Docusign price to free cash flow DOCU

Market value divided by free cash flow over the last twelve months, since 2019.

Today, Oct 23, 2026: 13.3×
8-year median: 23.9×
Against its 8-year history: 16th; percentile: 0 is its lowest day, 100 its highest
8-year range: 7.4× to 485×
Peer median: 20.2×

Docusign's price to free cash flow is 13.3× as of Oct 23, 2026.

That is below its 8-year median of 23.9×, lower than on 84% of days in the last 8 years.

Over that time it ranged from 7.4× in Jun 2026 to 485× in May 2020.

The median for 10 infrastructure software stocks of a similar size is 20.2×.

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	13.3×	7.4×	13.9×
2025	14.2×	14.1×	22.0×
2024	21.1×	11.5×	23.6×
2023	16.1×	14.3×	34.0×
2022	28.8×	18.6×	64.2×
2021	72.0×	68.3×	266×
2020	223×	223×	485×
2019	262×	114×	262×

Against its peers

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

Company	Price to free cash flow
DOCUDocusign	13.3×
TYLTyler Technologies	22.4×
GWREGuidewire Software	41.0×
GENGen Digital	9.6×
LDOSLeidos	7.9×
GDDYGoDaddy	8.4×
CACICaci International	18.0×
MANHManhattan Associates	34.8×
DTDynatrace	32.5×
AKAMAkamai Technologies	14.1×
TOSTToast	32.8×
Peer median	20.2×

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 Docusign

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