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 46.26x is 48% above its estimated 5-year average of 31.29x, around the middle of its estimated 5-year range (10.09x–88.15x).
As of 2026-09-24T23:40:56.581Z. 4.71% above its estimated 12-month average of 44.18x.
Calculation as of: 2026-09-24T23:40:56.581Z.
Quote observation: 2026-09-24T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 6f160251c3fbe528eb6088339ffd232e78e4d7872f2d26a5b5e7f501e4c28496
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
46.26x
EV/FCF RATIO AVG TTM
44.18x
EV/FCF RATIO AVG 3Y
38.95x
EV/FCF RATIO AVG 5Y
31.29x
EV/FCF RATIO AVG 10Y
23.00x
EV/FCF RATIO AVG 15Y
20.03x
EV/FCF RATIO AVG 20Y
19.00x
CURRENT VS TTM AVG
+4.71%
CURRENT VS 3Y AVG
+18.76%
CURRENT VS 5Y AVG
+47.83%
CURRENT VS 10Y AVG
+101.14%
CURRENT VS 15Y AVG
+130.91%
CURRENT VS 20Y AVG
+143.52%
SECTOR MEDIAN · TECHNOLOGY
31.65x
median of 158 covered companies
CURRENT VS SECTOR MEDIAN
+46.16%
vs the sector median at left
Market Cap
$17.39B
EV/FCF Ratio
22.34x
TTM Avg
18.80x
3Y Avg
68.04x
5Y Avg
55.70x
Market Cap
$17.02B
EV/FCF Ratio
62.14x
TTM Avg
86.25x
3Y Avg
68.89x
5Y Avg
51.06x
Market Cap
$18.08B
EV/FCF Ratio
33.53x
TTM Avg
35.95x
3Y Avg
63.56x
5Y Avg
183.13x
Market Cap
$18.10B
EV/FCF Ratio
14.24x
TTM Avg
17.08x
3Y Avg
16.14x
5Y Avg
18.77x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MKS Inc. (MKSI) | $17.43B | 46.26x | 44.18x | 38.95x | 31.29x |
| Zebra Technologies Corporation (ZBRA)vs › | $17.39B | 22.34x | 18.80x | 68.04x | 55.70x |
| Toast, Inc. (TOST)vs › | $17.46B | 28.56x | 30.93x | 63.91x | 189.30x |
| Dynatrace, Inc. (DT)vs › | $17.10B | 28.52x | 24.32x | 33.26x | 39.74x |
| CDW Corporation (CDW)vs › | $17.82B | 21.12x | 22.27x | 25.06x | 27.53x |
| BE Semiconductor Industries N.V. (BESIY)vs › | $17.02B | 62.14x | 86.25x | 68.89x | 51.06x |
| IonQ, Inc. (IONQ)vs › | $16.79B | N/A | N/A | N/A | N/A |
| Unity Software Inc. (U)vs › | $18.08B | 33.53x | 35.95x | 63.56x | 183.13x |
| Fidelity National Information Services, Inc. (FIS)vs › | $18.10B | 14.24x | 17.08x | 16.14x | 18.77x |
| Fortive Corporation (FTV)vs › | $16.74B | 20.82x | 20.06x | 18.00x | 18.66x |
EV/FCF
46.3x
P/FCF
38.4x
FCF Yield
2.61%
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 | 50.68x |
| 2026-09-10 | 49.80x |
| 2026-09-09 | 50.80x |
| 2026-09-08 | 50.39x |
| 2026-09-04 | 49.56x |
| 2026-09-03 | 47.85x |
| 2026-09-02 | 48.13x |
| 2026-09-01 | 47.34x |
| 2026-08-31 | 48.91x |
| 2026-08-28 | 48.83x |
| 2026-08-27 | 51.27x |
| 2026-08-26 | 51.39x |
| 2026-08-25 | 51.19x |
| 2026-08-24 | 50.96x |
| 2026-08-21 | 52.57x |
| 2026-08-20 | 53.01x |
| 2026-08-19 | 52.97x |
| 2026-08-18 | 55.95x |
| 2026-08-17 | 59.24x |
| 2026-08-14 | 57.63x |
| 2026-08-13 | 56.92x |
| 2026-08-12 | 57.01x |
| 2026-08-11 | 55.01x |
| 2026-08-10 | 54.69x |
| 2026-08-07 | 56.71x |
| 2026-08-06 | 60.94x |
| 2026-08-05 | 64.80x |
| 2026-08-04 | 66.16x |
| 2026-08-03 | 64.25x |
| 2026-07-31 | 62.02x |
| 2026-07-30 | 61.29x |
| 2026-07-29 | 54.96x |
| 2026-07-28 | 59.87x |
| 2026-07-27 | 65.26x |
| 2026-07-24 | 67.65x |
| 2026-07-23 | 70.51x |
| 2026-07-22 | 70.43x |
| 2026-07-21 | 70.53x |
| 2026-07-20 | 66.78x |
| 2026-07-17 | 66.85x |
| 2026-07-16 | 68.15x |
| 2026-07-15 | 72.02x |
| 2026-07-14 | 72.84x |
| 2026-07-13 | 71.70x |
| 2026-07-10 | 74.64x |
| 2026-07-09 | 74.67x |
| 2026-07-08 | 71.23x |
| 2026-07-07 | 71.27x |
| 2026-07-06 | 74.54x |
| 2026-07-02 | 74.10x |
| 2026-07-01 | 82.17x |
| 2026-06-30 | 88.15x |
| 2026-06-29 | 83.04x |
| 2026-06-26 | 78.19x |
| 2026-06-25 | 82.04x |
| 2026-06-24 | 76.95x |
| 2026-06-23 | 78.29x |
| 2026-06-22 | 83.85x |
| 2026-06-18 | 81.34x |
| 2026-06-17 | 75.11x |
| 2026-06-16 | 74.23x |
| 2026-06-15 | 75.83x |
| 2026-06-12 | 72.35x |
| 2026-06-11 | 70.51x |
| 2026-06-10 | 65.33x |
| 2026-06-09 | 66.19x |
| 2026-06-08 | 64.62x |
| 2026-06-05 | 62.77x |
| 2026-06-04 | 67.84x |
| 2026-06-03 | 68.71x |
| 2026-06-02 | 68.04x |
| 2026-06-01 | 65.60x |
| 2026-05-29 | 66.78x |
| 2026-05-28 | 66.63x |
| 2026-05-27 | 67.44x |
| 2026-05-26 | 68.52x |
| 2026-05-22 | 66.13x |
| 2026-05-21 | 64.81x |
| 2026-05-20 | 64.52x |
| 2026-05-19 | 61.42x |
| 2026-05-18 | 61.71x |
| 2026-05-15 | 63.04x |
| 2026-05-14 | 64.92x |
| 2026-05-13 | 65.55x |
| 2026-05-12 | 64.55x |
| 2026-05-11 | 65.97x |
| 2026-05-08 | 64.82x |
| 2026-05-07 | 48.84x |
| 2026-05-06 | 47.88x |
| 2026-05-05 | 47.04x |
| 2026-05-04 | 47.57x |
| 2026-05-01 | 45.91x |
| 2026-04-30 | 46.51x |
| 2026-04-29 | 44.00x |
| 2026-04-28 | 44.33x |
| 2026-04-27 | 45.77x |
| 2026-04-24 | 46.13x |
| 2026-04-23 | 46.07x |
| 2026-04-22 | 45.78x |
| 2026-04-21 | 45.14x |
| 2026-04-20 | 45.98x |
| 2026-04-17 | 45.80x |
| 2026-04-16 | 44.61x |
| 2026-04-15 | 44.48x |
| 2026-04-14 | 45.19x |
| 2026-04-13 | 45.06x |
| 2026-04-10 | 44.45x |
| 2026-04-09 | 43.70x |
| 2026-04-08 | 42.70x |
| 2026-04-07 | 40.26x |
| 2026-04-06 | 40.09x |
| 2026-04-02 | 39.78x |
| 2026-04-01 | 39.95x |
| 2026-03-31 | 39.11x |
| 2026-03-30 | 36.46x |
| 2026-03-27 | 38.20x |
| 2026-03-26 | 38.47x |
| 2026-03-25 | 41.01x |
| 2026-03-24 | 41.00x |
| 2026-03-23 | 39.83x |
| 2026-03-20 | 38.74x |
| 2026-03-19 | 40.08x |
| 2026-03-18 | 39.60x |
| 2026-03-17 | 38.98x |
| 2026-03-16 | 38.03x |
| 2026-03-13 | 36.87x |
| 2026-03-12 | 36.87x |
| 2026-03-11 | 38.35x |
| 2026-03-10 | 38.49x |
| 2026-03-09 | 37.54x |
| 2026-03-06 | 36.40x |
| 2026-03-05 | 39.20x |
| 2026-03-04 | 39.85x |
| 2026-03-03 | 39.49x |
| 2026-03-02 | 41.09x |
| 2026-02-27 | 41.12x |
| 2026-02-26 | 41.15x |
| 2026-02-25 | 42.69x |
| 2026-02-24 | 39.40x |
| 2026-02-23 | 39.70x |
| 2026-02-20 | 40.41x |
| 2026-02-19 | 39.11x |
| 2026-02-18 | 39.27x |
| 2026-02-17 | 40.87x |
| 2026-02-13 | 40.59x |
| 2026-02-12 | 39.15x |
| 2026-02-11 | 40.38x |
| 2026-02-10 | 39.54x |
| 2026-02-09 | 39.30x |
| 2026-02-06 | 38.32x |
| 2026-02-05 | 36.27x |
| 2026-02-04 | 35.40x |
| 2026-02-03 | 36.62x |
| 2026-02-02 | 37.13x |
| 2026-01-30 | 37.36x |
| 2026-01-29 | 38.44x |
| 2026-01-28 | 37.44x |
| 2026-01-27 | 36.62x |
| 2026-01-26 | 35.23x |
| 2026-01-23 | 35.02x |
| 2026-01-22 | 35.78x |
| 2026-01-21 | 35.49x |
| 2026-01-20 | 34.20x |
| 2026-01-16 | 33.35x |
| 2026-01-15 | 33.52x |
| 2026-01-14 | 31.61x |
| 2026-01-13 | 31.99x |
| 2026-01-12 | 31.05x |
| 2026-01-09 | 31.07x |
| 2026-01-08 | 30.16x |
| 2026-01-07 | 30.71x |
| 2026-01-06 | 30.74x |
| 2026-01-05 | 29.81x |
| 2026-01-02 | 28.81x |
| 2025-12-31 | 27.72x |
| 2025-12-30 | 27.98x |
| 2025-12-29 | 28.10x |
| 2025-12-26 | 28.28x |
| 2025-12-24 | 28.18x |
| 2025-12-23 | 28.12x |
| 2025-12-22 | 28.00x |
| 2025-12-19 | 27.69x |
| 2025-12-18 | 27.36x |
| 2025-12-17 | 26.30x |
| 2025-12-16 | 27.27x |
| 2025-12-15 | 27.66x |
| 2025-12-12 | 27.20x |
| 2025-12-11 | 28.61x |
| 2025-12-10 | 28.75x |
| 2025-12-09 | 28.41x |
| 2025-12-08 | 28.30x |
| 2025-12-05 | 28.12x |
| 2025-12-04 | 28.17x |
| 2025-12-03 | 28.18x |
| 2025-12-02 | 27.87x |
| 2025-12-01 | 27.23x |
| 2025-11-28 | 27.28x |
| 2025-11-26 | 26.73x |
| 2025-11-25 | 26.34x |
| 2025-11-24 | 26.46x |
| 2025-11-21 | 25.70x |
| 2025-11-20 | 25.00x |
| 2025-11-19 | 25.68x |
| 2025-11-18 | 25.24x |
| 2025-11-17 | 25.41x |
| 2025-11-14 | 25.54x |
| 2025-11-13 | 25.72x |
| 2025-11-12 | 26.87x |
| 2025-11-11 | 26.80x |
| 2025-11-10 | 27.60x |
| 2025-11-07 | 27.08x |
| 2025-11-06 | 29.44x |
| 2025-11-05 | 27.34x |
| 2025-11-04 | 26.97x |
| 2025-11-03 | 28.11x |
| 2025-10-31 | 27.86x |
| 2025-10-30 | 27.26x |
| 2025-10-29 | 27.55x |
| 2025-10-28 | 27.42x |
| 2025-10-27 | 28.04x |
| 2025-10-24 | 27.76x |
| 2025-10-23 | 27.44x |
| 2025-10-22 | 26.59x |
| 2025-10-21 | 27.46x |
| 2025-10-20 | 27.57x |
| 2025-10-17 | 26.88x |
| 2025-10-16 | 27.05x |
| 2025-10-15 | 26.87x |
| 2025-10-14 | 26.35x |
| 2025-10-13 | 26.40x |
| 2025-10-10 | 24.79x |
| 2025-10-09 | 26.57x |
| 2025-10-08 | 26.39x |
| 2025-10-07 | 25.83x |
| 2025-10-06 | 27.28x |
| 2025-10-03 | 27.06x |
| 2025-10-02 | 26.88x |
| 2025-10-01 | 26.16x |
| 2025-09-30 | 25.13x |
| 2025-09-29 | 24.91x |
| 2025-09-26 | 24.86x |
| 2025-09-25 | 24.92x |
| 2025-09-24 | 25.16x |
| 2025-09-23 | 25.78x |
| 2025-09-22 | 25.70x |
| 2025-09-19 | 25.80x |
| 2025-09-18 | 25.97x |
| 2025-09-17 | 24.54x |
| 2025-09-16 | 24.39x |
| 2025-09-15 | 24.12x |
| 2025-09-12 | 23.94x |
| 2025-09-11 | 24.07x |
| 2025-09-10 | 23.33x |
| 2025-09-09 | 23.01x |
| 2025-09-08 | 23.11x |
| 2025-09-05 | 22.49x |
| 2025-09-04 | 22.11x |
| 2025-09-03 | 21.91x |
| 2025-09-02 | 22.14x |
| 2025-08-29 | 22.33x |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
