Basis: FMP quote market capitalization / four-quarter operating cash flow. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the Price/OCF ratio high or low?
The Price/OCF ratio of 110.60 is 25% below its estimated 1-year average of 146.93, near the low end of its estimated 1-year range (105.59–1386.78).
As of 2026-10-06T12:50:45.231Z. 24.72% below its estimated 12-month average of 146.93.
Calculation as of: 2026-10-06T12:50:45.231Z.
Quote observation: 2026-10-05T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 38b5431cb1e3da682f5ebe5fe36c67887aeb28768e172b1d79306996b6f580d0
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 2026-10-05.
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.
PRICE/OCF RATIO
110.60
PRICE/OCF RATIO AVG TTM
146.93
PRICE/OCF RATIO AVG 3Y
N/A
PRICE/OCF RATIO AVG 5Y
N/A
PRICE/OCF RATIO AVG 10Y
N/A
PRICE/OCF RATIO AVG 15Y
N/A
PRICE/OCF RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-24.72%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
15.96
median of 161 covered companies
CURRENT VS SECTOR MEDIAN
+592.98%
vs the sector median at left
Market Cap
$4.92B
Price/OCF Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$5.20B
Price/OCF Ratio
N/A
TTM Avg
27.45
3Y Avg
27.45
5Y Avg
27.45
Market Cap
$5.20B
Price/OCF Ratio
18.36
TTM Avg
16.87
3Y Avg
25.21
5Y Avg
27.56
Market Cap
$4.81B
Price/OCF Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.78B
Price/OCF Ratio
N/A
TTM Avg
17.21
3Y Avg
17.21
5Y Avg
17.21
| NAME | MARKET CAP | PRICE/OCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| BillionToOne, Inc. (BLLN) | $5.02B | 110.60 | 146.93 | N/A | N/A |
| Dianthus Therapeutics, Inc. (DNTH)vs › | $4.92B | N/A | N/A | N/A | N/A |
| Erasca, Inc. (ERAS)vs › | $5.11B | N/A | N/A | N/A | N/A |
| Scholar Rock Holding Corporation (SRRK)vs › | $5.20B | N/A | 27.45 | 27.45 | 27.45 |
| Merit Medical Systems, Inc. (MMSI)vs › | $5.20B | 18.36 | 16.87 | 25.21 | 27.56 |
| Definium Therapeutics, Inc. (DFTX)vs › | $4.81B | N/A | N/A | N/A | N/A |
| Adaptive Biotechnologies Corporation (ADPT)vs › | $4.78B | N/A | 17.21 | 17.21 | 17.21 |
| Cogent Biosciences, Inc. (COGT)vs › | $5.27B | N/A | N/A | N/A | N/A |
| Doximity, Inc. (DOCS)vs › | $5.35B | 17.45 | 20.94 | 34.29 | 45.54 |
| Heartflow, Inc. Common Stock (HTFL)vs › | $4.50B | N/A | N/A | N/A | N/A |
P/OCF Ratio
110.6
P/FCF Ratio
151.2
P/OCF measures market price relative to operating cash flow: market cap divided by TTM operating cash flow. OCF is cash from operations before capital expenditures, so it sits above free cash flow — P/OCF typically reads below P/FCF, with the widest gap for capex-heavy businesses.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PRICE/OCF RATIO |
|---|---|
| 2026-10-05 | 130.95 |
| 2026-10-02 | 127.15 |
| 2026-10-01 | 126.98 |
| 2026-09-30 | 127.80 |
| 2026-09-29 | 141.90 |
| 2026-09-28 | 146.15 |
| 2026-09-25 | 147.78 |
| 2026-09-24 | 149.96 |
| 2026-09-23 | 137.38 |
| 2026-09-22 | 139.36 |
| 2026-09-21 | 124.70 |
| 2026-09-18 | 127.18 |
| 2026-09-17 | 132.88 |
| 2026-09-16 | 124.40 |
| 2026-09-15 | 125.19 |
| 2026-09-14 | 121.05 |
| 2026-09-11 | 118.59 |
| 2026-09-10 | 118.28 |
| 2026-09-09 | 119.06 |
| 2026-09-08 | 118.94 |
| 2026-09-04 | 119.34 |
| 2026-09-03 | 119.47 |
| 2026-09-02 | 115.45 |
| 2026-09-01 | 110.85 |
| 2026-08-31 | 108.87 |
| 2026-08-28 | 111.95 |
| 2026-08-27 | 114.24 |
| 2026-08-26 | 115.53 |
| 2026-08-25 | 120.16 |
| 2026-08-24 | 116.15 |
| 2026-08-21 | 114.10 |
| 2026-08-20 | 114.39 |
| 2026-08-19 | 110.07 |
| 2026-08-18 | 105.65 |
| 2026-08-17 | 112.76 |
| 2026-08-14 | 112.06 |
| 2026-08-13 | 112.91 |
| 2026-08-12 | 117.01 |
| 2026-08-11 | 117.59 |
| 2026-08-10 | 118.45 |
| 2026-08-07 | 112.13 |
| 2026-08-06 | 110.04 |
| 2026-08-05 | 219.58 |
| 2026-08-04 | 208.27 |
| 2026-08-03 | 201.06 |
| 2026-07-31 | 202.93 |
| 2026-07-30 | 204.38 |
| 2026-07-29 | 194.03 |
| 2026-07-28 | 195.67 |
| 2026-07-27 | 187.38 |
| 2026-07-24 | 184.60 |
| 2026-07-23 | 188.79 |
| 2026-07-22 | 189.23 |
| 2026-07-21 | 194.04 |
| 2026-07-20 | 183.22 |
| 2026-07-17 | 190.79 |
| 2026-07-16 | 187.67 |
| 2026-07-15 | 190.16 |
| 2026-07-14 | 182.83 |
| 2026-07-13 | 180.46 |
| 2026-07-10 | 185.61 |
| 2026-07-09 | 187.37 |
| 2026-07-08 | 176.58 |
| 2026-07-07 | 172.83 |
| 2026-07-06 | 180.68 |
| 2026-07-02 | 176.21 |
| 2026-07-01 | 179.11 |
| 2026-06-30 | 175.67 |
| 2026-06-29 | 176.28 |
| 2026-06-26 | 173.02 |
| 2026-06-25 | 164.34 |
| 2026-06-24 | 157.75 |
| 2026-06-23 | 152.68 |
| 2026-06-22 | 147.47 |
| 2026-06-18 | 153.95 |
| 2026-06-17 | 145.51 |
| 2026-06-16 | 147.44 |
| 2026-06-15 | 152.20 |
| 2026-06-12 | 148.05 |
| 2026-06-11 | 145.90 |
| 2026-06-10 | 145.33 |
| 2026-06-09 | 149.91 |
| 2026-06-08 | 138.26 |
| 2026-06-05 | 142.30 |
| 2026-06-04 | 153.13 |
| 2026-06-03 | 144.01 |
| 2026-06-02 | 138.00 |
| 2026-06-01 | 133.41 |
| 2026-05-29 | 144.94 |
| 2026-05-28 | 143.19 |
| 2026-05-27 | 133.27 |
| 2026-05-26 | 123.69 |
| 2026-05-22 | 125.80 |
| 2026-05-21 | 126.14 |
| 2026-05-20 | 122.08 |
| 2026-05-19 | 120.48 |
| 2026-05-18 | 126.09 |
| 2026-05-15 | 120.98 |
| 2026-05-14 | 128.76 |
| 2026-05-13 | 132.64 |
| 2026-05-12 | 137.97 |
| 2026-05-11 | 155.11 |
| 2026-05-08 | 136.11 |
| 2026-05-07 | 136.02 |
| 2026-05-06 | 119.18 |
| 2026-05-05 | 116.99 |
| 2026-05-04 | 105.59 |
| 2026-05-01 | 113.46 |
| 2026-04-30 | 109.88 |
| 2026-04-29 | 107.92 |
| 2026-04-28 | 114.54 |
| 2026-04-27 | 119.71 |
| 2026-04-24 | 124.07 |
| 2026-04-23 | 122.89 |
| 2026-04-22 | 127.15 |
| 2026-04-21 | 130.31 |
| 2026-04-20 | 127.34 |
| 2026-04-17 | 116.30 |
| 2026-04-16 | 115.40 |
| 2026-04-15 | 118.02 |
| 2026-04-14 | 121.22 |
| 2026-04-13 | 115.23 |
| 2026-04-10 | 118.79 |
| 2026-04-09 | 120.79 |
| 2026-04-08 | 134.67 |
| 2026-04-07 | 129.50 |
| 2026-04-06 | 125.18 |
| 2026-04-02 | 116.19 |
| 2026-04-01 | 121.47 |
| 2026-03-31 | 154.44 |
| 2026-03-30 | 137.16 |
| 2026-03-27 | 136.07 |
| 2026-03-26 | 139.76 |
| 2026-03-25 | 150.64 |
| 2026-03-24 | 144.93 |
| 2026-03-23 | 155.71 |
| 2026-03-20 | 148.68 |
| 2026-03-19 | 144.77 |
| 2026-03-18 | 139.43 |
| 2026-03-17 | 136.48 |
| 2026-03-16 | 139.57 |
| 2026-03-13 | 135.21 |
| 2026-03-12 | 125.27 |
| 2026-03-11 | 131.78 |
| 2026-03-10 | 137.34 |
| 2026-03-09 | 141.07 |
| 2026-03-06 | 143.81 |
| 2026-03-05 | 141.19 |
| 2026-03-04 | 158.13 |
| 2026-03-03 | 162.65 |
| 2026-03-02 | 153.87 |
| 2026-02-27 | 149.33 |
| 2026-02-26 | 139.71 |
| 2026-02-25 | 136.97 |
| 2026-02-24 | 138.12 |
| 2026-02-23 | 141.06 |
| 2026-02-20 | 167.11 |
| 2026-02-19 | 176.90 |
| 2026-02-18 | 175.33 |
| 2026-02-17 | 182.30 |
| 2026-02-13 | 173.35 |
| 2026-02-12 | 175.47 |
| 2026-02-11 | 167.74 |
| 2026-02-10 | 179.87 |
| 2026-02-09 | 180.79 |
| 2026-02-06 | 177.27 |
| 2026-02-05 | 166.59 |
| 2026-02-04 | 163.38 |
| 2026-02-03 | 161.77 |
| 2026-02-02 | 163.48 |
| 2026-01-30 | 161.42 |
| 2026-01-29 | 158.88 |
| 2026-01-28 | 168.35 |
| 2026-01-27 | 167.39 |
| 2026-01-26 | 168.60 |
| 2026-01-23 | 171.32 |
| 2026-01-22 | 177.17 |
| 2026-01-21 | 164.55 |
| 2026-01-20 | 168.15 |
| 2026-01-16 | 173.59 |
| 2026-01-15 | 185.31 |
| 2026-01-14 | 184.62 |
| 2026-01-13 | 189.48 |
| 2026-01-12 | 193.98 |
| 2026-01-09 | 168.13 |
| 2026-01-08 | 171.36 |
| 2026-01-07 | 174.98 |
| 2026-01-06 | 185.62 |
| 2026-01-05 | 185.86 |
| 2026-01-02 | 174.69 |
| 2025-12-31 | 871.82 |
| 2025-12-30 | 906.45 |
| 2025-12-29 | 900.27 |
| 2025-12-26 | 951.29 |
| 2025-12-24 | 919.76 |
| 2025-12-23 | 927.64 |
| 2025-12-22 | 1025.76 |
| 2025-12-19 | 1092.98 |
| 2025-12-18 | 1017.34 |
| 2025-12-17 | 985.49 |
| 2025-12-16 | 979.63 |
| 2025-12-15 | 1029.48 |
| 2025-12-12 | 1086.48 |
| 2025-12-11 | 1038.01 |
| 2025-12-10 | 1104.69 |
| 2025-12-09 | 1166.80 |
| 2025-12-08 | 1114.92 |
| 2025-12-05 | 1189.28 |
| 2025-12-04 | 1108.10 |
| 2025-12-03 | 1094.68 |
| 2025-12-02 | 1224.22 |
| 2025-12-01 | 1204.19 |
| 2025-11-28 | 1386.78 |
| 2025-11-26 | 1361.96 |
| 2025-11-25 | 1383.80 |
| 2025-11-24 | 1277.48 |
| 2025-11-21 | 1171.81 |
| 2025-11-20 | 1019.26 |
| 2025-11-19 | 1037.47 |
| 2025-11-18 | 1057.82 |
| 2025-11-17 | 994.12 |
| 2025-11-14 | 958.75 |
| 2025-11-13 | 953.96 |
| 2025-11-12 | 1084.45 |
| 2025-11-11 | 1105.33 |
| 2025-11-10 | 1089.03 |
| 2025-11-07 | 1065.60 |
| 2025-11-06 | 1160.51 |
