Dell Technologies price to free cash flow DELL

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

Today, Oct 23, 2026: 33.9×
10-year median: 7.2×
Against its 10-year history: 95th; percentile: 0 is its lowest day, 100 its highest
10-year range: 1.9× to 63.1×
Peer median: 25.7×

Dell Technologies' price to free cash flow is 33.9× as of Oct 23, 2026.

That is above its ten-year median of 7.2×, higher than on 95% of days in the last ten years.

Over that time it ranged from 1.9× in Mar 2020 to 63.1× in May 2023.

The median for 8 computer hardware stocks of a similar size is 25.7×.

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	33.9×	11.9×	43.5×
2025	19.3×	16.9×	42.6×
2024	29.1×	7.6×	30.2×
2023	7.7×	6.9×	63.1×
2022	30.0×	3.7×	31.2×
2021	4.1×	2.9×	5.0×
2020	4.1×	1.9×	4.9×
2019	3.0×	2.6×	4.3×
2018	2.7×	2.5×	6.0×
2017	5.5×	5.5×	12.7×

Against its peers

Companies in Computer Hardware nearest Dell Technologies' size, closest first, today.

Company	Price to free cash flow
DELLDell Technologies	33.9×
ANETArista Networks	42.2×
SNDKSandisk	15.8×
STXSeagate Technology	46.0×
WDCWestern Digital	n/m
HPEHewlett Packard Enterprise	18.1×
NTAPNetApp	25.7×
PEverpure	321×
HPQHP	7.8×
Peer median	25.7×

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 Dell Technologies

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