Superworth

HP price to free cash flow HPQ

Market value divided by free cash flow over the last twelve months, since 2010.

Today, Oct 23, 2026
7.8×
10-year median
8.6×
Against its 10-year history
37th
percentile: 0 is its lowest day, 100 its highest
10-year range
1.0× to 14.8×
Peer median
25.7×

HP's price to free cash flow is 7.8× as of Oct 23, 2026.

That is below its ten-year median of 8.6×, close to the middle of its last ten years.

Over that time it ranged from 1.0× in Feb 2018 to 14.8× in May 2023.

The median for 10 computer hardware stocks of a similar size is 25.7×.

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.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far7.8×5.3×8.2×
20257.6×6.5×10.3×
20249.9×8.7×11.8×
202310.1×7.5×14.8×
20227.2×5.4×7.5×
20217.0×6.0×12.6×
20208.5×4.5×13.8×
20197.5×5.5×9.3×
20187.9×1.0×11.6×
20171.1×1.1×12.6×
20169.0×5.7×9.2×
20157.3×3.3×8.5×
20144.0×2.9×4.1×
20132.5×1.9×2.7×
20121.8×1.8×4.0×
20112.9×2.2×6.2×
20105.4×4.5×5.7×

Against its peers

Companies in Computer Hardware nearest HP's size, closest first, today.

CompanyPrice to free cash flow
HPQHP7.8×
PEverpure321×
NTAPNetApp25.7×
SMCISuper Micro Computern/m
LOGILogitech International15.4×
HPEHewlett Packard Enterprise18.1×
WDCWestern Digitaln/m
STXSeagate Technology46.0×
SNDKSandisk15.8×
ANETArista Networks42.2×
NATLNCR Atleosn/m
Peer median25.7×

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 HP

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