CrowdStrike price to free cash flow CRWD
Market value divided by free cash flow over the last twelve months, since 2020.
- Today, Oct 23, 2026
- 164×
- 6-year median
- 92.6×
- Against its 6-year history
- 86th
- percentile: 0 is its lowest day, 100 its highest
- 6-year range
- 35.7× to 210×
- Peer median
- 45.6×
CrowdStrike's price to free cash flow is 164× as of Oct 23, 2026.
That is above its 6-year median of 92.6×, higher than on 86% of days in the last 6 years.
Over that time it ranged from 35.7× in Jan 2023 to 210× in Feb 2021.
The median for 10 infrastructure software stocks of a similar size is 45.6×.
Price to free cash flow over time
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 164× | 79.9× | 175× |
| 2025 | 103× | 70.6× | 123× |
| 2024 | 75.2× | 48.9× | 87.4× |
| 2023 | 67.1× | 35.7× | 68.4× |
| 2022 | 39.7× | 38.5× | 117× |
| 2021 | 109× | 105× | 210× |
| 2020 | 184× | 145× | 209× |
Against its peers
Companies in Software - Infrastructure nearest CrowdStrike's size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| CRWDCrowdStrike | 164× |
| PANWPalo Alto Networks | 75.7× |
| ORCLOracle | n/m |
| PLTRPalantir Technologies | 141× |
| FTNTFortinet | 42.4× |
| NETCloudflare | 333× |
| SNPSSynopsys | 30.0× |
| XYZBlock | 11.8× |
| ZSZscaler | 48.8× |
| TWLOTwilio | n/m |
| OKTAOkta | 38.0× |
| Peer median | 45.6× |
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 CrowdStrike
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.