i3 Verticals price to free cash flow IIIV

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

Today, Oct 23, 2026: 9.2×
7-year median: 22.4×
Against its 7-year history: 3rd; percentile: 0 is its lowest day, 100 its highest
7-year range: 7.5× to 237×
Peer median: 18.5×

i3 Verticals' price to free cash flow is 9.2× as of Oct 23, 2026.

That is below its 7-year median of 22.4×, lower than on 97% of days in the last 7 years.

Over that time it ranged from 7.5× in Oct 2026 to 237× in Jan 2026.

The median for 10 infrastructure software stocks of a similar size is 18.5×.

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	9.2×	7.5×	237×
2025	226×	17.3×	226×
2024	17.6×	16.6×	29.8×
2023	23.3×	17.0×	24.0×
2022	18.5×	13.9×	19.3×
2021	16.4×	13.8×	48.3×
2020	49.2×	14.8×	49.2×
2019	30.1×	29.0×	42.1×

Against its peers

Companies in Software - Infrastructure nearest i3 Verticals' size, closest first, today.

Company	Price to free cash flow
IIIVi3 Verticals	9.2×
CCSIConsensus Cloud Solutions	5.9×
GDYNGrid Dynamics	43.9×
MKTWMarketwise	6.5×
OSPNOneSpan	18.5×
RBBNRibbon Communications	34.1×
MKLYMcKinley Acquisition	n/m
RPDRapid7	6.9×
RDVTRed Violet	38.6×
EGANEGAIN	7.2×
XZOExzeo	18.7×
Peer median	18.5×

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 i3 Verticals

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