Terawulf price to free cash flow WULF

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

Today, Oct 23, 2026: n/m; not a meaningful number
Last meaningful: 68.8×; Aug 2021
9-year median: 34.1×
9-year range: 21.1× to 210×
Peer median: 13.7×

Terawulf's price to free cash flow is not a meaningful number today: free cash flow over the last twelve months was zero, negative or not reported.

It was last meaningful in Aug 2021, at 68.8×.

On the days it had one over the last 9 years, its median was 34.1×, from 21.1× in May 2019 to 210× in Sep 2017.

Price to free cash flow over time

median 34.1×

The dashed line is the 9-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
2021	68.8×	27.2×	71.4×
2020	n/m a value too high to mean anything
2019	21.1×	21.1×	31.1×
2018	28.2×	28.2×	62.8×
2017	180×	180×	210×
2016	n/m a value too high to mean anything
2015	51.1×	31.7×	84.6×
2014	32.5×	28.5×	82.0×
2013	29.6×	29.6×	156×
2012	43.4×	22.7×	49.2×

Against its peers

Companies in Financial - Credit Services nearest Terawulf's size, closest first, today.

Company	Price to free cash flow
WULFTerawulf	n/m
CACCCredit Acceptance	4.6×
AMTMAmentum	11.2×
RELYRemitly Global	14.7×
FIGRFigure Technology Solutions	n/m
OMFOneMain	n/m
EXLSExlService	23.3×
WEXWEX	62.0×
DAVEDave	13.9×
SEZLSezzle	13.6×
NNINelnet	12.0×
Peer median	13.7×

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 Terawulf

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