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 11.74x is 53% below its estimated 1-year average of 24.79x, near the low end of its estimated 1-year range (11.70x–48.01x).
As of 2026-09-25T22:21:18.038Z. 52.65% below its estimated 12-month average of 24.79x.
Calculation as of: 2026-09-25T22:21:18.038Z.
Quote observation: 2026-09-25T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 5c1f10650eb4fc9b73bc15debf86bef54cea7cc204fc954dfe06a1b007bc3069
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
11.74x
EV/FCF RATIO AVG TTM
24.79x
EV/FCF RATIO AVG 3Y
24.79x
EV/FCF RATIO AVG 5Y
24.79x
EV/FCF RATIO AVG 10Y
16.94x
EV/FCF RATIO AVG 15Y
16.59x
EV/FCF RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-52.65%
CURRENT VS 3Y AVG
-52.65%
CURRENT VS 5Y AVG
-52.65%
CURRENT VS 10Y AVG
-30.70%
CURRENT VS 15Y AVG
-29.25%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
18.06x
median of 46 covered companies
CURRENT VS SECTOR MEDIAN
-35.01%
vs the sector median at left
First Solar, Inc.
Market Cap
$19.10B
EV/FCF Ratio
11.74x
TTM Avg
24.79x
3Y Avg
24.79x
5Y Avg
24.79x
Market Cap
$20.10B
EV/FCF Ratio
9.07x
TTM Avg
16.45x
3Y Avg
453.44x
5Y Avg
276.16x
Market Cap
$23.53B
EV/FCF Ratio
44.22x
TTM Avg
53.60x
3Y Avg
53.54x
5Y Avg
46.96x
Market Cap
$25.97B
EV/FCF Ratio
23.98x
TTM Avg
22.29x
3Y Avg
21.37x
5Y Avg
20.40x
Market Cap
$27.37B
EV/FCF Ratio
19.43x
TTM Avg
19.22x
3Y Avg
16.74x
5Y Avg
24.94x
Market Cap
$9.93B
EV/FCF Ratio
17.61x
TTM Avg
13.91x
3Y Avg
17.11x
5Y Avg
19.55x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Solar, Inc. (FSLR) | $19.10B | 11.74x | 24.79x | 24.79x | 24.79x |
| Expand Energy Corporation (EXE)vs › | $20.10B | 9.07x | 16.45x | 453.44x | 276.16x |
| APA Corporation (APA)vs › | $15.11B | 8.80x | 9.00x | 14.35x | 12.15x |
| Texas Pacific Land Corporation (TPL)vs › | $23.53B | 44.22x | 53.60x | 53.54x | 46.96x |
| Nextpower Inc. (NXT)vs › | $12.26B | 20.06x | 26.41x | 19.65x | 23.83x |
| Pembina Pipeline Corporation (PBA)vs › | $25.97B | 23.98x | 22.29x | 21.37x | 20.40x |
| Halliburton Company (HAL)vs › | $27.37B | 19.43x | 19.22x | 16.74x | 24.94x |
| Antero Midstream Corporation (AM)vs › | $9.93B | 17.61x | 13.91x | 17.11x | 19.55x |
| Tenaris S.A. (TS)vs › | $29.76B | 17.11x | 13.99x | 9.01x | 229.52x |
| Venture Global, Inc. (VG)vs › | $30.82B | N/A | N/A | N/A | N/A |
EV/FCF
11.7x
P/FCF
12.7x
FCF Yield
7.85%
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 | 14.02x |
| 2026-09-10 | 13.88x |
| 2026-09-09 | 13.59x |
| 2026-09-08 | 14.32x |
| 2026-09-04 | 13.69x |
| 2026-09-03 | 13.90x |
| 2026-09-02 | 13.55x |
| 2026-09-01 | 13.34x |
| 2026-08-31 | 13.50x |
| 2026-08-28 | 13.69x |
| 2026-08-27 | 14.09x |
| 2026-08-26 | 13.79x |
| 2026-08-25 | 13.86x |
| 2026-08-24 | 13.96x |
| 2026-08-21 | 14.39x |
| 2026-08-20 | 14.38x |
| 2026-08-19 | 14.98x |
| 2026-08-18 | 14.80x |
| 2026-08-17 | 14.65x |
| 2026-08-14 | 15.20x |
| 2026-08-13 | 15.07x |
| 2026-08-12 | 15.29x |
| 2026-08-11 | 16.31x |
| 2026-08-10 | 16.19x |
| 2026-08-07 | 16.96x |
| 2026-08-06 | 16.54x |
| 2026-08-05 | 16.01x |
| 2026-08-04 | 16.50x |
| 2026-08-03 | 15.72x |
| 2026-07-31 | 14.16x |
| 2026-07-30 | 12.13x |
| 2026-07-29 | 11.70x |
| 2026-07-28 | 11.91x |
| 2026-07-27 | 12.12x |
| 2026-07-24 | 11.93x |
| 2026-07-23 | 12.13x |
| 2026-07-22 | 12.32x |
| 2026-07-21 | 12.13x |
| 2026-07-20 | 12.09x |
| 2026-07-17 | 12.52x |
| 2026-07-16 | 12.51x |
| 2026-07-15 | 13.28x |
| 2026-07-14 | 13.07x |
| 2026-07-13 | 13.10x |
| 2026-07-10 | 13.54x |
| 2026-07-09 | 13.58x |
| 2026-07-08 | 13.31x |
| 2026-07-07 | 13.53x |
| 2026-07-06 | 13.88x |
| 2026-07-02 | 13.33x |
| 2026-07-01 | 13.81x |
| 2026-06-30 | 14.07x |
| 2026-06-29 | 13.86x |
| 2026-06-26 | 14.27x |
| 2026-06-25 | 14.88x |
| 2026-06-24 | 14.87x |
| 2026-06-23 | 14.92x |
| 2026-06-22 | 15.82x |
| 2026-06-18 | 15.47x |
| 2026-06-17 | 15.28x |
| 2026-06-16 | 15.90x |
| 2026-06-15 | 16.49x |
| 2026-06-12 | 16.09x |
| 2026-06-11 | 16.34x |
| 2026-06-10 | 14.92x |
| 2026-06-09 | 15.76x |
| 2026-06-08 | 16.61x |
| 2026-06-05 | 16.84x |
| 2026-06-04 | 19.16x |
| 2026-06-03 | 19.38x |
| 2026-06-02 | 18.91x |
| 2026-06-01 | 18.39x |
| 2026-05-29 | 18.64x |
| 2026-05-28 | 18.42x |
| 2026-05-27 | 16.50x |
| 2026-05-26 | 16.26x |
| 2026-05-22 | 15.48x |
| 2026-05-21 | 14.90x |
| 2026-05-20 | 14.19x |
| 2026-05-19 | 13.15x |
| 2026-05-18 | 13.92x |
| 2026-05-15 | 13.90x |
| 2026-05-14 | 13.79x |
| 2026-05-13 | 13.98x |
| 2026-05-12 | 13.56x |
| 2026-05-11 | 13.89x |
| 2026-05-08 | 13.03x |
| 2026-05-07 | 12.68x |
| 2026-05-06 | 12.91x |
| 2026-05-05 | 13.00x |
| 2026-05-04 | 12.48x |
| 2026-05-01 | 12.50x |
| 2026-04-30 | 16.37x |
| 2026-04-29 | 15.34x |
| 2026-04-28 | 15.82x |
| 2026-04-27 | 15.97x |
| 2026-04-24 | 15.63x |
| 2026-04-23 | 15.85x |
| 2026-04-22 | 15.17x |
| 2026-04-21 | 14.98x |
| 2026-04-20 | 15.51x |
| 2026-04-17 | 15.33x |
| 2026-04-16 | 15.44x |
| 2026-04-15 | 15.76x |
| 2026-04-14 | 16.25x |
| 2026-04-13 | 16.23x |
| 2026-04-10 | 16.51x |
| 2026-04-09 | 15.94x |
| 2026-04-08 | 16.26x |
| 2026-04-07 | 15.50x |
| 2026-04-06 | 15.79x |
| 2026-04-02 | 15.77x |
| 2026-04-01 | 16.14x |
| 2026-03-31 | 15.95x |
| 2026-03-30 | 14.81x |
| 2026-03-27 | 15.31x |
| 2026-03-26 | 14.91x |
| 2026-03-25 | 15.61x |
| 2026-03-24 | 15.55x |
| 2026-03-23 | 15.28x |
| 2026-03-20 | 15.54x |
| 2026-03-19 | 16.16x |
| 2026-03-18 | 16.00x |
| 2026-03-17 | 16.23x |
| 2026-03-16 | 16.15x |
| 2026-03-13 | 15.84x |
| 2026-03-12 | 15.97x |
| 2026-03-11 | 16.22x |
| 2026-03-10 | 15.99x |
| 2026-03-09 | 15.78x |
| 2026-03-06 | 15.22x |
| 2026-03-05 | 15.45x |
| 2026-03-04 | 15.95x |
| 2026-03-03 | 15.97x |
| 2026-03-02 | 16.18x |
| 2026-02-27 | 15.94x |
| 2026-02-26 | 16.20x |
| 2026-02-25 | 17.11x |
| 2026-02-24 | 40.77x |
| 2026-02-23 | 40.58x |
| 2026-02-20 | 40.54x |
| 2026-02-19 | 39.04x |
| 2026-02-18 | 39.96x |
| 2026-02-17 | 37.77x |
| 2026-02-13 | 37.70x |
| 2026-02-12 | 36.79x |
| 2026-02-11 | 38.06x |
| 2026-02-10 | 37.80x |
| 2026-02-09 | 37.08x |
| 2026-02-06 | 36.49x |
| 2026-02-05 | 39.22x |
| 2026-02-04 | 39.87x |
| 2026-02-03 | 40.04x |
| 2026-02-02 | 38.55x |
| 2026-01-30 | 37.67x |
| 2026-01-29 | 37.41x |
| 2026-01-28 | 41.86x |
| 2026-01-27 | 39.34x |
| 2026-01-26 | 40.73x |
| 2026-01-23 | 40.58x |
| 2026-01-22 | 40.15x |
| 2026-01-21 | 40.86x |
| 2026-01-20 | 40.58x |
| 2026-01-16 | 40.86x |
| 2026-01-15 | 40.85x |
| 2026-01-14 | 39.59x |
| 2026-01-13 | 40.45x |
| 2026-01-12 | 39.83x |
| 2026-01-09 | 39.97x |
| 2026-01-08 | 41.30x |
| 2026-01-07 | 40.40x |
| 2026-01-06 | 45.24x |
| 2026-01-05 | 45.81x |
| 2026-01-02 | 46.22x |
| 2025-12-31 | 43.92x |
| 2025-12-30 | 44.46x |
| 2025-12-29 | 45.15x |
| 2025-12-26 | 45.40x |
| 2025-12-24 | 45.84x |
| 2025-12-23 | 45.35x |
| 2025-12-22 | 48.01x |
| 2025-12-19 | 44.93x |
| 2025-12-18 | 44.02x |
| 2025-12-17 | 42.66x |
| 2025-12-16 | 43.45x |
| 2025-12-15 | 42.99x |
| 2025-12-12 | 42.80x |
| 2025-12-11 | 45.95x |
| 2025-12-10 | 44.10x |
| 2025-12-09 | 42.56x |
| 2025-12-08 | 42.99x |
| 2025-12-05 | 43.29x |
| 2025-12-04 | 43.23x |
| 2025-12-03 | 43.02x |
| 2025-12-02 | 44.16x |
| 2025-12-01 | 44.33x |
| 2025-11-28 | 45.97x |
| 2025-11-26 | 45.84x |
| 2025-11-25 | 43.77x |
| 2025-11-24 | 43.68x |
| 2025-11-21 | 41.94x |
| 2025-11-20 | 41.23x |
| 2025-11-19 | 42.29x |
| 2025-11-18 | 42.34x |
| 2025-11-17 | 42.58x |
| 2025-11-14 | 42.50x |
| 2025-11-13 | 43.11x |
| 2025-11-12 | 45.02x |
| 2025-11-11 | 44.43x |
| 2025-11-10 | 45.92x |
| 2025-11-07 | 45.05x |
| 2025-11-06 | 45.80x |
| 2025-11-05 | 46.75x |
| 2025-11-04 | 44.18x |
| 2025-11-03 | 44.71x |
| 2025-10-31 | 44.92x |
| 2021-02-25 | 53.53x |
| 2021-02-24 | 58.34x |
| 2021-02-23 | 57.58x |
| 2021-02-22 | 57.31x |
| 2021-02-19 | 60.47x |
| 2021-02-18 | 60.78x |
| 2021-02-17 | 64.01x |
| 2021-02-16 | 66.10x |
| 2021-02-12 | 67.58x |
| 2021-02-11 | 66.74x |
| 2021-02-10 | 66.95x |
| 2021-02-09 | 68.38x |
| 2021-02-08 | 67.27x |
| 2021-02-05 | 65.15x |
| 2021-02-04 | 66.01x |
| 2021-02-03 | 66.26x |
| 2021-02-02 | 65.07x |
| 2021-02-01 | 65.81x |
| 2021-01-29 | 66.42x |
| 2021-01-28 | 70.74x |
| 2021-01-27 | 69.07x |
| 2021-01-26 | 70.44x |
| 2021-01-25 | 70.62x |
| 2021-01-22 | 71.88x |
| 2021-01-21 | 72.50x |
| 2021-01-20 | 68.30x |
| 2021-01-19 | 67.21x |
| 2021-01-15 | 64.55x |
| 2021-01-14 | 71.42x |
| 2021-01-13 | 70.07x |
| 2021-01-12 | 70.17x |
| 2021-01-11 | 69.76x |
| 2021-01-08 | 70.01x |
| 2021-01-07 | 71.03x |
| 2021-01-06 | 66.81x |
| 2021-01-05 | 61.34x |
| 2021-01-04 | 67.93x |
| 2020-12-31 | 66.25x |
| 2020-12-30 | 67.28x |
| 2020-12-29 | 64.84x |
| 2020-12-28 | 67.90x |
| 2020-12-24 | 68.78x |
| 2020-12-23 | 68.36x |
| 2020-12-22 | 70.78x |
Showing the most recent 260 of 1,902 data points. The chart above shows the full history.
