OneSpan price to free cash flow OSPN

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

Today, Oct 23, 2026: 18.5×
10-year median: 21.6×
Against its 10-year history: 38th; percentile: 0 is its lowest day, 100 its highest
10-year range: 7.5× to 116×
Peer median: 12.2×

OneSpan's price to free cash flow is 18.5× as of Oct 23, 2026.

That is below its ten-year median of 21.6×, close to the middle of its last ten years.

Over that time it ranged from 7.5× in Mar 2026 to 116× in Jul 2020.

The median for 10 infrastructure software stocks of a similar size is 12.2×.

Price to free cash flow over time

median 21.6×

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	18.5×	7.5×	18.5×
2025	9.6×	8.4×	21.5×
2024	20.0×	17.3×	45.2×
2023	n/m a value too high to mean anything
2022	n/m a value too high to mean anything
2021	85.7×	27.9×	96.3×
2020	25.2×	20.8×	116×
2019	n/m a value too high to mean anything
2018	34.0×	28.8×	44.2×
2017	32.4×	11.9×	33.4×
2016	12.6×	8.7×	14.2×
2015	12.0×	12.0×	35.2×
2014	36.0×	16.5×	48.9×
2013	20.3×	13.7×	24.9×
2012	14.4×	12.8×	47.2×

Against its peers

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

Company	Price to free cash flow
OSPNOneSpan	18.5×
GDYNGrid Dynamics	43.9×
CCSIConsensus Cloud Solutions	5.9×
RPDRapid7	6.9×
IIIVi3 Verticals	9.2×
RDVTRed Violet	38.6×
XZOExzeo	18.7×
CXMSprinklr	12.2×
EVCMEverCommerce	15.6×
PDFSPDF Solutions	n/m
MKTWMarketwise	6.5×
Peer median	12.2×

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 OneSpan

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