Elastic price to free cash flow ESTC

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

Today, Oct 23, 2026: 30.8×
5-year median: 50.7×
Against its 5-year history: 32nd; percentile: 0 is its lowest day, 100 its highest
5-year range: 17.4× to 473×
Peer median: 14.4×

Elastic's price to free cash flow is 30.8× as of Oct 23, 2026.

That is below its 5-year median of 50.7×, lower than on 68% of days in the last 5 years.

Over that time it ranged from 17.4× in Apr 2026 to 473× in Jan 2022.

The median for 10 application software stocks of a similar size is 14.4×.

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	30.8×	17.4×	32.3×
2025	26.8×	23.7×	58.3×
2024	52.3×	45.0×	195×
2023	168×	88.6×	219×
2022	399×	399×	473×

Against its peers

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

Company	Price to free cash flow
ESTCElastic	30.8×
DOCNDigitalOcean	56.4×
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×
TTDTrade Desk	7.1×
PEGAPegasystems	12.2×
Peer median	14.4×

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 Elastic

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