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 33.03x is 13% above its estimated 5-year average of 29.34x, near the low end of its estimated 5-year range (19.24x–67.04x).
As of 2026-09-19T00:15:41.220Z. 1.78% above its estimated 12-month average of 32.45x.
Calculation as of: 2026-09-19T00:15:41.220Z.
Quote observation: 2026-09-18T19:59:59.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: b6c4bc8511725eb8eeedd879f50ea48089ec28d1c8fe2fcfde4bc4c229ae7dc9
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
33.03x
EV/FCF RATIO AVG TTM
32.45x
EV/FCF RATIO AVG 3Y
28.38x
EV/FCF RATIO AVG 5Y
29.34x
EV/FCF RATIO AVG 10Y
25.05x
EV/FCF RATIO AVG 15Y
22.36x
EV/FCF RATIO AVG 20Y
21.14x
CURRENT VS TTM AVG
+1.78%
CURRENT VS 3Y AVG
+16.36%
CURRENT VS 5Y AVG
+12.58%
CURRENT VS 10Y AVG
+31.85%
CURRENT VS 15Y AVG
+47.70%
CURRENT VS 20Y AVG
+56.21%
SECTOR MEDIAN · TECHNOLOGY
30.83x
median of 158 covered companies
CURRENT VS SECTOR MEDIAN
+7.14%
vs the sector median at left
Market Cap
$51.98B
EV/FCF Ratio
187.47x
TTM Avg
144.82x
3Y Avg
154.03x
5Y Avg
154.03x
Market Cap
$50.44B
EV/FCF Ratio
38.23x
TTM Avg
23.12x
3Y Avg
36.84x
5Y Avg
52.46x
Market Cap
$49.37B
EV/FCF Ratio
65.60x
TTM Avg
66.33x
3Y Avg
53.33x
5Y Avg
63.56x
Market Cap
$57.25B
EV/FCF Ratio
39.07x
TTM Avg
32.52x
3Y Avg
27.65x
5Y Avg
27.96x
Market Cap
$57.49B
EV/FCF Ratio
23.33x
TTM Avg
27.81x
3Y Avg
25.24x
5Y Avg
24.72x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Garmin Ltd. (GRMN) | $52.82B | 33.03x | 32.45x | 28.38x | 29.34x |
| Nebius Group N.V. (NBIS)vs › | $53.65B | N/A | 11.51x | 11.51x | 11.51x |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $51.98B | 187.47x | 144.82x | 154.03x | 154.03x |
| Strategy Inc (MSTR)vs › | $50.92B | N/A | 10.45x | 10.45x | 10.45x |
| Workday, Inc. (WDAY)vs › | $50.78B | 18.95x | 18.48x | 29.63x | 34.74x |
| Atlassian Corporation (TEAM)vs › | $50.44B | 38.23x | 23.12x | 36.84x | 52.46x |
| Ciena Corporation (CIEN)vs › | $49.37B | 65.60x | 66.33x | 53.33x | 63.56x |
| Keysight Technologies, Inc. (KEYS)vs › | $57.25B | 39.07x | 32.52x | 27.65x | 27.96x |
| NXP Semiconductors N.V. (NXPI)vs › | $57.49B | 23.33x | 27.81x | 25.24x | 24.72x |
| Teradyne, Inc. (TER)vs › | $58.08B | 72.29x | 85.63x | 54.30x | 43.73x |
EV/FCF
33.0x
P/FCF
34.4x
FCF Yield
2.90%
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 | 34.24x |
| 2026-09-10 | 32.92x |
| 2026-09-09 | 32.92x |
| 2026-09-08 | 33.36x |
| 2026-09-04 | 33.53x |
| 2026-09-03 | 33.55x |
| 2026-09-02 | 33.40x |
| 2026-09-01 | 33.29x |
| 2026-08-31 | 34.42x |
| 2026-08-28 | 34.56x |
| 2026-08-27 | 35.15x |
| 2026-08-26 | 35.04x |
| 2026-08-25 | 34.97x |
| 2026-08-24 | 35.32x |
| 2026-08-21 | 35.78x |
| 2026-08-20 | 35.55x |
| 2026-08-19 | 35.88x |
| 2026-08-18 | 36.10x |
| 2026-08-17 | 37.37x |
| 2026-08-14 | 37.71x |
| 2026-08-13 | 37.93x |
| 2026-08-12 | 37.68x |
| 2026-08-11 | 37.64x |
| 2026-08-10 | 38.09x |
| 2026-08-07 | 37.80x |
| 2026-08-06 | 36.66x |
| 2026-08-05 | 36.75x |
| 2026-08-04 | 37.35x |
| 2026-08-03 | 37.03x |
| 2026-07-31 | 35.64x |
| 2026-07-30 | 36.12x |
| 2026-07-29 | 37.85x |
| 2026-07-28 | 32.36x |
| 2026-07-27 | 30.87x |
| 2026-07-24 | 30.95x |
| 2026-07-23 | 30.56x |
| 2026-07-22 | 30.61x |
| 2026-07-21 | 30.10x |
| 2026-07-20 | 31.18x |
| 2026-07-17 | 31.82x |
| 2026-07-16 | 32.01x |
| 2026-07-15 | 30.78x |
| 2026-07-14 | 30.73x |
| 2026-07-13 | 31.02x |
| 2026-07-10 | 30.96x |
| 2026-07-09 | 31.14x |
| 2026-07-08 | 31.01x |
| 2026-07-07 | 31.70x |
| 2026-07-06 | 31.24x |
| 2026-07-02 | 30.54x |
| 2026-07-01 | 30.23x |
| 2026-06-30 | 30.21x |
| 2026-06-29 | 29.71x |
| 2026-06-26 | 29.54x |
| 2026-06-25 | 29.93x |
| 2026-06-24 | 30.56x |
| 2026-06-23 | 30.06x |
| 2026-06-22 | 30.05x |
| 2026-06-18 | 29.77x |
| 2026-06-17 | 29.46x |
| 2026-06-16 | 29.87x |
| 2026-06-15 | 30.30x |
| 2026-06-12 | 30.29x |
| 2026-06-11 | 30.35x |
| 2026-06-10 | 29.44x |
| 2026-06-09 | 30.26x |
| 2026-06-08 | 29.91x |
| 2026-06-05 | 30.08x |
| 2026-06-04 | 30.80x |
| 2026-06-03 | 30.27x |
| 2026-06-02 | 30.68x |
| 2026-06-01 | 30.12x |
| 2026-05-29 | 29.73x |
| 2026-05-28 | 30.06x |
| 2026-05-27 | 30.27x |
| 2026-05-26 | 30.35x |
| 2026-05-22 | 30.64x |
| 2026-05-21 | 30.51x |
| 2026-05-20 | 30.20x |
| 2026-05-19 | 29.03x |
| 2026-05-18 | 28.79x |
| 2026-05-15 | 28.64x |
| 2026-05-14 | 29.80x |
| 2026-05-13 | 29.48x |
| 2026-05-12 | 30.14x |
| 2026-05-11 | 30.86x |
| 2026-05-08 | 30.55x |
| 2026-05-07 | 30.80x |
| 2026-05-06 | 30.92x |
| 2026-05-05 | 29.83x |
| 2026-05-04 | 30.36x |
| 2026-05-01 | 30.86x |
| 2026-04-30 | 32.03x |
| 2026-04-29 | 34.45x |
| 2026-04-28 | 33.71x |
| 2026-04-27 | 35.06x |
| 2026-04-24 | 35.35x |
| 2026-04-23 | 35.55x |
| 2026-04-22 | 36.38x |
| 2026-04-21 | 36.22x |
| 2026-04-20 | 36.51x |
| 2026-04-17 | 36.49x |
| 2026-04-16 | 36.06x |
| 2026-04-15 | 36.27x |
| 2026-04-14 | 36.08x |
| 2026-04-13 | 35.66x |
| 2026-04-10 | 35.00x |
| 2026-04-09 | 34.94x |
| 2026-04-08 | 34.41x |
| 2026-04-07 | 32.78x |
| 2026-04-06 | 32.99x |
| 2026-04-02 | 32.26x |
| 2026-04-01 | 32.25x |
| 2026-03-31 | 31.46x |
| 2026-03-30 | 30.60x |
| 2026-03-27 | 31.20x |
| 2026-03-26 | 32.04x |
| 2026-03-25 | 33.27x |
| 2026-03-24 | 32.75x |
| 2026-03-23 | 32.41x |
| 2026-03-20 | 31.51x |
| 2026-03-19 | 31.90x |
| 2026-03-18 | 31.40x |
| 2026-03-17 | 31.90x |
| 2026-03-16 | 31.86x |
| 2026-03-13 | 31.67x |
| 2026-03-12 | 32.01x |
| 2026-03-11 | 32.04x |
| 2026-03-10 | 32.79x |
| 2026-03-09 | 32.97x |
| 2026-03-06 | 33.09x |
| 2026-03-05 | 32.62x |
| 2026-03-04 | 34.18x |
| 2026-03-03 | 34.11x |
| 2026-03-02 | 34.75x |
| 2026-02-27 | 34.42x |
| 2026-02-26 | 34.61x |
| 2026-02-25 | 34.30x |
| 2026-02-24 | 34.23x |
| 2026-02-23 | 33.60x |
| 2026-02-20 | 33.86x |
| 2026-02-19 | 32.57x |
| 2026-02-18 | 33.05x |
| 2026-02-17 | 30.08x |
| 2026-02-13 | 29.75x |
| 2026-02-12 | 28.08x |
| 2026-02-11 | 28.57x |
| 2026-02-10 | 28.83x |
| 2026-02-09 | 28.49x |
| 2026-02-06 | 27.95x |
| 2026-02-05 | 27.42x |
| 2026-02-04 | 28.37x |
| 2026-02-03 | 27.79x |
| 2026-02-02 | 28.61x |
| 2026-01-30 | 27.85x |
| 2026-01-29 | 28.29x |
| 2026-01-28 | 28.26x |
| 2026-01-27 | 28.31x |
| 2026-01-26 | 28.61x |
| 2026-01-23 | 28.51x |
| 2026-01-22 | 28.50x |
| 2026-01-21 | 28.27x |
| 2026-01-20 | 27.72x |
| 2026-01-16 | 29.32x |
| 2026-01-15 | 29.44x |
| 2026-01-14 | 29.28x |
| 2026-01-13 | 29.63x |
| 2026-01-12 | 29.28x |
| 2026-01-09 | 29.39x |
| 2026-01-08 | 29.56x |
| 2026-01-07 | 29.16x |
| 2026-01-06 | 28.97x |
| 2026-01-05 | 28.16x |
| 2026-01-02 | 27.96x |
| 2025-12-31 | 28.02x |
| 2025-12-30 | 28.35x |
| 2025-12-29 | 28.42x |
| 2025-12-26 | 28.41x |
| 2025-12-24 | 28.34x |
| 2025-12-23 | 28.08x |
| 2025-12-22 | 28.45x |
| 2025-12-19 | 27.84x |
| 2025-12-18 | 27.93x |
| 2025-12-17 | 27.82x |
| 2025-12-16 | 28.63x |
| 2025-12-15 | 28.66x |
| 2025-12-12 | 28.82x |
| 2025-12-11 | 29.18x |
| 2025-12-10 | 29.10x |
| 2025-12-09 | 27.93x |
| 2025-12-08 | 27.79x |
| 2025-12-05 | 28.13x |
| 2025-12-04 | 27.91x |
| 2025-12-03 | 27.53x |
| 2025-12-02 | 27.20x |
| 2025-12-01 | 27.16x |
| 2025-11-28 | 26.93x |
| 2025-11-26 | 26.85x |
| 2025-11-25 | 26.58x |
| 2025-11-24 | 26.51x |
| 2025-11-21 | 26.48x |
| 2025-11-20 | 25.74x |
| 2025-11-19 | 26.10x |
| 2025-11-18 | 26.14x |
| 2025-11-17 | 26.13x |
| 2025-11-14 | 26.76x |
| 2025-11-13 | 26.89x |
| 2025-11-12 | 27.41x |
| 2025-11-11 | 27.56x |
| 2025-11-10 | 28.01x |
| 2025-11-07 | 27.78x |
| 2025-11-06 | 28.19x |
| 2025-11-05 | 28.41x |
| 2025-11-04 | 28.40x |
| 2025-11-03 | 29.14x |
| 2025-10-31 | 29.63x |
| 2025-10-30 | 29.78x |
| 2025-10-29 | 35.99x |
| 2025-10-28 | 40.88x |
| 2025-10-27 | 41.45x |
| 2025-10-24 | 41.28x |
| 2025-10-23 | 41.23x |
| 2025-10-22 | 40.78x |
| 2025-10-21 | 41.43x |
| 2025-10-20 | 41.06x |
| 2025-10-17 | 41.03x |
| 2025-10-16 | 40.65x |
| 2025-10-15 | 41.11x |
| 2025-10-14 | 41.09x |
| 2025-10-13 | 41.43x |
| 2025-10-10 | 40.87x |
| 2025-10-09 | 42.32x |
| 2025-10-08 | 42.88x |
| 2025-10-07 | 42.29x |
| 2025-10-06 | 42.52x |
| 2025-10-03 | 42.42x |
| 2025-10-02 | 42.53x |
| 2025-10-01 | 42.09x |
| 2025-09-30 | 40.56x |
| 2025-09-29 | 40.44x |
| 2025-09-26 | 39.57x |
| 2025-09-25 | 38.92x |
| 2025-09-24 | 38.88x |
| 2025-09-23 | 39.04x |
| 2025-09-22 | 38.87x |
| 2025-09-19 | 38.65x |
| 2025-09-18 | 39.02x |
| 2025-09-17 | 38.49x |
| 2025-09-16 | 38.92x |
| 2025-09-15 | 38.77x |
| 2025-09-12 | 39.16x |
| 2025-09-11 | 39.69x |
| 2025-09-10 | 38.79x |
| 2025-09-09 | 39.23x |
| 2025-09-08 | 39.40x |
| 2025-09-05 | 39.04x |
| 2025-09-04 | 39.09x |
| 2025-09-03 | 38.96x |
| 2025-09-02 | 38.51x |
| 2025-08-29 | 39.80x |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
