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ADTRAN price to free cash flow ADTN

Market value divided by free cash flow over the last twelve months, since 2011.

Today, Oct 23, 2026
9.2×
10-year median
47.3×
Against its 10-year history
13th
percentile: 0 is its lowest day, 100 its highest
10-year range
6.9× to 178×
Peer median
26.8×

ADTRAN's price to free cash flow is 9.2× as of Oct 23, 2026.

That is below its ten-year median of 47.3×, lower than on 87% of days in the last ten years.

Over that time it ranged from 6.9× in Aug 2025 to 178× in Oct 2016.

The median for 7 communication equipment stocks of a similar size is 26.8×.

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.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far9.2×7.9×19.9×
202510.5×6.9×37.5×
202426.4×25.0×27.8×
2023n/m a value too high to mean anything
202278.8×66.4×79.0×
202186.9×76.5×86.9×
202053.2×49.0×58.5×
201955.3×13.8×104×
201851.7×51.1×62.7×
201761.6×45.1×165×
2016166×31.4×191×
201531.4×17.3×32.2×
201430.9×22.0×38.5×
201324.0×13.6×24.0×
201213.0×9.1×19.3×
201115.2×14.4×29.8×

Against its peers

Companies in Communication Equipment nearest ADTRAN's size, closest first, today.

CompanyPrice to free cash flow
ADTNADTRAN9.2×
BKTIBK Technologies12.8×
AVNWAviat Networks40.3×
NSSCNapco Security Technologies23.4×
ATENA10 Networks30.3×
DGIIDigi International20.9×
EXTRExtreme Networks30.1×
ONDSOndasn/m
Peer median26.8×

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 ADTRAN

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.