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 20.07x is 23% below its estimated 5-year average of 26.03x, near the low end of its estimated 5-year range (17.12x–46.76x).
As of 2026-09-29T09:35:23.961Z. 9.89% below its estimated 12-month average of 22.27x.
Calculation as of: 2026-09-29T09:35:23.961Z.
Quote observation: 2026-09-28T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 4e3158a045d253973079fad129c4c85d0df31cfdff01f4f0bc2df71f8e82d6b0
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
20.07x
EV/FCF RATIO AVG TTM
22.27x
EV/FCF RATIO AVG 3Y
25.06x
EV/FCF RATIO AVG 5Y
26.03x
EV/FCF RATIO AVG 10Y
25.65x
EV/FCF RATIO AVG 15Y
N/A
EV/FCF RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-9.89%
CURRENT VS 3Y AVG
-19.90%
CURRENT VS 5Y AVG
-22.91%
CURRENT VS 10Y AVG
-21.76%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
31.12x
median of 158 covered companies
CURRENT VS SECTOR MEDIAN
-35.50%
vs the sector median at left
Market Cap
$16.82B
EV/FCF Ratio
61.41x
TTM Avg
86.25x
3Y Avg
68.89x
5Y Avg
51.06x
Market Cap
$16.84B
EV/FCF Ratio
20.92x
TTM Avg
20.06x
3Y Avg
18.00x
5Y Avg
18.66x
Market Cap
$15.85B
EV/FCF Ratio
37.63x
TTM Avg
29.33x
3Y Avg
26.94x
5Y Avg
25.50x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CDW Corporation (CDW) | $16.65B | 20.07x | 22.27x | 25.06x | 26.03x |
| IonQ, Inc. (IONQ)vs › | $16.64B | N/A | N/A | N/A | N/A |
| BE Semiconductor Industries N.V. (BESIY)vs › | $16.82B | 61.41x | 86.25x | 68.89x | 51.06x |
| Fortive Corporation (FTV)vs › | $16.84B | 20.92x | 20.06x | 18.00x | 18.66x |
| Dynatrace, Inc. (DT)vs › | $16.86B | 28.10x | 24.32x | 33.26x | 39.74x |
| PTC Inc. (PTC)vs › | $16.14B | 18.59x | 22.71x | 29.95x | 33.36x |
| Unity Software Inc. (U)vs › | $17.40B | 32.26x | 35.95x | 63.56x | 183.13x |
| MKS Inc. (MKSI)vs › | $17.45B | 46.32x | 44.18x | 39.02x | 31.83x |
| Akamai Technologies, Inc. (AKAM)vs › | $15.85B | 37.63x | 29.33x | 26.94x | 25.50x |
| Toast, Inc. (TOST)vs › | $17.62B | 28.83x | 30.93x | 63.91x | 189.30x |
EV/FCF
20.1x
P/FCF
15.0x
FCF Yield
6.66%
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 | 22.73x |
| 2026-09-10 | 21.44x |
| 2026-09-09 | 21.41x |
| 2026-09-08 | 21.66x |
| 2026-09-04 | 22.57x |
| 2026-09-03 | 22.74x |
| 2026-09-02 | 22.14x |
| 2026-09-01 | 22.33x |
| 2026-08-31 | 22.47x |
| 2026-08-28 | 22.03x |
| 2026-08-27 | 22.17x |
| 2026-08-26 | 21.31x |
| 2026-08-25 | 21.38x |
| 2026-08-24 | 20.28x |
| 2026-08-21 | 20.83x |
| 2026-08-20 | 20.40x |
| 2026-08-19 | 20.82x |
| 2026-08-18 | 20.56x |
| 2026-08-17 | 20.60x |
| 2026-08-14 | 21.08x |
| 2026-08-13 | 21.38x |
| 2026-08-12 | 20.76x |
| 2026-08-11 | 20.61x |
| 2026-08-10 | 20.73x |
| 2026-08-07 | 20.66x |
| 2026-08-06 | 21.37x |
| 2026-08-05 | 22.03x |
| 2026-08-04 | 23.70x |
| 2026-08-03 | 22.95x |
| 2026-07-31 | 22.96x |
| 2026-07-30 | 22.69x |
| 2026-07-29 | 22.97x |
| 2026-07-28 | 22.50x |
| 2026-07-27 | 21.78x |
| 2026-07-24 | 21.28x |
| 2026-07-23 | 20.84x |
| 2026-07-22 | 20.80x |
| 2026-07-21 | 20.78x |
| 2026-07-20 | 20.82x |
| 2026-07-17 | 21.21x |
| 2026-07-16 | 21.34x |
| 2026-07-15 | 20.92x |
| 2026-07-14 | 21.95x |
| 2026-07-13 | 22.54x |
| 2026-07-10 | 22.55x |
| 2026-07-09 | 22.05x |
| 2026-07-08 | 21.75x |
| 2026-07-07 | 21.93x |
| 2026-07-06 | 21.32x |
| 2026-07-02 | 21.22x |
| 2026-07-01 | 21.83x |
| 2026-06-30 | 22.10x |
| 2026-06-29 | 22.00x |
| 2026-06-26 | 21.21x |
| 2026-06-25 | 20.58x |
| 2026-06-24 | 20.84x |
| 2026-06-23 | 20.82x |
| 2026-06-22 | 20.04x |
| 2026-06-18 | 20.62x |
| 2026-06-17 | 20.42x |
| 2026-06-16 | 20.83x |
| 2026-06-15 | 20.97x |
| 2026-06-12 | 21.08x |
| 2026-06-11 | 20.71x |
| 2026-06-10 | 20.73x |
| 2026-06-09 | 21.22x |
| 2026-06-08 | 21.40x |
| 2026-06-05 | 21.18x |
| 2026-06-04 | 21.95x |
| 2026-06-03 | 21.69x |
| 2026-06-02 | 21.99x |
| 2026-06-01 | 22.14x |
| 2026-05-29 | 20.27x |
| 2026-05-28 | 19.15x |
| 2026-05-27 | 18.91x |
| 2026-05-26 | 18.24x |
| 2026-05-22 | 18.51x |
| 2026-05-21 | 18.03x |
| 2026-05-20 | 17.95x |
| 2026-05-19 | 17.73x |
| 2026-05-18 | 17.69x |
| 2026-05-15 | 17.46x |
| 2026-05-14 | 17.47x |
| 2026-05-13 | 17.25x |
| 2026-05-12 | 17.12x |
| 2026-05-11 | 17.51x |
| 2026-05-08 | 17.78x |
| 2026-05-07 | 18.43x |
| 2026-05-06 | 18.33x |
| 2026-05-05 | 21.67x |
| 2026-05-04 | 21.49x |
| 2026-05-01 | 21.58x |
| 2026-04-30 | 21.68x |
| 2026-04-29 | 21.52x |
| 2026-04-28 | 21.20x |
| 2026-04-27 | 21.23x |
| 2026-04-24 | 21.49x |
| 2026-04-23 | 21.63x |
| 2026-04-22 | 22.35x |
| 2026-04-21 | 22.22x |
| 2026-04-20 | 21.68x |
| 2026-04-17 | 21.33x |
| 2026-04-16 | 21.25x |
| 2026-04-15 | 20.80x |
| 2026-04-14 | 20.86x |
| 2026-04-13 | 21.08x |
| 2026-04-10 | 20.32x |
| 2026-04-09 | 20.46x |
| 2026-04-08 | 20.46x |
| 2026-04-07 | 20.10x |
| 2026-04-06 | 20.07x |
| 2026-04-02 | 19.89x |
| 2026-04-01 | 19.82x |
| 2026-03-31 | 19.78x |
| 2026-03-30 | 19.47x |
| 2026-03-27 | 19.43x |
| 2026-03-26 | 19.79x |
| 2026-03-25 | 19.81x |
| 2026-03-24 | 19.88x |
| 2026-03-23 | 19.67x |
| 2026-03-20 | 19.69x |
| 2026-03-19 | 19.61x |
| 2026-03-18 | 19.36x |
| 2026-03-17 | 19.35x |
| 2026-03-16 | 19.44x |
| 2026-03-13 | 19.19x |
| 2026-03-12 | 18.87x |
| 2026-03-11 | 19.52x |
| 2026-03-10 | 19.49x |
| 2026-03-09 | 19.74x |
| 2026-03-06 | 20.06x |
| 2026-03-05 | 20.17x |
| 2026-03-04 | 20.24x |
| 2026-03-03 | 20.29x |
| 2026-03-02 | 20.23x |
| 2026-02-27 | 19.97x |
| 2026-02-26 | 20.06x |
| 2026-02-25 | 19.84x |
| 2026-02-24 | 20.32x |
| 2026-02-23 | 20.03x |
| 2026-02-20 | 21.87x |
| 2026-02-19 | 21.81x |
| 2026-02-18 | 21.82x |
| 2026-02-17 | 21.94x |
| 2026-02-13 | 22.16x |
| 2026-02-12 | 22.15x |
| 2026-02-11 | 23.22x |
| 2026-02-10 | 24.25x |
| 2026-02-09 | 24.32x |
| 2026-02-06 | 24.22x |
| 2026-02-05 | 23.98x |
| 2026-02-04 | 23.62x |
| 2026-02-03 | 22.07x |
| 2026-02-02 | 22.15x |
| 2026-01-30 | 22.10x |
| 2026-01-29 | 21.94x |
| 2026-01-28 | 21.88x |
| 2026-01-27 | 21.97x |
| 2026-01-26 | 22.23x |
| 2026-01-23 | 22.05x |
| 2026-01-22 | 22.48x |
| 2026-01-21 | 22.26x |
| 2026-01-20 | 21.88x |
| 2026-01-16 | 22.80x |
| 2026-01-15 | 22.87x |
| 2026-01-14 | 22.85x |
| 2026-01-13 | 23.17x |
| 2026-01-12 | 23.03x |
| 2026-01-09 | 23.02x |
| 2026-01-08 | 22.90x |
| 2026-01-07 | 22.51x |
| 2026-01-06 | 23.14x |
| 2026-01-05 | 23.04x |
| 2026-01-02 | 22.98x |
| 2025-12-31 | 23.38x |
| 2025-12-30 | 23.66x |
| 2025-12-29 | 23.69x |
| 2025-12-26 | 23.84x |
| 2025-12-24 | 23.71x |
| 2025-12-23 | 23.63x |
| 2025-12-22 | 23.81x |
| 2025-12-19 | 23.96x |
| 2025-12-18 | 24.28x |
| 2025-12-17 | 24.36x |
| 2025-12-16 | 24.53x |
| 2025-12-15 | 24.51x |
| 2025-12-12 | 24.52x |
| 2025-12-11 | 25.16x |
| 2025-12-10 | 25.12x |
| 2025-12-09 | 24.81x |
| 2025-12-08 | 24.65x |
| 2025-12-05 | 24.69x |
| 2025-12-04 | 24.47x |
| 2025-12-03 | 24.36x |
| 2025-12-02 | 24.42x |
| 2025-12-01 | 24.27x |
| 2025-11-28 | 24.43x |
| 2025-11-26 | 24.45x |
| 2025-11-25 | 24.30x |
| 2025-11-24 | 24.13x |
| 2025-11-21 | 23.90x |
| 2025-11-20 | 23.44x |
| 2025-11-19 | 23.84x |
| 2025-11-18 | 23.85x |
| 2025-11-17 | 23.91x |
| 2025-11-14 | 24.54x |
| 2025-11-13 | 24.76x |
| 2025-11-12 | 24.84x |
| 2025-11-11 | 24.22x |
| 2025-11-10 | 24.31x |
| 2025-11-07 | 24.20x |
| 2025-11-06 | 24.08x |
| 2025-11-05 | 24.70x |
| 2025-11-04 | 23.60x |
| 2025-11-03 | 25.31x |
| 2025-10-31 | 25.90x |
| 2025-10-30 | 25.57x |
| 2025-10-29 | 25.63x |
| 2025-10-28 | 25.48x |
| 2025-10-27 | 25.88x |
| 2025-10-24 | 25.74x |
| 2025-10-23 | 25.78x |
| 2025-10-22 | 25.51x |
| 2025-10-21 | 25.53x |
| 2025-10-20 | 25.38x |
| 2025-10-17 | 25.00x |
| 2025-10-16 | 24.82x |
| 2025-10-15 | 24.53x |
| 2025-10-14 | 24.72x |
| 2025-10-13 | 24.36x |
| 2025-10-10 | 24.04x |
| 2025-10-09 | 24.91x |
| 2025-10-08 | 25.58x |
| 2025-10-07 | 25.36x |
| 2025-10-06 | 25.64x |
| 2025-10-03 | 25.89x |
| 2025-10-02 | 25.91x |
| 2025-10-01 | 25.85x |
| 2025-09-30 | 25.89x |
| 2025-09-29 | 26.27x |
| 2025-09-26 | 26.55x |
| 2025-09-25 | 25.59x |
| 2025-09-24 | 26.04x |
| 2025-09-23 | 26.58x |
| 2025-09-22 | 26.52x |
| 2025-09-19 | 26.14x |
| 2025-09-18 | 26.35x |
| 2025-09-17 | 26.93x |
| 2025-09-16 | 26.78x |
| 2025-09-15 | 26.39x |
| 2025-09-12 | 26.54x |
| 2025-09-11 | 26.73x |
| 2025-09-10 | 27.38x |
| 2025-09-09 | 27.14x |
| 2025-09-08 | 27.00x |
| 2025-09-05 | 27.25x |
| 2025-09-04 | 26.79x |
| 2025-09-03 | 26.42x |
| 2025-09-02 | 26.28x |
| 2025-08-29 | 26.60x |
Showing the most recent 260 of 3,227 data points. The chart above shows the full history.
