MARA price to free cash flow MARA

Market value divided by free cash flow over the last twelve months, since 2014.

Today, Oct 23, 2026: n/m; not a meaningful number
Last meaningful: 6.5×; Mar 2019
10-year median: 2.2×
10-year range: 0.7× to 8.5×
Peer median: 12.1×

MARA's price to free cash flow is not a meaningful number today: free cash flow over the last twelve months was zero, negative or not reported.

It was last meaningful in Mar 2019, at 6.5×.

On the days it had one over the last ten years, its median was 2.2×, from 0.7× in Jun 2017 to 8.5× in Feb 2019.

Price to free cash flow over time

median 2.2×

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
2019	6.5×	3.9×	8.5×
2018	4.6×	4.6×	7.7×
2017	1.1×	0.7×	2.6×
2016	2.3×	2.0×	2.8×
2015	n/m a value too high to mean anything
2014	124×	80.6×	124×

Against its peers

Companies in Financial - Credit Services nearest MARA's size, closest first, today.

Company	Price to free cash flow
MARAMARA	n/m
CBZCBIZ	10.9×
EEFTEuronet Worldwide	9.1×
PAYOPayoneer Global	13.4×
FLYWFlywire	14.8×
UPSTUpstart	n/m
MMSMaximus	7.6×
AGMFederal Agricultural Mortgage	n/m
TNETTrinet	12.1×
ECPGEncore Capital	16.6×
SLMSLM	n/m
Peer median	12.1×

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 MARA

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