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 18.93x is 16% below its estimated 3-year average of 22.47x, near the low end of its estimated 3-year range (6.57x–55.40x).
As of 2026-10-03T00:15:29.228Z. 11.31% above its estimated 12-month average of 17.01x.
Calculation as of: 2026-10-03T00:15:29.228Z.
Quote observation: 2026-10-02T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 05a8d9fc23beb7e9946354f3630d8b432f7666156d0c15d473c0a61afd7aee29
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.
EV/FCF RATIO
18.93x
EV/FCF RATIO AVG TTM
17.01x
EV/FCF RATIO AVG 3Y
20.78x
EV/FCF RATIO AVG 5Y
N/A
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
+11.31%
CURRENT VS 3Y AVG
-8.91%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
24.87x
median of 79 covered companies
CURRENT VS SECTOR MEDIAN
-23.88%
vs the sector median at left
Fortrea Holdings Inc.
Market Cap
$1.90B
EV/FCF Ratio
18.93x
TTM Avg
17.01x
3Y Avg
20.78x
5Y Avg
N/A
Market Cap
$1.74B
EV/FCF Ratio
26.64x
TTM Avg
43.76x
3Y Avg
32.55x
5Y Avg
29.02x
Market Cap
$1.71B
EV/FCF Ratio
N/A
TTM Avg
6.04x
3Y Avg
6.04x
5Y Avg
6.04x
Market Cap
$2.16B
EV/FCF Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.52B
EV/FCF Ratio
N/A
TTM Avg
44.45x
3Y Avg
44.45x
5Y Avg
44.45x
Market Cap
$2.76B
EV/FCF Ratio
39.89x
TTM Avg
56.75x
3Y Avg
90.28x
5Y Avg
90.28x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fortrea Holdings Inc. (FTRE) | $1.90B | 18.93x | 17.01x | 20.78x | N/A |
| DENTSPLY SIRONA Inc. (XRAY)vs › | $1.74B | 26.64x | 43.76x | 32.55x | 29.02x |
| Intellia Therapeutics, Inc. (NTLA)vs › | $1.71B | N/A | 6.04x | 6.04x | 6.04x |
| Recursion Pharmaceuticals, Inc. (RXRX)vs › | $2.16B | N/A | N/A | N/A | N/A |
| Beam Therapeutics Inc. (BEAM)vs › | $2.52B | N/A | 44.45x | 44.45x | 44.45x |
| TransMedics Group, Inc. (TMDX)vs › | $2.76B | 39.89x | 56.75x | 90.28x | 90.28x |
| Teladoc Health, Inc. (TDOC)vs › | $1.00B | 5.63x | 6.83x | 8.42x | 15.99x |
| NeoGenomics, Inc. (NEO)vs › | $474.59M | N/A | 51.06x | 46.23x | 33.62x |
| NRC Health (NRC)vs › | $458.62M | 25.20x | 32.94x | 32.10x | 32.13x |
| Shoulder Innovations, Inc. (SI)vs › | $394.23M | N/A | N/A | N/A | N/A |
EV/FCF
18.9x
P/FCF
12.6x
FCF Yield
7.92%
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 |
|---|---|
| 2026-10-02 | 18.82x |
| 2026-10-01 | 18.45x |
| 2026-09-30 | 18.79x |
| 2026-09-29 | 18.66x |
| 2026-09-28 | 18.86x |
| 2026-09-25 | 18.75x |
| 2026-09-24 | 18.83x |
| 2026-09-23 | 18.52x |
| 2026-09-22 | 19.09x |
| 2026-09-21 | 18.83x |
| 2026-09-18 | 18.78x |
| 2026-09-17 | 19.00x |
| 2026-09-16 | 18.80x |
| 2026-09-15 | 18.65x |
| 2026-09-14 | 17.20x |
| 2026-09-11 | 17.07x |
| 2026-09-10 | 16.96x |
| 2026-09-09 | 16.81x |
| 2026-09-08 | 16.98x |
| 2026-09-04 | 17.38x |
| 2026-09-03 | 17.96x |
| 2026-09-02 | 17.80x |
| 2026-09-01 | 17.39x |
| 2026-08-31 | 17.80x |
| 2026-08-28 | 18.08x |
| 2026-08-27 | 18.11x |
| 2026-08-26 | 17.90x |
| 2026-08-25 | 17.74x |
| 2026-08-24 | 17.76x |
| 2026-08-21 | 17.81x |
| 2026-08-20 | 17.69x |
| 2026-08-19 | 17.66x |
| 2026-08-18 | 17.32x |
| 2026-08-17 | 17.63x |
| 2026-08-14 | 17.20x |
| 2026-08-13 | 17.46x |
| 2026-08-12 | 17.78x |
| 2026-08-11 | 18.52x |
| 2026-08-10 | 18.19x |
| 2026-08-07 | 17.84x |
| 2026-08-06 | 17.38x |
| 2026-08-05 | 18.23x |
| 2026-08-04 | 17.56x |
| 2026-08-03 | 18.16x |
| 2026-07-31 | 18.30x |
| 2026-07-30 | 18.25x |
| 2026-07-29 | 14.87x |
| 2026-07-28 | 15.01x |
| 2026-07-27 | 14.29x |
| 2026-07-24 | 14.45x |
| 2026-07-23 | 14.44x |
| 2026-07-22 | 13.95x |
| 2026-07-21 | 13.68x |
| 2026-07-20 | 13.59x |
| 2026-07-17 | 13.60x |
| 2026-07-16 | 13.68x |
| 2026-07-15 | 13.68x |
| 2026-07-14 | 13.73x |
| 2026-07-13 | 13.65x |
| 2026-07-10 | 13.60x |
| 2026-07-09 | 13.56x |
| 2026-07-08 | 13.25x |
| 2026-07-07 | 13.47x |
| 2026-07-06 | 13.65x |
| 2026-07-02 | 13.37x |
| 2026-07-01 | 13.52x |
| 2026-06-30 | 13.43x |
| 2026-06-29 | 13.49x |
| 2026-06-26 | 13.55x |
| 2026-06-25 | 13.58x |
| 2026-06-24 | 13.25x |
| 2026-06-23 | 12.98x |
| 2026-06-22 | 12.55x |
| 2026-06-18 | 12.43x |
| 2026-06-17 | 12.44x |
| 2026-06-16 | 12.75x |
| 2026-06-15 | 13.06x |
| 2026-06-12 | 12.99x |
| 2026-06-11 | 13.18x |
| 2026-06-10 | 12.92x |
| 2026-06-09 | 13.18x |
| 2026-06-08 | 13.03x |
| 2026-06-05 | 12.80x |
| 2026-06-04 | 13.36x |
| 2026-06-03 | 12.58x |
| 2026-06-02 | 12.45x |
| 2026-06-01 | 12.65x |
| 2026-05-29 | 12.47x |
| 2026-05-28 | 12.28x |
| 2026-05-27 | 11.53x |
| 2026-05-26 | 11.43x |
| 2026-05-22 | 11.43x |
| 2026-05-21 | 11.39x |
| 2026-05-20 | 11.66x |
| 2026-05-19 | 11.66x |
| 2026-05-18 | 11.61x |
| 2026-05-15 | 11.64x |
| 2026-05-14 | 11.92x |
| 2026-05-13 | 12.03x |
| 2026-05-12 | 12.10x |
| 2026-05-11 | 12.28x |
| 2026-05-08 | 12.49x |
| 2026-05-07 | 12.56x |
| 2026-05-06 | 12.59x |
| 2026-05-05 | 25.67x |
| 2026-05-04 | 23.31x |
| 2026-05-01 | 23.24x |
| 2026-04-30 | 22.54x |
| 2026-04-29 | 21.57x |
| 2026-04-28 | 21.77x |
| 2026-04-27 | 21.61x |
| 2026-04-24 | 20.78x |
| 2026-04-23 | 20.61x |
| 2026-04-22 | 21.51x |
| 2026-04-21 | 21.32x |
| 2026-04-20 | 21.44x |
| 2026-04-17 | 21.38x |
| 2026-04-16 | 21.08x |
| 2026-04-15 | 21.04x |
| 2026-04-14 | 20.57x |
| 2026-04-13 | 20.35x |
| 2026-04-10 | 20.14x |
| 2026-04-09 | 20.35x |
| 2026-04-08 | 20.61x |
| 2026-04-07 | 20.48x |
| 2026-04-06 | 19.97x |
| 2026-04-02 | 20.42x |
| 2026-04-01 | 20.48x |
| 2026-03-31 | 20.39x |
| 2026-03-30 | 19.82x |
| 2026-03-27 | 20.03x |
| 2026-03-26 | 20.53x |
| 2026-03-25 | 20.41x |
| 2026-03-24 | 20.56x |
| 2026-03-23 | 20.73x |
| 2026-03-20 | 20.50x |
| 2026-03-19 | 20.77x |
| 2026-03-18 | 20.93x |
| 2026-03-17 | 20.68x |
| 2026-03-16 | 20.24x |
| 2026-03-13 | 19.88x |
| 2026-03-12 | 20.00x |
| 2026-03-11 | 20.39x |
| 2026-03-10 | 19.91x |
| 2026-03-09 | 20.81x |
| 2026-03-06 | 20.59x |
| 2026-03-05 | 20.91x |
| 2026-03-04 | 21.38x |
| 2026-03-03 | 21.49x |
| 2026-03-02 | 21.57x |
| 2026-02-27 | 21.73x |
| 2025-08-06 | 12.78x |
| 2025-08-05 | 12.77x |
| 2025-08-04 | 12.68x |
| 2025-08-01 | 12.06x |
| 2025-07-31 | 12.24x |
| 2025-07-30 | 12.54x |
| 2025-07-29 | 12.64x |
| 2025-07-28 | 12.97x |
| 2025-07-25 | 12.92x |
| 2025-07-24 | 12.74x |
| 2025-07-23 | 12.61x |
| 2025-07-22 | 12.28x |
| 2025-07-21 | 11.55x |
| 2025-07-18 | 11.56x |
| 2025-07-17 | 11.73x |
| 2025-07-16 | 11.70x |
| 2025-07-15 | 11.58x |
| 2025-07-14 | 11.77x |
| 2025-07-11 | 11.84x |
| 2025-07-10 | 11.94x |
| 2025-07-09 | 11.79x |
| 2025-07-08 | 11.63x |
| 2025-07-07 | 11.41x |
| 2025-07-03 | 11.91x |
| 2025-07-02 | 11.87x |
| 2025-07-01 | 11.90x |
| 2025-06-30 | 11.73x |
| 2025-06-27 | 11.75x |
| 2025-06-26 | 11.89x |
| 2025-06-25 | 11.89x |
| 2025-06-24 | 11.96x |
| 2025-06-23 | 11.83x |
| 2025-06-20 | 11.97x |
| 2025-06-18 | 12.05x |
| 2025-06-17 | 12.06x |
| 2025-06-16 | 12.27x |
| 2025-06-13 | 12.35x |
| 2025-06-12 | 12.58x |
| 2025-06-11 | 12.04x |
| 2025-06-10 | 12.03x |
| 2025-06-09 | 12.09x |
| 2025-06-06 | 11.94x |
| 2025-06-05 | 11.84x |
| 2025-06-04 | 11.91x |
| 2025-06-03 | 11.53x |
| 2025-06-02 | 11.20x |
| 2025-05-30 | 11.31x |
| 2025-05-29 | 11.24x |
| 2025-05-28 | 11.24x |
| 2025-05-27 | 11.22x |
| 2025-05-23 | 11.16x |
| 2025-05-22 | 11.27x |
| 2025-05-21 | 11.25x |
| 2025-05-20 | 11.56x |
| 2025-05-19 | 11.41x |
| 2025-05-16 | 11.40x |
| 2025-05-15 | 11.60x |
| 2025-05-14 | 11.62x |
| 2025-05-13 | 11.76x |
| 2025-05-12 | 6.70x |
| 2025-05-09 | 7.07x |
| 2025-05-08 | 7.00x |
| 2025-05-07 | 6.87x |
| 2025-05-06 | 6.83x |
| 2025-05-05 | 6.99x |
| 2025-05-02 | 7.12x |
| 2025-05-01 | 7.05x |
| 2025-04-30 | 7.11x |
| 2025-04-29 | 7.14x |
| 2025-04-28 | 7.05x |
| 2025-04-25 | 6.98x |
| 2025-04-24 | 6.96x |
| 2025-04-23 | 6.75x |
| 2025-04-22 | 6.82x |
| 2025-04-21 | 6.70x |
| 2025-04-17 | 6.74x |
| 2025-04-16 | 6.63x |
| 2025-04-15 | 6.57x |
| 2025-04-14 | 6.77x |
| 2025-04-11 | 6.70x |
| 2025-04-10 | 6.71x |
| 2025-04-09 | 7.19x |
| 2025-04-08 | 6.90x |
| 2025-04-07 | 7.12x |
| 2025-04-04 | 7.20x |
| 2025-04-03 | 7.32x |
| 2025-04-02 | 7.60x |
| 2025-04-01 | 7.43x |
| 2025-03-31 | 7.62x |
| 2025-03-28 | 7.81x |
| 2025-03-27 | 7.94x |
| 2025-03-26 | 7.97x |
| 2025-03-25 | 8.08x |
| 2025-03-24 | 8.34x |
| 2025-03-21 | 8.10x |
| 2025-03-20 | 8.10x |
| 2025-03-19 | 8.29x |
| 2025-03-18 | 8.43x |
| 2025-03-17 | 8.57x |
| 2025-03-14 | 8.44x |
| 2025-03-13 | 8.41x |
| 2025-03-12 | 8.54x |
| 2025-03-11 | 8.59x |
| 2025-03-10 | 8.66x |
| 2025-03-07 | 8.84x |
| 2025-03-06 | 8.84x |
| 2025-03-05 | 8.92x |
| 2025-03-04 | 8.95x |
| 2025-03-03 | 9.24x |
Showing the most recent 260 of 686 data points. The chart above shows the full history.
