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 19.86x is 28% below its estimated 5-year average of 27.65x, near the low end of its estimated 5-year range (19.47x–51.91x).
As of 2026-09-18T14:10:40.246Z. 33.11% below its estimated 12-month average of 29.69x.
Calculation as of: 2026-09-18T14:10:40.246Z.
Quote observation: 2026-09-18T14:10:10.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 2999a7378a1b6aa1d8967660d91e890495c28fa81f566316fe4c90ce97bdc0d5
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 2026-09-11.
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
19.86x
EV/FCF RATIO AVG TTM
29.69x
EV/FCF RATIO AVG 3Y
29.89x
EV/FCF RATIO AVG 5Y
27.65x
EV/FCF RATIO AVG 10Y
28.67x
EV/FCF RATIO AVG 15Y
23.96x
EV/FCF RATIO AVG 20Y
22.49x
CURRENT VS TTM AVG
-33.11%
CURRENT VS 3Y AVG
-33.56%
CURRENT VS 5Y AVG
-28.18%
CURRENT VS 10Y AVG
-30.74%
CURRENT VS 15Y AVG
-17.12%
CURRENT VS 20Y AVG
-11.69%
SECTOR MEDIAN · INDUSTRIALS
27.93x
median of 125 covered companies
CURRENT VS SECTOR MEDIAN
-28.89%
vs the sector median at left
L3Harris Technologies, Inc.
Market Cap
$46.28B
EV/FCF Ratio
19.86x
TTM Avg
29.69x
3Y Avg
29.89x
5Y Avg
27.65x
Market Cap
$46.96B
EV/FCF Ratio
31.57x
TTM Avg
29.73x
3Y Avg
27.88x
5Y Avg
27.16x
Market Cap
$45.58B
EV/FCF Ratio
32.39x
TTM Avg
37.20x
3Y Avg
36.94x
5Y Avg
41.14x
Market Cap
$44.61B
EV/FCF Ratio
29.28x
TTM Avg
50.08x
3Y Avg
163.30x
5Y Avg
111.01x
Market Cap
$42.37B
EV/FCF Ratio
43.36x
TTM Avg
42.99x
3Y Avg
48.57x
5Y Avg
46.49x
Market Cap
$42.21B
EV/FCF Ratio
20.22x
TTM Avg
20.11x
3Y Avg
37.59x
5Y Avg
40.79x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| L3Harris Technologies, Inc. (LHX) | $46.28B | 19.86x | 29.69x | 29.89x | 27.65x |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $46.96B | 31.57x | 29.73x | 27.88x | 27.16x |
| Rockwell Automation, Inc. (ROK)vs › | $45.58B | 32.39x | 37.20x | 36.94x | 41.14x |
| Carrier Global Corporation (CARR)vs › | $44.61B | 29.28x | 50.08x | 163.30x | 111.01x |
| HEICO Corporation (HEI-A)vs › | $42.37B | 43.36x | 42.99x | 48.57x | 46.49x |
| Thomson Reuters Corporation (TRI)vs › | $42.21B | 20.22x | 20.11x | 37.59x | 40.79x |
| Ferguson plc (FERG)vs › | $41.53B | N/A | 31.21x | 27.66x | 27.92x |
| HEICO Corporation (HEI)vs › | $41.11B | 42.14x | 55.69x | 61.19x | 57.91x |
| Paychex, Inc. (PAYX)vs › | $41.04B | 19.18x | 20.60x | 25.63x | 27.77x |
| Delta Air Lines, Inc. (DAL)vs › | $52.45B | 18.48x | 16.89x | 31.46x | 177.43x |
EV/FCF
19.9x
P/FCF
16.5x
FCF Yield
6.07%
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 |
|---|---|
| 2026-09-11 | 19.84x |
| 2026-09-10 | 20.02x |
| 2026-09-09 | 20.16x |
| 2026-09-08 | 20.52x |
| 2026-09-04 | 20.57x |
| 2026-09-03 | 20.95x |
| 2026-09-02 | 20.89x |
| 2026-09-01 | 21.04x |
| 2026-08-31 | 21.22x |
| 2026-08-28 | 20.99x |
| 2026-08-27 | 20.94x |
| 2026-08-26 | 21.00x |
| 2026-08-25 | 20.95x |
| 2026-08-24 | 20.99x |
| 2026-08-21 | 21.26x |
| 2026-08-20 | 21.50x |
| 2026-08-19 | 21.95x |
| 2026-08-18 | 22.11x |
| 2026-08-17 | 22.04x |
| 2026-08-14 | 22.94x |
| 2026-08-13 | 22.71x |
| 2026-08-12 | 22.87x |
| 2026-08-11 | 22.55x |
| 2026-08-10 | 22.80x |
| 2026-08-07 | 22.59x |
| 2026-08-06 | 22.78x |
| 2026-08-05 | 22.56x |
| 2026-08-04 | 22.50x |
| 2026-08-03 | 22.00x |
| 2026-07-31 | 21.95x |
| 2026-07-30 | 23.93x |
| 2026-07-29 | 25.79x |
| 2026-07-28 | 26.35x |
| 2026-07-27 | 26.22x |
| 2026-07-24 | 25.99x |
| 2026-07-23 | 25.95x |
| 2026-07-22 | 24.89x |
| 2026-07-21 | 24.35x |
| 2026-07-20 | 24.56x |
| 2026-07-17 | 24.66x |
| 2026-07-16 | 24.84x |
| 2026-07-15 | 25.01x |
| 2026-07-14 | 25.24x |
| 2026-07-13 | 25.15x |
| 2026-07-10 | 25.30x |
| 2026-07-09 | 25.23x |
| 2026-07-08 | 25.49x |
| 2026-07-07 | 25.64x |
| 2026-07-06 | 26.06x |
| 2026-07-02 | 26.12x |
| 2026-07-01 | 25.41x |
| 2026-06-30 | 25.29x |
| 2026-06-29 | 25.20x |
| 2026-06-26 | 25.33x |
| 2026-06-25 | 25.14x |
| 2026-06-24 | 25.04x |
| 2026-06-23 | 25.52x |
| 2026-06-22 | 24.94x |
| 2026-06-18 | 25.59x |
| 2026-06-17 | 26.93x |
| 2026-06-16 | 26.73x |
| 2026-06-15 | 26.27x |
| 2026-06-12 | 26.54x |
| 2026-06-11 | 26.86x |
| 2026-06-10 | 26.19x |
| 2026-06-09 | 26.56x |
| 2026-06-08 | 26.12x |
| 2026-06-05 | 26.54x |
| 2026-06-04 | 26.68x |
| 2026-06-03 | 26.22x |
| 2026-06-02 | 26.56x |
| 2026-06-01 | 26.67x |
| 2026-05-29 | 27.07x |
| 2026-05-28 | 27.05x |
| 2026-05-27 | 26.63x |
| 2026-05-26 | 26.95x |
| 2026-05-22 | 26.84x |
| 2026-05-21 | 26.43x |
| 2026-05-20 | 26.64x |
| 2026-05-19 | 26.56x |
| 2026-05-18 | 26.78x |
| 2026-05-15 | 26.22x |
| 2026-05-14 | 26.52x |
| 2026-05-13 | 26.33x |
| 2026-05-12 | 26.66x |
| 2026-05-11 | 26.14x |
| 2026-05-08 | 25.94x |
| 2026-05-07 | 26.06x |
| 2026-05-06 | 26.13x |
| 2026-05-05 | 26.16x |
| 2026-05-04 | 26.60x |
| 2026-05-01 | 26.94x |
| 2026-04-30 | 26.29x |
| 2026-04-29 | 26.35x |
| 2026-04-28 | 26.59x |
| 2026-04-27 | 26.28x |
| 2026-04-24 | 26.08x |
| 2026-04-23 | 26.97x |
| 2026-04-22 | 27.07x |
| 2026-04-21 | 27.67x |
| 2026-04-20 | 28.25x |
| 2026-04-17 | 28.38x |
| 2026-04-16 | 28.59x |
| 2026-04-15 | 28.77x |
| 2026-04-14 | 28.75x |
| 2026-04-13 | 28.91x |
| 2026-04-10 | 28.61x |
| 2026-04-09 | 28.91x |
| 2026-04-08 | 29.20x |
| 2026-04-07 | 28.64x |
| 2026-04-06 | 28.97x |
| 2026-04-02 | 28.78x |
| 2026-04-01 | 28.63x |
| 2026-03-31 | 28.02x |
| 2026-03-30 | 27.65x |
| 2026-03-27 | 27.86x |
| 2026-03-26 | 28.31x |
| 2026-03-25 | 28.50x |
| 2026-03-24 | 28.45x |
| 2026-03-23 | 28.04x |
| 2026-03-20 | 28.56x |
| 2026-03-19 | 29.32x |
| 2026-03-18 | 29.65x |
| 2026-03-17 | 29.68x |
| 2026-03-16 | 29.49x |
| 2026-03-13 | 28.98x |
| 2026-03-12 | 28.91x |
| 2026-03-11 | 29.36x |
| 2026-03-10 | 29.18x |
| 2026-03-09 | 29.85x |
| 2026-03-06 | 29.52x |
| 2026-03-05 | 29.06x |
| 2026-03-04 | 29.67x |
| 2026-03-03 | 29.62x |
| 2026-03-02 | 30.35x |
| 2026-02-27 | 29.38x |
| 2026-02-26 | 28.72x |
| 2026-02-25 | 27.73x |
| 2026-02-24 | 28.65x |
| 2026-02-23 | 28.72x |
| 2026-02-20 | 28.79x |
| 2026-02-19 | 28.97x |
| 2026-02-18 | 28.50x |
| 2026-02-17 | 28.12x |
| 2026-02-13 | 28.04x |
| 2026-02-12 | 39.88x |
| 2026-02-11 | 39.92x |
| 2026-02-10 | 40.40x |
| 2026-02-09 | 40.95x |
| 2026-02-06 | 40.85x |
| 2026-02-05 | 40.11x |
| 2026-02-04 | 39.80x |
| 2026-02-03 | 41.04x |
| 2026-02-02 | 39.92x |
| 2026-01-30 | 40.17x |
| 2026-01-29 | 41.48x |
| 2026-01-28 | 41.91x |
| 2026-01-27 | 41.93x |
| 2026-01-26 | 41.30x |
| 2026-01-23 | 41.36x |
| 2026-01-22 | 41.46x |
| 2026-01-21 | 40.67x |
| 2026-01-20 | 40.12x |
| 2026-01-16 | 40.53x |
| 2026-01-15 | 39.93x |
| 2026-01-14 | 40.17x |
| 2026-01-13 | 40.01x |
| 2026-01-12 | 39.96x |
| 2026-01-09 | 39.47x |
| 2026-01-08 | 38.47x |
| 2026-01-07 | 36.89x |
| 2026-01-06 | 37.35x |
| 2026-01-05 | 37.05x |
| 2026-01-02 | 36.36x |
| 2025-12-31 | 35.28x |
| 2025-12-30 | 35.46x |
| 2025-12-29 | 35.51x |
| 2025-12-26 | 35.59x |
| 2025-12-24 | 35.73x |
| 2025-12-23 | 35.70x |
| 2025-12-22 | 35.43x |
| 2025-12-19 | 34.67x |
| 2025-12-18 | 34.20x |
| 2025-12-17 | 33.80x |
| 2025-12-16 | 34.21x |
| 2025-12-15 | 34.77x |
| 2025-12-12 | 34.62x |
| 2025-12-11 | 34.91x |
| 2025-12-10 | 34.52x |
| 2025-12-09 | 33.66x |
| 2025-12-08 | 34.09x |
| 2025-12-05 | 33.78x |
| 2025-12-04 | 33.98x |
| 2025-12-03 | 33.70x |
| 2025-12-02 | 33.33x |
| 2025-12-01 | 33.16x |
| 2025-11-28 | 33.80x |
| 2025-11-26 | 33.54x |
| 2025-11-25 | 33.56x |
| 2025-11-24 | 33.47x |
| 2025-11-21 | 33.71x |
| 2025-11-20 | 34.35x |
| 2025-11-19 | 34.45x |
| 2025-11-18 | 34.47x |
| 2025-11-17 | 34.69x |
| 2025-11-14 | 34.86x |
| 2025-11-13 | 34.76x |
| 2025-11-12 | 35.94x |
| 2025-11-11 | 36.08x |
| 2025-11-10 | 35.62x |
| 2025-11-07 | 34.99x |
| 2025-11-06 | 34.43x |
| 2025-11-05 | 34.63x |
| 2025-11-04 | 35.03x |
| 2025-11-03 | 34.78x |
| 2025-10-31 | 34.83x |
| 2025-10-30 | 31.05x |
| 2025-10-29 | 30.27x |
| 2025-10-28 | 30.31x |
| 2025-10-27 | 30.64x |
| 2025-10-24 | 30.81x |
| 2025-10-23 | 30.82x |
| 2025-10-22 | 30.45x |
| 2025-10-21 | 30.74x |
| 2025-10-20 | 30.59x |
| 2025-10-17 | 30.00x |
| 2025-10-16 | 30.04x |
| 2025-10-15 | 30.51x |
| 2025-10-14 | 31.40x |
| 2025-10-13 | 30.83x |
| 2025-10-10 | 30.74x |
| 2025-10-09 | 31.25x |
| 2025-10-08 | 31.99x |
| 2025-10-07 | 31.53x |
| 2025-10-06 | 31.67x |
| 2025-10-03 | 31.18x |
| 2025-10-02 | 31.07x |
| 2025-10-01 | 31.45x |
| 2025-09-30 | 31.87x |
| 2025-09-29 | 31.14x |
| 2025-09-26 | 30.85x |
| 2025-09-25 | 30.47x |
| 2025-09-24 | 30.02x |
| 2025-09-23 | 30.21x |
| 2025-09-22 | 30.04x |
| 2025-09-19 | 30.01x |
| 2025-09-18 | 29.91x |
| 2025-09-17 | 29.83x |
| 2025-09-16 | 30.04x |
| 2025-09-15 | 29.83x |
| 2025-09-12 | 29.60x |
| 2025-09-11 | 29.72x |
| 2025-09-10 | 29.29x |
| 2025-09-09 | 28.86x |
| 2025-09-08 | 29.14x |
| 2025-09-05 | 29.01x |
| 2025-09-04 | 29.06x |
| 2025-09-03 | 29.07x |
| 2025-09-02 | 29.25x |
| 2025-08-29 | 29.46x |
Showing the most recent 260 of 4,984 data points. The chart above shows the full history.
