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 9.09x is 43% below its estimated 5-year average of 15.90x, near the low end of its estimated 5-year range (5.85x–7968.34x).
As of 2026-09-24T00:15:48.471Z. 44.75% below its estimated 12-month average of 16.45x.
Calculation as of: 2026-09-24T00:15:48.471Z.
Quote observation: 2026-09-23T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 3b7032d1714ab1eafae2970286bd376c63079e8fdc76a4470edf2981d8c235c2
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
9.09x
EV/FCF RATIO AVG TTM
16.45x
EV/FCF RATIO AVG 3Y
32.12x
EV/FCF RATIO AVG 5Y
15.90x
EV/FCF RATIO AVG 10Y
N/A
EV/FCF RATIO AVG 15Y
N/A
EV/FCF RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-44.75%
CURRENT VS 3Y AVG
-71.70%
CURRENT VS 5Y AVG
-42.82%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
18.23x
median of 46 covered companies
CURRENT VS SECTOR MEDIAN
-50.14%
vs the sector median at left
Expand Energy Corporation
Market Cap
$20.15B
EV/FCF Ratio
9.09x
TTM Avg
16.45x
3Y Avg
32.12x
5Y Avg
15.90x
Market Cap
$23.16B
EV/FCF Ratio
43.52x
TTM Avg
53.60x
3Y Avg
53.54x
5Y Avg
46.96x
Market Cap
$26.65B
EV/FCF Ratio
24.44x
TTM Avg
22.29x
3Y Avg
21.37x
5Y Avg
20.40x
Market Cap
$27.58B
EV/FCF Ratio
19.55x
TTM Avg
19.22x
3Y Avg
16.74x
5Y Avg
24.94x
Market Cap
$10.15B
EV/FCF Ratio
17.88x
TTM Avg
13.91x
3Y Avg
17.11x
5Y Avg
19.55x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Expand Energy Corporation (EXE) | $20.15B | 9.09x | 16.45x | 32.12x | 15.90x |
| First Solar, Inc. (FSLR)vs › | $20.63B | 12.76x | 24.79x | 24.79x | 24.79x |
| Texas Pacific Land Corporation (TPL)vs › | $23.16B | 43.52x | 53.60x | 53.54x | 46.96x |
| APA Corporation (APA)vs › | $15.45B | 8.96x | 9.00x | 14.35x | 12.15x |
| Pembina Pipeline Corporation (PBA)vs › | $26.65B | 24.44x | 22.29x | 21.37x | 20.40x |
| Halliburton Company (HAL)vs › | $27.58B | 19.55x | 19.22x | 16.74x | 24.94x |
| Nextpower Inc. (NXT)vs › | $12.41B | 20.32x | 26.41x | 19.65x | 23.83x |
| Tenaris S.A. (TS)vs › | $29.92B | 17.20x | 13.99x | 9.01x | 229.52x |
| Antero Midstream Corporation (AM)vs › | $10.15B | 17.88x | 13.91x | 17.11x | 19.55x |
| EQT Corporation (EQT)vs › | $31.95B | 9.95x | 14.39x | 30.42x | 33.41x |
EV/FCF
9.1x
P/FCF
7.9x
FCF Yield
12.62%
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 | 10.06x |
| 2026-09-10 | 10.25x |
| 2026-09-09 | 10.23x |
| 2026-09-08 | 10.37x |
| 2026-09-04 | 10.35x |
| 2026-09-03 | 10.45x |
| 2026-09-02 | 10.48x |
| 2026-09-01 | 10.54x |
| 2026-08-31 | 10.37x |
| 2026-08-28 | 10.37x |
| 2026-08-27 | 10.36x |
| 2026-08-26 | 10.22x |
| 2026-08-25 | 10.04x |
| 2026-08-24 | 10.20x |
| 2026-08-21 | 10.18x |
| 2026-08-20 | 10.17x |
| 2026-08-19 | 10.17x |
| 2026-08-18 | 10.12x |
| 2026-08-17 | 10.00x |
| 2026-08-14 | 10.05x |
| 2026-08-13 | 10.04x |
| 2026-08-12 | 10.19x |
| 2026-08-11 | 10.38x |
| 2026-08-10 | 10.31x |
| 2026-08-07 | 9.87x |
| 2026-08-06 | 9.79x |
| 2026-08-05 | 9.68x |
| 2026-08-04 | 9.89x |
| 2026-08-03 | 10.04x |
| 2026-07-31 | 9.98x |
| 2026-07-30 | 9.83x |
| 2026-07-29 | 9.84x |
| 2026-07-28 | 8.43x |
| 2026-07-27 | 8.60x |
| 2026-07-24 | 8.68x |
| 2026-07-23 | 8.70x |
| 2026-07-22 | 8.82x |
| 2026-07-21 | 8.44x |
| 2026-07-20 | 8.30x |
| 2026-07-17 | 8.40x |
| 2026-07-16 | 8.40x |
| 2026-07-15 | 8.36x |
| 2026-07-14 | 8.37x |
| 2026-07-13 | 8.31x |
| 2026-07-10 | 8.33x |
| 2026-07-09 | 8.47x |
| 2026-07-08 | 8.57x |
| 2026-07-07 | 8.52x |
| 2026-07-06 | 8.46x |
| 2026-07-02 | 8.62x |
| 2026-07-01 | 8.52x |
| 2026-06-30 | 8.66x |
| 2026-06-29 | 8.35x |
| 2026-06-26 | 8.43x |
| 2026-06-25 | 8.43x |
| 2026-06-24 | 8.44x |
| 2026-06-23 | 8.45x |
| 2026-06-22 | 8.43x |
| 2026-06-18 | 8.30x |
| 2026-06-17 | 8.34x |
| 2026-06-16 | 8.42x |
| 2026-06-15 | 8.38x |
| 2026-06-12 | 8.45x |
| 2026-06-11 | 8.31x |
| 2026-06-10 | 8.44x |
| 2026-06-09 | 8.45x |
| 2026-06-08 | 8.59x |
| 2026-06-05 | 8.73x |
| 2026-06-04 | 8.84x |
| 2026-06-03 | 8.65x |
| 2026-06-02 | 8.69x |
| 2026-06-01 | 8.73x |
| 2026-05-29 | 8.81x |
| 2026-05-28 | 8.86x |
| 2026-05-27 | 8.78x |
| 2026-05-26 | 8.94x |
| 2026-05-22 | 9.22x |
| 2026-05-21 | 9.20x |
| 2026-05-20 | 9.30x |
| 2026-05-19 | 9.47x |
| 2026-05-18 | 9.27x |
| 2026-05-15 | 9.12x |
| 2026-05-14 | 9.12x |
| 2026-05-13 | 9.03x |
| 2026-05-12 | 9.10x |
| 2026-05-11 | 9.12x |
| 2026-05-08 | 9.06x |
| 2026-05-07 | 9.18x |
| 2026-05-06 | 9.14x |
| 2026-05-05 | 9.38x |
| 2026-05-04 | 9.46x |
| 2026-05-01 | 9.41x |
| 2026-04-30 | 9.58x |
| 2026-04-29 | 9.48x |
| 2026-04-28 | 16.25x |
| 2026-04-27 | 16.16x |
| 2026-04-24 | 16.18x |
| 2026-04-23 | 16.16x |
| 2026-04-22 | 16.17x |
| 2026-04-21 | 15.87x |
| 2026-04-20 | 16.04x |
| 2026-04-17 | 16.09x |
| 2026-04-16 | 16.31x |
| 2026-04-15 | 16.13x |
| 2026-04-14 | 16.07x |
| 2026-04-13 | 16.37x |
| 2026-04-10 | 16.54x |
| 2026-04-09 | 16.61x |
| 2026-04-08 | 16.71x |
| 2026-04-07 | 16.96x |
| 2026-04-06 | 17.18x |
| 2026-04-02 | 17.23x |
| 2026-04-01 | 17.53x |
| 2026-03-31 | 18.06x |
| 2026-03-30 | 18.30x |
| 2026-03-27 | 18.59x |
| 2026-03-26 | 18.24x |
| 2026-03-25 | 18.65x |
| 2026-03-24 | 18.05x |
| 2026-03-23 | 17.76x |
| 2026-03-20 | 17.72x |
| 2026-03-19 | 17.81x |
| 2026-03-18 | 17.46x |
| 2026-03-17 | 17.59x |
| 2026-03-16 | 17.77x |
| 2026-03-13 | 17.67x |
| 2026-03-12 | 17.79x |
| 2026-03-11 | 17.89x |
| 2026-03-10 | 17.34x |
| 2026-03-09 | 17.79x |
| 2026-03-06 | 17.65x |
| 2026-03-05 | 17.62x |
| 2026-03-04 | 17.51x |
| 2026-03-03 | 17.81x |
| 2026-03-02 | 17.88x |
| 2026-02-27 | 17.80x |
| 2026-02-26 | 17.57x |
| 2026-02-25 | 17.54x |
| 2026-02-24 | 17.13x |
| 2026-02-23 | 17.13x |
| 2026-02-20 | 17.82x |
| 2026-02-19 | 17.23x |
| 2026-02-18 | 19.27x |
| 2026-02-17 | 19.80x |
| 2026-02-13 | 20.01x |
| 2026-02-12 | 19.91x |
| 2026-02-11 | 19.91x |
| 2026-02-10 | 19.71x |
| 2026-02-09 | 19.88x |
| 2026-02-06 | 21.04x |
| 2026-02-05 | 20.88x |
| 2026-02-04 | 20.85x |
| 2026-02-03 | 20.74x |
| 2026-02-02 | 20.48x |
| 2026-01-30 | 21.38x |
| 2026-01-29 | 20.97x |
| 2026-01-28 | 20.93x |
| 2026-01-27 | 20.79x |
| 2026-01-26 | 21.37x |
| 2026-01-23 | 20.90x |
| 2026-01-22 | 20.90x |
| 2026-01-21 | 20.90x |
| 2026-01-20 | 20.12x |
| 2026-01-16 | 19.33x |
| 2026-01-15 | 19.27x |
| 2026-01-14 | 19.58x |
| 2026-01-13 | 19.83x |
| 2026-01-12 | 19.81x |
| 2026-01-09 | 19.61x |
| 2026-01-08 | 20.05x |
| 2026-01-07 | 20.44x |
| 2026-01-06 | 20.23x |
| 2026-01-05 | 20.46x |
| 2026-01-02 | 20.94x |
| 2025-12-31 | 21.04x |
| 2025-12-30 | 21.31x |
| 2025-12-29 | 21.27x |
| 2025-12-26 | 20.90x |
| 2025-12-24 | 20.85x |
| 2025-12-23 | 21.17x |
| 2025-12-22 | 20.63x |
| 2025-12-19 | 20.78x |
| 2025-12-18 | 20.61x |
| 2025-12-17 | 20.91x |
| 2025-12-16 | 20.42x |
| 2025-12-15 | 21.07x |
| 2025-12-12 | 21.44x |
| 2025-12-11 | 21.69x |
| 2025-12-10 | 22.08x |
| 2025-12-09 | 22.20x |
| 2025-12-08 | 22.47x |
| 2025-12-05 | 23.09x |
| 2025-12-04 | 22.96x |
| 2025-12-03 | 23.09x |
| 2025-12-02 | 22.25x |
| 2025-12-01 | 22.88x |
| 2025-11-28 | 22.93x |
| 2025-11-26 | 22.42x |
| 2025-11-25 | 21.97x |
| 2025-11-24 | 22.05x |
| 2025-11-21 | 21.80x |
| 2025-11-20 | 21.72x |
| 2025-11-19 | 22.17x |
| 2025-11-18 | 22.15x |
| 2025-11-17 | 22.12x |
| 2025-11-14 | 22.17x |
| 2025-11-13 | 22.28x |
| 2025-11-12 | 22.53x |
| 2025-11-11 | 22.40x |
| 2025-11-10 | 21.77x |
| 2025-11-07 | 21.38x |
| 2025-11-06 | 21.08x |
| 2025-11-05 | 20.99x |
| 2025-11-04 | 20.99x |
| 2025-11-03 | 21.00x |
| 2025-10-31 | 19.89x |
| 2025-10-30 | 19.43x |
| 2025-10-29 | 19.41x |
| 2025-10-28 | 24.64x |
| 2025-10-27 | 25.23x |
| 2025-10-24 | 25.21x |
| 2025-10-23 | 25.35x |
| 2025-10-22 | 25.34x |
| 2025-10-21 | 25.69x |
| 2025-10-20 | 25.86x |
| 2025-10-17 | 24.59x |
| 2025-10-16 | 24.14x |
| 2025-10-15 | 25.09x |
| 2025-10-14 | 24.71x |
| 2025-10-13 | 24.99x |
| 2025-10-10 | 24.80x |
| 2025-10-09 | 25.67x |
| 2025-10-08 | 26.23x |
| 2025-10-07 | 26.29x |
| 2025-10-06 | 26.03x |
| 2025-10-03 | 25.97x |
| 2025-10-02 | 26.06x |
| 2025-10-01 | 26.33x |
| 2025-09-30 | 25.72x |
| 2025-09-29 | 25.84x |
| 2025-09-26 | 25.62x |
| 2025-09-25 | 25.34x |
| 2025-09-24 | 25.07x |
| 2025-09-23 | 24.58x |
| 2025-09-22 | 24.07x |
| 2025-09-19 | 24.12x |
| 2025-09-18 | 24.20x |
| 2025-09-17 | 24.37x |
| 2025-09-16 | 23.92x |
| 2025-09-15 | 23.52x |
| 2025-09-12 | 23.65x |
| 2025-09-11 | 23.57x |
| 2025-09-10 | 23.70x |
| 2025-09-09 | 23.34x |
| 2025-09-08 | 23.30x |
| 2025-09-05 | 23.50x |
| 2025-09-04 | 23.74x |
| 2025-09-03 | 23.83x |
| 2025-09-02 | 24.06x |
| 2025-08-29 | 23.77x |
Showing the most recent 260 of 1,402 data points. The chart above shows the full history.
