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 46.36x is 97% above its estimated 5-year average of 23.51x, around the middle of its estimated 5-year range (6.31x–100.78x).
As of 2026-09-26T00:15:40.753Z. 80.93% above its estimated 12-month average of 25.62x.
Calculation as of: 2026-09-26T00:15:40.753Z.
Quote observation: 2026-09-25T19:59:59.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 50c042e03efc6fa821035754013ca4fca21b5da4ee599d8cfe6a04df9a352d6b
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
46.36x
EV/FCF RATIO AVG TTM
25.62x
EV/FCF RATIO AVG 3Y
25.28x
EV/FCF RATIO AVG 5Y
23.51x
EV/FCF RATIO AVG 10Y
19.95x
EV/FCF RATIO AVG 15Y
N/A
EV/FCF RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+80.93%
CURRENT VS 3Y AVG
+83.37%
CURRENT VS 5Y AVG
+97.23%
CURRENT VS 10Y AVG
+132.41%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
31.74x
median of 158 covered companies
CURRENT VS SECTOR MEDIAN
+46.06%
vs the sector median at left
Dell Technologies Inc.
Market Cap
$373.91B
EV/FCF Ratio
46.36x
TTM Avg
25.62x
3Y Avg
25.28x
5Y Avg
23.51x
Market Cap
$385.07B
EV/FCF Ratio
68.54x
TTM Avg
52.34x
3Y Avg
32.10x
5Y Avg
27.81x
Market Cap
$394.19B
EV/FCF Ratio
86.87x
TTM Avg
49.46x
3Y Avg
32.38x
5Y Avg
28.25x
Market Cap
$331.42B
EV/FCF Ratio
223.10x
TTM Avg
210.21x
3Y Avg
233.71x
5Y Avg
233.71x
Market Cap
$420.55B
EV/FCF Ratio
34.20x
TTM Avg
29.80x
3Y Avg
22.10x
5Y Avg
19.19x
Market Cap
$435.50B
EV/FCF Ratio
129.10x
TTM Avg
191.78x
3Y Avg
164.01x
5Y Avg
155.11x
Market Cap
$305.41B
EV/FCF Ratio
N/A
TTM Avg
40.49x
3Y Avg
40.01x
5Y Avg
36.58x
Market Cap
$263.27B
EV/FCF Ratio
22.53x
TTM Avg
67.87x
3Y Avg
67.87x
5Y Avg
67.87x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Dell Technologies Inc. (DELL) | $373.91B | 46.36x | 25.62x | 25.28x | 23.51x |
| Applied Materials, Inc. (AMAT)vs › | $385.07B | 68.54x | 52.34x | 32.10x | 27.81x |
| Lam Research Corporation (LRCX)vs › | $394.19B | 86.87x | 49.46x | 32.38x | 28.25x |
| Oracle Corporation (ORCL)vs › | $394.85B | N/A | 61.05x | 49.77x | 40.26x |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $331.42B | 223.10x | 210.21x | 233.71x | 233.71x |
| Cisco Systems, Inc. (CSCO)vs › | $420.55B | 34.20x | 29.80x | 22.10x | 19.19x |
| Palantir Technologies Inc. (PLTR)vs › | $435.50B | 129.10x | 191.78x | 164.01x | 155.11x |
| Palo Alto Networks, Inc. (PANW)vs › | $305.41B | N/A | 40.49x | 40.01x | 36.58x |
| Sandisk Corporation (SNDK)vs › | $263.27B | 22.53x | 67.87x | 67.87x | 67.87x |
| Arista Networks, Inc. (ANET)vs › | $260.08B | 50.01x | 42.48x | 42.77x | 48.49x |
EV/FCF
46.4x
P/FCF
43.7x
FCF Yield
2.29%
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 | 45.88x |
| 2026-09-10 | 41.26x |
| 2026-09-09 | 43.44x |
| 2026-09-08 | 39.17x |
| 2026-09-04 | 38.49x |
| 2026-09-03 | 37.95x |
| 2026-09-02 | 36.27x |
| 2026-09-01 | 31.60x |
| 2026-08-31 | 33.76x |
| 2026-08-28 | 33.77x |
| 2026-08-27 | 34.89x |
| 2026-08-26 | 34.30x |
| 2026-08-25 | 33.44x |
| 2026-08-24 | 32.17x |
| 2026-08-21 | 32.79x |
| 2026-08-20 | 32.28x |
| 2026-08-19 | 32.47x |
| 2026-08-18 | 34.63x |
| 2026-08-17 | 35.41x |
| 2026-08-14 | 36.17x |
| 2026-08-13 | 36.43x |
| 2026-08-12 | 35.74x |
| 2026-08-11 | 32.71x |
| 2026-08-10 | 33.89x |
| 2026-08-07 | 33.60x |
| 2026-08-06 | 32.48x |
| 2026-08-05 | 34.22x |
| 2026-08-04 | 34.54x |
| 2026-08-03 | 31.88x |
| 2026-07-31 | 30.24x |
| 2026-07-30 | 30.20x |
| 2026-07-29 | 27.76x |
| 2026-07-28 | 29.32x |
| 2026-07-27 | 31.73x |
| 2026-07-24 | 32.47x |
| 2026-07-23 | 32.60x |
| 2026-07-22 | 32.77x |
| 2026-07-21 | 30.15x |
| 2026-07-20 | 28.61x |
| 2026-07-17 | 29.61x |
| 2026-07-16 | 29.27x |
| 2026-07-15 | 30.75x |
| 2026-07-14 | 33.86x |
| 2026-07-13 | 31.75x |
| 2026-07-10 | 32.29x |
| 2026-07-09 | 33.35x |
| 2026-07-08 | 32.09x |
| 2026-07-07 | 31.07x |
| 2026-07-06 | 30.68x |
| 2026-07-02 | 29.47x |
| 2026-07-01 | 31.62x |
| 2026-06-30 | 32.05x |
| 2026-06-29 | 30.88x |
| 2026-06-26 | 29.83x |
| 2026-06-25 | 30.52x |
| 2026-06-24 | 32.23x |
| 2026-06-23 | 31.79x |
| 2026-06-22 | 31.16x |
| 2026-06-18 | 30.52x |
| 2026-06-17 | 31.21x |
| 2026-06-16 | 30.15x |
| 2026-06-15 | 30.49x |
| 2026-06-12 | 29.56x |
| 2026-06-11 | 29.27x |
| 2026-06-10 | 27.77x |
| 2026-06-09 | 32.26x |
| 2026-06-08 | 33.75x |
| 2026-06-05 | 33.25x |
| 2026-06-04 | 35.42x |
| 2026-06-03 | 35.34x |
| 2026-06-02 | 36.46x |
| 2026-06-01 | 38.86x |
| 2026-05-29 | 35.33x |
| 2026-05-28 | 27.19x |
| 2026-05-27 | 26.27x |
| 2026-05-26 | 26.25x |
| 2026-05-22 | 25.47x |
| 2026-05-21 | 22.15x |
| 2026-05-20 | 21.38x |
| 2026-05-19 | 20.78x |
| 2026-05-18 | 20.99x |
| 2026-05-15 | 21.30x |
| 2026-05-14 | 21.77x |
| 2026-05-13 | 21.45x |
| 2026-05-12 | 21.06x |
| 2026-05-11 | 21.70x |
| 2026-05-08 | 22.75x |
| 2026-05-07 | 20.38x |
| 2026-05-06 | 21.05x |
| 2026-05-05 | 19.29x |
| 2026-05-04 | 18.92x |
| 2026-05-01 | 18.81x |
| 2026-04-30 | 18.71x |
| 2026-04-29 | 18.46x |
| 2026-04-28 | 18.48x |
| 2026-04-27 | 19.26x |
| 2026-04-24 | 19.27x |
| 2026-04-23 | 18.96x |
| 2026-04-22 | 19.16x |
| 2026-04-21 | 18.98x |
| 2026-04-20 | 18.34x |
| 2026-04-17 | 17.74x |
| 2026-04-16 | 17.47x |
| 2026-04-15 | 16.23x |
| 2026-04-14 | 16.80x |
| 2026-04-13 | 17.21x |
| 2026-04-10 | 16.27x |
| 2026-04-09 | 16.56x |
| 2026-04-08 | 16.87x |
| 2026-04-07 | 16.26x |
| 2026-04-06 | 15.91x |
| 2026-04-02 | 16.00x |
| 2026-04-01 | 15.61x |
| 2026-03-31 | 15.20x |
| 2026-03-30 | 15.24x |
| 2026-03-27 | 15.80x |
| 2026-03-26 | 16.12x |
| 2026-03-25 | 16.76x |
| 2026-03-24 | 16.20x |
| 2026-03-23 | 15.24x |
| 2026-03-20 | 14.69x |
| 2026-03-19 | 14.62x |
| 2026-03-18 | 14.03x |
| 2026-03-17 | 14.33x |
| 2026-03-16 | 28.80x |
| 2026-03-13 | 28.05x |
| 2026-03-12 | 27.78x |
| 2026-03-11 | 27.40x |
| 2026-03-10 | 26.85x |
| 2026-03-09 | 27.26x |
| 2026-03-06 | 27.26x |
| 2026-03-05 | 27.26x |
| 2026-03-04 | 27.35x |
| 2026-03-03 | 27.06x |
| 2026-03-02 | 28.34x |
| 2026-02-27 | 27.50x |
| 2026-02-26 | 23.43x |
| 2026-02-25 | 23.74x |
| 2026-02-24 | 23.18x |
| 2026-02-23 | 23.08x |
| 2026-02-20 | 23.56x |
| 2026-02-19 | 23.07x |
| 2026-02-18 | 22.72x |
| 2026-02-17 | 22.62x |
| 2026-02-13 | 22.83x |
| 2026-02-12 | 22.12x |
| 2026-02-11 | 23.85x |
| 2026-02-10 | 24.13x |
| 2026-02-09 | 23.35x |
| 2026-02-06 | 23.37x |
| 2026-02-05 | 22.51x |
| 2026-02-04 | 23.52x |
| 2026-02-03 | 22.78x |
| 2026-02-02 | 23.08x |
| 2026-01-30 | 22.36x |
| 2026-01-29 | 22.98x |
| 2026-01-28 | 22.80x |
| 2026-01-27 | 22.40x |
| 2026-01-26 | 22.59x |
| 2026-01-23 | 22.51x |
| 2026-01-22 | 22.78x |
| 2026-01-21 | 22.18x |
| 2026-01-20 | 21.85x |
| 2026-01-16 | 23.29x |
| 2026-01-15 | 23.16x |
| 2026-01-14 | 23.01x |
| 2026-01-13 | 23.16x |
| 2026-01-12 | 23.28x |
| 2026-01-09 | 23.31x |
| 2026-01-08 | 22.98x |
| 2026-01-07 | 23.22x |
| 2026-01-06 | 23.81x |
| 2026-01-05 | 23.83x |
| 2026-01-02 | 24.41x |
| 2025-12-31 | 24.11x |
| 2025-12-30 | 24.42x |
| 2025-12-29 | 24.35x |
| 2025-12-26 | 24.63x |
| 2025-12-24 | 24.49x |
| 2025-12-23 | 24.38x |
| 2025-12-22 | 24.22x |
| 2025-12-19 | 24.19x |
| 2025-12-18 | 23.66x |
| 2025-12-17 | 24.42x |
| 2025-12-16 | 25.31x |
| 2025-12-15 | 24.82x |
| 2025-12-12 | 24.74x |
| 2025-12-11 | 26.06x |
| 2025-12-10 | 26.37x |
| 2025-12-09 | 24.32x |
| 2025-12-08 | 24.64x |
| 2025-12-05 | 24.42x |
| 2025-12-04 | 24.44x |
| 2025-12-03 | 23.66x |
| 2025-12-02 | 24.00x |
| 2025-12-01 | 23.44x |
| 2025-11-28 | 23.62x |
| 2025-11-26 | 23.61x |
| 2025-11-25 | 22.55x |
| 2025-11-24 | 22.74x |
| 2025-11-21 | 22.06x |
| 2025-11-20 | 21.32x |
| 2025-11-19 | 21.60x |
| 2025-11-18 | 22.08x |
| 2025-11-17 | 22.05x |
| 2025-11-14 | 23.68x |
| 2025-11-13 | 23.71x |
| 2025-11-12 | 24.68x |
| 2025-11-11 | 24.40x |
| 2025-11-10 | 24.97x |
| 2025-11-07 | 25.55x |
| 2025-11-06 | 25.91x |
| 2025-11-05 | 26.37x |
| 2025-11-04 | 26.70x |
| 2025-11-03 | 27.49x |
| 2025-10-31 | 27.76x |
| 2025-10-30 | 27.62x |
| 2025-10-29 | 27.99x |
| 2025-10-28 | 28.18x |
| 2025-10-27 | 27.79x |
| 2025-10-24 | 27.27x |
| 2025-10-23 | 26.64x |
| 2025-10-22 | 26.05x |
| 2025-10-21 | 25.94x |
| 2025-10-20 | 25.72x |
| 2025-10-17 | 25.97x |
| 2025-10-16 | 26.22x |
| 2025-10-15 | 26.56x |
| 2025-10-14 | 25.85x |
| 2025-10-13 | 26.52x |
| 2025-10-10 | 26.11x |
| 2025-10-09 | 26.89x |
| 2025-10-08 | 28.13x |
| 2025-10-07 | 26.15x |
| 2025-10-06 | 25.41x |
| 2025-10-03 | 24.69x |
| 2025-10-02 | 25.65x |
| 2025-10-01 | 25.98x |
| 2025-09-30 | 24.84x |
| 2025-09-29 | 23.70x |
| 2025-09-26 | 23.25x |
| 2025-09-25 | 23.28x |
| 2025-09-24 | 23.44x |
| 2025-09-23 | 23.76x |
| 2025-09-22 | 23.96x |
| 2025-09-19 | 23.42x |
| 2025-09-18 | 23.44x |
| 2025-09-17 | 23.19x |
| 2025-09-16 | 22.80x |
| 2025-09-15 | 22.68x |
| 2025-09-12 | 22.42x |
| 2025-09-11 | 22.47x |
| 2025-09-10 | 22.34x |
| 2025-09-09 | 21.88x |
| 2025-09-08 | 29.43x |
| 2025-09-05 | 29.78x |
| 2025-09-04 | 30.14x |
| 2025-09-03 | 29.63x |
| 2025-09-02 | 29.04x |
| 2025-08-29 | 29.27x |
Showing the most recent 260 of 2,531 data points. The chart above shows the full history.