Array Digital Infrastructure price to free cash flow AD
Market value divided by free cash flow over the last twelve months, since 2011.
- Today, Oct 23, 2026
- n/m
- not a meaningful number
- Last meaningful
- 31.5×
- Jul 2026
- 10-year median
- 16.4×
- 10-year range
- 6.0× to 86.8×
- Peer median
- 21.9×
Array Digital Infrastructure's price to free cash flow is not a meaningful number today: free cash flow over the last twelve months was zero, negative or not reported.
It was last meaningful in Jul 2026, at 31.5×.
On the days it had one over the last ten years, its median was 16.4×, from 6.0× in May 2024 to 86.8× in Aug 2017.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 31.5× | 11.2× | 50.4× |
| 2025 | 12.6× | 9.4× | 17.3× |
| 2024 | 15.4× | 6.0× | 15.7× |
| 2023 | 14.0× | 7.2× | 19.0× |
| 2022 | 16.2× | 7.7× | 35.6× |
| 2021 | 13.7× | 10.2× | 33.8× |
| 2020 | 30.7× | 22.6× | 36.6× |
| 2019 | 24.7× | 14.2× | 27.0× |
| 2018 | 23.8× | 19.9× | 49.3× |
| 2017 | 49.3× | 44.5× | 86.8× |
| 2016 | n/m a value too high to mean anything | ||
| 2015 | n/m a value too high to mean anything | ||
| 2014 | n/m a value too high to mean anything | ||
| 2013 | 18.5× | 15.5× | 43.6× |
| 2012 | 99.2× | 10.2× | 101× |
| 2011 | 10.3× | 9.2× | 11.6× |
Against its peers
Companies in Telecommunications Services nearest Array Digital Infrastructure's size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| ADArray Digital Infrastructure | n/m |
| CALXCalix | 26.9× |
| TDSTelephone & Data Systems | n/m |
| IDTIDT | 30.1× |
| IRDMIridium Communications | 17.0× |
| ATEXAnterix | 138× |
| CHTRCharter Communications | 3.0× |
| ATNIATN International | 9.6× |
| Peer median | 21.9× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on Array Digital Infrastructure
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.