Question 1

What is Akamai Technologies's P/FCF ratio?

Accepted Answer

Akamai Technologies (AKAM) P/FCF ratio is 24.4× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Akamai Technologies?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Akamai Technologies specifically, the relevant sector benchmark is the current sector median of 21.8×.

Question 5

Is Akamai Technologies's P/FCF ratio high or low?

Accepted Answer

Akamai Technologies's P/FCF ratio of 24.4× is above its own 5-year average of 20.0× and above the sector median of 21.8×. That places the current reading at the 75th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Akamai Technologies's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Akamai Technologies (AKAM) P/FCF ratio has ranged from a low of 11.3× in 2008 to a high of 512.9× in 2004. The 5-year average is 20.0× and the 5-year median is 17.6×.

Question 7

What was Akamai Technologies's P/FCF ratio in 2025?

Accepted Answer

Akamai Technologies (AKAM) P/FCF ratio at the end of 2025 was 18.0×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Akamai Technologies's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$12.6B	$699M	18.0×	+0.8×	Dec 31, 2025
2024	$14.4B	$834M	17.2×	-11.7×	Dec 31, 2024
2023	$17.9B	$618M	28.9×	+12.6×	Dec 31, 2023
2022	$13.3B	$816M	16.3×	-5.8×	Dec 31, 2022
2021	$18.9B	$859M	22.0×	-13.3×	Dec 31, 2021
2020	$17.1B	$483M	35.4×	+7.2×	Dec 31, 2020
2019	$14B	$496M	28.2×	+11.6×	Dec 31, 2019
2018	$9.95B	$603M	16.5×	-12.0×	Dec 31, 2018
2017	$11B	$386M	28.5×	+7.6×	Dec 31, 2017
2016	$11.6B	$553M	20.9×	-8.4×	Dec 31, 2016
2015	$9.36B	$319M	29.3×	-3.7×	Dec 31, 2015
2014	$11.2B	$339M	33.0×	+5.3×	Dec 31, 2014
2013	$8.43B	$304M	27.8×	+3.9×	Dec 31, 2013
2012	$7.26B	$304M	23.8×	+2.4×	Dec 31, 2012
2011	$5.78B	$270M	21.4×	-20.4×	Dec 31, 2011
2010	$8.79B	$210M	41.8×	+28.1×	Dec 31, 2010
2009	$4.34B	$316M	13.7×	+2.4×	Dec 31, 2009
2008	$2.57B	$228M	11.3×	-33.1×	Dec 31, 2008
2007	$5.74B	$129M	44.4×	-92.6×	Dec 31, 2007
2006	$8.58B	$62.6M	137.0×	+82.1×	Dec 31, 2006
2005	$3.07B	$55.9M	54.9×	+12.3×	Dec 31, 2005
2004	$1.66B	$38.9M	42.6×	—	Dec 31, 2004
2003	$1.31B	-$19.4M	—	—	Dec 31, 2003
2002	$199M	-$73M	—	—	Dec 31, 2002


Zebra Technologies (ZBRA)	12.2×
Skyworks Solutions (SWKS)	11.9×
Cognizant (CTSH)	11.8×
NetApp (NTAP)	11.5×
Duolingo (DUOL)	11.1×
Block (XYZ)	11.0×
QUALCOMM (QCOM)	10.8×
Leidos Holdings (LDOS)	10.8×
Workday (WDAY)	10.5×
Salesforce (CRM)	10.5×
Qorvo (QRVO)	10.4×
Adobe (ADBE)	9.8×
Accenture (ACN)	9.6×
Strategy (MSTR)	9.2×
Gartner (IT)	8.8×
Fidelity National Information Services (FIS)	8.7×
DocuSign (DOCU)	8.0×
Gen Digital (GEN)	7.5×
Fiserv (FISV)	7.2×
Science Applications International (SAIC)	7.0×
Hewlett Packard Enterprise (HPE)	6.8×
GoDaddy (GDDY)	6.7×
HP (HPQ)	5.1×
Lyft (LYFT)	4.5×
IBM (IBM)	0.0×

P/FCF Ratio for Akamai Technologies (AKAM) 2004-2026

P/FCF Ratio daily chart for Akamai Technologies (AKAM)

Historical P/FCF Ratio for Akamai Technologies (AKAM) from 2002 to 2025

About P/FCF Ratio at Akamai Technologies (AKAM)

Akamai Technologies P/FCF Ratio by Year

Akamai Technologies P/FCF Ratio 2025: 18.0×

Akamai Technologies P/FCF Ratio 2024: 17.2×

Akamai Technologies P/FCF Ratio 2023: 28.9×

Akamai Technologies P/FCF Ratio 2022: 16.3×

Akamai Technologies P/FCF Ratio 2021: 22.0×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Akamai Technologies (AKAM) Key Financials