NLI price to free cash flow NL

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

Today, Oct 23, 2026: 40.5×
10-year median: 14.3×
Against its 10-year history: 96th; percentile: 0 is its lowest day, 100 its highest
10-year range: 4.7× to 88.5×
Peer median: 7.5×

NLI's price to free cash flow is 40.5× as of Oct 23, 2026.

That is above its ten-year median of 14.3×, higher than on 96% of days in the last ten years.

Over that time it ranged from 4.7× in Mar 2020 to 88.5× in May 2026.

The median for 6 specialty chemicals stocks of a similar size is 7.5×.

Price to free cash flow over time

median 14.3×

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	40.5×	38.9×	88.5×
2025	18.0×	9.2×	18.0×
2024	10.7×	7.7×	11.2×
2023	9.6×	7.0×	24.1×
2022	21.8×	17.1×	37.6×
2021	20.7×	12.8×	24.1×
2020	13.6×	4.7×	21.4×
2019	21.9×	7.8×	24.6×
2018	7.0×	6.6×	32.0×
2017	31.5×	11.5×	32.5×
2016	16.8×	4.5×	16.9×
2015	9.4×	6.1×	18.7×
2014	15.6×	13.6×	47.5×
2013	41.1×	20.6×	47.6×
2012	19.5×	16.9×	23.7×

Against its peers

Companies in Chemicals - Specialty nearest NLI's size, closest first, today.

Company	Price to free cash flow
NLNLI	40.5×
ALTOAlto Ingredients	5.6×
LXFRLuxfer	27.9×
LXULSB Industries	7.3×
WLKPWestlake Chemical Partners	1.8×
GPREGreen Plains	7.7×
REXREX AMERICAN RESOURCES	19.3×
Peer median	7.5×

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 NLI

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