Crexendo, Inc. (CXDO) Key Metrics

NASDAQ: CXDOValuation, returns, debt and efficiency ratios over 10 years.

CXDO valuation today

Trailing 12 months · as of October 17, 2026
Market cap
$181.9M
Enterprise value
$180.9M
P/E (TTM)
39.1
10-yr median 49.2
Forward P/E
196.1
PEG ratio
—
Price / sales
2.2
10-yr median 2.7
Price / book
2.5
10-yr median 3.9
EV / EBITDA
19.3
10-yr median 34.4
Dividend yield
—
Beta
1.15

CXDO key metrics, 2016–2025

Fiscal year ended December 31, 2025 · U.S. dollars

CXDO valuation Price multiples at each fiscal year-end price.

P/E ratio−56.9%
40.4
2025 · hover or tap a bar for each year
2019: 58.12020: 15.2 (−73.8%)2024: 93.62025: 40.4 (−56.9%)
20162025
Price / sales+16.4%
3.0
2025 · hover or tap a bar for each year
2016: 2.1 (+15.5%)2017: 2.8 (+32.8%)2018: 2.4 (−14.7%)2019: 4.6 (+90.3%)2020: 7.4 (+60.8%)2021: 3.6 (−51.0%)2022: 1.2 (−67.8%)2023: 2.4 (+103.8%)2024: 2.6 (+9.1%)2025: 3.0 (+16.4%)
20162025
Price / book+5.0%
3.2
2025 · hover or tap a bar for each year
2016: 37.6 (+476.2%)2017: 21.9 (−41.9%)2018: 14.3 (−34.4%)2019: 15.1 (+5.2%)2020: 4.7 (−68.9%)2021: 1.5 (−67.2%)2022: 1.1 (−31.6%)2023: 2.8 (+168.3%)2024: 3.1 (+8.3%)2025: 3.2 (+5.0%)
20162025
EV / EBITDA−25.0%
20.1
2025 · hover or tap a bar for each year
2019: 49.72020: 47.1 (−5.1%)2023: 34.42024: 26.8 (−22.1%)2025: 20.1 (−25.0%)
20162025
Price / free cash flow−12.1%
22.1
2025 · hover or tap a bar for each year
2017: 99.62018: 64.4 (−35.3%)2019: 42.2 (−34.4%)2023: 36.92024: 25.1 (−32.1%)2025: 22.1 (−12.1%)
20162025
Free cash flow yield+0.5 pts
4.5%
2025 · hover or tap a bar for each year
2016: −5.8% (+15.0 pts)2017: 1.0% (+6.8 pts)2018: 1.6% (+0.5 pts)2019: 2.4% (+0.8 pts)2020: −0.2% (−2.6 pts)2021: −1.1% (−0.9 pts)2022: −1.6% (−0.5 pts)2023: 2.7% (+4.3 pts)2024: 4.0% (+1.3 pts)2025: 4.5% (+0.5 pts)
20162025

CXDO valuation history

Fiscal year-endToday10-year median

CXDO returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

CXDO debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

CXDO cash returned to shareholders

DividendsBuybacksFree cash flow

CXDO price vs earnings per share

Share price at year-endEPS (right axis)

CXDO key metrics

2016–2025
Crexendo, Inc. key metrics by fiscal year
2025202420232022202120202019201820172016
Valuation
Market capitalization$204.7M$157.0M$125.8M$43.6M$101.4M$120.7M$66.1M$28.7M$29.3M$19.4M
Enterprise value$174.5M$140.9M$117.7M$42.5M$96.7M$105.2M$62.1M$27.0M$28.1M$19.8M
P/E ratio40.493.6———15.258.1———
Price / sales3.02.62.41.23.67.44.62.42.82.1
Price / book3.23.12.81.11.54.715.114.321.937.6
Price / free cash flow22.125.136.9———42.264.499.6—
Price / operating cash flow22.025.036.0——186.640.463.499.6—
EV / sales2.62.32.21.13.46.44.32.32.72.2
EV / EBITDA20.126.834.4——47.149.7———
EV / free cash flow18.822.534.5———39.760.795.5—
Earnings yield2.5%1.1%−0.3%−81.3%−2.4%6.6%1.7%−0.8%−3.5%−14.4%
Free cash flow yield4.5%4.0%2.7%−1.6%−1.1%−0.2%2.4%1.6%1.0%−5.8%
Dividend yield—0.0%0.1%1.1%1.5%0.4%0.7%———
Shareholder yield (dividends + buybacks)—0.0%0.3%1.1%1.7%0.4%0.7%0.0%0.0%0.0%
Share price at fiscal year-end$6.47$5.23$4.85$1.90$5.00$6.93$4.25$2.00$2.10$1.45
Per share
Revenue per share$2.15$2.03$2.05$1.64$1.39$0.94$0.93$0.83$0.74$0.68
Earnings per share$0.16$0.06−$0.01−$1.54−$0.12$0.46$0.07−$0.02−$0.07−$0.21
Operating cash flow per share$0.29$0.21$0.13−$0.02−$0.05$0.04$0.11$0.03$0.02−$0.08
Free cash flow per share$0.29$0.21$0.13−$0.03−$0.05−$0.02$0.10$0.03$0.02−$0.08
Cash per share$0.99$0.61$0.40$0.24$0.37$1.01$0.27$0.13$0.09$0.05
Book value per share$2.02$1.71$1.72$1.81$3.25$1.48$0.28$0.14$0.10$0.04
Tangible book value per share$1.15$0.71$0.45$0.23$0.34$1.45$0.23$0.11$0.06−$0.01
Dividends per share—$0.00$0.01$0.02$0.08$0.03$0.03———
Capex per share$0.00$0.00$0.00$0.01$0.00$0.05$0.00$0.00$0.00$0.00
Debt per share$0.04$0.07$0.08$0.19$0.14$0.12$0.01$0.01$0.01$0.08
Shares outstanding31.6M30.0M25.9M22.9M20.3M17.4M15.6M14.3M13.9M13.4M
Change in shares outstanding+5.4%+15.7%+13.1%+13.1%+16.4%+12.0%+8.6%+2.8%+4.3%+3.1%
Returns & profitability
Return on equity (ROE)8.8%3.5%−0.8%−66.0%−5.3%52.7%35.7%−13.4%−110.0%−205.4%
Return on invested capital (ROIC)12.9%4.5%−3.5%−58.1%−6.2%18.7%311.5%−66.8%−122.5%−164.3%
Return on assets (ROA)7.1%2.8%−0.6%−53.3%−4.5%41.3%18.5%−5.6%−29.2%−60.7%
Return on tangible assets10.1%4.8%−1.6%−182.0%−13.6%26.3%16.2%−5.4%−34.8%−95.4%
Free cash flow margin13.6%10.3%6.4%−1.9%−3.9%−1.7%10.8%3.7%2.8%−12.3%
Income quality (OCF / net income)1.833.75———0.081.44———
Financial health
Total debt$1.1M$2.1M$2.2M$4.4M$2.8M$2.0M$167,000$200,000$79,000$1.0M
Cash & short-term investments$31.4M$18.2M$10.3M$5.5M$7.5M$17.6M$4.2M$1.8M$1.3M$619,000
Net debt−$30.2M−$16.1M−$8.2M−$1.1M−$4.7M−$15.6M−$4.0M−$1.6M−$1.2M$413,000
Debt / equity0.020.040.050.110.040.080.040.100.062.00
Debt / assets0.010.030.040.080.040.070.020.040.020.29
Net debt / EBITDA−3.48−3.05−2.38——−6.96−3.21———
Current ratio3.402.221.651.191.097.721.991.661.231.03
Quick ratio3.362.191.611.121.077.521.851.521.170.94
Interest coverage246.843.4-14.7-479.4-33.513.094.6-17.2-3.9-20.0
Working capital$29.6M$14.8M$6.7M$2.0M$988,000$17.2M$2.8M$1.3M$478,000$57,000
Invested capital$33.6M$35.3M$36.5M$40.4M$61.3M$10.2M$374,000$351,000$136,000$928,000
Tangible asset value$36.5M$21.4M$11.6M$5.3M$6.8M$25.2M$3.6M$1.6M$828,000−$92,000
Net current asset value$28.0M$13.4M$5.4M−$1.8M$341,000$14.8M$2.3M$784,000$437,000−$968,000
Graham number$2.70$1.47———$3.89$0.68———
Graham net-net per share$0.72$0.30$0.09−$0.23−$0.08$0.78$0.09−$0.01−$0.03−$0.15
Capital allocation
Dividends paid—$0$130,000$462,000$1.6M$462,000$462,000———
Share buybacks (net)——$264,000$0$163,000$0$0$0$0$0
Dividend payout ratio—0.0%———5.8%40.6%———
Dividends + buybacks / free cash flow—0.0%11.6%———29.5%0.0%0.0%—
Capex / revenue0.0%0.0%0.2%0.8%0.4%5.6%0.5%0.1%0.1%0.1%
Capex / operating cash flow0.2%0.4%2.6%——142.3%4.4%1.5%2.4%—
Capex / depreciation0.010.010.030.110.063.570.770.080.070.05
Stock-based compensation / revenue4.3%4.9%7.2%11.6%5.8%3.8%2.8%3.7%5.5%7.2%
R&D / revenue8.4%9.1%9.1%10.5%5.0%7.3%5.9%6.7%7.2%9.1%
SG&A / revenue47.7%49.9%53.5%65.6%67.1%56.5%56.1%62.9%67.4%81.5%
Efficiency
Days sales outstanding32.229.429.434.224.517.113.215.216.819.3
Days of inventory on hand6.16.19.012.112.632.727.319.215.915.3
Days payables outstanding23.336.736.043.728.244.733.811.210.39.7
Cash conversion cycle (days)15.0-1.22.42.68.95.06.723.122.424.9
Receivables turnover11.3212.4112.4010.6814.9121.3427.5824.0821.6618.96
Payables turnover15.649.9410.138.3512.958.1610.7832.6435.4637.76
Inventory turnover59.6559.6040.6530.0729.0111.1713.3519.0522.9723.85
Asset turnover0.961.000.950.570.520.852.342.982.971.98
Average receivables$6.0M$4.9M$4.3M$3.5M$1.9M$768,000$523,500$494,500$479,000$481,000
Average payables$1.6M$2.3M$2.1M$1.6M$823,000$606,500$403,500$117,000$97,500$96,000
Average inventory$423,500$387,500$530,500$455,000$367,500$443,000$326,000$200,500$150,500$152,000
Intangibles / total assets35.2%46.2%58.8%65.0%76.6%1.7%9.5%9.7%14.8%17.2%

Computed from CXDO's annual financial statements (latest annual report filed March 3, 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.

CXDO valuation and financial ratios

At the end of fiscal 2025 (December 31, 2025), Crexendo traded at 40.4 times earnings, against a 10-year median of 49.2. Based on the latest twelve months, the trailing P/E is 39.1 and the forward P/E is 196.1. Crexendo earned a return on equity of 8.8% and a return on invested capital of 12.9% in fiscal 2025. It ended the year with $1.1 million of debt and $31.4 million in cash and short-term investments, a net cash position of $30.2 million. The share count rose 136.9% from 13.4M to 31.6M over 9 years.

See the CXDO income statement, the CXDO chart for price history, or the CXDO stock overview for the latest quote and news.

CXDO key metrics FAQ

What is Crexendo's P/E ratio?

Crexendo's trailing P/E ratio is 39.1 based on the last twelve months of earnings (as of October 17, 2026), and its forward P/E is 196.1. At the end of fiscal 2025 it was 40.4, compared with a 10-year median of 49.2.

What is Crexendo's EV/EBITDA?

Crexendo's enterprise value was 20.1 times EBITDA at the end of fiscal 2025 (enterprise value $174.5 million, EBITDA $8.7 million); the current EV/EBITDA is 19.3.

What is Crexendo's return on equity?

Crexendo's return on equity (ROE) was 8.8% in fiscal 2025: net income of $5.1 million on average shareholders' equity of $57.6 million.

What is Crexendo's ROIC?

Crexendo's return on invested capital was 12.9% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does Crexendo have?

Crexendo had total debt of $1.1 million at the end of fiscal 2025, a debt-to-equity ratio of 0.02 and more cash than debt.

What is Crexendo's free cash flow yield?

Crexendo generated $9.3 million of free cash flow in fiscal 2025, a free cash flow yield of 4.5% on its market value at year-end ($204.7 million).

What is Crexendo's current ratio?

Crexendo's current ratio was 3.40 at the end of fiscal 2025: current assets were 3.40 times current liabilities.

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