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 31.45x is 16% below its estimated 5-year average of 37.23x, near the low end of its estimated 5-year range (24.92x–61.39x).
As of 2026-09-10T20:00:00.000Z. 10.01% below its estimated 12-month average of 34.95x.
Quote observation: 2026-09-10T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 799e74dd5d42d016c54d248ccbd9ac86f7b1b0de181489800e391cefc1a033e5
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 2026-09-09.
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
31.45x
EV/FCF RATIO AVG TTM
34.95x
EV/FCF RATIO AVG 3Y
34.45x
EV/FCF RATIO AVG 5Y
37.23x
EV/FCF RATIO AVG 10Y
52.87x
EV/FCF RATIO AVG 15Y
41.59x
EV/FCF RATIO AVG 20Y
29.80x
CURRENT VS TTM AVG
-10.01%
CURRENT VS 3Y AVG
-8.71%
CURRENT VS 5Y AVG
-15.53%
CURRENT VS 10Y AVG
-40.52%
CURRENT VS 15Y AVG
-24.38%
CURRENT VS 20Y AVG
+5.54%
SECTOR MEDIAN · HEALTHCARE
25.00x
median of 80 covered companies
CURRENT VS SECTOR MEDIAN
+25.77%
vs the sector median at left
Market Cap
$224.14B
EV/FCF Ratio
35.89x
TTM Avg
36.72x
3Y Avg
34.05x
5Y Avg
35.13x
Market Cap
$179.79B
EV/FCF Ratio
15.65x
TTM Avg
18.55x
3Y Avg
16.29x
5Y Avg
14.69x
Market Cap
$178.87B
EV/FCF Ratio
26.05x
TTM Avg
28.63x
3Y Avg
34.44x
5Y Avg
30.90x
Market Cap
$352.70B
EV/FCF Ratio
16.83x
TTM Avg
19.42x
3Y Avg
30.16x
5Y Avg
26.29x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AstraZeneca PLC (AZN) | $247.55B | 31.45x | 34.95x | 34.45x | 37.23x |
| Thermo Fisher Scientific Inc. (TMO)vs › | $224.14B | 35.89x | 36.72x | 34.05x | 35.13x |
| Amgen Inc. (AMGN)vs › | $206.42B | 24.54x | 24.45x | 25.66x | 23.01x |
| Novo Nordisk A/S (NVO)vs › | $195.52B | 28.21x | 36.22x | 44.26x | 39.68x |
| Gilead Sciences, Inc. (GILD)vs › | $179.79B | 15.65x | 18.55x | 16.29x | 14.69x |
| Abbott Laboratories (ABT)vs › | $178.87B | 26.05x | 28.63x | 34.44x | 30.90x |
| Pfizer Inc. (PFE)vs › | $157.53B | 20.00x | 20.64x | 28.59x | 21.66x |
| Roche Holding AG (RHHBY)vs › | $338.87B | N/A | N/A | N/A | N/A |
| UnitedHealth Group Incorporated (UNH)vs › | $352.70B | 16.83x | 19.42x | 30.16x | 26.29x |
| Danaher Corporation (DHR)vs › | $141.00B | 29.86x | 31.14x | 32.71x | 30.43x |
EV/FCF
31.4x
P/FCF
28.3x
FCF Yield
3.53%
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 |
|---|---|
| 2026-09-09 | 31.14x |
| 2026-09-08 | 31.69x |
| 2026-09-04 | 32.17x |
| 2026-09-03 | 32.54x |
| 2026-09-02 | 31.97x |
| 2026-09-01 | 32.12x |
| 2026-08-31 | 32.06x |
| 2026-08-28 | 32.17x |
| 2026-08-27 | 32.49x |
| 2026-08-26 | 32.80x |
| 2026-08-25 | 33.41x |
| 2026-08-24 | 32.88x |
| 2026-08-21 | 32.75x |
| 2026-08-20 | 32.49x |
| 2026-08-19 | 32.57x |
| 2026-08-18 | 31.70x |
| 2026-08-17 | 31.13x |
| 2026-08-14 | 31.05x |
| 2026-08-13 | 31.19x |
| 2026-08-12 | 31.42x |
| 2026-08-11 | 31.46x |
| 2026-08-10 | 32.02x |
| 2026-08-07 | 31.94x |
| 2026-08-06 | 31.87x |
| 2026-08-05 | 31.95x |
| 2026-08-04 | 30.90x |
| 2026-08-03 | 31.32x |
| 2026-07-31 | 33.40x |
| 2026-07-30 | 33.71x |
| 2026-07-29 | 34.06x |
| 2026-07-28 | 33.91x |
| 2026-07-27 | 36.09x |
| 2026-07-24 | 36.01x |
| 2026-07-23 | 35.82x |
| 2026-07-22 | 36.10x |
| 2026-07-21 | 36.03x |
| 2026-07-20 | 35.10x |
| 2026-07-17 | 35.94x |
| 2026-07-16 | 36.02x |
| 2026-07-15 | 35.84x |
| 2026-07-14 | 35.09x |
| 2026-07-13 | 36.05x |
| 2026-07-10 | 36.47x |
| 2026-07-09 | 37.80x |
| 2026-07-08 | 39.89x |
| 2026-07-07 | 40.63x |
| 2026-07-06 | 40.06x |
| 2026-07-02 | 41.02x |
| 2026-07-01 | 38.84x |
| 2026-06-30 | 39.95x |
| 2026-06-29 | 40.21x |
| 2026-06-26 | 39.72x |
| 2026-06-25 | 39.19x |
| 2026-06-24 | 38.68x |
| 2026-06-23 | 38.29x |
| 2026-06-22 | 37.40x |
| 2026-06-18 | 37.11x |
| 2026-06-17 | 37.68x |
| 2026-06-16 | 37.84x |
| 2026-06-15 | 37.56x |
| 2026-06-12 | 37.85x |
| 2026-06-11 | 38.53x |
| 2026-06-10 | 37.89x |
| 2026-06-09 | 38.75x |
| 2026-06-08 | 38.39x |
| 2026-06-05 | 39.24x |
| 2026-06-04 | 38.44x |
| 2026-06-03 | 37.37x |
| 2026-06-02 | 37.60x |
| 2026-06-01 | 38.03x |
| 2026-05-29 | 39.19x |
| 2026-05-28 | 39.12x |
| 2026-05-27 | 39.18x |
| 2026-05-26 | 39.48x |
| 2026-05-22 | 39.45x |
| 2026-05-21 | 39.98x |
| 2026-05-20 | 39.53x |
| 2026-05-19 | 38.99x |
| 2026-05-18 | 38.85x |
| 2026-05-15 | 38.40x |
| 2026-05-14 | 39.05x |
| 2026-05-13 | 39.58x |
| 2026-05-12 | 38.97x |
| 2026-05-11 | 38.45x |
| 2026-05-08 | 38.64x |
| 2026-05-07 | 38.58x |
| 2026-05-06 | 39.04x |
| 2026-05-05 | 38.33x |
| 2026-05-04 | 38.76x |
| 2026-05-01 | 39.01x |
| 2026-04-30 | 39.52x |
| 2026-04-29 | 34.84x |
| 2026-04-28 | 35.10x |
| 2026-04-27 | 35.24x |
| 2026-04-24 | 35.63x |
| 2026-04-23 | 36.07x |
| 2026-04-22 | 36.51x |
| 2026-04-21 | 36.68x |
| 2026-04-20 | 37.53x |
| 2026-04-17 | 38.25x |
| 2026-04-16 | 37.49x |
| 2026-04-15 | 37.62x |
| 2026-04-14 | 38.17x |
| 2026-04-13 | 37.80x |
| 2026-04-10 | 38.11x |
| 2026-04-09 | 38.28x |
| 2026-04-08 | 38.15x |
| 2026-04-07 | 37.55x |
| 2026-04-06 | 37.90x |
| 2026-04-02 | 38.02x |
| 2026-04-01 | 37.54x |
| 2026-03-31 | 36.93x |
| 2026-03-30 | 36.35x |
| 2026-03-27 | 35.40x |
| 2026-03-26 | 34.53x |
| 2026-03-25 | 35.18x |
| 2026-03-24 | 34.94x |
| 2026-03-23 | 34.64x |
| 2026-03-20 | 34.56x |
| 2026-03-19 | 35.49x |
| 2026-03-18 | 35.40x |
| 2026-03-17 | 35.90x |
| 2026-03-16 | 36.02x |
| 2026-03-13 | 35.66x |
| 2026-03-12 | 36.11x |
| 2026-03-11 | 36.25x |
| 2026-03-10 | 36.54x |
| 2026-03-09 | 36.53x |
| 2026-03-06 | 36.41x |
| 2026-03-05 | 36.98x |
| 2026-03-04 | 37.68x |
| 2026-03-03 | 37.72x |
| 2026-03-02 | 38.06x |
| 2026-02-27 | 38.88x |
| 2026-02-26 | 38.10x |
| 2026-02-25 | 38.42x |
| 2026-02-24 | 36.27x |
| 2026-02-23 | 36.00x |
| 2026-02-20 | 35.88x |
| 2026-02-19 | 36.60x |
| 2026-02-18 | 36.61x |
| 2026-02-17 | 36.74x |
| 2026-02-13 | 36.10x |
| 2026-02-12 | 35.93x |
| 2026-02-11 | 35.97x |
| 2026-02-10 | 34.07x |
| 2026-02-09 | 33.24x |
| 2026-02-06 | 34.06x |
| 2026-02-05 | 33.10x |
| 2026-02-04 | 33.15x |
| 2026-02-03 | 32.64x |
| 2026-02-02 | 33.30x |
| 2026-01-30 | 33.09x |
| 2026-01-29 | 32.45x |
| 2026-01-28 | 33.21x |
| 2026-01-27 | 33.25x |
| 2026-01-26 | 31.78x |
| 2026-01-23 | 31.52x |
| 2026-01-22 | 31.85x |
| 2026-01-21 | 31.12x |
| 2026-01-20 | 32.45x |
| 2026-01-16 | 33.75x |
| 2026-01-15 | 33.37x |
| 2026-01-14 | 33.60x |
| 2026-01-13 | 33.35x |
| 2026-01-12 | 32.83x |
| 2026-01-09 | 33.73x |
| 2026-01-08 | 33.32x |
| 2026-01-07 | 33.69x |
| 2026-01-06 | 33.64x |
| 2026-01-05 | 31.78x |
| 2026-01-02 | 32.37x |
| 2025-12-31 | 31.20x |
| 2025-12-30 | 32.07x |
| 2025-12-29 | 33.08x |
| 2025-12-26 | 32.14x |
| 2025-12-24 | 32.98x |
| 2025-12-23 | 32.42x |
| 2025-12-22 | 32.05x |
| 2025-12-19 | 32.13x |
| 2025-12-18 | 32.02x |
| 2025-12-17 | 32.71x |
| 2025-12-16 | 32.37x |
| 2025-12-15 | 32.56x |
| 2025-12-12 | 31.88x |
| 2025-12-11 | 32.03x |
| 2025-12-10 | 32.25x |
| 2025-12-09 | 31.79x |
| 2025-12-08 | 32.09x |
| 2025-12-05 | 31.85x |
| 2025-12-04 | 31.94x |
| 2025-12-03 | 32.47x |
| 2025-12-02 | 31.79x |
| 2025-12-01 | 31.99x |
| 2025-11-28 | 32.54x |
| 2025-11-26 | 33.32x |
| 2025-11-25 | 33.19x |
| 2025-11-24 | 32.37x |
| 2025-11-21 | 32.35x |
| 2025-11-20 | 31.58x |
| 2025-11-19 | 31.90x |
| 2025-11-18 | 31.15x |
| 2025-11-17 | 31.16x |
| 2025-11-14 | 31.09x |
| 2025-11-13 | 31.52x |
| 2025-11-12 | 31.22x |
| 2025-11-11 | 31.15x |
| 2025-11-10 | 31.10x |
| 2025-11-07 | 29.68x |
| 2025-11-06 | 35.34x |
| 2025-11-05 | 34.07x |
| 2025-11-04 | 34.63x |
| 2025-11-03 | 33.99x |
| 2025-10-31 | 34.54x |
| 2025-10-30 | 34.52x |
| 2025-10-29 | 34.33x |
| 2025-10-28 | 34.69x |
| 2025-10-27 | 34.39x |
| 2025-10-24 | 34.34x |
| 2025-10-23 | 35.20x |
| 2025-10-22 | 34.94x |
| 2025-10-21 | 35.21x |
| 2025-10-20 | 34.96x |
| 2025-10-17 | 35.70x |
| 2025-10-16 | 35.37x |
| 2025-10-15 | 35.17x |
| 2025-10-14 | 35.36x |
| 2025-10-13 | 35.35x |
| 2025-10-10 | 35.41x |
| 2025-10-09 | 35.51x |
| 2025-10-08 | 35.93x |
| 2025-10-07 | 35.53x |
| 2025-10-06 | 35.97x |
| 2025-10-03 | 35.63x |
| 2025-10-02 | 34.52x |
| 2025-10-01 | 34.12x |
| 2025-09-30 | 31.63x |
| 2025-09-29 | 30.98x |
| 2025-09-26 | 30.99x |
| 2025-09-25 | 31.68x |
| 2025-09-24 | 31.54x |
| 2025-09-23 | 31.87x |
| 2025-09-22 | 33.02x |
| 2025-09-19 | 32.56x |
| 2025-09-18 | 32.37x |
| 2025-09-17 | 32.87x |
| 2025-09-16 | 32.30x |
| 2025-09-15 | 32.60x |
| 2025-09-12 | 33.55x |
| 2025-09-11 | 34.01x |
| 2025-09-10 | 33.66x |
| 2025-09-09 | 33.73x |
| 2025-09-08 | 34.22x |
| 2025-09-05 | 34.49x |
| 2025-09-04 | 34.01x |
| 2025-09-03 | 34.06x |
| 2025-09-02 | 33.75x |
| 2025-08-29 | 33.84x |
| 2025-08-28 | 33.29x |
| 2025-08-27 | 33.75x |
Showing the most recent 260 of 4,905 data points. The chart above shows the full history.
