Factset Research Systems price to free cash flow FDS
Market value divided by free cash flow over the last twelve months, since 2011.
- Today, Oct 23, 2026
- 16.6×
- 10-year median
- 27.5×
- Against its 10-year history
- 8th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 11.2× to 37.0×
- Peer median
- 14.0×
Factset Research Systems' price to free cash flow is 16.6× as of Oct 23, 2026.
That is below its ten-year median of 27.5×, lower than on 92% of days in the last ten years.
Over that time it ranged from 11.2× in Feb 2026 to 37.0× in Dec 2021.
The median for 10 application software stocks of a similar size is 14.0×.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 16.6× | 11.2× | 17.3× |
| 2025 | 17.7× | 15.9× | 33.6× |
| 2024 | 30.1× | 24.2× | 30.3× |
| 2023 | 31.0× | 26.2× | 32.3× |
| 2022 | 31.4× | 28.3× | 36.8× |
| 2021 | 37.0× | 24.1× | 37.0× |
| 2020 | 29.5× | 20.7× | 35.7× |
| 2019 | 28.0× | 21.6× | 34.0× |
| 2018 | 21.5× | 21.0× | 27.9× |
| 2017 | 26.6× | 23.9× | 29.5× |
| 2016 | 23.0× | 19.9× | 24.6× |
| 2015 | 24.0× | 22.3× | 26.7× |
| 2014 | 24.4× | 17.0× | 24.4× |
| 2013 | 18.7× | 18.6× | 21.7× |
| 2012 | 18.5× | 18.2× | 23.3× |
| 2011 | 22.2× | 22.1× | 25.1× |
Against its peers
Companies in Software - Application nearest Factset Research Systems' size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| FDSFactset Research Systems | 16.6× |
| PINSPinterest | 9.9× |
| DOCNDigitalOcean | 56.4× |
| ESTCElastic | 30.8× |
| MTCHMatch | 9.2× |
| HUBSHubSpot | 16.9× |
| HNGEHinge Health | 31.0× |
| FICOFair Isaac | 17.7× |
| SSNCSS&C Technologies | 11.1× |
| RNGRingCentral | 10.9× |
| TTDTrade Desk | 7.1× |
| Peer median | 14.0× |
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 Factset Research Systems
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.