Box price to free cash flow BOX

Market value divided by free cash flow over the last twelve months, since 2017.

Today, Oct 23, 2026: 15.2×
9-year median: 40.4×
Against its 9-year history: 29th; percentile: 0 is its lowest day, 100 its highest
9-year range: 8.4× to 385×
Peer median: 19.2×

Box's price to free cash flow is 15.2× as of Oct 23, 2026.

That is below its 9-year median of 40.4×, lower than on 71% of days in the last 9 years.

Over that time it ranged from 8.4× in Apr 2026 to 385× in Jul 2017.

The median for 10 infrastructure software stocks of a similar size is 19.2×.

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	15.2×	8.4×	15.2×
2025	12.5×	12.5×	16.8×
2024	n/m a value too high to mean anything
2023	n/m a value too high to mean anything
2022	n/m a value too high to mean anything
2021	21.4×	18.0×	25.0×
2020	19.7×	18.9×	76.7×
2019	46.6×	39.1×	74.1×
2018	45.7×	38.5×	146×
2017	132×	129×	385×

Against its peers

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

Company	Price to free cash flow
BOXBox	15.2×
SAICScience Applications International	9.9×
YOUClear Secure	12.1×
ACIWACI Worldwide	18.1×
WAYWaystar	22.5×
PSNParsons	17.0×
BBBLACKBERRY	56.9×
OTEXOpen Text	8.4×
CVLTCommvault Systems	27.2×
PATHUiPath	20.3×
APPFAppfolio	27.6×
Peer median	19.2×

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 Box

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