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 21.97x is 27% above its estimated 5-year average of 17.31x, near the high end of its estimated 5-year range (13.62x–25.39x).
As of 2026-09-17T16:05:42.778Z. 14.07% above its estimated 12-month average of 19.26x.
Calculation as of: 2026-09-17T16:05:42.778Z.
Quote observation: 2026-09-17T16:05:16.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: dd77c7d38ad8ca3442a9dda370f9a94fff0df86d25786eb63b72b33a35270e28
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
21.97x
EV/FCF RATIO AVG TTM
19.26x
EV/FCF RATIO AVG 3Y
17.58x
EV/FCF RATIO AVG 5Y
17.31x
EV/FCF RATIO AVG 10Y
15.21x
EV/FCF RATIO AVG 15Y
13.77x
EV/FCF RATIO AVG 20Y
12.20x
CURRENT VS TTM AVG
+14.07%
CURRENT VS 3Y AVG
+24.97%
CURRENT VS 5Y AVG
+26.92%
CURRENT VS 10Y AVG
+44.49%
CURRENT VS 15Y AVG
+59.56%
CURRENT VS 20Y AVG
+80.10%
SECTOR MEDIAN · INDUSTRIALS
28.04x
median of 125 covered companies
CURRENT VS SECTOR MEDIAN
-21.65%
vs the sector median at left
Honeywell International Inc.
Market Cap
$65.27B
EV/FCF Ratio
21.97x
TTM Avg
19.26x
3Y Avg
17.58x
5Y Avg
17.31x
Market Cap
$67.27B
EV/FCF Ratio
23.93x
TTM Avg
31.59x
3Y Avg
35.65x
5Y Avg
34.94x
Market Cap
$63.07B
EV/FCF Ratio
123.96x
TTM Avg
127.43x
3Y Avg
129.21x
5Y Avg
109.07x
Market Cap
$60.45B
EV/FCF Ratio
47.24x
TTM Avg
54.08x
3Y Avg
55.50x
5Y Avg
59.06x
Market Cap
$59.35B
EV/FCF Ratio
40.76x
TTM Avg
42.07x
3Y Avg
34.55x
5Y Avg
34.83x
Market Cap
$71.30B
EV/FCF Ratio
98.13x
TTM Avg
28.84x
3Y Avg
258.92x
5Y Avg
149.50x
Market Cap
$71.87B
EV/FCF Ratio
34.39x
TTM Avg
33.18x
3Y Avg
33.01x
5Y Avg
32.22x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Honeywell International Inc. (HON) | $65.27B | 21.97x | 19.26x | 17.58x | 17.31x |
| Republic Services, Inc. (RSG)vs › | $67.27B | 23.93x | 31.59x | 35.65x | 34.94x |
| United Rentals, Inc. (URI)vs › | $63.07B | 123.96x | 127.43x | 129.21x | 109.07x |
| PACCAR Inc (PCAR)vs › | $62.40B | 22.82x | 22.55x | 21.89x | 37.18x |
| TransDigm Group Incorporated (TDG)vs › | $60.45B | 47.24x | 54.08x | 55.50x | 59.06x |
| W.W. Grainger, Inc. (GWW)vs › | $59.35B | 40.76x | 42.07x | 34.55x | 34.83x |
| Norfolk Southern Corporation (NSC)vs › | $71.30B | 98.13x | 28.84x | 258.92x | 149.50x |
| Canadian National Railway Company (CNI)vs › | $71.87B | 34.39x | 33.18x | 33.01x | 32.22x |
| FedEx Corporation (FDX)vs › | $72.36B | 19.94x | 23.13x | 25.35x | 26.76x |
| Cummins Inc. (CMI)vs › | $72.57B | 23.07x | 35.46x | 678.65x | 418.97x |
EV/FCF
22.0x
P/FCF
15.8x
FCF Yield
6.31%
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 | 21.80x |
| 2026-09-10 | 21.79x |
| 2026-09-09 | 22.00x |
| 2026-09-08 | 22.25x |
| 2026-09-04 | 22.36x |
| 2026-09-03 | 22.21x |
| 2026-09-02 | 22.09x |
| 2026-09-01 | 22.39x |
| 2026-08-31 | 22.66x |
| 2026-08-28 | 22.97x |
| 2026-08-27 | 23.20x |
| 2026-08-26 | 23.22x |
| 2026-08-25 | 22.83x |
| 2026-08-24 | 22.76x |
| 2026-08-21 | 22.85x |
| 2026-08-20 | 23.03x |
| 2026-08-19 | 23.30x |
| 2026-08-18 | 23.76x |
| 2026-08-17 | 23.90x |
| 2026-08-14 | 24.25x |
| 2026-08-13 | 24.25x |
| 2026-08-12 | 24.35x |
| 2026-08-11 | 23.95x |
| 2026-08-10 | 24.94x |
| 2026-08-07 | 25.19x |
| 2026-08-06 | 24.77x |
| 2026-08-05 | 25.34x |
| 2026-08-04 | 25.39x |
| 2026-08-03 | 25.24x |
| 2026-07-31 | 24.95x |
| 2026-07-30 | 24.86x |
| 2026-07-29 | 24.80x |
| 2026-07-28 | 25.26x |
| 2026-07-27 | 25.16x |
| 2026-07-24 | 24.96x |
| 2026-07-23 | 25.13x |
| 2026-07-22 | 24.10x |
| 2026-07-21 | 23.86x |
| 2026-07-20 | 23.57x |
| 2026-07-17 | 23.48x |
| 2026-07-16 | 23.59x |
| 2026-07-15 | 23.31x |
| 2026-07-14 | 23.30x |
| 2026-07-13 | 23.27x |
| 2026-07-10 | 23.59x |
| 2026-07-09 | 23.36x |
| 2026-07-08 | 23.12x |
| 2026-07-07 | 23.49x |
| 2026-07-06 | 23.96x |
| 2026-07-02 | 23.86x |
| 2026-07-01 | 23.23x |
| 2026-06-30 | 23.40x |
| 2026-06-29 | 23.70x |
| 2026-06-26 | 24.92x |
| 2026-06-25 | 24.84x |
| 2026-06-24 | 24.53x |
| 2026-06-23 | 24.12x |
| 2026-06-22 | 24.59x |
| 2026-06-18 | 24.66x |
| 2026-06-17 | 24.63x |
| 2026-06-16 | 24.70x |
| 2026-06-15 | 24.53x |
| 2026-06-12 | 23.95x |
| 2026-06-11 | 23.86x |
| 2026-06-10 | 22.78x |
| 2026-06-09 | 23.58x |
| 2026-06-08 | 23.26x |
| 2026-06-05 | 23.44x |
| 2026-06-04 | 23.73x |
| 2026-06-03 | 24.19x |
| 2026-06-02 | 25.17x |
| 2026-06-01 | 25.27x |
| 2026-05-29 | 25.38x |
| 2026-05-28 | 24.98x |
| 2026-05-27 | 24.87x |
| 2026-05-26 | 24.88x |
| 2026-05-22 | 24.57x |
| 2026-05-21 | 24.24x |
| 2026-05-20 | 23.71x |
| 2026-05-19 | 23.69x |
| 2026-05-18 | 23.70x |
| 2026-05-15 | 23.38x |
| 2026-05-14 | 23.74x |
| 2026-05-13 | 23.76x |
| 2026-05-12 | 23.81x |
| 2026-05-11 | 23.85x |
| 2026-05-08 | 23.37x |
| 2026-05-07 | 23.61x |
| 2026-05-06 | 23.67x |
| 2026-05-05 | 23.04x |
| 2026-05-04 | 23.08x |
| 2026-05-01 | 23.32x |
| 2026-04-30 | 23.47x |
| 2026-04-29 | 23.14x |
| 2026-04-28 | 23.35x |
| 2026-04-27 | 23.28x |
| 2026-04-24 | 23.37x |
| 2026-04-23 | 17.31x |
| 2026-04-22 | 17.67x |
| 2026-04-21 | 17.81x |
| 2026-04-20 | 18.28x |
| 2026-04-17 | 18.52x |
| 2026-04-16 | 18.26x |
| 2026-04-15 | 18.44x |
| 2026-04-14 | 18.50x |
| 2026-04-13 | 18.53x |
| 2026-04-10 | 18.61x |
| 2026-04-09 | 18.68x |
| 2026-04-08 | 18.45x |
| 2026-04-07 | 17.91x |
| 2026-04-06 | 18.19x |
| 2026-04-02 | 18.26x |
| 2026-04-01 | 18.19x |
| 2026-03-31 | 18.05x |
| 2026-03-30 | 17.89x |
| 2026-03-27 | 17.87x |
| 2026-03-26 | 18.00x |
| 2026-03-25 | 18.03x |
| 2026-03-24 | 17.77x |
| 2026-03-23 | 17.86x |
| 2026-03-20 | 17.76x |
| 2026-03-19 | 18.24x |
| 2026-03-18 | 18.29x |
| 2026-03-17 | 18.39x |
| 2026-03-16 | 18.58x |
| 2026-03-13 | 18.58x |
| 2026-03-12 | 18.51x |
| 2026-03-11 | 18.89x |
| 2026-03-10 | 18.96x |
| 2026-03-09 | 18.78x |
| 2026-03-06 | 18.63x |
| 2026-03-05 | 18.83x |
| 2026-03-04 | 19.30x |
| 2026-03-03 | 19.17x |
| 2026-03-02 | 19.43x |
| 2026-02-27 | 19.15x |
| 2026-02-26 | 18.98x |
| 2026-02-25 | 19.06x |
| 2026-02-24 | 19.15x |
| 2026-02-23 | 19.12x |
| 2026-02-20 | 19.18x |
| 2026-02-19 | 18.97x |
| 2026-02-18 | 19.00x |
| 2026-02-17 | 16.48x |
| 2026-02-13 | 16.41x |
| 2026-02-12 | 16.33x |
| 2026-02-11 | 16.48x |
| 2026-02-10 | 16.51x |
| 2026-02-09 | 16.33x |
| 2026-02-06 | 16.25x |
| 2026-02-05 | 16.02x |
| 2026-02-04 | 16.10x |
| 2026-02-03 | 15.86x |
| 2026-02-02 | 15.69x |
| 2026-01-30 | 15.69x |
| 2026-01-29 | 15.67x |
| 2026-01-28 | 15.12x |
| 2026-01-27 | 15.34x |
| 2026-01-26 | 15.35x |
| 2026-01-23 | 15.37x |
| 2026-01-22 | 15.42x |
| 2026-01-21 | 15.25x |
| 2026-01-20 | 15.03x |
| 2026-01-16 | 15.26x |
| 2026-01-15 | 15.03x |
| 2026-01-14 | 14.93x |
| 2026-01-13 | 14.78x |
| 2026-01-12 | 14.69x |
| 2026-01-09 | 14.63x |
| 2026-01-08 | 14.52x |
| 2026-01-07 | 14.22x |
| 2026-01-06 | 14.50x |
| 2026-01-05 | 14.30x |
| 2026-01-02 | 14.03x |
| 2025-12-31 | 13.99x |
| 2025-12-30 | 14.05x |
| 2025-12-29 | 14.09x |
| 2025-12-26 | 14.11x |
| 2025-12-24 | 14.08x |
| 2025-12-23 | 14.01x |
| 2025-12-22 | 14.03x |
| 2025-12-19 | 14.20x |
| 2025-12-18 | 14.14x |
| 2025-12-17 | 14.24x |
| 2025-12-16 | 14.15x |
| 2025-12-15 | 14.11x |
| 2025-12-12 | 13.91x |
| 2025-12-11 | 13.92x |
| 2025-12-10 | 13.83x |
| 2025-12-09 | 13.73x |
| 2025-12-08 | 13.82x |
| 2025-12-05 | 13.79x |
| 2025-12-04 | 13.84x |
| 2025-12-03 | 13.90x |
| 2025-12-02 | 13.88x |
| 2025-12-01 | 13.73x |
| 2025-11-28 | 13.83x |
| 2025-11-26 | 13.72x |
| 2025-11-25 | 13.77x |
| 2025-11-24 | 13.65x |
| 2025-11-21 | 13.72x |
| 2025-11-20 | 13.62x |
| 2025-11-19 | 13.75x |
| 2025-11-18 | 13.80x |
| 2025-11-17 | 14.04x |
| 2025-11-14 | 14.19x |
| 2025-11-13 | 14.24x |
| 2025-11-12 | 14.33x |
| 2025-11-11 | 14.26x |
| 2025-11-10 | 14.04x |
| 2025-11-07 | 13.93x |
| 2025-11-06 | 14.03x |
| 2025-11-05 | 14.09x |
| 2025-11-04 | 14.06x |
| 2025-11-03 | 14.13x |
| 2025-10-31 | 14.31x |
| 2025-10-30 | 14.25x |
| 2025-10-29 | 14.28x |
| 2025-10-28 | 14.35x |
| 2025-10-27 | 14.39x |
| 2025-10-24 | 14.44x |
| 2025-10-23 | 18.69x |
| 2025-10-22 | 17.84x |
| 2025-10-21 | 17.99x |
| 2025-10-20 | 17.80x |
| 2025-10-17 | 17.61x |
| 2025-10-16 | 17.63x |
| 2025-10-15 | 17.59x |
| 2025-10-14 | 17.96x |
| 2025-10-13 | 17.61x |
| 2025-10-10 | 17.49x |
| 2025-10-09 | 17.69x |
| 2025-10-08 | 18.03x |
| 2025-10-07 | 17.98x |
| 2025-10-06 | 17.98x |
| 2025-10-03 | 17.98x |
| 2025-10-02 | 18.10x |
| 2025-10-01 | 18.05x |
| 2025-09-30 | 18.07x |
| 2025-09-29 | 18.00x |
| 2025-09-26 | 17.93x |
| 2025-09-25 | 17.90x |
| 2025-09-24 | 17.96x |
| 2025-09-23 | 18.00x |
| 2025-09-22 | 17.98x |
| 2025-09-19 | 18.00x |
| 2025-09-18 | 18.05x |
| 2025-09-17 | 18.14x |
| 2025-09-16 | 18.10x |
| 2025-09-15 | 18.15x |
| 2025-09-12 | 18.13x |
| 2025-09-11 | 18.37x |
| 2025-09-10 | 18.15x |
| 2025-09-09 | 18.30x |
| 2025-09-08 | 18.33x |
| 2025-09-05 | 18.30x |
| 2025-09-04 | 18.36x |
| 2025-09-03 | 18.29x |
| 2025-09-02 | 18.50x |
| 2025-08-29 | 18.62x |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
