Basis: FMP quote market capitalization / four-quarter operating cash flow less absolute capital expenditures. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the Price/FCF ratio high or low?
The Price/FCF ratio of 28.72 is in line with its estimated 5-year average of 27.13, around the middle of its estimated 5-year range (21.88–37.86).
As of 2026-09-26T00:15:37.017Z. 6.84% above its estimated 12-month average of 26.88.
Calculation as of: 2026-09-26T00:15:37.017Z.
Quote observation: 2026-09-25T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: e316f035e877bbfd0556060f15edbb2931ce1a34513771d2ea2d6c5aca43d08a
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.
PRICE/FCF RATIO
28.72
PRICE/FCF RATIO AVG TTM
26.88
PRICE/FCF RATIO AVG 3Y
27.19
PRICE/FCF RATIO AVG 5Y
27.13
PRICE/FCF RATIO AVG 10Y
30.34
PRICE/FCF RATIO AVG 15Y
28.44
PRICE/FCF RATIO AVG 20Y
24.76
CURRENT VS TTM AVG
+6.84%
CURRENT VS 3Y AVG
+5.62%
CURRENT VS 5Y AVG
+5.87%
CURRENT VS 10Y AVG
-5.34%
CURRENT VS 15Y AVG
+0.99%
CURRENT VS 20Y AVG
+16.01%
SECTOR MEDIAN · INDUSTRIALS
26.54
median of 125 covered companies
CURRENT VS SECTOR MEDIAN
+8.21%
vs the sector median at left
Canadian National Railway Company
Market Cap
$73.15B
Price/FCF Ratio
28.72
TTM Avg
26.88
3Y Avg
27.19
5Y Avg
27.13
Market Cap
$72.53B
Price/FCF Ratio
19.89
TTM Avg
35.54
3Y Avg
34.60
5Y Avg
48.32
Market Cap
$70.30B
Price/FCF Ratio
79.44
TTM Avg
23.40
3Y Avg
200.06
5Y Avg
115.98
Market Cap
$76.40B
Price/FCF Ratio
41.64
TTM Avg
43.22
3Y Avg
47.23
5Y Avg
45.49
Market Cap
$78.92B
Price/FCF Ratio
27.02
TTM Avg
27.61
3Y Avg
26.81
5Y Avg
29.07
Market Cap
$67.37B
Price/FCF Ratio
16.35
TTM Avg
14.41
3Y Avg
13.97
5Y Avg
14.41
Market Cap
$79.80B
Price/FCF Ratio
14.55
TTM Avg
19.44
3Y Avg
20.74
5Y Avg
19.71
| NAME | MARKET CAP | PRICE/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Canadian National Railway Company (CNI) | $73.15B | 28.72 | 26.88 | 27.19 | 27.13 |
| Northrop Grumman Corporation (NOC)vs › | $72.53B | 19.89 | 35.54 | 34.60 | 48.32 |
| Cummins Inc. (CMI)vs › | $72.45B | 21.52 | 33.02 | 595.55 | 367.75 |
| Norfolk Southern Corporation (NSC)vs › | $70.30B | 79.44 | 23.40 | 200.06 | 115.98 |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $76.40B | 41.64 | 43.22 | 47.23 | 45.49 |
| FedEx Corporation (FDX)vs › | $67.63B | 13.22 | 15.49 | 16.07 | 16.50 |
| Illinois Tool Works Inc. (ITW)vs › | $78.92B | 27.02 | 27.61 | 26.81 | 29.07 |
| Honeywell International Inc. (HON)vs › | $67.37B | 16.35 | 14.41 | 13.97 | 14.41 |
| United Parcel Service, Inc. (UPS)vs › | $79.80B | 14.55 | 19.44 | 20.74 | 19.71 |
| Cintas Corporation (CTAS)vs › | $80.00B | 42.53 | 43.28 | 45.75 | 41.83 |
P/FCF Ratio
28.7
FCF Yield
3.48%
P/FCF measures market price relative to free cash flow per share. Free cash flow is operating cash flow after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PRICE/FCF RATIO |
|---|---|
| 2026-09-11 | 29.16 |
| 2026-09-10 | 28.90 |
| 2026-09-09 | 29.06 |
| 2026-09-08 | 29.28 |
| 2026-09-04 | 29.43 |
| 2026-09-03 | 29.38 |
| 2026-09-02 | 28.97 |
| 2026-09-01 | 28.72 |
| 2026-08-31 | 29.76 |
| 2026-08-28 | 30.06 |
| 2026-08-27 | 30.17 |
| 2026-08-26 | 30.42 |
| 2026-08-25 | 30.32 |
| 2026-08-24 | 30.39 |
| 2026-08-21 | 30.97 |
| 2026-08-20 | 30.59 |
| 2026-08-19 | 30.45 |
| 2026-08-18 | 30.19 |
| 2026-08-17 | 30.20 |
| 2026-08-14 | 30.26 |
| 2026-08-13 | 30.46 |
| 2026-08-12 | 30.13 |
| 2026-08-11 | 30.12 |
| 2026-08-10 | 29.85 |
| 2026-08-07 | 30.20 |
| 2026-08-06 | 30.15 |
| 2026-08-05 | 30.42 |
| 2026-08-04 | 30.37 |
| 2026-08-03 | 30.01 |
| 2026-07-31 | 30.34 |
| 2026-07-30 | 30.32 |
| 2026-07-29 | 30.97 |
| 2026-07-28 | 30.89 |
| 2026-07-27 | 30.74 |
| 2026-07-24 | 30.57 |
| 2026-07-23 | 30.83 |
| 2026-07-22 | 30.20 |
| 2026-07-21 | 30.00 |
| 2026-07-20 | 29.91 |
| 2026-07-17 | 30.46 |
| 2026-07-16 | 30.27 |
| 2026-07-15 | 29.27 |
| 2026-07-14 | 29.46 |
| 2026-07-13 | 29.58 |
| 2026-07-10 | 29.37 |
| 2026-07-09 | 29.35 |
| 2026-07-08 | 28.96 |
| 2026-07-07 | 28.98 |
| 2026-07-06 | 28.72 |
| 2026-07-02 | 28.70 |
| 2026-07-01 | 28.29 |
| 2026-06-30 | 28.15 |
| 2026-06-29 | 28.41 |
| 2026-06-26 | 28.46 |
| 2026-06-25 | 28.41 |
| 2026-06-24 | 27.36 |
| 2026-06-23 | 27.12 |
| 2026-06-22 | 26.94 |
| 2026-06-18 | 26.78 |
| 2026-06-17 | 26.90 |
| 2026-06-16 | 27.78 |
| 2026-06-15 | 27.75 |
| 2026-06-12 | 28.09 |
| 2026-06-11 | 27.92 |
| 2026-06-10 | 28.13 |
| 2026-06-09 | 28.40 |
| 2026-06-08 | 28.52 |
| 2026-06-05 | 28.42 |
| 2026-06-04 | 28.21 |
| 2026-06-03 | 28.20 |
| 2026-06-02 | 28.62 |
| 2026-06-01 | 28.19 |
| 2026-05-29 | 27.99 |
| 2026-05-28 | 28.04 |
| 2026-05-27 | 28.00 |
| 2026-05-26 | 27.48 |
| 2026-05-22 | 26.97 |
| 2026-05-21 | 26.95 |
| 2026-05-20 | 27.10 |
| 2026-05-19 | 26.72 |
| 2026-05-18 | 26.59 |
| 2026-05-15 | 26.39 |
| 2026-05-14 | 26.54 |
| 2026-05-13 | 26.41 |
| 2026-05-12 | 26.42 |
| 2026-05-11 | 26.11 |
| 2026-05-08 | 26.35 |
| 2026-05-07 | 26.17 |
| 2026-05-06 | 26.48 |
| 2026-05-05 | 25.96 |
| 2026-05-04 | 25.82 |
| 2026-05-01 | 26.43 |
| 2026-04-30 | 26.47 |
| 2026-04-29 | 27.23 |
| 2026-04-28 | 28.95 |
| 2026-04-27 | 28.96 |
| 2026-04-24 | 28.87 |
| 2026-04-23 | 28.74 |
| 2026-04-22 | 27.57 |
| 2026-04-21 | 27.76 |
| 2026-04-20 | 28.02 |
| 2026-04-17 | 27.79 |
| 2026-04-16 | 27.45 |
| 2026-04-15 | 27.70 |
| 2026-04-14 | 28.21 |
| 2026-04-13 | 27.95 |
| 2026-04-10 | 27.74 |
| 2026-04-09 | 27.75 |
| 2026-04-08 | 27.13 |
| 2026-04-07 | 26.68 |
| 2026-04-06 | 26.48 |
| 2026-04-02 | 26.25 |
| 2026-04-01 | 26.01 |
| 2026-03-31 | 25.89 |
| 2026-03-30 | 25.53 |
| 2026-03-27 | 25.56 |
| 2026-03-26 | 25.60 |
| 2026-03-25 | 25.67 |
| 2026-03-24 | 25.44 |
| 2026-03-23 | 25.37 |
| 2026-03-20 | 24.79 |
| 2026-03-19 | 24.97 |
| 2026-03-18 | 25.28 |
| 2026-03-17 | 25.70 |
| 2026-03-16 | 26.76 |
| 2026-03-13 | 26.46 |
| 2026-03-12 | 26.17 |
| 2026-03-11 | 26.76 |
| 2026-03-10 | 26.81 |
| 2026-03-09 | 27.20 |
| 2026-03-06 | 26.90 |
| 2026-03-05 | 27.63 |
| 2026-03-04 | 27.91 |
| 2026-03-03 | 28.01 |
| 2026-03-02 | 28.47 |
| 2026-02-27 | 28.27 |
| 2026-02-26 | 27.78 |
| 2026-02-25 | 27.47 |
| 2026-02-24 | 28.04 |
| 2026-02-23 | 27.74 |
| 2026-02-20 | 27.83 |
| 2026-02-19 | 27.57 |
| 2026-02-18 | 27.18 |
| 2026-02-17 | 27.33 |
| 2026-02-13 | 27.11 |
| 2026-02-12 | 27.03 |
| 2026-02-11 | 26.79 |
| 2026-02-10 | 26.72 |
| 2026-02-09 | 26.05 |
| 2026-02-06 | 25.56 |
| 2026-02-05 | 25.20 |
| 2026-02-04 | 25.16 |
| 2026-02-03 | 24.53 |
| 2026-02-02 | 24.32 |
| 2026-01-30 | 24.45 |
| 2026-01-29 | 25.68 |
| 2026-01-28 | 25.04 |
| 2026-01-27 | 25.54 |
| 2026-01-26 | 25.39 |
| 2026-01-23 | 25.38 |
| 2026-01-22 | 25.42 |
| 2026-01-21 | 25.26 |
| 2026-01-20 | 24.70 |
| 2026-01-16 | 25.44 |
| 2026-01-15 | 25.22 |
| 2026-01-14 | 24.82 |
| 2026-01-13 | 24.74 |
| 2026-01-12 | 25.15 |
| 2026-01-09 | 25.15 |
| 2026-01-08 | 25.28 |
| 2026-01-07 | 24.57 |
| 2026-01-06 | 25.57 |
| 2026-01-05 | 25.24 |
| 2026-01-02 | 25.49 |
| 2025-12-31 | 25.12 |
| 2025-12-30 | 25.24 |
| 2025-12-29 | 25.27 |
| 2025-12-26 | 25.08 |
| 2025-12-24 | 25.08 |
| 2025-12-23 | 25.10 |
| 2025-12-22 | 24.96 |
| 2025-12-19 | 24.96 |
| 2025-12-18 | 25.31 |
| 2025-12-17 | 24.75 |
| 2025-12-16 | 24.63 |
| 2025-12-15 | 24.99 |
| 2025-12-12 | 24.88 |
| 2025-12-11 | 24.90 |
| 2025-12-10 | 24.98 |
| 2025-12-09 | 24.83 |
| 2025-12-08 | 24.97 |
| 2025-12-05 | 24.95 |
| 2025-12-04 | 25.05 |
| 2025-12-03 | 25.07 |
| 2025-12-02 | 24.40 |
| 2025-12-01 | 24.28 |
| 2025-11-28 | 24.37 |
| 2025-11-26 | 23.89 |
| 2025-11-25 | 23.55 |
| 2025-11-24 | 23.10 |
| 2025-11-21 | 23.63 |
| 2025-11-20 | 23.39 |
| 2025-11-19 | 23.78 |
| 2025-11-18 | 23.88 |
| 2025-11-17 | 24.26 |
| 2025-11-14 | 24.44 |
| 2025-11-13 | 24.55 |
| 2025-11-12 | 24.87 |
| 2025-11-11 | 24.39 |
| 2025-11-10 | 24.02 |
| 2025-11-07 | 24.15 |
| 2025-11-06 | 24.03 |
| 2025-11-05 | 24.40 |
| 2025-11-04 | 24.34 |
| 2025-11-03 | 24.30 |
| 2025-10-31 | 26.06 |
| 2025-10-30 | 25.35 |
| 2025-10-29 | 25.32 |
| 2025-10-28 | 25.74 |
| 2025-10-27 | 25.75 |
| 2025-10-24 | 25.90 |
| 2025-10-23 | 26.08 |
| 2025-10-22 | 26.12 |
| 2025-10-21 | 25.81 |
| 2025-10-20 | 25.91 |
| 2025-10-17 | 26.00 |
| 2025-10-16 | 25.72 |
| 2025-10-15 | 26.40 |
| 2025-10-14 | 26.05 |
| 2025-10-13 | 26.12 |
| 2025-10-10 | 25.67 |
| 2025-10-09 | 25.95 |
| 2025-10-08 | 26.19 |
| 2025-10-07 | 26.34 |
| 2025-10-06 | 26.25 |
| 2025-10-03 | 26.19 |
| 2025-10-02 | 25.67 |
| 2025-10-01 | 25.67 |
| 2025-09-30 | 25.63 |
| 2025-09-29 | 25.52 |
| 2025-09-26 | 25.24 |
| 2025-09-25 | 25.11 |
| 2025-09-24 | 25.04 |
| 2025-09-23 | 25.06 |
| 2025-09-22 | 25.00 |
| 2025-09-19 | 25.36 |
| 2025-09-18 | 25.41 |
| 2025-09-17 | 25.72 |
| 2025-09-16 | 25.99 |
| 2025-09-15 | 25.91 |
| 2025-09-12 | 25.39 |
| 2025-09-11 | 25.53 |
| 2025-09-10 | 25.11 |
| 2025-09-09 | 25.34 |
| 2025-09-08 | 25.88 |
| 2025-09-05 | 26.24 |
| 2025-09-04 | 26.29 |
| 2025-09-03 | 26.25 |
| 2025-09-02 | 26.26 |
| 2025-08-29 | 26.30 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
