PubMatic (PUBM) EV to FCF (2020 - 2026)
PubMatic's (PUBM) EV to FCF was 6.23 for Q2 2026, down 32.4% from 9.22 a year earlier but up 84.4% from the prior quarter.
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Analysis
PubMatic (PUBM) EV to FCF (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, PubMatic's EV to FCF came in at 0.43, down 17.9% year-over-year; for FY2025, it was 4.05, down 60.0% from FY2024.
- By year, EV to FCF came in at 10.14 in FY2024 (+11.0%), 9.13 in FY2023 (-6.3%), 9.75 in FY2022 (-64.6%) and 27.57 in FY2021 (-99.7%).
- Five-year quarterly EV to FCF spans a low of 3.38 in Q1 2026 and a high of 34.71 in Q3 2021.
- Year over year, EV to FCF has now declined in each of the last six quarters, with an average decline of 29.5% over the last eight quarters.
- The high point for year-over-year EV to FCF in five years was Q2 2023 (growth of 52.9%); the low point was Q4 2021 (a decline of 99.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 3.38 (Q1 2026), 4.05 (Q4 2025) and 3.55 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,180.92 Bn | 3,938.44 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,847.76 Bn | 1,550.28 Bn | 49.47 Bn |
| 3 | Netflix | 289.73 Bn | 249.92 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 249.81 Bn | 67.68 Bn | 15.11 Bn |
| 5 | Shopify | 192.08 Bn | 169.26 Bn | 1.71 Bn |
| 6 | Uber Technologies | 139.76 Bn | 111.74 Bn | 6.38 Bn |
| 7 | Booking Holdings | 122.41 Bn | 55.46 Bn | - |
| 8 | PDD Holdings | 110.94 Bn | -140.99 Bn | 9.45 Bn |
| 9 | Spotify Technology | 100.32 Bn | 57.56 Bn | 1.86 Bn |
| 10 | PubMatic | 850.47 Mn | 286.02 Mn | 52.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.23 |
| Mar 31, 2026 | 3.38 |
| Dec 31, 2025 | 4.05 |
| Sep 30, 2025 | 3.55 |
| Jun 30, 2025 | 9.22 |
| Mar 31, 2025 | 6.39 |
| Dec 31, 2024 | 10.14 |
| Sep 30, 2024 | 8.81 |
| Jun 30, 2024 | 10.63 |
| Mar 31, 2024 | 12.20 |
| Dec 31, 2023 | 9.13 |
| Sep 30, 2023 | 7.80 |
| Jun 30, 2023 | 15.57 |
| Mar 31, 2023 | 12.64 |
| Dec 31, 2022 | 9.75 |
| Sep 30, 2022 | 11.44 |
| Jun 30, 2022 | 10.18 |
| Mar 31, 2022 | 18.22 |
| Dec 31, 2021 | 27.57 |
| Sep 30, 2021 | 34.71 |
API Access
PubMatic 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=PUBM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "PUBM", "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=PUBM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();