Mesa Laboratories price to free cash flow MLAB

Market value divided by free cash flow over the last twelve months, since 2012.

Today, Oct 23, 2026: 13.6×
10-year median: 32.3×
Against its 10-year history: 14th; percentile: 0 is its lowest day, 100 its highest
10-year range: 9.0× to 209×
Peer median: 29.9×

Mesa Laboratories' price to free cash flow is 13.6× as of Oct 23, 2026.

That is below its ten-year median of 32.3×, lower than on 86% of days in the last ten years.

Over that time it ranged from 9.0× in Jul 2025 to 209× in Jun 2017.

The median for 10 electronic components stocks of a similar size is 29.9×.

Price to free cash flow over time

median 32.3×

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	13.6×	11.2×	15.8×
2025	11.8×	9.0×	21.3×
2024	20.2×	11.5×	20.2×
2023	15.5×	12.6×	47.3×
2022	31.4×	27.6×	47.2×
2021	48.1×	33.1×	49.8×
2020	48.3×	31.4×	54.7×
2019	40.7×	26.8×	42.1×
2018	30.7×	24.5×	84.5×
2017	68.7×	68.7×	209×
2016	54.5×	33.0×	57.4×
2015	39.5×	28.1×	47.3×
2014	30.7×	22.6×	31.3×
2013	25.0×	14.3×	26.4×
2012	13.4×	12.6×	13.5×

Against its peers

Companies in Hardware, Equipment & Parts nearest Mesa Laboratories' size, closest first, today.

Company	Price to free cash flow
MLABMesa Laboratories	13.6×
FEIMFrequency Electronics	n/m
VPGVishay Precision	n/m
TRNSTranscat	30.2×
VREXVarex Imaging	n/m
KEKimball Electronics	28.4×
ALNTAllient	54.2×
CTSCTS	16.6×
MPTIM-tron Industries	29.9×
BHEBenchmark Electronics	18.6×
INTTIntest	50.6×
Peer median	29.9×

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 Mesa Laboratories

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