MediaAlpha Inc. (MAX) — Free Cash Flow Generation Index

Latest as of September 2025: 1.00x

MediaAlpha Inc. (MAX) has a Free Cash Flow Generation Index of 1.00x as of September 2025. Free cash flow of $23.55 Million represents 1% of operating cash flow ($23.62 Million). Explore MAX capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

1.00x
Free Cash Flow / Operating CF

Free Cash Flow

$23.55 Million
USD

Operating Cash Flow

$23.62 Million
USD

Capital Expenditures

$68.00K
USD

MediaAlpha Inc. Free Cash Flow Generation Index (2018–2025)

Historical FCF Generation Index trend for MediaAlpha Inc. across 8 annual periods. For the full cash flow conversion analysis, see MediaAlpha Inc. (MAX) cash conversion ratio.

Annual Free Cash Flow Generation for MediaAlpha Inc. (2018–2025)

Year-by-year Free Cash Flow Generation Index for MediaAlpha Inc.. Check cash flow reinvestment rate of MediaAlpha Inc. to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.99x $65.26 Million $65.60 Million $340.00K ▲ +0.0%
2024 0.99x $45.62 Million $45.87 Million $254.00K ▼ -0.2%
2023 1.00x $20.16 Million $20.23 Million $73.00K ▼ 0.0%
2022 1.00x $28.18 Million $28.27 Million $98.00K ▲ +2.0%
2021 0.98x $27.97 Million $28.62 Million $650.00K ▼ -1.7%
2020 0.99x $51.11 Million $51.41 Million $296.00K ▲ +0.8%
2019 0.99x $21.85 Million $22.14 Million $294.00K ▲ +1.5%
2018 0.97x $22.01 Million $22.65 Million $640.00K
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).