Debt to Equity
since 2020
Calculation
CrowdStrike Holdings Inc., debt to equity, long-term trends, calculation
| Debt to equity | = | Long-term debt1 | ÷ | Total CrowdStrike Holdings, Inc. stockholders’ equity1 | |
|---|---|---|---|---|---|
| Jan 31, 2025 | 0.23 | = | 743,983) | ÷ | 3,279,494) |
| Jan 31, 2024 | 0.32 | = | 742,494) | ÷ | 2,303,950) |
| Jan 31, 2023 | 0.51 | = | 741,005) | ÷ | 1,463,641) |
| Jan 31, 2022 | 0.72 | = | 739,517) | ÷ | 1,025,764) |
| Jan 31, 2021 | 0.85 | = | 738,029) | ÷ | 870,574) |
| Jan 31, 2020 | 0.00 | = | —) | ÷ | 742,107) |
Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31).
1 US$ in thousands
- Long-term debt
- The long-term debt remained relatively stable over the analyzed period. From January 31, 2021, to January 31, 2025, values showed only a slight incremental increase each year, moving from approximately $738 million to $744 million. This suggests limited reliance on additional long-term borrowing and a consistent debt level maintained by the company throughout these years.
- Total stockholders’ equity
- Stockholders’ equity exhibited a significant and steady increase during the period under review. Starting from $742 million in January 2020, it grew progressively each year, reaching approximately $3.28 billion by January 2025. The growth trend accelerated particularly from January 2023 onwards, indicating strongly expanding equity, likely driven by retained earnings, capital raising, or reevaluation of assets.
- Debt to equity ratio
- The debt to equity ratio demonstrated a clear downward trend across the observed timeframe. Beginning at 0.85 in January 2021, the ratio steadily decreased to 0.23 by January 2025. This decline illustrates a reduction in leverage relative to equity, reflecting a stronger equity base and possibly a more conservative capital structure. The progressively lower ratio indicates improved financial stability and lower financial risk associated with debt obligations.
Comparison to Competitors
CrowdStrike Holdings Inc., debt to equity, long-term trends, comparison to competitors
| CrowdStrike Holdings Inc. | Accenture PLC | Adobe Inc. | Cadence Design Systems Inc. | Fair Isaac Corp. | International Business Machines Corp. | Intuit Inc. | Microsoft Corp. | Oracle Corp. | Palantir Technologies Inc. | Palo Alto Networks Inc. | Salesforce Inc. | ServiceNow Inc. | Synopsys Inc. | Workday Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jan 31, 2025 | 0.23 | — | — | — | — | — | — | — | 4.53 | — | — | 0.15 | — | — | 0.33 |
| Jan 31, 2024 | 0.32 | 0.04 | 0.40 | 0.53 | — | 2.01 | 0.33 | 0.29 | 9.98 | 0.00 | 0.19 | 0.17 | 0.15 | 0.00 | 0.37 |
| Jan 31, 2023 | 0.51 | 0.01 | 0.22 | 0.19 | — | 2.51 | 0.35 | 0.31 | 84.33 | 0.00 | 1.14 | 0.20 | 0.20 | 0.00 | 0.53 |
| Jan 31, 2022 | 0.72 | 0.00 | 0.29 | 0.27 | — | 2.32 | 0.42 | 0.39 | — | 0.00 | 17.51 | 0.19 | 0.30 | 0.00 | 0.41 |
| Jan 31, 2021 | 0.85 | 0.00 | 0.28 | 0.13 | — | 2.74 | 0.21 | 0.50 | 16.08 | 0.00 | 5.08 | 0.07 | 0.43 | 0.02 | 0.55 |
| Jan 31, 2020 | 0.00 | 0.00 | 0.31 | 0.14 | 2.52 | 2.99 | 0.66 | 0.62 | 5.93 | 0.13 | 2.80 | 0.09 | 0.58 | 0.03 | 0.51 |
Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31).
Comparison to Sector (Software & Services)
CrowdStrike Holdings Inc., debt to equity, long-term trends, comparison to sector (software & services)
| CrowdStrike Holdings Inc. | Software & Services | |
|---|---|---|
| Jan 31, 2025 | 0.23 | — |
| Jan 31, 2024 | 0.32 | 0.54 |
| Jan 31, 2023 | 0.51 | 0.64 |
| Jan 31, 2022 | 0.72 | 0.71 |
| Jan 31, 2021 | 0.85 | 0.83 |
| Jan 31, 2020 | 0.00 | 0.95 |
Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31).
Comparison to Industry (Information Technology)
CrowdStrike Holdings Inc., debt to equity, long-term trends, comparison to industry (information technology)
| CrowdStrike Holdings Inc. | Information Technology | |
|---|---|---|
| Jan 31, 2025 | 0.23 | — |
| Jan 31, 2024 | 0.32 | 0.61 |
| Jan 31, 2023 | 0.51 | 0.66 |
| Jan 31, 2022 | 0.72 | 0.70 |
| Jan 31, 2021 | 0.85 | 0.83 |
| Jan 31, 2020 | 0.00 | 0.97 |
Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31).