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 22.54 is 41% below its estimated 5-year average of 38.49, near the low end of its estimated 5-year range (18.17–53.30).
As of 2026-10-02T19:45:18.256Z. 8.99% below its estimated 12-month average of 24.77.
Calculation as of: 2026-10-02T19:45:18.256Z.
Quote observation: 2026-10-02T19:45:07.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: ea211b9c34356b759233427378bf3c9105f55076904f3381021b326b607102e2
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 2026-10-01.
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
22.54
PRICE/OCF RATIO AVG TTM
24.77
PRICE/OCF RATIO AVG 3Y
36.92
PRICE/OCF RATIO AVG 5Y
38.49
PRICE/OCF RATIO AVG 10Y
32.23
PRICE/OCF RATIO AVG 15Y
28.51
PRICE/OCF RATIO AVG 20Y
26.73
CURRENT VS TTM AVG
-8.99%
CURRENT VS 3Y AVG
-38.95%
CURRENT VS 5Y AVG
-41.44%
CURRENT VS 10Y AVG
-30.05%
CURRENT VS 15Y AVG
-20.93%
CURRENT VS 20Y AVG
-15.68%
SECTOR MEDIAN · INDUSTRIALS
19.29
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
+16.88%
vs the sector median at left
Market Cap
$3.91B
Price/OCF Ratio
12.06
TTM Avg
19.28
3Y Avg
21.69
5Y Avg
29.13
Market Cap
$3.38B
Price/OCF Ratio
10.24
TTM Avg
13.65
3Y Avg
19.86
5Y Avg
22.42
Market Cap
$4.28B
Price/OCF Ratio
22.01
TTM Avg
16.50
3Y Avg
12.31
5Y Avg
12.95
| NAME | MARKET CAP | PRICE/OCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Badger Meter, Inc. (BMI) | $3.75B | 22.54 | 24.77 | 36.92 | 38.49 |
| Firefly Aerospace Inc. (FLY)vs › | $3.87B | N/A | N/A | N/A | N/A |
| SiteOne Landscape Supply, Inc. (SITE)vs › | $3.91B | 12.06 | 19.28 | 21.69 | 29.13 |
| Teekay Tankers Ltd. (TNK)vs › | $3.59B | 6.64 | 7.05 | 4.61 | 10.36 |
| Bright Horizons Family Solutions Inc. (BFAM)vs › | $3.38B | 10.24 | 13.65 | 19.86 | 22.42 |
| Exponent, Inc. (EXPO)vs › | $3.28B | 27.80 | 26.67 | 31.40 | 37.54 |
| Primoris Services Corporation (PRIM)vs › | $4.28B | 22.01 | 16.50 | 12.31 | 12.95 |
| KBR, Inc. (KBR)vs › | $4.30B | 10.72 | 10.12 | 15.95 | 18.53 |
| Atkore Inc. (ATKR)vs › | $3.20B | 26.66 | 11.33 | 7.92 | 7.58 |
| CECO Environmental Corp. (CECO)vs › | $4.37B | 371.23 | 236.07 | 80.29 | 57.20 |
P/OCF Ratio
22.5
P/FCF Ratio
25.0
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 |
|---|---|
| 2026-10-01 | 22.46 |
| 2026-09-30 | 21.61 |
| 2026-09-29 | 22.04 |
| 2026-09-28 | 22.13 |
| 2026-09-25 | 22.65 |
| 2026-09-24 | 22.85 |
| 2026-09-23 | 23.27 |
| 2026-09-22 | 23.14 |
| 2026-09-21 | 23.00 |
| 2026-09-18 | 23.22 |
| 2026-09-17 | 22.32 |
| 2026-09-16 | 22.30 |
| 2026-09-15 | 22.06 |
| 2026-09-14 | 22.25 |
| 2026-09-11 | 21.89 |
| 2026-09-10 | 21.87 |
| 2026-09-09 | 22.36 |
| 2026-09-08 | 22.50 |
| 2026-09-04 | 23.18 |
| 2026-09-03 | 23.79 |
| 2026-09-02 | 23.20 |
| 2026-09-01 | 23.14 |
| 2026-08-31 | 23.70 |
| 2026-08-28 | 23.72 |
| 2026-08-27 | 24.17 |
| 2026-08-26 | 23.99 |
| 2026-08-25 | 23.85 |
| 2026-08-24 | 23.76 |
| 2026-08-21 | 23.06 |
| 2026-08-20 | 22.41 |
| 2026-08-19 | 22.91 |
| 2026-08-18 | 22.02 |
| 2026-08-17 | 22.51 |
| 2026-08-14 | 22.88 |
| 2026-08-13 | 22.82 |
| 2026-08-12 | 23.58 |
| 2026-08-11 | 23.73 |
| 2026-08-10 | 23.87 |
| 2026-08-07 | 24.29 |
| 2026-08-06 | 24.00 |
| 2026-08-05 | 24.39 |
| 2026-08-04 | 24.54 |
| 2026-08-03 | 23.96 |
| 2026-07-31 | 23.50 |
| 2026-07-30 | 22.81 |
| 2026-07-29 | 23.36 |
| 2026-07-28 | 23.54 |
| 2026-07-27 | 22.39 |
| 2026-07-24 | 22.10 |
| 2026-07-23 | 19.60 |
| 2026-07-22 | 20.15 |
| 2026-07-21 | 23.21 |
| 2026-07-20 | 23.60 |
| 2026-07-17 | 23.78 |
| 2026-07-16 | 24.05 |
| 2026-07-15 | 22.94 |
| 2026-07-14 | 22.51 |
| 2026-07-13 | 22.29 |
| 2026-07-10 | 22.94 |
| 2026-07-09 | 23.07 |
| 2026-07-08 | 22.98 |
| 2026-07-07 | 23.40 |
| 2026-07-06 | 23.83 |
| 2026-07-02 | 23.21 |
| 2026-07-01 | 23.27 |
| 2026-06-30 | 23.61 |
| 2026-06-29 | 22.06 |
| 2026-06-26 | 22.41 |
| 2026-06-25 | 22.42 |
| 2026-06-24 | 21.25 |
| 2026-06-23 | 20.34 |
| 2026-06-22 | 21.45 |
| 2026-06-18 | 21.56 |
| 2026-06-17 | 21.42 |
| 2026-06-16 | 21.54 |
| 2026-06-15 | 21.38 |
| 2026-06-12 | 20.96 |
| 2026-06-11 | 20.77 |
| 2026-06-10 | 20.43 |
| 2026-06-09 | 20.77 |
| 2026-06-08 | 20.74 |
| 2026-06-05 | 20.13 |
| 2026-06-04 | 20.36 |
| 2026-06-03 | 20.65 |
| 2026-06-02 | 19.99 |
| 2026-06-01 | 19.50 |
| 2026-05-29 | 19.71 |
| 2026-05-28 | 19.85 |
| 2026-05-27 | 19.97 |
| 2026-05-26 | 20.24 |
| 2026-05-22 | 20.02 |
| 2026-05-21 | 19.13 |
| 2026-05-20 | 18.78 |
| 2026-05-19 | 18.96 |
| 2026-05-18 | 18.93 |
| 2026-05-15 | 18.17 |
| 2026-05-14 | 18.70 |
| 2026-05-13 | 18.47 |
| 2026-05-12 | 18.30 |
| 2026-05-11 | 18.56 |
| 2026-05-08 | 18.86 |
| 2026-05-07 | 19.50 |
| 2026-05-06 | 19.69 |
| 2026-05-05 | 19.27 |
| 2026-05-04 | 19.10 |
| 2026-05-01 | 19.41 |
| 2026-04-30 | 19.24 |
| 2026-04-29 | 18.75 |
| 2026-04-28 | 18.84 |
| 2026-04-27 | 19.56 |
| 2026-04-24 | 19.38 |
| 2026-04-23 | 19.57 |
| 2026-04-22 | 19.66 |
| 2026-04-21 | 19.23 |
| 2026-04-20 | 18.24 |
| 2026-04-17 | 18.58 |
| 2026-04-16 | 24.49 |
| 2026-04-15 | 25.25 |
| 2026-04-14 | 25.95 |
| 2026-04-13 | 25.89 |
| 2026-04-10 | 24.96 |
| 2026-04-09 | 24.99 |
| 2026-04-08 | 24.81 |
| 2026-04-07 | 24.43 |
| 2026-04-06 | 25.00 |
| 2026-04-02 | 25.21 |
| 2026-04-01 | 24.80 |
| 2026-03-31 | 24.50 |
| 2026-03-30 | 23.82 |
| 2026-03-27 | 23.45 |
| 2026-03-26 | 24.31 |
| 2026-03-25 | 24.67 |
| 2026-03-24 | 24.23 |
| 2026-03-23 | 24.74 |
| 2026-03-20 | 23.79 |
| 2026-03-19 | 23.87 |
| 2026-03-18 | 23.78 |
| 2026-03-17 | 24.12 |
| 2026-03-16 | 24.42 |
| 2026-03-13 | 23.58 |
| 2026-03-12 | 23.21 |
| 2026-03-11 | 23.62 |
| 2026-03-10 | 23.67 |
| 2026-03-09 | 24.05 |
| 2026-03-06 | 23.94 |
| 2026-03-05 | 23.48 |
| 2026-03-04 | 23.98 |
| 2026-03-03 | 23.92 |
| 2026-03-02 | 24.48 |
| 2026-02-27 | 24.51 |
| 2026-02-26 | 25.12 |
| 2026-02-25 | 25.05 |
| 2026-02-24 | 25.46 |
| 2026-02-23 | 25.12 |
| 2026-02-20 | 25.63 |
| 2026-02-19 | 26.04 |
| 2026-02-18 | 25.44 |
| 2026-02-17 | 26.02 |
| 2026-02-13 | 25.32 |
| 2026-02-12 | 25.90 |
| 2026-02-11 | 25.65 |
| 2026-02-10 | 25.02 |
| 2026-02-09 | 24.62 |
| 2026-02-06 | 24.72 |
| 2026-02-05 | 23.85 |
| 2026-02-04 | 23.92 |
| 2026-02-03 | 24.10 |
| 2026-02-02 | 24.82 |
| 2026-01-30 | 23.96 |
| 2026-01-29 | 23.61 |
| 2026-01-28 | 23.92 |
| 2026-01-27 | 26.88 |
| 2026-01-26 | 28.38 |
| 2026-01-23 | 27.71 |
| 2026-01-22 | 28.14 |
| 2026-01-21 | 27.81 |
| 2026-01-20 | 27.10 |
| 2026-01-16 | 28.07 |
| 2026-01-15 | 27.88 |
| 2026-01-14 | 27.95 |
| 2026-01-13 | 28.09 |
| 2026-01-12 | 28.06 |
| 2026-01-09 | 28.54 |
| 2026-01-08 | 28.46 |
| 2026-01-07 | 27.25 |
| 2026-01-06 | 29.72 |
| 2026-01-05 | 28.94 |
| 2026-01-02 | 28.84 |
| 2025-12-31 | 28.51 |
| 2025-12-30 | 29.14 |
| 2025-12-29 | 29.38 |
| 2025-12-26 | 29.55 |
| 2025-12-24 | 29.84 |
| 2025-12-23 | 29.63 |
| 2025-12-22 | 29.94 |
| 2025-12-19 | 29.69 |
| 2025-12-18 | 29.86 |
| 2025-12-17 | 29.57 |
| 2025-12-16 | 30.09 |
| 2025-12-15 | 30.00 |
| 2025-12-12 | 30.21 |
| 2025-12-11 | 29.81 |
| 2025-12-10 | 29.01 |
| 2025-12-09 | 28.77 |
| 2025-12-08 | 29.00 |
| 2025-12-05 | 29.45 |
| 2025-12-04 | 29.07 |
| 2025-12-03 | 29.15 |
| 2025-12-02 | 28.54 |
| 2025-12-01 | 28.33 |
| 2025-11-28 | 29.19 |
| 2025-11-26 | 28.92 |
| 2025-11-25 | 29.85 |
| 2025-11-24 | 29.07 |
| 2025-11-21 | 29.01 |
| 2025-11-20 | 27.49 |
| 2025-11-19 | 27.64 |
| 2025-11-18 | 28.12 |
| 2025-11-17 | 28.54 |
| 2025-11-14 | 28.76 |
| 2025-11-13 | 29.07 |
| 2025-11-12 | 30.38 |
| 2025-11-11 | 30.33 |
| 2025-11-10 | 30.65 |
| 2025-11-07 | 30.71 |
| 2025-11-06 | 30.53 |
| 2025-11-05 | 30.44 |
| 2025-11-04 | 29.93 |
| 2025-11-03 | 29.74 |
| 2025-10-31 | 29.50 |
| 2025-10-30 | 29.61 |
| 2025-10-29 | 29.92 |
| 2025-10-28 | 30.32 |
| 2025-10-27 | 29.94 |
| 2025-10-24 | 30.62 |
| 2025-10-23 | 30.51 |
| 2025-10-22 | 30.90 |
| 2025-10-21 | 30.01 |
| 2025-10-20 | 31.71 |
| 2025-10-17 | 30.45 |
| 2025-10-16 | 30.10 |
| 2025-10-15 | 30.50 |
| 2025-10-14 | 30.29 |
| 2025-10-13 | 29.99 |
| 2025-10-10 | 29.26 |
| 2025-10-09 | 29.38 |
| 2025-10-08 | 30.33 |
| 2025-10-07 | 30.27 |
| 2025-10-06 | 30.62 |
| 2025-10-03 | 30.63 |
| 2025-10-02 | 30.42 |
| 2025-10-01 | 29.90 |
| 2025-09-30 | 30.22 |
| 2025-09-29 | 29.96 |
| 2025-09-26 | 29.85 |
| 2025-09-25 | 29.61 |
| 2025-09-24 | 29.16 |
| 2025-09-23 | 29.69 |
| 2025-09-22 | 29.99 |
| 2025-09-19 | 29.97 |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.
