Basis: Four-quarter operating cash flow / FMP quote market capitalization × 100. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating cash flow yield high or low?
The operating cash flow yield of 3.51% is 60% above its estimated 5-year average of 2.20%, near the high end of its estimated 5-year range (0.93%–3.53%).
As of 2026-10-03T22:42:11.590Z. 18.28% above its estimated 12-month average of 2.97%.
Calculation as of: 2026-10-03T22:42:11.590Z.
Quote observation: 2026-10-02T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 9096bcebc6dec19cd196dd56dc12bf22ab5dd31cfa745d5ad7acf9d1f9e06ce1
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 2026-10-02.
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.
OPERATING CASH FLOW YIELD
3.51%
OPERATING CASH FLOW YIELD AVG TTM
2.97%
OPERATING CASH FLOW YIELD AVG 3Y
1.94%
OPERATING CASH FLOW YIELD AVG 5Y
2.20%
OPERATING CASH FLOW YIELD AVG 10Y
2.45%
OPERATING CASH FLOW YIELD AVG 15Y
2.57%
OPERATING CASH FLOW YIELD AVG 20Y
3.34%
CURRENT VS TTM AVG
+18.28%
CURRENT VS 3Y AVG
+81.05%
CURRENT VS 5Y AVG
+59.74%
CURRENT VS 10Y AVG
+43.37%
CURRENT VS 15Y AVG
+36.33%
CURRENT VS 20Y AVG
+4.97%
SECTOR MEDIAN · HEALTHCARE
6.38%
median of 88 covered companies
CURRENT VS SECTOR MEDIAN
-45.03%
vs the sector median at left
Edwards Lifesciences Corporation
Market Cap
$49.03B
Operating Cash Flow Yield
3.51%
TTM Avg
2.97%
3Y Avg
1.94%
5Y Avg
2.20%
Market Cap
$48.72B
Operating Cash Flow Yield
6.84%
TTM Avg
7.79%
3Y Avg
7.21%
5Y Avg
6.54%
Market Cap
$47.38B
Operating Cash Flow Yield
3.40%
TTM Avg
3.89%
3Y Avg
4.43%
5Y Avg
4.06%
Market Cap
$46.63B
Operating Cash Flow Yield
0.32%
TTM Avg
4.83%
3Y Avg
8.01%
5Y Avg
8.88%
Market Cap
$46.04B
Operating Cash Flow Yield
4.12%
TTM Avg
4.23%
3Y Avg
6.84%
5Y Avg
8.74%
Market Cap
$53.47B
Operating Cash Flow Yield
9.68%
TTM Avg
10.06%
3Y Avg
9.48%
5Y Avg
11.26%
Market Cap
$42.50B
Operating Cash Flow Yield
6.63%
TTM Avg
7.87%
3Y Avg
7.10%
5Y Avg
6.65%
Market Cap
$41.75B
Operating Cash Flow Yield
1.32%
TTM Avg
2.58%
3Y Avg
3.20%
5Y Avg
3.36%
Market Cap
$41.31B
Operating Cash Flow Yield
2.65%
TTM Avg
5.04%
3Y Avg
4.28%
5Y Avg
3.05%
| NAME | MARKET CAP | OPERATING CASH FLOW YIELD | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Edwards Lifesciences Corporation (EW) | $49.03B | 3.51% | 2.97% | 1.94% | 2.20% |
| Becton, Dickinson and Company (BDX)vs › | $48.72B | 6.84% | 7.79% | 7.21% | 6.54% |
| Agilent Technologies, Inc. (A)vs › | $47.38B | 3.40% | 3.89% | 4.43% | 4.06% |
| Humana Inc. (HUM)vs › | $46.63B | 0.32% | 4.83% | 8.01% | 8.88% |
| Teva Pharmaceutical Industries Limited (TEVA)vs › | $46.04B | 4.12% | 4.23% | 6.84% | 8.74% |
| Cardinal Health, Inc. (CAH)vs › | $53.47B | 9.68% | 10.06% | 9.48% | 11.26% |
| IQVIA Holdings Inc. (IQV)vs › | $42.50B | 6.63% | 7.87% | 7.10% | 6.65% |
| Waters Corporation (WAT)vs › | $41.75B | 1.32% | 2.58% | 3.20% | 3.36% |
| Illumina, Inc. (ILMN)vs › | $41.31B | 2.65% | 5.04% | 4.28% | 3.05% |
| IDEXX Laboratories, Inc. (IDXX)vs › | $40.89B | 3.34% | 2.42% | 2.30% | 2.07% |
OCF Yield = TTM Operating Cash Flow / Market Cap
Operating cash flow yield is the inverse of P/OCF, expressing trailing operating cash flow as a percentage of price. It sits between earnings yield (before non-cash accrual effects) and FCF yield (before capital expenditure).
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | OPERATING CASH FLOW YIELD |
|---|---|
| 2026-10-02 | 3.50% |
| 2026-10-01 | 3.50% |
| 2026-09-30 | 3.45% |
| 2026-09-29 | 3.38% |
| 2026-09-28 | 3.43% |
| 2026-09-25 | 3.45% |
| 2026-09-24 | 3.47% |
| 2026-09-23 | 3.43% |
| 2026-09-22 | 3.35% |
| 2026-09-21 | 3.37% |
| 2026-09-18 | 3.37% |
| 2026-09-17 | 3.37% |
| 2026-09-16 | 3.34% |
| 2026-09-15 | 3.47% |
| 2026-09-14 | 3.48% |
| 2026-09-11 | 3.53% |
| 2026-09-10 | 3.43% |
| 2026-09-09 | 3.46% |
| 2026-09-08 | 3.43% |
| 2026-09-04 | 3.31% |
| 2026-09-03 | 3.32% |
| 2026-09-02 | 3.28% |
| 2026-09-01 | 3.28% |
| 2026-08-31 | 3.28% |
| 2026-08-28 | 3.30% |
| 2026-08-27 | 3.31% |
| 2026-08-26 | 3.28% |
| 2026-08-25 | 3.28% |
| 2026-08-24 | 3.29% |
| 2026-08-21 | 3.32% |
| 2026-08-20 | 3.32% |
| 2026-08-19 | 3.23% |
| 2026-08-18 | 3.27% |
| 2026-08-17 | 3.28% |
| 2026-08-14 | 3.25% |
| 2026-08-13 | 3.22% |
| 2026-08-12 | 3.20% |
| 2026-08-11 | 3.18% |
| 2026-08-10 | 3.24% |
| 2026-08-07 | 3.32% |
| 2026-08-06 | 3.33% |
| 2026-08-05 | 3.35% |
| 2026-08-04 | 2.61% |
| 2026-08-03 | 2.63% |
| 2026-07-31 | 2.72% |
| 2026-07-30 | 2.69% |
| 2026-07-29 | 2.73% |
| 2026-07-28 | 2.80% |
| 2026-07-27 | 2.82% |
| 2026-07-24 | 2.83% |
| 2026-07-23 | 2.79% |
| 2026-07-22 | 2.77% |
| 2026-07-21 | 2.77% |
| 2026-07-20 | 2.75% |
| 2026-07-17 | 2.73% |
| 2026-07-16 | 2.66% |
| 2026-07-15 | 2.68% |
| 2026-07-14 | 2.60% |
| 2026-07-13 | 2.55% |
| 2026-07-10 | 2.54% |
| 2026-07-09 | 2.56% |
| 2026-07-08 | 2.50% |
| 2026-07-07 | 2.47% |
| 2026-07-06 | 2.46% |
| 2026-07-02 | 2.48% |
| 2026-07-01 | 2.54% |
| 2026-06-30 | 2.59% |
| 2026-06-29 | 2.57% |
| 2026-06-26 | 2.58% |
| 2026-06-25 | 2.61% |
| 2026-06-24 | 2.61% |
| 2026-06-23 | 2.69% |
| 2026-06-22 | 2.72% |
| 2026-06-18 | 2.68% |
| 2026-06-17 | 2.70% |
| 2026-06-16 | 2.64% |
| 2026-06-15 | 2.71% |
| 2026-06-12 | 2.75% |
| 2026-06-11 | 2.73% |
| 2026-06-10 | 2.72% |
| 2026-06-09 | 2.67% |
| 2026-06-08 | 2.73% |
| 2026-06-05 | 2.72% |
| 2026-06-04 | 2.68% |
| 2026-06-03 | 2.72% |
| 2026-06-02 | 2.67% |
| 2026-06-01 | 2.65% |
| 2026-05-29 | 2.71% |
| 2026-05-28 | 2.72% |
| 2026-05-27 | 2.70% |
| 2026-05-26 | 2.67% |
| 2026-05-22 | 2.73% |
| 2026-05-21 | 2.81% |
| 2026-05-20 | 2.82% |
| 2026-05-19 | 2.85% |
| 2026-05-18 | 2.84% |
| 2026-05-15 | 2.87% |
| 2026-05-14 | 2.88% |
| 2026-05-13 | 2.87% |
| 2026-05-12 | 2.93% |
| 2026-05-11 | 3.03% |
| 2026-05-08 | 2.93% |
| 2026-05-07 | 2.83% |
| 2025-08-06 | 1.17% |
| 2025-08-05 | 1.16% |
| 2025-08-04 | 1.15% |
| 2025-08-01 | 1.16% |
| 2025-07-31 | 1.16% |
| 2025-07-30 | 1.13% |
| 2025-07-29 | 1.14% |
| 2025-07-28 | 1.17% |
| 2025-07-25 | 1.15% |
| 2025-07-24 | 1.21% |
| 2025-07-23 | 1.19% |
| 2025-07-22 | 1.20% |
| 2025-07-21 | 1.20% |
| 2025-07-18 | 1.20% |
| 2025-07-17 | 1.21% |
| 2025-07-16 | 1.21% |
| 2025-07-15 | 1.20% |
| 2025-07-14 | 1.17% |
| 2025-07-11 | 1.18% |
| 2025-07-10 | 1.17% |
| 2025-07-09 | 1.19% |
| 2025-07-08 | 1.20% |
| 2025-07-07 | 1.20% |
| 2025-07-03 | 1.20% |
| 2025-07-02 | 1.19% |
| 2025-07-01 | 1.19% |
| 2025-06-30 | 1.17% |
| 2025-06-27 | 1.17% |
| 2025-06-26 | 1.19% |
| 2025-06-25 | 1.19% |
| 2025-06-24 | 1.21% |
| 2025-06-23 | 1.22% |
| 2025-06-20 | 1.24% |
| 2025-06-18 | 1.24% |
| 2025-06-17 | 1.25% |
| 2025-06-16 | 1.23% |
| 2025-06-13 | 1.22% |
| 2025-06-12 | 1.21% |
| 2025-06-11 | 1.22% |
| 2025-06-10 | 1.21% |
| 2025-06-09 | 1.20% |
| 2025-06-06 | 1.18% |
| 2025-06-05 | 1.18% |
| 2025-06-04 | 1.18% |
| 2025-06-03 | 1.18% |
| 2025-06-02 | 1.18% |
| 2025-05-30 | 1.17% |
| 2025-05-29 | 1.18% |
| 2025-05-28 | 1.20% |
| 2025-05-27 | 1.20% |
| 2025-05-23 | 1.22% |
| 2025-05-22 | 1.23% |
| 2025-05-21 | 1.21% |
| 2025-05-20 | 1.18% |
| 2025-05-19 | 1.18% |
| 2025-05-16 | 1.18% |
| 2025-05-15 | 1.19% |
| 2025-05-14 | 1.20% |
| 2025-05-13 | 1.22% |
| 2025-05-12 | 1.23% |
| 2025-05-09 | 1.25% |
| 2025-05-08 | 1.23% |
| 2025-05-07 | 1.22% |
| 2025-05-06 | 1.23% |
| 2025-05-05 | 1.22% |
| 2025-05-02 | 1.21% |
| 2025-05-01 | 1.22% |
| 2025-04-30 | 1.22% |
| 2025-04-29 | 1.20% |
| 2025-04-28 | 1.22% |
| 2025-04-25 | 1.21% |
| 2025-04-24 | 1.22% |
| 2025-04-23 | 1.30% |
| 2025-04-22 | 1.30% |
| 2025-04-21 | 1.33% |
| 2025-04-17 | 1.28% |
| 2025-04-16 | 1.29% |
| 2025-04-15 | 1.30% |
| 2025-04-14 | 1.31% |
| 2025-04-11 | 1.32% |
| 2025-04-10 | 1.35% |
| 2025-04-09 | 1.31% |
| 2025-04-08 | 1.37% |
| 2025-04-07 | 1.33% |
| 2025-04-04 | 1.32% |
| 2025-04-03 | 1.26% |
| 2025-04-02 | 1.27% |
| 2025-04-01 | 1.28% |
| 2025-03-31 | 1.27% |
| 2025-03-28 | 1.30% |
| 2025-03-27 | 1.29% |
| 2025-03-26 | 1.29% |
| 2025-03-25 | 1.29% |
| 2025-03-24 | 1.29% |
| 2025-03-21 | 1.30% |
| 2025-03-20 | 1.29% |
| 2025-03-19 | 1.30% |
| 2025-03-18 | 1.31% |
| 2025-03-17 | 1.30% |
| 2025-03-14 | 1.33% |
| 2025-03-13 | 1.35% |
| 2025-03-12 | 1.34% |
| 2025-03-11 | 1.34% |
| 2025-03-10 | 1.34% |
| 2025-03-07 | 1.31% |
| 2025-03-06 | 1.28% |
| 2025-03-05 | 1.26% |
| 2025-03-04 | 1.29% |
| 2025-03-03 | 1.29% |
| 2025-02-28 | 1.88% |
| 2025-02-27 | 1.89% |
| 2025-02-26 | 1.87% |
| 2025-02-25 | 1.89% |
| 2025-02-24 | 1.85% |
| 2025-02-21 | 1.84% |
| 2025-02-20 | 1.80% |
| 2025-02-19 | 1.81% |
| 2025-02-18 | 1.78% |
| 2025-02-14 | 1.77% |
| 2025-02-13 | 1.77% |
| 2025-02-12 | 1.78% |
| 2025-02-11 | 1.90% |
| 2025-02-10 | 1.90% |
| 2025-02-07 | 1.92% |
| 2025-02-06 | 1.90% |
| 2025-02-05 | 1.87% |
| 2025-02-04 | 1.89% |
| 2025-02-03 | 1.89% |
| 2025-01-31 | 1.86% |
| 2025-01-30 | 1.84% |
| 2025-01-29 | 1.90% |
| 2025-01-28 | 1.86% |
| 2025-01-27 | 1.95% |
| 2025-01-24 | 1.95% |
| 2025-01-23 | 1.96% |
| 2025-01-22 | 1.95% |
| 2025-01-21 | 1.93% |
| 2025-01-17 | 1.93% |
| 2025-01-16 | 1.93% |
| 2025-01-15 | 1.92% |
| 2025-01-14 | 1.90% |
| 2025-01-13 | 1.90% |
| 2025-01-10 | 1.84% |
| 2025-01-08 | 1.82% |
| 2025-01-07 | 1.83% |
| 2025-01-06 | 1.83% |
| 2025-01-03 | 1.82% |
| 2025-01-02 | 1.86% |
| 2024-12-31 | 1.82% |
| 2024-12-30 | 1.82% |
| 2024-12-27 | 1.78% |
| 2024-12-26 | 1.78% |
| 2024-12-24 | 1.79% |
| 2024-12-23 | 1.80% |
| 2024-12-20 | 1.80% |
| 2024-12-19 | 1.82% |
| 2024-12-18 | 1.85% |
Showing the most recent 260 of 4,844 data points. The chart above shows the full history.