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 11.12x is 62% below its estimated 5-year average of 29.20x, near the low end of its estimated 5-year range (9.39x–69.63x).
As of 2026-10-03T20:22:06.463Z. 18.39% below its estimated 12-month average of 13.63x.
Calculation as of: 2026-10-03T20:22:06.463Z.
Quote observation: 2026-10-02T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: f94197fc9ae1e9bc3289ba1f1e3855ef708b774b3f0dce158dd12b3e5a4090c4
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
11.12x
EV/FCF RATIO AVG TTM
13.63x
EV/FCF RATIO AVG 3Y
17.53x
EV/FCF RATIO AVG 5Y
29.20x
EV/FCF RATIO AVG 10Y
23.93x
EV/FCF RATIO AVG 15Y
22.95x
EV/FCF RATIO AVG 20Y
22.29x
CURRENT VS TTM AVG
-18.39%
CURRENT VS 3Y AVG
-36.56%
CURRENT VS 5Y AVG
-61.92%
CURRENT VS 10Y AVG
-53.54%
CURRENT VS 15Y AVG
-51.54%
CURRENT VS 20Y AVG
-50.10%
SECTOR MEDIAN · HEALTHCARE
24.89x
median of 82 covered companies
CURRENT VS SECTOR MEDIAN
-55.32%
vs the sector median at left
ICON Public Limited Company
Market Cap
$12.41B
EV/FCF Ratio
11.12x
TTM Avg
13.63x
3Y Avg
17.53x
5Y Avg
29.20x
Market Cap
$12.14B
EV/FCF Ratio
29.00x
TTM Avg
49.45x
3Y Avg
50.09x
5Y Avg
47.02x
Market Cap
$11.88B
EV/FCF Ratio
35.36x
TTM Avg
32.18x
3Y Avg
40.98x
5Y Avg
48.30x
Market Cap
$11.34B
EV/FCF Ratio
43.16x
TTM Avg
40.42x
3Y Avg
44.56x
5Y Avg
48.29x
Market Cap
$11.10B
EV/FCF Ratio
19.89x
TTM Avg
34.54x
3Y Avg
77.94x
5Y Avg
64.59x
Market Cap
$13.98B
EV/FCF Ratio
45.37x
TTM Avg
27.95x
3Y Avg
28.33x
5Y Avg
34.71x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ICON Public Limited Company (ICLR) | $12.41B | 11.12x | 13.63x | 17.53x | 29.20x |
| Penumbra, Inc. (PEN)vs › | $12.51B | 57.97x | 68.77x | 600.89x | 1633.24x |
| Baxter International Inc. (BAX)vs › | $12.14B | 29.00x | 49.45x | 50.09x | 47.02x |
| Encompass Health Corporation (EHC)vs › | $11.88B | 35.36x | 32.18x | 40.98x | 48.30x |
| DaVita Inc. (DVA)vs › | $11.47B | 13.41x | 17.88x | 17.66x | 17.78x |
| Tempus AI, Inc. (TEM)vs › | $13.43B | N/A | N/A | N/A | N/A |
| Bio-Techne Corporation (TECH)vs › | $11.34B | 43.16x | 40.42x | 44.56x | 48.29x |
| The Cooper Companies, Inc. (COO)vs › | $11.10B | 19.89x | 34.54x | 77.94x | 64.59x |
| Charles River Laboratories International, Inc. (CRL)vs › | $13.98B | 45.37x | 27.95x | 28.33x | 34.71x |
| Universal Health Services, Inc. (UHS)vs › | $10.64B | 19.06x | 19.23x | 23.03x | 56.67x |
EV/FCF
11.1x
P/FCF
9.2x
FCF Yield
10.85%
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 |
|---|---|
| 2026-10-02 | 11.22x |
| 2026-10-01 | 11.21x |
| 2026-09-30 | 11.68x |
| 2026-09-29 | 11.70x |
| 2026-09-28 | 12.00x |
| 2026-09-25 | 11.81x |
| 2026-09-24 | 11.90x |
| 2026-09-23 | 11.33x |
| 2026-09-22 | 11.51x |
| 2026-09-21 | 11.65x |
| 2026-09-18 | 11.34x |
| 2026-09-17 | 11.66x |
| 2026-09-16 | 11.90x |
| 2026-09-15 | 11.82x |
| 2026-09-14 | 11.62x |
| 2026-09-11 | 11.64x |
| 2026-09-10 | 11.43x |
| 2026-09-09 | 11.07x |
| 2026-09-08 | 11.01x |
| 2026-09-04 | 11.38x |
| 2026-09-03 | 11.31x |
| 2026-09-02 | 11.09x |
| 2026-09-01 | 11.18x |
| 2026-08-31 | 11.39x |
| 2026-08-28 | 11.68x |
| 2026-08-27 | 11.66x |
| 2026-08-26 | 11.62x |
| 2026-08-25 | 11.61x |
| 2026-08-24 | 11.88x |
| 2026-08-21 | 11.80x |
| 2026-08-20 | 11.92x |
| 2026-08-19 | 11.82x |
| 2026-08-18 | 11.51x |
| 2026-08-17 | 11.64x |
| 2026-08-14 | 11.28x |
| 2026-08-13 | 11.53x |
| 2026-08-12 | 11.51x |
| 2026-08-11 | 11.42x |
| 2026-08-10 | 11.45x |
| 2026-08-07 | 11.36x |
| 2026-08-06 | 11.17x |
| 2026-08-05 | 11.30x |
| 2026-08-04 | 10.92x |
| 2026-08-03 | 11.01x |
| 2026-07-31 | 11.31x |
| 2026-07-30 | 12.54x |
| 2026-07-29 | 13.33x |
| 2026-07-28 | 13.46x |
| 2026-07-27 | 12.75x |
| 2026-07-24 | 12.56x |
| 2026-07-23 | 12.84x |
| 2026-07-22 | 12.65x |
| 2026-07-21 | 12.61x |
| 2026-07-20 | 12.58x |
| 2026-07-17 | 12.82x |
| 2026-07-16 | 12.82x |
| 2026-07-15 | 12.95x |
| 2026-07-14 | 12.69x |
| 2026-07-13 | 12.58x |
| 2026-07-10 | 12.68x |
| 2026-07-09 | 12.74x |
| 2026-07-08 | 12.54x |
| 2026-07-07 | 12.74x |
| 2026-07-06 | 12.88x |
| 2026-07-02 | 13.01x |
| 2026-07-01 | 13.14x |
| 2026-06-30 | 13.05x |
| 2026-06-29 | 13.01x |
| 2026-06-26 | 12.81x |
| 2026-06-25 | 12.26x |
| 2026-06-24 | 12.08x |
| 2026-06-23 | 10.57x |
| 2026-06-22 | 10.45x |
| 2026-06-18 | 10.76x |
| 2026-06-17 | 10.60x |
| 2026-06-16 | 10.62x |
| 2026-06-15 | 10.86x |
| 2026-06-12 | 10.77x |
| 2026-06-11 | 10.99x |
| 2026-06-10 | 10.68x |
| 2026-06-09 | 11.11x |
| 2026-06-08 | 11.13x |
| 2026-06-05 | 10.97x |
| 2026-06-04 | 11.16x |
| 2026-06-03 | 10.64x |
| 2026-06-02 | 10.26x |
| 2026-06-01 | 10.29x |
| 2026-05-29 | 10.18x |
| 2026-05-28 | 10.22x |
| 2026-05-27 | 12.40x |
| 2026-05-26 | 12.04x |
| 2026-05-22 | 12.27x |
| 2026-05-21 | 12.26x |
| 2026-05-20 | 12.14x |
| 2026-05-19 | 12.02x |
| 2026-05-18 | 12.04x |
| 2026-05-15 | 12.24x |
| 2026-05-14 | 12.30x |
| 2026-05-13 | 12.32x |
| 2026-05-12 | 12.68x |
| 2026-05-11 | 12.44x |
| 2026-05-08 | 12.88x |
| 2026-05-07 | 12.92x |
| 2026-05-06 | 12.85x |
| 2026-05-05 | 12.63x |
| 2026-05-04 | 11.90x |
| 2026-05-01 | 11.96x |
| 2026-04-30 | 12.39x |
| 2026-04-29 | 12.22x |
| 2026-04-28 | 11.15x |
| 2026-04-27 | 11.21x |
| 2026-04-24 | 11.13x |
| 2026-04-23 | 11.45x |
| 2026-04-22 | 12.17x |
| 2026-04-21 | 12.15x |
| 2026-04-20 | 12.30x |
| 2026-04-17 | 12.50x |
| 2026-04-16 | 12.18x |
| 2026-04-15 | 12.25x |
| 2026-04-14 | 11.98x |
| 2026-04-13 | 11.77x |
| 2026-04-10 | 11.49x |
| 2026-04-09 | 11.48x |
| 2026-04-08 | 11.47x |
| 2026-04-07 | 11.52x |
| 2026-04-06 | 11.71x |
| 2026-04-02 | 12.07x |
| 2026-04-01 | 11.85x |
| 2026-03-31 | 11.79x |
| 2026-03-30 | 11.36x |
| 2026-03-27 | 11.12x |
| 2026-03-26 | 11.20x |
| 2026-03-25 | 10.96x |
| 2026-03-24 | 11.06x |
| 2026-03-23 | 10.98x |
| 2026-03-20 | 10.93x |
| 2026-03-19 | 10.80x |
| 2026-03-18 | 10.73x |
| 2026-03-17 | 11.00x |
| 2026-03-16 | 10.77x |
| 2026-03-13 | 10.83x |
| 2026-03-12 | 10.76x |
| 2026-03-11 | 11.38x |
| 2026-03-10 | 11.48x |
| 2026-03-09 | 11.74x |
| 2026-03-06 | 11.52x |
| 2026-03-05 | 11.79x |
| 2026-03-04 | 11.76x |
| 2026-03-03 | 11.64x |
| 2026-03-02 | 11.61x |
| 2026-02-27 | 11.60x |
| 2026-02-26 | 11.44x |
| 2026-02-25 | 11.04x |
| 2026-02-24 | 11.28x |
| 2026-02-23 | 11.32x |
| 2026-02-20 | 10.93x |
| 2026-02-19 | 10.83x |
| 2026-02-18 | 10.68x |
| 2026-02-17 | 10.06x |
| 2026-02-13 | 10.41x |
| 2026-02-12 | 9.39x |
| 2026-02-11 | 13.56x |
| 2026-02-10 | 14.45x |
| 2026-02-09 | 15.24x |
| 2026-02-06 | 14.92x |
| 2026-02-05 | 14.52x |
| 2026-02-04 | 15.91x |
| 2026-02-03 | 16.28x |
| 2026-02-02 | 17.12x |
| 2026-01-30 | 17.25x |
| 2026-01-29 | 17.69x |
| 2026-01-28 | 17.73x |
| 2026-01-27 | 17.85x |
| 2026-01-26 | 17.81x |
| 2026-01-23 | 17.76x |
| 2026-01-22 | 17.76x |
| 2026-01-21 | 17.61x |
| 2026-01-20 | 16.96x |
| 2026-01-16 | 17.43x |
| 2026-01-15 | 17.43x |
| 2026-01-14 | 17.60x |
| 2026-01-13 | 17.49x |
| 2026-01-12 | 17.24x |
| 2026-01-09 | 17.34x |
| 2026-01-08 | 17.87x |
| 2026-01-07 | 19.03x |
| 2026-01-06 | 18.91x |
| 2026-01-05 | 18.61x |
| 2026-01-02 | 17.91x |
| 2025-12-31 | 17.40x |
| 2025-12-30 | 17.47x |
| 2025-12-29 | 17.41x |
| 2025-12-26 | 17.45x |
| 2025-12-24 | 17.52x |
| 2025-12-23 | 17.47x |
| 2025-12-22 | 17.16x |
| 2025-12-19 | 16.74x |
| 2025-12-18 | 17.13x |
| 2025-12-17 | 17.18x |
| 2025-12-16 | 17.42x |
| 2025-12-15 | 17.57x |
| 2025-12-12 | 17.75x |
| 2025-12-11 | 18.01x |
| 2025-12-10 | 17.69x |
| 2025-12-09 | 17.33x |
| 2025-12-08 | 17.39x |
| 2025-12-05 | 17.69x |
| 2025-12-04 | 17.68x |
| 2025-12-03 | 17.84x |
| 2025-12-02 | 17.48x |
| 2025-12-01 | 17.21x |
| 2025-11-28 | 17.62x |
| 2025-11-26 | 17.52x |
| 2025-11-25 | 16.80x |
| 2025-11-24 | 16.02x |
| 2025-11-21 | 16.02x |
| 2025-11-20 | 15.51x |
| 2025-11-19 | 15.57x |
| 2025-11-18 | 15.74x |
| 2025-11-17 | 15.39x |
| 2025-11-14 | 15.83x |
| 2025-11-13 | 15.93x |
| 2025-11-12 | 15.93x |
| 2025-11-11 | 15.93x |
| 2025-11-10 | 15.48x |
| 2025-11-07 | 15.59x |
| 2025-11-06 | 15.66x |
| 2025-11-05 | 15.95x |
| 2025-11-04 | 15.89x |
| 2025-11-03 | 16.35x |
| 2025-10-31 | 16.59x |
| 2025-10-30 | 16.08x |
| 2025-10-29 | 16.13x |
| 2025-10-28 | 17.05x |
| 2025-10-27 | 17.39x |
| 2025-10-24 | 17.08x |
| 2025-10-23 | 17.23x |
| 2025-10-22 | 18.42x |
| 2025-10-21 | 18.47x |
| 2025-10-20 | 18.09x |
| 2025-10-17 | 17.82x |
| 2025-10-16 | 18.09x |
| 2025-10-15 | 18.04x |
| 2025-10-14 | 17.89x |
| 2025-10-13 | 17.90x |
| 2025-10-10 | 17.70x |
| 2025-10-09 | 18.03x |
| 2025-10-08 | 17.93x |
| 2025-10-07 | 17.95x |
| 2025-10-06 | 18.25x |
| 2025-10-03 | 18.52x |
| 2025-10-02 | 18.45x |
| 2025-10-01 | 18.39x |
| 2025-09-30 | 17.02x |
| 2025-09-29 | 16.11x |
| 2025-09-26 | 16.13x |
| 2025-09-25 | 16.03x |
| 2025-09-24 | 16.43x |
| 2025-09-23 | 16.66x |
| 2025-09-22 | 16.69x |
Showing the most recent 260 of 4,365 data points. The chart above shows the full history.