Stock Analysis on Net

CrowdStrike Holdings Inc. (NASDAQ:CRWD)

Return on Equity (ROE) 
since 2020

Microsoft Excel

Calculation

CrowdStrike Holdings Inc., ROE, long-term trends, calculation

Microsoft Excel

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

Net Income (Loss) Attributable to CrowdStrike
The net income figures display significant fluctuations over the observed periods. Initially, there is a substantial net loss of $141.8 million in 2020, which improves to a smaller loss of $92.6 million in 2021. However, the loss escalates again in 2022 to $234.8 million before slightly decreasing to a $183.2 million loss in 2023. Notably, in 2024, there is a shift to positive net income of $89.3 million, indicating a period of profitability. Yet, this positive trend reverses in 2025, with a net loss of $19.3 million.
Total Stockholders’ Equity
The stockholders’ equity shows a consistent and strong upward trajectory throughout all periods. Starting at $742.1 million in 2020, it increases steadily each year, reaching $3.28 billion by 2025. This continuous growth suggests ongoing capital accumulation or retained earnings contributing to the company’s financial foundation.
Return on Equity (ROE)
The ROE metric mirrors the volatility observed in net income. It remains negative for most years, from -19.1% in 2020 to a low of -22.9% in 2022. There is a notable improvement in 2024 when ROE turns positive at 3.88%, coinciding with the net income turning profitable. However, this positive return is not sustained, as ROE declines to -0.59% in 2025, reflecting a return to unprofitable performance relative to equity.
Summary of Financial Trends
The data reveals a pattern of operational challenges reflected in recurring net losses for the majority of the periods. Despite these losses, the company has managed to grow its stockholders’ equity substantially, indicating strong capital support or reinvestment strategies. The occasional improvement to positive net income and ROE in 2024 suggests potential operational improvements or one-time gains, though the subsequent return to losses and negative ROE in 2025 highlights ongoing volatility and challenges in achieving sustainable profitability.

Comparison to Competitors

CrowdStrike Holdings Inc., ROE, long-term trends, comparison to competitors

Microsoft Excel

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., ROE, long-term trends, comparison to sector (software & services)

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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., ROE, long-term trends, comparison to industry (information technology)

Microsoft Excel

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).