Application software stocks with the highest free cash flow yield

Ranked

71

of 132 application software stocks we cover

Median

6.8%

Highest

27.4%

CLVT

Range

0.5% to 27.4%

#	Company	FCF yield	PE	Revenue growth (TTM)	Market cap
1	CLVTClarivate	27.4%	n/m	−3.5%	$1.2B
2	CARSCars.com	25.6%	19.2×	+1.1%	$585.6M
3	NRDSNerdwallet	23.4%	12.3×	+11.5%	$698.7M
4	TBLATaboola.com	21.8%	n/m	+8.0%	$921.2M
5	HCATHealth Catalyst	21.2%	n/m	−7.5%	$127.2M
6	EGHT8X8	18.5%	53.3×	+3.7%	$307.6M
7	UPWKUpwork	17.3%	12.5×	+1.9%	$1.2B
8	GDRXGoodRx	16.3%	88.5×	−1.8%	$1.2B
9	TASKTaskUs	15.4%	7.4×	+11.4%	$784.8M
10	TTDTrade Desk	14.1%	15.5×	+11.6%	$6.1B
11	TRIPTripAdvisor	12.9%	n/m	−1.6%	$1.1B
12	LZLegalzoom.Com	12.5%	77.7×	+12.3%	$1.2B
13	EVEREverQuote	11.9%	7.4×	+22.7%	$801.4M
14	CARGCarGurus	11.2%	17.1×	+13.9%	$2.8B
15	NCMINational CineMedia	11.1%	n/m	+5.8%	$177.8M
16	MTCHMatch	10.9%	16.2×	+1.7%	$10.5B
17	EVTCEVERTEC	10.8%	21.1×	+12.4%	$1.9B
18	ADBEAdobe	10.3%	14.7×	+12.0%	$102.7B
19	PINSPinterest	10.1%	65.6×	+16.6%	$12.6B
20	INTUIntuit	9.4%	20.8×	+13.9%	$91.8B
21	PUBMPubMatic	9.4%	n/m	−1.0%	$785.3M
22	RNGRingCentral	9.2%	66.7×	+5.2%	$7B
23	INODInnodata	9.0%	45.0×	+39.0%	$2B
24	SSNCSS&C Technologies	9.0%	23.9×	+8.6%	$19.5B
25	FLUTFlutter Entertainment	8.9%	n/m	+15.2%	$13.9B
26	NIQNIQ Global Intelligence	8.6%	n/m	+8.9%	$5.9B
27	RAMPLiveRamp	8.6%	15.7×	+8.9%	$2.3B
28	PEGAPegasystems	8.2%	20.6×	+3.6%	$6B
29	DVDoubleVerify	7.6%	37.6×	+7.6%	$2.1B
30	FIVNFive9	7.4%	54.5×	+8.9%	$2.8B
31	UBERUber Technologies	7.4%	14.7×	+16.7%	$136.2B
32	CRMSalesforce	7.4%	22.7×	+11.2%	$204.6B
33	YEXTYext	7.3%	38.7×	−1.5%	$727.5M
34	DSPViant Technology	7.2%	n/m	+22.0%	$918M
35	ZMZoom Communications	6.9%	n/m	+5.0%	$27.9B
36	FAFirst Advantage	6.8%	152×	+32.9%	$3.6B
37	HSTMHealthstream	6.8%	48.8×	+8.8%	$1B
38	IBTAIbotta	6.6%	n/m	−6.6%	$1.1B
39	SNAPSnap	6.6%	n/m	+12.6%	$10.7B
40	MGNIMagnite	6.6%	22.0×	+8.3%	$3.3B
41	GRNDGrindr	6.5%	26.8×	+32.4%	$2.4B
42	TZOOTravelzoo	6.2%	169×	+4.9%	$51.7M
43	TRAKReposiTrak	6.2%	18.8×	+3.0%	$133.2M
44	ROPRoper Technologies	6.1%	18.1×	+10.9%	$43.3B
45	FDSFactset Research Systems	6.0%	21.8×	+6.6%	$11.8B
46	HUBSHubSpot	5.9%	96.4×	+21.1%	$13.5B
47	RXTRackspace Technology	5.7%	n/m	+0.3%	$721.3M
48	FICOFair Isaac	5.7%	23.6×	+24.1%	$17.6B
49	WDAYWorkday	5.6%	42.6×	+13.3%	$50.6B
50	ZIPZiprecruiter	5.6%	13.3×	+0.4%	$382.4M
51	OOMAOoma	5.6%	52.0×	+17.2%	$545.7M
52	ADSKAutodesk	5.4%	32.7×	+17.9%	$52.7B
53	IBEXIBEX	5.0%	15.1×	+15.4%	$627.1M
54	CDLXCardlytics	4.4%	n/m	−29.8%	$10.6M
55	ADPAutomatic Data Processing	4.3%	27.8×	+6.7%	$120.8B
56	PPLIPeople	3.2%	n/m	−8.4%	$2.9B
57	ESTCElastic	3.2%	28.9×	+16.2%	$10.8B
58	HNGEHinge Health	3.2%	85.1×	+49.8%	$9B
59	UUnity Software	3.0%	n/m	+14.0%	$18B
60	LIFLife360	2.8%	26.6×	+34.0%	$3.7B
61	NOWServiceNow	2.8%	99.3×	+22.2%	$164.4B
62	BLNDBlend Labs	2.7%	n/m	+6.1%	$276.7M
63	TEAMAtlassian	2.3%	n/m	+26.0%	$57.6B
64	PODCPodcastOne	2.2%	n/m	+16.4%	$53.5M
65	CDNSCadence Design Systems	1.9%	62.9×	+14.7%	$87.2B
66	DOCNDigitalOcean	1.8%	42.8×	+21.4%	$11B
67	NXDRNextdoor	1.3%	n/m	+9.8%	$940M
68	DDOGDatadog	1.2%	n/m	+31.5%	$96.8B
69	SHOPShopify	1.1%	113×	+32.5%	$217B
70	SNOWSnowflake	1.0%	n/m	+32.0%	$114.8B
71	DJTTrump Media & Technology	0.5%	n/m	+21.6%	$1.8B

Not ranked: 22 with no positive free cash flow, 19 with not a meaningful number, 4 with a yield above 40% (usually a one-off). 16 companies whose data behind this number has a caveat are left out until it is checked.

A ranking of numbers, not a recommendation. A low multiple can be a bargain or a business in trouble: open the company to see which.