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 29.17x is 32% below its estimated 5-year average of 43.20x, near the low end of its estimated 5-year range (22.73x–127.76x).
As of 2026-09-16T12:55:27.891Z. 43.12% below its estimated 12-month average of 51.28x.
Calculation as of: 2026-09-16T12:55:27.891Z.
Quote observation: 2026-09-15T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: e8ee5291e664c5e40726b6d1d7f3f143034718027bc41f2533dd69cfeb6f8858
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
29.17x
EV/FCF RATIO AVG TTM
51.28x
EV/FCF RATIO AVG 3Y
44.00x
EV/FCF RATIO AVG 5Y
43.20x
EV/FCF RATIO AVG 10Y
36.88x
EV/FCF RATIO AVG 15Y
30.80x
EV/FCF RATIO AVG 20Y
25.64x
CURRENT VS TTM AVG
-43.12%
CURRENT VS 3Y AVG
-33.71%
CURRENT VS 5Y AVG
-32.47%
CURRENT VS 10Y AVG
-20.91%
CURRENT VS 15Y AVG
-5.28%
CURRENT VS 20Y AVG
+13.78%
SECTOR MEDIAN · HEALTHCARE
25.34x
median of 80 covered companies
CURRENT VS SECTOR MEDIAN
+15.09%
vs the sector median at left
Baxter International Inc.
Market Cap
$12.26B
EV/FCF Ratio
29.17x
TTM Avg
51.28x
3Y Avg
44.00x
5Y Avg
43.20x
Market Cap
$12.10B
EV/FCF Ratio
35.89x
TTM Avg
32.11x
3Y Avg
41.96x
5Y Avg
48.13x
Market Cap
$13.14B
EV/FCF Ratio
43.12x
TTM Avg
26.32x
3Y Avg
28.34x
5Y Avg
34.80x
Market Cap
$11.33B
EV/FCF Ratio
43.12x
TTM Avg
39.82x
3Y Avg
44.77x
5Y Avg
48.60x
Market Cap
$10.80B
EV/FCF Ratio
36.33x
TTM Avg
31.85x
3Y Avg
46.12x
5Y Avg
30.33x
Market Cap
$10.71B
EV/FCF Ratio
19.15x
TTM Avg
19.25x
3Y Avg
23.22x
5Y Avg
57.77x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Baxter International Inc. (BAX) | $12.26B | 29.17x | 51.28x | 44.00x | 43.20x |
| DaVita Inc. (DVA)vs › | $12.26B | 13.90x | 18.09x | 17.69x | 17.88x |
| Encompass Health Corporation (EHC)vs › | $12.10B | 35.89x | 32.11x | 41.96x | 48.13x |
| Tempus AI, Inc. (TEM)vs › | $12.06B | N/A | N/A | N/A | N/A |
| Penumbra, Inc. (PEN)vs › | $12.54B | 58.13x | 68.94x | 1003.30x | 1663.49x |
| Charles River Laboratories International, Inc. (CRL)vs › | $13.14B | 43.12x | 26.32x | 28.34x | 34.80x |
| Bio-Techne Corporation (TECH)vs › | $11.33B | 43.12x | 39.82x | 44.77x | 48.60x |
| Molina Healthcare, Inc. (MOH)vs › | $10.80B | 36.33x | 31.85x | 46.12x | 30.33x |
| Universal Health Services, Inc. (UHS)vs › | $10.71B | 19.15x | 19.25x | 23.22x | 57.77x |
| Align Technology, Inc. (ALGN)vs › | $10.53B | 17.01x | 17.20x | 26.70x | 36.44x |
EV/FCF
29.2x
P/FCF
18.1x
FCF Yield
5.53%
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 |
|---|---|
| 2026-09-11 | 29.27x |
| 2026-09-10 | 29.56x |
| 2026-09-09 | 29.72x |
| 2026-09-08 | 30.08x |
| 2026-09-04 | 30.82x |
| 2026-09-03 | 30.62x |
| 2026-09-02 | 30.72x |
| 2026-09-01 | 30.55x |
| 2026-08-31 | 30.95x |
| 2026-08-28 | 31.05x |
| 2026-08-27 | 30.90x |
| 2026-08-26 | 31.33x |
| 2026-08-25 | 31.17x |
| 2026-08-24 | 31.33x |
| 2026-08-21 | 31.21x |
| 2026-08-20 | 31.26x |
| 2026-08-19 | 31.44x |
| 2026-08-18 | 30.91x |
| 2026-08-17 | 30.88x |
| 2026-08-14 | 31.51x |
| 2026-08-13 | 31.75x |
| 2026-08-12 | 31.68x |
| 2026-08-11 | 32.18x |
| 2026-08-10 | 32.31x |
| 2026-08-07 | 32.14x |
| 2026-08-06 | 31.72x |
| 2026-08-05 | 31.97x |
| 2026-08-04 | 32.75x |
| 2026-08-03 | 32.56x |
| 2026-07-31 | 31.07x |
| 2026-07-30 | 30.04x |
| 2026-07-29 | 28.61x |
| 2026-07-28 | 28.32x |
| 2026-07-27 | 27.58x |
| 2026-07-24 | 26.90x |
| 2026-07-23 | 26.37x |
| 2026-07-22 | 26.42x |
| 2026-07-21 | 26.76x |
| 2026-07-20 | 26.66x |
| 2026-07-17 | 27.05x |
| 2026-07-16 | 27.58x |
| 2026-07-15 | 26.72x |
| 2026-07-14 | 26.47x |
| 2026-07-13 | 27.02x |
| 2026-07-10 | 27.06x |
| 2026-07-09 | 26.94x |
| 2026-07-08 | 26.60x |
| 2026-07-07 | 27.23x |
| 2026-07-06 | 27.03x |
| 2026-07-02 | 27.08x |
| 2026-07-01 | 26.39x |
| 2026-06-30 | 26.12x |
| 2026-06-29 | 26.63x |
| 2026-06-26 | 26.64x |
| 2026-06-25 | 26.29x |
| 2026-06-24 | 25.92x |
| 2026-06-23 | 25.24x |
| 2026-06-22 | 24.92x |
| 2026-06-18 | 25.09x |
| 2026-06-17 | 24.73x |
| 2026-06-16 | 25.50x |
| 2026-06-15 | 25.75x |
| 2026-06-12 | 25.79x |
| 2026-06-11 | 25.52x |
| 2026-06-10 | 25.39x |
| 2026-06-09 | 25.19x |
| 2026-06-08 | 24.62x |
| 2026-06-05 | 24.72x |
| 2026-06-04 | 24.70x |
| 2026-06-03 | 24.11x |
| 2026-06-02 | 24.22x |
| 2026-06-01 | 24.01x |
| 2026-05-29 | 24.29x |
| 2026-05-28 | 24.63x |
| 2026-05-27 | 24.68x |
| 2026-05-26 | 24.72x |
| 2026-05-22 | 24.58x |
| 2026-05-21 | 24.47x |
| 2026-05-20 | 24.28x |
| 2026-05-19 | 23.96x |
| 2026-05-18 | 23.57x |
| 2026-05-15 | 23.22x |
| 2026-05-14 | 23.57x |
| 2026-05-13 | 23.23x |
| 2026-05-12 | 23.65x |
| 2026-05-11 | 23.39x |
| 2026-05-08 | 23.72x |
| 2026-05-07 | 23.36x |
| 2026-05-06 | 22.99x |
| 2026-05-05 | 22.82x |
| 2026-05-04 | 22.73x |
| 2026-05-01 | 23.16x |
| 2026-04-30 | 52.17x |
| 2026-04-29 | 51.09x |
| 2026-04-28 | 52.74x |
| 2026-04-27 | 53.62x |
| 2026-04-24 | 53.09x |
| 2026-04-23 | 53.49x |
| 2026-04-22 | 53.33x |
| 2026-04-21 | 53.62x |
| 2026-04-20 | 54.17x |
| 2026-04-17 | 53.97x |
| 2026-04-16 | 53.06x |
| 2026-04-15 | 52.20x |
| 2026-04-14 | 52.18x |
| 2026-04-13 | 52.25x |
| 2026-04-10 | 51.48x |
| 2026-04-09 | 51.72x |
| 2026-04-08 | 51.63x |
| 2026-04-07 | 50.64x |
| 2026-04-06 | 50.69x |
| 2026-04-02 | 50.74x |
| 2026-04-01 | 50.89x |
| 2026-03-31 | 50.93x |
| 2026-03-30 | 49.33x |
| 2026-03-27 | 49.61x |
| 2026-03-26 | 50.72x |
| 2026-03-25 | 51.44x |
| 2026-03-24 | 50.80x |
| 2026-03-23 | 50.62x |
| 2026-03-20 | 49.89x |
| 2026-03-19 | 50.70x |
| 2026-03-18 | 51.39x |
| 2026-03-17 | 52.23x |
| 2026-03-16 | 51.37x |
| 2026-03-13 | 51.88x |
| 2026-03-12 | 52.85x |
| 2026-03-11 | 52.92x |
| 2026-03-10 | 51.98x |
| 2026-03-09 | 52.69x |
| 2026-03-06 | 52.34x |
| 2026-03-05 | 53.79x |
| 2026-03-04 | 54.47x |
| 2026-03-03 | 54.47x |
| 2026-03-02 | 55.53x |
| 2026-02-27 | 56.61x |
| 2026-02-26 | 56.59x |
| 2026-02-25 | 57.18x |
| 2026-02-24 | 57.02x |
| 2026-02-23 | 58.02x |
| 2026-02-20 | 58.53x |
| 2026-02-19 | 58.15x |
| 2026-02-18 | 58.99x |
| 2026-02-17 | 57.20x |
| 2026-02-13 | 55.68x |
| 2026-02-12 | 76.53x |
| 2026-02-11 | 84.51x |
| 2026-02-10 | 83.75x |
| 2026-02-09 | 83.28x |
| 2026-02-06 | 83.28x |
| 2026-02-05 | 83.37x |
| 2026-02-04 | 81.72x |
| 2026-02-03 | 79.22x |
| 2026-02-02 | 79.13x |
| 2026-01-30 | 79.57x |
| 2026-01-29 | 78.81x |
| 2026-01-28 | 78.55x |
| 2026-01-27 | 78.46x |
| 2026-01-26 | 78.64x |
| 2026-01-23 | 79.06x |
| 2026-01-22 | 79.57x |
| 2026-01-21 | 78.77x |
| 2026-01-20 | 78.03x |
| 2026-01-16 | 79.66x |
| 2026-01-15 | 80.24x |
| 2026-01-14 | 79.06x |
| 2026-01-13 | 78.64x |
| 2026-01-12 | 79.75x |
| 2026-01-09 | 81.81x |
| 2026-01-08 | 80.96x |
| 2026-01-07 | 80.31x |
| 2026-01-06 | 80.65x |
| 2026-01-05 | 79.17x |
| 2026-01-02 | 78.30x |
| 2025-12-31 | 77.43x |
| 2025-12-30 | 77.85x |
| 2025-12-29 | 77.74x |
| 2025-12-26 | 78.03x |
| 2025-12-24 | 77.43x |
| 2025-12-23 | 77.03x |
| 2025-12-22 | 77.14x |
| 2025-12-19 | 77.09x |
| 2025-12-18 | 77.34x |
| 2025-12-17 | 77.83x |
| 2025-12-16 | 77.29x |
| 2025-12-15 | 78.37x |
| 2025-12-12 | 77.52x |
| 2025-12-11 | 76.96x |
| 2025-12-10 | 75.53x |
| 2025-12-09 | 75.31x |
| 2025-12-08 | 75.31x |
| 2025-12-05 | 76.15x |
| 2025-12-04 | 76.02x |
| 2025-12-03 | 76.94x |
| 2025-12-02 | 76.83x |
| 2025-12-01 | 77.36x |
| 2025-11-28 | 76.60x |
| 2025-11-26 | 76.98x |
| 2025-11-25 | 76.42x |
| 2025-11-24 | 75.35x |
| 2025-11-21 | 75.64x |
| 2025-11-20 | 73.65x |
| 2025-11-19 | 74.26x |
| 2025-11-18 | 75.28x |
| 2025-11-17 | 74.43x |
| 2025-11-14 | 76.00x |
| 2025-11-13 | 76.51x |
| 2025-11-12 | 76.51x |
| 2025-11-11 | 75.51x |
| 2025-11-10 | 74.39x |
| 2025-11-07 | 74.95x |
| 2025-11-06 | 74.90x |
| 2025-11-05 | 74.84x |
| 2025-11-04 | 51.83x |
| 2025-11-03 | 52.25x |
| 2025-10-31 | 52.65x |
| 2025-10-30 | 53.72x |
| 2025-10-29 | 58.75x |
| 2025-10-28 | 59.43x |
| 2025-10-27 | 59.91x |
| 2025-10-24 | 59.67x |
| 2025-10-23 | 59.63x |
| 2025-10-22 | 59.53x |
| 2025-10-21 | 59.26x |
| 2025-10-20 | 59.84x |
| 2025-10-17 | 59.78x |
| 2025-10-16 | 59.60x |
| 2025-10-15 | 59.26x |
| 2025-10-14 | 59.36x |
| 2025-10-13 | 58.27x |
| 2025-10-10 | 58.02x |
| 2025-10-09 | 58.89x |
| 2025-10-08 | 59.26x |
| 2025-10-07 | 59.49x |
| 2025-10-06 | 59.87x |
| 2025-10-03 | 60.97x |
| 2025-10-02 | 60.00x |
| 2025-10-01 | 60.20x |
| 2025-09-30 | 59.29x |
| 2025-09-29 | 58.69x |
| 2025-09-26 | 58.07x |
| 2025-09-25 | 57.65x |
| 2025-09-24 | 58.96x |
| 2025-09-23 | 59.43x |
| 2025-09-22 | 59.35x |
| 2025-09-19 | 59.67x |
| 2025-09-18 | 60.71x |
| 2025-09-17 | 59.95x |
| 2025-09-16 | 60.99x |
| 2025-09-15 | 60.88x |
| 2025-09-12 | 61.17x |
| 2025-09-11 | 61.94x |
| 2025-09-10 | 61.16x |
| 2025-09-09 | 61.88x |
| 2025-09-08 | 61.33x |
| 2025-09-05 | 61.83x |
| 2025-09-04 | 60.54x |
| 2025-09-03 | 60.48x |
| 2025-09-02 | 61.45x |
| 2025-08-29 | 62.25x |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
