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 24.75x is 42% below its estimated 5-year average of 42.90x, near the low end of its estimated 5-year range (13.80x–144.57x).
As of 2026-09-22T00:15:31.003Z. 49.12% below its estimated 12-month average of 48.64x.
Calculation as of: 2026-09-22T00:15:31.003Z.
Quote observation: 2026-09-21T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 33bfee72cb840137ce958392a72e529e8c263bd6d87e7112051edada42d2ba57
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 2026-09-11.
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
24.75x
EV/FCF RATIO AVG TTM
48.64x
EV/FCF RATIO AVG 3Y
42.06x
EV/FCF RATIO AVG 5Y
42.90x
EV/FCF RATIO AVG 10Y
N/A
EV/FCF RATIO AVG 15Y
N/A
EV/FCF RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-49.12%
CURRENT VS 3Y AVG
-41.16%
CURRENT VS 5Y AVG
-42.30%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
31.95x
median of 158 covered companies
CURRENT VS SECTOR MEDIAN
-22.55%
vs the sector median at left
AppLovin Corporation
Market Cap
$110.92B
EV/FCF Ratio
24.75x
TTM Avg
48.64x
3Y Avg
42.06x
5Y Avg
42.90x
Market Cap
$107.90B
EV/FCF Ratio
21.88x
TTM Avg
21.43x
3Y Avg
26.90x
5Y Avg
30.47x
Market Cap
$124.85B
EV/FCF Ratio
334.67x
TTM Avg
299.22x
3Y Avg
278.14x
5Y Avg
302.91x
Market Cap
$96.15B
EV/FCF Ratio
N/A
TTM Avg
35.84x
3Y Avg
27.36x
5Y Avg
43.44x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AppLovin Corporation (APP) | $110.92B | 24.75x | 48.64x | 42.06x | 42.90x |
| Accenture plc (ACN)vs › | $113.89B | 8.91x | 11.20x | 18.81x | 20.85x |
| Automatic Data Processing, Inc. (ADP)vs › | $107.90B | 21.88x | 21.43x | 26.90x | 30.47x |
| Snowflake Inc. (SNOW)vs › | $117.63B | 99.30x | 84.10x | 76.13x | 425.19x |
| Adobe Inc. (ADBE)vs › | $99.18B | 8.71x | 12.00x | 24.09x | 26.39x |
| Cloudflare, Inc. (NET)vs › | $124.85B | 334.67x | 299.22x | 278.14x | 302.91x |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $96.15B | N/A | 35.84x | 27.36x | 43.44x |
| Fortinet, Inc. (FTNT)vs › | $128.57B | 40.47x | 33.59x | 32.99x | 34.90x |
| Datadog, Inc. (DDOG)vs › | $87.23B | 76.26x | 62.62x | 64.57x | 98.97x |
| Corning Inc (GLW)vs › | $136.98B | 60.06x | 84.96x | 67.61x | 56.10x |
EV/FCF
24.8x
P/FCF
24.6x
FCF Yield
4.06%
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 |
|---|---|
| 2026-09-11 | 24.43x |
| 2026-09-10 | 23.72x |
| 2026-09-09 | 23.01x |
| 2026-09-08 | 23.53x |
| 2026-09-04 | 24.18x |
| 2026-09-03 | 23.65x |
| 2026-09-02 | 24.06x |
| 2026-09-01 | 23.51x |
| 2026-08-31 | 23.54x |
| 2026-08-28 | 23.96x |
| 2026-08-27 | 23.58x |
| 2026-08-26 | 23.24x |
| 2026-08-25 | 23.42x |
| 2026-08-24 | 22.53x |
| 2026-08-21 | 23.06x |
| 2026-08-20 | 23.29x |
| 2026-08-19 | 23.44x |
| 2026-08-18 | 23.18x |
| 2026-08-17 | 23.53x |
| 2026-08-14 | 23.79x |
| 2026-08-13 | 23.58x |
| 2026-08-12 | 22.91x |
| 2026-08-11 | 24.03x |
| 2026-08-10 | 25.56x |
| 2026-08-07 | 26.15x |
| 2026-08-06 | 25.31x |
| 2026-08-05 | 32.32x |
| 2026-08-04 | 32.46x |
| 2026-08-03 | 31.42x |
| 2026-07-31 | 30.63x |
| 2026-07-30 | 31.25x |
| 2026-07-29 | 30.91x |
| 2026-07-28 | 32.35x |
| 2026-07-27 | 31.93x |
| 2026-07-24 | 30.33x |
| 2026-07-23 | 30.86x |
| 2026-07-22 | 31.91x |
| 2026-07-21 | 33.16x |
| 2026-07-20 | 32.84x |
| 2026-07-17 | 32.84x |
| 2026-07-16 | 33.60x |
| 2026-07-15 | 35.01x |
| 2026-07-14 | 34.72x |
| 2026-07-13 | 34.24x |
| 2026-07-10 | 39.18x |
| 2026-07-09 | 40.21x |
| 2026-07-08 | 40.35x |
| 2026-07-07 | 40.79x |
| 2026-07-06 | 42.01x |
| 2026-07-02 | 40.72x |
| 2026-07-01 | 43.61x |
| 2026-06-30 | 39.81x |
| 2026-06-29 | 38.55x |
| 2026-06-26 | 36.88x |
| 2026-06-25 | 34.48x |
| 2026-06-24 | 35.95x |
| 2026-06-23 | 36.10x |
| 2026-06-22 | 36.29x |
| 2026-06-18 | 36.31x |
| 2026-06-17 | 37.06x |
| 2026-06-16 | 39.81x |
| 2026-06-15 | 40.25x |
| 2026-06-12 | 38.39x |
| 2026-06-11 | 36.99x |
| 2026-06-10 | 38.10x |
| 2026-06-09 | 40.25x |
| 2026-06-08 | 43.54x |
| 2026-06-05 | 43.04x |
| 2026-06-04 | 43.17x |
| 2026-06-03 | 44.09x |
| 2026-06-02 | 46.77x |
| 2026-06-01 | 47.39x |
| 2026-05-29 | 47.34x |
| 2026-05-28 | 46.33x |
| 2026-05-27 | 43.86x |
| 2026-05-26 | 39.74x |
| 2026-05-22 | 37.23x |
| 2026-05-21 | 37.56x |
| 2026-05-20 | 37.28x |
| 2026-05-19 | 36.86x |
| 2026-05-18 | 38.06x |
| 2026-05-15 | 38.72x |
| 2026-05-14 | 37.50x |
| 2026-05-13 | 35.07x |
| 2026-05-12 | 37.93x |
| 2026-05-11 | 36.98x |
| 2026-05-08 | 36.22x |
| 2026-05-07 | 38.56x |
| 2026-05-06 | 40.69x |
| 2026-05-05 | 41.49x |
| 2026-05-04 | 41.22x |
| 2026-05-01 | 39.92x |
| 2026-04-30 | 38.75x |
| 2026-04-29 | 38.50x |
| 2026-04-28 | 38.98x |
| 2026-04-27 | 39.95x |
| 2026-04-24 | 38.91x |
| 2026-04-23 | 39.42x |
| 2026-04-22 | 41.97x |
| 2026-04-21 | 41.06x |
| 2026-04-20 | 42.59x |
| 2026-04-17 | 41.41x |
| 2026-04-16 | 40.45x |
| 2026-04-15 | 40.32x |
| 2026-04-14 | 37.64x |
| 2026-04-13 | 36.26x |
| 2026-04-10 | 34.01x |
| 2026-04-09 | 32.95x |
| 2026-04-08 | 33.99x |
| 2026-04-07 | 35.65x |
| 2026-04-06 | 35.84x |
| 2026-04-02 | 33.58x |
| 2026-04-01 | 33.70x |
| 2026-03-31 | 34.58x |
| 2026-03-30 | 32.34x |
| 2026-03-27 | 33.13x |
| 2026-03-26 | 33.99x |
| 2026-03-25 | 37.91x |
| 2026-03-24 | 37.85x |
| 2026-03-23 | 39.83x |
| 2026-03-20 | 38.41x |
| 2026-03-19 | 38.19x |
| 2026-03-18 | 38.42x |
| 2026-03-17 | 39.85x |
| 2026-03-16 | 39.35x |
| 2026-03-13 | 39.81x |
| 2026-03-12 | 39.00x |
| 2026-03-11 | 40.05x |
| 2026-03-10 | 41.42x |
| 2026-03-09 | 44.86x |
| 2026-03-06 | 43.56x |
| 2026-03-05 | 44.11x |
| 2026-03-04 | 41.89x |
| 2026-03-03 | 38.10x |
| 2026-03-02 | 37.59x |
| 2026-02-27 | 37.75x |
| 2026-02-26 | 38.62x |
| 2026-02-25 | 36.62x |
| 2026-02-24 | 34.17x |
| 2026-02-23 | 33.08x |
| 2026-02-20 | 36.36x |
| 2026-02-19 | 42.44x |
| 2026-02-18 | 41.67x |
| 2026-02-17 | 38.82x |
| 2026-02-13 | 40.26x |
| 2026-02-12 | 37.86x |
| 2026-02-11 | 47.00x |
| 2026-02-10 | 48.63x |
| 2026-02-09 | 47.36x |
| 2026-02-06 | 41.90x |
| 2026-02-05 | 38.70x |
| 2026-02-04 | 39.93x |
| 2026-02-03 | 47.50x |
| 2026-02-02 | 49.66x |
| 2026-01-30 | 48.65x |
| 2026-01-29 | 58.43x |
| 2026-01-28 | 55.69x |
| 2026-01-27 | 55.82x |
| 2026-01-26 | 54.99x |
| 2026-01-23 | 53.87x |
| 2026-01-22 | 53.62x |
| 2026-01-21 | 54.70x |
| 2026-01-20 | 58.05x |
| 2026-01-16 | 58.38x |
| 2026-01-15 | 62.27x |
| 2026-01-14 | 63.36x |
| 2026-01-13 | 68.53x |
| 2026-01-12 | 67.52x |
| 2026-01-09 | 66.41x |
| 2026-01-08 | 63.24x |
| 2026-01-07 | 64.90x |
| 2026-01-06 | 63.31x |
| 2026-01-05 | 64.90x |
| 2026-01-02 | 63.42x |
| 2025-12-31 | 69.06x |
| 2025-12-30 | 71.08x |
| 2025-12-29 | 71.60x |
| 2025-12-26 | 73.17x |
| 2025-12-24 | 74.52x |
| 2025-12-23 | 74.61x |
| 2025-12-22 | 75.14x |
| 2025-12-19 | 73.90x |
| 2025-12-18 | 71.15x |
| 2025-12-17 | 67.36x |
| 2025-12-16 | 69.41x |
| 2025-12-15 | 69.20x |
| 2025-12-12 | 68.74x |
| 2025-12-11 | 73.45x |
| 2025-12-10 | 72.06x |
| 2025-12-09 | 74.23x |
| 2025-12-08 | 70.68x |
| 2025-12-05 | 70.90x |
| 2025-12-04 | 70.07x |
| 2025-12-03 | 67.88x |
| 2025-12-02 | 66.94x |
| 2025-12-01 | 63.95x |
| 2025-11-28 | 61.50x |
| 2025-11-26 | 60.17x |
| 2025-11-25 | 57.08x |
| 2025-11-24 | 57.47x |
| 2025-11-21 | 53.45x |
| 2025-11-20 | 53.50x |
| 2025-11-19 | 54.44x |
| 2025-11-18 | 54.03x |
| 2025-11-17 | 55.38x |
| 2025-11-14 | 57.25x |
| 2025-11-13 | 57.10x |
| 2025-11-12 | 60.02x |
| 2025-11-11 | 61.04x |
| 2025-11-10 | 66.77x |
| 2025-11-07 | 63.58x |
| 2025-11-06 | 63.73x |
| 2025-11-05 | 74.96x |
| 2025-11-04 | 73.96x |
| 2025-11-03 | 76.78x |
| 2025-10-31 | 77.40x |
| 2025-10-30 | 75.39x |
| 2025-10-29 | 76.66x |
| 2025-10-28 | 76.14x |
| 2025-10-27 | 78.09x |
| 2025-10-24 | 75.32x |
| 2025-10-23 | 71.68x |
| 2025-10-22 | 68.69x |
| 2025-10-21 | 67.22x |
| 2025-10-20 | 68.82x |
| 2025-10-17 | 72.83x |
| 2025-10-16 | 73.60x |
| 2025-10-15 | 73.19x |
| 2025-10-14 | 71.72x |
| 2025-10-13 | 71.73x |
| 2025-10-10 | 69.30x |
| 2025-10-09 | 72.95x |
| 2025-10-08 | 76.48x |
| 2025-10-07 | 76.74x |
| 2025-10-06 | 71.35x |
| 2025-10-03 | 82.86x |
| 2025-10-02 | 82.96x |
| 2025-10-01 | 85.42x |
| 2025-09-30 | 87.16x |
| 2025-09-29 | 86.42x |
| 2025-09-26 | 81.31x |
| 2025-09-25 | 77.71x |
| 2025-09-24 | 77.95x |
| 2025-09-23 | 79.06x |
| 2025-09-22 | 78.14x |
| 2025-09-19 | 78.87x |
| 2025-09-18 | 75.50x |
| 2025-09-17 | 73.71x |
| 2025-09-16 | 73.37x |
| 2025-09-15 | 72.09x |
| 2025-09-12 | 70.75x |
| 2025-09-11 | 69.47x |
| 2025-09-10 | 68.96x |
| 2025-09-09 | 67.89x |
| 2025-09-08 | 66.55x |
| 2025-09-05 | 59.72x |
| 2025-09-04 | 60.89x |
| 2025-09-03 | 59.38x |
| 2025-09-02 | 58.70x |
| 2025-08-29 | 58.32x |
Showing the most recent 260 of 1,337 data points. The chart above shows the full history.
