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 51.34x is in line with its estimated 5-year average of 53.26x, around the middle of its estimated 5-year range (24.94x–108.54x).
As of 2026-09-24T20:41:06.243Z. 4.47% below its estimated 12-month average of 53.74x.
Calculation as of: 2026-09-24T20:41:06.243Z.
Quote observation: 2026-09-24T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 576c460ed125386d3443190c9da8c6343329d9bdfa82f7cd749e3ba06ba8fa37
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
51.34x
EV/FCF RATIO AVG TTM
53.74x
EV/FCF RATIO AVG 3Y
57.89x
EV/FCF RATIO AVG 5Y
53.26x
EV/FCF RATIO AVG 10Y
49.86x
EV/FCF RATIO AVG 15Y
50.02x
EV/FCF RATIO AVG 20Y
51.30x
CURRENT VS TTM AVG
-4.47%
CURRENT VS 3Y AVG
-11.31%
CURRENT VS 5Y AVG
-3.60%
CURRENT VS 10Y AVG
+2.98%
CURRENT VS 15Y AVG
+2.65%
CURRENT VS 20Y AVG
+0.07%
SECTOR MEDIAN · INDUSTRIALS
28.49x
median of 125 covered companies
CURRENT VS SECTOR MEDIAN
+80.20%
vs the sector median at left
Canadian Pacific Kansas City Ltd.
Market Cap
$76.76B
EV/FCF Ratio
51.34x
TTM Avg
53.74x
3Y Avg
57.89x
5Y Avg
53.26x
Market Cap
$78.20B
EV/FCF Ratio
18.64x
TTM Avg
24.78x
3Y Avg
25.23x
5Y Avg
23.11x
Market Cap
$78.25B
EV/FCF Ratio
29.82x
TTM Avg
30.57x
3Y Avg
29.52x
5Y Avg
31.95x
Market Cap
$78.54B
EV/FCF Ratio
125.25x
TTM Avg
388.84x
3Y Avg
308.94x
5Y Avg
308.94x
Market Cap
$72.54B
EV/FCF Ratio
34.66x
TTM Avg
33.18x
3Y Avg
33.01x
5Y Avg
32.22x
Market Cap
$72.31B
EV/FCF Ratio
23.67x
TTM Avg
42.30x
3Y Avg
41.95x
5Y Avg
58.15x
Market Cap
$83.12B
EV/FCF Ratio
29.65x
TTM Avg
41.30x
3Y Avg
48.65x
5Y Avg
44.64x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Canadian Pacific Kansas City Ltd. (CP) | $76.76B | 51.34x | 53.74x | 57.89x | 53.26x |
| United Parcel Service, Inc. (UPS)vs › | $78.20B | 18.64x | 24.78x | 25.23x | 23.11x |
| Illinois Tool Works Inc. (ITW)vs › | $78.25B | 29.82x | 30.57x | 29.52x | 31.95x |
| Bloom Energy Corporation (BE)vs › | $78.54B | 125.25x | 388.84x | 308.94x | 308.94x |
| Cintas Corporation (CTAS)vs › | $79.11B | 43.34x | 44.80x | 47.35x | 43.69x |
| Canadian National Railway Company (CNI)vs › | $72.54B | 34.66x | 33.18x | 33.01x | 32.22x |
| Northrop Grumman Corporation (NOC)vs › | $72.31B | 23.67x | 42.30x | 41.95x | 58.15x |
| Cummins Inc. (CMI)vs › | $71.90B | 22.87x | 35.46x | 678.65x | 418.97x |
| Waste Management, Inc. (WM)vs › | $83.12B | 29.65x | 41.30x | 48.65x | 44.64x |
| Norfolk Southern Corporation (NSC)vs › | $70.34B | 97.05x | 28.84x | 258.92x | 149.50x |
EV/FCF
51.3x
P/FCF
41.8x
FCF Yield
2.39%
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 | 52.64x |
| 2026-09-10 | 52.46x |
| 2026-09-09 | 53.05x |
| 2026-09-08 | 53.56x |
| 2026-09-04 | 53.79x |
| 2026-09-03 | 53.65x |
| 2026-09-02 | 52.79x |
| 2026-09-01 | 52.52x |
| 2026-08-31 | 54.32x |
| 2026-08-28 | 55.01x |
| 2026-08-27 | 54.88x |
| 2026-08-26 | 55.29x |
| 2026-08-25 | 55.11x |
| 2026-08-24 | 55.28x |
| 2026-08-21 | 56.25x |
| 2026-08-20 | 55.35x |
| 2026-08-19 | 55.16x |
| 2026-08-18 | 54.80x |
| 2026-08-17 | 54.91x |
| 2026-08-14 | 54.71x |
| 2026-08-13 | 54.91x |
| 2026-08-12 | 54.32x |
| 2026-08-11 | 53.94x |
| 2026-08-10 | 53.26x |
| 2026-08-07 | 53.80x |
| 2026-08-06 | 53.14x |
| 2026-08-05 | 53.72x |
| 2026-08-04 | 53.32x |
| 2026-08-03 | 53.33x |
| 2026-07-31 | 52.48x |
| 2026-07-30 | 52.13x |
| 2026-07-29 | 61.95x |
| 2026-07-28 | 62.18x |
| 2026-07-27 | 62.01x |
| 2026-07-24 | 62.55x |
| 2026-07-23 | 62.52x |
| 2026-07-22 | 61.96x |
| 2026-07-21 | 61.87x |
| 2026-07-20 | 62.15x |
| 2026-07-17 | 63.30x |
| 2026-07-16 | 62.86x |
| 2026-07-15 | 61.49x |
| 2026-07-14 | 61.98x |
| 2026-07-13 | 61.98x |
| 2026-07-10 | 61.29x |
| 2026-07-09 | 61.41x |
| 2026-07-08 | 60.89x |
| 2026-07-07 | 60.51x |
| 2026-07-06 | 60.10x |
| 2026-07-02 | 59.98x |
| 2026-07-01 | 58.93x |
| 2026-06-30 | 59.34x |
| 2026-06-29 | 59.49x |
| 2026-06-26 | 59.95x |
| 2026-06-25 | 59.56x |
| 2026-06-24 | 58.30x |
| 2026-06-23 | 58.58x |
| 2026-06-22 | 58.79x |
| 2026-06-18 | 59.00x |
| 2026-06-17 | 58.76x |
| 2026-06-16 | 60.75x |
| 2026-06-15 | 60.81x |
| 2026-06-12 | 61.27x |
| 2026-06-11 | 60.84x |
| 2026-06-10 | 61.00x |
| 2026-06-09 | 61.34x |
| 2026-06-08 | 61.25x |
| 2026-06-05 | 61.18x |
| 2026-06-04 | 60.94x |
| 2026-06-03 | 60.73x |
| 2026-06-02 | 61.31x |
| 2026-06-01 | 60.48x |
| 2026-05-29 | 60.84x |
| 2026-05-28 | 61.56x |
| 2026-05-27 | 61.93x |
| 2026-05-26 | 60.73x |
| 2026-05-22 | 59.13x |
| 2026-05-21 | 59.38x |
| 2026-05-20 | 59.17x |
| 2026-05-19 | 59.05x |
| 2026-05-18 | 59.10x |
| 2026-05-15 | 58.46x |
| 2026-05-14 | 59.48x |
| 2026-05-13 | 58.78x |
| 2026-05-12 | 58.88x |
| 2026-05-11 | 58.29x |
| 2026-05-08 | 59.00x |
| 2026-05-07 | 58.54x |
| 2026-05-06 | 58.97x |
| 2026-05-05 | 57.58x |
| 2026-05-04 | 57.37x |
| 2026-05-01 | 59.10x |
| 2026-04-30 | 59.52x |
| 2026-04-29 | 58.01x |
| 2026-04-28 | 59.40x |
| 2026-04-27 | 59.74x |
| 2026-04-24 | 59.48x |
| 2026-04-23 | 59.08x |
| 2026-04-22 | 56.90x |
| 2026-04-21 | 57.01x |
| 2026-04-20 | 56.57x |
| 2026-04-17 | 56.44x |
| 2026-04-16 | 55.69x |
| 2026-04-15 | 56.18x |
| 2026-04-14 | 56.84x |
| 2026-04-13 | 56.42x |
| 2026-04-10 | 55.99x |
| 2026-04-09 | 56.29x |
| 2026-04-08 | 56.54x |
| 2026-04-07 | 55.66x |
| 2026-04-06 | 55.33x |
| 2026-04-02 | 55.04x |
| 2026-04-01 | 54.50x |
| 2026-03-31 | 52.04x |
| 2026-03-30 | 51.43x |
| 2026-03-27 | 51.81x |
| 2026-03-26 | 52.26x |
| 2026-03-25 | 52.78x |
| 2026-03-24 | 52.35x |
| 2026-03-23 | 52.46x |
| 2026-03-20 | 51.81x |
| 2026-03-19 | 51.93x |
| 2026-03-18 | 52.72x |
| 2026-03-17 | 53.07x |
| 2026-03-16 | 53.79x |
| 2026-03-13 | 53.48x |
| 2026-03-12 | 53.38x |
| 2026-03-11 | 54.40x |
| 2026-03-10 | 54.85x |
| 2026-03-09 | 54.84x |
| 2026-03-06 | 54.33x |
| 2026-03-05 | 55.56x |
| 2026-03-04 | 56.39x |
| 2026-03-03 | 56.91x |
| 2026-03-02 | 57.77x |
| 2026-02-27 | 56.81x |
| 2026-02-26 | 56.56x |
| 2026-02-25 | 55.84x |
| 2026-02-24 | 56.12x |
| 2026-02-23 | 55.29x |
| 2026-02-20 | 55.48x |
| 2026-02-19 | 55.27x |
| 2026-02-18 | 54.75x |
| 2026-02-17 | 54.83x |
| 2026-02-13 | 54.77x |
| 2026-02-12 | 54.74x |
| 2026-02-11 | 54.80x |
| 2026-02-10 | 54.40x |
| 2026-02-09 | 53.35x |
| 2026-02-06 | 52.96x |
| 2026-02-05 | 52.26x |
| 2026-02-04 | 52.52x |
| 2026-02-03 | 50.94x |
| 2026-02-02 | 50.11x |
| 2026-01-30 | 49.73x |
| 2026-01-29 | 50.53x |
| 2026-01-28 | 48.36x |
| 2026-01-27 | 48.88x |
| 2026-01-26 | 48.77x |
| 2026-01-23 | 48.92x |
| 2026-01-22 | 48.69x |
| 2026-01-21 | 48.47x |
| 2026-01-20 | 47.52x |
| 2026-01-16 | 48.75x |
| 2026-01-15 | 48.68x |
| 2026-01-14 | 48.51x |
| 2026-01-13 | 47.75x |
| 2026-01-12 | 48.28x |
| 2026-01-09 | 48.24x |
| 2026-01-08 | 48.59x |
| 2026-01-07 | 47.66x |
| 2026-01-06 | 49.25x |
| 2026-01-05 | 48.85x |
| 2026-01-02 | 49.78x |
| 2025-12-31 | 50.03x |
| 2025-12-30 | 50.36x |
| 2025-12-29 | 50.59x |
| 2025-12-26 | 50.58x |
| 2025-12-24 | 50.50x |
| 2025-12-23 | 50.44x |
| 2025-12-22 | 50.46x |
| 2025-12-19 | 50.31x |
| 2025-12-18 | 50.32x |
| 2025-12-17 | 49.97x |
| 2025-12-16 | 49.89x |
| 2025-12-15 | 50.43x |
| 2025-12-12 | 50.80x |
| 2025-12-11 | 50.84x |
| 2025-12-10 | 50.67x |
| 2025-12-09 | 49.75x |
| 2025-12-08 | 50.27x |
| 2025-12-05 | 50.09x |
| 2025-12-04 | 50.19x |
| 2025-12-03 | 50.17x |
| 2025-12-02 | 49.16x |
| 2025-12-01 | 49.39x |
| 2025-11-28 | 49.49x |
| 2025-11-26 | 49.25x |
| 2025-11-25 | 48.97x |
| 2025-11-24 | 48.20x |
| 2025-11-21 | 48.21x |
| 2025-11-20 | 47.64x |
| 2025-11-19 | 47.86x |
| 2025-11-18 | 47.95x |
| 2025-11-17 | 48.37x |
| 2025-11-14 | 48.55x |
| 2025-11-13 | 48.78x |
| 2025-11-12 | 49.42x |
| 2025-11-11 | 48.91x |
| 2025-11-10 | 48.70x |
| 2025-11-07 | 48.65x |
| 2025-11-06 | 47.65x |
| 2025-11-05 | 48.38x |
| 2025-11-04 | 48.51x |
| 2025-11-03 | 48.55x |
| 2025-10-31 | 49.18x |
| 2025-10-30 | 49.51x |
| 2025-10-29 | 46.76x |
| 2025-10-28 | 47.38x |
| 2025-10-27 | 47.43x |
| 2025-10-24 | 47.96x |
| 2025-10-23 | 48.19x |
| 2025-10-22 | 48.48x |
| 2025-10-21 | 48.03x |
| 2025-10-20 | 48.50x |
| 2025-10-17 | 48.49x |
| 2025-10-16 | 47.95x |
| 2025-10-15 | 48.61x |
| 2025-10-14 | 48.32x |
| 2025-10-13 | 48.26x |
| 2025-10-10 | 47.66x |
| 2025-10-09 | 48.09x |
| 2025-10-08 | 49.09x |
| 2025-10-07 | 49.12x |
| 2025-10-06 | 48.93x |
| 2025-10-03 | 49.05x |
| 2025-10-02 | 48.15x |
| 2025-10-01 | 47.62x |
| 2025-09-30 | 47.44x |
| 2025-09-29 | 46.89x |
| 2025-09-26 | 46.94x |
| 2025-09-25 | 47.30x |
| 2025-09-24 | 47.22x |
| 2025-09-23 | 47.26x |
| 2025-09-22 | 47.52x |
| 2025-09-19 | 48.02x |
| 2025-09-18 | 48.02x |
| 2025-09-17 | 47.86x |
| 2025-09-16 | 48.27x |
| 2025-09-15 | 48.19x |
| 2025-09-12 | 47.75x |
| 2025-09-11 | 48.08x |
| 2025-09-10 | 47.45x |
| 2025-09-09 | 47.57x |
| 2025-09-08 | 48.30x |
| 2025-09-05 | 48.55x |
| 2025-09-04 | 48.62x |
| 2025-09-03 | 48.58x |
| 2025-09-02 | 48.45x |
| 2025-08-29 | 48.32x |
Showing the most recent 260 of 4,405 data points. The chart above shows the full history.