CWAN vs NAVN

Comparison between Clearwater Analytics Holdings, Inc. (CWAN, Company) and Navan Inc - Class A (NAVN, Company).

Both CWAN and NAVN are from the Technology sector.

CWAN vs NAVN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CWAN(COMPANY)	NAVN(COMPANY)
Market Cap	$7.24B	$7.20B
Max Drawdown	54.15%	58.03%
Sharpe Ratio	0.41	0.90
5Y Beta	N/A	0.97
Industry	Software - Application	Software - Application
P/E Ratio	-236.87	-7.28
Forward P/E	35.59	136.99
Debt to Equity	39.35%	10.07%
Free Cash Flow Yield	2.11%	0.45%

Market Cap

Winner

CWAN

$7.24B

NAVN

$7.20B

Max Drawdown

Winner

CWAN

54.15%

NAVN

58.03%

Sharpe Ratio

CWAN

0.41

Winner

NAVN

0.90

5Y Beta

CWAN

N/A

NAVN

0.97

Industry

CWAN

Software - Application

NAVN

Software - Application

P/E Ratio

Winner

CWAN

-236.87

NAVN

-7.28

Forward P/E

Winner

CWAN

35.59

NAVN

136.99

Debt to Equity

CWAN

39.35%

Winner

NAVN

10.07%

Free Cash Flow Yield

Winner

CWAN

2.11%

NAVN

0.45%

CWAN vs NAVN - Historical Returns

Returns include dividend reinvestment.

Period	CWAN	NAVN
1 month	+0.74%	+13.70%
3 months	+3.19%	+64.42%
6 months	+1.87%	+184.58%
1 year	+12.82%	N/A
5 years(CAGR)	-0.68%	N/A
Max(CAGR)	-0.68%	+65.48%

CWAN

+0.74%

Winner

NAVN

+13.70%

CWAN

+3.19%

Winner

NAVN

+64.42%

CWAN

+1.87%

Winner

NAVN

+184.58%

CWAN

+12.82%

NAVN

N/A

5Y(CAGR)

CWAN

-0.68%

NAVN

N/A

Max(CAGR)

CWAN

-0.68%

Winner

NAVN

+65.48%

CWAN vs NAVN - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	CWAN	NAVN
2026	+1.87%	+82.83%
2025	-11.36%	-14.60%
2024	+41.27%	N/A
2023	+7.69%	N/A
2022	-12.38%	N/A
2021	-9.42%	N/A

CWAN vs NAVN Drawdown Comparison

The maximum drawdown for CWAN was -54.15%, occurring on Jun 30, 2022. Recovery took 749 trading sessions.

The maximum drawdown for NAVN was -58.03%, occurring on Mar 24, 2026. Recovery took 142 trading sessions.

The current CWAN drawdown is -25.10%.

Rank	CWAN	NAVN
#1	-54.15% Oct 22, 2021 - Oct 16, 2024	-58.03% Oct 31, 2025 - May 28, 2026
#2	-51.54% Nov 7, 2024 - Nov 6, 2025	-19.83% Jul 20, 2026 - Aug 4, 2026
#3	-14.73% Sep 29, 2021 - Oct 21, 2021	-16.79% Jun 2, 2026 - Jun 29, 2026
#4	-4.71% Oct 18, 2024 - Nov 6, 2024	-7.19% Jul 7, 2026 - Jul 20, 2026
#5	-0.63% Sep 24, 2021 - Sep 28, 2021	-3.54% Jun 29, 2026 - Jul 1, 2026
#6	N/A	-1.38% Aug 7, 2026 - Aug 13, 2026
#7	N/A	-0.79% Aug 4, 2026 - Aug 7, 2026