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 14.52x is 30% below its estimated 5-year average of 20.75x, near the low end of its estimated 5-year range (8.28x–42.86x).
As of 2026-09-12T00:15:14.084Z. 10.45% above its estimated 12-month average of 13.15x.
Calculation as of: 2026-09-12T00:15:14.084Z.
Quote observation: 2026-09-11T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: db9b03e8a84bf9728c2b709294b4bfe75b932055c4cd2c34a93010fc84d1ae9d
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 2026-09-10.
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
14.52x
EV/FCF RATIO AVG TTM
13.15x
EV/FCF RATIO AVG 3Y
19.84x
EV/FCF RATIO AVG 5Y
20.75x
EV/FCF RATIO AVG 10Y
18.37x
EV/FCF RATIO AVG 15Y
20.27x
EV/FCF RATIO AVG 20Y
19.82x
CURRENT VS TTM AVG
+10.45%
CURRENT VS 3Y AVG
-26.80%
CURRENT VS 5Y AVG
-30.01%
CURRENT VS 10Y AVG
-20.95%
CURRENT VS 15Y AVG
-28.35%
CURRENT VS 20Y AVG
-26.73%
SECTOR MEDIAN · HEALTHCARE
25.02x
median of 80 covered companies
CURRENT VS SECTOR MEDIAN
-41.97%
vs the sector median at left
Market Cap
$33.28B
EV/FCF Ratio
60.52x
TTM Avg
130.73x
3Y Avg
465.43x
5Y Avg
465.43x
Market Cap
$30.54B
EV/FCF Ratio
88.48x
TTM Avg
66.80x
3Y Avg
49.97x
5Y Avg
45.91x
Market Cap
$28.88B
EV/FCF Ratio
41.19x
TTM Avg
29.41x
3Y Avg
27.70x
5Y Avg
27.18x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Biogen Inc. (BIIB) | $32.08B | 14.52x | 13.15x | 19.84x | 20.75x |
| Alcon Inc. (ALC)vs › | $32.20B | 21.47x | 25.92x | 44.15x | 95.77x |
| ResMed Inc. (RMD)vs › | $31.66B | N/A | N/A | N/A | N/A |
| Centene Corp. (CNC)vs › | $32.80B | 2.76x | 6.62x | 24.58x | 18.53x |
| DexCom, Inc. (DXCM)vs › | $31.33B | 22.51x | 27.91x | 58.75x | 164.58x |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $33.28B | 60.52x | 130.73x | 465.43x | 465.43x |
| Zoetis Inc. (ZTS)vs › | $30.60B | 16.22x | 24.44x | 38.29x | 46.28x |
| Waters Corporation (WAT)vs › | $30.54B | 88.48x | 66.80x | 49.97x | 45.91x |
| GE HealthCare Technologies Inc. (GEHC)vs › | $28.88B | 41.19x | 29.41x | 27.70x | 27.18x |
| Medline Inc. (MDLN)vs › | $27.51B | 28.18x | 25.72x | 25.72x | 25.72x |
EV/FCF
14.5x
P/FCF
11.9x
FCF Yield
8.40%
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 |
|---|---|
| 2026-09-10 | 13.17x |
| 2026-09-09 | 12.94x |
| 2026-09-08 | 13.03x |
| 2026-09-04 | 13.44x |
| 2026-09-03 | 13.63x |
| 2026-09-02 | 13.53x |
| 2026-09-01 | 13.20x |
| 2026-08-31 | 13.23x |
| 2026-08-28 | 13.33x |
| 2026-08-27 | 13.48x |
| 2026-08-26 | 13.45x |
| 2026-08-25 | 13.44x |
| 2026-08-24 | 13.31x |
| 2026-08-21 | 13.24x |
| 2026-08-20 | 13.12x |
| 2026-08-19 | 13.48x |
| 2026-08-18 | 13.03x |
| 2026-08-17 | 12.86x |
| 2026-08-14 | 12.89x |
| 2026-08-13 | 12.93x |
| 2026-08-12 | 12.84x |
| 2026-08-11 | 12.59x |
| 2026-08-10 | 12.76x |
| 2026-08-07 | 12.80x |
| 2026-08-06 | 12.71x |
| 2026-08-05 | 12.73x |
| 2026-08-04 | 12.82x |
| 2026-08-03 | 12.49x |
| 2026-07-31 | 12.55x |
| 2026-07-30 | 12.80x |
| 2026-07-29 | 13.05x |
| 2026-07-28 | 12.84x |
| 2026-07-27 | 12.53x |
| 2026-07-24 | 12.65x |
| 2026-07-23 | 12.56x |
| 2026-07-22 | 12.40x |
| 2026-07-21 | 12.71x |
| 2026-07-20 | 12.52x |
| 2026-07-17 | 12.87x |
| 2026-07-16 | 13.03x |
| 2026-07-15 | 12.37x |
| 2026-07-14 | 12.07x |
| 2026-07-13 | 13.04x |
| 2026-07-10 | 12.48x |
| 2026-07-09 | 12.46x |
| 2026-07-08 | 12.55x |
| 2026-07-07 | 12.85x |
| 2026-07-06 | 13.00x |
| 2026-07-02 | 13.44x |
| 2026-07-01 | 13.08x |
| 2026-06-30 | 13.43x |
| 2026-06-29 | 13.47x |
| 2026-06-26 | 13.43x |
| 2026-06-25 | 12.64x |
| 2026-06-24 | 12.50x |
| 2026-06-23 | 12.37x |
| 2026-06-22 | 12.51x |
| 2026-06-18 | 12.33x |
| 2026-06-17 | 12.45x |
| 2026-06-16 | 12.28x |
| 2026-06-15 | 12.45x |
| 2026-06-12 | 12.53x |
| 2026-06-11 | 12.52x |
| 2026-06-10 | 12.20x |
| 2026-06-09 | 12.48x |
| 2026-06-08 | 12.11x |
| 2026-06-05 | 12.26x |
| 2026-06-04 | 12.33x |
| 2026-06-03 | 12.30x |
| 2026-06-02 | 11.89x |
| 2026-06-01 | 12.09x |
| 2026-05-29 | 12.30x |
| 2026-05-28 | 12.32x |
| 2026-05-27 | 12.35x |
| 2026-05-26 | 12.13x |
| 2026-05-22 | 12.17x |
| 2026-05-21 | 11.93x |
| 2026-05-20 | 11.84x |
| 2026-05-19 | 11.99x |
| 2026-05-18 | 12.07x |
| 2026-05-15 | 12.13x |
| 2026-05-14 | 12.04x |
| 2026-05-13 | 12.78x |
| 2026-05-12 | 12.49x |
| 2026-05-11 | 12.41x |
| 2026-05-08 | 12.16x |
| 2026-05-07 | 12.04x |
| 2026-05-06 | 12.00x |
| 2026-05-05 | 11.91x |
| 2026-05-04 | 11.80x |
| 2026-05-01 | 11.79x |
| 2026-04-30 | 11.92x |
| 2026-04-29 | 15.18x |
| 2026-04-28 | 14.42x |
| 2026-04-27 | 14.23x |
| 2026-04-24 | 14.49x |
| 2026-04-23 | 14.73x |
| 2026-04-22 | 14.88x |
| 2026-04-21 | 14.60x |
| 2026-04-20 | 14.42x |
| 2026-04-17 | 14.01x |
| 2026-04-16 | 13.92x |
| 2026-04-15 | 14.23x |
| 2026-04-14 | 14.12x |
| 2026-04-13 | 13.94x |
| 2026-04-10 | 13.71x |
| 2026-04-09 | 13.99x |
| 2026-04-08 | 14.18x |
| 2026-04-07 | 13.89x |
| 2026-04-06 | 13.66x |
| 2026-04-02 | 14.01x |
| 2026-04-01 | 14.45x |
| 2026-03-31 | 14.42x |
| 2026-03-30 | 14.71x |
| 2026-03-27 | 14.45x |
| 2026-03-26 | 14.95x |
| 2026-03-25 | 14.82x |
| 2026-03-24 | 14.46x |
| 2026-03-23 | 14.44x |
| 2026-03-20 | 14.29x |
| 2026-03-19 | 14.42x |
| 2026-03-18 | 14.35x |
| 2026-03-17 | 14.55x |
| 2026-03-16 | 14.41x |
| 2026-03-13 | 14.30x |
| 2026-03-12 | 14.52x |
| 2026-03-11 | 14.91x |
| 2026-03-10 | 14.77x |
| 2026-03-09 | 14.75x |
| 2026-03-06 | 14.52x |
| 2026-03-05 | 14.74x |
| 2026-03-04 | 14.87x |
| 2026-03-03 | 14.46x |
| 2026-03-02 | 14.74x |
| 2026-02-27 | 15.00x |
| 2026-02-26 | 14.74x |
| 2026-02-25 | 14.92x |
| 2026-02-24 | 15.23x |
| 2026-02-23 | 15.31x |
| 2026-02-20 | 15.01x |
| 2026-02-19 | 15.02x |
| 2026-02-18 | 15.16x |
| 2026-02-17 | 15.26x |
| 2026-02-13 | 15.32x |
| 2026-02-12 | 15.25x |
| 2026-02-11 | 14.96x |
| 2026-02-10 | 14.81x |
| 2026-02-09 | 15.14x |
| 2026-02-06 | 14.19x |
| 2026-02-05 | 13.17x |
| 2026-02-04 | 13.18x |
| 2026-02-03 | 12.61x |
| 2026-02-02 | 12.77x |
| 2026-01-30 | 12.82x |
| 2026-01-29 | 12.58x |
| 2026-01-28 | 12.49x |
| 2026-01-27 | 12.44x |
| 2026-01-26 | 12.38x |
| 2026-01-23 | 12.28x |
| 2026-01-22 | 12.42x |
| 2026-01-21 | 12.35x |
| 2026-01-20 | 11.88x |
| 2026-01-16 | 11.82x |
| 2026-01-15 | 12.09x |
| 2026-01-14 | 12.13x |
| 2026-01-13 | 12.71x |
| 2026-01-12 | 13.19x |
| 2026-01-09 | 13.32x |
| 2026-01-08 | 13.21x |
| 2026-01-07 | 13.27x |
| 2026-01-06 | 12.99x |
| 2026-01-05 | 12.48x |
| 2026-01-02 | 12.68x |
| 2025-12-31 | 12.56x |
| 2025-12-30 | 12.59x |
| 2025-12-29 | 12.62x |
| 2025-12-26 | 12.64x |
| 2025-12-24 | 12.59x |
| 2025-12-23 | 12.49x |
| 2025-12-22 | 12.48x |
| 2025-12-19 | 12.49x |
| 2025-12-18 | 12.17x |
| 2025-12-17 | 12.31x |
| 2025-12-16 | 12.27x |
| 2025-12-15 | 12.55x |
| 2025-12-12 | 12.44x |
| 2025-12-11 | 12.34x |
| 2025-12-10 | 12.67x |
| 2025-12-09 | 12.56x |
| 2025-12-08 | 12.85x |
| 2025-12-05 | 12.91x |
| 2025-12-04 | 12.95x |
| 2025-12-03 | 12.87x |
| 2025-12-02 | 12.84x |
| 2025-12-01 | 12.68x |
| 2025-11-28 | 12.96x |
| 2025-11-26 | 12.95x |
| 2025-11-25 | 12.95x |
| 2025-11-24 | 12.62x |
| 2025-11-21 | 12.52x |
| 2025-11-20 | 12.06x |
| 2025-11-19 | 12.04x |
| 2025-11-18 | 12.10x |
| 2025-11-17 | 11.83x |
| 2025-11-14 | 12.02x |
| 2025-11-13 | 11.84x |
| 2025-11-12 | 11.63x |
| 2025-11-11 | 11.50x |
| 2025-11-10 | 11.29x |
| 2025-11-07 | 11.24x |
| 2025-11-06 | 11.32x |
| 2025-11-05 | 11.11x |
| 2025-11-04 | 10.84x |
| 2025-11-03 | 10.98x |
| 2025-10-31 | 11.16x |
| 2025-10-30 | 13.82x |
| 2025-10-29 | 13.68x |
| 2025-10-28 | 13.78x |
| 2025-10-27 | 13.89x |
| 2025-10-24 | 13.84x |
| 2025-10-23 | 13.86x |
| 2025-10-22 | 13.67x |
| 2025-10-21 | 13.56x |
| 2025-10-20 | 13.59x |
| 2025-10-17 | 13.30x |
| 2025-10-16 | 13.24x |
| 2025-10-15 | 13.35x |
| 2025-10-14 | 13.48x |
| 2025-10-13 | 13.44x |
| 2025-10-10 | 13.58x |
| 2025-10-09 | 13.82x |
| 2025-10-08 | 13.93x |
| 2025-10-07 | 14.03x |
| 2025-10-06 | 14.17x |
| 2025-10-03 | 14.63x |
| 2025-10-02 | 14.27x |
| 2025-10-01 | 14.18x |
| 2025-09-30 | 13.07x |
| 2025-09-29 | 12.95x |
| 2025-09-26 | 12.86x |
| 2025-09-25 | 12.73x |
| 2025-09-24 | 12.88x |
| 2025-09-23 | 13.01x |
| 2025-09-22 | 13.12x |
| 2025-09-19 | 13.26x |
| 2025-09-18 | 13.37x |
| 2025-09-17 | 13.45x |
| 2025-09-16 | 13.36x |
| 2025-09-15 | 13.33x |
| 2025-09-12 | 13.45x |
| 2025-09-11 | 13.76x |
| 2025-09-10 | 13.27x |
| 2025-09-09 | 13.35x |
| 2025-09-08 | 13.17x |
| 2025-09-05 | 13.12x |
| 2025-09-04 | 13.06x |
| 2025-09-03 | 13.19x |
| 2025-09-02 | 13.04x |
| 2025-08-29 | 12.46x |
| 2025-08-28 | 12.49x |
Showing the most recent 260 of 4,781 data points. The chart above shows the full history.
