Aviat Networks price to free cash flow AVNW

Market value divided by free cash flow over the last twelve months, since 2012.

Today, Oct 23, 2026: 40.3×
9-year median: 23.2×
Against its 9-year history: 80th; percentile: 0 is its lowest day, 100 its highest
9-year range: 4.1× to 364×
Peer median: 23.4×

Aviat Networks' price to free cash flow is 40.3× as of Oct 23, 2026.

That is above its 9-year median of 23.2×, higher than on 80% of days in the last 9 years.

Over that time it ranged from 4.1× in Mar 2020 to 364× in Oct 2022.

The median for 3 communication equipment stocks of a similar size is 23.4×.

Price to free cash flow over time

median 23.2×

The dashed line is the 9-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	40.3×	16.2×	43.7×
2025	23.2×	22.6×	37.5×
2024	9.2×	8.9×	63.4×
2023	29.3×	26.4×	29.3×
2022	364×	27.3×	364×
2021	31.0×	15.5×	33.9×
2020	15.9×	4.1×	16.8×
2019	7.2×	7.1×	110×
2018	51.0×	13.1×	58.1×
2017	12.6×	12.5×	32.9×
2016	8.8×	6.0×	10.9×
2015	n/m a value too high to mean anything
2014	n/m a value too high to mean anything
2013	21.9×	11.8×	229×
2012	203×	148×	203×

Against its peers

Companies in Communication Equipment nearest Aviat Networks' size, closest first, today.

Company	Price to free cash flow
AVNWAviat Networks	40.3×
BKTIBK Technologies	12.8×
NSSCNapco Security Technologies	23.4×
ATENA10 Networks	30.3×
Peer median	23.4×

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 Aviat Networks

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