PagerDuty price to free cash flow PD
Market value divided by free cash flow over the last twelve months, since 2021.
- Today, Oct 23, 2026
- 10.9×
- 5-year median
- 16.8×
- Against its 5-year history
- 23rd
- percentile: 0 is its lowest day, 100 its highest
- 5-year range
- 4.4× to 498×
- Peer median
- 12.2×
PagerDuty's price to free cash flow is 10.9× as of Oct 23, 2026.
That is below its 5-year median of 16.8×, lower than on 77% of days in the last 5 years.
Over that time it ranged from 4.4× in Apr 2026 to 498× in May 2021.
The median for 10 infrastructure software stocks of a similar size is 12.2×.
Price to free cash flow over time
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 10.9× | 4.4× | 10.9× |
| 2025 | 10.3× | 9.4× | 16.4× |
| 2024 | 15.2× | 15.2× | 36.9× |
| 2023 | 32.6× | 31.1× | 259× |
| 2022 | n/m a value too high to mean anything | ||
| 2021 | 413× | 335× | 498× |
Against its peers
Companies in Software - Infrastructure nearest PagerDuty's size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| PDPagerDuty | 10.9× |
| RDVTRed Violet | 38.6× |
| XZOExzeo | 18.7× |
| CXMSprinklr | 12.2× |
| EVCMEverCommerce | 15.6× |
| PDFSPDF Solutions | n/m |
| RPDRapid7 | 6.9× |
| MQMarqeta | 9.9× |
| BLBlackline | 11.5× |
| NCNOnCino | 18.5× |
| BLKBBlackbaud | 7.7× |
| 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 PagerDuty
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.