Asana price to free cash flow ASAN

Market value divided by free cash flow over the last twelve months, since 2025.

Today, Oct 23, 2026: 22.2×
Peer median: 16.8×

Asana's price to free cash flow is 22.2× as of Oct 23, 2026.

The median for 10 infrastructure software stocks of a similar size is 16.8×.

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	22.2×	13.4×	41.2×
2025	43.9×	43.9×	454×

Against its peers

Companies in Software - Infrastructure nearest Asana's size, closest first, today.

Company	Price to free cash flow
ASANAsana	22.2×
NTCTNetscout Systems	11.0×
BLKBBlackbaud	7.7×
NCNOnCino	18.5×
ALRMAlarm.com	16.8×
KDKyndryl	21.7×
SPSCSPS Commerce	16.8×
AGYSAgilysys	42.3×
AVPTAvePoint	34.6×
BLBlackline	11.5×
MQMarqeta	9.9×
Peer median	16.8×

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 Asana

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