Meridian price to free cash flow MRDN

Market value divided by free cash flow over the last twelve months, since 2024.

Today, Oct 23, 2026: 5.3×
3-year median: 7.8×
Against its 3-year history: 25th; percentile: 0 is its lowest day, 100 its highest
3-year range: 3.0× to 123×
Peer median: 8.5×

Meridian's price to free cash flow is 5.3× as of Oct 23, 2026.

That is below its 3-year median of 7.8×, lower than on 75% of days in the last 3 years.

Over that time it ranged from 3.0× in Feb 2026 to 123× in May 2024.

The median for 10 infrastructure software stocks of a similar size is 8.5×.

Price to free cash flow over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	5.3×	3.0×	10.2×
2025	4.4×	3.9×	13.4×
2024	44.3×	44.3×	123×

Against its peers

Companies in Software - Infrastructure nearest Meridian's size, closest first, today.

Company	Price to free cash flow
MRDNMeridian	5.3×
EGANEGAIN	7.2×
NTWKNetsol Technologies	7.9×
FATNFatpipe	n/m
CCLDCareCloud	3.3×
WFCFWhere Food Comes From	74.1×
MKLYMcKinley Acquisition	n/m
RBBNRibbon Communications	34.1×
MKTWMarketwise	6.5×
IDNIntellicheck	17.6×
IIIVi3 Verticals	9.2×
Peer median	8.5×

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 Meridian

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