Basis: Latest stored market observation. 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 11.02x is 83% below its 5-year average of 65.51x, near the low end of its 5-year range (10.77x–896.40x).
As of Wednesday, August 5, 2026. 21.34% below its 12-month average of 14.01x.
EV/FCF RATIO
11.02x
EV/FCF RATIO AVG TTM
14.01x
EV/FCF RATIO AVG 3Y
20.48x
EV/FCF RATIO AVG 5Y
20.59x
EV/FCF RATIO AVG 10Y
25.22x
EV/FCF RATIO AVG 15Y
53.64x
EV/FCF RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-21.34%
CURRENT VS 3Y AVG
-46.19%
CURRENT VS 5Y AVG
-46.49%
CURRENT VS 10Y AVG
-56.31%
CURRENT VS 15Y AVG
-79.46%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
25.23x
median of 74 covered companies
CURRENT VS SECTOR MEDIAN
-56.33%
vs the sector median at left
Incyte Corporation
Market Cap
$24.28B
EV/FCF Ratio
11.02x
TTM Avg
14.01x
3Y Avg
20.48x
5Y Avg
20.59x
Market Cap
$24.72B
EV/FCF Ratio
56.63x
TTM Avg
49.19x
3Y Avg
58.87x
5Y Avg
63.96x
Market Cap
$25.74B
EV/FCF Ratio
27.91x
TTM Avg
22.07x
3Y Avg
25.54x
5Y Avg
20.72x
Market Cap
$26.03B
EV/FCF Ratio
26.18x
TTM Avg
20.99x
3Y Avg
23.86x
5Y Avg
19.97x
Market Cap
$26.07B
EV/FCF Ratio
110.56x
TTM Avg
58.47x
3Y Avg
47.74x
5Y Avg
44.45x
Market Cap
$22.03B
EV/FCF Ratio
23.02x
TTM Avg
20.56x
3Y Avg
17.36x
5Y Avg
17.25x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Incyte Corporation (INCY) | $24.28B | 11.02x | 14.01x | 20.48x | 20.59x |
| West Pharmaceutical Services, Inc. (WST)vs › | $24.72B | 56.63x | 49.19x | 58.87x | 63.96x |
| BioNTech SE (BNTX)vs › | $23.16B | 8.14x | 16.90x | 6.78x | 11.14x |
| Labcorp Holdings Inc. (LH)vs › | $25.74B | 27.91x | 22.07x | 25.54x | 20.72x |
| STERIS plc (STE)vs › | $22.68B | 25.26x | 26.84x | 36.02x | 45.20x |
| Quest Diagnostics Incorporated (DGX)vs › | $26.03B | 26.18x | 20.99x | 23.86x | 19.97x |
| Waters Corporation (WAT)vs › | $26.07B | 110.56x | 58.47x | 47.74x | 44.45x |
| Moderna, Inc. (MRNA)vs › | $22.32B | N/A | 26.90x | 26.23x | 26.23x |
| United Therapeutics Corporation (UTHR)vs › | $22.03B | 23.02x | 20.56x | 17.36x | 17.25x |
| Viatris Inc. (VTRS)vs › | $20.55B | 19.47x | 17.09x | 15.36x | 15.22x |
EV/FCF
11.0x
P/FCF
13.1x
FCF Yield
7.65%
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 |
|---|---|
| 2026-08-04 | 11.02x |
| 2026-08-03 | 10.79x |
| 2026-07-31 | 10.90x |
| 2026-07-30 | 11.28x |
| 2026-07-29 | 11.73x |
| 2026-07-28 | 12.03x |
| 2026-07-27 | 14.58x |
| 2026-07-24 | 14.41x |
| 2026-07-23 | 14.27x |
| 2026-07-22 | 14.14x |
| 2026-07-21 | 14.37x |
| 2026-07-20 | 14.12x |
| 2026-07-17 | 14.35x |
| 2026-07-16 | 14.27x |
| 2026-07-15 | 14.04x |
| 2026-07-14 | 14.01x |
| 2026-07-13 | 13.92x |
| 2026-07-10 | 14.28x |
| 2026-07-09 | 14.53x |
| 2026-07-08 | 14.35x |
| 2026-07-07 | 14.47x |
| 2026-07-06 | 14.12x |
| 2026-07-02 | 14.30x |
| 2026-07-01 | 13.86x |
| 2026-06-30 | 13.80x |
| 2026-06-29 | 13.98x |
| 2026-06-26 | 13.85x |
| 2026-06-25 | 12.97x |
| 2026-06-24 | 13.10x |
| 2026-06-23 | 12.52x |
| 2026-06-22 | 12.41x |
| 2026-06-18 | 11.64x |
| 2026-06-17 | 11.75x |
| 2026-06-16 | 11.86x |
| 2026-06-15 | 12.18x |
| 2026-06-12 | 13.11x |
| 2026-06-11 | 13.01x |
| 2026-06-10 | 12.66x |
| 2026-06-09 | 12.35x |
| 2026-06-08 | 11.98x |
| 2026-06-05 | 12.23x |
| 2026-06-04 | 12.07x |
| 2026-06-03 | 11.61x |
| 2026-06-02 | 10.79x |
| 2026-06-01 | 11.26x |
| 2026-05-29 | 11.43x |
| 2026-05-28 | 11.54x |
| 2026-05-27 | 11.51x |
| 2026-05-26 | 11.48x |
| 2026-05-22 | 11.49x |
| 2026-05-21 | 11.52x |
| 2026-05-20 | 11.48x |
| 2026-05-19 | 11.27x |
| 2026-05-18 | 11.21x |
| 2026-05-15 | 11.22x |
| 2026-05-14 | 11.56x |
| 2026-05-13 | 11.73x |
| 2026-05-12 | 11.77x |
| 2026-05-11 | 11.94x |
| 2026-05-08 | 11.69x |
| 2026-05-07 | 11.58x |
| 2026-05-06 | 11.87x |
| 2026-05-05 | 11.53x |
| 2026-05-04 | 11.49x |
| 2026-05-01 | 11.45x |
| 2026-04-30 | 11.22x |
| 2026-04-29 | 11.76x |
| 2026-04-28 | 11.57x |
| 2026-04-27 | 12.23x |
| 2026-04-24 | 12.07x |
| 2026-04-23 | 12.20x |
| 2026-04-22 | 12.39x |
| 2026-04-21 | 12.31x |
| 2026-04-20 | 12.41x |
| 2026-04-17 | 12.55x |
| 2026-04-16 | 12.17x |
| 2026-04-15 | 12.44x |
| 2026-04-14 | 12.53x |
| 2026-04-13 | 12.21x |
| 2026-04-10 | 12.29x |
| 2026-04-09 | 12.42x |
| 2026-04-08 | 12.26x |
| 2026-04-07 | 11.93x |
| 2026-04-06 | 12.10x |
| 2026-04-02 | 12.27x |
| 2026-04-01 | 12.02x |
| 2026-03-31 | 11.99x |
| 2026-03-30 | 11.42x |
| 2026-03-27 | 11.41x |
| 2026-03-26 | 11.71x |
| 2026-03-25 | 11.71x |
| 2026-03-24 | 11.46x |
| 2026-03-23 | 11.44x |
| 2026-03-20 | 11.49x |
| 2026-03-19 | 11.81x |
| 2026-03-18 | 11.71x |
| 2026-03-17 | 12.01x |
| 2026-03-16 | 11.82x |
| 2026-03-13 | 11.75x |
| 2026-03-12 | 11.68x |
| 2026-03-11 | 12.07x |
| 2026-03-10 | 12.28x |
| 2026-03-09 | 12.44x |
| 2026-03-06 | 12.27x |
| 2026-03-05 | 12.48x |
| 2026-03-04 | 12.71x |
| 2026-03-03 | 12.59x |
| 2026-03-02 | 12.89x |
| 2026-02-27 | 13.07x |
| 2026-02-26 | 12.89x |
| 2026-02-25 | 12.88x |
| 2026-02-24 | 13.04x |
| 2026-02-23 | 13.01x |
| 2026-02-20 | 13.08x |
| 2026-02-19 | 13.14x |
| 2026-02-18 | 13.33x |
| 2026-02-17 | 13.06x |
| 2026-02-13 | 13.05x |
| 2026-02-12 | 12.99x |
| 2026-02-11 | 12.71x |
| 2026-02-10 | 12.89x |
| 2026-02-09 | 16.33x |
| 2026-02-06 | 16.22x |
| 2026-02-05 | 15.28x |
| 2026-02-04 | 15.25x |
| 2026-02-03 | 14.97x |
| 2026-02-02 | 15.26x |
| 2026-01-30 | 14.82x |
| 2026-01-29 | 14.99x |
| 2026-01-28 | 15.01x |
| 2026-01-27 | 15.39x |
| 2026-01-26 | 15.24x |
| 2026-01-23 | 15.15x |
| 2026-01-22 | 15.66x |
| 2026-01-21 | 15.60x |
| 2026-01-20 | 15.25x |
| 2026-01-16 | 15.86x |
| 2026-01-15 | 15.69x |
| 2026-01-14 | 15.81x |
| 2026-01-13 | 15.39x |
| 2026-01-12 | 15.88x |
| 2026-01-09 | 15.97x |
| 2026-01-08 | 15.81x |
| 2026-01-07 | 16.59x |
| 2026-01-06 | 15.93x |
| 2026-01-05 | 15.11x |
| 2026-01-02 | 15.05x |
| 2025-12-31 | 14.60x |
| 2025-12-30 | 14.63x |
| 2025-12-29 | 14.69x |
| 2025-12-26 | 14.83x |
| 2025-12-24 | 14.88x |
| 2025-12-23 | 14.96x |
| 2025-12-22 | 14.93x |
| 2025-12-19 | 15.26x |
| 2025-12-18 | 14.36x |
| 2025-12-17 | 14.41x |
| 2025-12-16 | 14.31x |
| 2025-12-15 | 14.58x |
| 2025-12-12 | 14.04x |
| 2025-12-11 | 14.15x |
| 2025-12-10 | 14.00x |
| 2025-12-09 | 14.00x |
| 2025-12-08 | 14.26x |
| 2025-12-05 | 15.23x |
| 2025-12-04 | 14.89x |
| 2025-12-03 | 15.06x |
| 2025-12-02 | 15.05x |
| 2025-12-01 | 15.15x |
| 2025-11-28 | 15.56x |
| 2025-11-26 | 15.76x |
| 2025-11-25 | 15.74x |
| 2025-11-24 | 15.86x |
| 2025-11-21 | 15.16x |
| 2025-11-20 | 15.11x |
| 2025-11-19 | 15.03x |
| 2025-11-18 | 15.47x |
| 2025-11-17 | 15.51x |
| 2025-11-14 | 15.51x |
| 2025-11-13 | 15.72x |
| 2025-11-12 | 16.20x |
| 2025-11-11 | 16.18x |
| 2025-11-10 | 15.82x |
| 2025-11-07 | 15.82x |
| 2025-11-06 | 15.69x |
| 2025-11-05 | 15.77x |
| 2025-11-04 | 15.30x |
| 2025-11-03 | 15.08x |
| 2025-10-31 | 13.71x |
| 2025-10-30 | 13.56x |
| 2025-10-29 | 13.16x |
| 2025-10-28 | 13.41x |
| 2025-10-27 | 17.54x |
| 2025-10-24 | 17.16x |
| 2025-10-23 | 16.75x |
| 2025-10-22 | 16.49x |
| 2025-10-21 | 16.33x |
| 2025-10-20 | 16.09x |
| 2025-10-17 | 16.38x |
| 2025-10-16 | 16.33x |
| 2025-10-15 | 16.50x |
| 2025-10-14 | 16.04x |
| 2025-10-13 | 15.79x |
| 2025-10-10 | 15.59x |
| 2025-10-09 | 15.79x |
| 2025-10-08 | 15.92x |
| 2025-10-07 | 16.30x |
| 2025-10-06 | 16.31x |
| 2025-10-03 | 16.23x |
| 2025-10-02 | 16.11x |
| 2025-10-01 | 16.20x |
| 2025-09-30 | 15.80x |
| 2025-09-29 | 15.61x |
| 2025-09-26 | 15.36x |
| 2025-09-25 | 15.14x |
| 2025-09-24 | 15.67x |
| 2025-09-23 | 15.75x |
| 2025-09-22 | 15.79x |
| 2025-09-19 | 16.16x |
| 2025-09-18 | 16.05x |
| 2025-09-17 | 15.80x |
| 2025-09-16 | 15.61x |
| 2025-09-15 | 15.45x |
| 2025-09-12 | 15.44x |
| 2025-09-11 | 16.09x |
| 2025-09-10 | 16.11x |
| 2025-09-09 | 15.97x |
| 2025-09-08 | 16.17x |
| 2025-09-05 | 16.19x |
| 2025-09-04 | 15.94x |
| 2025-09-03 | 16.25x |
| 2025-09-02 | 16.05x |
| 2025-08-29 | 15.76x |
| 2025-08-28 | 15.57x |
| 2025-08-27 | 15.81x |
| 2025-08-26 | 15.63x |
| 2025-08-25 | 15.79x |
| 2025-08-22 | 15.85x |
| 2025-08-21 | 16.16x |
| 2025-08-20 | 16.10x |
| 2025-08-19 | 15.94x |
| 2025-08-18 | 15.83x |
| 2025-08-15 | 16.25x |
| 2025-08-14 | 16.09x |
| 2025-08-13 | 16.02x |
| 2025-08-12 | 15.13x |
| 2025-08-11 | 14.62x |
| 2025-08-08 | 14.45x |
| 2025-08-07 | 14.41x |
| 2025-08-06 | 14.30x |
| 2025-08-05 | 14.31x |
| 2025-08-04 | 14.38x |
| 2025-08-01 | 13.86x |
| 2025-07-31 | 13.72x |
| 2025-07-30 | 14.28x |
| 2025-07-29 | 14.24x |
| 2025-07-28 | 41.57x |
| 2025-07-25 | 41.60x |
| 2025-07-24 | 41.80x |
| 2025-07-23 | 41.94x |
Showing the most recent 260 of 2,546 data points. The chart above shows the full history.
