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 27.00x is 27% below its estimated 5-year average of 37.23x, near the low end of its estimated 5-year range (19.56x–91.83x).
As of 2026-09-16T15:55:59.341Z. 25.46% below its estimated 12-month average of 36.22x.
Calculation as of: 2026-09-16T15:55:59.341Z.
Quote observation: 2026-09-16T15:55:09.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 19e5010cd34a848df86eef5fa49b647d89bc6ef8f6902ab99c9afc77e7f09360
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
27.00x
EV/FCF RATIO AVG TTM
36.22x
EV/FCF RATIO AVG 3Y
43.12x
EV/FCF RATIO AVG 5Y
37.23x
EV/FCF RATIO AVG 10Y
28.68x
EV/FCF RATIO AVG 15Y
26.95x
EV/FCF RATIO AVG 20Y
26.17x
CURRENT VS TTM AVG
-25.46%
CURRENT VS 3Y AVG
-37.38%
CURRENT VS 5Y AVG
-27.48%
CURRENT VS 10Y AVG
-5.85%
CURRENT VS 15Y AVG
+0.18%
CURRENT VS 20Y AVG
+3.19%
SECTOR MEDIAN · HEALTHCARE
25.58x
median of 80 covered companies
CURRENT VS SECTOR MEDIAN
+5.55%
vs the sector median at left
Market Cap
$184.88B
EV/FCF Ratio
16.04x
TTM Avg
18.53x
3Y Avg
16.29x
5Y Avg
14.69x
Market Cap
$178.56B
EV/FCF Ratio
26.01x
TTM Avg
28.55x
3Y Avg
34.42x
5Y Avg
30.90x
Market Cap
$146.38B
EV/FCF Ratio
30.84x
TTM Avg
31.13x
3Y Avg
32.71x
5Y Avg
30.42x
Market Cap
$136.38B
EV/FCF Ratio
41.46x
TTM Avg
66.97x
3Y Avg
155.66x
5Y Avg
123.61x
Market Cap
$239.87B
EV/FCF Ratio
38.04x
TTM Avg
36.73x
3Y Avg
34.06x
5Y Avg
35.14x
Market Cap
$131.12B
EV/FCF Ratio
14.47x
TTM Avg
11.46x
3Y Avg
11.31x
5Y Avg
12.27x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Novo Nordisk A/S (NVO) | $186.53B | 27.00x | 36.22x | 43.12x | 37.23x |
| Gilead Sciences, Inc. (GILD)vs › | $184.88B | 16.04x | 18.53x | 16.29x | 14.69x |
| Abbott Laboratories (ABT)vs › | $178.56B | 26.01x | 28.55x | 34.42x | 30.90x |
| Amgen Inc. (AMGN)vs › | $203.64B | 24.27x | 24.49x | 25.66x | 23.02x |
| Pfizer Inc. (PFE)vs › | $157.42B | 19.99x | 20.67x | 28.57x | 21.67x |
| Danaher Corporation (DHR)vs › | $146.38B | 30.84x | 31.13x | 32.71x | 30.42x |
| Intuitive Surgical, Inc. (ISRG)vs › | $136.38B | 41.46x | 66.97x | 155.66x | 123.61x |
| Thermo Fisher Scientific Inc. (TMO)vs › | $239.87B | 38.04x | 36.73x | 34.06x | 35.14x |
| Bristol-Myers Squibb Company (BMY)vs › | $131.12B | 14.47x | 11.46x | 11.31x | 12.27x |
| Vertex Pharmaceuticals Incorporated (VRTX)vs › | $130.96B | 33.40x | 32.94x | 29.83x | 25.88x |
EV/FCF
27.0x
P/FCF
25.0x
FCF Yield
3.99%
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 | 27.61x |
| 2026-09-10 | 28.17x |
| 2026-09-09 | 28.49x |
| 2026-09-08 | 28.85x |
| 2026-09-04 | 29.71x |
| 2026-09-03 | 30.25x |
| 2026-09-02 | 29.81x |
| 2026-09-01 | 28.83x |
| 2026-08-31 | 28.95x |
| 2026-08-28 | 29.12x |
| 2026-08-27 | 29.51x |
| 2026-08-26 | 30.06x |
| 2026-08-25 | 30.93x |
| 2026-08-24 | 29.90x |
| 2026-08-21 | 29.79x |
| 2026-08-20 | 29.43x |
| 2026-08-19 | 29.64x |
| 2026-08-18 | 29.18x |
| 2026-08-17 | 28.68x |
| 2026-08-14 | 29.29x |
| 2026-08-13 | 29.78x |
| 2026-08-12 | 29.58x |
| 2026-08-11 | 30.05x |
| 2026-08-10 | 30.38x |
| 2026-08-07 | 30.10x |
| 2026-08-06 | 29.33x |
| 2026-08-05 | 28.48x |
| 2026-08-04 | 44.61x |
| 2026-08-03 | 47.19x |
| 2026-07-31 | 47.18x |
| 2026-07-30 | 51.34x |
| 2026-07-29 | 51.31x |
| 2026-07-28 | 50.74x |
| 2026-07-27 | 49.56x |
| 2026-07-24 | 48.73x |
| 2026-07-23 | 48.19x |
| 2026-07-22 | 48.20x |
| 2026-07-21 | 49.29x |
| 2026-07-20 | 49.50x |
| 2026-07-17 | 50.16x |
| 2026-07-16 | 51.22x |
| 2026-07-15 | 50.38x |
| 2026-07-14 | 49.01x |
| 2026-07-13 | 49.20x |
| 2026-07-10 | 49.39x |
| 2026-07-09 | 48.84x |
| 2026-07-08 | 48.84x |
| 2026-07-07 | 49.53x |
| 2026-07-06 | 49.18x |
| 2026-07-02 | 50.26x |
| 2026-07-01 | 48.73x |
| 2026-06-30 | 47.97x |
| 2026-06-29 | 48.34x |
| 2026-06-26 | 48.09x |
| 2026-06-25 | 47.70x |
| 2026-06-24 | 47.49x |
| 2026-06-23 | 47.50x |
| 2026-06-22 | 46.08x |
| 2026-06-18 | 43.61x |
| 2026-06-17 | 43.92x |
| 2026-06-16 | 43.94x |
| 2026-06-15 | 44.28x |
| 2026-06-12 | 44.25x |
| 2026-06-11 | 44.32x |
| 2026-06-10 | 43.27x |
| 2026-06-09 | 42.70x |
| 2026-06-08 | 41.62x |
| 2026-06-05 | 43.40x |
| 2026-06-04 | 44.13x |
| 2026-06-03 | 42.52x |
| 2026-06-02 | 43.37x |
| 2026-06-01 | 44.42x |
| 2026-05-29 | 45.81x |
| 2026-05-28 | 45.74x |
| 2026-05-27 | 44.86x |
| 2026-05-26 | 44.53x |
| 2026-05-22 | 45.24x |
| 2026-05-21 | 44.72x |
| 2026-05-20 | 45.34x |
| 2026-05-19 | 44.61x |
| 2026-05-18 | 44.61x |
| 2026-05-15 | 45.04x |
| 2026-05-14 | 46.01x |
| 2026-05-13 | 47.18x |
| 2026-05-12 | 47.11x |
| 2026-05-11 | 46.56x |
| 2026-05-08 | 46.26x |
| 2026-05-07 | 46.01x |
| 2026-05-06 | 49.53x |
| 2026-05-05 | 48.63x |
| 2026-05-04 | 48.15x |
| 2026-05-01 | 47.64x |
| 2026-04-30 | 45.98x |
| 2026-04-29 | 44.05x |
| 2026-04-28 | 44.93x |
| 2026-04-27 | 44.96x |
| 2026-04-24 | 44.93x |
| 2026-04-23 | 42.27x |
| 2026-04-22 | 42.91x |
| 2026-04-21 | 43.18x |
| 2026-04-20 | 44.22x |
| 2026-04-17 | 44.28x |
| 2026-04-16 | 44.69x |
| 2026-04-15 | 44.57x |
| 2026-04-14 | 43.08x |
| 2026-04-13 | 41.73x |
| 2026-04-10 | 41.27x |
| 2026-04-09 | 41.19x |
| 2026-04-08 | 41.36x |
| 2026-04-07 | 40.66x |
| 2026-04-06 | 40.42x |
| 2026-04-02 | 40.73x |
| 2026-04-01 | 40.23x |
| 2026-03-31 | 40.50x |
| 2026-03-30 | 39.04x |
| 2026-03-27 | 39.79x |
| 2026-03-26 | 40.15x |
| 2026-03-25 | 40.08x |
| 2026-03-24 | 40.64x |
| 2026-03-23 | 40.57x |
| 2026-03-20 | 40.28x |
| 2026-03-19 | 40.83x |
| 2026-03-18 | 41.20x |
| 2026-03-17 | 42.18x |
| 2026-03-16 | 42.33x |
| 2026-03-13 | 41.71x |
| 2026-03-12 | 41.77x |
| 2026-03-11 | 42.58x |
| 2026-03-10 | 42.47x |
| 2026-03-09 | 43.54x |
| 2026-03-06 | 42.33x |
| 2026-03-05 | 42.83x |
| 2026-03-04 | 42.25x |
| 2026-03-03 | 40.41x |
| 2026-03-02 | 41.51x |
| 2026-02-27 | 41.20x |
| 2026-02-26 | 41.37x |
| 2026-02-25 | 41.91x |
| 2026-02-24 | 42.34x |
| 2026-02-23 | 43.39x |
| 2026-02-20 | 51.19x |
| 2026-02-19 | 52.22x |
| 2026-02-18 | 53.00x |
| 2026-02-17 | 53.14x |
| 2026-02-13 | 53.34x |
| 2026-02-12 | 52.70x |
| 2026-02-11 | 52.51x |
| 2026-02-10 | 52.89x |
| 2026-02-09 | 53.14x |
| 2026-02-06 | 51.41x |
| 2026-02-05 | 47.10x |
| 2026-02-04 | 50.96x |
| 2026-02-03 | 24.60x |
| 2026-02-02 | 28.62x |
| 2026-01-30 | 28.86x |
| 2026-01-29 | 28.81x |
| 2026-01-28 | 29.28x |
| 2026-01-27 | 30.47x |
| 2026-01-26 | 30.98x |
| 2026-01-23 | 30.18x |
| 2026-01-22 | 30.16x |
| 2026-01-21 | 28.80x |
| 2026-01-20 | 29.44x |
| 2026-01-16 | 30.21x |
| 2026-01-15 | 27.78x |
| 2026-01-14 | 28.61x |
| 2026-01-13 | 28.95x |
| 2026-01-12 | 29.06x |
| 2026-01-09 | 28.57x |
| 2026-01-08 | 27.88x |
| 2026-01-07 | 27.52x |
| 2026-01-06 | 27.38x |
| 2026-01-05 | 26.84x |
| 2026-01-02 | 25.57x |
| 2025-12-31 | 24.87x |
| 2025-12-30 | 25.03x |
| 2025-12-29 | 25.14x |
| 2025-12-26 | 25.58x |
| 2025-12-24 | 25.65x |
| 2025-12-23 | 25.21x |
| 2025-12-22 | 23.57x |
| 2025-12-19 | 23.57x |
| 2025-12-18 | 23.34x |
| 2025-12-17 | 23.42x |
| 2025-12-16 | 23.97x |
| 2025-12-15 | 24.63x |
| 2025-12-12 | 24.54x |
| 2025-12-11 | 24.59x |
| 2025-12-10 | 24.01x |
| 2025-12-09 | 22.76x |
| 2025-12-08 | 22.95x |
| 2025-12-05 | 23.46x |
| 2025-12-04 | 23.52x |
| 2025-12-03 | 23.32x |
| 2025-12-02 | 23.26x |
| 2025-12-01 | 23.73x |
| 2025-11-28 | 24.15x |
| 2025-11-26 | 23.86x |
| 2025-11-25 | 23.09x |
| 2025-11-24 | 22.11x |
| 2025-11-21 | 23.35x |
| 2025-11-20 | 23.34x |
| 2025-11-19 | 23.99x |
| 2025-11-18 | 23.31x |
| 2025-11-17 | 23.74x |
| 2025-11-14 | 23.65x |
| 2025-11-13 | 24.07x |
| 2025-11-12 | 24.58x |
| 2025-11-11 | 24.06x |
| 2025-11-10 | 22.56x |
| 2025-11-07 | 22.44x |
| 2025-11-06 | 22.83x |
| 2025-11-05 | 24.28x |
| 2025-11-04 | 24.18x |
| 2025-11-03 | 24.59x |
| 2025-10-31 | 24.75x |
| 2025-10-30 | 25.03x |
| 2025-10-29 | 25.66x |
| 2025-10-28 | 25.98x |
| 2025-10-27 | 26.38x |
| 2025-10-24 | 26.41x |
| 2025-10-23 | 26.54x |
| 2025-10-22 | 26.61x |
| 2025-10-21 | 27.27x |
| 2025-10-20 | 27.73x |
| 2025-10-17 | 27.08x |
| 2025-10-16 | 27.89x |
| 2025-10-15 | 28.19x |
| 2025-10-14 | 28.16x |
| 2025-10-13 | 28.56x |
| 2025-10-10 | 28.29x |
| 2025-10-09 | 29.12x |
| 2025-10-08 | 29.56x |
| 2025-10-07 | 29.28x |
| 2025-10-06 | 29.57x |
| 2025-10-03 | 29.57x |
| 2025-10-02 | 29.14x |
| 2025-10-01 | 29.35x |
| 2025-09-30 | 27.61x |
| 2025-09-29 | 27.61x |
| 2025-09-26 | 27.66x |
| 2025-09-25 | 27.87x |
| 2025-09-24 | 29.14x |
| 2025-09-23 | 29.52x |
| 2025-09-22 | 30.08x |
| 2025-09-19 | 30.40x |
| 2025-09-18 | 30.62x |
| 2025-09-17 | 28.89x |
| 2025-09-16 | 28.42x |
| 2025-09-15 | 27.67x |
| 2025-09-12 | 27.31x |
| 2025-09-11 | 27.04x |
| 2025-09-10 | 27.08x |
| 2025-09-09 | 27.04x |
| 2025-09-08 | 27.03x |
| 2025-09-05 | 27.48x |
| 2025-09-04 | 27.91x |
| 2025-09-03 | 28.20x |
| 2025-09-02 | 28.03x |
| 2025-08-29 | 28.07x |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.