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 21.52x is 442% above its estimated 5-year average of 3.97x, around the middle of its estimated 5-year range (0.93x–69.19x).
As of 2026-09-16T22:35:19.147Z. 15.99% above its estimated 12-month average of 18.55x.
Calculation as of: 2026-09-16T22:35:19.147Z.
Quote observation: 2026-09-16T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 2d2bf500510ca980e9ba025b0130a147eff4ec22aa67c9ab29b2a87d8d69474d
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
21.52x
EV/FCF RATIO AVG TTM
18.55x
EV/FCF RATIO AVG 3Y
5.20x
EV/FCF RATIO AVG 5Y
3.97x
EV/FCF RATIO AVG 10Y
N/A
EV/FCF RATIO AVG 15Y
N/A
EV/FCF RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+15.99%
CURRENT VS 3Y AVG
+313.49%
CURRENT VS 5Y AVG
+441.80%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
25.31x
median of 80 covered companies
CURRENT VS SECTOR MEDIAN
-14.99%
vs the sector median at left
Market Cap
$25.29B
EV/FCF Ratio
11.11x
TTM Avg
13.61x
3Y Avg
96.06x
5Y Avg
64.99x
Market Cap
$25.48B
EV/FCF Ratio
58.03x
TTM Avg
49.75x
3Y Avg
58.27x
5Y Avg
62.79x
Market Cap
$26.61B
EV/FCF Ratio
28.77x
TTM Avg
22.63x
3Y Avg
25.77x
5Y Avg
21.09x
Market Cap
$21.16B
EV/FCF Ratio
17.71x
TTM Avg
21.23x
3Y Avg
17.48x
5Y Avg
17.31x
Market Cap
$27.27B
EV/FCF Ratio
27.07x
TTM Avg
21.54x
3Y Avg
24.00x
5Y Avg
20.31x
Market Cap
$27.86B
EV/FCF Ratio
34.63x
TTM Avg
34.44x
3Y Avg
33.39x
5Y Avg
37.69x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| BioNTech SE (BNTX) | $24.07B | 21.52x | 18.55x | 5.20x | 3.97x |
| Incyte Corporation (INCY)vs › | $25.29B | 11.11x | 13.61x | 96.06x | 64.99x |
| West Pharmaceutical Services, Inc. (WST)vs › | $25.48B | 58.03x | 49.75x | 58.27x | 62.79x |
| Labcorp Holdings Inc. (LH)vs › | $26.61B | 28.77x | 22.63x | 25.77x | 21.09x |
| United Therapeutics Corporation (UTHR)vs › | $21.16B | 17.71x | 21.23x | 17.48x | 17.31x |
| Quest Diagnostics Incorporated (DGX)vs › | $27.27B | 27.07x | 21.54x | 24.00x | 20.31x |
| STERIS plc (STE)vs › | $20.46B | 23.79x | 26.53x | 35.15x | 44.64x |
| Mettler-Toledo International Inc. (MTD)vs › | $27.86B | 34.63x | 34.44x | 33.39x | 37.69x |
| Medline Inc. (MDLN)vs › | $27.90B | 28.47x | 25.69x | 25.69x | 25.69x |
| Viatris Inc. (VTRS)vs › | $19.82B | 17.38x | 17.29x | 15.43x | 15.08x |
EV/FCF
21.5x
P/FCF
38.9x
FCF Yield
2.57%
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 | 22.22x |
| 2026-09-10 | 22.08x |
| 2026-09-09 | 22.79x |
| 2026-09-08 | 23.01x |
| 2026-09-04 | 25.10x |
| 2026-09-03 | 24.74x |
| 2026-09-02 | 25.12x |
| 2026-09-01 | 24.35x |
| 2026-08-31 | 24.22x |
| 2026-08-28 | 24.41x |
| 2026-08-27 | 28.22x |
| 2026-08-26 | 28.70x |
| 2026-08-25 | 29.31x |
| 2026-08-24 | 28.81x |
| 2026-08-21 | 30.34x |
| 2026-08-20 | 28.02x |
| 2026-08-19 | 28.93x |
| 2026-08-18 | 20.59x |
| 2026-08-17 | 20.12x |
| 2026-08-14 | 20.73x |
| 2026-08-13 | 20.33x |
| 2026-08-12 | 20.58x |
| 2026-08-11 | 20.61x |
| 2026-08-10 | 20.61x |
| 2026-08-07 | 20.96x |
| 2026-08-06 | 19.95x |
| 2026-08-05 | 20.35x |
| 2026-08-04 | 8.00x |
| 2026-08-03 | 8.15x |
| 2026-07-31 | 7.87x |
| 2026-07-30 | 8.25x |
| 2026-07-29 | 8.27x |
| 2026-07-28 | 8.18x |
| 2026-07-27 | 7.95x |
| 2026-07-24 | 7.66x |
| 2026-07-23 | 8.12x |
| 2026-07-22 | 8.08x |
| 2026-07-21 | 8.16x |
| 2026-07-20 | 8.13x |
| 2026-07-17 | 8.02x |
| 2026-07-16 | 8.03x |
| 2026-07-15 | 8.11x |
| 2026-07-14 | 7.84x |
| 2026-07-13 | 7.78x |
| 2026-07-10 | 8.02x |
| 2026-07-09 | 8.27x |
| 2026-07-08 | 8.37x |
| 2026-07-07 | 8.49x |
| 2026-07-06 | 8.43x |
| 2026-07-02 | 9.05x |
| 2026-07-01 | 8.43x |
| 2026-06-30 | 8.29x |
| 2026-06-29 | 8.49x |
| 2026-06-26 | 7.98x |
| 2026-06-25 | 7.77x |
| 2026-06-24 | 7.80x |
| 2026-06-23 | 7.87x |
| 2026-06-22 | 7.80x |
| 2026-06-18 | 7.92x |
| 2026-06-17 | 8.14x |
| 2026-06-16 | 7.68x |
| 2026-06-15 | 7.90x |
| 2026-06-12 | 7.86x |
| 2026-06-11 | 7.69x |
| 2026-06-10 | 7.12x |
| 2026-06-09 | 7.18x |
| 2026-06-08 | 7.01x |
| 2026-06-05 | 7.44x |
| 2026-06-04 | 7.70x |
| 2026-06-03 | 7.51x |
| 2026-06-02 | 7.62x |
| 2026-06-01 | 8.06x |
| 2026-05-29 | 8.78x |
| 2026-05-28 | 8.35x |
| 2026-05-27 | 8.28x |
| 2026-05-26 | 8.15x |
| 2026-05-22 | 8.13x |
| 2026-05-21 | 7.93x |
| 2026-05-20 | 7.83x |
| 2026-05-19 | 7.40x |
| 2026-05-18 | 7.57x |
| 2026-05-15 | 7.69x |
| 2026-05-14 | 8.11x |
| 2026-05-13 | 8.15x |
| 2026-05-12 | 8.39x |
| 2026-05-11 | 8.33x |
| 2026-05-08 | 8.47x |
| 2026-05-07 | 8.28x |
| 2026-05-06 | 8.66x |
| 2026-05-05 | 31.72x |
| 2026-05-04 | 33.75x |
| 2026-05-01 | 32.80x |
| 2026-04-30 | 35.92x |
| 2026-04-29 | 34.93x |
| 2026-04-28 | 35.19x |
| 2026-04-27 | 35.19x |
| 2026-04-24 | 36.98x |
| 2026-04-23 | 37.04x |
| 2026-04-22 | 38.64x |
| 2026-04-21 | 40.23x |
| 2026-04-20 | 36.84x |
| 2026-04-17 | 35.64x |
| 2026-04-16 | 35.22x |
| 2026-04-15 | 33.82x |
| 2026-04-14 | 33.26x |
| 2026-04-13 | 32.35x |
| 2026-04-10 | 31.72x |
| 2026-04-09 | 29.86x |
| 2026-04-08 | 29.91x |
| 2026-04-07 | 28.61x |
| 2026-04-06 | 29.49x |
| 2026-04-02 | 29.44x |
| 2026-04-01 | 28.51x |
| 2026-03-31 | 28.22x |
| 2026-03-30 | 26.30x |
| 2026-03-27 | 26.53x |
| 2026-03-26 | 27.47x |
| 2026-03-25 | 28.16x |
| 2026-03-24 | 27.13x |
| 2026-03-23 | 27.97x |
| 2026-03-20 | 28.43x |
| 2026-03-19 | 28.45x |
| 2026-03-18 | 28.81x |
| 2026-03-17 | 31.38x |
| 2026-03-16 | 29.10x |
| 2026-03-13 | 29.44x |
| 2026-03-12 | 28.87x |
| 2026-03-11 | 29.26x |
| 2024-12-31 | 11.00x |
| 2024-12-30 | 10.79x |
| 2024-12-27 | 11.00x |
| 2024-12-26 | 10.97x |
| 2024-12-24 | 11.03x |
| 2024-12-23 | 10.93x |
| 2024-12-20 | 10.87x |
| 2024-12-19 | 10.60x |
| 2024-12-18 | 10.64x |
| 2024-12-17 | 11.53x |
| 2024-12-16 | 11.04x |
| 2024-12-13 | 11.99x |
| 2024-12-12 | 12.04x |
| 2024-12-11 | 11.83x |
| 2024-12-10 | 11.45x |
| 2024-12-09 | 12.06x |
| 2024-12-06 | 12.20x |
| 2024-12-05 | 11.75x |
| 2024-12-04 | 11.12x |
| 2024-12-03 | 11.25x |
| 2024-12-02 | 11.50x |
| 2024-11-29 | 11.69x |
| 2024-11-27 | 12.04x |
| 2024-11-26 | 11.71x |
| 2024-11-25 | 12.05x |
| 2024-11-22 | 10.87x |
| 2024-11-21 | 10.12x |
| 2024-11-20 | 9.18x |
| 2024-11-19 | 9.83x |
| 2024-11-18 | 9.13x |
| 2024-11-15 | 8.80x |
| 2024-11-14 | 9.40x |
| 2024-11-13 | 10.62x |
| 2024-11-12 | 9.82x |
| 2024-11-11 | 10.19x |
| 2024-11-08 | 10.49x |
| 2024-11-07 | 10.06x |
| 2024-11-06 | 9.87x |
| 2024-11-05 | 10.54x |
| 2024-11-04 | 10.23x |
| 2024-11-01 | 10.62x |
| 2024-10-31 | 10.87x |
| 2024-10-30 | 11.00x |
| 2024-10-29 | 11.01x |
| 2024-10-28 | 10.89x |
| 2024-10-25 | 10.46x |
| 2024-10-24 | 10.66x |
| 2024-10-23 | 10.54x |
| 2024-10-22 | 10.53x |
| 2024-10-21 | 10.63x |
| 2024-10-18 | 10.66x |
| 2024-10-17 | 11.08x |
| 2024-10-16 | 11.58x |
| 2024-10-15 | 11.55x |
| 2024-10-14 | 11.96x |
| 2024-10-11 | 12.01x |
| 2024-10-10 | 11.68x |
| 2024-10-09 | 11.54x |
| 2024-10-08 | 11.98x |
| 2024-10-07 | 12.17x |
| 2024-10-04 | 12.35x |
| 2024-10-03 | 11.90x |
| 2024-10-02 | 11.78x |
| 2024-10-01 | 11.92x |
| 2024-09-30 | 5.52x |
| 2024-09-27 | 5.48x |
| 2024-09-26 | 5.44x |
| 2024-09-25 | 5.30x |
| 2024-09-24 | 5.50x |
| 2024-09-23 | 5.09x |
| 2024-09-20 | 5.03x |
| 2024-09-19 | 5.05x |
| 2024-09-18 | 5.29x |
| 2024-09-17 | 5.97x |
| 2024-09-16 | 5.88x |
| 2024-09-13 | 5.87x |
| 2024-09-12 | 4.48x |
| 2024-09-11 | 4.05x |
| 2024-09-10 | 4.15x |
| 2024-09-09 | 4.15x |
| 2024-09-06 | 3.35x |
| 2024-09-05 | 3.36x |
| 2024-09-04 | 3.28x |
| 2024-09-03 | 3.20x |
| 2024-08-30 | 3.22x |
| 2024-08-29 | 3.17x |
| 2024-08-28 | 3.22x |
| 2024-08-27 | 3.13x |
| 2024-08-26 | 3.16x |
| 2024-08-23 | 3.21x |
| 2024-08-22 | 3.14x |
| 2024-08-21 | 3.28x |
| 2024-08-20 | 3.24x |
| 2024-08-19 | 3.35x |
| 2024-08-16 | 2.99x |
| 2024-08-15 | 3.14x |
| 2024-08-14 | 2.96x |
| 2024-08-13 | 2.81x |
| 2024-08-12 | 2.64x |
| 2024-08-09 | 2.66x |
| 2024-08-08 | 2.64x |
| 2024-08-07 | 2.54x |
| 2024-08-06 | 2.56x |
| 2024-08-05 | 2.47x |
| 2024-08-02 | 2.75x |
| 2024-08-01 | 2.65x |
| 2024-07-31 | 3.06x |
| 2024-07-30 | 3.11x |
| 2024-07-29 | 3.10x |
| 2024-07-26 | 3.04x |
| 2024-07-25 | 2.95x |
| 2024-07-24 | 2.83x |
| 2024-07-23 | 3.01x |
| 2024-07-22 | 3.06x |
| 2024-07-19 | 3.01x |
| 2024-07-18 | 3.08x |
| 2024-07-17 | 3.09x |
| 2024-07-16 | 3.11x |
| 2024-07-15 | 2.92x |
| 2024-07-12 | 2.97x |
| 2024-07-11 | 2.95x |
| 2024-07-10 | 2.69x |
| 2024-07-09 | 2.64x |
| 2024-07-08 | 2.63x |
| 2024-07-05 | 2.60x |
| 2024-07-03 | 2.59x |
| 2024-07-02 | 2.50x |
| 2024-07-01 | 2.51x |
| 2024-06-28 | 1.68x |
| 2024-06-27 | 1.69x |
| 2024-06-26 | 1.77x |
| 2024-06-25 | 1.85x |
Showing the most recent 260 of 945 data points. The chart above shows the full history.