Moelis price to free cash flow MC

Market value divided by free cash flow over the last twelve months, since 2015.

Today, Oct 23, 2026: 9.8×
10-year median: 9.8×
Against its 10-year history: 50th; percentile: 0 is its lowest day, 100 its highest
10-year range: 3.3× to 109×
Peer median: 11.7×

Moelis' price to free cash flow is 9.8× as of Oct 23, 2026.

That is below its ten-year median of 9.8×, close to the middle of its last ten years.

Over that time it ranged from 3.3× in Apr 2022 to 109× in Mar 2023.

The median for 10 asset managers of a similar size is 11.7×.

Price to free cash flow over time

median 9.8×

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	9.8×	7.4×	12.9×
2025	10.7×	9.1×	30.1×
2024	28.4×	22.5×	38.6×
2023	23.8×	10.0×	109×
2022	9.0×	3.3×	10.9×
2021	4.8×	4.6×	13.0×
2020	11.0×	7.5×	14.7×
2019	12.3×	5.6×	13.2×
2018	6.0×	5.8×	14.8×
2017	9.6×	7.1×	10.0×
2016	9.0×	6.6×	11.3×
2015	12.2×	6.8×	12.8×

Against its peers

Companies in Asset Management nearest Moelis' size, closest first, today.

Company	Price to free cash flow
MCMoelis	9.8×
FHIFederated Hermes	11.6×
LAZLazard	6.2×
HLNEHamilton Lane INC	12.4×
HASIHA Sustainable Infrastructure Capital	n/m
CNSCohen & Steers	53.4×
AAMIAcadian Asset Management	n/m
ABAlliancebernstein	n/m
DLBDolby Laboratories	15.0×
VCTRVictory Capital	11.7×
APAMArtisan Partners Asset Management	10.5×
Peer median	11.7×

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 Moelis

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