Meta Platforms price to free cash flow META

Market value divided by free cash flow over the last twelve months, since 2013.

Today, Oct 23, 2026: 57.1×
10-year median: 30.1×
Against its 10-year history: 100th; percentile: 0 is its lowest day, 100 its highest
10-year range: 9.1× to 57.1×
Peer median: 23.4×

Meta Platforms' price to free cash flow is 57.1× as of Oct 23, 2026.

That is above its ten-year median of 30.1×, higher than on 100% of days in the last ten years.

Over that time it ranged from 9.1× in Nov 2022 to 57.1× in Oct 2026.

The median for 4 communication services stocks of a similar size is 23.4×.

Price to free cash flow over time

median 30.1×

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	57.1×	28.8×	57.1×
2025	37.3×	23.5×	39.3×
2024	29.0×	22.7×	30.7×
2023	24.2×	13.1×	45.1×
2022	12.1×	9.1×	25.8×
2021	26.1×	23.8×	43.4×
2020	40.5×	20.1×	44.4×
2019	30.4×	22.7×	37.1×
2018	21.9×	20.6×	35.1×
2017	32.6×	32.3×	50.1×
2016	38.2×	38.2×	55.3×
2015	59.1×	55.6×	69.8×
2014	68.1×	43.3×	68.1×
2013	52.4×	41.3×	87.6×

Against its peers

Companies in Communication Services nearest Meta Platforms' size, closest first, today.

Company	Price to free cash flow
METAMeta Platforms	57.1×
GOOGAlphabet	72.8×
NFLXNetflix	n/m
DISWalt Disney	23.4×
VZVerizon Communications	8.6×
Peer median	23.4×

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 Meta Platforms

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