Question 1

What is VeriSign's P/FCF ratio?

Accepted Answer

VeriSign (VRSN) P/FCF ratio is 23.0× 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 VeriSign?

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 VeriSign specifically, the relevant sector benchmark is the current sector median of 21.8×.

Question 5

Is VeriSign's P/FCF ratio high or low?

Accepted Answer

VeriSign's P/FCF ratio of 23.0× is below its own 5-year average of 26.6× and above the sector median of 21.8×. That places the current reading at the 21th 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 VeriSign's historical P/FCF ratio range?

Accepted Answer

In the available daily series, VeriSign (VRSN) P/FCF ratio has ranged from a low of 10.1× in 2008 to a high of 6324.6× in 2011. The 5-year average is 26.6× and the 5-year median is 25.9×.

Question 7

What was VeriSign's P/FCF ratio in 2025?

Accepted Answer

VeriSign (VRSN) P/FCF ratio at the end of 2025 was 21.0×. 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 VeriSign'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	$22.4B	$1.07B	21.0×	-1.6×	Dec 31, 2025
2024	$19.8B	$875M	22.6×	-3.3×	Dec 31, 2024
2023	$21B	$808M	25.9×	-1.1×	Dec 31, 2023
2022	$21.7B	$804M	27.0×	-10.3×	Dec 31, 2022
2021	$28.2B	$754M	37.3×	+1.4×	Dec 31, 2021
2020	$24.6B	$687M	35.9×	+4.2×	Dec 31, 2020
2019	$22.6B	$714M	31.6×	+4.6×	Dec 31, 2019
2018	$17.9B	$661M	27.1×	+9.9×	Dec 31, 2018
2017	$11.2B	$653M	17.2×	+1.3×	Dec 31, 2017
2016	$7.92B	$498M	15.9×	+0.0×	Dec 31, 2016
2015	$9.69B	$611M	15.9×	+3.7×	Dec 31, 2015
2014	$6.85B	$562M	12.2×	-3.6×	Dec 31, 2014
2013	$8.12B	$514M	15.8×	+3.4×	Dec 31, 2013
2012	$6B	$485M	12.4×	-27.3×	Dec 31, 2012
2011	$5.69B	$143M	39.7×	-1.5×	Dec 31, 2011
2010	$5.56B	$135M	41.3×	+25.3×	Dec 31, 2010
2009	$4.44B	$278M	16.0×	+5.8×	Dec 31, 2009
2008	$3.67B	$363M	10.1×	-14.3×	Dec 31, 2008
2007	$7.77B	$318M	24.4×	+4.4×	Dec 31, 2007
2006	$5.86B	$293M	20.0×	+5.4×	Dec 31, 2006
2005	$5.38B	$368M	14.6×	-16.7×	Dec 31, 2005
2004	$8.53B	$273M	31.3×	+15.4×	Dec 31, 2004
2003	$3.98B	$250M	15.9×	-13.9×	Dec 31, 2003
2002	$1.9B	$63.9M	29.8×	—	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 VeriSign (VRSN) 2002-2026

P/FCF Ratio daily chart for VeriSign (VRSN)

Historical P/FCF Ratio for VeriSign (VRSN) from 2002 to 2025

About P/FCF Ratio at VeriSign (VRSN)

VeriSign P/FCF Ratio by Year

VeriSign P/FCF Ratio 2025: 21.0×

VeriSign P/FCF Ratio 2024: 22.6×

VeriSign P/FCF Ratio 2023: 25.9×

VeriSign P/FCF Ratio 2022: 27.0×

VeriSign P/FCF Ratio 2021: 37.3×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

VeriSign (VRSN) Key Financials