Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the Price/OCF ratio high or low?
The Price/OCF ratio of 18.77 is 23% above its 5-year average of 15.31, around the middle of its 5-year range (8.91–25.91).
As of Wednesday, September 2, 2026. 19.73% above its 12-month average of 15.68.
PRICE/OCF RATIO
18.77
PRICE/OCF RATIO AVG TTM
15.68
PRICE/OCF RATIO AVG 3Y
15.97
PRICE/OCF RATIO AVG 5Y
15.31
PRICE/OCF RATIO AVG 10Y
16.62
PRICE/OCF RATIO AVG 15Y
15.72
PRICE/OCF RATIO AVG 20Y
15.35
CURRENT VS TTM AVG
+19.73%
CURRENT VS 3Y AVG
+17.55%
CURRENT VS 5Y AVG
+22.61%
CURRENT VS 10Y AVG
+12.92%
CURRENT VS 15Y AVG
+19.40%
CURRENT VS 20Y AVG
+22.27%
SECTOR MEDIAN · HEALTHCARE
16.42
median of 83 covered companies
CURRENT VS SECTOR MEDIAN
+14.31%
vs the sector median at left
Market Cap
$364.47B
Price/OCF Ratio
13.40
TTM Avg
13.96
3Y Avg
20.84
5Y Avg
19.63
Market Cap
$227.55B
Price/OCF Ratio
25.05
TTM Avg
25.27
3Y Avg
24.14
5Y Avg
24.23
Market Cap
$187.71B
Price/OCF Ratio
19.44
TTM Avg
20.91
3Y Avg
24.13
5Y Avg
22.45
| NAME | MARKET CAP | PRICE/OCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Merck & Co., Inc. (MRK) | $375.72B | 18.77 | 15.68 | 15.97 | 15.31 |
| UnitedHealth Group Incorporated (UNH)vs › | $364.47B | 13.40 | 13.96 | 20.84 | 19.63 |
| Roche Holding AG (RHHBY)vs › | $353.15B | N/A | N/A | N/A | N/A |
| AbbVie Inc. (ABBV)vs › | $461.70B | 23.76 | 20.01 | 17.21 | 14.73 |
| AstraZeneca PLC (AZN)vs › | $255.27B | 18.26 | 19.46 | 19.78 | 21.90 |
| Amgen Inc. (AMGN)vs › | $239.50B | 19.31 | 16.30 | 17.26 | 15.99 |
| Thermo Fisher Scientific Inc. (TMO)vs › | $227.55B | 25.05 | 25.27 | 24.14 | 24.23 |
| Novo Nordisk A/S (NVO)vs › | $209.75B | 10.09 | 11.44 | 22.83 | 24.70 |
| Abbott Laboratories (ABT)vs › | $187.71B | 19.44 | 20.91 | 24.13 | 22.45 |
| Gilead Sciences, Inc. (GILD)vs › | $187.17B | 13.72 | 15.88 | 13.32 | 11.70 |
P/OCF Ratio
18.8
P/FCF Ratio
23.3
P/OCF measures market price relative to operating cash flow: market cap divided by TTM operating cash flow. OCF is cash from operations before capital expenditures, so it sits above free cash flow — P/OCF typically reads below P/FCF, with the widest gap for capex-heavy businesses.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PRICE/OCF RATIO |
|---|---|
| 2026-09-02 | 18.77 |
| 2026-09-01 | 18.55 |
| 2026-08-31 | 18.29 |
| 2026-08-28 | 18.37 |
| 2026-08-27 | 18.51 |
| 2026-08-26 | 18.95 |
| 2026-08-25 | 19.37 |
| 2026-08-24 | 18.65 |
| 2026-08-21 | 18.89 |
| 2026-08-20 | 18.45 |
| 2026-08-19 | 18.84 |
| 2026-08-18 | 16.73 |
| 2026-08-17 | 16.83 |
| 2026-08-14 | 16.82 |
| 2026-08-13 | 16.78 |
| 2026-08-12 | 16.46 |
| 2026-08-11 | 16.15 |
| 2026-08-10 | 16.21 |
| 2026-08-07 | 15.92 |
| 2026-08-06 | 17.74 |
| 2026-08-05 | 17.73 |
| 2026-08-04 | 17.69 |
| 2026-08-03 | 17.65 |
| 2026-07-31 | 17.99 |
| 2026-07-30 | 17.93 |
| 2026-07-29 | 18.01 |
| 2026-07-28 | 18.21 |
| 2026-07-27 | 18.07 |
| 2026-07-24 | 18.11 |
| 2026-07-23 | 18.03 |
| 2026-07-22 | 17.61 |
| 2026-07-21 | 17.45 |
| 2026-07-20 | 17.19 |
| 2026-07-17 | 17.62 |
| 2026-07-16 | 17.64 |
| 2026-07-15 | 17.08 |
| 2026-07-14 | 16.69 |
| 2026-07-13 | 17.14 |
| 2026-07-10 | 17.07 |
| 2026-07-09 | 17.28 |
| 2026-07-08 | 17.41 |
| 2026-07-07 | 17.81 |
| 2026-07-06 | 17.52 |
| 2026-07-02 | 17.90 |
| 2026-07-01 | 17.32 |
| 2026-06-30 | 17.76 |
| 2026-06-29 | 17.88 |
| 2026-06-26 | 17.78 |
| 2026-06-25 | 17.33 |
| 2026-06-24 | 16.66 |
| 2026-06-23 | 16.53 |
| 2026-06-22 | 15.96 |
| 2026-06-18 | 15.73 |
| 2026-06-17 | 15.95 |
| 2026-06-16 | 15.91 |
| 2026-06-15 | 15.88 |
| 2026-06-12 | 16.45 |
| 2026-06-11 | 16.69 |
| 2026-06-10 | 16.46 |
| 2026-06-09 | 16.53 |
| 2026-06-08 | 16.52 |
| 2026-06-05 | 16.69 |
| 2026-06-04 | 16.62 |
| 2026-06-03 | 15.85 |
| 2026-06-02 | 15.98 |
| 2026-06-01 | 15.91 |
| 2026-05-29 | 16.40 |
| 2026-05-28 | 16.57 |
| 2026-05-27 | 16.61 |
| 2026-05-26 | 16.54 |
| 2026-05-22 | 16.91 |
| 2026-05-21 | 16.01 |
| 2026-05-20 | 15.61 |
| 2026-05-19 | 15.79 |
| 2026-05-18 | 15.55 |
| 2026-05-15 | 15.39 |
| 2026-05-14 | 15.67 |
| 2026-05-13 | 15.68 |
| 2026-05-12 | 15.53 |
| 2026-05-11 | 15.38 |
| 2026-05-08 | 15.39 |
| 2026-05-07 | 15.52 |
| 2026-05-06 | 15.69 |
| 2026-05-05 | 15.63 |
| 2026-05-04 | 15.63 |
| 2026-05-01 | 16.94 |
| 2026-04-30 | 16.49 |
| 2026-04-29 | 16.76 |
| 2026-04-28 | 16.62 |
| 2026-04-27 | 16.65 |
| 2026-04-24 | 16.90 |
| 2026-04-23 | 17.31 |
| 2026-04-22 | 17.05 |
| 2026-04-21 | 17.00 |
| 2026-04-20 | 17.69 |
| 2026-04-17 | 17.98 |
| 2026-04-16 | 17.44 |
| 2026-04-15 | 17.81 |
| 2026-04-14 | 18.12 |
| 2026-04-13 | 18.15 |
| 2026-04-10 | 18.34 |
| 2026-04-09 | 18.53 |
| 2026-04-08 | 18.61 |
| 2026-04-07 | 18.02 |
| 2026-04-06 | 18.25 |
| 2026-04-02 | 18.26 |
| 2026-04-01 | 18.25 |
| 2026-03-31 | 18.17 |
| 2026-03-30 | 17.84 |
| 2026-03-27 | 18.07 |
| 2026-03-26 | 17.96 |
| 2026-03-25 | 18.03 |
| 2026-03-24 | 17.58 |
| 2026-03-23 | 17.47 |
| 2026-03-20 | 17.25 |
| 2026-03-19 | 17.25 |
| 2026-03-18 | 17.29 |
| 2026-03-17 | 17.50 |
| 2026-03-16 | 17.44 |
| 2026-03-13 | 17.46 |
| 2026-03-12 | 17.51 |
| 2026-03-11 | 17.55 |
| 2026-03-10 | 17.69 |
| 2026-03-09 | 17.69 |
| 2026-03-06 | 17.49 |
| 2026-03-05 | 17.53 |
| 2026-03-04 | 18.17 |
| 2026-03-03 | 18.10 |
| 2026-03-02 | 18.34 |
| 2026-02-27 | 18.70 |
| 2026-02-26 | 18.02 |
| 2026-02-25 | 18.50 |
| 2026-02-24 | 18.72 |
| 2026-02-23 | 18.12 |
| 2026-02-20 | 17.90 |
| 2026-02-19 | 17.84 |
| 2026-02-18 | 17.81 |
| 2026-02-17 | 17.80 |
| 2026-02-13 | 17.77 |
| 2026-02-12 | 17.45 |
| 2026-02-11 | 17.46 |
| 2026-02-10 | 17.15 |
| 2026-02-09 | 17.22 |
| 2026-02-06 | 17.85 |
| 2026-02-05 | 17.53 |
| 2026-02-04 | 17.32 |
| 2026-02-03 | 16.96 |
| 2026-02-02 | 16.60 |
| 2026-01-30 | 16.14 |
| 2026-01-29 | 15.86 |
| 2026-01-28 | 15.65 |
| 2026-01-27 | 15.80 |
| 2026-01-26 | 15.72 |
| 2026-01-23 | 15.84 |
| 2026-01-22 | 15.98 |
| 2026-01-21 | 16.26 |
| 2026-01-20 | 16.02 |
| 2026-01-16 | 15.93 |
| 2026-01-15 | 16.24 |
| 2026-01-14 | 16.25 |
| 2026-01-13 | 15.85 |
| 2026-01-12 | 15.98 |
| 2026-01-09 | 16.18 |
| 2026-01-08 | 16.25 |
| 2026-01-07 | 15.90 |
| 2026-01-06 | 15.94 |
| 2026-01-05 | 15.73 |
| 2026-01-02 | 15.58 |
| 2025-12-31 | 15.41 |
| 2025-12-30 | 15.53 |
| 2025-12-29 | 15.61 |
| 2025-12-26 | 15.63 |
| 2025-12-24 | 15.58 |
| 2025-12-23 | 15.38 |
| 2025-12-22 | 15.33 |
| 2025-12-19 | 14.80 |
| 2025-12-18 | 14.74 |
| 2025-12-17 | 14.52 |
| 2025-12-16 | 14.38 |
| 2025-12-15 | 14.68 |
| 2025-12-12 | 14.68 |
| 2025-12-11 | 14.49 |
| 2025-12-10 | 14.29 |
| 2025-12-09 | 14.18 |
| 2025-12-08 | 14.48 |
| 2025-12-05 | 14.60 |
| 2025-12-04 | 14.77 |
| 2025-12-03 | 14.97 |
| 2025-12-02 | 14.79 |
| 2025-12-01 | 14.91 |
| 2025-11-28 | 15.35 |
| 2025-11-26 | 15.32 |
| 2025-11-25 | 15.47 |
| 2025-11-24 | 14.70 |
| 2025-11-21 | 14.31 |
| 2025-11-20 | 13.90 |
| 2025-11-19 | 13.91 |
| 2025-11-18 | 14.12 |
| 2025-11-17 | 13.59 |
| 2025-11-14 | 13.60 |
| 2025-11-13 | 13.60 |
| 2025-11-12 | 13.39 |
| 2025-11-11 | 13.31 |
| 2025-11-10 | 12.70 |
| 2025-11-07 | 12.63 |
| 2025-11-06 | 12.56 |
| 2025-11-05 | 12.35 |
| 2025-11-04 | 11.37 |
| 2025-11-03 | 11.18 |
| 2025-10-31 | 11.66 |
| 2025-10-30 | 11.70 |
| 2025-10-29 | 11.74 |
| 2025-10-28 | 11.80 |
| 2025-10-27 | 11.93 |
| 2025-10-24 | 11.86 |
| 2025-10-23 | 11.82 |
| 2025-10-22 | 11.88 |
| 2025-10-21 | 11.88 |
| 2025-10-20 | 11.70 |
| 2025-10-17 | 11.50 |
| 2025-10-16 | 11.38 |
| 2025-10-15 | 11.40 |
| 2025-10-14 | 11.48 |
| 2025-10-13 | 11.62 |
| 2025-10-10 | 11.66 |
| 2025-10-09 | 11.86 |
| 2025-10-08 | 11.71 |
| 2025-10-07 | 11.88 |
| 2025-10-06 | 12.04 |
| 2025-10-03 | 12.09 |
| 2025-10-02 | 12.14 |
| 2025-10-01 | 12.22 |
| 2025-09-30 | 11.38 |
| 2025-09-29 | 10.65 |
| 2025-09-26 | 10.65 |
| 2025-09-25 | 10.52 |
| 2025-09-24 | 10.80 |
| 2025-09-23 | 10.84 |
| 2025-09-22 | 10.90 |
| 2025-09-19 | 11.05 |
| 2025-09-18 | 11.05 |
| 2025-09-17 | 11.00 |
| 2025-09-16 | 10.99 |
| 2025-09-15 | 10.99 |
| 2025-09-12 | 11.23 |
| 2025-09-11 | 11.55 |
| 2025-09-10 | 11.39 |
| 2025-09-09 | 11.47 |
| 2025-09-08 | 11.40 |
| 2025-09-05 | 11.49 |
| 2025-09-04 | 11.40 |
| 2025-09-03 | 11.41 |
| 2025-09-02 | 11.59 |
| 2025-08-29 | 11.41 |
| 2025-08-28 | 11.28 |
| 2025-08-27 | 11.40 |
| 2025-08-26 | 11.52 |
| 2025-08-25 | 11.57 |
| 2025-08-22 | 11.85 |
| 2025-08-21 | 11.67 |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.