3 years of historical data (2023–2025) · Technology · Software - Infrastructure
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
CoreWeave, Inc. Class A Common Stock currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Market Cap | $32.6B | $31.2B | — | — |
| Enterprise Value | $43.8B | $42.4B | — | — |
| P/E Ratio → | -28.31 | — | — | — |
| P/S Ratio | 6.35 | 6.08 | — | — |
| P/B Ratio | 10.40 | 9.36 | — | — |
| P/FCF | — | — | — | — |
| P/OCF | 10.65 | 10.21 | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| EV / Revenue | — | 8.27 | — | — |
| EV / EBITDA | — | — | — | — |
| EV / EBIT | — | — | — | — |
| EV / FCF | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
CoreWeave, Inc. Class A Common Stock earns an operating margin of -0.9%. Operating margins have expanded from -6.3% to -0.9% over the past 3 years, signaling improving operational efficiency. A negative ROE of -79.9% indicates the company is currently destroying shareholder equity.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Gross Margin | 71.7% | 71.7% | 74.2% | 70.0% |
| Operating Margin | -0.9% | -0.9% | 16.9% | -6.3% |
| Net Profit Margin | -22.7% | -22.7% | -45.1% | -259.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| ROE | -79.9% | -79.9% | — | — |
| ROA | -3.5% | -3.5% | -7.6% | -11.9% |
| ROIC | -0.3% | -0.3% | 4.9% | -0.9% |
| ROCE | -0.2% | -0.2% | 3.9% | -0.4% |
Solvency and debt-coverage ratios — lower is generally safer
Net debt stands at $11.2B ($15.2B total debt minus $3.9B cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Debt / Equity | 4.54 | 4.54 | — | — |
| Debt / EBITDA | — | — | 8.94 | 22.53 |
| Net Debt / Equity | — | 3.36 | — | — |
| Net Debt / EBITDA | — | — | 7.80 | 20.08 |
| Debt / FCF | — | — | — | — |
| Interest Coverage | — | — | 0.90 | -0.51 |
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.46x is below 1.0, meaning current liabilities exceed current assets — though the company's $3.9B cash position helps mitigate short-term liquidity concerns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Current Ratio | 0.46 | 0.46 | 0.39 | 0.50 |
| Quick Ratio | 0.46 | 0.46 | 0.39 | 0.50 |
| Cash Ratio | 0.24 | 0.24 | 0.27 | 0.22 |
| Asset Turnover | — | 0.10 | 0.11 | 0.05 |
| Inventory Turnover | — | — | — | — |
| Days Sales Outstanding | — | 225.43 | 81.12 | 291.80 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
CoreWeave, Inc. Class A Common Stock does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Dividend Yield | — | — | — | — |
| Payout Ratio | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Earnings Yield | — | — | — | — |
| FCF Yield | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | — | — |
| Shares Outstanding | — | $436M | $404M | $404M |
Compare CRWV with 8 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| CRWVYou | $33B | -28.3 | — | — | 71.7% | -0.9% | -79.9% | -0.3% | — |
| MSFT | $2.9T | 28.8 | 18.1 | 40.7 | 68.8% | 45.6% | 33.3% | 27.9% | 0.4 |
| ORCL | $408B | 33.5 | 21.0 | — | 70.5% | 30.8% | 82.4% | 12.8% | 4.4 |
| NTNX | $10B | 58.9 | 45.2 | 13.8 | 86.8% | 6.8% | — | 688.9% | 6.0 |
| CORZ | $5B | -3.3 | 55.5 | — | 23.7% | -3.8% | — | — | 11.9 |
| DOCN | $5B | 22.2 | 19.1 | 16.6 | 59.9% | 17.4% | — | 15.6% | 2.5 |
| BLZE | $217M | -8.2 | 50.5 | 11.5 | 60.9% | -13.8% | -31.8% | -14.1% | 15.3 |
| DGXX | $180M | -12.5 | 37.1 | — | -30.7% | -29.4% | -26.5% | -32.1% | 0.0 |
| TUYA | $179M | 300.0 | — | 2.7 | 47.4% | -15.9% | 0.5% | -8.5% | — |
| Technology Median | — | 25.2 | 15.7 | 17.3 | 49.8% | -0.9% | 1.1% | 2.9% | 3.0 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 3 years · Updated daily
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Start ComparisonCoreWeave, Inc. Class A Common Stock's current P/E ratio is -28.3x. This places it at the 50th percentile of its historical range.
CoreWeave, Inc. Class A Common Stock's return on equity (ROE) is -79.9%. The historical average is -79.9%.
Based on historical data, CoreWeave, Inc. Class A Common Stock is trading at a P/E of -28.3x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
CoreWeave, Inc. Class A Common Stock has 71.7% gross margin and -0.9% operating margin.