CyberArk Software Ltd. (CYBR) Financial Ratios
14 years of historical data (2012–2025) · Technology · Software - Infrastructure
EV/EBITDA
908.21
-8% vs avg
5yr avg: 983.01
30Y Low29.2·High49.7
P/FCF
↓
79.60
↓-31% vs avg
5yr avg: 115.38
30Y Low20.2·High178.0
P/B Ratio
↓
8.54
-4% vs avg
5yr avg: 8.85
30Y Low4.2·High11.5
ROE
↑
-6.2%
↓+40% vs avg
5yr avg: -10.3%
30Y Low-19%·High20%
Debt/EBITDA
52.28
+0% vs avg
5yr avg: 52.28
30Y Low4.5·High24.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
CYBR Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
CyberArk Software Ltd. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 79.6x P/FCF, 31% below the 5-year average of 115.4x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $20.6B | $22.4B | $14.7B | $9.1B | $5.3B | $6.9B | $6.2B | $4.5B | $2.7B | $1.5B | $1.6B |
| Enterprise Value | $21.2B | $23.0B | $14.2B | $9.4B | $5.5B | $7.0B | $6.3B | $4.2B | $2.5B | $1.3B | $1.5B |
| P/E Ratio → | -139.54 | — | — | — | — | — | — | 71.96 | 58.38 | 94.07 | 58.33 |
| P/S Ratio | 15.16 | 16.45 | 14.71 | 12.14 | 8.89 | 13.66 | 13.44 | 10.45 | 8.01 | 5.72 | 7.53 |
| P/B Ratio | 8.54 | 9.31 | 6.21 | 11.52 | 7.76 | 9.46 | 8.83 | 7.26 | 5.89 | 4.23 | 5.50 |
| P/FCF | 79.60 | 86.35 | 66.65 | 178.03 | 141.47 | 104.38 | 62.67 | 33.67 | 22.62 | 20.24 | 30.47 |
| P/OCF | 71.99 | 78.10 | 63.48 | 162.36 | 105.85 | 91.92 | 58.46 | 31.99 | 21.12 | 18.55 | 28.96 |
P/E links to full P/E history page with 30-year chart
CYBR EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
CyberArk Software Ltd.'s enterprise value stands at 908.2x EBITDA, 8% below its 5-year average of 983.0x. The Technology sector median is 17.4x, placing the stock at a 5128% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 16.89 | 14.21 | 12.46 | 9.28 | 14.00 | 13.50 | 9.74 | 7.25 | 5.11 | 6.73 |
| EV / EBITDA | 908.21 | 983.01 | — | — | — | — | 291.77 | 39.58 | 29.20 | 47.41 | 34.34 |
| EV / EBIT | — | — | — | — | — | — | 373.20 | 58.44 | 47.82 | 54.69 | 40.11 |
| EV / FCF | — | 88.66 | 64.40 | 182.85 | 147.66 | 106.97 | 62.93 | 31.38 | 20.47 | 18.06 | 27.24 |
CYBR Profitability
Margins and return-on-capital ratios measuring operating efficiency
CyberArk Software Ltd. earns an operating margin of -7.7%. Operating margins have expanded from -15.5% to -7.7% over the past 3 years, signaling improving operational efficiency. A negative ROE of -6.2% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 74.3% | 74.3% | 79.2% | 79.2% | 78.7% | 81.4% | 82.2% | 85.6% | 85.9% | 84.0% | 86.1% |
| Operating Margin | -7.7% | -7.7% | -7.3% | -15.5% | -25.8% | -15.6% | 1.3% | 14.4% | 13.8% | 7.8% | 16.6% |
| Net Profit Margin | -10.8% | -10.8% | -9.3% | -8.8% | -22.0% | -16.7% | -1.2% | 14.5% | 13.7% | 6.1% | 13.0% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -6.2% | -6.2% | -5.9% | -9.0% | -18.6% | -11.7% | -0.9% | 11.6% | 11.5% | 4.9% | 10.4% |
| ROA | -3.6% | -3.6% | -3.5% | -3.5% | -7.4% | -5.2% | -0.4% | 6.1% | 8.0% | 3.5% | 7.6% |
| ROIC | -3.2% | -3.2% | -3.8% | -9.0% | -12.7% | -7.2% | 0.9% | 17.9% | 17.8% | 9.6% | 39.8% |
| ROCE | -3.3% | -3.3% | -4.2% | -10.3% | -11.2% | -5.9% | 0.5% | 7.1% | 10.2% | 5.6% | 12.1% |
CYBR Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
CyberArk Software Ltd. carries a Debt/EBITDA ratio of 52.3x, which is highly leveraged (1721% above the sector average of 2.9x). Net debt stands at $599M ($1.2B total debt minus $623M cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.51 | 0.51 | 0.01 | 0.76 | 0.85 | 0.73 | 0.74 | 0.78 | — | — | — |
| Debt / EBITDA | 52.28 | 52.28 | — | — | — | — | 24.46 | 4.54 | — | — | — |
| Net Debt / Equity | — | 0.25 | -0.21 | 0.31 | 0.34 | 0.23 | 0.04 | -0.49 | -0.56 | -0.46 | -0.58 |
| Net Debt / EBITDA | 25.63 | 25.63 | — | — | — | — | 1.19 | -2.88 | -3.06 | -5.72 | -4.07 |
| Debt / FCF | — | 2.31 | -2.25 | 4.82 | 6.18 | 2.59 | 0.26 | -2.28 | -2.14 | -2.18 | -3.23 |
| Interest Coverage | — | — | -17.90 | -194.77 | -46.92 | -4.34 | 0.34 | 27.81 | 267.19 | 128.65 | 249.69 |
CYBR Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
CyberArk Software Ltd.'s current ratio of 2.00x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 1.08x to 2.00x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.00 | 2.00 | 1.48 | 1.08 | 2.43 | 3.12 | 4.30 | 5.95 | 3.36 | 3.41 | 4.01 |
| Quick Ratio | 2.00 | 2.00 | 1.48 | 1.08 | 2.43 | 3.12 | 4.30 | 5.95 | 3.36 | 3.41 | 4.01 |
| Cash Ratio | 1.55 | 1.55 | 1.02 | 0.88 | 2.11 | 2.72 | 3.86 | 5.53 | 2.98 | 2.90 | 3.52 |
| Asset Turnover | — | 0.28 | 0.30 | 0.37 | 0.33 | 0.30 | 0.30 | 0.31 | 0.51 | 0.52 | 0.54 |
| Inventory Turnover | 3.88 | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 100.23 | 119.80 | 90.52 | 74.53 | 82.16 | 73.19 | 61.37 | 51.51 | 63.20 | 56.16 |
CYBR Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
CyberArk Software Ltd. returns 0.0% to shareholders annually primarily through share buybacks.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | 1.4% | 1.7% | 1.1% | 1.7% |
| FCF Yield | 1.3% | 1.2% | 1.5% | 0.6% | 0.7% | 1.0% | 1.6% | 3.0% | 4.4% | 4.9% | 3.3% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $50M | $44M | $42M | $41M | $40M | $39M | $39M | $37M | $36M | $36M |
Peer Comparison
Compare CYBR with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 CYBRYou | $21B | -139.5 | 908.2 | 79.6 | 74.3% | -7.7% | -6.2% | -3.2% | 52.3 |
 SAIL | $7B | -5.9 | 153.6 | — | 64.5% | -21.9% | — | — | 21.6 |
 OKTA | $14B | 59.1 | 54.4 | 15.4 | 77.4% | 5.2% | 3.5% | 1.7% | 1.7 |
 WALD | $132M | -3.1 | 209.3 | — | 48.1% | -21.4% | -5.7% | -4.8% | 127.3 |
 CRWD | $119B | -720.1 | 952.1 | 90.5 | 74.6% | -3.4% | -4.2% | -193.7% | 6.8 |
 ZS | $22B | -514.2 | — | 30.7 | 76.9% | -4.8% | -2.7% | -8.4% | — |
 PANW | $129B | 114.7 | 80.1 | 37.2 | 73.4% | 13.5% | 17.5% | 17.1% | 0.2 |
 FTNT | $67B | 37.0 | 29.1 | 29.9 | 80.8% | 30.6% | 135.7% | — | 0.4 |
 S | $5B | -11.2 | — | 63.6 | 74.1% | -32.1% | -29.0% | -17.4% | — |
 MSFT | $3.1T | 30.3 | 19.4 | 42.9 | 68.8% | 45.6% | 33.3% | 24.9% | 0.7 |
 CSCO | $363B | 35.9 | 26.2 | 27.3 | 64.9% | 20.8% | 22.1% | 13.0% | 2.0 |
| Technology Median | — | 27.5 | 17.4 | 19.8 | 48.6% | -0.5% | 2.4% | 2.9% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Full CYBR Stock Analysis
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Start ComparisonCYBR — Frequently Asked Questions
Quick answers to the most common questions about buying CYBR stock.
What is CyberArk Software Ltd.'s P/E ratio?
CyberArk Software Ltd.'s current P/E ratio is -139.5x. The historical average is 76.9x.
What is CyberArk Software Ltd.'s EV/EBITDA?
CyberArk Software Ltd.'s current EV/EBITDA is 908.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 39.8x.
What is CyberArk Software Ltd.'s ROE?
CyberArk Software Ltd.'s return on equity (ROE) is -6.2%. The historical average is 3.2%.
Is CYBR stock overvalued?
Based on historical data, CyberArk Software Ltd. is trading at a P/E of -139.5x. Compare with industry peers and growth rates for a complete picture.
What are CyberArk Software Ltd.'s profit margins?
CyberArk Software Ltd. has 74.3% gross margin and -7.7% operating margin.
How much debt does CyberArk Software Ltd. have?
CyberArk Software Ltd.'s Debt/EBITDA ratio is 52.3x, indicating high leverage. A ratio above 4x may signal elevated financial risk.