Clearwater Analytics Holdings Inc Class A risk profile

38 Normal where most of the sector sits

Measured 1 September 2026 from CWAN's filed statements. Recomputed nightly.

38 (Normal), driven by Leverage and coverage at 80, over 5 weighted categories on the SOFTWARE profile.

What is measured

MechanismReadingBandDirectionDriver
Market expectation21NormalStableOne-year price volatility — 30.6%
Operating pressure54ElevatedWorseningCosts outgrowing revenue — +6.3 percentage points
Cash conversion13ContainedEasingCapital spending against operating cash — 0.07x
Leverage and coverage80AcuteWorseningNet debt to EBITDA — 9.39x
Competitive position38NormalStableOperating-margin gap against peers — -11.7 percentage points
ConcentrationReads identified supplier spend, customers above the 10% disclosure threshold and revenue by region. No reading is stored for this company.

These are descriptive readings of disclosed mechanisms, not investment advice, and not a prediction. A band says where a measured input sits, never what to do about it or what happens next.

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Financials, valuation and price history for Clearwater Analytics Holdings Inc Class A