Gartner price to free cash flow IT

Market value divided by free cash flow over the last twelve months, since 2011.

Today, Oct 23, 2026: 11.3×
10-year median: 26.6×
Against its 10-year history: 7th; percentile: 0 is its lowest day, 100 its highest
10-year range: 6.8× to 78.4×
Peer median: 21.2×

Gartner's price to free cash flow is 11.3× as of Oct 23, 2026.

That is below its ten-year median of 26.6×, lower than on 93% of days in the last ten years.

Over that time it ranged from 6.8× in Jun 2026 to 78.4× in Mar 2018.

The median for 5 specialty Business Services stocks of a similar size is 21.2×.

Price to free cash flow over time

median 26.6×

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

Year	End of year	Low	High
2026 so far	11.3×	6.8×	14.7×
2025	15.0×	11.5×	33.0×
2024	29.6×	29.6×	40.7×
2023	34.4×	24.1×	34.5×
2022	25.5×	14.7×	26.7×
2021	21.5×	19.4×	26.9×
2020	23.4×	17.8×	39.0×
2019	37.2×	28.3×	41.7×
2018	32.8×	32.8×	78.4×
2017	49.2×	25.1×	49.6×
2016	26.5×	22.7×	27.5×
2015	26.1×	22.0×	26.7×
2014	23.9×	21.7×	24.6×
2013	23.8×	19.1×	24.5×
2012	17.8×	14.6×	19.6×
2011	14.8×	14.8×	24.0×

Against its peers

Companies in Specialty Business Services nearest Gartner's size, closest first, today.

Company	Price to free cash flow
ITGartner	11.3×
ULSUL Solutions	34.0×
CPRTCopart	21.2×
MHMcGraw Hill	8.3×
CTASCintas	43.8×
VVXV2X	17.8×
Peer median	21.2×

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 Gartner

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