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 39.61x is 54% below its estimated 5-year average of 86.07x, near the low end of its estimated 5-year range (36.08x–441.24x).
As of 2026-09-12T00:15:44.020Z. 40.99% below its estimated 12-month average of 67.13x.
Calculation as of: 2026-09-12T00:15:44.020Z.
Quote observation: 2026-09-11T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 58cd40ec4f9876381d59721bf064571995c60891cca369aa0999830fb7dcc78a
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 2026-09-10.
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
39.61x
EV/FCF RATIO AVG TTM
67.13x
EV/FCF RATIO AVG 3Y
155.44x
EV/FCF RATIO AVG 5Y
86.07x
EV/FCF RATIO AVG 10Y
65.45x
EV/FCF RATIO AVG 15Y
51.84x
EV/FCF RATIO AVG 20Y
49.70x
CURRENT VS TTM AVG
-40.99%
CURRENT VS 3Y AVG
-74.52%
CURRENT VS 5Y AVG
-53.98%
CURRENT VS 10Y AVG
-39.48%
CURRENT VS 15Y AVG
-23.59%
CURRENT VS 20Y AVG
-20.30%
SECTOR MEDIAN · HEALTHCARE
25.02x
median of 80 covered companies
CURRENT VS SECTOR MEDIAN
+58.31%
vs the sector median at left
Intuitive Surgical, Inc.
Market Cap
$130.41B
EV/FCF Ratio
39.61x
TTM Avg
67.13x
3Y Avg
155.44x
5Y Avg
86.07x
Market Cap
$130.82B
EV/FCF Ratio
33.36x
TTM Avg
32.94x
3Y Avg
29.83x
5Y Avg
25.88x
Market Cap
$130.00B
EV/FCF Ratio
14.37x
TTM Avg
11.44x
3Y Avg
11.31x
5Y Avg
12.27x
Market Cap
$140.64B
EV/FCF Ratio
29.79x
TTM Avg
31.14x
3Y Avg
32.71x
5Y Avg
30.43x
Market Cap
$105.64B
EV/FCF Ratio
24.92x
TTM Avg
34.29x
3Y Avg
43.36x
5Y Avg
44.40x
Market Cap
$103.21B
EV/FCF Ratio
17.74x
TTM Avg
16.76x
3Y Avg
21.87x
5Y Avg
18.19x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Intuitive Surgical, Inc. (ISRG) | $130.41B | 39.61x | 67.13x | 155.44x | 86.07x |
| Vertex Pharmaceuticals Incorporated (VRTX)vs › | $130.82B | 33.36x | 32.94x | 29.83x | 25.88x |
| Bristol-Myers Squibb Company (BMY)vs › | $130.00B | 14.37x | 11.44x | 11.31x | 12.27x |
| CVS Health Corp. (CVS)vs › | $120.78B | 15.80x | 26.30x | 28.07x | 21.51x |
| Danaher Corporation (DHR)vs › | $140.64B | 29.79x | 31.14x | 32.71x | 30.43x |
| Medtronic plc (MDT)vs › | $116.43B | 23.30x | 26.90x | 27.19x | 27.69x |
| Stryker Corporation (SYK)vs › | $105.64B | 24.92x | 34.29x | 43.36x | 44.40x |
| McKesson Corporation (MCK)vs › | $103.21B | 17.74x | 16.76x | 21.87x | 18.19x |
| Pfizer Inc. (PFE)vs › | $157.99B | 20.04x | 20.64x | 28.59x | 21.66x |
| Sanofi (SNY)vs › | $102.70B | 10.48x | 9.18x | 9.18x | 9.18x |
EV/FCF
39.6x
P/FCF
40.5x
FCF Yield
2.47%
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 |
|---|---|
| 2026-09-10 | 39.24x |
| 2026-09-09 | 38.44x |
| 2026-09-08 | 38.10x |
| 2026-09-04 | 39.94x |
| 2026-09-03 | 40.29x |
| 2026-09-02 | 40.51x |
| 2026-09-01 | 40.22x |
| 2026-08-31 | 41.07x |
| 2026-08-28 | 40.59x |
| 2026-08-27 | 39.98x |
| 2026-08-26 | 40.35x |
| 2026-08-25 | 40.51x |
| 2026-08-24 | 40.70x |
| 2026-08-21 | 41.28x |
| 2026-08-20 | 40.80x |
| 2026-08-19 | 43.39x |
| 2026-08-18 | 42.66x |
| 2026-08-17 | 42.57x |
| 2026-08-14 | 43.03x |
| 2026-08-13 | 43.78x |
| 2026-08-12 | 43.78x |
| 2026-08-11 | 43.78x |
| 2026-08-10 | 42.91x |
| 2026-08-07 | 41.28x |
| 2026-08-06 | 40.72x |
| 2026-08-05 | 40.88x |
| 2026-08-04 | 40.11x |
| 2026-08-03 | 40.91x |
| 2026-07-31 | 38.45x |
| 2026-07-30 | 38.41x |
| 2026-07-29 | 38.42x |
| 2026-07-28 | 39.39x |
| 2026-07-27 | 38.84x |
| 2026-07-24 | 36.69x |
| 2026-07-23 | 36.08x |
| 2026-07-22 | 37.04x |
| 2026-07-21 | 43.72x |
| 2026-07-20 | 44.11x |
| 2026-07-17 | 43.13x |
| 2026-07-16 | 50.36x |
| 2026-07-15 | 48.66x |
| 2026-07-14 | 47.46x |
| 2026-07-13 | 50.96x |
| 2026-07-10 | 50.92x |
| 2026-07-09 | 51.53x |
| 2026-07-08 | 51.98x |
| 2026-07-07 | 53.52x |
| 2026-07-06 | 54.23x |
| 2026-07-02 | 53.36x |
| 2026-07-01 | 50.36x |
| 2026-06-30 | 49.76x |
| 2026-06-29 | 50.82x |
| 2026-06-26 | 50.66x |
| 2026-06-25 | 50.02x |
| 2026-06-24 | 50.29x |
| 2026-06-23 | 50.46x |
| 2026-06-22 | 50.43x |
| 2026-06-18 | 50.92x |
| 2026-06-17 | 50.34x |
| 2026-06-16 | 52.23x |
| 2026-06-15 | 52.16x |
| 2026-06-12 | 51.46x |
| 2026-06-11 | 51.70x |
| 2026-06-10 | 51.59x |
| 2026-06-09 | 53.44x |
| 2026-06-08 | 52.42x |
| 2026-06-05 | 52.86x |
| 2026-06-04 | 52.45x |
| 2026-06-03 | 50.98x |
| 2026-06-02 | 50.35x |
| 2026-06-01 | 51.62x |
| 2026-05-29 | 53.19x |
| 2026-05-28 | 53.06x |
| 2026-05-27 | 52.41x |
| 2026-05-26 | 54.71x |
| 2026-05-22 | 54.90x |
| 2026-05-21 | 55.11x |
| 2026-05-20 | 56.28x |
| 2026-05-19 | 55.34x |
| 2026-05-18 | 55.13x |
| 2026-05-15 | 52.74x |
| 2026-05-14 | 53.62x |
| 2026-05-13 | 54.16x |
| 2026-05-12 | 54.10x |
| 2026-05-11 | 52.61x |
| 2026-05-08 | 56.41x |
| 2026-05-07 | 56.85x |
| 2026-05-06 | 56.63x |
| 2026-05-05 | 56.58x |
| 2026-05-04 | 56.70x |
| 2026-05-01 | 57.39x |
| 2026-04-30 | 57.37x |
| 2026-04-29 | 56.89x |
| 2026-04-28 | 58.52x |
| 2026-04-27 | 59.07x |
| 2026-04-24 | 60.50x |
| 2026-04-23 | 60.07x |
| 2026-04-22 | 68.75x |
| 2026-04-21 | 64.07x |
| 2026-04-20 | 66.14x |
| 2026-04-17 | 66.66x |
| 2026-04-16 | 65.05x |
| 2026-04-15 | 66.54x |
| 2026-04-14 | 66.38x |
| 2026-04-13 | 65.18x |
| 2026-04-10 | 63.97x |
| 2026-04-09 | 64.60x |
| 2026-04-08 | 65.66x |
| 2026-04-07 | 64.31x |
| 2026-04-06 | 64.26x |
| 2026-04-02 | 64.18x |
| 2026-04-01 | 65.97x |
| 2026-03-31 | 65.47x |
| 2026-03-30 | 64.29x |
| 2026-03-27 | 64.27x |
| 2026-03-26 | 66.57x |
| 2026-03-25 | 66.77x |
| 2026-03-24 | 67.05x |
| 2026-03-23 | 67.94x |
| 2026-03-20 | 67.93x |
| 2026-03-19 | 68.21x |
| 2026-03-18 | 67.90x |
| 2026-03-17 | 68.62x |
| 2026-03-16 | 68.73x |
| 2026-03-13 | 67.09x |
| 2026-03-12 | 68.12x |
| 2026-03-11 | 70.09x |
| 2026-03-10 | 69.07x |
| 2026-03-09 | 70.19x |
| 2026-03-06 | 69.69x |
| 2026-03-05 | 70.64x |
| 2026-03-04 | 71.29x |
| 2026-03-03 | 70.75x |
| 2026-03-02 | 70.58x |
| 2026-02-27 | 71.63x |
| 2026-02-26 | 72.11x |
| 2026-02-25 | 72.01x |
| 2026-02-24 | 70.25x |
| 2026-02-23 | 69.98x |
| 2026-02-20 | 71.70x |
| 2026-02-19 | 71.05x |
| 2026-02-18 | 71.23x |
| 2026-02-17 | 70.16x |
| 2026-02-13 | 69.07x |
| 2026-02-12 | 68.02x |
| 2026-02-11 | 70.56x |
| 2026-02-10 | 70.42x |
| 2026-02-09 | 70.08x |
| 2026-02-06 | 69.40x |
| 2026-02-05 | 67.69x |
| 2026-02-04 | 68.01x |
| 2026-02-03 | 75.05x |
| 2026-02-02 | 77.89x |
| 2026-01-30 | 79.08x |
| 2026-01-29 | 79.61x |
| 2026-01-28 | 81.92x |
| 2026-01-27 | 82.40x |
| 2026-01-26 | 83.00x |
| 2026-01-23 | 82.23x |
| 2026-01-22 | 82.52x |
| 2026-01-21 | 82.18x |
| 2026-01-20 | 82.78x |
| 2026-01-16 | 83.99x |
| 2026-01-15 | 85.00x |
| 2026-01-14 | 85.86x |
| 2026-01-13 | 88.26x |
| 2026-01-12 | 90.00x |
| 2026-01-09 | 92.15x |
| 2026-01-08 | 91.96x |
| 2026-01-07 | 93.11x |
| 2026-01-06 | 93.20x |
| 2026-01-05 | 88.98x |
| 2026-01-02 | 88.28x |
| 2025-12-31 | 88.98x |
| 2025-12-30 | 89.98x |
| 2025-12-29 | 90.42x |
| 2025-12-26 | 90.80x |
| 2025-12-24 | 90.70x |
| 2025-12-23 | 90.73x |
| 2025-12-22 | 91.13x |
| 2025-12-19 | 89.95x |
| 2025-12-18 | 88.27x |
| 2025-12-17 | 87.47x |
| 2025-12-16 | 87.10x |
| 2025-12-15 | 87.89x |
| 2025-12-12 | 85.15x |
| 2025-12-11 | 85.95x |
| 2025-12-10 | 87.32x |
| 2025-12-09 | 87.67x |
| 2025-12-08 | 89.07x |
| 2025-12-05 | 90.41x |
| 2025-12-04 | 89.34x |
| 2025-12-03 | 89.51x |
| 2025-12-02 | 89.20x |
| 2025-12-01 | 89.14x |
| 2025-11-28 | 90.12x |
| 2025-11-26 | 90.23x |
| 2025-11-25 | 90.97x |
| 2025-11-24 | 89.32x |
| 2025-11-21 | 88.22x |
| 2025-11-20 | 86.73x |
| 2025-11-19 | 88.71x |
| 2025-11-18 | 85.86x |
| 2025-11-17 | 85.85x |
| 2025-11-14 | 86.30x |
| 2025-11-13 | 88.85x |
| 2025-11-12 | 89.95x |
| 2025-11-11 | 89.91x |
| 2025-11-10 | 90.55x |
| 2025-11-07 | 87.97x |
| 2025-11-06 | 86.02x |
| 2025-11-05 | 86.14x |
| 2025-11-04 | 84.59x |
| 2025-11-03 | 85.45x |
| 2025-10-31 | 83.87x |
| 2025-10-30 | 83.19x |
| 2025-10-29 | 84.40x |
| 2025-10-28 | 85.64x |
| 2025-10-27 | 86.57x |
| 2025-10-24 | 85.82x |
| 2025-10-23 | 86.58x |
| 2025-10-22 | 94.51x |
| 2025-10-21 | 82.78x |
| 2025-10-20 | 82.00x |
| 2025-10-17 | 79.74x |
| 2025-10-16 | 77.64x |
| 2025-10-15 | 77.82x |
| 2025-10-14 | 77.97x |
| 2025-10-13 | 77.84x |
| 2025-10-10 | 76.72x |
| 2025-10-09 | 79.31x |
| 2025-10-08 | 80.10x |
| 2025-10-07 | 78.80x |
| 2025-10-06 | 80.39x |
| 2025-10-03 | 80.88x |
| 2025-10-02 | 79.17x |
| 2025-10-01 | 78.27x |
| 2025-09-30 | 79.94x |
| 2025-09-29 | 78.48x |
| 2025-09-26 | 78.83x |
| 2025-09-25 | 78.28x |
| 2025-09-24 | 79.35x |
| 2025-09-23 | 80.04x |
| 2025-09-22 | 79.46x |
| 2025-09-19 | 78.39x |
| 2025-09-18 | 77.86x |
| 2025-09-17 | 77.47x |
| 2025-09-16 | 77.62x |
| 2025-09-15 | 77.53x |
| 2025-09-12 | 80.39x |
| 2025-09-11 | 81.52x |
| 2025-09-10 | 80.45x |
| 2025-09-09 | 83.65x |
| 2025-09-08 | 84.10x |
| 2025-09-05 | 83.53x |
| 2025-09-04 | 81.28x |
| 2025-09-03 | 78.84x |
| 2025-09-02 | 83.93x |
| 2025-08-29 | 84.70x |
| 2025-08-28 | 84.80x |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.