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 18.78x is 30% below its estimated 3-year average of 26.90x, near the low end of its estimated 3-year range (12.28x–101.95x).
As of 2026-09-16T14:55:45.393Z. 3.94% below its estimated 12-month average of 19.55x.
Calculation as of: 2026-09-16T14:55:45.393Z.
Quote observation: 2026-09-16T14:55:04.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 1f4e47a1fa01cbdcdfec649c9ce84d268f944c4520c6f303f3e270f60fda3351
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
18.78x
EV/FCF RATIO AVG TTM
19.55x
EV/FCF RATIO AVG 3Y
20.91x
EV/FCF RATIO AVG 5Y
26.90x
EV/FCF RATIO AVG 10Y
N/A
EV/FCF RATIO AVG 15Y
N/A
EV/FCF RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-3.94%
CURRENT VS 3Y AVG
-10.20%
CURRENT VS 5Y AVG
-30.20%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
30.14x
median of 158 covered companies
CURRENT VS SECTOR MEDIAN
-37.70%
vs the sector median at left
Market Cap
$7.81B
EV/FCF Ratio
17.11x
TTM Avg
17.98x
3Y Avg
27.04x
5Y Avg
59.68x
Market Cap
$7.83B
EV/FCF Ratio
34.37x
TTM Avg
25.61x
3Y Avg
35.14x
5Y Avg
39.09x
Market Cap
$7.91B
EV/FCF Ratio
N/A
TTM Avg
46.75x
3Y Avg
57.71x
5Y Avg
57.71x
Market Cap
$7.92B
EV/FCF Ratio
201.47x
TTM Avg
165.77x
3Y Avg
471.75x
5Y Avg
471.75x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| UiPath Inc. (PATH) | $7.35B | 18.78x | 19.55x | 20.91x | 26.90x |
| Cipher Mining Inc. (CIFR)vs › | $7.09B | N/A | N/A | N/A | N/A |
| Applied Digital Corp. (APLD)vs › | $7.07B | N/A | N/A | N/A | N/A |
| Duolingo, Inc. (DUOL)vs › | $6.91B | 14.36x | 19.34x | 48.36x | 81.75x |
| Paylocity Holding Corporation (PCTY)vs › | $7.81B | 17.11x | 17.98x | 27.04x | 59.68x |
| Zeta Global Holdings Corp. (ZETA)vs › | $7.83B | 34.37x | 25.61x | 35.14x | 39.09x |
| AppFolio Inc. (APPF)vs › | $7.87B | 28.56x | 32.54x | 102.74x | 157.49x |
| Applied Optoelectronics, Inc. (AAOI)vs › | $7.91B | N/A | 46.75x | 57.71x | 57.71x |
| SentinelOne, Inc. (S)vs › | $7.92B | 201.47x | 165.77x | 471.75x | 471.75x |
| Silicon Motion Technology Corporation (SIMO)vs › | $8.10B | N/A | 19.87x | 23.16x | 22.41x |
EV/FCF
18.8x
P/FCF
20.3x
FCF Yield
4.94%
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 | 18.33x |
| 2026-09-10 | 18.50x |
| 2026-09-09 | 18.07x |
| 2026-09-08 | 18.24x |
| 2026-09-04 | 19.90x |
| 2026-09-03 | 24.16x |
| 2026-09-02 | 23.84x |
| 2026-09-01 | 24.05x |
| 2026-08-31 | 24.79x |
| 2026-08-28 | 24.06x |
| 2026-08-27 | 24.32x |
| 2026-08-26 | 22.11x |
| 2026-08-25 | 21.97x |
| 2026-08-24 | 21.84x |
| 2026-08-21 | 21.59x |
| 2026-08-20 | 20.93x |
| 2026-08-19 | 20.73x |
| 2026-08-18 | 20.45x |
| 2026-08-17 | 21.02x |
| 2026-08-14 | 21.05x |
| 2026-08-13 | 22.00x |
| 2026-08-12 | 20.00x |
| 2026-08-11 | 20.64x |
| 2026-08-10 | 20.46x |
| 2026-08-07 | 19.70x |
| 2026-08-06 | 18.23x |
| 2026-08-05 | 17.97x |
| 2026-08-04 | 18.37x |
| 2026-08-03 | 16.89x |
| 2026-07-31 | 16.48x |
| 2026-07-30 | 15.93x |
| 2026-07-29 | 16.24x |
| 2026-07-28 | 15.68x |
| 2026-07-27 | 14.88x |
| 2026-07-24 | 13.78x |
| 2026-07-23 | 12.88x |
| 2026-07-22 | 13.58x |
| 2026-07-21 | 15.47x |
| 2026-07-20 | 15.64x |
| 2026-07-17 | 15.62x |
| 2026-07-16 | 15.45x |
| 2026-07-15 | 15.34x |
| 2026-07-14 | 15.33x |
| 2026-07-13 | 15.20x |
| 2026-07-10 | 14.96x |
| 2026-07-09 | 15.13x |
| 2026-07-08 | 14.60x |
| 2026-07-07 | 14.92x |
| 2026-07-06 | 15.17x |
| 2026-07-02 | 15.00x |
| 2026-07-01 | 14.78x |
| 2026-06-30 | 13.82x |
| 2026-06-29 | 13.56x |
| 2026-06-26 | 13.34x |
| 2026-06-25 | 12.50x |
| 2026-06-24 | 13.03x |
| 2026-06-23 | 12.82x |
| 2026-06-22 | 12.82x |
| 2026-06-18 | 12.98x |
| 2026-06-17 | 12.92x |
| 2026-06-16 | 13.33x |
| 2026-06-15 | 13.71x |
| 2026-06-12 | 13.37x |
| 2026-06-11 | 13.51x |
| 2026-06-10 | 13.65x |
| 2026-06-09 | 13.65x |
| 2026-06-08 | 14.24x |
| 2026-06-05 | 14.34x |
| 2026-06-04 | 15.83x |
| 2026-06-03 | 15.83x |
| 2026-06-02 | 16.62x |
| 2026-06-01 | 18.04x |
| 2026-05-29 | 15.90x |
| 2026-05-28 | 15.69x |
| 2026-05-27 | 15.04x |
| 2026-05-26 | 14.93x |
| 2026-05-22 | 14.68x |
| 2026-05-21 | 14.12x |
| 2026-05-20 | 14.43x |
| 2026-05-19 | 14.09x |
| 2026-05-18 | 14.23x |
| 2026-05-15 | 13.66x |
| 2026-05-14 | 12.73x |
| 2026-05-13 | 12.42x |
| 2026-05-12 | 13.26x |
| 2026-05-11 | 14.26x |
| 2026-05-08 | 14.46x |
| 2026-05-07 | 14.68x |
| 2026-05-06 | 14.02x |
| 2026-05-05 | 14.32x |
| 2026-05-04 | 14.53x |
| 2026-05-01 | 14.28x |
| 2026-04-30 | 13.71x |
| 2026-04-29 | 13.83x |
| 2026-04-28 | 14.11x |
| 2026-04-27 | 13.95x |
| 2026-04-24 | 13.81x |
| 2026-04-23 | 13.38x |
| 2026-04-22 | 14.62x |
| 2026-04-21 | 14.45x |
| 2026-04-20 | 14.11x |
| 2026-04-17 | 13.88x |
| 2026-04-16 | 14.19x |
| 2026-04-15 | 14.19x |
| 2026-04-14 | 13.27x |
| 2026-04-13 | 13.43x |
| 2026-04-10 | 12.28x |
| 2026-04-09 | 13.15x |
| 2026-04-08 | 13.84x |
| 2026-04-07 | 14.71x |
| 2026-04-06 | 15.02x |
| 2026-04-02 | 15.16x |
| 2026-04-01 | 14.82x |
| 2026-03-31 | 14.94x |
| 2026-03-30 | 14.59x |
| 2026-03-27 | 14.31x |
| 2026-03-26 | 14.85x |
| 2026-03-25 | 14.68x |
| 2026-03-24 | 17.23x |
| 2026-03-23 | 19.08x |
| 2026-03-20 | 18.96x |
| 2026-03-19 | 19.28x |
| 2026-03-18 | 19.64x |
| 2026-03-17 | 18.82x |
| 2026-03-16 | 18.11x |
| 2026-03-13 | 18.12x |
| 2026-03-12 | 17.76x |
| 2026-03-11 | 19.52x |
| 2026-03-10 | 18.14x |
| 2026-03-09 | 18.80x |
| 2026-03-06 | 18.61x |
| 2026-03-05 | 18.07x |
| 2026-03-04 | 17.23x |
| 2026-03-03 | 17.18x |
| 2026-03-02 | 16.58x |
| 2026-02-27 | 16.64x |
| 2026-02-26 | 16.60x |
| 2026-02-25 | 15.26x |
| 2026-02-24 | 15.54x |
| 2026-02-23 | 15.66x |
| 2026-02-20 | 16.76x |
| 2026-02-19 | 17.48x |
| 2026-02-18 | 17.28x |
| 2026-02-17 | 17.00x |
| 2026-02-13 | 17.67x |
| 2026-02-12 | 17.42x |
| 2026-02-11 | 18.33x |
| 2026-02-10 | 20.52x |
| 2026-02-09 | 20.61x |
| 2026-02-06 | 20.41x |
| 2026-02-05 | 19.00x |
| 2026-02-04 | 19.43x |
| 2026-02-03 | 19.12x |
| 2026-02-02 | 19.80x |
| 2026-01-30 | 19.89x |
| 2026-01-29 | 21.04x |
| 2026-01-28 | 22.55x |
| 2026-01-27 | 22.98x |
| 2026-01-26 | 23.94x |
| 2026-01-23 | 23.75x |
| 2026-01-22 | 24.36x |
| 2026-01-21 | 22.70x |
| 2026-01-20 | 23.00x |
| 2026-01-16 | 22.95x |
| 2026-01-15 | 23.73x |
| 2026-01-14 | 24.75x |
| 2026-01-13 | 25.80x |
| 2026-01-12 | 28.02x |
| 2026-01-09 | 26.41x |
| 2026-01-08 | 27.39x |
| 2026-01-07 | 29.07x |
| 2026-01-06 | 28.18x |
| 2026-01-05 | 25.90x |
| 2026-01-02 | 25.64x |
| 2025-12-31 | 26.53x |
| 2025-12-30 | 27.04x |
| 2025-12-29 | 27.34x |
| 2025-12-26 | 27.32x |
| 2025-12-24 | 27.88x |
| 2025-12-23 | 25.78x |
| 2025-12-22 | 27.07x |
| 2025-12-19 | 26.06x |
| 2025-12-18 | 25.75x |
| 2025-12-17 | 25.78x |
| 2025-12-16 | 26.01x |
| 2025-12-15 | 26.13x |
| 2025-12-12 | 28.33x |
| 2025-12-11 | 29.40x |
| 2025-12-10 | 30.55x |
| 2025-12-09 | 31.06x |
| 2025-12-08 | 32.04x |
| 2025-12-05 | 30.96x |
| 2025-12-04 | 30.62x |
| 2025-12-03 | 24.28x |
| 2025-12-02 | 23.30x |
| 2025-12-01 | 22.98x |
| 2025-11-28 | 22.52x |
| 2025-11-26 | 22.05x |
| 2025-11-25 | 22.09x |
| 2025-11-24 | 21.56x |
| 2025-11-21 | 21.03x |
| 2025-11-20 | 20.54x |
| 2025-11-19 | 21.86x |
| 2025-11-18 | 22.31x |
| 2025-11-17 | 21.93x |
| 2025-11-14 | 22.82x |
| 2025-11-13 | 22.93x |
| 2025-11-12 | 23.21x |
| 2025-11-11 | 23.42x |
| 2025-11-10 | 23.12x |
| 2025-11-07 | 23.30x |
| 2025-11-06 | 23.01x |
| 2025-11-05 | 23.73x |
| 2025-11-04 | 23.24x |
| 2025-11-03 | 26.05x |
| 2025-10-31 | 26.03x |
| 2025-10-30 | 26.05x |
| 2025-10-29 | 26.64x |
| 2025-10-28 | 26.56x |
| 2025-10-27 | 28.71x |
| 2025-10-24 | 27.12x |
| 2025-10-23 | 25.29x |
| 2025-10-22 | 24.58x |
| 2025-10-21 | 26.77x |
| 2025-10-20 | 26.15x |
| 2025-10-17 | 25.29x |
| 2025-10-16 | 26.15x |
| 2025-10-15 | 27.49x |
| 2025-10-14 | 27.12x |
| 2025-10-13 | 28.27x |
| 2025-10-10 | 28.12x |
| 2025-10-09 | 30.68x |
| 2025-10-08 | 25.54x |
| 2025-10-07 | 24.21x |
| 2025-10-06 | 23.68x |
| 2025-10-03 | 20.84x |
| 2025-10-02 | 20.58x |
| 2025-10-01 | 21.00x |
| 2025-09-30 | 21.68x |
| 2025-09-29 | 20.24x |
| 2025-09-26 | 19.63x |
| 2025-09-25 | 19.51x |
| 2025-09-24 | 19.82x |
| 2025-09-23 | 20.19x |
| 2025-09-22 | 21.26x |
| 2025-09-19 | 19.04x |
| 2025-09-18 | 19.53x |
| 2025-09-17 | 18.95x |
| 2025-09-16 | 18.51x |
| 2025-09-15 | 18.54x |
| 2025-09-12 | 18.21x |
| 2025-09-11 | 18.72x |
| 2025-09-10 | 18.58x |
| 2025-09-09 | 19.09x |
| 2025-09-08 | 18.69x |
| 2025-09-05 | 18.15x |
| 2025-09-04 | 17.02x |
| 2025-09-03 | 17.08x |
| 2025-09-02 | 17.11x |
| 2025-08-29 | 17.50x |
Showing the most recent 260 of 884 data points. The chart above shows the full history.
