CrowdStrike Holdings, Inc. (CRWD) intrinsic value & 10-year financials
CrowdStrike Holdings, Inc. (CRWD) has a Graham intrinsic value of $12.29 per share. At $227.39 on Oct 17, 2026, the stock trades 1750% above that value. Over the last 10 fiscal years revenue grew 58.8% a year to $4.8B, with an average return on invested capital of 37.8%.
- Graham intrinsic value
- $12.29
- Share price (Oct 17, 2026)
- $227.39
- Price vs Graham value
- 1750% above
- Market cap
- $57.0B
- Revenue (FY2026)
- $4.8B
- Revenue growth (10-yr CAGR)
- 58.8%
- ROIC (10-yr avg)
- 37.8%
- Free cash flow (FY2026)
- $1.3B
CRWD 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2026 | $4.8B | -$162.5M | -$0.65 | $1.3B | -6.1% | 218.4% |
| FY2025 | $4.0B | -$19.3M | -$0.08 | $1.1B | -3.0% | 21.5% |
| FY2024 | $3.1B | $89.3M | $0.37 | $989.7M | -0.1% | 0.6% |
| FY2023 | $2.2B | -$183.2M | -$0.79 | $706.0M | -8.5% | 89.0% |
| FY2022 | $1.5B | -$234.8M | -$1.03 | $462.6M | -9.8% | 58.9% |
| FY2021 | $874.4M | -$92.6M | -$0.43 | $303.8M | -10.6% | -92.9% |
| FY2020 | $481.4M | -$141.8M | -$0.96 | $19.7M | -30.3% | -30.6% |
| FY2019 | $249.8M | -$140.1M | — | -$58.8M | -54.8% | — |
| FY2018 | $118.8M | -$135.5M | — | -$81.7M | -110.7% | — |
| FY2017 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
CrowdStrike revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
CrowdStrike has historically struggled to out-earn its cost of capital, averaging just 7.0% ROIC.
CrowdStrike capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, CrowdStrike is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $12.29 per share.