedge funds, and corporate treasuries. Pro forma for Enfusion, about 76% of Clearwater's revenue is generated in the US.
81GF Score

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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$24.56
Price
$31.88
GF Value