+1% above 5y medianEV / revenue vs. its own five years
Board median EV / revenue10.2×five-year median 11.8× · −14%
Median Rule of 405321 of 24 above the line
Median revenue growth18%a year ago 15% · accelerating
Median SBC / revenue11%FCF margin 30% → 16% ex-SBC
Lights on1 of 3prices Oct 16, 2026 · TTM through Aug 31, 2026
Against the line
growth + FCF margin, in points
line 40score 53
growth 24 ptFCF margin 29 pt
Growth +24% plus FCF margin +29% is 53 points, 13 above the line at 40. Counting the stock as an expense: 31 points.
Where it has traded
quarter-end EV / revenue · 20 quarters · Oct 31, 2021 → Jul 31, 2026
Five-year median 42.6×, middle half 21.2–90.6×, range 10.2–118.7×. Now 43.0×: +1% above its own median, higher than 50% of those quarters.Each quarter at its own close, shares and balance sheet · the band is the 25th–75th percentile
What the cash flow really is
TTM through Jul 31, 2026 · $B
FCF 1.57B − SBC 1.23B = 0.34B ex-SBC · operating income -0.12B is the GAAP figure after SBC
Against its scale group
CRWD (blue) vs. the other Large companies on the board (14), grey
Revenue growth+24% vs. +26%
Gross margin75% vs. 75%
FCF margin+29% vs. +33%
SBC / revenue23% vs. 14%
Rule of 4053 vs. 60
EV / revenue43.0× vs. 17.0×
Group averages are the plain mean of the other companies in the same scale group with a usable window.
Quarter by quarter
8 quarters · Oct 31, 2024 → Jul 31, 2026 · a gap is a dropped quarter