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 45.58x is 30% below its estimated 5-year average of 65.24x, near the low end of its estimated 5-year range (15.47x–707.82x).
As of 2026-10-02T20:30:52.397Z. 82.30% above its estimated 12-month average of 25.00x.
Calculation as of: 2026-10-02T20:30:52.397Z.
Quote observation: 2026-10-02T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 68d974e15a8266ddc93c7b2c8b7bae87600a98df9f9341d8623e7366e780aece
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 2026-10-01.
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
45.58x
EV/FCF RATIO AVG TTM
25.00x
EV/FCF RATIO AVG 3Y
38.30x
EV/FCF RATIO AVG 5Y
65.24x
EV/FCF RATIO AVG 10Y
51.00x
EV/FCF RATIO AVG 15Y
52.42x
EV/FCF RATIO AVG 20Y
52.80x
CURRENT VS TTM AVG
+82.30%
CURRENT VS 3Y AVG
+19.00%
CURRENT VS 5Y AVG
-30.13%
CURRENT VS 10Y AVG
-10.62%
CURRENT VS 15Y AVG
-13.05%
CURRENT VS 20Y AVG
-13.67%
SECTOR MEDIAN · HEALTHCARE
24.89x
median of 74 covered companies
CURRENT VS SECTOR MEDIAN
+83.13%
vs the sector median at left
Market Cap
$40.89B
EV/FCF Ratio
33.42x
TTM Avg
49.43x
3Y Avg
52.68x
5Y Avg
63.15x
Market Cap
$41.75B
EV/FCF Ratio
116.61x
TTM Avg
72.25x
3Y Avg
51.43x
5Y Avg
46.88x
Market Cap
$46.04B
EV/FCF Ratio
43.96x
TTM Avg
53.87x
3Y Avg
45.84x
5Y Avg
67.70x
Market Cap
$47.38B
EV/FCF Ratio
N/A
TTM Avg
34.56x
3Y Avg
30.03x
5Y Avg
33.48x
Market Cap
$48.72B
EV/FCF Ratio
24.87x
TTM Avg
23.05x
3Y Avg
24.71x
5Y Avg
31.08x
Market Cap
$49.03B
EV/FCF Ratio
32.66x
TTM Avg
40.48x
3Y Avg
96.67x
5Y Avg
75.25x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Illumina, Inc. (ILMN) | $41.31B | 45.58x | 25.00x | 38.30x | 65.24x |
| IDEXX Laboratories, Inc. (IDXX)vs › | $40.89B | 33.42x | 49.43x | 52.68x | 63.15x |
| Waters Corporation (WAT)vs › | $41.75B | 116.61x | 72.25x | 51.43x | 46.88x |
| IQVIA Holdings Inc. (IQV)vs › | $42.50B | N/A | 22.33x | 29.91x | 29.88x |
| Teva Pharmaceutical Industries Limited (TEVA)vs › | $46.04B | 43.96x | 53.87x | 45.84x | 67.70x |
| Humana Inc. (HUM)vs › | $46.63B | N/A | 37.20x | 23.83x | 32.41x |
| Agilent Technologies, Inc. (A)vs › | $47.38B | N/A | 34.56x | 30.03x | 33.48x |
| Becton, Dickinson and Company (BDX)vs › | $48.72B | 24.87x | 23.05x | 24.71x | 31.08x |
| Edwards Lifesciences Corporation (EW)vs › | $49.03B | 32.66x | 40.48x | 96.67x | 75.25x |
| Biogen Inc. (BIIB)vs › | $32.49B | 14.67x | 13.78x | 19.58x | 20.79x |
EV/FCF
45.6x
P/FCF
44.0x
FCF Yield
2.27%
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 |
|---|---|
| 2026-10-01 | 44.88x |
| 2026-09-30 | 46.18x |
| 2026-09-29 | 45.90x |
| 2026-09-28 | 45.89x |
| 2026-09-25 | 45.58x |
| 2026-09-24 | 46.21x |
| 2026-09-23 | 43.20x |
| 2026-09-22 | 41.90x |
| 2026-09-21 | 40.50x |
| 2026-09-18 | 40.63x |
| 2026-09-17 | 41.53x |
| 2026-09-16 | 38.89x |
| 2026-09-15 | 37.80x |
| 2026-09-14 | 35.51x |
| 2026-09-11 | 35.22x |
| 2026-09-10 | 34.38x |
| 2026-09-09 | 34.99x |
| 2026-09-08 | 35.97x |
| 2026-09-04 | 37.14x |
| 2026-09-03 | 37.70x |
| 2026-09-02 | 36.33x |
| 2026-09-01 | 35.33x |
| 2026-08-31 | 36.39x |
| 2026-08-28 | 36.71x |
| 2026-08-27 | 38.68x |
| 2026-08-26 | 38.22x |
| 2026-08-25 | 38.24x |
| 2026-08-24 | 37.95x |
| 2026-08-21 | 37.33x |
| 2026-08-20 | 36.33x |
| 2026-08-19 | 34.99x |
| 2026-08-18 | 32.26x |
| 2026-08-17 | 33.05x |
| 2026-08-14 | 32.69x |
| 2026-08-13 | 32.97x |
| 2026-08-12 | 33.02x |
| 2026-08-11 | 33.00x |
| 2026-08-10 | 32.83x |
| 2026-08-07 | 32.21x |
| 2026-08-06 | 33.15x |
| 2026-08-05 | 34.15x |
| 2026-08-04 | 34.66x |
| 2026-08-03 | 33.87x |
| 2026-07-31 | 33.41x |
| 2026-07-30 | 33.41x |
| 2026-07-29 | 31.81x |
| 2026-07-28 | 31.52x |
| 2026-07-27 | 30.97x |
| 2026-07-24 | 31.69x |
| 2026-07-23 | 32.12x |
| 2026-07-22 | 31.19x |
| 2026-07-21 | 31.45x |
| 2026-07-20 | 30.23x |
| 2026-07-17 | 30.53x |
| 2026-07-16 | 31.10x |
| 2026-07-15 | 30.61x |
| 2026-07-14 | 31.24x |
| 2026-07-13 | 31.06x |
| 2026-07-10 | 31.09x |
| 2026-07-09 | 31.64x |
| 2026-07-08 | 30.72x |
| 2026-07-07 | 31.33x |
| 2026-07-06 | 31.73x |
| 2026-07-02 | 30.85x |
| 2026-07-01 | 30.11x |
| 2026-06-30 | 28.85x |
| 2026-06-29 | 29.67x |
| 2026-06-26 | 28.96x |
| 2026-06-25 | 29.13x |
| 2026-06-24 | 28.73x |
| 2026-06-23 | 27.15x |
| 2026-06-22 | 26.60x |
| 2026-06-18 | 26.69x |
| 2026-06-17 | 26.24x |
| 2026-06-16 | 27.05x |
| 2026-06-15 | 27.46x |
| 2026-06-12 | 26.54x |
| 2026-06-11 | 27.35x |
| 2026-06-10 | 26.77x |
| 2026-06-09 | 26.39x |
| 2026-06-08 | 26.08x |
| 2026-06-05 | 26.75x |
| 2026-06-04 | 27.64x |
| 2026-06-03 | 28.09x |
| 2026-06-02 | 26.78x |
| 2026-06-01 | 27.07x |
| 2026-05-29 | 26.85x |
| 2026-05-28 | 26.18x |
| 2026-05-27 | 24.85x |
| 2026-05-26 | 24.09x |
| 2026-05-22 | 23.96x |
| 2026-05-21 | 24.02x |
| 2026-05-20 | 23.57x |
| 2026-05-19 | 23.53x |
| 2026-05-18 | 23.51x |
| 2026-05-15 | 23.67x |
| 2026-05-14 | 23.78x |
| 2026-05-13 | 24.05x |
| 2026-05-12 | 24.16x |
| 2026-05-11 | 23.66x |
| 2026-05-08 | 23.56x |
| 2026-05-07 | 23.07x |
| 2026-05-06 | 23.67x |
| 2026-05-05 | 23.13x |
| 2026-05-04 | 23.17x |
| 2026-05-01 | 23.48x |
| 2026-04-30 | 21.99x |
| 2026-04-29 | 20.95x |
| 2026-04-28 | 22.02x |
| 2026-04-27 | 22.29x |
| 2026-04-24 | 22.18x |
| 2026-04-23 | 21.78x |
| 2026-04-22 | 22.61x |
| 2026-04-21 | 22.85x |
| 2026-04-20 | 23.00x |
| 2026-04-17 | 23.27x |
| 2026-04-16 | 22.98x |
| 2026-04-15 | 22.90x |
| 2026-04-14 | 22.58x |
| 2026-04-13 | 22.03x |
| 2026-04-10 | 21.04x |
| 2026-04-09 | 21.49x |
| 2026-04-08 | 22.20x |
| 2026-04-07 | 21.95x |
| 2026-04-06 | 22.16x |
| 2026-04-02 | 22.10x |
| 2026-04-01 | 21.98x |
| 2026-03-31 | 21.42x |
| 2026-03-30 | 21.02x |
| 2026-03-27 | 20.51x |
| 2026-03-26 | 21.61x |
| 2026-03-25 | 21.91x |
| 2026-03-24 | 21.87x |
| 2026-03-23 | 21.51x |
| 2026-03-20 | 21.60x |
| 2026-03-19 | 21.97x |
| 2026-03-18 | 21.37x |
| 2026-03-17 | 21.03x |
| 2026-03-16 | 20.77x |
| 2026-03-13 | 20.72x |
| 2026-03-12 | 20.16x |
| 2026-03-11 | 21.14x |
| 2026-03-10 | 21.27x |
| 2026-03-09 | 21.59x |
| 2026-03-06 | 21.65x |
| 2026-03-05 | 22.24x |
| 2026-03-04 | 22.36x |
| 2026-03-03 | 22.46x |
| 2026-03-02 | 23.00x |
| 2026-02-27 | 23.26x |
| 2026-02-26 | 22.10x |
| 2026-02-25 | 21.20x |
| 2026-02-24 | 21.36x |
| 2026-02-23 | 20.98x |
| 2026-02-20 | 20.51x |
| 2026-02-19 | 20.89x |
| 2026-02-18 | 20.90x |
| 2026-02-17 | 20.32x |
| 2026-02-13 | 20.37x |
| 2026-02-12 | 19.98x |
| 2026-02-11 | 19.31x |
| 2026-02-10 | 19.76x |
| 2026-02-09 | 19.45x |
| 2026-02-06 | 19.82x |
| 2026-02-05 | 21.95x |
| 2026-02-04 | 22.04x |
| 2026-02-03 | 22.23x |
| 2026-02-02 | 23.10x |
| 2026-01-30 | 23.66x |
| 2026-01-29 | 24.41x |
| 2026-01-28 | 24.43x |
| 2026-01-27 | 24.77x |
| 2026-01-26 | 24.91x |
| 2026-01-23 | 24.50x |
| 2026-01-22 | 25.06x |
| 2026-01-21 | 24.83x |
| 2026-01-20 | 24.02x |
| 2026-01-16 | 23.18x |
| 2026-01-15 | 23.74x |
| 2026-01-14 | 23.53x |
| 2026-01-13 | 23.99x |
| 2026-01-12 | 23.77x |
| 2026-01-09 | 23.09x |
| 2026-01-08 | 23.82x |
| 2026-01-07 | 24.48x |
| 2026-01-06 | 24.01x |
| 2026-01-05 | 23.13x |
| 2026-01-02 | 22.06x |
| 2025-12-31 | 21.57x |
| 2025-12-30 | 21.82x |
| 2025-12-29 | 22.08x |
| 2025-12-26 | 22.15x |
| 2025-12-24 | 22.21x |
| 2025-12-23 | 22.34x |
| 2025-12-22 | 22.56x |
| 2025-12-19 | 22.13x |
| 2025-12-18 | 21.47x |
| 2025-12-17 | 21.33x |
| 2025-12-16 | 21.63x |
| 2025-12-15 | 22.15x |
| 2025-12-12 | 22.14x |
| 2025-12-11 | 22.38x |
| 2025-12-10 | 22.15x |
| 2025-12-09 | 21.72x |
| 2025-12-08 | 20.98x |
| 2025-12-05 | 21.24x |
| 2025-12-04 | 21.09x |
| 2025-12-03 | 21.08x |
| 2025-12-02 | 21.02x |
| 2025-12-01 | 21.20x |
| 2025-11-28 | 21.62x |
| 2025-11-26 | 21.37x |
| 2025-11-25 | 21.34x |
| 2025-11-24 | 20.78x |
| 2025-11-21 | 20.46x |
| 2025-11-20 | 19.75x |
| 2025-11-19 | 19.89x |
| 2025-11-18 | 20.17x |
| 2025-11-17 | 19.88x |
| 2025-11-14 | 19.97x |
| 2025-11-13 | 19.86x |
| 2025-11-12 | 20.17x |
| 2025-11-11 | 20.26x |
| 2025-11-10 | 20.13x |
| 2025-11-07 | 20.16x |
| 2025-11-06 | 20.04x |
| 2025-11-05 | 20.24x |
| 2025-11-04 | 19.39x |
| 2025-11-03 | 19.87x |
| 2025-10-31 | 20.43x |
| 2025-10-30 | 16.69x |
| 2025-10-29 | 16.09x |
| 2025-10-28 | 16.51x |
| 2025-10-27 | 16.90x |
| 2025-10-24 | 16.86x |
| 2025-10-23 | 16.84x |
| 2025-10-22 | 16.42x |
| 2025-10-21 | 16.68x |
| 2025-10-20 | 16.77x |
| 2025-10-17 | 16.15x |
| 2025-10-16 | 16.22x |
| 2025-10-15 | 15.78x |
| 2025-10-14 | 15.47x |
| 2025-10-13 | 16.09x |
| 2025-10-10 | 15.91x |
| 2025-10-09 | 16.30x |
| 2025-10-08 | 16.50x |
| 2025-10-07 | 16.34x |
| 2025-10-06 | 17.00x |
| 2025-10-03 | 17.16x |
| 2025-10-02 | 16.74x |
| 2025-10-01 | 17.19x |
| 2025-09-30 | 16.08x |
| 2025-09-29 | 15.60x |
| 2025-09-26 | 15.58x |
| 2025-09-25 | 15.65x |
| 2025-09-24 | 15.99x |
| 2025-09-23 | 16.75x |
| 2025-09-22 | 17.07x |
| 2025-09-19 | 17.26x |
Showing the most recent 260 of 4,596 data points. The chart above shows the full history.
