Basis: Current FMP quote-based enterprise value / four-quarter operating cash flow less absolute capital expenditures. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/FCF ratio high or low?
The EV/FCF ratio of 25.68x is 27% below its estimated 5-year average of 35.21x, near the low end of its estimated 5-year range (22.02x–52.90x).
As of 2026-10-02T21:45:08.530Z. 29.27% below its estimated 12-month average of 36.31x.
Calculation as of: 2026-10-02T21:45:08.530Z.
Quote observation: 2026-10-02T20:00:53.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 294c030e5338d8a48a96d08eb1bb64b93707aabaaf6dd7b42f26dfea563b5bee
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-10-02.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
EV/FCF RATIO
25.68x
EV/FCF RATIO AVG TTM
36.31x
EV/FCF RATIO AVG 3Y
34.81x
EV/FCF RATIO AVG 5Y
35.21x
EV/FCF RATIO AVG 10Y
29.27x
EV/FCF RATIO AVG 15Y
26.69x
EV/FCF RATIO AVG 20Y
24.76x
CURRENT VS TTM AVG
-29.27%
CURRENT VS 3Y AVG
-26.23%
CURRENT VS 5Y AVG
-27.07%
CURRENT VS 10Y AVG
-12.26%
CURRENT VS 15Y AVG
-3.77%
CURRENT VS 20Y AVG
+3.73%
SECTOR MEDIAN · FINANCIAL SERVICES
18.07x
median of 71 covered companies
CURRENT VS SECTOR MEDIAN
+42.11%
vs the sector median at left
Arthur J. Gallagher & Co.
Market Cap
$58.09B
EV/FCF Ratio
25.68x
TTM Avg
36.31x
3Y Avg
34.81x
5Y Avg
35.21x
Market Cap
$57.87B
EV/FCF Ratio
21.22x
TTM Avg
20.45x
3Y Avg
17.56x
5Y Avg
15.13x
Market Cap
$57.60B
EV/FCF Ratio
5.25x
TTM Avg
6.45x
3Y Avg
8.21x
5Y Avg
8.57x
Market Cap
$65.67B
EV/FCF Ratio
6.58x
TTM Avg
16.94x
3Y Avg
18.14x
5Y Avg
18.68x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Arthur J. Gallagher & Co. (AJG) | $58.09B | 25.68x | 36.31x | 34.81x | 35.21x |
| Truist Financial Corporation (TFC)vs › | $57.87B | 21.22x | 20.45x | 17.56x | 15.13x |
| The Allstate Corporation (ALL)vs › | $57.60B | 5.25x | 6.45x | 8.21x | 8.57x |
| Aon plc (AON)vs › | $57.16B | 22.16x | 27.49x | 29.31x | 30.47x |
| Aflac Incorporated (AFL)vs › | $56.77B | 22.43x | 23.20x | 20.18x | 16.25x |
| MetLife, Inc. (MET)vs › | $60.76B | 3.52x | 3.25x | 3.66x | 3.75x |
| Nu Holdings Ltd. (NU)vs › | $65.04B | N/A | 31.61x | 30.60x | 30.71x |
| Apollo Global Management, Inc. (APO)vs › | $65.67B | 6.58x | 16.94x | 18.14x | 18.68x |
| Nasdaq, Inc. (NDAQ)vs › | $50.49B | 30.35x | 29.99x | 29.83x | 29.59x |
| State Street Corporation (STT)vs › | $48.70B | N/A | 27.95x | 27.95x | 27.95x |
EV/FCF
25.7x
P/FCF
25.4x
FCF Yield
3.94%
Formula: EV/FCF = Enterprise Value / Free Cash Flow
EV/FCF vs P/FCF:
EV/FCF = Enterprise Value / Free Cash Flow (TTM)
Enterprise value to free cash flow compares total company value to the cash the business generates after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/FCF RATIO |
|---|---|
| 2026-10-02 | 25.85x |
| 2026-10-01 | 26.50x |
| 2026-09-30 | 26.08x |
| 2026-09-29 | 26.04x |
| 2026-09-28 | 26.23x |
| 2026-09-25 | 26.42x |
| 2026-09-24 | 25.97x |
| 2026-09-23 | 26.25x |
| 2026-09-22 | 26.34x |
| 2026-09-21 | 27.04x |
| 2026-09-18 | 27.36x |
| 2026-09-17 | 27.58x |
| 2026-09-16 | 27.85x |
| 2026-09-15 | 28.33x |
| 2026-09-14 | 28.93x |
| 2026-09-11 | 27.46x |
| 2026-09-10 | 27.80x |
| 2026-09-09 | 27.91x |
| 2026-09-08 | 28.72x |
| 2026-09-04 | 29.99x |
| 2026-09-03 | 30.44x |
| 2026-09-02 | 30.19x |
| 2026-09-01 | 29.91x |
| 2026-08-31 | 29.93x |
| 2026-08-28 | 30.54x |
| 2026-08-27 | 29.70x |
| 2026-08-26 | 30.26x |
| 2026-08-25 | 30.65x |
| 2026-08-24 | 31.04x |
| 2026-08-21 | 30.12x |
| 2026-08-20 | 29.64x |
| 2026-08-19 | 29.40x |
| 2026-08-18 | 28.37x |
| 2026-08-17 | 28.33x |
| 2026-08-14 | 28.69x |
| 2026-08-13 | 28.95x |
| 2026-08-12 | 29.17x |
| 2026-08-11 | 28.95x |
| 2026-08-10 | 28.83x |
| 2026-08-07 | 28.34x |
| 2026-08-06 | 28.75x |
| 2026-08-05 | 34.87x |
| 2026-08-04 | 34.46x |
| 2026-08-03 | 34.42x |
| 2026-07-31 | 34.65x |
| 2026-07-30 | 35.63x |
| 2026-07-29 | 37.37x |
| 2026-07-28 | 36.87x |
| 2026-07-27 | 35.20x |
| 2026-07-24 | 34.42x |
| 2026-07-23 | 33.64x |
| 2026-07-22 | 33.68x |
| 2026-07-21 | 34.48x |
| 2026-07-20 | 35.24x |
| 2026-07-17 | 35.27x |
| 2026-07-16 | 35.56x |
| 2026-07-15 | 34.42x |
| 2026-07-14 | 35.26x |
| 2026-07-13 | 36.30x |
| 2026-07-10 | 35.16x |
| 2026-07-09 | 35.25x |
| 2026-07-08 | 35.65x |
| 2026-07-07 | 35.38x |
| 2026-07-06 | 34.70x |
| 2026-07-02 | 35.07x |
| 2026-07-01 | 33.29x |
| 2026-06-30 | 31.88x |
| 2026-06-29 | 31.54x |
| 2026-06-26 | 31.38x |
| 2026-06-25 | 30.25x |
| 2026-06-24 | 30.65x |
| 2026-06-23 | 29.96x |
| 2026-06-22 | 29.02x |
| 2026-06-18 | 29.72x |
| 2026-06-17 | 30.00x |
| 2026-06-16 | 29.97x |
| 2026-06-15 | 29.95x |
| 2026-06-12 | 30.36x |
| 2026-06-11 | 30.67x |
| 2026-06-10 | 30.56x |
| 2026-06-09 | 30.13x |
| 2026-06-08 | 29.50x |
| 2026-06-05 | 30.01x |
| 2026-06-04 | 29.29x |
| 2026-06-03 | 28.10x |
| 2026-06-02 | 28.56x |
| 2026-06-01 | 28.61x |
| 2026-05-29 | 27.91x |
| 2026-05-28 | 28.12x |
| 2026-05-27 | 28.15x |
| 2026-05-26 | 28.31x |
| 2026-05-22 | 28.42x |
| 2026-05-21 | 28.79x |
| 2026-05-20 | 28.26x |
| 2026-05-19 | 28.24x |
| 2026-05-18 | 28.75x |
| 2026-05-15 | 27.75x |
| 2026-05-14 | 27.43x |
| 2026-05-13 | 26.64x |
| 2026-05-12 | 27.39x |
| 2026-05-11 | 27.55x |
| 2026-05-08 | 27.60x |
| 2026-05-07 | 28.02x |
| 2026-05-06 | 35.78x |
| 2026-05-05 | 37.08x |
| 2026-05-04 | 37.26x |
| 2026-05-01 | 37.41x |
| 2026-04-30 | 37.16x |
| 2026-04-29 | 37.95x |
| 2026-04-28 | 38.19x |
| 2026-04-27 | 38.43x |
| 2026-04-24 | 38.47x |
| 2026-04-23 | 39.06x |
| 2026-04-22 | 39.31x |
| 2026-04-21 | 39.80x |
| 2026-04-20 | 39.60x |
| 2026-04-17 | 39.38x |
| 2026-04-16 | 39.74x |
| 2026-04-15 | 39.61x |
| 2026-04-14 | 39.14x |
| 2026-04-13 | 39.51x |
| 2026-04-10 | 38.21x |
| 2026-04-09 | 38.91x |
| 2026-04-08 | 39.27x |
| 2026-04-07 | 38.79x |
| 2026-04-06 | 39.04x |
| 2026-04-02 | 38.80x |
| 2026-04-01 | 38.61x |
| 2026-03-31 | 38.65x |
| 2026-03-30 | 38.56x |
| 2026-03-27 | 37.27x |
| 2026-03-26 | 37.73x |
| 2026-03-25 | 38.21x |
| 2026-03-24 | 38.61x |
| 2026-03-23 | 38.70x |
| 2026-03-20 | 38.39x |
| 2026-03-19 | 37.64x |
| 2026-03-18 | 37.61x |
| 2026-03-17 | 37.57x |
| 2026-03-16 | 37.96x |
| 2026-03-13 | 37.39x |
| 2026-03-12 | 36.85x |
| 2026-03-11 | 37.67x |
| 2026-03-10 | 37.94x |
| 2026-03-09 | 38.82x |
| 2026-03-06 | 40.33x |
| 2026-03-05 | 40.56x |
| 2026-03-04 | 39.96x |
| 2026-03-03 | 39.91x |
| 2026-03-02 | 40.50x |
| 2026-02-27 | 40.34x |
| 2026-02-26 | 39.91x |
| 2026-02-25 | 38.88x |
| 2026-02-24 | 38.56x |
| 2026-02-23 | 38.32x |
| 2026-02-20 | 38.64x |
| 2026-02-19 | 38.91x |
| 2026-02-18 | 38.34x |
| 2026-02-17 | 38.48x |
| 2026-02-13 | 37.67x |
| 2026-02-12 | 37.13x |
| 2026-02-11 | 37.20x |
| 2026-02-10 | 38.28x |
| 2026-02-09 | 39.04x |
| 2026-02-06 | 42.55x |
| 2026-02-05 | 42.72x |
| 2026-02-04 | 43.72x |
| 2026-02-03 | 43.45x |
| 2026-02-02 | 43.09x |
| 2026-01-30 | 43.70x |
| 2026-01-29 | 43.18x |
| 2026-01-28 | 42.66x |
| 2026-01-27 | 42.66x |
| 2026-01-26 | 44.59x |
| 2026-01-23 | 44.26x |
| 2026-01-22 | 43.84x |
| 2026-01-21 | 43.80x |
| 2026-01-20 | 44.51x |
| 2026-01-16 | 45.04x |
| 2026-01-15 | 44.70x |
| 2026-01-14 | 44.82x |
| 2026-01-13 | 44.82x |
| 2026-01-12 | 45.98x |
| 2026-01-09 | 45.94x |
| 2026-01-08 | 45.93x |
| 2026-01-07 | 45.12x |
| 2026-01-06 | 45.67x |
| 2026-01-05 | 45.74x |
| 2026-01-02 | 44.67x |
| 2025-12-31 | 45.08x |
| 2025-12-30 | 45.55x |
| 2025-12-29 | 45.73x |
| 2025-12-26 | 45.48x |
| 2025-12-24 | 45.38x |
| 2025-12-23 | 45.07x |
| 2025-12-22 | 45.00x |
| 2025-12-19 | 44.29x |
| 2025-12-18 | 44.18x |
| 2025-12-17 | 43.92x |
| 2025-12-16 | 44.08x |
| 2025-12-15 | 44.70x |
| 2025-12-12 | 44.58x |
| 2025-12-11 | 43.44x |
| 2025-12-10 | 42.38x |
| 2025-12-09 | 42.30x |
| 2025-12-08 | 42.00x |
| 2025-12-05 | 42.27x |
| 2025-12-04 | 43.11x |
| 2025-12-03 | 43.11x |
| 2025-12-02 | 42.94x |
| 2025-12-01 | 43.21x |
| 2025-11-28 | 43.44x |
| 2025-11-26 | 43.57x |
| 2025-11-25 | 43.82x |
| 2025-11-24 | 43.53x |
| 2025-11-21 | 44.00x |
| 2025-11-20 | 43.39x |
| 2025-11-19 | 43.60x |
| 2025-11-18 | 45.06x |
| 2025-11-17 | 45.16x |
| 2025-11-14 | 45.04x |
| 2025-11-13 | 44.78x |
| 2025-11-12 | 44.65x |
| 2025-11-11 | 44.53x |
| 2025-11-10 | 43.95x |
| 2025-11-07 | 32.51x |
| 2025-11-06 | 31.88x |
| 2025-11-05 | 32.25x |
| 2025-11-04 | 32.74x |
| 2025-11-03 | 31.58x |
| 2025-10-31 | 32.44x |
| 2025-10-30 | 34.10x |
| 2025-10-29 | 34.10x |
| 2025-10-28 | 34.82x |
| 2025-10-27 | 36.34x |
| 2025-10-24 | 36.57x |
| 2025-10-23 | 36.80x |
| 2025-10-22 | 36.88x |
| 2025-10-21 | 36.34x |
| 2025-10-20 | 36.38x |
| 2025-10-17 | 36.54x |
| 2025-10-16 | 36.50x |
| 2025-10-15 | 38.61x |
| 2025-10-14 | 39.61x |
| 2025-10-13 | 38.85x |
| 2025-10-10 | 39.35x |
| 2025-10-09 | 39.41x |
| 2025-10-08 | 40.03x |
| 2025-10-07 | 40.41x |
| 2025-10-06 | 40.32x |
| 2025-10-03 | 40.50x |
| 2025-10-02 | 40.26x |
| 2025-10-01 | 39.89x |
| 2025-09-30 | 40.40x |
| 2025-09-29 | 39.87x |
| 2025-09-26 | 39.66x |
| 2025-09-25 | 39.52x |
| 2025-09-24 | 39.72x |
| 2025-09-23 | 39.69x |
| 2025-09-22 | 39.12x |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
