Basis: Four-quarter operating cash flow / FMP quote market capitalization × 100. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating cash flow yield high or low?
The operating cash flow yield of 4.40% is in line with its estimated 5-year average of 4.04%, around the middle of its estimated 5-year range (2.98%–5.08%).
As of 2026-10-04T07:48:26.786Z. 4.74% above its estimated 12-month average of 4.20%.
Calculation as of: 2026-10-04T07:48:26.786Z.
Quote observation: 2026-10-02T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 308a1273fa03726fb07ba31c904d03b0183ee943a0d27659ba8c7c112797b7ae
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.
OPERATING CASH FLOW YIELD
4.40%
OPERATING CASH FLOW YIELD AVG TTM
4.20%
OPERATING CASH FLOW YIELD AVG 3Y
4.33%
OPERATING CASH FLOW YIELD AVG 5Y
4.04%
OPERATING CASH FLOW YIELD AVG 10Y
4.52%
OPERATING CASH FLOW YIELD AVG 15Y
5.17%
OPERATING CASH FLOW YIELD AVG 20Y
5.74%
CURRENT VS TTM AVG
+4.74%
CURRENT VS 3Y AVG
+1.57%
CURRENT VS 5Y AVG
+8.82%
CURRENT VS 10Y AVG
-2.62%
CURRENT VS 15Y AVG
-14.95%
CURRENT VS 20Y AVG
-23.30%
SECTOR MEDIAN · INDUSTRIALS
5.21%
median of 142 covered companies
CURRENT VS SECTOR MEDIAN
-15.47%
vs the sector median at left
Illinois Tool Works Inc.
Market Cap
$75.64B
Operating Cash Flow Yield
4.40%
TTM Avg
4.20%
3Y Avg
4.33%
5Y Avg
4.04%
Market Cap
$75.55B
Operating Cash Flow Yield
5.69%
TTM Avg
5.66%
3Y Avg
5.13%
5Y Avg
4.87%
Market Cap
$77.24B
Operating Cash Flow Yield
3.15%
TTM Avg
2.88%
3Y Avg
2.73%
5Y Avg
2.97%
Market Cap
$72.90B
Operating Cash Flow Yield
6.37%
TTM Avg
4.77%
3Y Avg
5.72%
5Y Avg
6.21%
Market Cap
$72.45B
Operating Cash Flow Yield
6.96%
TTM Avg
7.49%
3Y Avg
7.29%
5Y Avg
6.92%
Market Cap
$79.02B
Operating Cash Flow Yield
11.26%
TTM Avg
9.71%
3Y Avg
9.49%
5Y Avg
9.07%
Market Cap
$71.30B
Operating Cash Flow Yield
5.23%
TTM Avg
5.91%
3Y Avg
6.34%
5Y Avg
6.80%
Market Cap
$81.72B
Operating Cash Flow Yield
7.97%
TTM Avg
6.83%
3Y Avg
6.27%
5Y Avg
6.40%
Market Cap
$68.69B
Operating Cash Flow Yield
12.99%
TTM Avg
12.36%
3Y Avg
14.79%
5Y Avg
16.97%
| NAME | MARKET CAP | OPERATING CASH FLOW YIELD | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Illinois Tool Works Inc. (ITW) | $75.64B | 4.40% | 4.20% | 4.33% | 4.04% |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $75.55B | 5.69% | 5.66% | 5.13% | 4.87% |
| Cintas Corporation (CTAS)vs › | $77.24B | 3.15% | 2.88% | 2.73% | 2.97% |
| Cummins Inc. (CMI)vs › | $72.90B | 6.37% | 4.77% | 5.72% | 6.21% |
| Canadian National Railway Company (CNI)vs › | $72.45B | 6.96% | 7.49% | 7.29% | 6.92% |
| United Parcel Service, Inc. (UPS)vs › | $79.02B | 11.26% | 9.71% | 9.49% | 9.07% |
| Norfolk Southern Corporation (NSC)vs › | $71.30B | 5.23% | 5.91% | 6.34% | 6.80% |
| Waste Management, Inc. (WM)vs › | $81.72B | 7.97% | 6.83% | 6.27% | 6.40% |
| FedEx Corporation (FDX)vs › | $68.69B | 12.99% | 12.36% | 14.79% | 16.97% |
| Northrop Grumman Corporation (NOC)vs › | $67.91B | 7.48% | 5.20% | 5.33% | 4.94% |
OCF Yield = TTM Operating Cash Flow / Market Cap
Operating cash flow yield is the inverse of P/OCF, expressing trailing operating cash flow as a percentage of price. It sits between earnings yield (before non-cash accrual effects) and FCF yield (before capital expenditure).
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | OPERATING CASH FLOW YIELD |
|---|---|
| 2026-10-02 | 4.41% |
| 2026-10-01 | 4.45% |
| 2026-09-30 | 4.51% |
| 2026-09-29 | 4.34% |
| 2026-09-28 | 4.24% |
| 2026-09-25 | 4.23% |
| 2026-09-24 | 4.27% |
| 2026-09-23 | 4.24% |
| 2026-09-22 | 4.29% |
| 2026-09-21 | 4.34% |
| 2026-09-18 | 4.31% |
| 2026-09-17 | 4.34% |
| 2026-09-16 | 4.34% |
| 2026-09-15 | 4.32% |
| 2026-09-14 | 4.31% |
| 2026-09-11 | 4.33% |
| 2026-09-10 | 4.38% |
| 2026-09-09 | 4.40% |
| 2026-09-08 | 4.32% |
| 2026-09-04 | 4.30% |
| 2026-09-03 | 4.27% |
| 2026-09-02 | 4.31% |
| 2026-09-01 | 4.30% |
| 2026-08-31 | 4.21% |
| 2026-08-28 | 4.14% |
| 2026-08-27 | 4.12% |
| 2026-08-26 | 4.06% |
| 2026-08-25 | 4.12% |
| 2026-08-24 | 4.09% |
| 2026-08-21 | 4.11% |
| 2026-08-20 | 4.10% |
| 2026-08-19 | 4.08% |
| 2026-08-18 | 4.08% |
| 2026-08-17 | 4.04% |
| 2026-08-14 | 3.99% |
| 2026-08-13 | 3.99% |
| 2026-08-12 | 3.97% |
| 2026-08-11 | 3.96% |
| 2026-08-10 | 3.94% |
| 2026-08-07 | 3.91% |
| 2026-08-06 | 3.71% |
| 2026-08-05 | 3.67% |
| 2026-08-04 | 3.70% |
| 2026-08-03 | 3.79% |
| 2026-07-31 | 3.81% |
| 2026-07-30 | 3.85% |
| 2026-07-29 | 3.73% |
| 2026-07-28 | 3.70% |
| 2026-07-27 | 3.83% |
| 2026-07-24 | 3.86% |
| 2026-07-23 | 3.94% |
| 2026-07-22 | 3.99% |
| 2026-07-21 | 4.01% |
| 2026-07-20 | 4.02% |
| 2026-07-17 | 3.96% |
| 2026-07-16 | 3.86% |
| 2026-07-15 | 4.02% |
| 2026-07-14 | 4.01% |
| 2026-07-13 | 4.02% |
| 2026-07-10 | 4.06% |
| 2026-07-09 | 4.11% |
| 2026-07-08 | 4.12% |
| 2026-07-07 | 4.03% |
| 2026-07-06 | 3.98% |
| 2026-07-02 | 4.00% |
| 2026-07-01 | 4.06% |
| 2026-06-30 | 4.04% |
| 2026-06-29 | 4.08% |
| 2026-06-26 | 4.08% |
| 2026-06-25 | 4.04% |
| 2026-06-24 | 4.14% |
| 2026-06-23 | 4.17% |
| 2026-06-22 | 4.12% |
| 2026-06-18 | 4.13% |
| 2026-06-17 | 4.17% |
| 2026-06-16 | 4.11% |
| 2026-06-15 | 4.16% |
| 2026-06-12 | 4.24% |
| 2026-06-11 | 4.29% |
| 2026-06-10 | 4.37% |
| 2026-06-09 | 4.26% |
| 2026-06-08 | 4.33% |
| 2026-06-05 | 4.32% |
| 2026-06-04 | 4.35% |
| 2026-06-03 | 4.36% |
| 2026-06-02 | 4.39% |
| 2026-06-01 | 4.44% |
| 2026-05-29 | 4.42% |
| 2026-05-28 | 4.37% |
| 2026-05-27 | 4.36% |
| 2026-05-26 | 4.36% |
| 2026-05-22 | 4.33% |
| 2026-05-21 | 4.37% |
| 2026-05-20 | 4.35% |
| 2026-05-19 | 4.41% |
| 2026-05-18 | 4.38% |
| 2026-05-15 | 4.41% |
| 2026-05-14 | 4.35% |
| 2026-05-13 | 4.37% |
| 2026-05-12 | 4.34% |
| 2026-05-11 | 4.33% |
| 2026-05-08 | 4.29% |
| 2026-05-07 | 4.22% |
| 2026-05-06 | 4.13% |
| 2026-05-05 | 4.23% |
| 2026-05-04 | 4.28% |
| 2026-05-01 | 4.22% |
| 2026-04-30 | 4.17% |
| 2026-04-29 | 4.05% |
| 2026-04-28 | 4.01% |
| 2026-04-27 | 3.99% |
| 2026-04-24 | 4.00% |
| 2026-04-23 | 3.94% |
| 2026-04-22 | 4.03% |
| 2026-04-21 | 3.97% |
| 2026-04-20 | 3.95% |
| 2026-04-17 | 3.96% |
| 2026-04-16 | 4.06% |
| 2026-04-15 | 4.07% |
| 2026-04-14 | 3.96% |
| 2026-04-13 | 3.92% |
| 2026-04-10 | 3.98% |
| 2026-04-09 | 3.94% |
| 2026-04-08 | 4.00% |
| 2026-04-07 | 4.16% |
| 2026-04-06 | 4.17% |
| 2026-04-02 | 4.17% |
| 2026-04-01 | 4.13% |
| 2026-03-31 | 4.14% |
| 2026-03-30 | 4.20% |
| 2026-03-27 | 4.16% |
| 2026-03-26 | 4.12% |
| 2026-03-25 | 4.04% |
| 2026-03-24 | 4.06% |
| 2026-03-23 | 4.10% |
| 2026-03-20 | 4.18% |
| 2026-03-19 | 4.13% |
| 2026-03-18 | 4.13% |
| 2026-03-17 | 4.02% |
| 2026-03-16 | 4.01% |
| 2026-03-13 | 4.03% |
| 2026-03-12 | 4.06% |
| 2026-03-11 | 3.97% |
| 2026-03-10 | 3.94% |
| 2026-03-09 | 3.89% |
| 2026-03-06 | 3.89% |
| 2026-03-05 | 3.81% |
| 2026-03-04 | 3.75% |
| 2026-03-03 | 3.77% |
| 2026-03-02 | 3.70% |
| 2026-02-27 | 3.71% |
| 2026-02-26 | 3.71% |
| 2026-02-25 | 3.72% |
| 2026-02-24 | 3.66% |
| 2026-02-23 | 3.67% |
| 2026-02-20 | 3.65% |
| 2026-02-19 | 3.67% |
| 2026-02-18 | 3.64% |
| 2026-02-17 | 3.62% |
| 2026-02-13 | 3.75% |
| 2026-02-12 | 3.76% |
| 2026-02-11 | 3.77% |
| 2026-02-10 | 3.82% |
| 2026-02-09 | 3.87% |
| 2026-02-06 | 3.83% |
| 2026-02-05 | 3.90% |
| 2026-02-04 | 3.89% |
| 2026-02-03 | 4.03% |
| 2026-02-02 | 4.25% |
| 2026-01-30 | 4.30% |
| 2026-01-29 | 4.27% |
| 2026-01-28 | 4.35% |
| 2026-01-27 | 4.34% |
| 2026-01-26 | 4.33% |
| 2026-01-23 | 4.35% |
| 2026-01-22 | 4.33% |
| 2026-01-21 | 4.32% |
| 2026-01-20 | 4.42% |
| 2026-01-16 | 4.26% |
| 2026-01-15 | 4.29% |
| 2026-01-14 | 4.34% |
| 2026-01-13 | 4.38% |
| 2026-01-12 | 4.41% |
| 2026-01-09 | 4.40% |
| 2026-01-08 | 4.43% |
| 2026-01-07 | 4.55% |
| 2026-01-06 | 4.42% |
| 2026-01-05 | 4.50% |
| 2026-01-02 | 4.50% |
| 2025-12-31 | 4.56% |
| 2025-12-30 | 4.48% |
| 2025-12-29 | 4.45% |
| 2025-12-26 | 4.45% |
| 2025-12-24 | 4.46% |
| 2025-12-23 | 4.46% |
| 2025-12-22 | 4.47% |
| 2025-12-19 | 4.49% |
| 2025-12-18 | 4.47% |
| 2025-12-17 | 4.45% |
| 2025-12-16 | 4.48% |
| 2025-12-15 | 4.34% |
| 2025-12-12 | 4.35% |
| 2025-12-11 | 4.36% |
| 2025-12-10 | 4.43% |
| 2025-12-09 | 4.56% |
| 2025-12-08 | 4.53% |
| 2025-12-05 | 4.50% |
| 2025-12-04 | 4.50% |
| 2025-12-03 | 4.49% |
| 2025-12-02 | 4.52% |
| 2025-12-01 | 4.54% |
| 2025-11-28 | 4.51% |
| 2025-11-26 | 4.51% |
| 2025-11-25 | 4.52% |
| 2025-11-24 | 4.63% |
| 2025-11-21 | 4.53% |
| 2025-11-20 | 4.66% |
| 2025-11-19 | 4.66% |
| 2025-11-18 | 4.64% |
| 2025-11-17 | 4.65% |
| 2025-11-14 | 4.60% |
| 2025-11-13 | 4.58% |
| 2025-11-12 | 4.58% |
| 2025-11-11 | 4.58% |
| 2025-11-10 | 4.60% |
| 2025-11-07 | 4.58% |
| 2025-11-06 | 4.60% |
| 2025-11-05 | 4.58% |
| 2025-11-04 | 4.59% |
| 2025-11-03 | 4.62% |
| 2025-10-31 | 4.61% |
| 2025-10-30 | 4.61% |
| 2025-10-29 | 4.64% |
| 2025-10-28 | 4.57% |
| 2025-10-27 | 4.53% |
| 2025-10-24 | 4.37% |
| 2025-10-23 | 4.17% |
| 2025-10-22 | 4.25% |
| 2025-10-21 | 4.18% |
| 2025-10-20 | 4.26% |
| 2025-10-17 | 4.31% |
| 2025-10-16 | 4.35% |
| 2025-10-15 | 4.34% |
| 2025-10-14 | 4.33% |
| 2025-10-13 | 4.40% |
| 2025-10-10 | 4.39% |
| 2025-10-09 | 4.33% |
| 2025-10-08 | 4.25% |
| 2025-10-07 | 4.20% |
| 2025-10-06 | 4.15% |
| 2025-10-03 | 4.13% |
| 2025-10-02 | 4.12% |
| 2025-10-01 | 4.13% |
| 2025-09-30 | 4.12% |
| 2025-09-29 | 4.11% |
| 2025-09-26 | 4.12% |
| 2025-09-25 | 4.17% |
| 2025-09-24 | 4.14% |
| 2025-09-23 | 4.11% |
| 2025-09-22 | 4.12% |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
