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 12.86x is 12% above its estimated 5-year average of 11.43x, near the low end of its estimated 5-year range (4.78x–48.00x).
As of 2026-09-17T19:50:26.475Z. 7.09% above its estimated 12-month average of 12.01x.
Calculation as of: 2026-09-17T19:50:26.475Z.
Quote observation: 2026-09-17T19:50:04.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 54bacd10f0491fd3a297ad2bd382e527969baf22037c4b97538d42d095a16556
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
12.86x
EV/FCF RATIO AVG TTM
12.01x
EV/FCF RATIO AVG 3Y
12.63x
EV/FCF RATIO AVG 5Y
11.43x
EV/FCF RATIO AVG 10Y
11.55x
EV/FCF RATIO AVG 15Y
12.31x
EV/FCF RATIO AVG 20Y
12.54x
CURRENT VS TTM AVG
+7.09%
CURRENT VS 3Y AVG
+1.80%
CURRENT VS 5Y AVG
+12.48%
CURRENT VS 10Y AVG
+11.32%
CURRENT VS 15Y AVG
+4.47%
CURRENT VS 20Y AVG
+2.53%
SECTOR MEDIAN · HEALTHCARE
25.37x
median of 80 covered companies
CURRENT VS SECTOR MEDIAN
-49.31%
vs the sector median at left
Cardinal Health, Inc.
Market Cap
$53.11B
EV/FCF Ratio
12.86x
TTM Avg
12.01x
3Y Avg
12.63x
5Y Avg
11.43x
Market Cap
$50.77B
EV/FCF Ratio
33.88x
TTM Avg
41.58x
3Y Avg
97.35x
5Y Avg
75.74x
Market Cap
$50.04B
EV/FCF Ratio
25.38x
TTM Avg
22.97x
3Y Avg
25.07x
5Y Avg
30.99x
Market Cap
$45.56B
EV/FCF Ratio
43.61x
TTM Avg
53.75x
3Y Avg
45.46x
5Y Avg
67.96x
Market Cap
$44.40B
EV/FCF Ratio
28.98x
TTM Avg
19.59x
3Y Avg
26.06x
5Y Avg
27.40x
Market Cap
$44.26B
EV/FCF Ratio
37.16x
TTM Avg
35.13x
3Y Avg
30.16x
5Y Avg
33.11x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cardinal Health, Inc. (CAH) | $53.11B | 12.86x | 12.01x | 12.63x | 11.43x |
| Edwards Lifesciences Corporation (EW)vs › | $50.77B | 33.88x | 41.58x | 97.35x | 75.74x |
| Becton, Dickinson and Company (BDX)vs › | $50.04B | 25.38x | 22.97x | 25.07x | 30.99x |
| Humana Inc. (HUM)vs › | $46.02B | N/A | 37.20x | 23.83x | 32.41x |
| Cencora, Inc. (COR)vs › | $60.22B | 17.03x | 34.62x | 24.14x | 20.52x |
| Teva Pharmaceutical Industries Limited (TEVA)vs › | $45.56B | 43.61x | 53.75x | 45.46x | 67.96x |
| IQVIA Holdings Inc. (IQV)vs › | $44.40B | 28.98x | 19.59x | 26.06x | 27.40x |
| Agilent Technologies, Inc. (A)vs › | $44.26B | 37.16x | 35.13x | 30.16x | 33.11x |
| Moderna, Inc. (MRNA)vs › | $62.66B | N/A | 26.83x | 26.30x | 26.30x |
| Boston Scientific Corporation (BSX)vs › | $64.59B | 21.15x | 33.43x | 55.19x | 65.10x |
EV/FCF
12.9x
P/FCF
11.7x
FCF Yield
8.52%
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 | 13.41x |
| 2026-09-10 | 13.49x |
| 2026-09-09 | 13.70x |
| 2026-09-08 | 13.72x |
| 2026-09-04 | 14.07x |
| 2026-09-03 | 14.15x |
| 2026-09-02 | 13.98x |
| 2026-09-01 | 13.66x |
| 2026-08-31 | 13.41x |
| 2026-08-28 | 13.41x |
| 2026-08-27 | 13.44x |
| 2026-08-26 | 13.61x |
| 2026-08-25 | 13.59x |
| 2026-08-24 | 13.30x |
| 2026-08-21 | 13.15x |
| 2026-08-20 | 13.09x |
| 2026-08-19 | 13.43x |
| 2026-08-18 | 13.43x |
| 2026-08-17 | 13.47x |
| 2026-08-14 | 13.44x |
| 2026-08-13 | 13.24x |
| 2026-08-12 | 13.39x |
| 2026-08-11 | 14.04x |
| 2026-08-10 | 13.88x |
| 2026-08-07 | 13.84x |
| 2026-08-06 | 13.90x |
| 2026-08-05 | 13.99x |
| 2026-08-04 | 13.68x |
| 2026-08-03 | 13.79x |
| 2026-07-31 | 13.49x |
| 2026-07-30 | 13.34x |
| 2026-07-29 | 13.45x |
| 2026-07-28 | 13.63x |
| 2026-07-27 | 13.46x |
| 2026-07-24 | 13.39x |
| 2026-07-23 | 13.28x |
| 2026-07-22 | 12.98x |
| 2026-07-21 | 13.34x |
| 2026-07-20 | 13.26x |
| 2026-07-17 | 13.41x |
| 2026-07-16 | 13.42x |
| 2026-07-15 | 13.22x |
| 2026-07-14 | 13.50x |
| 2026-07-13 | 13.69x |
| 2026-07-10 | 13.80x |
| 2026-07-09 | 13.70x |
| 2026-07-08 | 13.88x |
| 2026-07-07 | 14.01x |
| 2026-07-06 | 13.90x |
| 2026-07-02 | 13.97x |
| 2026-07-01 | 13.91x |
| 2026-06-30 | 13.90x |
| 2026-06-29 | 13.83x |
| 2026-06-26 | 13.92x |
| 2026-06-25 | 13.75x |
| 2026-06-24 | 13.65x |
| 2026-06-23 | 13.43x |
| 2026-06-22 | 13.10x |
| 2026-06-18 | 13.05x |
| 2026-06-17 | 13.29x |
| 2026-06-16 | 13.37x |
| 2026-06-15 | 13.30x |
| 2026-06-12 | 13.16x |
| 2026-06-11 | 13.02x |
| 2026-06-10 | 12.76x |
| 2026-06-09 | 12.56x |
| 2026-06-08 | 12.12x |
| 2026-06-05 | 12.19x |
| 2026-06-04 | 11.97x |
| 2026-06-03 | 11.66x |
| 2026-06-02 | 11.61x |
| 2026-06-01 | 11.62x |
| 2026-05-29 | 11.71x |
| 2026-05-28 | 11.87x |
| 2026-05-27 | 11.87x |
| 2026-05-26 | 11.90x |
| 2026-05-22 | 11.92x |
| 2026-05-21 | 11.91x |
| 2026-05-20 | 11.84x |
| 2026-05-19 | 11.90x |
| 2026-05-18 | 11.87x |
| 2026-05-15 | 11.62x |
| 2026-05-14 | 11.58x |
| 2026-05-13 | 11.15x |
| 2026-05-12 | 10.94x |
| 2026-05-11 | 10.94x |
| 2026-05-08 | 11.00x |
| 2026-05-07 | 11.09x |
| 2026-05-06 | 11.42x |
| 2026-05-05 | 11.72x |
| 2026-05-04 | 11.72x |
| 2026-05-01 | 11.62x |
| 2026-04-30 | 9.44x |
| 2026-04-29 | 9.87x |
| 2026-04-28 | 9.99x |
| 2026-04-27 | 9.84x |
| 2026-04-24 | 9.74x |
| 2026-04-23 | 9.95x |
| 2026-04-22 | 9.77x |
| 2026-04-21 | 9.96x |
| 2026-04-20 | 10.23x |
| 2026-04-17 | 10.35x |
| 2026-04-16 | 10.31x |
| 2026-04-15 | 10.25x |
| 2026-04-14 | 10.39x |
| 2026-04-13 | 10.35x |
| 2026-04-10 | 10.41x |
| 2026-04-09 | 10.42x |
| 2026-04-08 | 10.40x |
| 2026-04-07 | 10.29x |
| 2026-04-06 | 10.29x |
| 2026-04-02 | 10.35x |
| 2026-04-01 | 10.26x |
| 2026-03-31 | 10.23x |
| 2026-03-30 | 10.02x |
| 2026-03-27 | 10.03x |
| 2026-03-26 | 10.08x |
| 2026-03-25 | 10.23x |
| 2026-03-24 | 10.06x |
| 2026-03-23 | 10.02x |
| 2026-03-20 | 10.08x |
| 2026-03-19 | 10.21x |
| 2026-03-18 | 10.25x |
| 2026-03-17 | 10.45x |
| 2026-03-16 | 10.50x |
| 2026-03-13 | 10.48x |
| 2026-03-12 | 10.57x |
| 2026-03-11 | 10.41x |
| 2026-03-10 | 10.48x |
| 2026-03-09 | 10.70x |
| 2026-03-06 | 10.51x |
| 2026-03-05 | 10.43x |
| 2026-03-04 | 10.74x |
| 2026-03-03 | 10.88x |
| 2026-03-02 | 11.03x |
| 2026-02-27 | 11.00x |
| 2026-02-26 | 10.91x |
| 2026-02-25 | 10.87x |
| 2026-02-24 | 10.86x |
| 2026-02-23 | 10.81x |
| 2026-02-20 | 10.80x |
| 2026-02-19 | 10.72x |
| 2026-02-18 | 10.82x |
| 2026-02-17 | 10.84x |
| 2026-02-13 | 10.64x |
| 2026-02-12 | 10.39x |
| 2026-02-11 | 10.79x |
| 2026-02-10 | 10.62x |
| 2026-02-09 | 10.85x |
| 2026-02-06 | 10.88x |
| 2026-02-05 | 13.19x |
| 2026-02-04 | 12.10x |
| 2026-02-03 | 12.70x |
| 2026-02-02 | 12.75x |
| 2026-01-30 | 12.53x |
| 2026-01-29 | 12.34x |
| 2026-01-28 | 12.29x |
| 2026-01-27 | 12.49x |
| 2026-01-26 | 12.32x |
| 2026-01-23 | 12.18x |
| 2026-01-22 | 12.10x |
| 2026-01-21 | 12.19x |
| 2026-01-20 | 12.29x |
| 2026-01-16 | 12.40x |
| 2026-01-15 | 12.46x |
| 2026-01-14 | 12.46x |
| 2026-01-13 | 12.18x |
| 2026-01-12 | 11.87x |
| 2026-01-09 | 11.79x |
| 2026-01-08 | 11.87x |
| 2026-01-07 | 12.12x |
| 2026-01-06 | 12.19x |
| 2026-01-05 | 12.03x |
| 2026-01-02 | 12.04x |
| 2025-12-31 | 12.03x |
| 2025-12-30 | 12.12x |
| 2025-12-29 | 12.13x |
| 2025-12-26 | 12.18x |
| 2025-12-24 | 12.14x |
| 2025-12-23 | 12.13x |
| 2025-12-22 | 12.01x |
| 2025-12-19 | 11.89x |
| 2025-12-18 | 11.69x |
| 2025-12-17 | 11.65x |
| 2025-12-16 | 11.62x |
| 2025-12-15 | 11.73x |
| 2025-12-12 | 11.64x |
| 2025-12-11 | 11.64x |
| 2025-12-10 | 11.64x |
| 2025-12-09 | 11.63x |
| 2025-12-08 | 11.67x |
| 2025-12-05 | 11.67x |
| 2025-12-04 | 11.69x |
| 2025-12-03 | 11.72x |
| 2025-12-02 | 12.01x |
| 2025-12-01 | 12.16x |
| 2025-11-28 | 12.39x |
| 2025-11-26 | 12.44x |
| 2025-11-25 | 12.47x |
| 2025-11-24 | 12.34x |
| 2025-11-21 | 12.24x |
| 2025-11-20 | 12.16x |
| 2025-11-19 | 12.14x |
| 2025-11-18 | 12.11x |
| 2025-11-17 | 12.07x |
| 2025-11-14 | 12.02x |
| 2025-11-13 | 12.06x |
| 2025-11-12 | 11.97x |
| 2025-11-11 | 11.99x |
| 2025-11-10 | 12.03x |
| 2025-11-07 | 11.93x |
| 2025-11-06 | 11.63x |
| 2025-11-05 | 11.56x |
| 2025-11-04 | 11.48x |
| 2025-11-03 | 11.21x |
| 2025-10-31 | 11.24x |
| 2025-10-30 | 27.59x |
| 2025-10-29 | 24.29x |
| 2025-10-28 | 24.08x |
| 2025-10-27 | 24.21x |
| 2025-10-24 | 23.96x |
| 2025-10-23 | 23.61x |
| 2025-10-22 | 23.65x |
| 2025-10-21 | 23.54x |
| 2025-10-20 | 23.36x |
| 2025-10-17 | 23.25x |
| 2025-10-16 | 22.84x |
| 2025-10-15 | 23.15x |
| 2025-10-14 | 22.96x |
| 2025-10-13 | 22.98x |
| 2025-10-10 | 23.31x |
| 2025-10-09 | 23.35x |
| 2025-10-08 | 23.42x |
| 2025-10-07 | 23.28x |
| 2025-10-06 | 23.09x |
| 2025-10-03 | 23.00x |
| 2025-10-02 | 23.51x |
| 2025-10-01 | 23.45x |
| 2025-09-30 | 23.32x |
| 2025-09-29 | 23.01x |
| 2025-09-26 | 22.90x |
| 2025-09-25 | 22.28x |
| 2025-09-24 | 23.01x |
| 2025-09-23 | 23.02x |
| 2025-09-22 | 22.09x |
| 2025-09-19 | 22.36x |
| 2025-09-18 | 22.42x |
| 2025-09-17 | 22.25x |
| 2025-09-16 | 22.21x |
| 2025-09-15 | 22.45x |
| 2025-09-12 | 22.71x |
| 2025-09-11 | 22.74x |
| 2025-09-10 | 22.32x |
| 2025-09-09 | 22.54x |
| 2025-09-08 | 22.45x |
| 2025-09-05 | 22.36x |
| 2025-09-04 | 22.33x |
| 2025-09-03 | 22.49x |
| 2025-09-02 | 22.36x |
| 2025-08-29 | 22.26x |
Showing the most recent 260 of 4,969 data points. The chart above shows the full history.