Basis: FMP quote market capitalization / four-quarter operating cash flow. 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 5.93 is 22% above its estimated 5-year average of 4.87, around the middle of its estimated 5-year range (3.06–7.24).
As of 2026-10-02T20:30:43.589Z. 12.79% above its estimated 12-month average of 5.26.
Calculation as of: 2026-10-02T20:30:43.589Z.
Quote observation: 2026-10-02T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: d299cf9fd4fc0c6e0fa32e9fe281eaec92c161a63c069580bf1f668fbe56d9cf
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 2026-10-01.
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/OCF RATIO
5.93
PRICE/OCF RATIO AVG TTM
5.26
PRICE/OCF RATIO AVG 3Y
4.30
PRICE/OCF RATIO AVG 5Y
4.87
PRICE/OCF RATIO AVG 10Y
4.69
PRICE/OCF RATIO AVG 15Y
N/A
PRICE/OCF RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+12.79%
CURRENT VS 3Y AVG
+37.95%
CURRENT VS 5Y AVG
+21.70%
CURRENT VS 10Y AVG
+26.39%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · UTILITIES
8.90
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-33.37%
vs the sector median at left
Market Cap
$8.67B
Price/OCF Ratio
6.26
TTM Avg
6.69
3Y Avg
5.31
5Y Avg
6.68
Market Cap
$1.99B
Price/OCF Ratio
9.35
TTM Avg
8.73
3Y Avg
7.23
5Y Avg
8.14
| NAME | MARKET CAP | PRICE/OCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Clearway Energy, Inc. (CWEN) | $6.03B | 5.93 | 5.26 | 4.30 | 4.87 |
| Oklo Inc. (OKLO)vs › | $6.24B | N/A | N/A | N/A | N/A |
| Black Hills Corporation (BKH)vs › | $5.40B | 8.60 | 8.22 | 6.13 | 6.43 |
| UGI Corporation (UGI)vs › | $7.98B | 7.51 | 6.92 | 5.54 | 6.48 |
| Brookfield Renewable Partners L.P. (BEP)vs › | $8.67B | 6.26 | 6.69 | 5.31 | 6.68 |
| Avista Corporation (AVA)vs › | $2.96B | 5.42 | 6.78 | 6.68 | 11.19 |
| Northwest Natural Holding Company (NWN)vs › | $1.99B | 9.35 | 8.73 | 7.23 | 8.14 |
| The AES Corporation (AES)vs › | $10.63B | 2.11 | 2.40 | 3.28 | 4.80 |
| Fluence Energy, Inc. (FLNC)vs › | $1.40B | N/A | 27.89 | 27.89 | 27.89 |
| XPLR Infrastructure, LP (XIFR)vs › | $979.49M | 7.96 | 3.25 | 2.37 | 2.37 |
P/OCF Ratio
5.9
P/FCF Ratio
9.0
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 |
|---|---|
| 2026-10-01 | 3.47 |
| 2026-09-30 | 3.48 |
| 2026-09-29 | 3.48 |
| 2026-09-28 | 3.48 |
| 2026-09-25 | 3.54 |
| 2026-09-24 | 3.47 |
| 2026-09-23 | 3.58 |
| 2026-09-22 | 3.65 |
| 2026-09-21 | 3.68 |
| 2026-09-18 | 3.67 |
| 2026-09-17 | 3.68 |
| 2026-09-16 | 3.57 |
| 2026-09-15 | 3.56 |
| 2026-09-14 | 3.60 |
| 2026-09-11 | 3.70 |
| 2026-09-10 | 3.76 |
| 2026-09-09 | 3.82 |
| 2026-09-08 | 3.94 |
| 2026-09-04 | 3.79 |
| 2026-09-03 | 3.74 |
| 2026-09-02 | 3.74 |
| 2026-09-01 | 3.75 |
| 2026-08-31 | 3.78 |
| 2026-08-28 | 3.78 |
| 2026-08-27 | 3.85 |
| 2026-08-26 | 3.86 |
| 2026-08-25 | 3.87 |
| 2026-08-24 | 3.84 |
| 2026-08-21 | 3.87 |
| 2026-08-20 | 3.88 |
| 2026-08-19 | 4.00 |
| 2026-08-18 | 3.94 |
| 2026-08-17 | 4.06 |
| 2026-08-14 | 4.06 |
| 2026-08-13 | 4.07 |
| 2026-08-12 | 4.09 |
| 2026-08-11 | 4.10 |
| 2026-08-10 | 3.93 |
| 2026-08-07 | 3.88 |
| 2026-08-06 | 3.91 |
| 2026-08-05 | 3.73 |
| 2026-08-04 | 3.80 |
| 2026-08-03 | 3.84 |
| 2026-07-31 | 3.80 |
| 2026-07-30 | 3.80 |
| 2026-07-29 | 3.68 |
| 2026-07-28 | 3.76 |
| 2026-07-27 | 3.84 |
| 2026-07-24 | 3.84 |
| 2026-07-23 | 4.02 |
| 2026-07-22 | 4.03 |
| 2026-07-21 | 4.02 |
| 2026-07-20 | 3.99 |
| 2026-07-17 | 4.00 |
| 2026-07-16 | 4.04 |
| 2026-07-15 | 4.12 |
| 2026-07-14 | 4.12 |
| 2026-07-13 | 3.97 |
| 2026-07-10 | 4.03 |
| 2026-07-09 | 3.99 |
| 2026-07-08 | 3.99 |
| 2026-07-07 | 4.01 |
| 2026-07-06 | 3.96 |
| 2026-07-02 | 3.92 |
| 2026-07-01 | 4.01 |
| 2026-06-30 | 4.09 |
| 2026-06-29 | 4.21 |
| 2026-06-26 | 4.41 |
| 2026-06-25 | 4.41 |
| 2026-06-24 | 4.40 |
| 2026-06-23 | 4.38 |
| 2026-06-22 | 4.44 |
| 2026-06-18 | 4.48 |
| 2026-06-17 | 4.40 |
| 2026-06-16 | 4.51 |
| 2026-06-15 | 4.62 |
| 2026-06-12 | 4.49 |
| 2026-06-11 | 4.51 |
| 2026-06-10 | 4.48 |
| 2026-06-09 | 4.66 |
| 2026-06-08 | 4.66 |
| 2026-06-05 | 4.76 |
| 2026-06-04 | 4.83 |
| 2026-06-03 | 4.83 |
| 2026-06-02 | 4.94 |
| 2026-06-01 | 4.83 |
| 2026-05-29 | 4.93 |
| 2026-05-28 | 4.86 |
| 2026-05-27 | 4.84 |
| 2026-05-26 | 4.81 |
| 2026-05-22 | 4.67 |
| 2026-05-21 | 4.57 |
| 2026-05-20 | 4.47 |
| 2026-05-19 | 4.32 |
| 2026-05-18 | 4.35 |
| 2026-05-15 | 4.35 |
| 2026-05-14 | 4.48 |
| 2026-05-13 | 4.56 |
| 2026-05-12 | 4.54 |
| 2026-05-11 | 4.61 |
| 2026-05-08 | 4.57 |
| 2026-05-07 | 6.62 |
| 2026-05-06 | 6.68 |
| 2026-05-05 | 6.76 |
| 2026-05-04 | 6.70 |
| 2026-05-01 | 7.00 |
| 2026-04-30 | 7.01 |
| 2026-04-29 | 6.63 |
| 2026-04-28 | 7.02 |
| 2026-04-27 | 7.13 |
| 2026-04-24 | 6.87 |
| 2026-04-23 | 6.89 |
| 2026-04-22 | 6.66 |
| 2026-04-21 | 6.56 |
| 2026-04-20 | 6.74 |
| 2026-04-17 | 6.80 |
| 2026-04-16 | 6.95 |
| 2026-04-15 | 6.99 |
| 2026-04-14 | 6.97 |
| 2026-04-13 | 6.87 |
| 2026-04-10 | 7.13 |
| 2026-04-09 | 7.08 |
| 2026-04-08 | 7.04 |
| 2026-04-07 | 6.89 |
| 2026-04-06 | 6.88 |
| 2026-04-02 | 7.01 |
| 2026-04-01 | 6.93 |
| 2026-03-31 | 6.82 |
| 2026-03-30 | 6.76 |
| 2026-03-27 | 6.79 |
| 2026-03-26 | 6.76 |
| 2026-03-25 | 6.80 |
| 2026-03-24 | 6.82 |
| 2026-03-23 | 6.62 |
| 2026-03-20 | 6.50 |
| 2026-03-19 | 6.89 |
| 2026-03-18 | 6.85 |
| 2026-03-17 | 6.94 |
| 2026-03-16 | 6.86 |
| 2026-03-13 | 6.63 |
| 2026-03-12 | 6.60 |
| 2026-03-11 | 6.57 |
| 2026-03-10 | 6.52 |
| 2026-03-09 | 6.59 |
| 2026-03-06 | 6.51 |
| 2026-03-05 | 6.49 |
| 2026-03-04 | 6.56 |
| 2026-03-03 | 6.52 |
| 2026-03-02 | 6.61 |
| 2026-02-27 | 6.65 |
| 2026-02-26 | 6.65 |
| 2026-02-25 | 6.73 |
| 2026-02-24 | 6.49 |
| 2026-02-23 | 6.70 |
| 2026-02-20 | 6.65 |
| 2026-02-19 | 6.57 |
| 2026-02-18 | 6.74 |
| 2026-02-17 | 6.82 |
| 2026-02-13 | 6.85 |
| 2026-02-12 | 6.72 |
| 2026-02-11 | 6.72 |
| 2026-02-10 | 6.58 |
| 2026-02-09 | 6.56 |
| 2026-02-06 | 6.49 |
| 2026-02-05 | 6.31 |
| 2026-02-04 | 6.27 |
| 2026-02-03 | 6.20 |
| 2026-02-02 | 5.98 |
| 2026-01-30 | 6.07 |
| 2026-01-29 | 6.09 |
| 2026-01-28 | 6.20 |
| 2026-01-27 | 6.18 |
| 2026-01-26 | 6.07 |
| 2026-01-23 | 6.02 |
| 2026-01-22 | 6.08 |
| 2026-01-21 | 6.01 |
| 2026-01-20 | 5.97 |
| 2026-01-16 | 6.05 |
| 2026-01-15 | 5.94 |
| 2026-01-14 | 5.56 |
| 2026-01-13 | 5.56 |
| 2026-01-12 | 5.51 |
| 2026-01-09 | 5.38 |
| 2026-01-08 | 5.43 |
| 2026-01-07 | 5.36 |
| 2026-01-06 | 5.64 |
| 2026-01-05 | 5.55 |
| 2026-01-02 | 5.70 |
| 2025-12-31 | 5.58 |
| 2025-12-30 | 5.60 |
| 2025-12-29 | 5.64 |
| 2025-12-26 | 5.57 |
| 2025-12-24 | 5.60 |
| 2025-12-23 | 5.61 |
| 2025-12-22 | 5.62 |
| 2025-12-19 | 5.48 |
| 2025-12-18 | 5.44 |
| 2025-12-17 | 5.47 |
| 2025-12-16 | 5.44 |
| 2025-12-15 | 5.49 |
| 2025-12-12 | 5.44 |
| 2025-12-11 | 5.48 |
| 2025-12-10 | 5.50 |
| 2025-12-09 | 5.53 |
| 2025-12-08 | 5.54 |
| 2025-12-05 | 5.71 |
| 2025-12-04 | 5.73 |
| 2025-12-03 | 5.78 |
| 2025-12-02 | 5.88 |
| 2025-12-01 | 5.91 |
| 2025-11-28 | 6.15 |
| 2025-11-26 | 6.07 |
| 2025-11-25 | 6.07 |
| 2025-11-24 | 6.09 |
| 2025-11-21 | 5.98 |
| 2025-11-20 | 6.00 |
| 2025-11-19 | 6.04 |
| 2025-11-18 | 6.08 |
| 2025-11-17 | 6.10 |
| 2025-11-14 | 6.04 |
| 2025-11-13 | 5.97 |
| 2025-11-12 | 5.99 |
| 2025-11-11 | 5.96 |
| 2025-11-10 | 5.92 |
| 2025-11-07 | 5.88 |
| 2025-11-06 | 5.85 |
| 2025-11-05 | 5.82 |
| 2025-11-04 | 4.92 |
| 2025-11-03 | 4.92 |
| 2025-10-31 | 4.84 |
| 2025-10-30 | 4.81 |
| 2025-10-29 | 4.82 |
| 2025-10-28 | 4.86 |
| 2025-10-27 | 4.84 |
| 2025-10-24 | 4.83 |
| 2025-10-23 | 4.77 |
| 2025-10-22 | 4.69 |
| 2025-10-21 | 4.61 |
| 2025-10-20 | 4.79 |
| 2025-10-17 | 4.80 |
| 2025-10-16 | 4.88 |
| 2025-10-15 | 4.90 |
| 2025-10-14 | 4.78 |
| 2025-10-13 | 4.82 |
| 2025-10-10 | 4.72 |
| 2025-10-09 | 4.80 |
| 2025-10-08 | 4.84 |
| 2025-10-07 | 4.69 |
| 2025-10-06 | 4.90 |
| 2025-10-03 | 4.60 |
| 2025-10-02 | 4.55 |
| 2025-10-01 | 4.52 |
| 2025-09-30 | 4.28 |
| 2025-09-29 | 4.30 |
| 2025-09-26 | 4.32 |
| 2025-09-25 | 4.29 |
| 2025-09-24 | 4.32 |
| 2025-09-23 | 4.29 |
| 2025-09-22 | 4.32 |
| 2025-09-19 | 4.25 |
Showing the most recent 260 of 3,260 data points. The chart above shows the full history.
