Cloudflare (FRA:8CF) OCF Margin %: 24.75% (As of Mar. 2026) — 306% Above Median


FRA:8CF Cloudflare Inc FRA:8CF
78 GF Score
Price €194.80
GF Value €148.24
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Cloudflare OCF Margin %?

Cloudflare FRA:8CF +0.21% 78 OCF Margin % is 24.75% as of Mar. 2026, which is 306% above its 10-year median of 6.10. GuruFocus rates FRA:8CF with a GF Score™ of 78/100 and a GF Value™ of €148.24 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,816 Software companies, Cloudflare ranks better than 86.19% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Cloudflare's Cash Flow from Operations for the three months ended in Mar. 2026 was €137 Mil. Cloudflare's Revenue for the three months ended in Mar. 2026 was €553 Mil. Therefore, Cloudflare's OCF Margin % for the quarter that ended in Mar. 2026 was 24.75%.

As of today, Cloudflare's current OCF Yield % is 0.78%.

The historical rank and industry rank for Cloudflare's OCF Margin % or its related term are showing as below:

FRA:8CF' s OCF Margin % Range Over the Past 10 Years
Min: -22.46   Med: 6.1   Max: 27.82
Current: 26.41


During the past 10 years, the highest OCF Margin % of Cloudflare was 27.82%. The lowest was -22.46%. And the median was 6.10%.

FRA:8CF's OCF Margin % is ranked better than
86.19% of 2816 companies
in the Software industry
Industry Median: 6.77 vs FRA:8CF: 26.41


Cloudflare OCF Margin % Related Terms


Cloudflare OCF Margin % Historical Data

* Premium members only.

The historical data trend for Cloudflare's OCF 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.

Cloudflare OCF Margin % Chart

Cloudflare Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.85 12.67 19.62 22.79 27.82

Cloudflare Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF 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 30.43 19.48 29.74 30.99 24.75

FRA:8CF vs SNPS, FTNT, CRWV: OCF Margin % Comparison

For the Software - Infrastructure subindustry, Cloudflare's OCF Margin %, along with its competitors' market caps and OCF 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.


Cloudflare OCF Margin % vs Software Industry

For the Software industry and Technology sector, Cloudflare's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Cloudflare's OCF Margin % falls into.


FRA:8CF
78GF Score
Cloudflare Inc FRA:8CF
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Cloudflare OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Cloudflare's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=515.059/1851.418
=27.82 %

Cloudflare's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=136.955/553.388
=24.75 %

* 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 OCF Margin % →
What does a OCF Margin % of 24.75% mean?
Cloudflare (FRA:8CF) has a OCF Margin % of 24.75% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Cloudflare and its competitors. This is 306% above median its historical median of 6.10. According to the industry distribution chart, Cloudflare ranks #389 out of 2816 companies in the Software industry, placing it in the top 13.8%.
Is Cloudflare's OCF Margin % too high?
Cloudflare's current OCF Margin % of 24.75% is 306% above median its 10-year median of 6.10. The Software industry median OCF Margin % is 6.77. Cloudflare's value of 24.75% is 265.6% above this industry median. Based on the distribution chart, Cloudflare ranks #389 out of 2816 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Cloudflare has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cloudflare's OCF Margin % compare to SNPS and FTNT?
According to the Software industry distribution chart, Cloudflare ranks #389 out of 2816 companies for OCF Margin %. This places Cloudflare in the top 14% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 6.77. Cloudflare's value of 24.75% is 265.6% above this benchmark. While the company's 10-year median is 6.10 vs. the industry median of 6.77, Cloudflare 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 OCF Margin % for a Software company?
The median OCF Margin % among Software companies is 6.77, based on 2,816 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cloudflare's current OCF Margin % of 24.75% is 265.6% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Cloudflare and its competitors. For the Software industry, the median OCF Margin % is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cloudflare's current OCF Margin % is 24.75%, which is 306% above median its own 10-year median of 6.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cloudflare stock overvalued right now?
Based on GuruFocus' analysis, Cloudflare (FRA:8CF) is currently considered Significantly Overvalued. The stock's GF Value™ is €148.24, compared to a current price of €194.80 — trading 31.4% above its estimated fair value. The current OCF Margin % is 24.75%, which is 306% above median its 10-year median of 6.10 and 265.6% above the Software industry median of 6.77. Cloudflare's overall GF Score™ is 78/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Cloudflare (FRA:8CF), the current OCF Margin % is 24.75% 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 Cloudflare (FRA:8CF) Overvalued in 2026?

Based on GuruFocus' analysis, Cloudflare stock appears to be overvalued. The current stock price of €194.80 is trading 31.4% above its estimated GF Value™ of €148.24. GuruFocus considers Cloudflare to be Significantly Overvalued.

Key valuation signals for FRA:8CF:

  • OCF Margin %: 24.75% (306% above median its 10-year median of 6.10)
  • GF Value™: €148.24 vs. price of €194.80 (31.4% above fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 265.6% above the Software median (#389 of 2816)

No single metric tells the full story. See the FRA:8CF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cloudflare Business Description

Address 101 Townsend Street, San Francisco, CA, USA, 94107
Cloudflare is a software company based in San Francisco, California, that offers security and web performance offerings by utilizing a distributed, serverless content delivery network, or CDN. The firm's edge computing platform, Workers, builds on this infrastructure by enabling clients to deploy and run code without the need to manage or maintain servers.
78GF Score

Get the complete analysis for FRA:8CF

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

€194.80
Price
€148.24
GF Value