Digital Turbine price to free cash flow APPS

Market value divided by free cash flow over the last twelve months, since 2018.

Today, Oct 23, 2026: 56.3×
9-year median: 48.5×
Against its 9-year history: 54th; percentile: 0 is its lowest day, 100 its highest
9-year range: 5.5× to 497×
Peer median: 11.6×

Digital Turbine's price to free cash flow is 56.3× as of Oct 23, 2026.

That is above its 9-year median of 48.5×, close to the middle of its last 9 years.

Over that time it ranged from 5.5× in Apr 2024 to 497× in Oct 2021.

The median for 10 asset managers of a similar size is 11.6×.

Price to free cash flow over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	56.3×	18.0×	137×
2025	37.2×	30.9×	42.7×
2024	106×	5.5×	133×
2023	13.2×	8.6×	17.3×
2022	13.1×	9.8×	199×
2021	232×	102×	497×
2020	119×	18.0×	127×
2019	48.6×	46.4×	103×
2018	50.6×	20.1×	139×

Against its peers

Companies in Asset Management nearest Digital Turbine's size, closest first, today.

Company	Price to free cash flow
APPSDigital Turbine	56.3×
RPCRidgepost Capital	17.9×
ABXAbacus Global Management	9.1×
VRTSVirtus Investment Partners	n/m
GCMGGCM Grosvenor	13.5×
APAMArtisan Partners Asset Management	10.5×
ABAlliancebernstein	n/m
AAMIAcadian Asset Management	n/m
CNSCohen & Steers	53.4×
LAZLazard	6.2×
FHIFederated Hermes	11.6×
Peer median	11.6×

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 Digital Turbine

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.