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 23.90x is 42% below its estimated 5-year average of 41.04x, near the low end of its estimated 5-year range (17.61x–102.38x).
As of 2026-10-06T18:57:16.075Z. 16.96% below its estimated 12-month average of 28.78x.
Calculation as of: 2026-10-06T18:57:16.075Z.
Quote observation: 2026-10-06T18:55:07.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 4679171241458b1fe7ddab1ccf512cb384e8abfde0e44d1922fc54de843a5ffb
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 2026-10-05.
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
23.90x
EV/FCF RATIO AVG TTM
28.78x
EV/FCF RATIO AVG 3Y
30.44x
EV/FCF RATIO AVG 5Y
41.04x
EV/FCF RATIO AVG 10Y
N/A
EV/FCF RATIO AVG 15Y
N/A
EV/FCF RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-16.96%
CURRENT VS 3Y AVG
-21.50%
CURRENT VS 5Y AVG
-41.77%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
24.80x
median of 205 covered companies
CURRENT VS SECTOR MEDIAN
-3.63%
vs the sector median at left
Innovage Holding Corp.
Market Cap
$1.22B
EV/FCF Ratio
23.90x
TTM Avg
28.78x
3Y Avg
30.44x
5Y Avg
41.04x
Market Cap
$1.21B
EV/FCF Ratio
N/A
TTM Avg
74.41x
3Y Avg
125.98x
5Y Avg
125.98x
Market Cap
$1.23B
EV/FCF Ratio
15.43x
TTM Avg
580.30x
3Y Avg
501.54x
5Y Avg
501.54x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Innovage Holding Corp. (INNV) | $1.22B | 23.90x | 28.78x | 30.44x | 41.04x |
| ORIC Pharmaceuticals, Inc. (ORIC)vs › | $1.22B | N/A | N/A | N/A | N/A |
| MannKind Corporation (MNKD)vs › | $1.21B | N/A | 74.41x | 125.98x | 125.98x |
| Omada Health (OMDA)vs › | $1.23B | 49.97x | 50.12x | 50.12x | 50.12x |
| Tyra Biosciences, Inc. (TYRA)vs › | $1.20B | N/A | N/A | N/A | N/A |
| Cronos Group Inc. (CRON)vs › | $1.23B | 15.43x | 580.30x | 501.54x | 501.54x |
| Damora Therapeutics, Inc. (DMRA)vs › | $1.18B | N/A | N/A | N/A | N/A |
| Kardigan, Inc. (KARD)vs › | $1.28B | N/A | N/A | N/A | N/A |
| Nektar Therapeutics (NKTR)vs › | $1.14B | N/A | 9.20x | 9.20x | 9.20x |
| GoodRx Holdings, Inc. (GDRX)vs › | $1.14B | 9.50x | 11.64x | 21.94x | 33.17x |
EV/FCF
23.9x
P/FCF
24.1x
FCF Yield
4.15%
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 |
|---|---|
| 2026-10-05 | 24.24x |
| 2026-10-02 | 24.13x |
| 2026-10-01 | 23.69x |
| 2026-09-30 | 23.69x |
| 2026-09-29 | 24.18x |
| 2026-09-28 | 23.94x |
| 2026-09-25 | 24.24x |
| 2026-09-24 | 23.80x |
| 2026-09-23 | 24.24x |
| 2026-09-22 | 28.75x |
| 2026-09-21 | 28.58x |
| 2026-09-18 | 29.45x |
| 2026-09-17 | 28.85x |
| 2026-09-16 | 29.26x |
| 2026-09-15 | 29.45x |
| 2026-09-14 | 29.05x |
| 2026-09-11 | 28.99x |
| 2026-09-10 | 28.58x |
| 2026-09-09 | 29.75x |
| 2026-09-08 | 36.69x |
| 2026-09-04 | 37.49x |
| 2026-09-03 | 37.56x |
| 2026-09-02 | 37.70x |
| 2026-09-01 | 37.77x |
| 2026-08-31 | 37.66x |
| 2026-08-28 | 37.87x |
| 2026-08-27 | 38.47x |
| 2026-08-26 | 38.50x |
| 2026-08-25 | 38.08x |
| 2026-08-24 | 38.43x |
| 2026-08-21 | 38.22x |
| 2026-08-20 | 37.38x |
| 2026-08-19 | 38.15x |
| 2026-08-18 | 38.71x |
| 2026-08-17 | 37.21x |
| 2026-08-14 | 37.00x |
| 2026-08-13 | 37.14x |
| 2026-08-12 | 36.37x |
| 2026-08-11 | 35.67x |
| 2026-08-10 | 38.01x |
| 2026-08-07 | 38.99x |
| 2026-08-06 | 38.29x |
| 2026-08-05 | 38.68x |
| 2026-08-04 | 37.84x |
| 2026-08-03 | 39.16x |
| 2026-07-31 | 39.62x |
| 2026-07-30 | 40.46x |
| 2026-07-29 | 40.00x |
| 2026-07-28 | 41.19x |
| 2026-07-27 | 40.04x |
| 2026-07-24 | 40.32x |
| 2026-07-23 | 39.02x |
| 2026-07-22 | 40.74x |
| 2026-07-21 | 41.29x |
| 2026-07-20 | 38.64x |
| 2026-07-17 | 40.11x |
| 2026-07-16 | 41.40x |
| 2026-07-15 | 40.39x |
| 2026-07-14 | 40.49x |
| 2026-07-13 | 39.30x |
| 2026-07-10 | 40.18x |
| 2026-07-09 | 41.47x |
| 2026-07-08 | 40.18x |
| 2026-07-07 | 40.63x |
| 2026-07-06 | 42.24x |
| 2026-07-02 | 41.82x |
| 2026-07-01 | 40.84x |
| 2026-06-30 | 41.33x |
| 2026-06-29 | 40.49x |
| 2026-06-26 | 37.63x |
| 2026-06-25 | 36.09x |
| 2026-06-24 | 33.72x |
| 2026-06-23 | 32.50x |
| 2026-06-22 | 32.11x |
| 2026-06-18 | 31.27x |
| 2026-06-17 | 31.90x |
| 2026-06-16 | 32.36x |
| 2026-06-15 | 31.94x |
| 2026-06-12 | 31.76x |
| 2026-06-11 | 31.90x |
| 2026-06-10 | 29.00x |
| 2026-06-09 | 26.80x |
| 2026-06-08 | 25.69x |
| 2026-06-05 | 25.44x |
| 2026-06-04 | 25.09x |
| 2026-06-03 | 24.67x |
| 2026-06-02 | 25.16x |
| 2026-06-01 | 25.44x |
| 2026-05-29 | 26.46x |
| 2026-05-28 | 26.18x |
| 2026-05-27 | 25.90x |
| 2026-05-26 | 25.62x |
| 2026-05-22 | 25.09x |
| 2026-05-21 | 25.69x |
| 2026-05-20 | 26.18x |
| 2026-05-19 | 25.13x |
| 2026-05-18 | 25.27x |
| 2026-05-15 | 24.81x |
| 2026-05-14 | 25.90x |
| 2026-05-13 | 25.76x |
| 2026-05-12 | 26.32x |
| 2026-05-11 | 25.65x |
| 2026-05-08 | 26.39x |
| 2026-05-07 | 24.69x |
| 2026-05-06 | 24.81x |
| 2026-05-05 | 24.34x |
| 2026-05-04 | 24.96x |
| 2026-05-01 | 25.41x |
| 2026-04-30 | 24.90x |
| 2026-04-29 | 24.66x |
| 2026-04-28 | 25.26x |
| 2026-04-27 | 24.72x |
| 2026-04-24 | 24.31x |
| 2026-04-23 | 23.69x |
| 2026-04-22 | 23.42x |
| 2026-04-21 | 23.24x |
| 2026-04-20 | 24.31x |
| 2026-04-17 | 25.17x |
| 2026-04-16 | 25.55x |
| 2026-04-15 | 24.90x |
| 2026-04-14 | 24.96x |
| 2026-04-13 | 24.87x |
| 2026-04-10 | 25.05x |
| 2026-04-09 | 25.91x |
| 2026-04-08 | 25.49x |
| 2026-04-07 | 24.13x |
| 2026-04-06 | 24.37x |
| 2026-04-02 | 23.30x |
| 2026-04-01 | 24.52x |
| 2026-03-31 | 24.52x |
| 2026-03-30 | 24.07x |
| 2026-03-27 | 24.19x |
| 2026-03-26 | 24.22x |
| 2026-03-25 | 24.84x |
| 2026-03-24 | 24.07x |
| 2026-03-23 | 24.34x |
| 2026-03-20 | 23.72x |
| 2026-03-19 | 25.52x |
| 2026-03-18 | 25.17x |
| 2026-03-17 | 26.00x |
| 2026-03-16 | 26.62x |
| 2026-03-13 | 25.61x |
| 2026-03-12 | 25.43x |
| 2026-03-11 | 26.21x |
| 2026-03-10 | 26.65x |
| 2026-03-09 | 26.71x |
| 2026-03-06 | 27.36x |
| 2026-03-05 | 28.99x |
| 2026-03-04 | 32.17x |
| 2026-03-03 | 28.87x |
| 2026-03-02 | 28.22x |
| 2026-02-27 | 27.30x |
| 2026-02-26 | 28.31x |
| 2026-02-25 | 27.13x |
| 2026-02-24 | 27.18x |
| 2026-02-23 | 27.18x |
| 2026-02-20 | 24.93x |
| 2026-02-19 | 24.69x |
| 2026-02-18 | 24.40x |
| 2026-02-17 | 25.88x |
| 2026-02-13 | 25.52x |
| 2026-02-12 | 25.49x |
| 2026-02-11 | 24.99x |
| 2026-02-10 | 25.55x |
| 2026-02-09 | 26.62x |
| 2026-02-06 | 25.52x |
| 2026-02-05 | 22.88x |
| 2026-02-04 | 23.80x |
| 2026-02-03 | 24.58x |
| 2026-02-02 | 24.74x |
| 2026-01-30 | 24.12x |
| 2026-01-29 | 24.70x |
| 2026-01-28 | 23.91x |
| 2026-01-27 | 24.99x |
| 2026-01-26 | 26.16x |
| 2026-01-23 | 25.29x |
| 2026-01-22 | 25.74x |
| 2026-01-21 | 25.79x |
| 2026-01-20 | 25.74x |
| 2026-01-16 | 25.37x |
| 2026-01-15 | 25.37x |
| 2026-01-14 | 24.07x |
| 2026-01-13 | 24.74x |
| 2026-01-12 | 24.16x |
| 2026-01-09 | 23.07x |
| 2026-01-08 | 23.82x |
| 2026-01-07 | 23.07x |
| 2026-01-06 | 23.49x |
| 2026-01-05 | 23.82x |
| 2026-01-02 | 22.61x |
| 2025-12-31 | 22.61x |
| 2025-12-30 | 22.91x |
| 2025-12-29 | 23.41x |
| 2025-12-26 | 24.07x |
| 2025-12-24 | 24.33x |
| 2025-12-23 | 24.78x |
| 2025-12-22 | 24.66x |
| 2025-12-19 | 25.99x |
| 2025-12-18 | 25.95x |
| 2025-12-17 | 25.49x |
| 2025-12-16 | 24.12x |
| 2025-12-15 | 25.24x |
| 2025-12-12 | 23.49x |
| 2025-12-11 | 23.32x |
| 2025-12-10 | 22.45x |
| 2025-12-09 | 22.03x |
| 2025-12-08 | 20.94x |
| 2025-12-05 | 21.95x |
| 2025-12-04 | 22.45x |
| 2025-12-03 | 22.16x |
| 2025-12-02 | 22.03x |
| 2025-12-01 | 23.78x |
| 2025-11-28 | 22.99x |
| 2025-11-26 | 21.65x |
| 2025-11-25 | 23.16x |
| 2025-11-24 | 23.16x |
| 2025-11-21 | 22.86x |
| 2025-11-20 | 21.61x |
| 2025-11-19 | 21.95x |
| 2025-11-18 | 24.28x |
| 2025-11-17 | 21.70x |
| 2025-11-14 | 21.15x |
| 2025-11-13 | 23.32x |
| 2025-11-12 | 24.70x |
| 2025-11-11 | 23.57x |
| 2025-11-10 | 22.03x |
| 2025-11-07 | 23.03x |
| 2025-11-06 | 21.32x |
| 2025-11-05 | 17.61x |
| 2025-11-04 | 30.28x |
| 2025-11-03 | 29.68x |
| 2025-10-31 | 28.20x |
| 2025-10-30 | 28.92x |
| 2025-10-29 | 30.16x |
| 2025-10-28 | 31.70x |
| 2025-10-27 | 31.34x |
| 2025-10-24 | 32.82x |
| 2025-10-23 | 32.53x |
| 2025-10-22 | 31.93x |
| 2025-10-21 | 31.93x |
| 2025-10-20 | 33.30x |
| 2025-10-17 | 33.24x |
| 2025-10-16 | 34.18x |
| 2025-10-15 | 35.49x |
| 2025-10-14 | 35.96x |
| 2025-10-13 | 34.48x |
| 2025-10-10 | 31.88x |
| 2025-10-09 | 36.79x |
| 2025-10-08 | 36.20x |
| 2025-10-07 | 32.47x |
| 2025-10-06 | 32.11x |
| 2025-10-03 | 31.28x |
| 2025-10-02 | 31.11x |
| 2025-10-01 | 32.35x |
| 2025-09-30 | 32.17x |
| 2025-09-29 | 30.63x |
| 2025-09-26 | 30.04x |
| 2025-09-25 | 29.98x |
| 2025-09-24 | 31.58x |
| 2025-09-23 | 30.10x |
Showing the most recent 260 of 614 data points. The chart above shows the full history.
