Basis: Latest stored market observation. 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 20.48 is 15% below its 5-year average of 24.09, near the low end of its 5-year range (14.86–109.29).
As of Wednesday, September 2, 2026. 19.98% below its 12-month average of 25.59.
PRICE/OCF RATIO
20.48
PRICE/OCF RATIO AVG TTM
25.59
PRICE/OCF RATIO AVG 3Y
31.32
PRICE/OCF RATIO AVG 5Y
24.09
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
-19.98%
CURRENT VS 3Y AVG
-34.61%
CURRENT VS 5Y AVG
-14.99%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
19.51
median of 136 covered companies
CURRENT VS SECTOR MEDIAN
+5.00%
vs the sector median at left
Carrier Global Corporation
Market Cap
$48.70B
Price/OCF Ratio
20.48
TTM Avg
25.59
3Y Avg
31.32
5Y Avg
24.09
Market Cap
$48.46B
Price/OCF Ratio
14.94
TTM Avg
21.30
3Y Avg
20.16
5Y Avg
19.49
Market Cap
$48.29B
Price/OCF Ratio
16.21
TTM Avg
19.80
3Y Avg
26.97
5Y Avg
27.91
Market Cap
$47.80B
Price/OCF Ratio
27.65
TTM Avg
30.12
3Y Avg
28.34
5Y Avg
31.23
Market Cap
$47.33B
Price/OCF Ratio
23.81
TTM Avg
24.35
3Y Avg
21.69
5Y Avg
20.33
Market Cap
$45.92B
Price/OCF Ratio
30.49
TTM Avg
37.65
3Y Avg
41.36
5Y Avg
40.58
| NAME | MARKET CAP | PRICE/OCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Carrier Global Corporation (CARR) | $48.70B | 20.48 | 25.59 | 31.32 | 24.09 |
| L3Harris Technologies, Inc. (LHX)vs › | $48.46B | 14.94 | 21.30 | 20.16 | 19.49 |
| Thomson Reuters Corporation (TRI)vs › | $48.29B | 16.21 | 19.80 | 26.97 | 27.91 |
| Honeywell Aerospace Inc (HONA)vs › | $49.28B | N/A | N/A | N/A | N/A |
| Rockwell Automation, Inc. (ROK)vs › | $47.80B | 27.65 | 30.12 | 28.34 | 31.23 |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $47.33B | 23.81 | 24.35 | 21.69 | 20.33 |
| HEICO Corporation (HEI-A)vs › | $45.92B | 30.49 | 37.65 | 41.36 | 40.58 |
| Delta Air Lines, Inc. (DAL)vs › | $51.74B | 6.31 | 5.71 | 4.88 | 5.65 |
| HEICO Corporation (HEI)vs › | $45.04B | 41.05 | 49.41 | 52.86 | 51.01 |
| Paychex, Inc. (PAYX)vs › | $44.15B | 17.37 | 17.24 | 22.88 | 25.09 |
P/OCF Ratio
20.5
P/FCF Ratio
25.4
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 |
|---|---|
| 2026-09-02 | 20.48 |
| 2026-09-01 | 20.37 |
| 2026-08-31 | 20.71 |
| 2026-08-28 | 20.92 |
| 2026-08-27 | 20.93 |
| 2026-08-26 | 20.90 |
| 2026-08-25 | 20.82 |
| 2026-08-24 | 21.34 |
| 2026-08-21 | 21.48 |
| 2026-08-20 | 21.40 |
| 2026-08-19 | 21.77 |
| 2026-08-18 | 21.85 |
| 2026-08-17 | 22.26 |
| 2026-08-14 | 22.33 |
| 2026-08-13 | 22.54 |
| 2026-08-12 | 22.44 |
| 2026-08-11 | 22.63 |
| 2026-08-10 | 22.57 |
| 2026-08-07 | 22.77 |
| 2026-08-06 | 22.75 |
| 2026-08-05 | 23.28 |
| 2026-08-04 | 23.37 |
| 2026-08-03 | 22.47 |
| 2026-07-31 | 21.99 |
| 2026-07-30 | 21.84 |
| 2026-07-29 | 21.32 |
| 2026-07-28 | 22.47 |
| 2026-07-27 | 28.06 |
| 2026-07-24 | 27.88 |
| 2026-07-23 | 27.99 |
| 2026-07-22 | 27.57 |
| 2026-07-21 | 27.00 |
| 2026-07-20 | 27.11 |
| 2026-07-17 | 27.81 |
| 2026-07-16 | 28.07 |
| 2026-07-15 | 27.83 |
| 2026-07-14 | 28.24 |
| 2026-07-13 | 27.77 |
| 2026-07-10 | 28.07 |
| 2026-07-09 | 27.45 |
| 2026-07-08 | 27.02 |
| 2026-07-07 | 27.80 |
| 2026-07-06 | 28.38 |
| 2026-07-02 | 28.36 |
| 2026-07-01 | 29.17 |
| 2026-06-30 | 29.69 |
| 2026-06-29 | 29.72 |
| 2026-06-26 | 29.79 |
| 2026-06-25 | 30.77 |
| 2026-06-24 | 29.98 |
| 2026-06-23 | 28.64 |
| 2026-06-22 | 29.09 |
| 2026-06-18 | 29.07 |
| 2026-06-17 | 28.13 |
| 2026-06-16 | 28.80 |
| 2026-06-15 | 28.79 |
| 2026-06-12 | 28.30 |
| 2026-06-11 | 28.23 |
| 2026-06-10 | 27.51 |
| 2026-06-09 | 28.84 |
| 2026-06-08 | 27.26 |
| 2026-06-05 | 27.19 |
| 2026-06-04 | 27.75 |
| 2026-06-03 | 27.36 |
| 2026-06-02 | 26.89 |
| 2026-06-01 | 26.36 |
| 2026-05-29 | 25.85 |
| 2026-05-28 | 25.83 |
| 2026-05-27 | 26.11 |
| 2026-05-26 | 26.27 |
| 2026-05-22 | 25.56 |
| 2026-05-21 | 25.17 |
| 2026-05-20 | 25.74 |
| 2026-05-19 | 24.87 |
| 2026-05-18 | 26.11 |
| 2026-05-15 | 26.18 |
| 2026-05-14 | 27.01 |
| 2026-05-13 | 26.54 |
| 2026-05-12 | 26.54 |
| 2026-05-11 | 26.67 |
| 2026-05-08 | 27.05 |
| 2026-05-07 | 27.21 |
| 2026-05-06 | 27.49 |
| 2026-05-05 | 25.98 |
| 2026-05-04 | 26.67 |
| 2026-05-01 | 27.37 |
| 2026-04-30 | 27.19 |
| 2026-04-29 | 21.03 |
| 2026-04-28 | 21.12 |
| 2026-04-27 | 21.09 |
| 2026-04-24 | 20.77 |
| 2026-04-23 | 20.96 |
| 2026-04-22 | 20.66 |
| 2026-04-21 | 21.02 |
| 2026-04-20 | 21.00 |
| 2026-04-17 | 20.88 |
| 2026-04-16 | 20.34 |
| 2026-04-15 | 19.94 |
| 2026-04-14 | 22.02 |
| 2026-04-13 | 21.91 |
| 2026-04-10 | 21.57 |
| 2026-04-09 | 20.93 |
| 2026-04-08 | 19.85 |
| 2026-04-07 | 18.88 |
| 2026-04-06 | 18.93 |
| 2026-04-02 | 18.97 |
| 2026-04-01 | 19.38 |
| 2026-03-31 | 19.18 |
| 2026-03-30 | 18.51 |
| 2026-03-27 | 18.48 |
| 2026-03-26 | 18.62 |
| 2026-03-25 | 20.18 |
| 2026-03-24 | 19.95 |
| 2026-03-23 | 19.86 |
| 2026-03-20 | 19.78 |
| 2026-03-19 | 20.08 |
| 2026-03-18 | 19.62 |
| 2026-03-17 | 19.41 |
| 2026-03-16 | 19.02 |
| 2026-03-13 | 18.95 |
| 2026-03-12 | 19.24 |
| 2026-03-11 | 19.99 |
| 2026-03-10 | 19.90 |
| 2026-03-09 | 20.00 |
| 2026-03-06 | 19.87 |
| 2026-03-05 | 20.57 |
| 2026-03-04 | 20.80 |
| 2026-03-03 | 20.83 |
| 2026-03-02 | 21.74 |
| 2026-02-27 | 21.93 |
| 2026-02-26 | 21.38 |
| 2026-02-25 | 20.95 |
| 2026-02-24 | 21.64 |
| 2026-02-23 | 21.61 |
| 2026-02-20 | 21.85 |
| 2026-02-19 | 21.43 |
| 2026-02-18 | 21.91 |
| 2026-02-17 | 22.63 |
| 2026-02-13 | 22.27 |
| 2026-02-12 | 22.10 |
| 2026-02-11 | 22.86 |
| 2026-02-10 | 22.42 |
| 2026-02-09 | 22.25 |
| 2026-02-06 | 21.77 |
| 2026-02-05 | 21.49 |
| 2026-02-04 | 34.00 |
| 2026-02-03 | 32.74 |
| 2026-02-02 | 32.29 |
| 2026-01-30 | 31.87 |
| 2026-01-29 | 31.98 |
| 2026-01-28 | 30.98 |
| 2026-01-27 | 30.53 |
| 2026-01-26 | 30.69 |
| 2026-01-23 | 30.65 |
| 2026-01-22 | 30.73 |
| 2026-01-21 | 30.89 |
| 2026-01-20 | 29.53 |
| 2026-01-16 | 30.06 |
| 2026-01-15 | 29.72 |
| 2026-01-14 | 29.74 |
| 2026-01-13 | 29.53 |
| 2026-01-12 | 29.63 |
| 2026-01-09 | 30.09 |
| 2026-01-08 | 28.81 |
| 2026-01-07 | 28.12 |
| 2026-01-06 | 28.62 |
| 2026-01-05 | 28.78 |
| 2026-01-02 | 28.63 |
| 2025-12-31 | 28.27 |
| 2025-12-30 | 28.58 |
| 2025-12-29 | 28.68 |
| 2025-12-26 | 28.67 |
| 2025-12-24 | 28.62 |
| 2025-12-23 | 28.53 |
| 2025-12-22 | 28.46 |
| 2025-12-19 | 28.76 |
| 2025-12-18 | 28.46 |
| 2025-12-17 | 28.03 |
| 2025-12-16 | 28.59 |
| 2025-12-15 | 28.13 |
| 2025-12-12 | 28.32 |
| 2025-12-11 | 28.97 |
| 2025-12-10 | 28.57 |
| 2025-12-09 | 28.27 |
| 2025-12-08 | 28.37 |
| 2025-12-05 | 29.04 |
| 2025-12-04 | 29.15 |
| 2025-12-03 | 29.22 |
| 2025-12-02 | 28.79 |
| 2025-12-01 | 29.02 |
| 2025-11-28 | 29.36 |
| 2025-11-26 | 29.08 |
| 2025-11-25 | 28.86 |
| 2025-11-24 | 27.68 |
| 2025-11-21 | 28.04 |
| 2025-11-20 | 26.94 |
| 2025-11-19 | 27.42 |
| 2025-11-18 | 27.82 |
| 2025-11-17 | 28.42 |
| 2025-11-14 | 28.94 |
| 2025-11-13 | 29.51 |
| 2025-11-12 | 29.95 |
| 2025-11-11 | 30.48 |
| 2025-11-10 | 30.67 |
| 2025-11-07 | 30.77 |
| 2025-11-06 | 30.26 |
| 2025-11-05 | 30.41 |
| 2025-11-04 | 30.79 |
| 2025-11-03 | 30.95 |
| 2025-10-31 | 31.82 |
| 2025-10-30 | 31.48 |
| 2025-10-29 | 32.50 |
| 2025-10-28 | 31.42 |
| 2025-10-27 | 50.75 |
| 2025-10-24 | 50.36 |
| 2025-10-23 | 49.73 |
| 2025-10-22 | 49.40 |
| 2025-10-21 | 52.08 |
| 2025-10-20 | 50.21 |
| 2025-10-17 | 48.93 |
| 2025-10-16 | 49.41 |
| 2025-10-15 | 49.81 |
| 2025-10-14 | 50.06 |
| 2025-10-13 | 49.51 |
| 2025-10-10 | 49.33 |
| 2025-10-09 | 50.58 |
| 2025-10-08 | 52.07 |
| 2025-10-07 | 51.53 |
| 2025-10-06 | 52.07 |
| 2025-10-03 | 51.93 |
| 2025-10-02 | 51.28 |
| 2025-10-01 | 51.77 |
| 2025-09-30 | 51.98 |
| 2025-09-29 | 51.48 |
| 2025-09-26 | 51.23 |
| 2025-09-25 | 51.15 |
| 2025-09-24 | 51.36 |
| 2025-09-23 | 52.01 |
| 2025-09-22 | 52.51 |
| 2025-09-19 | 52.58 |
| 2025-09-18 | 53.20 |
| 2025-09-17 | 52.87 |
| 2025-09-16 | 53.05 |
| 2025-09-15 | 53.32 |
| 2025-09-12 | 53.69 |
| 2025-09-11 | 54.24 |
| 2025-09-10 | 54.42 |
| 2025-09-09 | 55.26 |
| 2025-09-08 | 57.12 |
| 2025-09-05 | 57.04 |
| 2025-09-04 | 55.32 |
| 2025-09-03 | 54.39 |
| 2025-09-02 | 55.29 |
| 2025-08-29 | 56.77 |
| 2025-08-28 | 57.61 |
| 2025-08-27 | 58.85 |
| 2025-08-26 | 57.88 |
| 2025-08-25 | 57.46 |
| 2025-08-22 | 58.99 |
| 2025-08-21 | 56.60 |
Showing the most recent 260 of 1,623 data points. The chart above shows the full history.
