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 26.10x is 29% above its estimated 5-year average of 20.31x, around the middle of its estimated 5-year range (10.09x–35.18x).
As of 2026-09-26T00:15:41.028Z. 25.19% above its estimated 12-month average of 20.85x.
Calculation as of: 2026-09-26T00:15:41.028Z.
Quote observation: 2026-09-25T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: d11bd6014c51ff39f57781dc4a396c363117c8a3ee6656185d1e516709bf1d1f
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
26.10x
EV/FCF RATIO AVG TTM
20.85x
EV/FCF RATIO AVG 3Y
22.86x
EV/FCF RATIO AVG 5Y
20.31x
EV/FCF RATIO AVG 10Y
19.65x
EV/FCF RATIO AVG 15Y
19.97x
EV/FCF RATIO AVG 20Y
19.02x
CURRENT VS TTM AVG
+25.19%
CURRENT VS 3Y AVG
+14.16%
CURRENT VS 5Y AVG
+28.52%
CURRENT VS 10Y AVG
+32.83%
CURRENT VS 15Y AVG
+30.71%
CURRENT VS 20Y AVG
+37.20%
SECTOR MEDIAN · HEALTHCARE
25.06x
median of 80 covered companies
CURRENT VS SECTOR MEDIAN
+4.13%
vs the sector median at left
Quest Diagnostics Incorporated
Market Cap
$26.08B
EV/FCF Ratio
26.10x
TTM Avg
20.85x
3Y Avg
22.86x
5Y Avg
20.31x
Market Cap
$26.06B
EV/FCF Ratio
59.36x
TTM Avg
49.75x
3Y Avg
58.27x
5Y Avg
62.79x
Market Cap
$25.39B
EV/FCF Ratio
27.71x
TTM Avg
22.63x
3Y Avg
25.77x
5Y Avg
21.09x
Market Cap
$25.11B
EV/FCF Ratio
11.02x
TTM Avg
13.61x
3Y Avg
96.06x
5Y Avg
64.99x
Market Cap
$30.10B
EV/FCF Ratio
42.55x
TTM Avg
29.47x
3Y Avg
27.72x
5Y Avg
27.20x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Quest Diagnostics Incorporated (DGX) | $26.08B | 26.10x | 20.85x | 22.86x | 20.31x |
| West Pharmaceutical Services, Inc. (WST)vs › | $26.06B | 59.36x | 49.75x | 58.27x | 62.79x |
| Labcorp Holdings Inc. (LH)vs › | $25.39B | 27.71x | 22.63x | 25.77x | 21.09x |
| Incyte Corporation (INCY)vs › | $25.11B | 11.02x | 13.61x | 96.06x | 64.99x |
| BioNTech SE (BNTX)vs › | $24.75B | 22.61x | 18.55x | 8.07x | 11.48x |
| Medline Inc. (MDLN)vs › | $29.34B | 29.55x | 25.69x | 25.69x | 25.69x |
| Zoetis Inc. (ZTS)vs › | $29.79B | 15.87x | 24.44x | 38.29x | 46.28x |
| GE HealthCare Technologies Inc. (GEHC)vs › | $30.10B | 42.55x | 29.47x | 27.72x | 27.20x |
| Centene Corp. (CNC)vs › | $30.53B | 2.51x | 6.56x | 24.55x | 18.52x |
| Mettler-Toledo International Inc. (MTD)vs › | $30.55B | 37.74x | 34.44x | 33.39x | 37.69x |
EV/FCF
26.1x
P/FCF
21.4x
FCF Yield
4.68%
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 | 26.29x |
| 2026-09-10 | 25.94x |
| 2026-09-09 | 26.33x |
| 2026-09-08 | 26.34x |
| 2026-09-04 | 26.49x |
| 2026-09-03 | 26.70x |
| 2026-09-02 | 26.83x |
| 2026-09-01 | 26.40x |
| 2026-08-31 | 26.78x |
| 2026-08-28 | 27.01x |
| 2026-08-27 | 27.17x |
| 2026-08-26 | 27.21x |
| 2026-08-25 | 27.17x |
| 2026-08-24 | 27.11x |
| 2026-08-21 | 27.15x |
| 2026-08-20 | 26.87x |
| 2026-08-19 | 26.91x |
| 2026-08-18 | 26.41x |
| 2026-08-17 | 26.34x |
| 2026-08-14 | 26.24x |
| 2026-08-13 | 26.39x |
| 2026-08-12 | 26.55x |
| 2026-08-11 | 26.52x |
| 2026-08-10 | 26.53x |
| 2026-08-07 | 26.60x |
| 2026-08-06 | 26.61x |
| 2026-08-05 | 26.37x |
| 2026-08-04 | 26.18x |
| 2026-08-03 | 26.01x |
| 2026-07-31 | 26.11x |
| 2026-07-30 | 26.23x |
| 2026-07-29 | 26.31x |
| 2026-07-28 | 26.38x |
| 2026-07-27 | 26.00x |
| 2026-07-24 | 25.64x |
| 2026-07-23 | 24.22x |
| 2026-07-22 | 22.69x |
| 2026-07-21 | 22.44x |
| 2026-07-20 | 22.51x |
| 2026-07-17 | 22.76x |
| 2026-07-16 | 22.66x |
| 2026-07-15 | 22.01x |
| 2026-07-14 | 22.37x |
| 2026-07-13 | 22.48x |
| 2026-07-10 | 22.49x |
| 2026-07-09 | 22.54x |
| 2026-07-08 | 22.55x |
| 2026-07-07 | 22.91x |
| 2026-07-06 | 23.00x |
| 2026-07-02 | 23.19x |
| 2026-07-01 | 23.21x |
| 2026-06-30 | 22.87x |
| 2026-06-29 | 22.93x |
| 2026-06-26 | 22.69x |
| 2026-06-25 | 22.39x |
| 2026-06-24 | 22.12x |
| 2026-06-23 | 21.62x |
| 2026-06-22 | 21.32x |
| 2026-06-18 | 21.44x |
| 2026-06-17 | 21.67x |
| 2026-06-16 | 21.95x |
| 2026-06-15 | 22.04x |
| 2026-06-12 | 22.12x |
| 2026-06-11 | 22.18x |
| 2026-06-10 | 22.18x |
| 2026-06-09 | 22.24x |
| 2026-06-08 | 21.62x |
| 2026-06-05 | 21.88x |
| 2026-06-04 | 21.53x |
| 2026-06-03 | 21.33x |
| 2026-06-02 | 21.28x |
| 2026-06-01 | 21.20x |
| 2026-05-29 | 21.43x |
| 2026-05-28 | 21.54x |
| 2026-05-27 | 21.35x |
| 2026-05-26 | 21.26x |
| 2026-05-22 | 21.46x |
| 2026-05-21 | 21.34x |
| 2026-05-20 | 21.33x |
| 2026-05-19 | 21.05x |
| 2026-05-18 | 21.00x |
| 2026-05-15 | 20.73x |
| 2026-05-14 | 20.84x |
| 2026-05-13 | 21.09x |
| 2026-05-12 | 21.03x |
| 2026-05-11 | 21.00x |
| 2026-05-08 | 20.80x |
| 2026-05-07 | 21.09x |
| 2026-05-06 | 20.94x |
| 2026-05-05 | 21.09x |
| 2026-05-04 | 21.14x |
| 2026-05-01 | 21.24x |
| 2026-04-30 | 21.37x |
| 2026-04-29 | 20.96x |
| 2026-04-28 | 21.44x |
| 2026-04-27 | 21.58x |
| 2026-04-24 | 21.55x |
| 2026-04-23 | 21.82x |
| 2026-04-22 | 21.59x |
| 2026-04-21 | 21.68x |
| 2026-04-20 | 20.96x |
| 2026-04-17 | 20.85x |
| 2026-04-16 | 20.56x |
| 2026-04-15 | 20.56x |
| 2026-04-14 | 20.78x |
| 2026-04-13 | 20.68x |
| 2026-04-10 | 20.57x |
| 2026-04-09 | 21.09x |
| 2026-04-08 | 21.17x |
| 2026-04-07 | 21.00x |
| 2026-04-06 | 21.18x |
| 2026-04-02 | 21.10x |
| 2026-04-01 | 21.07x |
| 2026-03-31 | 20.93x |
| 2026-03-30 | 21.03x |
| 2026-03-27 | 20.89x |
| 2026-03-26 | 21.11x |
| 2026-03-25 | 20.97x |
| 2026-03-24 | 20.94x |
| 2026-03-23 | 20.90x |
| 2026-03-20 | 20.87x |
| 2026-03-19 | 20.78x |
| 2026-03-18 | 20.87x |
| 2026-03-17 | 21.15x |
| 2026-03-16 | 21.18x |
| 2026-03-13 | 21.24x |
| 2026-03-12 | 21.34x |
| 2026-03-11 | 21.31x |
| 2026-03-10 | 21.34x |
| 2026-03-09 | 21.40x |
| 2026-03-06 | 21.20x |
| 2026-03-05 | 21.59x |
| 2026-03-04 | 21.96x |
| 2026-03-03 | 21.95x |
| 2026-03-02 | 22.11x |
| 2026-02-27 | 22.25x |
| 2026-02-26 | 21.40x |
| 2026-02-25 | 21.13x |
| 2026-02-24 | 21.27x |
| 2026-02-23 | 21.10x |
| 2026-02-20 | 20.69x |
| 2026-02-19 | 20.69x |
| 2026-02-18 | 20.85x |
| 2026-02-17 | 20.94x |
| 2026-02-13 | 21.05x |
| 2026-02-12 | 21.05x |
| 2026-02-11 | 21.25x |
| 2026-02-10 | 20.93x |
| 2026-02-09 | 19.79x |
| 2026-02-06 | 19.74x |
| 2026-02-05 | 19.87x |
| 2026-02-04 | 19.62x |
| 2026-02-03 | 19.29x |
| 2026-02-02 | 19.28x |
| 2026-01-30 | 19.44x |
| 2026-01-29 | 19.06x |
| 2026-01-28 | 19.10x |
| 2026-01-27 | 19.22x |
| 2026-01-26 | 19.08x |
| 2026-01-23 | 18.96x |
| 2026-01-22 | 19.05x |
| 2026-01-21 | 19.25x |
| 2026-01-20 | 19.60x |
| 2026-01-16 | 19.64x |
| 2026-01-15 | 19.71x |
| 2026-01-14 | 19.42x |
| 2026-01-13 | 18.87x |
| 2026-01-12 | 18.54x |
| 2026-01-09 | 18.42x |
| 2026-01-08 | 18.69x |
| 2026-01-07 | 18.72x |
| 2026-01-06 | 18.91x |
| 2026-01-05 | 18.34x |
| 2026-01-02 | 18.37x |
| 2025-12-31 | 18.35x |
| 2025-12-30 | 18.51x |
| 2025-12-29 | 18.51x |
| 2025-12-26 | 18.54x |
| 2025-12-24 | 18.54x |
| 2025-12-23 | 18.47x |
| 2025-12-22 | 18.58x |
| 2025-12-19 | 18.55x |
| 2025-12-18 | 18.56x |
| 2025-12-17 | 18.80x |
| 2025-12-16 | 18.76x |
| 2025-12-15 | 19.21x |
| 2025-12-12 | 19.08x |
| 2025-12-11 | 19.00x |
| 2025-12-10 | 18.83x |
| 2025-12-09 | 18.84x |
| 2025-12-08 | 19.02x |
| 2025-12-05 | 19.08x |
| 2025-12-04 | 19.21x |
| 2025-12-03 | 19.08x |
| 2025-12-02 | 19.08x |
| 2025-12-01 | 19.18x |
| 2025-11-28 | 19.62x |
| 2025-11-26 | 19.66x |
| 2025-11-25 | 19.87x |
| 2025-11-24 | 19.73x |
| 2025-11-21 | 19.79x |
| 2025-11-20 | 19.49x |
| 2025-11-19 | 19.36x |
| 2025-11-18 | 19.30x |
| 2025-11-17 | 19.38x |
| 2025-11-14 | 19.44x |
| 2025-11-13 | 19.49x |
| 2025-11-12 | 19.43x |
| 2025-11-11 | 19.59x |
| 2025-11-10 | 19.22x |
| 2025-11-07 | 18.83x |
| 2025-11-06 | 18.59x |
| 2025-11-05 | 18.73x |
| 2025-11-04 | 18.71x |
| 2025-11-03 | 18.78x |
| 2025-10-31 | 18.54x |
| 2025-10-30 | 18.53x |
| 2025-10-29 | 18.45x |
| 2025-10-28 | 18.73x |
| 2025-10-27 | 18.89x |
| 2025-10-24 | 19.05x |
| 2025-10-23 | 19.13x |
| 2025-10-22 | 18.97x |
| 2025-10-21 | 22.00x |
| 2025-10-20 | 22.53x |
| 2025-10-17 | 22.45x |
| 2025-10-16 | 22.20x |
| 2025-10-15 | 22.25x |
| 2025-10-14 | 22.07x |
| 2025-10-13 | 21.83x |
| 2025-10-10 | 21.95x |
| 2025-10-09 | 21.71x |
| 2025-10-08 | 21.65x |
| 2025-10-07 | 21.75x |
| 2025-10-06 | 21.43x |
| 2025-10-03 | 21.51x |
| 2025-10-02 | 21.66x |
| 2025-10-01 | 21.76x |
| 2025-09-30 | 22.55x |
| 2025-09-29 | 22.39x |
| 2025-09-26 | 22.40x |
| 2025-09-25 | 22.07x |
| 2025-09-24 | 22.20x |
| 2025-09-23 | 22.22x |
| 2025-09-22 | 22.01x |
| 2025-09-19 | 21.91x |
| 2025-09-18 | 21.88x |
| 2025-09-17 | 21.78x |
| 2025-09-16 | 21.59x |
| 2025-09-15 | 21.63x |
| 2025-09-12 | 21.84x |
| 2025-09-11 | 21.89x |
| 2025-09-10 | 21.59x |
| 2025-09-09 | 21.82x |
| 2025-09-08 | 21.81x |
| 2025-09-05 | 21.89x |
| 2025-09-04 | 21.58x |
| 2025-09-03 | 21.53x |
| 2025-09-02 | 21.45x |
| 2025-08-29 | 21.72x |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
