DigitalOcean price to free cash flow DOCN

Market value divided by free cash flow over the last twelve months, since 2022.

Today, Oct 23, 2026: 56.4×
5-year median: 33.2×
Against its 5-year history: 74th; percentile: 0 is its lowest day, 100 its highest
5-year range: 15.9× to 179×
Peer median: 13.9×

DigitalOcean's price to free cash flow is 56.4× as of Oct 23, 2026.

That is above its 5-year median of 33.2×, higher than on 74% of days in the last 5 years.

Over that time it ranged from 15.9× in Oct 2023 to 179× in Feb 2022.

The median for 10 application software stocks of a similar size is 13.9×.

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	56.4×	25.5×	97.6×
2025	25.8×	22.8×	38.7×
2024	30.2×	20.8×	34.7×
2023	25.5×	15.9×	62.5×
2022	45.1×	43.8×	179×

Against its peers

Companies in Software - Application nearest DigitalOcean's size, closest first, today.

Company	Price to free cash flow
DOCNDigitalOcean	56.4×
ESTCElastic	30.8×
MTCHMatch	9.2×
FDSFactset Research Systems	16.6×
PINSPinterest	9.9×
HNGEHinge Health	31.0×
HUBSHubSpot	16.9×
RNGRingCentral	10.9×
FICOFair Isaac	17.7×
SSNCSS&C Technologies	11.1×
TTDTrade Desk	7.1×
Peer median	13.9×

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 DigitalOcean

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