Nerdwallet (NRDS) EV to FCF (2021 - 2026)
Nerdwallet's EV to FCF came in at 3.24 for Q2 2026, down 63.2% from 8.79 a year earlier and down 28.1% from the prior quarter.
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Analysis
Nerdwallet (NRDS) EV to FCF (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Nerdwallet reported EV to FCF of 1.55, down 74.0% year-over-year; for FY2025, it was 6.66, down 48.4% from FY2024.
- EV to FCF has declined in each of the last four years.
- Going back by year, EV to FCF was 12.91 in FY2024 (-10.7%), 14.46 in FY2023 (-53.7%), 31.24 in FY2022 (-82.4%) and 177.38 in FY2021.
- The Q2 2026 figure represents the lowest quarterly EV to FCF in data going back to Q4 2021.
- Year-over-year, EV to FCF has declined for 15 consecutive quarters, with an average decline of 31.6% over the last eight quarters.
- Across the past five years, year-over-year decline in EV to FCF ran from 1.2% in Q3 2024 to 85.7% in Q3 2023.
- Business Quant data shows NRDS's EV to FCF at 4.50 (Q1 2026), 6.66 (Q4 2025) and 6.74 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,126.42 Bn | 3,883.94 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,763.57 Bn | 1,466.09 Bn | 49.47 Bn |
| 3 | Netflix | 287.17 Bn | 247.37 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 252.08 Bn | 65.86 Bn | 15.11 Bn |
| 5 | Shopify | 224.54 Bn | 201.72 Bn | 1.71 Bn |
| 6 | Uber Technologies | 140.28 Bn | 112.08 Bn | 6.38 Bn |
| 7 | Booking Holdings | 125.81 Bn | 58.86 Bn | - |
| 8 | PDD Holdings | 114.10 Bn | -129.68 Bn | 9.45 Bn |
| 9 | Spotify Technology | 108.24 Bn | 65.74 Bn | 1.86 Bn |
| 10 | Nerdwallet | 683.88 Mn | 346.68 Mn | 183.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.24 |
| Mar 31, 2026 | 4.50 |
| Dec 31, 2025 | 6.66 |
| Sep 30, 2025 | 6.74 |
| Jun 30, 2025 | 8.79 |
| Mar 31, 2025 | 7.76 |
| Dec 31, 2024 | 12.91 |
| Sep 30, 2024 | 9.56 |
| Jun 30, 2024 | 10.52 |
| Mar 31, 2024 | 13.23 |
| Dec 31, 2023 | 14.46 |
| Sep 30, 2023 | 9.67 |
| Jun 30, 2023 | 15.16 |
| Mar 31, 2023 | 30.99 |
| Dec 31, 2022 | 31.24 |
| Sep 30, 2022 | 67.64 |
| Jun 30, 2022 | 68.61 |
| Mar 31, 2022 | 76.59 |
| Dec 31, 2021 | 177.38 |
API Access
Nerdwallet EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=NRDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "NRDS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=NRDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();