CoreWeave, Inc. (CRWV) Key Metrics
CRWV valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $33.86B
- Enterprise value
- $94.00B
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 4.5
- Price / book
- 9.5
- EV / EBITDA
- 23.9
- Dividend yield
- —
- Beta
- —
CRWV key metrics, 2022–2025
Fiscal year ended December 31, 2025 · U.S. dollarsCRWV returns How much profit the business earns on the capital it uses.
CRWV per-share figures Results divided by the shares outstanding at year-end.
CRWV financial health Debt, liquidity and how easily interest is covered.
CRWV efficiency & capital use Working capital cycle and where the cash goes.
CRWV valuation history
CRWV returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
CRWV debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
CRWV cash returned to shareholders
CRWV price vs earnings per share
CRWV key metrics
2022–2025| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Valuation | ||||
| Market capitalization | $31.15B | — | — | — |
| Enterprise value | $56.99B | — | — | — |
| Price / sales | 6.1 | — | — | — |
| Price / book | 9.3 | — | — | — |
| Price / operating cash flow | 10.2 | — | — | — |
| EV / sales | 11.1 | — | — | — |
| EV / EBITDA | 23.1 | — | — | — |
| Earnings yield | −3.7% | — | — | — |
| Free cash flow yield | −23.3% | — | — | — |
| Dividend yield | 0.1% | — | — | — |
| Shareholder yield (dividends + buybacks) | 0.1% | — | — | — |
| Share price at fiscal year-end | $71.61 | — | — | — |
| Per share | ||||
| Revenue per share | $11.80 | $8.78 | $1.19 | $0.09 |
| Earnings per share | −$2.68 | −$3.96 | −$3.09 | −$0.17 |
| Operating cash flow per share | $7.03 | $12.61 | $9.55 | $0.01 |
| Free cash flow per share | −$16.67 | −$27.31 | −$5.78 | −$0.40 |
| Cash per share | $9.15 | $6.24 | $1.14 | — |
| Book value per share | $7.67 | −$1.90 | −$3.11 | — |
| Tangible book value per share | $4.60 | −$2.01 | −$3.25 | — |
| Dividends per share | $0.07 | $0.26 | $0.00 | $0.00 |
| Capex per share | $23.70 | $39.92 | $15.33 | $0.40 |
| Debt per share | $68.56 | $48.72 | $10.42 | — |
| Shares outstanding | 435.0M | 218.0M | 192.0M | 180.6M |
| Change in shares outstanding | +99.5% | +13.5% | +6.3% | — |
| Returns & profitability | ||||
| Return on equity (ROE) | −79.9% | — | — | — |
| Return on invested capital (ROIC) | −0.2% | 5.1% | −0.9% | — |
| Return on assets (ROA) | −3.5% | −7.6% | −11.9% | — |
| Return on tangible assets | −2.4% | −4.8% | −12.0% | — |
| Free cash flow margin | −141.3% | −310.9% | −484.9% | −451.6% |
| Financial health | ||||
| Total debt | $29.82B | $10.62B | $2.00B | — |
| Cash & short-term investments | $3.98B | $1.36B | $219.5M | — |
| Net debt | $25.84B | $9.26B | $1.78B | — |
| Debt / equity | 8.94 | — | — | — |
| Debt / assets | 0.60 | 0.60 | 0.40 | — |
| Net debt / EBITDA | 10.47 | 19.29 | — | — |
| Current ratio | 0.46 | 0.39 | 0.50 | — |
| Quick ratio | 0.46 | 0.39 | 0.50 | — |
| Interest coverage | -0.0 | 0.9 | -0.5 | -2.4 |
| Working capital | −$8.95B | −$3.05B | −$496.5M | — |
| Invested capital | $29.18B | $8.85B | $1.18B | — |
| Tangible asset value | $2.00B | −$438.1M | −$623.1M | — |
| Net current asset value | −$38.48B | −$16.33B | −$5.07B | — |
| Graham net-net per share | −$91.06 | −$75.99 | −$27.17 | — |
| Capital allocation | ||||
| Dividends paid | $29.0M | $57.7M | $0 | $0 |
| Share buybacks (net) | — | $1.5M | $32.1M | $0 |
| Capex / revenue | 200.9% | 454.4% | 1,285.2% | 457.4% |
| Capex / operating cash flow | 337.1% | 316.5% | 160.6% | 7,956.5% |
| Capex / depreciation | 4.20 | 10.08 | 28.52 | 6.19 |
| Stock-based compensation / revenue | 12.3% | 1.6% | 6.6% | 9.4% |
| SG&A / revenue | 15.5% | 7.2% | 18.8% | 53.6% |
| Efficiency | ||||
| Days sales outstanding | 127.9 | 58.0 | 291.7 | — |
| Days payables outstanding | 312.9 | 490.1 | 2,409.9 | — |
| Cash conversion cycle (days) | -185.1 | -432.0 | -2,118.1 | — |
| Receivables turnover | 2.85 | 6.29 | 1.25 | — |
| Payables turnover | 1.17 | 0.74 | 0.15 | — |
| Asset turnover | 0.15 | 0.17 | 0.05 | — |
| Average receivables | $1.80B | $304.3M | $183.0M | — |
| Average payables | $1.25B | $661.9M | $455.6M | — |
| Intangibles / total assets | 2.7% | 0.1% | 0.5% | — |
Computed from CRWV's annual financial statements (latest annual report filed March 2, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
CRWV valuation and financial ratios
CoreWeave earned a return on equity of −79.9% and a return on invested capital of −0.2% in fiscal 2025. It ended the year with $29.8 billion of debt and $4.0 billion in cash and short-term investments, net debt of $25.8 billion. It returned $29.0 million to shareholders: $29.0 million in dividends and $0 in share buybacks.
See the CRWV income statement, the CRWV chart for price history, or the CRWV stock overview for the latest quote and news.
CRWV key metrics FAQ
What is CoreWeave's EV/EBITDA?
CoreWeave's enterprise value was 23.1 times EBITDA at the end of fiscal 2025 (enterprise value $57.0 billion, EBITDA $2.5 billion); the current EV/EBITDA is 23.9.
What is CoreWeave's return on equity?
CoreWeave's return on equity (ROE) was −79.9% in fiscal 2025: net income of -$1.2 billion on average shareholders' equity of $1.5 billion.
What is CoreWeave's ROIC?
CoreWeave's return on invested capital was −0.2% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does CoreWeave have?
CoreWeave had total debt of $29.8 billion at the end of fiscal 2025, a debt-to-equity ratio of 8.94 and $25.8 billion of net debt (10.47 times EBITDA).
What is CoreWeave's dividend yield?
CoreWeave paid $29.0 million in dividends in fiscal 2025 ($0.07 per share), a payout ratio of —.
What is CoreWeave's free cash flow yield?
CoreWeave generated -$7.3 billion of free cash flow in fiscal 2025, a free cash flow yield of −23.3% on its market value at year-end ($31.2 billion).
What is CoreWeave's current ratio?
CoreWeave's current ratio was 0.46 at the end of fiscal 2025: current assets were 0.46 times current liabilities.